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Add. MS a/202/53 · Item · 31 Jan. 1863
Part of Additional Manuscripts a

Queen's College - CBC thanks WW for a copy of his Six Lectures on Political Economy. He follows the Ricardian view of rent and does not accept WW's or Richard Jones's criticism of it: 'I do not admit the force of the objection that in the great majority of cases throughout the world the Ricardian rent is not the rent actually paid...the Ricardian rent is the rack-rent plus the tenants rates and taxes'. CBC sees no problem applying this to any type of agriculture. WW's 5th lecture is 'most interesting and satisfactory, but the late rise in rents does not mitigate against Ricardo's theorems as deduced from his definition of rent'.