22 THE FARM DAIRY. 



interest on another $100, which makes her 

 worth $430, and each additional fifty pounds 

 of butter that a cow will produce annually 

 makes her worth another $100, as an invest- 

 ment. , 



This rule would not hold good if a dairyman 

 buys his cows for one milking period and then 

 sells them for beef; but I believe it is fair and 

 true when a dairyman selects a bull from some 

 dairy herd and raises the heifer calves from his 

 cows to keep up his dairy. 



Investment Grood in Big Producing Cows. — I 

 believe it is unfair to the cow tO' require her to 

 pay 10^ interest, as she will, if bred intelligent- 

 ly, reproduce herself in her heifer calf so as to 

 perpetuate the family. In fact, she will as a 

 rule leave you more than one offspring that will 

 be her equal as a butter producer, which maltes 

 you practically safe in calculating on keeping, 

 your investment good that you have in the 300- 

 Ib., 350-lb. and 400-lb. cows. 



Dairies Running Owners in Debt. — What I 

 have said in regard to individual cows will ap- 

 ply with equal force to dairies, as there are 

 thousands of dairies in the United States which 

 are, when considered on a business basis, put- 

 ting their owners in debt every year. I can- 

 not understand why dairymen will persist in 

 working with unprofitable cows when it is en- 

 tirely practical for them to have dairies that 



