LETTERS ON THE SUBJECT. 59 



Francs. £ 



1. Various manures . . . 1000 = 40 



2. Labour (approximately) . 1000 = 40 



3. Government Tax, two centimes 



the plant, about 40,000 



plants per hectare . . 800 = 32 



4. Kent, taxes and rates, etc. . 300 = 12 



Fr. 3100 = £124 



I was forgetting to tell yoa that the fiscal 

 duty of two centimes per plant is not levied on 

 useless plants. 



An ordinary year readily yields a produce of 

 3000 kilogrammes (1 kilo =2 lbs. 3;^ oz.) of 

 tobacco to the hectare (1 hectare = 2a. 1r. 35p.), 

 of which 70 per cent, is of first quality, and 30 

 per cent, of second and third quality ; these 

 inferior qualities sell at 20 per cent, less ; 

 the first quality is selling, at present, at 1 franc 

 50 centimes the kilogramme, or for 2000 

 kilos ...... 3150 francs. 



2nd and 3rd qualities, selling at 

 Ifr., 900 kilos. . . . 1080 „ 



4230 

 The expenses being . . . 3100 



The net profit is (£45 4s. 2^.) . 1130 „ 



It is, therefore, a net profit of 1130 francs per 

 hectare, and which I have not exaggerated ; not 



