TABLE OF CONTENTS XV 



PAGE 



71. Vocational Training in the Rural High School. R. W. 

 Stimson 249 



72. Farmers' Co-operative Demonstration Work. S. A. Knapp 252 



73. The Negro as a Farmer. C. E. Allen 255 



74. Rural Ill-Health as a Cause of Inefficiency. Allen J. Smith . 257 



D. INCENTIVE AND DISCOURAGEMENT 



75. Good and Bad Management of Farm Laborers. Wisconsin 

 Country Life Conference 258 



76. Tenancy as a Cause of Inefficient Labor. C. E. Allen . . 260 

 ' 31- The Stimulus of Farm Ownership 260 



/ 78. Increasing Efficiency through Joint Action. . California 



Commission of Immigration 261 



79. An Association for Better Farming. George W. Bush . . 262 



V. CAPITAL-GOODS AS A FACTOR IN AGRICULTURAL 



PRODUCTION 

 INTRODUCTION .- 265 



A. THE SIGNIFICANCE OF CAPITALISTIC METHODS 



80. The Economic Concept of Capital. Charles Gide .... 269 



81. Machinery as a Means of Increasing the Effectiveness of 

 Labor. Commissioner of Labor 271 



82. The Relation of Farm Capital to Labor Income. E. H. 

 Thompson and H. M. Dixon 274 



B. THE INCREASE OF CAPITAL EMPLOYED IN AMERICAN AGRICULTURE 



83. Concerning the Increased Use of Power Machinery on the 

 Farm. Twelfth Census 276 



84. Farm Buildings, Farm Machinery, and Live Stock 1900 to 

 1910. Thirteenth Census 279 



85. A Concrete Case. Farmer's Bulletin ....... 283 



C. GIVING CAPITAL OUTLAYS THEIR GREATEST EFFECTIVENESS 



/ 86. The Efficiency of Capital-Goods as Related to Size of Farm. 



G. F. Warren 284 



87. The Proper Apportionment of Capital Outlays. L. W. Ellis 287 



88. Overinvestment in Buildings and Machinery. G. F. Warren 291 



89. The Importance of Working Capital 292 



90. Varying Productivity of Individual Units in the Same Class 



of Capital-Goods. E. Davenport 294 



91. Protecting the Farmer against Inferior Capital-Goods. 

 Public Acts of Michigan 296 



92. The Cost of an Irrational Purchasing Standard. /. F. 

 Steward . 299 



