Page:William Petty - Economic Writings (1899) vol 1.djvu/212

112 2. To raise 216,000l. out of 8,000,000 M. Rent, requires $1/37$ of the Rent, and $1/27$ of $1/37$; but allowing the charge of Collecting, we may express it to a $1/36$ part.

3. To raise 54000l. per annum, out of 36,000000 M. requires the annual payment of a 666th part of the whole value; but in regard of Charges, let it be reduced to a 600th part.

4. The like for the 60000l. of Personal Estates.

5. To raise 45000l. per annum, from all the Housing worth 30 Millions, or 7500 for the Housing in London-Liberties, worth about 5 Millions, and whose Rent is 4,20 000l. per annum, requires but $1/56$ of the annual Rent, which cannot be above 12d. a Chimney per Annum, reckoning 5 to each House. Without the Liberties, about 10d. the Chimney will effect the same; 6d. in the Cities and Market-Towns, and 4d. elsewhere. |13|

6. As for the 625,000l. to be raised by the People, it requires but 2s. 1d. per Pole per Annum, which let rather be divided into a Pole of 6d. a Head, and an Excise of 19d. which is not the full $1/84$ part of the mean expence, 6l. 13s. 4d. so as the $1/84$ of the value of Consumptions, will with the said 6d. Pole, raise 625,000 l. per Annum.

T may be asked, If there were occasion to raise 4 Millions per Annum, whether the same 6 Millions (which we hope we have) would suffice for such revolutions and circulations thereof as Trade requires? I answer yes; for the Expence being 40 Millions, if the revolutions were in such short Circles, viz. weekly, as happens among poorer