132 ECONOMIC ESSAYS IN HONOR OF JOHN BATES CLARK
. — ———-citefi
wnership of Land. Land tenure as a part of land economics
deals mainly with the human relationships involved in systems
of property rights and with the effect of those relationships upon
the utilization of natural resources. On the basis of this analysis
certain policies of land tenure find general acceptance. From the
istorical point of view the evolution of land systems is traced
with special emphasis upon the relations between landlord and
tenant, the economic effect of enlarging or contracting the sphere
of public and private property, and the economic desirability of
xtending or curtailing the social side of private property, refer-
ring to the public control of private rights to use land.
The prevailing sentiment of land economists is distinctly favor-
able to private ownership of most types of land, particularly
agricultural and urban land, with some measure of public owner-
ship and a still larger measure of public control over private
rights. The attitude toward tenancy is that public tenancy in
hese classes of land is on the whole undesirable, but that some
private tenancy is both desirable and normal. Jan
Real progress is being made in getting at principles underlying
agricultural land tenure. The Bureau of Agricultural Economics
of the United States Department of Agriculture and some agri-
cultural colleges have made some careful studies in regard to
tenure and ownership of farms. The Institute for Research in
Land Economics and Public Utilities is conducting very eile
and minute inquiries in regard to tenancy and ownership In
selected areas, taking, for example, a section where there is pr
tically no tenancy and other sections where there is a large
amount of tenancy. It has also given some attention to the
inheritance of farms. Instead of broad and misleading state-
ments to the effect that tenancy is an evil, we know something
about its proper place in a desirable system of land tenure and
have some ideas as to what may be a desirable amount of tenanc
and also as to what is good and bad tenancy.
he ideal policy is to encourage home ownership and owner-
operation of farms, using tenancy, which is properly regulated in
the interests of both tenants and landlords, as a means of reaching
the status of ownership.
While we do know something about tenancy and home owner-
ship in rural districts, we know very little of scientific value
about home ownership and tenancy in cities. What proportion