Selected quad for the lemma: cause_n

Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
cause_n body_n find_v great_a 1,455 5 2.6101 3 false
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
A46898 Plain dealing: in a dialogue between Mr. Johnson and Mr. Wary his friend, a stock-jobber, and a petitoner against the E-- I-- Company, about stock-jobbing, and the said company. 1691 (1691) Wing J769; ESTC R213907 9,078 17

There are 2 snippets containing the selected quad. | View lemmatised text

Stock-jobbing Petit. I profess I believe so too if it was so ordered that it could not be evaded how Mr. Stock-jobber looks upon it St. J. I 'le vow that never entred my thoughts Petit. Nor mine Mr. W. Nor mine Mr. J. Nay it might be easily secured too every Member's taking an Oath and entring into Bonds never to suffer anothers Stock in his Name nor to Buy nor Sell Stock without its being actually transferred and allowing upon Accompt the five per cent or Share St. -J It would infallibly do the Business but it would crush several Stocks to nothing Petit. I am sure it would quench the Thirst after new Patents Mr. J. Gentlemen it would only effect Stock-jobbing the Stock themselves would be benefited thereby for the concerned in any that have or shall have a being would then be obliged to prosecute what hitherto has only been pretended and a noise made of Viz. In imploying the Poor and promoting Manufactures or else it will appear they petition for Patents with no other Design then having them to make Profit by selling them St. -J But five per cent will soon eat up the Profits and who then will be concerned in any publick Stocks Mr. J. Right at the present rate of buying and selling but Sir a Patent or Charter would never be sued for unless the concern'd proposed greater Advantage by such a joynt Trade or Manufacture then can be made of their Money and Time in ordinary and common ways we 'll suppose only ten per cent per annum gain it may be twenty and so to fifty now a single five per cent when a man disposes of his Interest is no great Duty if a Proprietor immediately sells he cannot complain he hath his humour if he 's an old Standard he 'l have reapt the Advantage he may afford it and I think the intrested in all Patents of this nature should be uncapable of selling till a certain time is elapsed sufficient for Proofs and Experiments of the Design that People might know for what they part with their Money but yet I do not say it must be just five per cent or share it may be more or less as the nature of the thing requires and probably it may be better imposed upon the Buyer then Seller St. -J Well let 'm do as they please let 's call another Cause Petit. Then pray you Gentlemen what do you think of the East India Company Mr. J. Sir it is very honourable in my esteem I wish I could say the same of some of its Members and their Actions St. -J An Arch Rogue t'other day said of another Company that seperately they were worthy men but together a Pack of Knaves but I perceive Mr. Johnson hath a good Opinion of this in the bulk but hath different thoughts of some of the Managers Petit. And not without reason for he among thousands more is a Sufferer by their late unworthy Practices in the disposal of their Goods brought to England and St. -J What I warrant you are grieved at private Contracts the Company may not dispose of their Goods as they think meet Petit. Yes that I am and many other their base Proceedings but I hope e're long their Wings will be clipt Mr. J. Look you Gentlemen private Contracts ought not to be made by a Company for Goods imported except with the Crown unless Interlopers at the same time are allowed and that for two Reasons as first you and I that are natural born Subjects are hereby excluded the East India Trade we are not permitted to trade directly neither shall we buy the Commodities of them that do and secondly allowing them this Practise is granting them a Power to tax the Nation when and to what degree they please one hundred tun of Pepper or a hundred Bails of Muslins arrive which being and there 's always one thing or another wanting they take the Advantage of the Nation 's Necessity and prise them accordingly whereas were the Goods fairly exposed at the Candle in reasonable Lots the Company would have a sufficient Profit we should all that are Buyers partake of the Trade and the Publick would be served at easier Rates St. -J And how if the Company loses by a Publick Sale Mr. J. It must be their own Faults if it be by Commodities they can gain by a private one if they have too much of a Commodity can't they expose a part and reserve the overplus till a more proper Season if they want Money can't they borrow upon as easie terms as others St. -J Yes as they did the Bettelles which for want of a Price they kept several years and during the time paid Interest for Money Mr. J. And at the very nick they might have had fifty per cent Profit upon 'em they were privately contracted out of their hands Petit. That 's true Sir St. -J But still the Company are in the right I think to make the most of their Goods and you and your Friends may offer at a private Contract if you will as well as others Mr. J. And sometimes an offer and the highest hath signified nothing but shall not a man trade himself nor buy East India Commodities of the Importers unless in conjunction with others or that he can procure 30 or 40000 Pounds for a Purchase where is Liberty and Property I must conclude as I began that these clandestine doings are not allowable a Monopoly was never design'd by their Charter and tho' it 's almost absolutely necessary there be a Company their Actions ought to correspond with the Laws Customs and Usages of the Realm and the Benefit of the Publick vid. Charters St. -J Only one word more What Provision can possibly be made against Caballing and Combining to run down their Goods if fairly exposed Mr. J. I have heard this alledged in the Company 's favour but it is impracticable there is always at a Court of Sales Friends to the Company well understood in all Commodities that have more Money than there is Penny worths for them and you may remember what All All in the Long-Cloth cost the Linnen-Drapers St. -J I am satisfied Pet. But pray Mr. Johnson what do you imagine the Parliament will do with the Company Mr. J. I think if the Company 's silent Sir they 'll let them alone but if they Petition again they may probably be established Pet. Marry I hope not should the War they made be winked at the sundry Complaints against them from India and St. Hellens and for Monopolies and private Contracts c. be passed by People would be much dissatisfied Mr. J. Nay that does not follow Provision in an Act of Settlement may be made in these and all other Points to the satisfaction of the concern'd Pet. But a calling those to Account whose ill management hath been the cause of all is a necessary Antecedent Mr. J. Every body knows some body has been faulty and many of their late irregular Actions are not
easily answer'd but to find who are the Men and how far they are culpable requires a great deal of time if that can't be spared would you have the Nation and the Company suffer for the Miscarriages of a few private Men. It 's most necessary some care be taken to secure this Trade and how you 'll do it better than by establishing this Company is beyond my understanding St. -J I yet say the guilty ought not to go unpunished and don 't fear the loss of the Trade let it be declared open and the present Company 's Charter null and in a week's time there 'll be Subscriptions enough for a New Company Mr. J. You 're but a word and a blow I perceive I am not excusing the guilty while I argue for the Company I have been informed by those that lived in India before this Company 's time that in that Trade there was loss both out and home so subtle was the Natives in lowering our Commodities upon the arrival of our Ships and inhancing their own during our stay whereas the Company having setled Colonies and Factories Ships constantly going and returning their Agents and Servants that contract with the Artificers themselves collecting their Manufactures in small parcels the Trade is brought to the perfection we now behold it Would you have their Foundation for others to build upon Certainly as they have merited highly of the Nation they 'll have the preferrence St. -J But establish them exclusive to others and you 'll destroy what you boast of for their Dividends have been so large that if any such a Stock is not remaining as the Trade requires Mr. J. Then the Act that settles them may oblige them to compleat it St. -J No rather to open their Books and let others subscribe for it Mr. J. Aye that 's pretty How much would you have subscribed St. -J 460218 to make their 739782 1200000 l. Mr. J. So And what if Two Millions be subscribed Pet. Then lower every Man's Parcel according to his Subscription Mr. J. An excellent Proposal if Sir H. E. subscribe 50000 and you 100 l. he will go into the Stock with 12500 l. and you with 25 l. Look ye Sir if nothing will serve but the Books must be opened were I to order it the 460218 l. should be expos'd in Lots all Persons as well Members as others free to bid the Money should be paid to the Company and the Buyers have Credit for the Sum. Pet. As I live you deserve the Thanks of a General Court for this Notion Mr. J. I am serious Sir but I have seen another Model for an East-India Company which were it enacted I believe would give general satisfaction the Company their Friends and their Enemies must all allow of it Pet. Would I had a sight of it Mr. J. Here it is I 'll read it the Title is only An Expedient c. THAT the Present East-India Company be established That their Stock of 739782 l. be made a Million or more as the Parliament thinks meet That the 460218 l. shall be advanced by the present Members proportionable to their Stocks and Refusers obliged to sell That no Member shall at any time during the Company have above 10000 l. Stock and those that at present have more be obliged to sell it That every Thousand Pounds Credit whether of one or more Persons shall have a Vote and he that hath Ten thousand to have no more That every Member take an Oath and seal a Bond not to suffer another's Stock in his Name or to have any in the Name of another and that he will not sell without actually transferring the same That for every Hundred Pound bought after the Stock is so setled Five pounds shall be paid to the King by the Buyer That no Money be taken at Interest but if more is required in like manner to be advanced by the Members That there be no private Contracts unless with the King for any Goods imported but that they be fairly sold in reasonable Lots in open Court the highest Bidder to be the Buyer That Commissioners be appointed to hear and determine past Matters between the Company and others that pretend to be injured if they make their Appeals in a certain time It matters not whether the Commissioners are Members or not if Men of Ability Integrity and Honour Pet. Amen I say this Mr. J. Then you like these Proposals Pet. Yes and no body that 's sincere in their Clamors can dislike them Mr. J. I think here 's Care taken to remedy all Evils and supply all Defects Gentlemen a good Night to you FINIS LONDON Printed for S. Eddowes under the Royal Exchange in Cornhil 1691.