RUKAI« KCONOMICS 



1669 



TabIvE I. — Value of work done on the farms of the peasant proprietors. 



Net profit 

 per 

 acre 



Rate 



of interest 



on capital 



invested 



Return for work done by the owner's family 



Calculated 



according 



to local wages 



Actually 



obtained after 



deducting 



interest 



on 

 capital 



Actually 



obtained 



in percentage 



of 



local wages 



per cent 



0,9 

 5,7 

 1,2 

 8,6 

 5,0 

 7,9 

 6,0 

 — 0,2 

 4,2 

 0,5 



4,2 



6,4 

 6,6 



9,4 



62,2 



113,3 



57,6 

 140,7 

 101,2 



119,5 



113,8 



47,5 



83,6 



19,5 



92,9 



120,2 



117,8 



144,2 



farms of the peasant ]:)roprietors, and that if this method be not practised 

 it is impossible to realise the normf.l returns on work and capital. 



The lower profit-making capacit}- of the second group is partl>' due to 

 the smaller area of the farms which average 2.75 acres less ; if the farms are 

 grouped according to area, the difference is less marked. 



Area of farms 



Up to lo acres . . . 

 From 12.5 to 25 acres 



Net profit 

 per acre 



s d 

 42 6 



48 6 



Rate 

 of interest 



per cent 



3-8 



5-7 



In relation to the area, the value of the buildings was much greater in 

 the first grour- than in the second but the number of faruis studied is not 

 great enough to allow of any general ci)nclnsif,n being drawn. 



Other farms. — The diagram on j^age 1672 relates to capitalist farms 

 and illustrates the statistics from 72 farms, which are arranged from left 

 to right in dimi-nishing order of the rate of interest they yield. 



It appears from this diagram that there aie great differences in organ- 

 isation and intensity of working even on farms which give the same net re- 



