IO Russell R. Spafford 
labor, and profits per acre in the two regions would be practically 
equal. But when it becomes necessary to harvest, either directly 
or indirectly, four quarter sections in order to gather an economic 
unit of plant food, it is not surprising to find that capital, labor 
and profits per acre are cut down to about one fourth. 
The adjustment of farm business to conditions of climate and 
soil is so complete in Nebraska to-day that it is not far wrong 
to state that the price of land in area X is to the price of land in 
area Y as the profitable size of farm in area Y is to the profitable 
size of farm in area X. ‘This proportion is a fair index even 
where the ratio of land prices is as extreme as $6.00 to $125.00° 
per acre. Judging from farm surveys there is good reason to be- 
lieve that at present an average profitable farm business in western 
Nebraska can be conducted on about 85 per cent of the cap- 
ital necessary in eastern Nebraska. This is in a large measure 
due to the fact that where plant growth is sparse and farms of 
necessity become large, business, educational, and social advan- 
tages fall to the point where people hesitate to settle unless finan- 
cial returns are proportionately increased. 
ge : 
AY SERRE 
ALVWI19 JO 3NIVA JAILI39S439 
awake 
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ANIKI \\ = 
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DUNDY COUNTY TYPE OF FARM si RED WIL!-awW Co. FRANKLIN JEFFERSON RICHARDSON 
Fic. 11. Effective value of climate measured in terms of plant food having 
economic value. 
IO0O 
