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But though fo large an advance of rent is one, it 

 is not the only reafon of the little farmer's difficul- 

 ties. It is generally allowed, that to do well, a 

 farmer's capital muft at lead be equal to three times 

 his rent; but I am well fatisfied, if it were equal to 

 five rents, it would be vaftly better both for himfelf 

 and his landlord. What a miferable chance then 

 muft both run, when the farmer is fcarcely pofiefied 

 of (lock equal to a fingle year's rent, which I am 

 afraid is too frequently the cafe. The true judg- 

 ment of the landlord confifts then in letting his 

 farms to tenants, whofe capitals are fully adequate 

 to the rent they are to pay, and at fuch rents as 

 with good management they may be able to pay. 

 Such rents wpuld be real, and might be depended 

 upons but farms let at rents racked up to the 

 higheft pitch that tenants with little or no capital 

 will confent to give, are properly not real, but no- 

 minal rents, and fuch too commonly end in the 

 ruin of both the farmer and his farm. The fure 

 way, therefore, for a land-owner to have the rent 

 of his corn-farms paid as punctually as his dairy- 

 farms are faid to be, is to take care that his tenant's 

 capital be fully adequate, and his rent proportioned 

 as favourably to its improved produce, as the. dairy- 

 farmer's is to the natural produce of his, 



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