We look at a great industrial enterprise, such as the steel trust, and marvel at its success. But it must be remembered that this industry started many years ago, and step by step built furnace after furnace and mill after mill, after the owners had tried out and become familiar with all the factors of that industry, and after great corps of trained experts had been developed, and after science had given to this industry many of the most marvelous mechanical inventions of the age. These facts are overlooked, however, when some fellow steps up and proposes to put a steel-trust-orchard on the market in twelve months. In most industrial enterprises there are well-known and established factors to be considered. In horticultural enterprises, however, no man knows what twelve months hence will bring. I read the other day with great interest the prospectus of a great pecan orchard started several years ago by a very honorable and high-minded man, and the promises of success were most alluring. What are the facts? The boll weevil came along and wiped out his intermediate cotton crops. The floods came later and destroyed acres of his orchards, and, if he were to write a prospectus today, it would no doubt be a statement of hope rather than a statement of facts. He would no doubt turn from the Book of Revelations, where at that time he saw "a new heaven and a new earth," and write from the Book of Genesis, where "the earth was without form and void." How many people have been defrauded by these various schemes, no one knows. How many clerks, barbers, bookkeepers, stenographers, students, preachers, doctors, lawyers, have contributed funds for farms and future homes in sections where they would not live if they owned half of the county. How many people have been separated from their cash by literature advertising rich, fertile lands in sections where the alligator will bask unmolested in miasma for the next fifty years, and where projects should be sold by the gallon instead of by the acre.