Agricultural Economics : a Selection of Materials in Which Economic Principles Are Applied to the Practice of Agriculture

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Labor income . _.
Products used in home . .
Gross labor income Family living ....•.• - Farmer saves in addition to interest 272 Owners $i2,S5S 1,800 858 942 628 314 167 481 413 63 2i8 Part Owners Landlord Operator Landlord Operator $3,940 247 22 225 5-7% 179 Tenants $7,633 1,763 92s 838 382 4S6 172 628 418 $8,378 494 64 '>^°„ S.13% $1,547 1,200 622 578 77 501 144 645 354 29 z Average OF 669 Farms $ii,S3i 1,841 842 999 577 422 163 58s 399 z86 Table X shows the comparative efficiency of the three
... classes of farm operators. The average labor income of a farm owner was 6so AGRICULTURAL ECONOMICS $314, that of the part owner $456, approximately 50 per cent larger, and that of the tenant $501, nearly 70 per cent larger than that of the landowner. The average labor mcome for the region is $422.
Another interesting point in this connection is the fact that the man renting land to a landowner received 5 . 7 per cent on his investment while a man renting land to one who owns no land received only S .


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