27 



The actual situations, then, of the holders 

 of land in 1814, under the presumption that the 

 price of wheat was to be maintained at 80$. 

 compared with their situation at this time under 

 an admission that 54*. ought to be now deemed 

 the permanent price, and that rent ought to be 

 set in conformity to that price, may appear by 

 the following summaries : 



THE OCCUPIERS OP THE LOWER CLASS. 



1814. 



Interest or Gross 



Rent. Tithes. Rates. Labour. Seeds, &c. Income. Returns. 



. s. d. . s. d. . f . d. . s. d. . *. d. . s. d. . s . d. 

 100 00- 28 00- 25 00- 90 00- 82 00- 75 00- 400 



1821. 



67 10 - 18 18 - 18 15 - 67 10 - 53 5 - 44 2 - 270 



THE OCCUPIERS OF THE HIGHER CLASS. 



1814. 



. s. d. . s. d. . s. d. . f . d. . s. d. . *. d. . ,. d. 



400 - 112 0-100 - 360 - 328 0-300 - 1600 



1821. 



270 - 75 12 0- 75 - 270 - 219 12 6- 169 15 6 - 1080 



In the former instance we observe the in- 

 come is reduced from 75/. to 44/. 2*., a reduc- 

 tion which may at first sight appear excessive ; 

 but it is not to be forgotten, that whilst this 

 great change has been proceeding in the amount 

 of income derived from the produce of the land, 

 the capital employed has sunk in value also. 

 The depreciation will probably be found to be 

 not less than 40 per cent. ; and that an invest- 



