Strona 400 z 2651

The rent of land not only varies with its fertility, whatever be

its produce, but with its situation, whatever be its fertility.

Land in the neighbourhood of a town gives a greater rent than

land equally fertile in a distant part of the country. Though it

may cost no more labour to cultivate the one than the other, it

must always cost more to bring the produce of the distant land to

market. A greater quantity of labour, therefore, must be

maintained out of it; and the surplus, from which are drawn both

the profit of the farmer and the rent of the landlord, must be

diminished. But in remote parts of the country, the rate of

profit, as has already been shewn, is generally higher than in

the neighbourhood of a large town. A smaller proportion of this

diminished surplus, therefore, must belong to the landlord.