LAND RENTAL AND FARM TENANTRY 863 



maintaining the fertility of the soil. It makes it go his interest to destroy 

 noxious weeds and haul out all stable manure. Long-time leases enable 

 him to plan ahead and to establish crop rotations on which he may realize 

 the most in the long run. They enable him to build up a herd of livestock 

 of such a kind as may be best adapted to the conditions. Neither land- 

 lords nor tenants can profit in the long run through short-term leases, espe- 

 cially if this results in a change of tenant from year to year. 



Profits Under Different Methods of Renting. — Investigations show 

 conclusively that the average tenant makes larger profits when he rents 

 for cash than he does when renting for shares of either the products or the 

 net returns. The cash tenant assumes all risk and the largest possible 

 supervision of the farm and labor, while the tenant who rents for share, 

 shares the risks with the landlord and frequently is subject to the direction 

 of the landlord with reference to the manner of farming. In Tompkins 

 County, N. Y., it was found that cash tenants made an average labor income 

 of $604, as compared with $342, the average made by share tenants. 



Systems of rental should be flexible and leases drawn to fit the type of 

 farming engaged in. The equitable division of the farm products should be 

 determined by the relative cost of labor and expenses on the part of the 

 tenant as compared with the interest value on the capital on the part of 

 the landlord. 



REFERENCES 



"Agricultural Economics." Taylor. 



Wisconsin Expt. Station Bulletin 198. "Methods of Renting Farm Lands in Wisconsin." 

 Farmers' Bulletin 437, U. S. Dept. of Agriculture. "A System of Tenant Farming and 

 Its Results." 



