Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-02-16
ESTATES
TO Be DIVIDED;
TAXES RAISED
Commission Appointed to Find
Out a Way to Protect Inter
ests of Tenant Farmers;
Hostile Legislation Cause.

London. Feb To- Recent lCgisla.
ton by parliament, acme OF which has
been called socialistic is having a
tendency to cause the division OF
many of the big astates which have
been held for generations by nOblemen
and prominent county families in Eng
land A committee OF the board OF
agriculture has been trying TO find out
why so many estates have been put
on the market, and us report just
issued, makes Il clear that, whether
Justified or not, great landowners have
the idea that these are threatening
times for the landed gentry and that
worse Is coming
The board OF trades committee was
appointed primarily 20 find out what
should be done TO protect the interests
O. tenant farmers Ia England anu
Wales whose tenancy was threatened
through the sale OF their farms by the
old landlords. comprehensive
scheme OF relief rs recommended by
the committee it contemplatos among
other things, state-aided purchase OF
such farms. so that ownership may
be vested In the tenant, VINO viii get
financial accommodation at proposed
land bank TO which the committee
asks the government 60 advance 81,
500. 900 as starter at . ii per cent.
Ia its report the committee said It
was satisfied that an abnormal mum.
Der Of estates was being broken mp
and sod u was informed that agri-
cultural land valued az $500, 00O was
disposed OF IN 1910, and that similar
land sold in 1911 exceeded 100000 600
In value.
Moreover" says The committee,
there seems eVeiN ihilcatlon that the
tendency 10 break ~ TIE large agri-
cultural estates is lkhIy 20 continue
The increased ;and taxation provid-
ed for IN he budget OF 1909 has had
much 20 DO with the disintegration
OF great estates Under this provision
uuimproye1 estates IN towns or Dor
dering on towns have 20 pay taxes APP
prUNimatins the higher rates assessed
ON improved property Ga the towns
themselves TO meet this additional
charge many landowners have erected
buildings on their estates. such as
shops cinematosraph thcators ana
other remuaeTatiye enterprises
ln the opinion OF the majority OF
the Witnesses who appeared ne ore the
committee the increase ia the number
of Agricultural estates offered Tor safe
recently Is due partly TO apprchen-
sion among landowners as 10 The prob
liable tendency OF legislation and
taxation iu regard ro land Whether
lthh feeling Of apprehension is we'll
| founded or not Aa committee says
.. q. q. Al
appear that one OF 'ne primary causos
Oi the want of confidence ON me part
If the landlords and their desire Ia
sell Inc whole or PORTIONS OF tnfir ag.
! ricultural estates, Us the accumulation
of and the fear OF Ac effect o. recent
| LEGISLATION. alth0ush no evidence WAS
aaduced that purely agricultural lana
has actually been ,uilriously affected
Iby existing legislation, except by
Nc death duties. Which are also APP.
pllcable to personality"
The committee thinks. however
/ that there are other reasons wh.rh
We're Important D0rs IN bringing q
large number of csfltcs Into the mar
het among them q depreciation in
| land rents in certain parts OF the
Kingdom Another eason is thus SCI
forth In the report
THE ownersmI of land entails
heavy responsibility. and heretofore
land owners have u many cases been
content with comparatively small
return on ihe!r capital partly ia con
Fideration of the ICial position ana
amenities conferred by such owner.
| ship. Many owners finding that they
are now IN o position 10 sell 20 adyen.
tage. are relieving .hp nselves ot these
responsibilities, ami it Is probably q
combination OF these reasons when
have resulted IN llo increase IN the
number of estates which have been
and are being offered for sale
Bu "a Trus'rum Eve. secretary rs
The Farmers club and member o.
The committee does not agree with
this view
"The evidence On ny opinion De
SAYS. proves CunousiyCly Chat thU
real cause of these ABNORMAL sales is
the campaign against land and U
owners private property in land BEL
being attacked in variety o. ways
New taxes have been imposed which
are based ON theories capable o. iuI-
reaching application. A new KJiuA
lion. now IN process of completion
may possibly be put forward us new
basis of rating
I'm order % obtain popular support
Cor these innovations owners ui uud
rave been yilihol 100 oyerJ relation 0i
life. There is mo- indication Thar fpr
attack Is slackonIne Naturalization
NJ threatened
IA "a tho sense O Insecurity thus
engondered which drives land owners
10 sell their estates Wealth In me
immOyahle form rs easily taxed oi
tonnscatod Wealth In the form OF
soycreigns D. more movable and
therefore more secure
The Recommendation as 10 state