Report of the Commission On Land Colonization And Rural Credits of the State of California, November 29, 1916

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CHESTER ROWELL.
DAYID N. MORGAN, Secretary.
88 LAND COLONIZATION AND EUEAL CREDITS.
I. Financial Consideratioii^f California Agriculture.
To aid the work of the California StateCSSrafisSMm on Colonization and Rural Credits at the request of its chairman, Dr. Elwood Mead, an investigation has been conducted during the past summer by the Department of Farm Management, Division of Agronomy, College of Agriculture, University of California, to deter- mine so far as possible for selected businesses
...what in California agriculture constitutes : (1) A living income.
(2) Size of a family business.
(3) Capital required to equip and establish a family business.
(4) Capital needed for running expenses.
(5) Probable returns.
(6) What farming should pay and a determination as to whether the selected businesses fulfill their financial obligations.
DlFFICtTLTIES COWFEONTING THE PRESENTATION OF DATA.
At the very outset, in collecting data for presenting financial consideration of California agriculture, one is immediately confronted with the great variation in conditions, a variation which applies not only to soil, water, climate, topography, market and size of holdings, but to wide differences in individual opinions, experiences, practices and ideals of the various men engaged in the business.


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