8 



BULLETIN 603, U. S. DEPARTMENT OF AGRICULTURE. 



ILLINOIS GROUP. 



Landlord : 



Receives — 



Half the returns from all farm products sold. 

 Pays — 



Depreciation on buildings and on half the cows. 



For repairs on buildings and fences and materials for repairs. 



Taxes on land, buildings, cows, and half of other productive stock. 



Insurance on farm buildings and on half the productive stock. 



For most of the grass seed. 



Half the cost of thrashing and twine. 



All of the road tax. 



For half of the feed purchased. 



For part of the milk cans. 

 Tenant : 



Receives — 



Half the returns from all farm products sold. 

 Pays — 



Cost of all farm labor. 



For all work stock, machinery and tools. 



For labor for rough repairs to building and fences. 



Taxes and insurance on horses and machinery and on half the pro- 

 ductive stock, except cows. 



Depreciation and repairs on machinery and tools. 



Depreciation on horses and half that on cows. 



For half the feed purchased. 



For part of the grass seed. 



Half the cost of thrashing and twine. 



For most of the milk cans. 



FACTORS OF EFFICIENCY. 



LENGTH OF LEASE PERIOD AND CHARACTER OF LEASE. 



Table II. — Length of lease period and character of lease. 



Item. 



Length of lease period. 



1 year. 



2 years. 



3 years. 



5 years. 





64 



• 76 



20 



6 



7 



14 



17 

 1 



















37 

 63 

 16 



1 

 2 



13 



22 



8 





14 















As will be seen from Table II, most of the leases on the farms of 

 both groups are for 1 year; in the Wisconsin group none are for a 

 longer period than 3 years, and in the Illinois group none for a 

 longer period than 5 years. About one-third of the leases on the 

 farms of the Wisconsin group and about one- fourth of those in the 

 Illinois group are verbal. In general, these leases are automatically 

 renewed unless one of the parties gives notice to the contrary. 



