Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1925-06-04
MILLIONS MORE FOR THE FARMER

The recent announcement by the Secretary Of Agri-
culture that the outlook the best in five years.
while of particular interest to the American farmer
likewise of deep to business througout the
country for the farmers buying strength far to de-
termne whether times will be prosperous the reverse.
The statement that the American farmer will have $10,
O0OOOOOOO to spend at the end of the year next
June-a billion more than in 1922-Wl mean the main
tenance of the farmers purchasing power and connu
of agricultural support for general prosperity
sumng of course that great change the general
price level of farm products takes place
The fact that farm products and livestock production
in the United States last year had total value Of more
than $12OO0 OOO-more than half OF the entire ma
tonal debts reason for nationwide rejoicing. The
values amounted to more than $1,000 for every person.
male female above ten years of age employed in agr
culture its allied occupations These figures suggest
the magnitude and Importance of farming in this country
And while the figures cited for 1924 show tremendous
decline those of 1920 when crops and livestock val
ues than $21 00O,0 900 must remember
that in 1920 values were enormously inflated It is not at
all certain that proportion to the prices of the things
he must buy the farmers values were any hgher than
1924.
Just now there is slump in the price of wheat But
practically all OF last years CROP except that reserV
ed for seed had been sold before the slump came, the
speculaor in grains, the miller, and the mddeman not
the farmer likely to be in ured by this decline
in prices In fact, this slump may be blessing in dis
guise to the farmer Had wheat remained around 81
bushe he would have been tempted to increase his last
years acreage of spring wheat Them with production
larger than the worlds requirements probably would
have had dollar wheat again That u.s. since the farmer
is financially able to hold back his crop from the
market, and must sell it virtually it is harvest
ed the middeen the mers and the spectators would
have bought this wheat for perhaps dollar bushel
and held it for an increase in price.
The great feature about the present situation,
cordng to the Department of Agriculture is that the
country has finally worked out from under its parayzng
SURPRISES. The decks fairly well cleared for
deal The world reserve of wheat con cotton and wool
needs to be replenished Farm production the whole
is better balance than at any time since the war; both
the domestic and foreign demands for farm products
good promise remain for at least another year.
Hogs CATTLE dairy products wheat and poultry in
the belt promise to bring than last
General prosperity cannot be built discourag
ed farming population Unless the farmer can keep his
debts paid his farm buildings in repair his family
tented unless he can educate his children and be
of fair return on both capital and energy invested the
whole country suffers The farmer is interested in the
same governmental policies the rest of useconomy
in expenditures reduction in taxes; and fair share of
the profits of our common toll That he getting them
is now evident The farmer has turned the corner he
will have billion dollars to spend this year than in
1922-Dearborn Independent.