Chapter V
Reading edition
CHAPTER V
The Weak Spot in American Rural Economy
The three elements of a rural existence—Mr. Roosevelt's formula: "Better farming, better business, better living"—A comparative analysis of urban and rural business methods shows that herein lies chief cause of rural backwardness—Reasons why farmers fail to adopt methods of combination—A description of the coöperative system in its application to agriculture—The introduction and development of agricultural coöperation in Ireland—The Raiffeisen Credit Association successful in poorest Irish districts—Summary of coöperative achievement by Irish farmers—British imitation of Irish agricultural organising methods—A criticism of American farmers' organisations—Lack of combination for business purposes the cause of political impotence—Urgent need for a reorganisation of American agriculture upon coöperative lines