Constantine, the Archimandrite Nicoferus, has purchased in the last few years a number of estates, the value of which is not less than 6,000,000 piastres, or about £48,000. The property of the monasteries is almost entirely derived from the legacies left by the monks, who purchase in their own names, to leave to the convent, which always inherits their possessions, except a small allowance to the parents of the deceased, if they are living. The purchase-money, however, must come from the common chest of the convent, for it is of course impossible that a poor monk should have the means of buying land to such an amount. However this may be, the convent ultimately obtains the property, and thus its rent-roll increases. It still keeps on receiving the offerings of the faithful, which it lays out in the purchase of real property. This the Franciscans are now forbidden by the Propaganda to acquire; they are therefore obliged to subsist, maintain their Sanctuaries, and entertain pilgrims, on the alms which, to a greater or less amount, are sent to them from Christendom. The revenues of the Armenians are chiefly supplied by landed property, by the money which they have out at interest on good security, and by the alms and dues of the pilgrims. They possess the best establishment in Jerusalem, and their revenues are well administered; but in spite of that they would not have so much influence as the Greeks and Latins, were it not for those of their religion who fill high places in the Turkish government.