Chapter IV: AGRICULTURE AND TAXATION.--The progress in agriculture was

remarkable. The chief point of interest here is that the placing of Filipinos in control of the agricultural departments greatly enlarged the power of the Government to influence the people to increased production. Of rice alone, 1,285,385 acres more were planted during the last nine years (1913-1922); 544 rural-credit societies were established with a membership of 75,114 and coöperation in agriculture, a new spirit among the farmers, encouraged and explained.

Taxation was revised and increased, and the government revenue from this source which in 1913 had been only P39,236,007, rose to P62,900,403 in 1919 and P64,259,776 in 1922; there are twelve banking institutions in the Islands, now, instead of only six, and the money in circulation has risen from P50,000,000 in 1914 to three times that figure.