CONTENTS IX 



PAGE 



Cycles of Over and Under Production and Ways of Fore- 

 telling Them 83 



Special Demands of Certain Markets 90 



Supplying the Local Market . . . . . . .91 



Growing Products for Home Use 92 



RELATION OF TYPE OF FARMING TO COMPETING TYPES . . 92 



RELATION OF LAND VALUES TO TYPE OF FARMING ... 93 

 RELATION OF CAPITAL TO TYPE OF FARMING : 



Adjustment of Type of Farming to Capital .... 94 



Relation of Type of Farming to Profits with Varying Capital 95 



Period of Investment 95 



RELATION OF LABOR TO TYPE OF FARMING .... 96 

 EFFECTS OF WEEDS, INSECTS, AND DISEASES ON TYPE OF 



FARMING 97 



RELATION OF THE TYPE OF FARMING TO THAT OF THE NEIGH- 

 BORS : 



The Value of Community Experience 98 



Community Labor Supply ....... 98 



Advertising Value of the Neighborhood .... 99 



Difficulty of ("hanging the Type ...... 100 



DIFFICULTY OF DETERMINING THE BEST TYPE .... 101 



THE PERSONAL FACTOR ........ 102 



CHAPTER 3 



DIVERSIFIED AND SPECIALIZED FARMING 



DEFINITIONS .......... 104 



NUMBER OF SPECIALIZED FARMS ...... 105 



COMPARATIVE MERITS OF SPECIALIZED AND DIVERSIFIED FARM- 

 ING : 



Merits of Each Type 107 



Diversified Farming and Crop Rotation .... 107 



Diversified Farming Lessens Risk of Total Failure . . 108 



Diversified Farming may Distribute Income . . . 108 



Diversified Farming may Distribute Labor .... 108 



Cases in which Specialized Farming may Pay . . . 109 



SEASONAL DISTRIBUTION OF LABOR: 



Providing a Full Year's Work 109 



Distribution of Labor on Alfalfa . . . . . .110 



Distribution of Labor on Corn and Cotton .... 112 



Distribution of Labor on Oats . . . . . .114 



Distribution of Labor on Wheat ..... 117 



