Sophisms of Free-Trade and Popular Political Economy Examined Volume 20

Sophisms of Free-Trade and Popular Political Economy Examined Volume 20

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1881 edition. Excerpt: ...mere commercial principles. On the one hand private property in land, and the stability of that property, is the first essential to its due cultivation. On the other hand proprietors should not be at liberty to prevent or even impede its due cultivation. We constantly hear complaints, that land is encumbered and tied up with settlements, estates for life, charges, terms for years, and encumbrances of every sort; and that the relations between landlord and tenant, at least in Ireland, are such that the land cannot be properly cultivated. But this evil exists, not because the law has interfered so much, but because it has interfered too little. That land may be freely bought and sold, the legislature has from time to time passed many statutes of mortmain. With the same view, the Courts of Law have abolished all indestructible entails, and have destroyed perpetuities, by prohibiting settlements of property which would endure beyond a life or lives in being, and twenty-one years afterwards. But such is the imperfection of human affairs, and the necessity for constant legislative superintendence, that one mischief is scarcely eradicated when another springs up. A new sort of mortmain has now presented itself, in the shape of settled and encumbered estates: an evil of portentous magnitude, not only impeding the sale of land, but preventing its cultivation; making the most important and productive of all labor impossible, even in the midst of a superfluity of unemployed laborers; and smiting large portions of England, and one-half of Ireland, with an artificial but invincible barrenness. Owners of land have from generation to generation been left at liberty to manage, charge, and settle their lands as they thought fit. The law has interfered no...
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Product details

  • Paperback | 98 pages
  • 189 x 246 x 5mm | 191g
  • English
  • Illustrations, black and white
  • 1236947843
  • 9781236947840