000,000l.—that is to say, while the agricultural income of France increased forty per cent. in thirteen years, the agricultural income of England increased twenty per cent. in thirty-four years. The increase in France was three per cent. per annum; the increase in England was about one-half or three-fifths per cent. per annum. Now, gentlemen, I wish this justice to be done to a system where peasant proprietary prevails. It is of great importance. And will you allow me, you who are Scotch agriculturists, to assure you that I speak to you not only with the respect which is due from a candidate to a constituency, but with the deference which is due from a man knowing very little of agricultural matters to those who know a great deal? And there is one point at which the considerations that I have been opening up, and this rapid increase of the value of the soil in France, bear upon our discussions. Let me try to explain it. I believe myself that the operation of economic laws is what in the main dictates the distribution of landed property in this country. I doubt if those economic laws will allow it to remain cut up into a multitude of small properties like the small properties of France. As to small holdings, I am one of those who attach the utmost value to them. I say that in the Lothians—I say that in the portion of the country where almost beyond any other large holdings prevail—in some parts of which large holdings exclusively are to be found—I attach