davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-01-06
Londos Dethrones
Demetral i'm Title
Wrestling Match

jim Londos, the Greek, defeated his
countryman, William Demetral. in a
spirited wrestling match in the list
Regiment Armory last night in 1 hour
49 minutes. Londos gained the fall
with combination double arm and
scissors hold. Some 5000 spectators
witnessed the tussle, which was one Of
the fercest held in this city in years.
The defeat cost Demetral the Greek
heavyweight championship.
Londos, young, splendidly built fell
low, took the offensive at the start and
rushed his older and more experienced
opponent around the mat. Demetral. a
very cagey, grappler, soon put stop to
these tactics and himself became the
aggressor. For the next fifty minutes
Demetral had Londos wholly on the
defensive.
On several occasions the title-holder
managed to, slip body scissors and
armlock hold on the youngster, but lust
as he was about to pin him down to
the mat. Londos managed to break
away. by his exceptional strength.
Shortly after the first hour, Londos.
still quite fresh, speeded up and set
such swift pace that he soon had
Demetral doing his best to ward off de-
feat: The champion finally succumbed
TO- this new burst of aggressiveness.
In the first match Of the evening
Sulu Hevonpaa defeated Ivan Linow
in fast and rough struggle Hevon-
paa threw his opponent with com
bination halfnelson and toe hold in
49 minutes, SO seconds.
In the other match Wladek Zbyszko.
the Polish Hercules, easily overcame
George Sauboue, Of Belgium, "Zibby"
settled the Belgian in Z minutes. 18
seconds, with flying mare and double
wrist lock.
New-York tribune., 1920-01-06
Havana Entries

First race tpurse. $500; two-year-olds:
two furlongs) )--Dorothy. 109 Fiction. lo9:
Little Pointer, 100; charmont. 1oo; tMari-
cusa, 109; tGeneral Agramonte, 112: Whiz
1l2. IA. II. Diaz entry
Second race (purse. 5000; claiming: four
year-ods: six furlongs)--Tho Snob. 106
Prince Direct 1o7; Buster Clark. lo7: Ar
thur Middleton. 1903; shoddy. ITO; Plerrot.
113; Brlzz. ll3.
Third race }tpursc, 5000; claiming; three
punctual, 1o4; 'Diomed. 104; Hos a Innr
lo0 Bardora. l07; Babylonian, l09; Incln.
orator. ITO; steve. 112
Fourth race (Uruguay Handicap: purse
Sso0; three ycar-olds and upward tiye and
one half furlongs) --Hocnir, 103; Ton n, ~
Morning. 1906: Hamilton A., 10s DIveraion
los; Different Eyes. 100; Cromwell, I.4.
Fifth race {purse, $500: claiming: thre,.
year -oids and upward; ono mile ana one
sixtcenth) --'Guide Post. 1o1, .Homan. ioa.
War Tax. 1O4. Mud Stil. 100: .WoodthrnsS
ioe; Lariat. 1903; uMaway. III: Regreao
sixth rqce (pursc. $780, claiming; four.
year-olds and upward; one mile and tiftv
yards )-sdracs, 93: Plantarcde, 81: .ctrss
culate. 0o; Zoic. loS; Big Smoke, iot.
'Baby Cal, 104.
claimed.
New-York tribune., 1920-01-06
New Orleans Entries

First race (purse; two-year-o maidens.
!. colts and geldings; three furiongs)--Buddy
Kean.. .lls; Chss. A. Byrne. rs; Freddie,
dis: Get EN- 11S; Plus Ultra. lis.
maidens: six furlongs)-Airdrie. ia Rich
ard ". III; Barrs Pet. ia: The Pirate,
II: Dinty Moore IN Sandy n,dy Mac ias H. "a
Jos: Mountain Girl. 10s. Also eligible:
Sexvitor. ia: Arrowshead 114; Kim Hast
s4nEs, 1i4: Nashotah, 1o9.
Third race $4,000 handicap; three-year-
olds and up; six furiongs)-War God; III;
Mahouey, 108: Marie Miller, los; Rapid
Traveller. 103.
Fourth race purse; four-year-olds and
up; one miie)-Prospector. H.; Tacola.
iii; Chief, Ill: Breeze, 107; Sailor, 105 !;
Ballet Dancer I'd. 104; Duchess Lace. 104 !;
Jim Heffering.. Io4: Brother MacLean. 1922;
Tom Brooks, 81.
:. Fifth race !elsiming;s thrse-ysar- -oIds OLD
Sans Peur II. 1os: Warsaw, log; Marchesa
10z: Alta Boy II, 101; st. Gersnain. s2
Sixth race Claiming; three -years-olds
enty yards)--B; Roberts. 1o7; Eulogy. loa;
sAblaze. 80: Irish Maid, ss .Lorena
Miss. 81; 'Medusa. ss: Diamond Girl, ga
Seventh race Claiming: ur-year,olds
aandini fna SR ino nns jack na K 1io
l1o: James. ITO: Parrish, 1lo: Caballo
!. 1os; Nab. 1o5; Cracow, lo5; Meddling Miss
JOS; Alonia. 100: Capital City, III
ch.restonisn 9S nsasoa asa s,gbIe hSek rS.
Gallant, i0s: Bogart. 10: Pit. 10; Sara
sofa. 10s.
.Apprentice allowance Of fve pounds
New-York tribune., 1920-01-06
General Glenn
Sxz
! Takes Feature
r>
From Favorite
Ina Kay and Deckmate
Only Choices. to Cross
Finish Line in Front
Special Correspondence

Special Corespondencs
NEW ORLEANS, Jan. 5.--Harry
Payne Whitney's three-year-oldb brown
colt Damask. by All Gold, which went
to the post big favorite in the Sir
Barton Purse, the feature event at
the Fair Graund track this afternoon.
was beaten by General Glenn. ridden
by Mooney, at the juicy odds of 10
to |. Simpleton finished third.
The favorite followers were able to
cash in on only three races. Ina Kay fin-
ished first under the wire in the second
race at 4 to 8. In the last event of
sthe day. Deckmate was one Of the other
~favorites to show home in front.
Ultra Gold, one of the choices, won
she third. Siesta again caught the
eyes of the judges as he flashed under
the wire in the fifth event, while
sSpeedster, at the good odds of 5 to !,
came home the winner in the sixth
race.
The results:
First race uhree MISUNDERSTANDING
Won Repeat 1o4 tcotiiet ee IL ana to to
and out second; Joe Tag, les SWida}, 10
Kathleen K. % Charles @ Boy "s scotty. 'sS1 Oh Doc
tor and Audrey also ran.
Second race tsix furlongs)-1na Kay, 1o6
.,Is Ma1a,s to = to ana % out
; and to o. second: Hadrian. 10s (Wright),
20 to !. to I and to /, third. Time
f:13 as. Watersmeet, Miss Parnell, Nellie
Witwer. Ragazza. BLACK Wing Scarpia IL
and Bounding Through also ran.
Third race-Ultra Gold, 90 (Perce). Q
to s, to and l to 4. won; Etruscan,
1o7 (Jacksonl. IL to l, to ! and to g.
l. Even W. and aast'nss to tn sSrd huTTS Tme
LIB is. Night Wind, Merchant. Fiji II,
Pullux and Bon Tromp also ran.
Fourth race Zone mile)-General Glenn.
81. Mooney, 10 to /. to and to g. won:
out. second; simpleton. 1o4 lcoltilettD, ! to
ss-l to and even third. Time SO AS.
Z Bone Dry. Challenger and Maize also ran.
Fifth race .(purse. $500: claiming four
sixteenth)-Siesta, 10s (Wida), to l. even
and / to 2, won Yowell. IL (Thurber).
to l. to and even. second; 1winiwin,
los (Barrctt), to l, to and to 10.
Pleasanton, Napthalus, Lazy Lou and
Gourmand also ran.
Sixth race (purse, $500; four-year .olds
and upward; one mile and onc-sixtsenth}
-Speedster, 109 (Rodriguez), TO ]. TO
4 and even, won; Soldat de vordnn, 1o4
second; Tanlas, 100 (Heinsh). IL to l. g
ito and to 2. third Time, :is Brown
sFavorite. Gold Crest Boy. Philis.ine. Sybil
Sentimental. Bethel Hill, Willigan High
Note. Mayor Calvin and Leta also ran.
Seventh race (purse. $500; claiming;
four-year -olds and upward; mile snd
one-quarter) - Deckmate, 112 (Thurber),
to S. to and 1 to 1, won: Ba Jazet,
107 (Wida). to 1, to a:l1 even. second;
:, Bubbling Louder, 100 (Rodrgue7). to 1.
IS to 2 and even, third. Contestant. Pit.
Jack Reeves Captain aodge. Antuinette
sand Rookery also ran
New-York tribune., 1920-01-06
Long Island Golfers
Lead in Bogcy Handicap

PINEHURsT, N. c., Jan. 5.-F. s.
Danforth, of Long Island. did the best
work to-day in a handicap against
bogey of the Tin Whistles. He played
the last nine holes of No. 3 course in
80. The principal scores:
CLASS Al. 8. Danforth, North Fork.
S2-5 plus 4; w. r. Barr, New York, s0-1o
plus !; J. r. Bowker, Woodland. 90-13,
even: Donald Parson. Youngstown. 81 minus
!; q. w Mead. Glen Ridge. s7-9 minus /
g. F. Watson jr.. Baltusrol. s6-6 minus 3:
G. f. Lancaster, Braeburn. 94-9 minus Q:
W. Fl. Truesdell. Garden City, s4-5 minus
g; G. l.. Becker. Ekwanok. ops minus 8;
G.. II Satzell, Aronimink, 1910 minus 3.
1s plus q; II. G. waring, Pinehurst, ss-14
plus l G. T. Dunlap, Canoebrook, 1912
minus 8; p. b. O'Brien. Detroit, 1912
InirluY 3.
New-York tribune., 1920-01-06
Sons Willed Millions
OF Famous Horseman

KITCHENER, Ont, Jan. 5.-All of his
valuable horses and the many trophies
they captured, as we'll as the bulk of
his $4,039,710 estate, are bequeathed
the three sons of Joseph E. Seagram,
widely known horseman and distiller
under the terms Of his will, probated
here to-day.
Bequests of $500 to s25 900 are given
to old and faithful employees of Mr..
Seagram, who died August 18 last.
New-York tribune., 1920-01-06
Stelle Wins With Foils

f. T. Stelle, Columbia '21, won first
place and the Hammond prize given by
Graham Hammond, president Of the
New York Athletic Club, in the tour
nanient held by the Amateur Fencers
League of America at the New York A.
G. last night. Louis F. Bishop ant
Joseph Goulden tied for second. Arthur
Townsend also competed. S<elle won
all three of his matches in handy
fashion.
New-York tribune., 1920-01-06

MELBOURNE, Australia, Jan. g.
Norman Ross, the American swimmer,
won the 220-yard championship sprint
in an athletic meet held here yester-
day. Spencer and Ostericter, Ameri-
cans. were winners Of the six-day BIZ
cycle race, carrying off the prize of
$500 sterling. Fourteen teams COM
peted.
New-York tribune., 1920-01-06
Hoppe Double Victor

William F. Hoppe, champion balkline
bllliardist, defeated Charles C. Peter
son in the afternoon and evening
matches at 1872 at the Rational Acad-
emy, in Brooklyn, yesterday. Hoppe
won the first issue, 300 to los, and the
second by 300 to 72. In the evening
game the champion made high run Of
125
New-York tribune., 1920-01-06
Phillies Buy Pirate

PHILADELPHIA, Jan. 5.-~Tho Phila-
dclphia National League club an
n,ounced tonight that Y had pur-
from the Pittsburgh club.
New-York tribune., 1920-01-06
Argentina Enters Olympic

.BUENOS AIRES, Jan. 5.-~Argentina
will aend athletes to the Olympic
games to be held in Antwerp in 1920
as result Of q decision reached at q
meeting Of national athletic organiza
tions.
New-York tribune., 1920-01-06


every
Not precisely,
upset batting leadership the
twelfth time.
upset leading League again.
It was old stuff.
The logical lead National
eral effectiveness G.. c. Alexander He did
The logical
This is exactly what Johnson did
The best
the candidate who landed top.
rhe two leading golf candidates the Open Championship
Hagen and Brady They tied for first Hagen
The picked Golfers Championship was
i'm i'm
repeated spring championship games There was no
leagues home runs?
few sudden shocks and twists lend lopided
entire field But in the main form close contributing
usual output.
Excess Profit.
Jack Dempsey removing Willard from
get $25oooo for the Carpenter affair." would the
s2225oo be merely an income?
In either case the amount Of kae that Demnv and will
along Uncle Samuel vail be marks
Sport writer's age but doesn't make them
feel begin writing Fizmmon
James Braid Mike Murphy who once
featured their fragmentary notes.
Football Changes
The Football Rules extremely conservative lust as It
should be-
The tinked with to any extent But
while perfection can never be attained in this foundeg
ence, it can at least be attempted.
changes made
FirsTo abolish clipping behind which not sport in any
secondTo abolish the touchdown appendix
we'll as an an-cmax which
In the Of scoring values touch
down. The goal after touchdown has worthy game
Coach Bob Fisher of Harvard completed
tories YALE College among others and
draw with Princeton The Haughonan good
usual JOB Tor coaching debutan football
Fisher not be on his way
We thought first abolished
and rendered practically extinct
played at the end Of match Nothing to it. The deep
About the only double shot Of wood
alcohol.
Quite number Of club discussing terms with their
star ball Players not proamng they did some months
back that 1919 the known
urng the ae into the this going to be no soft
and yielding task
New-York tribune., 1920-01-06
Big Scarcity of Brains

maybe wouldn't talk about the Ruthen thing ALL
= oo want my name business
account know lot of men and thew bt think was
outing too much Maybe had just lecture on brains
account the big Scarcity If my brains down to
seon "ner brains is such big novelty write it nv own
like they at the racing track ~ - ' ~ -
just to show what brains got new formane
make some whisky which wooden alcohol or anv Other
lno OF comlcals in No. it to Won now cot to
OUT yseif FIRST The should to ask Moe
should have drink and that would saw YES and drink
1"e" would watch him. and if he didn't would know that
health < " ~"'>s "N' ~ -
Wei' SO long, I'm going have talk with
anghnK and see il could help
ees ana wnat he is up against it, first came here
AoVno didn't know much myself.
20, ole neat and could give him good advice
ouo act when he met lot Of hghoned and amt
TO charge him either hin,
partner IN the lecture business he could get a start"
New-York tribune., 1920-01-06
kzy Kaplan Will Lecture
Helps Buy Babe Ruth and Plans to Do Maeterlinck
By w. 20. Mcclellan

here ticket for my lecture, said zzy Kapan bit
~ paeooaio 10 he sporting editor Sure
lecture up at Chack Doye pooling parors
way am talking it English Nobody teached language
teached myself
And anyhow could talk better English Msngi
e begne eer which he
like Russian bet got more to saw than
Morris Msslgnk amt knocking Begnes wouldn't knock
MOTIFS eher because know Greenland
and it's hard life at best Missnglnk can did
should also did it because friends who would
come even if they didn't get it passes
Il amt decided what should vet because cot
lot TO say and can talk about anything ANYHOW
am waiting till get good
lecture 1t amt been moving pictures from lecture
so 1t ought to be worth it is new ide New
deers is hard to ~ ~
Maybe should lecture got Baby Ruhsen which
used to be with the Red Sox team Of
don all OF the talking that business and
Ingsen HUSTON which they Yankees is good friends
mine Ao and Harry Shapiro which he is business roeneper
the Yankees, just like that '
New-York tribune., 1920-01-06
O'Catty Defeats Corona Kid

TROY. N. Y, Jan. 5.~-Packy OGssv
easily defeated the Corona Kid IN
six-round bout at the Star A. &. her
tonight, 0'Gatty scorcd kncckdoWas
In the second and third rounds.
New-York tribune., 1920-01-06
Hard to Stop Thinking

1T brains that. does lots of tbnos soees
'nac with enough brains could did anything except maybe
am always having brains work so that thew woun4 oct
lou coua oeeve me or not but thinking
oon thnK ABOUT nothing at all keep
the paper which good ;dee r. tbn d Chat
got me started And when thinking YOU could hardly
stop - 'e ''N N' N'
got thinking about this business and went
Jake kuppesten jake said him. would be good ideer
ee' .ns leer Ruthstem to baseball Yankees
Right away jake sad Izzy, fine deer And look
now 1t worked out All that do after gave him the i
was 10 og down IN his inside pocket hundred and ffv
ano "tnout the ldeer he couldn't have thing at ALL
amt sent jake bill amt in no hurry
money ana know that jake told
cnarge nothing at ALL that should this on account
a'r1otn But the war and that NV brains should
be too patriotic - ~ '' ~ ~
sure got to be paid for thinking want that people should
say ,zy hapan was gooG feler when want that
shoud say lzzy Ksplan he's That's
avce Tor ne young men, and thought my
ana oe1 ehat ors Nissnglnk couldn't advice
New-York tribune., 1920-01-06
Americans Win Bike Grind

.Apprentice allowance Of hye pound
claimed.
New-York tribune., 1920-01-06
Worlds Champion Light Six

ELorn MOTOR DISTRIBUTING CO.. Inc.
Dreedwsy q 9Th st.. New York City
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1920-06-14
GREAT LINER IS
TO Be SOLD
LEVIATHAN. FORMER GERMAN
SHIP, TO BE DISPOSED OF.

Washington, d. c., June 14.-Bids
for the sale of the Leviathan, the
largest ship in the American mer-
chant marine, will be received June
80 by the shipping board.
The Leviathan, which was taken
over from Germany at the outbreak
of the war, was built in 1914 at Ham
burg by Blohm & Boss, and has a
gross tonnage of 54,2S2. The vessel
has accommodations for 9S5 first
class, 1852 second class, S2S third
class and 500 steerage passengers.
Announcing its decision to sell the
giant liner the board stated that the
injunction obtained by William Ran
dolph Hearst prohibiting the sale of
the former German passenger ships
was nullified by the new merchant
marine act which gives the board
authority to dispose of it's entire
fleet. The ship will be sold ''as it
is and where it is" it was stated
Forty-siX vessels with an aggregate
of 256, 400 deadweight ons were con-
tracted during May according to the
boards report today, making a total
of 2.030 vessels of IL 1887, COS dead
weight constructed for the board.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1920-06-14
GOVERNMENT BUYS
MANY TONS SUGAR
PRODUCT, BOUGHT FROM AR
BETWEEN CANNERS AND
PRESEREERS
Buenos Aires, June 14.-The Unit
ed States government has bought a..
600 tons of Argentine sugar.

New York, June 14.-Thirty-four
million pounds of sugar will be avail
able for commercial Gamers and pre-
servers during the five months from
June l to October 81, A. w. Riley
special assistant to Attorney General
Palmer, announced here today. AS
surances that the sugar will be pro-
vided were given, Mr. Riley said. by
representatives of the leading refir-
ers.
Representatives of the canning and
preserving industries told him, Mr..
Riley said, that both industries were
in a serious condition due to the
threatened shortage of sugar. The
refiners promised, he added, that the
supply would be available at a rea-
sonable price. They expressed will
ingness to fill the orders of all essen
tial industries, but declared the prin-
cipal obstacle was lack of transporta-
tion facilities.
The 34,000,000 pounds will be di-
vided equally between the Gamers
and preserVers.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1920-06-14
SIOUX FALLS TEAM
DEFEATED YESTERDAY
SCORE STOOD y TO I AT CLOSE
OF LAST INNING-I4ARGE
CROWD SAW CONTEST

Yesterdays state league game be
tween Sioux Falls and Madison was
the last to be played on the local
diamond for about twenty days The
home organization is scheduled 10
play at Redfield on the 18th, 18th
and 18th. After that series they go
to Aberdeen then to Huron and Mill
er.
The largest crowd yet assembled
on the local grounds was present
yesterday to see the locals put a
crimp in the Sioux Falls players, who,
notwithstanding the confidence given
them at home, went down to utter
defeat in a score of to l. Madison
played excellent ball. Four scores
came to them in the very first inning
then they annexed one in the third,
two in the fifth and the last in the
seventh. The visitors crossed the
home plate but once and that in the
last inning.
Brundage pitched yesterday, and
good pitching it was when it is re-
membered that he famed over a
dozen men. Several double plays and
heavy hits by the locals featured the
game. This is once when Sioux Falls
cot thoroughly trimmed.
The standing of the league clubs
is as follows:
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1920-06-14
OMAHA GIRL INTO
THE NAVY ALMOST
DISGUISED AS BOY SHE MADE
ATTEMPT AT SPRINGFIELD,
ILL.-PHYSlCAL EXAMINA.
TION TOO MUCH

Springfield, LII, June 14.-Agnes
Schenk, 16-year-old Omaha girl, al
most became a COB here. Disguised
as boy she succeeded in passing in
spection at the local navy, recruiting
station until ordered to prepare for
physical examination.
A jaunty looking lad sauntered in
to the recruiting station and stated
he wanted to enlist in the navy. Al
first glance Chief Quartermaster Il
j. Sterling took him for an unusual
ly good looking chap; then a closer
look at his face and glance at the
slender hands put a doubt in his
mind
Go into the next room and pre-
pare for physical examination" the
officer commanded.
The boy went, but when the re-
cruiting officer went to give the ex-
animation Agness was sitting in a
corner crying and no nearer ready for
the examination than she had been
when she entered the room.
She confessed she was a girl, 16
years old, and that she had come
from Omaha, cumming" her way on
freight train. Upon being ques-
toned she stated she had money
She left the office with shattered
hopes of becoming jackie. }
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1920-06-14
WILSON WOULD GRANT
REQUEST OF PERSR|NG
SECRETARY BAKER WRITES TO
GENERAL PERSHING CON-
CERNING HIS WISH TO
RETIRE

Washington, ID. c., June 14.-Sec-
retary Baker wrote Gen. Pershing to-
day that should the general adhere
to a recently expressed desire to re-
tire he felt sure that President Will
son would grant the request. The
secretary's letter said:
Il have received your letter of
June Z with regard to the possibility
OF your relinquishing military duty
within the next few months. | am
happy TO note that you are planning
10 aid us in the reorganization con
templated by the recent act of con-
gress. the importance of which, OF
course, is very great. In this work
your knowledge of the qualifications
of officers will be indispensable, and,
as the single list for promotion is a
project which you earnestly recon-
mend to congress. il will help us all
TO have your aid in instituting it.
your military life has been active
and eXacting; your service to the
country entitled you to choose with
the utmost freedom the activities and
interest to which you should devote
your time, and should you adhere to
your present wish TO retire, ! feel
quite sure the president will heed
your wishes and the country viii
know that if any emergency arise al
ter you have retired, your country
call will find you ready to respond.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1920-06-14
SENATOR HARDING
IS THE NOMINEE
X + Z L Ii l. & A n PRESIDENTIAL
STANDARD BEARER IN THE
COMING ELECTION

Chicago, June 14.-Upon the. re-
conyening of the national convention
at 4:5O Saturday afternoon after 2
recess, Warren G. Harding, United
States senator from Ohio, was nomi-
mated for the presidency after a
deadlock which lasted for nine ballots
and finally forced out of the runnin G
all of the original favorites.
AS his running mate, the conven-
tion named Gov. Calvin Coolidge, of
Massachusetts.
The collapse of the forces of Gov.
Frank o. Lowden and their transfer
in large part to Senator Harding put
the Ohio candidate over.
Wood lost heavily, however, when
the Harding drift began and Senator
Johnson, the third of the trio of lead
ers on the early balloting also went
down hill
Entering the convention four days
ago as a candidate distinctly of the
dark horse" class, Senator Harding
got only GA votes on the first ballot
and on the second he dropped to 5G.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1920-06-14
IOWA FARM PRICES
HELD NOT JUSTIFIED
EARNING POWER BELOW CUR.
RENT QUOTATIONS., IN
QUIRY DISCLOSES

Washington, June 14.-That the
land boom which swept Iowa in the
summer of 1919 forced prices of farm
lands in that state up TO levels which
were not justified is stated in a re-
port just completed by the dejart-
ment of agriculture. The report is
based on Investigations conducted by
the department in cooperation wit
the Iowa State college.
The inquiry developed that the
high valuation is not warranted BY
the earning power of the land. 1t
is stated tenants are making greater
profits than owners of farms. Under
present conditions, it is stated the
owner with an average farm capital
lization of nearly 100000 can make
nearly twice as much by operating as
a tenant and investing the remaining
capital in per cent bonds than he
can by owning the farm he operates.
1t is pointed out that current prices
of lands are not justified by the ac-
tual earning power, and this is not
Only a llndHctdl W w
coming an owner, but makes it prac-
tically impossible. The average net
worth of tenants as determined by
this study is only about IL per cent
of the value of the average farm cap
ital. Even if the tenant can borrow
the remainder of the capital neces-
sary to become an owner, he coulC
expect to earn under the favorable
conditions with respect to crops anc
prices prevailing in 1918, less thar
31a per cent on the total capital Dor
rowed. Falling prices for farm prod
ucas or unfavorable crops would
make the prospect even less satisfac
tory.
The investigation covered 60 Iowa
counties. 1t was found that the in
crease in the average value of farm
lands in the counties in which th'
investigation was conducted was
greater for the year of the boom thar
for SO years from 1850 to 1900.