THE YOUNG FARMER 



farms, while less than 20% of the farmers 

 over 55 years of age were tenants. 



The question for the young man to con- 

 sider is not what effect the tenant system 

 has upon the welfare of the nation or what 

 political ills may be connected with farm 

 mortgages, but how to make use of these 

 necessary and beneficent agencies for the 

 acquirement of a farm. A system of tenancy 

 which leads to absent landlordism and a 

 permanent tenant class is thoroughly 

 vicious, while a practice which enables a 

 man to become, within a reasonable period, 

 a land-owning farmer is a thoroughly ap- 

 provable and, indeed, necessary method of 

 acquiring land. 



As already indicated, most young men 

 will need in some form or other to employ 

 more capital than they possess when they 

 start farming. They must, therefore, 

 determine what is the best form of obtain- 

 ing the necessary capital, viz. : whether to 

 borrow the money on a farm mortgage, or 

 whether to use the capital someone else has 

 invested in a farm by paying him rent for it. 

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