soil or the absence of tithes and poor's rates. See Sir John
Sinclair's valuable An account of husbandry in Scotland
(Edinburgh, 1812) and General Report, 4 vols. (Edinburgh, 1814)
not long since published--works replete with the most useful
and interesting information on agricultural subjects.

12. See Evidence before the House of Lords, given in by Arthur
Young. p. 66.

13. In all our discussions we should endeavour, as well as we
can, to separate that part of high price, which arises from
excess of currency, from that part, which is natural, and arises
from permanent causes. In the whole course of this argument, it
is particularly necessary to do this.

14. It will be observed, that l have said in a progressive
country; that is, in a country which requires yearly the
employment of a greater capital on the land, to support an
increasing population. If there were no question about fresh
capital, or an increase of people, and all the land were good, it
would not then be true that corn must be sold at its necessary
price. The actual price might be diminished; and if the rents of
land were diminished in proportion. the cultivation might go on
as before, and the same quantity be produced. It very rarely
happens, however, that all the lands of a country actually
occupied are good, and yield a good net rent. And in all cases, a
fall of prices must destroy agricultural capital during the
currency of leases; and on their renewal there would not be the
same power of production.