The Arkansaw traveler., 1882-12-17
sAlLxy's NEW soox.

~e~< - W - ~ F81<@<FN rns rAcroaa os csvs.ssxssos tRsAL Axp AsscngpA v 2. oAskxs. vol IT. fAe abose ls sAe s1De efa wosk jaa n% sucd rom eAe psess uf JAmas E HnSSisum & Co, pnhlixhes aHA1nmea Genrxh; she production ot the hEain snd pen of hr. |. H. Rziiey, the Rezfteu1nlf tIave1xr of the vel knowa hcuse of Decre. Mansser q Co, of 6 Lcula ed kxnsn Cisy. Mr. Bailey has been eagseed upon tkss work Tor several ycarx, pEsparing is during leis- are hoars; o1lsn rssising the mater pre- viousiy prepared vken undss way on his travels as s.dTumunr.
 Owing to limited means ihe author found himself unable to pehlish the en- tire work at this time, he, accordingly, cu aecoune of the supexios and nore nlu1k dfro tmpovt1ncs theseof. caused his " ondScaume to he puhsisAed first. viewo4 in stilitariaa anpscs psrhaps Mr. Railsy was juslified in his course bat i, vif on the othr hand subject him to a too ready though doubtless unjust criticism, that by publishing his secood volume first. he has shown that. according to his own view, the volumes comprising the work nave no indispensable connection ~iah each other.
 The portion 90 givea to us. sho~. the production to relate sc the feld of poiiti- cal economy. h is thoughtful, though principally eclectic tn its cAasacter So lar AS we are able b judge. the views of the author are in Arge measure in ae- cord with those of Mir. Henry George (progress and rovessy) and entirely ad- verse to those of Mr. w. H. Mafiock Social Equalityl He recognizes that one of the primary canses of evil is ownership in land as prevailing in this country. and he apprchends vague ly some grave consequences to rcsult there6om. Unlike Mir. George. who pro- poses to have ownership in land abolished without compensation, Mir. Bailey pro- poses. sikry ai;a. to have the government buy the lands, at value to be arrived a, by reference to assessments made next before the time the transfer is contempta- ted the government to pay by giving notes in say, five installments, one paya- ble every i've years, bearing seven per cent. interest per annum. The rents or income from the lands, in the shape of a direct tax on lands, is to be used 10 pay the notes.
 Like Mir. George, Mir. Bailey sees no difficulty in this arrangement, notwith standing he does not tell US. nor appear to fully realize, the difficulty of desermin- ing which government should buy the lands. The complex nature of our polit- ical institutions seem to be forgotten by both. We are not told what is to be done by the states in reference to taxing real property if the same is 10 be owned by the general government nor how the states are to enforce the sale of lands merely for the purpose of being general land owner. We arc not shown any such !, enormously cying evil cxisting as 10 jus tiiy so extraordinary a policy as tha, ad. vocated by even Mir. Bailey Nor does the author. any more than Mir. George. tell us how gross monopolies are to be guarded against in reference to contrArts for leasing lands how enormous corpora ,ions or wealthy capitalists are to be pre- vented from obtaining, by virtue of the superior prices they could offer, posses- sien of lands with the same, fl not greater evil effects than now exist Both ofthese writers seem to harp too much on land. without remembering that everything said by Mir. George respecting land, AS to it's beng used scs speculative purposes, ss 7 only true where lands are not in demand for purposes of cultivation, and that even then wha, IS said is mrt by the obvious answer that Ii will not he held that way for a very long period, bearing in mind what it costs in taxes to own unimproved lands.
 But the work before us has other pur- poses, the importance of which canno, be gainsaid. IL gives a very readable treatment of the influence and causes oi poverty, the importance of the subject and its remedies. the effects of wise land lava, in general Ii diseioses to Us many of the causes of unhappiness, and, in tair, hon es, way, suggests some of the modes, which, in his opinion. will dispel them.
 The work itself is production entitled to considerable praise. and its author Is to be congratulated upon the success ~ith which his efforts in this direction have been attended. lt ought to be in the hands of the reading public, and we have
 no doub, will find large and ready sale kx. The phoaSsSr Gvstru