Page:William Petty - Economic Writings (1899) vol 1.djvu/142

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42
Treatise of Taxes.

are gotten Westward; Insomuch, as I do not doubt but that five hundred years hence, the King's Pallace will be near Chelsey, and the old building of Whitehall converted to uses more answerable to their quality. For to build a new Royal Pallace upon the same ground will be too great a confinement, in respect of Gardens and other magnificencies, and withall a disaccommodation in the time of the work; but it rather seems to me, that the next Palace will be built from the whole present contignation of houses at such a distance as the old Pallace[1] of Westminster |24| was from the City of London, when the Archers began to bend their bowes just without Ludgate, and when all the space between the Thames, Fleet-Street, and Holborn was as Finsbury-Fields are now.

10. This digression I confess to be both impertinent to the business of Taxes, and in it self almost needless; for why should we trouble our selves what shall be five hundred years hence, not knowing what a day may bring forth; and since 'tis not unlikely, but that before that time we may be all transplanted from hence into America, these Countreys being overrun with Turks, and made waste, as the Seats of the famous Eastern Empires at this day are.

11. Onely I think 'tis certain, that while ever there are people in England, the greatest cohabitation of them will be about the place which is now London, the Thames being the most commodious River of this Island, and the seat of London the most commodious part of the Thames; so much doth the means of facilitating Carriage greaten a City, which may put us in minde of employing our idle hands about mending the High-wayes, making Bridges, Cawseys, and Rivers navigable: Which considerations brings me back round into my way of Taxes, from whence I digrest.

12. But before we talk too much of Rents[er 1], we should endeavour to explain the mysterious nature of them, with reference as well to Money, the rent of which we call usury; as to that of Lands and Houses, afore-mentioned.


  1. 1679 ed., "whole Pallace."

errata:

  1. between [Rents and we] interline [in order to Taxes]