Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1921-07-20
FARM PROFITS ARE COMING BACK

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the preceding swing. A slight tap
when it starts back may send it far
Their than it went on the up stroke.
Business has it's ups and downs as
does the pendulum. in many respects
business expansions >and depressions
are almost as regular as is the ticking
of the clock. When business reaches
the peak of its climb we can always
rest assured that there will be a de-
cline at least nearly as far, The world
war really served as vigorous push
rather than light tap on the business
pendulum of the world and sent 1t up
almost to it's zenith, in fact, many
feared the force of the impact would
cause it to dash from the beaten path
and crash to destruction. But the up
ward swing stopped before the break,
and for the last year and a half we
have been witnessing the backward
ewing.
Many facts indicate that it is now
about time for the business pendulum
of the United States to return in the
direction of business recovery. And
in the revival Of business which is sure
to occur, we anticipate that farming
will be one of the first lines OF bus
mess to be benefited.
There are several reasons why the
farmer now should take an optimistic
view OF his business situation. The
wheat carry-over from this season has
been the smallest in years. The latest
information indicates that the 1921
crop is no larger than the 1920 crop.
Stocks of wheat at terminals and in
country elevators are reported to be
more than so per cent. lower than a
year ago, The visilie supply is the
smallest in eighteen years.
The supply of flour in the hands of
merchants as we'll as consumers is
very low There was 90 Per cent. less
flour manufacture diiri,ig the year
ending June LIST than during tae pre-.
ceding year
OF vital interest to farmers is the
fact that there is q decided shortage in
live stock. If per capita consumption
of meat and meat products were sud
denly to return to normal, the demand
for meat would be far greater than the
supply.
During the first five months Of 1921
there were 7,716 business failures in
the United States as compared with
2,67S for the corresponding year OF
1non 4. A., n,ynor+ cto{isticon ectima Eos
that at present there are about three
million persons ordinarily employed in
industries in the United States out of
1t has been demonstrat-
ed that the family of man who has
consumes three times as
much OF the things people eat, wear
and use, as it does when the head OF
the family is out of employment. Lat
est information indicates that the
number OF unemployed has probably
reached the maximum and that unem-
ployment is now on the decline.
One can readily see that as workers
in textile mills, shoe factories, auto
mobile factories, furniture factories,
etc, are resuming employment, their
requirements will be proportionately
Certainly this means great
err demand and better prices for all
the things which are produced by the
farmers. Lack OF employment cannot
be improved until utilization of pro-
ducts is resumed.
Add to all this the determination of
the farmers of this country to take
hand in the marketing of their own
products, which most assuredly will
result in farmers getting larger prices
or at least getting larger percentage
Of the final selling price of their stuff,
together with the probable reduction
in freight rates, and we have ample
reason for feeling optimistic in regard
to the situation the farmer will find
himself in few months hence.
There are other favorable signs and
we will admit few clouds on the hor-
zon, but taking it all in all the situa-
ton warrants reasonable optimism.
Better times for agriculture are com
ng soon. The farmers who profit |
most during the next few years will
be those who keep eyes and ears wide
open for every bit of information that
will help them to judge what is best
Tor them to do in the conduct Of their
own business.
Buy the things you need to enable
you to produce crops and livestock
If you can cut the cost
If producing a bushel of wheat by 10
cents, that is equivalent to getting 10
cents bushel more for it.
Successful Farming is working over
Tine in an effort to keep its readers
'ully abreast Of the times. The city of
is an important point in
he farmers geography at the present
ime We are watching things there.
md elsewhere, closely and will give
,ou the full benefit of our observations.
e. T. Meredith.
X. C. GAINS 1854 In YEAR
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