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Josepa, april 20th 1894 To the First Presidency Dear Brethren; The recent action of the Board of Directors of the Josepa agricultural & Streta Company increasing the wages of the Hawaiian labours knowing your great anxiety, as also my personal ambition, to havr the farm conducted so as to pay its way, has led me to prepair the statements inclosed, showing the probable expense for labour during the present year as also the income from the farm during 1893. Suppose our income from the farm for the present year to be equal to that of 1893. bring $571320 & from some & cattle for 1894$3540,90 & from Mdse & other sources $803.90 making a total of $10,058,00. Our expenses as we estimate will be $10,058.00 making the expense equal to our income. But in this estimate of expense & have made no provision for my compensation. Our chief hope for greater profits in the near futue lies in the swine industry. The increase of swine from tr head March 1st1892, valued at $230.00 to 500 head March 1st 1894, valued at $300.00 suggests that during this season we shall be compelled
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to make improvemenets for the proper care of our home, the slaughtering & curing of the meat here, as it will be almost impossible to get them to market alive. There is no reason why we should not, in the near future, with our present prospects, be able to market from ten to fifteen thousand pounds , of well cured pork annually. In fact we have an exact of country here,
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