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Show FARM LAND BOOM IS DANGEROUS Agricultural economists are worried over the incipient boom in farm land values, estimating that there has been a 25 percent increase in the iast two years. While the rise has not been fantastic those who remember the disaster that followed the boom in land prices, after the last war, have no inclination to go through the same experience again. Senator Gillette of Iowa has proposed a tax on the re-sale of farm land amounting to 90 per cent in two years, diminishing on subsequent sales in later years. No one seems to be interested however, but it might be a good idea for farmers to get behind the proposal. |