The Archive · 1937

Heavy Indebtedness

Of a certain village land, 30 per cent. of the farmers own 85 per cent. Half the families have no land at all, and another 30 per cent. own a few mow, perhaps one acre. These conditions, of course, are a carry: over of the civil wars in Kiangsi Indebtedness is high—70 per cent. of the families have borrowed money, the average being a little over $100. That is a village debt of $12,500 among only 175 families. Again, this condition can be blamed upon conditions which pre-dated the reconstruction movement. But here is the disappointing fact, the march toward

Text read from the printed page and cleaned; old type leaves the occasional error.

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