CREDIT BANK 105 



vided that the holding has been improved by 

 his cultivation. 



It is particularly noticeable that, as in other 

 land-purchase schemes, instalments are paid 

 with the greatest promptitude, frequently in 

 advance, while other accounts are allowed to 

 wait. 



In practice, therefore, the Company provides 

 all the facilities of a credit bank. The scheme 

 works somewhat as follows : — 



Early in the season the small owner informs 

 the Company that he wishes to have certain 

 work carried out on his holding, but that he 

 has not sufficient money in hand to pay for it 

 immediately. He asks that the account may 

 be allowed to stand over until his first crop is 

 gathered. The holding is then inspected, and 

 the record of the man looked up. If satis- 

 factory evidence is produced on these two 

 points, the Company agrees to allow the 

 account to stand over until the crop is har- 

 vested. In this way the small owner can get 

 the advantage of the cash prices of seeds, 

 manures, etc., and hire whatever labour is 

 necessary without crippling himself early in 

 the season. 



