AGRICULTURE. 135 



money of this farm is too high, and that the farmer would be 

 in a far better position if he rented the land capable of being 

 tilled, atlOrqr. per tunnland ; and another thing we must 

 remark, that the 100 acres of rough land is not calculated to 

 give one shilling return. Now this is hardly fair, for if this 

 100 acres of rough woodland were so utterly barren as to lie 

 waste altogether, no one in his senses would borrow money 

 at six per cent, interest to buy it. I suppose, however, if 

 the buyer had capital in hand, he would be able to make 

 something of it. 



" We will suppose (as is usually the case) that he has a 

 hypotheket's loan or mortgage to half the amount of the 

 purchase-money, or 15,000 rqr., and that the whole of his 

 little capital, 21,000 rqr., is swallowed up in the balance of 

 the purchase-money, and the necessary expenses of entering, 

 as shown above, so he is obliged to meet the surplus expense 

 by discount loans, (because he can raise no more by mort- 

 gage), and the produce of his farm cannot be increased by 

 improving the soil, for that will require a longer time than 

 the discount loan will have to be paid in. 



' ' We will now make another calculation over the same 

 farm, worked with a proper capital, be the same borrowed or 



owned, of all that a real farmer will require. 



rqr. 



Cost price of farm . . 30,000 



100 tunnland underdrained, at 75 rqr. per 



tunnland 7500 



Artificial manures . . . . 4500 



2000 barrels chalk -. , . ;, 2000 



New buildings, and repairing old . .' 8000 



Bight horses, at 300 rqr. . . . 2400 



Forty cows, at 100 rqr. . . V 4000 



One bull . _ . . . 500 



Implements . . - V . .- 1000 



Corn for sowing, say .... 600 

 Advance for nourishment of people, and cattle 2500 



Household furniture . . . 1000 



Total 65,000. 



