A Treatise of Taxes and Contributions: Shewing the nature and measures of crown-lands, assessements, customs, poll-moneys, lotteries, benevolence, penalties, monopolies, offices, tythes, raising of coins, harth-money, excize, &c.; with several intersperst discourses and digressions concerning warres, the church, universities, rents & purchases, usury & exchange, banks & lombards, registries for conveyances, beggars, ensurance, exportation of money [&] wool, free-ports, coins, housing, liberty ofPetty, William, Sir
History
A Treatise of Taxes and Contributions: Shewing the nature and measures of crown-lands, assessements, customs, poll-moneys, lotteries, benevolence, penalties, monopolies, offices, tythes, raising of coins, harth-money, excize, &c.; with several intersperst discourses and digressions concerning warres, the church, universities, rents & purchases, usury & exchange, banks & lombards, registries for conveyances, beggars, ensurance, exportation of money [&] wool, free-ports, coins, housing, liberty of
Petty, William, Sir
Finance -- Great Britain -- Early works to 1800; Great Britain -- Politics and government -- 1660-1688; Taxation -- Great Britain -- Early works to 1800
12. 8. Fewness of people, is real poverty; and a Nation wherein are
Eight Millions of people, are more then twice as rich as the same
scope of Land wherein are but Four; For the same Governours which
are the great charge, may serve near as well, for the greater, as
the lesser number.
13. Secondly, If the people be so few, as that they can live, _Ex
sponte Creatii_, or with little labour, such as is Grazing, &c.,
they become wholly without Art. No man that will not exercise his
hands, being able to endure the tortures of the mind, which much
thoughtfulness doth occasion.
14. 9. Scarcity of money, is another cause of the bad payment of
Taxes; for if we consider, that of all the wealth of this Nation,
_viz._ Lands, Housing, Shipping, Commodities, Furniture, Plate, and
Money, that scarce one part of an hundred is Coin; and that perhaps
there is scarce six millions of Pounds now in _England_, that is
but twenty shillings a head for every head in the Nation. We may
easily judge, how difficult it is for men of competent estates, to
pay a Summe of money on a sudden; which if they cannot compass,
Severities, and Charges ensue; and that with reason, though
unluckie enough, it being more tolerable to undoe one particular
Member, then to endanger the whole, notwithstanding indeed it be
more tolerable for one particular Member to be undone with the
whole, then alone.
15. 10. It seems somewhat hard, that all Taxes should be paid in
money, viz., (when the King hath occasion to Victual his Ships at
_Portsmouth_) that Fat Oxen, and Corn should not be received in
kind, but that Farmers must first carry their Corn perhaps ten
Miles to sell, and turn into money; which being paid to the King,
is again reconverted into Corn, fetcht many miles further.
16. Moreover, the Farmer for haste is forced to under-sell his
Corn, and the King for haste likewise, is forced to over-buy his
provisions. Whereas the paying in kinde, _Pro Hic & Nunc_, would
lessen a considerable grievance to the poor people.
17. The next confederation shall be of the consequences, and
effects of too great a Tax, not in respect of particular men, of
which we have spoken before, but to the whole people in general:
To which I say, that there is a certain measure, and proportion
of money requisite to drive the trade of a Nation, more or less
then which would prejudice the same. Just as there is a certain
proportion of Farthings necessary in a small retail Trade, to
change silver money, and to even such reckonings as cannot be
adjusted with the smallest silver pieces. For money, (made of Gold
and silver) is to the τἁ χρἠϛα (that is to the matter of our Food
and Covering) but as Farthings, and other local extrinsick money,
is to the Gold and Silver species.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account