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Updated: June 1, 2025
He estimated the annual income of 160 temporal peers at L2800 per annum, 26 spiritual peers at L1300, of 800 baronets at L800, and of 600 knights at L650. He estimated the arable land at 11,000,000 acres, and pasture and meadow at 10,000,000, a total of 21,000,000.
Of this money there was, upon the calling of it in, L650,000 at least brought into the Tower; and from thence he computes that the whole money of England must be full L6,250,000.
Greg has seen all this, but I can hardly believe that he has seen it often, and I suspect that there are probably people not unfamiliar with the abodes of great landowners who have never seen it at all. Not to speak of artists and art, what does landed wealth do for popular education? The rental of the 399 landowners was estimated at, L650,000 a year.
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