200
POLITICAL ECONOMY
occupied plots from making any appreciable
charge for them. In the absence of com
bination on the part of landowners, no
landowner could exact a rent larger than that
which would induce the possessor of vacant
land to let it.
Next let us modify the premisses from which
this result is deduced. Let population grow,
and let it finally reach such a figure that the
whole soil of quality A is absorbed in farms,
and, in addition, recourse must be had to some
of the soil of quality B. These conditions
having appeared, the land of the higher
quality will begin to bear a rent, and the rent
will tend to amount to 10 bushels an acre,
that is, the difference between the yield of
the best land, 60 bushels an acre, and the
yield of the second best, 50 bushels an acre.
For the farm land endowed by nature in the
lesser degree no payment can be effectively
demanded, for reasons which have already been
advanced to prove that in the circumstances
first imagined no rent at all would be paid.
Were the owners of inferior fields to insist on
payment for their use, farmers would sub
stitute for them land still unoccupied. But
rent would be paid for land of higher fertility,
because no land of this fertility remains
unoccupied. Now, if other land is to be substi-