Page:William Petty - Economic Writings (1899) vol 1.djvu/239

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of IRELAND.
139
M.
The said 7,500 Acres of good, and the 1,500 of
course, making together 9000 M. is worth per
Annum[1].
M.l.
900,000
Out of which the King's Quit-rents, Old-rents
and Composition[2],
90,000
Rests 810,000
The Tythes whereof are one fifth[3], viz. 162,000
Rests 648,000
The benefit of Leases, and the value of Tenants Improvements upon the said Lands[4], is ⅓ viz. 216,000
For the Landlords 432,000
If the whole 75000 be clearly worth but
43 2000 1. per Ann. then the 2,520 gain'd by the
Rebellion[5], is worth but about ⅓ thereof (the 80 M. in the Common Stock being worth very little), viz.[6]
144,000 [7]
And the Adventurers and Soldiers Lands, who
served since 1649. worth about ¾ of the same, viz.
108,000 |5|
  M.
And the said Soldiers alone 35 of the whole,
viz.
86,400
per An.
Mem. That by the Successes of the Army, who serv'd since 1649. and who have 85400[8] l. per An. for their labour. His Majesty hath received the several Advantages following, viz.
  1. Cox, 'ye computaċon of 9000000a to be worth yearly 900000l p ann which is but 2s a plantaċon acre is to low by ⅓.'
  2. Cox, 'ye quitrent &c he makes to be 90000l p ann but tis not near soe much.'
  3. Cox, 'That ye Tithe should be a fifth, seems a great paradox.'
  4. Cox, '& so tis ye leases and improvemts should be deducted out of ye Small value of 2s p acre.'
  5. Cox, 'And therefore notwithstanding his calculaċon yt ye 2520000a gaind by ye rebell is worth but 144000 p ann he should have said yt the [the words in Italics are cancelled, and Cox proceeds] they are at 2s p acre worth p ann 252000l & really worth more.'
  6. In the margin of S, 'Memd' that ye charge of the army from 1653 to 1673 communibus Annis far exceeds ye charge of ye Goverment 1641, and ye rent of the forfeited lands.'
  7. Beneath '144000' in S, 'wch is less than ye present charge of ye Army.'
  8. Apparently a mistake for '86400,' so corrected in the margin of S, but not in the text.