314 BORROWED CAPITAL 



Cost of homestead : 



Cottage ............ ^300| 



Buildings ............ ^ 



A. 350 at 5 per cent. (Lands Improvement s. d. 



loan) ............... 17 18 9 



B. 250 at 4 per cent. (Government loan) ... 14 



A loses 6 18s. 9d. per annum. 

 B loses 3 per annum. 



Case 2. Mixed Holding or Grass Farm, Ten to Twenty 

 Acres (take Fifteen Acres for Calculation). 



s. d. s. d. 



Rent from farmer at 30s 22 10 



Rent from small holder at 50s. ... 3710 



Rent from small holder's cottage ... 600 43 10 



Gain in rent 21 



Cost of homestead : 



Cottage ^ 300 



Buildings ,100 



A. c400 at 5| per cent. (Lands Improvement s. d. 



loan) 20 10 



B. ,400 at 4 per cent. (Government loan) ... 16 



A gains 10s. per annum. 

 B gains 5 per annum. 



Case 3. Mixed Holding- or Grass Farm, Twenty to Fifty 

 Acres (take Forty Acres for Calculation). 



s. d. s. d. 



Rent from farmer at 30s 60 ^ 



Rent from small holder at 40s. ... 80 



Rent from cottage 600 86 



Gain in rent .26 



