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
Now suppose Tin might be made in _Cornwall_ for four pence the
pound, and that the same would yield twelve pence at the nearest
part in _France_, I say, that this extraordinary profit ought to
be esteemed as a Mine Royal, or _Tresor Trové_, and the Sovereign
ought to have his share in it: Which he will have, by imposing
so great a duty upon Tin Exported, as on one side may leave a
subsistence to the Workmen, (and no more) with a competent profit
to the owners of the ground; and on the other side, may leave the
price abroad less then that for which Tin may be had from any other
place.
5. The same Imposition might also be made on the Tin spent at home,
unless it be as impossible so to do, as for the King of _France_ to
impose the Gabel upon Salt in the very places where it is made.
6. But it is observed, that such high duties make men endeavour
not to enter any such Goods at all, or pay for them, provided the
charge of smuckling and bribing, with the hazzard of being seized
do not _communibus vicibus_ exceed the Duty.
7. Wherefore the Measures of this Nature are, that it be more
easie, safe, and profitable for men to keep the Law, then to break
it, unless it be in such cases, where the Magistrate can with
certainty execute the Law. As for example, it would be hard to save
the Duties upon Horses shipped at a small Port, without adjacent
Creeks, and that but some certain two hours every Tide, forasmuch
as Horses cannot be disguised, put up in bags or cask, nor shipped
without noise and the help of many hands.
8. The Measures of Customs upon imported Commodities are; 1. That
all things ready and ripe for Consumption may be made somewhat
dearer then the same things grown or made at home; if the same be
feasible _cæteris paribus_.
2. That all Superfluities tending to Luxury and sin, might be
loaded with so much Impost, as to serve instead of a sumptuary Law
to restrain the use of them. But here also care is to be had that
it be not better to smuckle then to pay.
9. On the contrary, all things not fully wrought and Manufactured,
as raw Hides, Wool, Beaver, Raw-silk, Cotton; as also all Tools and
Materials for Manufacture, as also Dying-stuff, &c. ought to be
gently dealt with.
10. If to leavy the payment of these Duties could be most exactly
performed, Princes might strangely practice one upon another;
wherefore since they cannot, the people pay no more then they
cannot with greater safety upon the whole matter save, nor observe
any more of these Laws, then they cannot elude.
11. The Inconveniences of the way of Customs, are, _viz._
1. That Duties are laid upon things not yet ripe for use,
upon Commodities in _fieri_, and but in the way of their full
improvements, which seems the same ill-husbandry, as to make fuel
of young Saplings, instead of Dotards and Pollards.
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