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Show Farm Losses Caused Collapse If any reader of The Pyramid Pyra-mid wants to know the main cause of the national dehaole it should be plain when one considers that the cash income in-come of American fanners, more than ten billion dollars a year between 1924 and 1929, averaged only six billion bil-lion dollars a year for the past five years. In fact, the cash income of our farmers went down to $4,328,000,000 in 1932. No wonder small cities and towns, dependent upon agricultural populations for their business, dried up and merchants were bankrupted. Nor is there any reason to expect their rehabilitation and . the resurgence of their local trade unless farmers in their areas have profits to spend. |