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cause_n effect_n evil_a good_a 4,841 5 4.5571 4 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A32827 A discourse about trade wherein the reduction of interest in money to 4 l. per centum, is recommended : methods for the employment and maintenance of the poor are proposed : several weighty points relating to companies of merchants, the act of navigation, naturalization of strangers, our woollen manufactures, the ballance of trade, and the nature of plantations, and their consequences in relation to the kingdom are seriously discussed : and some arguments for erecting a court of merchants for determining controversies, relating to maritime affairs, and for a law for transferrance of bills of debts, are humbly offered. Child, Josiah, Sir, 1630-1699.; Culpeper, Thomas, Sir, 1578-1662. Small treatise against usury. 1690 (1690) Wing C3853; ESTC R8738 119,342 350

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yet_o retain_v a_o sufficient_a number_n to_o defend_v the_o kingdom_n and_o cultivate_v our_o land_n at_o home_n i_o answer_v first_o the_o bigness_n of_o army_n be_v not_o always_o a_o certain_a indication_n of_o the_o numerousness_n of_o a_o nation_n but_o sometime_o rather_o of_o the_o nature_n of_o the_o government_n and_o distrubation_n of_o the_o land_n as_o for_o instance_n where_o the_o prince_n and_o lord_n be_v owner_n of_o the_o whole_a territory_n although_o the_o people_n be_v thin_a the_o army_n upon_o occasion_n may_v be_v very_o great_a as_o in_o east-india_n turkey_n and_o the_o kingdom_n of_o fez_n and_o morocco_n where_o taffelet_n be_v late_o say_v to_o have_v a_o army_n of_o one_o hundred_o and_o fifty_o or_o two_o hundred_o thousand_o man_n although_o every_o body_n know_v that_o country_n have_v as_o great_a a_o scarcety_n of_o people_n as_o any_o in_o the_o world_n but_o since_o freeholders_n be_v so_o much_o increase_v in_o england_n &_o the_o servile_a 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license_v november_n the_o 18_o 1689._o and_o enter_v according_a to_o order_n a_o discourse_n about_o trade_n wherein_o the_o reduction_n of_o interest_n of_o money_n to_o 4_o l._n per_fw-la centum_fw-la be_v recommend_v method_n for_o the_o employment_n and_o maintenance_n of_o the_o poor_a be_v propose_v several_a weighty_a point_n relate_v to_o company_n of_o merchant_n the_o act_n of_o navigation_n naturalisation_n of_o stranger_n our_o woollen_a manufacture_n the_o balance_n of_o trade_n and_o the_o nature_n of_o plantation_n and_o their_o consequence_n in_o relation_n to_o the_o kingdom_n be_v serious_o discuss_v and_o some_o argument_n for_o erect_v a_o court_n of_o merchant_n for_o determine_a controversy_n relate_v to_o maritime_a affair_n and_o for_o a_o law_n for_o transferrance_n of_o bill_n of_o debt_n be_v humble_o offer_v never_o before_o print_v print_a by_o a_o soul_n at_o the_o crooked-billet_a in_o holloway-lane_n and_o sell_v at_o the_o three_o key_n in_o 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offend_v with_o i_o i_o dare_v undertake_v that_o this_o will_v never_o spoil_v but_o mend_v their_o marriage_n beside_o the_o great_a good_n it_o will_v bring_v to_o their_o country_n and_o to_o their_o posterity_n after_o they_o whether_o they_o prove_v to_o be_v nobleman_n gentleman_n or_o merchant_n etc._n etc._n i_o have_v in_o several_a place_n of_o my_o ensue_a treatise_n refer_v to_o some_o tract_n i_o former_o publish_v upon_o this_o subject_n which_o be_v now_o whole_o out_o of_o print_n i_o think_v fit_a to_o re-print_n and_o annex_v unto_o this_o which_o at_o first_o i_o intend_v not_o some_o there_o be_v who_o will_v grant_v that_o abatement_n of_o interest_n if_o it_o can_v be_v effect_v will_v procure_v to_o the_o nation_n all_o the_o good_a that_o i_o allege_v it_o will_v bring_v with_o it_o but_o say_v it_o be_v not_o practicable_a or_o at_o least_o not_o now_o 1._o a_o needless_a scruple_n and_o contradictory_n to_o experience_n for_o first_o a_o law_n have_v abate_v interest_n in_o england_n three_o time_n within_o these_o few_o year_n already_o and_o what_o shall_v hinder_v its_o effect_n now_o more_o than_o former_o 2._o if_o a_o law_n will_v not_o do_v it_o why_o do_v the_o usurer_n raise_v such_o a_o dust_n and_o engage_v so_o many_o friend_n to_o oppose_v the_o pass_n of_o a_o act_n to_o this_o purpose_n the_o true_a reason_n be_v because_o they_o be_v wise_a enough_o to_o know_v that_o a_o law_n will_v certain_o do_v it_o as_o it_o have_v do_v already_o though_o they_o will_v persuade_v other_o the_o contrary_n and_o if_o it_o be_v doubt_v we_o have_v not_o money_n enough_o in_o england_n beside_o what_o i_o have_v say_v in_o my_o former_a treatise_n as_o to_o the_o increase_n of_o our_o riches_n in_o general_a i_o shall_v here_o give_v some_o further_a reason_n of_o probability_n which_o be_v the_o best_a that_o can_v be_v expect_v in_o this_o case_n to_o prove_v that_o we_o have_v now_o much_o more_o money_n in_o england_n then_o we_o have_v twenty_o year_n past_a notwithstanding_o the_o seem_a scarcity_n at_o present_a if_o i_o shall_v look_v further_o back_o then_o twenty_o year_n the_o argument_n will_v be_v strong_a on_o my_o side_n and_o the_o proportion_n of_o the_o increase_n of_o money_n great_a and_o more_o perspicuous_a but_o i_o shall_v confine_v myself_o to_o that_o time_n which_o be_v within_o most_o man_n memory_n 1._o we_o give_v general_o now_o one_o three_o more_o money_n with_o apprentice_n than_o we_o do_v twenty_o year_n past_a 2._o notwithstanding_o the_o decay_n and_o loss_n of_o sundry_a trade_n and_o manufacture_n yet_o in_o the_o gross_a we_o ship_n off_o now_o one_o three_o part_n more_o of_o the_o manufacture_n as_o also_o lead_v and_o tin_n than_o we_o do_v twenty_o year_n past_a which_o be_v a_o cause_n as_o well_o as_o a_o proof_n of_o our_o increase_n of_o money_n if_o any_o doubt_v this_o if_o they_o please_v to_o consult_v mr_n di●kins_n surveyor_n of_o his_o majesty_n custom_n who_o be_v the_o best_a able_a i_o know_v live_v and_o have_v take_v the_o most_o pain_n in_o these_o calculation_n he_o may_v be_v satisfactory_o resolve_v 3._o house_n new_o build_v in_o london_n yield_v twice_o the_o rent_n they_o do_v before_o the_o fire_n and_o house_n general_o immediate_o before_o the_o fire_n yield_v about_o one_o four_o part_n more_o rent_n than_o they_o do_v twenty_o year_n past_a 4._o the_o speedy_a and_o costly_a building_n of_o london_n be_v a_o convince_a and_o to_o stranger_n a_o amaze_a argument_n of_o the_o plenty_n and_o late_o increase_v of_o money_n in_o england_n 5._o we_o have_v now_o more_o than_o double_a the_o quantity_n of_o merchant_n ship_n we_o have_v twenty_o year_n past_a 6._o the_o course_n of_o our_o trade_n from_o the_o increase_n of_o our_o money_n be_v strange_o alter_v within_o these_o twenty_o year_n most_o payment_n from_o merchant_n and_o shopkeeper_n be_v now_o make_v with_o ready_a money_n whereas_o former_o the_o course_n of_o our_o general_a trade_n run_v at_o three_o six_o nine_o twelve_o and_o eighteen_o month_n time_n but_o if_o this_o case_n be_v so_o clear_a some_o may_v ask_v i_o how_o come_v it_o to_o pass_v that_o all_o sort_n of_o man_n complain_v so_o much_o of_o the_o scarcity_n of_o money_n especial_o in_o the_o country_n my_o answer_n to_o this_o query_n be_v viz._n 1._o this_o proceed_v from_o the_o frailty_n and_o corruption_n of_o (null)_o nature_n it_o be_v natural_a for_o man_n to_o complain_v of_o the_o present_a and_o commend_v the_o time_n past_a so_o say_v they_o of_o old_a the_o former_a day_n be_v better_a than_o these_o and_o i_o can_v say_v in_o truth_n upon_o my_o own_o memory_n that_o man_n do_v complain_v as_o much_o of_o the_o scarcity_n of_o money_n ever_o since_o i_o know_v the_o world_n as_o they_o do_v now_o nay_o the_o very_a same_o person_n that_o now_o complain_v of_o this_o and_o commend_v that_o time_n 2._o and_o more_o particular_o this_o complaint_n proceed_v from_o many_o man_n find_n themselves_o uneasy_a in_o the_o matter_n of_o their_o religion_n it_o be_v natural_a for_o man_n when_o they_o be_v discontent_v at_o one_o thing_n to_o complain_v of_o all_o and_o principal_o to_o utter_v their_o discontent_n and_o complaint_n in_o those_o thing_n which_o be_v most_o popular_a those_o that_o hate_v a_o man_n for_o some_o one_o cause_n will_v seldom_o allow_v of_o any_o thing_n that_o be_v good_a in_o he_o and_o some_o that_o be_v angry_a with_o one_o person_n or_o thing_n will_v find_v fault_n with_o other_o that_o give_v they_o no_o offence_n like_o peevish_a person_n that_o meet_v discontent_n abroad_o come_v home_n quarrel_n with_o their_o wife_n child_n servant_n etc._n etc._n 3._o and_o more_o especial_o this_o complaint_n in_o the_o country_n proceed_v from_o the_o late_a practice_n of_o bring_v up_o the_o tax-money_n in_o wagon_n to_o london_n which_o do_v doubtless_o cause_v a_o scarcity_n of_o money_n in_o the_o country_n 4._o and_o principal_o this_o seem_a scarcity_n of_o money_n proceed_v from_o the_o trade_n of_o banker_a which_o obstruct_v circulation_n advance_v usury_n and_o render_v it_o so_o easy_a that_o most_o man_n as_o soon_o as_o they_o can_v make_v up_o a_o sum_n of_o 50_o l._n or_o a_o 100_o l._n send_v it_o into_o the_o goldsmith_n which_o do_v and_o will_v occasion_v while_o it_o last_v that_o fatal_a press_a necessity_n for_o money_n so_o visible_a throughout_o the_o whole_a kingdom_n both_o to_o prince_n and_o people_n from_o what_o have_v be_v last_o say_v it_o appear_v the_o matter_n in_o england_n be_v prepare_v for_o the_o abatement_n of_o interest_n which_o as_o sir_n henry_n blunt_n a_o honourable_a member_n of_o his_o majesty_n council_n of_o trade_n well_o say_v before_o the_o lord_n at_o the_o debate_n be_v the_o unum_n magnum_n towards_o the_o prosperity_n of_o this_o kingdom_n it_o be_v a_o generative_a good_a and_o will_v bring_v many_o other_o good_a thing_n with_o it_o i_o shall_v conclude_v with_o two_o or_o three_o request_n to_o the_o reader_n 1._o that_o he_o will_v read_v and_o consider_v what_o he_o read_v with_o a_o entire_a love_n to_o his_o country_n void_a of_o private_a interest_n and_o former_a ill_a ground_a impression_n receive_v into_o his_o mind_n to_o the_o prejudice_n of_o this_o principle_n 2._o that_o he_o will_v read_v all_o mind_v the_o matter_n not_o the_o stile_n before_o he_o make_v a_o judgement_n 3._o that_o in_o all_o his_o meditation_n upon_o these_o principle_n he_o will_v wary_o distinguish_v between_o the_o profit_n of_o the_o merchant_n and_o the_o gain_n of_o the_o kingdom_n which_o be_v so_o far_o from_o be_v always_o parallel_n that_o frequent_o they_o run_v counter_a one_o to_o the_o other_o although_o most_o man_n by_o their_o education_n and_o business_n have_v fix_v their_o eye_n and_o aim_v whole_o upon_o the_o former_a do_v usual_o confound_v these_o two_o in_o their_o thought_n and_o discourse_n of_o trade_n or_o else_o mistake_v the_o former_a for_o the_o latter_a from_o which_o false_a measure_n have_v proceed_v many_o vulgar_a error_n in_o trade_n some_o whereof_o by_o reason_n of_o man_n frequent_a mistake_n as_o aforesaid_a be_v become_v almost_o proverbial_a and_o often_o hear_v out_o of_o the_o mouth_n not_o only_o of_o the_o common_a people_n but_o of_o man_n that_o may_v know_v better_o if_o they_o will_v due_o consider_v the_o aforesaid_a distinction_n some_o of_o the_o say_v common_a proverbial_a error_n be_v viz._n 1._o vulgar_a error_n we_o have_v too_o many_o merchant_n already_o 2._o the_o stock_n of_o england_n be_v too_o big_a for_o the_o trade_n of_o england_n 3._o no_o man_n shall_v exercise_v two_o calling_n 4._o especial_o no_o shopkeeper_n ought_v to_o be_v a_o merchant_n 5._o luxury_n and_o some_o excess_n may_v be_v
above_o one_o thousand_o pound_n sometime_o not_o two_o hundred_o to_o begin_v the_o world_n with_o instead_o i_o say_v of_o such_o young_a man_n and_o small_a stock_n if_o this_o law_n pass_v we_o shall_v bring_v forth_o out_o sampson_n and_o goliahs_n in_o stock_n subtlety_n and_o experience_n in_o trade_n to_o cope_v with_o our_o potent_a adversary_n on_o the_o other_o side_n there_o be_v to_o every_o man_n knowledge_n that_o understand_v the_o exchange_n of_o london_n divers_a english_a merchant_n of_o large_a estate_n which_o have_v not_o much_o past_a their_o middle-age_n and_o yet_o have_v whole_o leave_v off_o their_o trade_n have_v find_v the_o sweetness_n of_o interest_n which_o if_o that_o shall_v abate_v must_v again_o set_v their_o hand_n to_o the_o plough_n which_o they_o be_v as_o able_a to_o hold_v and_o govern_v now_o as_o ever_o and_o also_o will_v engage_v they_o to_o train_v up_o their_o son_n in_o the_o same_o way_n because_o it_o will_v not_o be_v so_o easy_a to_o make_v they_o country-gentleman_n as_o now_o it_o be_v when_o land_n sell_v at_o thirty_o or_o forty_o year_n purchase_n for_o the_o sufferer_n by_o such_o a_o law_n i_o know_v none_o but_o idle_a person_n that_o live_v at_o as_o little_a expense_n as_o labour_n neither_o scatter_v by_o their_o expense_n so_o as_o the_o poor_a may_v glean_v any_o thing_n after_o they_o nor_o work_v with_o their_o hand_n or_o head_n to_o bring_v either_o wax_n or_o honey_n to_o the_o common_a hive_n of_o the_o kingdom_n but_o swell_v their_o own_o purse_n by_o the_o sweat_n of_o other_o man_n brow_n and_o the_o contrivance_n of_o other_o man_n brain_n and_o how_o unprofitable_a it_o be_v for_o any_o nation_n to_o suffer_v idleness_n to_o suck_v the_o breast_n of_o industry_n needs_o no_o demonstration_n and_o if_o it_o be_v grant_v i_o that_o these_o will_v be_v the_o effect_n of_o a_o abatement_n of_o interest_n than_o i_o think_v it_o be_v out_o of_o doubt_n that_o the_o abatement_n of_o interest_n do_v tend_v to_o the_o enrich_v of_o a_o nation_n and_o consequent_o have_v be_v one_o great_a cause_n of_o the_o riches_n of_o the_o dutch_a and_o italian_n and_o the_o increase_n of_o the_o riches_n of_o our_o own_o kingdom_n in_o these_o last_o fifty_o year_n another_o argument_n to_o prove_v which_o we_o may_v draw_v from_o the_o nature_n of_o interest_n itself_o which_o be_v of_o so_o prodigious_a a_o multiply_v nature_n that_o it_o must_v of_o necessity_n make_v the_o lender_n monstrous_a rich_a if_o they_o live_v at_o any_o moderate_a expense_n and_o the_o borrower_n extreme_a poor_a a_o memorial_n instance_n whereof_o we_o have_v in_o old_a audley_n decease_v who_o do_v wise_o observe_v that_o one_o hundred_o pound_n only_o put_v out_o at_o interest_n at_o ten_o per_fw-la cent_n do_v in_o seventy_o year_n which_o be_v but_o the_o age_n of_o a_o man_n increase_v to_o above_o one_o hundred_o thousand_o pound_n and_o if_o the_o advantage_n be_v so_o great_a to_o the_o lender_n the_o loss_n must_v be_v great_a to_o the_o borrower_n who_o as_o have_v be_v say_v live_v at_o a_o much_o large_a expense_n and_o as_o it_o be_v between_o private_a person_n so_o between_o nation_n and_o nation_n that_o have_v communication_n one_o with_o another_o for_o whether_o the_o subject_n of_o one_o nation_n lend_v money_n to_o subject_n of_o another_o or_o trade_n with_o they_o for_o good_n the_o effect_n be_v the_o same_o as_o for_o example_n a_o dutch_a merchant_n that_o have_v but_o four_o or_o five_o thousand_o pound_n clear_a stock_n of_o his_o own_o can_v easy_o borrow_v and_o have_v credit_n for_o fifteen_o thousand_o pound_n more_o at_o three_o per_fw-la cent_n at_o home_n with_o which_o whether_o he_o trade_n or_o put_v it_o to_o use_v in_o england_n or_o any_o country_n where_o interest_n of_o money_n be_v high_a he_o must_v necessary_o without_o very_o evil_a accident_n attend_v he_o in_o a_o very_a few_o year_n treble_a his_o own_o capital_a this_o discover_v the_o true_a cause_n why_o the_o sugar-baker_n of_o holland_n can_v afford_v to_o give_v a_o great_a price_n for_o barbadoes_n sugar_n in_o london_n beside_o the_o second_o freight_n and_o charges_n upon_o they_o between_o england_n and_o holland_n and_o yet_o grow_v exceed_o rich_a upon_o their_o trade_n whereas_o our_o sugar-baker_n in_o london_n that_o buy_v sugar_n here_o at_o their_o own_o door_n before_o such_o additional_a freight_n and_o charges_n come_v upon_o they_o can_v scarce_o live_v upon_o their_o calling_n ou●s_v here_o pay_v for_o a_o good_a share_n of_o their_o stock_n six_o per_fw-la cent_n and_o few_o of_o they_o employ_v in_o their_o sugar-work_n above_o six_o to_o ten_o thousand_o pound_n at_o most_o whereas_o in_o holland_n they_o employ_v twenty_o thirty_o to_o forty_o thousand_o pound_n stock_n in_o a_o sugar-house_n pay_v but_o three_o per_fw-la cent_n at_o most_o for_o what_o they_o take_v up_o at_o interest_n to_o fill_v up_o their_o say_a stock_n which_o be_v sometime_o half_a sometime_o three_o quarter_n of_o their_o whole_a stock_n and_o as_o it_o be_v with_o this_o trade_n the_o same_o rule_n hold_v throughout_o all_o other_o trade_n whatsoever_o and_o for_o we_o to_o say_v if_o the_o dutch_a put_v their_o money_n to_o interest_n among_o we_o we_o shall_v have_v the_o advantage_n by_o be_v full_a and_o flush_o of_o coin_n at_o home_n it_o be_v a_o mear_v chimaera_n and_o so_o far_o from_o a_o advantage_n that_o it_o be_v a_o extreme_a loss_n render_v we_o only_o in_o the_o condition_n of_o a_o young_a gallant_a that_o have_v new_o mortgage_v his_o land_n and_o with_o the_o money_n thereby_o raise_v stuff_v his_o pocket_n and_o look_v big_a for_o a_o time_n not_o consider_v that_o the_o draught_n of_o cordial_n he_o have_v receive_v though_o it_o be_v at_o present_a grateful_a to_o his_o palate_n do_v indeed_o prey_n upon_o his_o vital_a spirit_n and_o will_v in_o a_o short_a time_n render_v the_o whole_a body_n of_o his_o estate_n in_o a_o deep_a consumption_n if_o not_o whole_o consume_v beside_o whatever_o money_n the_o dutch_a lend_v we_o they_o always_o keep_v one_o end_n of_o the_o chain_n at_o home_n in_o their_o own_o hand_n by_o which_o they_o can_v pull_v back_o when_o they_o please_v their_o lean_a kine_n which_o they_o send_v hither_o to_o be_v fat_v this_o make_v i_o conclude_v that_o moses_n that_o wise_a legislator_n in_o his_o forbid_v the_o jew_n to_o lend_v money_n at_o use_n one_o to_o another_o and_o permit_v they_o to_o lend_v their_o money_n to_o stranger_n ordain_v that_o law_n as_o much_o to_o a_o political_a as_o a_o religious_a intent_n know_v that_o by_o the_o latter_a they_o shall_v enrich_v their_o own_o nation_n and_o by_o the_o former_a no_o public_a good_n can_v ensue_v the_o consequence_n be_v only_o to_o impoverish_v one_o jew_n to_o make_v another_o rich._n this_o likewise_o take_v off_o the_o wonder_n how_o the_o people_n of_o israel_n out_o of_o so_o small_a a_o territory_n as_o they_o possess_v can_v upon_o all_o occasion_n set_v forth_o such_o vast_a and_o numerous_a army_n almost_o incredible_a as_o all_o history_n sacred_a and_o profane_a report_v they_o do_v which_o be_v neither_o impossible_a nor_o strange_a to_o any_o that_o have_v well_o consider_v the_o effect_n of_o their_o law_n concrn_v usury_n which_o be_v sufficient_a to_o make_v any_o barren_a land_n fruitful_a and_o a_o fruitful_a land_n a_o entire_a garden_n which_o by_o consequence_n will_v maintain_v ten_o time_n the_o number_n of_o inhabitant_n that_o the_o same_o tract_n of_o land_n will_v do_v where_o no_o such_o law_n be_v to_o conclude_v it_o be_v i_o think_v agree_v on_o by_o all_o that_o merchant_n artificer_n farmer_n of_o land_n and_o such_o as_o depend_v on_o they_o which_o for_o brevity-sake_n we_o may_v here_o include_v under_o one_o of_o these_o general_a term_n viz._n seaman_n fisherman_n breeder_n of_o cattle_n gardener_n etc._n etc._n be_v the_o three_o sort_n of_o people_n which_o by_o their_o study_n and_o labour_n do_v principal_o if_o not_o only_o bring_v in_o wealth_n to_o a_o nation_n from_o abroad_o other_o kind_n of_o people_n viz._n nobility_n gentry_n lawyer_n physician_n scholar_n of_o all_o sort_n and_o shopkeeper_n do_v only_a hand_n it_o from_o one_o to_o another_o at_o home_n and_o if_o abatement_n of_o interest_n beside_o the_o general_a benefit_n it_o bring_v to_o all_o except_o the_o gripe_a dronish_a usurer_n will_v add_v new_a life_n and_o motion_n to_o those_o most_o profitable_a engine_n of_o the_o kingdom_n as_o i_o humble_o suppose_v will_v be_v manifest_a upon_o serious_a consideration_n of_o what_o have_v be_v say_v then_o i_o think_v it_o will_v be_v out_o of_o doubt_n that_o abatement_n of_o interest_n be_v the_o cause_n of_o increase_n of_o the_o trade_n and_o riches_n of_o any_o kingdom_n
be_v former_o that_o money_n double_v once_o in_o seven_o year_n at_o 10_o per_fw-mi cent_z according_a to_o which_o rule_n 100_o l._n in_o seventy_o year_n amount_n to_o 102400_o l._n one_o hundred_o pound_n at_o ten_o pound_n per_fw-la cent_z per_fw-la annum_fw-la at_o interest_n upon_o interest_n increase_v thus_o viz._n  _fw-fr l._n s._n d._n at_o first_o 100_o 00_o 00_o at_o 3_o month_n it_o be_v 102_o 10_o 00_o at_o 6_o month_n 105_o 1_o 03_o at_o 9_o month_n 107_o 13_o 9_o at_o 12_o month_n 110_o 07_o 7_o at_o 1_o year_n ¼_n 113_o 02_o 9_o at_o 1_o year_n ½_n 115_o 19_o 4_o at_o 1_o year_n ¾_n 118_o 17_o 4_o at_o 2_o year_n 121_o 16_o 9_o at_o 2_o year_n ¼_n 124_o 17_o 8_o at_o 2_o year_n ½_n 128_o 00_o 1_o at_o 2_o year_n ¾_n 131_o 4_o 1_o at_o 3_o year_n 134_o 9_o 9_o at_o 3_o year_n ¼_n 137_o 17_o 0_o at_o 3_o year_n ½_n 141_o 5_o 10_o at_o 3_o year_n ¾_n 144_o 16_o 6_o at_o 4_o year_n 148_o 8_o 11_o at_o 4_o year_n ¼_n 152_o 3_o 1_o at_o 4_o year_n ½_n 155_o 19_o 2_o at_o 4_o year_n ¾_n 159_o 17_o 2_o at_o 5_o year_n 163_o 17_o 1_o at_o 5_o year_n ¼_n 167_o 19_o 0_o at_o 5_o year_n ½_n 172_o 3_o 0_o at_o 5_o year_n ¼_n 176_o 9_o 1_o at_o 6_o year_n 180_o 17_o 3_o at_o 6_o year_n ¼_n 185_o 7_o 9_o at_o 6_o year_n ½_n 190_o 5_o 0_o at_o 6_o year_n ●_o 4_o 194_o 15_o 5_o at_o 7_o year_n 199_o 12_o 10_o suppose_v one_o hundred_o pound_n to_o double_a in_o seven_o year_n at_o interest_n upon_o interest_n as_o aforesaid_a the_o increase_n be_v viz._n  _fw-fr l._n at_o first_o 100_o at_o 7_o year_n 200_o at_o 14_o year_n 400_o at_o 21_o year_n 800_o at_o 28_o year_n 1600_o at_o 35_o year_n 3200_o at_o 42_o year_n 6400_o at_o 49_o year_n 12800_o at_o 56_o year_n 25600_o at_o 63_o year_n 51200_o at_o 70_o year_n 102400_o pag._n 13._o he_o say_v that_o i_o make_v use_n of_o the_o abuse_n of_o interest_n which_o no_o man_n plead_v for_o annex_v a_o discourse_n against_o interest_n write_v in_o 1621._o when_o it_o be_v at_o 10_o per_fw-mi cent_z endeavour_v thereby_o to_o impose_v a_o belief_n that_o the_o gentleman_n who_o write_v that_o discourse_n be_v of_o my_o mind_n whereas_o it_o may_v be_v suppose_v the_o author_n of_o that_o book_n be_v content_v with_o 8_o per_fw-mi cent_z because_o within_o four_o year_n after_o it_o be_v bring_v down_o to_o that_o rate_n and_o that_o otherwise_o he_o will_v have_v write_v further_o it_o be_v probable_a that_o he_o may_v live_v till_o after_o four_o year_n i_o answer_v that_o through_o the_o mercy_n of_o almighty_a god_n and_o for_o the_o good_a of_o this_o kingdom_n that_o patriot_n of_o his_o country_n old_a sir_n thomas_n culpepper_n who_o i_o have_v since_o be_v assure_v be_v the_o author_n of_o that_o treatise_n do_v live_v above_o twenty_o year_n after_o the_o write_n thereof_o and_o then_o publish_v a_o second_o treatise_n which_o be_v late_o reprint_v by_o his_o worthy_a son_n which_o second_o treatise_n be_v now_o to_o be_v have_v at_o mr_n wilkinson_n over_o against_o st_n dunstan_n church_n in_o fleetstreet_n which_o i_o will_v advise_v my_o opposer_n to_o read_v and_o then_o i_o hope_v he_o will_v be_v more_o modest_a hereafter_o then_o to_o miscall_a the_o most_o natural_a and_o rational_a conclusion_n imposings_n but_o lest_o he_o shall_v not_o meet_v with_o the_o say_a treatise_n i_o shall_v here_o insert_v a_o few_o line_n out_o of_o it_o to_o the_o present_a purpose_n viz._n old_a sir_n thomas_n speak_v of_o the_o certain_a good_a effect_n of_o the_o abatement_n of_o interest_n from_o 10_o to_o 8_o per_fw-mi cent_z pag._n 19_o of_o his_o second_o treatise_n say_v this_o good_a success_n do_v call_v upon_o we_o not_o to_o rest_v here_o but_o that_o we_o bring_v the_o use_n for_o money_n to_o a_o low_a rate_n which_o now_o i_o suppose_v will_v find_v no_o opposition_n for_o all_o objection_n which_o before_o the_o statute_n be_v make_v against_o it_o be_v now_o answer_v by_o the_o success_n &_o most_o certain_o the_o benefit_n will_v be_v much_o great_a to_o the_o common_a wealth_n by_o call_v the_o use_n for_o money_n down_o from_o 8_o to_o 5_o or_o 6_o per_fw-mi cent_z than_o it_o be_v from_o call_v it_o down_o from_o 10_o to_o 8_o per_fw-la cent._n i_o shall_v not_o comment_v upon_o his_o word_n but_o only_o declare_v that_o in_o truth_n i_o never_o hear_v of_o this_o treatise_n no●_n of_o any_o other_o to_o the_o like_a effect_n when_o i_o write_v i_o pag._n 13._o the_o gentleman_n b●ings_v up_o his_o battalion_n and_o like_o a_o stout_a champion_n for_o the_o sly_a and_o timorous_a heard-of_a usurer_n plant_n his_o main_a battery_n against_o that_o part_n which_o i_o confess_v to_o be_v weak_a viz._n that_o the_o difficulty_n of_o this_o question_n be_v whether_o the_o lowness_n of_o interest_n be_v the_o cause_n or_o the_o effect_n of_o riches_n and_o he_o positive_o deny_v that_o the_o lowness_n of_o interest_n be_v the_o cause_n &_o affirm_v it_o to_o be_v only_o the_o effect_n thereof_o which_o he_o endeavour_v to_o prove_v by_o four_o argument_n which_o i_o shall_v particular_o answer_v in_o a_o due_a place_n in_o the_o mean_a time_n use_v my_o own_o method_n to_o prove_v that_o the_o abatement_n of_o interest_n by_o a_o law_n in_o england_n will_v be_v a_o mean_n to_o improve_v the_o riches_n of_o this_o kingdom_n and_o i_o prove_v it_o thus_o 1._o whatever_o do_v advance_v the_o value_n of_o land_n in_o purchase_n must_v be_v a_o procure_a cause_n of_o riches_n 2._o whatever_o do_v improve_v the_o rent_n of_o farm_n must_v be_v a_o procure_a cause_n of_o riches_n 3._o whatever_o do_v increase_v the_o bulk_n of_o foreign_a trade_n must_v be_v a_o procure_a cause_n of_o riches_n 4._o whatever_o do_v multiply_v domestic_a artificer_n must_v be_v a_o procure_a cause_n of_o riches_n 5._o whatever_o do_v incline_v the_o nation_n to_o thriftiness_n must_v be_v a_o procure_a cause_n of_o riches_n 6._o whatever_o do_v employ_v the_o poor_a must_v be_v a_o procure_a cause_n of_o riches_n 7._o whatever_o do_v increase_v the_o stock_n of_o people_n must_v be_v a_o procure_a cause_n of_o riches_n now_o that_o the_o abatement_n of_o interest_n will_v advance_v the_o value_n of_o land_n i_o prove_v first_o by_o experience_n for_o certain_o anno_fw-la 1621._o the_o currant_n price_n of_o our_o land_n in_o england_n be_v twelve_o year_n purchase_v and_o so_o i_o have_v be_v assure_v by_o many_o ancient_a man_n who_o i_o have_v query_v particular_o as_o to_o this_o matter_n and_o i_o find_v it_o so_o by_o purchase_n make_v about_o that_o time_n by_o my_o own_o relation_n and_o acquaintance_n and_o i_o presume_v that_o any_o nobleman_n or_o gentleman_n of_o england_n by_o only_o command_v the_o steward_n of_o their_o manor_n to_o give_v they_o list_n out_o of_o the_o record_n of_o any_o manor_n or_o farm_n that_o their_o grandfather_n or_o father_n buy_v or_o sell_v fifty_o year_n past_a will_v find_v that_o the_o same_o farm_n to_o be_v now_o sell_v will_v yield_v one_o with_o another_o at_o least_o treble_a the_o money_n and_o in_o some_o case_n six_o time_n the_o money_n they_o be_v then_o buy_v and_o sell_v for_o which_o i_o submit_v still_o to_o the_o single_a and_o joint_a judgement_n of_o the_o honourable_a member_n of_o both_o house_n of_o parliament_n who_o be_v the_o great_a owner_n of_o our_o territory_n be_v in_o their_o private_a as_o well_o as_o in_o their_o politic_a capacity_n the_o most_o proper_a and_o experimental_a judge_n of_o this_o case_n if_o the_o ancient_n of_o they_o will_v please_v to_o recollect_v their_o memory_n and_o the_o young_a will_v please_v to_o be_v inform_v by_o their_o elder_a servant_n and_o if_o this_o be_v so_o it_o can_v be_v deny_v but_o the_o abatement_n of_o interest_n by_o a_o law_n have_v great_o advance_v land_n in_o purchase_n as_o well_o as_o improve_v rent_n by_o meliorate_n the_o land_n themselves_o those_o improvement_n by_o marling_n lime_a drain_n etc._n etc._n have_v be_v make_v since_o money_n be_v at_o 8_o and_o 6_o per_fw-la cent_n which_o 10_o per_fw-la cent_n can_v not_o bear_v and_o to_o prove_v that_o land_n be_v then_o at_o twelve_o year_n purchase_v i_o have_v the_o write_a testimony_n of_o that_o incomparable_a worthy_a person_n sir_n thomas_n culpepper_n senior_n who_o page_z 11._o of_o his_o first_o treatise_n express_o affirm_v that_o land_n be_v then_o at_o twelve_o year_n purchase_v who_o be_v himself_o a_o grave_n and_o ancient_a parliament_n man_n and_o dedicate_a his_o book_n to_o the_o then_o parliament_n whereof_o he_o be_v then_o a_o member_n can_v without_o horrible_a uncharitableness_n be_v presume_v
as_o it_o be_v call_v as_o in_o former_a day_n when_o our_o great_a expense_n be_v upon_o our_o belly_n the_o most_o destructive_a consumption_n that_o can_v happen_v to_o a_o nation_n and_o tend_v only_o to_o nourish_v idleness_n luxury_n and_o beggary_n whereas_o that_o other_o kind_n of_o expense_n which_o follow_v trade_n encourage_v labour_n art_n and_o invention_n to_o which_o give_v i_o leave_v to_o add_v that_o the_o abatement_n of_o interest_n conjoynt_v with_o excise_n upon_o our_o home_n consumption_n if_o the_o late_a can_v be_v hit_v upon_o without_o disturbance_n to_o trade_n or_o danger_n of_o continuation_n be_v two_o of_o the_o most_o comprehensive_a and_o effectual_a sumptuary_n law_n that_o ever_o be_v establish_v in_o any_o nation_n and_o most_o necessitating_a and_o engage_v any_o people_n to_o thriftiness_n the_o high_a road_n to_o riches_n as_o well_o for_o nation_n as_o private_a family_n the_o frugal_a italian_n of_o old_a and_o the_o provident_a dutch_a of_o latter_a time_n i_o think_v have_v give_v the_o world_n a_o sufficient_a proof_n of_o this_o theorim_n and_o if_o any_o shall_v tell_v i_o it_o be_v the_o nature_n of_o those_o people_n to_o be_v thrifty_a i_o answer_v all_o man_n by_o nature_n be_v alike_o it_o be_v only_a law_n custom_n and_o education_n that_o differ_v man_n their_o nature_n and_o disposition_n and_o the_o disposition_n of_o all_o people_n in_o the_o world_n proceed_v from_o their_o law_n the_o french_a peasantry_n be_v a_o slavish_a cowardly_a people_n because_o the_o law_n of_o their_o country_n have_v make_v they_o slave_n the_o french_a gentry_n a_o noble_a valiant_a people_n because_o free_a by_o law_n birth_n and_o education_n in_o england_n we_o be_v all_o free_a subject_n by_o our_o law_n and_o therefore_o our_o people_n prove_v general_o courageous_a the_o dutch_a and_o italian_n be_v both_o frugal_a nation_n though_o their_o climate_n and_o government_n differ_v as_o much_o as_o any_o because_o the_o law_n of_o both_o nation_n incline_v they_o to_o thriftiness_n other_o nation_n i_o can_v name_v be_v general_o vain_a &_o prodigal_a not_o by_o nature_n nor_o for_o want_v of_o a_o good_a country_n but_o because_o their_o law_n etc._n etc._n dispose_v they_o so_o to_o be_v the_o six_o proof_n of_o the_o proposition_n be_v that_o it_o employ_v the_o poor_a which_o be_v a_o ne-necessary_a consequence_n likewise_o of_o the_o increase_n of_o trade_n in_o city_n and_o improvement_n of_o land_n in_o the_o country_n which_o be_v well_o and_o true_o demonstrate_v from_o experience_n by_o the_o elder_a and_o young_a sir_n thomas_n culpepper_n to_o who_o to_o avoid_v prolixity_n i_o must_v refer_v the_o reader_n seven_o it_o increase_v the_o people_n of_o a_o nation_n this_o also_o necessary_o follow_v the_o increase_n of_o trade_n and_o improvement_n of_o land_n not_o that_o it_o cause_v marry_v man_n to_o get_v more_o child_n but_o 1_o st_o a_o trade_a country_n afford_v comfortable_a subsistance_n to_o more_o family_n than_o a_o country_n destitute_a of_o trade_n be_v the_o reason_n that_o many_o do_v marry_v who_o otherwise_o must_v be_v force_v to_o live_v single_a which_o may_v be_v one_o reason_n why_o few_o people_n of_o either_o sex_n be_v to_o be_v see_v unmarried_a in_o holland_n at_o 25_o year_n of_o age_n then_o may_v be_v find_v in_o england_n at_o 40_o year_n old_a 2_o dly_z where_o there_o be_v much_o employment_n and_o good_a pay_n if_o we_o want_v hand_n of_o our_o own_o we_o shall_v draw_v they_o from_o other_o as_o have_v be_v say_v 3_o dly_z we_o shall_v keep_v our_o own_o people_n at_o home_n which_o otherwise_o for_o want_n of_o employment_n will_v be_v force_v to_o leave_v we_o and_o serve_v other_o nation_n as_o too_o many_o of_o our_o seaman_n shipwrights_a and_o other_o have_v do_v 4_o thly_a our_o land_n and_o trade_n be_v improve_v will_v render_v we_o capable_a not_o only_o of_o employ_v but_o feed_v a_o far_o great_a number_n of_o people_n as_o be_v manifest_a in_o that_o instance_n of_o the_o land_n of_o palestine_n and_o if_o these_o will_v be_v the_o effect_n of_o abate_v interest_n than_o i_o think_v it_o be_v out_o of_o doubt_n that_o the_o abatement_n of_o interest_n be_v the_o cause_n of_o the_o increase_n of_o the_o riches_n of_o any_o kingdom_n for_o quicquid_fw-la efficit_fw-la tale_n est_fw-la magis_fw-la tale_n now_o to_o answer_v his_o four_o recite_v reason_n viz._n first_o he_o say_v if_o a_o low_a state_v interest_n by_o law_n be_v the_o cause_n of_o riches_n no_o country_n will_v be_v poor_a all_o desire_a riches_n rather_o than_o poverty_n and_o all_o have_v it_o in_o their_o power_n to_o state_n their_o interest_n as_o low_a as_o they_o please_v by_o law_n i_o answer_v first_o whatever_o nation_n do_v it_o gradual_o for_o so_o it_o must_v be_v do_v as_o it_o have_v be_v hitherto_o in_o england_n 2_o per_fw-la cent_z being_n enough_o to_o abate_v at_o one_o time_n will_v find_v those_o effect_n i_o have_v mention_v but_o it_o be_v a_o work_n of_o age_n and_o can_v be_v do_v at_o once_o for_o nec_fw-la natura_fw-la aut_fw-la lex_fw-la operantur_fw-la per_fw-la saltum_fw-la second_o it_o be_v great_a imprudence_n to_o imagine_v that_o any_o country_n understand_v their_o true_a interest_n so_o well_o as_o by_o degree_n to_o abate_v use-money_n will_v not_o likewise_o by_o the_o same_o wisdom_n be_v lead_v to_o the_o institute_n of_o many_o other_o good_a law_n for_o the_o encouragement_n of_o trade_n as_o our_o parliament_n have_v still_o proceed_v to_o do_v as_o interest_n have_v be_v abate_v his_o second_o reason_n be_v that_o if_o the_o lowness_n of_o interest_n be_v not_o the_o effect_n of_o riches_n in_o holland_n they_o may_v take_v as_o much_o vse-money_n as_o they_o can_v get_v there_o be_v no_o law_n against_o it_o i_o answer_v there_o be_v former_o law_n in_o holland_n that_o reduce_v interest_n to_o 8_o and_o 6_o and_o afterward_o to_o 5_o per_fw-mi cent_z anno_fw-la 1640._o and_o since_o in_o the_o year_n 1655._o to_o 4_o per_fw-mi cent_z the_o placart_n for_o which_o i_o have_v see_v and_o have_v be_v tell_v and_o do_v believe_v they_o have_v since_o reduce_v it_o by_o placart_n to_o 3_o per_fw-la cent_z as_o to_o their_o cantor_n and_o all_o public_a receipt_n which_o in_o holland_n be_v as_o much_o in_o effect_n as_o if_o they_o have_v make_v a_o general_a law_n for_o it_o because_o the_o most_o of_o their_o receipt_n and_o payment_n be_v make_v in_o and_o out_o of_o the_o aforesaid_a public_a office_n or_o else_o into_o and_o out_o of_o their_o bank_n for_o which_o no_o use-money_n be_v allow_v which_o several_a gradual_a and_o successful_a abatement_n of_o interest_n do_v occasion_v their_o riches_n at_o first_o and_o bring_v their_o people_n to_o that_o consistency_n of_o wealth_n that_o they_o have_v since_o wrought_v themselves_o into_o such_o a_o abundance_n that_o there_o be_v more_o lender_n now_o than_a borrower_n and_o so_o i_o doubt_v not_o 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any_o country_n in_o the_o world_n from_o a_o poor_a and_o low_a condition_n while_o interest_n be_v at_o 6_o per_fw-mi cent_z be_v make_v rich_a by_o bring_v it_o to_o 4_o per_fw-mi cent_z or_o 3_o per_fw-la cent_z by_o a_o law_n i_o answer_v if_o the_o instance_n of_o holland_n and_o italy_n be_v not_o sufficient_a to_o satisfy_v he_o in_o this_o point_n yet_o that_o have_v prove_v which_o he_o can_v deny_v that_o our_o own_o kingdom_n have_v be_v enrich_v consequent_o constant_o and_o proportionable_o to_o and_o after_o our_o several_a abatement_n of_o interest_n by_o law_n from_o a_o unlimited_a rate_n to_o 10_o from_z 10_o to_z ●_o and_z from_z 8_o to_z 6_o per_fw-mi cent_z i_o think_v it_o may_v rational_o be_v conclude_v that_o another_o abatement_n of_o interest_n in_o england_n will_v cause_v a_o further_a increase_n of_o
a_o knavish_a design_n of_o the_o citizen_n to_o advance_v themselves_o who_o be_v too_o proud_a already_o and_o that_o if_o it_o go_v forward_o it_o will_v undo_v all_o the_o country_n gentleman_n in_o england_n and_o if_o one_o speak_v with_o the_o city_n usurer_n they_o will_v be_v as_o ready_a to_o affirm_v that_o this_o be_v a_o plot_n carry_v on_o only_o by_o nobleman_n and_o gentleman_n who_o estate_n be_v all_o in_o land_n for_o their_o own_o advantage_n and_o that_o it_o will_v spoil_v all_o the_o trade_n of_o the_o kingdom_n be_v a_o project_n at_o one_o instant_a to_o take_v off_o just_a one_o three_o of_o all_o man_n estate_n that_o be_v personal_a and_o add_v the_o same_o proportion_n to_o all_o such_o who_o estate_n be_v real_a which_o in_o effect_n be_v to_o impoverish_v all_o the_o young_a and_o enrich_v all_o elder_a brother_n in_o england_n so_o that_o out_o of_o the_o mouth_n of_o the_o great_a and_o wise_a adversary_n to_o this_o principle_n it_o may_v be_v just_o conclude_v that_o though_o single_o they_o deny_v the_o truth_n of_o it_o yet_o joint_o they_o confess_v it_o to_o conclude_v there_o be_v nothing_o that_o i_o have_v say_v or_o that_o i_o think_v any_o other_o can_v say_v upon_o this_o occasion_n but_o be_v say_v in_o substance_n before_o by_o old_a sir_n thomas_n culpepper_n though_o unknown_a to_o i_o who_o have_v a_o ampel_v and_o clear_a sight_n into_o the_o whole_a nature_n of_o this_o principle_n and_o the_o true_a effect_n and_o consequence_n of_o it_o truth_n be_v always_o the_o same_o though_o illustration_n may_v vary_v nor_o can_v any_o thing_n now_o be_v object_v against_o the_o make_n a_o law_n for_o a_o further_a abatement_n of_o interest_n but_o the_o same_o that_o be_v object_v in_o those_o time_n wherein_o the_o former_a statute_n pass_v so_o that_o why_o my_o opposer_n shall_v cavil_v at_o the_o do_v of_o that_o by_o a_o law_n in_o england_n now_o which_o he_o seem_v to_o ●ike_v well_o if_o it_o can_v be_v do_v i_o know_v no_o real_a cause_n except_o it_o be_v that_o in_o truth_n he_o be_v wise_a enough_o to_o know_v that_o a_o law_n in_o england_n will_v certain_o do_v the_o work_n as_o it_o have_v do_v former_o and_o in_o consequence_n his_o own_o private_a gain_n will_v be_v retrench_v before_o i_o conclude_v i_o think_v it_o necessary_a for_o caution_n to_o my_o countryman_n to_o let_v they_o know_v what_o effect_n these_o discourse_n have_v have_v on_o other_o when_o i_o write_v my_o first_o treatise_n interest_n be_v in_o the_o island_n of_o barbadoes_n at_o 15_o per_fw-la centum_fw-la where_o it_o be_v since_o by_o a_o act_n of_o the_o country_n bring_v down_o to_o 10_o per_fw-la cent_n a_o great_a fall_n at_o once_o and_o our_o weekly_a gazette_n do_v some_o month_n pass_v inform_v we_o that_o the_o sweed_n by_o a_o law_n have_v bring_v down_o their_o interest_n to_o 6_o per_fw-la cent_n neither_o of_o which_o can_v have_v any_o good_a effect_n upon_o we_o but_o certain_o the_o contrary_a except_o by_o way_n of_o emulation_n they_o quicken_v we_o to_o provide_v in_o time_n for_o our_o own_o good_a and_o prosperity_n i_o have_v now_o do_v with_o this_o controversy_n and_o therein_o discharge_v my_o duty_n to_o my_o native_a country_n and_o though_o ignorance_n malice_n or_o private_a interest_n may_v yet_o for_o some_o time_n oppose_v it_o i_o be_o confident_a the_o wisdom_n of_o my_o countryman_n will_v at_o length_n find_v their_o true_a and_o general_a interest_n in_o the_o establishment_n of_o such_o a_o law_n which_o as_o to_o my_o own_o particular_a concernment_n signify_v not_o two_o farthing_n whether_o they_o do_v or_o not_o chap._n ii_o concern_v the_o relief_n and_o employment_n of_o the_o poor_a this_o be_v a_o calm_a subject_n and_o thwart_v no_o common_a or_o private_a interest_n among_o we_o except_o that_o of_o the_o common_a enemy_n of_o mankind_n the_o devil_n so_o i_o hope_v that_o what_o shall_v be_v offer_v towards_o the_o effect_n of_o so_o universal_o acceptable_a a_o work_n as_o this_o and_o the_o removal_n of_o the_o innumerable_a inconvenience_n that_o do_v now_o and_o have_v in_o all_o age_n attend_v this_o kingdom_n through_o defect_n of_o such_o provision_n for_o the_o poor_a will_v not_o be_v ill_o take_v although_o the_o plaster_n at_o first_o essay_n do_v not_o exact_o fit_v the_o sore_a in_o the_o discourse_n of_o this_o subject_n i_o shall_v first_o assert_v some_o particular_n which_o i_o think_v ar●●greed_v by_o common_a consent_n and_o from_o thence_o take_v occasion_n to_o proceed_v to_o what_o be_v more_o doubtful_a 1._o that_o our_o poor_a in_o england_n have_v always_o be_v in_o a_o most_o sad_a and_o wretched_a condition_n some_o famish_v for_o want_n of_o bread_n other_o starve_v with_o cold_a and_o nakedness_n and_o many_o whole_a family_n in_o all_o the_o out_o part_n of_o city_n and_o great_a town_n common_o remain_v in_o a_o languish_a nasty_a and_o useless_a condition_n uncomfortable_a to_o themselves_o and_o unprofitable_a to_o the_o kingdom_n this_o be_v confess_v and_o lament_v by_o all_o men._n 2._o that_o the_o child_n of_o our_o poor_a breed_v up_o in_o beggary_n and_o laziness_n do_v by_o that_o mean_n become_v not_o only_o of_o unhealthy_a body_n and_o more_o than_o ordinary_o subject_a to_o many_o loathsome_a disease_n whereof_o very_a many_o die_n in_o their_o tender_a age_n and_o if_o any_o of_o they_o do_v arrive_v to_o year_n and_o strength_n they_o be_v by_o their_o idle_a habit_n contract_v in_o their_o youth_n render_v for_o ever_o after_o indispose_v to_o labour_n and_o serve_v only_o to_o stock_n the_o kingdom_n with_o thief_n and_o beggar_n 3._o that_o if_o all_o our_o impotent_a poor_a be_v provide_v for_o and_o those_o of_o both_o sex_n and_o all_o age_n that_o can_v do_v work_n of_o any_o kind_n employ_v it_o will_v redound_v some_o hundred_o of_o thousand_o of_o pound_n per_fw-la annum_fw-la to_o the_o public_a advantage_n 4._o that_o it_o be_v our_o duty_n to_o god_n and_o nature_n so_o to_o provide_v for_o and_o employ_v the_o poor_a 5._o that_o by_o so_o do_v one_o of_o the_o great_a sin_n for_o which_o this_o land_n ought_v to_o mourn_v will_v be_v remove_v 6._o that_o our_o forefather_n have_v pious_a intention_n towards_o this_o good_a work_n as_o appear_v by_o the_o many_o statute_n make_v by_o they_o to_o this_o purpose_n 7._o that_o there_o be_v place_n in_o the_o world_n wherein_o the_o poor_a be_v so_o provide_v for_o and_o employ_v as_o in_o holland_n hambrough_n new-england_n and_o other_o and_o as_o i_o be_o inform_v now_o in_o the_o city_n of_o paris_n thus_o far_o we_o all_o agree_v the_o first_o question_n then_o that_o natural_o occur_v be_v question_v how_o come_v it_o to_o pass_v that_o in_o england_n we_o do_v not_o nor_o ever_o do_v comfortable_o maintain_v and_o employ_v our_o poor_a the_o common_a answer_n to_o this_o question_n be_v two_o 1._o that_o our_o law_n to_o this_o purpose_n be_v as_o good_a as_o any_o in_o the_o world_n but_o we_o fail_v in_o the_o execution_n 2._o that_o former_o in_o the_o day_n of_o our_o pious_a ancestor_n the_o work_n be_v do_v but_o now_o charity_n be_v decease_v and_o that_o be_v the_o reason_n we_o see_v the_o poor_a so_o neglect_v as_o now_o they_o be_v in_o both_o which_o answer_v i_o humble_o conceive_v the_o effect_n be_v mistake_v for_o the_o cause_n for_o though_o it_o can_v be_v deny_v but_o there_o have_v be_v and_o be_v a_o great_a failure_n in_o the_o execution_n of_o those_o statute_n which_o relate_v to_o the_o poor_a yet_o i_o say_v the_o cause_n of_o that_o failure_n have_v be_v occasion_v by_o defect_n of_o the_o law_n themselves_o for_o otherwise_o what_o be_v the_o reason_n that_o in_o our_o late_a time_n of_o confusion_n and_o alteration_n wherein_o almost_o every_o party_n in_o the_o nation_n at_o one_o time_n or_o other_o take_v their_o turn_n at_o the_o helm_n and_o all_o have_v that_o compass_n those_o law_n to_o steer_v by_o and_o yet_o none_o of_o they_o can_v or_o ever_o do_v conduct_v the_o poor_a into_o a_o harbour_n of_o security_n to_o they_o and_o profit_n to_o the_o kingdom_n i._n e._n none_o sufficient_o maintain_v the_o impotent_a and_o employ_v the_o indigent_a among_o we_o and_o if_o this_o be_v never_o do_v in_o any_o age_n nor_o by_o any_o sort_n of_o man_n whatsoever_o in_o this_o kingdom_n who_o have_v the_o use_n of_o those_o law_n now_o in_o force_n it_o seem_v to_o i_o a_o very_a strong_a argument_n that_o it_o never_o can_v nor_o ever_o will_v be_v do_v by_o those_o law_n and_o that_o consequent_o the_o defect_n lie_v in_o the_o law_n themselves_o not_o in_o the_o man_n i._n e._n those_o that_o shall_v put_v they_o in_o execution_n as_o to_o the_o second_o