INCOME OF FARMERS
FOURFOLD INCREASE IN FOUR YEARS CLAIM BY MINISTER cFrom Our Parliamentary Reporter) WELLINGTON. Aug. 8. " Opposition members talk of an increase in the farmers' costs," the Minister of Housing (Mr H. T. Armstrong) said in the House of Representatives to-day, "but the farmer now has four tiroes the income he did in 1935 to meet those costs." The Minister quoted figures to show the increase in the income of farmers since 1935. The average net income of all classes of small farmers with land valued at less than £3OOO, the Minister said, was £259 in the year to March 31, 1937. That figure included dairy farmers, of whose plight so much was heard. He had had figures taken out for 500 dairv farms for the four years from 1935 on, and they showed that the farmer was immeasurably better off. In 1935, the Minister said, the average income of the 500 dairy farms studied was £75 a year. In 1936 it was £156. in 1937 £253, and in 1938 £263 " The farmer now has four times th» incoire he had in 1935 after he has paid all his costs," Mr Armstrong concluded.
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Otago Daily Times, Issue 23882, 9 August 1939, Page 9
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195INCOME OF FARMERS Otago Daily Times, Issue 23882, 9 August 1939, Page 9
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