Public and Private Economy (Poverty U.S.A. Historical Record Series : Part 1) - Hardcover

Sedgwick, Theodore

Hardcover

ISBN 10: 0405031254 ISBN 13: 9780405031250

Publisher: Ayer Co Pub

Synopsis

This historic book may have numerous typos, missing text, images, or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1838. Not illustrated. Excerpt: ... PUBLIC AND PRIVATE ECONOMY. PART II. CHAPTER I. Sec 1. I Left home in May, 1836, accompanied by a labouring man, whom I hired to attend me as far as the Hudson River. We ascended the Nobletown Mountain; and when we had arrived at the summit, which overlooks the broad and beautiful valley that lies between it and the Hudson, he exclaimed, " Heavens, how much land and property, and I have none. What is the reason ?" This is an important question to millions in his situation. The inquiry, then, is, why is there so unequal a distribution 1 Is there any good reason, in fact and nature, why a few should possess nearly all the property of the world, doing with it as they choose, leaving to the multitude so little comfort and enjoyment ? And there is another inquiry still more important. Why is so little property created or produced, when we know that the earth, with the materials that come from it, might yield a hundred, a thousand, or ten thousand times (we cannot say how much) more than they do at present ? Why, then, is there so little property to distribute compared with what there might be ? B 2. In the first part of this work, the twelfth chapter is on the causes of poverty, where some are stated. In this second part, I shall endeavour to illustrate those causes by a reference to such facts as came within my observation, the most important of which are indisputable. 3. In taking passages in the ship St. James, at New-York, for London, for myself and friend, I was required by Messrs. Grinnell & Minturn, the packet agents, to pay one hundred and forty dollars for yeach, and told that this sum included compensation <- for liquors. To paying for liquors for my friend I / objected, on the ground that, as an invalid, he drank none. The answer was, that that...

About this edition

• Publisher: Ayer Co Pub
• ISBN 10: 0405031254
• ISBN 13: 9780405031250
• Binding: Hardcover
• Number of pages: 263