National Affairs: Upturn on the Forms

If prices were going up, so, happily, was the farmer's income. After four years in the fever-land of falling income—in part induced by price-depressing surpluses—the farmer has reached a turning point. His condition is better and his prospects are good, reported Department of Agriculture economists last week. Realized net farm income is up 4% over 1955 and should rise an additional percentage point next year.

Why the upturn? A "decisive" factor, explained Agriculture's Economist Frederick V. Waugh, was "government programs," e.g., the Administration-sponsored soil bank, which last September began to pay farmers to withdraw 12 million acres from production and put them...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!