[84] "Summary of Report of the Commissioner of Corporations on the Timber Industry in the United States," p. 3.
[85] "Report of the Commissioner of Corporations on Water Power Development in the United States," pp. 193-195.
[86] Idem, pp. 4, 5.
[87] "Abstract of the Thirteenth Census," p. 552.
[88] Cf. Marsh, "Land Value Taxation in American Cities," p. 95.
[89] Municipal purchase and ownership of land have been advocated by such a conservative authority as the Rev. Heinrich Pesch, S.J. "Lehrbuch der Nationaloekonomie," I, 203.
[90] As we shall see in a later chapter, the confiscation and injustice would be smaller if the State should simultaneously abolish interest. In any case, the decline in land value resulting from complete confiscation of rent should be made up to the private owner by public compensation.
[91] "Principles of Political Economy," book V, ch. 2, sect. v.
[92] "Progressive Taxation in Theory and Practice," 1908, p. 130.
[93] Cf. Taussig, "Principles of Economics," II, 516: Seligman, "The Shifting and Incidence of Taxation," p. 223.