CAPITAL 



315 



TABLE 70. LABOR INCOMES OF OWNERS WHO RENT ADDITIONAL 



LAND x 



i New York, Cornell Bulletin 295, p. 426. 



and 18, page 94, show that the most successful types 

 of farming with small capital are usually those that sell 

 a large amount of cash crops. 



Long time investments should in general be avoided so 

 long as one is heavily in debt. Wood lots, orchards, pure- 

 bred stock are usually best added after one has at least 

 made enough so that he can be fairly sure of paying for his 

 farm. Buildings, fences, and other improvements should 

 be made with great caution if one is heavily in debt. The 

 best way to pay off a mortgage is usually to spend most 

 of one's energy in raising all the crops possible. The im- 

 provements and pure-bred stock may be excellent things 

 to add as soon as one is able. 



LIFE INSURANCE FOR FARMERS 



202. Forms of life insurance. Nearly every one should 

 carry life insurance. If one is heavily in debt and has any 



