Rural Wealth and Welfare: Economic Principles Illustrated and Applied in Farm Life — John Shaqi
Rural Wealth and Welfare: Economic Principles Illustrated and Applied in Farm LifeFairchild, Geo. T. (George Thompson)
Science
Rural Wealth and Welfare: Economic Principles Illustrated and Applied in Farm Life
Fairchild, Geo. T. (George Thompson)
Agriculture -- Economic aspects; Economics
At the top is shown the relative size of farms at the close of each census
period, with the number of acres tilled and untilled. The lower part of
the chart shows the changes in different farm interests, especially in the
amount and character of capital employed and the number of people engaged
in agriculture. Assuming the conditions of 1850 to be par, the increase or
decrease is shown for each kind of live stock, the number of farms, the
total farm population, and the number of farm managers, as well as the
valuation of real estate and of live stock. To illustrate, take No. 4, the
number of cattle, excluding the cows. In 1860 there were 1.5 times as many
as in 1850. In 1870, on account of the consumption and disturbance of the
war, the number was reduced to 1.4 times as many. In 1880 there were more
than 2.3 times as many, and in 1890 there were 3.48 times as many. In a
few instances the estimate for 1897, though not an accurate enumeration,
is added for comparison. A careful study of these various changes will
show that while the total population in 1890 was only 2.7 times the
population of 1850, the total number of people employed in farm
occupations of every kind was 2.88 times as great; although the number of
independent farmers was only 2.28 times as great. The total value of real
estate in farms was over four times as great, and the total value of live
stock exactly corresponded. The number of cows, sheep and hogs had not
kept up with the population; while the number of beef cattle and horses
and mules had increased much more rapidly. The fact that the value of live
stock had increased in much greater proportion than the numbers shows that
there has been great improvement in the individual character of the
animals. That the average wealth of farm proprietors is more than
three-fourths as large again is shown by comparison of the number of
farmers with the value of the farms. That the number of mules, cattle and
hogs actually decreased between 1860 and 1870 indicates the enormous
consumption of the armies in the Civil War.
[Chart.]
Chart I. Showing the rate of increase in farms and farm live stock as
compared with population. See explanation, p. 8.
Chart No. II
_Progress of the United States in Farm Crops since 1850_
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