The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-04-07

the tenure by which they hold their farms.
Next. in most cases. 1t is necessary to have an
abstract Of title prepared to institute searches
in the Judgment and Registry Offices. and to
take an account OF thcl encumbrances, in order
10 be prepared for distribution Of the funds
which may arise from the sale. Whom these
conditions OF snlo are fulfilled the preparations
are complete. the estate is sold. and an indie I.
feasible title is handed over to the purchaser,
which puts finish to any possibility Of future
litigation
1t IL remarkable that n very small proportion
OF this immense amount Of property was bought
by others than Irshmcn. Tho state Of Ireland
prior to tho sale had been SO deplorablc that
English capitalists had not courage to invest.
Mr.. Brassey the great railroad contractor. who
left six millions sterling.at one time contemplate
ed huge purchases. but something turned hmat
the last moment from making them. In many
instances the sale of portion of the estate
sufllced to clear the rest and desperate efforts
were made 10 retain at any rate the mansion
house. Ii may he observed that nearly all the
families mcntonedin the letter we have quoted.
detailing the state Of Tippcrary. are possessors
Of their places to-day, though likely enough
with third Of the acreage they once had. But
now they IRE at least solvent. With few excep-
tions the very large holders Of property before
the famine remain. OF those cleaned out few,
so far as can be learned. left Ireland. unless
young men. Many retired to the suburbs of
Dublin. Their sons got Government places at
home or In India. or cmigratcd.
In 1858 nm act was passed extending the pow
ers Of the Encountered Estates Court to estates
not encountered and establishing its perpetual
jurisdiction under the title OF the Landed Es-
tates Court. report was recently Issued OF
its sales in 1876. The following is a summary:
In the province of Ulster the gross annual profit
rent OF property sold for the years 1856 was
s9,i55 f5s. Cd. and the gross purchase money
f2l. .7l9 l3s AL. For Munster the annual profit
rent for the two years was G9.G03 l0s. 3D.. and
the purchase money G20l 800 lbs Al. The profit
rent for the same period in the province Of
Lenster WINS f21 ,532 las. Id. and tho purchase
money flsS FAC les. while in Connaught the
gross annual profit rent was Gil 1862 9s. ID. and
the gross purchase money 1862 s7i rs. Id. The
average number Of years purchases in the four
provinces is as follows: Ulster. 1929: Munster.
2O.s2; Leinster. 22.69; and Connaught. 2l97.
In 1880, good land. even in Leinster. sold at
only 10 years rental. and great deal Of land in
Connaught at 10 to ~.
An idea Of the rise In Irish real estate may be
gained by particulars given six months ago in
reference TO some property sold in Kerry. In
1852. when matters had begun to mend. the
County Surveyor valued II at f2G.3i0; in 1875 II
was valued at s49.4s5; in March. 1877. Mt
$50. OOO a little later at e57 900; the tenant.
when 1t was nut up for sale. offered s75 600 and
Kerry-born San Francisco man had offered
100000. 1t was Inserted that tho propertv
would fetch 100000. Lord Pcmbroke's estate
in and around Dublin has doubled In value in
the last thirty years II ireland iremains tran
quill any amount OF English capital will be
forthcoming to turn morasses into meadows.
Since communication has been so rapid and
easy. the owners of Irish property have resided
much more upon 1t. large proportion of the
nobility pass half the year on their estates. and
those whO have English residences visit their
Irish property every year. Lord Fitzwiliam.
for example who has 100000 a year in Eng
land. never fails TO spend. with his family. n
couple OF months on his Wicklow property. and
both the late and present Dukes Of Devonshire
have been regular visitors to Lismore. The es-
tates of English magnates Of this order were
never " racked" like those Of the needy alb
sentees. who had to subsist solely on their Irish
property. for the very good reason that the
former never needed money. The suffering ten
ants were. without exception. those on encum-
bered estates. where the rents were often twenty
per cent. higher than they would have been in
England. and the landlord did absolutely moth
ing Tor the tenant In the way OF improvements.
ana II the tenant made any. often increased
the rent accordingly The Irish people have
10 u
their woes. The English Governments acts