288 THE LAND AND ITS PROBLEMS 



The said CB is to be entirely responsible for the manage- 

 ment of the farm. 



It is agreed between the said AB and CB that the working 

 capital shall be £ per acre, or a total of ^ and the 



said CB undertakes not to reduce this capital sum or to write 

 off any portion thereof save with the full consent of the 

 said AB. 



At the termination of this agreement the said CB shall 

 receive one half of any increase in the total capital as ascer- 

 tained by an outgoing valuation. 



Should the said CB from any cause whatsoever neglect or 

 cease to perform his duties, or should the said AB at any 

 time decide to sell or let the Farm, then the said 



CB agrees to accept six months' Notice to Quit, and upon 

 the payment of such wages and other payments due to the 

 said CB this agreement shall be void. 



Signed AB. 

 CB. 



The great advantage to the owner who goes in for 

 partnership farming is, that he secures the services of a 

 highly trained manager, whose whole interest it is to make 

 the farm pay. 



So that, under this system, the owner gets not only the 

 rental for his land, and interest on his working capital, but he 

 receives in addition a proportion of the farmer's profits. 



The advantage to the partner manager is, that although he 

 may possess no capital, yet he gets his chance ; he starts on 

 a farm of a size which it would otherwise have required 

 years of saving on his part to take and capitalize. 



On account of his participating in the profits, he is enabled 

 to put by money, and in turn become a capitalist himself in 

 the shortest possible time. 



