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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.
OCR Quality
95%
Excellent
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.
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