MALTHUS' THEORY 



21 



When the sudden competition of the virgin soils 

 of the New World caused a disastrous decline in 

 the prices of agricultural commodities our farmers, 



No. 5. Malthus' theory and France 



1834 



1849 — 1894 



Irurea^e of 



T'1% 



3lCTV/lS0Of 



JhpidafioTV 



1909 



While Ihe population of France increased between 1834 and 

 1909 by 20 per cent., the production of wheat increased by 

 74 per cent. There was a corresponding increase in every other 

 branch of food production. 



as a rule, decided that the day of high farming had 

 passed ; that the one hope of making the land pay 

 was to put the smallest possible amount of labour 



