332 Competent Leases should be granted. 



vated, and are likely so to continue while these 

 terms are required. 



,w; --Sfnr^trlo *:>*.?/> 

 In all cases where the capital of the tenant 

 must be expended on the property of the land- 

 lord, for the purpose of rendering the tene- 

 ment worth the rent demanded, a term of 

 years, secured by lease, should be granted, that 

 may at least indemnify the occupier for the 

 outlay of his money, and the value of his time 

 and labor. These are capable of being pre- 

 cisely ascertained, on which such a term should 

 be granted, on such rent or rents as will fairly 

 renumerate him for both; with optional ter- 

 minations, either by landlord or tenant, at the 

 expiration of any specified number of years, on 

 paying to the tenant, if he be compelled to 

 quit, so much money as, by good vouchers and 

 correct accounts, the tenement may fairly be 

 esteemed to be in his debt. 



As the interests of the landlord and of the 

 tenant, with those whose conduct is governed 

 by rectitude and fair dealing, are the same ; no 

 possible injury could arise by the adoption of 

 this system, which would at once induce per- 

 sons of respectability and capital to become 

 the tenants and improvers of estates of this 



