George Howard Earle, Jr.

George Howard Earle, Jr.

Summary

Portrait of George Howard Earle, Jr. George Howard Earle, Jr. The Aftermath (1920)

The Lever Act, therefore, is one of "the instances" of which the law "is full," and its "standard" is one of complete freedom, undisturbed by unlawful restraints or monopoly, and governed alone by the results of free competition and the resulting "market price." It is, therefore, as plain as the noonday sun that what is being asked is not at all that men be punished for violating a known defined "standard," of which they should have knowledge, but for adhering to it and continuing to obey the mandates again and again given to them by the Supreme Court itself.
Source: Wikisource

Portrait of George Howard Earle, Jr. George Howard Earle, Jr. The Aftermath (1920)

But the idea of Liberty cannot spring up in the mind without associating with it that of property, in the absence of which the first would only represent an illusory right, without an object. The freedom the individual has of acquiring useful things by labor supposes necessarily that of preserving them, of enjoying them, and of disposing of them without reserve. * * * Thus Liberty conceived in this manner becomes property. * * * The Physiocrats, then, placed absolute freedom, or property—as the fundamental right of man—freedom of Person, freedom of Opinion, and freedom of Contract, or Exchange
Source: Wikisource

Portrait of George Howard Earle, Jr. George Howard Earle, Jr. The Aftermath (1920)

Natural laws which political economy discovers, whether we call them laws of production or laws of distribution, have the same proof, the same sanction and the same constancy as the physical laws. Human laws change, but the natural laws remain, the same yesterday, to-day and to-morrow, world without end. * * * And so it has been with attempts of human law to fix and regulate prices, which involve the same great laws of distribution in combined forms. Human law is always potent to do as mankind will with what has been produced but it cannot directly affect distribution.
Source: Wikisource

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