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capable of indefinite multiplication; has always of course been






abstractedly true; but; like many other principles of Political






Economy; its value depends on the circumstances to which it is






applied。 In very ancient times land was a drug; while capital was






extremely perishable; added to with the greatest difficulty; and






lodged in very few hands。 The proportionate importance of the two






requisites of cultivation changed very slowly; and it is only






quite recently that in some countries it has been well…nigh






reversed。 The ownership of the instruments of tillage other than






the land itself was thus; in early agricultural communities; a






power of the first order; and; as it may be believed that a stock






of the primitive capital larger than usual was very generally






obtained by plunder; we can understand that these stocks were






mostly in the hands of noble classes whose occupation was war;






and who at all events had a monopoly of the profits of office。






The advance of capital at usurious interest; and the helpless






degradation of the borrowers; were the natural results of such






economical conditions。 For the honour of the obscure and






forgotten Brehon writers of the Cain…Saerrath and the






Cain…Aigillne; let it not be forgotten that their undertaking was






essentially the same as that which went far to immortalise one






great Athenian legislator。 By their precise and detailed






statements of the proportion which is to be preserved between the






stock which the Chief supplies and the returns which the tenant






pays; they plainly intend to introduce certainty and equity into






a naturally oppressive system。 Solon; dealing with a state of






society in which coined money had probably not long taken the






place of something like the 'seds' of the Brehon law; had no






expedient open to him but the debasement of the currency and the






cancellation of debts; but he was attacking the same evil as the






Brehon lawyers; and equally interfering with that freedom of






contract which wears a very different aspect according to the






condition of the society in which it prevails。






    The great part played in the Brehon law by Cattle as the






oldest form of Capital ought further to leave no doubt of the






original objects of the system of 'eric'…fines; or pecuniary






composition for violent crime。 As I said before; no Irish






institution was so strongly denounced by Englishmen as this; or






with so great a show of righteous indignation。 As members of a






wealthy community; long accustomed to a strong government; they






were revolted partly by its apparent inadequacy and partly the






unjust impunity which it seemed to give to the rich man and to






deny to the poor。 Although the English system of criminal






penalties which they sought to substitute for the Irish system of






compositions would nowadays be described by an ordinary writer in






pretty much as dark colours as those used by Spenser and Davis






for the Irish institution; it is very possible that in the






sixteenth century it would have been an advantage to Ireland to






have the English procedure and the English punishments。 There is






much evidence that the usefulness of 'eric'…fines had died out;






and that they unjustly profited the rich and powerful。 But that






only shows that the confusions of Ireland had kept alive beyond






its time an institution which in the beginning had been a great






step forwards from barbarism。 If the modern writers who have






spoken harshly of these pecuniary compositions had come upon a






set of usages belonging to a society in which tribe was






perpetually struggling with tribe; and in which life was held






extraordinarily cheap; and had found that; by this customary law;






the sept or family to which the perpetrator of a crime belonged






forfeited a considerable portion of its lauds; I am not sure that






they would not have regarded the institution as showing for the






age an extremely strict police。 But in the infancy of society a






fine on the cultivating communities; of the kind afterwards






called pecuniary; was a much severer punishment than the






forfeiture of land。 They had plenty of land within their domains;






but very slight appliances for cultivating it; and it was out of






these last that compositions were paid。 The system of course lost






its meaning as the communities broke up and as property became






unequally divided。 In its day; nevertheless; it had been a great






achievement; and there are traces of it everywhere; even in Roman






law; where; however; it is a mere survival。






    Before I quit the subject let me say something on the






etymology of the famous word; Feodum; Feud; or Fief。 The






derivation from Emphyteusis is now altogether abandoned; and






there is general; though not quite universal; agreement that






Feodum is descended from one or other of the numerous family of






old Teutonic terms which have their present representative in the






modern German Vieh; 'cattle。' There is supposed to have been much






the same transmutation of meaning which occurred with the






analogous Latin word。 Pecunia; allied to pecus; signified first






money; and then property generally; the Roman lawyers; in fact;






tell us that it is the most comprehensive term for all a man's






property;' and in the same way 'feodum' is supposed to have come






to mean 'property;' from having originally meant 'cattle。' The






investigations we have been pursuing may perhaps; however;






suggest that the connection of 'feodum' with cattle is closer and






more direct than this theory assumes。 Dr Sullivan; I ought to






add; assigns a different origin to 'feodum' from any hitherto put






forward (Introd。 p。 ccxxvi)。 He claims it as a Celtic word; and






connects it with fuidhir; the name of a class of denizens on






tribal territory whose status I am about to discuss。






    The territory of every Irish tribe appears to have had






settled on it; besides the Saer and Daer Ceiles; certain classes






of persons whose condition was much newer to slavery than that of






the free tribesman who; by accepting stock from the Chief; had






sunk lowest from his original position in the tribal society。






They are called by various names; Sencleithes; Bothachs; and






Fuidhirs; and the two last classes are again subdivided; like the






Ceiles; into Saer and Daer Bothachs; and Saer and Daer Fuidhirs。






There is evidence in the tracts; and especially in the






unpublished tract called the 'Corus Fine;' that the servile






dependants; like the freemen of the territory; had a family or






tribal organisation; and indeed all fragments of a society like






that of ancient Ireland take more or less the shape of the






prevailing model。 The position of the classes; obscurely






indicated in Domesday and other ancient English records as Cotwii






and Bordarii; was probably very similar to that of the






Sencleithes and Bothachs; and in both cases it has been suspected






that these servile orders had an origin distinct from that of the






dominant race; and belonged to the older or aboriginal






inhabitants of the country。 Families or sub…tribes formed out of






them were probably hewers of wood and drawers of water to the






ruling tribe or its subdivisions。 Others were certainly in a






condition of special servitude to the Chief or dependence on him;






and these last were either engaged in cultivating his immediate






domain…land and herding his cattle; or were planted by him in






separate settlements on the waste land of the tribe。 The rent or






service which they paid to him for the use of this land was






apparently determinable solely by the pleasure of the Chief。






    Much the most important; and much the most interesting of






these classes from the historical point of view; was that just






described as settled by the Chief on the unappropriated tribal






lands。 Indeed; it has been suggested that its fortunes are






identical with those of the great bulk of the Ir
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