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title, such property in the soil, as by enabling 1 you 

 to raise money, will place you in a position so to 

 improve JOUY land, that in a few years to come, 

 instead of returning- you as at present 10 per cent, 

 on your outlay or purchase money, it will yield 

 you 30 or 40 per cent., provided that when that day 

 comes, instead of giving- us, as now, 5 per cent., or 

 half your profits, you will give us 10 per cent, or 

 one-third or one-fourth of your profits, in whatever 

 form may be most convenient or most agreeable to 

 yourselves." Were the Government to say this, the 

 arrang-ement would be a very desirable one for all 

 parties. But such was not the shape of the measure 

 of 1793, and, consequently, the most serious com- 

 plications have arisen complications so intricate 

 that no one can understand them, and to which I 

 shall presently allude ; and, notwithstanding- the 

 full flood of lig'ht, seventy years' experience has 

 shed on the subject, such is not the shape of the 

 measure of 1862. 



We have shown, then, that the accumulation of 

 wealth arising- from the increased area broug-ht under 

 cultivation in Beng-al since the year 1793, has 

 centered in the Zemindars, or landholders, who, it 

 may be as well to reiterate, were originally mere 

 collectors of revenue, and were never proprietors of 

 the soil; and it remains to be inquired what have 

 they done with it ? It is admitted that they have 

 increased their own wealth, and added to the value 

 of their personal estates by the reclamation of 



