But I believe you will agree with me that this is different.

In this case I am offered a full section of land, with water-rights, buildings, corrals, horses, wagons and all improvements necessary to the running of a good outfit, and ten thousand head of mixed cattle, just as they are now running loose on the range, for three hundred thousand dollars.

I need only pay half this amount down, a five-year mortgage at eight per cent.

on the property covering the remainder, to be paid in five yearly installments, falling due after shipping time.

Now that you did not buy as much young stock as we at first intended, I can readily make the first payment on this place and have left between ten and twelve thousand dollars to carry us along until we begin to get some returns from the investment I am anxious to have you look over the proposition, and tell me what you think of it.