Selected quad for the lemma: cause_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
cause_n	cause_v	consequence_n	great_a	61	3	2.1088	3	false

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A34867	Wealth discovered: or, An essay upon a late expedient for taking away all impositions and raising a revenue without taxes. Published, and presented to his most excellent Majesty, King Charles the II. By F.C. a lover of his countrey. Whereunto is added his Majesties gracious order.	Cradocke, Francis, d. 1670?	1661 (1661)	Wing C6743; ESTC R213227	47,283	54

or penyworths of Tobacco though I could by good demonstration prove it might if need were be made extend far in that also Conceiving I have sufficiently proved that Credit in Bank will at all times purchase Money by barter or exchange which is a thing most common in practice I shall now consider of an answer to such whose too much credulity thereof may perhaps purchase their so great esteem of Credit in Bank as to cause them to think and object that in time it will evacuate the Vse of Money 2. He that shall light upon this objection without having read and considered what is written upon the whole matter will I presume judge my conceptions of this Bank too fantastical and airy to be worthy of debate or consideration by wise and ingenious persons it being a thing so repugnant to most Opinions to think that any man should part with his Lands Goods or Commodities for Credit in Bank or as they esteem it a piece of Paper that had I not met with some Objections to this purpose made by an ingenious Gentleman I should have thought that scarce a person but my self and some others that have studyed the subject of Banks would have had so great an esteem of Bank Credit But before I can come to answer the main objection I must consider the cause supposed which I take to be That when these Banks shall be established all the Credit to be given therein will be as it were so much Money new Coyned and passed abroad in current payment in the Kingdom and that such Credit being as elsewhere it is current at more then Gold or Silver Coyn by 10 s. in a hundred pounds the value of Credit above Sterling money will give it such reputation as that Money will be out of favour here and therefore exported since of Credit we can never want to supply the room of Money for that the Lands of England are irremovable To which I answer That it 's true all Credit taken up in Bank will be the same as so much new Coyned Money for the time it remains a debt in Bank but once paid in and discharged is no longer current but that Credit ceases and although it 's also true that there may be as much of this Credit coyned as can be desired yet will there never be more then is requisite For it can be no more presumed that any man will take it up and pay three per cent that has no need of it then it may in reason be imagined he that has Silver and Gold as current in payment as Bank Credit will let that lie unimployed and pay Interest in the mean time at the Bank for Credit since by so converting his Money he may discount and ballance his Account there at pleasure the great accommodation of this Credit in Bank being such that no man shall ever want it that hath an Estate of value to deposite nor shall any man be compelled to take more then he hath occasion to imploy whereby mens Stocks will never be idle and if there can be no more coyned then is needfull there will be no more Money sent out of England then must and will go notwithstanding this or the greatest penalty a Parliament can put by way of prohibition to supply where we send not out enough of Merchandize to purchase what we have from Forain parts for if we send not out more Goods from England yearly then we import and consume Plate must and will go to supply it as on the contrary if we export more then import the over-ballance must at some time be returned in Bullion which I affirm to be truth though it implyes a contradiction to severall Acts of Parliament made against the Exportation of Bullion which under favour signifies no more then a profit to such persons as can make discovery but nothing of good to the common Interest of the Nation and if the over-ballance must be returned in Plate Bullion or Jewels and such returns be not altogether converted into Money by reason that want may be supplyed by Lands in manner as aforesaid what hurt is there to any if this Plate or Bullion be converted into all sorts of Dishes Boles or Cups or as in Mexico if our very Pots and Kettles were of Silver it being our own is and will be as valuable as Coyn and as great a reserve upon all occasions 3. A third Objection I expect will be made to what I have herein granted by admission That all Credit taken up in Bank will as long as it remains unballanced be the same in effect as if so much Money were new Coyned and dispersed abroad in current payments which great plenty of Money must as some will suppose by consequence cause all Commodities to rise in price or value accordingly To this I answer That although where much Money is current all provisions are usually dear yet Money is not the cause of it otherwise then as it is the cause of the encrease of Trade for where any place or Kingdom abounds in Money and Riches it is observable Commerce and Trade there best flourish and without it are the best Merchants in esteem nothing so that Money begets Trade and Trade Wealth and Riches which where they encrease Solomon tells us those are encreased that eat them By which it appears the rise of provisions is accidental either by the situation of the place scarcenesse or plentifulnesse of Commodity and number or concourse of people which being innumerably gotten together in a place of Trade as in London makes things dearer then in Cardigan-shire in Wales not so populous and as Cardigan-shire stands in a more barren soyl then London if London were removed in case it were possible thither her provisions would be dearer then now they are though her Stock in Money were the same True it is that the Prices rising or falling the Standard or extrinsick value or denomination of Coyn would cause all Commodities to rise or fall accordingly in the Countrey or place where it 's done but the intrinsick value or real worth stands still the same both in it self and in esteem with other Nations for both Gold and Silver are of so known and approved value by weight and fineness throughout the world that if it were possible for one Countrey or Kingdom to convert their very Iron or Brasse into either of those metals yet in respect of the use that is and would be made thereof throughout the whole Universe it would not at all vary or alter the intrinsick value thereof or give it any disproportion to the value before usually current upon Goods and Commodities for unless it be allowed that a plenty of Money in England will raise the value of Commodities in France Spain and other Countreys which I know no man will affirm it can be no argument that it will raise the price of Commodities here since God hath ordained one Countrey and place to help another and raised up