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The Rural Voice, 1992-02, Page 32Voice from the Past It's often been said: "The more things change, the more they stay the same." But farm life has certainly undergone dramatic and irreversible changes. Writer Wayne Kelly of Lucan provides evidence for both views: one, the changes in farming and rural life have been so thorough that the past seems quaint; two, "modern" problems really aren't so modern after all. Either way, the "voices from the past" haven't lost their relevance. As a champion of honest work and business ethics, editor William Weld, in The Farmer' s Advocate editorial of October 1911, encouraged area farmers not to underestimate the worth of their own time and energies. With insurance and banking considerations still a regular concern for the modem farmer, Weld's astute comments are as valid now as they were eighty years ago. COUNT THE WHOLE COST N The fact that farming has seldom been conducted on the same strict, account -keeping system as other commercial enterprises must be largely attributed, no doubt, to the unbusinesslike system or lack of system followed in the valuation of farm improvements. This common undervaluation of farm buildings has long been a matter of remark, but has been brought pointedly to our attention of late in connection with local mutual fire -insurance companies. As most of our readers are aware, the law forbids these from insuring in excess of two-thirds value, which is right and proper in the interests of safe business. But in connection with this, the companies adopt a plan of undervaluation, which leaves the proprietor with only a small proportion of his total risk carried. With some companies, the rule is to assess a barn at so much per foot of its perimeter, making allowance for extra height in some cases. This rule appears to be averaged, however, upon the amount of material and labor purchased outright in the construction of an ordinary barn. It usually ignores a large amount of material cut and collected on the place or taken from old structures torn down, and also throws in many days' unskilled labor of man and team hauling material, preparing foundations, and so on. It is common to hear a farmer, on being asked the cost of his silo, barn or house, put it at a very low figure, adding, when questioned, "We had gravel on the place, and didn't count the hauling of it," or, "We used a good deal of material from the old barn," or, "We did a good deal of the work ourselves" — as if their own labor had no value and only hired help was worth anything. Now, we submit that this is unbusinesslike and erroneous. A dollar's worth of labor is worth a dollar, whether a farmer performs it himself or hires a man by the year to do it, or keeps and provides a team for the purpose, or hires it by the day. He who works for nothing works too cheap. The proper way to value improvements is to put them at what one would be willing to duplicate them for on his own or a neighbor's farm. Every stick of old material should be rated approximately at its intrinsic value, likewise every piece cut from the bush. Every day's labor should be counted at what it is fairly worth, not necessarily at highest contractor's wages, but what it would cost if one had to hire it on his own farm. Not only would this method of valuation be equitable for purposes of fire insurance, but in all calculations in connection with farm management it would conduce to consistent estimation and to the elimination of unprofitable toil, which is often performed because a full value is not placed upon labor. We have frequently marvelled that farmers, who would not leave their places to do a day's work between seasons with their teams for Less than $3.50 or $4.00, would do many weeks of teaming on their farms, and throw it in as if it had no value at all. Count the cost. Count it all, and adjust farm economics in the light of figures thus set down in black and white. It may seem frightening at the start, but will lead to larger earnings and ampler profits in the end. Cattle Were Smaller Back Then .. . This participant in South Dakota's Royal Winter Fair of 1949 exhibited midget cattle —and a novel way of transporting livestock. (Photo: courtesy OMAF) 28 THE RURAL VOICE