The Truth About Agricultural Depression An Economic Study of the Evidence of Th
The Truth About Agricultural Depression An Economic Study of the Evidence of Th
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If he serves a notice to quit, the higher the condition of the farm, the more certain he is to be cornered by the fact that others are eager to reap the fruits of his efforts.
CHAPTER VIII.
Competition and Rent.
This leads naturally to the consideration of the evidence as to the bearing of competition upon rent. There can be no doubt from the facts before us that, except in a few of the very worst districts, there is competition — in most districts considerable competition — for farms, and that... even in the very worst districts there is competition for good farms.^ It would, in our opinion, be misleading to take the degree of competition as a measure of depression, and to assume that keen competition necessarily shows that farmers have over- come the difficulty of making ends meet. The evidence from Scotland shows that while on the one hand prices are much lower than they were five or six years ago, and profits have practically disappeared, competition has greatly increased.^ The same state of affairs is reported by Mr Wilson Fox from Lancashire, where plenty of men compete for farms and bid the old rents, even when the outgoing tenant has failed to make farming pay.
What to read after The Truth About Agricultural Depression An Economic Study of the Evidence of Th?
You can find similar books in the "Read Also" column, or choose other free books by Francis Allston Channing Channing to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If he serves a notice to quit, the higher the condition of the farm, the more certain he is to be cornered by the fact that others are eager to reap the fruits of his efforts.
CHAPTER VIII.
Competition and Rent.
This leads naturally to the consideration of the evidence as to the bearing of competition upon rent. There can be no doubt from the facts before us that, except in a few of the very worst districts, there is competition — in most districts considerable competition — for farms, and that... even in the very worst districts there is competition for good farms.^ It would, in our opinion, be misleading to take the degree of competition as a measure of depression, and to assume that keen competition necessarily shows that farmers have over- come the difficulty of making ends meet. The evidence from Scotland shows that while on the one hand prices are much lower than they were five or six years ago, and profits have practically disappeared, competition has greatly increased.^ The same state of affairs is reported by Mr Wilson Fox from Lancashire, where plenty of men compete for farms and bid the old rents, even when the outgoing tenant has failed to make farming pay.
What to read after The Truth About Agricultural Depression An Economic Study of the Evidence of Th?
You can find similar books in the "Read Also" column, or choose other free books by Francis Allston Channing Channing to read onlineMoreLess
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