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Changes in the Ownership of Land in Ross-shire. 301<br />

a republic, aiul the restoration of the inonarcliy— it will not soein<br />

unrcasoiialile to suppose that tiu- prospciity oi' the country may<br />

have been alleeted l)y the general turmoil, and the security of property<br />

have been so shaken that some fall in rents might naturally<br />

luive been anticipated. Tt is tiu^ extent of the fall which is at first<br />

sight surprising. The cause for surprise diminishes, however,<br />

when we reflect that in this year (188G) rents are suffering a similar<br />

reduction consequent on a fall in prices. I have had no opportun-<br />

ity of consulting books of reference in regard to rents or prices<br />

during the time of the Connnon wealth, but a friend has referred<br />

me to an extract from the audit-books of Eton College, published<br />

in David Macpherson's Annals of Connnerco (18()5), w<strong>here</strong> the<br />

price paid at Windsor for wheat and malt of the first quality is<br />

given for a great part of the seventeenth century. Unfortunately,<br />

the quotations for the years lG4:2-4() inclusive, are missing, and T<br />

have not succeeded in finding other sources of information. In<br />

IGI:7 tlie average price of the quarter of wheat (which at Windsor<br />

contained 9 bushels) was 73s. 8d.; in 16i8 it was 85s., from which<br />

point it fell steadily to 26s. in 1 654, when it began to rise again.<br />

In 1660 the average price was 56s. 6d. In Windsor market,<br />

t<strong>here</strong>fore, the value of wheat in the six years succeeding 1648 was<br />

depreciated to the extraordinary extent of nearly 70 per cent.<br />

and, notwithstanding the rise which tlien took place, its price in<br />

1660 was about 33 per cent, below that of 1648. Assuming that<br />

the high prices of 1647-48 were to some extent current as early as<br />

1644, and that the range of prices in Scotland and Kngland did<br />

not materially differ, the fall from the rent of 1644 which we find<br />

in the valuation of 1660, would be sufficiently accounted for by<br />

the variations in the price of agricultural produce, of which wheat<br />

may be taken as an indicator. I have little doubt, t<strong>here</strong>fore, that<br />

the valuation of 1660, equally<br />

actual value of the time.<br />

with that of 1644, represents the<br />

I <strong>here</strong> give a statement of the valuations of 1643 and 1660<br />

side by side for each of the parishes in Ross-shire, premising however<br />

that I have a doubt whether in all cases the parish areas are<br />

identical in the two valuations. The adjoining {parishes of Gair-<br />

loch and Lochbroom for instance, taken together, show a fall of<br />

about 25 per cent., but while the fall in one had been 45 per cent.,<br />

tlie other had an actual increase of 8 per cent. W<strong>here</strong> t<strong>here</strong> is<br />

no reason to suspect discrepancies in the parochial areas, it will<br />

be noticed that the greatest reductions on the old valuations<br />

generally occur in the low-lying arable parishes; whence we may<br />

conclude that t<strong>here</strong> had been a greater depreciation in the price<br />

of corn than in the price of cattle. Here is the statement :<br />

—<br />

;

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