Word: land
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Dates: during 1920-1929
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...prime factors in the production of wealth are natural resources--land the most common--and human labor. To these the common-sense of man has added a third factor, which is essential to our present scale of production, capital--that portion of wealth which is laid aside to assist in future production. Current wealth production must be apportioned, on some basis, to the three factors in the form of rent to land, wages to labor and interest to capital. And from rent, wages and interest, one or all, must come the current living expenses of individuals, current expenses...
...clearly evident that the value of the factors labor and capital must be the cost of reproduction, the number and amount of each being relatively limitless and that, both being relatively mobile, location has little to do with value. But Natural Resources (land) being incapable of reproduction and being immovable, their value depends entirely upon location; and that location--value, in turn, depends upon accessibility and desirability, affected in large part by the expenditure of public money for highways and other public improvements. So it is seen that if we could collect taxes on the basis of land values...
Pleased was Secretary of Agriculture Arthur Mastick Hyde to be able to report to President Hoover a "gradual improvement" in husbandry. Farm incomes ($12,527,000,000) were higher than in the last three years. The decline in land values had been retarded. Fewer husbandmen were quitting their acres for the city. Some 1929 farm facts...
When, 28 years ago, Simon I. Patiño was a bill collector for a Bolivian general store, he accepted from a debtor certain mountain lands instead of $250. The store discharged him after making him pay $250 in cash. Impoverished, he went to see the land, dug, discovered tin. Today he heads the Patiño Mines and Enterprises Consolidated, is one of the world's richest men, with a personal income exceeding that of the Bolivian Government. Although as Ambassador to France Patiño divides his time between Paris and his Biarritz castle, he is still...
...Distribution Under Zoning and Planning" will be the subject of research conducted by Mr. Whitten. He will endeavor to determine particularly how sparse population may be spread and still meet the cost of city improvements and adequate housing. New light thrown on this subject is expected to benefit realtors, land owners, and the individual householder...