A Text-Book on National Economy: For Use in Schools (Classic Reprint) - Hardcover

A. G. Clarke

9780428917203: A Text-Book on National Economy: For Use in Schools (Classic Reprint)

Hardcover

ISBN 10: 0428917208 ISBN 13: 9780428917203

Publisher: Forgotten Books, 2018

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Excerpt from A Text-Book on National Economy: For Use in Schools

Government in defiance of obstructive private claims will not be fair, unless there is also compensation of the individuals, whose encouraged services or legalised properties have been changed into undesirable control and obstruction by circumstances more or less unexpected. Compensation is equally fair with and complementary to Government acquisition. Whether it be a private railway, failing in various ways from its very private ness, or schools of some voluntary association which have been unable to cover the ground or reach a rising stan dard, or estate ownership which stands in the way of some necessary dock reconstruction, or in the many other instances which come to the mind, compensation is due from the law in fairness, because in the past the law has at least recognised and would have been prepared to uphold these activities and possessions.

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