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Updated: May 29, 2025
I believe no estates have been let in Wiltshire, by our first-rate surveyors, on a calculation of more than 12s. per bushel, or 96s. per quarter, for the last eight years, since the high price of corn and the competition for estates.
Do you believe there is any surveyor who practises the surveying of estates for the purpose of fixing rents, who proceeds on the calculation of wheat being at a higher price than 12s. per bushel, or 96s. a quarter?
Taking the taxes, the price of labour, and all outgoing expenses of the farmer as they now stand, and the rents at which land has lately been let, I do not conceive the farmer can possibly raise wheat, and remunerate himself with ten per cent. interest upon his capital, under 12s. a bushel, or 96s. per quarter.
If the farmer was to receive only 75s. per quarter, would he be capable of paying any rent at all? No, he certainly would not be able to pay his rent, and get his ten per cent. upon his capital. Is land generally let in Wiltshire upon the supposition that wheat will stand at 96s. and barley at half the price of wheat?
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