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The clipping this text was read from
The clipping this text was read from

ing liabilities and in the trans fer of the farm from father to son. The Department has provided information to farmers on incorporation of their family operations for many years. Some recent findings on corporate agriculture that will be probed more deeply in the new study are these, the Secretary indicated: * “Internal Revenue Service data show that the number of farm corporations increases from 6,600 in 1953 to 17,500 in 1964. Their agricultural business receipts rose from $1.6 billion to $4.3 billion over the same period.

“But these figures apply only to corporations that report agriculture as their ‘principal' activity. They don’t include large, diversified corporations such as those now reported to be moving heavily into farming. We want to learn more about the composition of

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