The Glasgow Chronicle. — 1850-02-27 (Glasgow, Strathclyde, Scotland)

FIRST PUBLIC SALE OF INCUMBERED ESTATES.  DUBLIN, Feb. V.—The first sale of lands by public bidding under the Incumbered Estates Commission took place yesterday, and created considerable interest. The couit was crowded by persons interested in the value of landed property, and the learned commissioners themselves were the auctioneers. The lands put up br sale were those of Kinlough, in the county of Mayo, the property of Mr. Balfe, of South Park, Roscommon.  The Right Hon. Baron Richards, Dr. Longfield, and Mr. Hargreave having taken their seats on the bench, and made some preliminary remarks: Mr. Pierce Joyce asked whether the sale would be confirmed and concluded that day, should the commissioners beof opinion that the value of property had been offered? Baron Richards—Certainly, if the purchase money is lodged. Dr. Longfield—And the conveyance will be executed, sealed, and delivered to the purchasers this day if he desires it, on payment of the money. Baron Richards—And it may be satisfactory to know that a very small box will hold your conveyance. The following offers were then made, with scarcely any delay between each bidding : Mr. Pierce Joyce. £2,000 Mr. John Smith 2,100 Mr. Lewis G. O'Neill 2,200 Mr. Joyce. 3,000 Mr. Smith __ • .  No further bidding having been made for about the spare of a minute,  _ Baron Richards said, Well gentlemen, you are fairly embarked in this now, and we shall certainly declare the purchaser in a very short time. It is not our intention, however, to hurry you, should you require a few minutes for consideration. _  Mr. Joyce—Have I been outbid? Baron Richards—You have. Mr. Smith is £2OO in advance of you. Mr. Joyce—Well, then, I'll give £3,300. Mr. Smith—lll give £3,400. Mr. Joyce—lll make it £3,500. Another pause having taken place, Baron Richards—We are not going to adopt the phraseology of the auction room in this court, and to say, "Going, going, gone," at every fresh bidding. (Laughter.) No further offer having been made, Baron Richards declared Mr. Pierce Joyce the purchaser of the property for the sum of £3,500. .  The time occupied from the first bidding to the conclusion of the sale was scarcely more than ten minutes, and the property sold for twenty years' purchase, less by £BO, at the present rent; but having regard to quit rent and rent charge, and the £250 to which the lands are subject for the repayment of advances for drainage, the sum realised would amount to twenty-three years' purchase. Rsron Richards—l may mention for the information of gentlemen who are disposed to purchase, but have not succeeded to-day, that on the Ist of March next we shall have another very excellent estate to sell here. Such was the result of the first experiment of the new commission—the first public test of the value of Irish land under all the depressing circumstances of this country—and a very fair and favourable result. The farm consists of some of the best grass lands in the west of Ireland; the rent at which it is now held is the letting of last year, when it was well known that hand was at about its lowest value; and the £5O fine which Mr. Kirwan paid for it, is variously described; for if, as I have heard it stated by those who were intimately acquainted with the circumstances, he took the land for only a single year, paying £5O in advance, that sum might be looked upon more in the light of rent than of a fine, and in that case the rent would really be somewhere about £240; while the payment of the sum duo to government for drainage and advances, being spread over so many years, will be lightly felt. Viewing the matter in this way, the purchaser has obtained a much greater bargain than the above report of the proceedings in the court would give one to understand.  ATTEMPTED Suicinu.--On Friday morning, a young man attempted to commit suicide in a hotel at the foot of Jamaica Street here. It appears that the individual referred to had entered the inn in question on the previous evening, and engaged an apartment for the night. Subsequently he partook of some refreshments, and, complaining of fatigue, shortly after retired to rest. About one o'clock in Vie morning, a servant in the house having occasion to pass the door of his room observed that it was still lighted, but took no notice of the circumstance; and some gentlemen, who occupied an adjoining room, state that et an early hour they heard a report like that of a pistol, but thinking it proceeded from the street, paid no attention to it. In the afternoon, however, the gentleman not appearing, the servant was sent to knock him up, but he did not answer her calls, and, entering the room, she observed a pistol lying on the floor immediately in front of the bed, and, looking into the bed, saw the unfortunate individual with a wound on his forehead bleeding profusely. Medical aid was immediately called, and the wound dressed. On his friends being found out and advised of the occurrence, they stated that he had only lately recovered from an attack of tynhus fever, which in the absence of n ny motive that they knew of accounted for the rash act. The gentleman Is a Frenchman by birth, but his relatives are in respectable circumstanceb in the city.