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Seriously, as though he were engaged upon a game, he would cut the skin into thinnest strips, unbroken to the end, and would hold up the coil for us to see. Or if he broke it in the cutting it was a point against him in the contest. His diversion rather than his profit was the care and rental of about twenty small houses, some of which he built to fit his pensioners.
It is difficult in mixed enterprises of this nature to tell what the rate of profit upon the tenement part of the business is, since the rental and the factory react upon each other; but in the American instances quoted in this article the investment as a whole is remunerative.
The example of this energetic money-getter also illustrates many ways in which the nobleman of business tastes could increase his profits without extending his enterprises far from the capital. It was possible to exploit the growing taste in country villas, in streams and lakes and natural woods; to buy a likely spot for a small price, let it at a good rental, or sell it at a larger price.
The owner of it got little or no rental from the tenant farmer who carried on his noisome business but he was well aware of its nuisance value to his new neighbor. Here indeed was a situation requiring the services of that middle man, the real estate broker. The latter was a good business man and by using all his guile, he eventually acquired the hog farm for his client at a fair price.
If you let the house you will come into possession of your forty thousand francs for the last year of the lease in two months from now; and that will not prevent Thuillier from drawing his quarterly ten thousand of the rental." After casting this hope into the mind of the old maid, who was jubilant, Theodose drew Thuillier into the garden and said to him, without beating round the bush:
He let the roof all out of repair, and committed waste beside in timber he had no right to in life, as I am told; but that don't signify much, only the house will cost me a pretty penny to get it into order and furnish. The rental is five thousand a-year and some hundreds, and the rents can be got up a bit so Larkin tells me. Do you know anything of him?
"Go to, woman," said the Sub-Prior; "send for workmen from the clachan, and let them charge the expense of their repairs to the Community, and I will give the treasurer warrant to allow them. Moreover, in settling the rental mails, and feu-duties, thou shalt have allowance for the trouble and charges to which thou art now put, and I will cause strict search to be made after thy son."
I was conscious, however, of my own limitations, these relating mainly to matters of statistical fact, such as the exact proportion borne in a country like the United Kingdom by the aggregate rental of the landlords to the aggregate income of the capitalists on the one hand and that of the mass of manual workers on the other.
I was astonished at the strings of dwellings, side by side, stript, more or less, of the commonest household utensils the poor little bare houses, often crowded with lodgers, whose homes had been broken up elsewhere; sometimes crowded, three or four families of decent working people in a cottage of half-a-crown a-week rental; sleeping anywhere, on benches or on straw, and afraid to doff their clothes at night time because they had no other covering.
Taking this fact into consideration, therefore, the generous parent consented to abandon his share of the business but not the business premises; and the rental was still maintained at the famous sum of twelve hundred francs per annum. The old man came into town very seldom after the paper was sold to the Cointets.
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