40 



The items of the expense of production in this 

 example, practical strong land farmers will per- 

 ceive, are less than they have heretofore been. I 

 have reduced them to the extent that, I conceive, 

 they might be, if wheat were to fall to 40<y. a 

 quarter, and then, even on second rate strong 

 land, there remains no surplus for rent, after the 

 ordinary expenses of production, and the occu- 

 pier's profit are paid. It is needless, therefore, 

 to multiply examples to show, that, if such be the 

 case upon strong land, of second rate quality, what 

 would be the effect on poor land, and especially 

 on poor strong land ; in the latter case, there would 

 be not only no rent to the landlord, but, also, no 

 .profit to the tenant. But if the protection which 

 the present Corn Laws afford be not weakened, 

 and the future average price of wheat be,. 54$. a 

 quarter, and other grain in proportion, TnsleacT of 

 the second rate quality of strong arable land yield- 

 ing no rent, it would then yield a moderate rent 

 about 18$. an acre ; as we may see, by raising the 

 prices of the produce to the probable average prices. 



. s. d. 



Fallow 



Wheat after fallow, 28 bushels an acre, at 54s. a qr. 9 9 



Oats 30 ditto, at 25s. . . 500 



Seeds uncertain 3 10 



Second year's seeds ditto 1 15 



Wheat after seeds, 20 bushels an acre, at 54s. a qr. 6 1.0 



Beans 25 ditto, at 36s. . . 512 6 



31 10 6 



