51 OCTOBER. 



portion of the crop-may come in before the whole 

 payment is made. A man cannot be at his ease if 

 he does not thus provide ; nor will he be able to 

 make that profit by his business with a small capi- 

 tal, which will attend the employment of a larger. 

 By profit^ I would be understood to mean a per 

 centage on his capital, which is the only satisfactory 

 way of estimating it. If, by stocking a farm with 

 5l. per acre, he makes 7 or 8 per cent, profit; and, 

 by stocking in the proportion of 8l. per acre, he 

 makes 1O per cent, (and this difference will, I be- 

 lieve, often be found), it must be sufficiently ap- 

 parent, that the loss by the smaller stock is a seri- 

 ous evil. It will depend much on situation and 

 local circumstances: the benefit of procuring ma- 

 nures, or litter to make dung, may, in some places, 

 be very great, in others much less; but not to be 

 able to profit by every favourable opportunity that 

 may attend the spot on which a farmer is fixed, 

 must be highly disadvantageous. To irrigate land 

 is an expensive operation ; but to omit or postpone 

 it, for want of money for the undertaking, is to 

 lose perhaps, the capital advantage of a farm. 

 Cases of this sort might be greatly multiplied ; 

 end there is not one that does not call on the farr 

 mer for an ample capital. 



Of all farms, a warren is hired with the smallest 

 capital ; but there are marshes in Lincolnshire 

 stocked at the rate of above 30l. per acre. 



The annual expence of many hop-grounds 

 amounts to 301. and the capital to above (Jol. 



If 



