THE MOVEMENT OF WHEAT-GROWING 349 



From the above tables the following has been compiled : 



Land in Olmsted County is thus valued half again as high as 

 in Renville County. The cost of buildings, implements and ma- 

 chinery, and live stock per acre in Renville is about five-eighths 

 of that in Olmsted County. The total value of buildings, imple- 

 ments, machinery, and live stock per farm in Olmsted County is 

 $2050.56. In Renville it is $1645.06. The average total land 

 value in each average-sized farm in Olmsted County is $2050.56. 

 In Renville it is $1645.06. The average total land value in each 

 average-sized farm in Olmsted is $5247. In Renville it is 

 $4462. The total investment in the average-sized Olmsted farm 

 becomes $7297.56; in Renville, $6107.06. 



Deducting the cost of labor per farrp from the value of each 

 farm's yearly product, we have $906.24 as the average income on 

 a farm in Olmsted County, and $927.94 for Renville. 



A man with a capital of a little over $7000 can thus buy 

 an average-sized, fully equipped farm in Olmsted County, and 

 his income will be reasonably certain. He could, however, with 

 $1000 less, buy a larger farm in Renville County, and get, per- 

 haps, a larger yearly income. This income, however, would not 

 be so certain ; moreover, there are certain social disadvantages in 

 living in a new country. A man with sufficient capital, wishing to 

 invest in farm lands where the income is safe from year to year. 



