Nearly all of this land purchased by the peasantry comes directly or indirectly from the Noblesse, and much more will doubtless pass from the one class to the other if the Government continues to encourage the operation; but already symptoms of a change of policy are apparent.  In the higher official regions it is whispered that the existing policy is objectionable from the political point of view, and one sometimes hears the question asked:  Is it right and desirable that the Noblesse, who have ever done their duty in serving faithfully the Tsar and Fatherland, and who have ever been the representatives of civilisation and culture in Russian country life, should be gradually expropriated in favour of other and less cultivated social classes?  Not a few influential personages are of opinion that such a change is unjust and undesirable, and they argue that it is not advantageous to the peasants themselves, because the price of land has risen much more than the rents.  It is not at all uncommon, for example, to find that land can be rented at five roubles per dessyatin, whereas it cannot be bought under 200 roubles.  In that case the peasant can enjoy the use of the land at the moderate rate of 2 1/2 per cent. of the capital value, whereas by purchasing the land with the assistance of the bank he would have to pay, without sinking fund, more than double that rate.  The muzhik, however, prefers to be owner of the land, even at a considerable sacrifice.  When he can be induced to give his reasons, they are usually formulated thus:  “With my own land I can do as I like; if I hire land from the neighbouring proprietor, who knows whether, at the end of the term, he may not raise the rent or refuse to renew the contract at any price?”

Even if the Government should continue to encourage the purchase of land by the peasantry, the process is too slow to meet all the requirements of the situation.  Some additional expedient must be found, and we naturally look for it in the experience of older countries with a denser population.

In the more densely populated countries of Western Europe a safety-valve for the inordinate increase of the rural population has been provided by the development of manufacturing industry.  High wages and the attractions of town life draw the rural population to the industrial centres, and the movement has increased to such an extent that already complaints are heard of the rural districts becoming depopulated.  In Russia a similar movement is taking place on a smaller scale.  During the last forty years, under the fostering influence of a protective tariff, the manufacturing industry has made gigantic strides, as we shall see in a future chapter, and it has already absorbed about two millions of the redundant hands in the villages; but it cannot keep pace with the rapid increasing surplus.  Two millions are less than two per cent. of the population.  The great mass of the people has always been, and must long continue to be, purely