NOTHING NEW UNDER THE SUN (ALMOST)
17th May, 1938 : Half the city of Cardiff was sold for £20 million today in the biggest property deal in British history. The property comes from the estate of the Marquess of Bute and includes 20,000 houses, 1,000 shops and 250 public houses as well as theatres, farmland and villages. Lord Bute, who is descended from Robert III, King of Scotland in the fourteenth century, has held on to two castles. In the Great War he joined the Army as a private on 2/9 a day under the family name of Crichton-Stuart.
[250 pubs for only £20 million! What a bargain!]