OCR Text |
Show Industry Prospers When Farmer Has Cash to Spend Farm buying power and industrial prosperity go hand in hand, as shown by a comparison of changes in farm income with changes in farm machinery, fertilizer, mail order, ord-er, and other rural retail sales, according ac-cording to figures compiled by the Bureau of Agricultural Economics, United States Department of Agriculture Agri-culture and issued through the Utah State Agricultural college extension service. From 1929 to 1932 when farm cash income decreased by 6 billion dollars, dol-lars, rural retail sales dropped 5 billion bil-lion dollars, rarm machinery sales were 400 million dollars less, rertili-zer rertili-zer sales were 3'2 million tons less, and mail order sales dropped by nearly 300 million dollars. From 1932 to 1936 farm cash income in-come did not quite double, yet rural retail sales gained 60 percent, nearly four times as much farm machinery was bought, fertilizer sales were more than 50 percent greater, while mail order sales set a new top record rec-ord for all time in nearly doubling from the low point of 1932. |