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Updated: May 17, 2025
Americans bought ranches for five dollars an acre and resold them as rawnches for fifty dollars to young Englishmen who will never make a cent on their investment; chiefly because fruit trees take from five to ten years to come to maturity, and because fruit must be near a market, and because only an expert can succeed at fruit.
Similarly of many of the ranches bought at five dollars an acre by Americans and resold as rawnches at twenty-five dollars to forty dollars to Englishmen.
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