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Updated: May 12, 2025
A pineapple plantation, for the investor of limited means, ought to prove profitable and encouraging. The first year of cultivation will produce a crop, at a final cost of 40 pesos an acre, including the land-rent. The return is put down at 200 pesos, leaving a gorgeous net profit of 160 pesos.
"Who I? I am as free as the wind at Martinmas, that pays neither land-rent nor annual; all is explained all settled with the honest old drivellers yonder of Auld Reekie. Pooh! pooh! they dared not keep me a week of days in durance. A certain person has better friends among them than you wot of, and can serve a friend when it is least likely."
But if this is the interest of every sovereign, it is peculiarly so of one whose revenue, like that of the sovereign of Bengal, arises chiefly from a land-rent. That rent must necessarily be in proportion to the quantity and value of the produce; and both the one and the other must depend upon the extent of the market.
The land-tax, we may say the land-rent, is the main source of revenue, but it is alarming to think of dependence on the opium monopoly for the millions it contributes. Intoxicating drugs are largely used in India, and among them opium holds the favourite place.
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