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Editorial December 28, 1860

Watertown Republican

Watertown, Jefferson County, Dodge County, Wisconsin

What is this article about?

Editorial urges treating farming as a profitable business with systematic accounting for costs and labor. Advocates educating children, including girls, in financial management to avoid parental ignorance and ensure economic success. From Prairie Farmer.

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Full Text

Farming Is Business.—Too many forget this. There is poetry in farming, to be sure, if it is rightly managed; but there is no poetry in it if it does not pay—if there are no satisfactory material results. But farming is business. It is a dollar-and-cent transaction to produce and market a crop—from the turning of the first furrow to the delivery of the last bushel, money is involved. Farming should accordingly be conducted in a business manner. Each item of expense, each moment of time, all expenditures of labor, should be charged the crops, and if the market price does not cover this cost and leave a balance, that kind of husbandry had better be abandoned.

Most men acknowledge the force of the above position, but say—“Why, we have not the knowledge necessary to systematize our business, keep a book account with a farm, and do things as we see it is only profitable to do.” Very well. Suppose you are not capable. Grant it. There is something which can be done. Your children may be so educated that they shall not follow in your footsteps per force—be obliged to submit to the yoke your ignorance imposed upon you. See that they secure that knowledge, and insist that they put it in practice as they obtain it. Give over the farm accounts to their keeping.—Furnish the girls as well as the boys with the faculties for acquiring this knowledge. It is as essential to one as the other. Let the girls keep the household accounts.—Interest them in this. Let them learn the lesson figures teach when used to designate receipts and expenses. They will thus learn economy—to calculate. Do not fear they will become sordid. This process will give greater powers to indulge in poetic fancies and poetic employments. And they will be really poetic, for they will be based upon facts.—Prairie Farmer.

What sub-type of article is it?

Agriculture Education

What keywords are associated?

Farming Business Agricultural Accounting Rural Education Financial Literacy Farm Economy

What entities or persons were involved?

Prairie Farmer

Editorial Details

Primary Topic

Treating Farming As A Business With Accounting

Stance / Tone

Advocacy For Business Methods In Farming And Financial Education For Children

Key Figures

Prairie Farmer

Key Arguments

Farming Is A Business Requiring Dollar And Cent Transactions From Production To Marketing Farming Must Be Conducted In A Business Manner With Accounting For Expenses, Time, And Labor If Market Price Does Not Cover Costs, Abandon That Type Of Husbandry Parents Lacking Knowledge Should Educate Children To Manage Farm Accounts Properly Girls As Well As Boys Should Learn To Keep Household Accounts And Calculate Economy Financial Education Enables Poetic Fancies Based On Facts Without Becoming Sordid

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