OCR Text |
Show Profits of Farm Labor THERE are statistics showing tho factors ente ring Into the cost' of producing crop by which It Is shown that a limit Is sood reached In the profitable expenditure of capital capi-tal and labor on land, cultivated extensively or Intensively, in the production of fnrro products. The productivity of the hind I' the iiredomlnat ing factor which cannot b Increased lndellnlt ly even by the application of fertilizers, as the relation between th cost of plant food and the yield of cropSi even wh-'ie the application of the fertilizers has resulted In an Increased yield Is measured meas-ured by the ra t returns to the farmer. Th net returns, howeve-r, are shown not to increase in-crease proportionately with the Increased expenditures ex-penditures of labor and capital, and from this It In argued tluit capital and labor can- . not overconio the natural llnr'ts of land productivity. |