History of Agricultural Rent in England 2 1 



perform. With the modern period also, 

 we find complaints beginning about the 

 insecurity of the tenants' capital and 

 the enhancements of rents when any 

 improvements are made. 



These and other facts indicate the abuses 

 connected with the extension of the money 

 power. But on the other hand, we have 

 also the beginnings of a change in the 

 nature of rent, that has had most important 

 consequences on the development of English 

 agriculture. 



Landlords began to find it remunerative 

 to sink capital in land in order to increase 

 the rent ; and accordingly, rent comes to 

 partake of the nature of profits, and no 

 longer to be derived either from the exac- 

 tions of monopoly, as in the typical manor, 

 or simply from the mere use of the natural 

 powers of the soil before improvements 

 are made. 



