The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1869-07-20

Buying Land.

to be good farmer than to be q good
worker in any other department of use
iul industry; and yet we advise every
one who is in doubt as to what he shall
do for livelihood to apply himself to
to the soil.i Bread goeth not out Of
fashion; and, even though men were to
refuse to buy your grain, you could new
ertheless eat il. We manage to have a
panic and financial breakdown every
few years and, while almost every one
is unfavorably affected by one of these
tornadoes, the farmer who is ont of
debt feels it less than most others. It
is very true that farming might be over
done, but very certain that it will not
DO. We are building more miles of
railroads this year-we built more last
year-than any other people on earth
ever built in year; and every mile of
new railroad makes market for food
while it is in progress, and increases
the value of some farming lands there.
after. We have mines to open, furnace
cs to erect, factories to set in motion,
and cities to build-all of them making
markets for food, and increasing the
general value of land.
We advise no man to speculate or to
run in debt. No matter how flattering
the prospect, if you are out of debt,
keep out. Debt is sorrow; debt is sla
very; debt is an enemy of sound, re-
freshing sleep. Beware!
Nor have we anything to say in be.
half of lots corner or otherwise. They
may be cheap there may be money in
them: we know some who have bought
land good many who have sold) them
to profit: do with them or without them
as you may see fit. 50
But, within sight Of Trinity steeple,
there live not less than one hundred
thousand families in houses or parts Of
houses that they do not own, paying
the better portion Of their income week
ly, monthly, quarterly, to landlords or
their agents: prospecting whe times
are good and going behind when they
are dull: sometimes flush, and then
again hard up; some prudent and fru
gal, others reckless and prodigal; two
thirds of them likely to die as they
have lived, and be carried out in their
collins from other mems houses ceas-
ing to pay rent only when they cease to
live To, these, one and all, we say,
You should try to own land: if not this
year, then next; if not in or near the
city, then in, the wide, free country
Buy land .o3s1 3 - -s7.sa =
There is much land held above its
value but you need not buy that. In
the average, land can be bought very
cheap in this country, if you are not too
particular about your location. Even
when farms along the great highways
are held At high figures, you can buy it,
on the cross roads and in the back set
Elements, for moderate prices. We have
known fair tracts sold at less than $50
per acre not ten years back within twp
hours ride of our pavements; while at
least one million acres Of New jersey
may still be bought at or under s 25 per
acre. 3us Logaa7ec eat rs.
III the South, there are more lands
offered at or below els per acre than
above that mark and very fair timber
ed lands may be had for s. per acre
And these are the very lands that one
who does not want them for present use
should buy; for the timber will soon
be worth far more than the land now
costs Riding through eastern Illinois
not long ago, an old farmer remarked,
Il came to this region thirty years ago,
and paid 81 Is per acre for my land I
am now selling the timber from part
of it for 800 per acre. The country is
full of chances for those who can afford
to wait to do nearly as well as that
You can buy coal tracts at the South
for $40 per acre which will sell for 81 L.
900 within twenty years for the coal
alone. iron, lead, copper, water power
and many other elements of value be-
side timber, are certain to enhance the
price of Southern lands within few
years. e9dT Btainia~
What we would urge citizen in mod
crate circumstances to do is to buy q
tract entirely within his means, have it
decided to his wife, SO as to place it be-
yond the casualties of trade, and let il
just lie until he shall be ready to occu-
py and improve it. You can buy tracts
mainly in young, thrifty timber, for S.
to S15 per acre, which will be improv.
ing in value yearly for the next thirty
years though not blow were meantime
struck thereon and you may soon sell
the timber from q quarter of your tracr
and have the land cleared, with til.
means of erecting decent buildings
g The South, the Southwest, as well al