£ s. d. Stated Balance, July 15th 617 11 3 Repayment and other receipts, July and August 406 6 5 ---------- 1023 17 8 Expenses 427 5 0 ---------- Balance, August 15th £596 12 8 ========== £ s. d. July 16. Geoghegan (blue neckties) 4 0 0 ” Naval School 5 5 0 17. David 65 0 0 ” Downs 25 0 0 30. Jackson 50 0 0 ” Kate 50 0 0 Aug. 1. Herne Hill ground-rent 23 0 0 14. Burgess 40 0 0 15. Ellis and White 140 0 0 ” Lucy Tovey (gift) 10 0 0 ” Self (chiefly gone in black quartz from St 15 0 0 Gothard Tunnel) ---------- £427 5 0 ========== III. “My dear Sir,—I duly received your very kind note referring to the ‘notice to quit’ to Lord Lonsdale’s farmers in West Cumberland, and have delayed to reply till I had made special inquiries, and find that, as a rule, these tenants have no leases, but have held their farms from year to year only. “Formerly, I am told, some had leases; but as these expired they were not renewed, and the supposition now is that all such have run out, and that all now as yearly tenants have had the notice given them simultaneously. “The notice is clearly given to allow a re-valuation to be made; and when the new rents are arranged, it is expected that leases will then be granted, though it is plain to be seen that all the increased prosperity that the prosperity of recent years of the coal and iron industries have caused to farming, may thus be secured to the landholder; and the farmers, with or without leases, but with higher rents, may be left to bear alone the ebb of the tide that is evidently on the turn; and in any or every case, the general public—the consumers of these farmers’ produce—will have to pay the extra rent, whatever it may be, that Lord Lonsdale may see fit to lay upon the land. [73]