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At the present day, however, another class has sprung up, that of tenant farmers on a considerable scale; these, in their turn, sublet to peasants who give their labour and with whom they divide the profits. Now, the half-profit system does certainly answer elsewhere; in the Indre, for example, it has proved a stepping-stone to the position of small capitalist.
The introduction can be printed afterwards, I suppose? I conclude you will publish on the half-profit plan, though my past experience of that system does not lead me to regard it as the road to fortune. Of our military volume about 650 copies were sold, and Chesney and I made 2 L. 3s. 0d. apiece! To this Mr. Longman replied: From Mr. T. Longman January 14th.
He accordingly wrote to Goodrich fortunately before his mill-dam gave way suggesting the publication of a volume of Hawthorne's stories, and offered to guarantee the publisher against loss. This proposition was readily accepted, but Bridge might have made a much better bargain. What it amounted to was, the half-profit system without the half-profit.
"There are no manufacturers at Moulins to enrich the people, and, what with high rents and low prices, the half-profit system does not pay. If money is made, it is by the tenant-farmer, not by the metayer." Curious and instructive is the fact that the most Catholic and aristocratic centres in France should often be the poorest; Moulins and the Allier afford but one example out of many.
This part of France is not a region of prosperous peasant farmers, nor is it a chess-board of tiny crops, the four or five acre freeholds of small owners cut up into miniature fields. I had a long talk with a countryman, and he informed me that, as in Arthur Young's time, the land belongs to large owners, and is still, as in his time, cultivated by metayers on the half-profit system.
His publisher, for our Vicar did a little in the way of light literature on social subjects, and had brought out a pretty volume in green and gold on the half-profit system, intending to give his share to a certain county hospital, his publisher had been in the north since the 12th, and would not be back for three weeks.
It would not, for instance, be fair that in addition to all that I am proposing to do for you, I should also play Scaramouche and write your scenarios without any reward outside of the half-profit which would come to me as a partner.
They were simple; such articles of value as we could carry were packed into the waggon and the best of the cattle we drove with us. The place with the store and the rest of the stock were handed over to Thomaso on a half-profit agreement under arrangement that he should remit the share of Inez twice a year to a bank on the coast, where her father had an account.
Six years later appeared two volumes entitled "A History of England under the Duke of Buckingham and Charles I." This installment paid expenses, but no profit. One is reminded of what Carlyle said about the pecuniary rewards of literary men in England: "Homer's Iliad would have brought the author, had he offered it to Mr. Murray on the half-profit system, say five-and-twenty guineas.
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