FINANCE 101 



The Fairby Farm Estate was previously 

 occupied by fruit orchards, pasture, and arable 

 land. The whole farm was in a high state of 

 cultivation, having been successfully farmed at 

 a profit for many years. The holdings were 

 so planned that each small owner had, as far 

 as possible, fi'uit orchard and arable land. 

 The pasture land was allotted to poultry- 

 keepers. 



Suitable men were attracted by means of 

 advertisement, and fifty small owners took up 

 holdings of five to twelve acres in area. Each 

 man possessed some capital, as the land was 

 only sold on payment of a deposit equal to 

 25 per cent, of its value ; but before purchase 

 was made advice was given as to the size of 

 the holding, cottage (if desired), amount of 

 capital to be outlayed on purchase of stock 

 and manures, according to the status of the 

 individual applicants. Experience was not, 

 however, insisted on, as the depot, or central 

 organization, largely obviates the necessity for 

 this — provided the man possesses energy and 

 character. 



The office of the farm and farm buildings 

 were adapted for tlie central depot of the 



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