PREFACE 



When a man writes a preface to another's 

 book, he does not necessarily agree with all 

 that the author says. But he may be assumed 

 to accept the main argument of the work, and 

 to see some special merits in its presentation. 

 The main argument of INlr. ToUemache's book 

 is the superiority of occupying ownership over 

 occupying tenancy as the system to be gener- 

 ally, but not universally, adopted for small 

 holdings ; its special merits are his first-hand 

 knowledge of the conditions luider which 

 occupying owners have succeeded in this 

 country, and his practical experience in con- 

 nection with the Fairby Village Farm, where a 

 variety of agencies were established to increase 

 the occupiers' prospects of success. 



Former generations put their money into 

 land under the traditional belief that its im- 

 mobility and the low rate of interest which it 



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