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PREFACE. - Sir William Petty, The Economic Writings of Sir William Petty, vol. 2 [1681]

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.

Part of: The Economic Writings of Sir William Petty, 2 vols.

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PREFACE.

SOME have Imagined, there being about 1300 Thousand People1 in Ireland, that to bring a Million of them into England, and to leave the other 300 Thousand for Herdsmen and Dairy-Women behind, and to quit all other Trades in Ireland, but that of Cattle onely, would effect the Settlement, Improvement, and Union, above propounded.

But against this Method there lyes this gross and obvious Objection, vizt. That the Transporting of a Million of People, will cost a Million of Pounds; That the Housing, and other Goods in Ireland, which will be lost hereby, are worth Two Millions more: Nor is it safe to Estimate other Damages and Expenses, consequent to this Undertaking, at less than one Million more; in all at 4 Millions of Expence and Damage. To which Objection there is a Gross Answer: which is, That by Bringing a Million of People into England, where are 7 already, the King's Revenue of Customs, Excise, and Hearths, will rise from 7 to 8, that is, to 200 Thousand Pounds per Ann. more then at present2 :–which Increase, at 20 Years Purchase, is above 4 Millions, and more than the Loss above-mentioned. Now where the King's Revenue, shall Naturally and Spontaneously increase, it is rationally to be suppos'd, That the People's Wealth may increase 20 Times as much, The Public Revenue being, almost by a Law of Nature, the image Part of the People's Expence.

Wherefore suspending any further Answer to the said gross Objection, we proceed to say, That the Transplantation and new Cattle-Trade above-propounded, will produce the Effects hereafter mentioned. (vizt.)

Political Pastimes and Paradoxes: In an Essay concerning a Perpetual Peace and Settlement of Ireland. With the Natural Union of both Kingdoms and Peoples.

[1]Petty had calculated the population of Ireland at 1,100,000 in 1672 and at “about 1200 Thousand” in 1676. Polit. Anat., p. 141, and note on p. 142, Polit. Arith., p. 272.

[2]‘then at present’ inserted by Petty.