This is another instance of the extension of insurance to a purpose
which at one time would have been pronounced Utopian; and which,
addressing itself exclusively to landed proprietors, promises to
collect their income without trouble and without loss. When a tenant
knows that his rent will be rigorously demanded, he feels that he
must provide the money or pay the penalty. There are no qualms of
conscience in companies; and though a man might try to play upon the
easy good nature of his landlord, such tricks would be vain against
them. Determined habits of thrift are thus engendered, property
becomes more valuable, the landlord receives his rents regularly, and
business proceeds like a machine. It may be said that the kindly
feeling between landlord and tenant disappears beneath the iron sway
of a public company; but however this may be regretted, it is only an
inevitable consequence of the changes of capital and the consequent
transfer of estates.