The recovery from the agricultural depression of 1920-1921 has been accomplished step by step and industry by industry. In 1921 dairying began to enjoy stabler conditions. In 1922 cotton recovered from the worst of its post-war slump. Hogs brought better prices in 1921 and 1922. Corn rallied in 1923 and wheat last year. All this while the cattlemen, however, have been vainly looking for brighter skies. Only recently here conditions favored this long depressed industry.
Owing to the severity of depression encountered by the cattlemen, herds in the southwest have been considerably reduced. Meanwhile...
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