A WASTEFUL INTEREST PAID BY FARMERS.
There is no disputing the fact that any fai'm implement, be it waggon, plough harrow, reaper, rake, or what not, if left exposed to rain and sun for ten years, will be practically good for nothing. We might say in five years, but if any choose to cavil at five, we will say ten. This is ten per cent, per annum ! At a cost of less than one per cent, these tools can al- • ways be kept housed, or under cover of some kind, even if but rough boards, that will shut out sun and rain. Because we do not see the silent, slow, but steady waste, we are apt to forget that it is even going on. It is necessary to suggest the "application" of this short sermon. Nine per cent interest saved is not to be despised, even if better times are at hand.
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Waikato Times, Volume XIV, Issue 1207, 23 March 1880, Page 3
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152A WASTEFUL INTEREST PAID BY FARMERS. Waikato Times, Volume XIV, Issue 1207, 23 March 1880, Page 3
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