es of
land, which she gives to the boys to start this fund as her recompense
for their work and loss through a scheme in which she had a share in
the start. She does this only on the understanding that the boys form
a pool, and in some way take from what they have saved, sell timber or
cattle, or borrow enough money to add to this sufficient to pay to each
girl six thousand dollars in cash, in three months. Now get out your
pencils and figure. Start with the original number of acres at fifty
dollars an acre which is what it cost Father on an average. Balance
against each other what the boys have lost in tax and work, and the
girls have lost in not having their money to handle, and cross it off.
Then figure, not on a basis of what the boys have made this land worth,
but on what it cost Father's estate to buy, build on, and stock each
farm. Strike the fifteen-year average on prices and profits. Figure
that the girls get all their money practically immediately, to pay for
the time they have been out of it; while each boy assumes an equal
share of the indebtedness required to finish out the six thousand,
after Mother has turned in what she is willing to, if this is settled
HERE AND NOW."
"Then I understand," said Mary, "that if we take under the law, each of
us is entitled to sixty-eight and three quarter acres; and if we take
under Mother's proposition we are entitled to eighty-seven and a half
acres."
"No, no, E. A.," said Kate, the old nickname for "Exceptional Ability"
slipping out before she thought. "No, no! Not so! You take
sixty-eight and three quarters under the law. Mother's proposition is
made ONLY to the boys, and only on condition that they settle here and
now; because she feels responsible to them for her share in rearing
them and starting them out as she did. By accepting her proposition you
lose eight hundred and seventy-five dollars, approximately. The boys
lose on the same basis, figuring at fifty dollars and acre, six
thousand five hundred and sixty-two dollars and fifty cents, plus their
work and taxes, and minus what Mother will turn in, which will be
about, let me see--It will take a pool of fifty-four thousand dollars
to pay each of us six thousand. If Mother raises thirty-five thousand,
plus sale money and notes, it will leave about nineteen thousand for
the boys, which will divide up at nearly two thousand five hundred for
them to lose, as against less than a thousand for us. That s
|