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2. vehicle brands
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How
be
may
is
It
Land
Buy
to
important
infinitely
know,
to
but
"
important
more
know
to
HOW
Canada
in
BUY
TO
LAND
IN
NEW
BRUNSWICK
The
of Fertile
Province
than
Industries,
Fields
and
else
anywhere
Flourishing
the
on
Canadian
Continent.
fall into
Don't
begins
only
West
building
of
the
All
Winnipeg.
and
the
richest
are
purchaser
of land,
in
the
none
most
and
the
for
is
there
purposes
Canada
that
error
Provinces
attractive
for
common
Cities
prominent
And
the
most
East
I
farming and
to equal
BRUNSWICK
NEW
particularly
MONCTON,
and
in
the
around
ST.
Crewe
reasons
;
Liverpool
and
JOHN
and
of
Canada.
Let
us
give
you
Card
will
convincing
procure
CANADIAN
EASTERN
them
for
in
you.
FARMS
IMPROVED
Specialists
Post
a
Co,,Ltd.
Canadian
EASTERN
,
Land
"
82
Cables
CANIMFARMS,
VICTORIA
and
Telegrams
LONDON.
Investments,
STREET,
S.W.
LONDON,
Telephone
:
6132
VICTORIA.
:
HOW
TO
IN
LAND
BUY
CANADA'
BY
L.
MONTAGUE
MAJOR
D.S.O.,
ADAM
"
HORNBY
J.P., F.R.G.S.
CHARLES
BLACK
COLUMBIA
"The
The
New
fertile
most
Province
the
In
the
along
Mixed
and
Canada."
of
Garden
Trunk
Grand
FRASER,
SKEENA
Lands
NECHACO,
and
VALLEYS,
GEORGE
FORT
near
Railway.
Pacific
Farming
UPPER
the
of
district
beautiful
and
BULKLEY,
the
towns
of
FRASER
FORT
SMITHERS
TELKWA
HAZELTON
In
large
small
or
lots, suitable
Investor
RICH
SOIL.
WELL
First Class
Land,
WATERED.
IS
PALL
(Sole
MALL
Selling
Prices,
"
"
BRITISH COLUMBIA
CENTRAL
SPORT.
SPLENDID
carefully selected,at Moderate
Increasing steadily in value.
For full particulars
apply to
the
Settler.
all
and
"
or
for
EAST,
LONDON,
Land
Agents for the North
Coast
British
Columbia.)
Vancouver,
AGENCY,
S.W.
Co., Ltd.,
AUTHOR'S
THE
of
contents
contributed
by
"Canada,"
the
Journal
At
have
PREFACE
this
in
me
in
suggestion
read
form,
re-arranged
in
now
doing
book
form
originally
were
of
illustrated
serial
articles
Anglo-Canadian
a
number
them
publish
so,
I
those
of
have
in
a
collected
and
them.
and
Club,
Navy
Pall
May
who
revised
M.
Army
to
London.
of
I
them,
and
the
leading
published
the
little
1913.
Mall.
S.W.
L.
H.
CONTENTS
MM
AUTHOR'S
PREFACE
CONCERNING
v.
MERITS
THE
CANADIAN
THE
I.
II.
III.
ADVICE
V.
VI.
v.
Intrinsic
and
A
of
tour
The
7
-
(continued)
price
investigation
of
advice
16
THE
CANADIAN
"
-
-
investor
35
45
and
general
-
detailed
and
stock
MENT
MANAGE-
AND
-
Management
26
WEST"
price
Development,
estate
the
DEVELOPMENT
Purchase
An
-
------
development
X.
I
-
price
market
requirements
Local
IN
IX.
land-
"
ESTATE
VIII.
market
IN
"
agricultural
and
value
INVESTMENT
AN
Canadian
LAND
INVESTORS
CONCERNING
VII.
AS
value
Intrinsic
TO
IV.
WEST
English
AGRICULTURAL
OF
farm
-
-
plans
income
scheme
and
of
-
estimates
expectations-
...
-
-
-
-
-
51
58
75
85
HOW
TO
LAND
BUY
IN
CANADA
I."
ENGLISH
CANADIAN
v.
AGRICULTURAL
LAND.
The
Canadian
of
Estates
Landed
of English
Sale
and
chase
the Pur-
Land
Agricultural
by
Englishmen.
SCARCELY
without
one's
Press,
landed
English
of
May
or
more
acres
to
sales
and
diminution
in
with
sources,
of
that
the
been
local
of
firm
The
alone,
from
a
100
time
some
to
seems
of
200,000
over
for
on
an
ment
announce-
ranging
there
the
sale
the
going
year
several.
of
one
last
be
little
volume.
this
public
wealthy
the
aggregating
present
their
Concurrently
medium
have
the
to
up
often
estates,
and
acres,
or
of
sales, by
landed
of
75,000
London
contained
29th, 1912,
score
Such
the
and
estate,
forthcoming
past,
in
the
during
announcement
of
acres.
passed
reading,
fresh
some
Times,
has
week
a
one
learns,
Press
Englishmen
through
from
and
are
the
private
purchasing
HOW
2
TO
largetracts
of
and
in several
are
among
BUY
LAND
IN
land
agricultural
those
in Western
it is known
cases
who
have
CANADA
that
sold
Canada,
the
purchasers
landed
estates
in
England.*
It would
be
Canadian
said
are
in most
going
are
discuss
to
those
the
who
best
financial
make
case
5000
in
acres
of
instanced
of
is
interest, the
Vide
a
us
at
the
probable
of
exchanges
us
only
at
proposes
exchanges
clear
let at
an
having
as
Let
conclusion
of
of
average
annual
an
the
roll
rent
the
property
number
of
of
down
at
mortgage
payment
at
of
thirty
the purpose
"40,000,running
interest
take
property
considerable
For
are.
is to take
us
a
that
a
perspective
exchanges
owning
man
put the
us
annual
note
cases
concerns
writer
assume
estates
total of
a
such
example.
mortgaged,
let
calculations
buy
it is
results of such
an
and
acre,
English landed
acre,
as
Let
"7500.
"
the
obtaining a
England,
shillings
per
per
that
financial results of such
imaginary
some
to
them.
means
particularcase
of
In
is all that
and
and
English
fact
on
which
purely personal and
are
The
for present
reasons
but
political,
they
present moment,
to
a
be
to
cases
of property
of the
sell
to
financial nature.
The
various
agricultural
property.
reasons
the
practicalvalue,
the
individuals
actuate
a
discuss
to
purposes,
that
of little
4 per
our
"8
cent,
being "1600.
this article, page
5.
HOW
the
From
roll of
rent
first, 20
and
repairs,that
the
mortgage
leaves
time
this
realise
interest
This
acre.
per
would
would
let at 305. per
be
bring
deducted
be
must
would
have
to be
the
of
"135.000.
If this
on
an
of
is
the
capitalsum
Canadian
investment)
income
if invested
at
average
income
as
of
the
either
of
income
case
income, with
in first mortgages
interest, it would
cent,
of
"8100,
the
English
in
safety,it
or
more
a
4
per
the
just sold
estate
6 per
at
5 per
than
guaranteed
cent., which
the
substantial
cent.,
half
;
cent,
are
produce, taking
would
as
give
double
Government
produced by
is
the safest forms
almost
first mortgages
partly
there
capitalsum
6 per
from
"6750,
a
remain,
(one of
of interest
rate
this total
then
invested
railway bonds, bringing in
acme
the estate
real estate
partly in
interest, and
figure
"40,000, which
would
There
were
income
annual
annual
the
of
mortgage
repaid.
fair
a
From
"175,000.
to
the basis of
on
result of the sale of the estate,
as
of
total
a
present
expected
this rate
At
acre.
This
"1600.
be
twenty-fiveyears' purchase, which
for land
secondly,
If sold at the
"4400.
might reasonably
estate
"35
of
and
;
of
payment
deducted,
maintenance,
"1500
say,
3
be
must
management,
is to
income
net
a
"7500
for
cent,
per
CANADA
IN
LAND
BUY
TO
as
annual
an
much
English estate.
increase
securityof capital,although
the
again
In
in actual
from
the
HOW
TO
nature
of
4
very
BUY
the
investments
anticipationin
on
an
is
continuous
The
and
soundest
look
for
all their
holdings,and
conservative
is to
invest
will
annual
realised
income
obtain
the
necessary
landed
be invested,
5 per
cent.
aside the
set
as
shown
This
"47,000 available
of
a
In
new
estate
Western
sold, and
would
for the
in
leave
a
order
it would
of
the
the
to
be
"88,000, to
the average
at
net
development
"4400
capitalsum
above,
the
invest
to
Now,
of
adopt
equivalentto
estate.
income
are
English estate
purchase and
the
and
in Government
portion of
income
every
we
to
course
and
such
estate
by
which
instance
the sale of the
by
annual
to
bonds
of the
Canadian
a
the
annual
an
surplus capital in
of
in
men
cautious
acting on
in first mortgages
bring in
all industries.
obtained
be
can
advantageous
most
guaranteed railway
capitalsum
it
In
lines.
discussingthe
is
gradual capital appreciation in
investor, while
businesslike
cultura
agri-
there
practicalbusiness
most
Canada
where
in
rapid expansion
and
where
scale, where
rapid, and
of
reasonable
a
like Canada,
enormous
development
no
capital value
only
country
new
is
there
for.
the
is, however,
a
is
immigration
as
looked
be
gradual appreciation of
one's
CANADA
investments
new
capitalappreciationto
A
IN
LAND
rate
of
surplus capitalof
purchase and
development
in Canada.
Canada
undeveloped
agricultural
HOW
of 5000
estate
would
There
still be
then
would
whole
into
hoped
be
of about
the
the estate
be
small
a
of
minimum
The
capital value
"2500
of
annum
per
the
prosperityof
t See page
purchased
The
Duke
OF
land
landed
in Western
estates
the West,
ENGLISH
of Sutherland*
sporting
which
6.
Canada,
and
who
have
the
from
Press
of Englishmen
sold,
or
are
offering
in England.
ESTATES.
PURCHASES
agricultural
the
known
as
Sheriff
Mutton,
Stittenham
Estate
at
nine miles
from
Malton, and ten miles
from
offered
York,
yesterday at
was
and
York
Knight, Frank
by Messrs.
and
general
the
culled
Note"
and
paragraphs,
The
following notices
news
of interest as instancing cases
are
during the past twelve months,
SALES
would
estate
"
have
wards.
up-
assured.
now
for sale, their
income
regular annual
a
a
increased
end
would, with careful and active
from
and
for
return,
after the
graduallyappreciatein proportionwith
growth
any
but
first year,
should
produce
management,
obtain
to
gradually increase, until
of five years
who
"17,500.
to
during
there
year
would
ranging
a
of course,
not,
second
seems
per
gradually bring the
high state of development.
sufficient
appreciable income
which
be
balance
a
IDS.
for
be
property
It could
the
left
an
development purposes, that is
buildings, fencing, breaking, etc. This
say,
sum
acre.f If
per
purchase price would
"30,000 available
to
"4
be
can
purchased for "3
were
acres
total
the
acre,
"3 and
for between
5
located,
well
quality and
land, of good
obtained
IN CANADA
LAND
BUY
TO
OF
THK
LAND
AGRICUTURAL
CANADIAN
IN
WEST.
property,
Columbia
AgenCentral British
The
send
interesting description of
us
an
Fort
George
purthe
near
property
Co
Land
Coast
chased
from the North
cy
HOW
TO
BUY
The
Rutley.
IN
LAND
CANADA
extends
to 1,637
property
has
roll of "1,606 a
rent
a
Frank
stated
that the Duke
year.
of Sutherland
the severence
regretted
the property.
of his connexion
with
though
Althe
had
rents
often
been
duced,
rebeen raised.
they had
never
once
is
property
close
the Fraser
to
River,
and
about
from
Fort
This
thirty miles
George.
has
tract
been
for British
reserved
settlers, and the present
price of lots is
Every
160
and
Mr.
acres,
changed
amounting
hands,
lot
the
tions
realiza-
to "45,754. Among
the
Woodend
Farm,
for
267 acres,
Farm,
."4,650;Carr
an
."3,550;
acres,
Hall Farm,
Stittenham
"3,400;
129 acres,
lots
were
Sheep's-Close
and
"7,800.
Farm,
280
(Times, of$thjune,
by
by
the Duke
of Sutherland,
him
Strathnaver.
The
"6
33.
6d.
"500
The
Settlers
named
consist
of
should
hava
(Canada,
of sand
acre.
per
each.
acres
and
capital.
lots
1913).
February,
the Duke
By degrees
of Sutherland
acquiring extensive
holdings of land
acres,
1912).
is
in
Canada.
His
latest purchase
is a tract
in the Columbia
Valley, Winderdistrict of British
Columbia,
mere
at a
of $100,000.
He will build
cost
a house
there.
(Canada, ofyoth Nov., iqxa).
of land
of
order
By
Grace
Hts
the
Duke
K.G.,
Sutherland,
annual
of
rental
of
upwards
Wellington Journal
of June
of
Lillesale, of
Shropshire,
shall Estate, highly important
of 8,500 acres,
with
upwards
total
a
"13,000.
is/, xgia.)
(NOTE."
The
Duke
of Sutherland
also
The
of Sutherland,
Duke
time
been
past
acquiring
Canada,
who
for
has
large
reported
have
made
to
of agricultural
land
at
Alberta.
is
chase
pur-
Brooks,
M.L.H.)
of
tracts
a
in Western
has just concluded
the sale of about
in
acres
50,000
district of Sutherlandshire,
the Assynt
of Sutherland,
to Mr. J. W.
Stewart,
a native
who
is now
railway contractor
a wealthy
in Vancouver,
B- C.
(Canada, of
land
29/6 March,
Lord
19x3.
Joicey
Welsh
Estate,
close
It is
bury.
to
decided
has
over
farms,
of which
in
first rate
and
miles
ii
there
his
sell
to
shire,
Montgomery-
Gregynog,
Newtown,
Shrews'
The
in width.
are
over
are
200,
with
model
condition,
"13,000
buildings, and
produce
some
The
is reputed
estate
to
year.
possess
of the highest
shooting
pheasant
some
Kingdom,
in the
of
and
there
of coverts.
acres
are
It extends
a
The
Exchange
informed
that
Telegraph
Company
is
has
chased
purnearly
of mixed
24,800
acres
farm
and
Fort
land
at
dairy farm
British
George,
Columbia, for which
he
paid approximately
1*450,000 ( "90,000).
(Times,
Lord
Joicey
ofx6ih September, 19x2).
hundreds
to
ly
near-
"black-andand
has
i6,coo acres,
a
white
of Elizabethan
mansion
design.
Collins
The
sale is entrusted
to Messrs.
will
be
and
the
Collins, and
estate
in July as
offered
whole,
and, if not
a
thus
sold, in about
lots, at New100
"
(Times,
town-
t.These
districts
Easy
which
than
March
figures
in
the
access
possesses
land
of
which
may
Prairie
^rd, ion).
be taken
Provinces.
as
In
a
general
British
facilities
good
Railway
in this respect
advantages
to
is not
so
fortunately situated.
guide
Columbia
of
course
naturally
to
prices
in newly
opened
the price is often higher,
land
affects
prices, and
commands
a
higher
price
Some
observations
to
as
THE
real
land
in
value,
depends
capacity
words,
it is true,
and
or
other
for
such,
rule
they
Annual
affect
the
quite
which
need
be
which
is
make
market
be
into
secondary
value,
considered
price.
a
for
comparison
But
as
our
the
present
between
their
applies
general
a
importance
is
are,
directly
value
and
other
account,
may,
productive
then,
in
its
on
amenities,
land.
cases,
of
;
social
of
capital
There
taken
affecting
question
productive
to
food
value.
value
individual
or
of
are
the
elements
as
with
of
climate,
as
its
say,
facilities, all of which
special
to
to
agricultural
entirely,
not
productive
instance,
indirectly,
rather
though
also
of
is to
producer
a
factors
educational
significance
and
as
annual
its
on
that
West,
mainly,
Price.
value
per-acre
Canadian
the
annual
"
intrinsic
or
West,
Canadian
the
in
Value
Intrinsic
or
its Market
with
Compared
as
the Real
Land
of Agricultural
PRICE.
MARKET
AND
VALUE
INTRINSIC
II."
pared
com-
capacity.
only
point
purpose,
real
value
8
HOW
TO
Productive
The
productive value
The
on
of
qualityof
and
while
dependant
conditions
of climate
price of
finished
and
be
to
various
enter
into
crops
and
cost
transport and
and
of
It will be
we
of
the
stock
charges
stock
our
the
be
such
diversified
stock
a
to
raising.
to
the
on
of the
ing,
market-
various
market.
of this article
the
acsertained
of the country,
market
namely,
mention, is not considered
profitablebranch
farming, that
case,
production, and
stapleproduct
wheat, which, it is well
to
of
on
of all
Canadian
all the
purpose
calculations
figures of yield, cost
pricefor
placed
when
sufficient for the
base
incidental
of
useful
no
in the
pricesof
market
the
article
an
each
of
cost
discussion
raised
by
It would
serve
productionin
other
and
products
of
scope
on
fattened
or
be.
may
detailed
a
the
product
case
the
extent
finally,on
and, indeed, it would
West, of the
if
the
as
and
crops
mainly
on
;
the cost
on
some
and,
;
harvested
impossible,within
purpose
weather
market
stock,
this nature,
the
and
the
raised ;
to
depends
description
for different
effort,is also affected
market
land
the
on
"
individual
transportation to
of Land
pieceof
stock
or
varies
which,
CANADA
Value
of any
the crop
production,which
stock,
IN
of considerations
number
a
and
LAND
BUY
of
agricultureas
is to say, mixed
grain and
YIELD
The
WHEAT
OF
Yield
of Wheat
average
yield
and
of
provinces of Manitoba,
for the past twelve
for
its accuracy
statistical records
of
or, if he
desires
Good
approved
"
Canada
The
of
and
while
common,
more
even
samples
The
to
the
ment
Depart-
Government
;
he may
yieldof
who
20
on
bushels
average
for
good
and
for
bad.
employ
the
most
cultivation, usually obtain
up
to
Demonstration
30 bushels
or
40
at
bushels
the
Farms
per
acre
acre
per
Government
from
selected
of seed.
sellingprice of wheat
market
*
may
of statistics which
is the
obtained
are
experimentaland
reader
the
as
quote
To-day, 1912,"*
average
however,
methods
to
by referringto
Dominion
considerablyhigheryields,25
being
The
bad, for good farmers
farmers,
bushels
20
easilyaccessible data,
in
23.
and
seasons
the
Alberta
unnecessary
be it remembered,
acre,
per
about
of
publications
and
more
found
and
22
pages
seems
comprehensive tables
be
to
and
the
generallyaccepted
so
himself
Agricultureof
refer to the
are
it
been
statistics in support of it.
detailed
test
has
years
9
in
acre
per
Saskatchewan,
yieldthat
the average
PRICE
Selling Price
wheat
figure is
This
acre.
per
SELLING
AND
Published
fluctuations.
by
the
Canada
House, Kingsway, London,
W.C.
A
is, of
market
Newspaper
course,
subject
price
Company,
of
90
Kingsway
HOW
io
cents,
If
if
bushel
per
take
we
this
miles
1000
to
rate
a
; then
out
at
which
admits
cents,
75
of what
estimate
net
per
cents,
pricethan
We
65
have
bushel.
This
less to
the
to
allow
than
guide us
yield,on
an
charges, all of which
admit
and
on
labour,
nicety ;
has
to
figureof
includes
made.
the
his
bushel
per
comes
high
a
for ;
never-
of
margin
on
in the
a
The
based
are
on
cost
industry
of
case
io
higher net
weather
which
the cost
of
with.
customary
incidental
tions
computa-
production depends
individual
the
be
A
proved
on
price,on
of
also, always
reckoned
of the two
of accurate
cannot
an
farmer
supervisehired
calculated
uncertain
to
a
factor,
generally accepted
production is $5
per acre,
ploughing, harrowing, seeding,
seed, harvesting, threshing,and
Here
market
abilityto regulate and
factors
be
per
of about
is not
a
average
and
largely on
cents,
production.
of
cost
existing freightrates,
being
12
look
may
preceding calculations,which
statistics of
producer's
producer
to count
not
the
mission
sellingagent's com-
the
to
;
cents.
come
now
and
calculation
our
cents,
3
price.
average
haulage
a
price to
best
bushel, and
per
of
producer
a
an
be
to
allow
we
charges
less, it will be
the
we
Winnipeg
the
is
freightfrom
to
elevator
cover
of
if
CANADA
the basis of
figureas
and
;
IN
Winnipeg
at
shipping point
bushel,
LAND
the cost
assume
we
BUY
TO
haulage
to
which
cost
of
shipping
point
WHEAT
OF
YIELD
consider
this
demur
Some
elevator.
or
$5.50
The
annual
then, works
out
Yield
of
Price
of wheat
Twenty
Deduct
bushels
annual
follows
as
of
at
of wheat
bushels
65
cents,
an
per
acre,
acre.
per bushel.
acre.
per
$7.50 per
.
estimate.
$10 per
that
acre.
to
the
in the
is
acre
an
here
note
of
net
Many
for from
Agricultural Commission
that
20
$5.50
.
to be looked
return
of
doubt, will criticise this result
it is of interest
acre
production
$13.
value
under
an
conclusion
of
cost
"
production
productive
judges consider
and
err
:
cents
65
people, no
being
annual
of
prefers to
productive value
wheat
cost
Some
as
admit
to
acre.
per
net
Net
writer
of this article,puts the
purpose
at
farmers
side of conservatism, and, therefore, for the
the
on
sufficient
The
thorough cultivation.
il
high. Others, however,
being
not
as
PRICE
experienced
figure too
it
to
SELLING
AND
an
annual
average
the
West
to
from
is
;
Scottish
came
revenue
Canadian
net
of wheat
acre
that
1908
competent
"2
2s.,
the
an
or
$10.50.
The
writer,however, will adhere
calculations, with
and
that
an
acre
$7.50
is the
of wheat
net
land
the
annual
result
to his
figures
own
shown,
namely,
productive value
in the Canadian
West,
of
VALUE
CAPITAL
land
developed agricultural
Canadian
in the
is to say, which
of land, that
"
13
has
West
ploughed,
been
fenced, and equipped with adequate dwellinghouses
and
buildings,and
of
not
no
six
than
means
noted
miles
it must
be
not
which, though used
a
higher value
of
its
distant.
The
is
above
be
and
applying to
land
agricultural
purposes,
has
proximity to
as
value
agricultural
town
a
in
demand
in
say,
pure
its pure
being
us
It is to
valuation.
taken
for
than
of its
account
let
"
land
appliesto agricultural
it
tance
dis-
reasonable
market
or
excessive
an
that
simple ;
is within
shipping point
a
more
by
which
and
the
the
future
on
bility
probafor
buildingsites.
Cost
If
land
the
be
capital value
taken
capitalvalue
at
by deducting
development.
on
the nature
involved
of
in
of
$75
from
The
of the
this
cost
land
of
of
and
on
raw
prairieland
and
estimates
actual
cost
of work
the
the
on
number
In
of the cost of
VIII.
quantity
and
cription
des-
later article*
a
West.
detailed in those articles
Article
be arrived
the amount
in the Canadian
*
acre,
development depends
buildings erected.
givescalculations
may
figure the
clearingand breakingit ;
and
$100 per
to
undeveloped land
fencingrequired;
the writer
developed agricultural
of
being from
as
the
of
of Development
are
developing
The
plans
applicable
general case
the
to
total
estimate
640
less acreage
of
would
Taking $15
value
this
above
as
acre
per
calculated,
$85
agriculturalland.
wheat, in
for
acre
per
arrive
we
This
figure
already exist
future.
the
It does
of
zone
is at
of
to
much
market
the
undeveloped
which
it is
land
values.
been
well
settled
may
be
the
of
the intrinsic
calculated
above.
districts,with
purchased
the
is
value
for reasoned
Let
the
us
turn
now
Canadian
both
West
developed
price, that
actuallychanging
time, is far below
have
price
"
which
Prices
prices. Throughout
market
in the
speculation.
for intrinsic
current
railway
land
to
as
for growing
assured
are
subject not
a
Market
So
suitable
railway development,
present
calculation,but
taken
convenient
or
capital
undeveloped
be
must
and
developed
real
a
and
apply
not
of
at
raw
district where
a
communications
of which
$17
average,
value
applying to good agriculturalland
beyond
of farms
development
an
as
the
from
sum
of $60 to
near
case
of
cost
acre
per
acre
"
deducting
land
In the
each.
for
per
proportionately higher probably
be
acre.
per
the
$13
about
to
acres
discussing. The
now
are
comes
of
large farms
we
CANADA
IN
LAND
BUY
TO
HOW
I4
hands
is to
at
say,
the
at
present
capitalvalues
Developed
and
which
land
in
ample railway facilities,
for about
$35
to
$45
per
acre,
PRICES
MARKET
is half,
which
value
at
estimate.
moderate
a
For
land
raw
distance
of
$20 per
to
lower
able
reason-
in
but
shipping point,
is asked
acre
price would
be
districts,
the
accepted, while
the
asked
be
newly
largeblock
for
;
probably
higher figure would
a
small
for
selected
prices represent only one-third
These
parcels.
even
proportionately
good qualitywithin
of
a
market
current
therefore, sparsely settled
opened and,
$15
The
is
land
price of undeveloped
lower.
half, of its real capital
less than
or
15
or
one-quarter of the intrinsic capitalvalue of the land.
The
investor, when
property with
any
careful
a
estimate
calculated
value,
estimated
own
for
the
the
investment
values
is drawn
its annual
in this article.
he
is
will
with
at
see
likelyto
be
productive
By comparing
the
a
make
capital value,
price asked
glance
whether
for
profitableone
a
the
following article,which
and
land,
prices of agricultural
between
United
values which
Canadian
States ;
demonstrating
States
of
over
not.
or
course
purchase, should
valuation
property
(In
the
basis
explained
as
to
its intrinsic
of
the
on
his
him
view
a
looking
considering or
how
is
now
to that taken
from 1850 up
land
figuresand
the
steady
also
and
a
deals
with
comparison
similar
statistics
are
rise in Canadian
land
in
given
land
in progress, is followinga similar
land
by agricultural
to the
in the United
present time).
VALUE
INTRINSIC
III."
P R ICE
AND
MARKET
Continued.
"
.
American
The
Migration
Rises
figures and
THE
article
show
of
price
of
that
the
price
land
of
Union
that
the
value.
emphasised
market
present
of
of
in
given
"
market
is
below
far
is
conclusion
of
comparison
a
quality
lying immediately
in
States
the
of
south
the
land
agricultural
Canadian
similar
previous
present
This
by
the
land
agricultural
capital
and
supported
with
calculations
Canadian
Canada
Values.
Land
conclusively
intrinsic
its
in
Western
to
national
inter-
the
boundary.
Value
Better
It
is
land,
exaggeration
no
such
$100
his
the
farm
purchasing
his
acreage
and
priced
An
by
farm
the
that
there,
the
transaction.
Alberta
in
and
be
bought
border
farmer,
Canada,
can,
agricultural
hardly
can
across
to
in
to-day
American
migrates
a
Money
say
acre,
districts
acre.
Less
to
$25 per
at
settled
per
is
as
Saskatchewan
in
for
under
sells
who
view
with
a
fact,
quadruple
Moreover,
he
to
often
VALUE
BETTER
obtains
statistics show
wheat
the
that
the
Canadian
West
being
of
large
well-to-do
and
farmers
for
in
settlement
The
become
and
an
of recent
What
New-comers
going
on
which
was
and
of
States
Dakota.
the
to
may
be
into
States
outstanding feature
years.
Have
which
this
seen
from
Brought
immigration
has
been
subjoined table,
the
recentlypublished by
reliable American
of
agriculturaldevelopment
Dominion
extent
in
wheat
against an
as
the
United
the
from
indeed
has
of the
the
annually increasing migration
Canada
the
of the
international
the
Minnesota, Wisconsin, Iowa, Nebraska,
The
lands
yield of
bushels
15
for
bargain ;
bushels,
20
17
fertile than
per-acre
average
of less than
average
south
lands
growing
the
more
are
MONEY
growing
the wheat
North-West
boundary,
into
quality land
better
Canadian
LESS
FOR
a
prominent
and
journal;
"
664,305
$1,150
$757.357.405
(^150,000,000approx.)
Revised
according
to
the latest available
information.
IN
from
years
have
people
million
close
1906-1912,
CANADA
that, during the
this table it appears
From
wealth
and
of former
the
from
The
a
land
shrewd
and
he
make
can
it
is the market
he
better
by
land
his
grasps
for
can
the
buy
with
a
who
in his
the
certain
wonder
He
that
increase in market
of $10 per
it
will
knows
or
like $100 per
He
what
State
own
values
; when
equallygood
that
his
in
as
he
new
that
the
and
or
judged
eagerly
farm
he
in
can
confident
steadily
land
agricultural
from
the low
less to its present value
acre.
good
of land
gradually
value, just as
most
understands
knowledge
State has risen in value
acre
who
buys
good living off it, and
own
evidence
quarter of its real value,
a
of
outright.
is for the
He
in Canada
opportunity ?
expectation
in his
land
number
farms
; his standard
standard, what
Canada
make
it, and
produce
he
is in advance
offers real attractions
practicalman,
priceof
that
sees
sees
farmer.
at
of settlers
incontestable
agriculturalland
American
effects.
Interior
increased
an
over
and
influx
the
a
from
them
the
purchasing their
the
when
that
of
States
figuresfurnish
Canadian
part
and
are
above
to
United
the
years,
new-comers
that
Minister
the
recentlyreportedthat
Ottawa
he
added
be
of
Canada
into
migrated
"150,000,000 sterlingin cash, stock,
It may
seven
two-thirds
on
States, bringing with
United
the
LAND
BUY
TO
HOW
18
of
level
thing
some-
understands, in fact,
of land, and
intrinsic value
the
HAVE
NEW-COMERS
THE
WHAT
this Canadian
19
recognisesthat
he
present priced far below
is at
land
BROUGHT
its real worth.
How
States
in the
In
connection
values
and
in the
with
refer
to
farm
This
lands
present
The
appreciationin
is the
values
States
of
values
average
Territories of the
and
1850
steady
throughout
up
feature
outstanding
tables
census
the United
from
by decade,
time.
statistics and
the
States
official
the
to
shows
for all the
decade
Union,
interesting
States, it is both
return, publishedby
(agriculture)
Government.
rises in land
subject of
the
United
instructive
in Value
Increased
Has
Land
and
to
the
of
the
continuous
period under
the
review.
The
figures for
Minnesota,
In
the
States
and
Iowa,
of Illinois,
Wisconsin,
Missouri,
population and
has
state
of the
had
of
in mind
soil and
to
their
development
period under
their
climate, all of which,
in
approximate fairlycloselyto
existing to-day
in
the
at
below.
contiguous
density of
the
mencement
com-
review, their general
and
agriculturalcapabilities,
seem
of five
selectingthis particulargroup
States, the writer
given
are
districts
of
conditions
the
of
aggregate,
the conditions
the
Canadian
LAND
SALES
of Actual
Striking Record
In Canada,
and
too, the
the
trend
steadilyupwards.
continuous
by
the
gives the
actual
of
market
How
been
sales of
Canadian
land
for the
past six years.
Sales
prices of
gradual, how
is shown
followingtabular
known
Land
ing,
populationis steadilyincreas-
this rise has
clearness
21
land
steady and
with
striking
statement,
land by
agricultural
company
month
is
by
which
a
well
month
is
This
sales made.
of actual
record
annually is, it
aggregate
sold.
acreage
it includes
"
is of
in the
first
sales
other
and
undeveloped form
; and
in the second
whole
the
period,thus
perspectiveof
mentioned.
period
the
conjunction with
in
a
of States
group
table
gradual rises
the
showed
Canadian
as
has
bulk
West
Northbeen
of the
is
quality
than
the
land
boundary
in
studied
be
of farm
lands
border.
to
land
pricesin
States.
same,
to
The
if not
the
present difference in market
price is
great
North-
of
South
the climate
the
course
same
in the Canadian
lying
; and
detailed
Certain
United
the
or
raw
given previously,which
the
land
agricultural
its
and
following the
in the
practicallyof
international
The
seen
of
those
prices during
should
point
West
place
throughout
clear
market
Values
to
seems
ticular
par-
place,because
month
in the value
across
Higher
Everything
of
It
the
by
giving a
trend
the
but
simple, in
pure
the actual sales month
panies
com-
table
agriculturalland
it shows
land
some
the
reasons
no
tic
authen-
an
considerably larger
a
But
for two
interest
because
show
doubt,
no
can,
mere
a
of land sold
bulk
The
large;
is true, not
is not
It
value, but
in market
of increases
estimate
CANADA
table.
remarkable
a
IN
LAND
BUY
TO
HOW
22
is
better
of
as
due
the
good.
solely
the
to
fact
is less dense
settlement
the
its
as
More
The
the
that
the
population
The
with
each
the
century
entered
which
and
the
priceof
land
of
a
;
1910-11
it
How
may
area
under
rapidlyland
be
seen
under
*
from
have
immigrants
for
the
for
of about
for
1911-12
eight
first
321,000,
was
was
1900-01
which
400,000*. As
a
being rapidlyabsorbed,
cultivation.
is
from
under
tion
cultiva-
the fact that, whereas
in 1900
being brought
wheat,
402,432
is
at
beginning of
311,084 ;
was
number
result of this influx,land
the
total
total, while
the
will remain
States, is increasing
Since
the
total for the year
brought
assumption
immigration, both
million
Dominion
the
believed
North- West
Canadian
United
two
of 1912-13
pointsto
be
can
sign of this, at present
no
from
over
was
months
it
Dominion
of the
succeeding year.
for
354,237,
in the
stream
the
the
;
is
There
and
Europe
the
and
for land
its present low level is the
at
rate.
49,149
land
price of
stationary.
and
South.
the
Cultivation
Under
Acreage
only hypothesis on
will remain
any
and
the
inevitablyrise.
must
that
of
progresses,
demand
population increases,the
products will also increase,
its
north
it is to
than
Dominion
of the
23
the
population to
that
boundary line
As
CERTAIN
VALUES
HIGHER
was
oats,
the
and
actual
barley
total.
in
the
TO
HOW
24
North-West
had
under
was
increased
increase
an
be
may
But
it
to
is
be certain
the
taken
acreage
bona
fide farmers
line
of
close
Railway,
offered
1912
the
settlers
by
on
by
of
;
before
to have
has
on
been
very
under
have
to
than
thus
sold
the
over
to
Northern
of
free
entered
were
and
to
small
a
in
crops
the greater part is
cultivation.
did
Minister
actual
1,300,000
lands
June,
portion
pro1912,
likely
Moreover,
not
press
of the
their
Interior
settlers last year
having
acres
been
disposed of.
In view
in
Land
of the
of
the
absorbed
and
seems
land
more
before,
ever
Rise
and
the
reported by
For
large. Along
probably only
of 1914
very
by
July, 1911,
year
a
year
acres
railway companies, though they
sales, are
this
Canadian
cultivation
brought
will be
Government
the
during
the end
been
the
accuracy.
least in 1914.
at
2,500,000
Dominion
under
any
there
1913
this increase
for settlement
up
this acreage
was
but
that
railway only,
one
with
in 1913,
For
acres.
What
it
in 1912
acres,
for.
foretold
be
large increase, if not
CANADA
15,000,000
again looked
to
IN
3,500,000
over
cannot
seems
LAND
BUY
Values
steady
rapidity
brought
a
Normal
increase
with
under
Growth
in the
which
population,
land
is
being
cultivation,it certainly
probable that pricesof land
in the
Canadian
RISE
North-
continue
will
West
25
in
show
to
gradual
and
steady
the
VALUES
LAND
IN
future
the
appreciation
have
that
has
in
done
the
the
in
rise
and
in
still
is
in
is
due
due
which
natural
to
undue
speculation
would
rise
view
in
justifiable,
to
or
way
further
A
absurdly
land
agricultural
of
recent
no
inflatation.
understood
clearly
be
years
causes,
and
value
the
it
Let
past.
place
taken
they
as
same
of
the
be
fact
both
that
intelligible
prices
are
low
as
compared
with
intrinsic
values.
IV."
is
IT
of
his
his
of
sum
to
the
time
as
to
au
the
best
results
may
three
years
ago
Some
with
to
owing
of
to
He
touch.
the
the
recommend
following
outline
by
the
be
modified,
reader
had
of his
results
of
as
of
absence
tour,
same
a
a
good
he
tour
suggested
or
and
does
must
programme
with
he
years,
to
extended
himself
West,
to
course
similar
curtailed,
some
reason
and
he
as
make
the
throughout
an
such
an
industrial,
agricultural,
recent
the
made
West,
to
views
from
himself
was
the
of
obtained
he
tour
a
his
stating
be
object
development
which,
with
His
advocates.
therefore
estimate
an
large
a
discussing
Canadian
the
of
tour
He
and
how
regarded
land.
giving
West,
be
investing
to
the
of
to
article
involved,
railway
out
this
meet
to
view
the
should
Canada
expense
fait
likely
In
and
extensive
property
Canadian
devote
Canadian
visit.
now
to
should
West
preliminary
in
money
proposes
in
visit
indispensable
an
a
purchaser
Canadian
the
of
would-be
a
requirements.
personal
a
in
selection
own
individual
writer
that
land
agricultural
make
as
desirable
highly
INVESTIGATION.
OF
TOUR
A
be
satisfied
not
hesitate
others.
be
was
The
considered
only,
according
to
to
TOUR
A
the
inclination
the
time
of
and
INVESTIGATION
OF
of Introductions
will
derived
points
from
is that
by putting
him
to
knowledge
to
for
be
a
supply
perusalon
the
not
the
rather
aim, and
both
opinion of
about
at
his
facturers,
manu-
politicians.
greatest value
with
may
men
whose
be
assured,
disposal.
is
important preliminary arrangement
obtain
quality
of the
at
men
Supply of Literature
A
Another
and
in touch
leaving
bankers,
"
farmers,
him
first of these
leading
experience will,he
and
readily placed
be
The
to
will prove
introductions
or
which
to
should, before
the Dominion
merchants,
Such
itself.
traveller
important points in
one
pleasureand advantage
the
introductions
obtain
England,
to
the tour
the
attention
mentioned,
be
considerablyadd
to be
suggested route,
discussing the
points may
two
to
available.
means
Importance
Before
traveller,and
individual
the
27
of literature
In
journey.
than
authoritative
the Dominion,
making
should
and
the best
for
one
be
of
taken
up-to-date.
sources
whose
Canada
the selection
quantity should,
nothing
the writer
dealingwith
course,
which
In
is
the
of information
object is to
make
SUPPLY
A
will afford
railway companies,
Some
his
Throughout
before
him
at
town
the
tour
traveller
our
which
he
on
he
should
stays
and
should
he
;
his
to
seeing with
of
the
his
to
At
of
should
the
also make
the
eyes
farmers, and
of
the
the
farm
see
obtain, from
other
particularsof
the
and
of the average
the
cities he
companies
and
enough
by
to
"
have
crop
condition
the
renters," etc.,
introductions
perity
proshand
first-
some
income
time
same
yield of
with
agents
to land
view
a
he
Government
the
priceof produce.
estate
into
of information,
get into touch
as
with
published
official sources
market
obtaininginformation
farms
the
as
excursions
actual
the
the
side of its
productivity and
average
should
city or
much
gauging
At
keep
across
as
obtaining
lands.
statistics and
land
own
each
commercial
agriculturalcommunity,
knowledge
value
present
should
surrounding agriculturaldistrict
of
the
journey
endeavour
industrial
the
development
for
of
tions
founda-
Hints
his visit.
possibleof
the
Useful
object of
Continent
of the
development.
of her
state
information
all the
prosperity,and
Canada's
of
29
student
ardent
the most
required by
LITERATURE
OF
the
with
a
district
Within
leading
view
to
values, the demand
If he
to
is fortunate
members
of
the
TO
HOW
30
LegislativeAssemblies,
Provincial
generally,and
natural
Country, and
have
which
United
direct
a
Let
West
The
he has
ought
to
an
no
the
with
of
Mother
of America,
indirect
bearing
on
achievements
will
assist
West,
offers to
will
They
and
up
as
the
gauge
will be
of
a
leave
attained
a
future
he
on
his
wealth,
of
factor
in
wealth
and
whole
and
of the
capital.
prospects of
created
newly
the
invested
But
municipal enterprise,which
of
to
traveller,
industries, and
prosperous
sisters,the
younger
Dominion
"
him
our
of the
Quebec, Montreal,
principalcities
and
route
the East.
and
impressionof solidarity
the
summing
suggested
lingerin
Toronto.
and
Tour
objective of
to
reason
established
their
the
to
is the
its
see
Ottawa,
mind
turn
now
us
tour.
the
conservation
States
or
of the
Route
of
the
values.
land
and
subjects as
the
relations
the
with
structiv
in-
encouraging immigration,
for
trade
resources,
all of
such
railways,
of
extension
of
Dominion
the
on
particularlyon
policy
Government
views
their
hear
to
House
or
interestingand
it both
will find
he
Commons,
local
the
to
or
Senate,
Dominion
the
of
members
the
CANADA
IN
LAND
BUY
cities of
his final mental
prosperity of
securitywhich
the
it
FROM
At
day,
Quebec
he
will not
but
two
visited
let him
go
Marie,
where
the
by
rail
large works
should
cities
"
Sault
industrial
centre,
lake
From
Sault
steamer
to
Arthur
Port
rapidlyincreasing
Their
huge grain elevators
To
see
are
needed.
is
East
the
the
cities
two
The
at
Winnipeg,
required in
where
order
the
by
well
are
thoroughly
two
to
at
least
four
see
both
the
or
is
now
about
land, and
he
from
the
enter
here
halts, it is the
cities which
than
to
must
area
onwards,
of
Lake
the cities themselves.
route.
worth
seeing.
three
or
days
traveller
our
five
days
are
and
the
traveller
Our
cheap agricultural
at each
his chief
which
point at
agriculturaldistricts
claim
Western
city itself
surrounding agricultural district.
twin
tant
present impor-
stoppingpoint for
next
Marie
"
These
to
the
Ste.
chieflyas being the shippingpoint for
grain consigned
Ste.
looking over
two
or
risingindustrial centres,
are
should
Toronto
to
steamer
given
Superior Corporation and
he
William.
be
may
From
growing
subsidiary companies.
Fort
each
than
more
Toronto, which
lake
Lake
by
31
stay
named.
day
a
to
days
its
and
Winnipeg
and
by
or
of the
travel
to
order
spend
may
WINNIPEG
need
important and
an
he
in
TO
three
or
Montreal, Ottawa,
to
be
From
Quebec
one
up
QUEBEC
round
attention
the
rather
HOW
32
From
or
to
Edmonton,
three
days, and
inside
of
if he
days
districts
From
for
Red
he
few
Deer, and
Lacombe.
make
of
point
a
the
south
While
Railway.
Calgary, where
at
Canadian
visiting the
to
for
city,giving specialattention
doing
From
Calgary
westwards
to the
route
Sicamous
to
the
and
British
our
traveller
in order
fertile
Junction,
in
an
to
should
readyfacility
proceed
breaking his journey
spend
a
order
to
pay
In both
a
and
similar
these
opportunity of seeing for
in the
week
C9lombia Valley,
Okanagan Valley.
will have
their
Columbia
Pacific Coast,
Golden
at
beautiful
lies east
this.
In
en
Pacific
will offer every
the company
should
days, he
of the
;
Calgary,
Wetaskiwin,
which
farms
ten
Pacific
to
at
four
or
to
for
recently
Northern
tract,
Railway Company's irrigation
made
him
Trunk
route
three
Round
requireup
Grand
en
three
or
occupy
along
turn
days
usefullystay
may
the
two
newly opened agricultura
West
let him
a
to
will
he
Canadian
the
Edmonton
stopping
of
routes
and
Railway
plenty
the
to
at
for two
Edmonton.
visit the
to
via Saskatoon
Saskatoon
each
and
and
week,
a
decides
constructed
day
one
will find
he
will be
stopping at
for
CANADA
IN
route
Saskatoon
points between
the
his best
Winnipeg
Edmonton
LAND
BUY
TO
at
visit
valleyshe
himself
the
industryof
lands
fruit culture, and of
offered
and
At
the
ten
days,lookingover
and
Victoria, and
him
branch
by
the Lake
from
the
via Cranbrook
and
spend
week
and
lie around
Pacific
a
eastwards, let
Landing
Nest
Pass
and
to
and
Lethbridge.
days
should
fine
irrigatedagriculturaldistrict, where
farming
alfalfa
is
and
coal
Regina,
three
or
traveller
at
days
should
completed
will
mining
his
be
the
sea
the
Macleod
some
of
centre
a
mixed
each
of which
should
be
and
between
three
Hat, Moose
From
Jaw,
of two
Regina
Winnipeg, having
pilgrimage of
the
an
Lethbridge
places a stay
made.
to
return
about
It is also
From
centre.
via Medicine
tour, if carried out
occupy
city is
the
thence
stay of
a
important part.
an
Time
This
;
travel
the production of
practicedsuccessfully,
should
route
Lethbridge
made
playing
important
the
be
or
productive
Revelstoke, and
at
the Crow's
At
un-
them.
Coast
Kootenay
to
and
beautiful
off southwards
route
fruit trees
may
which
the
state
Westminster, Vancouver,
New
agriculturaldistricts
Returning
he
coast
orchard
uncleared
an
with
planted
33
inspectingthe
in
sale, both
for
cleared, both
planted.
COLUMBIA
BRITISH
IN
Canadian
our
then
West.
Expenses
as
indicated
months
Liverpool and
"
by
seven
the writer,
days
on
Quebec, ninety days
HOW
34
travellingon
the
on
BUY
the
Continent,
LAND
be
about
followingtabular
"200,
CANADA
and
days again
seven
will be
as
the
from
seen
of the items
statement
total
The
Liverpool.
returning to
water
should
cost
IN
TO
ture
expendi-
of
:
"
First-class
Extras
.
.
.
First-class
.
.
.
Quebec
to
.
.
.
.
.
.
.
and
for Pullman
"18
10
o
i
10
o
.
Quebec to the Pacific
return, by the route sketched
railway
Coast
Extra
Liverpool
passage
fare
^30
o
o
800
sleeping
car
.
.
.
.
38
-
Food
in
dining
of $i
Hotel
a
on
cars
at
an
average
for 15 days
per diem
cities and
country districts
3 meals
meal,
in the
expenses
railway
25
days
at
$5
25
days
days
at
$4
$2.50
25
at
9
$125
"
days
$45
"
$100
"
$62,50
"
58
$287.50
$3.75
average
per diem.).
Hire
of riding horses
and
driving buggies for
the
$100
getting about
agricultural districts
Miscellaneous
and
expenditure
contingencies
First-class
to
sea
Quebec
"18 10
Liverpool
passage
o
Extras
o
75
"
(an
of
20
35
..
.
i
.
10
Total
The
than
total cost
over
ought
to
"200.
the
addition
to
the
addition
of
about
purchase
of 5000
a
of
as
to
acres,
per
which
for the
personalselection.
rather
considered,
it
as
part of the initial capital
acre
9|d.
pay
be
it will
per
be under
should
sum
investment
large price
a
If this
be considered,
of
cost
of the tour
"200
..
..
represent
cost
of
the
acre
in
the
cannot
undoubted
a
land
case
small
an
"
of
a
be considered
advantage
V."
THE
THE
OF
REQUIREMENTS
INVESTOR.
IN
the
suggested
sketched
writer
in
out
did
purposely
province
than
another
looking
for
himself
As
has
be
must
to
be
the
decision
modified,
followed
is
to
a
which
to
see
to
where
to
make
the
minor
a
examination
attractions
not
to
of
investor
the
of
only
outlined
tour
to
by
the
only,
according
and
route
the
a
number
the
each,
price
of
that
to
prior
make
different
advantages
giving
land
be
to
principle,
of
the
to
pared
com-
ought
investigate carefully
offered
comes
purchase.
again lays emphasis,
property
the
consideration
importance
writer
he
his
actual
The
the
great
enable
traveller
a
thorough
confined
programme
individual
relatively
purchasing
He
extended,
or
available.
the
investor
before
suggested
a
likely
of the
the
explained,
as
of
districts, and
and
ought
ticular
par-
more
would
which
route
curtailed,
means
with
on
as
considered
and
requirements
he
already
inclination
time
a
what
see
been
being
as
the
one
any
agricultural property.
an
to
final
a
the
meet
tion
investiga-
article,
recommend
district
or
of
tour
a
proceeding
the
not
indicating
to
traveller
to
to
of
programme
due
and
sideration
con-
to
the
"INVESTMENT
THE
income
and
;
the
shortly expected
for
is
income
professional
a
him
making
would
rash
are
the
of his
excess
main
or
and
to
regularityof
sole
these matters
out
clear
obtain
conception of
his
from
and
far
as
"
their
concerns
on
an
a
safe income,
increase
importance ;
aim
primary
value
them
and
It may
be
from
who
to
in his
mind
own
desires
he
to
objects,"into
ment
primary require-
who
are
secondly,those
who
bound
increase
an
divided,
be
may
as
of
to
make
in the
disregardingan
future
they forego in
the
present.
down
the investor
demands
his investment
a
an
as
in Canadian
safe and
from
axiom
the
it their
capital
immediate
the
laid
look
secondary
looking to
and
applicationthat
land
and
obtain
to
for what
himself
capital value
in
return
of
to form
whose
of their investment,
income
considerations
investment
"
is
income
investment.
classes, first those
two
perhaps
a
investor
Speaking generally,investors
as
of
result which
the
ments
invest-
whose
one
are
It is, then, for the
think
savings,
security of
dividends
has
who
one
requirements,
source
whom
wise,
even
invested
of his
foolhardy for
or
income,
moment.
a
in
for
or
means,
independent
be
narrow
and
and
permissible,
of considerable
man
a
or
available, for investment.
be
to
37
immediately available,
sum
which
investment
An
OBJECT"
to
of
reward
general
agricultural
steady income
return
outset, must
confine
38
HOW
himself
to
in
farms
vicinityof
population increases
farm
to
produce
case
of land
acre
price asked
of
rather
lying close
the
immediate
used
for
very
small
who
as
as
well
based
while
than
demand
for
a
noted
that, in the
limits, the per-
to town
not
actual
the
on
future
value
further
growth
fact
be
property
will be the income
be
that
The
for
there
to
from
on
but
building
of the town,
be
may
no
would
its
land, if
such
probably
price;
so
be
small,
put it beyond the reach
of the investor
consider
of his
its
the
security.
town
adequacy
At
distance
a
limits, prices will be
agriculturalvalues
farther
where
still,
out
it is close to town,
liable to
with
compared
as
to
as
Where
from
revenue
agriculturalpurposes,
has
two
the
town
ing
prospect of its being required for build-
purposes.
indeed,
of
the
agriculturalpurposes,
probable
notwithstanding
the
sure
up
for
in the event
purposes
closer
usually based
land
its
on
is
good rentals, which
local
more
tricts
dis-
where
towns,
the
it must
But
settled
proportion as
as
The
grows.
rentals.
value
and
limits the
the town
from
in well
at
rise in
to
CANADA
established
readily lettable
tendency
a
IN
developed property
the
are
have
LAND
BUY
TO
settlement
remain
pricesdiminish
unoccupied
varying periods.
This
is
a
farms
from
a
found
and
pure
settlement
is sparse,
of
income
or
to
be
simple,
is less thick
appreciably.
are,
time
mile
of course,
to
time
contingency which
for
must
THE
overlooked
be
not
"INVESTMENT
OBJECT"
the
by
objectis a steady income
lower
the
within
settled
distance
some
tenants
in
loss of income
The
a
above
guide
obtain
the
to
enter
therefore
may
gradual
the
developed
witnesses
Canadian
or
the
which
settled
who
are
question
purchasing
as
serve
from
return
an
investment
influence
with
to
his
increase
does
not
his selection,
judgment,
participatein
each
to
the
value
he
that
of all
succeeding year
districts
agricultural
of the
North-West.
Newly
To
his
purchases
lands
in the
of
will
steady appreciationin
farm
this
question of
unreasonably expect
but
when
primary object is
income
of
for
cheaper property.
whose
into his calculations
not
idea
considerations
annual
nevertheless, if he
ment,
settle-
temporary
a
weigh
rejectingthe
capital value
the
investors
to
secure
a
; and
well
investor
by
purchaser
will do
capitaloutlay. Though
in
the
lying
removed
of the
centre
discomfort
general
time,
same
during periods
revenue
and
distant
primary
which, while
face without
carefullybefore
more
actual
be obtained
cannot
positionto
a
the
of
shortage
some
land
easily compensate
may
the
is nevertheless
area,
from
whose
At
return.
price of
per-acre
the
investor
39
investor
present income
and
Opened
who
to
can
make
Districts
afford
his
to
disregard
primary object
an
lands
farm
developed
afield, and
farther
developed
or
land
raw
selection of such
of
considerable
that
and
history of
in the
remembered
is
immigration
taking place
ever-increasingscale
either
Land
town
property
Dominion
Provincial
newly-opened
is every
encouraging
settlement
development.
of
purposes
There
the whole
as
well
railways.
The
their
future
is, in fact, the key
efforts
of
the
towards
promoting agricultural
vast
for
areas
of
practical
their present
is a questionof
accessibility
course
to
as
directed
is limited by
availability
inaccessibility
; and
grant
immi-
tion,
descrip-
some
good qualitystill available, but
their
and
enormous
of course,
are,
be
agricultural
property.
or
are
and
areas
North-West
of
estate
if
It must
the
an
of
probability
well.
on
Government,
Governments,
the
studied, and
practicallyevery
and
acquiringreal
at
into
enters
be
is being rapidlyabsorbed, and
the
land
;
The
development
throughout
that
aims
foresight.
out
turn
may
district.
the
districts
settled
purchase
a
go
partially
to
newly-opened
a
inquiredinto, there
carefully
are
must
property calls for the exercise
a
present local conditions
of
thoughts
judgment
if the
and
older
in
district
He
scope.
speculationundoubtedly
of
project,but
the
of his investment,
well-settled
a
his
turn
The
element
in
sufficient
scarcely afford
will
CANADA
IN
capitalvalue
in the
increase
LAND
BUY
TO
HOW
40
the
of
railway construction
problem
of
investment
NEWLY
in
land.
raw
in the
and
the chief factor
of
into
forest
well
a
crops,
and
home
of
a
four
A
community.
obtained
the
three
Canadian
Pacific
Railway,
and
These
of the
one
of the
both
Grand
large banks.
accessible
to
permissibleinformation
land.
companies
branches
so
as
Mere
to
and
the
produce
the
bona
from
the
traffic
officials
be
on
development,
are
found
give
all
fide purchasers of
of
the
railway
their
new
rapidlydeveloped,
which
acquire land
who
to
tributary to
should
fide investor,
application
on
ready
interests
areas
extensions
speculators,who
it back
the
that
the
Railway.
general rule, be
bona
to
it is to
For
Pacific
inquirersand
the
Northern
Moreover,
a
be
may
"
Canadian
the
course
railways
Trunk
companies will, as
the
reports of
recent
easilyobtainable
are
of the
future
near
most
Raiiway,
the
reports
idea
transcontinental
great
months
populous agricultural
in the
by perusing the
the
become
may
years
fairlyaccurate
railway construction
easily,by
actually producing
and
prosperous
unbroken
an
in twelve
area
or
will
same
is to-daymerely
may
turned
always
settlement
The
What
bush
or
cultivated
in three
in the
prairieor
railway, be
a
41
has
areas.
of uncultivated
of dense
advent
new
in the future also.
case
expanse
tract
to
of
development
an
DISTRICTS
communication
Railway
past been
be the
of
OPENED
they
merely
subsist.
to
discouraged;
purchases
to
hold
but
develop,
HOW
42
TO
confidentlyturn
may
and
companies
be
officials of the
assured
from
him
CANADA
that
which
railway
information
no
legitimately
can
given.
There
other
are
which
influence
and
and
factors
the
they
tend
district
attractions
investor
will
him
guide
very
that
deny
there
the
is
; and
and
West,
on
a
that
there
agriculturalland
up
beyond
of
while
doubt
If he
bright
so
are
small
the
good qualityif within
he
can
meet
or
ment
settleNorth-
actual
Let the
such
prospects
of the
of
chases
pur-
be idle to
rapid is the
risk
to
future
speculationin
of
in full at once,
that
indications
it would
railway facilities.
for his land
a
of
prise
enter-
capital.
of
possibilities
whole, and
is but
of
a
place his capital in
agriculturaldevelopment
distance
pay
as
prosperityof
lack
element
an
assured,
openings.
the
project,nevertheless, so
of the Dominion
to
favourable
great
railway
are
investment
decides
judgment,
power
industrial
to
certainly not
to
as
with
profitare
who
water
with
of
prospects
to
ment
settle-
secondary consideration,
by offeringinducements
land,
raw
coal,
as
compared
of
raise the
to
railways,
rapidity of
transportation facilities
and
The
such
are
the
for instance, the presence
As
gas.
development they
where
and
course
resources,
natural
but
also, besides
development, as
natural
of
a
IN
the
to
may
withheld
will be
be
LAND
BUY
loss
able
reason-
purchaser
let him
the annual
be
sure
instal-
of the
ments
let him
the
in hand
keep
addition
of
sufficient
a
entire
of the
all
the
to
income
the
on
considerations
investor
his
also
education
amenities,
carry
out
property.
which
the other,
on
or,
alreadyindicated
as
are,
will influence
district in which
a
such, for instance,
"
to
sum
hand,
one
in his selection of
purchase
and
important questions of
there
capitalappreciation,
other
;
fall due
Considerations
Personal
of
stability
43
purchase price as they
development
In
DISTRICTS
OPENED
NEWLY
the
to make
climate, social
as
facilities,and
a
personal
preferencefor, or knowledge of, a particularbranch
of
agriculture.To
considerations
of these
the
purchaser
it himself
whether
he
proposes
the
Englishman
of
the
he
to
tropics,find
himself
of the
valleysof
Coast, and
Columbia.
resell it ;
dry
The
To
"
or
an
ance.
import-
and
bracing
delightfully
that many
who
what
to cultivate
is of real
finds the
aware
on
tenants.
climate
rigorous,and
Pacific
British
to
North-West
he is well
it too
importance
his property
it and
on
lease it to
particularlythose
and
with
proposes
Canadian
but
invigorating,
climate
reside
questionof
writer
The
do
to
to
whether
;
the
extent
naturallydepends
proposes
he proposes
whether
winter
great
a
have
men,
English-
lived
in the
prefer the
warmer
of the
Southern
presence
of social
LOCAL
VI."
HOW
ADVICE
OBTAIN
TO
selecting
rely solely
do
well
all advice
carefully
must
also
try
of
any
value
the
of
its
touch
with
get into
to
advice
that
introductions
and
is
For
would-be
of
difficult
lihood
like-
to
reliable
get
it is also
this
and
the
he
otherwise.
dearth
into
possible
it is most
reason
should
investor
individuals
to
and
or
though
men,
which
source
no
it.
appraising
of
disinterested
hands.
the
its
weigh
rejecting
or
information
to
will
criminate
dis-
must
should
habit
it is not
right
bad
the
or
there
and
the
fall into
essential
firms
of
have
standing
repute.
The
In
a
at
Importance
of
article
the
previous
desirability
men
adopting
being
advisers,
expert
to
before
not
he
;
he
consults, and
Canada
Throughout
But
he
recieve, according
may
judgment
others.
whom
to
should
investor
the
unaided
own
consult
to
as
He
his
on
IT.
OF
property
a
MAKE
TO
HOW
AND
IT,
USE
IN
INFORMATION-
AND
of
obtaining
important
introductions
will
points
prove
Introductions
mentioned
writer
introductions
in
of
the
the
to
the
leading
Dominion.
greatest
Such
value
for
TO
HOW
46
the
and
hearing
for
knowledge
affairs
No
development.
good
and
he has
and
kindness,
information
as
though
of
getting information
and
with
fellow
Even
the
indirect
is the
and
talk
of
courtesy
impart
to
has
he
introduction
of
are
Canadian
the
best
a
by
no
Bank
country, its opportunities
interchange
hotel
means
views
of
acquaintances.
hints
or
to
intending
to
be
affords
despised.
Managers
introductions
visitor from
of
means
society sometimes
guides, warnings,
which
them,
whom
to
a
The
from
less valuable
the
about
travellers
small
of
letters
course
resources,
investors, which
One
make
visits to Canada.
his various
Another,
part of those
having
in
neglect to
unfailingreadiness
as
public
Canada's
much
remember
to
of
introductions.
such
reason
in
fortunate
been
with
men
to
great advantage
the
on
they
in
of
problems
should
well
ditions
con-
education
an
Dominion
with
of
and
proposes
derived
has
writer
business
visitor who
the
himself
provide
on
of
study
serious
social
and
views
almost
themselves
in
economic
the
the
experiencein
and
are
first hand
at
local
with
personally acquainted
becoming
for
afford
touch
opportunitieswhich
the
generally;
CANADA
IN
getting into
of
purpose
LAND
BUY
for business
England
can
poses
pur-
have
is
introduction
an
of the
have
East
from
branches
to
by
introductions,
where
business
in many
the
and
its
have
subject which
the
in
investor
the
prosperityenjoyed by
generally
may
and
be relied
the
on
information.
one
who
bank
has
The
manager
not
him
in matters
him
much
only
the
tion
give informa-
the
concerns
the
of
degree
particular. They
disinterested
has
of his
acquaintance in
in his mind
of invaluable
stranger.
in
professional
writer
been
gradual
namely,
"
and
in
of business, but
a
to
give impartialand
personal kindness
comparatively
its
up
agriculturalcommunity
farmers
to
grown
all others
crops
their
"
class of
above
the
experiences are
agriculturalland
produced by
managers
standing in
Their
competent
more
take
leading part
a
no
of
may
The
have
taken
prosperity.
is
men
chain
witnessed
have
able to
integrityand
them
respects unique, and
business
wealth
of
country,"
building up
on
for their
ability. Most
the
of
men
from
are
he
route
journey.
are
selected
development,
or
what
his
local branches
banking world,
with
break
they
continuous
a
matter
no
he may
of these
of which
with
banks
Dominion
the
one
office of
head
the
to
over
means
traveller
a
of
All the great Canadian
scattered
West,
47
branch
London
banks
in Canada.
furnish
or
the
great Canadian
the bank
MANAGERS
BANK
CANADIAN
who
and
more
the
than
West
assistance
has
to
also shown
hospitalitywhen
LAND
BUY
TO
HOW
48
Real
It should
the
of
sphere
advice
investment.
assistance
actual
is rather
advising
by
district.
The
real
and
purchase
just
what
from
afford
wait
to
a
unjustifiably
investors
turn
assistance
need
their investment
or
a
return
a
sure
whether
their
on
and
the
that
it has
is made,
requirements
matter
is
property
not
of
of
come
immediate
fault.
it is the
the
regular
outlay to
Where
cultura
agri-
worthless,
intrinsically
to
the
individual
revenue
real estate
investor
can
come
usually is
reason
up
the
disappointmentsthe
whereas
in the
they
appreciationin capitalvalue.
in Canadian
unsatisfactory investment
that
to
property, expecting him
they
for
land
in
Western
of
in the form
an
of
and
business
of
agents
and
great
they need, without, however,
statingclearlywhether
income
doing
Some
land
a
character
is sometimes
agent for advice
real estate
find
estate
of
be of very
the
to
give
to
property for
a
business
agents
maligned.
disparaged or
to
the
as
class which
a
are
selection
of
banker, however, may
estate
a
it is quiteoutside
selection
real
Canada
that
manager's business
of
reliability
the
Agents
in mind
bank
This
The
agent.
a
the
to
as
Estate
be borne
CANADA
IN
not
but
expectations or
investor
return.
in
For
the
such
agent is often blamed
himself
who
is most
at
REAL
any
other
vary
in
be
to
much
are
with
hanging
limitations
city or
district where
in which
little
they
for
use
agents
the
to
as
If their
in
community
on
the
are
is
given
for
to
the
"
agent
not
in
course
merely
seller,thus
He
fault, it
a
of the
it is
a
fault
present optimism
well
justified.If they
"
least their
boosting
"
entirely conscientious
an
their honest
the situation.
and
part
ment.
of invest-
is
and
or
own
the
to
boosting,"at
estate
all classes
Canada,
usually been
of business
of their
of view
prevalent among
most
constantly in
point
up
the
to
real
consult
optimism
Western
has
expressionof
volume
the
right side, for
in Canada
outlook
It is, therefore, of
to
unbounded
is
which
course,
business, and
on
carry
respectivemerits
district from
another
one
they
investor
the
of
Their
faults.
quite
are
have,
inteersted.
are
there
perhaps naturallyso,
usually limited, and
so
high standing,
honourably and
their
and
"
sharks
such
one
and
misrepresentation. They
their
is
for
But
"
over,
business
in the
good repute
their clients
treat
above
it.
to
on
of firms of
scores
perhaps,
are,
not, however,
"
like
Canada,
all the world
men
reliability.There
as
who
is
class of business
met
49
agents of Western
real estate
The
AGENTS
ESTATE
With
views.
an
enormous
buying and sellingreal property
of transaction, the
fills a
acts
want,
as
a
but
medium
eliminatingfrom
is
a
real eatste
necessity of
between
their
buyer
transaction
HOW
50
a
of
element
the
BUY
TO
distasteful
of
But
services
which
and
judgment
neglect
intrinsic
value
and
him,
only
price
inquiry
with
of
of
he
his
own
similar
and
his
make
to
any
He
which
the
compare
as
comparison
of
estimate
property
estimate,
himself
of
also
but
ascertained
with
may
price
with
by
recent
such
experience
nevertheless
sense.
own
treaty.
and
must
should
land,
by
availing
common
often
so
Sense
knowledge
them,
is
private
by
Common
the
accompany
own
to
of
and
sale
while
investor,
the
a
and
Judgment
which
bargain,
personal
feature
CANADA
IN
LAND
use
should
his
not
real
the
offered
be
asked
the
or
not
market
independent
sales.
VII."
SCHEME
IN
article*
which
tendency
past
and
part
of
it, who
making
A
and
figures were
also
but
of
the
thereby
obtain
in
agricultural
sufficient
reserve
when
It is
now
of
a
step
and
income
in
proposed
Canadian
breaking
the
*
individual
only
not
from
equal
his
develop
and
to
undeveloped
an
ought
a
English
to
to
with
a
it, which
yield
should
a
siderable
con-
steadily
value.
from
Vide
financial
a
capital
to
raw
ing
show-
equal size,
discuss
in detail
agricultural
by step,
given
of
income,
capital
was
estate
fully developed,
annual
appreciate
the
their
case
least
at
addition,
Canadian
estate,
specific
income,
of
exchange
advantage
probably larger than
estate,
in
from
can
works
the
on
sell
out,
well-secured
thoroughly
and
Canada.
the
to
time
some
to
purchase
to
exchange
an
point,
proprietors,
and
exemplar,
such
for
the
gaining ground,
be
to
in
discussed
writer
apparent
landed
land
an
how
view
been
properties
as
the
seems
English
agricultural
taken
has
which
English
DEVELOPMENT.
OF
former
a
GENERAL
AND
PRICE,
PURCHASE
the
i,
Article
an
man,
English-
stage
land, right down
Page
ment
develop-
by
estate
initial
the
I.
of
to
fencing,
the
final
CONDITIONS
through
run
from
share
and
it for mile
furrow.
Columbia
expensive
Saskatchewan
of
cost
in
raisingcrops
has
said
been
of
be
be found
subjectto much
a
those
enunciated
is extensively
Alberta,
it would
which
may
variation
be
of
plan
one
any
would
any
however,
principles,
here
of
yields. Enough
all its details to
General
and
valleysof
to the cost
that
formulate
of the West.
the
makes
operation,
it clear
equallyapplicablein
to be
it adds
tract,
agricultural
an
with
which
increases
make
to
scarcely possible to
development
orchard
of annual
certain, and
more
oats, the
in Southern
while
initial development and
crops
and
too,
Irrigation,
in
Again,
compared
fruit in the
in British Columbia,
and
heavily timbered,
break.
raise
lifting
hand, in British
Alberta, wheat
Columbia.
used
and
little to
cost
is
53
without
other
land
clear
and
producing
British
the
the
to
mile
upon
On
of
much
chief crops,
SURROUNDINGS
AND
in
part
will not
practice,
safelytaken
be
as
guide.
Let
acres
us
turn
the
was
to
now
Article I.,and
example.
our
size of
the
it would
be
closelyas possibleto
this
640
acres
each
would
us
assume
then,
us
further
assume
Alberta, in
and
mixed
a
a
that
district well
farming, the
of
to
Eight
area.
to
5120
eight
land
adhere
sections
in
for wheat
in
as
of
Let
acres.
sections.
it is situated
adapted
thousand
instanced
estate
convenient
amount
tract
Five
Let
Central
raising
being generallylevel
HOW
54
BUY
TO
IN
gently undulating,with
or
of
supply
let
assumed,
runs
near
point
mile
points five
it be
produce which
find
point can
miles
100
distant
in many
features
the
and
prairies,
would
and
the
into
come
above
Land
sketch
in Central
$20
about
small
acreage
for
but
ought
would
per
a
to
the
be
the land and
favourable
more
like
erect
probably
terms
than
which
senting
repreestate
our
showing
.
above
the
or
less.
be
For
a
A
without
for
selected
$20,
certain
the
price
who
purchaser
improvements
buildingswithin
obtain
chased
pur-
over
slightly
eight sections
out
be
can
present time
at
pricemight
to carry
to
districts
as
is attached,
appreciably less.
guarantee
time, would
under
described
large tract
normal
are
taken
be
may
map
Alberta
acre,
shipping
point about
some
above
The
point
that
at the
For the sake of convenience
being.
as
agricultural
newly opened-up
they
mentioned
such
at
conditions
clearness, a
the farthest
any
disposedof
of the
fairlythe
that
rail.
by
the
shipping point.
the
market
ready
a
from
be
railway
shipping
a
mile and
assumed
cannot
line of
a
boundary, making
one
six miles
surface.
necessarily
must
tract, with
the
the estate
or
Finally,let
it that
plentiful
a
the
near
sort
some
the
of
from
point on
or
light
and
with
and
on
take
us
side
one
one
nearest
on
either
water
CANADA
little bush
a
clumps,
railway facilities of
Since
be
in
scattered
trees
to
LAND
a
stipulated
the
land
such
guarantee.
on
more
If
the whole
reduction
obtain
without
delay,
would
The
16, 17,
is
in
20,
21,
22
and
the
to
best
comprising the
and
further
a
cash
cash
slight
in hand
available
buildings
erect
advantageous position,
an
certainlyget
eight sections
in cash, it would
with
and
outright,
improvements
out
carry
55
purchaserwith
A
price.
in
for the land
to pay
and
paid
purchasepricewere
likelybe possibleto
very
to
SURROUNDINGS
AND
CONDITIONS
23, which
possible.
terms
estate
are
Nos.
14,
Everything considered, $17.50 ("3 los.)
probably
Alberta
about
be
the
at
the
notice, for cash, and
to
part
At
"3
los.
"17,920.
and
sum
of
a
to
the
acre,
total
development
assumed
with
proceed
per
The
price payable
present time
sum
for
"29,080would
the
guarantee
in
5120
acres
available
on
in Article
would
Central
tract
under
the
on
develop without
of the estate,
figuresgiven
15,
shaded.
are
delay.
would
for the
chaser's
pur-
cost
purchase
the basis of the
I. is
"47,000.
therefore be left available
A
for
56
This
expenditureon development.
to be
Before
the
of
will
with
view
a
delay
"
investment
drawing
decide
to
whether
in his
area
the latter
on
large scale, or
whether
on
the
farms
of
moderate
the ultimate
he
The
the
writer
and
"
is not
aware
of
desirable ;
be
impracticable.He
the
but
course
that
not
of
of
a
by
a
only
that
an
number
of
to tenants.
this latter
estate
it is
"
Canada
Western
even
plan
English
the
on
has, however,
that
a
Desirable
it is
many
whole
cottage holdings,
accepted throughout
as
conclusion
an
the
have
establish
to
objectof lettingthem
is well
establishment
model
desires
size and
Practicable
that
farming operationson
English model, forming
estate
with
for
of
assume
retain
to
the
permanent
will then
He
course.
little
as
purpose
will
We
it.
say,
adopt
a
as
the
for
desires
he
hands
own
will
he
developingit
of
from
revenue
he decides
whether
or
what
on
profitwith
a
retainingit
and
a
"
action.
is to
that
plan
must
estate
develop it
he will
it at
re-selling
to
possible
as
seen
development,
plan of
definite
a
American
English idea
more
mind
whether
call the
of
work
newly purchased
own
decide
must
we
the
in his
formulate
He
the
proceeding to
owner
will be
sum
sufficient for the purpose.
than
more
CANADA
IN
LAND
BUY
TO
HOW
considered
to
to
the
come
quite practicablein
few years to establish such
it is also desirable,from
the
an
view
estate,
point
of
advancement
the
and
numbers
that
of
has
with
prosperityof
should
the exclusion
to
been
the
in
case
would
writer
the
of
should, while
as
a
the
as
the
on
existence
wish
which
it.
to
by
it, and,
Indeed,
recommend
of
plan
side
estate
establishing
admit
English tenancy principle,
aim
the
the
ments
arrange-
disposalof outlying
would
estate
diminished
though
under
buy them,
at
that
portions first, so
of
Englishlandlordism,
holdingsto such occupiers
be able to
would
even
side
with
way
way
the
of the tenets
and
private
newly purchased
their
practiceof selling
compact
in
hesitation
the
adopting
modification
may
agricultural
but
England,
without
owner
his estate
agriculture
occupierownership,
it, probably paving the
that
the
be
of
perhaps, ultimately giving
the
of
progress
there
57
largeand carefullyadministered
estates, not
as
and
of the permanent
community,
DESIRABLE
AND
PRACTICABLE
remain
in size from
time
to time.
Whatever
adopted,
it is of
formulated
is taken
a
tract
and
in
of fences
the
and
decided
a
same
farms and
tract
small
it should
the
a
actual
it.
on
singlelargefarm
fences of
development
be
work
the details of the erection
buildingsdepend
developed as
of
that
before
on
located,
differently
for the
plan
importance
hand, because
buildingsand
and
be
may
Obviously,
would
different character
to
what
if divided
holdings.
into
would
a
be
number
require
and
size,
required
of lesser
DEVELOPMENT"
VIIL"
DETAILED
AND
the
FOR
calculations
the
decides
advocated
taken
without
delay.
of
Types
is
Fencing
section
fenced
in
The
erection
its
farms
caused
"18,
Its
included.
especially
to
four-strand
or
It
to
several
it
when
which
stock
is
is
the
by this
hundred
fenced
and
two
of
ordinary
the
;
the
fence
wire
Page
fence
and
material
mile,
is
recommendation
dangerous
highly
damaged
type
cross-
barbed-wire
per
writer
Each
types
and
sole
dollars
work
with.
Canada
Western
ordinary
$90,
article.
dealt
are
fence,
cheapness.
many
There
barbed-wire
about
development
commence
be
to
completely
in
that
preceding
may
for
Fences
item
outset.
use
four-strand
costs
first
be
the
at
common
fence.
the
should
he
decision,
his
Having
the
basis
a
assume
of
plan
in
writer
as
will
we
the
on
the
by
and
article,
expenditure,
of
owner
ESTIMATES.
this
of
purpose
PLANS
has
and
broken.
known
the
of fence
per
to
annum,
often
stock,
On
damage
amounted
and
he
has
OF
TYPES
hesitation
no
in
saved
in initial
fence
is lost many
it
the direct
into
damage
the
inconvenience
and
by
of
needed
for
Let
the reader
not
and
space
indirect
they
in
think
that
importance
in the
A
it is the greatest mistake
it is cheap.
wire
barbedabsolute
fence,
or,
to stock.
about,
fence
because
the
put up
in
it is sometimes
as
Its
it
a
bad
and
where
recourse
The
no
Page
"
woven
damage
disadvantage is that, if it gets knocked
and
quickly bags
twice
fence,
cases
having
causes
be
a common
called, the
strong fence, and
to
an
lifetime,
a
a
really
of
have
erection of
necessitates
satisfactorilystraightened
about
it is
cheapest possible contrivance.
fence," is
wire
to
justifiable
only
of money
want
the
is
fence
harvest.
attention
lasts
fence
The
when
or
point ;
fencing
by
hand,
on
development
of
properly erected
simply because
time
this
miles
only
be taken
to
unnecessary
of great
many
has
seed
to
erected.
; it is not
be unworkable
being given
where
which
damage
sick animals
may
work
cheap
loss occasioned
is
estate
to
which
having
the fact that
most
and
the
but
account,
one
the
by
over
animals
to
of this
the erection
outlay by
is
what
in his view,
saying that,
times
59
horses
animals, especially
to
causes
FENCES
as
much
as
requires very
it is in
opinion of
one
the
and
sags
again.
out
a
piece from
It
costs
barbed-wire
common
great
be
cannot
in
care
top
to
erection,
bottom.
writer, by far the best
fence
In
is
TYPES
of
fence
round
etc., the
about
farm
of
quantity
miles.
Section
FENCES
houses,
total
50
OF
The
fences.
Cross-fences,
buildings,gardens,
fencing required will
calculation
.
is
follows
as
be
:
"
miles.
28
..
16 miles.
quar-)
or
61
ter-fences
Other
minor
and
cellaneous
mis-
4 miles,
)
fences
j
Margin
.
per
miles.
2
.
expenditure
that
The
type.
this
to
fall within
The
the
"i
the
important
to
arranged,
The
number
in the
is
and
erected
extent
of
the
estate
is
divided.
convenient
the estate.
work
of
after
devotes
he
of his
thirty will
to
be
cost
will
development,
after
Their
that
of
fencing has
of
depends, of
to
able
service-
development
each.
IDS.
fences
re-paidin
which
twenty
houses
size of the
to be
course,
Before,
of houses
consider
houses
on
holdings
separate
plans
all the
estimate.
matter
and
types and
in the
"i
above
item
next
item
well
this
For
"1600.
trouble
of which
Gates,
required,cost
and
time
important
estate.
be
will be
owner
for all the
years
the cost, the total
as
thoroughly strong,
a
yards,
section).
possibleto provide
be
required of
are
mile
will
fencing
on
it should
sum
"32, per
or
880
or
miles.
50
Allowing $160,
(" mile,
the
and
buildings.
and
buildings
the number
into
which
therefore,
and
decided
been
of
the
discussing
buildingsit
matter
and
will be
sub-dividing
HOW
62
Each
and
Canada,
elsewhere, it is
as
and
development
a
of small
do
the
to
is
the
capital expenditure
proportionatelylighter.
are
thickly settled districts,and
towns
demand
increasing local
close
is
there
cities,where
and
command
intensive
to divide
therefore
pays
of market
and
farming
erectingsuitable
houses
holder, because
the
than
acre
of the
newly-opened
is
and
he
districts the
local
practicallyno
vegetables;
requiresfor
engaged
in
as
his
a
own
case
demand
rule, each
needs.
agricultureare
the small
more
increased
buildings.
is different.
per-
But
in
There
dairy produce
for
farmer
Those
few, and
it
holdings,
obtainable
for the
of the
erection
into small
rent
owner
of
purposes
buildingsfor
higher
the
compensates
cost
and
the
gardening, and
land
up
and
holdings of good
for
rent
larger
dairy produce and
for
high
a
the
to
considerable
a
vegetables at good prices,small
land
not
tenance
annually recurringmain-
less, but
proportionately
In
portion
pro-
large farms
in
per-acre
charges also
more
in
buildings come
is
case
holding the
the
while
acreage,
initial
in the
buildings than
and
houses
expenditure
acre
per
large farms
for
that
holdings ; the smaller
expensive
only
and
houses
required on
of estate
commonplace
a
a
in
buildings. Now,
management
proportionately less
requires
course,
of farm
set
CANADA
IN
holding, of
separate
separate house
LAND
BUY
TO
raises what
who
are
not
easilysupplied.
TYPES
is
There
small
the
in demand,
and
rental
largefarms.
for expert
general rule,
the
and
less
or
more
therefore,
writer
estate
the
best
640
acres
Later
acre
The
best
640
would
be
have
At
acres.
buildings
as
the
to
of
district
farming becomes
no
to
more
into
two
a
the
no
the
to
becomes
capital,
problem,
holdings
each
of
matter
opinion
are,
of
the
largerfarm
outset
on
probably
eight farms
erect
on
of
each
a
proportions.
settled,
more
intensive, there
some
a
as
farms
large
moderate
in dividing up
difficulty
farms
farmer,
chronic
a
establish
(one section)each, and
on,
and
be
plan
and
house
be
than
In
avoided.
necessity
management
handling is always
difficulty.Very
it would
the
is
not
capital
more
provided with
labour
of hired
be
to
Canadian
well
over
its economical
while
economical
the
Now
is not
supply
the
the greater is the
supervisionand
labour.
of hired
a
They should, however,
need, and
the farmer
does
command
not
larger the farm
The
large.
do
sequently,
con-
districts,therefore, large farms
settled
general rule.
the
be too
than
holdings are,
or
Size of Farms
The
are
vegetable gardener
Small
higher per-acre
newly
63
farmer.
dairy
not
In
for the
opening
no
FENCES
OF
would
of these
of
320
640
acres.
erected buildings,
provided they
originally
have
HOW
64
in
planned
been
BUY
TO
proportions,will
mixed
of
growth
there will
IN
CANADA
the
first instance
not
be
wasted
farming
also
come
LAND
and
for live stock
for, with
;
intensive
on
demand
a
moderate
on
the
principles,
for greater accommodation
farm
for
implements
and
machinery.
Types and
Let
plans of
consider
now
us
Plans
the
farm
and
houses
of Buildings
buildings.
Canada,
Generally speaking, throughout
perhaps
in
more
West
the
principleis adopted
of
and
produce
modern
its
and
under
which
and
"
to the
usuallyserve
the
the
"
and
"
often
it, whereas
the
district,
house
than
not
live
in the
is rather
converse
having, as
the
stock
intend
to
average
a
rule,a
houses
imply
more
and
that
possible,
as
farmstead, with
as
it is called, is
on
of
a
buildings
English farms,
our
ing
help remark-
cannot
dwarfs
almost
lies
into
alongside
English agricultural
the case,
the
dwelling-
imposing appearance
sheds.
The
in Canada
more
stock, implements, and
East, the
this respect the
significancethe dwelling-housewhich
of
and
implements,
stragglinggroup
in Canada
barn
In
barn,"
far
as
Canadian
for shelter
Englishman
how
roof.
up-to-date
strikingcontrast
in the
machinery
one
large compact
one
than
having,
all shelter for live stock,
types and
of
matter
produce
writer
does
shelter for
is
provided
TYPES
than
in
date
emphasise,the
to
Canadian
house
which
For
main
be
the
ordinary farmer's
with
"
be
verandah,
built
architecture
for the
would,
of
be of
of
for
be
the
be
to
general plan
additions,
and
builders
several
house,
and
different
able
fallingwithin
the
Useful
rough sketches
in elevation
and
in
later.
larder, back
Such
the
to
of
rooms
of
Local
and
extensions
architects
detailed
plans
styles of dwellingmentioned,
estimate
of cost.
of "Barn"
Type
given
plan
house
architecture
accommodation
stated
a
well ventilated.
furnish
to
and
mentioned,
admit
types and
containing the
A
The
if needed
will be
the
to
as
of five
plain, but
sum
that
taken
such
are
and
of
house
thoroughly strong construction, with
ought
ments
imple-
"400 ($2000). The
ample proportions,well lightedand
Care
all shelter
bedrooms,
ample.
course,
building itself ought,
a
store-room,
be
pact
com-
produce.
family
sum
dwelling-
live stock, for
for
cellars,would
A
roof
one
living-room, three
"
of the up-to:
are
attention
singlelarge and
for
necessary
65
draw
to
features
a
machinery, and
kitchen, and
could
size, and
and
rooms
kitchen
main
containing under
barn,"
may
BUILDINGS
farmstead, which
of moderate
"
OF
only desires
; he
England
to, and
PLANS
AND
a
on
page
useful
67 represent
general type
of
"
TO
HOW
66
The
barn."
made
IN
originalsof
"
from
LAND
BUY
"
barn
a
these
intended
:
to
an
experienced dranghtsman
of
a
detailed
but
were
recommended.
of
method
modified
"
A
The
suit
"
barn
more
this
as
be
can
on
the
more
becomes
the
required in
some
of
the
is reduced.
farms
"
barn
and
the
may
for
all the
640
a
be
of its
shelter
"600
shelter
farm,
acre
ment.
develop-
of
farming
mixed
when
rule, additional
be
"
erected
system
intensive, and
becomes
scale,
to
space
It will afford
when
on,
preparation
given
rate, during the first few years
Later
guide
a
of
type
of the
requirements.
required for practicalpurposes
at any
as
drawn
available
the
up
less.
or
the
individual
such
in the
dimensions
dividing
to
($3000)
well
serve
not
are
were
friend
a
only to
plan. They
illustrate
they
sketches
belonging to
writer
they
CANADA
farming
will
certainly
unless, indeed, the size
cases,
One
farmer, perhaps,
in hog raising,will require
intending to specialise
a
of
range
hog
pens
raising,will, may
horse
for
ask
similar
from
for fowlhouses
raisingpoultry
requirements
time
to
time
as
developed ; they will
items, and
they
can
on
pedigree
be, require a separate and
stallion
strongly constructed
may
another, taking up
;
and
a
will
stall ;
other
large
scale.
These
be
met
to
becomes
not, however,
a
third
specialfacilities
certainlyhave
the estate
well
while
more
be very
on
a
be
and
met
fully
expensive
large estate
Hoisting
(with block
Track"
tackle)
ELEVATION.
36ft
(to
for
Produce
(block
U
above
16ft.
v"
", close)
op"n
Window
"~"
-(to
hoisting
to
"
36ft,
op"n
Window
Lett
for
Produce
tackls
(block
winUaw)
.
FLAW
-LOFT.
is above
cloca)
"
hoisting
to
"
Lett
tackle
window)
69
select
employing
always
into his
matter
his
he
of
this
paid
no
materials
in order
sine
or
should
will do
which
the
foreman
the
of
such
experienced
of his
cash
tion,
remunera-
bills
on
being
men
and
as
far
as
of the very
ought
to
see
to
for all
possible,
able
considerfor cash.
personally. An
generallybe
and
for
allowed.
pay
always obtainable
lumber
be
must
understand
must
discounts
labour
adoption
He
non.
all his workmen
can
himself, purchasing
and
well to order
are
also pay
use
to take
the
source
the benefit
obtain
appreciablesaving
economical
such
hiring
and
hired
of
wages
paying
personally,
to
a
In
them
qua
wage,
percentages
discounts
and
a
only
or
find
and
recommends
this is the
landowner
materials
He
is
foreman
clearlythat
partially
knowledge
himself
really reliable
ample monthly
an
usually
contract.
a
draw
writer
A
plan.
working
The
necessary
cannot
The
needs.
tion
reputa-
are
settled and
materials, and
own
rates
tractor,
con-
hands, obtaining his plans from
own
if he
architect
the
impossible to
complete
to
means
have
it is best for the landowner
cases
as
the
with
contractor
an
newly
districts it is often
developed
financial
in
reliable
a
at moderate
work
And
fullyemployed.
on
who
contractors
doing good
by
It is not, however,
hands
one's
lay
to
easy
obtained
are
reliable contractor.
a
because
of
results
excellent
from,
effected
other
it that
by
the
materials,
as
far
as
TO
HOW
70
BUY
possibleeverything that
the
work
IN
LAND
be made
can
All
on.
as
of
thoroughly good quality.
should
obtainable
though perhaps
they
a
location
situated
be
in
they
the
at
a
closelyit
of this
cost
and
last of the main
of first
of the
course,
done
is the
view-point of
these
should
holding.
to
the tenant.
by steam-gang
edge
extreme
section
a
features
For
of
of
ping
ship-
or
the
ground
necessary
general rule,but
the
greater will be
the
farmer
the
the
from
the
items
in matters
of the
borne
initial
"
of
capitalexpenditure
by
cultivation
plough
venience
con-
Sod
breaking
This
more
railway.
of
annual
the
road, and
render
may
breaking is always
soil,all further
on
each
buildingsis
railway station
the
economy
development
of
supply
Breaking
on
that
the
to
water
transportationto
The
best
the
on
is followed
and
the
natural
modification
some
and
possibleto
point nearest
question of
workmen,
however, it is usuallypreferable
as
The
workmen
costly,because
From
centre
be
near
point,
or
farmhouses
be
the
should
holding,as
be
through ignorance.
may
practicalpurposes,
that
should
poor
;
is used
use
best
highly paid, are
of the
it
theorist
The
employed
importance.
of
matter
the
less
material
waste
The
be
of
materials
up
goes
CANADA
a
sod.
the
owner
falling,of
breaking
method
The
is often
which
is
BREAKING
expeditious and
somewhat
of
horse
more
that
breaking by
however,
is the
ploughing
outfits
ground
has
time
gettinga
in
there
is
outfit.
farms
bad
be broken
to
no
need
It
is
crop in.
found
policy to
break
of its
being shortlylet.
done
be left in the hands
from
payment
this
method
done
and
the
and
landlord
on
to
each
could
be
done
farmers.
not
would
until
impose
be
a
any
a
it would
reasonable
far
as
would
their
in
the
of 400
keep
arrival
strain
distinct
on
work.
By
and
first year
would
be
50
800
the
of his
harvested
be
can
to
it well,
doing
employment
plan
by contract,
receive
get his breaking
by breaking
the
likelihood
it should
possible,
for
during
To
any
breaking should, then,
obtain
total
be
portion of
would
best
no
all the
for
tenants
his first crop
The
"
be
lose
ploughing
steam
a
interested
commence
cultivation
as
his rent
before
farm
that
The
most
marketed.
of
landlord
would
meet
and
tenancy
discussion
landlord
man
tenant
to
means
under
case
of the tenants, who
the
the
the
by
In the
to
by degrees,and
of
to
considerable
seems
Steam
large area
a
immediately, and
until
there
method.
where
use
a
latter,
order
improbable
will be
The
quickly in
make
to
costly than
plough.
suitable
are
71
less
thorough
more
farm
be
SOD
THE
or
for
100
acres.
the
acres
This
probably by neighbouring
this
acreage
under
of the
tenants
would
the
advantage
landlord
to
any
;
and
it
incoming
72.
tenant
find
to
under
crop.
Eventually
whole
of the
estate
perhaps
the
and
for
may
make
the
include
calculation
the
the
If
"
the
amount
an
average
of
be
taken,
the
will be
broken
the cost
will fall
of the
and
of breaking
the
on
usual
West
$3.75
that
total
is
owner,
of
breaking
$3
$4
to
breaking
we
and
once,
capital
the
5120
sod
acre.
per
is,15 shillings
per
of
cost
at
items
for
rate
North"
cost
the
among
The
Canadian
farm
of this article, therefore,
purpose
expenditure.
in
his
of
part
some
acre
acres
"3840.
Summary
Each
of
having
the
main
been
now
summarise
The
under
this
items
and
heading
Land.
B.
5,120 acres,
Permanent
^3
at
is
IDS.
miles,
at
capital expenditure
them
set
follows
as
per
acre
in
to
tabular
expenditure
:
"
.
the
to
out
of
statement
improvements
(a) Fencing.
50
of
in detail, it remains
to
complete
A.
Expenditure
discussed
them
form.
of
.
.
.
.
.
.
^17,920
land.
"32 per mile
.
"1,600
(b) Buildings.
On
each
section
dwelling
i
barn
i
of
640
house
"
acres,
at
.
.
.
.
400
600
at
.
.
^1,000
On
8 sections
at
^1000
.
.
.
.
8,000
(c) Breaking.
5,120
acres,
at
155. per
acre
.
.
.
.
3,840
I3"44"
Total
initial
capitalcost
of land
and
permanent
ments
improve..
^31,360
73
The
with
total initial
the
total
a
the
improvements,
permanent
of
purchase and
assumed
The
"31,360.
be
to
"15,640 available
of
A
of
sum
total
There
of
devote
to
portion of
a
of
stock
a
available
The
observed
disposingof
in
Two
to
business
adverse
the
influences
enterpriseitself.
be
must
in cash
two
far
as
in
case
of
a
such
as
be lost
the
sightof.
raising
ample
which
as
the
pure
reserve.
of less
principlesto
laid
down
fund
reserve
outside
be
second
will
remunerative
as
in
any
is that
the
the
enterprise,
by any
periodicallyaffect
may
of emergency.
fund
suggested in
be
is that
be
ments
the invest-
readily realisable
While
guiding principlesin view,
making
decides
possibleunaffected
The
the
the establishment
first of these
invested
be
be
to
as
object
enterprise. The
should
fund
so
the
reserve
as
it.
guiding principlesmay
essential
as
is however
the
are
aside
owner
an
reserve
than
to
reserve.
set
of
will remain
importance
us
lines
was
balance
a
to
to
purpose
of the
amount
exact
the
on
the
stock, still there
bred
estate
left
estate
this amount
farm,
article, for
final
of the
is thus
if the
Even
for
available
"1000 will be sufficient
"14,640.
to
comes
working capitaland
as
working capital,leaving
sum
thus
sum
development
"47,000.
together
of the land,
capitalcost
the
keeping
these
necessity of
in income
must
not
HOW
74
In
the
divided
and
deposit
on
notice
bonds
of
case
considerable
balance
The
bonds
the
at
of
would
5
per
not
ought
cent,
must
be
short
at
give
considered
in
once
cash
to
and
4
of
return
an
very
the
delay.
amount
than
a
while
much
deposits
a
in
possible,
fund,
more
this
If
be
would
bank
gages
mort-
various
without
circumstances
the
Under
month's
first
for
reserve
return
to
six
secured
interest
the
though
mortgages
least.
of
cent,
Government
realise
the
be
per
instalments.
realisable
rate
for
cent.,
per
of
20
and
always
to
be
average
well
would
portion
"
terminable
annual
by
it
would
three
running
emergency,
any
at
should
"
in
estate,
followed
be
available
follows
would
writer
the
as
in
cent,
per
repayable
or
plan
50
real
on
bank,
cent,
per
and
;
terms
the
30
CANADA
IN
amount
invested
at
;
total
the
up
LAND
consideration
under
case
that
suggest
BUY
TO
6
ment
Govern-
per
per
average
cent.,
cent,
rate
satisfactory.
5
IX."
MANAGEMENT
AND
INCOME
EXPECTATIONS.
LET
us
during
make
discuss
the
first few
estimate
an
No
the
doubt
minds
of
Is
:
resident
Absentee
one
of
of
the
and
and
every
successfullythe
manag
Those
who
?
time
nor
matter
on
has
the
had
are
not
In
and
which
revenue
questions
first
it
arise
in
of this article will
readers
Englishman
an
circumstances
at
ment
of
have
be
a
had
close
spend
to
home,
year
give
the
to
probably obligedby personal
unlikelyto
subject.
some
to
purchase,
Landowner
of the
England,
greater part
Canada
annual
estate
produce.
The
interests
ties and
its
after
years
to
some
of the
managenemt
really practicable for
it
in
the
of the
expected
be
may
be
now
to
landed
consideration
disposed to
opinion
of the
practicalexperience in
conduct
estate
neither
be
the
in
tunities
opporto
the
sceptical
writer, who
such
matters,
FINDING
of
development, which
has
foregoing article,has
;
that
buildingshave
the
portion of
the
has been
"
ready
land
farms
by
occupation,and
for
them.
The
of real estate
they
firms
have
of
lose
no
into
in
They
commission
let
the
be
no
are
a
find
to
accomplish
of
firm
good
a
important
most
the
rent
and
touch
do
a
quickly
farm
with
they
;
immigrants
reallyvaluable
work
holdings. They
it is to
advertise
their interest
place quickly and
should
be
we
employed
are
are
sively.
exten-
crop,
for
land
that
to
collect
discussingthere
immediate
is broken
the houses
to
a
deavour
en-
for its full value.
in findingtenants.
difficulty
ready
;
agricultural
generally paid by results, on
part of the
putting in
now
neighbouringtowns.
energetic,and
which
case
farms
a
and
a
to
around,
vacant
on
are
firm
same
probably
that
they
basis, and
to
way
a
farm
are
step is
with
to
gettinginto
them
usually active
the
of the
wants
district,and
placing
In
who
in
farms
next
of the
one
miles
many
anyone
the
The
The
the
each
on
acres
that
specialfacilities for lettingfarms
for
time
erected, and
100
usually acquainted
are
community
hear
off,
fenced
been
of the services
convenientlysituated
These
have
best
agents in
the
the
contract.
this is to avail oneself
and
to
in
completed during
been
50
"
broken
for
tenants
the
77
discussed
been
been
first year
that
TENANTS
THE
would
That
occupation,
and
are
rents.
ready
for
conveniently
labour
of
in
rare
sufficiently
Canada,
Western
without
much
in
making
all
to
adopt
obtaining
for
tenants
in
farms
would
at any
be filled,
must
we
not
let, and
of
10
the
estate
allow
or
count
it will be
per
of the
in order
of two
This
farms
farms
making
on
for
to
and
let
be
not
count
to
four
on
the
of
out
remainder
The
during the early part
estimate
our
make
to
of
a
breaks
in the
farms
deduction
of
rents
continuity
percentage will be sufficient
being unlet
three
for six months
each, in any
months
of
revenue
all the
aggregate
gross
cover
desirable
of
best, however,
always having
the
of
districts
anticipated revenue,
advisable
from
cent,
leases.
four
In
year.
be
year.
rate,
bination
com-
a
would
than
more
second
the
eight
the third
will
view
conservative
a
of
is, unfortunately,
farms
of
estimate
in
economy
plenty
the
It
delay.
our
to
constitute
attract
to
for
ample
are
newly-opened
the
Probably
tenants.
view
a
which
advantages
"
barns
considerations
all these
"
"
the
with
constructed
and
CANADA
IN
good accommodation
family,that
fair sized
size
LAND
contain
and
constructed
a
BUY
TO
HOW
78
to
each,
one
year.
Rents
Rents
to
many
and
terms
variations
and
Terms
of leases
in Western
of Leases
are
at
present subject
Canada.
Generally
speaking, there
cash,
by
or
half) of
an
of the
well
as
share
him
enables
him
of
found
to be the
and
it is
will suit
method
endeavour
If
a
per
fixed cash
This
instance.
course
the
acre,
of time.
annual
rent
assuming
taking the
of twenty
price of
is
If the
conservative
bushels
50 cents,
while
a
well be
share
the
to
per bushel.
other
will
be
of
an
shillings,
ten
in the
increased
"
is
first
in the
adopted
$5 (or "i) per
is grown,
crop
estimate
and
one
requirements.
system
wheat
per acre,
will be
will be well advised
ought
return
that
"
culture
agrithe
But
obtainable
be
On
"
common.
paid, $2.50, or
might
of
for the landowner,
individual
probably
rent
complete
shares
on
more
meet
rental
would
acre
"
the landowner
to
sellinghis
farming.
tenant,
one
suit another, and
to
renting
the
attention, and
his
turn
mixed
the
perhaps
the
of harvest,
outcome
remunerative
more
seeding and
particularbranch
adopt
whole, the system
the
to
collectingand
will
he
to
some
with
leaves the tenant
of the
which
to
one-
for the landowner,
the
of
; it also
choice
libertyof
and
trouble
of the crop
is in
rental
by
"
always,
compared
as
revenue
anxiety as
crops,
the
as
rent
shares, it produces, perhaps,
smaller
a
79
paying
not
cash
satisfactory
;
renting on
saves
growth
The
produce.
average,
it
but
of
ways
(usually,but
share
more
of
system
on
the
the
ways
a
two
are
LEASES
OF
TERMS
AND
RENTS
an
average
average
net
and
yield
selling
8o
HOW
TO
BUY
The
or
firm
which
the
farms.
be
a
to
be
been
has
fixed
any
it has
"200
writer's
employ
the
matters.
fixed annual
a
of
charge
in
a
certain
some
charges
Whatever
cases
for the
be
the amount
fall within
part let
the
ought,
$1000
or
incurred
probably
each
be
the
"
on
But
of such
In
difficult to
if the
a
year
under
met
if, in
of
to
with
addition
a
would
look
after
exactitude
will have
this head.
$1000,
are
circumstances,
the
state
the
to
farms
there
man
expenditure which
charge
lettingof
shares," then
interests.
of
amount
employing
to
rents, it is also necessary
services
of the
to
see
steward.
estate
an
to
agents,
landlord's
mentioned
appear
whether, in addition
it is somewhat
the
does not
adopted,
collect
to
for the most
be need
would
bill of
opinion, to
of estate
and
farms
firm
for
annum.
per
firm
the
actuallyperformed.
It is doubtful
a
of
rentals, while
of remuneration
the
in
tenants
by
the
its detailed
submits
firm
method
the gross
on
find
made
by
same
to
There
is sometimes
percentage
the
to
in respect of such
custom
in
payable
be entrusted
employed
fee, sometimes
inclusive
work
rents, whether
for arrangement.
matter
CANADA
of Rents
remuneration
The
Remuneration
the
of the
produce, should
in
cash
IN
Collection
collection
The
LAND
further
The
to
sum
the
to
case
be
will
aboveof $1000
THE
COLLECTION
be allotted,the total amount
to
"
all expenses
cover
steward's
estate
A
fixed
of
cost
years
under
agent's
fees."
for
the
aside
set
which
each
year,
be
drawn
can
renewals.
whole
under
meet
the
Ten
per
will
estate
first few
the
During
purpose.
expenditure
the
to
of
year
every
estate
of the
rents
head
the
aside
set
of the
this head, will of course,
the
light; nevertheless,
be
be
periodicalrepairs and
sufficient
be
coming
to
aggregate
being intended
of $2000
revenue
gross
of the
cent,
ought
sum
of the
out
and
81
RENTS
OF
with
a
on
in
full amount
view
forming
to
after
should
if
years
be
fund
a
necessity
arises.
The
taxes
covered
taxes
on
by
whole
of
sum
a
the
to
the
on
section, which
each
Having
to
of the
net
calculation
form
of
a
some
a
fair
will
degree
which
revenue
perhaps
tabular
probably
would
allow
of
as
is
likelyto
be
years.
Expenditure
expenditure, we
with
make,
much
as
in detail
discussed
and
revenue
is
and
Revenue
be
"15 (or $75) being imposed
rate, for
called for, at any
This
"120.
of
amount
would
estate
are
statement.
various
now
in
of accuracy,
may
be
the
be
clearer
an
items
position
a
estimate
anticipated.
if set
of
out
The
in the
it is
Here
CANADA
IN
LAND
BUY
TO
HOW
82
:
"
REVENUE.
Rent
of farms
"
farms
4
4 farms
of
$1,600
at
"
on
"
shares
$3,200,
"320 each,
or
producing
"1,280
average
an
each
"640
or
rental
cash
.
.
.
2,500
.
3,84"
of
account
on
per cent,
in lettingand other
Deduct
10
breaks
contingencies
.
Gross
384
.
.."3,456
revenue
EXPENDITURE.
Taxes
8 sections
"
and
Maintenance
each
"15
at
repairs
.
Management
"
10
"
received
.
.
.
.
steward
Estate
of
.
.
and
.
.
cent,
per
.
.
.
120
.
rents
.
.
agency
.
34^
.
400
.
"866
Net
The
net
"2,600
.
out
comes
"2600.
at
The
capi al
which
sum
year
be
at
to
aside
a
sum
employed
of
sum
The
return
total
"866,
"1000
net
of the
to
be
estate
be
cent,
of
on
estate,
drawn
on
regard
will
The
total
then
"2600 represents
this
a
sufficient to set
undertaking
revenue
this
expenditure for
working capital.
the
of 8 per
bank,
its
sufficient to
sum
a
expenses
it should
as
To
"31,360.
be
required. Having
as
the
in
the
including
estate,
added
be
now
expenses
amounts
income
to
seen
would
fact that
"32,360.
the
ordinary working
current
the
was
must
sum
the
cover
for
of
capital cost
development,
to
.
the estate, then,
from
revenue
revenue
sum.
be
an
83
PROSPERITY
Landowner's
initial
The
would
no
probably
the whole
year
should
above,
with
most,
the
net
Let
counted
be
"2600
ought
revenue
it be
have
figureshave
items
of
On
the
of moderation
low, and
low
the
;
tive
conserva-
in the
of
case
net
sellingprice also
Moreover,
average
a
been
allowed
being a
he would
any
rate
has
shortage of
regard the
and
crop
net
"
minimum
other
err
share
rentals
put
been
at
amounting
The
writer
of
"2600,
under
fourth
year.
only
not
low
a
would
normal
The
to
as
side
placed
taken, but
anticipatea larger annual
after the
"
hand,
the
on
have
yield been
for.
revenue
the
rents
rents
been
has
expenditure the
On
been
all
On
stage.
rather
cash
a
as
most
every
of annual
revenue
has
above,
at
liberal.
are
anticipationsof
has
taken
items
allowed
amounts
cent,
made, the
capitalexpenditure a good margin
allowed.
the
Thereafter
for.
culation
that, throughout the cal-
been
been
estimated
let, the
looked
year,
gradually increase.
to
remembered
which
third
the
not
calculated
as
For
farms
be
may
be let,and
not
revenue,
on.
all, of the
or
of
revenue
might
half the estimated
than
more
During the second
for.
of the farms
time
which
during
year,
looked
be
of the estate
development
a
occupy
can
revenue
of
measures
Prosperity
Farmer's
and
the
figure.
10
per
fore
there-
calculated
conditions,
revenue,
establishment
at
X."
THE
ESTATE
AN
question
of
establishing
estate,
for
of
descriptions,
all
The
the
primary
the
as
them
breed
to
would
also
one
of
the
staff,
the
needed
to
and
be
keep
it in
Western
Canada
keeping
and
whether
horses,
poor
feed
more
more
difficult
of
the
as
rear
nothing
like
encourage
It
class.
high
should
of
any
unlet,
the
staff,
of
inferior
hogs.
or
stock
mistake
the
an
costs
class
do
To
as
stock
high-class stock,
good
a
in
the
price.
end
It
"
is
so
much
than
and
of
class
high
;
in
that
been
does
disease
so
has
make
stock
bred
to
to
stock
temporarily
writer
farmers
Low
susceptible
serve
Remunerative
cattle, sheep,
to
to
nucleus
Most
breeding
attend
a
to
cultivation.
many
business
and
be
the
Stock
experience
and
to.
live
providing,
estate
rate
any
Well-Bred
The
the
on
at
of
means
be
bred
of
stock
referred
would
estate,
the
on
pure
been
pure
stock
keep
the
farms
or
the
farm
from
farm
a
introducing
on
stock
an
already
of such
tenants
FARM.
breeding
has
object
of
the
of
purpose
means
among
STOCK
;
to
it is
being
it
has
mands
com-
been
86
HOW
TO
proved
over
and
BUY
than
the
does
often
prevented
the
be
a
plan,
rather
but
herd
high class animals
of the
To
requiresthem.
close
stock
which
much
so
form
by
the
weight in
is
real
a
experience shows
boon
they
to
hands
on
he needs
pure
he
bred
farmers, of
slow
not
are
cases),
justwhen
purchase
to
the
doubt,
many
and
to
tion
founda-
(although,no
of home
able
be
home
at
knows
he
descriptionwhich
distance
reasonable
within
no
is, however,
of laying his
difficulty
the
by
flock
or
also carries
this consideration
He
to
is
thoroughly
more
not
stock
stock, and
followingwhat
wisest
well bred
bred
bred
this
larger outlay of capitalneeded
of
well
farmer.
from
and
best
of
Western
than
that
badly
truth
recognisesthe
one
CANADA
IN
again
over
remunerative
more
LAND
to
take
advantage.
If
proof be needed
bred
stock
be
can
existing conditions
only
to
stock
farms
States.
stock
An
both
farm
for
in
Canada
of
example
profitably under
West,
Canadian
actual
a
in the
raising pure
one
has
experience of existing
and
in
the
United
successfullyconducted
Balbriggan
stock
farm,
Calgary, Alberta
This
years
him
in the
the
to
a
maintained
is found
farm
near
to
turn
that
farm
The
ago.
show
some
him
visited
was
owner,
over
valuable
the
by
the
writer
Mr. Turner,
was
some
three
kind
enough
establishment, and
information
as
to
to
his methods
give
and
the results of his
of which
of
blood
new
stock
bred
farm
in
Canada.
as
to
stock
of
of
a
for the
be faced
argued
to
supply
more
years
to
abroad
come.
it is
sea
the
All
land.
bred
to
that
be
supply, at
it is
during
rate
But
the
importation of
that
stock
be
the
in climate
out
any
of the
the demand,
and
On
sufficient to affect
pointed
to
farm
great risks
are
and
more
it is also
afterwards.
seems
growing,
rapidly than
to
there
is not
in favour
of Canadian
be
bred
stock
that the difference
extent
some
is insufficient to meet
seems
better.
Canadian
that
againstlosses,at
strongest argument
from
opinion
is the
Europe, and
from
Continents
insure
transit, and
of
startinga
during transit by
possibleto
the
of
purpose
the two
live stock
methods
it is stated
and
prejudicially,
stock
difference
importing stock
other hand, it is
between
existingbreeding farms
two
imported
in
be obtained
may
strain, being acclimatised, is
pure
that
urged
startinga
of
purpose
some
these
hand,
is stock
than
is
business
the
profitable.
being most
from
or
There
one
suitable
to
Europe
demand
good
prices,and
the lines indicated
which
the
in
was
stock, for the
on
either from
On
England,
indication of
every
Pure
by frequent importations
remunerative
locally at
had
from
stock, the quality
His
operations.
maintained
was
87
STOCK
WELL-BRED
at
strains
of pure
which,
moreover
likelyto
any
present
for
rate
things considered,
increase
the
some
writer
88
HOW
would
TO
BUY
the
prospective breeder
advise
foundation
stock
of
a
known
Pure
is
CANADA
Canadian
animals
reallygood
animals
of the class
required from
Stock
from
England
in obtainingpure
difficulty
England.
stock
agents throughout the country who
There
long experience of
They
and
of
entrusted
on
these
with
the
behalf
word
the
assemble
a
is
reliable
in the
a
stock
Canadian
of
of
absentee
flocks
exporting
must
It
outset.
which
hands
West,
be
animals
be
may
to
required.
would
has
been
be
until
be
tions
selec-
from
the
unwise
a
to
sufficient
brought together.
requirestime.
always
are
to
stocking
given against over-
stock
and
patch
dis-
breeders.
known
of
are
live
insuringthem
purchasers
of well
live
had
have
reliable
sufficiently
large head
matter
as
stock
of making
responsibility
staff of efficient hands
This
firms
buyers, and
oversea
are
of caution
at
of
bred
to collect any
on
attendants
firms
studs, herds, and
A
business
their destination, after
such
engaging
Many
by
old
many
be relied
can
to
are
the
previously selected
them
well
establishments.
Bred
no
sources,
bred
from
stock.
collect his
to
European
obtain
possibleto
breeding
There
rulingout
strain and
pure
IN
from
mainly
without, however,
if it is found
LAND
not
in
Efficient and
great
always
request
easy
to
PURE
obtain
does
to
propose
reliable estimate
in order
of
purpose
and
bred
involve
the
which
series of articles.
for
the
or
of
case
require
and
animal
to
The
be
it convenient
such
depend
an
to
of
a
a
Western
Canada,
for
suitable
considerations
the
matter
be
descriptionof
governed by
might
owner
it desirable to make
his
in
questionswould
each
estate
stud
dairy
transportationcould
would
great
enterprise,on
his leisure for
of
the
consider
for the purpose
would
of
of this
suitable
most
fully before
number
which
or
in
cost
purchased
acreage
scope
of
general purposes
all these
discussed
be
touched.
total
for
similar
"
to
the
most
sheep and hogs
purchase price and
be
and
cattle
hardy
for the
consideration
close
types of horses
work
feeding purposes,
the
of
of
farm
horses, cattle, sheep,
prevailing conditions
classes
and
detailed
a
model
a
beyond
are
The
heavy draught
under
equip
raisingpure
matters
many
give
capitalexpenditure required
and
would
hogs
To
go.
of the
stock
to
the writer
foregoinggeneral remarks
the
not
entrusted
are
Capital Required
The
Beyond
89
loss is inevitable.
inexperiencedhands
to
animals
If valuable
quickly.
ENGLAND
FROM
STOCK
BRED
farm
extent
; and
on
the
find
able
avail-
this,again,
his
taste
for
private experience,on
supervision,and
on
the
of
possibility
9o
obtaining an
Obviously
is
the
the
of
articles
and
relevance
of
staff.
matters
dealing primarily
of
development
the
and
of all these
general remarks
some
foreman
or
discussion
scope
purchase
although
general
detailed
a
beyond
with
expert manager
estate,
an
justified
by
are
the
subject to
tha
of
theme
agriculturalprosperity.
Whatever
owner
may
bred
stock,
pounds
outlay
decide
only, or
will be
returns
also
the
to
a
the
PIKE,
LTD.,
the
it be
a
PRINTERS,
raisingof
or
be obtained
more,
class.
BRIGHTON
AND
LONDON.
the
the
indirectly
his tenants
by
pure
hundred
few
a
enterprise,but
better
estate
an
only directlyby
prosperityof
profitsto
of
to
pounds,
not
justified,
of live stock
T.
devote
thousand
from
which
capitalsum
whether
increased
the greater
W.
to
matter
no
income
by
be the
may
the
due
tion
produc-
FORT
GEORGE,
CENTRAL
COLUMBIA
BRITISH
FORT
GEORGE
British
Central
Grand
junction
and
undoubtedly
rapidly
growing
and
prosperous
The
is
Columbia.
Trunk
of
will
most
in
centre
in
Land
the
in
is
be
made
by purchasing
66
at
Lands
TERMS
EASY
of
some
Canada
of
from
"
AGENCY,
S.W.
STREET,
Land
acres
PAYMENT.
LAND
JAMES'S
50,000
and
OF
obtained
be
can
CANADA
The
prices.
present
Acreage
particulars
ST.
rapidly
Selected
Suburban
THE
railway
increasing
Agricultural
Full
rivers,
PROFITS
Specially
ON
on
the
value.
LARGE
can
at
Province.
the
district
in
City
Railway
of navigable
important
miles
the
most
is situate
It
Pacific
1200
be
the
of
Agency
land
England's
in
upwards
has
sold
the
Dominion
largest
landowners.
to
UNIVERSITY
OF TORONTO
LIBRARY
CO
rH
"*
O
CO
S3
4
SQ
M
Acme
O
JS
-j
"*-
Under
"
3
"
"5
H
Western
Library
Pat.
"
Card
Ref. Index
Made by LIBRARY
TPkcific
Pocket
File."
BUREAU
ueveiopmem
LIMITED
(Agents for
the
Sale of the Canadian
Lands
125
PALL
in Vancouver
MALL,
Pacific Railway
Company's
Island),
LONDON,
S.W.
CONSULT
BEFORE
US
INVEST
YOU
THROUGH
IN CANADA
MAKING
CONDITIONS,
FOR
PROFITS
VISIT
DOMINIONS
AT
YOUR
INVESTMENTS
IN
HAVE
MANAGERS.
BANK
AND
EXCHANGED.
-REFERENCES
PALMER
"
Office
GRAND
COCKSPUR
:
VANCOUVER.
OUR
RELIABLE
TO
AGENTS
LONDON.
OF
BENEFIT
INTRODUCTIONS
HIGH-
CANADA
VISITING
THE
17,
SERVICE,
SUBMIT
CLIENTS
PERIENCE
EX-
OUR
ALWAYS
CAN
20-25,
CLIENTS.
AND
IS
BUT
MADE
OUR
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CLASS
AND
HAVE
WE
LARGE
WE
OF
DEVELOPMENTS
PROSPECTS
WE
STUDY
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