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Updated: September 6, 2025
I bought one of these houses, subject to the ground-rent, and moved into it as soon as finished. Lieutenant T. H. Stevens, of the United States Navy, with his family, rented the other; we lived in this house throughout the year 1854, and up to April 17, 1855. During the winter of 1854-'55, I received frequent intimations in my letters from the St.
Ground-rents are a still more proper subject of taxation than the rent of houses. A tax upon ground-rents would not raise the rent of houses; it would fall altogether upon the owner of the ground-rent, who acts always as a monopolist, and exacts the greatest rent which can be got for the use of his ground.
So much of the domains as had already been distributed by non-colonial assignation remained in the hands of the recipients; the restrictions imposed on them by Gracchus in the interest of the commonwealth the ground-rent and the prohibition of alienation had already been abolished by Marcus Drusus.
It was here that the community stored up the grain, which they received as ground-rent from their vassals; for, with the prudence belonging to their order, all their conventional revenues were made payable in kind, and hence, as the present proprietor loved to tell, came the name of Monkbarns.
Then he says "to pursue the analogy the profit which remains to the lessee after the payment of ground-rent, answers to that portion of the profit on capital which remains to the entrepreneur who operates with borrowed capital after the interest on the borrowed capital has been paid."
Most men, when they come out here, are not content to settle down in the town. They won't be satisfied till they get to the mines." "That seems to be the case with you, too." "It isn't that altogether. My lungs are weak and confinement isn't good for me. Besides, the doctors say the climate in the interior is better for pulmonary affections." "What rent do you have to pay?" "A small ground-rent.
The superior stratum of rock is of so hard and tenacious a quality that it holds together with very few piers to support it. When a citizen wants to enlarge his premises, he merely digs deeper into the hill; he has no ground-rent to pay. Some caves open a hundred feet wide without a support.
He told me that he and his brother had lately been laying out and letting a piece of land at Blackheath, that had been left them by their father, and that the ground-rent would bring them in two thousand pounds per annum. With such an independent income, I doubt whether any American would consent to be anything but a gentleman, certainly not an operative watchmaker.
Carthage paid, even down to the times of its prosperity, a ground-rent for the space occupied by the city to the native Berbers, the tribe of the Maxyes or Maxitani; and although the sea and the desert sufficiently protected the city from any assault of the eastern powers, Carthage appears to have recognized although but nominally the supremacy of the great- king, and to have paid tribute to him occasionally, in order to secure its commercial communications with Tyre and the East.
So much of the domains as had already been distributed by non-colonial assignation remained in the hands of the recipients; the restrictions imposed on them by Gracchus in the interest of the commonwealth the ground-rent and the prohibition of alienation had already been abolished by Marcus Drusus.
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