CHAPTER YIIL 



FAKMING PARTNERSHIPS. 



We do not advise any one to try starting on his own 

 account with less stock than we have given in our last 

 chapter. If he has not the capital and cannot get birds 

 on the halves, his only other resource is to take a partner. 

 If he can get a sleeping partner who is willing to put in, 

 say, £2,000 against his £500 and services as manager, 

 he is infinitely better off than if he took birds on the 

 halves, because he will then have to give up only half 

 the net earnings, in the place of half the gross earnings 

 if the birds are on the halves ; and yet it may answer 

 the sleeping partner quite as well, as he then has a voice 

 in the management, and his birds will not suffer for 

 want of liberal treatment, as is so often the case where 

 an impecunious man has the birds on the halves. 



Even if he cannot get one man to put in £2,000, 

 he may get four men to put in £500 each, when each of 

 these will get an eighth of the net earnings. This to a 

 certain extent constitutes a company, but with the 

 great pull in their favour that the managing partner, 

 having the greatest interest of any of them in the 



