Page:PettyWilliam1899EconomicWritingsVol2.djvu/262

Rh Now if the Charge of England could be defray'd for 1300 Thousand Pounds per Ann. in Times of Peace, and that of Ireland with 200 Thousand Pounds, and that of Scotland with 68 Thousand Pounds (the $1/3$ of Ireland) in all with 1568 Thousand Pounds per Ann. the Overplus would be 1108 Thousand Pounds. Now for as much as in England there has not been found, for these many years, more than one Year of Warr to 3 of Peace, the said Overplus of 1108 Thousand Pounds for three Years of Peace would be 3324 Thousand Pounds: Which added to the Yearly Revenue of 2676 Thousand Pounds will make a Stock of 6 Millions for the Year of Warr: Which is thrice as much as has been spent in any late Year of Warr, and consequently sufficient for all Uses in View. We further say that because the King's Revenue in Ireland is at present 270 Thousand Pounds neat; and because but 80 Thousand Pounds thereof is by this New Model to be spent in Ireland; It follows that 190 Thousand Pounds more must be paid him in England out of the 1500 Thousand Pounds above-mentioned to be sent thither.

And moreover because the Church-Benefices of Ireland are 120 Thousand Pounds per Ann. whereof onely 20 Thousand Pounds, by this new Model, is to be spent by the Clergy in Ireland; It follows that the remaining 100 Thousand Pounds be transferred to Church Uses in England: And consequently when 290 Thousand Pounds of 1500 Thousand Pounds shall be paid to the King and Church, there will remain 1210 Thousand Pounds payable to the Owners of Irish Lands and Stock, who live in England.

F the Charge of the Clergy in Ireland be now 120 Thousand Pounds per Ann. and after the Transplantation no more than 20 Thousand Pounds, then there will be 100 Thousand Pounds per Ann. overplus; which will afford 100l. per Ann. to 1000 Divines dissenting from the Authoriz'd Religion,