Page:William Petty - Economic Writings (1899) vol 1.djvu/393

Rh It will here be objected, that the splendor and magnificencies of the King of France, appearing greater than those of England, that the Wealth of France must be proportionably greater, than that of England; but that doth not follow, forasmuch as the apparent greatness of the King, doth depend upon the Quota pars of the Peoples Wealth which he levyeth from them; for supposing of the People to be equally Rich, if one of the Sovereigns levy a fifth part, and another a fifteenth, the one seems actually thrice as Rich as the other, whereas potentially, they are but equal.

Having thus discoursed of the Territory, People, Superlucration, and Defencibleness of both Dominions, and in some measure of their Trade, so far as we had occasion to mention Ships, Shipping, and nearness to Ports; we come next to inlarge a little further, upon the Trade of each.|[82]|

Some have estimated, that there are not above Three hundred Millions of People in the whole World. Whether that be so or no, is not very material to be known; but I have fair grounds to conjecture, and would be glad to know it more certainly, that there are not above Eighty Millions, with whom the English and Dutch have Commerce; no Europeans that I know of, Trading directly nor indirectly, where they do not; so as the whole Commercial World, or World of Trade, consisteth of about Eighty Millions of Souls, as aforesaid.

And I further estimate, that the value of all Commodities yearly exchanged amongst them, doth not exceed the value of Forty Five Millions: Now the Wealth of every Nation, consisting chiefly, in the share which they have in the Foreign Trade with the whole Commercial World, rather than in the Domestick Trade, of ordinary Meat, Drink, and Cloaths, &c. which bringing in little Gold, Silver, Jewels, and other Universal Wealth; we are to consider, Whether the Subjects of the King of England, Head for Head, have not a greater share, than those of France. |[83]|

To which purpose it hath been considered, that the Manufactures of Wool, yearly exported out of England, into