Present and Suggested Sources 



country are higher than in any other. 

 Co-operation, i.e. collective selling and 

 buying, is less developed here than in 

 most of the countries of Europe, yet this 

 is a most important factor in success, 

 especially in the case of the smaller 

 farmers. In agricultural education we 

 fall far behind continental countries. It 

 is owing to the work of the agronome, or 

 agricultural organizing instructor, that 

 the agricultural industry in Belgium and 

 Denmark, for instance, has reached its 

 present flourishing condition. The in- 

 terests of agriculturists have been here 

 so systematically ignored that the 

 astonishing thing is that the English 

 farmer has any spirit left in him. 

 (2) In regard to working capital English 

 farmers are most seriously undercapita- 

 lized. In the good old days it was 

 required of tenants to have working 

 capital to the amount of ;^io per acre, 

 but the period of agricultural depression 

 greatly reduced this amount until to-day 

 it stands at about £"] per acre. This 

 does not compare favourably with other 

 26 



