The British Crown, since Queen Anne, has passed at the following dates:

Anne,1702
George I.,1714
George II.,1727
George III.,1760
George IV.,1820
William IV.,1830
Victoria,1837
Edward VII.,1901
George V.,1910

Thus, in 208 years, the Crown has passed eight times, or, on the average, once in about 26 years.

I have investigated the dates at which a considerable number of well-known estates have passed at death during two centuries and have found the most remarkable variations in different families. The Earldom of Suffolk has passed at average intervals of 16.7 years between 1731 and 1898. The Earldom of Coventry has passed at intervals of 22 years between 1712 and 1843. These are intervals which are well under the average, while above the mean are cases quite as remarkable. The Earldom of Essex, between 1709 and 1892, has passed only four times, giving an average of 45.7 years. The Earldom of Bathurst, again, between 1775 and 1892, passed only five times, giving an average of 43.4 years.

Taking the mean of a large number of actual cases, I get an average of 29.2 years and I have decided to take 30 as a round figure which cannot be far from the truth. Assuming, then, that there are thirty living property owners for every dead one in the final column of the table on page 53, I have constructed the table entitled "The Division of Property: An Argument from the Dead to the Living," which appears on pages 74 and 75. The figures in columns 1 and 2, taken from the table in Chapter 4, are multiplied by 30 to form the figures in columns 3 and 4. The results are exceedingly interesting.

THE DIVISION OF PROPERTY: AN ARGUMENT
FROM THE DEAD TO THE LIVING

CLASSES OF ESTATETHE DEAD
Averages of the Death Duty Records in the five years 1904-5 to 1908-9.
(1)
PERSONS.
(2)
PROPERTY.
£
Less than £100 net15,956900,00
Less than £300 gross18,9173,600,000
£300 to £500 gross9,2883,700,000
£100 to £500 net6,0742,700,000
Total Estates not over £50050,23510,900,000

£500 to £1,000 net10,4048,600,000
£1,000 to £10,000 net 16,91062,100,000
£10,000 to £25,000 net2,33841,000,000
£25,000 to £50,000 net91035,100,000
£50,000 to £75,000 net29119,400,000
£75,000 to £100,000 net14513,200,000
£100,000 to £150,000 net13316,900,000
£150,000 to £250,000 net9019,700,000
£250,000 to £500,000 net5420,600,000
£500,000 to £1,000,000 net1913,600,000
Over £1,000,000 net718,100,000
Total Estates over £50031,301268,300,000

Grand Total81,536279,200,000

CLASSES OF ESTATETHE LIVINGAVERAGE VALUE OF ESTATES PER HEAD.
Figures of columns 1 and 2 multiplied by 30 upon the assumption that each dead property owner in column 1 corresponds to 30 living ones.
(3)
PERSONS.
(4)
PROPERTY.
££
Less than £100 net478,68027,000,00056
Less than £300 gross567,510108,000,000190
£300 to £500 gross278,640111,000,000398
£100 to £500 net182,22081,000,000444
Total Estates not over £5001,507,050327,000,000216

£500 to £1,000 net312,120258,000,000826
£1,000 to £10,000 net 507,3001,863,000,0003,672
£10,000 to £25,000 net70,1401,230,000,00017,536
£25,000 to £50,000 net27,3001,053,000,00038,571
£50,000 to £75,000 net8,730582,000,00066,600
£75,000 to £100,000 net4,350396,000,00091,034
£100,000 to £150,000 net3,990507,000,000127,067
£150,000 to £250,000 net2,700591,000,000218,800
£250,000 to £500,000 net1,620618,000,000381,481
£500,000 to £1,000,000 net570408,000,000715,789
Over £1,000,000 net210543,000,0002,585,714
Total Estates over £500939,0308,049,000,0008,571

Grand Total2,446,0808,376,000,0003,424