644 READINGS IN RURAL ECONOMICS 



probability would be less than that indicated by the data given in 

 the foregoing tables. 



The only available data on this point, and which lead us to 

 the same conclusion, are the paper by Professor W. J. Spillman 

 on "The Farmer's Income," issued in Circular' 132 of the 

 Bureau of Plant Industry, of the United States Department of 

 Agriculture. 



These same farm-management studies clearly demonstrate a 

 wide difference in the efficiency of farm organization. Certain 

 principles, such as the organization of the farm enterprises to 

 secure the maximum use of labor and uniform good quality of 

 business, are of the utmost importance. Untold possibilities are 

 within the reach of the ordinary farmer through more efficient 

 organization of his entire farm business without any increase 

 in capital or labor. It is in this direction that the farmer can 

 increase his profits, without raising the price of products sold. 



