"Why should I charge more? They are the ones who are doing the land good. You see, the use of this rent-accumulation to reduce their interest rate for the first year or two, is a part of my general scheme. They are to apply their half-yearly rents as purchase money for their land; this is in the deeds. Within a comparatively short period, this assures to each of them a freehold. The valuation I have put on their land is regulated by the amount of work they have put out on it, and the time they have lived on it.
"Take old Mère Guillardeau, for instance. She has an 'arpent' now of her very own. She, and her father, and her father's father have lived on these seigniory lands for nearly two hundred years. I value that land by discounting the value of the service rendered to it in four generations. Her little 'cabane' is her own, having been built by her father. The land is worth to her all the accumulated value of those generations of toil; to me, who have never done anything for it, neither I nor my fathers, it is worth exactly ten dollars—now, don't laugh!—her yearly rent."
"And that buys it!" I exclaimed, wondering what kind of finance this might be, frenzied or sane.
"It is hers—and I have the pleasure of knowing it is hers while I am living. She and her old daughter of seventy drove out here the other day in Farmer Boucher's cart, and when she went home she carried the deed with her to have it registered. Old André's sister is a hundred years old in January—a hundred years, the product of one piece of land, for, practically they have lived from it with a yearly pig, a cow, a few hens and a garden. Ninety years of toil she has spent upon it. Would you, in the circumstances, have dared to make the time of purchase one year, six months even, and she nearly a centenarian?"
"No." I was beginning to understand.
"And take old Jo Latour. You know him well, for I hear from him how many times you have been there on snow-shoes to take him something 'comforting and warming', as he says. Jo has rheumatism, the kind that catches him when he is sitting in his chair or stooping, and prevents his getting up; and at last, when he manages to stand upright, it won't let him bend or sit down again until after painful effort. What can he do? Boil maple syrup once a year, or chop a cord or two of wood at a dollar a cord? He is seventy-two and has no family as you know. What is he going to do when the pinch becomes too hard? He has a small woodlot, a little garden, a patch of tobacco—is happy all day long with his dog and pipe, despite that rheumatic crippling. I have valued his lot at twenty dollars, and a year's rent will pay for it—with the help of this," he added, touching the box.
"I am learning how to take hold of the matter by the handle. Enlighten me some more, please."
"I could go on for hours into more detail, but I am going to mention only two other families, to show how my plan works. There are Dominique Montferrand and Maxime Longeman, men of thirty or thereabouts, fine strong men with their broods of six and eight. They marry young; work hard and faithfully; shun the cabarets; save their surplus earnings. They were born on the land; they love it and give it of their best toil; it responds to good treatment. Their dairy is one of the best; their stock superior. They have seventy-five acres each. I asked them to value it themselves. They showed they appreciated the worth of the land by the price they set: four thousand dollars—four thousand 'pièces'. They would not cheapen it—not even for the sake of getting it more quickly. A man appreciates that spirit. I have set the period for half-yearly payments at ten years—and I will help out with improved farm implements at the rate of interest I mentioned.
"In less than ten years, if the crops are good, it is theirs. If the crops are poor, they can still pay for it in the period set. They are young. They have something to work for during the best years of their lives."
"But how do you feel about parting with all this land that was your ancestors? Are n't you, too, bound to it by ties of value given?"