58 LEASEHOLD TENURE 



property. The difficulty of tenure is not over- 

 come, and, although compensation is better 

 obtainable in the event of leaving a holding, 

 " continuous good husbandry " — a very real 

 value, but impossible of assessment — is in no 

 way indemnified. It is therefore improbable 

 that the holdings under this Act will ever 

 reach that high state of productivity so re- 

 markable under freehold tenure, and which is 

 so essential to a successful agricultural com- 

 munity. 



The organization of small-holders has been 

 undertaken by the Agricultural Organization 

 Society with the aid of State grants authorized 

 by the Act. This society has been in exist- 

 ence for a considerable time, and nothing but 

 praise can be given to the efforts that have 

 been made to introduce into this country the 

 various systems of co-operation so effective in 

 other countries. But it is advisable to analyze 

 results.* There are at present some 292,720 

 small-holders in England and Wales, all of 

 whom are in need of organization to attain any 

 real economic success. At the end of 1912 

 the number of members of societies affiliated 

 * Reports of Small Holdings, 1912. Cd. 6770. 



