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Tobacco Farmers, Other Farmers And Terms Of Exchange, Jean Debusk Russell
Tobacco Farmers, Other Farmers And Terms Of Exchange, Jean Debusk Russell
Masters Theses
[From the Conclusions]
The purpose of this study was to discover the truth concerning the relative well-being of tobacco farmers insofar as that well-being has been dependent upon the production of a specific commodity, tobacco. The conclusion reached may be stated quite simply: the tobacco grower has been in a relatively favorable position since 1911 as measured by his terms of exchange and as compared with the growers of previously specified commodities. The arguments for and against the terms of exchange as a measuring device have been stated. No conclusion has been reached as to whether or not …