The Contemporary Review, Volume 36, December 1879Various
Religion
The Contemporary Review, Volume 36, December 1879
Various
Arts -- Periodicals; Literature -- Periodicals; Political science -- Periodicals
4. Finally, one more truth comes forth from this explanation, which
has a most important bearing on the efficient cultivation of land. The
landowner and the tenant are joint partners in a common business. They
share a common profit--the first portion belongs to the farmer, the
remainder to the landlord. They are both interested in promoting the
success of the agriculturist. If the cultivation of the soil thrives
even under the shortest leases, the rent is not quickly raised in
consequence of the rising profit--whilst under a long lease very
considerable gains may be won before a new settlement of the rent can
come up for discussion. This partnership brings a powerful motive to
act on the landlord to give help in developing the efficiency of the
farming. He knows that if he invests capital in draining and other
improvements, he increases the productive power of his land, he is
laying the foundation of enlarged results, and he cannot fail to
perceive that land thus improved must yield a bigger profit, of which
the surplus part, the rents, must necessarily be greater. Thus, an
important benefit is acquired, not only for the joint partners, but
also for the whole population of the country. Such processes generate
more abundant and cheaper food. The landlord who never visits his
farms, never thinks of them except on rent day, is blind to his own
interest, is forgetting that ownership of land is a partnership in a
business. He neglects his own enrichment, and leaves needed resources
for the nation unused. The active and intelligent landlord, on the
contrary, watches the march of agriculture. He observes where the
machine, the soil, requires improvement, he notices the farming
qualities of the tenant, he lives on friendly relations with him, and
deliberates with him on expanding the productive power of the farm.
His rent becomes larger--not only by obtaining interest on the capital
laid out, but also by sharing in the additional profit which that
capital is sure to engender; and that addition will not be grudged by
the tenant. He, too, will have prospered by the help of more powerful
machinery in his trade, for he is certain of getting an augmented
profit from the capital laid out by the landlord. Whatever may be said
of the system of land-revenue which prevails in England, one merit
it certainly possesses: it tends to bring the capital of a wealthy
landowner to take part in enlarging the power of the land and the
amount of its produce.
BONAMY PRICE.
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