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Updated: May 6, 2025
The effect of this fatal policy of giving away all power of supervision and management has been made manifest in the past, and is yet visible on those portions of the estate the three-life leases of which have not yet fallen in.
The 3,300 tenants on Lord Kenmare's property have been mainly put upon the land by middlemen who made a great profit out of their three-life leases. The lands of Mastergechy, Knockacrea, and Knockacappul are all let at an immense reduction on Griffith's valuation, but to middlemen, who realise from 200 to 300 per cent. on their investment.
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