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INTERESTING CONTROVERSY.

"When the tast mail left London nniny people were watching anxiously for the outcome. of tho controversy between the, Lai 1 of Derby and JSaron do Forest re--1 dinrr value of the Derby family estate at Bootle. Baron de Forest, who is a prominent Liberal and land reformer, had Haul in a public .speech that the estate had increased in value from £7OOO to more than £3,000,000 in two hundred years as a result of the growth oi the town, and wanted to know why Hie whole'of this enormous prolit- should belong to one man. .Lord Derby retorted that the valuation was a gross over-es-timate, and offered from a public plMforin to sell the whole property to JSaron de l'orest for £1,5(10,000. The liaron promptly accepted the oiler, .stipulating only tluit allowance should |>e m.nle tor portions of the original estate already converted into cash by successive! earls. Nobody expected to see the transaction completed, but a great many people were anxious (o lenow how Lor Derby wasjioinn; |,„ from a dilli inlt position,

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19140406.2.21

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume LVI, Issue 264, 6 April 1914, Page 4

Word count
Tapeke kupu
175

INTERESTING CONTROVERSY. Taranaki Daily News, Volume LVI, Issue 264, 6 April 1914, Page 4

INTERESTING CONTROVERSY. Taranaki Daily News, Volume LVI, Issue 264, 6 April 1914, Page 4

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