82 GERMANY - AGRICULTURAI, ECONOMY IN GENERAL, 



The second article gives a right to withdraw : 



a) to the farmer who sells his land to a speculator, within seven days ; 



b) to farmers buying parcels of land from speculators, within five 

 days. 



The official statistics give us the following data as to the subdivision 

 of land from I March 191 1 to the end of 1912 : 



1911 

 1912 



If these data be compared with those for preceding j^ears the law will 

 be seen to have lessened subdividion. 



The following figures show the participation of rural banks in these 

 transactions from 1905 to 1912 : 



Number Area 



of subdivided properties 



1905-1906 25 361.70 hectares 



1906-1907 25 41747 



1907-1908 27 312.92 



1908-1909 26 344.22 



1909-1910 33 430-99 



1910-1911 (i) 51 953-58 



1911 (2) '74 1,652.96 



1912 106 ^,577-87 



As is seen from this table the participation of rural banks has notice- 

 ably increased since the law of 13 August 1910 has been enforced, while that 

 of speculators has diminished. The following figures show the part played 

 by speculators in the aggregate subdivision accomplished in 1912. 



Oberbayem 24.2 per cent. 



Niederbayern 46.2 



Oberpfalz . 49.1 



(i) Up to I March. 

 (2) From I March. 



