The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-09
FARM AND
GARDEN ~
INTERESTS
Farming Pays Him.

Express.
To take up, first, old-fashioned farming,
as the growing of corn, the small cereals,
potatoes, hay and tree fruits is termed, and
Huntington township, of Suffolk county, for
illustration, and the simple, faithful atten-
ton to common-sense application of indus
try to the susceptible soil of that district
the individual case of Charles Reeve, at Half
Way Hollow Hills near this place, shows
that not only good living for the farmers
family, but sufficient profit for the acquire
ment, in due time, of a beautiful, securely
established homestead Is the farmers re-
ward.
Mr.. Reve started out in life with the CAPT.
tai nature bestowed only-health and
strength and the determination to apply
them to accumulative results. After work.
ing his affairs into a shape to take on shares
efficient wife and helpmate and his eldest
son, started in line of work which soon
enabled him to take the farm, some ninety
acres, OF arabic as well as wood land, on
fixed money rental Becoming possessed of
enough controllable cash to make a first
payment ne effected the purchase of the
property
Under the consciousness that his tenure
of the property was then permanent, prog
fesS became more pronounced. He planted
peach orchard, which in three years be-
gan fruitlng. and has since yielded 5000
baskets OF superior fruit in a year. Other
crops have .proportionately rewarded the
industry of himself and family, and about
year ago he made payment of the final
amount of the price of the farm.
AS Long island properties now being
eagerly sought in purchase, Mr.. Reeve was
approached recently with the proposition
OF $1,000 in cash for his property. The sum
seemed attractively large, but he gave no
definite answer at the time. friend of
his, learning of the proposition asked him
% ~
He replied: My wife and l have worked
so hard and so long that we thought 1T
would be pleasant to have the interest on
the $1,000 and live on a little place We own
outside of this one"
Mr.. Reve had not long before mentioned
that even in this in many particulars unfa-
vorable farming season he has cleaned up
about $1,000 in cash besides the living his
family, those he employed and his stock
have received from the farm. Beyond that,
his buildings hold ample subsistence for all
those months until another seasons crops
mature. His friend then asked him If he
eomprehended that no no absolutely safe in
better rate of interest than per cent. per
annufn, to which he replied that he did. The
four members of the family he must pro-
vide for. which had heretofore been sup
ported from the farm, would not cost else
where 50 each week, he replied. fully
that The friend then made the following
computation: Cost of living of four per-
sons at $40 week. derived from the farm
$40; profit of the farm in cash this year.
$1,000; together. 5000; interest on S12 OOO at
5 per cent, 5000; loss per annum in sale of
the farm, LAO. which Mr. Reeve admitted
was justifiable calculation in comparison.
There is no doubt that other advantages to
that family from the farm, of which no ac-
count is kept and no credit given to the
farm, would. If they had to be paid for.
swell the ascertained sum of 5000 ma
terially; therefore, as that sum repre-
sents fully IL per cent. on the value of the
principal of the establishment of Mr. REEVE
say, with stock and other equipment, $l5,-
0OO-he may safely estimate the returns of
his property at 10 per cent per annum.
How many of the men of Mr.. Reeves age
who have conducted the other pursuits In
which they have engaged can make better
exhibit of a continuous rate of percentage
| with the possession of guaranteed home
| and support to the end of their days?