Excerpt from Restraints on the Alienation of Property Far be it from me to profess to decide between the merits of that scheme of law and morals under which the younger years of those of us who have passed middle life were Spent, and of that system which it now looks as if the future might have in store for our descendants; or whether the latter is a step forward or backward. On the one hand no humane man can feel that the industrial and commercial prosperity which flourished under the old system was the highest ...
Read More
Excerpt from Restraints on the Alienation of Property Far be it from me to profess to decide between the merits of that scheme of law and morals under which the younger years of those of us who have passed middle life were Spent, and of that system which it now looks as if the future might have in store for our descendants; or whether the latter is a step forward or backward. On the one hand no humane man can feel that the industrial and commercial prosperity which flourished under the old system was the highest ideal for a community, and on the other hand no prudent man but must dread lest the amiable altruistic sentiment, to-day so fashionable, dash itself in pieces against the inexorable facts of nature, and our latter end be worse than the beginning. My mod est task has been to show, that spendthrift trusts have no place in the system of the Common Law. But I am no prophet, and certainly do not mean to deny that they may be in entire harmony with the Social Code of the next century. Dirt is only matter out of place; and what is a blot on the escutcheon of the Common Law mav be a jewel in the crown of the Social Republic. It mav be said that, if the Courts have been wrong in tolerating spendthrift trusts, a remedy is to be found in the legislatures. If the remedy is like that applied in New York, it is, if not worse, more disgusting than the disease. One merit of the theory of the Common Law, whatever may have been its shortcomings in practice, was the absolute equality before it of the rich and the poor. How rich a party to a suit might be (save when necos sary to determine the damages to the other party, as on a breach of promise of marriage) was a question never asked in a court of justice. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Read Less
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.