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non-agricultural classes-On the identity (common to all classes of
Origin of Farmers Rents.........
Severance of the connexion between Rent and Wages.
SECTION 2. Three Different modes in which farmer's rents may increase. On the progress and effects of a rise of rents from an increase of produce caused by the use of MORE CAPITAL in cultivation......
Statement of the ordinary course of such rise-Examination of the law of
Different effect of capital employed in different shapes.
The employment of auxiliary capital augments the relative numbers of the non-agricultural classes...
The increase of auxiliary capital increases the revenue of the intermediate
SECTION 3. On the second source of the increase of farmers rents, or on THE INCREASING EFFICIENCY of the capital employed................. 236 The effects of this source of increase are less in amount than the effects of the employment of additional capital on the same. But those effects are accompanied by a power of cultivating poorer soils and a consequent spread of tillage, and also by a power gradually to accumulate more capital on the old soils, and a second rise of rents from this source....... 238 SECTION 4. On the third source of the increase of farmers rents, namely, a DECREASE IN THE SHARE of the producing classes, the produce remaining the same.
The increase of produce rents from this cause is measured by the decreasing fertility of the soils governing price.........................
244 The decreasing fertility of the soil may (as it affects wages and profits) be balanced by the increased efficiency of manufacturing labor.
Should the efficiency of agriculture begin to decrease, a community of which the manufacturing industry is improving, may, in spite of the decrease, produce both more corn and more of every other commoddity than it did before the decrease began...................
SECTION 5. On the fallaciousness of some supposed indications of the decreasing efficiency of agricultural labor.........
A fall of profits is no proof of the decreasing efficiency of agricultural industry.....
An increasing relative value of raw produce is no proof of the decreasing efficiency of agricultural industry.
An increasing money value of raw produce compared with the prices of other countries is no proof of the decreasing efficiency of agricultural industry 266 SECTION 6. On some indications of the real sources of increasing rents which are to be obtained in particular instances, by observing, FIRST, the variations which take place in the COMPARATIVE NUMBERS of the agricultural and non-agricultural classes, and SECONDLY, the alterations which shew themselves in the landlord's PROPORTION of the produce.....
Proof, from these indications, that in the case of England, the rise which has taken place in rents has originated in better farming, and not in the cause assumed by Mr. Ricardo and others, namely, "the employment of an additional quantity of labor with a proportional less return".....
SECTION 7. The interests of the landlords are not in opposition to those of the other classes.
The landlords may have a temporary and limited interest in the depression of other classes. This circumstance is not peculiar to them. The
revenue of every class may be increased by an invasion of the revenue of others but the revenue of none can thus increase securely and progressively in the progress of nations. Proof as to wages-Proof as to
profits-Proof as to rents..............................
SECTION 8. Summary of Farmer's Rents.......
Position of the Land-owners in the advance of Society to Farmer's Rents..... 306 Observations on some circumstances in the Actual Position of England........ 308 Strict connexion between the interests of the Non-agriculturists and the Agriculturists-Corn Laws-Tithes-Poor Laws desirable alterations ib.
Peasants Rents are properly considered as Rents.................................. 324 Interests of the Proprietors always identical with those of the Cultivators.... 328 Permanent and progressive prosperity of each class of the community dependent on the common advance of all.....
Ir has been mentioned to me, that I have given no regular definition of the word Rent. The omission was not undesigned. On a subject like this, to attempt to draw conclusions from definitions, is almost a sure step towards error. A dissertation, however, on the use and abuse of definitions, would be out of its place here. I have pointed out the origin of payments made to the owners of the soil. I have tracked their progress. If any reader, during this enquiry, is really puzzled to know what we are observing together, I shall be sorry: but I am quite sure that I should do him no real service, by presenting him in the outset with a definition to reason from.