AGRICULTURAL ECONOMICS 



It is the usual thing for the incoming tenant 

 to pay the sum which is due the outgoing tenant 

 as remuneration for improvements; and in case 

 the new tenant remains but a short time on the 

 farm, so that at the expiration of his tenancy he 

 has not had time to realize in full upon such invest- 

 ments, he receives remuneration for such im- 

 provements just the same as if he had executed 

 them himself. 



These are the essential points of the Agricul- 

 tural Holdings Act of 1883 as modified by the 

 amending Act of 1900. The changes made by 

 the amending Act were matters of detail meant to 

 meet certain objections to the practical workings 

 of the original Act. This law, as it now stands, 

 seems to supply the regulations necessary to an 

 amicable adjustment of the relations between 

 landlord and tenant in England. 



Tenancy from year to year is the rule iri Eng- 

 land to-day, and no question is raised as to the 

 security of the landlord or of the tenant. Either 

 party may bring the tenancy to a close at the 

 expiration of any year, by giving proper notice. 

 Under the act, twelve months' notice is required, 

 but by special agreement between landlord and 

 tenant the time may be changed to six months. 1 



Written contracts are generally used, but the 



1 The Agricultural Holdings Act as now in force may be 

 found in convenient form in the Journal of the Royal Agricul- 

 tural Society of England, third series, Vol. XI, Part III, 1900. 



318 



