Catholic Colonization in Minnesota: Revised EditionCatholic Colonization Bureau
History
Catholic Colonization in Minnesota: Revised Edition
Catholic Colonization Bureau
Agriculture -- Minnesota; Catholics -- Minnesota
Three horses $375 00
One sulky plow--seat for driver, breaker attachment 70 00
Seeder 65 00
Harrow 12 00
Harvester and self-binder 285 00
Horse rake and mower 125 00
Wagon 75 00
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Total $1,007 00
N. B.--It is calculated that the grain saved by the self-binder over
hand work, pays for the wire used in binding, and in labor 50 cents an
acre is saved, besides the board of two men. We will soon have twine and
straw binders perfected, an improvement which will do away with the
expense of wire altogether.
With a sulky plow and three horses, our farmer breaks 100 acres of land,
and puts it under wheat the following year.
He has been already at an outlay for horses and machinery
of $1,007 00
Seed wheat costs 150 00
Shocking and stacking 70 00
Threshing and hauling, using his three horses, 10 cents a
bushel 200 00
---------
Total $1,427 00
CREDITS.
2,000 bushels of wheat $2,000 00
Hay cut by mower 200 00
---------
$2,200 00
Expenses 1,427 00
---------
Balance in favor of crop $773 00
Now, it will be born in mind, that we have charged the first crop with
horses and machinery, property that, by right, should come under the
head of capital; we have charged it with what will work the farm for
years, and help to produce successive crops, not of one hundred acres,
but of two or three hundred acres; and yet, with all the charges, the
crop shows a profit of $773.
What other business can make such a showing as this?
As a matter of fact, all the ready money the settler will require to
provide himself with machinery, will be ten per cent. on the price; for
the balance he will get two years time at 12 per cent. interest.
GENERAL REMARKS.
Public-domain text, read in full here on John Shaqi.
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