The Jeffersonian cyclopedia; a comprehensive collection of the views of Thomas Jefferson classified and arranged in alphabetical order under nine thousand titles relating to government, politics, law, education, political economy, finance, science, art, literature, religious freedom, morals, etc.; |
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8644. UNEARNED INCREMENT, Definition.— |
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![]() | The Jeffersonian cyclopedia; | ![]() |
8644. UNEARNED INCREMENT, Definition.—
If [the public lands are] sold in
lots at a fixed price, as first proposed, the best
lots will be sold first; as these become occupied,
it gives a value to the interjacent ones,
and raises them, though of inferior quality, to
the price of the first.—
To James Monroe. Washington ed. i, 347.
Ford ed., iv, 53.
(P.
1785)
![]() | The Jeffersonian cyclopedia; | ![]() |