Faith And Farming (Continued from Page Al) this period of history and where we are going. I’ m an optimist about took labor out of farming, that took bushel. We had real income from agriculture. I have a contract that all the fun out of baling hay where farming versus land value. The I can’t get back in agriculture for we use to sit behind the baler in the income from farming was very four years. And I think 1990 might hot Kansas sun. We had an old high during the ’sos and ’6os. If I be just right. It’s my opinion that Case baler. My father was the tier had charts here I could show you it’s going to take most of the ’Bos to and I was the poker. If you the income from raising the crop work out the dislocation that remember those old Case balers was very high. The inflation on happened in the ’7os so the ’9os can and the hay would get tough. He that farm was not very high. So be more like the ’sos and 60s and sold that baler because I was there was real productivity hap the post war years of agriculture, losing my religion cussing about pening. There was real income Let me state that again then I’ll poking that wire through there. It’s happening. There was a gradual build on that theme. not worth it. We baled hay custom, increase in land value. So people It is my contention that it’s going 1 had a brother who run a tractor, bought land, and it gradual went to take most of the’Bos to work out my father tied and I poked and up. But nothing miraculous. You the dislocation that happened in about two years of that. Ed said, just made pretty good money agriculture in the ’7os so the ’9os “Hey, you know you’re not going to farming. Then you made a little can be more like the ’4os, ’sos and be a Mennonite if we do this much money on your land. Then you ’6os in agriculture. Let me go longer.” So we sold that baler and didn’t make a lot of money on through that ’4O, ’5O and ’6O period went on to something else. either. You begin to build a little with you for a little bit. There was a lot of diversification equity. There were several things that of risk during that time. People Everybody’s been leaving the happened in the post war years. I tried to diversify what they were farms since during the 19305. It’s take the wars through the ’6os as doing. They didn’t raise just wheat been happening regularly. The the post war years in agricultural, or just com or just hogs or just crisis that’s been coming upon us One was the technological ex- cattle. There was a lot of diver- now is the way people have to leave plosion. I don’t have to go through sification going on. It was a real the farm. That is by the abrupt a lot of this for you to see what replacement of labor with nace of it. The fact that the in happened. 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Service sectors were picking up employment. Dealerships were growing and picking up some of your children or maybe you or other people. Mechanics were much more in demand. Everything was increasing, fertilizer, feed mils. The trauma of moving out of the agricultural things was not serious because you were still staying in the sector of agriculture. Most of the time there was em ployment being created right there in the rural area. That was the Hesston story and many others. Lots of small factories started up all over the country. Productivity was increasing. Then all these things were going along great. A lot of people say that the ’7os were the golden days of agriculture. I’m here to debate that the ’7os were really the seeds of the crisis of the ’Bos. In my opinion the ’7os is when the crisis occurred. We didn’t recognize it. It didn’t catch up with us. But it was occurring. 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Pipersville, PA Bath, PA New Egypt, N.J. 215-766-0414 215-837-7681 609-758-2211 N.H. FLICKER & SONS, INC. LAMBS FARM MACHINERY Maxatawney, PA 215-683-7252 market. I read today that (me of the farm equipment executives said that there was an unnatural blip in the 70s. It’s another way of stating what I’m saying. Everything went together. Everything was perfect. We had an export market ex plosion. We had credit availability to a lot of underdeveloped coun tries. We gave them credit. We sold them the crop. They had the ability to absorb the credit. They took the crop. Some of it got to the people. Some of it didn’t. Some of the machinery got to the people. Some of it’s on hedge row in Algeria and Africa and other places. But we sold a lot of product. We exported a lot of product. We had the ability to manufacture cheap here. We had high inflation occurring. So in the 70s farm labor was going up. Farm land was going up. Factory labor was going up. Suddenly a lot of farmers woke up and found themselves wealthy. They just couldn’t understand that. Now if you study that period of the 70s, particularly the latter half, inflation was covering up some rapidly increasing costs in agriculture. Land values were increasing and that increased the balance sheet. If you did what you were supposed to do during the period of the 70s and you listened to your banker or you listened to the Federal Land Bank or all those kind of people, you went out and borrowed more money. Because if you’re a good manager and a good (Turn to Page ASS) Thorndale, PA 215-269-2676
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