The Contemporary Review, Volume 36, December 1879Various
Religion
The Contemporary Review, Volume 36, December 1879
Various
Arts -- Periodicals; Literature -- Periodicals; Political science -- Periodicals
The position of the farmer who is seeking to discover what is the
proper consideration for the hire of a farm is radically different
from that of an ordinary manufacturer. As all land in England can be
said to pay rent, it is clear that its products are sold at such a
profit as enables the tenant to reward his landlord for his loan. The
sale of what he makes is therefore certain, but the price which
it will fetch is anything but certain. His business is subject to
influences which very materially affect the quantity of his products,
and still more the prices which they will command. He is dominated
by the seasons; but it may be argued that their fluctuations may be
guarded against by basing the calculation on their average character.
The statement is well founded, and every sensible farmer will take the
average season as his rule in computing; yet even the average season,
as recent experience has too sadly shown, may sweep over a large cycle
of years with very disturbing results. But there are other and very
formidable difficulties which the farmer is called upon to face. The
price which his produce will command depends on forces of great and
varying power which are entirely beyond his own control, and often
are incapable of being estimated beforehand. He is necessarily met by
foreign competition; and that competition itself is stronger or weaker
according to the commercial position of the countries which bring
it to bear. Further, the state of the home market itself cannot be
prejudged. The produce of English land will certainly be demanded
and sold; but its price is vastly influenced by the prosperity or
adversity of English trade. The rate, for instance, at which meat will
be sold will vary prodigiously according as the multitudes of British
workmen are earning high or low wages. The fortunes of foreign nations
will weigh on the cultivating farmer; they are buyers of English
wares, and their financial condition will act on British manufactures
and recoil, for good or evil, on British agriculture.
Public-domain text, read in full here on John Shaqi.
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