New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-12-07
The Interest ou..ssn and Land n's'p'''

80 H.. t.,,ly b,.pss wage >. poia. ~aefe tie
ias.rer subsst "a Tree % osher .sT - Sc
40, ogse ooedigrcsf 10 tte-c other rue op-rsilvo
yo1 tLi1 nature - save tna helyesS soOrer ffoin
aoiao1 interior % that Of t1s vs.ifo and earsfsAy
honset saosls iG4s Psri9in ~ .aTss share oi III.
C.ll4fsl So.Ei
Wsi7ias r. he yrsiost fsrt-sr irqs.-J iaso tie
remedy iCf . cyl le' 20 p. 80 srt-s thrt -
ben maze 10 ins CsycTy NitE'0 ry Jesrs 10 fe.er.
eDce rae ris1ts o. property. - TIE cnG1 n-tce r .
NJ tbs century = d tre rg1s d properly u
ncs-csrzts cs5tof, ~ rafteT nor &c NAY a4ss -
ms5e poor. kDU ucQ zss.1ned "a ilt- srt5 N-y'
hI cpfpse ngLI bsge oeel srrette1 - ~ Fsy -
ths grsye ur. IL Uss REDEEMED from 49, creditor y
to- payne O! ~ D.
~ tazf iifue ~ '.ai c5glt r.7e Osan - -e1 ~
toe sf-set arc oC-oresc . al I've Food y iis.1
stssLs > order 20 o.scr1Tge 4-7t co7rs - 4"
Biz ordinary 1ea4.Dgs A.. t1.s e Lon cn@ESso
ianpris0ul1eut ior mere Deb. lnsccoT Yea.eo y
fraud = a. 20 end, EXCEPT a. some b7nghtc1 clF"bl
10 D-'sNsre. Il is $50 o-er-ed - many t0'' 30
t-lpy s Cue = nsa1s ~ so 'hcrer, - We. - ~
hi. c~e1,0,s sn5 his l1r!t1Is - bed ire@ rom V-'
grasp sGd u Is 70 bo boped hat small L9ine $50
vii .oOa ID szeDpi froc tacif ciaf.' "D'sc 'ne
s1n II asr 5.rne d 90 10 ih' cJsu,t q re -
% para i,led - sTel ard Da1e rrf1y - enpI 81"
yeg otsUsrai.oo Epo- t1e cO4'7st Spete io@ i-thef
- talS Ir Z. 1s s1c.siy tA-t tacas re p'e-s
H. Den sests sou'i b. itrtercd from iae oge. a"',
TO- evils ADD cru.oa g eH-cs. Of entire oCst-cuon, NV
ola enough 3. take tte.f ogI r3Ck ~ tOc co.. au1
nan Lsf ts refuge ssood BE broken AZ e. eXrn. u-
u whole calm, ~ credit - who E"re % r'c4J T.
mako tscr Oen trfus sat eusct t1eif 80 sf'1I =
Vt-l he DEBT Wa ecEtfscird
Ikis fciofr r5Gtf 20 an. Ire sPH1 "i lie 90.
l,fs t0sp the genius - cur irstfoucls lcUsrcf 20
elevation Of Tho Mb1Iih2 cia5ses. AID nc fFioi@ u
those sw- liar KENO - isessssc Toe nclu&aneS - -
eiety
IL YrLuae rs. iAbores sad vim effect IA promo
uog this reform. u hss however 10 to7 op.niCn o.
ns0y efTcd ia attaching too much mp"fta0ee = Lano
Monopoly "a n means Ci sgefayaAbg toss s)citl !4t
quality Land IN the Uo,sd sts,ss a VI al su' -c.s ~
roysrty that Of which there is the sssstoss SUPER
slundsucs. capitalist rnishs 50 vel vno'f'sSe %
ineresfe bis wealth BY mobopcAzlhg the air VI VAT
al - epgrOss the vide * ont Of uHoccoP'ea h-d IL
the United s'st~s 10 fat many wealthy mea aaTa
been ruined ~ their landed est,es II 10 - 81 pro-
psrty the least productive anu least hkey 70 o4ias
about great inequality In iocieiy and - t mast re
g0tl q, mss population easbcs the oNners - e1sct
vastly bighor prices than now be obi-ined The
sreat source OF Inequality Of ior'uns IN this county
results from smother cause e0c ernther kod o pr
uerty 10 looking among tha wealthy men IN TIC
United States IL viii be found tnst II r fortunes wore
cbl-fy made ~ dsEtfous u.s. ~ moneyed csy'"i-
Money originally employed Is mere n'ss1ff OF
value ls Ec.o Sed e. means OF increase OF SccuAu
don sna he bsh Tale Of interest enables those wno
oonto IL 10 sccuuulete prcps!" faster Than Ia any
o,1er busln 4" Agriculture, essentially tue bTst %
al empoymcots will rot allow those vac loho" It 70
psy per cent for capitsl ussd u farming
Real estate Ia cities yields per cont incomei
and yea the banks are dividing ~ end y per cert
while those ~ho des In dltcouGtsg or buying notes
often realize tRice that prOGL
How 10 II with The commercial clasaes, whose bust
ness IL 90 much carried by credit Are their prot
lie equal 10 thOIe o. oeers h money! Let toe ssiI
ling tstsics set foith Ia able article Banking In
thS November number Of HUnfs MaRa.tne, reply
Ninety i've Per cent q those engaged Ia trade fa 10
those cities where business "a concuctef Ia the most
caution manner. and greater portion ia the Tesdue
Of tho country Tnis ruDous result Justly attributed
10 the high rste OF interest absorbing the profit, II all
other pursuits, and. "a short, making tho whole con-
nUniy tributary 10 he mo1ry lender ls any such re-
ut 10 be attributed to the large landowners Are
heir tenants, or those purchasing under them iDpOy
riahed by iher pun On The contrary are they
lot Independent In their position ard, though mol dch
invariably OIniortable n their c'-oum1iances.
Let those who complain Of iae growing Heq1@hJ u
onditop ard would save tho country from The curse
4 oyergruwn oeitSliss, sprrouDdef By fqusid and
!opsu 5sut pop-stou, t1ro their attention t. the ve
auIo. Let hem not Prste oi Lend Monopoly. bat an
Inc the question CT Interest and look a. tho gefulu
II ,xorbi,-nt e~.cs@d in thi. State end
ploy their bes, faculties TO devise arcmsay
n EEWNCRkER
Remarks
There are many means, sooisl and political. Of
aiding the progress, extending the happiness aud
the security Of Society, snd 1T is the
business Of The Tt,5aae as far e, il is informed
espsciing them, to make them known - the PEG.
pie ead 90 all thst iies IN ts power 10 bring about
heir practical use. From the first, our policy has
,een to yield lbe hospitality of CIR colUnns, and,
ia occasion offered and our convictions iHpeiied.
promised benefit 20 the community. withou. too
,srefglly inqgiriug whether They squared with
me received STANDARD Of orthodoxy or not. AZ
his GORGE suits -. we shsn probably continue Il
Bu; hero COMES our correspondent, whose koc
,c.Hal nc stion precedes these remarks, and at
smpts L 81, Financial Reform anc Land Hsic-Td
Ia opposition And 70 prove thai 1t would be wise
h drop We lstter forthe exclusive advocacy Of The
former. ns 40 noi think he makes cut is cass.
ANY more than do those RefJrmss who. in other
spheres, would fsin porsgaee sa uie world - seok
for Social Improvement exo,ssEely or manly
through the road they themsel> n prefer. We
find no fault With this prominence which CERTAIN
idess assume IN certain MINDS. but the contrary,
for story is rich glorious achievements Srousbt
by such exclusive devotion - special az partial
truths but a, public Journalists we do not teei ou,
selves ooasuA.ncd TO initiate Il.
Oar correspoudsut himself doss Justice 70 The
inportau &C O.; land Reform when he speaks q
Homeslest Exemption. lea q ~oI-knowa TACT,
that q = bsnehoent measure, which has already
beea partially Sdoptsd IN several S,G.os and sho-
roughly Ia one lii'moiai originated with the Lsad
RelonaSss, vEs urged ny tRem al other parties
,ooA il ap. and is. IL fact, only enc application O.
their fundamental principle ths; the use II The
earth belongs - ,he Race - sis CT God and ,h ~
therefore every MAJ has na.arsl right TO a. much
thereo' Ss Is necessary !of his support, shus -
msn ass sach RS Q, 20 more TnAsis true Pria,i
pie l'nc society IA crg'oizet tos the prossco-
ticn Of sgrc0 l,ure by Isolated iahorers or snAss
ssd practically resgissa god measures. FORTRESS
measures w. -. thoago &c believe and assert Ga
al proper oco sious, .hst tho prosecution o. arr.
cuitsoe by rs'ciations wSulc De vastly mse pro
ftshle T. Individual, and advantageous = society
tdSn ths present sys.ee. Ia Associations i-e,yi
daAl proYyistors6i 81 lkud wou'i Gissppesr, sad
Homestead Exsmpsloa 40 longer b aeeesssrl
Dat itwil probably be some '.ne bslocv soch .
easnse is Introduced, while Homestead ENemp-
ton can Go applied %. noTroW, and vii 10 alprn
I, help lorw ard rltericr improvements
liza ,rae shAt Lsnd Noaopoly = not icli ia ihis
country Ss muoa as :. i IN Eas.snd tc- Instance,
pa, ~ It'll the history Of NeSIors for tie PsEi I'VE
years in mud snG the Anti Reas psity stu Awe
il Is difficult IN deny ,Ast il is tex ard that ssE.-
ossly. Is is imPossiols that = false principle