The Farmer's Business Handbook; A Manual of Simple Farm Accounts and of Brief Advice on Rural Law (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1903 Excerpt: ...as work presented itself, buy all food supplies from the grocery, or whether it would be better to remain on the farm. In this connection, of course, it would have to be decided whether to rent the farm, or to sell it and put the money at interest. One could now approximate the cost of living in town, the income from labor performed for other people and the income from the money loaned which formerly was invested in safe realty. If accounts are kept on the farm as they should be, it can further be determined whether the earnings of the wage-workers of the family are enough to maintain them and the remainder of the family which do not contribute directly to the income; or whether the profits of the farm and its equipment--the invested capital--must be added to the wage income in order to maintain and educate the family. A CHAT WITH THE FAMILY In the "Fertility of the Land," the first pages were devoted to a "Chat with the Young Farmer." The author has decided that it is best to have his present chat with the family somewhat privately, in the. last pages, so that the family secrets will not go out at the front door; and, therefore, he has placed this confidential talk at the close of "Farm Accounts" instead of at the beginning. It is assumed that the principles which should govern in keeping accounts set forth in the preceding pages have been mastered by hard and persistent study, and that some form of accounting has been adopted, and that accounts have been kept for at least one year. The wife and some of the children are really gainful factors, but usually silent partners, unless accounts are kept with the household. They may add much to the common fund, but have little or no voice in the use or investment of the wealth which t...