Effect of Changing Prices Upon Income to Land From Cattle and Sheep Ranching, as Illustrated by Data for Montana, 1910 to 1936 (Classic Reprint)

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Excerpt from Effect of Changing Prices Upon Income to Land From Cattle and Sheep Ranching, as Illustrated by Data for Montana, 1910 to 1936Strictly speaking, rent is paid for he use of land only, and not for the use of improvements on the land. When these improvements cannot be detached, and when similar improvements are necessary in order to use the land efficiently rent is paid to cover both land and improvements. Capital has frequently been invested in the land itself, in clearing, draining, or irrigating, as well as on the land, for buildings, fences, or other improvements. Rent, as we ordi~ narily see it, consists partly of a return to land and partly of a return to previously invested capital.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.