Blackwood's Edinburgh Magazine, Vol. 68, No 422, December 1850Various
General
Blackwood's Edinburgh Magazine, Vol. 68, No 422, December 1850
Various
England -- Periodicals; Scotland -- Periodicals
Following Mr Laing's footsteps, we have pointed out some of the dangers
inseparable from a division of the soil into small estates; but we are
very far indeed from considering the tenure of land in this country
as incapable of amendment. It is mischievous as well as visionary to
talk of remodelling our territorial system on the pattern of Prussia
or Belgium, or any other country; but it is also mischievous, and most
impolitic, to create or continue legal impediments to the _natural_
subdivision of property. It is impossible to doubt that a very general
desire prevails among the labouring classes, and those who have laid up
little capitals in banks and friendly societies, to acquire portions
of land suitable to their means of investment. The large prices paid
for such lots when they are found in the market, and the eagerness
with which even such dubious projects as Mr Feargus O'Connor's have
been laid hold of, prove the fact to a certain extent; and it has been
strongly confirmed by the inquiries of the committee which sat last
session for investigating the means available to the working-classes
for the investment of their small savings. The great extension of
allotments, in late years, may perhaps have helped to foster this
disposition; while it shows how anxious these classes are to acquire
the possession of land, even on the most uncertain and unfavourable
tenure. However disapprovingly our political economists may shake their
heads at the progress made by that system, as not squaring with their
doctrines, we cannot doubt that, so far as it has gone, its results
have been eminently beneficial; and the thanks of the nation are due
to that enlightened nobleman who has taken the lead in this course,
and has created, we are told, no less than four thousand holdings
of this description on his estates. But allotments do not meet the
difficulty of finding a field for the secure investment of the smaller
accumulations of industry. The question then is, whether it be right
or safe that so strong and healthful a wish should prevail among the
people, without the means of gratifying it? Let us shut out of view all
the crude and disjointed schemes for a redistribution of property on a
wider basis, and the limitation of the right of testation; and, without
undermining the structure of the law, endeavour to remove those parts
of it which present technical or fiscal impediments to the acquisition
of small properties, and to adapt it generally to the wants of the
community. The amendment of the Scotch entail law, and of the process
of conveyance, as well as the recent remission of part of the burden
of stamp duties, have already cleared away some of those obstacles.
But much remains to be done, especially in England, in simplifying
technical forms, and abridging the expense of conveyances in small
transfers. In this respect, we are still far behind the nations of the
Continent. Until the recent alteration of the stamp duties, the expense
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account