REST, considered as the price paid for the use of land, is naturally the highest which the tenant can afford to pay in the actual circumstances of the land. In adjusting the terms of the lease, the landlord endeavours to leave him no greater share of... Public Economy for the United States - Pagina 161de Calvin Colton - 1848 - 536 paginiVizualizare completă - Despre această carte
| Adam Smith - 1809 - 372 pagini
...naturally endeavours to reserve to himself as the rent of his land, which is evidently the highest the tenant can afford to pay in the actual circumstances of the land. Sometimes, indeed, the liberality, more frequently the ignorance of the landlord, makes him accept... | |
| ARCHIBALD CONSTABLE AND CO. - 1814 - 548 pagini
...equal, ' or continually tending to equality.' Still, it is no doubt true, as Dr Smith observes, that ' the price paid for the use of land, is ' naturally the highest whicL the tenant can afford to pay in the ' actual circumstances of the land;' but this is quite a... | |
| John Weyland - 1816 - 556 pagini
...greater mass of prejudice in general is found to exist. Dr. Adam Smith says* that " the rent of land, considered as the price paid for the use of land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement... | |
| John Weyland - 1816 - 538 pagini
...greater mass of prejudice in general is found to exist. Dr. Adam Smith says* that " the rent of land, considered as the price paid for the use of land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement... | |
| Samuel Read - 1829 - 440 pagini
...esteemed rent by the landlord who farms his own land. " Rent," therefore, as Dr Smith has observed, " considered as the price paid for the use of land,...naturally the highest which the tenant can afford to pay iu the actual circumstances of the land. In adjusting the terms of the lease, the landlord endeavours... | |
| Samuel Read - 1829 - 444 pagini
...naturally endeavours to reserve to himself as the rent of his land, which is evidently the highest the tenant can afford to pay in the actual circumstances of the land. Sometimes, indeed, the liberality, more frequently the ignorance of the landlord, makes him accept... | |
| Thomas Hopkins - 1834 - 362 pagini
...and other parts of * ** Rent," says Dr. Smith, " considered as the price paid for the use ef land, a naturally the highest which the tenant can afford to pay in the actual circumstances of the land." And again, " The rent of land, therefore, considered as the price paid for the use of the land, is... | |
| 1844 - 710 pagini
...contained substantially in the three following passages of the ' Essay on the Wealth of Nations ' : — " Rent considered as the price paid for the use of land,...to pay in the actual circumstances of the land."— Buik\,c. 11. " High or low wages and profit are the causes of high or low price ; high or low rent... | |
| Alexander Somerville - 1853 - 676 pagini
...Nations, book i., chapter ii., Smith says — " Rent, considered as the price paid for the use of land, it naturally the highest which the tenant can afford...In adjusting the terms of the lease, the landlord endeavours to leave him no greater VOL i 14 share of the produce than what is sufficient to keep up... | |
| Statistical and Social Inquiry Society of Ireland - 1876 - 574 pagini
...this point, Adam Smith says (Book 1, c. xi.): — "In adjusting the terms, the landlord endeavours to leave him no greater share of the produce than what is sufficient to keep up the stock, pay labour and other outgoings, together with ordinary profits on farming stock. . . . Improvements... | |
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