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Foreign News November 18, 1823

American Watchman And Delaware Advertiser

Wilmington, New Castle County, Delaware

What is this article about?

Fonthill Abbey, built at a cost of one million sterling to Mr. Beckford, sold to Mr. Farquhar for 330,000l, with 120,000l deducted for selected books. The estate includes nearly 5,000 acres of highly cultivated land. Beckford's financial losses from defective titles to West India estates and lawsuits, plus lavish spending of 80,000l annually on an income once at 160,000l, necessitated the sale. He reportedly left without regret, amid anecdotes of his opulent lifestyle with numerous retainers and costly dinners.

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Fonthill Abbey.—It appears by the late London papers that this magnificent place, which cost Mr. Beckford a million sterling, has been sold to Mr. Farquhar for 330,000l. Mr. Beckford afterwards deducted 120,000l. for a selection of books. Besides the Abbey and its treasures, there are nearly 5,000 acres of land attached to it, in the highest state of cultivation, Mr. B. having for many years employed about 400 laborers in making improvements. In addition to this expense, he lived at the rate of 80,000l. a year. His losses by defective titles to his West India estates and the expense of several years lawsuits, &c. had reduced him to the necessity of making the present sale. It is said that he quit the premises without a sigh. "I must leave it," said he, "and I am prepared to meet the public surprise. Beckford they will say, has squandered his large fortune. To me it is a matter of perfect indifference."

It is added, that the lazy vermin of the hall, those trappings of his folly, swarmed at Fonthill. Mr. B. never moved without a circle of them in attendance—they formed an appendage of his invincible pride. His liveried retainers stood in numerous succession, watchful sentinels at his door, and at fixed periods anticipated their master's wants. It is also said that for a long time his income was 160,000l. per annum. When dining alone, with Franchi, his secretary, he had never less than twenty dishes of the most costly kind.—[The London papers contain hundreds of other anecdotes respecting this gentleman, which may or may not be true. It is certainly true that he has been rich, that he has spent millions and is now a poor man.]

What sub-type of article is it?

Economic Colonial Affairs

What keywords are associated?

Fonthill Abbey Sale Beckford Finances West India Estates Losses Lavish Spending Property Sale

What entities or persons were involved?

Mr. Beckford Mr. Farquhar Franchi

Where did it happen?

Fonthill Abbey

Foreign News Details

Primary Location

Fonthill Abbey

Event Date

Late London Papers

Key Persons

Mr. Beckford Mr. Farquhar Franchi

Outcome

sold to mr. farquhar for 330,000l. mr. beckford deducted 120,000l. for books; reduced to necessity of sale due to losses from west india estates and lawsuits; now a poor man after spending millions

Event Details

Fonthill Abbey, costing a million sterling, sold including nearly 5,000 acres of cultivated land improved by 400 laborers; Beckford lived at 80,000l. a year on former 160,000l. income; losses from defective West India estate titles and lawsuits forced sale; quit without sigh, indifferent to public opinion; anecdotes of lavish lifestyle with retainers and costly dinners

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