Acknowledgment

This monograph was prepared by Dr. Walter J. Quick, Special Agent for the Federal Board for Vocational Education, under the direction of Charles H. Winslow, Chief of the Division of Research. Acknowledgment is due E. H. Thomson, Acting Chief, and Dr. E. V. Wilcox, agriculturist of the Office of Farm Management, United States Department of Agriculture, for suggestions and data, also to Dr. John Cummings, of the Research Division, for editorial assistance.

If you have been asking yourself the question, “Can I now with my disability undertake to manage a farm on business principles and expect to make a financial success of it?” you will be interested to learn that farm management is one of the most important training courses offered you by the Federal Board for Vocational Education.

Upon good business management depends success in farming, that most important industry in the United States—the industry which many of you boys returning from the war will wish to enter, the one which needs you perhaps more than any other, and in which you may expect to earn ample rewards through scientific methods.

Farm management has been defined as “the science of organization and management of farm enterprise for the purpose of securing the greatest continuous profit.” It is the business end of farming. It deals with farm organization, methods, accounts, and credits, and is, therefore, of interest to all classes of farmers, including owners, managers, and tenants.