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The Squire admitted this, and breathed a deep breath.

“Now,” said the Economist, waving his arm again at the field, “take this field, for instance.”

There it lay, silent and sullen under the mist. There was no noise of animals in the brakes, the dirty boundary stream lay sluggish and dead, and the rank weeds had lost all colour. One could note the parallel belts of rounded earth where once—long, long ago—this field had been ploughed. No other evidence was there of any activity at all, and it looked as though man had not seen it for a hundred years.

“Now,” said the Economist, “what is the value of this field?”

The Squire had begun his answer, when his friend interrupted him testily. “No, no, no; I don’t want to ask about your private affairs; what I mean is, what is it builds up the economic value of this field? It is not the earth itself; it is the use to which man puts it. It is the crops and the produce which he makes it bear and the advantage which it has over other neighbouring fields. It is the surplus value which makes it give you a rent. What gives this field its value is the competition among the farmers to get it.”