General History of Connecticut From Its First Settlement Under George Fenwick

Cover General History of Connecticut From Its First Settlement Under George Fenwick
General History of Connecticut From Its First Settlement Under George Fenwick
Samuel Peters
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It con- sists of two lines : " But if men knaves and fools will be, " They'll be ass-ridden by all three. " 196 GENERAL HISTORY OF CONNECTICUT.
Revenue and Expenditure. — In 1680 the whole cor- poration were estimated to be worth 120, 000^. They had 30 small vessels, 26 churches, and, as above men- tioned, 20, 000 inhabitants. If their value had increased only in proportion with the inhabitants, who, as I have said, amounted to 200, 000 in 1770, the corporation would then have been worth no mor
...e than 1, 200, 000Z. , a sum not equal to IO5. Per acre, though in a great measure cultivated, and surrounded with stone walls which alone cost IO5. By the rod ; but in that year, viz. 1770, land sold in Connecticut from 4cl. To 50Z. Per acre ; their vessels, also, had increased to about 1200, and the churches — least in proportion — to about 300. The true method, therefore, of forming the valuation of Con- necticut in 1770, is not by calculating upon this State in 1680, but by estimating the number of its acres, ap- preciating them by purchases then made, and adding a due allowance for the stock, &e.

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