FREE BOOKS

Author's List




PREV.   NEXT  
|<   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160  
161   162   163   164   165   166   167   168   169   170   171   172   173   >>  
me in detail is an impossible one for a number of reasons. We do not have all the facts of his financial operations and even if we had there are other difficulties. A farmer, unlike a salaried man, can not tell with any exactness what his true income is. The salaried man can say, "This year I received four thousand dollars," The farmer can only say--if he is the one in a hundred who keeps accounts--"Last year I took in two thousand dollars or five thousand dollars," as the case may be. From this sum he must deduct expenses for labor, wear and tear of farm machinery, pro rata cost of new tools and machinery, loss of soil fertility, must take into account the fact that some of the stock sold has been growing for one, two or more years, must allow for the butter and eggs bartered for groceries and for the value of the two cows he traded for a horse, must add the value of the rent of the house and grounds he and his family have enjoyed, the value of the chickens, eggs, vegetables, fruit, milk, meat and other produce of the farm consumed--as he proceeds the problem becomes infinitely more complex until at last he gives it up as hopeless. This much, however, is plain--a farmer can handle much less money than a salaried man and yet live infinitely better, for his rent, much of his food and many other things cost him nothing. In Washington's case the problem is further complicated by a number of circumstances. As a result of his marriage he had some money upon bond. For his military services in the French war he received large grants of land and the payment during the Revolution of his personal expenses, and as President he had a salary of twenty-five thousand dollars a year. Yet another difficulty discloses itself when we come to examine his cash accounts. We find, for example, that from August 3, 1775, to September, 1783, leaving out of the reckoning his military receipts, he took in a total of about eighty thousand one hundred sixty-seven pounds. What then more simple than to divide this sum by seven and ascertain his average receipts during the years of the Revolution? But when we come to examine some of the details more closely we are brought to pause. We discover such facts as that in 1780 a small steer, supposed to weigh about three hundred pounds, brought five hundred pounds in money! A sheep sold for one hundred pounds; six thousand five hundred sixty-nine pounds of dressed beef brought six thousand five hundred s
PREV.   NEXT  
|<   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160  
161   162   163   164   165   166   167   168   169   170   171   172   173   >>  



Top keywords:
hundred
 

thousand

 

pounds

 

dollars

 

farmer

 
brought
 
salaried
 

expenses

 

receipts

 
problem

military

 

infinitely

 
Revolution
 

examine

 

machinery

 
number
 

accounts

 
received
 

French

 
services

payment

 

personal

 

President

 
grants
 
result
 

Washington

 

dressed

 
things
 
marriage
 

salary


complicated

 
circumstances
 

average

 

leaving

 
details
 

September

 

reckoning

 

ascertain

 

simple

 
divide

eighty

 
August
 

discloses

 

difficulty

 

supposed

 

closely

 

discover

 

twenty

 

grounds

 
deduct