As already indicated, most young men will need in some form or other to employ more capital than they possess when they start farming. They must, therefore, determine what is the best form of obtaining the necessary capital, viz.: whether to borrow the money on a farm mortgage, or whether to use the capital someone else has invested in a farm by paying him rent for it. The conditions of tenancy in this country are often not the most fortunate, yet the young man of character may well find, for a time, at least, it would be best for him to rent a farm and invest his own capital in the necessary machinery and live stock to conduct it properly. Much will depend on the character of the arrangement which may be made. Usually more favorable terms can be secured from landlords owning large numbers of farms than from the owner of one or two farms. The large landowner is content with a moderate income from each farm, because in the aggregate his income is sufficient for his needs, while the retired farmer who must live off the proceeds of a single farm is apt to drive a hard bargain and may not be over particular concerning the maintenance of said farm. The writer knows a farmer who owns a good farm purchased from the proceeds of a rented farm. He continues to live on the rented farm and rents his own, because, it is said, his landlord is willing to make him more favorable terms than he makes to his tenant. The more capable the tenant the more favorable the terms he may exact. Certain tenants are in demand and can have their choice of farms. A prosperous-looking man was pointed out recently as an example of a tenant capable of buying a farm in one of the most highly developed counties in the United States. It was stated that as a renter he could have his choice of any farm in the county, but that he did not have a dollar invested in farm land. Possibly he invests his surplus earnings in stocks and bonds. It is not the present purpose to determine the relative merits of the different systems of land tenure, but to try to be helpful to the beginners by discussing the usual practices in order that he may know whether the arrangement he is considering is customary and whether it is likely to prove satisfactory. Every third farm in the United States is rented under one of three methods: 1. A definite money rent may be paid, ranging from $2 to $6 an acre for land on which the ordinary, staple crops are raised. Perhaps $3 to $4 is more commonly paid for such land.