COST OF PKODUCTION. 



213 



which would render them much more striking, though 

 no less correct. When corn is consumed on the farm 

 where it grows, it pays the owner a better price than 

 the market quotations. Yery many farmers, by con- 

 verting this grain into pork, mutton, beef, or butter, 

 are enabled to realize for it a dollar or more per 

 bushel, even when it is bringing seventy-five cents or 

 less in market. 



Now, if the price of corn were taken at one dollar 

 in the table instead of seventy-five cents, the results, 

 or a part of them, would be not only more remarkable, 

 but, in a large class of cases, nearer the truth. The 

 third and fourth crops, at this price, would give the 

 following exhibit : 



Perhaps the most instructive lesson contained in 

 these tables is to be found in the great principle 

 which stands out clear and conspicuous, that the last 

 part of the yield, or the extra yield produced by each 

 addition to the expense, is the part that pays the profit. 



This principle is well understood and acted upon 

 in some other branches of industry, and why should 

 it not be equally improved in husbandry ? Publishers 

 have long since discovered that the success of a book 



