The following paragraph appears in an English cotemporary: The introduction of a new industry connected with farming into Ireland will be hailed by everybody, and therefore we rejoice to learn that a company has been formed with the design of purchasing or renting nearly a million and a quarter acres of land in Ireland, and devoting them to beet culture, from which the sugar will be extracted in a manufactory erected on the land. The promoters of the new company expect that from the 120,000 acres which they propose cultivating they will produce 400,000 tons of sugar in the year. Immense quantities of sugar extracted from the beet-root are manufactured on the continent and imported into these countries, and there is no reason whatever why Ireland should not have her finger in the sugar pie.
In a paper before the Oxford (Ohio) Farmers’ Club, on the subject “The Morality of the System of Grain Gambling,” Mr. Wetmore said: There is a difference between speculation and investment. Putting money into an established industry is an investment. Putting it into a doubtful or untried business, with the hope of gaining much or risk of losing all, is speculation. The latter is infatuating as it increases the risk and yet turns to profit. Investments pay no high per cents. Speculations may pay much or lose all. Hence it is unsafe; and the farmer who makes his gains only by a yearly turn of his crops, should not try speculation, but may judiciously invest his surplus year by year in things of real value, as land or chattels. Invest the last dollar, but speculate only with loose change. No man can safely invest in a business with which he is not familiar.
A lawful wire fence in Georgia is described by legislative enactment as composed of not less than six horizontal strands of barbed wire tightly stretched from post to post. The first wire no more than four and a half nor less than three and a half inches from the ground; the second wire not more than nine and a half nor less than eight and a half inches from the ground; the third wire not more than fifteen and a half nor less than fourteen and a half inches from the ground; the fourth wire not more than twenty-two and a half nor less than twenty-one and a half inches from the ground; the fifth wire not more than thirty-two nor less than thirty-one inches from the ground; the sixth wire not over fifty-five nor less than fifty-three inches from the ground. Posts to be not over ten feet apart, and every alternate post to be securely set in the ground. Provided, a plank not less than ten inches wide shall be used instead of two strands of wire at bottom of fence, it is also required that a railing shall be placed at equal distance between the two top wires, which shall answer the same purpose as a wire, and to extend from post to post in like manner.