UNOWNED RESOURCES We oppose any recognition of fiat claims by national governments or international bodies to unclaimed territory. Individuals have the right to homestead unowned resources, both within the jurisdictions of national governments and within such unclaimed territory as the ocean, Antarctica, and the volume of outer space. We urge the development of objective international standards for recognizing homesteaded claims to private ownership of such forms of property as transportation lanes, broadcast bands, mineral rights, fishing rights, and ocean farming rights. All laws, treaties, and international agreements that would prevent or restrict homesteading of unowned resources should be abolished. We specifically hail the U.S. refusal to accept the proposed Law of the Sea Treaty because the treaty excluded private property principles, and we oppose any future ratification.

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