CREDITS.

2,000 bushels of wheat $2,000 00

Hay cut by mower 200 00

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$2,200 00

Expenses 1,427 00

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Balance in favor of crop $773 00

Now, it will be born in mind, that we have charged the first crop with

horses and machinery, property that, by right, should come under the

head of capital; we have charged it with what will work the farm for

years, and help to produce successive crops, not of one hundred acres,

but of two or three hundred acres; and yet, with all the charges, the

crop shows a profit of $773.

What other business can make such a showing as this?

As a matter of fact, all the ready money the settler will require to

provide himself with machinery, will be ten per cent. on the price; for

the balance he will get two years time at 12 per cent. interest.

Catholic Colonization in Minnesota Revised Edition · 第 64 / 111 题