Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1857-07-03

thousands OF miles Of Railroad to be built In tho
West in the next FIVE years, and upon the million
of bushels of grain to be harvested, threshod and
taken to market, you will SEQ at once that
a'boros are now and for years must be in good de.
mand here. 1 will also add that tcamstor. get
$3.50 and 81 per day, that butter makers get from
20 to 2jc for all the butter they can make, that
'very man, or child who works gets well paid
for it.
But, say you with whom is it tight times l can
answer you in a very few words. With those who
do not labor, with tho land Spectator the doctor
tho lawyer, the minister the dealer in fancy good,
and city lots in short the drones all cry hard times
| would advise all of that class to stay,aN, but to
those who are willing to toll for their bread |
would say nest by all means, thcro is enough
for you to do and more too. If you wish to till
the nth, | would say to you como west, and you
will find more and bsne and cheaper land in market
and better chance to mako money by farming
than ever J,tore. Ono word to MONEY icnd,rs and
have done. would say to you come weet. Tho
reason why so many lose money here is because
they lend it to the wrong men, to the drone, have
mentioned above, and take fancy property at
frncy prices, as security. These men are always
ready about the Hotels and Railroad Offices on the
arrival strangers who have money to loan TO Dor
row all they can get and will pay from 40 to 5Opcr
cent, but if the capitalist would 1T them aione, and
loan his money to those who have improved farm
ing lands or wish to improve farming lands with
it, at 20 or even IL por cent, taking mortgage
on said farms, he would do well and be petIectiv ST.
cure. 1t is often a wonder to eastern people how a
man can pay 20 per cent land sometimes so per
cent? for money ami hue. But assure you it is Of
ten done hero and is even grsa, gam to the bor-
row than the tender, even at that rate. Wewill
suppose a Case
has money to loan at twenty pcr cent, on
farm mortgages. owns leo acres good land
which he has fenced, and a span Of horses; no.
thing more. lie borovs $1,000, Of A, secures him
on hisland, by working himself and team gets
his land broke for s2,O0 per acre. buys two bush.
els of seed per acre for $3.50; sows and harrows
and reaps it himself, pays sl,0O per acre to get
1t bound and stacked and 81 90 per acre to get it
thrashed; in all $3.50 per acre. or 5000.
We will suppose he gets the average yield OF
twenty bushels per aero and gets the price tina,
wheat has sold at for the last three years 81, rs
per bu'hel; his crop will be worth $1,000, and his
land which worth but So, 90 por acre before it
was broke is worth SIS now, making $1,000, moro
Total $4,000, lie pays A the $1,000, and the 5000
interest. and has cleared siiO0. Had paid A
so per cent for the money he would have then
cleared eight times what A would.
This is no fancy sketch but actually occurs here
almost every day. AS have no land to sell and
do not wish to borow MONEY, have no mater po,po
or paper fo"n TO puff up you may rely on what l
have written as being true, if not we'll expressed
Yours ESQ.