29 



APPENDIX. 



DEFINITION OF A FAIR RENT. 



A pair rent is that deduced as legitimate in. tlie Wilton House Home Farm 

 account, and is shown (as below) by taking the cost of detailed items in 

 expenditure from the total cost of production as per Folio 9 " C," leaving 

 the remainder for rent (which is £1 10s. 3d.) per acre, as extra parochial 

 and tithe free. 



As regards cereals — £ s d 



Total cost of production per acre .. . ... ... ... 6 1 4f 



Cost of detailed items, as per Folio 9 " C " ... ... 4 11 1J 



Leaving for rent ... 



As regards meat products — 



Total cost of production per acre ... 



Cost of detailed items, as per Folio 10 " C " 



Leaving for rent ... 



Or, in other words, a fair rent is the balance remaining between products 

 and the necessary cost of production, as evidenced in statements. (Vide 

 Folios 9 and 10 " C-") 



A PRODUCE RENT. 



A Criterion for a Produce Rent Deduced from the Wilton 



House Home Farm Account. 



A produce rent at market prices for a district or average of the kingdom is 

 considered to be what a " Landed Capitalist " is entitled to, and such as an 

 occupying tenant possessing ample capital and skill should not object to ; 

 under a judicial contract between landlord and tenant (under the circum- 

 stances of the abrogation of the Corn Laws, which changed the relative 

 position of landlord and tenant). 



The following diagrams are identical in result with those given in the 

 test of the eight-acre farm, and shown on Folios 17 and 18 "G." Based in 

 principle on the results of Wilton House Home Farm. 



The produce scheme which governed the rental of the farm in question 

 for twenty-three years, as demonstrated in " A," Folio 35, including a manure 

 clause, introduced with a view to elicit increased production — the necessary 

 increase on wheat, for instance, being eight bushels per acre, and other crops 

 in the like ratio. Moreover, it evidences that such a scheme is essential in 

 England, Scotland, and Wales, to avoid the present consequences in Ireland, 

 and also to show that landed capitalists and competent tenant occupiers are 

 better fitted for the agricultural race we are running than by returning to the 

 out-grown yeoman class which abandoned freeholds yielding three per cent, 

 interest on their capital and adopting the improved Norfolk principle of 

 tenancy, shown to be profitable, as exemplified in the Wilton House Home 

 Farm. 



