1951-02-24 — Page 5

Page

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We make a Claim

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THE CHINA MAIL, SATURDAY, FEBRÚARY 24, 1951.

BADIAN HOUSEWARD

IN FUTURE BEEFEATERS SALARIES [WILL BE PAID) 1BY THE STATE

"Nationalised corned, beef-nators-that's what we are.

London Express Service

EVEN WITH THE WEALTH THIS MAN LEFT-AN EMERALD WORTH A KING'S RANSOM, LARGE SLICES OF BUXTON AND EASTBOURNE, A FORTUNE IN ART TREASURES, AND MORE-

How would you like to have to find

£4,000,000

FASCINATING

game

of Fox and Geese is being played round the Treasury in Whitehall just now.

The fox is the Inland Revenue: the geese are the agents, men- of-business and lawyers of the house of Cavendish; their prize... the millions of pounds of death duties on the estate of the late Duke of Devonshire, head of that family, who died last November.

The duke owns perhaps the largest uncut

emerald known.

ther?

-IN CASH?

Over the years the earls of Two hours later the duko Devonshire ploughed back their himself was dead-of a strained rents. They became richer and heart. He was only 55 and richer, they were promoted to there were four months of the a dukedom.

Ave seara to Tun

So the late duke-the tenth- The Cavendishes, and the

tion when, to some buttery com-

Uncut it is an interesting curio; might well laugh at the sensa- cut-a king's ransom. Its value pliments on his magnilleent art A nice debating point... collections, he replied that the The duke does not dispute that he will have to pay very only antiques he owned were substantial duties." He will not the clothes he stood up in

figh

that. "I cannot foresco

any circumstances in which I am likely to go to law, but," he says, "I am negotiating with the Treasury over the value of the estate.

wigeerds, were flashed.

Say the

The tenth duke

This stately but cumbersome white elephant has lately taken to laying golden cigs. Last year more than 100,000 people paid 2s. 6d. to visit it. That is £12,500-not a contemptible income.

ART COLLECTONS? Only & collections, the the national duke's estate was British Museum or a univer- £8,000,000 in mansions, farms, sity make an offer. If the duke woods,

Jowels, pictures, and sells to them he escapes duty. The duty at 80 It to anyone else the heirloom furniture, percent would be £0,100,000, to clause is cancelled and he pays!

full rates. be paid in cash.

Everything would have to be COMPTON PLACE, his house The crashing oak market in one huge mass none once rented? Probably not the sold up and placed on the in Eastbourne which George V. of it would realise its nominal house, but he may easily sell value.

the large block of Eastbourtic he 'owns, and in partictilar his lucrative water rights.

a

THIS paradox of the princely with pauper "It would, therefore, be most librarian to look after his books private improper for me to quote any Bgures on the estate's valued a rational explanation.

Tine business man, he and probably most misleading, too. Anyway, we have not sorte pretions to preserve his Grace rarely permits himself his great fortune,

a "haven't" "yet had time to

How

As soon

તો "50" sc the information the as he turn- has asked for."

did This Cavendish family come by its great wealth? Though they pillaged the monasteries for Henry VII, a their real woman gave them

start in, life.

Free

Bess of Hardwick was "a

woman

gave it all

to 21 trust company,

He had only to live dive

years after

making this

NICHOLAS PHIPPS

under gift and it would escape

of masculine standing. & speculator, money. death duties, lender, farmer, coal and timber

merchant:

A small oak tree

unfeelingurious, selfish, these schemes.

and

An heiress, herself, she married four rich men. Each died shortly after she had persuaded him to leave her all he had.

She left her fortune to her favourite second son, who then bought the earldom of Devon- shire-for £10,000, gossips.

A

took

لله

undid all

Duty free

That is the steady, profitable, easily realised investment an Insurance company or big City investment trust might like.

N fact, the duke is in less Try VIIght. Duty in be charged at 80 percent but for a start thore-is-a rebate of 45 percent on agricultural land - something like 100,000 acres, the duke claims.

Next, heirlooms the Treasury of the big bouses to go. Set in deems of

Historic, 20,000 acres, all "pleturesque,“ betional artistic, or scientific interest are the Government might buy it

tom

exempt fro

ABBEY-4 great BOLTON barracks of a palace in York- shire, where former dukes have entertained-royalty?--Family friends say it is the most likely

from duly.

under Artistic value?

Leonardo, scheme.

the

Parks

. National

Raphael, Titian, Rembrandt, Rubens,

Land THE 100,000 ACRES? Velasquez, Watteau-the top of now commands a ready market. the cream-all bang in the and an inflated price. His Gráce. could sell a sizable chutík modt Rich enough to gratify almost duke's picture galleries.

Fifty-five of his more con- profitably without much pér- any whim or taste, the duke's principal relaxation was cutting siderable pictures were insured sonal convenience. down trees. That small oak tree for £1,000,000 when he once

tough. The duko, too, lent them. was concealed a streak of toughness under his mild exterior, and

The library at. Chatsworth, which is the finest private one

A great name

AR

said the finally the tree came crashing in Britain, the Griniing Gibbons will be sell Birton? The

down.

Flying-boats have had it!

1 .

carvings in his private chapel,

duke owns IKIch of the spa town in Derbyshire (pop. 15,000),

the famous tapestries, the even Though less valuable thin his more famous early Greek Apollo Eastbourne property and not so and a host of lesser treasures, easy to sell as dgricultural land, Will all probably get through the dake can have little person- under this "artistic value" l'intéreät in it and it wili prob-

ably be sold

clause.

Finally, the duke's large From being one of the richiest estates in Elre are out of the men in the country, the duke Inland Revenue's reach.

will descend to being just a very rich man.

ין

A reasonable glass in that the by Wing-Commander PAUL NICHEY, D.F.C.

duke will finally have to And But it the différence between

for £4,000,000

the Next, he argues that a land-Rovenue, Will he bell:

Inland a duke and the rest of us fa F the Government abandona

an undercarriage

great name, a groat House, tind work on the glant Saunders- plane needs

a great mass of beautiful things, CHATSWORTH, irls Hoe S.R. 45 Princess flying-boat, which.adds weight.

most the Devonshires will be dukes which seems likely, this type of

Tamous mansion,

which onco housed 470 people? For all his in the fullest sense of the word aircraft thay be dead for evet.

for at least another generation. caution, the

-{London

equain

Sir Arthur's opponents 80 First, the use of rocket-assist The flying-boat-and its ance for take-off and emelent the Goat-plane have braking systems have made. had forty-odd years of adven- existing runways usable by air- tore through the efforts of the craft as big as we are ever like- three great British flying-boat by to gred. firms Supermarine, Saunders- Roe, and, above all, Short Brothers.

Becond, they say, the weather restricts flying-boats to sheltered marine basés.

I believe the flying-boat 15 dying but dying hard. Never Third, the installation of since the British cavalry re- adequate blind-opproach systems placed horses with tanks has a at marine bases is difficult. controversy sparked such high feeling.

What is the argument about?

Fourth, water does not abound everywhere. London is 70 miles all from the nearest suitable stretch. Most world capitals are oven further.

Chief flying-boat protagonist

Is Sir Arthur Gouge, dealer of Fifth, undercarriages pay their the Short series and now chief way, they tugly into dealmer for Saunders-Roc. He streamlined hull.

designed the huge Princess.

of

B

A boat-shapé, 'can_naver be a

Gouge argues that in all forms perfect air shape. The problem

1 transport-road, rail, and as is how to get —lid largest · unit has always

proved the most Mclent unices alpe off the

our perfect air-

earth's surface,

restricted by factors outside the swiftly through the air, hhd

For example, the siz safely down again.

16

of roads bouring capacity of Look ahead, 'not' back. In a rafs, and the size bi pori facili fow rear time our aircraft will tek ato fertfictive.

Can thebrett solely hemble the V2 rbetét Thi n th b cally be fumensely lawen Vertical take-out and theland Blane boca UNC 1) to mid all-down Lundgren Thai jota Bland" with "* reeled by runway Bize and

dot."

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