Next, he mould aim at the fame fized 

 farm, the foil clay or loam, half arable 

 land and half grafs. 



And, laftly, he mould hire one all arable, 

 the foil clay or loam. 



Nor fhould the reader be furprifed at 

 three out of four of thefe farms proving 

 unprofitable: I am confident more than 

 that proportion, of fuch real farms, are a 

 lofs to their occupiers. But the error, in 

 the common notions of this cafe, refults 

 from not bringing the value of the farmer's 

 own labour, and the interefl of his money, 

 to account. Suppofe a man earns 25 /. a 

 year in day-labour, out of which he faves 

 100 /. to hire a little farm : This 100 /. 

 brings him in 5 /. a year : So that his con- 

 dition, at the time of hiring his farm, is a 

 maintenance, and a capability of laying up 

 a fmall fum annually out of it, and 5 /. a 

 year intereft. If no notice is taken 'of his 

 favings, fure the farm ought more than to 

 maintain him, and pay the intereft of his 

 money ; if it does not, he is worfe oft than 

 before, as his 5 /. was then a certainty, 

 and now a contingency. And this account 

 will always prove the pernicious effects of 



their 



