The Irish CrisisTrevelyan, Charles E. (Charles Edward)
History
The Irish Crisis
Trevelyan, Charles E. (Charles Edward)
Ireland -- Economic conditions; Ireland -- History -- 1837-1901; Ireland -- History -- Famine, 1845-1852
was declared by a Treasury Minute dated the 15th June, 1847, that it
is not necessary that each portion of land improved should yield, in
the first and in every subsequent year, an additional rent equal to
6½ per cent. per annum on the outlay beyond the present rent; but
that the general result of the improvement of the lands on which the
rent-charge is to be secured, will, one year with another, from the
period when the full benefit of the improvement may be supposed to
have accrued, be such as to produce an increased annual value to the
above extent; taking care, of course, that the rent-charge is fixed
upon lands amply sufficient to secure the repayment to the Government
of the sums so charged. These directions had particular reference to
the circumstances of the poverty-stricken districts in the West of
Ireland, where it is peculiarly desirable to increase the food grown on
the spot, and to provide the means of employment for the people in the
productive avocations of agriculture; and every practicable facility
and preference is therefore given to the landed proprietors in those
districts, which is not inconsistent with justice to other parties.
It was determined by the same Minute, in pursuance of the course
taken by Parliament with respect to the loans for drainage in England
and Scotland, that the loans to be made to any one landed proprietor
should not, under ordinary circumstances, exceed, in the aggregate,
the sum of 12,000ℓ.; but if, in any particular case, owing to the
extent of the property to be improved, or other causes, it should be
advisable to enlarge this limit, the Lords of the Treasury will be
prepared to authorize such additional sum as may appear to be proper,
not exceeding, however, an aggregate amount to the same proprietor, of
20,000ℓ.
In taking its line on this subject, the Government had to choose
between employing the agency of the landed proprietors and that of
public officers; and after much consideration and some experience,
the final decision was in favour of the former alternative, as above
described.
Public-domain text, read in full here on John Shaqi.
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