The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1914-12-08

SIXTY cents year on the acre and
that is not a very big sum-
But suppose the farmer is a man
VINO mas bought the farm and paid
q hundred and fifty dollars for it. His
interest charge is nine dollars an acre
on lnat Iarm, and his taxes are big
ger IN proportion because he has mt
q new rating on his farms value.
The chances are that he does not use
all the land to make crops. so the
land that is titled must pay the in
terest charges on the land that is not
titled, and counting one-fourth of the
land as idle for wood lot. water
courses, roads. and waste land there
is an annual fixed charge each wear
lars.
That is to be set against about a
dollar Of an interest charge Oh a
North Carolina farm bought at fifteen
dollars an acre. Maine, New Hamp-
shire and Vermont are the only States
OF the North that have farm land as
cheap on the average as the farm
land OF North Carolina Anybody
who has ever seen those States knows
| why the land has low average price.
Some Of the land is good and it is
| high but the poor land makes the
| average low.
Georgia, Alabama, and Mississippi
are Southern States with land as
| cheap as that in North Carolina
Texas and Arkansas have some lands
| cheaper than North Carolina, but the
Pacific coast, the mountain States and
even Utah, Arizona, Colorado and
Idaho put higher value on their in
| hospitabl arid lands than North
is that people pay the money.
| Sandhill Land Cheap.
One Of the reasons the Sandhill
country has come to the front so rap.
idly is it's cheap land. The people
of this section have made known to
people everywhere that land here
could be had for little money, and
that little money is shown to be q
good investment. If land in Iowa car
invested in q farm the interest run.
ming from ten to twenty dollars OF
an acre of crops produced, land il
North Carolina starts out at the be-
ginning with that amount of intereS
charge in it's favor.
At present prices 1t Is doubtful i
farms In the States where land i
high can pay such interest chargea
and make any money unless prices Q
probably a safe statement that mel
who are buying farms in the State
where land Is high are not likely t.
, find the purchase very profitable un
, til the cheaper lands are stopped from
raising cheaper products.
; Or, if we go at it the other way
, II the man who has bought the high
, priced farm can make money a1te
paving his interest charges the maj
who has no high-priced land to figur
interest on can make much more t
the acre with the same outlay.
Low Land Prices an Advantage.
One OF the biggest advantage
North Carolina offers new settlers
the present time is the low price Q
, land. II land can be held down 10
a few years that advantage will be Q
inestimable value in developing tn
resources of the State. The tremend
ous advance in land values through
ont the United States is one of the bl
problems that confront the whole peo
Die now, for the investment i'll Ian
affects the price Of products from IN
! land. =.
r farms Of the United States had in
: creased from thirteen billion dollar
{ TO over twenty-eight billion dollar
I or a bigger increase in ten years tina
D in all the four hundred years sine
0 Columbus came. The increase in Vaiu
. Is still going on.
II the rate OF increase 10 e..c o<a.i
!, , now as during the preceding te
= years we are adding to the farm lano
q of the United States each year pr1c
OF q billion and half OF dollar
and that simply means We are fe
ouiring people who want Iarns
0 nut up that added amount OF none
r each year before they can get farm
I In the ten years Iowa added over
I billion and half to the price or IN
a farms I'm the State. Illinois pushe
prices up an equa! ngure, and Texa
: tContinued on page Two