Spencer Heath Archive

Item 3007

Annotated chapters 11, 13, and part of another, “On the Origin of Values,” “Of Ground Rent and Ground Value,” and “Of Bisocialism” in Oliver R. Trowbridge, “Bisocialism.” Chicago: Moody Publishing Company, 1903. Only one of many pencil annotations is reproduced here. See original.

No date.

 

 

 

 

 

 

 

p. 300/   No coercion is possible except under the taxing power.

 

          Taxation alone is the mother of monopoly.

 

          Taxation – including all arbitrary charges and

penalties set by public authority without any

competition.

 

          Rent is voluntary and democratic – fixed by free

          Competition.