One Thousand Ways to Make Money by Page Fox

828. PEAT.--New Jersey has more than 1,000 square miles of peat lands,

for the most part undeveloped. The peat is from three to six feet in depth. When phosphates are selling for $18 a ton, there ought to be a market for peat at $5, which would still leave a good margin of profit, if, as seems entirely reasonable, the labor and freightage could be covered for $3.