HOW TO GET A FARM, 

 40 ACRES AT $10 PER ACRE CANAL TERMS. 



Interest. Principal. 



Cash payment $18.00 $100.00 



Payment in one year 12.00 100.00 



&quot; two years 6.00 100.00 



&quot; three years 100.00 



Thus, forty acres bought on the long credit sys 

 tem, if the credit is all used, will cost the buyer 

 $132 for interest, and $400 for principal a total of 

 $532. If bought on canal terms, they would cost 

 him $36 for interest, and $400 for principal a total 

 of $436. If bought for cash, the discount of twenty 

 per cent, would reduce the cost to $320. 



Some years ago, Mr. John S. Barger bought five 

 hundred and forty acres of the company s land for 

 $1,513. He had two hundred and eighty acres pre 

 pared for seeding, and his gross income, the first 

 year, amounted to $4,428, of which $1,210 was net 

 profit. But to this should be added $1,094, the cost 

 of making the farm, as it was not necessary to 

 repeat the same work another year. Mr. B. had 

 little more than a theoretical knowledge of farm 

 ing. 



Mr. William &quot;Waite purchased a prairie farm of 

 eighty acres, in the spring of 1853, paying $4.50 

 per acre. His land thus cost him $360; the fencing, 

 $400, and the breaking up of sixty acres, $150 a 

 total of $910. None of these outlays would have to 

 be repeated a second year. He marketed 2,100 

 bushels of wheat and corn, producing him $1,545, 

 leaving him a clear profit of $134, to which the 



