To-day, gentlemen, as I know that many among you are interested in the land, and as I feel that what is termed “agricultural distress” is at the present moment a topic too serious to be omitted from our consideration, I shall say some words upon the subject of that agricultural distress, and particularly, because in connection with it there have arisen in some quarters of the country proposals, which have received a countenance far beyond their deserts, to reverse or to compromise the work which it took us one whole generation to achieve, and to revert to the mischievous, obstructive, and impoverishing system of protection.[66] Gentlemen, I speak of agricultural distress as a matter now undoubtedly serious. Let none of us withhold our sympathy from the farmer, the cultivator of the soil, in the struggle he has to undergo. His struggle is a struggle of competition with the United States. But I do not fully explain the case when I say the United States. It is not with the entire United States, it is with the Western portion of these States—that portion remote from the seaboard; and I wish in the first place, gentlemen, to state to you all a fact of very great interest and importance, as it seems to me, relating to and defining the point at which the competition of the Western States of America is most severely felt. I have in my hand a letter received recently from one well known, and honorably known, in Scotland—Mr. Lyon Playfair, who has recently been a traveller in the United States, and who, as you well know, is as well qualified as any man upon earth for accurate and careful investigation.[67] The point, gentlemen, at which the competition of the Western States of America is most severely felt is in the Eastern States of America. Whatever be agricultural distress in Scotland, whatever it be, where undoubtedly it is more felt, in England, it is greater by much in the Eastern States of America. In the States of New England the soil has been to some extent exhausted by careless methods of agriculture, and these, gentlemen, are the greatest of all the enemies with which the farmer has to contend.

But the foundation of the statement I make, that the Eastern States of America are those that most feel the competition of the West, is to be found in facts,—in this fact above all, that not only they are not in America, as we are here, talking about the shortness of the annual returns, and in some places having much said on the subject of rents, and of temporary remission or of permanent reduction. That is not the state of things; they have actually got to this point, that the capital values of land, as tested by sales in the market, have undergone an enormous diminution. Now I will tell you something that actually happened, on the authority of my friend Mr. Playfair. I will tell you something that has happened in one of the New England States,—not, recollect, in a desert or a remote country,—in an old cultivated country, and near one of the towns of these States, a town that has the honorable name of Wellesley.

Mr. Playfair tells me this: Three weeks ago—that is to say, about the first of this month, so you will see my information is tolerably recent,—three weeks ago a friend of Mr. Playfair bought a farm near Wellesley for $33 an acre, for £6 12s. an acre—agricultural land, remember, in an old settled country. That is the present condition of agricultural property in the old States of New England. I think by the simple recital of that fact I have tolerably well established my case, for you have not come in England, and you have not come in Scotland, to the point at which agricultural land is to be had—not wild land, but improved and old cultivated land,—is to be had for the price of £6 12s. an acre. He mentions that this is by no means a strange case, an isolated case, that it fairly represented the average transactions that have been going on; and he says that in that region the ordinary price of agricultural land at the present time is from $20 to $50 an acre, or from £4 to £10. In New York the soil is better, and the population is greater; but even in the State of New York land ranges for agricultural purposes from $50 to $100, that is to say, from £10 to £20 an acre.

I think those of you, gentlemen, who are farmers will perhaps derive some comfort from perceiving that if the pressure here is heavy the pressure elsewhere and the pressure nearer to the seat of this very abundant production is greater and far greater still.

It is most interesting to consider, however, what this pressure is. There has been developed in the astonishing progressive power of the United States—there has been developed a faculty of producing corn for the subsistence of man, with a rapidity and to an extent unknown in the experience of mankind. There is nothing like it in history. Do not let us conceal, gentlemen, from ourselves the fact; I shall not stand the worse with any of you who are farmers if I at once avow that this greater and comparatively immense abundance of the prime article of subsistence for mankind is a great blessing vouchsafed by Providence to mankind. In part I believe that the cheapness has been increased by special causes. The lands from which the great abundance of American wheat comes are very thinly peopled as yet. They will become more thickly peopled, and as they become more thickly peopled a larger proportion of their produce will be wanted for home consumption and less of it will come to you, and at a higher price. Again, if we are rightly informed, the price of American wheat has been unnaturally reduced by the extraordinary depression, in recent times, of trade in America, and especially of the mineral trades, upon which many railroads are dependent in America, and with which these railroads are connected in America in a degree and manner that in this country we know but little of. With a revival of trade in America it is to be expected that the freights of corn will increase, and all other freights, because the employment of the railroads will be a great deal more abundant, and they will not be content to carry corn at nominal rates. In some respects, therefore, you may expect a mitigation of the pressure, but in other respects it is likely to continue.

Nay, the Prime-Minister is reported as having not long ago said,—and he ought to have the best information on this subject, nor am I going to impeach in the main what he stated,—he gave it to be understood that there was about to be a development of corn production in Canada which would entirely throw into the shade this corn production in the United States. Well, that certainly was very cold comfort, as far as the British agriculturist is concerned, because he did not say—he could not say—that the corn production of the United States was to fall off, but there was to be added an enormous corn production from Manitoba,[68] the great province which forms now a part of the Canada Dominion. There is no doubt, I believe, that it is a correct expectation that vast or very large quantities of corn will proceed from that province, and therefore we have to look forward to a state of things in which, for a considerable time to come, large quantities of wheat will be forthcoming from America, probably larger quantities, and perhaps frequently at lower prices than those at which the corn-producing and corn-exporting districts of Europe have commonly been able to supply us. Now that I believe to be, gentlemen, upon the whole, not an unfair representation of the state of things.

How are you to meet that state of things? What are your fair claims? I will tell you. In my opinion your fair claims are, in the main, two. One is to be allowed to purchase every article that you require in the cheapest market, and have no needless burden laid upon any thing that comes to you and can assist you in the cultivation of your land. But that claim has been conceded and fulfilled.

I do not know whether there is an object, an instrument, a tool of any kind, an auxiliary of any kind, that you want for the business of the farmer, which you do not buy at this moment in the cheapest market. But beyond that, you want to be relieved from every unjust and unnecessary legislative restraint. I say every unnecessary legislative restraint, because taxation, gentlemen, is unfortunately a restraint upon us all, but we cannot say that it is always unnecessary, and we cannot say that it is always unjust. Yesterday I ventured to state—and I will therefore not now return to the subject—a number of matters connected with the state of legislation in which it appears to me to be of vital importance, both to the agricultural interest and to the entire community, that the occupiers and cultivators of the land of this country should be relieved from restraints under the operation of which they now suffer considerably. Beyond those two great heads, gentlemen, what you have to look to, I believe, is your own energy, your own energy of thought and action, and your care not to undertake to pay rents greater than, in reasonable calculation, you think you can afford. I am by no means sure, though I speak subject to the correction of higher authority,—I am by no means sure that in Scotland within the last fifteen or twenty years something of a speculative character has not entered into rents, and particularly, perhaps, into the rents of hill farms. I remember hearing of the augmentations which were taking place, I believe, all over Scotland—I verified the fact in a number of counties—about twelve or fourteen years ago, in the rents of hill farms, which I confess impressed me with the idea that the high prices that were then ruling, and ruling increasingly from year to year, for meat and wool, were perhaps for once leading the wary and shrewd Scottish agriculturist a little beyond the mark in the rents he undertook to pay. But it is not this only which may press. It is, more broadly, in a serious and manful struggle that you are engaged, in which you will have to exert yourselves to the uttermost, in which you will have a right to claim every thing that the legislature can do for you; and I hope it may perhaps possibly be my privilege and honor to assist in procuring for you some of those provisions of necessary liberation from restraint; but beyond that, it is your own energies, of thought and action, to which you will have to trust.

Now, gentlemen, having said thus much, my next duty is to warn you against quack remedies, against delusive remedies, against the quack remedies that there are plenty of people found to propose, not so much in Scotland as in England; for, gentlemen, from Mid-Lothian at present we are speaking to England as well as to Scotland. Let me give a friendly warning from this northern quarter to the agriculturist of England not to be deluded by those who call themselves his friends in a degree of special and superior excellence, and who have been too much given to delude him in other times; not to be deluded into hoping relief from sources from which it can never come. Now, gentlemen, there are three of these remedies. The first of them, gentlemen, I will not call a quack remedy at all, but I will speak of it notwithstanding in the tone of rational and dispassionate discussion. I am not now so much upon the controversial portion of the land question—a field which, Heaven knows, is wide enough—as I am upon matters of deep and universal interest to us in our economic and social condition. There are some gentlemen, and there are persons for whom I for one have very great respect, who think that the difficulties of our agriculture may be got over by a fundamental change in the land-holding system of this country.

I do not mean, now pray observe, a change as to the law of entail and settlement, and all those restraints which, I hope, were tolerably well disposed of yesterday at Dalkeith[69]; but I mean those who think that if you can cut up the land, or a large part of it, into a multitude of small properties, that of itself will solve the difficulty, and start everybody on a career of prosperity.