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The Business Side of Farming (Classic Reprint)

The Business Side of Farming (Classic Reprint)

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Excerpt from The Business Side of Farming

The farmer is a manufacturer: The soil, atmosphere, sunshine and showers arc the materials to which he applies his skll'. and from nature's laboratory is poured annually Into the Channels of trade the materials from which is fed and clothed the teeming millions of the earth.

The farmer i a business man: The selling of his surpius 1 the great paramount souree of the world's commerce anu trade. He fumishes 600.000.000 tona of food annually to feed the nations of the earth.

The farmer is a consumer of the materlals tumed out by the great urban Industries. He Interchanges his products with those oi other lands tili all the nations of earth are linked together into one stupendous whcle.

History is a voice forever soundlng across the centuries the ln lerpretations of man. Opinions alter, manners change. creeds risc and fal but the law of cause and elfect is written on the tablets of eternity.

To trace the law of cause and eftect in the past for future guidance is a task of civilization. Present conditions are the com-poslte reflectlon of the Operation or thls law. Present tendencies are prophetlc, and to properly Interpret ls to be forearmed and empow ered to direct the course of history.

The farmer of today is gotng ttirough a period or .ransltion. economlcal'y. industrlally and financially. How to adjust his methods, habits and busines to the changing Order is one of tnc dlfficu Problems of tbe day which he alone can solve. To help in this task Is the prlmc object of thls Bulletin.

The consumer furnishes the demand for production. He pays for

(1) Cost of production

(2) Cost of distribution.

(3) Profits of production.

(4) Profits of distribution.

(5) Waste of production.

(6) Waste of distribution.

The ability to consume is guaged by the power to earn. When so much of the consumers earnlng power goe to defray the expense ot waste his consuming power Is curtailed and the market he can furnish the producer Is lessened. It boboorcs both the producer and consumer to climinate waste.

The bes) stabiles obtalnable Inform us tbat production and distribution are ab-jiit equal faotofs in establishing the retall prlce to tbe ultimate consumer. We fcnowiftat thls can be great'y cheap-ened by the producer assumlng a larger harc in the task of distribution along lines demonstrated to be practical, efiicicnt and economical by the larger distrlbuting concerns of the leading nations of the worid.

There are two general divisions of business methods:

(1) Individual.

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