50 Refits, Wages, and Profits in Agriculture 



Arthur Young at the end of the eighteenth 

 century. 



The stock which was let with the land 

 was carefully recorded on the lease, and 

 the tenants rendered an annual audit, and 

 had to exhibit their stock to the landlord's 

 steward. To begin with, the landowner 

 generally let with the land not only the 

 necessary live and dead stock required on 

 the farm, but a certain amount of seed- 

 corn, and sometimes food, etc., for wages. 

 All this the tenant covenants to restore at 

 the end of the lease, in good condition, 

 reasonable depreciation excepted, at a fixed 

 price for every quarter of corn, head of 

 cattle, sheep, poultry, and the assessed 

 value of the dead stock let with the farm. 

 At the time, this form of lease was a 

 necessity to both landlord and tenant, and 

 an advantage to both. The tenant, out of 

 the profit obtained, was gradually able to 



