Page:William Petty - Economic Writings (1899) vol 1.djvu/407

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Work for Spare Hands.
309

there was earned in four years by Tradesmen, (relating to Building only) the summ of four Millions; viz. one Million per annum, without lessening any other sort of Work, Labour, or Manufacture, which was usually done in |[108]| any other four years before the said occasion. But if the Tradesmen relating to Building only, and such of them only as wrought in and about London, could do one Million worth of Work extraordinary; I think that from thence, and from what hath been said before, all the rest of the spare Hands, might very well double the same, which is as much as was propounded.

Now if there were spare Hands to Superlucrate Millions of Millions, they signifie nothing unless there were Employment for them; and may as well follow their Pleasures, and Speculations, as Labour to no purpose; therefore the more material Point is, to prove that there is two Millions worth of Work to be done, which at present the Kings Subjects do neglect.

For the proof of this there needs little more to be done, than to compute 1. How much mony is paid, by the King of England's Subjects, to Foreigners for Freights of Shipping.2. How much the Hollanders gain by their Fishing Trade, praftised upon our Seas.3. What the value is of all the Commodities, Imported into, and spent in England; which |[109]| might by diligence be produced, and Manufactured here. To make short of this matter, upon perusal of the most Authentick Accompts, relating to these several particulars, I affirm that the same amounteth to above five Millions, whereas I propounded but two Millions.

For a further proof whereof Mr. Samuel Fortry[1] in his ingenious Discourse of Trade, exhibits the particulars, wherein it appears, that the Goods Imported out of France only, amount yearly to two Millions six hundred thousand pounds. And I affirm. That the Wine, Paper, Corke, Rozen, Capers, and a few other Commodities, which England cannot produce, do not amount to one fifth part of the said summ. From whence it follows, that (if Mr. Fortry hath not erred) the two Millions here mentioned, may arise from France alone; and consequently five or six Millions, from all the three Heads last above specified. |[110]|

  1. See p. 297, note 2.