Show t Auctioneer Doing a a. Thriving Business r in England Just at Present i By Dr PHILIP IIII IP WEBB VEnn British Visitor Ancient Ancients i estates taxes tates are are being sold under the hammer because their 0 own owners own own- ers era cannot annot continue to pay the taxes upon them The auctioneer is duing 1 a b sines in my country just at present Of course taxes are I. I only portly partly responsible this condition The increased cost of upkeep an Q outgrowth th of or the high cost of labor of all kh kinds ds is another big factor J in driving dri many of the older families off land thc they have long iong held t I One OIle of the tae biggest estates which will soon go in this way is that of the the duke duke e of Portland The duke recently called all his tenants together an l announced that his family finds it impo impossible sible to continue in possession possession posses posses- I sion of his vast estate V Welbeck Abbey In this instance the death dut duty inheritance tax will serve to dispossess the heirs As Welbeck Abbey is valued at t more than OO the tax tai thereon w when en it passes from the duJ duke e to his heirs will be somewhere in the neighborhood of 45 per cent The duke duk of Redford Bedford is another complainant He Ie recently made the t 1 statement that he is losing Josing a year yearby by holding on to his proper proper- ties tics such r. r circumstances it is not surprising to see these places plarea s sold soia at 8 auction I |