Page:William Petty - Economic Writings (1899) vol 1.djvu/395

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English Imports from France.
297

smuckled by the Merchants, and one Hundred thousand pounds gained by the Farmers; |[85]| according to common Opinion, and Mens Sayings: And this agrees also with that proportion, or part of the whole Trade of the World, which I have estimated the Subjects of the King of England to be possessed of, viz. of about Ten of Forty Five Millions.

But the value of the French Commodities, brought into England, (notwithstanding some currant estimates[1],) are not above one Million Two hundred thousand pounds per annum[2]; and the value of all they export into all the World besides, not above Three or Four times as much; which computation also agreeth well enough, with the account we have of the Customs of France; so as France not exporting above ½ the value of what England doth; and for that all the Commodities of France (except Wines, Brandy, Paper, and the first patterns and fashions for Cloaths, and Furniture (of which France is the Mint) are imitable by the English; and having withal more People than England; it follows that the People of England, &c. have Head for Head, thrice as much Foreign Trade as the People of France; and about |[86]| Two parts of Nine of the Trade of the whole Commercial World; and about Two parts in Seven of all the Shipping: Notwithstanding all which it is not to be denied, that the King and some great Men of France, appear more Rich and Splendid, than those of the like Quality in England; all which arises rather from the nature of their Government, than from the Intrinsick and Natural causes of Wealth and Power. |[87]|


  1. S, R, G, 'm. Fortries Estimates,' S altered to 'some currant.' For a possible source of Petty's estimate, see note 1, p. 252.
  2. Fortrey asserted that a 'particular' delivered to the King of France not long before 1663, upon a design he had to have forbidden the trade between France and England, showed that the yearly value of the English imports from France exceeded the exports to France by 2,600,000l. England's Interest, in Whitworth's Tracts, i. 21.