The New American Citizen the Essentials of Civics And Economics

Cover The New American Citizen the Essentials of Civics And Economics
The New American Citizen the Essentials of Civics And Economics
Charles F Charles Fletcher Dole
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— The laws may be made either to encourage monopolists of land or to dis- courage them. It rests largely with the assessors of taxes to see that the men who hold more land than they use, hoping to make money by keeping it, shall pay as much into the treasury as if the land were sold to put buildings upon it or to cultivate it.
The rivalry of the rich. — Kings used to be foolish enough to fight with each other to extend their domain; so rich men sometimes ruin each other's property in the hope o
...f winning more at others' loss. Fortunes some- times change hands on Wall Street as at a gambling- table. Men contrive to injure the trade or the business of their rivals, to make it unprofitable to run their mills, and to drive them into bankruptcy. This sort of struggle does not make the pile of the product of the world larger, but lessens the general wealth and produces hardship as in time of war.
Waste by the rich. — A great fortune may be like a reservoir in which the water is stored to irrigate the fields.


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