You know I’m reading a very old Book: American History told by Contemporaries Volume 1 Era of Colonization 1492-1689 by historian Albert Bushnell Hart back in 1897. It’s a collection excepts and complete accounts by people who actually lived and experienced events.
Considering the economic situation these days I found this particular package on Suggestions of Granting Lands written in 1665 by a surveyor named Thomas Woodard. He was hired by the proprietors of the “Province of Carolina” and he offered certain interesting advice about making things profitable, he starts by quoting Sir Francis Bacon’s essay of Plantation:
“…The principall thing that hath been the destruction of most Plantations hath bin the hastee drawing of Profit in the first yeares.”
And it is my Opinion, (which I submitt to better Judgements) that it will for some time conduce more to your Lordshipe Profit to permit men to take up what tracts of Land they please at an easie rate, then to stint them to small proportions at a great rent.
In less that 3 days taxes on Meals, sales, liquor etc will be going up 25% here in the state of Massachusetts. We will in a modern advanced and easy society yet ironically even 350 years ago people understood that crushing taxes might make a short terms difference while destroying you long term, but low taxes and fees encourage prosperity with crushing taxes.
New Hampshire is going to do very well over this, but I wish the president and the Governor would take a hint from history.
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