ioo THE LANDED INTEREST. 



the power of raising money would not alone 

 have sufficed. It was necessary also to take 

 care that that money should be wisely expended, 

 and the astute heads which devised the Mont- 

 gomery Act enlisted the aid of the tenant- 

 farmers, by giving them the security of nineteen 

 years' leases, and thus obtaining their co-opera- 

 tion in the execution of the works, and in 

 the subsequent operations necessary to make 

 them remunerative. This co-operation between 

 landlord and tenant in Scotland had been in 

 full action for more than two generations before 

 the Drainage Loans introduced by Sir Robert 

 Peel in 1848, when both landlord and tenant in 

 Scotland at once eagerly availed themselves of 

 the very liberal terms on which these were 

 offered ; and that goes on to this day. The 

 facilities given by the Improvement of Land 

 Act, 1864, which enables limited landowners to 

 operate with their own means without the inter- 

 vention of the Improvement Companies, were at 

 once recognised in Scotland, which has availed 

 itself of them to an extent six times greater, 

 in proportion, than England. In Scotland, as 



