Mexico Missouri message., 1918-01-17
TWO DOLLAR WHEAT
This Price viii Hold for Some
Years.

A we'll advised commercial authorlJ
gives 1t as his opinion, "as $40"
descent may be counted on In the
prices for grain when the war ends
It may take several years to restore
the worlds stock Of foodstuffs to nor
mal-there Is good ground for conn
dence in the outlook for rapid devel'
opment In agriculture"
If this be correct, 1t follows that
the profession of farming Will mate
rally increase its ranks In the next
few years.
Today, the price of wheat Is set by
the United States government at S2.2o
per bushel, and in Canada the price
has been set at 1921. This, OF course
is less freight and handling charges
which brings the average to the farm
crs at about $500 per bushel. This
price will pay so long as land, mate
rial and labor can be secured at rea-
sonable prices. 1t remains for the
would-be producer to ascertain where
he can secure these at prices that VIII
make the production Of grain protit-
able. He will estimate what price ne
can afford to pay for land that VIII give
him yield of wheat which when soiu
at $500 per bushel, will return him
fair profit. Local and social condl-
tions will also enter into the consldern-
ton. Finding what he wants he woulu
be wise to make his purchase now
Land prices In some portions OF the
country are low, certainly as low as
they will ever be. City property ana
town property will fiuctuate, but farm
property will hold its own. The price
of grain is as low as 1t Will be Ior
some years. Therefore 1t would De
well TO look about, and find what can
be done.
There are doubtless many opportu-
mites In the United States, especially
in the Western states, to purchase
good agricultural lands, that will pro-
duce well, at reasonable prices. If the
would-be buyer has the time to inves'
tigate, and that is needed, for these
lands do not exist in any considerable
area, he would be well repaid. Not
only will his land certainly Increase In
value--the unearned increment woulo
be an asset-while under cultivation he
can find nothing that will give better
results. He will at the same time be
performing q patriotic act, needfu
act, one that would meet with the foot
controllers plea to increase agricul
tural production and assist in reducing
the deficit of rs million bushels O.
wheat reported by the controller.
In addition to the vacant lands II
the United States which should b.
brought under cultivation, Westerl
Canada offers today the greatest are
of Just the land that is required, an
at low prices-prices that cannot las
long. Even now land prices are In
creaslng, as their value is daily becOn
ing more apparent, and their locatio
desirable.
AS to the intrinsic value of Ian
in Western Canada, hundreds of cor
crete cases could be cited, which G
to prove that at fifty and sixty dollar
per acre-figures that have recent
been paid for improved farms-th
crops grown on them gave profit
from twenty to thirty per cent an
even higher, on such an investmen
One instance, is that of young Eni
lishman, unaccustomed to farming b.
fore he took his seat on the sulk
plOw with which he does most Of hi
work, after allowing himself $1,000 fc
his own wages last year, made prof
of $4,000 on a $4,000 investment Ill
total sales amounted to $500 and HI
expense which included the $1,0C
wages for himself, was $500. III
interest was liz per cent.
To the man who does not care
buy or who has not the means to pu
chase, but possesses wealth in his oW
hardihood, his muscle, and determin
ton, there are the thousands Of FRI
homesteads of which he may have IL
pick on paying an entry fee of t.
dollars. These are high class Ian,
and adapted to all kinds of farmin
Send to your nearest Canadian Go
ernment Agent for literature, desert
tive Of the splendid opportunities tn
are still open in Western Canada. Ad
Needs Chance.
,,,ritne MrS NJ