[ 99 ] 



this circumftance is of great importance, 

 for the fmaller the fum of money with 

 which a farm can be advantageoufly hired, 

 the more people will it fuit; and confe- 

 quently the greater will be the demand for 



it.^ All thefe points, which fo feldom 



unite, confidered, I have not the lead 

 doubt, but fuch grafs farms as I have de- 

 fcribed, would let with the utmoft readi- 

 nefs for 25 j. per acre. Nor can I con- 

 ceive the leaft difficulty, from the obferva- 

 tions which I have made in many parts, in 

 letting any quantity of land fo improved 

 for that rent J 20 j-. an acre is a common 

 price in every county in England for grafs 

 farms, without one tenth of the advantages 

 here executed. 



25 J. -per acre is the laft article in the 

 above fcale of increafe : the clear pro5t, 

 old rent, and intereft of money paid, is 

 337/. a year. His money pays him there- 

 fore 19/. 6j-. per cent, confequently hi^ 

 own clear profit is 15/. ts. per cent, 



337/. on 500 acres of land is 131. \d> 

 per acre per annum profit. 



From thefe circumilances, the vafl: im- 

 portance of expending money in this man- 

 ner, is fufficicntly evident. To gain in one 

 H 2 year 



