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Title:  Thoughts and details on scarcity: originally presented to the Right Hon. William Pitt, in the month of November, 1795. By the late ... Edmund Burke.
Author: Burke, Edmund, 1729-1797.
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fifty to three or four hundred acres. There are few in this part of the country within the former, or much beyond the latter, extent. Unquestion∣ably in other places there are much larger. But, I am convinced, whatever part of England be the theatre of his operations, a farmer who cultivates twelve hundred acres, which I consider as a large farm, though I know there are larger, cannot pro∣ceed, with any degree of safety and effect, with a smaller capital than ten thousand pounds; and that he cannot, in the ordinary course of culture, make more upon that great capital of ten thousand pounds, than twelve hundred a year.As to the weaker capitals, an easy judgment may be formed by what very small errors they may be farther attenuated, enervated, rendered unproduc∣tive, and perhaps totally destroyed.This constant precariousness and ultimate mo∣derate limits of a farmer's fortune, on the strongest capital, I press, not only on account of the hazard∣ous speculations of the times, but because the ex∣cellent and most useful works of my friend, Mr. Arthur Young, tend to propagate that error (such I am very certain it is, of the largeness of a far∣mer's profits. It is not that his account of the produce does often greatly exceed, but he by no means makes the proper allowance for accidents 0