Economics Volume II: Modern Economic ProblemsFetter, Frank A. (Frank Albert)
General
Economics Volume II: Modern Economic Problems
Fetter, Frank A. (Frank Albert)
Economics
§ 4. #Period of decaying agricultural prosperity#. Despite the facts
just stated, every campaign orator admits that there is no other
occupational class of the nation of greater importance to the nation
than the farmers, or more deserving of prosperity. Every other part
of the industrial organization of a nation is interrelated with
its agriculture. Great changes, in respect to growth of population,
immigration, exhaustion of natural resources, mechanical inventions,
scientific discovery, and many things more, have been occurring,
which have altered and, in some communities, have destroyed the very
foundations of agricultural enterprise in America since the close
of the Civil War in 1865. But the farmers have been left to struggle
individually with their individual difficulties, tho the outcome was
of the gravest portent to the whole social economy. Such was the case
in the period of agricultural depression from 1873 to about 1896.[3]
Multitudes of ancestral homesteads were then left behind by the last
farmer-descendant of the old line. No longer able to make a living on
the soil, he took up an urban occupation.
§ 5. #Sociological effects of agricultural decay#. Such changes caused
a relative decline in the birthrate of the old American stock. The places
of many of these long-settled families remained unfilled as thousands of
abandoned farm houses testified. The places of others were taken by a
tenantry, white or black, lacking the thrift of ownership; the lands of
others passed to new owners of alien races. The populations of many rural
neighborhoods thus became heterogeneous, with results calamitous to the
social life. Once prosperous schools declined, once thronging country
churches were deserted, and much of the old neighborhood democracy
disappeared. When, about the year 1900, prosperity began slowly to return
to the American countrysides in the form of rising prices of farm produce,
it was in large part too late to remedy the evil, except as it may be
done by generations of effort under more favoring conditions. There
are merely suggested here some of the complex sociological effects of
past economic changes in American agriculture. It is certain that in
the future also the economic changes in this field will be related
closely to social and political changes of a fundamental character.
§ 6. #Fewer, relatively, occupied in agriculture; use of machinery.#
Probably ever since the first census in 1790, the relative number of
agriculturists in this country has been decreasing. Beginning in
1880, the numbers of those occupied in agriculture for gain have
been reported at the census dates in a form that makes them fairly
comparable.[4]
Public-domain text, read in full here on John Shaqi.
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