New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1913-10-11

" iltl Y ->oi"lt ~ "''''f''
soils and healthful congenia
climate, civilization advances
most rapidly. and land values EN-
hance accordingly. A distric'
where these natural conditions
are conducive to diversified
agriculture is to be highly pre-
ferred over that situation which
is limited in it's products; and
the higher the variety OF pro
ducts which can be successfully
/ grown the greater is the wealth
of the community. Southern
California affords striking eN
ample of a situation in which
climate i. selling for more pei
acre Than land. The reason is
simple, and is due to the fore,
sight Of the pioneers who took
advantage Of the latent posslbll.-
ties there existing and created a
condition so desirable in semi
tropi. surroundings that earning
capacity of the land is not con
| sideled by the man who has the
means to crafty his desire OF
owning a home where the climate
is congenial, and where frult,
flower and shrub, of nature not
possible of production IN a rls-
orous climate, perennially abound
in endless profusion AS re-
suit land values have reached a
point where only the rich can at
ford to own a nome there. Inc
investor should not permit the
glamor of gross yields to cause
him to lose sight Of the expenses
incidentally to such production,
and also certainty of good mar
kots should be given equal con-
sideration when deciding upon
anv agricultural pursuit TO
sum up in a few words, the III.
yestor. knowing the amount OF
money at his command, should
seek to place it in a proven sit
uation: labor should be cheap
and plentiful; the expenditure
necessary for equipment and
buildings should be nominal as
they have no earning capacity,
and the least possible expense
should be incurred in preparing
the land for cultivation. lie
should also bear in mind that 1t
is always best to grow crops
which are staple and on which
he can be assured Of good prices
at harvest time, also chose when
are least subject to damage Dy
the elements. Furthermore, II
is wise provision to put IN Guilt
walton every acre purchased, thus
reaping a double profit, that Is,
that which is sure to come from
the increase in value OF the iand
and the profit from crops. ana
last but not the least, he should
be sure that good water and
healthful climate prevail. IL Is
. matter of common knowledge
that in old established communi-
ties land values have reached the
point where they are entirely out
of reach of the poor man, or even
the man of moderate means. In
fact as an investment. such lands
pav an average Of barely three
Der cent per annum, but they are
safe" The earning capacity
of such lands is not sufficient to
permit the homeseeker to buy on
time and trust to the farm to pay
for itself. He must have sufh-
cient funds to pay all each
or must take the risk OF an
off season of failing to meet his
deferred payments and thus
lose his original investment.
This condition renders 1t nee
esSary for the homeseeker to seek
new lands where prices are based
on the proved earning capacity
of the lands. In this he should
proceed with extreme caution.
Promises for the future are for
the specular alone, and the home
seeker should buy on the strength
of proven results as he can at
ford to take no chances. tic
should early learn to distinguish
between the "Land Seller and
the "Colonizer." Mere change
of ownership does not necessar'
ily mean the development OF a
new country, and without stead!
consistent general development
the homeseeker must certainly
come to failure.
It is a deplorable fact that q
great many of the land PROPOSE
tions which have been Offered
to the public have been operated
by concerns who worked on
land selling basis only, with lit
tie or no future thought for tn
future success to the buyer. II
striking contrast is the work o
the Colonizer. Though few II
, number, these concerns hav'
done great work during the pas
, few years in turning virgin soil
and cattle pastures into snbstan
, tial. thriving agricultural com
munitieS, thus providing home
} for the multitude and addin
greatly to the wealth OF tn
? world. Without exceptlo
, these concerns have owne
: large bodies of land outrigh
5 and instead of taking thel
3 profits from land sales and qm
8 ing the country, have re-investe
4 the money, derived therefrom
!, permanent land improvement
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