FREE BOOKS

Author's List




PREV.   NEXT  
|<   313   314   315   316   317   318   319   320   321   322   323   324   325   326   327   328   329   330   331   332   333   334   335   336   337  
338   339   340   341   342   343   344   345   346   347   348   349   350   351   352   353   354   355   356   357   358   359   360   361   362   >>   >|  
to the decline and disappearance in many rural places of small manufacturing and mercantile businesses before the competition of large business in the cities. In much of the long-settled area of the country every hillside stream once turned a little mill to saw timber, grind corn, forge iron, or weave cloth. Most of these mills are now deserted. In countless villages the old blacksmith shop, once a center of business, is abandoned. Here and there a patriarchal smith still serves a dwindling group of customers and speaks with mingled pride and pathos of his sons, now in the automobile business in the city. The movement away from the countryside has been but little counteracted as yet, but may be more in future, by the growing enjoyment of rural life, by the back-to-the-land movement, by interurban railways, by improved roads, and by automobiles. Sec. 9. #The farmer's income in monetary terms#. Census figures and some additional investigations have led to the estimate of the average real income of the farmers of the United States in 1909, expressed in monetary terms, as $724. The estimated value of all products, whether sold or used by the farmer, plus the value of his house rent and fuel consumed by family, was $1236, from which expenditures of $512 are deducted for outside labor, and for materials used for operating and maintaining the farm. Of the $724 the sum of $402 is estimated to be the labor-income of the family and $322 is estimated to be the wealth-income (at 5 per cent of the capitalization of the farm). This was in a period of rising values in farm lands, averaging about $323 per farm annually, and this to most farmers was equivalent to so much monetary savings. The main items of net income, therefore, are as follows: Rent $125 Food from the farm 261 Fuel 35 Cash 303 Total $724 Increase in value of farm 323 Total estimated monetary income $1047 Of the total, $422 is a labor-income, and $645 is a wealth income.[7] It would be difficult, even if the available statistics were much more exact than they are, to compare exactly the farmer's income with those of urban classes. Averages of such large numbers and over such a wide area have a limited s
PREV.   NEXT  
|<   313   314   315   316   317   318   319   320   321   322   323   324   325   326   327   328   329   330   331   332   333   334   335   336   337  
338   339   340   341   342   343   344   345   346   347   348   349   350   351   352   353   354   355   356   357   358   359   360   361   362   >>   >|  



Top keywords:

income

 
monetary
 
estimated
 

farmer

 
business
 
movement
 

family

 

farmers

 

wealth

 

numbers


capitalization

 

places

 
period
 

rising

 
annually
 

values

 

averaging

 
expenditures
 

competition

 

limited


consumed

 

deducted

 

maintaining

 

manufacturing

 

operating

 
materials
 

businesses

 

mercantile

 
equivalent
 

decline


difficult

 

statistics

 

compare

 

Averages

 
savings
 

disappearance

 

Increase

 

classes

 

automobile

 
pathos

speaks
 
mingled
 

counteracted

 

timber

 

countryside

 

customers

 

countless

 

villages

 
blacksmith
 

deserted