Page:William Petty - Economic Writings (1899) vol 1.djvu/219

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How to Employ the People.
119

of other kinds. For if one man could raise Corn enough for the whole, better than any one man; then that man would have the natural Monopoly of Corn, and could exact more labour for it in exchange, than if ten others raised ten times as much Corn as is necessary; which would make other labour so much the dearer, as men were less under the need of engaging upon it.

2. By this way we might recover our lost Cloth-trade[1], which by the same the Dutch got from us. By this way the East-Indians furnish us from the other end of the world with Linnen cheaper than our selves can make them, with what grows at our own Doors. By this means we might fetch Flax from France, and yet furnish them with Linnen (that is) if we make no more than we can vend, but so much with the fewest hands, and cheapest food, which will be when Food also is raised, by fewer hands than elsewhere.

3. I answer generally we should employ our selves by raising such Commodities, as would yield and fetch in money from abroad: For that would supply any wants of ours from the same, or any other place at all times. Which Stores of Dome-|24|stick Commodities could not effect, whose value is to call a Temporary (i.e.) which are of value but pro hic & nunc.

4. But when should we rest from this great Industry? I answer, When we have certainly more Money than any of our Neighbour States, (though never so little) both in Arithmetrical and Geometrical proportion (i.e.) when we have more years provision aforehand, and more present effects.

5. What then should we busie our selves about? I answer, in Ratiocinations upon the Works and Will of God, to be supported not only by the indolency, but also by the pleasure of the Body; and not only by the tranquility, but serenity of the mind; and this Exercise is the natural end of man in this world, and that which best disposeth him for his Spiritual happiness in that other which is to come. The motions of the mind being the quickest of all others, afford

  1. See Treatise of Taxes, p. 30 n.