by Edward Winslow Martin, 1874
“Yes,” replied the farmer. “We’ve no reapers in this part of the country, and we farm in the oldfashioned way.”
“That’s a pity,” said the stranger. “A reaper would work beautifully on this land. Why it would be no trouble at all to get your wheat in with a good reaper.” …
“Can’t afford it; haven’t got the money to spare,” said the farmer.
“See here, now,” said the stranger, in a more confidential tone. “I’m selling a patent reaper — a first-class machine, and dirt-cheap at the money asked for it. You’d better let me sell you one.”
“It’s no use to talk about it, my friend. I haven’t the money to spare.”
“I don’t want your money now,” said the man, temptingly. “I’ll sell you one at a bargain, and wait till it has paid for itself.”
And with that the agent produced pencil and paper, and went into a calculation, showing the farmer how much it would cost him to cut his crop that year, and how much the reaper would save him, as well as a calculation of the amount of grain he could cut for other farmers in the vicinity. …
Farmer Green’s better judgment bade him refuse the terms thus offered, liberal as they seemed. He knew the evil consequences of running into debt, and his conscience bade him put the temptation behind him. He wanted a reaper, however; he had always wanted one; and here was an opportunity of purchasing one upon terms which would enable him to pay for it out of its actual earnings. There was not a reaper in the county, and he felt confident that he would be able to keep it busy on his neighbors’ farms, all through the season, after he had cut his own crop.
The agent was a smooth tongued, plausible fellow, and he plied the farmer with every argument he was master of. The result was that the farmer bought the reaper. He had not the money to pay for it, but he gave what is called in Iowa “an iron-clad note” for it. In plainer English, he gave his note accompanied with a statement of property. By the laws of lowa such a note is equivalent to a mortgage. And so, in order to purchase the reaper, the farmer had imperilled his property, and had placed the safety of his home upon the turn of a chance.
The machine arrived in due time, and was found to be all the agent had claimed for it. It was a capital reaper, and a very handsome machine withal. Farmer Green could not help feeling a little downhearted as he remembered the risk he had incurred in order to obtain it; but he consoled himself with the hope that he would be able to make it pay for itself. When the harvest came around, the machine proved itself a good worker. Farmer Green soon had his crop cut and stacked, and then began to look about him for engagements for cutting his neighbors’ grain. Some were willing to make the trial, and a few jobs of this kind enabled him to earn something with his reaper. But the work was less in amount than he had looked forward to, for the agent who had sold him the reaper had found other customers in the vicinity, and the demand for Farmer Green’s machine was very much less than he had anticipated. The reaper stood idle under its shed during the better portion of the harvest season, and the farmer was doomed to a severe disappointment. When the crop was sold there was another disappointment.
There had been a heavy decline in the price of wheat, and the farmer did not receive as much as he had expected for his grain. All this while the day upon which the note must be paid was drawing near, and the farmer’s chances of meeting it were rapidly diminishing. …
He paid the interest once or twice, but the burden was too heavy for him, and at last, in sheer despair, he mortgaged the farm, paid the note, and got rid of the Reaper Company. But he had only shifted his burdens. The mortgage proved as troublesome as the note had been, and instead of being able to decrease it, he was obliged to increase it as time passed on. By the first false step he had placed the farm of which he was so proud in danger. He had voluntarily incurred a useless debt, and the rest of his bad luck was simply the logical consequence of a reckless and foolish act. He ran behind steadily, and at length his difficulties increased to such an extent that in order to rid himself of the debts he had no hope of paying in any other way, he sold his farm, discharged the mortgage, and bidding adieu to his old home and friends, went farther West, …




