Page:William Petty - Economic Writings (1899) vol 1.djvu/386

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288
Political Arithmetick.

against the Importation of Cattle, |[70]| Flesh, and Fish from abroad; and that the draining of Fens, improving of Forests, inclosing of Commons, Sowing of St. Foyne and Clovergrass, be grumbled against by Landlords[1], as the way to depress the price of Victuals; then it plainly follows, that less than three Acres improved as it may be, will serve the turn, and consequently that four will suffice abundantly. I could here set down the very number of Acres, that would bear Bread and Drink, Corn, together with Flesh, Butter, and Cheese, sufficient to victual Nine Millions of Persons, as they are Victualled in Ships, and regular Families; but shall only say in general; that Twelve Millions of Acres viz. ⅓ of 36 Millions, will do it, supposing that Roots, Fruits, Fowl, and Fish, and the That the value of all the quitted Lands and immovable goods and charge of transplantation are not worth above 17 Millions.ordinary profit of Lead, Tin, Iron-Mines, and Woods, would piece up any defect, that may be feared.

As to the second, I say, that the Land and Housing in Ireland, and the High-Lands of Scotland, at the present Market rates, are not worth Thirteen[2] Millions of Money; nor would the actual charge of making the Transplantation proposed, amount to four[2] Millions more: |[71]| So then the Question will be, whether the benefit expected from this Transplantation, will exceed Seventeen Millions[2]?

To which I say, that the advantage will probably be near four[3] times the last mentioned summ, or about Sixty nine Millions, Three Hundred thousand Pounds[4]. For if the Rent of all England and Wales, and the Low-Lands of Scotland, be about Nine Millions per annum; and if the fifth part of the People be superadded, unto the present Inhabitants of those Countries; then the Rent will amount unto Ten Millions 8000l. and the number of Years purchase, will
  1. It does not appear that much practical result followed from the recommendation of clover, sainfoin and lucerne until the eighteenth century. Cunningham, English Industry, ii. 183, Rogers, Hist. of Agriculture and Prices, v. 59, cf. however v. 62. Aubrey writes (before 1685), "Memorandum. Great increase of sanfoine now, in most places fitt for itt." Natural History of Wiltshire, ed. Britton, ch. x. p. 11.
  2. 2.0 2.1 2.2 S, R, "10...2...12," altered in S to "13...4...17."
  3. S, '6' altered to '4.'
  4. S, 'above 72 millions' altered to 'about 69,300,000.'