Communal property was an old institution which had lived on under the ægis of feudalism. Under the "glorious revolution" which brought William of Orange to England, the landlord and capitalist appropriators of surplus value inaugurated the new era by thefts of land on a colossal scale. Thus was formed the foundation of the princely domains of the English oligarchy. In the eighteenth century the law itself became the instrument of the theft of the people's land, and the transformation of communal land into private property had for its sequel the parliamentary form of robbery in shape of the Acts for the Enclosure of Commons. Immense numbers of the agricultural population were by this transformation "set free" as proletarians for the manufacturing industry. After the foregoing consideration of the forcible creation of a class of outlawed proletarians, converted into wage-labourers, the question remains,--Whence came the capitalists originally? The capitalist farmer developed very gradually, first as a bailiff, somewhat corresponding to the old Roman _villicus_; then as a _métaver_, or semi-farmer, dividing stock and product with the landowner; next as the farmer proper, making his own capital increase by employing wage-labourers, and paying part of the profit to the landlord as rent. The agricultural revolution of the sixteenth century enriched the farmer in proportion as it impoverished the mass of the agricultural people. The continuous rise in the price of commodities swelled the money capital of the farmer automatically, and he grew rich at the expense both of landlord and labourer. It is thus not surprising that at the close of the sixteenth century England had a class of capitalist farmers who were wealthy, considering the conditions of the age. _II.--The Genesis of the Industrial Capitalist_ By degrees the agricultural population was transformed into material elements of variable capital. For the peasants were constrained, now that they had been expropriated and cast adrift, to purchase their value in the form of wages from their new masters, the industrial capitalists. So they were transformed into an element of constant capital. Consider the case of Westphalian peasants who, in the time of Frederic II., were all spinners of flax, and were forcibly expropriated from the soil they had owned under feudal tenure. Some, however, remained and were converted into day-labourers for large farmers. At the same time arose large flax-spinning and weaving factories in which would work men who had been "set free" from the soil. The flax looks just the same as before, but a new social soul has entered its body, for it now forms a part of the constant capital of the master manufacturer.