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authority_n act_n law_n parliament_n 5,454 5 6.8345 4 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A46306 A journal of several remarkable passages, before the Honourable House of Commons, and the Right Honourable the Lords of Their Majesties Most Honourable Privy Council: relating to the East-India trade. England and Wales. Parliament.; England and Wales. Privy Council. 1693 (1693) Wing J1097AA; ESTC R212937 49,490 71

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trade_n the_o petitioner_n humble_o beg_v your_o majesty_n grace_n and_o favour_n to_o permit_v they_o to_o stand_v upon_o the_o law_n in_o the_o just_a defence_n of_o their_o right_n thereunto_o and_o though_o the_o respondent_n endeavour_v to_o justify_v under_o the_o prerogative_n the_o lawfulness_n of_o such_o a_o grant_n yet_o they_o have_v not_o quote_v any_o legal_a authority_n for_o it_o nor_o any_o practice_n more_o ancient_a than_o in_o the_o reign_n of_o queen_n elizabeth_n when_o the_o first_o east-india_n charter_n be_v grant_v which_o be_v only_o for_o fifteen_o year_n as_o be_v usual_a in_o case_n of_o a_o new_a invention_n but_o can_v give_v it_o no_o legal_a authority_n if_o it_o be_v in_o itself_o illegal_a see_v many_o thing_n former_o do_v of_o that_o kind_n have_v be_v afterward_o question_v and_o adjudge_v illegal_a in_o parliament_n but_o the_o petitioner_n be_v so_o well_o assure_v of_o your_o majesty_n justice_n that_o the_o example_n of_o none_o of_o your_o 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deny_v it_o but_o only_o to_o excuse_v themselves_o from_o the_o censure_n which_o they_o just_o deserve_v by_o cast_v a_o false_a and_o unjust_a imputation_n on_o your_o majesty_n as_o if_o your_o majesty_n and_o not_o they_o have_v occasion_v that_o complaint_n whereas_o the_o contrary_a be_v so_o notorious_o know_v that_o such_o their_o suggestion_n only_o serve_v to_o show_v your_o majesty_n the_o little_a regard_n they_o have_v either_o of_o their_o duty_n to_o your_o majesty_n or_o of_o the_o truth_n itself_o it_o be_v clear_o evident_a that_o the_o scarcity_n and_o dearness_n of_o east-india_n good_n be_v not_o proceed_v from_o your_o majesty_n grant_v they_o no_o great_a number_n of_o ship_n and_o man_n to_o go_v to_o the_o east-indies_n in_o the_o year_n 1689_o and_o 1690_o as_o they_o suggest_v but_o from_o their_o want_n of_o stock_n both_o at_o home_o and_o abroad_o and_o by_o engross_a their_o good_n which_o
prove_v that_o their_o unjust_a and_o unwarrantable_a action_n have_v be_v such_o as_o have_v tend_v to_o the_o scandal_n of_o our_o religion_n to_o the_o dishonour_n of_o the_o crown_n and_o nation_n the_o reproach_n of_o our_o law_n the_o oppression_n of_o the_o people_n and_o the_o loss_n of_o the_o trade_n itself_o for_o some_o of_o which_o they_o and_o their_o agent_n have_v be_v just_o censure_v in_o parliament_n but_o to_o follow_v the_o respondent_o in_o their_o own_o method_n as_o to_o the_o petition_n relate_v to_o the_o charter_n now_o lie_v before_o your_o majesty_n the_o petitioner_n in_o all_o humility_n reply_n that_o the_o respondent_o have_v endeavour_v to_o evade_v the_o main_a scope_n thereof_o which_o be_v not_o as_o they_o insinuate_v only_a to_o suspend_v the_o pass_v of_o the_o charter_n but_o that_o the_o petitioner_n right_o to_o the_o freedom_n of_o that_o trade_n may_v be_v determine_v by_o a_o due_a course_n of_o law_n in_o order_n to_o which_o the_o petitioner_n offer_v to_o join_v in_o a_o speedy_a trial_n which_o will_v settle_v this_o matter_n and_o the_o respondent_o avoid_v it_o plain_o argue_v their_o own_o conviction_n that_o the_o law_n be_v against_o they_o which_o make_v they_o decline_v that_o method_n of_o a_o legal_a determination_n by_o which_o the_o common_a right_n of_o all_o man_n be_v and_o aught_o to_o be_v decide_v and_o therefore_o endeavour_v to_o draw_v it_o into_o question_n before_o your_o majesty_n in_o council_n where_o they_o themselves_o know_v it_o can_v be_v determine_v but_o the_o petitioner_n in_o humble_a confidence_n of_o your_o majesty_n justice_n hope_v that_o your_o majesty_n will_v not_o deprive_v they_o and_o the_o rest_n of_o your_o majesty_n subject_n of_o their_o right_n thereunto_o for_o that_o the_o petitioner_n be_v advise_v that_o not_o only_o the_o execute_v such_o prohibitory_a power_n but_o even_o the_o very_a obtain_v they_o be_v criminal_a and_o punishable_a by_o law_n as_o to_o the_o first_o of_o the_o eight_o point_n insist_v on_o by_o the_o respondent_o viz._n the_o nature_n of_o the_o avoidance_n of_o their_o charter_n by_o act_n of_o parliament_n etc._n etc._n the_o petitioner_n humble_o reply_v that_o the_o desire_a charter_n be_v not_o so_o proper_o a_o restauration_n of_o the_o late_a company_n as_o a_o new_a creation_n and_o that_o a_o corporation_n when_o once_o void_a as_o in_o the_o present_a case_n can_v be_v restore_v by_o a_o charter_n of_o restauration_n but_o must_v be_v do_v either_o by_o a_o act_n of_o parliament_n or_o a_o charter_n of_o new_a creation_n and_o so_o be_v the_o scope_n of_o the_o grant_v now_o desire_v and_o as_o to_o the_o respondent_o pretence_n that_o the_o intention_n of_o the_o parliament_n be_v not_o to_o dissolve_v they_o it_o be_v most_o evident_a that_o the_o parliament_n do_v intend_v that_o their_o failure_n of_o payment_n at_o the_o day_n shall_v determine_v their_o charter_n for_o that_o the_o time_n of_o payment_n be_v make_v peremptory_a and_o penal_a by_o the_o word_n and_o meaning_n of_o the_o say_a act_n and_o no_o averrment_n in_o any_o case_n aught_o to_o be_v receive_v out_o of_o parliament_n to_o construe_v a_o act_n of_o parliament_n contrary_a to_o the_o express_a letter_n of_o it_o especial_o where_o the_o parliament_n who_o make_v the_o act_n be_v in_o be_v and_o like_a to_o be_v so_o soon_o assemble_v again_o but_o the_o industrious_a and_o eager_a application_n of_o the_o respondent_o for_o a_o charter_n to_o pass_v when_o the_o session_n be_v so_o very_o near_o plain_o show_v they_o be_v convince_v that_o the_o parliament_n have_v no_o such_o intention_n whatever_o they_o may_v pretend_v for_o the_o house_n of_o commons_o be_v so_o far_o from_o discover_v the_o least_o intention_n to_o continue_v they_o when_o they_o be_v a_o company_n much_o less_o to_o restore_v they_o now_o they_o be_v not_o that_o they_o have_v twice_o solemn_o address_v to_o his_o majesty_n to_o dissolve_v they_o and_o in_o the_o whole_a time_n that_o this_o matter_n be_v depend_v before_o they_o it_o be_v observable_a they_o do_v not_o make_v any_o the_o least_o step_n which_o tend_v to_o their_o continuance_n moreover_o the_o restless_a importunity_n of_o the_o respondent_o for_o a_o charter_n at_o this_o time_n be_v the_o more_o unseasonable_a in_o regard_v his_o majesty_n declare_v in_o his_o message_n to_o the_o house_n of_o commons_o the_o last_o session_n that_o the_o dissolve_v the_o late_a company_n and_o constitute_v a_o new_a one_o though_o necessary_a to_o preserve_v this_o trade_n can_v not_o be_v perfect_v by_o his_o own_o authority_n alone_o without_o the_o concurrence_n of_o the_o parliament_n to_o make_v it_o complear_a and_o useful_a and_o for_o that_o reason_n have_v command_v all_o the_o proceed_n in_o that_o matter_n to_o be_v lay_v before_o they_o his_o majesty_n refer_v it_o to_o their_o settlement_n who_o be_v prevent_v by_o the_o company_n great_a opposition_n address_v to_o the_o king_n the_o last_o session_n to_o determine_v the_o charter_n reserve_v the_o settlement_n of_o that_o trade_n to_o themselves_o as_o his_o majesty_n have_v gracious_o refer_v it_o and_o this_o zealous_a application_n of_o the_o respondent_o for_o a_o charter_n to_o pass_v so_o nigh_o the_o session_n can_v be_v no_o other_o than_o a_o design_n in_o they_o to_o take_v the_o settlement_n of_o that_o trade_n out_o of_o those_o very_a hand_n to_o which_o his_o majesty_n do_v so_o express_o commit_v it_o therefore_o it_o seem_v a_o great_a failure_n in_o the_o respondent_o of_o that_o duty_n they_o owe_v to_o your_o majesty_n to_o press_v so_o earnest_o the_o pass_v a_o charter_n in_o direct_a opposition_n to_o the_o declare_a sense_n and_o repeat_v desire_n of_o the_o commons_o in_o parliament_n so_o nigh_o the_o time_n of_o their_o meeting_n as_o to_o the_o respondent_o pretence_n of_o equity_n in_o case_n of_o penalty_n and_o forfeiture_n the_o petitioner_n humble_o reply_v that_o though_o there_o can_v be_v no_o equity_n against_o the_o penalty_n of_o a_o act_n of_o parliament_n yet_o the_o forfeit_a estate_n of_o the_o late_a company_n be_v now_o your_o majesty_n may_v be_v restore_v to_o they_o at_o your_o majesty_n pleasure_n without_o any_o such_o charter_n as_o be_v desire_v if_o your_o majesty_n shall_v think_v fit_a so_o far_o to_o remit_v the_o forfeiture_n which_o with_o humble_a submission_n be_v all_o the_o equity_n they_o can_v pretend_v to_o and_o if_o their_o estate_n be_v so_o valuable_a as_o they_o allege_v it_o be_v your_o majesty_n remit_v their_o forfeiture_n as_o to_o that_o will_v be_v so_o great_a a_o grace_n and_o bounty_n towards_o they_o that_o they_o will_v have_v no_o reason_n to_o urge_v the_o payment_n of_o their_o tax_n as_o a_o argument_n for_o a_o new_a charter_n or_o any_o way_n to_o regret_n the_o payment_n '_o thereof_o and_o because_o the_o respondent_o have_v endeavour_v to_o excuse_v their_o nonpayment_n allege_v the_o exchequer_n be_v shut_v and_o that_o their_o money_n be_v ready_a have_v the_o officer_n be_v there_o to_o receive_v it_o the_o petitioner_n can_v but_o observe_v that_o all_o their_o other_o allegation_n be_v make_v the_o less_o creditable_a by_o the_o insincerity_n of_o this_o for_o when_o this_o matter_n be_v refer_v by_o your_o majesty_n to_o be_v examine_v it_o do_v plain_o appear_v by_o the_o testimony_n of_o some_o of_o the_o principal_a officer_n in_o the_o receipt_n of_o your_o majesty_n exchequer_n take_v in_o the_o presence_n of_o several_a of_o the_o respondent_n themselves_o and_o afterward_o confirm_v by_o the_o affidavit_n of_o several_a of_o the_o under-officer_n now_o ready_a to_o be_v produce_v that_o the_o office-door_n be_v open_a on_o the_o 25_o of_o march_n last_o during_o the_o usual_a hour_n that_o the_o officer_n be_v attend_v in_o their_o place_n that_o public_a business_n be_v dispatch_v and_o that_o the_o respondent_o money_n will_v have_v be_v receive_v if_o it_o have_v be_v tender_v which_o misrepresentation_n of_o this_o matter_n to_o your_o majesty_n be_v a_o great_a presumption_n in_o the_o respondent_o beside_o their_o eager_a press_v for_o a_o new_a charter_n be_v a_o sufficient_a argument_n of_o their_o self-conviction_n that_o their_o money_n be_v neither_o pay_v nor_o tender_v at_o the_o time_n appoint_v and_o consequent_o that_o their_o charter_n be_v void_a as_o to_o the_o second_o allegation_n in_o the_o say_a answer_n wherein_o the_o respondent_n charge_v the_o petitioner_n to_o insist_v that_o such_o restitution_n and_o grant_v of_o the_o sole_a trade_n be_v against_o law_n and_o do_v assert_v the_o power_n of_o the_o prerogative_n in_o grant_v a_o sole_a trade_n to_o some_o with_o exclusion_n to_o other_o forasmuch_o as_o the_o respondent_n do_v urge_v the_o power_n of_o the_o prerogative_n to_o obstruct_v the_o petitioner_n in_o the_o exercise_n of_o their_o lawful_a
from_o some_o subject_n and_o to_o grant_v it_o to_o other_o exclusive_a of_o the_o rest_n will_v be_v of_o dangerous_a consequence_n to_o this_o kingdom_n have_v a_o direct_a tendency_n to_o incline_v future_a king_n to_o farm_n out_o all_o trade_n and_o so_o to_o raise_v money_n without_o the_o aid_n of_o a_o parliament_n and_o the_o assert_v the_o right_n of_o the_o subject_n be_v now_o the_o more_o requisite_a in_o as_o much_o as_o the_o omit_v it_o so_o long_o have_v be_v a_o grievance_n which_o call_v the_o loud_a for_o its_o present_a redress_n have_v already_o give_v way_n to_o a_o pretence_n of_o prescription_n which_o be_v also_o urge_v as_o a_o argument_n for_o the_o power_n of_o the_o crown_n to_o restrain_v this_o trade_n though_o it_o will_v as_o be_v humble_o suppose_v plain_o appear_v by_o what_o have_v be_v already_o observe_v as_o well_o as_o by_o these_o follow_a consideration_n that_o the_o crown_n have_v not_o the_o power_n of_o restrain_v foreign_a trade_n to_o some_o and_o exclude_v other_o without_o a_o act_n of_o parliament_n 1._o by_o the_o confirm_v the_o hudson_n bay_fw-mi company_n by_o act_n of_o parliament_n since_o their_o majesty_n accession_n to_o the_o crown_n which_o be_v a_o clear_a demonstration_n of_o the_o insufficiency_n of_o any_o charter_n to_o exclude_v the_o subject_n of_o england_n from_o foreign_a trade_n without_o a_o act_n of_o parliament_n and_o of_o this_o the_o east-india_n company_n be_v sufficient_o convince_v have_v petition_v this_o present_a house_n of_o commons_o for_o the_o like_a establishment_n whereby_o they_o themselves_o admit_v that_o the_o crown_n can_v not_o exclude_v from_o that_o trade_n without_o a_o act_n of_o parliament_n 2._o by_o the_o several_a judgement_n which_o have_v be_v give_v in_o westminster-hall_n since_o their_o majesty_n happy_a accession_n to_o the_o crown_n against_o the_o stop_a ship_n bind_v to_o the_o east-indies_n and_o against_o the_o seize_v of_o ship_n and_o good_n by_o colour_n of_o such_o exclude_v charter_n for_o trade_n to_o the_o east-indies_n and_o guiney_n within_o the_o limit_n of_o they_o thereby_o declare_v it_o lawful_a for_o the_o subject_n of_o england_n to_o trade_n into_o the_o east-indies_n and_o guinney_n notwithstanding_o those_o charter_n and_o without_o any_o particular_a licence_n from_o the_o king_n for_o so_o do_v 3._o by_o his_o majesty_n message_n send_v the_o house_n of_o commons_o the_o last_o session_n in_o answer_n to_o their_o address_n of_o the_o former_a session_n for_o dissolve_v the_o late_a company_n wherein_o it_o be_v declare_v that_o he_o can_v not_o settle_v it_o by_o his_o own_o authority_n alone_o and_o that_o the_o concurrence_n of_o the_o parliament_n be_v necessary_a to_o make_v a_o complete_a and_o useful_a settlement_n of_o this_o trade_n to_o conclude_v a_o short_a bill_n for_o the_o declare_v and_o assert_v the_o right_n of_o the_o subject_a to_o the_o freedom_n of_o foreign_a trade_n may_v be_v past_o speedy_o without_o obstruction_n to_o the_o other_o public_a affair_n and_o may_v be_v a_o mean_n to_o facilitate_v the_o establishment_n of_o a_o new_a company_n for_o the_o carry_v on_o this_o trade_n by_o a_o new_a national_a joint-stock_n to_o be_v raise_v by_o new_a subscription_n if_o the_o wisdom_n of_o the_o parliament_n shall_v think_v that_o the_o best_a method_n for_o the_o future_a carry_v on_o of_o this_o trade_n this_o will_v remove_v those_o difficulty_n and_o opposition_n which_o have_v hitherto_o prevent_v that_o settlement_n by_o make_v the_o opposite_a party_n concur_v in_o their_o endeavour_n to_o obtain_v it_o and_o will_v be_v a_o mean_n effectual_o to_o secure_v that_o trade_n from_o be_v lose_v until_o such_o a_o settlement_n of_o it_o can_v be_v make_v as_o the_o parliament_n shall_v judge_v most_o beneficial_a to_o this_o kingdom_n one_o great_a objection_n urge_v by_o the_o favourer_n of_o the_o company_n against_o such_o a_o freedom_n of_o trade_n be_v that_o it_o will_v spoil_v the_o trade_n which_o therefore_o deserve_v to_o be_v consider_v but_o it_o be_v very_o remarkable_a if_o they_o be_v ask_v how_o the_o trade_n will_v be_v spoil_v whither_o the_o trade_n will_v not_o be_v carry_v on_o our_o manufacture_n export_v and_o east-india_n good_n import_v they_o will_v allow_v all_o these_o will_v be_v do_v in_o a_o open_a trade_n but_o how_o then_o will_v the_o trade_n be_v spoil_v the_o answer_n be_v obvious_a just_a as_o it_o will_v spoil_v any_o other_o monopoly_n who_o have_v the_o sole_a buy_v and_o sole_a sell_v of_o any_o commodity_n if_o other_o be_v admit_v to_o sell_v the_o same_o they_o must_v be_v content_a to_o get_v less_o english_a good_n will_v be_v sell_v cheap_a there_o and_o east-india_n good_n will_v be_v sell_v cheap_a here_o and_o if_o this_o he_o the_o case_n as_o its_o plain_a it_o be_v such_o a_o freedom_n of_o trade_n will_v make_v the_o trade_n better_o for_o the_o public_a though_o it_o may_v be_v worse_o for_o those_o that_o drive_v it_o all_o which_o be_v humble_o submit_v to_o the_o honourable_a house_n of_o commons_o etc._n etc._n finis_fw-la