tendency to bring that orchard into a condition--I am speaking now, you understand, of the pecan---where it will be susceptible to disease and winter-killing. If you have followed me as far as I have gone in this, you will begin to see at once that the men who are going to be successful in solving these problems are the men who are going to learn the game. Among the human family, you know, we have a stock phrase that we use sometimes when a man dies and we don't understand the cause of his death. We say "He died of heart failure." That is a convenient thing to hide behind. "Winter-killing," to my mind, is another such term. It is used, for instance, in a case where an individual tree, for some reason or other not quite understood, "passed away." (Laughter.) I have been fifteen years in the growing of pecan trees in the South, and I am free to confess that the most disturbing element in my life at the present time is the fact that we "have known so many things that weren't true." We have gone ahead fully believing that our course was justified, that it was well digested, desirable in every way, and suddenly waked up to find that we were radically wrong, or, at least, that there was a very open question as to whether we were not absolutely wrong. To the person of limited means the idea of being able to produce a nut orchard at very little expense is very attractive, and my heart goes out to people in that condition because I have been in that condition myself and passed through it. Ten years ago I bought a piece of land for forty dollars an acre, and planted seventeen pecan trees on each acre. It cost me twenty-five dollars an acre to lay off the land, dig the holes, and plant the trees nicely, with about a half pound of bone meal mixed in the soil in each hole. I carried that nut orchard on, using some inter-crops, up to one year ago, when it finished its eighth year of growth, and, without burdening you with the minute figures, I am going to say we have sixty-five dollars charged up to it, and it will take $185 more. Now, there is $250, if I haven't made any mistake. I planted among those trees nursery stock, and I sold off, during the time that those trees were growing, nursery stock to the value of, we will say, $250, making my inter-crops pay the expense of cultivation and interest on the investment up to that time. So don't forget that. Now, this is a case where we are going to balance our books, as every business man does, and every farmer ought to. I have, up to the time those trees were eight years of age, invested approximately $250, and have received back not only that, but the interest on the investment. So, at eight years of age the orchard cost me nothing. Now, that would be the way a great many people would figure that proposition. I can't do it that way. I am going to charge that orchard with $250 an acre for supervision. Now, above that line (indicating on black-board) it looks as though that orchard