Public and Private Economy (Poverty U.S.a. Historical Record Series : Part 1) [Hardcover]

Theodore Sedgwick (Author)

Book Description

ISBN-10: 0405031254 | ISBN-13: 978-0405031250 | Publication Date: May 1991

This historic book may have numerous typos, missing text, images, or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1838. Not illustrated. Excerpt: ... PUBLIC AND PRIVATE ECONOMY. PART II. CHAPTER I. Sec 1. I Left home in May, 1836, accompanied by a labouring man, whom I hired to attend me as far as the Hudson River. We ascended the Nobletown Mountain; and when we had arrived at the summit, which overlooks the broad and beautiful valley that lies between it and the Hudson, he exclaimed, " Heavens, how much land and property, and I have none. What is the reason ?" This is an important question to millions in his situation. The inquiry, then, is, why is there so unequal a distribution 1 Is there any good reason, in fact and nature, why a few should possess nearly all the property of the world, doing with it as they choose, leaving to the multitude so little comfort and enjoyment ? And there is another inquiry still more important. Why is so little property created or produced, when we know that the earth, with the materials that come from it, might yield a hundred, a thousand, or ten thousand times (we cannot say how much) more than they do at present ? Why, then, is there so little property to distribute compared with what there might be ? B 2. In the first part of this work, the twelfth chapter is on the causes of poverty, where some are stated. In this second part, I shall endeavour to illustrate those causes by a reference to such facts as came within my observation, the most important of which are indisputable. 3. In taking passages in the ship St. James, at New-York, for London, for myself and friend, I was required by Messrs. Grinnell & Minturn, the packet agents, to pay one hundred and forty dollars for yeach, and told that this sum included compensation <- for liquors. To paying for liquors for my friend I / objected, on the ground that, as an invalid, he drank none. The answer was, that that...

--This text refers to the Paperback edition.

Product Details

• Hardcover: 263 pages
• Publisher: Ayer Co Pub (May 1991)
• Language: English
• ISBN-10: 0405031254
• ISBN-13: 978-0405031250
• Product Dimensions: 8.5 x 5.5 x 0.5 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #10,460,817 in Books (See Top 100 in Books)

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5.0 out of 5 stars Excellent exhortation from an American Founding Father, June 12, 1999

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This review is from: Public and Private Economy (Poverty U.S.a. Historical Record Series : Part 1) (Hardcover)

The honorable Theodore Sedgwick describes the responsibility of American citizens who are born into or acquire wealth and position to be the strength and foundation of our nation's ecomony by caring for those less fortunate, by completing business and politics with integrity, and to share this Christian philosophy with colleagues. It is an excellent exhortation that we should evaluate today, almost 200 years later. President Carter's book, "Living Faith" touches on the same subject.