Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1874-01-21
AGRICULTURAL.
The Panic and the Farmers.

The late financial panic will ultimately 10
f,rmers no harm. l thiuk it VIII d. Us soo'' :
WAS in Wall Street the morning after the an
rouncement that the Secretary OIL the treasury
would buy no more bonds The last nope was
,oro The officers of savings banks who h4'u
rusbed to New York to get the srocneaehs Tor
,,oir bonds we're obliged to 60 back without
them. They knew that run np'n taem "O"''
conpel all the banks to suspend.
LEARNERS mus, be taught, said pans oi-
6cer 8. that when they lend us money "e-uo
not keep it idle in the bank, and that 'ney oi"
not get it back again at moments notice
All Of which is very true. But if farmer
owes A bank, he must pay promptly pane OF
no manic. As rule, Il farmer had be'ter i'iNea'
his money in improving his farm. have KNOWN
a f,rmer who had money in the bank give MS
note for n moving machine. lie got SIX per
cent. from the bank. BY paying cash Tor the
machine he could have got ten or iit'een PSF
cent. for his money. A..
An financial men are now looking 10 tne
farmers to help them out Of their dllhcul'ies II
il AN evidence of returning sense. 1t is pleas
am IN have the fact recognized that Agriculture
Is the chief basis of our national wealth. l
think. however, that many of our copmercial
aud financial men take only a superficial we"
of the situation. They talk about there DeihS
air hundred millions dollars worth OIL farm
nroluce TO sell, and are looking to this for re-
lief Let il be SO. 1t will keep things moving
But il should never be forgotten that 'ne pros
perity of manufacturer or farmer uoes ho'
depend solely on the amount Of his sales, Out Oh
the profit he makes. e., .,o
Are farmers making living proht on the
produce they raise and SELF Business ihoh
would do well to ask themselves this question:
l. IL worth sbile for the stockholders and bohd
holde, Of our railroads to look into this matter
They had better not kill the goose that lays 'he
| golden egg.
But il Il not for me to discuss financial an
commercial questions. My business Is to 10 o., al
| | can to make farming more profitable Inc
| Deacou and talk the matter over ana osel
again He has very litleflith in farming ii'
lnoks upon it rs II sort Of necessary evil far'
mcrs do not fail. They have usually goou
health, good appetitcs, and good Digestion anC
us rule manage to get plenty 10 eat pu
that is about all.
Now, when get hold Of an intelligent, active
industrious, entcrprising young farmer liFet'
saw to him that there is IL brighter SIDE 10 'hi'
question. 1t is quite true that farmers as
class are not making much profit by raisiht
crops. All they think about is how much thcl
have TO sell and what it will bring in They III
not calculate the cost of raising, harvesting ah'
marketing, ard whether they are working at
loss OF making profit.
| Now. would like TO say to young FARMER
| 1t is little use for you and to try to hhNahc
priccs. We shall have to take whit we eau set
Fortunately, there are good many men vii!
ing to try to make living b. buying and sell
ing Thelc is competition enough, rs u RUE
to secure us, taking one year with anO'htr' Al
that our articles are worth Our business is +
raise the best articles at the least cost. Tax
such simple crop rs potatoes heard ta'
mer say the other day that no money could D
made by raising potatoes at % cents bushe
II never seemed to occur to him that il he raise
poo bushels per acre Instead of lO0bushcls tina
he could make more actual profit from one acr
than from five. One of our Rochester nursery
men raised crop of white wheat this year thu
Welded 40 bushels per acre, while the ayerae
of the county would not yield over ID bushe
per acre of red and white wheat together II
millers would pay 10 to 20 cents per bush
:, more for this choice white wheat than for ord
nary red wheat, and this in itself is goo
proiit. The ordinary crop Of rcd wheat OF
I bushels per acre would be worth 4 10; while u
4O-bushel G. CD of white wheat would. sell Il
S75. If the crop of red wheat affords an
- nrofit, how much more would the crop OF viii
> wheat afford +? Figure the interest and tax
on the land, the cost of blowing. harrowin
o drilling, seed rcaping harvesting and threshln
Cor. Am. LyricuHurist.