KNOWLEDGE AND CAPITAL. U9 



taken in hand, not only by gentlemen, but by farmers, who hail 

 from the plough and from the shovel, thus bringing the art of 

 agriculture in direct contact with its science. 



Now I want this Agricultural College to turn out a company 

 of farm managers — men who shall thoroughly understand the 

 business of farming from the beginning unto the end — so that 

 our men of capital (and there are hundreds and thousands of 

 them in our cities who have an itching for farming, and through 

 all their mercantile pursuits are looking forward to a home in 

 the country as the goal of their desire,) may find those who 

 can manage their farms for them. They do not know how to 

 farm it themselves, but they have money enough, and they 

 would like to invest it in a farm, if they knew where to put their 

 hand upon a man who can take their ten, fifteen or twenty thou- 

 sand dollars, put it in a farm, and run that farm so that they 

 shall get seven per cent, upon the investment or more ; and 

 what we want of that college yonder is, that it shall raise up a 

 class of farm managers wlio shall join their skill and their 

 knowledge to the capital of these men and show us how to farm 

 it on a profitable scale. Tliat is what we want. There is no 

 difficulty in getting tlie capital. There are thousands of men 

 in our cities who have the capital but have not the requisite 

 knowledge. We want the two things united, and when we have 

 the young men, well trained and competent, to tell our men of 

 capital how to invest their money and make it pay seven per 

 cent., there will be no difficulty in getting money enough to 

 carry on our farming on a larger and grander scale than we 

 have ever yet seen it here in New England. 



Well, we want not only more knowledge, but we want more 

 capital invested in our farming. We have a great deal of cap- 

 ital invested in farming, but it is invested in the wrong place. 

 Here is a man who owns a farm of a hundred or two hundred 

 acres. It is worth $10,000, and he has perhaps '12,000 worth of 

 stock on that farm in which he has 110,000 invested, and he 

 will employ on that farm il50 worth of labor a year besides his 

 own hands. Well, now, nine-tenths of all that capital invested 

 in the land does not pay him one per cent. Why ? Because 

 he does not use capital enough in stocking it and in securing 

 the labor to work it. The land is good for nothing unless it is 

 Trought, skilfully cultivated, labor laid out upon it ; and that, 



