Agriculture Capital Required For Working
AGRICULTURE CAPITAL REQUIRED FOR WORKING A FARM The amount of capital that is required in order that the business of farming may be conducted advantageously, is largely determined by the nature of the soil, &c., of each farm, the system of management appropriate to it, the price of stock and of labour, and the terms at which its rents are payable. In the case of land of fair quality, on which the alternate husbandry is pursued, and when the rents are payable as the produce is realised, £10 per acre may be regarded as an amount of capital which will enable a tenant to prosecute his business with advantage and comfort. In letting a farm, a landlord not only does a just and prudent thing for himself, but acts as a true friend to his proposed tenant, when he insists upon being shown that the latter is possessed of available funds to an amount adequate to its probable requirements.
The importance of the topics to which we have thus referred is happily expressed by Mr Pusey, when, after enumerating various agricultural desiderata, he says, " In seine degree none of us carry out all that is in our power ; but want of capital and want of confidence in the tenure of farms are, I suppose; the two principal causes of this omission."