8o Rents^ Wages, and Profits in Agriailture 



sum which in past days was considered 

 an ordinary or average profit. This is, of 

 course, a very rough and very general 

 estimate. 



Arable land has suffered most ; there 

 are, of course, variations from district to 

 district, and still more from individual to 

 individual. Some farmers have prospered, 

 and we are told that in some parts of the 

 country there is competition for farms of 

 good quality and favourably situated. 

 Farmers are more ready to pay high rents 

 for good, than low rents for bad farms, 

 and it is said that the continuance of this 

 competition seems to show that this is no 

 miscalculation. We are forcibly reminded 

 of Arthur Young's saying that there is 

 a proverb amongst farmers that a man 

 cannot pay too much for good land, or 

 too little for bad. 



In the process of adjustment to the fall 



