Monday, Jun. 08, 1925
Notes
Lord Derby, sportsman and statesman, is the latest peer to sell part of his estates. Last week, for a price said to be in the neighborhood of five million dollars, he disposed of his Bury and Pilkington estates in Lancashire to Messrs. Green of Chesterfield. The estates comprise about 5,000 acres, on which are 50 farms, 500 houses and some 2,000 leaseholds.
The King appointed ex-Premier Lord Oxford and Asquith a Knight of the Most Noble Order of the Garter in the place of the recently deceased Lord Milner (TIME, May 25). Lord Oxford is the third living ex-Prime Minister to be so honored, the other two being Lords Rosebery and Balfour. The Order of the Garter, created in 1349 by Edward III, is the highest decoration/- in the Commonwealth.
/- A decoration is distinct from a medal, of which the highest is the Victoria Cross--which takes precedence even over the Garter.