, 1872-11-25
THE FARM AND GARDEN.

| The Price OF Farm Products, and. the
! Money Market-The Remedy that
May Reasonably Expect Ten-
ant System.
From Our agricultural Correspondent.
| CHAMPAIGN, H., Nor. %, 1872.
| The low price Of farn-products continues to
| attract attention, not only among farmers, but
al classes Of business; for itreaches the pockets
of all. The reason for this is the broad fact that
the rural population, having preponderance Of
numbers. make up the largest number of con-
suners Of the products Of the ao-ca1led skilled
industries; and, when their resources are
cut off, or even crippled, the effect
is soon made apparent in all other
departments Of business. Gradually the presen
trouble will disappear, though, no doubt in
its course, it will bring some important change
with it. Whenever money becomes tight as at
present, it is from the same cause. In the year
'62-3, we had the same srtingency, '110 cent corn
and cent pork" The low price Of farm pro-
ducts put it out Of the power OF the rural popu~
lation to make their usual purchases, and money
did not return from the country, but was hoard
ed by those who had the power to hoard it, while
the small amount received went to pay for alb
solute needs, the paymentof old debts and taxes.
Not that there is less money to-day
than six months ago, but it
has ceased its usual rapid flow.
It is the difference between the man who ham
dies his cash half-a-dozen times year and the
man who handles it but once. Let see how
this is: 4 has $4,000, and starts in trade in gro
ceries. He sells for ready pay, either in cash or
farm m-produce, and thus turns his $4,000 over
once month. He is enabled to buy for ready
pay, and buys cheap; not only that, but is able
at all times to keep up his stock to it's maximum.
He thus handles his capital twelve times year,
or an aggregate Of 924000 B, at the same
time, makes purchase Of 1924, 900, and sells on
becomes broken, for the reason that be could
not exactly foresee the actual demand for
varied stock Of goods, and he has many 1nsal-
BILE goods on hand With many slow, if not bank
capital but once, and is an old fogy beside a,
who, with one-twelfth as much ready cash, has
done the same amount Of business. It is THUS
that active business makes money plenty.
We see the same thing verified with . small
farmer who pursues mixed husbandry Of farm,
orchard, and garden products; for he alwaysh has
something to sell, to meet his current expenses.
Like the small, prompt business man, who is
careful to keep only. such goods as are in de-
products as are required in their season, and to
the extent that q prudent forethought may sug-
gest. This class Of men make little complaint
in regard to hard times for they are in the habit
or paying as they go, and do not Ike to run in
debt. On the other hand, the farmer who
grows the great staples that find
habit Of anticipating their incomes, or what is
called running an account at the stores. When
they come to the day Of settlement, they fnd
these bills have grown much beyond their antici-
PATTON and, if their crop is short or prices low,
they are placed in an unpleasant position but It
is simply overtrading o. oYerdrawing the 'in-
come and h8rd times 4re the result. It is no
more than occurs to all other people who over
draw their income; !. but as it occurs at the same
time to so large class of our people, it must of
necessity affect those whose interest is go closely
allied to this one Of the cultivators Of the soil.
The remedy for this condition of things con
not be applied in day or month, but must
have also q moral growth; that is, our habits