Abstract

A Poor History of New Jersey

May 8, 1902 issue

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The article focuses on the book "New Jersey," by Francis Bazley Lee. The book is attempting to point out a fundamental distinction between the people or East Jersey and those of West Jersey. The author says that the most characteristic feature of the economic development of West Jersey was the establishment of a land-owning class. Whether or not this was designed will probably never be known, but certain it is that those who had money or ready credit invested heavily, as the records show, in real estate, and further on he speaks of land ownership as an indication of wealth. The truth is that, at the outset, land had an insignificant money value.

See Also:

NEW Jersey (Book); LEE, Francis Bazley; ECONOMIC development; ECONOMIC policy; LAND tenure; LANDOWNERS; INVESTMENTS
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