Salt Lake Herald-Republican | 1915-08-21 | Page 10 | Robert H. Bean Chosen Bean Chosen Banking Institute Head

ROBERT H. H BEAN CHOSEN BANKING INSTITUTE HEAD Taxation of Unearned Increment Increment Increment ment of Real Estate Predicted Predicted Pre Pre- by Speaker San Francisco Aug 20 Cincinnati Cincinnati O. was named today as the place for holdIng holdIng holding hold- hold Ing the 1916 convention and Robert H H. Bean Benn of Boston was elected president at the closing session of the thirteenth annual convention of or the American In Institute Institute Institute In- In of Banking Other officers elected were Vice Vico president James II 11 Daggett Milwaukee Milwaukee kee kea Wis members of the tho e executive council for three years Ralph A. A Newall New New- ell all San Francisco Harry Harr E. E Hebrank Pittsburgh R. R IL II MacMichael ac Seattle Wash ash and Stewart D. D Beckley Dallas Tex and member of the tho executive council for forone one year C C. Leland Getts Baltimore Md Taxation of the unearned Increment of real estate estat and gradual recognition by the law of at a socialistic tendency were predicted b by Dr Samuel Williston Willis Willis- ton ton professor of law at Harvard uni mi- mi In an address on Law Justice Justice Jus Jus- tice thee and Morality I 1 prophesy that It will not be many years before wo wa shall have In this country countr an as they have had for tor some years in Germa Germany a a. tax on the un unearned tin un- earned Increment in real estate Dr Williston saidA saidA said A man who makes makeR a fortunate In Investment Investment In In- vestment in real estate must give 11 a 8 ashare ashare share of hl his luck to to his less fortunate fortunato brethren the public- public treasury treasury treasury treas treas- that brethren that Is Is to ury and the greater his luck the greater ter the percentage ho he must give up p. p