FARM OWNERSHIP AXD TENANCY IN TEXAS. 



39 



between the tenure and the education of the operator, croppers 

 as a class having less education than share tenants had, and share 

 tenants having less as a class than had owners. However, it should 

 not be inferred from the data presented in the table that the relation 

 is all due to the effects of education on tenure. 



Table 21. — Relation letween tenure and the education of the operator. 





Extent of educational attainment. 



Tenure group. 



Below fourth 

 grade. 



Fourth to ninth 

 grade, inclusive. 



Above ninth 

 grade. 





Number. 

 21 

 37 



17 



Per cent. 

 32.3 

 19.1 

 15.6 



Number. ! Per cent. 

 40 i 61. 5 

 134 ! 69. 1 



80 1 73. 4 



Number. 



4 



23 



12 



Per cent. 

 06.2 





11.8 





11.0 







FINANCIAL HISTORY OF OPERATORS. 



NET WORTH OF OPERATORS AND ITS SOURCES. 



The wealth of the operator and the rate at which he accumulates 

 it are better indications than tenure status of the operator s progress 

 in agriculture. However, it is a well-known fact that financial and 

 tenure progress generally develop together. This fact is brought 

 out by Table 22, which gives the present net worth of the operator 

 and the sources of his wealth. Owner operators, it will be noted, 

 whose average present net worth was $32,901, had almost 38 times as 

 much wealth as croppers who owned on an average $868. 



Of the total net worth of all operators, 53.5 per cent came from 

 net accumulations from earnings, 39.6 per cent from increases in 

 land values, and 6.9 per cent from fortuitous sources. 38 



Owners accumulated from their earnings an aggregate of 1.7 times 

 as much as owners additional accumulated, 5 times as much as have 

 tenants, and 21.2 times as much as have croppers. These differences 

 in rate of accumulation from earnings by the different tenure groups 

 are more significant when considered in connection with the average 

 number of years the operators of the different tenure classes have 

 been working for themselves. On this basis owners had an average 

 annual accumulation from their earnings 1.3 times that of owners 

 addil ional, 3.4 I imes that of tenants, and L5.3 times that of croppers. 



It is obviously impossible to ascertain how much of the wealth 

 received from increases in land values is attributable l<» the owner's 

 superior judgment in securing and holding possession of the hind 

 and how much of it should be credited to things wholly outside the 



•" i <t :i tatemenl <.i trtaai It Included in tbe concepts <>r net accumulation hum <</<>/ 

 in</n, Increase) in land values, and fortuitous wealth, lee footnotci under Table 22. 



