Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1881-12-30
False and True ECONOMY.

The economies Of the manufacturer
and the economies of the farm have this
difference, In the first position they arc
closely calculated, and oftentimos glvo
rise 20 o seeming paradox, inasmuch as
we SEQ increased expense incurred In
order to secure economy. The economy
Of the manufacturer does not always
mean o saving in expenditure, but It is
closely calculated with reference to
means and ends, and the question is
decided by tho net results. The econo,
mics of the farm can usually be defined
as sduinq--as the avoiding of paying
out money. In the ono case we may
have external appearance eofexpenditure, of
but q resulting gain acquired in the
cheapest manner "a true economy); in
the other case, an appearance OF non
expenditure OF money (an external econ
emy), but really waste. Is the person
who manufactures products on the farm,
from the raw material furnished from
the soil, SO different from he who manu-
factures from the material the farmer
supplies that the same principles cannot
applyP Well, yes. The farmer has
heretofore had such small risk that he
has allowed himself to drift in the cur
rent Of events, and has in all cases Sc
cured living; and not being compelled
to calculate closely and largely and
liberally, has become welded, in way,
has, on the other hand, had to make
large investment, and then has been
compelled to protect the Investment
through the constant exercise OF his
wits, and hence he has developed HIM
self into one who seeks to control events,
rather than q mere tloater, bobbingi up
and down in the surges which accom-
pany the worlds progress. Yes, there
is difference between the farmer and
the manufacturer, but there is no diff
ference between the principles which in
either case should apply. .j.
As population increases, competition
increases, and as farming gets older,
more difficulties are to be overcome.
There is at present more need of busi-
ness principles being used on the farm
than there was q generation ago. As
population becomes denser, more peo-
pie have to maintain themselves on the
same areae---there is q crowding of the
weaker to the wall. Capital and intelli-
gence find larger opportunity, and fore
thought becomes an essential. The
farmer who applies intelligence and
forethought, and meets progress in or
der to reap all the advantages OF his
position, becomes an interested capitalist
In the soil. He who jogs along in the
old-time rut which was formed under
conditions of scant population and vir.
gin soil, finds himself remaining in pov.
erty, and his children becoming com
mon laborers. In the Old World, under
other conditions in part, yet under con-
ditioss which have a l2SeLess to these O
growing country in time must meet, We
find the outcome defined as farmers and
peGSantry.
Yet progress brings compensating ad
vantages. The press ever thrusts Asell
into the farmers home, and not only
brings to his attention the facts which
are to regulate the disposal of his work
and offers opportunity for comparison
with others in the same field, but is edu
cational-the private tutor for eacl
home--showing him the nature of tn,
economies which a growing age re
quires, and, through furnishing q sue
cession of facts, the trustworthiness o
its teaching. We are now in county il
which changes follow rapidly-the worl
of generation is condensed within
few years, and the young farmer is still
young when he finds himself met b.
new combinations which require of hin
corresponding change to meet. HI
can not follow the methods of hi
father, nor even his own method of
few years ago, if he desires to meet witt
full success.
These circumstances which accompa
ny the transformation are to be faces
through the exercise of modern econo
my; not the old economy of refrainint
from spending, but that which can b
defined as spending to save. The buy
ing OF mkchine is often an economy
The purchase of thoroughbred stock
often an economy. The subscribin
for newspapers is always an economy
The old New England term of thrii
covers numberless economies.-Nationo
Liue Stock Journal.