AUTHOR'S NOTE TO NEW EDITION xi 



On p. 267 of this book I alluded to the forth- 

 coming sale of the Great Glemham property which 

 belonged to the Marquis of Graham. This sale has 

 recently taken place, and I will quote here a paragraph 

 concerning it which appeared in a journal of Liberal 

 views, the East Anglian Daily Times of 19th June 

 191 2. The facts set out therein seem to me most 

 instructive, and should furnish food for reflection to 

 those who, from lack of knowledge or for political 

 purposes, are talking so loudly of the present " boom 

 in English land." The truth is that, taking the 

 country through, no such boom exists, though rich 

 pasture or fen lands are saleable at a fair price, 

 especially in small-holding districts. I should add, 

 what the paragraph does not mention, that there is 

 a beautiful house on the Great Glemham Estate 

 which alone must have cost many thousands of 

 pounds. 



THE GREAT GLEMHAM ESTATE SALE 



"With reference to the purchase of this fine estate 

 " by Mr. P. C. N. Peddar at the moderate price of 

 11 36,700, it is of interest to recall the previous sale 

 "of the estate to the late Duke of Hamilton in 187 1 

 "(41 years ago) by Messrs. Garrod & Turner, of 

 " Ipswich, acting for the Lofft family, with whom the 

 " late Dr. Holden, of the Ipswich Grammar School, was 

 " connected. The estate then consisted of 1648 acres, 

 "and realised ,82,335 just ,50 per acre and at 

 "that time one-fourth of the property was copyhold. 

 "The estate now consists of 1953 acres, all freehold, 

 " and the price realised is just under .19 per acre. 



"With the enfranchisement of the copyhold and 

 " the purchase of the additional 300 acres, the estate 

 "probably cost the late owner 100,000; therefore 



