310 



FARM MANAGEMENT 



to use small farms and go into more intensive farming, or 

 buy poor land that is cheap. Neither of these recommen- 

 dations is generally applicable, for either one requires about 

 the same capital as the usual type of farming in order to be 

 equally profitable. The way that most farmers of small 

 means get started is by being tenants. 



In Tompkins County, New York, the average tenant 

 with less than $3000 capital made a larger labor income 

 than the average owner with less than $5000 capital. The 

 chances of making a large labor income were also greater 

 for the tenants. 1 



TABLE 67. RELATIVE OPPORTUNITIES FOR MEN WITH SMALL 

 CAPITAL AS OWNERS AND AS TENANTS, TOMPKINS COUNTY, 

 NEW YORK 



It is evident that the opportunities of an owner in this 

 region with less than $5000 are not so good as are the op- 

 portunities of a tenant. Very few men in this region re- 

 main tenants after the total value of their farm property 

 (capital) is over $2000. Apparently, one should have a 



1 New York, Cornell Bulletin 295, p. 537. 



