32 



A Produce Rent, nevertheless, may be made applicable to the products of 

 an estate, district, or kingdom, in accordance with its productions, provided 

 the returns of market prices are secured by Parliamentary authority and 

 sufficient detail. 



p.S. — Since the foregoing Schedules of Prices were obtained, the Royal 

 Agricultural Society's Journal has published the prices for 1886, which give 

 the following results when compared with the cost of their production, as 

 deduced in the Eight- Acre Test Farm : — 



As regards cereals, the market price is not yet reduced to the average cost 

 of production. And as regards the meat products, the declared market prices 

 stand as shown in comparison with the cost of their production deduced in 

 Professor Elliot's work, as well as in the test of the Eight-Acre Farm — both 

 being a loss. 



