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Greenwood, William

"Confiscation; an outline"


The cost of moderately sized buildings would of course depend on
circumstances, but it should not exceed a few hundred dollars; and as it
would be a more profitable investment for a county to help a settler,
that is already on the ground, to get a start, than to spend the money
trying to get him there, as is the practice now, there can be no serious
reason why the voters should not authorize their local Government to
extend the necessary aid, and make it optional with the borrower whether
he shall pay in money or work; the length of time and other details to
be governed by circumstances, but no interest to be charged. If this
last causes some apparent loss, let it be charged to the old pumpkin
fund.
There are people of small means who have taken mortgages on land, and
these must be protected, as we have already done in the case of like
investors in paper-represented property. But if these small lenders are
already owners of one hundred and sixty acres they must make the best
terms they can with their debtors, for it is a cardinal idea of this
needed readjustment that no one shall own more than 160 acres. But if
the lender does not own that amount of land, he can get and hold title
as at present.


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