Landowners' Mistakes 



their home farms demonstrations of good 

 and profitable management. It is difficult 

 to see how this can be done so long as 

 poorly paid bailiffs are employed to look 

 after a farm, say of 500 acres. A large 

 Danish landowner once said : "The English 

 are a strange people. Landowners farming 

 perhaps 500 acres put in a bailiff to whom 

 they pay ^100 or £120 a year. Properly 

 farmed 500 acres is a big business. I 

 employ a man at ;^300 a year, but then my 

 farm pays me a big profit per acre." 



Case after case can be found in every 

 country on the continent of landowners 

 making £2, and £/\ an acre from their farms 

 in hand. This income is made up as 

 follows : — 



Table XIII. 



Per acre. 



Rental (say) 30^. 



Interest on working capital (5 per cent. 



interest on ;^i5) iS-f- 



Net profit 35J. 



Total 80^. 



Naturally the last item varies with the 

 land and the year, but a study of the farm 



39 



