Note 1194 — Chapter II · : THE THEORY OF RENT AND ITS APPLICATIONS

“This continual increase arising from the circumstances of the community and from nothing in which the landholders themselves have any peculiar share, does seem a fund no less peculiarly fitted for appropriation to the purposes of the State than the whole of the rent in a country where land has never been appropriated.” (Elements of Political Economy, chap. 4, § 5.)