Page:Principles of Political Economy Vol 1.djvu/411

Rh the guise of agricultural improvement, a system of money-rents and capitalist farmers. Even where the metayers are poor, and the subdivision great, it is not to be assumed as of course, that the change would be for the better. The enlargement of farms, and the introduction of what are called agricultural improvements, usually diminish the number of labourers employed on the land; and unless the growth of capital in trade and manufactures affords an opening for the displaced population, or unless there are reclaimable wastes on which they can be located, competition will so reduce wages, that they will probably be worse off as day-labourers than they were as metayers.

Mr. Jones very properly objects against the French Economists of the last century, that in pursuing their favourite object of introducing money-rents, they turned their minds solely to putting farmers in the place of metayers, instead of transforming the existing metayers into farmers; which, as he justly remarks, can scarcely be effected, unless, to enable the metayers to save and become owners of stock, the proprietors submit for a considerable time to a diminution of income, instead of expecting an increase of it, which has generally been their immediate motive for making the attempt. If this transformation were effected, and no other change made in the metayer's condition; if, preserving all the other rights which usage insures to him, he merely got rid of the landlord's claim to half the produce, paying in lieu of it a moderate fixed rent; he would be so far in a better position than at present, as the whole, instead of only half the fruits of any improvement he made, would now belong to himself;