Salt Lake Telegram | 1944-11-13 | Page 6 | Future Looks Rosy for the Farmer

Future Looks Rosy for the Farmer T THE HE farmers of the country are going to come out of this war warin warin warin in the best financial situation in their history and with a potential postwar purchasing power which promises to keep the wheels of peacetime industry turning at high high- for some time The department of agriculture lists a few figures which c clearly early tell the story The farmers' farmers gross worth is estimated at atan atan atan an all all- time all ime high of 85 billion dollars Their total debt is only nine billions a record near-record low They have 18 billion dollars in J bonds and in the bank plus another six to 10 io billions in liquid assets Added all together this means postwar financial stability for the farmer and a huge pent up purchasing power which will willbe willbe willbe be used as soon as products are available t to td pay for farm and home improvements and equipment of all kinds These purchases in turn will ma make e farms more efficient and prosperous and farm life more comfortable and enjoyable The immediate postwar period for rural America thus looks rosy rosy rosy- and if it turns out in fact to be rosy then it can be depended upon to reflect its favorable color on the entire American economic eco eco- economic situation If you think our days are growing shorter think of the Germans and the Japs I