EXHIBIT 14
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the captions "Additional
Information about Legg Mason Balanced Trust - Financial Highlights" and
"Experts" in the Prospectus/Proxy Statement of Legg Mason Balanced Trust and
Bartlett Basic Value Fund, dated January 26, 2001, and "Financial Highlights" in
the Prospectuses and "Financial Statements" in the Statement of Additional
Information of Legg Mason Investors Trust, Inc., dated July 31, 2000, and to the
incorporation by reference in this Registration Statement (Form N-14)(No.
811-7692) of Legg Mason Investors Trust, Inc., of our report dated May 3, 2000,
included in the Legg Mason Balanced Trust 2000 Annual Report to shareholders.
ERNST & YOUNG LLP
Philadelphia, Pennsylvania
December 15, 2000
