16 PROGRESSIVE POULTRY CULTURE 



Further it is very desirable that the poultryman 

 should not expend all of his money as fixed capital. This 

 would cripple him at the start. His working capital 

 should be ample for its purposes, enabling him to pur- 

 chase supplies in large quantities for cash, at lowest 

 rates, on the best terms and placing him in a position 

 to take advantage of any condition of the market fa- 

 vorable to his plans. 



When the poultryman is tempted to invest more 

 than one-half of his available funds as fixed capital 

 he should hesitate and usually halt, A floating capital 

 equal in amount to the fixed capital signifies an in- 

 tensive, progressive poultry business. The moveable 

 money is kept going and should return often with in- 

 crease, which means profit. 



Labor: Work is what usually decides, more than 

 any other factor, the degree of success and profit in 

 poultry farming. If it is truly economical labor and 

 effectively directed, good results should follow. 



A poultry business may be started on labor alone. 

 For example, a farmer boy agrees to work for his father, 

 or some other employer, and to take payment in fowls. 

 For more of his labor he obtains the use or ownership of 

 sufllcient land on which to keep his poultry. For yet 

 more work he secures a building or materials for mak- 

 ing one. He gets feed and other supplies in exchange 

 for further work. By his own efforts he arranges a 

 home for his flock and cares for the fowls. He gets 

 money for eggs and chickens and this capital is used 

 to buy more fowls and to increase the business in other 

 ways. His labor has really produced capital, which is 

 represented by the land, buildings, fowls and supplies 

 of which he is the owner. This is a slow way of estab- 

 lishing a poultry plant but It is a safe plan and suc- 

 cessful. It is better than beginning big and ending 

 small. 



Head-work is one kind of labor that pays well in 

 any undertaking. If the poultryman's brains are of 

 good quality and suftlciently exercised in thinking and 

 studying over the details of his business, there will be 



