
as, once there is a doubt as to
the security of title, no settlement could be regarded as final;
there would be endless litigation; the desire to acquire would
be taken away; as where is the use of getting if the possession
be not secure? The first conditions of all national progress
are security for life and property. Who would take the trouble
to produce wealth, or practise self-denial and abstain from
using it, if the law helped to take it away, instead of helping
the owner to keep it? No industry or commerce can develop or
flourish when the title to the soil is open to attach. We are
told that it is justifiable, because land differs from all other
forms of wealth; it is limited in quantity, and is not the product
of human labour; that it was never intended by the Creator to
be the monopoly of the few, but the property of all, age after
age. But I reply, that the land, as it is now, is the result
of human labour; the present productions of the soil are the
result of careful cultivation. In ancient times most of this
country, as in America and other lands, was covered with dense
forests, reclaimed by human toil, transformed by untold expenditure
of labour and capital into the smiling garden it now appears.
It was bought at the price it was then worth, or perhaps given
or appropriated, because in its then condition it was valueless;
but the inheritors of those who redeemed it, or those who bought
it from their successors, have the right to hold it, or get
for its use its present value.
"I can conceive no equitable reason why this form of wealth
should not have the protection of the law, like all other kinds.
All wealth may be called stored up labour, and none is more
valuable to the community than that which makes two blades of