48. As he will have to pay for the “tenant-right,” the in-coming tenant will have less capital to invest in the soil than at present, while the sum he has paid will be taken out of the land for ever; thus, on both hands, the capital available for these purposes would be diminished, and production would suffer.
Further evils which would result from the adoption of the three F’s.
49. By making the landlord merely a rent-charger, and depriving him of all power or interest in his land, absenteeism and non-residence, with their attendant evils, would be enormously increased.
50. The proposed scheme would perpetuate the present system of landlord and tenant, while the desirable aim should be to increase the number of proprietors.
51. The tenant, possessing security of tenure, would be less desirous of purchasing land, while sale, except to the tenant, would be greatly hindered.
52. It would perpetuate the absurd distribution of land at present existing in many parts of Ireland.
53. While it would confirm not only good and bad tenants in their tenure of land and affect equally good and bad landlords,
54. It would increase the antagonism between the landlord and the tenant;
55. It would be practically impossible to prevent subdivision and subletting with their manifold attendant evils.