^ 20a ) 



farms; confequently, fuch of my readers as 

 think I miftake in thefe fcales, Ihould not 

 found their ideas on any local circum- 

 flances, but confider the general ftate of 

 the cafe. In thefe calculations, the clay 

 foil appears mofi: profitable, and I have no 

 doubt of its really being io^ when managed 

 as well as the light one. 



The laft farm in profit, is the cold, wet 

 loam improved, which pays 13 per cent. 

 The inferiority of this to the reft, I appre- 

 hend, is owing much more to the fmall- 

 nefs of the tract of land, than to the 

 improvements then pradifed being unpro- 

 fitable. In numerous cafes, particularly 

 when farms are managed in the common 

 way, refpecling crops, fo much money 

 may be expended upon the land, that it 

 cannot poffibly repay. This is not the cafe 

 with the farm in queftion ; for 1 3 per cent. 

 is undoubtedly a large profit in itfelf, and 

 fmall only on comparifon with fome other 

 farms. The excefs of expence can there- 

 fore be thought only to reduce, but not 

 Annihilate the profit ; and the redudion. 

 might have no exiftence, if the proportion 

 of land to money was different ; for we 



have, 



