Non-ownership of property

"The ultimate ownership of all property is in the State; individual so-called "ownership" is only by virtue of Government, i.e., law, amounting to mere user; and that use must be in accordance with law and subordinate to the necessities of the State."
US Senate Resolution #62, April 1933.

Found this in my drafts section, can't remember why I stared it or where it was going.
So...anyways here it is in its utter in-completion.