Page:PettyWilliam1899EconomicWritingsVol2.djvu/287

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592
Treatise of Ireland.

2. When he had declared for an absolute Liberty of Conscience.

3. When the Publick Revenue, especially that of Customs and Excise (being the Pulse of the Nation) were never higher than in the year 1686.

Having entred upon the Consideration of the Decays of Ireland, it may not be impertinent to consider also (being a Thing much talked on) the Number and Quality of the Brittish and Protestants, who have lately quitted that Countrey; as apprehending much Danger in the Change from the Army and Civil Government, which have happen'd there. In order whereunto, I frame this General Question (vizt) What would be the Damage and Detriment to the Common-wealth of Ireland, if all the Brittish and Protestants, with their Personal Estates, were removed from thence, That by the Rule of Proportion we may measure the Effects of Removing any Part of the whole, when we come to know that Part.

We have said that the Irish Catholicks are to the Brittish as 8 to 1. We must add that (Generally speaking) the ordinary Wages of English Workmen and Artizans is triple to that of Irish Labourers, which is but 4d. per Diem; whereas the meanest of the other Sort do earn at least 12d. So as reckoning one of the English to be equivalent to 3 Irish, the real Proportion between the said Parties will be as 8 to 3, That is to say, the Irish Catholicks will be 8 of 11, and the English in Effect 3 of 11. Wherefore if the value of the Lands in Ireland be 11 Times 11, or 121, Suppose 11 Groats per Acre and 11 Year's Purchase, then after the English are gone the same will fall to 8 Groats the Acre and 8 Year's Purchase; that is to say, to 64 Groats, which before was worth 121 Groats, and become to be but about half the present Value. Which agreeth with what is observed to come to pass in the

    other) apprehensions any men may have, his Majesty hath no intention of altering the Acts of Settlement." Clarendon, Correspondence, ii. 475. Those who were frightened, however, were not frightened altogether without reason, for in the next month after Petty tried to submit the Treatise to the King, Sunderland told Barillon that James intended to reverse the Act of Settlement. Dalrymple, Memoirs, ii. 262.