"I pass from the handloom weavers to the farmers and landlords
of Cumberland. I know none of the cases to which the honourable
member alluded of my own knowledge; but he adverted to a farm
which has been recently relet in Cumberland at a considerable
diminution of rent. The noble marquis has spoken of his
labourers. Perhaps I may here be permitted to say a few words
of mine. I have already stated to you the infinite obligations
I am placed under by the conduct of my tenantry, but I stand
here this moment without an acre of land unlet which I wish to
let. I have not for the last five years changed two tenants
who pay me above £100 a-year, and I have not an arrear of £300
on my whole rental. That is the state of my county, so far as
I am concerned. But I look to the estate of my neighbour, of
my colleague, and of my friend, as I am proud to call him, the
Duke of Buccleuch, one of the greatest proprietors in the south
of Scotland, and one who differed from me as to the policy of
Free Trade. He has not, in Roxburghshire and Dumfries, let land
falling out of lease--and those leases are usually for nineteen
years--at any diminution of rent. A case has been mentioned,
again, of a farm in East Lothian; and I dare say some hon.
member more conversant with the details of that property than
I am will speak upon that point; but, as I am informed, the
farm in question had been previously in the hands of the owner,
and had never been let before the last letting--that it was
never calculated to be worth more than £1800 a-year--that some
speculative farmer took it at £2200--that he made an imprudent
and improvident bargain--and that a remission, therefore, has
taken place, reducing the rent below £1800 a-year, but not
much. I have friends in East Lothian, and I have made it my
business to inquire into these matters, and I am told farms
let freely as they fall out of lease, without any diminution
of rent whatever; and also I am informed that the value of
the fee-simple, which is the real test among the shrewd and
sagacious people of Scotland, has increased since the repeal of
the Corn Laws. I have said I have no farms to let; but I have
perceived that, since the repeal of the Corn Laws, there has
been a competition for land, arising among a class of persons
with whom there was formerly no desire to occupy land, while
there was the uncertainty which attended the operation of these
laws."
Public-domain text, read in full here on John Shaqi.
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