Ke Alakai o Hawaii, Volume IX, Number 29, 27 ʻOkakopa 1936 — New Deal Brings Record Gross Income In 6 Years To Uncle Sam's Farmers [ARTICLE]

New Deal Brings Record Gross Income In 6 Years To Uncle Sam's Farmers

The rcport issued Saturday by the Department of Agriculture showing gross farm ineome during the calendar year 1935 was $8.500,000,000, the highest in six years, revealed that in view of the slow inerease in production costs, "the return to farmers last year was over three times as large as in 1932."

Although the $8,500,000,000 of last year was more than a hillion short of the $11,941,000,000 gross ineome of 1929, it represented a "real farm ineome" oī two per cent above 1929, "allowing for the difference in the level of prices paid by farmers for eommodities." The gross 1935 ineome was 17 per cent. above the $7,276,000,000 of 1934 and 59 per cent above the $5,337,000,W)0 of 1932. Last year's total included $6,703,000,000 cash ineome from |sale of crops and livestock, $1,i307,000,000 estimated value of ! products raiscd and consumed on lfarms and $498,000,000 cash received from various Federal farm benefit programs. Costs to produce in 1935 were estimated at $3,970,000,000 including taxes. wages of hired labor, rent, interest, depreciation on buildings and equipment and commoditics used in production, leaving net return to farmers of $4,538,000,000 for their labor, eapita! and management and the unpaid labor of their families. This was the liighest return since 1929, and whne the gross ineome in 1935 was 17 per cent higher than in 1934. the increase in tiie net ineome during the one year was 81 per cent. DESERVES THOUGHT "Farmers as well as seacoast people should think long and serionsly before giving their votes to a candidate for President who proposes to stab us aH in the wallet by restoring the old iūgli and inflexible tariff system." — New York New«. (Ind.) "Mr. Landon telb the world that he will take the fcax ofi the surpluses and put it on the small earnings. And nobody ean believe that he is going to get enough bv the economies whieh he vaguely mentions but never specifies."—New Orleans lteiu. (lnd. Dem.) "L»'idott was follov.ing plain truth in 1933 when he announe*d that he was signlng up with Rjosevelt for the duration of the T .ar on depression. His lat<? speeches sliow clearly that he is dodging not only issues but tlie embarrassment created by tlie interests that are supp< rting huu."— T«mpa Tril>ime a»em.) "The average of State ald for schools in the l T nited States is 23 per cent. California's aid runs as high as 60 per cent. Kansas aid under Landon is 1.7 per cent. Perhaps tms is whai Mr. Landon meaus by "freedom of oducational opportunity.* It explains how the Kansas bndget \vas 'halaneed* at the expen<*> of teachers school ehildun.' — aalei»*