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The Midland Journal
Rising Sun, Cecil County, Maryland
What is this article about?
Farm real estate values are 42% above the 1935-1939 average, with a 15% increase in the past twelve months, according to the Department of Agriculture. Historical context notes the post-WWI boom and slump. Advice cautions against treating land as a gambling speculation.
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Farm real estate values are 42 per cent above the average rate between 1935 and 1939. The increase during the past twelve months has been 15 per cent, according to an official statement of the Department of Agriculture. The boom in farm land values in World War I ended in a big slump in the years of peace that followed.
Land is the basis of wealth and security--but it never fitted into gambling speculations, either in farm lands or city property. Oh, it will be all right if you buy some acreage at a fair price, providing you don't have the idea that you can play the stock market or crap game tricks with it.
What sub-type of article is it?
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What entities or persons were involved?
Domestic News Details
Event Date
Past Twelve Months
Key Persons
Outcome
42 per cent above the average rate between 1935 and 1939; 15 per cent increase during the past twelve months
Event Details
Farm real estate values are 42 per cent above the average rate between 1935 and 1939. The increase during the past twelve months has been 15 per cent, according to an official statement of the Department of Agriculture. The boom in farm land values in World War I ended in a big slump in the years of peace that followed. Land is the basis of wealth and security--but it never fitted into gambling speculations, either in farm lands or city property. It will be all right if you buy some acreage at a fair price, providing you don't have the idea that you can play the stock market or crap game tricks with it.