His diversion rather than his profit was the care and rental of about twenty small houses, some of which he built to fit his pensioners.

"'He required, he said, a furnished room at a moderate rental for a permanency, with full attendance when he was in, but he added that he would often be away for two or three days, or even longer, at a time.

Quieter than most, since it was vacant much of the time and the ceremonious sign of the Mordaunt Estate, "For Rental to Suitable Tenant," invited inspection.

His father must have been in respectable circumstances, as there was at that time a law in full force prohibiting any youth from being apprenticed to trade whose parent was not possessed of a certain rental in land.

Of the later ones, that for 1786a bad farming yearincludes rentals on more than a score of parcels of land amounting to £282.15, £25 rental on his fishery, payments for flour, stud fees, etc.

Since the value of material wealth is the capitalization of the rentals at the prevailing rate of interest, a general, ad valorem, property tax, so far as it applies to material wealth, and if it were accurately assessed, would take an approximately equal proportion of wealth-incomes.

"He is a proud and reserved ex-butcher, named Wagboom, now doing a limited but high-class business in rentals as the Mordaunt Estate.

In 1864 he had vigorously supported a bill for enlarging the parliamentary franchise by reducing the limit of required rental from £10 to £6, declaring that the burden of proof rested on those who would exclude forty-nine-fiftieths of the working-classes from the franchise.

Central sites for shops might, for instance, fetch a higher rental than before.