The Modern Farmer in His Business Relations

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Excerpt from The Modern Farmer in His Business Relations: A Study of Some of the Principles Underlying the Art of Profitable Farming and Marketing, and of the Interests of Farmers as Affected by Modern Social and Economic Conditions and Forces I pretend to no great knowledge of economic science, but understand it to be plain common sense applied to such busi ness transactions as marketing produce, borrowing money, and voting upon a tariff. Common sense, of course, is the logical inference from all the facts. Inference from only part of the facts, or from facts that ain't ao, is not common sense, although, unfortunately, common practice. No one appro ciates more highly than myself the value of the study of the fundamental economic concepts, but, after all, the world's business must be done mostly by those without fixed convic tions as to the real meaning of value, or the fund from which wages are paid. I have, therefore, written for that class, drawing my conclusions inductively from experiences common to myself and my readers, rather than deductively from theeconomic bases. I trust, however, that I have written in the scholarly spirit, and not to establish a thesis. Upon some controverted topics I have thought best, without expressing my own Opinion, to present the essence of the argument on both sides. I have tried to.do so fairly, and think I have succeeded. There are, however, popular delusions which have taken strong hold upon many excellent men, as to which I felt that one has no right to suppress convictions approved by universal business experience, and the teaching of all economists. Having prepared the book mainly for farmers, I was desir ous that farmers should read it. The farmer, however, is seldom a free book buyer, and I was persuaded that, except by the kindly ministrations of the can vasser - a capacity in which I began my own business life - the most of those for whom the book was especially intended would never see it. I therefore decided to publish by subscription. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.