Economic aspects of recent legislation. (Newmarch memorial essay).

Paperback | October 14, 2012

byWilliam Watt

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Dieses historische Buch kann zahlreiche Tippfehler und fehlende Textpassagen aufweisen. Käufer können in der Regel eine kostenlose eingescannte Kopie des originalen Buches vom Verleger herunterladen (ohne Tippfehler). Ohne Indizes. Nicht dargestellt. 1885 edition. Auszug: ... 1870 did not give sufficient facilities, that under it unduly onerous expenses were chargeable, that purchasers were also discouraged by unnecessary conditions and limitations. The Committee of the House of Lords attributed the failure of the purchase clauses of that Act to the fact that the tenants had not sufficient inducement to buy, the benefits which it conferred in other respects serving even absolutely to discourage purchase; and the notable recommendation was made by the Committee that the whole of the purchase-money, which was to be determined by free contract between buyer and seller, should be advanced by the State subject to very easy terms of repayment. It is unnecessary to discuss the prudence of this proposal, but some of its economic bearings may be noticed. Even tenants in full enjoyment of "the three F's" might probably be induced to become purchasers of the fee-simple of their holdings if the whole of the purchase-money were advanced by the State, and the payments spread over so long a time and at such low THE LORDS' PROPOSAL. 75 interest that they should not exceed the existing "fair rent." But what would be the result of the success of the measure recommended by their lordships? An artificial and unhealthy demand for land would be created, and this would lead to purchases at excessive prices, especially in good years. The proposal was that there should be free contract in the sales and purchases, that the landlord should be paid out at once by the State, and that the State should become the creditor of the purchasing tenant for the whole of the purchase-money. All might go well at first, and the periodical instalments of interest and sinking-fund might be duly...

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Dieses historische Buch kann zahlreiche Tippfehler und fehlende Textpassagen aufweisen. Käufer können in der Regel eine kostenlose eingescannte Kopie des originalen Buches vom Verleger herunterladen (ohne Tippfehler). Ohne Indizes. Nicht dargestellt. 1885 edition. Auszug: ... 1870 did not give sufficient facilities, that under it undul...

Format:PaperbackDimensions:32 pages, 9.69 × 7.44 × 0.07 inPublished:October 14, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217204104

ISBN - 13:9780217204101

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