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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
cause_n good_a great_a law_n 2,790 5 4.4124 3 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A57025 A reply to the defence of the bank setting forth the unreasonableness of their slow payments. To which is added, 1. The mischiefs that attend the buying and selling bank-notes. 2. The advantages England will reap by having the unclipt hammer'd mony pass currant into the Exchequer by weight. In a letter to his friend in the countrey. By a true lover of his countrey and the present government. True lover of his countrey and the present government. 1696 (1696) Wing R1072; ESTC R220732 10,473 22

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if_o they_o make_v any_o payment_n at_o all_o wonderful_a secret_n that_o as_o the_o run_a cash_n of_o the_o nation_n increase_v the_o bank_n shall_v so_o much_o decrease_v and_o demur_v in_o answer_v their_o note_n and_o yet_o how_o insolent_a and_o bold_o do_v they_o behave_v themselves_o to_o such_o as_o demand_v payment_n sure_o a_o grievance_n like_o this_o have_v rare_o be_v know_v and_o i_o hope_v will_v not_o long_o be_v suffer_v but_o that_o the_o honourable_a house_n of_o commons_o will_v this_o session_n redress_v the_o same_o 3._o the_o three_o thing_n this_o famous_a bank-champion_n will_v fain_o suggest_v in_o their_o behalf_n be_v to_o throw_v all_o the_o abuse_n and_o mismanagement_n relate_v to_o this_o matter_n on_o the_o parliament_n for_o say_v he_o pag._n 11._o upon_o enquiry_n they_o must_v needs_o have_v refer_v it_o viz._n their_o slow_a payment_n to_o the_o regulation_n of_o the_o coin_n and_o the_o method_n which_o have_v be_v take_v to_o make_v good_a its_o deficiency_n impudent_a scribbler_n that_o dare_v call_v in_o question_n the_o prudent_a measure_n take_v by_o the_o parliament_n about_o this_o affair_n i_o doubt_v not_o but_o have_v the_o regulation_n be_v refer_v to_o the_o sagacity_n of_o this_o famous_a dictator_n and_o his_o conceit_a retinue_n they_o will_v have_v approve_v themselves_o to_o be_v wise_a enough_o as_o in_o the_o payment_n they_o make_v for_o their_o own_o interest_n whatever_o have_v be_v the_o consequence_n with_o respect_n to_o that_o of_o the_o public_a true_o the_o parliament_n have_v a_o difficult_a piece_n of_o work_n and_o have_v they_o therein_o be_v govern_v by_o every_o such_o ignorant_a conceit_a shatterbrain_n as_o will_v pretend_v to_o advise_v in_o this_o matter_n our_o coin_n will_v neither_o have_v be_v so_o good_a nor_o plentiful_a as_o now_o it_o be_v but_o have_v the_o excellent_a law_n they_o have_v make_v be_v careful_o put_v in_o practice_n self-interest_n lay_v aside_o and_o every_o one_o have_v aim_v at_o the_o good_a of_o the_o public_a as_o they_o ought_v to_o have_v do_v we_o shall_v long_o before_o this_o time_n have_v see_v no_o want_n of_o money_n nor_o note_n unpaid_a after_o demand_v and_o here_o i_o may_v easy_o incert_v and_o vindicate_v the_o method_n take_v in_o the_o several_a step_n thereof_o both_o with_o respect_n to_o call_v in_o the_o old_a and_o coin_v the_o new_a silver_n money_n and_o also_o with_o relation_n to_o the_o lower_a the_o price_n of_o gold_n to_o confute_v this_o saucy_a asperser_n in_o this_o particular_a but_o have_v already_o do_v that_o in_o part_n in_o another_o treatise_n of_o coin_n and_o intend_v hereafter_o to_o examine_v and_o give_v a_o more_o distinct_a relation_n thereof_o than_o will_v be_v consistent_a with_o the_o design_a brevity_n of_o this_o small_a tract_n i_o shall_v at_o present_a omit_v the_o same_o in_o short_a it_o be_v impossible_a i_o think_v the_o parliament_n can_v contrive_v the_o amend_v the_o state_n of_o our_o coin_n any_o better_a way_n for_o it_o be_v not_o to_o be_v expect_v they_o can_v prophesy_v that_o lower_a the_o price_n of_o guinea_n shall_v induce_v some_o man_n so_o foolish_o to_o hoard_v they_o up_o in_o hope_n that_o they_o will_v this_o session_n advance_v and_o alter_v the_o standard_n which_o they_o have_v but_o establish_v the_o last_o nor_o can_v any_o but_o some_o unthinking_a sort_n of_o people_n hope_v for_o any_o such_o dishonourable_a as_o well_o as_o unprofitable_a statute_n and_o set_v aside_o this_o selfish_a practice_n and_o that_o of_o buy_v and_o sell_v bank-note_n the_o only_a two_o cause_n of_o our_o seem_a want_n of_o cash_n we_o shall_v certain_o have_v see_v the_o good_a effect_n of_o the_o law_n make_v the_o last_o session_n relate_v to_o coin_n which_o will_v no_o doubt_n have_v produce_v the_o great_a plenty_n of_o the_o best_a and_o most_o beautiful_a money_n that_o england_n not_o to_o say_v any_o country_n in_o the_o world_n be_v ever_o possess_v of_o part_n ii_o give_v you_o a_o account_n of_o some_o of_o the_o many_o great_a mischief_n and_o misery_n we_o lie_v under_o and_o be_v obnoxious_a to_o by_o reason_n of_o the_o buy_n and_o sell_v bank-note_n 1._o the_o buy_v and_o sell_v bank-note_n give_v a_o opportunity_n to_o the_o bank_n to_o buy_v and_o sell_v their_o own_o note_n whereby_o they_o may_v certain_o gain_v more_o than_o by_o any_o other_o way_n of_o employ_v their_o cash_n and_o which_o shall_v they_o do_v we_o may_v be_v sure_o they_o will_v reserve_v to_o themselves_o as_o much_o for_o that_o purpose_n and_o consequent_o pay_v out_o on_o their_o note_n as_o little_a as_o may_v be_v and_o if_o we_o have_v a_o immense_a quantity_n of_o cash_n if_o this_o practice_n shall_v be_v permit_v we_o shall_v always_o have_v a_o seem_a deficiency_n and_o whether_o they_o be_v guilty_a of_o such_o irregularity_n i_o leave_v it_o to_o their_o own_o conscience_n and_o those_o concern_v to_o examine_v 2._o the_o second_o mischief_n that_o attend_v buy_v and_o sell_v bank-note_n be_v that_o it_o hinder_v both_o money_v man_n and_o inland_a trader_n from_o pay_v their_o just_a debt_n in_o specie_fw-la though_o they_o have_v it_o by_o they_o in_o never_o such_o plenty_n for_o man_n be_v grow_v so_o self-interested_n that_o scarce_o any_o thing_n of_o a_o public_a spirit_n appear_v and_o if_o this_o money-monger_n can_v gain_v 16_o or_o 17_o per_fw-la cent._n as_o sometime_o he_o may_v by_o convert_v his_o money_n into_o bank-note_n this_o he_o know_v if_o the_o bank_n pay_v but_o current_o in_o a_o year_n be_v three_o time_n as_o much_o advantage_n to_o he_o as_o he_o can_v propose_v to_o get_v by_o dispose_v of_o it_o after_o the_o common_a way_n of_o interest_n though_o at_o the_o same_o time_n the_o poor_a who_o have_v dependence_n on_o he_o be_v great_a sufferer_n thereby_o and_o as_o for_o the_o inland_a trader_n i_o will_v not_o say_v the_o merchant_n because_o it_o may_v be_v suppose_v that_o what_o money_n he_o can_v spare_v go_v to_o pay_v his_o foreign_a bill_n his_o servant_n workman_n and_o creditor_n of_o all_o sort_n must_v take_v bank-note_n or_o be_v creditor_n still_o though_o he_o probable_o receive_v little_a but_o new_a money_n or_o guinea_n or_o silver_n at_o 5_o s._n 2_o d._n per_fw-la ounce_n which_o be_v all_o one_o in_o his_o shop_n or_o warehouse_n but_o these_o be_v reserve_v to_o go_v to_o market_n with_o again_o to_o buy_v more_o note_n for_o this_o be_v a_o encourage_v trade_n and_o while_o it_o be_v permit_v he_o will_v make_v his_o best_a advantage_n thereof_o let_v the_o poor_a workman_n etc._n etc._n perish_v if_o they_o will_n 3._o the_o permission_n of_o this_o practice_n of_o buy_v and_o sell_v bank-note_n give_v a_o opportunity_n to_o the_o stock-jobbers_a especial_o the_o broker_n to_o raise_v and_o fall_v the_o credit_n of_o the_o bank_n as_o they_o please_v and_o as_o best_o comport_v with_o their_o poor_a and_o base_a disingenuous_a and_o mercenary_a temper_n by_o which_o the_o price_n of_o these_o note_n be_v whole_o govern_v and_o these_o be_v the_o horrid_a viper_n that_o have_v set_v a_o value_n of_o 150_o li._n on_o that_o which_o be_v not_o worth_a 5_o li._n and_o that_o make_v such_o job_v work_n with_o the_o guinea_n about_o six_o month_n ago_o which_o as_o soon_o as_o the_o parliament_n have_v quash_v by_o lower_v they_o they_o find_v out_o this_o method_n of_o buy_v and_o sell_v bank-note_n without_o who_o knavish_a invention_n mere_o for_o their_o own_o interest_n i_o question_v whether_o either_o guinea_n or_o bank-note_n have_v come_v near_o the_o price_n they_o have_v be_v sell_v for_o if_o they_o have_v be_v sell_v at_o all_o and_o it_o be_v not_o only_o the_o brokeage_n which_o they_o gain_v by_o these_o their_o deceitful_a project_n for_o though_o they_o have_v not_o a_o penny_n of_o money_n yet_o they_o be_v great_a gainer_n as_o well_o as_o those_o that_o have_v by_o buy_v for_o example_n bank-note_n at_o 16_o or_o 17_o per_fw-la cent._n discount_n and_o before_o the_o contract_n be_v make_v and_o the_o money_n be_v pay_v they_o can_v run_v the_o discount_n down_o to_o 12_o or_o 13_o than_o they_o sell_v these_o note_n and_o get_v 5_o per_fw-la cent._n clear_a discharge_v their_o former_a contract_n and_o thus_o they_o go_v on_o buy_v and_o lower_v then_o sell_v and_o advance_v the_o price_n as_o they_o please_v till_o the_o whole_a nation_n suffer_v to_o maintain_v half_o a_o dozen_o or_o half_o a_o score_n sordid_a cheat_v villain_n it_o be_v great_a shame_n they_o be_v suffer_v and_o that_o it_o be_v not_o make_v high_o penal_a for_o any_o one_o to_o buy_v or_o sell_v any_o thing_n in_o this_o nature_n unless_o it_o be_v share_n in_o joint_a stock_n as_o hudsons_n bay_n east_n india_n etc._n