CHAPTER XX 



LAWS AFFECTING LAND AND 

 LABOR 



THUS far property has been treated as 

 invested capital upon which interest 

 must be charged in determining the labor 

 income. Labor, likewise, has been consid- 

 ered principally in its effect upon profits. 

 Society has thrown around the transfer of 

 property and the use of labor certain 

 restraints for the protection of all individ- 

 uals. 



Through the ages certain procedures have 

 become fixed by custom. These legal prac- 

 tices are largely the inheritance of old 

 Roman law and are usually known as com- 

 mon law. Various legislative bodies hav- 

 ing jurisdiction enact from time to time 

 other laws. This body of enacted law is 

 called statute law and is much more varia- 

 ble than common law. In the briefest possi- 

 ble manner it is the purpose here to state a 

 few of the principles and applications of the 



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