nt,
however, to pay for cultivation. At the expiration of fifteen years the
expenditure upon the whole, inclusive of allowance for rent, at the
original rate of 2s. 6d. per acre, together with all charges on account
of tithes and taxes, amounted to a little more than 10,000_l._; the
returns by crops sold and sheep fed exceeding that sum by 88_l._,
independent of the crops now in the ground, which will come to the
landlord in September. This may appear to be an inadequate return for
the fifteen years' experiment; but, as Lord Portman justly observes, "as
a farmer he has lost nothing, whilst as landlord he is a considerable
gainer, the land being now fully equal to any of the neighbouring
farms." Two objects, both of great importance, have thus been obtained.
These 200 acres have been fertilized, which would otherwise have been of
no present or prospective value; and in the process of cultivation
employment has, during that long period, been provided for several
hundreds of labourers who, but for that resource, must, at some seasons
at least, have become a burden to the parish.
OUR LIBRARY TABLE.
FREE TRADE, RECIPROCITY, AND COLONIZATION.
_The Budget; a Series of Letters, published at intervals, addressed
to Lord John Russell, Sir Robert Peel, Lord Stanley, and Lord
Eliot, on Import Duties, Commercial Reform, Colonization, and the
Condition of England._ By R. Torrens, Esq., F.R.S.
_The Edinburgh Review._ No. CLVII. Article, Free Trade and
Retaliation.
_The Westminster Review._ No. LXXVIII. Article, Colonel Torrens on
Free Trade.
Our readers are not, in general, unacquainted with the public character
and literary reputation of Colonel Torrens. He is, we believe, a
self-taught political economist; and, like Colonel Thompson, early
achieved distinction in a branch of moral science not considered
particularly akin to military pursuits. But in his recent labours, he
has very seriously damaged his reputation, by attempting to bolster up a
policy whose influence on the welfare of the nation has been of the most
deadly and pernicious kind; and we therefore advert to the letters
called the _Budget_, more with the view of showing that they have been
analysed, and their mischievous principles thoroughly refuted, than with
any intention of entering at large into the discussion.
It was, we believe, in the autumn of 1841, immediately following the
accession of the present
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