第3章

类别:其他 作者:W.WHEWELL, D.D.字数:19483更新时间:19/01/02 16:08:23
TransitionfromRyotRents。AnotherkindofpeasantrentprevailsinAsia,andespeciallyinIndia,called,asIhavesaid,Ryotrents;Ryotbeingthenameforthecultivator。Theserentsareaproducerent,paidtothesovereignasproprietorofthesoil。MrJonessays(p。138):\"Thereisnothingmischievousindirecteffectofryotrents。Theyareusuallymoderate;andwhenrestrictedtoatenth,or evenasixth,fifth,orfourthoftheproduce,ifcollectedpeacefullyandfairly,theybecomeaspeciesofland—tax,andleave thetenantabeneficialhereditaryestate。Itisfromtheirindirecteffectstherefore,andfromtheformofgovernmentinwhich theyoriginate,andwhichtheyservetoperpetuate,thattheyarefullofevil,andarefoundinpracticemorehopelesslydestructiveofthepropertyandprogressofthepeoplethananyformoftherelationoflandlordandtenantknowntous。\"Theproprietaryrightsofthesovereign,andhislargeandpracticallyindefiniteinterestintheproduce,preventtheformation ofanyreallyindependentbodyontimeland。Bythedistributionoftherents,whichhisterritoryproduces,themonarch maintainsthemostinfluentialportionoftheremainingpopulationinthecharacterofcivilormilitaryofficers。Thereremain onlytheinhabitantsofthetownstointerposeachecktohispower;butthemajorityofthesearefedbytheexpenditureof thesovereignorhisservants。Weshallhaveafitteropportunitytopointouthowcompletelytheprosperityorratherthe existenceofthetownsofAsia,proceedsfromthelocalexpenditureofthegovernment。`Asthecitizensarethusdestitute fromtheirpositionofrealstrength,sotheAsiaticsovereigns,havingnobodyofpowerfulprivilegedlandedproprietorsto contendwith,havenothadthemotiveswhichtheEuropeanmonarchshad:tonurseandfoster。thetownsintoenginesof political,influence,andthecitizensareproverbiallythemosthelplessandprostrateoftheslavesofAsia。Thereexists, therefore,nothinginthesocietybeneathhimwhichcanmodifythepowerofasovereignwhoisthesupremeproprietorofa territorycultivatedbyapopulationofryotpeasants。Allthatthereisofrealstrengthinsuchapopulation,lookstohimas thesolesource,notmerelyofprotection,butofsubsistence;heisbyhispositionandnecessarilyadespot。Buttheresultsof Asiaticdespotismhaveeverbeenthesame:whileitisstrongitisdelegated,anditspowerabusedbyitsagents;whenfeeble anddeclining,thatpowerisviolentlysharedbyitsinferiors,anditsstolenauthorityyetmoreabused。Initsstrengthandin itsweaknessitisalikedestructiveoftheindustryandwealthofitssubjects,andalltheartsofpeace;anditisthiswhichmakesthatpeculiarsystemofrentsparticularlyobjectionableandcalamitoustothecountriesinwhich,itprevails。\"Theland—taxinthissystemisinpracticearbitrary,andthenceoppressive。MrMillrelates(。379)howtheEnglishrulers whentheysucceededtothepowersoftheprevioussovereignsattemptedtoremedythisoppression。Theywishedtofounda classofgreatlandlords,thatIndiamightprosperasEnglandhasprosperedunderherlandlords。Forthispurposethey pitcheduponasetoftax—gathererscalledZemindars。Butthisplanseemstohavefailed。Itseemsnow,saysMrJones(p。1 18),tobegenerallyadmittedthattheclaimsoftheZemindarswereoverrated,andthatifsomethinglesshadbeendonefor themandsomethingmoreforthesecurityandindependenceoftheRyots,thesettlement,withoutbeinglessjustorgenerous,wouldhavebeenmoreexpedient。ButthesystemofcultivationinIndiaseemsonthepointofundergoingagreatchangefromcausesextraneoustotheryot system。TheGovernor—Generalhasinstituted,itisrecentlystated,systemofgrantsoftheunoccupiedland,ontermswhich makethegranteesindependentcultivators。Theunoccupiedlandiswideandfertile,andthusaraceofcultivatorsmayarise whoseconditionwillbefreefromtheevilsoftheryottenure。ThishoweverbelongstothePoliticalEconomyoftheFuture。 TransitionfromCottierRents。 Inowtakeanothercase。IrelandiscultivatedinagreatmeasurebyCottiers。MrMillhasputtheseinthesamechapterastheryotsofIndia。AtthisI marvelmuch;forhehashimselfpointedoutthebroaddifferenceswhichexistbetweenthetwosystems。Hetrulystatesthat inIndiathepaymentshavebeenregulatedbycustom;inIrelandbycompetition;avastdifference,ofwhichhehimselfhas forciblypointedouttheimportance。AddtothisthatinIndiatheownerofthelandisthesovereign;inIrelandaprivate person。Andwemayaddfurtherwhatisalsoaveryimportantfeaturethattherentiscontractedtobepaidinmoney,notin produce;andthereforedoesnotvarywiththeamountofthecrops。Andthislastcircumstanceespeciallyhasgreatimportanceintheprogressofthecountryinwhichthesesystemsarefound。Ryotrentshavenotendencytochange;theyhaveexistedinIndiafromthetimeoftheGreeks:probablymuchlonger。TheCottiers’rentsofIrelandofferremarkablefacilitiesforchange;MrJonessays(p。152):\"Theprincipaladvantagethecottierderivesfromhisformoftenureisthegreatfacilitywithwhich,whencircumstancesare favourabletohim,hechangesaltogetherhisconditioninsociety。Inserf,mé;tayer,orryotcountriesextensivechangesmust takeplaceinthewholeframeworkofsocietybeforethepeasantsbecomecapitalistsandindependentfarmers。Theserfhas manystagestogothroughbeforehearrivesatthispoint,andwehaveseenhowharditistoadvanceonestep。Themé;tayer toomustbecometheownerofthestockonhisfarm,andbeabletoundertaketopayamoney—rent。Bothchangestakeplace slowlyandwithdifficulty,especiallythelast,thesubstitutionofmoney—rents,whichsupposesaconsiderableprevious improvementintheinternalcommerceofthenation,andisordinarilytheresult,notthecommencementofimprovementin theconditionofthecultivators。Butthecottierisalreadytheownerofhisownstock;heexistsinasocietyinwhichthe powerofpayingmoney—rentsisalreadyestablished。Ifhethrivesinhisoccupation,thereisnothingtopreventhisenlarging hisholding,increasinghisstock,andbecomingacapitalist,andafarmerinthepropersenseoftheword。Itispleasingto heartheresidentIrishlandlords,whohavetakensomepainsandmadesomesacrificestoimprovethecharacterand conditionoftheirtenantry,bearingtheirtestimonytothisfact,andstatingtherapiditywithwhichsomeofthecottiershave, undertheirauspices,acquiredstockandbecomesmallfarmers。MostofthecountriesoccupiedbyMé;tayers,Serfs,and Ryots,willprobablycontainasimilarraceoftenantryforsomeages。Iftheeventsofthelasthalfcenturyarefavourableto Ireland,herCottiersarelikelytodisappear,andtobemergedintoaverydifferentraceofcultivators。Thisfacilityforgliding outoftheiractualconditiontoahigherandabetter,isanadvantage,andaverygreatadvantage,ofthecottierovertheothersystemsofpeasantrents,andatonesforsomeofitsgloomierfeatures。\"Thisauspiciousanticipation。hasbeenwonderfullyverifiedsinceMrJoneswrote。Circumstancesintherecenthistoryof Ireland,mostdisastrousintheirfirstaspect,havedonemuchtobreakupthesystemofcottiertenureandtointroducea betterkindofcultivation。TheFamineandtheExodus,thePoorLawandtheEncumberedEstateAct,haveproduceda wonderfulchangeintheconditionofIreland。IwillreadfromavaluablearticleintheEdinburghReview,for1857,anaccountofthemannerinwhichthecottiersystemwasaffectedbytheseevents。ThePoorLawhadbeenintroducedintoIrelandin1840:buthadnotbeenbroughtfacetofacewiththeneedsofthepeopletillthefaminein1847。Inthatyearitwasmodifiedsoastoshakethecottiersystem。Ed。Rev。p。110:\"ThePoorLawof1847providedfortheproblemofemancipatingthesoilfromthecottiersystem。The Actsof1838and1844hadprobablyhadthisobjectinview;fortheyhadchargedtheIrishlandlordswiththeentire poor—rateinrespectofthesmallerclassofholdings;andthisnaturallytendedtotheconsolidationoffarms。ButtheActof 1847wentmuchfurther;itrefusedreliefaltogethertooccupiersofmorethanaquarterofastatuteacre;andthus,bybasing therightofpubliccharityupongivingupthelargerportionoftheirland,itforcedofftheIrishcottiersinmassesfromthe soil,andleftitfreeforanewraceofagriculturists。Thepoorestofthecottiersabandonedtheirbuildingsforthe workhouses,fromwhich,however,thelargemajorityofthemhavesinceemerged,whilethoseamongthemwhohadstill anyresidueofproperty,commencedthatstrangeandunparalleledemigration,whichhassentIrishenergiestoahopeful field,andhasopenedthelandofIrelandforabettersystem。Thelawwhichdidthiswasstern,butitwasnotunjust,andno onecandenythegoodithasaccomplished。 TheEncumberedEstatesActoperatedinthesamedirection。Ed。Rev。p。116:\"Alawwhich`freedthelandofIrelandfromallchecksonalienation,whichbrokedowntheequitymode oftransfer,withitsjealousimpedimentstopuisnecreditors,itsfearfuldelays,itsruinousexpense,anditscumbrousand unsatisfactoryprocedure,andwhich,besides,offeredeverysecuritytopurchasers,wouldnecessarily,underany circumstanceswhatever,havebroughtagreatmanyestatestothemarket。Butpassingatatimewhentheequitycourtswere crowdedwithembarrassedestates,whentheruinoccasionedbythefamine,andthepoor—rates,andthepanicresultingfrom therepealofthecorn—laws,andthelownessofprices,hadmadeallcreditorsonrealpropertyinIrelandextremelyanxious torealizetheirsecurities,itoperatedtoanextentwellnighinconceivable。Inaperiodoflessthaneightyears,theIrish EncumberedEstatesCommissionhasdealtwithlandedpropertyrepresentinganetrentalofupwardsof?,450,000sterling, andcoveringanareaofmorethanfourmilliononehundredthousandacres。ACourtofJustice,sittinginaremotecornerof Dublin,haspeaceablychangedtheownershipofalargermassoflandthatprobablypassedunderCromwell’sconfiscations。 Ofthevastdistrictbroughtwithinitsgrasp,aboutsix—sevenths,containingthreemillionsfivehundredthousandacres,witha rentalofonemilliontwohundredandthirtythousandpoundssterling,hasbeensoldandtransferred,leavingaresidueofsix hundredthousandacresoftheyearlyvalueoftwohundredandtwentythousandpoundssterlingstillundisposedof。The encumbrancesupontheestatesalreadysold,andwhichhithertohadbeenpentupinthecourtsofequityorleftinthehands ofruinedinheritorsreachedtheextraordinarysumofthirtysixmillionssterling,orupwardsoftwentylouryears’purchase uponthenetrental。ThissinglefactshewsthestateoflandedbankruptcythatexistedinIreland,andisanamplejustification ofthelaw。\" Andagain,p。119\"ThegooddonetoIrelandbythisimportantstatute,anditsvastresults,arebeyondallquestion。Largetractsofland,which hithertohadnorealproprietors,whichwereeitherinthehandsofChanceryreceivers,orofinheritorssunkindebt,on whichaleasecouldnotbemade,norasecuretenurebeobtained,andwhich,accordingly,wereinvariablythereceptaclesof theworstspecimensofthecottiertenantry,havenowfallenintothehandsofownerswhocanusethemforallthepurposes ofproperty。OnagreatportionofthesurfaceofIrelandthereisnolongeranimpenetrablebarriertonaturalfanningtenures, andtothelegitimateconditionsofarealagriculture。Eventhebreakingupofthelargepropertiesintosmallestateshasbeen ofadvantage;forithastendedtoextendtheareaofthefarmerbyreducingthesizeofprivatedemesnes;ithasstimulated providentandindustrioushabits,byopeningtheland—markettosmallcapitalists;andprobablyithasconsiderably encouragedtheinvestmentofmoneyintheimprovementofthesoil。Inaword,agreatbreadthofIrelandhasnowbeenset free,andissubjectedtomorecivilizinginfluences。Theevidencesofthismostsalutarychangeareperfectlyclearinevery partofthecountry。Moderatemansions,neatfarmhouses,andgoodfarmbuildings,risingfromamongtrimcornfieldsand pastures,thetrueproofsofasubstantialagriculturalmiddleclass,arenowtobemetwith,andthatnotunfrequentlyon estateswhichhadlongbeenmoulderinginChanceryruin。Asregardsthispoint,however,weprefertociteasingleexampletomakinganygeneralstatements。\"Intheyears1852,1853,MrAllanPollok,ofGlasgow,purchasedestatesinthecountyofGalway,undertheEncumbered Estates。Act,forwhichhegave?30,000。Hehassinceexpended?50,000ontheminfittingthemwithproperappliances foragriculture。Intheyear1852therewere100acresofgreencropsonhislands,andintheyear1856therewere2000 acresofgreencrops,and3000ofcorn。IftheimprovementseffectedbyotherpurchasersundertheEncumberedEstates Act,evenremotelyapproachthechangesaccomplishedbyMrPollok,therecanbenodoubtthatthewealthofIrelandwill beincreasedinanextraordinarydegree。\" Thegeneralresultsarethusstated:\"TheselawshavewroughtacompleterevolutioninIrishagriculture;havetransferredthesoilfrompaupercottierstoreal farmers;havecausedanevidentimprovementineveryspeciesofhusbandry;havebroughtcapitalinlargequantitiestoa hopefulfieldforinvestment;haveplantedinthelandanumeroussmallproprietary,andhavesettledthetrueconditionsof Irishprosperity。Afewfigureswilldemonstratetheseresults。Intheyear1841,thefarmsinIreland,exceedingthirtyacresin area,wereintheproportionofseventothehundred;atthecloseof1855theyhadincreasedtomorethan26percent。,and occupiedupwardsofthree—fourthsofthecountry。Intheyear1841,therewereaboutsixandaquartermillionsofacresout ofcultivation;intheyear1855onlyfourmillioneighthundredandninetythousand。In1847,727,000acresofIrelandwere underagreencrop;in1855,thenumberhadnearlydoubled。In1841,thelivestockofIrelandwasvaluedat?9,400,000。In 1855,atthesamerates,ithadreachedthirtythreemillionsandahalf。TheaveragecirculationofallthebanksofIrelandwas in1850fourmillionsandahalf;atthecloseof1855,ithadalmostincreasedathird。Lastly,whiletheIrishexcisedutiesof 1850,amountedto?,400,000,thoseof1856,are?,600,000。itmay,wethink,bestated,thatsorapidandhappyand economicalarevolution,soquickatransitionfromasinkingandperilous,toahopefulandflourishinglandedsystem,is withoutaparallelinhistory。ThefoundationsofIrishprosperityhaveatlengthbeenlaidinreformedmodesofowningandoccupyingthesoil;andtherecanbenodoubtbutthattheywillsupportasuperstructureofgeneralwelfare。\"OneremarkIwillmakeinconcludingthisbriefview。Weliveinaneventfulage。Thatisareflexion。whicheveryoneis readytomake;everyonereadytoassentto。ButthereisafurtherreflexionsuggestedbywhatIhavebeensaying。Besides andbeyondtheeventswhichmaketheageappeareventfultocommonobserverswarandpeacerevolutionsofstatesand dynastiestheriseandfallofkingdomsandempires,republicsandfederationseventswhichshakethegroundwiththeir earthquake,andfilltheairwiththeirthunder;besideandbeyondthese,thereareeventstakingplace,noiselessandalmost imperceptibleadvancinglikevegetationoveradesert,orsummeroverthewoodsandfieldseventsoffarmoreconsequence thanallthatcomeswithconvulsionandtumulteventswhichwillbythepoliticaleconomistofthefutureberegardedasfar moreimportantthananypoliticaleventshappierthananyrestoration,moregloriousthananyrevolution:theeventsofthe decayandextinctiontobereplacedbysomethingbetterinshort,theEuthanasiaofMé;tayerRentsinFrance,SerfRentsin Russia,RyotRentsinIndia,andCottierRentsinIreland。 LECTUREV。 TheDoctrineofRent。ThedoctrineofRentspokenofinthelastLecture,mustnowbemorefullyexplained,asIhavesaid;itmaybebrieflystated thus:TheRentoflandisthepaymentfortheexcessofthevalueoftheproduceofthebetterlandoverthepoorestcultivatedland:thepoorestbeingthatkindoflandwhichjustpaysforbeingcultivated。LetAbethebestland(bestasbeingmostfertile,nearestthemarket,orforthelikereasons)。Andlettheproduceofitunder theusualcultivationbe?2peracreperannumontheaverage。 LetBbenextbestland,andletitsproducebe?0peracre;andsupposethisproducejustpaystheexpenseofcultivation。 LetCbestillinferiorland,whichunderthelikecultivationyieldsonly?peracre。ThereforethelandCdoesnotpaytheexpenseofcultivation,andnoonewillwithaviewtoprofit,bestowuponitthe expenseofcultivation。 ThelandBmaybecultivatedwithaviewtoprofit,byapersonwhocanhaveitrent—free:bytheproprietorforinstance。ThelandAmayl)ecultivatedwithaviewtoprofitbyanyone,payingforitarentof?anacre。Whenhehaspaidthatrent,hisprofitswillstillbetheusualprofitsofstock。ThisisnecessarilytheoriginandmeasureofRent:fortheproprietorofAwillnotallowanyonetocultivateitonlowerterms,sincehecanobtainthoseterms。Apersonwhothusrentslandandcultivatesitwithaviewtoobtainingtheprofitsofhisstock,isaFarmer。TheRentsnow spokenofareFarmer’sRents。 A:Produce=12 Rent=2 B:Produce=10 Rent=0 C:Produce=8UncultivatedThisdiagrammayrepresentthekindsofland:A,B,Cthedifferentkindsyieldingdifferentvaluesofproduce,in consequence,ashasbeensaid,ofbeingmorefertile,nearertothemarket,orothercauses。 RecentRiseofRentsinEngland,howproduced?ThemainimportanceoftheDoctrineofRent,isintheviewstowhichitleadsrespectingthecausesandtheeffectsofariseorfallofrents。Supposethatthepriceofcorn(orotherproduceoftheland,)increases,andthattheexpenseofcultivatingthelandremains thesame。Supposethisincreaseofpricetobeonefourthoftheoriginalprice。 ThenthevalueoftheproduceofAwillbeincreasedby?insteadof12,itwillbe12+3or15。 ThevalueoftheproduceofBwillbeincreasedalsoby?insteadof10itwillbeio+2?or12?Andastheexpenseofcultivationisstillonly10asbefore,therewillbeinthiscase,besidestheordinaryprofitofstock,an extraprofitof2?whichthefarmerofBcanaffordtopaytotheproprietor;andwhichtheproprietorwilldemandastherentofB。InthiscasethevalueoftheproduceofCwillalsobeincreasedbyone—fourthinsteadof8itwillbe10。AndastheexpenseofcultivatingCwiththeusualprofitsis10,apersoncanaffordtocultivateC,payingnorent。InthiscaseC,whichwasnotcultivatedbefore,iscultivatednowinconsequenceoftheincreasedpriceofcorn。This increasedpricemaybesupposedtoarisefromtheincreaseddemandoccasionedbyanincreasedpopulation。Theincreased producearisingfromthecultivationofCwillprovidefortheincreasedpopulation。 Thisnewstateofthingsmayberepresentedbythisdiagram,A:Produce=15 Rent=5 B:Produce=12? Rent=2? C:Produce=10 Rent=0。 Inthiscase,Rentsincreaseinconsequenceofcornhavingbecomedearer。MrRicardoassumedthatthiswasthegeneralcase:thatariseofrentsisalwaysaccompaniedbyanincreasedpriceofcorn, inconsequenceofthenecessityofobtainingcornfrominferiorsoils:asin。theabovecase,inconsequenceoftheincreaseofpopulationitwasnecessarytoobtaincornfromthelandC,aswellasfromthelandAandB。MrRicardoassertedthattheinterestofthelandlord(whichistheriseofrents),isopposedtotheinterestoftheconsumers ofproduce(whichischeapprices)。 Itwillbemybusinesstoshowthatthispropositionisaltogethererroneous。ThatcausewhichMrRicardoassumesasthegeneralcauseoftheriseofrentsisnotthegeneralcause,ifiteveroperate:andisnotthecauseoftherisewhichhastakenplaceinEnglandinmoderntimes。Iwillfirstprovethatthisisnotthecausewhichhasoperated,andthenIwillendeavourtoshowwhatisthecausewhichhas producedtheeffect。 This,then,isthepropositiontowhichIfirstinviteyourattention。TheriseofrentsinEnglandinrecenttimeshasnotresultedfromtheRicardiancause,theriseofpricesofproduceinconsequenceoftheincreaseddifficultyofproduction。Toprovethis,IshallprovethatwhenrentsrisefromtheRicardiancause,(theincreaseddifficultyofproduction),thewholerentmustnecessarilybecomealargerfractionoftheproduce。Thus,inthecasewhichwehavetaken,theproduceofanacreofthelandsA,B,C,isrespectively12,10,and8。And,ifwe supposethequantityofeachqualityoflandtobeequal,(asuppositionmademerelyatfirsttosimplifythereasoning,)when Cisnotcultivated,theproduceisas12+10=22,andtherentas2。Therentis1/11theproduce。 WhenCiscultivated,theproduceisas1+12?+10=37?andtherentisas5+2?=7?Therentis?theproduce。Thusinthiscasetherentincreasesfrom2to7?anditisatthelatterstage1/5oftheproduce,havingattheformerbeenIt isalargerportionofthewholeatthelastthanatthefirst。 Thenumbersinthiscaseresultfromthesuppositionthatthequantitiesofeachofthekindsofland,A,B,C,areequal。Butthegeneralresult,thattherentisagreaterportionoftheproduceatthelatterstagethanattheformer,doesnotdependonanysuppositionastoquantities。Itwillbethesame,whateverbethequantitiesofdifferentkindsofland。Foreachkindoflandwillhavetherentagreaterfractionatthelatterstagethanattheformer;andthereforeallthefractionsatthelatterstage,multipliedbytheirquantities,andaddedtogether,mustbegreaterthanattheformerstage。ButintheprogressofagricultureinEnglandduringthepresentcentury,itisallowed,byallwhohaveattendedtothe subject,thatthoughtheamountofrenthasincreased,therentisnowasmallerfractionofthegrossproducethanitwas formerly。Therentwasinformertimesonethirdofthegrossproduce。Itisnowonefourth,oronefifth。 Howisthistobeexplained?ThesameresultfollowsifwecompareEnglandandFrance;forFrance,inmattersofagriculture,mayberegardedasrepresentingEnglandatanearlierstage。ThusM。Lavergne,whohasstudiedthecausesofthesuperiorityofEnglandtoFrance,andpublishedhisresults (L’EconomieRuraledel’Angleterre,3rdEd。1858,p。98),statesthegrossproduceofahectareinFrancetobe100,andthe rent30;inEnglandthegrossproduceforthesamequantityoflandis250,andtherentis75。Therentintheformercaseis3/10,inthelatteritisstill3/10,thoughtheactualamountoftherentismorethandoubled。AgainIask,howisthistobeexplained?ItappearstomctobeoneofthemostimportantproblemsinPoliticalEconomy; bothastoitsbearingupontheDoctrineofRent,andastoitsbearinguponthenatureofagriculturalprogress。Howisittobesolved?Theonlysolutionmustbethis:thatthenatureofagriculturalprogressinthesecasesisnotthatwhichissupposedinthe theoryasstatedbyRicardo;namely,theincreaseddifficultyandexpenseofraisingproducefromland;or,asitisalsoexpressed,theextensionofcultivationtoinferiorsoils。Butifitisnotthat,whatisit?1reply,itistheuseofAuxiliaryCapital;thatis,capitalemployedinmachines,(ploughs,carts,&;c。)manure,draining,workingcattle,andallothercontrivancesbywhichtheagriculturallabourofmanisassisted。SuchcapitalisemployedtoaverylargeextentinEngland。Itappears(Jones,OnRent,p。223),fromvariousreturnsmadeat differenttimestotheBoardofAgriculture,thatthewholecapitalagriculturallyemployedistothatappliedtothesupportof labourers,as5to1:thatis,thereisfourtimesasmuchauxiliarycapitalusedasthereisofcapitalappliedtothemaintenance oflabouranddirectlyintillage。InFrance,theauxiliarycapitaluseddoesnotamount(asappearsfromCountChaptal’s statement)t。omorethantwicethatappliedtomaintainrusticlabour。InotherEuropeancountriesthequantityofauxiliary capitalisprobablymuchless。 Now,howwillthisauxiliarycapitalaffectthequestionofrent?Inthisway。Thecapitalthusemployedistoacurtainextent,fixedcapitalthatis,itlastsacertainnumberofyears,and requirestobereplacedonlyafterthattime。Thusacapitalof?owhichwearsoutin10yearsmaybereplacedbyareturnof?ayear。Orrather,acapitalof?0whichwearsoutin10yearsmaybereplacedwithprofitsbyareturnof?ayear。Now,whatwillbetheeffectofsuchacapitalonRents?Thiscapital(?0anacre)willnotbeemployed,unlessitwillproduceareturnof?anacre。Itmustthereforeincreasethe producetoatleastthatamount。 Suppose,asbefore,threequalitiesoflandABC ofwhichtheproduceis201510,respectively。 Thegrossproduceishere20+15+1045,andtherentis10+5=15,andas15isonethirdof45,therentisofthegrossproduce。 Letnowthecapital(say?0anacre)beapplied,andlettheproducenowbecomegreaterthanitwasforABC by876,AandBthusstillretainingtheirsuperiorityoverC:theproducenowisABC 282216。Thegrossproduceisnow28+22+16=66,andtherentis12+6=18,therentis18/66oftheproduce,whichisasmallerfractionthanbefore,thoughtherentitselfhasincreasedfrom15to18。Letusmakeasuppositionofa。stilllargerincreaseofproducebytheapplicationofcapital。Theproducewithoutthecapital beingasbefore,forABC 201510。 Lettheadditionresultingfromtheapplicationofcapitalbe161514: theproducewillnowbe363024。Thegrossproduceis90,therentis12+6=18,and18is1/5of90;sothatinthiscase,thoughtherentisincreasedfrom1to18,itis,asafractionoftheproduce,diminishedfromonethirdtoonefifth。WeheresupposethattheproduceofthelandC,whichwasxobeforetheapplicationofthecapital,is24withthecapital。Theamount10correspondstothewagesoflabour,and14isrequiredtoreplacethecapitalwithprofits。M。LavergnegivesthefollowingestimateofthedistributionoftheproduceforanEnglishandforaFrenchhectare,(Ec。 Rur。p。98): England:Rent75 Wages60 Farmer’sprofits10 Accessoryexpenses……50 Taxes25 250 France:Rent30 Wages50 Farmer’sprofits10 Accessoryexpenses8 Taxes5 100HeretheAccessoryExpensesarethereturnwhichisrequisitetoreplacetheAuxiliaryCapital。Aswesee,hemakesthemio timesasgreatinEnglandasinFrance。 WeseethatwhilethefarmerinEnglandpays75inwages,herequires90forhisprofits,andforkeepinguphisstock。Sincehisprofitsareestimatedat40,wemayestimatehiscapitalat400,whichismorethan4。timeswhathepaysinwages;asIhavesaidthatthosewhojudgefromfactshaveestimatedit。Butallthesenumbersarehypothetical,andintroducedmerelyforthesakeofillustratingbyexamplemyproposition。The propositionisthis:thatrentsmayincreasenotonlybytheextensionofcultivationtopoorersoils;butalsobythe improvementofmethodsofculture;andthattheincreaseofproduceandofrentsinEnglandhasarisenfromsuchimprovement,muchmorethanfromtheextensionofculturetoworsesoils。Further,thisimprovementofthemethodsofculturehasinvolvedtheapplicationofagreatamountofcapital,asauxiliarytothelabourofmanincultivation。Weknowsuchanapplicationofcapitaltohavetakenplace;andtheproofthatthisistherealcaseisfoundinthefact,thattherenthasbecomeasmallerportionofthegrossproduce。IhopeIhavenowgivenasolutionoftheProblem:Howithascometopass,thatwhilerentshaveincreasedinEngland,the renthasbecomeasmallerfractionoftheproduce。Itisdemonstrable,asyouhaveseen,thatthiscannotarisefromthecauseassertedbyMrRicardoandMrMcCullochtobethesoleanduniversalsourceofanincreaseofrents。Butitmaybeasked,howdidthepropositionwhichIamcombatingthattheincreaseofrentarisesuniversallyfromthe extensionofcultivationtoinferiorsoils,ortothesamesoilwithinferiorreturnsobtainsuchaholdonthemindsofeminentPoliticalEconomists?TothisIreply,thatthishappensbecausethispropositionwasaningeniousdeductionfromthedoctrineofrent。onacertain hypothesis;namelyonthehypothesisofaconstantlydecreasingreturntoagriculturallabour;andinconsequenceoftheingenuityofthededuction,thedoctrineandthehypothesiswereacceptedasprovingeachother。Thedoctrineofrent,thatrentistheexcessoftheproduceofgoodsoilsovertheworstsoils,orovertheworstremunerated capital,wasreceived,aswehaveseen,withgreatadmiration。Thehypothesis,thatsuccessiveequaldosesoflabourorof capitalproducediminishingresults,wasacceptedasmostsimple。Perhapsitwassuggestedbyavaguenotionoftheeffect oflabouremployedindiggingthesoil。Iftheproduceofagivenfieldbeincreasedbyoneman’sdiggingoverthesoil,itmay perhapsbefurtherincreasedbytwomenwhomaypulverizethesoilstillfurther:butitisnotlikelythatthesecondman’slabourwillproduceanadditionequaltothefirst。Butthereseemstobenoreasonwhatevertosupposethatthisistheruleofthegeneralease。Additionallabour,and additionalcapital,maybeemployeduponland,andtheresultmaybenoadditionalproduce。Butalsoadditionallabourand additionalcapital,inotherways,maybeemployedsoastogiveadditionalproducetoanextentofwhichwecannot prescribethelimitsbeforehand。Thegreatpointinsuchcasesistodiscoverhowthismaybedone。Theresultdependsupon agriculturalskillandinventiveness,andmaybegreatormaybesmall。Thoughthelawofdecreasingproductivenessto additionallabourandcapitalhadbeenlaiddownwithgreatconfidence,thereseemstobenogroundforassertingitasalaw oftheprogressofagriculture。Thegreatimprovementsinagriculture,improvedmachines,manures,drainage,donotappear tohavefollowedthislaw。Theimprovementsinagriculturehavenotconsistedintryingmoreandmoretosqueezefroma givenplotofgroundtheutmostcropthatitcanproduceofonekind,butinintroducingnewkindsoffoodforanimals,as turnipsintothesandysoilsofNorfolk,andartificialgrassesofallkinds,andinmakingonepartofthefarmplayintothe handsofanother,soastofeedanincreasednumberofcattle,andyettohaveanincreasedbreadthofcerealcrops。There havebeenimprovementstooinallagriculturalmachinery:newmanures:newandimprovedmodesofdraining:andmany otherimprovements。Inthesewaystheproduceofthelandhasbeenincreased,andadditionalcapitalhasbeenemployed uponit:butthereisnogroundwhateverforsayingthateachadditionalequaldoseofcapitalsoappliedhasproducedsmallerresults。Tomakeimprovementsinagriculturemustdepend,asIhavesaid,uponinventiveskillanditistheskillwhichhasbeen broughtoutinthispursuitinEnglandwhichhasbeenthecauseoftheagriculturalprogressofEngland;andthishasbeenthe rewardofthecare,study,andenterprizebestoweduponthesubject。Thatthis,andnotthedecreasingfertilityofsoils,isthe causeoftheincreaseofrentsinEngland,isshown,asIhavesaid,bythefactthattherentthoughgreaterabsolutely,isaless fractionofthewholeproduce。 Proportionofagriculturalandnon—agriculturalPopulation。Besidestheproportionwhichrentbearstoproduce,thereisanotherlargefactintheconditionofEngland,whichproves,in themostconclusivemanner,thatthecourseofeventsbywhichEnglandhascomeintoitspresentcondition,hasbeenan increaseintheproductivepowersofitsagriculture,suchashasplaceditinadvanceofothercountries:inadvanceofFrance,andofothercountriesprobablystillmore。Thisfactis,theproportionofthenon—agriculturaltotheagriculturalpopulation。InEnglandthenon—agriculturistsare doublethenumberoftheagriculturists。InEngland,cultivatorsofthesoilproducesustenancefor8besidesthemselves;thatis,for12personsaltogether。ButinFrancebeforetheRevolution,thecultivatorsweretothenon—cultivatorsas4to1:thatis,4cultivatorsproducedsustenancefor5persons。PerhapsnowinFrancethecultivatorsarctothewholepopulationas2to3。Hence4cultivatorsproducesustenancefor6persons。ThustheproductivepowersoftheagriculturalpopulationareinEnglanddoubleofwhattheyareinFrance。Whatisthemanneroftheincreaseofthenonagriculturalclasses?PlainlytheemploymentofAuxiliaryCapitalbringsmany ofthemintobeing。TheAuxiliaryCapitalisemployedinsupportingthosewhoarenotdirectlyengagedinagriculture,butin otherwaysauxiliarytoagriculture:forinstance,themachine—maker,whomakesploughsandcarts,andnow,thrashingand winnowingmachinesworkedbysteam—engines:thebrick—makerwhomakesdrainingtiles:thesailorwhobringsguano fromafar:andmanyothers。Itisreckoned,asIhavesaid,that(Jones,p。232)theagriculturists,inusingtheresultsofsuchauxiliaries,employ4timesasmuchcapitalastheyexpendinwages。Hence,ifwagesbeas10,thewholecapitalemployedmustbeas50;andifthefarmer’sprofitonhiscapitalbeiopercent。, whichisareasonablerate,thefarmer’sincomewillbe5;thatis,halfthewholeamountofthewageswhichhepaystohis labourers,MrJones,fromwhomImainlytakethesedetails,hastracedintootherresultstheeffectsoftheemploymentofauxiliarycapital。Onthispointofthegreatincomeofthecapitalistsemployedinagriculture,heobserves,(p。233):\"Whiletherevenueofthecapitalistsequalsonlyonetenththatofthelabourers,theyformnoprominentpartofthe community,andindeedmustusuallybepeasantsorlabourersthemselves。Butamassofprofitsequaltoorexceeding one—halfthewagesof[agricultural]labour(whichmassexistsinEngland)naturallyconvertstheclassreceivingitintoa numerousandvariedbody。Theirinfluenceinacommunityinwhichtheyarethedirectemployersofalmostallthelabourers, becomesveryconsiderable;andwhatisinsomerespectsofmoreimportance,sucharichandnumerousbodyof capitalists,as,descendingfromthehigherrankstheyapproachthebodyoflabourersbyvariousgradationstilltheyalmost minglewiththemformaspeciesofmoralconductorsbywhichthehabitsandfeelingsoftheupperandmiddlingclassesarecommunicateddownwards,andactmoreorlesspowerfullyuponthoseoftheverylowestranksofthecommunity。\"TheaboveviewsoftheeffectofAuxiliaryCapitalonRentareborrowedfromaveryableandoriginalworkonRent, publishedin1831,byMrRichardJones,whowassubsequentlyProfessorofPoliticalEconomy。atHaileyburyCollege。So farasIknow,hewasthefirstpersonwhosolvedtheproblemwhichwehavebeenconsidering;howRentsbecome absolutelylargerandyetasmallerpartoftheproduce。 DifferentkindsofRent。AllthathasbeensaidappliesonlytoFarmers’rents;thatis,rentspaidtoalandlordbyacapitalistwhoemployslabourers。 ThecapitalistemployshiscapitalforProfit;andtherateofprofitisdeterminedbycompetitionwithothercapitalists。Ifhecouldnotgetthisprofitbyfarming,hewouldremovehiscapitaltosomeotheremployment。Butthisfactthusassumedthatcapitalistscanremovetheircapitalfromfarming,andwilldoso,iffarmingdoesnotpayis notgenerallytrue;is,infact,trueonlyinEnglandandafewdistrictselsewhere。Norisittruethatthelandiscultivatedby capitalistsemployingotherstolabour,sellingtheirproduceandlivingupontheproceeds。Overthegreaterpartoftheearth’s surface,cultivationiscarriedonbypersonswhoraisetheirsubsistencefromthesoil,andpayaportiontotheownerofthesoil,inthiscasethepaymentstotheownerofthesoilrents,thatisaredeterminednotbycompetition,butbycustom。Andthus,infact,landhasbeenheld,andrenthasbeenpaid,onverydifferentprinciplesfromthatwhichwehavedescribed。 AccordingtothemodeofholdingthecultivatorshavebeenclassedasMé;tayers,Serfs,Ryots,Cottiers。 ThesearethuscharacterizedbyMrJones,whointroducedthisclassificationintoPoliticalEconomy。TheMé;tayerisapeasanttenant,extractinghisownwagesandsubsistencefromthesoil。Hepaysaproducerenttotheowneroftheland。Thelandlordsupplieshimwithstock。`ThismodeoftenureprevailslargelyinFranceandItaly,andwasthecommontenureamongtheGreeksandRomans:(Mé;tayers=Medietarii)。Serfrentsarelabourrents:thatis,theownerofthelandsetsasideaportionofthelandforcultivationbythepeasantand leaveshimtoextracthisownsubsistencefromit;andlieexactsasarentfortheland,thusgiventothecultivator,acertainquantityoflabourtobeemployedontheremainderoftheestate,forthebenefitofthelord。TheserentshaveprevailedonalargerscaleinEasternEuropeinRussia,Hungary,Poland,LivoniaandEsthonia,andinGermany。Thereare,orwerelately,remnantsofthemintheScottishhighlands,(Jones,p。45)。Ryotrentsareproducerentspaidbyalabourerraisinghisownwagesfromthesoil,tothesovereign,astheproprietorof thesoil,(Jones,p。109)。 TheyarepeculiartoAsia,India,Persia,Turkey;probablyexistinChina。Cottierrentsarerentscontractedtobepaidinmoneybypeasanttenants,extractingtheirownsubsistencefromthesoil。TheyexistinIreland。MrMill,whohasborrowedMrJones’sclassificationinthemain,putsRyotrentsandCottierrentsinthesamechapter:butthedifferencesbetweenthetwoareimportant,asweshallsee。MrMillhasanexcellentchapterinwhichheshowshowthedifferencebetweenFarmers’rentsandotherrentsdependsonthedifferencebetweenCompetitionandCustom,asthegeneralruleofeconomicalproceedings(Polit。Econ。p。282)。\"Undertheruleofindividualproperty,thedivisionoftheproduceistheresultoftwodeterminingagencies:Competition, andCustom。Itisimportanttoascertaintheamountofinfluencewhichbelongstoeachofthesecauses,andinwhatmannertheoperationofoneismodifiedbytheother。\"Politicaleconomistsgenerally,andEnglishpoliticaleconomistsaboveothers,areaccustomedtolayalmostexclusivestress uponthefirstoftheseagencies;toexaggeratetheeffectofcompetition,andtakeintolittleaccounttheother,and conflictingprinciple。Theyareapttoexpressthemselvesasiftheythoughtthatcompetitionactuallydoes,inallcases, whateveritcanbeshewntobethetendencyofcompetitiontodo。Thisispartlyintelligible,ifweconsiderthatonlythrough theprincipleofcompetitionhaspoliticaleconomyanypretensiontothecharacterofascience。Sofarasrents,profits, wages,prices,aredeterminedbycompetition,lawsmaybeassignedforthem。\" Andthisappliesespeciallytothetenureofland,(p。285):\"Therelations,moreespecially,betweenthelandownerandthecultivator,andthepaymentsmadebythelattertothe former,are,inallstatesofsocietybutthemostmodern,determinedbytheusageofthecountry。Neveruntillatetimeshave theconditionsoftheoccupancyoflandbeen(asageneralrule)anaffairofcompetition。Theoccupierforthetimehasvery commonlybeenconsideredtohavearighttoretainhisholding,whilehefulfilsthecustomaryrequirements;andhasthus become,inacertainsense,aco—proprietorofthesoil。Evenwheretheholderhasnotacquiredthisfixityoftenure,thetermsofoccupationhaveoftenbeenfixedandinvariable。\"InIndia,forexample,andotherAsiaticcommunitiessimilarlyconstituted,theryots,orpeasant—farmers,arenotregarded astenantsatwill,orevenastenantsbyvirtueofalease。Inmostvillagesthereareindeedsomeryotsonthisprecarious footing,consistingofthose,orthedescendantsofthose,whohavesettledintheplaceataknownandcomparativelyrecent period:butallwhoarelookeduponasdescendantsorrepresentativesoftheoriginalinhabitants,arethoughtentitledto retaintheirland,aslongastheypaythecustomaryrents。Whatthesecustomaryrentsare,oroughttobe,hasindeed,in mostcases,becomeamatterofobscurity;usurpation,tyranny,andforeignconquesthavingtoagreatdegreeobliteratedthe evidencesofthem。ButwhenanoldandpurelyHindooprincipalityfallsunderthedominionoftheBritishGovernment,or themanagementofitsofficers,andwhenthedetailsoftherevenuesystemcometobeinquiredinto,itisoftenfoundthat althoughthedemandsofthegreatlandholder,theState,havebeenswelledbyfiscalrapacityuntilalllimitispracticallylost sightof,ithasyetbeenthoughtnecessarytohaveadistinctnameandaseparatepretextforeachincreaseofexaction;so thatthedemandhassometimescometoconsistofthirtyorfortydifferentitems,inadditiontothenominalrent。This circuitousmodeofincreasingthepaymentsassuredlywouldnothavebeenresortedto,iftherehadbeenanacknowledged rightinthelandlordtoincreasetherent。Itsadoptionisaproofthattherewasonceaneffectivelimitation,arealcustomary rent;andthattheunderstoodrightoftheryottotheland,solongashepaidrentaccordingtocustom,wasatsometimeor othermorethannominal。TheBritishGovernmentofIndiaalwayssimplifiesthetenurebyconsolidatingthevarious assessmentsintoone,thusmakingtherentnominallyaswellasreallyanarbitrarything,oratleastamatterofspecific agreement:butitscrupulouslyrespectstherightoftheryottotheland,thoughitseldomleaveshimmuchmorethanabaresubsistence。\"InmodernEuropethecultivatorshavegraduallyemergedfromastateofpersonalslavery。Thebarbarianconquerorsofthe Westernempirefoundthattheeasiestmodeofmanagingtheirconquestswouldbetoleavethelandinthehandsinwhich theyfoundit,andtosavethemselvesalaboursouncongenialasthesuperintendenceoftroopsofslaves,byallowingthe slavestoretaininacertaindegreethecontroloftheirownactions,underanobligationtofurnishthelordwithprovisions andlabour。Acommonexpedientwastoassigntotheserf,forhisexclusiveuse,asmuchlandaswasthoughtsufficientfor hissupport,andtomakehimworkontheotherlandsofhislordwheneverrequired。Bydegreestheseindefiniteobligations weretransformedintoadefiniteone,ofsupplyingafixedquantityofprovisionsorafixedquantityoflabour:andasthe lords,intime,becameinclinedtoemploytheirincomeinthepurchaseofluxuriesratherthaninthemaintenanceofretainers, thepaymentsinkindwerecommutedforpaymentsinmoney。Eachconcession,atfirstvoluntary,andrevocableatpleasure, graduallyacquiredtheforceofcustom,andwasatlastrecognisedandenforcedbythetribunals。In。thismannertheserfs progressivelyroseintoafreetenantry,whoheldtheirlandinperpetuityonfixedconditions。Theconditionsweresometimes veryonerous,andthepeopleverymiserable。Buttheirobligationsweredeterminedbytheusageorlawofthecountry,andnotbycompetition。\"Wherethecultivatorshadneverbeen,strictlyspeaking,inpersonalbondage,oraftertheyhadceasedtobeso,the exigenciesofapoorandlittleadvancedsocietygaverisetoanotherarrangement,whichinsomepartsofEurope,even highlyimprovedparts,hasbeenfoundsufficientlyadvantageoustobecontinuedtothepresentday。Ispeakofthemé;tayer system。Underthis,thelandisdivided,insmallfarms,amongsinglefamilies,thelandlordgenerallysupplyingthestock whichtheagriculturalsystemofthecountryisconsideredtorequire,andreceiving,inlieuofrentandprofit,afixed proportionoftheproduce。Thisproportion,whichisgenerallypaidinkind,isusually,(asisimpliedinthewordsmé;tayer, mezzaiuolo,andmedietarius,)one—half。Thereareplaces,however,suchastherichvolcanicsoiloftheProvinceofNaples。 wherethelandlordtakestwo—thirds,andyetthecultivatorbymeansofanexcellentagriculturecontrivestolive。But whethertheproportionistwo—thirdsorone—half,itisafixedproportion;notvariablefromfarmtofarm,orfromtenantto tenant。Thecustomofthecountryistheuniversalrule;nobodythinksofraisingorloweringrents,oroflettinglandonother thanthecustomaryconditions。Competition,asaregulatorofrent,hasnoexistence。\"