Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
The amount of rents in Prussia, _Krug_ assumed to be in
1804, 50,000,000 thalers, and _von Viebahn_, Zollverein
Statistik, II, 974, in 1862, 116,500,000 thalers. _Lavergne_
assumed the rents of France after 1850 to be 1,600,000,000
francs (Revue des deux Mondes, Mars, 1868); and _Dutot_,
Journal des Economistes, Juin, 1870, in 1870, at
2,000,000,000. In Norway, the capitalized value of all the
land was assessed at 13,000,000,000 thalers in specie, in
1665; in 1802, at 25,500,000; in 1839, at 64,000,000
thalers. _Blom_, Statistik von Norwegen, I, 145. The older
such estimates are, the more unreliable they are.]
[Footnote 156-5: In Paris, in 1834, the square _toise_ = 37
sq. feet, in the Rue Richelieu and Rue St. Honoré, cost
1,500 to 2,000 francs; in Rue neuve Vivienne, 2,500 to 3,500
francs; in 1857, from 200 to 500 francs per square meter, =
10 sq. feet, was very usual. (_Wolowski_.) Before the gates
of Paris, the rent amounted to as high as 250 francs per
_hectare_; at Fontainebleau, to only from 30 to 40. (Journal
des Economistes, Mars, 1856, 337.) In Market Square,
Philadelphia, land was worth from 3,000 to 4,000 francs per
sq. _toise_, and in Wall Street, New York, about 4,000
francs. (_M. Chevalier_, Letters sur l'Amérique, 1836, I,
355.) In St. Petersburg, after 6 years, the house frequently
falls to the owner of the area. (_Storch._ by _Rau_, I, 248
f.) In Manchester, the Custom House area cost from 10 to 12
pounds sterling per square yard; in the center of the city,
as high of £40, that is, nearly £200,000 per acre. In
Liverpool, in the neighborhood of the Exchange and of Town
Hall, the cost is from 30 to 40 pounds sterling. (Athenæum,
Dec. 4, 1852.) In London, a corner building on London
street, erected for £70,000, with only three front windows,
pays a rental of £22,000. (Allg. Zeitung, 1 Febr., 1866.)
The villa at Misenum--a very beautiful location--which the
mother of the Gracchi bought for about 5,000 thalers, came
into the possession of L. Lucullus, consul in the year B. C.
74, for about 33 times as much. _Mommsen_, Römisch. Gesch.,
II, 382.]
SECTION CLVII.
HISTORY OF RENT.--IMPROVEMENTS IN THE ART OF AGRICULTURE.
Improvements in the art of agriculture which are confined to individual
husbandmen leave rent unaffected. They do not perceptibly lower the
price of agricultural products, and only effect an increase of the
reward of enterprise which is entirely personal to the more skillful
producers and does not attach to the ground itself.
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