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A man passes a day in early twentieth-century Dublin, in a journey patterned on Homer’s Odyssey.

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Table of Contents

Chapter 17

How much and how did he propose to pay for this country residence?

As per prospectus of the Industrious Foreign Acclimatised Nationalised Friendly Stateaided Building Society (incorporated 1874 ), a maximum of £60 per annum, being ⅙ of an assured income, derived from giltedged securities, representing at 5% simple interest on capital of £1,200 (estimate of price at 20 years purchase) of which ⅓ to be paid on acquisition and the balance in the form of annual rent, viz. £800 plus 2½% interest on the same, repayable quarterly in equal annual instalments until extinction by amortisation of loan advanced for purchase within a period of 20 years, amounting to an annual rental of £64, headrent included, the titledeeds to remain in possession of the lender or lenders with a saving clause envisaging forced sale, foreclosure and mutual compensation in the event of protracted failure to pay the terms assigned, otherwise the messuage to become the absolute property of the tenant occupier upon expiry of the period of years stipulated.

What rapid but insecure means to opulence might facilitate immediate purchase?

A private wireless telegraph which would transmit by dot and dash system the result of a national equine handicap (flat or steeplechase) of 1

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