The son of an army officer and landholder, Călinescu practiced law at Piteşti and later was an organizer for the National Peasant Party. |
By 1793 he had become a large landholder, having attained power as inspector of public works and paymaster of the corps. |
A 20-year program of enlargement and improvement of his estates made him a major landholder and a very wealthy man. |
But the rent that is left to the landholder would not be at a constant level. |
The bulk of the increased land value accrues to the landholder as an unearned gift from the community. |
Transferability of land rights may improve the creditworthiness of the landholder, especially for long-term credit. |