Tobacco Prices

⁴³ In Virginia and Maryland, tobacco cultivation is preferred as more profitable than wheat.

Tobacco is discouraged in Europe because it is taxed heavily.

Tax collection on tobacco plantations is more difficult than taxing it on its importation at the custom-house.

Tobacco cultivation has been absurdly banned in most of Europe.

It gives a monopoly to tobacco countries, specifically Virginia and Maryland which produce most of it.

However, tobacco cultivation seems not to be so advantageous as sugar cultivation.

No tobacco plantation or colony sends us wealthy planters as we see frequently arriving from our sugar islands. European sugar supply appears less than the tobacco supply despite the preference to tobacco cultivation over wheat.

The natural price of tobacco is still less than the natural price of sugar, relative to the natural price of wheat. Our tobacco planters, accordingly, feared the super-abundance of tobacco in the same way the proprietors of old French vineyards fear the super-abundance of wine.

By act of assembly, they have restrained its cultivation to 6,000 plants yielding 1,000 weight of tobacco, for every negro between 16 and 60 years old. Such a negro can manage four acres of Indian wheat.

To prevent the market from being overstocked, Dr. Douglas (I suspect he has been ill informed) says they burnt a quantity of tobacco for every negro, in the same way the Dutch burnt their spices. If such violent methods are needed to keep up tobacco prices, its superiority over wheat will probably not remain long.

⁴⁴ In this way, the rent of the cultivated lands for human food regulates the rent of most other cultivated lands.

No produce can long afford less because the land would immediately be turned to another use.

If any produce affords more, it is because the land is too small to supply the effective demand. 45 In Europe, wheat serves immediately as human food and is the principal produce.

Except in particular situations, the wheat rent regulates all other cultivated lands in Europe.

Britain does not need to envy the French vineyards nor the Italian olive plantations. Except in particular situations, their value is regulated by wheat. The fertility of British wheat lands is not much inferior than France or Italy.

Rice

⁴⁶ If a staple crop could be grown in the same lands that could be used for wheat and produce a greater abundance than wheat, then the rent of the landlord would be much greater.

This surplus would allow him to maintain more labour and therefore increase the real value of his rent.

⁴⁷ A rice field produces more food than the most fertile wheat field.

Two crops in the year from 30-60 bushels each, are the ordinary produce of an acre. Rice cultivation needs more labour than wheat. But rice produces more surplus after maintaining all that labour. In those rice countries, more of this surplus should belong to the landlord than in wheat countries.

In Carolina: the planters are both farmers and landlords, and the rent is confounded with profit

Rice cultivation is more profitable than wheat in Carolina even though:

• their fields produce only one crop per year, and
• rice is not the people’s common and favourite food

⁴⁸ A good rice field is a bog at all seasons.

In one season, it is covered with water. It is unfit for wheat, pasture, vineyard, or any other vegetable produce. The lands which are fit for wheat, pasture, vineyard are not fit for rice. Therefore, even in the rice countries, the rent of rice cannot regulate the rent of other cultivated lands because these can never be turned to rice.

Potatoes and Oats

⁴⁹ The amount of food produced by potato fields is:

• not inferior to the amount produced by rice fields
• much superior to what is produced by wheat fields

12,000 weight of potatoes from an acre is not a greater produce than 2,000 weight of wheat.

The food drawn from potatoes and wheat is proportional to their weight because of the water content of potatoes.

If half of a potato’s weight is water, an acre of potatoes will still produce 6,000 weight of food, three times that of an acre of wheat.

An acre of potatoes is cultivated more cheaply than an acre of wheat. The fallow which precedes wheat sowing is more costly than the hoeing given to potatoes.

The same amount of cultivated land would maintain more people if potatoes:

• become a common and favourite food of the people in any part of Europe, and
• occupy so many lands.

The landlord and the labourers, fed with potatoes, will have more surplus. The population would increase. Rents would rise much beyond what they are at present.

⁵⁰ The land fit for potatoes is fit for other vegetables.

If potatoes occupied the present wheat lands, they would likewise regulate the rent of most other cultivated lands.

⁵¹ In some parts of Lancashire and Scotland, it is pretended that oatmeal bread is heartier for labouring people than wheaten bread.

I doubt it.

The common people in Scotland who eat oatmeal are not as strong, handsome, nor work nor look so well as those of England who eat wheaten bread.

Oatmeal is not so suitable to the human constitution as wheat bread because there is no difference between richer people who eat wheat bread in both countries.

But potatoes are different. The chairmen, porters, prostitutes and coal-heavers in London are the strongest men and the most beautiful women in Britain.

They come from the poorest people in Ireland who eat potatoes. This proves the nourishing quality of potatoes.

⁵² It is difficult to preserve potatoes through the year.

It is impossible to store potatoes like wheat for two years.

The fear of not being able to sell them before they rot discourages their cultivation unlike bread which is the principal vegetable food of all.