Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
Incomparably more important in the economic valuation of a piece of land
is its capacity for cultivation, because this depends much less on the
good or bad quality of the husbandman’s art. I mean here the so-called
physical constitution of the vegetable soil; its water-holding power, its
consistency (light or heavy soil) on which the difficulty of working it
depends; its ability to dry, in a shorter or longer time, and its
accompanying diminution in volume; its ability to draw moisture from the
atmosphere and to absorb the various kinds of gases; its heat-absorbing
and heat-containing power (hot, warm and cold soils).(215) Much depends
here on the depth of the vegetable soil and on the constitution of the
sub-soil, which, for instance, when it is very permeable, improves a very
moist soil, but in the form of meadow iron-ore (_Wiesenerz_), works great
injury. The vertical form of the land is also a very important element in
estimating the natural fertility of the soil. In mountainous districts,
the quantity of land which can be used (and with what labor!) is wont to
be relatively smaller than in low lands. Hence it is, that the former
become too small for their inhabitants; who, therefore, swarm over the
plains lying before them either as settlers or conquerors.(216) In the
eastern hemisphere, the northern slopes of mountain regions are most
unfavorably situated, although the southern slopes are frequently
subjected to more trying and more sudden variations of thawing and
freezing weather.(217)
But all these more special qualities of the soil must be distinguished
from their general basis, the bearing or carrying capacity which land
possesses as a mere superficies, and which the most naked rock (Malta!),
and the bed of a flowing stream (the floating gardens of China!) possess
to some extent, since there is a possibility of establishing a
plant-feeding surface on them. This bearing capacity, which in most
instances is given only by nature, and which can be added to only to a
very limited extent and at great outlay, is wont, when the population is
very dense, to acquire considerable exchange value in the
vicinity.(218)(219)
Section XXXVI.
External Nature.—Further Divisions Of Nature’s Gifts.
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