LAND IN IRELAND.

Evening Post, Volume LXXXII, Issue 90, 13 October 1911, Page 7

LAND IN IRELAND.

INTERRUPTION OF PURCHASE OPERATIONS. LAND OWNERS' PROTEST. *t T«t«ffM>ti.— Preu Amciitim -C*t ytlgfcfc LONDON, 12th October. The Land Owners' Convention, sitting at Dublin, hate protested against the intetruption of land purchase operations in Ireland ac disastrous to the country* welfare, and urg<6 th« amendment, ef the Act of 190S». tTho Bill of 1909 raised the tenants' annuity from 3^ to 3£ per cent. Landlords with pending agreements were given the option of taking their pur chase Jnoncy in, stock at A minimum prico of 92. or partly in stock and partly in cash. For future transactions a new 3 per cent, stock was issued. Tho bonus was graduated inversely according to the number of years' purchase paid,_ the average being 7-^ per cent. Provision was made for the compulsory purchase of land in certain cases to relieve congestion, and where the landlords proved recalcitrant. During thefirst five years of the operation of frfr. Wyndham's Act (1903) tenants to the number of 250,000 purchased their holdings, wlrch become absolutely their own *b tne- end of 68 years, the amount paid being £73.642,000 Since the passing of the 1909 Act, the land purchase operations have been very Final!.]

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