Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1857-05-08
An Evil

We suppose thcre O., not an intelligent
cultiu,lr % che soil. but tant know, aud
feels that ono OF the most serious wills a--
ricglturc now has Q, contend against, &, the
want ol an ample supply of capital. This
is one OF the great hiulancrs TIA more
thorough metholofculuuti1n and enhanced
profits Men may own their farms, stock,
aud tools, aud may b. iree from debt but
they cAnn5; c5nIact their agricultural 0p-
erlti0ns with that economy, 0r uu any such
scale as will render them in che highest de-
crce rrmuucratiyc, if they have n1 capital
beyond this Every farmer needs a cash
capital % make everything 20 ia the most
successful way, and % secure tho largest
profits, Thi. every intelligent farmer knows
LIS equally well known thar DC j. very
diHcllt g. command capital iJr agriculture!
purposes Why is it s5' Il certainly 3,
not be5auss money loaned % n-u engaged
in this pursuit g, lr,s secure than when
loaned o. those engaged iu other branches
of business. i1r it is c1nles-atly the safest
investment that can D., made. Suli every
other business can m1re ralily command
capital than agriculture O. carry out their
operations Why is this SOP Why can
traiers, mechanics, aruaus, and even tae
mos; reckless Spectators, more readily COME
maud capital tor ;hgir ma,; daring opera
tiJus, than the farmer .s h.. sober and
comparatively safe, and ,ar..y ..yr.muueutgc
operations We answer, iti, lrtw1 r.a-
,5us mainly, although tb.rs ase several gol-
lateral and incidental rsl,lus.
I The returns uu iuyr ,m.ut. in 90 SO
other Kind, 1f ba.lue,s age SOONER brought
about than agriculture. la trade, Ilugggs~
fal, capital can D. turned tviss .u y.ar.
while iu agriculture O; cannot hr turned
more than once iu y.lr, ami in many
operation. not afensr than once in four or
five years un an ayr-a-, agricultural
capital can hardly hs tuuaI o.n.r than
once iu tarc, yyar-. u. cIar-r. loans .r
agricultural IuT.-. must 0s elected 900
comparatively long times, whereas, other
traurhs. al bu..ur-, NAV Joan au gl., 20
discount, az bank, and other m1uaycI .0.
sttuuuus on short umr, Ta.s q farmer
Doe. u1t want 90 DO, because Le know. u,.
only resort D.. @, Borrowing again 90 meet
the payment, as Le cannot turn bis capita,
iu time o. meet DO.
. But che worst obstacle Boa tho way of
scurIu. agricultural capital, ., the c1uiuc,
Of farmer, thsmse,ye. who have money. IL
isl vell-ku5Vu fact that ,.rrs are very
many farmers who have money 0n hand,
which they DO not choose 90 invest .n ihe,r
own bu..n.s,, auI they an, tHr mo., uuwi,-
ling OF al men O. loan their money o. their
brother farmers, although th.y wish o. loan
i, 0u long time. They will run after
traders, mechanic, anIsT.1u,a,yr. and urge
them % take thar money, although they
know nothing Of ,Lg condition Of tasrr aG-
Eirs, aud ar, 50 often cilGel with failure,
and the payment Of from five O. Gry pr
cent. on their uItF-, while t.ey have ul
money % loan tas,r ugztur.shl0r who own,
hi, farm, stock and tools. free from iuclm-
berlnce, aud i, thriving man, merely Dee
cause be will not Pay twelve or eighteen pr
cent. Tor is use, and sometime. when there
Is rot even this gzeus, For such men Will
often refuse money o. q brother farmer when
they know il is perfectly safe. and ls.a
reckless trader or gambling srsguhtor have
10. az the sane rlts 0t Interest. about vhs.s
Affairs they know nothing Small sympathy
have such men from US when failure make.
Ashare of City Or seyenty,dye PR cent. ou
their notes. Il j. only a righteous rytribu.
ton on their uuwise conduct, and We wish
the repeated lessons given ths community VI
the precarious nature Of trade, ia the mos,
disastrous failures which Oygrtlke and over.
whelm our most long.,risd aud most con.
tded-in traders, may not - without their
edect. such Occurrcnccs should teach tbo..
who have snail sums OF money they Do no,
wish 70 invest in business themselves. ~
seq to iaycs. it IL places where there is lss.