The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1898-02-12
ENORMOUS WEALTH.
VALUE IN POUNDS OF SOME OF LON
DoN'S GREAT PLACES.

lHfn-IHt hhHh vi Eng DSe
Riches Represented In Museums, Art
Galleries, Churches and Bridges
"Have you EVER thought what Lon
don is worth" remarked a valuer to
the writer the other day. "and will you
believe me when | tell you that all the
money in the world piled up in one
heap would not buy the treas
on which Londoners may gaze at
will every day of their ~lives?"
took my valuer friend round London on
valuing intent.
We came to town on the under
ground. 1.-TWO thousand yards of this
railway" said my friend, "cost g.
900, 600, or, if you like to have it SO,
$40 an inch. If you wanted to buy this
bit now, you would probably be asked
e5, 900, 900 for it. There is another mile
ON the same line which would o You
something like $4,000, 900, having cost
a third of a million to lay down. But
that is comparatively moderate. If the
electric railway were put up to auction
and you Were fortunate to get it at cost
price, you would need the wealth of
seven m~illionaires to buy it. These 31s
miles of railway are worth quite e12,-
900, 900 as prices go nowadays.
"Get out at this station and look at
the monument. You would not buy it
for gao, 900. In five minutes you will
be at the Mansion House, which cost a
mere e7O, 900 to build, but is now worth
bearer ,e750, 900. The Royal Exchange,
as a building of bricks, and mortar, is
worth .a2O0, 900, but it stands on land
worth e2, 600, 600. Not long ago land
in this neighborhood was sold at the
rate Of e2, 900, 900 an acre.
THE Bank of England would prob
ably fetch "a, 900, 900 iii the market,
but as there is always $40, 900, 600
worth of gold in the cellars it's standing
value is about e24, 600, 600. Go west
ward over Holborn viaduct and remem-
Der that that short stretch of highway
is worth over G2, 900, 900. You would
want nearly CO, 900, 900 to buy the gen.
eral ~postoffice, which You have just
passed, and the law courts, with the
land on which they stand, are worth
g2, 500, 600.
"Walk along the Strand and stand
for five minutes ON Waterloo bridge.
The property you see here would make
dozens of your friends ~millionaires at a
stroke. Two million pounds would not
buy those two hotels, and Somerset
IJr,,ea ot h,,;1linn oact n,,1x, fc poo1 fn1.
$500, 900. The bridge you are standing
Oh was a disastrous failure when it was
built, but it is worth now more than
the Ell. 600, 900 which it originally cost.
There are seven bridges on either side
of you, which cost between them over
"a, 900, 900. The tunnels underneath
the river are worth millions as a com
mercial property, and the embankment
is now worth probably double the e.,
900, 900 which it cost to make.
eff st. Paul's were private property,
you might induce the owner to sell il
for $40, 900, 600, but the likelihood is
very remote. Those tattered banners
which you have seen so often would
arouse pretty keen bidding at the sales,
and if you got one for $40, 600 you might
think yourself extremely lucky. West,
minister abbey is difficult to value. 1t il
one of those things that cannot be
bought, but the sales give us some idea
what historic treasures are worth in the
market, and / should not be surprised il
the abbey-put up i'll lots-realiZet
$50, 000, 900. Fancy putting a ticket Oh
Jacobs pillar or the royal tombs!
You have admired the magnificent
exterior of the houses of parliament ant
the splendid interior, but you will per
haps be surprised to know that you coult
not erect these buildings today for e5,
900, 900. st. Thomas hospital, and tn
Albert embankment running along tn
front of it, are worth together over Ell,
900, 600, and the bridge leading to i
cost e250, 600.
perhaps you have new reflected
what a privilege you enjoy in beinl
able to visit SO many places free. TIL
British museum, which anybody cal
see for nothing, could not be bought u,
by all the m~illionaires in America. !
it were absolutely empty, it would b
worth 81, 500, 600, and it is full of price
less treasures, one collection alone be
| ing worth nearly $3.50, 900. The Ma
+ tional gallery is worth millions. 1t cost
T with the new Tate gallery section
$3.50, coo to build, and has one pictur
which cost GA an inch and 3S other
? which cost el, 700 apiece.
1.-THE Albert hall and Royal aquarium
are each worth about e250, 600, but tn
Crystal palace cost more than thre
times the value of both these, the bill
for the palace being 81, 500, 900. Earl
Q court, the great show rivaling the pa
ace, has millions worth of treasure
which you can see for l shilling, an
even when it is empty the 20 acres {
S gardens and buildings are worth $500,
! 900.
1.-The hotels and public houses {
London could not be bought up for ego
900, 600, to say nothing of the land O
s which they stand. Two of them pa
Q e450 q week between them in groun
rent. Buckingham palace is not ver
gorgeous, but it is worth ga, 900, 600 {
it stands, and if you wanted to rent
privately You would have to pay ga, 0C
!, a week for it. Devonshire House M
Lansdowne House, in ~Piccadilly, woul
y cost you 81, 600, COO, but you would NJ
expect the picture galleries thrown
at this price. They are worth hundred
of thousands. London Tit-Bits.
without Benefit of Clergy.