1 54 
THE A B C OF TAXATION 
“ It is a question of applying land values to common use 
as far as they will go, or as much of them as may be 
needed, as the case may prove to be.”* 
(3) I believe in the classification,formulated by the 
New York Ford Franchise Act, of a public franchise as 
“land,” and a public franchise value as “land value,” 
together with the plainly consequent converse truth, 
viz., that the site value of land is a private franchise 
value, because land depends for its value upon those 
same concrete and tangible things that give value to 
a public franchise. 
(4) 1 believe with Henry George that "in truth the 
right to the use of land is not a joint or common right, 
but an equal right; the joint or common right is to rent, 
in the economic sense of the term. Therefore it is 
not necessary for the State to take land; it is only 
necessary for it to take rent.” Accordingly I believe 
that a man who owns land owns the site, and every 
right and privilege, fee, title, etc., pertaining to the 
land, from zenith to earth’s centre, exclusive and 
absolute, as against any other individual, but never 
theless subject always to the right of eminent domain, 
and to the claims of the community to its share in the 
value of those rights and privileges, through the 
sovereign power of taxation. 
(5) I believe in this single tax doctrine of Henry 
George, because it is broad and catholic like the air, 
the sunshine, and all other bounties that heaven sends 
alike upon the just and the unjust. It knows no dis 
tinction of race, denomination, party, sect, or creed. 
It knows no socialism, individualism, communism, 
anarchism, Greek, barbarian, bond, or free. The Land 
* Louis F. Post, u The Single Tax,” p. 86.