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soil in our scientific wonderland is of four
different qualities, viz., A, B, C, and D,
and that A produce 60 bushels an acre, and
B, C, and D, 50, 35, and 15 bushels respec
tively. Under these conditions, were popula
tion very scanty, only a part of land A would
be cultivated, and no land of a lower quality,
since a sufficiency of food could be obtained
without recourse to any inferior land. It
goes without saying that, other things being
equal, the best land would be occupied first,
providing it was known to be the best. In
these circumstances no rent, or no appreciable
rent, would be paid for land, on the assumption
that the whole of the land, or at any rate
the whole of the best land, was not in the
hands of a monopolist person or group.
If it were in the hands of a monopolist, he
could insist on some payment for its use,
and possibly a high payment, inasmuch as
people deprived of all fruits of the earth
would be unable to get satisfactory sustenance.
In the absence of monopoly, however, no
appreciable rent would be possible, if we mean
by rent a payment for land and nothing but
land. The competition of the owners of
plots still untouched, though equal in fertility
to those already ministering to the wants
of man, would prevent the owners of the