37 



satisfied himself that his property, i.e. his lands, his 

 minerals, his timber, &c., are good, and that they can 

 be worked at a large profit, he will certainly not allow 

 his immense wealth to lie long dormant ; but will 

 proceed at once to take measures to develop it. 

 This he may of course do in many ways. The 

 usual method adopted is for a proprietor to let out 

 his waste land on such advantageous terms for a 

 limited period, as will induce his surplus tenantry to 

 bring it under cultivation ; or, should population be 

 scant, to effect that object by the introduction of 

 foreign labour. This Jones will probably do. With 

 regard to other sources of wealth, the return being 

 usually so valuable, he will very likely work them 

 himself or should his tenants be so enlightened, 

 active, enterprizing, and wealthy, as to be qualified 

 for undertaking such operations, he might find it 

 advantageous to effect an arrangement with them, 

 by which the undertakings would be worked, some- 

 thing on the metayer principle, i.e. the tenants 

 finding the capital and labour, and the proprietor 

 receiving a royalty of one half of the profits. This 

 plan would equally well effect the desired end the 

 lower strata of the people being enriched by the 

 working expenses, the higher by one half of the 

 profits, and the lord of the soil by the other. 



But it remains to be considered what course 

 Jones would pursue if his tenants were all very 

 simple people, and possessed of neither enterprize nor 

 wealth sufficient to render them an efficient means 



