Spencer Heath Archive

Item 1385

Carbon of a letter to S. A. Schneidman, 507-12 Jamaica Avenue, Bellaire, Long Island, NY

May 7, 1941

 

 

Dear Doctor Schneidman:

 

     I expect to be in New York some part or all of the week beginning May 12th. It is sometime since I have seen or heard anything from you and Miss Grodman, and I hope I will have an opportunity of seeing you.

    

     I still have your suggestion in mind of preparing a glossary of economic terms, but I am afraid that is the only place I do have it. However, it is pretty well formulated, and I hope with proper stimulus to be able to get it on paper before very long.

 

     I have written Mr. Otto an acknowledgement of his very cordial letter of a month ago, speaking highly of the direction his thought seems to be taking and wishing him continued progress in it. I have also pledged myself to write him at greater length before the end of the month.

 

     For the present I am sending you a copy of my proposed folder entitled, “Why the Henry George Idea Does Not Prevail.” Perhaps you recall that you and Miss Grodman suggested that I clear up my apparent implied endorsement of the proposition to tax land value. I have incorporated at the bottom of page 3 and top of page 4 three paragraphs which are intended to clear up the matter by showing that land income would voluntarily flow into the maintenance of the services from which it is derived in the degree that taxation of capital is abolished and anti-social revenue thereby destroyed. The social revenue of rent will naturally voluntarily flow into the maintenance of its source so far as that is found necessary when the anti-social revenue is abolished. I am not sure whether I have said enough on this in the paper or not. Perhaps you can enlighten me.

 

I hope to see you while I am in New York.

                                 Cordially yours,