Land reform and its financial arrangements are central elements of modern Irish history. Yet to date, the financial mechanisms underpinning Irish land reform have been overlooked. The article outlines the mechanisms of land reform in Ireland and the importance of land bonds to the process. Advances worth over £127 million were made to tenant farmers to purchase their holdings. These schemes enabled the transfer of over three-quarters of land on the island of Ireland. The article introduces a new database on Irish land bonds listed on the Dublin Stock Exchange from 1891 to 1938. It illustrates the nature of these bonds and presents data on their size, liquidity and market returns. The article finds a high level of state banking in Ireland: large issues of land bonds were held by state-owned savings banks.

中文翻译：

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利用爱尔兰土地问题：1891-1938 年爱尔兰的土地改革和国家银行

土地改革及其财政安排是现代爱尔兰历史的核心要素。然而迄今为止，支持爱尔兰土地改革的金融机制一直被忽视。本文概述了爱尔兰土地改革的机制以及土地债券对这一进程的重要性。向佃农支付了价值超过 1.27 亿英镑的预付款以购买他们的财产。这些计划使爱尔兰岛上超过四分之三的土地得以转让。本文介绍了 1891 年至 1938 年在都柏林证券交易所上市的爱尔兰土地债券的新数据库。它说明了这些债券的性质，并提供了有关其规模、流动性和市场回报的数据。文章发现爱尔兰的国有银行业务水平很高：国有储蓄银行持有大量土地债券。