Maybe we have overdone it with the above illustration, but experts say that mechanization will make the farmer's job much easier in the future. reduced almost as much as dur ing the previous 120 years." The Purdue economists predict that ‘‘wage rates will rise more than equipment prices and con tinue to make it profitable to sub stitute more and more machinery for labor both on the farm and in the factory." ■ Present types of equipment will be improved and new equip ment to perform tasks now per formed by human labor will be de veloped and put into profitable use by farmers." “As a result of labor prices ris ing faster than farm machinery prices." the study reports, "it takes less days of hired labor to buy almost any item of farm ma chinery than it did in 1940."
64.2%Friday, April 19, 1957 — The Farmville herald and farmer-leader · Page 10
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“Maybe we have overdone it with the above illustration,.” Farmville Herald, April 1957.
“Maybe we have overdone it with the above illustration,.” Farmville Herald, Apr 1957.
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