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History. Discovered.
FROM THE ARCHIVENov 22, 1914·New York, New York

UN EARNED INCREMENT DEBATE

Scanned from World War History : Daily Records And Comments As Appeared In American And Foreign Newspapers,, Nov 22, 1914
UN EARNED INCREMENT DEBATE
Source image courtesy of the Library of Congress · Chronicling America
Page transcript (OCR)

Y SUMILINDNESS Neither The Globe nor Farm and Dairy can touch. The Weekly Sun regarding tax reform but readers now holding our contemporarys attitude may be more amenable to reason. The Weekly Sun twice printed a paragraph to evoke an explanation of the fact that the public which acts mostly from motives of gain persists here abouts in flocking to those places where the un earned increment is highest Could. The Sun distinguish between cause and effect it would ask an explanation of the fact that the unearned in crement or land value is highest where the public persists in flocking.

While the public flock to any area the value of land there increases. When they cease to flock the value ceases to increase. When they move away the value proportionately disappears. The value of land is the income capitalized which its owner can levy on others by virtue of ownership.

This immediate value is varied by expected changes in such income Torontos population doubled in a decade Commercial industrial educational and other advantages attracted the people. They brought much wealth or orders for much wealth with them. Those on the ground before the flocking were able to live on.

OCR may contain errors typical of early 20th-century print scans. Punctuation and paragraph breaks have been reconstructed for readability.