Selected quad for the lemma: authority_n

Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
authority_n act_n lord_n parliament_n 3,398 5 6.7706 4 true
View all documents for the selected quad

Text snippets containing the quad

ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A32833 A new discourse of trade wherein is recommended several weighty points relating to companies of merchants : the act of navigation, naturalization of strangers, and our woollen manufactures, the balance of trade, and the nature of plantations, and their consequences in relation to the kingdom, are seriously discussed and some proposals for erecting a court of merchants for determining controversies, relating to maritime affairs, and for a law for transferrance of bills of depts, are humbly offered / by Josiah Child. Child, Josiah, Sir, 1630-1699.; Culpeper, Thomas, Sir, 1578-1662. Small treatise against usury. 1693 (1693) Wing C3860; ESTC R5732 114,526 332

There are 4 snippets containing the selected quad. | View original text

do_v very_o much_o drain_v the_o ready_a money_n from_o all_o other_o part_n of_o the_o kingdom_n the_o second_o point_n i_o be_o to_o prove_v be_v that_o it_o will_v advance_v the_o rent_n of_o farm_n to_o prove_v that_o it_o do_v so_o in_o fact_n depend_v on_o memory_n and_o for_o my_o own_o part_n i_o and_o most_o other_o i_o converse_v with_o do_v perfect_o remember_v that_o rent_n do_v general_o rise_v after_o the_o late_a abatement_n of_o interest_n viz._n in_o the_o year_n 1651._o and_o 1652._o the_o reason_n why_o they_o do_v so_o be_v from_o the_o encouragement_n which_o that_o abatement_n of_o interest_n give_v to_o landlord_n and_o tenant_n to_o improve_v by_o draining_n marling_n lime_a etc._n etc._n excellent_o make_v out_o by_o the_o aforesaid_a two_o worthy_a author_n so_o that_o i_o do_v i_o think_v with_o good_a reason_n conclude_v that_o the_o present_a fall_n of_o rent_n be_v not_o natural_a but_o accidental_a and_o to_o be_v ascribe_v principal_o to_o the_o foregoing_a reason_n give_v for_o the_o present_a abatement_n of_o land_n in_o purchase_n and_o especial_o to_o the_o late_a improvement_n of_o ireland_n the_o three_o thing_n i_o be_o to_o prove_v be_v that_o the_o abatement_n of_o interest_n will_v increase_v the_o bulk_n of_o foreign_a trade_n which_o i_o do_v thus_o by_o evidence_n of_o fact_n it_o have_v be_v so_o in_o england_n the_o increase_n of_o our_o trade_n have_v always_o follow_v the_o abatement_n of_o our_o interest_n by_o law_n i_o say_v not_o precede_v but_o follow_v it_o and_o the_o cause_n do_v always_o go_v before_o the_o effect_n which_o i_o think_v i_o have_v evident_o demonstrate_v in_o my_o former_a treatise_n if_o any_o doubt_n of_o this_o and_o will_v be_v at_o the_o pain_n to_o examine_v the_o custom-house_n book_n they_o may_v soon_o be_v resolve_v 2._o by_o authority_n not_o only_o of_o that_o ancient_a gentleman_n sir_n thomas_n culpepper_n in_o his_o second_o treatise_n and_o therein_o of_o the_o judgement_n of_o the_o french_a king_n and_o court_n in_o a_o edict_n there_o recite_v but_o likewise_o of_o a_o parliament_n of_o england_n king_n lord_n &_o commons_o in_o the_o act_n for_o reduce_v it_o to_o 6_o per_fw-mi cent_z in_o the_o preamble_n whereof_o be_v these_o word_n viz._n forasmuch_o as_o the_o abatement_n of_o interest_n from_o 10_o in_o the_o hundred_o in_o former_a time_n have_v be_v find_v by_o notable_a experience_n beneficial_a to_o the_o advancement_n of_o trade_n and_o improvement_n of_o land_n by_o good_a husbandry_n with_o many_o other_o considerable_a advantage_n to_o this_o nation_n especial_o the_o reduce_n of_o it_o to_o a_o near_a proportion_n with_o foreign_a state_n with_o who_o we_o traffic_n and_o whereas_o in_o fresh_a memory_n the_o like_a fall_n from_o 8_o to_o 6_o in_o the_o hundred_o by_o a_o late_a constant_a practice_n have_v find_v the_o like_a success_n to_o the_o general_a contentment_n of_o this_o nation_n as_o be_v visible_a by_o several_a improvement_n etc._n etc._n 3._o by_o necessary_a consequence_n when_o interest_n be_v abate_v they_o who_o call_v in_o their_o money_n must_v either_o buy_v land_n or_o trade_n with_o it_o if_o they_o buy_v land_n the_o many_o buyer_n will_v raise_v the_o price_n of_o land_n if_o they_o trade_v they_o increase_v the_o number_n of_o trader_n and_o consequent_o the_o bulk_n of_o trade_n and_o let_v their_o money_n lie_v dead_a by_o they_o i_o think_v i_o have_v full_o prove_v they_o can_v in_o a_o addition_n publish_v to_o my_o first_o observation_n 4._o by_o reason_n for_o first_o whilst_o interest_n be_v at_o 6_o per_fw-mi cent_z no_o man_n will_v run_v a_o adventure_n to_o sea_n for_o the_o gain_n of_o 8_o or_o 9_o per_fw-mi cent_z which_o the_o dutch_a have_v money_n at_o 4_o or_o 3_o per_fw-la cent_z at_o interest_n be_v content_v with_o and_o therefore_o can_v and_o do_v follow_v a_o vast_a trade_n in_o salt_n from_o st_n vuall_a rochel_n and_o other_o part_n to_o the_o baltique_a sea_n and_o also_o their_o fish_n trade_n for_o herring_n and_o whale-fishing_a which_o we_o neglect_v as_o be_v not_o worth_a our_o trouble_n and_o hazard_n while_o we_o can_v make_v 6_o per_fw-mi cent_z of_o our_o money_n sleep_v for_o the_o measure_n of_o money_n employ_v in_o trade_n in_o any_o nation_n bear_v a_o exact_a proportion_n to_o th●_n interest_n pay_v for_o money_n as_o for_o instance_n when_o money_n be_v at_o 10_o per_fw-mi cent_z in_o england_n no_o man_n in_o his_o wit_n will_v follow_v any_o trade_n whereby_o he_o do_v not_o promise_v himself_o 14_o or_o 12_o per_fw-la cent_z gain_n at_o least_o when_o interest_n be_v at_o 8_o the_o hope_n of_o 12_o or_o 10_o at_o least_o be_v necessary_a as_o 8_o or_o 9_o per_fw-mi cent_z be_v now_o interest_n go_v at_o 6_o per_fw-mi cent_z the_o infallible_a consequence_n whereof_o be_v that_o the_o trade_n before_o recite_v as_o well_o as_o those_o of_o muscovy_n and_o greenland_n and_o so_o much_o at_o least_o of_o all_o other_o that_o will_v not_o afford_v we_o a_o clear_a profit_n of_o 8_o or_o 9_o per_fw-mi cent_z we_o careless_o give_v away_o to_o the_o dutch_a and_o must_v do_v so_o forever_o unless_o we_o bring_v our_o interest_n near_o to_o a_o par_fw-fr with_o they_o and_o hence_o in_o my_o poor_a opinion_n it_o follow_v very_o clear_o that_o if_o our_o interest_n be_v abate_v one_o three_o part_n it_o will_v occasion_v the_o employment_n of_o one_o three_o part_n more_o of_o man_n shp_v and_o stock_n in_o foreign_a and_o domestic_a trade_n this_o discover_v the_o vanity_n of_o all_o our_o attempt_n for_o gain_v of_o the_o white-herring_n fishing-trade_n of_o which_o the_o dutch_a as_o every_o body_n observe_v make_v wonderful_a great_a advantage_n though_o the_o fish_n be_v take_v upon_o our_o own_o coast_n i_o wish_v as_o many_o do_v take_v notice_n of_o the_o reason_n of_o it_o which_o therefore_o i_o shall_v say_v something_o of_o now_o though_o i_o have_v touch_v it_o in_o my_o former_a treatise_n the_o plain_a case_n be_v this_o a_o dutchman_n will_v be_v content_a to_o employ_v a_o stock_n of_o 5_o or_o 10000_o l._n in_o burse_v material_n for_o fish_v victual_n etc._n etc._n for_o the_o carry_v on_o of_o this_o trade_n and_o if_o at_o the_o wind_a up_o of_o his_o account_n he_o find_v he_o have_v get_v clear_a communibus_fw-la annis_fw-la for_o his_o stock_n and_o adventure_n 5_o per_fw-mi cent_z per_fw-la annum_fw-la he_o thank_v god_n and_o tell_v his_o neighbour_n he_o have_v have_v a_o thrive_a trade_n now_o while_o every_o slothful_a ignorant_a man_n with_o we_o that_o have_v but_o wit_n enough_o to_o tell_v out_o his_o money_n to_o a_o gold_n smith_n can_v get_v 6_o per_fw-mi cent_z without_o pain_n or_o care_n be_v it_o not_o monstrous_a absurd_a to_o imagine_v that_o ever_o the_o english_a will_v do_v any_o good_a upon_o this_o trade_n till_o they_o begin_v at_o the_o right_a end_n which_o must_v be_v to_o reduce_v the_o interest_n of_o money_n second_o the_o deprave_a nature_n of_o man_n affect_v ease_n and_o pleasure_n while_o use_n of_o money_n run_v at_o 6_o per_fw-mi cent_z have_v always_o at_o hand_n a_o easy_a expedient_a to_o indulge_v that_o humour_n and_o reconcile_v it_o to_o another_o as_o considerable_a viz._n his_o covetousness_n by_o put_v his_o money_n to_o use_v and_o if_o a_o merchant_n through_o his_o youthful_a care_n and_o industry_n arrive_v to_o a_o estate_n of_o 20000_o l._n in_o twenty_o year_n trade_v whilst_o money_n be_v so_o high_a and_o land_n so_o low_a he_o can_v easy_o turn_v country_n gentleman_n or_o usurer_n which_o be_v interest_n of_o money_n at_o 4_o p●r_n cent_z he_o can_v not_o do_v and_o consequent_o must_v not_o only_o follow_v his_o trade_n himself_o but_o make_v his_o child_n trader_n also_o for_o to_o leave_v they_o money_n without_o skill_n to_o use_v it_o will_v advantage_v little_a and_o purchase_v of_o land_n less_o when_o the_o fall_n of_o interest_n shall_v raise_v they_o to_o twenty_o or_o thi●ty_o year_n purchase_v which_o i_o hope_v yet_o to_o live_v to_o see_v three_o from_o this_o necessity_n of_o merchant_n keep_v to_o their_o trade_n and_o child_n succeed_a their_o father_n therein_o will_v ensue_v to_o merchant_n great_a skill_n in_o trade_n more_o exact_a and_o certain_a correspondency_n sure_a &_o more_o trusty_a factor_n abroad_o &_o those_o better_o acquaint_v &_o concatinate_v together_o by_o the_o experimental_a link_n of_o each_o other_o humour_n style_n estate_n and_o business_n and_o whereas_o it_o be_v as_o much_o as_o a_o prudent_a man_n can_v do_v in_o ten_o year_n time_n after_o his_o settle_n in_o london_n to_o be_v exact_o well_o fit_v with_o factor_n in_o all_o part_n and_o those_o by_o correspondency_n bring_v into_o a_o mutual_a acquaintance_n of_o each_o other_o and_o honest_a workman_n
as_o the_o king_n and_o parliament_n shall_v devise_v beside_o the_o green_a staff_n which_o be_v now_o use_v in_o london_n to_o such_o like_a purpose_n but_o upon_o extraordinary_a day_n only_o to_o denote_v their_o authority_n and_o office_n at_o all_o time_n and_o in_o all_o place_n after_o the_o manner_n of_o the_o habit_n in_o spain_n or_o rather_o as_o have_v all_o the_o familiar_n of_o the_o inquisition_n in_o most_o romish_a country_n with_o admirable_a effect_n though_o to_o a_o wicked_a purpose_n the_o consequence_n whereof_o will_v be_v that_o the_o say_v father_n of_o the_o poor_a be_v numerous_a and_o dispe●st_a b●_n their_o habitation_n and_o business_n into_o most_o part_n of_o their_o province_n will_v ready_o see_v any_o neglect_n of_o officer_n and_o as_o easy_o redress_v they_o the_o meddal_n which_o they_o wear_v about_o they_o be_v a_o sufficient_a warrant_n to_o command_v obedience_n from_o all_o parish_n officer_n wherever_o they_o come_v although_o their_o person_n be_v not_o know_v there_o 13._o that_o the_o say_a father_n of_o the_o poor_a may_v have_v liberty_n to_o admit_v into_o their_o society_n and_o all_o power_n and_o privilege_n equal_a with_o they_o any_o person_n that_o be_v willing_a to_o serve_v god_n their_o king_n and_o country_n in_o this_o pious_a and_o public_a work_n the_o person_n desire_v to_o be_v so_o admit_v pay_v at_o their_o admission_n 100_o l._n or_o more_o into_o the_o poor_n treasury_n as_o a_o demonstration_n of_o the_o sincerity_n of_o their_o intention_n to_o labour_n in_o and_o cultivate_v this_o most_o religious_a vineyard_n this_o i_o only_o offer_v because_o the_o number_n of_o the_o say_a father_n of_o the_o poor_a hereafter_o mention_v may_v be_v think_v rather_o too_o few_o then_o too_o many_o 14._o that_o the_o say_a father_n of_o the_o poor_a beside_o the_o authority_n now_o exercise_v by_o justice_n of_o the_o peace_n may_v have_v some_o less_o limit_v power_n give_v they_o in_o relation_n to_o the_o punishment_n of_o their_o own_o and_o parish_n officer_n by_o pecuniary_a mulct_n for_o the_o poor_n benefit_n in_o case_n of_o neglect_n and_o otherwise_o as_o his_o majesty_n and_o the_o parliament_n shall_v think_v fit_a 15._o that_o the_o say_a father_n of_o the_o poor_a may_v have_v freedom_n to_o set_v the_o poor_a on_o work_n about_o whatsoever_o manufacture_n they_o think_v fit_a with_o a_o non_fw-la obstante_fw-la to_o all_o patent_n that_o have_v be_v or_o shall_v be_v grant_v to_o any_o private_a person_n or_o person_n for_o the_o sole_a manufacture_n of_o any_o commodity_n the_o want_n of_o which_o privilege_n i_o have_v be_v tell_v be_v a_o prejudice_n to_o the_o workhouse_n at_o clerkenwell_n in_o their_o late_a design_n of_o set_v their_o poor_a child_n about_o make_v of_o hang_n 16._o that_o all_o vacancy_n by_o reason_n of_o death_n of_o any_o of_o the_o say_a father_n of_o the_o poor_a be_v perpetual_o supply_v by_o election_n of_o the_o survivor_n quest._n 4._o the_o four_o question_n be_v who_o shall_v be_v the_o person_n entrust_v with_o so_o great_a a_o work_n and_o such_o excess_n of_o power_n this_o be_v a_o question_n likewise_o of_o some_o difficulty_n and_o the_o more_o in_o regard_n of_o our_o present_a difference_n in_o religion_n but_o i_o shall_v answer_v it_o as_o well_o as_o i_o can_v in_o general_n i_o say_v they_o must_v be_v such_o as_o the_o people_n must_v have_v ample_a satisfaction_n in_o or_o else_o the_o whole_a design_n will_v be_v lose_v for_o if_o the_o universality_n of_o the_o people_n be_v not_o satisfy_v with_o the_o person_n they_o will_v never_o part_v with_o their_o money_n but_o if_o they_o be_v well_o satisfy_v therein_o they_o will_v be_v miraculous_o charitable_a quest._n 5._o this_o beget_v a_o five_o question_n viz._n what_o sort_n of_o man_n the_o people_n will_v be_v most_o satisfy_v in_o i_o answer_v i_o think_v in_o none_o so_o well_o as_o such_o only_a as_o a_o common_a hall_n of_o the_o livery-man_n of_o london_n shall_v make_v choice_n of_o it_o be_v evident_a by_o the_o experience_n of_o many_o age_n that_o the_o several_a corporation_n in_o london_n be_v the_o best_a administrator_n of_o what_o be_v leave_v to_o charitable_a use_v that_o have_v ever_o be_v in_o this_o kingdom_n which_o be_v manifest_a in_o the_o regular_a just_a and_o prudent_a management_n of_o the_o hospital_n of_o london_n and_o be_v wise_o observe_v by_o doctor_n collet_n dean_n of_o st_n paul_n that_o prudent_a ecclesiastic_a when_o he_o leave_v the_o government_n of_o that_o school_n and_o other_o great_a revenue_n assign_v by_o he_o for_o charitable_a uses_n unto_o the_o disposition_n of_o the_o mercer_n company_n object_n but_o here_o it_o may_v be_v object_v that_o country-gentleman_n who_o have_v power_n in_o place_n of_o their_o residence_n and_o pay_v out_o of_o their_o large_a estate_n considerable_a sum_n towards_o the_o maintenance_n of_o their_o poor_a within_o the_o afore-limited_n precinct_n may_v be_v ju●●ly_o offend_v if_o they_o likewise_o have_v not_o a_o share_n in_o the_o distribution_n of_o what_o shall_v be_v raise_v to_o that_o purpose_n answ._n i_o answer_v the_o force_n of_o this_o objection_n may_v be_v much_o take_v off_o if_o the_o city_n be_v oblige_v to_o choose_v but_o a_o certain_a number_n out_o of_o the_o city_n as_o suppose_v seventy_o for_o london_n ten_o out_o of_o southwark_n for_o that_o burrow_n twenty_o for_o westminster_n this_o will_v best_a satisfy_v the_o people_n &_o i_o think_v do_v the_o work_n but_o if_o it_o be_v think_v too_o much_o for_o the_o city_n to_o have_v the_o choice_n of_o any_o more_o than_o thei●_n own_o seventy_o the_o justice_n of_o peace_n in_o their_o quarter-session_n may_v nominate_v and_o appoint_v their_o own_o number_n of_o person_n to_o assist_v for_o their_o respective_a jurisdiction_n and_o so_o to_o supply_v the_o vacancy_n in_o case_n of_o death_n etc._n etc._n but_o all_o must_v be_v conjunctive_a but_o one_o body_n politic_a or_o the_o work_n will_v never_o be_v do_v quest._n 6._o the_o six_o question_n be_v what_o will_v be_v the_o advantage_n to_o the_o kingdom_n in_o general_n and_o to_o the_o poor_a in_o particular_a that_o will_v accrue_v by_o such_o a_o society_n of_o man_n more_o than_o be_v enjoy_v by_o the_o law_n at_o present_a i_o answer_v innumerable_a and_o unspeakable_a be_v the_o benefit_n to_o this_o kingdom_n that_o will_v arise_v from_o the_o consultation_n and_o debate_n of_o such_o a_o wise_a and_o honest_a council_n who_o be_v man_n so_o elect_v as_o aforesaid_a will_v certain_o conscionable_o study_v and_o labour_n to_o discharge_v their_o trust_n in_o this_o service_n of_o god_n their_o king_n and_o country_n one_a the_o poor_a of_o what_o quality_n soever_o as_o soon_o as_o they_o be_v m●t_v with_o will_v be_v immediate_o relieve_v or_o set_v on_o work_n where_o they_o be_v find_v without_o hurry_v they_o from_o place_n to_o place_n and_o torture_v their_o body_n to_o no_o purpose_n 2._o charitable-minded-man_n will_v know_v certain_o where_o to_o dispose_v of_o their_o charity_n so_o as_o it_o may_v be_v employ_v to_o right_a purpose_n 3._o housekeeper_n will_v be_v free_v from_o the_o intolerable_a encumbrance_n of_o ●_z at_o their_o door_n 4._o the_o plantation_n will_v be_v regular_o supply_v with_o servant_n and_o those_o that_o be_v sen●_n thither_o well_o provide_v for_o 5._o the_o say_a assembly_n will_v doubtless_o appoint_v some_o of_o their_o own_o member_n to_o visit_v and_o relieve_v such_o as_o be_v sick_a as_o often_o as_o there_o shall_v be_v occasion_n together_o with_o poor_a labour_a family_n both_o in_o city_n and_o suburb_n 6._o poor_a child_n will_v be_v instruct_v in_o learning_n and_o art_n and_o thereby_o render_v serviceable_a to_o their_o country_n and_o many_o other_o worthy_a act_n do_v for_o public_a good_a by_o the_o joint_a delibaration_n of_o so_o many_o prudent_a and_o pious_a man_n assist_v with_o such_o a_o power_n and_o purse_n more_o than_o can_v be_v fore-seen_a or_o express_v by_o a_o private_a person_n quest_n 7._o the_o seven_o question_n may_v be_v what_o shall_v all_o the_o ●oor_a of_o these_o city_n and_o country_n be_v very_o numerous_a be_v ●mployed_v about_o this_o question_n will_v be_v answer_v be●t_n by_o the_o say_a assembly_n themselves_o when_o they_o have_v meet_v and_o consult_v together_o who_o can_v be_v presume_v defficient_a of_o invention_n to_o set_v all_o the_o poor_a on_o work_n especial_o since_o they_o may_v easy_o have_v admirable_a precedent_n from_o the_o practice_n of_o holland_n in_o this_o particular_a and_o have_v already_o very_o good_a one_o of_o their_o own_o in_o the_o order_n of_o their_o hospital_n of_o christ-church_n and_o bridewell_n in_o london_n the_o girl_n may_v he_o employ_v in_o mend_v the_o clothes_n of_o of_o the_o age_a in_o spin_v card_v and_o
bag_n when_o the_o plaintiff_n and_o defendant_n have_v tire_v their_o body_n distract_v their_o mind_n and_o consume_v their_o estate_n the_o cause_n if_o ever_o it_o be_v end_v be_v common_o by_o order_n of_o that_o court_n refer_v to_o merchant_n end_v miserable_o where_o it_o may_v have_v have_v at_o first_o a_o happy_a issue_n if_o it_o have_v begin_v right_o from_o whence_o follow_v these_o national_a inconvenience_n 1._o it_o be_v a_o vaest_a expense_n to_o the_o person_n concern_v 2._o it_o take_v off_o man_n from_o follow_v their_o calling_n to_o the_o public_a loss_n as_o well_o as_o the_o particular_a damage_n of_o the_o concern_v that_o time_n be_v lose_v to_o the_o nation_n that_o be_v spend_v in_o law-suit_n 3._o it_o make_v man_n after_o they_o have_v once_o attain_v indifferent_a estate_n to_o leave_v trading_n and_o for_o ease_n to_o turn_v country-gentlemen_a whereas_o great_a and_o experience_a man_n be_v the_o only_a person_n that_o must_v mate_v the_o dutch_a in_o trade_n if_o ever_o we_o do_v it_o 4._o it_o be_v my_o opinion_n a_o great_a cause_n of_o the_o prodigality_n idleness_n and_o injustice_n of_o many_o of_o our_o master_n of_o ship_n in_o england_n and_o consequent_o a_o wonderful_a bar_n to_o the_o growth_n of_o our_o english_a navigation_n who_o know_v that_o their_o owner_n can_v legal_o eject_v they_o especial_o if_o the_o master_n have_v a_o part_n of_o the_o ship_n himself_o but_o that_o remedy_n to_o the_o owner_n will_v be_v worse_o than_o the_o disease_n which_o occasion_n master_n to_o presume_v to_o do_v those_o thing_n and_o be_v guilty_a of_o such_o neglect_v as_o natural_o they_o will_v not_o if_o they_o stand_v more_o upon_o their_o good_a behaviour_n i_o can_v say_v much_o more_o of_o the_o damage_n this_o nation_n sustain_v by_o the_o want_n of_o a_o law-merchant_n but_o that_o be_v so_o evident_a to_o all_o man_n experience_n that_o i_o shall_v not_o long_o insist_v upon_o it_o but_o proceed_v humble_o to_o propose_v some_o particular_n which_o be_v due_o consider_v may_v peradventure_o by_o wise_a head_n be_v improve_v towards_o the_o cure_n of_o this_o evil_a viz._n 1._o that_o it_o be_v enact_v that_o there_o shall_v be_v erect_v within_o the_o city_n of_o london_n a_o stand_a court-merchant_n to_o consist_v of_o twelve_o able_a merchant_n such_o as_o shall_v be_v choose_v by_o the_o livery_n man_n of_o the_o say_a city_n in_o their_o common_a hall_n at_o the_o time_n and_o in_o the_o manner_n herein_o after_o limit_v and_o appoint_v 2._o that_o the_o say_v twelve_o person_n so_o to_o be_v elect_v or_o any_o three_o or_o more_o of_o they_o sit_v at_o the_o same_o time_n and_o place_n and_o not_o otherwise_o shall_v be_v account_v judiciary_n merchant_n and_o authorize_v to_o hear_v and_o determine_v all_o difference_n and_o demand_n whatsoever_o which_o have_v arisen_a and_o be_v not_o hitherto_o determine_v or_o may_v any_o way_n arise_v between_o merchant_n tradesman_n artificer_n master_n and_o owner_n of_o ship_n seaman_n boat-man_n and_o freighter_n of_o ship_n or_o any_o other_o person_n have_v relation_n to_o merchandize_v trade_n or_o ship_n for_o or_o concern_v any_o account_n or_o account_n of_o merchant_n freight_n of_o ship_n or_o good_n bill_n or_o bill_n of_o exchange_n or_o bill_n of_o bottomry_n or_o bumery_n or_o for_o work_n do_v upon_o or_o material_n deliver_v to_o the_o use_n of_o any_o ship_n or_o money_n due_a for_o sale_n of_o good_n or_o any_o other_o thing_n relate_v to_o trade_n or_o ship_n 3._o that_o any_o three_o or_o more_o of_o they_o as_o the_o judge_n late_o do_v at_o clifford_n inn_n may_v proceed_v sumary_o to_o the_o hear_n and_o determine_v of_o any_o such_o difference_n and_o that_o their_o sentence_n shall_v be_v final_a from_o which_o there_o shall_v be_v no_o appeal_n or_o review_n otherwise_o then_o as_o be_v hereafter_o mention_v nor_o any_o writ_n of_o error_n lie_v for_o the_o removal_n or_o reversal_a of_o the_o same_o 4._o that_o they_o or_o any_o three_o of_o they_o may_v so_o issue_v ou●_n summon_v for_o ●●●●vening_n all_o person_n before_o they_o a●_n the_o judge_n do_v etc._n etc._n 5._o that_o they_o be_v a_o co●●e_n of_o record_n a●_n the_o judge_n be_v etc._n etc._n 6._o that_o they_o take_v ●othing_v for_o their_o own_o pain_n direct_o or_o indirect_o bu●_n six_o pe●ce_n each_o for_o sign_v every_o final_a order_n in_o every_o cause_n whereof_o the_o value_n of_o the_o money_n to_o be_v pay_v do_v not_o exceed_v 10_o l._n and_o 12_o d._n for_o all_o cause_n not_o exceed_v 100_o l._n and_o only_o 2_o s._n each_o for_o all_o cause_n exceed_v the_o value_n of_o 100_o l._n the_o say_v fee_n to_o be_v due_a and_o payable_a only_o to_o such_o and_o so_o many_o of_o the_o say_a judiciary_n merchant_n as_o hear_v the_o say_a cause_n and_o cause_n and_o sign_v the_o judgement_n or_o final_a decree_n in_o they_o 7._o that_o for_o reward_n to_o officer_n the_o judiciary_n merchant_n do_v constitute_v a_o table_n of_o reasonable_a fee_n to_o be_v confirm_v by_o the_o two_o lord_n cheif-justice_n and_o lord_n chief_a baron_n of_o the_o exchequer_n 8._o tha●_n in_o any_o case_n determine_v by_o a_o less_o number_n than_o seven_o of_o the_o say_a judiciary_n merchant_n there_o may_v be_v a_o appeal_n to_o seven_o or_o more_o as_o be_v late_o practise_v in_o the_o aforementioned_a judicature_n 9_o that_o they_o may_v have_v power_n to_o levy_v execution_n upon_o estate_n real_a or_o personal_a with_o such_o restriction_n as_o the_o parliament_n shall_v please_v to_o appoint_v 10._o that_o the_o extent_n of_o the_o jurisdiction_n of_o the_o say_a court_n shall_v be_v to_o all_o place_n within_o ten_o mile_n of_o london_n or_o only_o to_o the_o late_a line_n of_o communication_n as_o the_o parliament_n shall_v think_v fit_a 11._o that_o the_o say_a judiciary_n merchant_n and_o their_o officer_n before_o they_o exercise_v their_o authority_n take_v such_o oath_n as_o the_o parliament_n shall_v please_v to_o appoint_v 12._o that_o if_o any_o of_o the_o judiciary_n merchant_n be_v prosecute_v for_o exercise_v any_o of_o the_o power_n that_o shall_v be_v commit_v to_o they_o they_o may_v plead_v the_o general_a issue_n and_o give_v the_o act_n in_o evidence_n for_o their_o defence_n 13._o that_o no_o writ_n or_o writ_n of●●persedeas_fw-la ●●persedeas_z certiorary_a or_o injunction_n out_o of_o any_o of_o his_o majesty_n court_n shall_v supercee_v or_o stay_v execution_n etc._n etc._n 14._o the_o act_n to_o continue_v probationary_o so_o long_o as_o the_o parliament_n shall_v think_v fit_a 15._o that_o the_o twelve_o 〈◊〉_d merchant_n shall_v be_v choose_v yearly_o by_o 〈◊〉_d the_o freeman_n that_o be_v livery-man_n of_o london_n in_o the_o guild-hall_n of_o the_o say_a city_n o●_n by_o so_o many_o of_o they_o as_o shall_v be_v present_a at_o such_o election_n upon_o every_o monday_n yearly_o next_o before_o the_o feast_n day_n of_o st_n michael_n or_o as_o the_o parliament_n shall_v appoint_v in_o manner_n follow_v every_o livery-man_n then_o present_a to_o deliver_v unto_o any_o two_o such_o alderman_n and_o four_o commoner_n as_o the_o lord_n mayor_n and_o court_n of_o alderman_n for_o the_o time_n be_v shall_v appoint_v to_o take_v the_o 〈◊〉_d or_o scrutiny_n of_o election_n a_o paper_n contain_v the_o name_n of_o such_o twelve_o person_n as_o he_o think_v best_a to_o be_v elect_v for_o the_o purpose_n aforesaid_a set_v his_o the_o say_a elector_n own_o name_n on_o the_o backside_n of_o the_o say_a paper_n and_o the_o next_o monday_n after_o in_o the_o say_a guild-hall_n the_o say_v two_o alderman_n and_o four_o commoner_n or_o so_o many_o of_o they_o as_o shall_v have_v take_v the_o scrutin●y_n shall_v public_o declare_v unto_o the_o lord_n mayor_n aldermen_z and_z commoners_z then_o present_a who_o be_v the_o twelve_o person_n choose_v by_o the_o majority_n of_o vote_n and_o how_o many_o vote_n each_o of_o they_o have_v 16._o if_o it_o happen_v that_o any_o of_o the_o judiciary_n merchant_n die_v before_o the_o end_n of_o the_o year_n or_o refuse_v to_o undertake_v the_o trust_n it_o be_v lawful_a for_o the_o livery-man_n to_o choose_v another_o or_o other_o toties_fw-la quoties_fw-la and_o the_o lord_n mayor_n be_v enjoin_v to_o summon_v common-hall_n to_o that_o purpose_n 17._o that_o every_o year_n six_o of_o the_o old_a judiciary_n merchant_n go_v off_o in_o course_n and_o be_v uncapable_a of_o be_v re-elected_n and_o six_o now_o one_o choose_v in_o their_o stead_n viz._n all_o the_o twelve_o to_o be_v re-chosen_a but_o only_o six_o of_o the_o old_a one_o that_o have_v the_o most_o voice_n to_o hold_v next_o year_n although_o more_o of_o they_o shall_v happen_v to_o be_v elect_v for_o the_o next_o year_n object_n 1._o the_o many_o objection_n that_o i_o can_v foresee_v will_v be_v
poor_a condition_n the_o reason_n whereof_o to_o i_o seem_v clear_o to_o be_v because_o a_o great_a part_n of_o the_o stock_n employ_v in_o the_o aforesaid_a great_a trade_n be_v take_v up_o at_o interest_n and_o consequent_o own_v by_o londoner_n and_o other_o absentee_n and_o though_o it_o may_v be_v hope_v that_o this_o be_v not_o yet_o the_o case_n of_o england_n yet_o it_o be_v a_o demonstration_n that_o the_o notion_n of_o take_v the_o balance_n this_o way_n be_v not_o absolute_o and_o in_o all_o place_n and_o under_o all_o circumstance_n without_o exception_n true_a &_o good_a for_o in_o case_n the_o trade_n of_o england_n shall_v be_v carry_v on_o by_o absentees_n than_o the_o supposition_n upon_o which_o this_o notion_n be_v ground_v viz._n that_o when_o the_o export_n over_o balance_n the_o import_v the_o surplusage_n be_v return_v into_o england_n in_o bulloin_n will_v prove_v a_o mistake_n and_o the_o contrary_n will_v be_v true_a viz._n that_o the_o surplusage_n will_v be_v convey_v into_o foreign_a part_n to_o the_o place_n of_o the_o residence_n of_o such_o absentee_n 2._o the_o second_o thing_n i_o be_o to_o illustrate_v be_v that_o this_o rule_n bare_o consider_v be_v fallible_a and_o erroneous_a as_o to_o particular_a and_o distinct_a trade_n this_o will_v appear_v if_o it_o be_v consider_v that_o a_o true_a measure_n of_o any_o particular_a trade_n as_o to_o the_o profit_n or_o loss_n of_o the_o nation_n thereby_o can_v be_v take_v by_o the_o consideration_n of_o such_o trade_n in_o itself_o single_o but_o as_o it_o stand_v in_o reference_n and_o be_v subservient_fw-fr to_o the_o general_a trade_n of_o the_o kingdom_n for_o it_o may_v so_o fall_v out_o that_o there_o may_v be_v some_o place_n to_o which_o little_a of_o our_o english_a manufacture_n be_v export_v and_o yet_o the_o commodity_n we_o have_v from_o thence_o may_v be_v so_o necessary_a to_o the_o carry_v on_o our_o trade_n in_o general_n or_o some_o other_o particular_a trade_n that_o without_o they_o the_o nation_n will_v great_o decline_v and_o decay_v in_o trade_n now_o in_o this_o case_n if_o we_o shall_v measure_v such_o a_o particular_a trade_n by_o the_o aforesaid_a notion_n of_o the_o balance_n we_o shall_v find_v the_o import_v abundant_o exceed_v the_o export_n and_o so_o be_v ready_a to_o conclude_v against_o such_o a_o trade_n as_o destructive_a whereas_o notwithstanding_o it_o may_v in_o truth_n be_v a_o very_a necessary_a beneficial_a trade_n and_o to_o the_o very_a great_a advantage_n of_o the_o nation_n as_o for_o instance_n the_o trade_n of_o denmark_n and_o norway_n the_o import_v from_o whence_o be_v certain_o many_o time_n the_o value_n of_o our_o native_a commodity_n export_v thither_o and_o yet_o it_o can_v be_v deny_v but_o that_o trade_n be_v advantageous_a to_o the_o kingdom_n not_o only_o because_o it_o give_v or_o will_v give_v employment_n to_o two_o hundred_o or_o three_o hundred_o sail_n of_o english_a ship_n if_o we_o do_v a_o little_a mend_v our_o act_n of_o navigation_n but_o principal_o because_o the_o commodity_n import_v from_o thence_o as_o timber_n pitch_n deal_v and_o tar_n be_v of_o such_o necessary_a use_n in_o order_n to_o the_o building_n and_o supply_v our_o ship_n that_o without_o they_o other_o trade_n can_v not_o be_v carry_v on_o it_o will_v not_o be_v deny_v by_o the_o honourable_a east-india_n company_n but_o they_o import_v much_o more_o good_n into_o england_n than_o they_o export_v &_o that_o to_o purchase_v the_o same_o they_o carry_v out_o quantity_n of_o gold_n &_o silver_n annual_o yet_o no_o man_n that_o understand_v any_o thing_n of_o the_o trade_n of_o the_o world_n will_v affirm_v that_o england_n lose_v by_o that_o trade_n the_o dutch_a with_o good_a reason_n esteem_v the_o trade_n of_o the_o east-indies_n more_o profitable_a to_o they_o than_o be_v the_o mine_n of_o gold_n and_o silver_n in_o america_n to_o the_o king_n of_o spain_n and_o if_o the_o english_a company_n be_v vest_v by_o act_n of_o parliament_n with_o so_o much_o authority_n as_o the_o dutch_a have_v and_o thereby_o encourage_v to_o drive_v as_o full_a a_o trade_n thither_o as_o the_o dutch_a do_v i_o doubt_v not_o but_o it_o will_v be_v so_o not_o so_o much_o to_o the_o private_a gain_n of_o the_o member_n of_o that_o company_n as_o the_o public_a profit_n of_o this_o kingdom_n in_o general_a however_o as_o it_o be_v it_o will_v not_o be_v difficult_a to_o prove_v that_o it_o be_v the_o most_o beneficial_a trade_n this_o nation_n drive_v at_o present_a for_o 1_o st_o that_o trade_n constant_o employ_v twenty_o five_o to_o thirty_o sail_n of_o the_o most_o warlike_a ship_n in_o england_n with_o sixty_o to_o a_o hundred_o man_n in_o each_o ship_n and_o may_v in_o two_o or_o three_o year_n more_o employ_v a_o great_a number_n and_o in_o order_n to_o the_o carry_v on_o that_o trade_n that_o company_n have_v late_o unconstrained_a give_v considerable_a encouragement_n for_o the_o build_n of_o great_a ship_n which_o have_v have_v good_a effect_n 2_o dly_z it_o supply_v the_o nation_n constant_o and_o full_o with_o that_o in_o this_o age_n necessary_a material_a of_o salt-petre_n 3_o dly_z it_o employ_v the_o nation_n for_o its_o consumption_n with_o pepper_n indigo_n calico_n and_o several_a useful_a drug_n near_o the_o value_n of_o 150000_o l._n to_o 180000_o l._n per_fw-la annum_fw-la 4_o thly_a it_o furnish_v we_o with_o pepper_n cowrye_n long-cloth_n and_o other_o calico_n and_o paint_a stuff_n proper_a for_o the_o trade_n of_o turkey_n italy_n spain_n france_n and_o guiny_n to_o the_o amount_v of_o 2_o or_o 300000_o l._n per_fw-la annum_fw-la most_o of_o which_o trade_n we_o can_v not_o carry_v on_o with_o any_o considerable_a advantage_n but_o for_o those_o supply_n and_o these_o good_n export_v do_v produce_v in_o foreign_a part_n to_o be_v return_v to_o england_n six_o time_n the_o treasure_n in_o specie_fw-la that_o the_o company_n export_v from_o hence_o now_o if_o not_o only_o the_o aforesaid_a advantage_n be_v serious_o consider_v but_o also_o what_o detriment_n the_o nation_n will_v sustain_v if_o we_o be_v deprive_v of_o those_o supply_n both_o in_o point_n of_o strength_n and_o warlike_a provision_n in_o regard_n of_o ship_n and_o salt-petre_n but_o also_o in_o respect_n of_o the_o furtherance_n it_o give_v to_o many_o other_o trade_n beforementioned_a it_o will_v easy_o appear_v that_o this_o trade_n though_o its_o import_v exceed_v its_o export_n be_v the_o most_o advantageous_a trade_n to_o england_n and_o deserve_v all_o encouragement_n for_o be_v we_o to_o buy_v all_o our_o pepper_n and_o calico_n etc._n etc._n of_o the_o dutch_a they_o will_v raise_v our_o pepper_n which_o now_o stand_v the_o nation_n but_o about_o 3_o d._n per_fw-la pound_n in_o india_n to_o or_o near_o the_o proportion_n which_o they_o have_v advance_v on_o nutmeg_n clove_n and_o mace_n which_o cost_v the_o dutch_a not_o much_o more_o per_fw-mi pound_n in_o india_n than_o pepper_n since_o they_o engross_v the_o trade_n for_o those_o commodity_n and_o the_o use_n of_o callico_n in_o england_n will_v be_v supply_v by_o foreign_a linen_n at_o great_a price_n so_o that_o what_o may_v be_v secure_v from_o this_o nation_n be_v consumption_n will_v in_o probability_n cost_v they_o above_o 400000_o l._n per_fw-la annum_fw-la more_o than_o now_o it_o do_v and_o our_o foreign_a trade_n for_o italy_n guiny_n etc._n etc._n will_v in_o part_n decay_n for_o want_n of_o the_o aforesaid_a supply_n there_o be_v another_o notion_n concern_v the_o balance_n of_o trade_n which_o i_o think_v not_o impertinent_a here_o to_o take_v notice_n of_o viz._n some_o be_v of_o opinion_n that_o the_o way_n to_o know_v whether_o the_o nation_n get_v or_o lose_v in_o the_o general_a by_o its_o foregoing_a trade_n be_v to_o take_v a_o inspection_n into_o the_o course_n of_o the_o exchange_n be_v general_o above_o the_o intrinsic_a value_n or_o par_fw-fr of_o the_o coin_n of_o foreign_a country_n we_o not_o only_o lose_v by_o such_o exchange_n but_o the_o same_o be_v a_o demonstration_n that_o we_o lose_v by_o the_o general_a course_n of_o our_o foreign_a trade_n and_o that_o we_o require_v more_o supply_n of_o commodity_n from_o abroad_o than_o our_o export_n in_o good_n do_v serve_v to_o purchase_v and_o certain_a it_o be_v that_o when_o once_o the_o exchange_n come_v to_o be_v 5_o or_o 6_o per_fw-mi cent_z above_o the_o true_a value_n of_o foreign_a money_n our_o treasure_n will_v be_v carry_v out_o whatever_o law_n shall_v be_v make_v to_o prevent_v it_o and_o on_o the_o contrary_a when_o the_o exchange_n be_v general_o below_o the_o true_a value_n of_o the_o foreign_a coin_n it_o be_v a_o evidence_n that_o our_o export_n do_v in_o value_n exceed_v what_o we_o require_v from_o abroad_o and_o so_o if_o the_o exchange_n come_v to_o be_v 5_o or_o 6_o