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Principles of Political Economy, Vol. 2

Note 155-3 — Chapter II

John J. (John Joseph) Lalor translation

The custom began to be more usual in Russia also to say "so many dessjatines and the peasantry belonging thereto." This was especially so in the case of very fertile land, as for instance in Orel. See v. Haxthausen, Studien, II, 510. Formerly the bank loaned only 250 per soul, afterwards up to 300 R. Bco. (II, 81). Spite of this v. Haxthausen thinks that rent would be illusory, in Russia, in case agriculture was carried on with hired workmen. (I, Vorrede, XIII.) Carey's remark, "every one is familiar with the fact that farms sell for little more than the value of the improvements," may be true of the United States (The Past, Present and Future, 60.)

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