Excerpt: The gross income from agriculture for the 1934 season, probably will be about $7,200,000,000, compared with about $6,300,000,000 for 1933 and $3,300,000,000 for 1932, the low point in the depression. This is an increase of 36 percent in 2 years. Cash income will probably increase from $4,370,000,000 to about $6,200,000,000, an increase of $1,830,000,000 or 42 percent. Rental and benefit payments made material contributions to this increase, amounting to $271,000,000 in 1933 and about $589,000,000 in 1934. The actual position of the farm operator has been improved more than is indicated by these figures. A 3-year period, 1930-32, in which income was insufficient to pay all expenses and farm-hand wages to the operator, has now been followed by 2 years of income sufficient to return something to the operator for his management and capital. The income to farm operators from 1934 production, for labor, capital, and management, after paying expenses, probably would purchase about twice the quantity of the goods that could be bought by that for 1932.