首页 >出版文学> SIX LECTURES ON POLITICAL ECONOMY>第3章
  TransitionfromRyotRents。AnotherkindofpeasantrentprevailsinAsia,andespeciallyinIndia,called,asIhavesaid,Ryotrents;Ryotbeingthenameforthecultivator。Theserentsareaproducerent,paidtothesovereignasproprietorofthesoil。MrJonessays(p。138):"Thereisnothingmischievousindirecteffectofryotrents。Theyareusuallymoderate;andwhenrestrictedtoatenth,or
  evenasixth,fifth,orfourthoftheproduce,ifcollectedpeacefullyandfairly,theybecomeaspeciesofland—tax,andleave
  thetenantabeneficialhereditaryestate。Itisfromtheirindirecteffectstherefore,andfromtheformofgovernmentinwhich
  theyoriginate,andwhichtheyservetoperpetuate,thattheyarefullofevil,andarefoundinpracticemorehopelesslydestructiveofthepropertyandprogressofthepeoplethananyformoftherelationoflandlordandtenantknowntous。"Theproprietaryrightsofthesovereign,andhislargeandpracticallyindefiniteinterestintheproduce,preventtheformation
  ofanyreallyindependentbodyontimeland。Bythedistributionoftherents,whichhisterritoryproduces,themonarch
  maintainsthemostinfluentialportionoftheremainingpopulationinthecharacterofcivilormilitaryofficers。Thereremain
  onlytheinhabitantsofthetownstointerposeachecktohispower;butthemajorityofthesearefedbytheexpenditureof
  thesovereignorhisservants。Weshallhaveafitteropportunitytopointouthowcompletelytheprosperityorratherthe
  existenceofthetownsofAsia,proceedsfromthelocalexpenditureofthegovernment。`Asthecitizensarethusdestitute
  fromtheirpositionofrealstrength,sotheAsiaticsovereigns,havingnobodyofpowerfulprivilegedlandedproprietorsto
  contendwith,havenothadthemotiveswhichtheEuropeanmonarchshad:tonurseandfoster。thetownsintoenginesof
  political,influence,andthecitizensareproverbiallythemosthelplessandprostrateoftheslavesofAsia。Thereexists,
  therefore,nothinginthesocietybeneathhimwhichcanmodifythepowerofasovereignwhoisthesupremeproprietorofa
  territorycultivatedbyapopulationofryotpeasants。Allthatthereisofrealstrengthinsuchapopulation,lookstohimas
  thesolesource,notmerelyofprotection,butofsubsistence;heisbyhispositionandnecessarilyadespot。Buttheresultsof
  Asiaticdespotismhaveeverbeenthesame:whileitisstrongitisdelegated,anditspowerabusedbyitsagents;whenfeeble
  anddeclining,thatpowerisviolentlysharedbyitsinferiors,anditsstolenauthorityyetmoreabused。Initsstrengthandin
  itsweaknessitisalikedestructiveoftheindustryandwealthofitssubjects,andalltheartsofpeace;anditisthiswhichmakesthatpeculiarsystemofrentsparticularlyobjectionableandcalamitoustothecountriesinwhich,itprevails。"Theland—taxinthissystemisinpracticearbitrary,andthenceoppressive。MrMillrelates(。379)howtheEnglishrulers
  whentheysucceededtothepowersoftheprevioussovereignsattemptedtoremedythisoppression。Theywishedtofounda
  classofgreatlandlords,thatIndiamightprosperasEnglandhasprosperedunderherlandlords。Forthispurposethey
  pitcheduponasetoftax—gathererscalledZemindars。Butthisplanseemstohavefailed。Itseemsnow,saysMrJones(p。1
  18),tobegenerallyadmittedthattheclaimsoftheZemindarswereoverrated,andthatifsomethinglesshadbeendonefor
  themandsomethingmoreforthesecurityandindependenceoftheRyots,thesettlement,withoutbeinglessjustorgenerous,wouldhavebeenmoreexpedient。ButthesystemofcultivationinIndiaseemsonthepointofundergoingagreatchangefromcausesextraneoustotheryot
  system。TheGovernor—Generalhasinstituted,itisrecentlystated,systemofgrantsoftheunoccupiedland,ontermswhich
  makethegranteesindependentcultivators。Theunoccupiedlandiswideandfertile,andthusaraceofcultivatorsmayarise
  whoseconditionwillbefreefromtheevilsoftheryottenure。ThishoweverbelongstothePoliticalEconomyoftheFuture。
  TransitionfromCottierRents。
  Inowtakeanothercase。IrelandiscultivatedinagreatmeasurebyCottiers。MrMillhasputtheseinthesamechapterastheryotsofIndia。AtthisI
  marvelmuch;forhehashimselfpointedoutthebroaddifferenceswhichexistbetweenthetwosystems。Hetrulystatesthat
  inIndiathepaymentshavebeenregulatedbycustom;inIrelandbycompetition;avastdifference,ofwhichhehimselfhas
  forciblypointedouttheimportance。AddtothisthatinIndiatheownerofthelandisthesovereign;inIrelandaprivate
  person。Andwemayaddfurtherwhatisalsoaveryimportantfeaturethattherentiscontractedtobepaidinmoney,notin
  produce;andthereforedoesnotvarywiththeamountofthecrops。Andthislastcircumstanceespeciallyhasgreatimportanceintheprogressofthecountryinwhichthesesystemsarefound。Ryotrentshavenotendencytochange;theyhaveexistedinIndiafromthetimeoftheGreeks:probablymuchlonger。TheCottiers’rentsofIrelandofferremarkablefacilitiesforchange;MrJonessays(p。152):"Theprincipaladvantagethecottierderivesfromhisformoftenureisthegreatfacilitywithwhich,whencircumstancesare
  favourabletohim,hechangesaltogetherhisconditioninsociety。Inserf,mé;tayer,orryotcountriesextensivechangesmust
  takeplaceinthewholeframeworkofsocietybeforethepeasantsbecomecapitalistsandindependentfarmers。Theserfhas
  manystagestogothroughbeforehearrivesatthispoint,andwehaveseenhowharditistoadvanceonestep。Themé;tayer
  toomustbecometheownerofthestockonhisfarm,andbeabletoundertaketopayamoney—rent。Bothchangestakeplace
  slowlyandwithdifficulty,especiallythelast,thesubstitutionofmoney—rents,whichsupposesaconsiderableprevious
  improvementintheinternalcommerceofthenation,andisordinarilytheresult,notthecommencementofimprovementin
  theconditionofthecultivators。Butthecottierisalreadytheownerofhisownstock;heexistsinasocietyinwhichthe
  powerofpayingmoney—rentsisalreadyestablished。Ifhethrivesinhisoccupation,thereisnothingtopreventhisenlarging
  hisholding,increasinghisstock,andbecomingacapitalist,andafarmerinthepropersenseoftheword。Itispleasingto
  heartheresidentIrishlandlords,whohavetakensomepainsandmadesomesacrificestoimprovethecharacterand
  conditionoftheirtenantry,bearingtheirtestimonytothisfact,andstatingtherapiditywithwhichsomeofthecottiershave,
  undertheirauspices,acquiredstockandbecomesmallfarmers。MostofthecountriesoccupiedbyMé;tayers,Serfs,and
  Ryots,willprobablycontainasimilarraceoftenantryforsomeages。Iftheeventsofthelasthalfcenturyarefavourableto
  Ireland,herCottiersarelikelytodisappear,andtobemergedintoaverydifferentraceofcultivators。Thisfacilityforgliding
  outoftheiractualconditiontoahigherandabetter,isanadvantage,andaverygreatadvantage,ofthecottierovertheothersystemsofpeasantrents,andatonesforsomeofitsgloomierfeatures。"Thisauspiciousanticipation。hasbeenwonderfullyverifiedsinceMrJoneswrote。Circumstancesintherecenthistoryof
  Ireland,mostdisastrousintheirfirstaspect,havedonemuchtobreakupthesystemofcottiertenureandtointroducea
  betterkindofcultivation。TheFamineandtheExodus,thePoorLawandtheEncumberedEstateAct,haveproduceda
  wonderfulchangeintheconditionofIreland。IwillreadfromavaluablearticleintheEdinburghReview,for1857,anaccountofthemannerinwhichthecottiersystemwasaffectedbytheseevents。ThePoorLawhadbeenintroducedintoIrelandin1840:buthadnotbeenbroughtfacetofacewiththeneedsofthepeopletillthefaminein1847。Inthatyearitwasmodifiedsoastoshakethecottiersystem。Ed。Rev。p。110:"ThePoorLawof1847providedfortheproblemofemancipatingthesoilfromthecottiersystem。The
  Actsof1838and1844hadprobablyhadthisobjectinview;fortheyhadchargedtheIrishlandlordswiththeentire
  poor—rateinrespectofthesmallerclassofholdings;andthisnaturallytendedtotheconsolidationoffarms。ButtheActof
  1847wentmuchfurther;itrefusedreliefaltogethertooccupiersofmorethanaquarterofastatuteacre;andthus,bybasing
  therightofpubliccharityupongivingupthelargerportionoftheirland,itforcedofftheIrishcottiersinmassesfromthe
  soil,andleftitfreeforanewraceofagriculturists。Thepoorestofthecottiersabandonedtheirbuildingsforthe
  workhouses,fromwhich,however,thelargemajorityofthemhavesinceemerged,whilethoseamongthemwhohadstill
  anyresidueofproperty,commencedthatstrangeandunparalleledemigration,whichhassentIrishenergiestoahopeful
  field,andhasopenedthelandofIrelandforabettersystem。Thelawwhichdidthiswasstern,butitwasnotunjust,andno
  onecandenythegoodithasaccomplished。
  TheEncumberedEstatesActoperatedinthesamedirection。Ed。Rev。p。116:"Alawwhich`freedthelandofIrelandfromallchecksonalienation,whichbrokedowntheequitymode
  oftransfer,withitsjealousimpedimentstopuisnecreditors,itsfearfuldelays,itsruinousexpense,anditscumbrousand
  unsatisfactoryprocedure,andwhich,besides,offeredeverysecuritytopurchasers,wouldnecessarily,underany
  circumstanceswhatever,havebroughtagreatmanyestatestothemarket。Butpassingatatimewhentheequitycourtswere
  crowdedwithembarrassedestates,whentheruinoccasionedbythefamine,andthepoor—rates,andthepanicresultingfrom
  therepealofthecorn—laws,andthelownessofprices,hadmadeallcreditorsonrealpropertyinIrelandextremelyanxious
  torealizetheirsecurities,itoperatedtoanextentwellnighinconceivable。Inaperiodoflessthaneightyears,theIrish
  EncumberedEstatesCommissionhasdealtwithlandedpropertyrepresentinganetrentalofupwardsof?,450,000sterling,
  andcoveringanareaofmorethanfourmilliononehundredthousandacres。ACourtofJustice,sittinginaremotecornerof
  Dublin,haspeaceablychangedtheownershipofalargermassoflandthatprobablypassedunderCromwell’sconfiscations。
  Ofthevastdistrictbroughtwithinitsgrasp,aboutsix—sevenths,containingthreemillionsfivehundredthousandacres,witha
  rentalofonemilliontwohundredandthirtythousandpoundssterling,hasbeensoldandtransferred,leavingaresidueofsix
  hundredthousandacresoftheyearlyvalueoftwohundredandtwentythousandpoundssterlingstillundisposedof。The
  encumbrancesupontheestatesalreadysold,andwhichhithertohadbeenpentupinthecourtsofequityorleftinthehands
  ofruinedinheritorsreachedtheextraordinarysumofthirtysixmillionssterling,orupwardsoftwentylouryears’purchase
  uponthenetrental。ThissinglefactshewsthestateoflandedbankruptcythatexistedinIreland,andisanamplejustification
  ofthelaw。"
  Andagain,p。119"ThegooddonetoIrelandbythisimportantstatute,anditsvastresults,arebeyondallquestion。Largetractsofland,which
  hithertohadnorealproprietors,whichwereeitherinthehandsofChanceryreceivers,orofinheritorssunkindebt,on
  whichaleasecouldnotbemade,norasecuretenurebeobtained,andwhich,accordingly,wereinvariablythereceptaclesof
  theworstspecimensofthecottiertenantry,havenowfallenintothehandsofownerswhocanusethemforallthepurposes
  ofproperty。OnagreatportionofthesurfaceofIrelandthereisnolongeranimpenetrablebarriertonaturalfanningtenures,
  andtothelegitimateconditionsofarealagriculture。Eventhebreakingupofthelargepropertiesintosmallestateshasbeen
  ofadvantage;forithastendedtoextendtheareaofthefarmerbyreducingthesizeofprivatedemesnes;ithasstimulated
  providentandindustrioushabits,byopeningtheland—markettosmallcapitalists;andprobablyithasconsiderably
  encouragedtheinvestmentofmoneyintheimprovementofthesoil。Inaword,agreatbreadthofIrelandhasnowbeenset
  free,andissubjectedtomorecivilizinginfluences。Theevidencesofthismostsalutarychangeareperfectlyclearinevery
  partofthecountry。Moderatemansions,neatfarmhouses,andgoodfarmbuildings,risingfromamongtrimcornfieldsand
  pastures,thetrueproofsofasubstantialagriculturalmiddleclass,arenowtobemetwith,andthatnotunfrequentlyon
  estateswhichhadlongbeenmoulderinginChanceryruin。Asregardsthispoint,however,weprefertociteasingleexampletomakinganygeneralstatements。"Intheyears1852,1853,MrAllanPollok,ofGlasgow,purchasedestatesinthecountyofGalway,undertheEncumbered
  Estates。Act,forwhichhegave?30,000。Hehassinceexpended?50,000ontheminfittingthemwithproperappliances
  foragriculture。Intheyear1852therewere100acresofgreencropsonhislands,andintheyear1856therewere2000
  acresofgreencrops,and3000ofcorn。IftheimprovementseffectedbyotherpurchasersundertheEncumberedEstates
  Act,evenremotelyapproachthechangesaccomplishedbyMrPollok,therecanbenodoubtthatthewealthofIrelandwill
  beincreasedinanextraordinarydegree。"
  Thegeneralresultsarethusstated:"TheselawshavewroughtacompleterevolutioninIrishagriculture;havetransferredthesoilfrompaupercottierstoreal
  farmers;havecausedanevidentimprovementineveryspeciesofhusbandry;havebroughtcapitalinlargequantitiestoa
  hopefulfieldforinvestment;haveplantedinthelandanumeroussmallproprietary,andhavesettledthetrueconditionsof
  Irishprosperity。Afewfigureswilldemonstratetheseresults。Intheyear1841,thefarmsinIreland,exceedingthirtyacresin
  area,wereintheproportionofseventothehundred;atthecloseof1855theyhadincreasedtomorethan26percent。,and
  occupiedupwardsofthree—fourthsofthecountry。Intheyear1841,therewereaboutsixandaquartermillionsofacresout
  ofcultivation;intheyear1855onlyfourmillioneighthundredandninetythousand。In1847,727,000acresofIrelandwere
  underagreencrop;in1855,thenumberhadnearlydoubled。In1841,thelivestockofIrelandwasvaluedat?9,400,000。In
  1855,atthesamerates,ithadreachedthirtythreemillionsandahalf。TheaveragecirculationofallthebanksofIrelandwas
  in1850fourmillionsandahalf;atthecloseof1855,ithadalmostincreasedathird。Lastly,whiletheIrishexcisedutiesof
  1850,amountedto?,400,000,thoseof1856,are?,600,000。itmay,wethink,bestated,thatsorapidandhappyand
  economicalarevolution,soquickatransitionfromasinkingandperilous,toahopefulandflourishinglandedsystem,is
  withoutaparallelinhistory。ThefoundationsofIrishprosperityhaveatlengthbeenlaidinreformedmodesofowningandoccupyingthesoil;andtherecanbenodoubtbutthattheywillsupportasuperstructureofgeneralwelfare。"OneremarkIwillmakeinconcludingthisbriefview。Weliveinaneventfulage。Thatisareflexion。whicheveryoneis
  readytomake;everyonereadytoassentto。ButthereisafurtherreflexionsuggestedbywhatIhavebeensaying。Besides
  andbeyondtheeventswhichmaketheageappeareventfultocommonobserverswarandpeacerevolutionsofstatesand
  dynastiestheriseandfallofkingdomsandempires,republicsandfederationseventswhichshakethegroundwiththeir
  earthquake,andfilltheairwiththeirthunder;besideandbeyondthese,thereareeventstakingplace,noiselessandalmost
  imperceptibleadvancinglikevegetationoveradesert,orsummeroverthewoodsandfieldseventsoffarmoreconsequence
  thanallthatcomeswithconvulsionandtumulteventswhichwillbythepoliticaleconomistofthefutureberegardedasfar
  moreimportantthananypoliticaleventshappierthananyrestoration,moregloriousthananyrevolution:theeventsofthe
  decayandextinctiontobereplacedbysomethingbetterinshort,theEuthanasiaofMé;tayerRentsinFrance,SerfRentsin
  Russia,RyotRentsinIndia,andCottierRentsinIreland。
  LECTUREV。
  TheDoctrineofRent。ThedoctrineofRentspokenofinthelastLecture,mustnowbemorefullyexplained,asIhavesaid;itmaybebrieflystated
  thus:TheRentoflandisthepaymentfortheexcessofthevalueoftheproduceofthebetterlandoverthepoorestcultivatedland:thepoorestbeingthatkindoflandwhichjustpaysforbeingcultivated。LetAbethebestland(bestasbeingmostfertile,nearestthemarket,orforthelikereasons)。Andlettheproduceofitunder
  theusualcultivationbe?2peracreperannumontheaverage。
  LetBbenextbestland,andletitsproducebe?0peracre;andsupposethisproducejustpaystheexpenseofcultivation。
  LetCbestillinferiorland,whichunderthelikecultivationyieldsonly?peracre。ThereforethelandCdoesnotpaytheexpenseofcultivation,andnoonewillwithaviewtoprofit,bestowuponitthe
  expenseofcultivation。
  ThelandBmaybecultivatedwithaviewtoprofit,byapersonwhocanhaveitrent—free:bytheproprietorforinstance。ThelandAmayl)ecultivatedwithaviewtoprofitbyanyone,payingforitarentof?anacre。Whenhehaspaidthatrent,hisprofitswillstillbetheusualprofitsofstock。ThisisnecessarilytheoriginandmeasureofRent:fortheproprietorofAwillnotallowanyonetocultivateitonlowerterms,sincehecanobtainthoseterms。Apersonwhothusrentslandandcultivatesitwithaviewtoobtainingtheprofitsofhisstock,isaFarmer。TheRentsnow
  spokenofareFarmer’sRents。
  A:Produce=12
  Rent=2
  B:Produce=10
  Rent=0
  C:Produce=8UncultivatedThisdiagrammayrepresentthekindsofland:A,B,Cthedifferentkindsyieldingdifferentvaluesofproduce,in
  consequence,ashasbeensaid,ofbeingmorefertile,nearertothemarket,orothercauses。
  RecentRiseofRentsinEngland,howproduced?ThemainimportanceoftheDoctrineofRent,isintheviewstowhichitleadsrespectingthecausesandtheeffectsofariseorfallofrents。Supposethatthepriceofcorn(orotherproduceoftheland,)increases,andthattheexpenseofcultivatingthelandremains
  thesame。Supposethisincreaseofpricetobeonefourthoftheoriginalprice。
  ThenthevalueoftheproduceofAwillbeincreasedby?insteadof12,itwillbe123or15。
  ThevalueoftheproduceofBwillbeincreasedalsoby?insteadof10itwillbeio2?or12?Andastheexpenseofcultivationisstillonly10asbefore,therewillbeinthiscase,besidestheordinaryprofitofstock,an
  extraprofitof2?whichthefarmerofBcanaffordtopaytotheproprietor;andwhichtheproprietorwilldemandastherentofB。InthiscasethevalueoftheproduceofCwillalsobeincreasedbyone—fourthinsteadof8itwillbe10。AndastheexpenseofcultivatingCwiththeusualprofitsis10,apersoncanaffordtocultivateC,payingnorent。InthiscaseC,whichwasnotcultivatedbefore,iscultivatednowinconsequenceoftheincreasedpriceofcorn。This
  increasedpricemaybesupposedtoarisefromtheincreaseddemandoccasionedbyanincreasedpopulation。Theincreased
  producearisingfromthecultivationofCwillprovidefortheincreasedpopulation。
  Thisnewstateofthingsmayberepresentedbythisdiagram,A:Produce=15
  Rent=5
  B:Produce=12?
  Rent=2?
  C:Produce=10
  Rent=0。
  Inthiscase,Rentsincreaseinconsequenceofcornhavingbecomedearer。MrRicardoassumedthatthiswasthegeneralcase:thatariseofrentsisalwaysaccompaniedbyanincreasedpriceofcorn,
  inconsequenceofthenecessityofobtainingcornfrominferiorsoils:asin。theabovecase,inconsequenceoftheincreaseofpopulationitwasnecessarytoobtaincornfromthelandC,aswellasfromthelandAandB。MrRicardoassertedthattheinterestofthelandlord(whichistheriseofrents),isopposedtotheinterestoftheconsumers
  ofproduce(whichischeapprices)。
  Itwillbemybusinesstoshowthatthispropositionisaltogethererroneous。ThatcausewhichMrRicardoassumesasthegeneralcauseoftheriseofrentsisnotthegeneralcause,ifiteveroperate:andisnotthecauseoftherisewhichhastakenplaceinEnglandinmoderntimes。Iwillfirstprovethatthisisnotthecausewhichhasoperated,andthenIwillendeavourtoshowwhatisthecausewhichhas
  producedtheeffect。
  This,then,isthepropositiontowhichIfirstinviteyourattention。TheriseofrentsinEnglandinrecenttimeshasnotresultedfromtheRicardiancause,theriseofpricesofproduceinconsequenceoftheincreaseddifficultyofproduction。Toprovethis,IshallprovethatwhenrentsrisefromtheRicardiancause,(theincreaseddifficultyofproduction),thewholerentmustnecessarilybecomealargerfractionoftheproduce。Thus,inthecasewhichwehavetaken,theproduceofanacreofthelandsA,B,C,isrespectively12,10,and8。And,ifwe
  supposethequantityofeachqualityoflandtobeequal,(asuppositionmademerelyatfirsttosimplifythereasoning,)when
  Cisnotcultivated,theproduceisas1210=22,andtherentas2。Therentis1/11theproduce。
  WhenCiscultivated,theproduceisas112?10=37?andtherentisas52?=7?Therentis?theproduce。Thusinthiscasetherentincreasesfrom2to7?anditisatthelatterstage1/5oftheproduce,havingattheformerbeenIt
  isalargerportionofthewholeatthelastthanatthefirst。
  Thenumbersinthiscaseresultfromthesuppositionthatthequantitiesofeachofthekindsofland,A,B,C,areequal。Butthegeneralresult,thattherentisagreaterportionoftheproduceatthelatterstagethanattheformer,doesnotdependonanysuppositionastoquantities。Itwillbethesame,whateverbethequantitiesofdifferentkindsofland。Foreachkindoflandwillhavetherentagreaterfractionatthelatterstagethanattheformer;andthereforeallthefractionsatthelatterstage,multipliedbytheirquantities,andaddedtogether,mustbegreaterthanattheformerstage。ButintheprogressofagricultureinEnglandduringthepresentcentury,itisallowed,byallwhohaveattendedtothe
  subject,thatthoughtheamountofrenthasincreased,therentisnowasmallerfractionofthegrossproducethanitwas
  formerly。Therentwasinformertimesonethirdofthegrossproduce。Itisnowonefourth,oronefifth。
  Howisthistobeexplained?ThesameresultfollowsifwecompareEnglandandFrance;forFrance,inmattersofagriculture,mayberegardedasrepresentingEnglandatanearlierstage。ThusM。Lavergne,whohasstudiedthecausesofthesuperiorityofEnglandtoFrance,andpublishedhisresults
  (L’EconomieRuraledel’Angleterre,3rdEd。1858,p。98),statesthegrossproduceofahectareinFrancetobe100,andthe
  rent30;inEnglandthegrossproduceforthesamequantityoflandis250,andtherentis75。Therentintheformercaseis3/10,inthelatteritisstill3/10,thoughtheactualamountoftherentismorethandoubled。AgainIask,howisthistobeexplained?ItappearstomctobeoneofthemostimportantproblemsinPoliticalEconomy;
  bothastoitsbearingupontheDoctrineofRent,andastoitsbearinguponthenatureofagriculturalprogress。Howisittobesolved?Theonlysolutionmustbethis:thatthenatureofagriculturalprogressinthesecasesisnotthatwhichissupposedinthe
  theoryasstatedbyRicardo;namely,theincreaseddifficultyandexpenseofraisingproducefromland;or,asitisalsoexpressed,theextensionofcultivationtoinferiorsoils。Butifitisnotthat,whatisit?1reply,itistheuseofAuxiliaryCapital;thatis,capitalemployedinmachines,(ploughs,carts,&;c。)manure,draining,workingcattle,andallothercontrivancesbywhichtheagriculturallabourofmanisassisted。SuchcapitalisemployedtoaverylargeextentinEngland。Itappears(Jones,OnRent,p。223),fromvariousreturnsmadeat
  differenttimestotheBoardofAgriculture,thatthewholecapitalagriculturallyemployedistothatappliedtothesupportof
  labourers,as5to1:thatis,thereisfourtimesasmuchauxiliarycapitalusedasthereisofcapitalappliedtothemaintenance
  oflabouranddirectlyintillage。InFrance,theauxiliarycapitaluseddoesnotamount(asappearsfromCountChaptal’s
  statement)t。omorethantwicethatappliedtomaintainrusticlabour。InotherEuropeancountriesthequantityofauxiliary
  capitalisprobablymuchless。
  Now,howwillthisauxiliarycapitalaffectthequestionofrent?Inthisway。Thecapitalthusemployedistoacurtainextent,fixedcapitalthatis,itlastsacertainnumberofyears,and
  requirestobereplacedonlyafterthattime。Thusacapitalof?owhichwearsoutin10yearsmaybereplacedbyareturnof?ayear。Orrather,acapitalof?0whichwearsoutin10yearsmaybereplacedwithprofitsbyareturnof?ayear。Now,whatwillbetheeffectofsuchacapitalonRents?Thiscapital(?0anacre)willnotbeemployed,unlessitwillproduceareturnof?anacre。Itmustthereforeincreasethe
  producetoatleastthatamount。
  Suppose,asbefore,threequalitiesoflandABC
  ofwhichtheproduceis201510,respectively。
  Thegrossproduceishere20151045,andtherentis105=15,andas15isonethirdof45,therentisofthegrossproduce。
  Letnowthecapital(say?0anacre)beapplied,andlettheproducenowbecomegreaterthanitwasforABC
  by876,AandBthusstillretainingtheirsuperiorityoverC:theproducenowisABC
  282216。Thegrossproduceisnow282216=66,andtherentis126=18,therentis18/66oftheproduce,whichisasmallerfractionthanbefore,thoughtherentitselfhasincreasedfrom15to18。Letusmakeasuppositionofa。stilllargerincreaseofproducebytheapplicationofcapital。Theproducewithoutthecapital
  beingasbefore,forABC
  201510。
  Lettheadditionresultingfromtheapplicationofcapitalbe161514:
  theproducewillnowbe363024。Thegrossproduceis90,therentis126=18,and18is1/5of90;sothatinthiscase,thoughtherentisincreasedfrom1to18,itis,asafractionoftheproduce,diminishedfromonethirdtoonefifth。WeheresupposethattheproduceofthelandC,whichwasxobeforetheapplicationofthecapital,is24withthecapital。Theamount10correspondstothewagesoflabour,and14isrequiredtoreplacethecapitalwithprofits。M。LavergnegivesthefollowingestimateofthedistributionoftheproduceforanEnglishandforaFrenchhectare,(Ec。
  Rur。p。98):
  England:Rent75
  Wages60
  Farmer’sprofits10
  Accessoryexpenses……50
  Taxes25
  250
  France:Rent30
  Wages50
  Farmer’sprofits10
  Accessoryexpenses8
  Taxes5
  100HeretheAccessoryExpensesarethereturnwhichisrequisitetoreplacetheAuxiliaryCapital。Aswesee,hemakesthemio
  timesasgreatinEnglandasinFrance。
  WeseethatwhilethefarmerinEnglandpays75inwages,herequires90forhisprofits,andforkeepinguphisstock。Sincehisprofitsareestimatedat40,wemayestimatehiscapitalat400,whichismorethan4。timeswhathepaysinwages;asIhavesaidthatthosewhojudgefromfactshaveestimatedit。Butallthesenumbersarehypothetical,andintroducedmerelyforthesakeofillustratingbyexamplemyproposition。The
  propositionisthis:thatrentsmayincreasenotonlybytheextensionofcultivationtopoorersoils;butalsobythe
  improvementofmethodsofculture;andthattheincreaseofproduceandofrentsinEnglandhasarisenfromsuchimprovement,muchmorethanfromtheextensionofculturetoworsesoils。Further,thisimprovementofthemethodsofculturehasinvolvedtheapplicationofagreatamountofcapital,asauxiliarytothelabourofmanincultivation。Weknowsuchanapplicationofcapitaltohavetakenplace;andtheproofthatthisistherealcaseisfoundinthefact,thattherenthasbecomeasmallerportionofthegrossproduce。IhopeIhavenowgivenasolutionoftheProblem:Howithascometopass,thatwhilerentshaveincreasedinEngland,the
  renthasbecomeasmallerfractionoftheproduce。Itisdemonstrable,asyouhaveseen,thatthiscannotarisefromthecauseassertedbyMrRicardoandMrMcCullochtobethesoleanduniversalsourceofanincreaseofrents。Butitmaybeasked,howdidthepropositionwhichIamcombatingthattheincreaseofrentarisesuniversallyfromthe
  extensionofcultivationtoinferiorsoils,ortothesamesoilwithinferiorreturnsobtainsuchaholdonthemindsofeminentPoliticalEconomists?TothisIreply,thatthishappensbecausethispropositionwasaningeniousdeductionfromthedoctrineofrent。onacertain
  hypothesis;namelyonthehypothesisofaconstantlydecreasingreturntoagriculturallabour;andinconsequenceoftheingenuityofthededuction,thedoctrineandthehypothesiswereacceptedasprovingeachother。Thedoctrineofrent,thatrentistheexcessoftheproduceofgoodsoilsovertheworstsoils,orovertheworstremunerated
  capital,wasreceived,aswehaveseen,withgreatadmiration。Thehypothesis,thatsuccessiveequaldosesoflabourorof
  capitalproducediminishingresults,wasacceptedasmostsimple。Perhapsitwassuggestedbyavaguenotionoftheeffect
  oflabouremployedindiggingthesoil。Iftheproduceofagivenfieldbeincreasedbyoneman’sdiggingoverthesoil,itmay
  perhapsbefurtherincreasedbytwomenwhomaypulverizethesoilstillfurther:butitisnotlikelythatthesecondman’slabourwillproduceanadditionequaltothefirst。Butthereseemstobenoreasonwhatevertosupposethatthisistheruleofthegeneralease。Additionallabour,and
  additionalcapital,maybeemployeduponland,andtheresultmaybenoadditionalproduce。Butalsoadditionallabourand
  additionalcapital,inotherways,maybeemployedsoastogiveadditionalproducetoanextentofwhichwecannot
  prescribethelimitsbeforehand。Thegreatpointinsuchcasesistodiscoverhowthismaybedone。Theresultdependsupon
  agriculturalskillandinventiveness,andmaybegreatormaybesmall。Thoughthelawofdecreasingproductivenessto
  additionallabourandcapitalhadbeenlaiddownwithgreatconfidence,thereseemstobenogroundforassertingitasalaw
  oftheprogressofagriculture。Thegreatimprovementsinagriculture,improvedmachines,manures,drainage,donotappear
  tohavefollowedthislaw。Theimprovementsinagriculturehavenotconsistedintryingmoreandmoretosqueezefroma
  givenplotofgroundtheutmostcropthatitcanproduceofonekind,butinintroducingnewkindsoffoodforanimals,as
  turnipsintothesandysoilsofNorfolk,andartificialgrassesofallkinds,andinmakingonepartofthefarmplayintothe
  handsofanother,soastofeedanincreasednumberofcattle,andyettohaveanincreasedbreadthofcerealcrops。There
  havebeenimprovementstooinallagriculturalmachinery:newmanures:newandimprovedmodesofdraining:andmany
  otherimprovements。Inthesewaystheproduceofthelandhasbeenincreased,andadditionalcapitalhasbeenemployed
  uponit:butthereisnogroundwhateverforsayingthateachadditionalequaldoseofcapitalsoappliedhasproducedsmallerresults。Tomakeimprovementsinagriculturemustdepend,asIhavesaid,uponinventiveskillanditistheskillwhichhasbeen
  broughtoutinthispursuitinEnglandwhichhasbeenthecauseoftheagriculturalprogressofEngland;andthishasbeenthe
  rewardofthecare,study,andenterprizebestoweduponthesubject。Thatthis,andnotthedecreasingfertilityofsoils,isthe
  causeoftheincreaseofrentsinEngland,isshown,asIhavesaid,bythefactthattherentthoughgreaterabsolutely,isaless
  fractionofthewholeproduce。
  Proportionofagriculturalandnon—agriculturalPopulation。Besidestheproportionwhichrentbearstoproduce,thereisanotherlargefactintheconditionofEngland,whichproves,in
  themostconclusivemanner,thatthecourseofeventsbywhichEnglandhascomeintoitspresentcondition,hasbeenan
  increaseintheproductivepowersofitsagriculture,suchashasplaceditinadvanceofothercountries:inadvanceofFrance,andofothercountriesprobablystillmore。Thisfactis,theproportionofthenon—agriculturaltotheagriculturalpopulation。InEnglandthenon—agriculturistsare
  doublethenumberoftheagriculturists。InEngland,cultivatorsofthesoilproducesustenancefor8besidesthemselves;thatis,for12personsaltogether。ButinFrancebeforetheRevolution,thecultivatorsweretothenon—cultivatorsas4to1:thatis,4cultivatorsproducedsustenancefor5persons。PerhapsnowinFrancethecultivatorsarctothewholepopulationas2to3。Hence4cultivatorsproducesustenancefor6persons。ThustheproductivepowersoftheagriculturalpopulationareinEnglanddoubleofwhattheyareinFrance。Whatisthemanneroftheincreaseofthenonagriculturalclasses?PlainlytheemploymentofAuxiliaryCapitalbringsmany
  ofthemintobeing。TheAuxiliaryCapitalisemployedinsupportingthosewhoarenotdirectlyengagedinagriculture,butin
  otherwaysauxiliarytoagriculture:forinstance,themachine—maker,whomakesploughsandcarts,andnow,thrashingand
  winnowingmachinesworkedbysteam—engines:thebrick—makerwhomakesdrainingtiles:thesailorwhobringsguano
  fromafar:andmanyothers。Itisreckoned,asIhavesaid,that(Jones,p。232)theagriculturists,inusingtheresultsofsuchauxiliaries,employ4timesasmuchcapitalastheyexpendinwages。Hence,ifwagesbeas10,thewholecapitalemployedmustbeas50;andifthefarmer’sprofitonhiscapitalbeiopercent。,
  whichisareasonablerate,thefarmer’sincomewillbe5;thatis,halfthewholeamountofthewageswhichhepaystohis
  labourers,MrJones,fromwhomImainlytakethesedetails,hastracedintootherresultstheeffectsoftheemploymentofauxiliarycapital。Onthispointofthegreatincomeofthecapitalistsemployedinagriculture,heobserves,(p。233):"Whiletherevenueofthecapitalistsequalsonlyonetenththatofthelabourers,theyformnoprominentpartofthe
  community,andindeedmustusuallybepeasantsorlabourersthemselves。Butamassofprofitsequaltoorexceeding
  one—halfthewagesof[agricultural]labour(whichmassexistsinEngland)naturallyconvertstheclassreceivingitintoa
  numerousandvariedbody。Theirinfluenceinacommunityinwhichtheyarethedirectemployersofalmostallthelabourers,
  becomesveryconsiderable;andwhatisinsomerespectsofmoreimportance,sucharichandnumerousbodyof
  capitalists,as,descendingfromthehigherrankstheyapproachthebodyoflabourersbyvariousgradationstilltheyalmost
  minglewiththemformaspeciesofmoralconductorsbywhichthehabitsandfeelingsoftheupperandmiddlingclassesarecommunicateddownwards,andactmoreorlesspowerfullyuponthoseoftheverylowestranksofthecommunity。"TheaboveviewsoftheeffectofAuxiliaryCapitalonRentareborrowedfromaveryableandoriginalworkonRent,
  publishedin1831,byMrRichardJones,whowassubsequentlyProfessorofPoliticalEconomy。atHaileyburyCollege。So
  farasIknow,hewasthefirstpersonwhosolvedtheproblemwhichwehavebeenconsidering;howRentsbecome
  absolutelylargerandyetasmallerpartoftheproduce。
  DifferentkindsofRent。AllthathasbeensaidappliesonlytoFarmers’rents;thatis,rentspaidtoalandlordbyacapitalistwhoemployslabourers。
  ThecapitalistemployshiscapitalforProfit;andtherateofprofitisdeterminedbycompetitionwithothercapitalists。Ifhecouldnotgetthisprofitbyfarming,hewouldremovehiscapitaltosomeotheremployment。Butthisfactthusassumedthatcapitalistscanremovetheircapitalfromfarming,andwilldoso,iffarmingdoesnotpayis
  notgenerallytrue;is,infact,trueonlyinEnglandandafewdistrictselsewhere。Norisittruethatthelandiscultivatedby
  capitalistsemployingotherstolabour,sellingtheirproduceandlivingupontheproceeds。Overthegreaterpartoftheearth’s
  surface,cultivationiscarriedonbypersonswhoraisetheirsubsistencefromthesoil,andpayaportiontotheownerofthesoil,inthiscasethepaymentstotheownerofthesoilrents,thatisaredeterminednotbycompetition,butbycustom。Andthus,infact,landhasbeenheld,andrenthasbeenpaid,onverydifferentprinciplesfromthatwhichwehavedescribed。
  AccordingtothemodeofholdingthecultivatorshavebeenclassedasMé;tayers,Serfs,Ryots,Cottiers。
  ThesearethuscharacterizedbyMrJones,whointroducedthisclassificationintoPoliticalEconomy。TheMé;tayerisapeasanttenant,extractinghisownwagesandsubsistencefromthesoil。Hepaysaproducerenttotheowneroftheland。Thelandlordsupplieshimwithstock。`ThismodeoftenureprevailslargelyinFranceandItaly,andwasthecommontenureamongtheGreeksandRomans:(Mé;tayers=Medietarii)。Serfrentsarelabourrents:thatis,theownerofthelandsetsasideaportionofthelandforcultivationbythepeasantand
  leaveshimtoextracthisownsubsistencefromit;andlieexactsasarentfortheland,thusgiventothecultivator,acertainquantityoflabourtobeemployedontheremainderoftheestate,forthebenefitofthelord。TheserentshaveprevailedonalargerscaleinEasternEuropeinRussia,Hungary,Poland,LivoniaandEsthonia,andinGermany。Thereare,orwerelately,remnantsofthemintheScottishhighlands,(Jones,p。45)。Ryotrentsareproducerentspaidbyalabourerraisinghisownwagesfromthesoil,tothesovereign,astheproprietorof
  thesoil,(Jones,p。109)。
  TheyarepeculiartoAsia,India,Persia,Turkey;probablyexistinChina。Cottierrentsarerentscontractedtobepaidinmoneybypeasanttenants,extractingtheirownsubsistencefromthesoil。TheyexistinIreland。MrMill,whohasborrowedMrJones’sclassificationinthemain,putsRyotrentsandCottierrentsinthesamechapter:butthedifferencesbetweenthetwoareimportant,asweshallsee。MrMillhasanexcellentchapterinwhichheshowshowthedifferencebetweenFarmers’rentsandotherrentsdependsonthedifferencebetweenCompetitionandCustom,asthegeneralruleofeconomicalproceedings(Polit。Econ。p。282)。"Undertheruleofindividualproperty,thedivisionoftheproduceistheresultoftwodeterminingagencies:Competition,
  andCustom。Itisimportanttoascertaintheamountofinfluencewhichbelongstoeachofthesecauses,andinwhatmannertheoperationofoneismodifiedbytheother。"Politicaleconomistsgenerally,andEnglishpoliticaleconomistsaboveothers,areaccustomedtolayalmostexclusivestress
  uponthefirstoftheseagencies;toexaggeratetheeffectofcompetition,andtakeintolittleaccounttheother,and
  conflictingprinciple。Theyareapttoexpressthemselvesasiftheythoughtthatcompetitionactuallydoes,inallcases,
  whateveritcanbeshewntobethetendencyofcompetitiontodo。Thisispartlyintelligible,ifweconsiderthatonlythrough
  theprincipleofcompetitionhaspoliticaleconomyanypretensiontothecharacterofascience。Sofarasrents,profits,
  wages,prices,aredeterminedbycompetition,lawsmaybeassignedforthem。"
  Andthisappliesespeciallytothetenureofland,(p。285):"Therelations,moreespecially,betweenthelandownerandthecultivator,andthepaymentsmadebythelattertothe
  former,are,inallstatesofsocietybutthemostmodern,determinedbytheusageofthecountry。Neveruntillatetimeshave
  theconditionsoftheoccupancyoflandbeen(asageneralrule)anaffairofcompetition。Theoccupierforthetimehasvery
  commonlybeenconsideredtohavearighttoretainhisholding,whilehefulfilsthecustomaryrequirements;andhasthus
  become,inacertainsense,aco—proprietorofthesoil。Evenwheretheholderhasnotacquiredthisfixityoftenure,thetermsofoccupationhaveoftenbeenfixedandinvariable。"InIndia,forexample,andotherAsiaticcommunitiessimilarlyconstituted,theryots,orpeasant—farmers,arenotregarded
  astenantsatwill,orevenastenantsbyvirtueofalease。Inmostvillagesthereareindeedsomeryotsonthisprecarious
  footing,consistingofthose,orthedescendantsofthose,whohavesettledintheplaceataknownandcomparativelyrecent
  period:butallwhoarelookeduponasdescendantsorrepresentativesoftheoriginalinhabitants,arethoughtentitledto
  retaintheirland,aslongastheypaythecustomaryrents。Whatthesecustomaryrentsare,oroughttobe,hasindeed,in
  mostcases,becomeamatterofobscurity;usurpation,tyranny,andforeignconquesthavingtoagreatdegreeobliteratedthe
  evidencesofthem。ButwhenanoldandpurelyHindooprincipalityfallsunderthedominionoftheBritishGovernment,or
  themanagementofitsofficers,andwhenthedetailsoftherevenuesystemcometobeinquiredinto,itisoftenfoundthat
  althoughthedemandsofthegreatlandholder,theState,havebeenswelledbyfiscalrapacityuntilalllimitispracticallylost
  sightof,ithasyetbeenthoughtnecessarytohaveadistinctnameandaseparatepretextforeachincreaseofexaction;so
  thatthedemandhassometimescometoconsistofthirtyorfortydifferentitems,inadditiontothenominalrent。This
  circuitousmodeofincreasingthepaymentsassuredlywouldnothavebeenresortedto,iftherehadbeenanacknowledged
  rightinthelandlordtoincreasetherent。Itsadoptionisaproofthattherewasonceaneffectivelimitation,arealcustomary
  rent;andthattheunderstoodrightoftheryottotheland,solongashepaidrentaccordingtocustom,wasatsometimeor
  othermorethannominal。TheBritishGovernmentofIndiaalwayssimplifiesthetenurebyconsolidatingthevarious
  assessmentsintoone,thusmakingtherentnominallyaswellasreallyanarbitrarything,oratleastamatterofspecific
  agreement:butitscrupulouslyrespectstherightoftheryottotheland,thoughitseldomleaveshimmuchmorethanabaresubsistence。"InmodernEuropethecultivatorshavegraduallyemergedfromastateofpersonalslavery。Thebarbarianconquerorsofthe
  Westernempirefoundthattheeasiestmodeofmanagingtheirconquestswouldbetoleavethelandinthehandsinwhich
  theyfoundit,andtosavethemselvesalaboursouncongenialasthesuperintendenceoftroopsofslaves,byallowingthe
  slavestoretaininacertaindegreethecontroloftheirownactions,underanobligationtofurnishthelordwithprovisions
  andlabour。Acommonexpedientwastoassigntotheserf,forhisexclusiveuse,asmuchlandaswasthoughtsufficientfor
  hissupport,andtomakehimworkontheotherlandsofhislordwheneverrequired。Bydegreestheseindefiniteobligations
  weretransformedintoadefiniteone,ofsupplyingafixedquantityofprovisionsorafixedquantityoflabour:andasthe
  lords,intime,becameinclinedtoemploytheirincomeinthepurchaseofluxuriesratherthaninthemaintenanceofretainers,
  thepaymentsinkindwerecommutedforpaymentsinmoney。Eachconcession,atfirstvoluntary,andrevocableatpleasure,
  graduallyacquiredtheforceofcustom,andwasatlastrecognisedandenforcedbythetribunals。In。thismannertheserfs
  progressivelyroseintoafreetenantry,whoheldtheirlandinperpetuityonfixedconditions。Theconditionsweresometimes
  veryonerous,andthepeopleverymiserable。Buttheirobligationsweredeterminedbytheusageorlawofthecountry,andnotbycompetition。"Wherethecultivatorshadneverbeen,strictlyspeaking,inpersonalbondage,oraftertheyhadceasedtobeso,the
  exigenciesofapoorandlittleadvancedsocietygaverisetoanotherarrangement,whichinsomepartsofEurope,even
  highlyimprovedparts,hasbeenfoundsufficientlyadvantageoustobecontinuedtothepresentday。Ispeakofthemé;tayer
  system。Underthis,thelandisdivided,insmallfarms,amongsinglefamilies,thelandlordgenerallysupplyingthestock
  whichtheagriculturalsystemofthecountryisconsideredtorequire,andreceiving,inlieuofrentandprofit,afixed
  proportionoftheproduce。Thisproportion,whichisgenerallypaidinkind,isusually,(asisimpliedinthewordsmé;tayer,
  mezzaiuolo,andmedietarius,)one—half。Thereareplaces,however,suchastherichvolcanicsoiloftheProvinceofNaples。
  wherethelandlordtakestwo—thirds,andyetthecultivatorbymeansofanexcellentagriculturecontrivestolive。But
  whethertheproportionistwo—thirdsorone—half,itisafixedproportion;notvariablefromfarmtofarm,orfromtenantto
  tenant。Thecustomofthecountryistheuniversalrule;nobodythinksofraisingorloweringrents,oroflettinglandonother
  thanthecustomaryconditions。Competition,asaregulatorofrent,hasnoexistence。"