Publisher's Synopsis
Excerpt from A Colonist's Plea for Land Nationalisation
It is not interest on the purchase-money, for interest is pay ment for the use of capital, and comes out of the use. Who would expect interest on money tied up in an old rag? There has been no use here.
It is not compensation for risk, for the land could not disappear or deteriorate, and was sure to be wanted.
It may be quite right for all that, that I should have it. That is not the point at present. The point at present is simply to explain the term, and to show not only what it directly means, but what it indirectly implies, for it implies a great deal - much more than most people have any idea of.
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