Word: wealth
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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...
...lecturer, describing the influence of rent on the distribution of wealth. said that rent did not affect the customer, in that it did not affect the price of food, and moreover did not affect the wages of the 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...
...national university of the United States. Our alma mater is the Minerva in the Pantheon of American letters. Our own Cambridge suggests its English namesake. The university on the banks of the Cam is one of the glories of England. Its ancient foundations have been enriched with the wealth of the kingdom. The beauty of its lawns, the splendor of its buildings, the extent of its libraries, the richness of its scientific apparatus, and the scenes which the presence of genius has made forever illustrious inspire every intelligent visitor with feelings of profound admiration. The University of Cambridge, with...
After a lapse of half a dozen ages, Harvard will be richer in all of its appointments than the University of Cambridge is now. There is no country in the world that gives a larger share of its wealth to the advancement of letters than the United States; and in no part of our own land is there a greater munificence than in Massachusetts. Its citizens ennoble the acquisition of riches by devoting their affluence to the service of popular beneficence. Generosity has become a public sentiment. Indeed, it is already proverbial that no rich New Englander would dare...
...President Gilman before the Yale alumni at New York, on the "Idea of the American College," contains many valuable suggestions. President Gilman said: "The American college is an admirable place for the training of men. There are now three important factors at work in our colleges - increase of wealth, growth of modern sciences and the progress of religious freedom." This growth of modern science is shown, for instance, at Harvard by the fact that the needs of the department of Physics have increased so much as to be the cause of the erection of a new Physical Laboratory...