The Contemporary Review, Volume 36, December 1879Various
Religion
The Contemporary Review, Volume 36, December 1879
Various
Arts -- Periodicals; Literature -- Periodicals; Political science -- Periodicals
The combined action of these manifold and diverse forces generates a
special and very important effect. It imprints on the hire of land
a distinct and unique feature of its own; it imparts its peculiar
characteristic to rent. The position of the farmer is not that of a
man engaged in a business, and buying or hiring a machine which is
required for carrying it on; it is rather the situation of one who is
examining whether he can reasonably enter upon the business at all.
One feeling governs that situation; the tenant must be able to live by
it by means of a natural profit after all expenses have been repaid.
Thus, the payment for the use of the land takes the form of handing
over to the landowner all excess of profit above the fitting reward
for the farmer. This seems manifestly the best method for giving the
required security to the tenant, whilst it provides the lender of
the use of the land a reward just in itself and compatible with the
continuous cultivation of the soil. Such a system is not unacceptable
to the landlord; he cannot hope to maintain a fixed rent which the
returns yielded by the agricultural business do not furnish. To insist
upon such a condition would be simply to compel the farmer to renounce
the farm. And he will not obtain such a rent from any other tenant;
for the one he dismisses has no other motive for leaving except the
fact that the farm will not provide such a rent. On the other hand, if
he is dissatisfied with the rent offered by the tenant, he has in the
competition of tenants desirous of hiring the farm a sure test for
ascertaining whether the offer is just or deficient.
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