That property value is immense. In the beginning of 1905, the Agricultural Department estimated that the (taxable) value of the horses in the United States was $1,200,310,020, and of mules $251,840,378, or a total of $1,452,150,398. This is only about eight per cent less than the aggregate value of the cows, beef cattle, sheep and hogs in the whole country. Merely, therefore, from an economic standpoint this question of preserving and increasing the value of horses is one of prime importance. At this particular time it is a question not only of increasing, but even of preserving, this value, for new agencies are coming into competition with horses for many purposes and are being substituted for horses in many others. The automobiles and the electric tramways are not merely passing fads. They have come to stay until substituted by something else which has not yet swum into our ken. The common horses will soon be obsolete except on our farms, and even on the farms they ought to be given up, for, notwithstanding all the great breeding establishments in the various states, by far the greater number of the horses are bred on the farms at present. That should always be the case; but it may not be so when the time comes that is rapidly approaching and a common horse will have next to no value at all. Farmers more than others need to realize that only such horses should be bred that will have a value for other than strictly farm work, for a farmer should be able to sell his surplus stock with a fair profit. If farmers have not the foresight to anticipate the inevitable, then they will have to accept the loss that will surely ensue. Every breeder whether farmer, amateur or professional, should breed to a type. Any other method is merely a haphazard waste of time and money. When I say breed to a type, I mean always a reproducing type. There are several such in this country, a few of which belong to us, though most of them are of foreign origin. The Thoroughbred is English, the Percheron is French, the Hackney is English, the Orlof is Russian, the Clydesdale is English, the Morgan is American, the Denmark is American, the Clay-Arabian is American, and the standard bred trotter a kind of “go-as-you-please” mongrel; nevertheless he is considered by many the noblest achievement of intelligent American horse breeding. When any one goes in for horse breeding on either a small or a large scale, whether with one mare or with one hundred mares, he should, in selecting mates, always strive for a definite type in the foal. If intelligence and correct information be guided by experience the results are apt to be pleasantly satisfactory.