FARMING A LUXURY
LOST £SOOO IN 5 YEARS. ■ “During loss than five years I have lost £SOOO in farming between 500 and COO acres of good cereal land in England,” said Sir Walter Gilbey, Bart., in an interview with a representative of a London paper. "I went into farming years ago with the intention of making it pay. I have employed the best class ot labour and the most expert supervision. Practically the whole of this loss can be traced to cereal cultivation. Formerly I had about 450 acres of arable land; to-day but 350. 1 have become so disheartened that I am contemplating giving it up. "Sheep-raising is tho one form of farming which can generally be said to pay. The tendency, therefore, is for faremrs to revert more and more arable land to grass I believe there Is not a land owner who derives hia income purely from agricultural land whose net income is mucli more than £SOO after the charges and upkeep on Ills estate liave been paid.”
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Manawatu Times, Volume XLIX, Issue 2298, 17 November 1925, Page 5
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171FARMING A LUXURY Manawatu Times, Volume XLIX, Issue 2298, 17 November 1925, Page 5
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