Page:PettyWilliam1899EconomicWritingsVol2.djvu/268

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Summary.
573

64, or from 3 to 4: Besides the Addition of 100 Thousand Pounds per Ann. to be transferred from the Church of Ireland to that of England for extraordinary Uses.

13. Of the 200 Thousand Pounds per Ann. allotted for the Guard of Ireland 120 Thousand Pounds is intended for 4000 Seamen in 40 small Ships sufficient to begirt Ireland; and to guard 2 Lines: The one between the North of Ireland and Scotland, the other between Kingsale and Silly, Which, with two Lines more, the one from Ushent in France to Silly, and the other from the North of Scotland to Norway, will make a real Mare Clausum never yet described.

14. It follows from the Premisses, That it is not the Interest of England to seek more Territory, nor to send Auxiliary Men to their Allies, worth (being all able bodied Men) about 100l. per Head: Few such having been observ'd to come back when once sent out.

15. Consequently England may still think of being Sovereign within a Mare Clausum, the Profit and Loss whereof is handled elsewhere[1].

16. The Lands of Ireland, by ascertaining their Names, Bounds, Titles, and Values, and by the Simplicity of Trade here propounded, will be made a better Material for Money than Gold and Silver, as far less subject to Abuses; as also Usury will be thereby lessened.

17. The Manners, Habits, Language, and Customs of the Irish (without Prejudice to Religion) will be transmuted into English, within less than an Age, and all Old Animosities forgotten.

18. The insnaring Questions, between England and Ireland, about the Supremacy of Parliament; the Multitude of Law-Suits; the Vexations about Levying the King's Revenue; the Irregularities of Coins, and the Want of the same for Trade, will all, or the most part, cease and be abolished.

19. Where 5 Millions of Profit rises (as is here propounded) from the Earth and Sea, the consequent or concomitant Profit arising from the Labors of the People

  1. Petty's discussion of this subject appears to be lost.