OCR Text |
Show DIVERSIFICATION" It is written on the blackboard of experience in letters that cannot be erased, that the producer in any one line, on any farm anywhere who re- striota his operations to that line, Is sooner or later going to have the price prop knocked from under him, saying nothing of the crop production produc-tion hazard. There is safety only in the alternative of diversification, if there are no other substantial sources sour-ces of levenue besides the farm itself. it-self. Specialization is easiest, but it docs not make for lower production costs. The specialization farm is one of high costs. A sustained high price level is essential to its continuously profitable operation. There is no exception ex-ception to the rule; and there is no uniformly high price-level. The farmer who diversifies rarely needs legislative assistance. Moreover More-over he does not have time to seek to obtain it. lie is too busy harvesting harvest-ing or marketing something, and the average of his price keeps his balance bala-nce on the right side of the ledger. A diversity of output insures a reasonable-measure of safety. JL |