St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-04-17
Tenants TO be Placed I'm Possession of
Holdings and Charged Rent Till
Pirce is Paid I'm Full,
So that the Old Question ''IIave You
Got the Prices'' VIII Now Take
on N New Meaning.
GIadstone,s Land Bill.

=
o'clock the house was crowded TO its utmost
capacity. Mr.. Gladstone rose i'm his place
at 5:25 p. m. and was greeted with cheers.
When he began to speak his voice was low
and husky. He said the aim of the present
endeavors of the government was directed
towards securing contentment among the
people of Ireland and the permanent
restoration of social order. The speakers
proposals would greatly benefit the tenants
of Ireland, but the landlords were the
principal object of the measure, although
he thought that many of these landlords
were most hostile TO the government policy
at the outset. The speaker wished TO
make the most emphatic denial that it was
his intention 10 ask the Scotch and English
to run any serious risk on account of the
landlords of Ireland. The land act
was intended to go into effect
on the same day on which the
home rule bill would become operative.
1t could not 90 on without the operation of
the other, which would provide legislature
in Ireland TO appoint statuary authority TO
deal with the landed estates and act be-
tween vender and purchaser. The pur-
chases would be made through the issue of
ESQ, 900, 900 of 5 per cent. stock issued at
par. These new Irish cOnsols might, with
the
CONSENT OF THE TREASURY
be committed for stock of lower denomi-
nation. If the stock could be issued forth
with scrip of equal value would be issued
for the same purpose. The act was to give
the landlords the option to sell out undsr
its terms. Its enactments were confined to
agricultural holdings and did not include
mansions having demesnes and woods. The
state authorities, acting between the peas
ant and the land owner, would
purchase the land from the latter and
put the peasant in possession as absolute
proprietor, subject TO an annual rent charge
until the total payments equalled the pur-
chase money. The state would not force
the Occupiers to become prOprietorS. In
districts where the population was con-
gested the state wonld have the power TO
decide whether appropriation of the too
crowded land should be compulsory. No
body except the immediate landlords
would have the option to sell
to the incumbrancers and then he
must sell by foreclosure and not at
an option tor himself Applications to sell
would have to be made by all the tenants on
an estate, and all these applications and
sales would be registered. Applicants
would be required TO give security for costs
in certain cases. The land commission
would be empowered to refuse applications.
The basis of prices would depend upon the
rental for a fixed period. The judicial rental
of 1S45 would be the standard IN all cases
wherein toe rent of the land to be sold was
then fixed. In all other cases the land CON-
mission would have the power to
ARRIVE AT THE PRICE
by comparing the other judicial rentals with
Griffiths valuation. The land commission
would also be allowed to examine the state
of the books concerning estates for ten
years back, and twenty years rental would
be a nominal purchase; in exceptional
cases twenty-five years rental would make
a purchase. Applications for sale would
not be received until March 81. 1890. Ten
millions of pounds of the stock would be
issued during 1887; $50, 0O0, 900 i'm
| 1888; $50, 600, 900 in 1889 and 500, 600, 600
pounds in each of the two succeeding years.
| When the proposals were first placed before
the speakers colleagues he proposed to raise
e13O, 600. 600 Immediately. Mr. Chamber
lain and Mr.. Trevelyan both objected to
this as q wholesale issue which would de-
crease value. The speaker there
fore thanked both gentlemen for
| giving him occasion to consider that
original proposition. He now thought
| il was an error for them. or anything like
an outside estimate, and believed that by
appointing a receiver for the general rents,
armed with sufficient authority to collect
| them, but without coming into contact with
new propriety the purchase money would
be amply secured. The charge upon the
Irish exchequer would be g., 600. 600 pei
annunI, TO meet which il would be able
to levy for rents amounting t.
50, SOC, 900 per annum and this sum would
be the first charge on the rents and taxes
raised by the Irish government Adding tC
this the imperial contribution. the sum paid
to England would be So. GA. 600 per annum
SECURED on A REVENUE
amounting to SO, $50. 600, no portion OF
which would be applied TO any purpose
until &c, 600, 900 was paid into the EnglisI
eXchequer. The present contribution of the
Irish taxpayers to England was sc, $50. 900 o.
which England paid back i'm the Irish civil
service and in the service of collection
"a, $40, 600. The residue which seemed Il
represent an imperial contribution for army
navy. national debt and imperial civi
charges wps e., O55, 900. What did England
do with it? AS an instance. she sent al
army of %. 600 men TO Ireland and KEEP
them there at ali annual cost of g, 00O
900. e9l5, 900 more than the balanc,
mentioned. That was a specimen of In
economy of the system the speakers wantes
to root up. Mr.. Gladstone commended TIN
scheme to the strict, jealous, careful, un
biased examination of Englishmen. HI
was convinced it would be recognized rs
, fitting part of the great suspicious effort (,
sustain the plans of the British legislator,
for the welfare of what had long been. an,
the speaker hoped would ever be under cir
cumstances far happier than heretofore
an integral part of her majesty
; dominion. Mr.. Gladstone spoke 70
. an hour and thirty-five minutes
and concluded amid great applause. Mr.
GladstOne's proposals do not imply a new
issue of ESQ, 600, 900 in 8 per cents, but o
only ESQ, 900, 900 from the $50. 600, 900 il
new SIS already authorized. Following Mr.
/ Gladstone, Mr.. Chamberlain read the lette
which he sent to Mr.. Gladstone. tenderin!
his resignation as a member Of the cabinet
In the letter Mr.. Chamberlain stated tina
Mr.. Gladstone'S policy would
THROW A HEAVY BURDEN
on Great Britain entailing an enormous
addition to the national debt. and probabl,
an immediate increase Of taxation. not {,
secure the union of the kingdom. bu
purchase separation. Mr.. Chamberlain
then went on TO say that the land pro
posals. although they had been modifiet
since he had left the cabinet. could still
impose a great burden on Great Britain
without sufficient security for the loan
advanced The bill wac calculates
not so much TO benefit the tenant
as a sop for the landlords. Although
only $50, 600, 600 was to be issued, the op
ton to sell was offered TO landowners hold
ing land valued at $50, 600. 900. Suppos
Ing that the full number of options to sci
should be accepted, how could all tn,
money be provided? If the Irish parlia