Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1922-03-03
WHAT
n WORTH
ClarkSdaIe Nan Classified Them
According To System
lBy Y. CIark

Clarksdale Feb, 22-I once said to
an English farmer, What are lands in
this community WORTH
Woodend looked at me in some sur
prise.
(Which lands" he inquired.
well lands generally
1T depends upon the lands, All the
fields in this community are known,
and their rental value carefully esti-
mated. They rent from five shiiilngs
to eight pounds per acre.
Eight pounds-tforty dol'ars!" II
exclaimed. do you mean to tell me
that you have lands that rent for $40
an acre."
Indeed yes. Lord Rosebury has
lards near Melrose that rent for twen-
ty pounds-one hundred dollars in
your money"
It's no wonder after this experience
that | have been much interested in
land values. Of course We have ali
heard of that little thirteen acre vine
yard in Austria which before the world
war, earned $4,000 a year. | can't
help wondering who got it after the
smash came. Anyhow, that land, on
a basis of five per cent must have
been worth dangerously near $1,000
000-and a man could almost buy the
Panhandle for that sum.
Values in France
In France, according to the Encyclo-
pedia BRITANNICA, the average value OF
lands, good, bad and Indifferent
and there are millions of acres both
bad and indifferent-is $145, exclusive
Of buildings and improvements.
In Egypt, according to Todd, good
cotton lands in 1918, often bought
more thar 81 1000 per acre, and Harris
Dickson found farms there valued at
$500 per acre.
Perhaps the most painstaking and
systematic investigation Of land val
uas ever made in America was that
Of Hopkins. the Illinois corn-breeder.
Hopkins rightly insists that lands are
like bank-stock; They must be valued
on what Yields they bring. Therefore
he avs that with corr, at 40 cents a
bushel. corn lands are worth accord
ing to yield as follows;
20 bushels, S12.8l
40 bushels, $11G.36
60 bushels $4,000
so bushels, $505A5
100 bushels, $4,000
Smiths Classification
Noy Martin Smith has given some
thought to the question Of values OF
=, cotton lands in the Delta. and he
, classifies them according to a sys
ten of his own, by yield of lint pei
: acre as follows:
. 200 pounds lint, walk
, 225 pounds lint, mule.
| $50 pounds lint, Ford.
/ 275 pounds lint, Dodge
5 200 pounds lint, Studebaker
325 pounds lint, Packard.
\ 500 pounds lint, liar
While this classification viii doubt
}. less afford some information to ~
: tomobile dealers. it is admitted the
. it lacks definitpness. Herewith of
d fer a system of valuations for Delt'
] cotton lands which ! think is sound
k | have had it checked by a couple o
u men whose opinions carry weight
t and they agree to it
e With cotton at Is cents per pount
e Delta lands are worth by yield a
t follows:
200 lint, $4,000
800 lint, $241.85
$50 lint, $333.14
Egypt Sets Example
; On this point, the experience o
I Egypt is worth considering. The gov
! eminent became tired of preaching
land-building to the farmers, ard pas:
ed a law forcing them to put one-hali
Of this land in cotton, and the Other
: half in clover. The result was tina.
, the average production Of cotton ovel
: the entire country rose to $50 pound,
u of lint TO the acre. If that result fol
lowed in the Delta, then our land.
would be worth $5l4,70 per acre.
The attention Of local bankers in re
= spectfully called to these figures,
suggest that they meet and pass Thu
following resolution:
"Whereas, we are tired Of bein,
scared: and
8, Whereas, we are net in bushes
8 for our health: now therefore:
d "Be it resolved that we, the resi-
d dents of the several banks Of ClarRs
dale advance all lame ducks S1,00 ne
acre for every acre Of land in cultiva
o ton for the next three years for buy
) ing peas; and
"Be it futher resolved that thes
Ii peas be plarted and not bootlegged.
The only disadvantage ! see to tn
le scheme is, that it viii bring Stoke
/ Robertson back into the community,
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lie TRY THIS ON. THE RANGE
N r. II .rx,l1 80,