The impending crisis : $b conditions resulting from the concentration of wealth in the United StatesBouroff, Basil A.
History
The impending crisis : $b conditions resulting from the concentration of wealth in the United States
Bouroff, Basil A.
Trusts, Industrial; United States -- Economic conditions; Wealth
Even the uncultivated land is a great source of income to its owner.
And if it were not so, the great landowners of England and Scotland
would not have owned fully 20,000,000 acres of the U. S. land. But now
five of them own it, and draw large incomes from it, while remaining
at home beyond the Atlantic. And the Holland syndicate and the German
syndicate could not have owned 7,000,000 acres of the U. S. land, if
it were not a source of income, even without special application of
any labor energy to it. But now the former syndicate owns 5,000,000
acres of grazing land in Western States; and the latter owns 2,000,000
acres of it in various States, as the “Up to Date, Coin’s Financial
School,” has indicated, pp. 108-118.
Footnote 51:
Chas. R. Henderson, D. D., “Social Elements,” p. 144.
Footnote 52:
Some one may of course prefer to live in another’s house, as they say,
not willing to pay taxes for his own property. But a just taxation can
never cause this trouble. The abnormity of taxation is shown here in
Chapter VI.
Footnote 53:
Land, Capital, Rentables, Salables are income-bearing properties.
Footnote 54:
“Encyclopedia of Social Reform,” p. 1389.
Footnote 55:
_Dividogenesure_ means: (As a class and as an individual, I am the
owner of land, of wealth and capital): Divide with me your sole
results of active energy upon my source of wealth, or else you may be
sure you have only the right to starve from drain by others without
this supply. [Latin: _divido_, divide, part, separate. Greek:
_genesis_, origin, source, creation, origination, production. Latin:
_ure_, (perish) by rust, by fire, by cold, wither, dry up, or starve
to death.]
Footnote 56:
Here, p. 32 or 36.
Footnote 57:
Dr. Warner, American Charities, pp. 178-9, Dr. T. Ely’s edition.
Footnote 58:
I italicized his words.
Footnote 59:
I italicized his words.
Footnote 60:
Dr. Warner, ibidem, p. 181.
Footnote 61:
Remember that these conclusions are moderate.
Footnote 62:
These owning families include the mortgagors.
Footnote 63:
Many of these home-owning families are in debt, and their homes serve
as securities for it.
Footnote 64:
Enc. of Soc. R., pp. 899-900.
Footnote 65:
He pays rent.
Footnote 66:
He pays rent and divides the results of his labor, p. 58-61.
Footnote 67:
See conclusion, p. 18.
Footnote 68:
Mr. Wright, “Atlantic Monthly” for September, 1897.
Footnote 69:
See his conclusions and my explanation of them, here, pp. 12, 13.
Footnote 70:
Compare for this the original tables, pp. 28, 32 and 51.
Footnote 71:
See 1st R. table, group 1st, p. 47, and as individuals, p. 51.
Footnote 72:
Mayo Smith, “Statistics and Sociology,” pp. 200, 201-2.
Footnote 73:
Mr. E. Atkinson, “The Distribution of Products,” p. 15.
Footnote 74:
Ib., p. 22.
Footnote 75:
Ed. Atkinson, ib. p. 27.
Footnote 76:
Public-domain text, read in full here on John Shaqi.
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