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|Posté le: Lun 19 Juin - 22:20 (2017) Sujet du message: The Gardeners' Chronicle And Agricultural Gazette For 1851
Excerpt from The Gardeners' Chronicle and Agricultural Gazette for 1851
It will not be out of place if we mention another source of profit or loss, as the case may be, in the cultivation of a farm - we refer to the amount of capital employed. If the moneys employed are too little to meet all the requirements without a pres sure, that pressure will oblige the farmer to neglect his culture, or to force sales at a great disadvantage, or perhaps do that which is more ruinous still, viz., borrow money at a rate of interest, perhaps greater, With the expenses attending it, than the average profits of the farm when, on the other hand, if he employs a larger capital than is necessary, that very capital becomes a clog, as the land must be. Charged for the interest of the capital employed, and if nothing worse is the result; it changes the farmer into a speculator, and the meaning of that word, surely, points out to everyone that the chances of success cannot be so certain..
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bound: 838 pages
publisher: Forgotten Books (February 28, 2017)
isbn: 0243532601, 978-0243532605,
weight: 2.4 pounds (