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not secure him daily food. Your words and my music combined in a song fit to tickle the fancy of the multitude may transfer wealth to our pockets, but it was in neither the words nor the music, nor yet in the song, and still less in the power to contrive them. If wealth in material things had not been in possession of the multitude, the same sweet sounds might have given satisfaction to the crowds without an idea of wealth in the transaction. Much of the welfare of the world is from exertion of powers entirely independent of wealth. The chief joys of home are not measured by the wealth in our tenement. The chief welfare of society is only incidentally connected with wealth. Chart No. I _Fluctuation of Farms and Farm Interests since 1850_ At the top is shown the relative size of farms at the close of each census period, with the number of acres tilled and untilled. The lower part of the chart shows the changes in different farm interests, especially in the amount and character of capital employed and the number of people engaged in agriculture. Assuming the conditions of 1850 to be par, the increase or decrease is shown for each kind of live stock, the number of farms, the total farm population, and the number of farm managers, as well as the valuation of real estate and of live stock. To illustrate, take No. 4, the number of cattle, excluding the cows. In 1860 there were 1.5 times as many as in 1850. In 1870, on account of the consumption and disturbance of the war, the number was reduced to 1.4 times as many. In 1880 there were more than 2.3 times as many, and in 1890 there were 3.48 times as many. In a few instances the estimate for 1897, though not an accurate enumeration, is added for comparison. A careful study of these various changes will show that while the total population in 1890 was only 2.7 times the population of 1850, the total number of people employed in farm occupations of every kind was 2.88 times as great; although the number of independent farmers was only 2.28 times as great. The total value of real estate in farms was over four times as great, and the total value of live stock exactly corresponded. The number of cows, sheep and hogs had not kept up with the population; while the number of beef cattle and horses and mules had increased much more rapidly. The fact that the value of live stock had increased in much greater proportion than the numbers shows that there has been great improvement in
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