The Problem of the Unemployed: Anonymous ...
The Problem of the Unemployed: Anonymous ...
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Since the tenements were rented by the week only, rents at once advanced, and by the end of the season the sums paid for the privilege of living in these miserable dens were fourfold greater than before, and thus nearly all the gifts to tenants were appropriated by landlords. In the same way, the millions of dollars sent by Irish immigrants in this country to relatives in Ireland have simply enabled the landlords of Ireland to demand and receive higher rents than would otherwise have been the c...ase. If, for instance, $10,000,000 were to be systematically distributed, year after year, in char- ity among the deserving poor of the slums of New York, the only effect of it, after a short time, would be to increase to that extent the rents of the land- lords owning the slums. It would have the effect of increasing the demand for tenements in these slums, and this increased demand would increase rent.
And so it is under all circumstances, the price of any tract of land, or the rent paid for the use of it, exclusive of the use of the improvements, always covers every advantage which it may have over any other tract, and from such advantage neither cap- italists nor laborers, as such, can derive any perma- nent benefit — in the end it all goes to the owner in Digitized by Google The Distribution of Wealth 169 the additional price charged for it, or for the use of it- Rent also paralyzes the hand of charity, and ren- ders futile all attempts to alleviate the condition of the very poor by means of benevolence only.
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You can find similar books in the "Read Also" column, or choose other free books by Henry Franklin Ring to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Since the tenements were rented by the week only, rents at once advanced, and by the end of the season the sums paid for the privilege of living in these miserable dens were fourfold greater than before, and thus nearly all the gifts to tenants were appropriated by landlords. In the same way, the millions of dollars sent by Irish immigrants in this country to relatives in Ireland have simply enabled the landlords of Ireland to demand and receive higher rents than would otherwise have been the c...ase. If, for instance, $10,000,000 were to be systematically distributed, year after year, in char- ity among the deserving poor of the slums of New York, the only effect of it, after a short time, would be to increase to that extent the rents of the land- lords owning the slums. It would have the effect of increasing the demand for tenements in these slums, and this increased demand would increase rent.
And so it is under all circumstances, the price of any tract of land, or the rent paid for the use of it, exclusive of the use of the improvements, always covers every advantage which it may have over any other tract, and from such advantage neither cap- italists nor laborers, as such, can derive any perma- nent benefit — in the end it all goes to the owner in Digitized by Google The Distribution of Wealth 169 the additional price charged for it, or for the use of it- Rent also paralyzes the hand of charity, and ren- ders futile all attempts to alleviate the condition of the very poor by means of benevolence only.
What to read after The Problem of the Unemployed: Anonymous ...?
You can find similar books in the "Read Also" column, or choose other free books by Henry Franklin Ring to read onlineMoreLess
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