4 THE NEW BUSINESS OF FABMING 



some vital factor. He may figure in this 

 fashion : 



Normal yield, 1 ton per acre . . $15.00 



Forced yield, 3 tons $45.00 



Cost of fertilizer 25.00 20.00 



Net revenue from fertilizer . . . $5.00 



His neighbor will tell him that he "hasn't 

 found it paid to put phosphate on old seeding. ' ' 

 He doesn't always know why, but it doesn't 

 pay. 



In the above figuring the city man has omit- 

 ted the charge for applying the fertilizer and 

 the harvesting cost of two tons of hay. These 

 items will make his use of chemicals an actual 

 loss instead of profit. He can even quote many 

 bulletins in support of his position; but, bulle- 

 tins or no bulletins, his neighbor was right. 



The principles underlying the business of 

 farming are beginning to be understood. They 

 are as simple as any fundamental principles, 

 but because of the complexities entering into 



