150.
To J. B. Holroyd, Esq.
Beriton, 21st of October, 1772.
To quit a subject now become a matter of curiosity, I shall only say that in this country the Hampshire Gentleman is supposed to have lett his farm exceedingly high, and that on every side he hears compliments from the Gentlemen and clamours from the Farmers. He did not sneakingly conceal, &c. The Tenant pays for the seeds, the Fallows were given him, from the opinion of Hugonin, &c., who agreed that they were very ill made. But now, hark forward.
The Gosling's impatience will I fear hurry us very unpleasantly. Their proposal of the New River share would not suit in any respect. It brings in at least £260 pr. annum, yearly encreasing, and must, I should think, as freehold be worth thirty years' purchase; call it £8000. The average (for it varies prodigiously) of the Copper share is under £100. I cannot think it would sell for more than £1500. When that was done, instead of a surplus of Money, I should find myself possessed of two Landed Estates, with at least £7000 mortgage on one of them, and for a time totally disabled from buying a house or forming any plans of life, for a great deal of the farm stock must go towards paying a variety of middling debts of my most careless Father, which it was unnecessary to trouble you with. So that scheme will never answer. I tell my Fleet Street friends that if it will be very inconvenient to them to allow me another year, or even to stay the Winter, I must endeavour to get their Mortgage transferred for a twelfmonth to some other Person, which cannot be done without trouble and expence. In either case we must act with vigour. I am so far from chusing to sell under 30 years' purchase (a bare £20,000 without Manor, &c.) that I think that a very sorry price: They are still at old Rents. Why cannot we try an auction of the whole before we divide? I wish to see you, and think Denham a good place of Rendez-vous: But before I can get from hence, carry Mrs. G. to Bath, and traverse to Bucks, it will grow towards the 10th of November. Will that do? To another man, I should talk nonsense about trouble, obligation, gratitude, &c. &c. To you, I only say, If I can't meet you at Denham, take R. Way with you, carve Lenborough and let the Deed itself serve you for a reward. I have had another letter from Harris: not a word about Lord V. But he speaks of Mr. Monkeith, a rich man who liked the Estate, and objected only to the Poor's tax. I desired he would give him my direction at the Cocoa Tree, and inform that that objection was removed. Adieu. You do not say a word about Mrs. H. I hope she is better.
E. G.