wrT'^ ■ 



unless there is a drouth. Ceiling prices with little to sell could 

 adversely affect farm income. Farmers will be encouraged to pay off 

 debts and buy government bonds. Speculation in farm land will be 

 discouraged but land values may rise further on the basis of relatively 

 favorable current returns and purchases of real estate may be made as 

 a hedge against inflation. Purchases of either farm land or city 

 property should be made only with a minimum of 6o to 75 per cent cash 

 in hand and the balance to be t)aid in installments that call for annual 

 reductions in the debt. Some provision for prepayments that may be 

 used later to offset payments then coming due would help to safeguard 

 the investment. Farm families that accumulate property from generation 

 to generation frequently follow the policy of paying off debts and 

 accumulating cash (or government bonds) during periods such as these 

 and pick up bargains from overextended neighbors during depression 

 periods. 



«C- 



