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Let's Face Facts Disaster Faces Farmers If Boom m Land Values Continues to Skyrocket By BARROW LYONS WNU Staff Comtpaadant ' WASHINGTON, D. C — One glance at the current USDA index of farm real estate values in dicates that a boom in land values is well started, which, if not checked by the most vigorous legislation, is likely to develop into a condition that will have a disastrous effect upon farming for many years to come. The average value of farm land per acre for the nation as a whole has been rising at the rate of about 1 per cent a month since the latter part of 1943. At the moment, the movement has slowed down slightly—but this is a seasonal con dition, and unless inflationary forces are checked, ac celeration can be expected in the fall and winter, when farmers gen erally do most of their land pur chasing. They have time to look around and bargain then. Only the very young farmers of today cannot remember what took place in the farm land boom of the last war, and the two years that followed that war. It took five years then for the national index of land values to climb from a level of 124 in 1915 (the average for 1935-1939 equals 100) to the 205 level in 1920. Those figures are March 1 averages for the nation in the years men tioned. That was a climb of 65 per cent. Started in 1942 This time the inflationary move ment did not start until 1942. It began from a somewhat lower level of values, as the chart accompany ing this article shows, and for the first two years the rise followed closely the pattern of 1916 and 1917. But beginning last winter, the rise in the third year of increase has been far more rapid than in the third Barrow Lyons F/ rh Real Estate Booms \ | 200 mo / \ Average Value. tj/e-t. \Un lteda5 alea ISO / / /oo >•✓00— 100 L if n NW /9VT /to) <fc Brazilian Troops in Italy The first contingent of Brazilian troops is shown arriving in Hal/ to take its place beside the American, British and French Allies in the fight against the common foe. A Yank guard of honor was on the dockside at Naples when the Brazilians disembarked. Brazil has asked that her troops be used on every front. Brazilian air troops have received train ing in V. S. and war workers of America have turned out a large volume of supplies for the South American troops. Prisoners Headed for U. S. German prisoners aboard a coast guard-manned transport—war weariness and homesickness alike seem evident in the faces of these German prisoners as they gather around on deck. They face a long period of internment in the United States before they return to the home land which they are singing about here. year of the previous boom. In the first three years of the World War I boom the rise was 26 per cent. In the first three years of the present boom the rise has been 34 per cent. If the upward climb continues un til next March at the same rate, the rise for the first four years of the present movement will be more than 50 per cent, compared with 36 per cent in the first four years of the previous boom. That would mean that inflation of farm land values is sneaking up on us much faster than last time, and threatens to go very much further, for the war is still in progress, inflationary forces are much greater than 25 years ago, and we already are beginning to re lax price rise restraints. Let me quote from the bulletin on the subject issued by the USDA bu reau of agricultural economics in March, this year. It says: “In the principal agricultural areas the value-stimulating forces are increasing in strength, while the value-curbing influences are weak ening. The predominant forces op erating in the farm real estate mar ket stem from conditions of high farm - commodity prices, record farm income levels and growing ac cumulations of funds available for land purchase.” The analysis points out that de mand deposits of country banks in 20 leading agricultural states in creased 30 per cent during 1943, and by January, 1944, had trebled from 1939. This condition continues to grow, as farm income from market ing this year compares well with the all-time record of last year. There is a bumper wheat crop at excellent prices, and other crops promise high cash yields. Increase in Transfers The most alarming feature of this movement is the increase in the number of transfers for speculative purposes. Reselling after only short periods of ownership is increasing, especially in the Pacific and North Central regions. In the latter part of last year, almost three-fourths of the tracts resold were held for less than a year, and over two-fifths for less than six months. Despite earnest pleas made to halt this boom through purchase of war bonds, instead of land, the only promise of effective action yet to appear has been the bill introduced by Sen. Guy M. Gillette of Iowa, which would impose a 90 per cent tax on profits made from the sale of farm land held less than two years. Seme responsible officials fear that if the full vigor of the present boom is publicized, it will lead to \ greater speculation, with resulting ' stimulation of the boom—and great- J er disaster when values collapse 1 A Pock-Marked Jap Seaplane U. S. marines at this captured harbor in the Marianas islands examine the results of bombing and strafing of a Jap seaplane by American air men. The four-motored “Mavis” was one of several caught on the ground at the Jap seaplane base at Tanapag harbor. The number shot from the air has been considerable, but the Jap loss of planes destroyed on the ground has been increasing. Marine details dig graves in the Second marine division cemetery on Saipan. The cemetery has been made the temporary resting places for the hundreds of Leathernecks of the Second marines who fell in the conquest of the Marianas base. Special details are assigned for the protection and care cf the cemetery. Boy Does Big Job This youthful Italian lad, member of the underground and familiar with Livorno area, directed American troops away from mined areas. * St. Eny Captured Covered by a buddy in foreground, who has a perch on the stump o! a blasted tree, American GIs ehargo up a street in the village of St. Eny. Hero Mustered Out S-Sergt. DeSaies Glover of Pitts burgh, who enlisted when he was 14, was mustered out with DFC, the Air Medal with four Oak Leaf Clusters, the Purple Heart, and 31 bombing missions to his credit. Mail Goes Through Taking advantage of a lull in the fighting, marine halftrack driver snatches a few moments to read his mail while a fellow crewman keeps the enemy under surveillance some where on the Japaness front. Released by Western Newspaper Union. T REMAINED for Arne Anders- , 1 son, Swedish schoolteacher, to 1 prove to the world that talk of a . four-minute mile was more than wishful thinking. In the greatest mile race of all time, Andersson toured the distance in 4:01.6. Running against the famed Gunder Hagg, Andersson came the closest to achieving the goal of some 70 years. He has definitely proved his superiority over Hagg, and has removed any doubt that there is any one in his class. And it should be noted that Hagg knocked off the mile in 4:02, better than any previously recorded time before their duel. 1943 Record Andersson’s 4:01.6 mile was the latest development in the running of the event that has become a monopoly for him and Hagg. They have broken the record four times in the past two years, shaving nearly five seconds from the 4:06.4 chalked up by Sid ney Wooderson of England in 1937. In 1943 Andersson established a world record of 4:02.6. At 28, the flying Swede cut a full second from that mark. For the first three quarters of his race with Hagg, Arne actually was eight-tenths of a second ahead of the four-minute pace. He ran the first quarter in 56.8 for the fastest lap ever made in a mile race. When he reached the half-mile mark, with 60.5 for the quarter, he was hitting pretty much the pace of • good middle-distance man. He made the third quarter in 62.9 and the last in 61.4. In running 4:02.6 last year Anders son ran his quarters in 58.5, 62.5, 61.8 and 59.8. Comparison of the two races shows that he was 1.7 fast er on the first quarter than last sum mer and two full seconds on the second lap. This gave him a total advantage of 3.9 seconds for the half. He began to lag and ran the third quarter 1.9 slower and then lost 2.4 in the final. It is obvious that he has improved over the first half mile. But he will have to develop a stronger finish to cloek the four- minute mile. Francis Powers, Chicago sports writer, points out that Col. Arnold Strode Jackson, English Olympic champion in 1912, calculated that the four-minute mile will be reached only if a runner can pace himself to 58, 62, 61 and 59 seconds. That is a punishing schedule. It demands a terrific start, a breathing spell dur ing the second quarter with a grad ual pickup during the third and speed enough for a slamming finish. Arne Andersson A Comparison Andersson bettered Jackson’s standard for the first quarter and was 2.7 ahead of time at the half. He fell 1.1 back of schedule on the third, but was still eight-tenths of a second to the good for the three- quarters. The final lap was his un doing—he went 2.4 off the Jackson pace. Andersson indicated earlier in the season that he would have come to the United States but for previous running commitments in Sweden. Hagg, too, has announced that he will return to the United States at “the earliest possible convenience.” Their appearance here would fur nish grand entertainment, but the competition we could provide dur ing the summer would make an early trip to this country rather fu tile. It would be better if the two Swedes would come for our winter season. They could meet America’s milers when they were in top form. It is also doubtful if Andersson and Hagg, during the warm months, could approach the time they made in their homeland, where they can run late in the evening when it is cool and there is no bothersome humidity. LOWERING RECORDS 1874 Walter Slade 1882 Walter George 1895 Tom Coreft 1911 John Paul Jones 1913 John Paul Jones 1915 Norman Taber 1923 Paavo Nurmi England 4:24.5 England 4:21.4 U. S. 4:15.8 U. S. 4:15.4 U. S. 4:14.4 U. S. 4:12.8 Sweden 4:10.4 1931 Jules Ladoumegue 1933 John Lovelock 1934 Glenn Cunningham 1937 Sidney Wooderson France 4:09.2 U. S. 4:07.8 U. S. 4:06.8 England 4:06.4 1942 Gunder Hagg 1942 Gunder Hagg 1943 Arne Andersson 1944 Arne Andersson Sweden 4:06.2 Sweden 4:04.6 Sweden 4:02.6 Sweden 4:01.6 SPORTS SHORTS fl. Jim Gallagher, general manager of the Cubs, is not a night ball en thusiast. He thinks the teams that play day games will prove in time that they attract as many custom ers as those that play under lights. C. Gus Mancuso, whose comeback as catcher for the New York Giants has been surprising, was a pitcher when he signed with the Cardinal chain in 1925. C. Second Lieut. Bob Pastor, heavy weight boxer, has been assigned to an army base In Texas. CLASSIFIED DEPARTMENT HELP WANTED Refrigerator Repairman or serviceman wanted. Should be familiar with several makes domestic boxes, also commercial refrigeration, air conditioning. Repairman wanted for washing machine, with exper. on different make machines. These are good Jobs for right parties, will be permanent. Brown Starr Electric Co., Macon, Ga. ATTENTION—MEN OR WOMEN—DUE to present shortage of pharmacists we are changing our policy, which will require many capable unregistered men or women to serve as ASSISTANT STORE MAN AGERS. Attractive salaries. Good hours— paid vacations—group insurance—Hospi talization insurance plan. Excellent oppor tunity NOW and splendid Post-War fntuse. Apply at Once. See Mr. Fnssell or Mr. Gibson JACOBS PHARMACY CO.. ?NC. 77 Anbnrn Ave. N. E. - Atlanta, Ga. Phone WA 1021 for Appointment. Operators—Exper. or inexper. to make Government uniforms and Carhart over alls: regular work, union pay. E. R. Part ridge, Inc., 157V& Pryor St., Atlanta, Ga. TEACHERS WANTED Have openings in Durham County Schools, just outside city of Durham, for teachers of Science, Mathematics, English and up per grammar grades. Contact SUPT. W. M. JENKINS, Court House, Durham, N. C. FARMS FOR SALE—578 acre farm, modern Imp., to be sold to highest bidder under sealed bids to be opened August 15. 10-room house with bath room, R. E. A. lights, water, 0 tenant houses. Cold storage, barns, stock ades, tobacco barn, syrup house, mules, cows, hogs, crops, tractor and implements, corn shucker and sheller, feed and grist mill, power cane mill and evaporator. 350 a. in high state of cultivation. On mail and school bus route. 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