literature, and all these people that have been inveigled into these promotions in the South are going to be disappointed. That orchard in the photographs is eight years of age, or will be this year, as it was planted seven years ago last February. It has never paid a dollar of profit. You won't find any literature on nut orcharding in the South that will convey any such impression as that. I do expect it to pay this fall a small margin of profit. I won't attempt to explain all that but will say that an orchard must be eight or ten years of age before you may expect or hope for a reasonable profit. After that it ought to pay well. It is well worth going after because it is one of the most legitimate, safe, satisfactory business opportunities we have ever found. I don't know anything that pleases me more as a business man than the growing of a large orchard of nut trees, and I assure you, gentlemen, you must bring to that orchard the same degree of skill, energy and patience that must be brought into any large business proposition to make it a success. My own idea is that the nut orchard is a legitimate part of the general farming operation. If you travel from one end to the other of this country you will see that it is covered with apple orchards. Small apple orchards were a part of the original farming operations. The fact that they have been neglected does not alter the situation at all. If the owners of those orchards had given them proper growing conditions, they would have been successful. In the same way I say the successful nut orchard is going to be a legitimate part of the general farming operation.