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Streeter, John Williams

"The Fat of the Land The Story of an American Farm"

When the fruit comes in and this factory is
running full time, it will earn well on toward $25,000 a year, and it
will not cost over $14,000 to run it, interest and all. It won't take
long at that rate to wipe out the interest-bearing debt. You'll be rich,
Polly, before you're ten years older."
"You are rich now, in imagination and expectation, Mr. Headman, but I'll
bank with you for a while longer. But what's the use of charging the
farm with interest when you credit it with our keeping?"
"There isn't much reason in that, Polly. It's about as broad as it is
long. I simply like to keep books in that way. We charge the farm with a
little more than $4000 interest, and we credit it with just $4000 for
our food and shelter. We'll keep on in this way because I like it."


CHAPTER LIII
THE MILK MACHINE

In opening the year 1898 I was faced by a larger business proposition
than I had originally planned. When I undertook the experiment of a
factory farm, I placed the limit of capital to be invested at about
$60,000.


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