“What made him stop?”
“Finding that he would not be repaid for a further outlay.”
“What did he do with his money then?”
“He came to the surveyor and agent, and told them that the corn raised would sell much higher if there was an easier way of getting it into a good market. There were so few who wanted to buy corn within a convenient distance of this little settlement, that it was sold very cheap indeed, and was often changed away for things not half the value it would have had in a town. Forbes thought it would be worth while to make a good road to join a canal on which there was traffic to many populous places. He offered to advance a part of the capital necessary, if the agent would pay the rest. It was done, and all parties found the advantage of it. Poor Keith began to prosper now, though he had to pay rent, and to see it raised from time to time.”
“What! Rent raised again! Every thing seems to raise rent.”
“High prices do, as a matter of course. When the corn sold so well as to afford the settlers a fine profit, other settlers were in a hurry to come and grow corn, and the original cultivators improved their land more and more, and rents rose in proportion. Those who had long leases got up in the world rapidly, and the owners of the land were presently much more than paid for making the road.”
“But, Angus, rent seems to rise and rise for ever!”
“It would do so, if all countries were in the state of the one I have been describing. Wherever there is the greatest variety of soil, and the largest demand for food, rent rises fastest. The more equal in productiveness lands are made by improvement, and the more easy it is to obtain supplies from other places, the slower is the rise of rent. Forbes and Canmore were expecting to have their rents lowered when I left them, for it was so easy to get corn in abundance that the price had fallen very much, and would not pay for tilling some stubborn soils, which were therefore let out of cultivation.”
“I wish you would tell the Murdochs this,” said Ella. “They want me to think it hard of the laird to ask rent for my fishery; and they say that the price of herrings will rise as fast as the islands pay rent.”
“The laird can have no rent unless it answers to you to pay it. You bargain for a mutual advantage. He receives money for the use of the land and sea belonging to him, and you have the benefit of a good station.”