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Front Page  Titles (by Subject) CHAP. IX.: That there is Mony sufficient to drive the Trade of the Nation. - The Economic Writings of Sir William Petty, vol. 1
CHAP. IX.: That there is Mony sufficient to drive the Trade of the Nation. - Sir William Petty, The Economic Writings of Sir William Petty, vol. 1 [1662]Edition used:The Economic Writings of Sir William Petty, together with The Observations upon Bills of Mortality, more probably by Captain John Graunt, ed. Charles Henry Hull (Cambridge University Press, 1899), 2 vols.
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- Preface
- Introduction
- Note On the “treatise of Taxes.”
- The Preface.
- Chap. I.: Of the Several Sorts of Publick Charges.
- Chap. II.: Of the Causes Which Encrease and Aggravate the Several Sorts of Publick Charges.
- Chap. III.: How the Causes of the Unquiet Bearing of Taxes May Be Lessened.
- Chap. IV.: Of the Several Wayes of Taxe, and First, of Setting a Part, a Proportion of the Whole Territory For Publick Uses, In the Nature of Crown Lands; and Secondly, By Way of Assessement, Or Land-taxe.
- Chap. V.: Of Usury.
- Chap. VI.: Of Customs and Free Ports.
- Chap. VII.: Of Poll-money.
- Chap. VIII.: Of Lotteries.
- Chap. IX.: Of Benevolence.
- Chap. X.: Of Penalties.
- Chap. XI.: Of Monopolies and Offices.
- Chap. XII.: Of Tythes.
- Chap. XIII.: Of Several Smaller Wayes of Levying Money.
- Chap. XIV.: Of Raising, Depressing, Or Embasing of Money.
- Chap. XV.: Of Excize.
- Verbum Sapienti.
- Note On the Verbum Sapienti.
- The Introduction.
- Chap. I.: Containing Several Computations of the Wealth of the Kingdom.
- Chap. II.: Of the Value of the People
- Chap. III.: Of the Several Expences of the Kingdom, and Its Revenues.
- Chap. IV.: Of the Method of Apportioning Taxes.
- Chap. V.: Of Money, and How Much Is Necessary to Drive the Trade of the Nation.
- Chap. VI.: The Causes of Irregular Taxing.
- Chap. VII.: The Collateral Advantages of These Taxes.
- Chap. VIII.: Of the Expence of the Navy, Army, and Garisons.
- Chap. IX.: Motives to the Quiet Bearing of Extraordinary Taxes.
- Chap. X.: How to Employ the People, and the End Thereof.
- Note On the “political Anatomy of Ireland.”
- To His Grace the Duke of Ormand 1 .
- To the Right Honourable Thomas, Lord Parker 1 , Baron of Macclesfield In the County of Chester. Lord High Chancellor of Great Britain.
- The Author's Preface.
- Advertisement 1
- The Contents of the Political Anatomy of Ireland 1 .
- The Political Anatomy of Ireland. 1672 1 .
- [chapter I.] 2: Of the Lands of Ireland.
- [chapter II.]: Of People, Houses, and Smoaks; Their Number, Differences, and Values.
- [chapter Iii]: of the Church and Benefices.
- [chapter Iv]: Concerning the Late Rebellion.
- [chapter V]: of the Future Settlement of Ireland, Prorogation of Rebellions, and Its Union With England.
- [chapter Vi]: of the Government of Ireland.
- [chapter Vii]: of the Militia and Defence of Ireland.
- [chapter Viii]: of the Cœlum and Solum of Ireland.
- [chapter Ix]: of the Proportion In Value, Which the Several Counties In Ireland Do Bear to Each Other , Viz.
- [chapter X]: of the Money of Ireland.
- [chapter Xi]: of the Trade of Ireland.
- [chapter Xii]: of the Religion, Diet, Cloaths, Language, Manners, and Interest of the Several Present Inhabitants of Ireland.
- [chapter XIII.]: Several Miscellany Remarks and Intimations Concerning Ireland, and the Several Matters Aforementioned.
- Report From the Council of Trade 1676.
- Political Arithmetick, Or a Discourse Concerning,
- Note On the “political Arithmetick.”
- To the King's Most Excellent Majesty 1 .
- Preface 1 .
- The Principal Conclusions 1 of This Treatise Are,
- Errata.
- Chap. I.: That a Small Country and Few People, By Its Situation, Trade, and Policy, May Be Equivalent In Wealth and Strength, to a Far Greater People and Territory: and Particularly That Conveniencies For Shipping and Water-carriage, Do Most E
- Chap. II.: That Some Kind of Taxes and Publick Levies, May Rather Increase Than Diminish the Wealth of the Kingdom .
- Chap. III.: That France Cannot By Reason of Natural, and Perpetual Impediments, Be More Powerful At Sea, Than the English, Or Hollanders 1 Now Are, Or May Be .
- Chap. IV.: That the People and Territories of the King of England, Are Naturally Near 1 As Considerable For Wealth and Strength, As Those of France.
- Chap. V.: That the Impediments of Englands Greatness, Are But Contingent and Removable .
- Chap. VI.: That the Power and Wealth of England Hath Increased This Last Forty Years .
- Chap. VII.: That One Tenth Part of the Whole Expence, of the King of England's Subjects, Is Sufficient to Maintain Ten Thousand 1 Foot, Forty Thousand Horse, and Forty Thousand Men At Sea; and Defray All Other Charges of the Government Both Ordina
- Chap. VIII.: That There Are Spare Hands Enough Among the King of England 's Subjects, to Earn Two Millions Per Annum More Than They Now Do; and That There Are Also Employments, Ready, Prope, and Sufficient, For That Purpose .
- Chap. IX.: That There Is Mony Sufficient to Drive the Trade of the Nation.
- Chap. X.: That the King of England's Subjects, Have Stock Competent and Convenient, to Drive the Trade of the Whole Commercial World.
CHAP. IX.
That there is Mony sufficient to drive the Trade of the Nation.
SInce his Majesties happy Restauration, it was thought fit to call in, and new Coin the mony, which was made in the times of Usurpation. Now it was observed by the general consent of Cashiers, that the said mony (being by frequent Revolutions well mixed with old) was about a seventh part thereof: and that the said mony being called in, was about 800000 l. and consequently the whole five Millions six hundred thousand pound . Whereby it is probable that (some allowance being given for hoarded mony) the whole Cash of England was then about six Millions, which I conceive is sufficient to drive the Trade of England, not doubting but the rest of his Majesties Dominions have the like means to do the same respectively. ‖
If there be six Millions of Souls in England, and that each spendeth 7 l. per annum, then the whole expence is forty two Millions, or about eight hundred thousand pound per week ; and consequently, if every Man did pay his expence weekly, and that the Money could circulate within the compass of a Week, then less than one Million would answer the ends proposed. But forasmuch as the Rents of the Lands in England (which are paid half yearly) are eight Millions per annum, there must be four Millions to pay them. And forasmuch as the Rent of the Housing of England, paid quarterly, are worth about four Millions per ann. there needs but one Million to pay the said Rents; wherefore six Millions being enough to make good the three sorts of Circulations above mentioned, I conceive what was proposed, is competently proved, at least until something better be held forth to the contrary. ‖
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