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adership of the country population. Within the last two decades, since 1890, the farmer has been gradually discouraged and has realized that his economy is not suited to survive. The most representative farming communities today are those of Scotch or Scotch-Irish people, whose instinctive tenacity, their "clannishness," has perpetuated longer than in other instances the rural economy and the country community. In using the term land-farmer I am aware of its close resemblance to the term exploiter. The word itself points to exploitation of land. The land farmer has used the raw materials of the country. He has tilled the soil until its fertility was exhausted and then moved on to the newer regions of the West, again to farm and to exploit the virgin riches of a plenteous land. The planter in the South, possessing frequently more than a thousand acres, was accustomed to till a portion of one hundred, two hundred or four hundred acres, until its fertility had been exhausted. Then he moved his slaves to another section, cleared the land and cultivated it until its power to produce had also been exhausted. The difference between land-farming and exploitation is the absence of speculation in land in the former period. FOOTNOTE: [Footnote 6: Rev. Charles Stelzle.] III THE EXPLOITER The third type in American agriculture is the exploiter. Between the farmer and the husbandman there is an economic revolution. In fact the exploiter himself is a transition type between the farmer and the husbandman. "The fundamental problem in American economics always has been that of the distribution of land," says Prof. Ross. The exploiter is, I presume, a temporary economic type, created in the period of re-distribution of land. The characteristic of the exploiter is his commercial valuation of all things. He is the man who sees only the value of money. It was natural that with the maturing of an American population, the exploitation of the natural resources should come. We have exploited the forest, removing the timber from the hills and making out of its vast resources a few fortunes. We wasted in the process nine-tenths for every one-tenth of wealth accumulated by the exploiter. We have exploited the coal and iron and other minerals. The exploitation of the oil deposits and natural gas reservoirs has been a national experience and a national scandal. The tendency to exploit every opportunity for private wealth has
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