128 



Indiana University Studies 



TABLE 44 





Value of Faem Property. 



Capital Invested in Manufacturing 







Gain. 







Gain. 





Value. 



Amount. 



Per 

 Cent. 





Value. 



Amount. 



Per 

 Cent. 



1910. 



$1,809,135,238 







1909 



$508,717,000 











$830,518,767 



84.9 







$289,396,000 



131.9 



1900. 



$987,616,471 







1899 



$219,321,000 







§6. Industry Now as Important as Agriculture 



In summarizing, all of the evidence presented points conclu- 

 sively to the fact that while from every standpoint the agri- 

 cultural pursuits are tremendously important, the manufacturing 

 and industrial pursuits are now equally as important and in many 

 respects more so. 



Industrial pursuits, including mining, in 1910 engaged the time 

 of more workers than did the agricultural pursuits. Since 1880 

 there has been practically no gain in the number of agricultural 

 workers in Indiana, while the number of industrial workers has 

 increased enormously, being 64 per cent from 1900 to 1910, as 

 compared with a per cent less than .01 in agriculture for the same 

 period. Of all the new workers in Indiana from 1900 to 1910, 

 97 of each 100 were in the industries and one in the agricultural 

 pursuits. 



The number of farms has decreased, as has also farm acreage, 

 while the number of manufacturing establishments has increased 

 continually. 



The value of agricultural as well as manufactured products 

 has increased considerably from 1900 to 1910, but the greater 

 increase has been in the manufactured products. Since 1899 the 

 products of agriculture have been worth but 58 per cent of the 

 value of the products of industry. 



The great increase in manufacturing cannot be due to the so- 

 called "natural gas boom," as the greatest growth has occurred 

 between the years 1900-1910. Natural gas may have been re- 

 sponsible for the beginning of the great industrial development, 

 but it is thought that the resources of the State, the railroad facil- 

 ities, and the proximity of centers of population are the real and 



