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Sign up freeThe Hillsborough Recorder
Hillsboro, Orange County, North Carolina
What is this article about?
An English paper reports that half of Spain's most fertile and productive land, previously owned by the inquisition, monks, privileged orders, and clergy, is now on sale, valued at 200 million dollars with 5 million already sold. The Cortes granted the clergy half their former tithes in exchange. This post-revolution measure is expected to distribute property to new classes, boosting population and national wealth.
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Where did it happen?
Foreign News Details
Primary Location
Spain
Outcome
property valued at 200 million dollars, with about 5 million dollars worth already sold; expected distribution to new classes leading to increased population and national wealth.
Event Details
One half of Spain's most fertile, best situated, and productive land, formerly belonging to the inquisition, monks, privileged orders, and clergy, is now on sale. In exchange, the Cortes have given the clergy one half of their former tithes. This follows the revolution, driven by intolerable abuses including tax exemptions for these groups, and is anticipated to revive Spain's population, strength, and commerce.