QUESTIONS ON THE TEXT 73 



The buying and selling of land is more important than the buy- 

 ing and selling of the products of the land. It is high time that 

 earnest citizens gave it serious thought. 



Real Estate Exchanges. In the grain trade, as in the stock 

 and bond market, the responsible traders have found it wise, as a 

 protection to themselves and a protection to the public, to organize 

 and adopt strict trading rules. These associations or "Exchanges" 

 operate under rules and commission charges open and public and 

 known to all parties interested. In the real estate market there 

 is now apparent a beginning, here and there, of a Real Estate 

 Exchange, operating under definite and ethical rules, as a pro- 

 tection to the honest real estate dealer and to the public. The 

 honest dealers realize the scriptural truth that their enemies 

 are they of their own household, and so, by organizing exchanges 

 with severe membership requirements, are taking steps to weed 

 out the unscrupulous traders. 



QUESTIONS ON THE TEXT 



1. Illustrate the different interpretations of the increase of farm tenancy, 



citing for this purpose the speakers before the meeting of the New York 

 State Agricultural Society. 



2. Compare the views of Stelzle and Simons on the changes in the size of 



farms. 



3. What does Simons mean by "capitalism" in agriculture? 



4. What has been our theory of a sound agriculture so far as land-ownership 



is concerned? 



5. Compare Canada and the United States as to changes in farm tenancy. 



6. Is tenancy likely to increase or decrease with us? Quote Spillman in 1912. 



7. On the social and economic significance of farm tenancy, cite the findings 



of the Ohio "Survey"; of the United States Industrial Relations Com- 

 mission; the Cape Girardeau, Missouri, affair. 



8. Name, define, and illustrate the different forms of rent contracts. 



9. Show the economic and social significance of short time tenures (particularly 



in Maryland, Tennessee, Iowa, Texas, Mississippi, Missouri, Wisconsin). 



10. Illustrate successful farm tenancy in eastern Maryland, as described by 



the Federal government. 



11. What changes are taking place in the size of farms? Cite the case of 



John McNeil, and state its significance. 



12. Give examples of corporation farming. What is its success? State the 



views of Theodore Price on corporation farming. 



13. What changes are talcing place as to the number of mortgages on farms? 



14. Contrast the agricultural mortgages with the mortgages in other industries 



as to the usual term of years each runs; as to rate of interest. 



15. Explain the padded mortgage. 



16. What is meant by free trade in land? In this respect compare the United 



States and England. 



17. Show how the real estate market is usually conducted in the United States. 



18. Explain and justify the Torrens System. 



19. Show how some defects in our land trading may he remedied. 



20. Cite the Vermont case of merchandising. 



