Chapter VI

. Of Rent.

§ 1. Rent the Effect of a Natural Monopoly. § 2. No Land can pay Rent except Land of such Quality or Situation as exists in less Quantity than the Demand. § 3. The Rent of Land is the Excess of its Return above the Return to the worst Land in Cultivation. § 4. —Or to the Capital employed in the least advantageous Circumstances. § 5. Opposing Views of the Law of Rent. § 6. Rent does not enter into the Cost of Production of Agricultural Produce.

## Book III. Exchange.

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