Econlib

The Library

Other Sites

Front Page arrow Titles (by Subject) arrow APPENDIX A: A Table, Showing the Result of Value Lent to the State. - A Treatise on Political Economy

Return to Title Page for A Treatise on Political Economy

Search this Title:

Also in the Library:

Subject Area: Economics
Topic: General Treatises on Economics
Collection: Classics of Liberty
Topic: Property
E-Books: Kindle Pilot Project

APPENDIX A: A Table, Showing the Result of Value Lent to the State. - Jean Baptiste Say, A Treatise on Political Economy [1803]

Edition used:

A Treatise on Political Economy; or the Production, Distribution, and Consumption of Wealth, ed. Clement C. Biddle, trans. C. R. Prinsep from the 4th ed. of the French, (Philadelphia: Lippincott, Grambo & Co., 1855. 4th-5th ed. ).

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


APPENDIX A

A Table, Showing the Result of Value Lent to the State.

General Fund, whence all Revenue is derivable; consisting of the Total Natural Agency, Capital and Industry, at the command of the Nation, divided into four equal portions, whereof respectively each Individual is supposed to possess a share, proportionate to his Wealth. Of this stock, the only part applicable to the purpose of a National Loan, is the transferable or floating value, capable of acting as capital.

I. yieldingrevenueconsumable by the proprietor himself.These three portions yield but two of revenue; portion II. being absolutely extinct.
II. yieldingnothing; being lent to, and consumed by the staterevenue.
III. yieldingrevenuetransferred to, and consumable by, the lenders of Portion II.
IV. yieldingrevenueapplicable to any purpose.

APPENDIX B

A table, showing the comparative condition of France, Great Britain and Ireland, and the United States of America, in respect to Population, Debt, and Taxation, at the close of the year 1831.

 Population.Debt.Revenue.
France32,560,000$1,036,800,000$187,200,000
Britain and Ireland24,304,0003,756,802,723247,075,200
United States13,200,00024,322,235*28,526,820*
* These two sums only include the public debt and revenue of the Federal Government, at the period referred to, and not the debts and revenue of the different States of the Union. To show the comparative condition of the people of the United States, with those of France and Britain, in respect to debt and taxation, at the time mentioned, it would be necessary to add the debts and revenue of the respective States, which, however, at this time, we have no means of doing. American Editor.