[201] Cf. Testimony before United States Industrial Commission (Report. X, under subjects of "Credit System" and "Crop Lien System," passim.)
[202] Report. X, p. 161.
[203] In some states farmers themselves own considerable amounts of bank capital. This is said to be particularly true of Iowa.
[204] The average value per acre of farm land in the United States rose from $15.57 in 1900 to $32.40 in 1910, a rise of 108 per cent. Thirteenth Census, Bulletin on Farms and Farm Property, p. 15.
[205] Report, X, p. 938.
[206] Exclusive of Alaska and Hawaii.
[207] Values in gold.
[208] Cf. Twelfth Census, V, pp. xxix and xxx. and Thirteenth Census, Bulletin on Farm and Farm Property by States, pp. 13 and 15.
[209] Every census since 1870 has shown a larger percentage of the native population living in state or territory of birth.
[210] On this subject see the writer's article on "Agricultural Credit" in L. H. Bailey's Cyclopedia of American Agriculture, IV, p. 270; and his Report to the Treasurer of the Philippine Islands on The Advisability of Establishing a Government Agricultural Bank in the Philippine Islands, pp. 9-11, 151-154.