The Science of Wealth: a Manual of Political Economy. Embracing the Laws of Trade, Currency, And ...

Cover The Science of Wealth: a Manual of Political Economy. Embracing the Laws of Trade, Currency, And ...
The Science of Wealth: a Manual of Political Economy. Embracing the Laws of Trade, Currency, And ...
Amasa Walker
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296 DISTRIBUTION.
[BOOK TV.
THE FIRST ELEMENT OF RENT.
Location. — This grows out of the social condition of man, to whicli we have alluded. If men lived as isolate beings, and tliere were land enoiigh for all, and the whole'equally fertile, there would be no rent ; but, once gathered into vil- lages and communities, rent would make its appearance, although there were as much land as all desired, and each pari eqtmlly productive, This point we shall endeavor to make piain by an illus- tration.*
... A colony of thirteen families settles along the shore, wliere all the land is unclaimed, and immigrants have only to choose where and how much they will occupy. We will suppose the land all equally fertile, agreeable, and ac- cessible. In point of fact, there shall be no natural differ- ence between one lot of one hundred and sixty acrcs (what each family desires) and another ; absolutely no choice aris- ing from any thing appertaining to the land. They accord- ingly lay out' thirteen lots half a mile Square.

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