Compared with the good old "parity" years from 1910 to 1914, farmers had a 28% greater increase in their earnings last year than the rest of the population. So the Department of Agriculture showed last week in a 29-page study for once devoid of any talk about how hard up the farmer is.
This year farm wage rates are 26% over 1941; farm supplies are up 16%; but still the total net earnings of U.S. farmers are $1,000,000,000 higher than last year (see chart). They are higher than at any time since 1919—four times as much as in 1932, and...
To continue reading:
or
Log-In