AGRICULTURAL ECONOMICS 



with the North Central division, the relation be- 

 tween farm values and tenancy seems to sustain 

 the general proposition that a higher percentage 

 of tenancy is generally associated with high land 

 values than with low land values. It is also true 

 that the state with the highest average farm values 

 in the North Central division is the one with the 

 highest percentage of tenancy. When the four 

 states which lie in the heart of the corn belt, Illi- 

 nois, Iowa, Indiana, and Ohio, are compared, the 

 same relation holds true ; but other states such as 

 Missouri and North Dakota seem to throw this 

 relation into confusion. And when the new 

 states, Kansas and Nebraska, are compared with 

 an old state like Massachusetts the influence of the 

 more recent supply of government land in the 

 new states seems to be much more than counter- 

 balanced by some other forces. 



By comparing the northern part of Wisconsin 

 with the southern part of that state, the two fac- 

 tors of low land values and recent settlement are 

 brought into comparison with high land values 

 and longer established settlements. While the 

 average percentage of tenancy in the state of Wis- 

 consin seems very low (13.5 per cent.), espe- 

 cially in comparison with that of the state of Illi- 

 nois (39.3 per cent.), it will be found upon analy- 

 sis that this low average for the state is due, in 

 a large degree, to the extremely low percentages 

 of tenancy in the northern counties, where there 

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