Foreign News: Derby Sale

The strong tide of super-taxation in the British Isles has long been breaking up the great estates and driving limpet peers to incorporate them selves. Last week the Earl of Derby (Darbi) sold large property holdings in Liverpool and nearby Bootle and in Kirkdale and Walton to one Philip E. Hill, London financier, for about $8,500,000. The Earl, however, still retains his famed country seat at Knowlsey, also nearby.

This sale—the largest in England for years—follows those of his holdings in Whitfield and Colne (1923) and of the whole town of Bury (1925), which fetched...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!