Page:William Petty - Economic Writings (1899) vol 1.djvu/351

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Dutch Taxes.
253

which is about 6½ Millions of Pounds Sterling, of which summ the Author says, that one fifth part was abated for non-valuers or Insolvencies, so (as I suppose) not above Five Millions were effectually raised: But whereas some say, that the King of France raised Eleven Millions as the 15 of the effects of France; I humbly affirm, that all the Land and Sea Forces, all the Buildings and Entertainments, which we have heard by common Fame, to have been |[7]| set forth and made in any of these seven last Years, needed not to have cost six Millions Sterling; wherefore, I suppose he hath not raised more, especially since there were one fifth Insolvencies, when the Tax was at that pitch. But Holland and Zealand,The Taxes paid by Holl.and Zealand. paying 67 of the 100, paid by all the United Provinces, and the City of Amsterdam paying 27 of the said 67; It follows that if Amsterdam hath paid 4000l. Flemish per diem, or about[1] 1400000l. per annum, or 800000l. Sterling; that all Holland and Zealand, have paid 2100000l. per annum: Now the reasons why I think they pay so much, are these, viz.

1. The Author of the State of the Netherlands saith so[2].

2. Excise of Victual at Amsterdam, seems above half the Original value of the same, viz.

Ground Corn pays 20 Stivers the Bushel, or 63 Gilders the Last; Beer 113 Stivers the Barrel, Housing 16 of Rent[3], Fruit 18 of what it cost; other Commodities 17, 18, 19, 112; Salt ad libitum, all weighed Goods pay besides the Premisses a vast summ; now if the expence of the People of Amsterdam at a medi-|[8]|um, and without Excise were 8l. per annum per annum, whereas in England 'tis 7l. then if all the several Imposts above named, raise it Five Pound more, there being 160000 Souls in Amsterdam, the summ of 800000l. Sterling per annum will thereby be raised.

  1. S, 'about' inserted by Petty, R 'about 1460,000 p Ann or above 800 thousand.'
  2. "It is commonly reported that in the general contribution of the Provinces toward the War, Holland gives 57 in a 100, and Amsterdam alone gives above 27 of the 57; from whence may be inferred what are the riches of that Town. The revenue of the said City comes to above 4000 pound a day." The present state of the United Provinces of the Low-countries,... Collected by W[illiam] A[lbigony]. The second edition. London, 1671, p. 360.
  3. 1691, 'the rent,' cf. errata on p. 248.