( ^9^ ) 



the advantages a tenant reaps from enter- 

 ing a farm in fo perfed a ftate, outweighs, 

 and that infinitely, an high rent ; but in- 

 Head of 1363 /. 18 J-. 6d. we call the fum 

 1500 /. and fuppofe the farm all laid down 

 to grafs (in which cafe that fum wdll be 

 near the truth) there can then be no doubt 

 of 2 /. The account will ftand thus ; 

 1 15 Acres, at 2 /. - £, 230 o o 



Old rent, - £. ^j 10 o 

 Intercftof 15^0/. y^ 00 



132 10 o 



Annual profit, - - 97 ^Q.? 



Rent, at 2/. - - 230 o o 



Old rent, - - JUl?— 



Improvement, - 172 10 o 



Which is 1 1 /. 9 J. per cent, on capital. 



Without laying dov^n, and let at i /. 15 x. 

 the account will be as follows : 

 115 Acres, at I /. 15 X. - X^. 20i 5 o 

 Old rent, - £- 57 ^^ ^ 

 Intereft of 1500 /. 75 00 



132 10 o 



Annual profit, - - £-68 15 o 



Rent, at i /. 15 J. - - 201 5 o 

 Old rent, - - 5 7 1° Q 



Improvement, - - £> i43 ^5 ' 



Which is 9/. 10 J. per cent, on capital. 



Let 



