An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxesSteuart, James, Sir
General
An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes
Steuart, James, Sir
Economics
Articles of revenue. Fr. money. Sterling ditto.
livres. l. s. d.
The first twentieth penny on
all income 23 800 000 1 057 777 15 6½
Ditto upon tradesmen and
merchants incorporated 6 500 000 288 888 17 9¼
Ditto upon the Jews 1 400 000 62 222 4 5¼
—————————— —————————
Total of the twentieth penny,
which formed a sinking fund,
shut up in 1759 31 700 000 1 408 888 17 9¼
The farm of the posts and
_relais_ of France 6 000 000 266 666 13 4
Two shillings in the pound of
the capitation added to it 5 520 000 245 333 6 8
The farm of stamp-duties on
leather, and duties on
tanners bark 2 960 000 131 555 11 1¼
The farm of duties upon
gunpowder and saltpetre 2 988 000 132 800 — —
Two shillings in the pound of
the twentieth penny added 3 170 000 140 888 17 9¼
Total of this second branch
of }
French taxes } 52 338 000 2 326 133 6 8
—————————— —————————
Appropriations of this fund, as follows:
1. For paying, during 10
years, a part of the 990
millions, of livres, of old
Annuities, charged above on
the King’s ordinary revenue,
and bearing an interest of
2½ _per cent._ the yearly
sum of 5 000 000 222 222 4 5¼
2. To the India Company, in
discharge of a debt due to
them: for 12 years 2 000 000 88 888 17 9¼
3. For paying the prizes of
the bankers lotteries every
year as they are drawn: for
12 years 3 800 000 168 888 17 9¼
4. Towards making good
deficiencies upon the funds
appropriated for the war,
yearly, till paid 18 700 000 831 111 2 2½
5. Ditto upon the funds
appropriated to the new
_Ecole militaire_ 1 200 000 53 333 6 8
6. For payment of perpetual
annuities created during
last war 14 500 000 644 444 8 10½
7. For making good
deficiencies upon the
artillery and magazines,
during the war 1744: for 12
years, the annual sum of 1 800 000 80 000 — —
8. Ditto upon the article of
foreign affairs 8 690 000 386 222 4 5¼
Total appropriation 55 690 000 2 475 111 2 2½
—————————— ————————————————
This branch of revenue appears, by this state, to be totally
appropriated to certain purposes.
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