Thus, a substantial farmer with us would think he was beginning on a very satisfactory and liberal footing, if he had 200 pounds, or $1,000, in ready money for stocking a holding of 400 acres with working cattle and implemental machinery, cows, pigs, etc.

Now, compare this outlay with that of our host of the Four-Hundred-Acre Farm in Lincolnshire.

We will begin with his- - l.

l.

$ 14 Farm horses, at the low figure of 20 each = 280 = 1,400 4 Nags, or saddle and carriage horses 2O each = 8O = 400 300 Stock sheep 1 each = 300 = 1,500 7O Pigs, of different ages 2 each = 140 = 900 5O Head of cattle (cows, bullocks, etc.) 12 each = 600 = 3,000 Carts, drills, rollers, ploughs and other implements 1,000 = 5,000 -- --- -- --- 2,400 $12,200 The average rent of such land in England must be at least 1 pound 10s.