232 The Farm Boy's Interest in the Business 



interest in the live stock and we share equally in the 

 net returns.'* 



Other terms of cooperation have proved successful. 

 In many cases, the son rents all or a part of the place 

 on terms similar to those allowed the outside renter ; 

 excepting that he is usually given the advantages of 

 free board and the use of the home conveniences. 

 In all such business transactions between father and 

 son it is highly advisable that the contract be carefully 

 drawn in writing. The verbal contract is proverbially 

 a trouble maker, and that even among relatives. 



SUMMARY AND CONCLUDING SUGGESTIONS 



1. Not nearly all promising youths can be encour- 

 aged to take a vital interest in the father's business. 



2. In case the boy cannot be induced to take a 

 permanent interest in anything on the home farm, 

 he may at least have much practice in the transaction 

 of the small business connected therewith. 



3. The ability to work willingly, the ideal that an 

 honest living is to be earned through personal effort, 

 and the practice of saving a part of the weekly or 

 monthly earnings these will give any boy an ex- 

 cellent start on the road to success and affluence. 



4. Deal with the young son on business principles 

 from the first, seeing that he shares reasonably in 

 the losses as well as in the gains. Although his 

 interest in any chosen line of work may not be- 

 come vital till he makes some money out of it, 



