4 JANUARY 1896, Page 35

tax labour, which should be left free. Land alone should

be taxed." This is the significant sentence in Mr. Laycock's volume. We shall not attempt to analyse or to refute the arguments by which he arrives at it; but we may remark that we raise more than £90,000,000 by taxation, and that the total rent of the land is £51,811,000 (the figure for 1577, and by this time seriously diminished).