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

M.
The said 7,500 Acres of good, and the 1,500 of course, making together 9000 M. is worth per Annum[1].			$\scriptstyle {\left.{\begin{matrix}\ \\\\\ \ \end{matrix}}\right\}\,}$	M.l. 900,000
Out of which the King's Quit-rents, Old-rents and Composition[2],			$\scriptstyle {\left.{\begin{matrix}\ \\\ \end{matrix}}\right\}\,}$	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.			$\scriptstyle {\left.{\begin{matrix}\ \\\ \end{matrix}}\right\}\,}$	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]			$\scriptstyle {\left.{\begin{matrix}\ \\\\\ \\\ \ \end{matrix}}\right\}\,}$	144,000	[7]
And the Adventurers and Soldiers Lands, who served since 1649. worth about ¾ of the same, viz.			$\scriptstyle {\left.{\begin{matrix}\ \\\ \end{matrix}}\right\}\,}$	108,000	|5|
				M.
And the said Soldiers alone 3⁄5 of the whole, viz.			$\scriptstyle {\left.{\begin{matrix}\ \\\ \end{matrix}}\right\}\,}$	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, 'y^e computaċon of 9000000^a to be worth yearly 900000^l p ann which is but 2^s a plantaċon acre is to low by ⅓.'
2. Cox, 'y^e quitrent &c he makes to be 90000^l p ann but tis not near soe much.'
3. Cox, 'That y^e Tithe should be a fifth, seems a great paradox.'
4. Cox, '& so tis y^e leases and improvem^ts should be deducted out of y^e Small value of 2^s p acre.'
5. Cox, 'And therefore notwithstanding his calculaċon y^t y^e 2520000^a gaind by y^e rebell is worth but 144000 p ann he should have said y^t the [the words in Italics are cancelled, and Cox proceeds] they are at 2^s p acre worth p ann 252000^l & really worth more.'
6. In the margin of S, 'Mem^d' that y^e charge of the army from 1653 to 1673 communibus Annis far exceeds y^e charge of y^e Goverment 1641, and y^e rent of the forfeited lands.'
7. Beneath '144000' in S, 'w^ch is less than y^e present charge of y^e Army.'
8. Apparently a mistake for '86400,' so corrected in the margin of S, but not in the text.