One item of cost still remains, which the intelligent tenant will investigate before he contracts to take the farm. He will inquire into the condition of the farm--into the outfit, so to speak, which it will require for the full performance of the work which it is fitted to perform. He will endeavour to ascertain the amount of draining which has been effected, the number and state of the farm-buildings, as well as the amount of unexhausted improvements of various kinds which either the landlord or the previous tenant has laid out upon the land. These constitute no real part of the land's fertility, though they increase its power to produce: they are fixed capital in the carrying out of the agricultural business. And here it is important to note that the tenant will not inquire into the amount of money, as such, which the landlord has spent upon his land. He will not pay an additional pound of rent because the landlord can appeal to large figures denoting the capital he has laid out on his fields. This, by itself alone, does not concern the tenant; but it does concern him greatly to learn the actual condition of the farm; and beyond doubt the landlord will be able to demand increased rent, and the tenant will be perfectly willing to pay it, to the extent that the outlay on draining and other improvements has augmented the actual produce of the farm. The tenant looks solely to the working power of the agricultural machine and the results which he may obtain from it; outside of this consideration he takes no account of what outlay the landlord has incurred, any more than of the price which he has given for the property. The tenant will be well aware that if that machinery does not exist, it must be provided by means of an understanding with the landlord, necessarily involving some cost for himself: if he finds it on the ground and at work, he will set down in his calculation an increased estimate of produce without any debit against rent for cost of construction--he will feel that he is hiring a more powerful machine.