ILLITS^OIS STATE DAIEYMEN^S ASSOCIATION. 21 



But I must not dwell longer upon this subject. The conclusion of the 

 whole matter is this, 



The successful dairyman is the man who by strict attention to the 

 details of his business, and without excessive manual labor and drudgery, 

 either on his own part or on the part of any member of his family, never 

 swerving a hair's breadth from the right line of integrity, accumulates a 

 competency ; and while doing this, does not neglect that development of 

 the mind, that intellectual culture, that heart culture, which alone can fit 

 him and his family for the proper enjoyment of accumulated wealth, and 

 make of them honorable and valuable members of society. 



Topic STo. 1^" If Dairy farming is the most renmnera- 

 five, how can we make it more so ?" was now taken up 

 and discussed; Gr. P. Lokd, Esq., of Elgin, reading the fol- 

 lowing paper : 



MR. G^. P. LORD'S PAPEK. 



Mr. President : — The topic for discussion is this : '' If dairy farming 

 is the most remunerative, how can we make it more so ? " Or, in other 

 words, what methods can be adopted by the dairymen of this country to 

 make the dairy business more profitable than it now is. 



That the importance of this subject may be fully impressed on our 

 minds, consider for a moment the vast amount of capital invested in this 

 branch of industry. 



Mr. Sherman Tracey, in an address before the " Western Reserve 

 Dairy Association," stated that in 1875 there was in this country 10,000,000 

 of cows used for dairy purposes, which, valued at forty-five dollars per head^ 

 represented a capital of $450,000,000. 



If it requires three acres of land to furnish food for each cow, then 

 we shall find that there are 30,000,000 of acres of land devoted to this 

 purpose, which at thirty dollars per acre, a low estimate, represents a capital 

 of $900,000,000 invested in land used in carrying on the dairy business. 

 Nor do these two items include all that is invested in dairying, but we 

 must add for teams, wagons, agricultural and dairy implements at least 

 $100,000,000 more, making a grand total of $1,450,000,000 invested by 

 the dairymen of this country in this single branch of industry. 



Now let us compare this with the amount of capital invested in 

 banking. We find that the comptroller of the currency reports that on the 

 firigt of October, 1877, all the national banks of the country had a capital 



