Excerpt from Financial Position of a Representative Group of McHenry County Farmer, in the Dairy Region of Northern Illinois, 1940-1942
Since the proportions in the different tenure and debt classifications were similar in the other years, the 1941 sample, which was the largest, was taken as representative (table On December 31 Of that year 20 percent Of these farmers reported no debts. A slightly higher proportion Of tenants than Of owners reported no debts, a fact that reflects the lower capital requirements of tenants.
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