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money answers all things-第22部分
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ciety; but will in general extinguish all Kinds of Vice together with it。 For this too great Inequality of Property; I have now represented; is the sole Source; whence they all spring; and Solomon; the wisest of Men; hath determined this of the Poor; who are the Bulk of Mankind; when he says; as in the Motto I have chosen to this Essay; The Destruction of the Poor is their Poverty。 But sure; Destruction was never justly attributed to any other Cause than Vice; wherefore Poverty and Vice must according to Solomon be necessarily connected; and; I think; Excess of Affluence must be so too; since it is but changing Solomon's Determination to the other Extream。 But that I may fully prove; that the Execution of this Proposal will certainly remove Luxury; so far as it's hurtful to Society; which is all the Concern we need in the present Case have about it; I assert; that a middling Family in London; will in a very moderate Way of Living; in the middling Station of Life; require about 400 l。 per Annum to maintain and make Provision for them; as by a subsequent Estimate shall be made appear: Now this Sum is undoubtedly as much more than the People in the middling Rank of Life can generally get; as the Wages of the labouring People are less than the Estimate for such a Family shews to be needful; therefore I insist; as I have before shewn; that if the Produce of the Ground were augmented about half; the Wants of the People are great enough to consume it all; and that without living in the least luxuriously; since by both Estimates it appears; only necessary Things are allowed for the two Stations of Life; in which almost all Mankind are included。 For the Number of those above the lower and middling Stations; are undoubtedly few in Comparison to the Numbers; which must be included within the bounds of these Estimates: If therefore the Produce of the Earth would be wanted and consumed; though it were augmented to so great a Degree as half; and if; as I have before shewn; it is perhaps not possible to increase it so much; and if; however; what we can do to augment it makes Plenty; and the Nature of Plenty be such as necessarily to bring those Things into the Power of the middling and lower People; who are those only that stand in need of them; if these Things are so; how is it possible there should be any general or national Luxury amongst the People; since we can't make the Earth produce so much as will support or cause it? Nay; since the Method of increasing the Produce; naturally and necessarily diffuses the Increase amongst the lower and middling People who alone want it; it must be plain; that this must remove Luxury; so far as it's hurtful to Society; and also; that Luxury is founded in too great an Inequality of Property; as I have asserted: And hence also it must appear; that Luxury is not the Cause but the Effect of a Decay of Trade; since a Decay of Trade is nothing else but the Bulk of the Peoples wanting many Things; which they ought to have; and which; for want of sufficient Employment and Business; it is out of their Power to procure。 10thly; The full and sufficient Execution of this Proposal; will prevent too great a Reduction of the Interest of Money; because the continual inclosing and improving so much waste Land; as will be needful for the Purposes laid down in this Essay; will not only make abundance of Estates to be purchased; which are now not worth one fourth; perhaps; of what they will be when improved; but will raise such vast Quantities of Produce; and consequently Manufactures; to invest that Money in; which the Government may from Time to Time be paying off; which Money; if this Way be not provided for employing and investing it; must again come to Market to find Interest; whereby the Plenty of Money; seeking Interest; will be so great; that Interest must sink; or; which is equivalent; the Premiums on Money at Interest advance; in such Proportion as the Plenty of Money seeking Interest shall increase; which Premiums; with the Interest thereof; must in the End be lost; in consideration of receiving three or four per cent for a Time; instead of such Interest; as the Plenty of Money seeking Interest would naturally bear。 But the executing this Proposal is absolutely needful; as it is the only Means; whereby the Price of all Things can be lowered in such Proportion as the publick Securities shall be paid off: For these having now the Operation of Money; keep up the Price of all things in Proportion to their Quantity; which; as they shall from Time to Time be paid off and annihilated; will be found to have just the same Effect in lowering the Price of every thing; as as if the Nation had really lost so much Gold and Silver。 And though I think this self…evident; yet I shall quote E。 Phillips; Esq; to support me; who; Page 42; says; there can be no doubt; that in the Year 1750; or thereabout; when we may suppose the whole national debt paid off; and all the Paper Effects; which now have the Operation of Money; annihilated; all Goods will fall in their Price; because these Paper Effects being then sunk; their Operation must cease of Course。 For as the Value of Commodities has risen; by the Increase of Gold and Silver within these 150 Years; so would they of Necessity fall in their Price; if our Golda nd Silver were considerably diminished; the Consequence must be the same; if there is a Diminution of that which hath the Operation of Money。 'Tis true; as he further says; That as the Taxes will be abated; as the national Debts are paid off; so the Prices of Goods will fall in Proportion to the Abatement of the Impost on them; yet this will by no means suffer the Prices of things to fall in Proportion to the sinking such a prodigious Value of Paper Effects; as at present operate with the full Force of Money amongst us; for these being several Times as great as our real Specie; must; by the aforesaid Rule; when sunk; make all Things fall in such Proportion; unless our real Specie can be augmented in the Interim to prevent it; and this; I doubt not; but it certainly will; if the Way I have pointed out; be heartily and sufficiently persued。 11thly; The full and sufficient Execution of this Proposal; will enable the Government to reduce the national Debts; and ease the Taxes。 For as the Produce of the Earth; and Consumption thereof; will certainly be greatly encreased; which Things always go together; the Revenue must; I think; increase too; since the Malt Tax; Excise on Beer; Duty on Leather and Tallow; and whatever other Parts of the Produce are taxed; would evidently be as much augmented as the Produce and Consumption of these would be augmented; and if at the same time the Circumstances of the People will be generally amended; as I hope I have sufficiently made out; as they will thereby be better able to pay these and all other Taxes; so every thing being by the full and sufficient Execution of this Proposal made considerably cheaper; which will as certainly attend the Execution thereof; it's plain; the Government will be able to effect every thing with as much less Money as the Price of Labour and Goods of all Kinds will hence be reduced; and therefore will certainly have a Surplus of Revenue arising
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