§ Mr. VINCENT KENNEDYasked the Chief Secretary for Ireland whether the ranches on the Morley estate, county Cavan, proposed to be divided amongst the tenants, have yet been vested; at how much per acre had this land been valued, and how much per acre is at present paid for similar adjoining land upon this estate; did the same inspectors report in both cases; and, if so, would the difference in the acreable rent be accounted for?
§ Mr. BIRRELLIf the hon. Member refers to the former holdings of Mrs. Carson which the Estates Commissioners have acquired for distribution, these lands have been allotted by the commissioners, and the allottees have been put in possession. The lands will be vested at prices which in the aggregate work out at about £4 15s. per acre. The price represents the value of the lands freed and discharged from any tenancy or occupation interest, whereas the prices payable by the tenants for the purchase of the holdings in which they have a tenant's interest represent the value of the landlord's interest only.