2j2

THE  A  B  C  OF  TAXATION

Net  value  vs.  gross  value,  112.
See  also  Land  values.
New  tax,  defined,  39  (ftn.);
effect  of,  90.
New  York,  Ford  Franchise
Act,  8,  141,  154;  regulation ­
  of  public  utilities
in,  133;  Ford  Amendment, ­
  138,  142;  reduction ­
  of  overcapitalisation ­
  in,  140;  Public  Utilities ­
  Commission  in,  141.
Newton,  Mass.,  tax  rate  in,
184;  letter  to  assessors
of,  184-186.
Nicholson,  J.  S.,  on  impossibility ­
  of  shifting  a  tax
on  rent,  35.
O’Connell,  Archbishop,  on
social  discontent,  149.
Old  Corner  Bookstore,  Boston, ­
  69.
Old  tax,  defined,  39;  effect  of,
on  price  of  land,  39.
Overcapitalisation,  reduction
of,  in  New  York,  140.
Overvaluation  of  agricultural
land,  125.
Ownership  of  land,  defined,
96,  97,  98,  in;  Henry
George  on,  100.  See  also
Land  and  Landowners.
Personal  property  should  be
exempt  from  taxation,
116.
Philadelphia,  Pa.,  land  value,
1686,9.
Politics  and  public  utilities,
140.
Population  and  land  privileges, ­
  4;  a  cause  of
ground  rent,  13.

Possession,  defined,  96,  97;
vs.  ownership,  97.
Post,  Louis  F.,  on  the  single
tax,  154.
Preuss,  Arthur,  on  the  Satolli
decision  in  the  McGlynn
case,  183.
Private  appropriation  of  rent,
explosion  of  theory  of,  9.
Private  expenditure,  a  source
of  rent,  13,136.
Private  ownership,  nr,  144.
Private  property  in  land,  95-107;
  not  inconsistent
with  single  tax,  96,  169,
174;  definition  of,  97-98;
John  Z.  White  on  the  two
meanings  of,  99  (ftn.);
abolition  of,  101,  102.
Privilege,  essence  of,  88,  148;
one  part  of  wealth  goes
to,  148;  taxation  of,  150.
See  also  Special  privilege.
“Proximity,”  in  land  values,
4-Public
  expenditure,  a  source
of  rent,  13,15.
Public  franchise,  classified  as
land,  142,  154;  defined,
? 8 7-Public
  functions  vs.  private
functions,  138.
Public  improvements,  and
land  values,  5;  and
ground  rent,  14-15.
Public  Library,  Boston,  75.
Public  ownership  of  public
utilities,  132.
Public  schools  and  land  values, ­
  118.
Public  service  corporations
and  the  public,  136.
Public  utilities,  regulation  by
taxation,  132-147;  put