Page:Malthus 1807 A letter to Samuel Whitbread.djvu/27

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for making every kind of productive capital rateable[1], will effect a most important alteration in this interest.

If the burden of the poor's rates were really divided equally among all sorts of property, I am afraid it might be shown, from incontrovertible principles of political economy, that it would be a pecuniary advantage to all those who employ labour, and who would according to your Bill have the principal influence in all the determinations of Vestries, to push this encouragement to population to a considerable extent; because, in the employment of their capital, they would gain much more by the cheapness of labour, than they would lose by the payment of their rates.

  1. I should think that very considerable difficulties would occur in rating personal property in the mode proposed by the bill; but I am here arguing upon the supposition of its being effectually executed.