PARTNERSHIP FARMING 



41 



There are several variations of this system, but 

 in general terms partnership farming means that 

 the landowner provides the land and the working 

 capital, and the carefully chosen and highly skilled 

 partner supplies the practical knowledge and the 

 active management. The active partner pays the 

 full rent to the landowner and 5 per cent interest 

 on the working capital. After that the net profits 

 are divided between the two partners. 



No. 13. Ownership or Tenancy? 



mm 



88 per cent. 

 Owners. 



England. Denmark. 



In connection with this diagram see again diagram No. 6. 



This is really a modification of the Metayer ^ 

 system. It is practised in many parts of the United 

 States, and there are also one or two very successful 

 examples in the United Kingdom. 



The main advantages of this system are that a 

 farmer, young, enterprising, and highly skilled, 

 but without capital, is given an opportunity for 

 which he would otherwise have to wait many 

 years ; and that the landowner obtains the services 



* See Appendix, p. 135. 



