ABSTRACT
Davenant, in his Essay upon the probable methods of making a people gainers in the Balance of Trade, 1699, estimated the proportion of rent to net produce, by which he means all the produce except seed. The rent of corn land he makes £2,200,000, and the net produce "above £9,000,000," which is "full four rents," while the rent of "pasture and meadows, woods, coppices, forests, parks, commons, heaths, moors, mountains, and barren land" he puts at £7,000,000, and the produce at only £12,000,000, which" does not make fully two rents," there being little charge either in cultivating the land or gathering the product thereof, comparatively to what there is in the arable land" (pp. 72-3; in Works, ed. Whitworth, Vol. II. pp. 216-17).
