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ows:--The dues were capitalised at six per cent., and the Government paid at once to the proprietors four-fifths of the whole sum. The peasants were to pay to the proprietor the remaining fifth, either at once or in installments, and to the Government six per cent. for forty-nine years on the sum advanced. The proprietors willingly adopted this arrangement, for it provided them with a sum of ready money, and freed them from the difficult task of collecting the dues. But the peasants did not show much desire to undertake the operation. Some of them still expected a second Emancipation, and those who did not take this possibility into their calculations were little disposed to make present sacrifices for distant prospective advantages which would not be realised for half a century. In most cases the proprietor was obliged to remit, in whole or in part, the fifth to be paid by the peasants. Many Communes refused to undertake the operation on any conditions and in consequence of this not a few proprietors demanded the so-called obligatory redemption, according to which they accepted the four-fifths from the Government as full payment, and the operation was thus effected without the peasants being consulted. The total number of male serfs emancipated was about nine millions and three-quarters,* and of these, only about seven millions and a quarter had, at the beginning of 1875, made redemption contracts. Of the contracts signed at that time, about sixty-three per cent, were "obligatory." In 1887 the redemption was made obligatory for both parties, so that all Communes are now proprietors of the land previously held in perpetual usufruct; and in 1932 the debt will have been extinguished by the sinking fund, and all redemption payments will have ceased. * This does not include the domestic serfs who did not receive land. The serfs were thus not only liberated, but also made possessors of land and put on the road to becoming Communal proprietors, and the old Communal institutions were preserved and developed. In answer to the question, Who effected this gigantic reform? we may say that the chief merit undoubtedly belongs to Alexander II. Had he not possessed a very great amount of courage he would neither have raised the question nor allowed it to be raised by others, and had he not shown a great deal more decision and energy than was expected, the solution would have been indefinitely postponed. Among the members
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