Forty years after this event, when Domesday Book was compiled, the place was in the possession of a London citizen, Theodric by name and a goldsmith by trade. It was still a royal manor, because the goldsmith held it of Edward the Confessor. It was then valued at three pounds a year. It is impossible to arrive at the meaning of this valuation. We may compare it with that of other estates, with the rental and price of other lands, with the cost of provisions, and with the wages and pay of servants and officers; and when we have done all, we are still very far from understanding the value of money then or at any subsequent time. There are, you see, so many points which the writers on the value of money do not take into consideration. There is the price of bread; but then there were so many kinds of bread--wheaten bread, barley bread, oat bread, rye bread; and how much bread did a family of the working class consume? Flesh, fish, fowl, but how much of either did the working classes enjoy? Rent? But on the farms the "villains" paid no rent. There is, in a word, not only the market prices that have to be considered, but the standard of comfort--always a little higher than the practice--and the daily relations of the demand to the supply. So that when we read that this manor of Kennington was worth three pounds a year we are not advanced in the least. As most of the land was still marshy and useless, we may understand that the value was low. We next hear of Kennington in 1189, when King Richard granted it on lease, or for life, to Sir Robert Percy with the title of Lord of the Manor. Henry III. came here on several occasions; here he held his Lambeth Parliament. He kept his Christmas here in 1231. Great was the feasting and boundless the hospitality of this Christmas, at which this king lavished the treasures of the State. The site of the palace is indicated in the accompanying map. If you walk along the Kennington Road from Bridge Street, Westminster, you presently come to a place where four roads meet, Upper Kennington Lane on the left, and Lower Kennington Lane on the right; the road goes on to the Horns Tavern and Kennington Park. On the right-hand side stood the palace. In the year 1636 a plan of the house and grounds was executed; but by that time the mediæval character of the place was quite forgotten. It was a square house, probably Elizabethan; the home of King Henry III. at some time or other had been completely taken away. The site of the moat, however, was left, and there was still standing the 'Long Barn.' The only way to find out what the palace really was in the thirteenth or fourteenth century is to compare it with another palace built under much the same conditions, and intended to serve the same purpose. Fortunately there still stand, some miles to the east of Kennington, at Eltham, important remains of such a contemporary palace, with a description of the place as it was before it was allowed to fall into ruins.