Freehold Land Societies: Their History, Present Position, and Claims — John Shaqi
Freehold Land Societies: Their History, Present Position, and ClaimsRitchie, J. Ewing (James Ewing)
History
Freehold Land Societies: Their History, Present Position, and Claims
Ritchie, J. Ewing (James Ewing)
Savings and loan associations -- Great Britain
Primarily the movement was political, and was established for the purpose
of giving the people of this country the political power which they at
present lack. Originally the forty-shilling freehold was established to
put down universal suffrage. As a part and parcel of the British
constitution it has been religiously preserved to the present time, and
threatens to be an excellent substitute for what it was originally
intended to destroy. During the Anti-Corn-Law agitation Mr. Cobden had
put the free-traders up to the idea of purchasing forty-shilling
freeholds, but it was reserved to Mr. James Taylor, of Birmingham, to
give to the idea of Mr. Cobden a universality of which the latter never
dreamed; Mr. Taylor had been a purchaser of land more than once, and with
the purchase he got an abstract, a legal document, which when he came to
understand it, showed him that he had paid to the vendor much more than
it cost him. The idea then struck him that as the wholesale price of
land was much greater than the retail, if the working men could be got to
subscribe together a large sum for the purchase of land, they could thus
have, at a wholesale price, a stake in the country and a vote, and when
the general election came and excitement was created, Mr. Taylor felt
that the time for action was arrived. Accordingly, when he went to
tender his vote, he said to a friend who accompanied him, “here’s a lot
of fellows, and all that they can do is to grin and yawn when I go in to
poll; I have a strong notion that I can get them into the booth.” This
friend said, “How?” The answer was, “Meet me to night in the Temperance
Hotel.” That same evening Mr. Taylor and his friend drew up an
advertisement, stating that “it is expedient that a Freehold Land Society
be formed for the purpose of obtaining freehold property at a most
reasonable cost to, and to get country votes for, the working men.”
Simultaneously with the advertisement in the local paper appeared a
leader from the editor, recognising the immense importance of the
movement thus commenced. Thus pledged to go on, Mr. Taylor threw his
heart and soul into the cause. Within a week a committee was formed, and
the support of the principal men in the town secured. December, 1849 is
the legal date of the Freehold Land Movement, although the Birmingham
Society had been in existence nearly two years previous. In that month
the rules of the society were certified, and the glorious idea of Mr.
Taylor had a legal habitation and a name. At the end of the first year
the Birmingham society reported that it had established six independent
societies, in which more than two thousand members had subscribed for
three thousand shares; that in Birmingham alone the subscriptions
amounted to £500 per month, and that it had already given allotments to
nearly two hundred of its members. Before the termination of the second
year a great conference was held in Birmingham in order to organise a
Public-domain text, read in full here on John Shaqi.
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