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Rather orotund, wasn't it? (Yes, I read the whole way through.)
Not sure I entirely agree with the ideas, but I agree it's rather better than the current mess. Macauley's point about juvenalia not being worth an extended term I thought was well-made; to that I'd suggest copyright is x years from first publication; it may be extended for a further x years by the production of a new edition by the rights holder when the original copyright expires.
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