16 



corn ; and accordingly, the conversion of money into grain 

 rents, at the rate per quarter which grain was calculated 

 to bring when the existing leases were entered into, came 

 into operation in the more improved districts of Scotland. 

 Perhaps this may he more clearly explained hy giving an 

 example or two of the mode of converting a money-rent 

 into a grain-rent, payable by the fiars of the county each 

 year. 



A farm of 300 imperial acres, of good sound loam, 

 adapted for both wheat and turnip husbandry, was 

 taken in 1829 upon the principle, or at least in the belief 

 that corn would bring the price upon which the Corn 

 Law of 1828 was framed that is, 62s. for wheat, 33s. for 

 barley, and 25s. for oats; or 120s. for the triple quarter 

 for a period of 19 years ; the rent agreed upon being 600. 

 To convert this money into a grain-rent, the operation is, 

 to divide the rent (GOO) by the price of the triple quarter, 

 viz., 120s., or 6 the result is 100 triple quarters, or 100 

 quarters of wheat, 100 quarters of barley, and 100 quar- 

 ters of oats, payable in money at the fiars prices of the 

 county yearly. When the prices of grain fell, so that 

 wheat was 48s., barley 23s., and oats 15s. per quarter 

 each, the rent fell in proportion, thus 



100 quarters of Wheat at the fiars prices of 1842, say 48s. 240 



' 100 ,, Barley ,, ,, 23s. 115 



100 ,, Oats ,, ,, ,, las. 75 



Kent for 184 2, . . 430 



Again, suppose a farm of cold inferior soil in the north- 

 ern counties of England or Scotland, the staple produce 

 of which is barley, oats, grass, and turnips, under the 

 convertible husbandry, to be entered to on a lease for 19 

 years in 1829 or 1830, on the implied belief that barley 

 would fetch on an average during the lease 33s., and oats 

 25s., as assumed in the Corn Law of 1828, and the rent to 

 be 300 yearly the conversion would be as follows : 

 58s. being the prices of the double quarter of oats and barley, 



