Republican farmer., 1919-08-29
NOTED ENGLISH : ESTATES BEING RAPIDLY SOLD s00,000 or More Acres Dis posed Privately and
 Through Auction. INROADS OF THE WAR REASON FOR SELLING Several Peerages and Baro- netcies Threatened With
 Extinction.

London, Aug. 26.--When 500, 900 or more acres of land in the British Isles either went under the ham mer" or were sold privately in one week in June it began to be under stood by a large part of the public that an era without parallel in Brit ish history had dawned. Never has there been so much land on the market.
 In two weeks lately there has been been a sale of approximately Sl0,- GOO, 900 worth of land, or S5,OOO'OOO weekly. Last year the sale of landed estates and other properties totaled S6O,OOO,O 900. This year promises to ets- ceed that figure by many millions. In fact, during the first week of July s5,OOO,OOO represented the price pail for land which changed ownership or just one-fourth of the amount paid in tho three months July to Sep ternbor, 1918. During several other weeks in June and July of this year tho sales have ranged around S2,50O,- 900.
 It has been a socialistic strong point that the land of the British Isles was owned by fewer than 25,OO0 per sons Already considerable amounts of tho land which is now changing hands for the first time In numerous instances for hundreds of years is be- ing sold to the tenants of big es- tutes. The old landlord has given way 10 the new; the new land barons seem Co be buying up the land be- cause of their belief in the intensi- ned development of industries of in land transport and agriculture in the future.
 This amazing era of land transfer euCe by it's former owners shows no sign of abatement. This great wave of industrial unrest, accompanied by IaborS demands for Standardization of mines, railways and the land itself, only accelcrates its disposal, as has also tho Governments promise of vast housing schemes. One reason given for the vast change in ownership is that in these unstable days 1t is bet tor to have ones assets more liquid; and many millions of dollars have. therefore. poured into Government loans or Into industrial stocks It has even been charged that some of it was being invested outside the coua- try.
 Fsr,ontecrs Covet Famous Estates.
 Then there are the profteers. Many who have made fortunes during the war are anxious to become owners of famous estates, of historic castles or feudal halls These have aspirations as the new ''aristocracy" which one finds so much in evidence at resorts, and who, when peace-time travel IS assured again, will probably form a considerable proportion of the British travelling public.
 In numerous instances the war has hit SO hard financially some of the owners of large, but already heavily mortgaged estates. that selling them is the only way out.
 ''I have 200 names of distinguished d persons on my books" said a we'll known dealer in antiques. Not one has invested a penny in antiques these last four years. But I have a now aristocracy which is taking it's place. We are actually doing more business than we did before the war but we are doing 1t with the new rich They have taken the place oi the old aristocracy, and they have plenty of money"
 Rritain's roll of honor shows how hard the war hit its titled class, for among the slain were 23 peers. 8, haronets IA knights, 151 sons o peers, 157 sons of baruuets and 2Ii sons of Knights. The succession tC 217 hereditary diRnitaries has beer changed. and the heirs to titles whC have been killed number 179. Sev cral pccragcs and baronetics ar. threatened with extinction, whil, others have been in doubt. thei holders have been among the miss ing"
 Tho inroads of the war among thu titled has brought numerous estate into the market. to be sold by exc sgte=s where there are no longer am heiis Some of the older familic have become SO poverty tha it Is necessary Co sacrifice the holdins which have come down to then through generations.
 In the opinion of the Earl O Clarendon the sale of landed estate and other property is a foreruuner C. R rev class of landlord. IIe says:
 "Tho possession of land is today al economic difficulty, what with 'h enormous Increase in taxation. up keep. repairs and agency charge. which seem Co bc the inevitable rz, important factor in these matters ! would not be quite safe to say Co wha particular point the present con version of ownership is leading. but sec nothing really gIoomy in the de sire of landowners Co give up thei posscssiCrs. except that nobody own Aa ing land today could possibly liv upon tho net income derived from and have sufficient surplus in hand ; educate ones children."'
 Tho Earl of Clarendon does f-p be Hove much of tho purchase money leaving tnis r~s-1try.
 1hrnous Places Sold or For sale. Numor now has it that Ken Woo is In the market. an estate owned 1 Lord NanEficld, 221 acres in eN5eu adjoining Hampstead Heath. one C London's famous open spaces. An al tempt is to be made to have .t pun chased by the Government. + is ric In magnihcent woods which hay been permitted to keep much of the original wildness.
 At present it is occupied by MT Leeds. a wealthy American womai and prior to its being in her poi session the Grand Duke Michael Russia was in occupancy. There
 noted room Tn the old mansion this big estate known as the Adam room. for which an American Is saI to -hnve offered. s1O0. 900. with vie to It's being dismantled. and sent America. The estate Is part of n