36 Rents^ Wages, and Profits in Agriculture 



ten years — 1846 (repeal of the Corn Laws) to 

 1855 — it rose about ;{^2,ooo, to ^26,000 {i.e., 

 gross). From 1855 to 1875 the average 

 annual gross rent rose to ;{i"35,ooo ; but 

 from 1876 to 1895 the average annual gross 

 rental received fell to ^27,000. 



But the mere gross rental is of course 

 quite misleading ; though with improving 

 agriculture and stable prices it no doubt 

 implies a corresponding rise in the net 

 income. For the first twenty years — 1816 

 to 1835 — the net income was ;f 9,000 ; and 

 in the next twenty years — 1836 to 1855 — 

 it rose to ^11,000 per annum. 



But taking 1856 to 1875 (the next twenty 

 years), the net income had fallen to ;£*8,ooo, 

 and this in spite of the high rents 

 obtained from 1869 to 1874, ^^^^ average 

 net income being about ^14,000 per 

 annum for these years. 



From 1876 to 1895 ^^^^ average net 



