Planting stock

“ New types of stocks are needed badly. The ideal stock must be vigorous and hardy; fairly immune to leaf-blight and fire-blight; it must come from a species which seeds freely, and the seedlings from which are uniform; this ideal stock must be adapted to all pear-growing regions in the country; a large percentage of the seedlings must make first-class stocks ”

“ At present prices, after it is once established, a yield of one ton of hay per acre will afford a good profit, while yields of four and six tons, which are not unusual on favorable soils, make the investment exceedingly profitable. The present demand is much greater than the supply and bids fair to increase in greater proportion during the coming year. Its increasing popularity with the farmer is based upon sound business principles, as its value does not consist solely in its market price, but in its value as food for his stock and food for his soil. ”

“ If they judge by the market today, they are in danger of two errors: first, of overestimating the future demand, which may be satisfied before the new crop comes; second, of diverting from ordinary staple crops too large a portion of the crop-raising force. Common experience has taught that a high price of hops or onions or broom corn has almost certainly wrought a reduction of the price for succeeding crops below the normal cost. Still larger foresight is needed with reference to the raising of live stock, which requires more than a single season's investment of capital. ”

“ That this annual crop, being in the hands of the actual producers, is less affected by such financial fluctuations as affect other crops in other countries, and no such fluctuations can extend to the capital stock on which the annual crop is dependent, so as to limit the production or lessen its value from year to year. ”

“ This system of stock-raising would also solve the problem of maintaining soil fertility, just as it would bring relief to those sections of America where the policy of selling everything off the land and putting nothing back threatens disaster.
The old ridge system of growing crops, the rows thrown up as high as the little plows will permit and the crops planted on top, is the general practice here, and Mr. Parker is making an effort through the experiment farm to convince the people of the advantages of level cultivation. ”

“ No one is willing to pay decent prices. Putting materials in such condition that all the good points speak loudly at first, is one way to attract notice and sell later. If you find you can sell by shipping your goods the same points hold true.
"Another way to make money is to raise young plants for sale. Jack did this with his aster plants. Lots of people wish their garden plants partly started. They either do not have the interest, or else they have not the time for initial work. Asters, stock, tomatoes, lettuce, cabbage, pepper, celery—all of these may be started for market purposes. ”

“ In a self-contained farm—that is, one which raises sufficient food for the requirements of the live stock—ten dollars an acre may be considered a moderate investment for animals. If, however, the plan is to raise only the coarse feed, while the necessary grain as well as other concentrates is largely purchased, a farm may easily carry from $25 to $35 worth of live stock per acre. Lack of capital is one of the most potent influences in preventing a larger production of animals and animal products. ”

“ In fact we have to-day a profit-sharing plan between owner and foreman on many of our best plants. To extend such to each laborer requires more system and better superintendence, but it is feasible and must come. But, better still is it for the worker to own the stock. ”

“ They instantly rush into the business, flood the country with hogs and get almost nothing for them. Why don’t men take the hint? A moderate stock all the time, makes more money than that system which has none when the price is high and too many when the price is low.
Because one year, the wheat crop has been very large and fine, and the price low, not half so much will be put in another year. Those who are wise, foreseeing this fact and sowing largely, will, if the season favors wheat, reap a handsome profit. ”

“ Thus it is, that the farmer's work is being narrowed down, by the inevitable and beneficial law of the division of labor. The planter may now turn his attention wholly to the cultivation of the crop. How to order it, so as to realize the largest possible yield from the smallest possible areas, is now the problem before him. He finds given to his hands, a great and growing staple with great, and still unknown, possibilities, and he sees the demand becoming larger and more earnest, until now, the buyer comes to his very door, and puts down the ready cash for all of this crop that he has to sell. ”

“ But the two profits are essentially similar, and in the long run should be commensurate. In the one case, stock can be sold for a large profit, because it cannot be replaced except at a higher price; in the other case, plant and buildings yield a higher income because they cannot be replaced except at a higher price. Indeed, if the owners choose, the plant and building can, like the stock, be sold at their appreciated value, as has been widely done by the owners of cotton mills in Great Britain since the armistice. ”

“ I have not increased my plant during the past four years. My stock consume a little more than I can raise; but there are certain things which a farm will not produce, and there are other things which one had best buy, thus letting others work their own specialties.
If I had more land, would I increase my stock? No, unless I had enough land to warrant another plant. My feeding-grounds are filled to their capacity from a sanitary point of view, and it would be foolish to take risks for moderate returns. If I had as much more land, I would establish another factory ”

“ They speculate upon the chances of a favorable season and a good crop safely harvested; and they speculate upon the chances of a profitable market. They hope that the first two crops may render them the possessor of an unincumbered estate, supplied with modest buildings, and with a reasonable quantity of machinery and live stock. ”

“ The same class can purchase from these monopolists from the eighth of a section to any indefinite numbers of acres, with the same period to make payments. Thus they become much larger proprietors, and have sufficient quantity of land to augment trade by raising live stock, such as Hogs, Cows, Horses, Sheep; or the cultivation of Grain, Beans, Peas, Indian Corn, Wheat, and Hay, all of which are saleable, and when turned into cash enables them to pay for their land. ”

“ Stock-raising is a leading industry, but it has probably attained its full development. The over-stocking of the ranges has caused much loss in the past, and the almost total eradication of fine native grasses over extended areas. ”

“ The day is approaching when a man will pay for a western farm what he now pays for an eastern farm—the actual market value, based upon what the land, in expert hands, can be made yearly to yield. Values will rise to an even, normal level; earnings will settle to the same level; and the clam [Pg 214] farm of the coast and the stock farm of the prairie will yield alike—a living ”

“ You could get a growth of stock beets, field squashes, or pumpkins for stock feeding. In fact, the latter would give you most satisfaction if you have stock to which they can be fed to advantage. Sorghum is our chief dry-season crop, but that makes stalks like corn and would, therefore, be open to the same objections. Has it never occurred to you that people grow the common crops, not because they are stupid, but because those are the things for which there is a constant demand and the best chance for profitable sale? ”

“ Then as to seeds, why not buy them wholesale, and sell them to the small holder, also manures, and many other things which the small holder has to pay through the nose for."
"Men with no actual knowledge of land work would rarely succeed whatever financial backing they might receive."
"About here small holdings are usually let to men who have been tradesmen or pitmen, and they of course cannot be expected to make the most of them."
"When you restrict a farmer to 50 acres he ought to be provided with ample and proper [Pg 232] buildings for every kind of stock he wishes to keep." ”

“ The second has to do with the journey from mill to consumer. The first is usually called the Raw Cotton Market, and the second the Cloth Market.
The planter begins his work early in the spring. His crop is dependent upon his ability to secure and pay for the labor to work it, for the tools and machinery which are used, and his own expenses. Small planters are rarely sufficiently in funds to enable them to go through the growing season without financial assistance. They must borrow money, and they usually borrow it with the growing crop as a basis. ”

“ They may as well undertake to procure for him sunshine and rain whenever each would be agreeable. Every removal of stock from the other kinds of business in the country to that-of farming lessens the competition of capital in all those kinds of business, and thus raises the rate of profit. ”

“ They would have to buy dearly, and when they let go a certain amount of stock they would be bound to sell cheaply. A stock once formed might be held by the State with little or no disturbance of the corn market, although the existence of such an emergency stock would hardly encourage British farmers to grow more wheat. ”

“ Such land, too, is frequently purchased at a price below the value even of its natural produce. Stock employed in the purchase and improvement of such lands, must yield a very large profit, and, consequently, afford to pay a very large interest. Its rapid accumulation in so profitable an employment enables the planter to increase the number of his hands faster than he can find them in a new settlement. ”

“ As far back as 1849 it seems natural to find a plan for financing a mill, by which fifteen planters would take each $4,000 worth of stock, select a site near their plantations, each detail three men, making a building force of forty-five, with teams and an overseer and general manager, the latter one of the stock-holders ”

“ The wages, seed, keep of horses and cattle, the interest of capital invested in stock, cost of superintendence, wear and tear of tools, etc., would stand him in 8,000 scudi, or 80 scudi per rubbio. The earth returns sevenfold on the seed sown. If 100 measures of seed are sown, the return will be 700. The average price of the measure of corn may be taken at 10 scudi. Thus the value of the crop will be 7,000 scudi, whereas the same crop cost to raise 8,000 scudi. ”

“ The quantity of circulating stock in every manufacture is in proportion to the value of the raw material, and the wages of the manufacturer. But we have seen that the price both ’ of the raw material, and the wages of the labourer in all manufactures, are raised in exact proportion to the price of corn. More circulating capital, therefore, is wanted in that proportion to carry on every manufacture, and the reasonable profit upon this additional capital must be added to the price of the manufactured commodity. ”

“ He agrees to furnish so much cash capital at periods for the cultivation and securing of the crop, which is husbanded by the planter. The money for these advances he obtains from the banks; and hence it is that in every cotton-crop raised South there are three or more principals actually interested—the banker, the merchant and the planter. This condition of planting is almost invariable. Even the small farmer, whose crop is a few bags, is ground into it. ”

“ They also have a good feeding value for stock, and if you can expose them in the corral so the stock can eat as they like, this is the best way to get them into fertilizing form. If they can be cheaply ground their availability as a fertilizer would, of course, be quickened. ”

“ One-year-old stocks can be used, but two-year-olds are thought to be better. The stocks must be grown from northern seedlings. There is no place in the North for the southern stock, and right here let me suggest that the individual who buys northern trees grafted on southern stocks or southern trees grafted on northern stocks is throwing his money away. I set fifty trees last fall of the "Indiana" grafted on southern stocks, and the first freeze that came promptly killed them all. They put up a few new sprouts last summer, but finally the roots rotted, and this fall I dug them up. ”

“ So American stock-raising has developed into the most gigantic live-stock industry ever known. The grass-lands of the far west and the corn-belt of the central west complement each other, each supplying what the other lacks. Land unfit for cultivation, where grass is cheap but corn and shelter wanting, is utilized for producing cattle and sheep. Breeding-herds that supply superior sires and dams are raised in the corn-belt, and this is the finishing or fattening ground for the stock from the western ranches. ”

“ Keeping live stock increases the capital required to operate a given area of land, especially where animals are kept in connection with the production of hay and grain. Not only must there be capital with which to purchase animals, but usually 182 more is invested in buildings. ”

“ The selection of suitable stocks is a matter still requiring much scientific experiment. The object of grafting is to expedite and increase the formation of flowers and fruit. Strong-growing pears, for instance, are grafted on the quince stock in order to restrict their tendency to form “gross” shoots and a superabundance of wood in place of flowers and fruit. Apples, for the same reason, are “worked” on the “paradise” or “doucin” stocks, which from their influence on the scion are known as dwarfing stocks. ”

“ Cuttings are often employed, but the handling of stock plants is a difficult matter except in the hands of a professional, and when plants are wanted in quantity it is cheaper to buy them of the plantsman than to grow them from seed or attempt to keep over stock plants. ”