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<p> 18 August 1800 + <del>Not</del> <note> Note> <note>45</note> <lb/> <del>L</del> * <note> Annuity Notes<lb/><gap/> </note></p> <p>Grounds<lb/> 3 <hi rend="superscript">(a)</hi><lb/> Amount of monies<lb/> received as income<lb/> from the different<lb/> sources of income.</note> </p> <p> Note <!-- added in red ink  --> Note <hi rend="superscript">(a)</hi> to p.44</p> <p> <note>(a)</note> Of An <add> annual </add> amount of money, received in the shape of<lb/> income, and <hi rend="underline">capable
 
</hi> of being <sic>employ'd</sic> in the <lb/> purchase of the proposed paper, <del> may be</del> a conception<lb/> may be formed from <hi rend="superscript">[+]</hi> <note> [+] the <add> supposed</add> <gap/> of the several <add> component</add> branches of the National Income, as exhibited in the Income <gap/> </note> <del> the <add> <gap/> of </add> Income <gap/> </del> <b/> and printed in Mr Secretary Rose's Finance pamphlet<lb/> of 1799: to which are subjoined the amounts<lb/>of the same articles according to the estimate of<lb/> Dr Becke <hi rend="superscript">+</hi> <note> + Observations of the Income Tax : <del><gap/><del> 2<hi rend="superscript">d</hi> Edition 1800</note></p> <!-- the following table is laid out in three columns --> <!-- Heading for columns 2--> Official Estimate <!-- Heading for column 3 -->Dr Becker's Estimate.</p> Land Rents &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; 25,000,000 20,000,000<lb/> Farming Profits  &#x2014; &#x2014; &#x2014; &#x2014; 19,000,000 15,000,000<lb/> Tythes &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; 5,000,000 2,500,000<lb/> Mines Navigation &amp; Timber &#x2014; &#x2014; &#x2014; 3,000,000 5,000,000<lb/> Horses &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014;  6,000,000 10,000,000<lb/> Proportion for Scotland 5,000,000 4,000,000<lb/> Income from Possessions beyond Sea &#x2014;  5,000,000 4,000,000<lb/> Interest on Funds, deducting frugal)<lb/> property &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; ) 15,000,000 15,000,000<lb/> Foreign Trade &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; 12,000,000 8,000,000<lb/> Shipping &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; ...... 2,000,000<lb/> Home Trade &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; 18,000,000 18,000,000<lb/> Other Trade &#x2014; &#x2014; &#x2014; &#x2014; &#x2014;  10,000,000 <!-- blank space --> <lb/> Labour &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; &#x2014; ....... 11,000,000</p> <p> <note> <gap/> <gap/> <lb/> <gap/> the better adapted<lb/> to this purpose the<lb/> more regular the<lb/> receipts, and the<lb/> less frequent the <lb/> periods.</note></p> <p> Observations.  the more regular the receipt, and the <lb/> larger the masses received are in proportion to the total<lb/> income of the year, the better adapted they are to the<lb/> purpose of the proposed temporary <del>instrument</del> <add> employment</add>.  stock<lb/> Dividends <del> stand in</del> <add> occupy</add> the highest step <add> part</add> of the scale:<lb/> professional profits, where accumulation is out of <lb/> the case the lowest.  the weekly pay of a Labourer<lb/> would afford him no inducement to take out Annuity Note paper<lb/> in the <gap/> of issue, unless in case of hoarding: but in the way of circulation it would at least be upon <gap/> with cash</p> <p> <note> of same reason <lb/> as <gap/> the <lb/> moment is calculated</note</p> <p> The amount of the sums which, having been<lb/> received in the shape of <hi rend="underline">capital,</hi> are susceptible<lb/> of the proposed temporary employment, are altogether<lb/> unsusceptible of calculation.  In the course of the <lb/> year <del> it is probably much <gap/> to <gap/> of the sums</del> <add> is it greater or less than that of the sums<del><gap/> of</del> <lb/> received and kept for the purpose of <add> current</add> expenditure?</p>
 
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18 August 1800 + Not Note> <note>45
L * Annuity Notes

Grounds
3 (a)
Amount of monies
received as income
from the different
sources of income.</note>

Note Note (a) to p.44

(a) Of An annual amount of money, received in the shape of
income, and capable of being employ'd in the
purchase of the proposed paper, may be a conception
may be formed from [+] [+] the supposed of the several component branches of the National Income, as exhibited in the Income the of Income and printed in Mr Secretary Rose's Finance pamphlet
of 1799: to which are subjoined the amounts
of the same articles according to the estimate of
Dr Becke + + Observations of the Income Tax : 2d Edition 1800

Official Estimate Dr Becker's Estimate.

Land Rents — — — — — — 25,000,000 20,000,000
Farming Profits — — — — 19,000,000 15,000,000
Tythes — — — — — — — — 5,000,000 2,500,000
Mines Navigation & Timber — — — 3,000,000 5,000,000
Horses — — — — — — — — 6,000,000 10,000,000
Proportion for Scotland 5,000,000 4,000,000
Income from Possessions beyond Sea — 5,000,000 4,000,000
Interest on Funds, deducting frugal)
property — — — — — — — ) 15,000,000 15,000,000
Foreign Trade — — — — — — — 12,000,000 8,000,000
Shipping — — — — — — — — ...... 2,000,000
Home Trade — — — — — — 18,000,000 18,000,000
Other Trade — — — — — 10,000,000
Labour — — — — — — — ....... 11,000,000


the better adapted
to this purpose the
more regular the
receipts, and the
less frequent the
periods.

Observations. the more regular the receipt, and the
larger the masses received are in proportion to the total
income of the year, the better adapted they are to the
purpose of the proposed temporary instrument employment. stock
Dividends stand in occupy the highest step part of the scale:
professional profits, where accumulation is out of
the case the lowest. the weekly pay of a Labourer
would afford him no inducement to take out Annuity Note paper
in the of issue, unless in case of hoarding: but in the way of circulation it would at least be upon with cash

<note> of same reason
as the
moment is calculated</note

The amount of the sums which, having been
received in the shape of capital, are susceptible
of the proposed temporary employment, are altogether
unsusceptible of calculation. In the course of the
year it is probably much to of the sums is it greater or less than that of the sums of
received and kept for the purpose of <add> current
expenditure?

Metadata:JB/002/089/001

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