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Updated: June 29, 2025


A great exodus of the Serb population took place to the south, west, and north; but large numbers, especially of the landowning class, embraced the faith of their conquerors in order to retain possession of their property. In 1482 a similar fate befell Hercegovina. Albania had already been conquered after stubborn resistance in 1478.

The region round Nanking was the economic centre of China. Soon the Manchus were in the adjoining southern provinces, and thus they conquered the whole of the territory of the landowning gentry, who after the events of the beginning of the seventeenth century had no longer trusted the Ming rulers.

This solitary bank was run by some of the old landowning families who fully understood the danger involved in the triumph of the democratic ideas represented by Jefferson; a danger far overestimated, however, since win as democratic principles did, the propertied class continued its victorious march, for the simple reason that property was able to divert manhood suffrage to its own account, and to aggrandize itself still further on the ruins of every subsequent similar reform expedient.

Hitherto, the result of the balance between the landowning and commercial elements has been steadiness of political progress, in contrast on the one hand to the commercial republics of Italy, whose political progress was precocious and rapid but shortlived, and on the other hand to great feudal kingdoms where commerce was comparatively weak. England, as yet, has taken but few steps backwards.

Under the Chinese economic system, large-scale landowning always proved socially and politically injurious. Up to very recent times the peasant who rented his land paid 40-50 per cent of the produce to the landowner, who was responsible for payment of the normal land tax. The landlord, however, had always found means of evading payment.

These three questions point at the principle of landowning. Another question rises: Is it good for a nation for the great majority to retain life only on condition that there is someone ready to pay wages for their work and able to discard them? Their spontaneous industry causes overproduction, and leads to the dismissal of many workmen.

That is a sentiment confined to the landowning class to those who inherit great houses where the ancient rookery with its crowd of big, black, contentious birds caw-cawing on the windy elms, has come to be an essential part of the establishment, like the gardens and park and stables and home-farm and, one might add, the church and village.

But his immense income came to him apparently from quite other sources mines, railways, foreign investments; and with all the human relations involved in landowning he was totally unfit to deal. Hence these endless quarrels with his tenants to whom he never allowed a lease; these constant evictions; these litigations as to improvements, compensation, and heaven knows what.

The same term was applied to the numerous grants which churches made from their vast possessions for limited periods and upon various conditions. We also find the Frankish kings and other great landowners disposing of their lands in a similar fashion. The beneficium forms the first stage in the development of mediæval landowning.

If a man happens to be born to a job he is not in the least fitted for, that's the affair of Providence. My proper job was to dig up and decipher what is left of the Greeks. And if any one says that the two jobs are not tanti, and the landowning job is more important than the other, I disagree with him entirely, and it would be impossible for him to prove it.

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