1917] BURAL ECONOMICS. 291 



real estate did not do so well as those that reserveil an amount sufficient to 

 adequately equip and operate their farms. 



Farmers whose land was valued at $100 an acre made better labor income 

 than those with either higher or lower valuations. Farmers who sold a large 

 percentage of their marketable crops had a better labor income than those who 

 reserved a considerable portion for feed and seed, and farmers receiving a little 

 less than one-third of their receipts from stock have a much better labor income 

 than those who received either more or less from that source. The most favor- 

 able crop and sto<'k relation seems to be attained on farms that have stock 

 enough to utilize all cheap feeds and waste products but not so much as to 

 re(iuire any considerable proixjrtion of their feed to consist of products that 

 have a high market value. 



Tenants in this region receive a somewhat better labor income tb.an do farm 

 owners. The tenants are running a larger business and utilizing their land to 

 better advantage than are those farmers that own their land. Tenants could 

 improve their condditions by securing more and better live stock and owners 

 could improve theirs by increasing the size of their business and using their land 

 to fuller capacity. 



The Federal Farm Loan Act, C. W. Thompson {Amer. Econ. Rev., 7 (1017), 

 No. 1, Sup., pp. 115-131). — This paper discusses briefly the causes and steps 

 leading up to the enactment of the Federal Farm Loan Act of 1916, the apparent 

 intent of Congress in providing for two distinct farm mortgage bonding systems, 

 the provisions for safeguarding the pi-oper granting of farm mortgage credit, 

 the means adopted for a form of security' that will find ready access to the 

 investment market, and the more important benefits that may be reasonably 

 expected as a result of this system. 



Report on the working' of the cooperative societies in Beng'al for the 

 year 1915-16, J. M. Mitka (Rpt. Work Coop. Socs. Bengal, 1915-16, pp. y-f 

 16+XfX). — This report continues the data previously noted (E. S. R., 36, 

 p. 593 ) , by adding data for a later year. 



Agriculture in Oxfordshire, J. Orr (Oxford, England: The Ch'trendon Press, 

 1916, pp. XII +239, pis. 29, figs. 11).— -The author describes the types of farm- 

 ing carried on in the different regions in Oxfordshire, and discusses the admin- 

 istration of the land, the management of farm labor, soils, crops, and live 

 stock. The book contains a chapter on soils by C. G. T. Morison. 



Crop condition and harvest fi.eld needs (Xebr. Dept. Labor Bui. 33 (1016), 

 pp. 28, fig. 1). — This report contains data for the various counties in Nebraska, 

 showing the acreage, average yield, total production of important crops, and 

 demand for extra labor and wages during the previous year. 



[Agricultural statistics of British Guiana], J. B. Harrison (Rpt. Dept. 

 Set. and Agr. Brit. Guiana, 1915, Apr.-Dec., pp. 22-24)- — This report continues 

 the data previously noted (E. S. R., 35, p. 795), adding stati-stics for a later year. 



Return of prices of crops, live stock, and other Irish agricultural prod- 

 ucts (Dept. Agr. and Tech. Instr. Ireland, Agr. Statis. 1915, pp. 38, pis. 16, figs. 

 1). — This report adds to that previously noted (E. S. R., 38, p. 894) data for 

 1915. 



Agricultural statistics of Finland for 1910 (Finland Off. Statis., Ill, Xo. 

 9, pt. 1 (1916), pp. YI-\-321). — This report contains data showing by minor 

 subdivisions the area cultivated and not cultivated, the area devoted to different 

 agricultural purposes and to individual crops and pastures, the number of 

 farms by sizes and tenure, and the distribution of land among different agri- 

 cultural uses on farms by sizes, together with data relating to agricultural 

 machinery. 



