(')14 KKPOKT OF OFFICK OF KXPKKIMKNT STATIONS. 



l»Kl,(iHM. 



In some of tho lk>l«fiiui institutions scuiiil, political, and nirul ocon- 

 oniy wiMc t'ornicrly tauj,^lit as one subject. l»ut at jn'osont rural economy 

 is considered as a separate branch. In addition to rural economy 

 propel-, rural leyfislation, social and political economy, and at^ricultural 

 bookkeepinj^ are taut^lit. 



The follovvint,'' is an outline of the course in social and political 

 economy jriven at the Aji^ricultuial Institute at (:rembloux: 



Pruduction of wealth. — Agent.s and helps of production. Division of labor. Associa- 

 tion. Methodsof production as on larj:«', nu'diuni, orf^iuall farms, or y>y cooperation. 

 Condition of production. Individualism or socialism. E(|uili])rium in production. 



Circulaliun of iL'eaUh. — Exchange. Money. Commerce. Credit. 



Distrilndion and coimirnpHoH of nealth. — Property rights. Hereditary rights.' Con- 

 tracts between employer and cinployee. Rent. Interest. Savings. Insurance. 

 Luxury. Charity. 



Public finance. — State properties. lmi)ost.s. Loans. Budget. 



Lectures on the subject of rural economy are i^iyen during the third 

 year of the college cour.se. The subject is divided into six groups, 

 consisting of a general consideration of the subject, soil, capital, 

 labor, necessar}' and favorable elements, and production: 



General consideration. — Factors instrumental in agricultural production — their rela- 

 tive value. Definitions. Limits of rural economy. 



The soil. — Definitions. Rent. J^and values, .\ppraising land properties. Land 

 improvements. 



Capital. — Running expenses. Investments. Circulating capital. Relation between 

 investment and circulating capital. Chattels — live stock and implements. 



Labor. — Wages. Foremen. Assistants. Day laborers. Contractors, etc. 



Elements necessary or favorable to production. — Systems of culture. Rotations. 

 Physiological, economical, and meteorological laws. Large, medium, and small 

 farms. Renting lands on shares and for cash. Personal direction of the farm or by 

 manager. Lands adapted t<j agriculture. Cooperation in agriculture. Syndicates. 

 Cornices. Agricultural credit. 



Production. — Plant production: Cereals, forage plants, industrial crops. Market 

 gardening. Animal production: Horses, cattle, sheep, swine, poultry. Agricultural 

 industries: Sugar, breweries, distilleries, creameries, cheese factories, and their 

 organizations. 



The lectures in the course are supplemented by making estimates on 

 land values, capital required for running expenses, quantities of feed 

 consumed, management of the farm, labor needed on the farm, and 

 by excursions for the purpose of observation. 



Rural legislation. — Property rights. Accession. Use. Water rights. Culture. 

 Harvesting. Bees. Contracts (labor contracts, leases). Sales (defects in animals 

 annulling sales) . Various laws and regulations. Rural police. Roads, etc. Elements 

 of commercial law. 



GRE.^T BRrrAIN. 



The courses in rural economy in the agricultural" institutions of 

 Great Britam are not very uniform. The term ''rural cconom}'" is 



