Land Problems and National Welfare 



years, and though the results were not all that 

 I had hoped for, at all events they justified the 

 employment of the expert. 



The expenditure per acre was reduced, the 

 receipts were somewhat increased, and a loss of 

 £\ per acre was wiped out. This was due partly 

 to the reduction of ground game, partly to im- 

 proved prices, but largely to the constant, even 

 if not sufficient, supervision of the trained expert. 



FARMS IN HAND 



Gross receipts and expenditure in terms per 

 acre for the years 1899-1903, and 1905-08. 



Receipts Expenditure 



1899-03. 1905-08. 1899-03 1905-08. 



Farm A. £2 i o £1 ^ i\\ £z \ o £1 11 3^ 



Farm B. 1 19 7 3 7 i 3 5 4 3 4 of 



Farm C. 2 13 o 2 16 yi 3 17 2 307^ 



N.B. In the first period little was spent on 



artificials, whereas in the second period 



heavy purchases of these are included 



in " Expenditure." 



VALUATION PER ACRE 



Farm A. Farm B. Farm C. 



1899-03 £^ 18 o ;^5 14 o £b 1 ^ 



1905-08 605 628 534 



The experiment quite convinced me that if 



those English landowners who are now losing 



on their home farms would follow the example 



of their continental brethren and employ trained 



32 



