Social Democracy Explained; Theories And Tactics of Modern Socialism

Cover Social Democracy Explained; Theories And Tactics of Modern Socialism
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Any day may witness some new invention which will revolutionize agriculture and make the small farm practically impossible.
Much has been written about the subject of farm ownership and its relation to this subject of concentration. We know very little indeed about actual farm ownership.
The census figures do not help us very much.
We cannot even tell from them how many farms are mortgaged. We are warned by the Census Bureau that "inquiries with ref- erence to mortgage indebtedness at the censu
...s of 19 lo, as at the two preceding censuses, related only to those farms which were operated by their owners. . . . No at- tempt was made to ascertain the total num- ber of farms in the United States which were mortgaged, or the total amount of 22s SOCIAL DEMOCRACY EXPLAINED mortgage debt. Tenants or hired managers often do not know whether the land they cultivate is mortgaged or not; and often if they know it to be mortgaged they are not likely to have accurate information as to the amount of mortgage debt/** Of course, a mortgage may, as is pointed out by the census authorities, be a sign of prosperity rather than of an opposite condi- tion.

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