e out a
strong case. When, however, he turns to the consumer or buyer, he finds he
is obliged to make many exceptions to the rule of non-intervention. To use
his own words,[1] "The proposition that the consumer is a competent judge
of the commodity can be admitted only with numerous abatements and
exceptions." He uses also these words:[2] "Is the buyer always qualified to
judge of the commodity? If not, the presumption in favor of the competition
of the market does not apply to the case; and if the commodity be one in
the quality of which society has much at stake, the balance of advantages
may be in favor of some mode and degree of intervention by the authorized
representatives of the collective interest of the state."
We have, then, ample justification for some kind of help to the settler in
the selection of land. What Doctor Speek presents to us simply confirms
what is known to every thoughtful person who has given attention to the
subject of land settlement. If we want to bring it about that our settlers
should understand our institutions and become good American citizens, we
must abandon all ideas of _laissez-faire_ with respect to land selection.
Generally the selection is made for the settler by the land agent. Doctor
Speek gives attention to the real-estate business, and finds that it is not
in a satisfactory condition. About this there can be no question. At the
same time the present writer, as a result of careful observation, affirms
without hesitation that probably no business has made greater progress
toward a true professional level than has the land business during the last
five years. Real-estate agents or brokers are forming associations and are
doing a great deal to eliminate dishonest practices and to put into their
business the idea of service.
There are two lines of progress especially noteworthy. One is the
development of Blue Sky laws, and the other is the requirement that those
who engage in the real-estate business should have licenses. Blue Sky laws
do not as yet afford anything like adequate protection, but certainly they
may not be disregarded with impunity in Wisconsin. Licensing an occupation
has been very generally one of the first steps toward putting it upon a
professional basis. Doctor Speek relates what was attempted unsuccessfully
in California. In Wisconsin we are just beginning the system of licenses,
and so far it promises to be extremely helpful. Much more needs to be done,
howev
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