LANDLORD S IMPROVEMENTS I 2 I 



acres, has expended ;^200,ooo in twelve years, or 

 ;^ 1 6, 500, or 7s 8d an acre, each year.^ 



Lord Sefton, on 18,000 acres, ^^286,000 in twenty-two 

 years, or about ;^i 3,000, or 14s an acre, each year. 



On Mr Talbot Clifton's agricultural property of 16,000 

 acres, ^^5000 a year, or 6s 3d an acre, for half a century 

 past. 



Mr Turnor, on 21,000 acres in Lincolnshire, where the 

 net rental has sunk from ^21,327 in 1877-8 to ^^"8754 

 in 1893-4, has spent about ;i^5ooo a year, sinking in the 

 last few years to about ;^3000. 



On the Earl of Ancaster's Lincolnshire estate of 53,993 

 acres, ^^689, 197 ^ has been spent between 1872 and 1893, 

 or at the rate of ;^3 1,327, or lis 7d an acre, each year. 

 The total gross rent received on this estate for the twenty- 

 two years was ^^1,565,2 13. The remaining landlord's 

 outgoings for tithe, land tax, owners' rates, management 

 and miscellaneous outgoings (the last item as much as 

 ;^I74,5I2) were ;^350,354. The net income, after all 

 deductions, was on the average ;^23,900, or about 9s an 

 acre, and in 1893 was only ;i{^ 14,394, or about 5s 6d an 

 acre. In 1876, the year of highest receipts of rents, the 

 percentage for improvements and repairs was 36*92, in 

 1893, 37"37, showing undiminished proportionate outlay.^ 



On Lord Yarborough's estate of 54,139 acres, ^98,391 

 was spent between 1879 and 1893, or about ^6550, or 

 2s 9d an acre, each year. 



On a large estate in Northants, the average annual 

 rent from 1858 to 1878 was ^^"45,536, and the average 

 outlay on improvements and repairs was ^^83 34, or 18 

 per cent, of the annual gross rent. But for the years 

 1891, 1892, 1893, the average payments are ;^io,432 on 

 an average gross rent of ^31,320, or 33 per cent. There 

 has thus been an increase of over 23 per cent, in the ex- 

 penditure in the last few years, and the amount of gross 

 rent which is assigned to these objects has nearly doubled. 



' Wilson Fox, Garstang, p. 8. 



- Including ^^20,781 for drainage and embankment rates, which are of 

 the nature of a rent charge for permanent improvements. 

 ' Wilson Fox, Lincoln, p. 53. 



