In the enclosure of this immense waste, called forest, there were
two allotments purchased by the proprietors, one of 1,638 acres, and
another of 1,113, in all 2,751 acres, which were a copyhold tenure,
at a small fine certain. In addition to which they hired, at the
same time, on a long lease, 1,614 acres more, being an allotment to
the King, at a rent of 50_l._ in money, and 50_l._ to be laid out on
improvements. The whole, situated half-way between Knaresboro’ and
Skipton, I found walled in; three farm-houses built, with barns and
offices of various sorts, and lands annexed, and partly subdivided,
to the amount of about 400 acres; the remaining 4,000 in one vast
waste. These farms produced the rent of 44_l._ 5_s._ The game was
let at 30_l._ with the use of a handsome shooting-box, sufficient
for the residence of a small family. Peat dug from the bogs produced
from 6_l._ to 8_l._ a year; and the great waste was let at 100_l._ a
year, which, for 4,000 acres, is at the rate of sixpence per acre.
The annual rental was therefore about 181_l._ per annum. From these
circumstances it appeared clear to me that the purchase could not
well be an unfavourable speculation. 2,750 acres (throwing the
leasehold entirely out of the question) for 4,400_l._ is exactly
32_l._ an acre fee simple for land that paid a mere trifle in poor
rates and land tax,[150] and tithe free; it did not seem therefore
to be necessary that the produce should amount to three shillings,
for if the rent was reckoned only at one shilling it was but
thirty-two years’ purchase. I determined, therefore, to make it, and
concluded the transaction as soon as possible.
My plan was, to let my farm in Suffolk, of about 300 acres, and
transfer the capital, with some additions, to the gradual
improvement of this large tract; and, in doing this, I should have
begun with one farm on the Southern extremity, near the turnpike
road, of three or four hundred acres, let separately for 20_l._ a
year, but all a waste, and, in addition to this, have run a watering
canal from one of the streams, till from 100 to 200 acres were below
the level, walling such tract in. Thus prepared, I found myself at
last in a situation to realise the speculations I had so long been
busy in—when a new scene of a very different kind opened upon me—but
of that hereafter.
The following are the letters of this year reserved. From J.
Symonds, Esq., an account of the Duke of Grafton’s illness:—
‘Euston: Jan. 30, 1792.
‘So you tell me that I know not how to stay at home! but this is a
visit of pure friendship, for the duke likes very well to chat
with me, though he is so nervous as hardly to bear with strangers.
Yesterday Lord Clermont, who is very intimate with him, came
hither, but he was too much for the duke, and had he not gone away
this morning, the duchess would have hinted it gently to him. What
would you do with such nerves?
Public-domain text, read in full here on John Shaqi.
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