68 BULLETIN 1295, U. S. DEPT. OF AGRICULTURE 
holdings between two and three years is a fair sample of all settlers 
at this stage; and the same for the other three groups of settlers. 
It is to be noted that the average net gains per year are all below 
the average for all the settlers from whom schedules were obtained. 
As a matter of fact, the larger net gains were mostly made by the half 
(nearly) of the settlers who had been on their holdings less than. 
two years, but who in that short time had realized nearly all of the 
increase in the general level of wild land values that took place 
during the period. Hence, the longer the period since settlement, 
the lower the average annual net gain. 
TABLE 28.—Progress made by 162 settlers in Wisconsin and Minnesota classified 
according to the time since settlement 
a a 18 25 
settlers, | settlers, | settlers, | settlers. 
Measures of progress 2to3 | 4to5 | 7to8 | 9to10 
years years years years 
Atcresi cleared ies 2 x uh pt sAb Reema ae wie le Sal ae) ae Ie ere i 5.0 8.9 14.2 19, 2 
INCTESSDTUISH COM tee ais oh RD ee ie esc oleae 7.0 LS 18.4 20.8 
PACTESH TK CTODS Mies se 2 ba eee Sen a Seepage ake Sain 8.5 16. 0 20. 4 22.0 
ING TIN CLO FOL SCS eo ate ie wee a Se es ee ee ee eee 152 a7 2.0 28 
INR per Ofna K COWS: os eee Men ea ed, 2.4 4,2 5.8 
INMIb ero hOtheriCOWGs. 25 3c 2 ae Seek Soe ele aang gna 0.8 1.4 a3 2:5 
Receipts: : 
IBSFOMECTO PS 22 at eS ie Ce Me 8 SO iL ee a $60 $87 $122 $142 
ETLONTALVESEOCK PLOGU CUS sare oe eee me eR 90 118 245 360 
Miromeliviestockisalesecces 2s Sai ei cy a a Ban 25 45 il 99 
LayRoyoa Eas OLyP FOUNOG LOKG epee es Se Se 100 52 31 14 
Hromuabornotiilanmies 22 25 e2 2 meets ets Ge eee eats 340 313 190 140 
‘TObalNe Celts: 2h ee See Sere ge RO eget a 615 615 665 755 
\ SECURE V9 05 0 Fo Wo 075} epee we neg es SO ot NA EY aie 550 880 1, 240 1,315 
Walte:smachinény .tshie c= 2 See aise Sse eee ee eee 120 230 400 465 
AVANT STOLL W ESE Res a ee ae eae eee 500 670 930 1, 020 
ial evof lam Gites 20 ere sR Eee Cee cc ee eR 2, 220 2, 420 2, 800 3, 250 
BASS OES Saag 2 a 252 cl hapa Snes 2 peak Ae eae 2 ge eee 3, 390 4, 200 5, 370 6, 050 
Wan did ebtiacn = ea RE ae er ee de ina ee cea ER 1, 200 1, 340 1, 200 1, 145 
(QNE Ys) C0 U5) 0 eae re ech ge el ali = cus \ TA ca wi, Mi Sten 1 a og 180 120 370 250 
PESO L ANGE eo ot een ge eh eee a ee 1, 380 1, 460 1, 570 1, 395 
INGE Or EPR OW ele eS ee ee ce hn ak Ae eh iar 2, 010 2, 740 3, 800 4, 655 
NIDA ION WO Of) USA Ae oc eee Se 990 1, 160 1, 188 1, 450 
ING Gf eer Ss ae a ee ad a ene a re ce eee 1, 020 1, 580 2, 612 3, 205 
INetigdineper year. t ee Sens ee ated) ee Pees Oe 425 380 340 345 
1 After making correction for new capital invested and capital withdrawn. 
Evidently the rate of progress on the different projects can not be 
compared directly. In the first place, the average time since settle- 
ment varies from 0.33 of a year on Project XI to 9.45 years on Proj- 
ect IV. Second, the settlers on the different projects vary greatly 
as to beginning net worth, percentage of foreign born, farm experi- 
ence, previous occupation, and the like. Effort has been made to 
adjust for the difference in time since settlement by comparing each 
individual settler’s progress with the average of all settlers on their 
holdings the same number of years. In Table 29, the 15 projects are 
thrown into two groups, according to whether the land company 
furnished aid in one form or another, and compared as to rate of 
clearing and net gain. However, only five of the seven classified as 
