Abstract
The transportation of the nineteenth century; the opening of fertile virgin soil, farmed by extensive methods, in North America, Argentina, and Russia; the expansion of animal husbandry in the Americas and Australia; the development of refrigeration and canning; a chronic worldwide shortage of currency; and such natural catastrophes as the destruction of French vineyards by phylloxera, epidemics of hoof-and-mouth disease, and years of drought followed by years of excessive rain, produced a severe crisis for European farmers in the final quarter of the nineteenth century. European farmers found themselves in a squeeze between the cheap prices of their overseas competitors and their own high production costs, which were caused by intensive or antiquated methods. Two alternative policies confronted European of the high-cost areas.

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