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A36290 The undoubted art of thriving wherein is shewed : 1. That a million L. sterling money, or more if need be, may be raised for propogating the trade of the nation, &c. without any kind of prejudice to the leiges, but on the contrair to their great vtility and advantage, 2. How the Indian and African Company may propogat [sic] their trade, and that trade and manufacturers of all sorts may by encouraged to the honour, strength and wealth of the nation, 3. How every one according to his quality, may live comfortably and happily : concluding with several thoughts tuching [sic] the management of publick concerns. Donaldson, James, fl. 1697-1713. 1700 (1700) Wing D1856; ESTC R5321 43,043 146

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want upon the same it being very hard if not impossible for every One on all Occasions to get the Product of his Labour Bartered for the very things he stands in need of The Talees most in Use in all the Trading World are of Gold Silver Brass and Tin being appointed to pass at such and such Rates as the several Kings and Princes of each Kingdom and State think fit to value them at Ye may Remember I compared Money in a Kingdom or Common-Wealth to the Blood that Circulats thro' the Veins and Arteries of the Body and communicats Life and vigor to Every Part without which the Members would become Dead and Uncapable to assist or comfort one another Seing Metalling Money is of so great Use tho' of little intrinsick Value it being neither fit for Food nor Raiment the chief Necessaries of Man's Life tho' it may serve for Vessels or other necessary Uses Yet Iron for many Uses is found much preferable to Gold it being only the Scarcity or Rarity of that Mettle that makes it in so great Esteem However it be it 's plain that the Use of Gold and Silver-money is very convenient all the Trading-World over yea partly amongst Barbarous and Savage People And by Experience we see the Possessors of it can command any thing the Place a Toords at their Pleasure If therefore it can be made appear that any thing besides Gold and Silver Money may be made Use of in all Transactions and Barganings with as great Ease and Security as Gold or Silver can be then shall the following Project be found both Profitable and Convenient That something besides Gold or Silver Coin may be made Use of in Traffick and Merchandizing that doth Answer all the Ends and Uses of it shall by and by make appear And that I may immediatly come to the Proof I think that I may refer it to the Judgement of all that are acquainted with the manner of the Circulating of Bank Notes that something besides Gold or Silver-Money may serve in Exchange of Goods or be made Use of in Commerce and Traffick If I shall yet make it further appear That such Notes may be struck o● made Current without any other Fond of Credit than the publick Faith of the Nation I hope I have performed my Undertaking The Publick Faith perhaps by some may be thought of no good Security But if such Gentlemen will have Patience to hear me to Amen I shall make it evident that the same shall be a sufficient Security wherein there can be no manner of Danger But before I proceed to the Author or Foundation of this Security I shall first shew in what manner those Notes may be Circulated without any Danger of Fraud or Possibility of Forgery or Vitiation which in my Opinion is the only point that can make this Project Practicable The Notes to be made Use of must be struck and cut out of Books much after the Fashion of those given out by the Bank but with this Difference that whereas the Bank Notes have the Value inserted in the Body and on the Margine which are lyable to Vitiation it were sit the Value of thir Notes be also at large in Letters upon the Seal So if there should be a Vitiation presumed by Razing out a Word in the Body and Margine of the Note and putting another in place thereof it will not be possible to get that razed out off the Seal and another put in its Room But besides all this it will be necessary that the Secretary or Clerk of the Office after having Registred each Note in a Distinct Post by it self give out with each Note a Paper wherein he must write to the Effect as follows Viz. This inclosed Note Number first Vol. first is delivered to R. P. of G. at Edinburgh this 10th Day of June 1700. By me A B. Clerk to the Exchequer Note Office Then when the Person to whom the Note is delivered has Occasion to give it to any other he must in like manner write At G. the 〈◊〉 day of 〈…〉 Years delivered this inclosed Note of Five Pound to S. C. of B. by me R. P. And so furth every Person to whose hands the same shall come must Transmit it in like manner And if the Paper shall happen to be filled up by these Indorsements before the time of Chequing the said Note and delivery of a new Paper by the Clerk of the Office be accomplished he to whose hand the same shall come last must begin a new Paper to the Effect following I J. B. of K. having received the inclosed Note Number first Volumn first Value Five Pound and the Paper in which it was inclosed being filled up by Indorsments is retained in my Custody and shall be produced if there be Occasion or the same by me J. B. And every one to whose hands the said Note shall come must Transmit it to another as in the first Paper and at the end of the Year or short time before the Year expire viz Two Weeks for all Residing within fifty Miles of Edinburgh and others at a greater distance so much sooner as may be convenient to have Notice given to the General Office before the Year be at an end must give in Accounts of what Notes are in their Custody to one or other of the Offices appointed for receiving the same in all considerable Burghs of the Kingdom and the Persons appointed for receiving such Accounts must send Lists of the same to the General Office which the Clerk must compare with the Books And finding none a missing of that Days date nor two of one Number nor any of another Number than what ought to come in on such a day they may safely Transmit new Papers back to the several Offices from whence the Lists were sent bearing to the Effect as follows That whereas I have reoeived Advice from A. B. that the Note Number first Volumn first has been Transmitted in due Form and was in the Custody of GOD upon the _____ day of _____ and having compared the same with the Register finds that no other Person pretends to have a Note of that Number and value in his Custody This is therefore to satisfy all concerned that the said Note may pass current as formerly This Paper being sent back to the Keeper of the Office from whence the General Office had Intelligence the person in whose Custody the Note is at the time shewing to the Keeper of this particular Office that the same has been duely Transmitted to him the same may pass for a Year longer as at the first Thus every Year once must the Notes be Chequed as is shewed above SECTION II. Anent the Security Safety and Ease of circulating of Notes SOme perhaps may form many dificulties in the Prosecution of this project and in order to their satisfactions I shall solve all the Material objection which I conceive any can suggest against it If it be said that it will
this Nature can be so ex 〈…〉 first Draught as afterwards it may be brought 〈…〉 therefore expected the Discreet Reader will rather Correct than Rigidly Censure any thing he may find not so directly to the Purpose Thriving being that which we are to fall about on good Earnest I shall not detain ●he Render with 〈◊〉 tedio●s introduction but endeavour to 〈◊〉 what I have 〈◊〉 say in the most co●ceise and plain Mannor I ●an so that any Person of Ordinary Capacity may the more easily comprehend the same my Design being rather to write I●telligibly than Elega●●ly 'T was observed in the Entry that Thriving may be taken in a threefold-Sense and that it was in Matters relating to the Estate of how that one may provide Necessaries for his Comfortable Living in this World that I undertook to prosecute When I speak of Ways and Means how one may preserve or increase his Estate I hope it will not be incong●uous to think that at the same time he may be in a prosperous Condition also in both Soul and Body there being no inconsistancy but rather a Harmony amongst them all For a Person moderatly exercising himself in the Performance of his lawful Employment thereby purchaseth things necessar for the Support of his Body The Body being supplyed with things necessary and imployed in moderat Exercises is keept in a good Temperature and healthful Condition The Body being in good Condition is in Capacity to perform Duty to GOD and Man with the greater Alacrity and reciprocally when a Person with Integrity performs his duty he may warrantably expect the Favour of GOD and Man and a Blessing upon his Labour which he is the better able to perform while his Body is in Health and Vigour Whereas on the other hand one that cannot provide for himself is commonly despised of Men depressed in his Body and dejected in Mind by all which he is much indisposed to perform Duty to GOD or Man But some perhaps may say Commonly such as have great Possession employ these Benefits to quite contrary Uses thereby strengthning themselves to the Paterns of Vice and Immorality and do not only this way impare their own Health but also proceed on a Course of Disobedience to GOD. and of injuring and oppressing their Neighbours This is often too true as may easily be made appear but it doth not in the least repeal my Proposition the misapplying of Benefits derogateth nothing from their Worth That every Man should imploy him self not only for the advancing of his own Interest but likewise that he may propogate the Wellfare of others will I suppose be sooner granted than practised but that we may the better conceive how every one may assist another and contribute to the benefite of all the several Professions Callings and Corporations of Men in a Kingdom State or Republick may be compared to the several Members of a Mans Body the King or Supreme Governour resembling the Head by which the whole Body is Governed These in Military Office may be compared to the Arms by which the Body is defended Cities or Citizens may be compared to the Heart or Trunck of the Body to which Retreat is made in time of danger and Supplies brought from one extraordinary Emergencies Mechanicks or Trades-Men may be called the Hands with which Labour is performed And the Husband-man doth resemble the Leggs which supports the whole Structure Money may be called the Blood which circulates thro' all the Veins of the Body and convoys Life and Vigor to every part I might proceed to shew in what respects Persons of other Professions and Imployments do resemble other Members of the Body but my design being to shew that every one ought to be Subserviant to another and not to enquire what Anology is betwixt the Members of a Man's Body and the Members of a Common-Wealth I think it needless to follow the similitude any further To give particular Directions how every one ought to Act in his particular Vocation or Profession so as he may not only support himself but also be Aiding and Assisting to others will readilly be acknowledged to be a hard Task and that which I cannot undertake yet with Submission I would offer a few things to be considered which I hope may be of good use unto all Man's Calling in General besides his chief Concern being to provide Things necessary for the support of his Body that requiring a daily Subsistance and the Things needed for that use or at least for the more comfortable Support thereof being many and various every one cannot acquire sufficient Knowledge in all the Arts Sciences and Imployments that are necessary for the providing himself with every thing he wants It 's therefore necessary That some be imployed one way and some another So that each may attain to some Competent Degree of Knowledge of and Dexterity in the Vocation or imployment he Professes So that every One may be Useful and Assisting to another And by a mutual Good Correspondence with one another all may live Comfortably together Man being thus destin'd to Labour for his Food and Raiment and that by a special Command of the Supream Law Giver it is not indifferent for him to Labour or be Idle even tho' his Circumstance may allow of the Latter How much time Men ought to Labour each day is not positively prescribed tho the number of days to wit six of seven is and by the By those who enjoin Anniversary days would do well to consider by what Authority they do it nor can we think all are required to labour alike much it being very reasonable to think that these whom GOD hath Blessed with Plenty may Warrantably enjoy his Benefits and are not called to such Violent Exercises as those whose Pinching Necessities oblige them to Labour hard to Earn Bread to their Teeth Yet it 's both Necessary and convenient that every one follow some Honest Vocation and I think any Man diligently plying himself to Labour seven or Eight Hours a Day may acquire as much as is necessary for his Subsistence And others in the hardest Circumstances need nor labour above ten hours which is no hard Matter the remaining 14 hours being sufficient to Refresh themselves by Sleep and other ways But as I have formerly observed that the several Professions and Incorporations of Men in a Common-Wealths do resemble the several Members of a Man's Body each having us proper Use and Imployment assigned it every one aiding and assisting each other And besides there is more required for the propagating of a mutual Assistance amongst the Members of a Common-Wealth then that one Man make or prepare things that may be useful to others seeing he cannot prepare all Things necessary for himself there must be an Exchanging or Bartering of Commodities which cannot be well done without some kind of Talees that may pass currant in all Bargains at a certain value So that the Possessors thereof can have whatsoever they