Show I I Speculation in Land THERE aro are man many young men who would woul I t J. J like to go Into farming on on their own I account but the they are deterred by the high I cost of or land Real stat offered low v usually usually usual usual- ly Iy defect i Commonly It lacks access access ac ac- ac- ac cess by good roads or It may n need ed much I hard work and expense to prepare the soil t A recent government report speaks of or the tho large amount of or potentially good land C lying idle In man many states It says that much I of ot It ft Is being held speculatively for tor higher y values lues It Is certainly unfortunate that with I food tood scarce and high would would-be land owners owner cannot not get well-located well farms with good soil soU at moderato moderate prices I Tho rho old phrase about being land poor i I applies to man many people A persuasive agent j I induces es them to buy at a a. good price a tract which he promises will advance In value I It Is often otten In some distant city or 01 state which tho the buyer never visited He pa pays s 's I taxes axes year after alter year often otten other charges t 0 J A A. decade later he ho lads finds tho the land Is worth I I no moro more than he paid for tor It Ho 1 is out j his his expenses and the Interest the money would h have havo vo drawn in j a a. bank Meanwhile I by placing a fancied value on It It he ho has discouraged people who would have havo paid a trail fair price and made It productive as ns a alarm farm I jor Or for tor dwellings High prices for tor land tend I Jo to 10 make rentals high to discourage I build building InS InS' and farm ann Investment I Conservative business s men deplore land i speculation It docs does enrich a small email class of ot shrewd men who see possibilities earl early But I others fInd their money lle lies Idle An Any land landowner landowner landowner owner has laB a right to hold his property for tofI I any ln figure he may set But Dut holding it for tor foran an nit a aJ price works asal against st general generalI I rf ir Every Every time Ume a man s sells land t a value fahr ilU to somo sorno ono orio o W who u 6 S it t for agriculture or for tor h house 0 con construction he ho helps on the productive forces of the community How can the noble Carranza troops be expected to start out in tho the pursuit of or Villa when the tho supply of playing cards and cigar cigar- Cigar I I l Ig t q Crt so I lne low nil S o |