Document Reference: AP_42B-26
Source URL: https://www.isle-of-man.com/manxnotebook/history/ap/ap_42b26.htm
Filename: ap_42b26.htm
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Atholl Papers - AP_42B-26 - Supposed valuation of the Isle of Man, 1764
[From Atholl Papers - AP 42B-26]
Supposed valuation of the Isle of Man 1764
The present duties on imported commodities as appears from
the last 6 years accounts current amounts on an average to @ annum
£6337 0 0
Land revenues @ annum
1375 - -
Impropriate tythes
317 - -
Abbey lands
121 - -
8200 - -
Deduct £777 for expenses in collecting the duties and charges
of government and £101 a perpetual quit rent payable to Sir Mathew Lamb
and his heirs
878 - -
remains clear of all deductions
£7322 - -
Which being free of every tax or drawback its presumed that
40 years purchase will be thought a fair valuation and which will amount
to
292880 - -
Civil posts in the disposal of the Lord, with the Bishoprick
and other ecclesiastical preferments sallaries and perquisites at an average
amount @ annum about
3000 - -
which is supposed worth 14 years purchase and amounts to
42000 - -
valuation of the Sovereignty
30000 - -
NB its thought that next year an increased duty will be
obtained of double what the commodities are now rated at and that with an
entire approbation of the inhabitants no supplementation having been made
for upwards of 50 years, and the present duties being so low as a penny
a gallon on spirits and half a crown a hogshead on wine and everthing else
in proportion which would augment the income @ annum
6387 - -
which at 40 years purchase amounts to
255,480 - -
£620,360 - -
Any comments, errors or omissions gratefully received
The Editor
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© F.Coakley , 2004