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Capitalist Production.

with the small shopkeepers and other elements of the lower middle class, falls in London more and more under the curse of these vile conditions of dwelling, in proportion as “improvements,” and with them the demolition of old streets and houses, advance, as factories and the afflux of human beings grow in the metropolis, and finally as house rents rise with the ground rents. “Rents have become so heavy that few labouring men can afford more than one room.”[1] There is almost no house-property in London that is not overburdened with a number of middlemen. For the price of land in London is always very high in comparison with its yearly revenue, and therefore every buyer speculates on getting rid of it again at a jury price (the expropriation valuation fixed by jurymen), or on pocketing an extraordinary increase of value arising from the neighbourhood of some large establishment. As a consequence of this there is a regular trade in the purchase of “fag-ends of leases.” Gentlemen in this business may be fairly expected to do as they do—get all they can from the tenants while they have them, and leave as little as they can for their successors.”[2]

The rents are weekly, and these gentlemen run no risk. In consequence of the making of railroads in the City, “the spectacle has lately been seen in the East of London of a number of families wandering about some Saturday night with their scanty worldly goods on their backs, without any resting place but the workhouse.”[3] The workhouses are already overcrowded, and the “improvements” already sanctioned by Parliament are only just begun. If labourers are driven away by the demolition of their old houses, they do not leave their old parish, or at most they settle down on its borders, as near as they can get to it. “They try, of course, to remain as near as possible to their workshops. The inhabitants do not go beyond the same or the next parish, parting their two-room tenements into single rooms, and crowding even those.… Even at an advanced rent, the people who are displaced will hardly be able to get an accommodation so good as the meagre one they

  1. Report of the Officer of Health of St. Martins-in-the-Fields, 1865.
  2. Public Health, eighth report, 1865, p. 91.
  3. l. c., p. 88