Chapter
3
The First Bonanza Farm
The
first people to agree with Power's plan was General George W Cass,
president of the Northern Pacific, and Benjamin Cheney, a member of
the board of directors. The two cashed in their bonds and authorized
Power to select land in the Red River Valley for them.
In 1874, with 13 thousand acres staked out in
the heart of the valley, the Cass-Cheney bonanza farm was born. Hired
to run the operation was Oliver Dalrymple. Dalrymple had previously
owned a very large farm himself in southern Minnesota. A three thousand
acre operation that fell on hard times due to speculation on the grain
market. Despite the failure of that farm, Dalrymple had a reputation
of getting things done. He was called the "Minnesota Wheat King",
and now without a farm, General Cass offered him the position of farm
manager on a combined salary and commission basis.
Dalrymple's reputation was no fluke. He quickly
turned a profit for the Cass Cheney farm, and with the earnings from
his success started up his own bonanza farm operation. By 1896 Dalrymple
had acquired fifty percent of the original bonanza operation.
The Red River Valley
In the 1870's wheat was the crop to be grown and
the Red River Valley was ideal for wheat farming. Its cool, northern
climate was perfect for spring wheat production, and the soil of the
valley was some of the most fertile in the world. Centuries ago the
valley was covered by a gigantic glacial lake. When the lake receded
it left behind a flat, stoneless lakebed; an incredibly fertile plain
due from the centuries of sediment deposit.