E AGRARIAN Kl.l-OKM ()!' 1^03. 139 



1 then applying to the Land Commission 



vance. It is not desirable that individual 

 tenants should purchase separately ; on the other 

 hand .in estate < .in under certain circunv 

 be sold piecemeal, since the Land Commission 



the ri^ht to treat any part of a: < as an 



'estate,' and to make an advance on it. It may 



> make an advance on untenanted land which 



in the landlord's own hands and which 

 often the most valuable part of the proper 

 Without this provision it would be difficult to 



holdings for farmers who were outside the 



:id Acts, as, for instance, evicted tenants, or 

 to enlarge petty holdings, two points on which 

 the Land Conference laid much stress. Where 

 the landlord and the tenant cannot agree on 

 a purchase price, then the Land Commission 



mpowered to acquire the property, provided 

 that three-fourths of the tenants (counting both 

 by numbers and by value of holdings) h. 

 undertaken to purchase from the Commission on 

 the terms approved by the latter. This provi- 

 sion makes it possible to carry out a sale even 



Ashbournc Act the tenant had to pay 64 a year for 49 years. 

 In order to pay ,1,525 under the Wyndham Act he pays 

 49 us. 3d. for 68} years. From the standpoint of the 

 tenant the latter proceeding is the cheaper, although it 

 becomes dearer by the prolonged hypothecation of the tenant's 

 credit. In the first case, his total yearly instalments amount 

 t 3*136', m the other, to ^3,733, without reckoning 

 compound interest. Cp. also Fottrell, ^h Land . 



1903, Explained," p. 36. 



