The star-progress., 1920-06-19

arly TO this country. That is the
share hand, the tenant, cropper the
farmer who works land for the land
owner on share-baSis. This nun is
lucky and don't know it Who works
on a share misunderstanding of mani
Testing the right spirit and trying to
produce as much as possible, he has
grown sullen, neglectful, lazy, and
thereby does not do his share in try
ing to produce as much as possible, to
do his share in reducing the high cost
of living He thinks the land owner
is getting the best of him and does
just enough to get by, when as mat
ter of fact his profit is only limited
to the amount which he produces.
Take as an example, a share hand
takes from a landowner 100 acres Of
land to work on a $3.50 basis. There
is a house on the land valued at $500,
well, and implements, and the ten
ent has access to the woodland of the
land owner, he can use as much land
as he wishes to garden, can raise chick
ems, hogs, and all he furnishes is his
labor.
At the present price of land, the land
owner has 800 per acre invested in
hte land, the tenants houe and well
cost, say $500, the tax rate on the
land is nearly $1OO per acre, so let's
figure out how much the share hand
has to produce per acre, net, to cover
per cent on the invested capital of
the landowner who is furnishing the
land for the labor, before the land
owner begins to make 1c of profit.
Say it is costing the land owner SO
per acre to carry his, investment,
therefore, the laborer has to produce
$40 per acre net profit, before tn land
owner breaks even whereas he gets
500 clar for his labor, in other words
before the landowner makes more than
the overhead carrying charge on the
tenant. he has to produce $40 per acre
net profit. Most share hands do not
take this into consideration-they
should realize that they are a partner
in the business, that they are being
furnished with the means of making
money, and it's up to them to fix the
amount that they will make, the more
they produce, the more they will
make.
All of these things enter into the
causes under discussion, and there is
only one cure. There will be no re
lief or change until everybody gets it
into their heads that they must stop
spending and produce more The
government has taken a hand in the
matter through the Federal Reserve
Banks by limiting loans to interior
banks to loans only for necessary and
productive enterprises. No more loans
are to be made for luxuries or specu-
lation, and this will have a great ten
dency to bring about a start in the
return to normal conditions.
All of the things are said without re-
ference to any individual, and with
hope that the suggestions made and
brought out will be of some benefit
to our people and our country.
The writer has reached the conclu-
sions mentioned by reading articles by
the leading economists and cirular's
from the Federal Reserve Banks, and
feels that if only one individual takes
into serious though the arguments
made and pulls in" and tighten's up,
that he shall have done some good
In conclusion, the cure for the high
cost Of ing has been shown to be in |
te dispensing of unnecessary spending
for things which could be done with |
out, without special reference to any
one thing and if every one of US was
to do this all over the country the eff |
feet would soon be manifested in the |
lowering of prices of all commodities |
Present conditions cannot continue
much longer, the peak has been rach-
ed. and there are times ahaed and |
problems to be solved that will tax |
the resourcefulness Of the greatest
economists; financial conditions, in
dustrial conditions political changes,
and last bnt most important Of ALL !
crop successes and production will |
have a great influence in the read /
justment of conditions, and while .
there may be sudden depression 7
caused by most any one of the above .
mentioned causes, it is hopd that the I
return to normal conditions will be
gradual that no hardship will be caus-
ed to any part of the country.
The best thing. to do in the opinion
of the writer of this article is to "Sit
Tight" don't rock the boat, make and
produce as much as possible, Cash
in" at the high prices, and salt" your /
dollars in some good strong bank,
where you will get 500 per thousand
every six months, or if you are bound
to speculate, buy United States Liber-
ty bonds around S5, this is the best T
speculation from the standpoint Of
safety and return on the investment,
o,,5 ~ 1,-iII- 7n+ he. MANY wears hafOra