Extracts from Beeke’s Observations
below in labour.
|proportion for Scotld.||5,000,000||8,500,000|
|Int. on funds.||15,000,000|
|profit on forn. trade||12,000,000||8,000,000|
|3. houses not included in the rent of lands||200,000,000|
|4. mines, canals, timber, tolls &c||100,000,000|
|5. present value of income from public debt||300,000,000|
|6. farming capital, equal at present to not less than|
|5. clear rents, viz. pasture 2. to 3. arable 5. to|
|7. home trade||120,000,000|
|8. foreign trade & shipping||80,000,000|
|Unproductive of income.|
|9. waste lands, (excludg all incapable of improvemt adequate to the expence, about 10,000,000 acres||30,000,000|
|10. houshold furniture||160,000,000.|
|11. plate, jewels & other useful & ornamentl articles nt considd as furniture||50,000,000|
|value of permanent income, applicable to annual expenditure||160,000,000|
|value of income appropriated to extinguish the public debt||90,000,000|
|value of shipping, arsenals, national buildings, stores, credits, & all other assets after deducting all unfunded debt||15,000,000|
|value of provincial & municipal buildings, as churches, hospitals, bridges, prisons &c with the effects belonging to them||25,000,000|
MS (DLC: TJ Papers 108:18555); entirely in TJ’s hand; torn and probably incomplete; letters in brackets conjectured by Editors from context.
Reverend Henry Beeke first published his Observations on the Produce of the Income Tax, and on its Proportion to the Whole Income of Great Britain including Important Facts Respecting the Extent, Wealth, and Population of this Kingdom in London in 1799. It is likely, however that TJ referred to the “new and corrected edition, with considerable additions” published also in London in 1800. TJ’s second table above (“Private property. productive of income”) was copied, with some omissions, from pp. 183–4 of this 1800 edition.