On the Valuation of Unexhausted Manures. 
37 
Thus then, in the case supposed, the outgoing tenant would 
be awarded almost identical amounts of compensation for the 
unexhausted residue of his purchased linseed-cake, whether it 
were estimated according to my more elaborate mode of valuation 
founded on manure-value, or whether according to the Lincoln- 
shire custom, founded on original value or cost ; and the agree- 
ment would be closer still if, in the latter calculation, the present 
cxceptionallv high price of linseed-cake had not been adopted. 
As alreadv pointed out, however, although in the case of Hnseed- 
< ake, the food and manure-value of which are comparatively well 
understood, these two methods do give closely approximating 
iresults, yet, as has been shown, they lead to totally different esti- 
imates with other foods of different composition, and which have 
ibeen less generally used. 
Compared with either of the two methods just referred to, the 
valuation founded on the amount of dung made from the straw 
of the preceding harvest, the amount of purchased food consumed, 
and the quantity of straw of the succeeding harvest, is seen to 
give a very much higher rate of compensation. It is to be 
pbserved, however, that whilst in the case of method 1, or 
method 2, being adopted, further allowances would frequently 
be made for straw and dung, in the case of method 3 the allow- 
ance for these is already included. 
With the foregoing consideration of the principle and results 
of the different methods, and with the example given of the 
application of each, put forward merelv for the sake of illustra- 
tion and comparison, I leave the further discussion of this com- 
plicated and difhcult subject to those whom it may most concern, 
feeling assured that I may safely do so at a time when the 
important questions involved are exciting so much general 
interest. 
It may be said that the adoption of the plan of valuation I 
have proposed, founded on the amount and value of certain pro- 
ducts of the farm, would necessitate an entire re-arrangement of 
Icovenants and customs. This may be true ; but I would suggest 
Iv.hether the changes required under such circumstances would be 
greater than would be forced upon the landlord, if compulsory 
compensation on any other basis became the law of the land ? 
I The main conclusions arrived at may be summarised as 
[follows : — 
I 1. In the existing state of our knowledge, no simple rules, 
applicable to various soils and subsoils, climates, seasons, crops, 
and manures, can be laid down for the valuation of the unex- 
hausted residue of previously applied manures which have already 
yielded a crop. 
