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
11. Onely I think ’tis certain, that while ever there are people
in _England_, the greatest cohabitation of them will be about the
place which is now _London_, the _Thames_ being the most commodious
River of this Island, and the seat of _London_ the most commodious
part of the _Thames_; so much doth the means of facilitating
Carriage greaten a City, which may put us in minde of employing our
idle hands about mending the High-wayes, making Bridges, Cawseys,
and Rivers navigable: Which considerations brings me back round
into my way of Taxes, from whence I digrest.
12. But before we talk too much of Rents in order to Taxes, we
should endeavour to explain the mysterious nature of them, with
reference as well to Money, the rent of which we call usury; as to
that of Lands and Houses, aforementioned.
13. Suppose a man could with his own hands plant a certain scope of
Land with Corn, that is, could Digg, or Plough, Harrow, Weed, Reap,
Carry home, Thresh, and Winnow so much as the Husbandry of this
Land requires; and had withal Seed wherewith to sowe the same. I
say, that when this man hath subducted his seed out of the proceed
of his Harvest, and also, what himself hath both eaten and given to
others in exchange for Clothes, and other Natural necessaries; that
the remainder of Corn, is the natural and true Rent of the Land for
that year; and the _medium_ of seven years, or rather of so many
years as makes up the Cycle, within which Dearths and Plenties
make their revolution, doth give the ordinary Rent of the Land in
Corn.
14. But a further, though collaterall question may be, how much
English money this Corn or Rent is worth? I answer, so much as
the money, which another single man can save, within the same
time, over and above his expence, if he imployed himself wholly
to produce and make it; _viz._ Let another man go travel into a
Countrey where is Silver, there Dig it, Refine it, bring it to the
same place where the other man planted his Corn; Coyne it, &c. the
same person, all the while of his working for Silver, gathering
also food for his necessary livelihood, and procuring himself
covering, &c. I say, the Silver of the one, must be esteemed of
equal value with the Corn of the other; the one being perhaps
twenty Ounces, and the other twenty Bushels. From whence it
follows, that the price of a Bushel of this Corn to be an Ounce of
Silver.
Public-domain text, read in full here on John Shaqi.
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