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OverviewThe Walrond Ranch, a cattle and horse operation in the foothills of southern Alberta, was one of the four giants of the livestock grazing industry in the late nineteenth and early twentieth century. At its height, the Walrond ran over 10,000 cattle along with several hundred well-bred Clydesdale and Shire horses on nearly 300,000 acres of land. Ultimately, however, the Walrond failed. The driving force behind the ranch, Dr. Duncan McNab McEachran, had high aspirations and communicated his optimism to Sir John Walrond and the rest of the British investors funding the venture. But reality quickly set in. Winter storms, drought, disease, and predators constantly depleted the Walrond's herds and the operation inexorably slipped toward bankruptcy. McEachran's poor management played just as large a role as the environmental challenges in the ranch's downfall; his stubborn reluctance to admit failure prolonged the inevitable, wasting more and more investor dollars in the meantime.Somebody Else's Money is the first close environmental and economic study of one of the so-called great ranches on the northern Great Plains of North America. Author Warren Elofson examines the business side of large-scale, open range grazing and describes the myriad of natural and man-made obstacles that barred it from success. He argues that, financially, the Walrond was doomed from the beginning because its management approach and grazing practices were unsuited to both the natural and economic conditions of the frontier environment. Full Product DetailsAuthor: Warren ElofsonPublisher: Not Avail Imprint: Not Avail ISBN: 9786613530912ISBN 10: 6613530913 Pages: 294 Publication Date: 15 August 2009 Audience: General/trade , General Format: Electronic book text Publisher's Status: Active Availability: In stock We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |