ABSTRACT

The value of land cannot be unfolded, except by employing a capital sufficient to procure the accumulation of that labour which improves it. Hence, it is essential to the very existence of a nation, that its lands be always in the hands of those who can devote labor and capital to its cultivation. The systems of cultivation, which the authors have now glanced over in review, certainly cause the earth to produce, by the hands of temporary cultivators, when the permanent advances have been made; but they absolutely discourage such cultivators from making those permanent advances which, as they give a perpetual value to property, cannot be laid out except by those with whom that property is destined to continue. The natural consequence of the accumulation of wealth in a society must be always the further separation of work from enjoyment.