Word: land
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Dates: during 1880-1889
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...Francis A. Walker delivered the first of his series of lectures on "Land Tenure" last night in Sever 11. The lecture was devoted to a statement of the origin of rent and its influence on the distribution of wealth. Gen. Walker held, of course, to the regular theory of diminishing returns, and showed that rent depended on the excess of production of the land over the production of the worst land in cultivation; that is, of the land which paid no rent. "Rent," he said, "arises from the fact of the varying degrees of production mutually contributing to the same...
...laborer, understanding laborer in the English sense, as the man who tilled the soil under the payment of the tenant farmer. The laborer's wages were regulated by the supply and demand of labor. The theory of rent could not apply to capital invested in improvements on land. There was no rent paying land, but there was not any no-interest paying capital. The interest on capital invested in land was the same as on capital invested in any other employment. Political economy has to deal with rent proper, alone...
President Walker of the Massachusetts Institute of Technology gives the first of his course of lectures on the "Tenure of Land" in Sever 11 this evening...
...also to be censured because we do not take interest enough to demand electives in American history. It cannot be denied that every young American should have more than a school knowledge of his country's history. To disregard it shows a want of pride in our native land and a lack of appreciation of, our ancestors whose trials and labors made us what...
...fight between the secret society men and the conservative faction of the Land League Convention at Philadelphia is very bitter...