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35 Seton Hall L. Rev. 299 (2004-2005)
A New Hope for International Space Law: Incorporating Nineteenth Century First Possession Principles into the 1967 Space Treaty for the Colonization of Outer Space in the Twenty-First Century

handle is hein.journals/shlr35 and id is 309 raw text is: A NEW HOPE FOR INTERNATIONAL SPACE LAW: INCORPORATING NINETEENTH CENTURY FIRST POSSESSION PRINCIPLES INTO THE 1967 SPACE TREATY FOR THE COLONIZATION OF OUTER SPACE IN THE TWENTY-FIRST CENTURY Brandon C. Gruner INTRODUCTION Legend has it that a friend once asked Mark Twain what he should invest in, and the good-humored author responded Buy land; they've stopped making it.' The author's advice was given more than 100 years ago and it still makes good sense. If a resource is scarce, it is almost always going to become more valuable. It is J.D. Candidate, 2005, Seton Hall University School of Law; B.A. Magna Cum Laude, Phi Beta Kappa, History, 1999, New York University: College of Arts and Science. I would like to thank my parents, Robert and Maria Gruner, for their unwavering support throughout my education, and Paula A. Franzese, the Peter W. Rodino Professor of Law at Seton Hall Law School, for her invaluable knowledge and guidance in writing this Comment. I A search of the Lexis and Westlaw databases, as well as the World Wide Web, demonstrates that hundreds of newspapers and Web sites have attributed this quote or some similar version to Mark Twain. See, e.g., ClintonJ. Fynes, Ambassadorial Role Leads Ian to Property, COURIER-MAIL, Oct. 12, 1990 (relaying the story of Mark Twain advising his friend to Buy land, they're not making any more of it.); Tom Fegely, Lack of Action on Tag Fees Pinches Gamelands Purchases, Maintenance, MORNING CALL (Allentown, PA), Sept. 29, 1998, at C4 (quoting Twain as saying Buy land; They've stopped making it.). A thorough search of Mark Twain quote books and databases, however, revealed no such quote. Even so, a requested verification from scholars at the Mark Twain Archive at Elmira College revealed that, although scholars are aware of the fact that legend has attributed the quote to Mark Twain, they have not been able to determine whether or not the quotation is a misnomer. Similar quotations are also attributed to Will Rogers, but again, lack the necessary verification to determine whether he is the source of the quote. It truly seems to be a legend accredited to one of America's great authors. 2 Carol M. Rose, Enough, and as Good of What?, 81 Nw. U. L. REV. 417, 429 (1987). The value of property hinges on a property regime that allows people to invest labor into their resources and on a commercial system that allows people to trade resources to anyone who desire them more. Id. Once certainty exists in property and commercial law, people can safely invest labor into their resources, which makes people try harder to acquire them and tender more for them-which in

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