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cause_n worth_a year_n yearly_a 14 3 10.3552 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A06788 Englands vievv, in the vnmasking of two paradoxes with a replication vnto the answer of Maister Iohn Bodine. By Gerrard de Malynes Merchant. Malynes, Gerard, fl. 1586-1641. 1603 (1603) STC 17225; ESTC S120062 59,335 206

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famous_a and_o learned_a master_n john_n bodine_n make_v answer_n unto_o these_o two_o paradox_n first_o show_v how_o m._n malestroit_n have_v abuse_v himself_o to_o use_v the_o example_n of_o velvet_n to_o prove_v his_o assertion_n for_o he_o prove_v that_o velvet_n be_v yet_o unknown_a in_o france_n during_o the_o reign_n of_o philip_n surname_v the_o fair_a and_o that_o although_o he_o shall_v admit_v the_o example_n of_o velvet_n yet_o it_o be_v no_o consequence_n for_o all_o other_o thing_n which_o be_v not_o so_o dear_a proportionable_o and_o concern_v the_o price_n of_o wine_n and_o corn_n he_o do_v prove_v the_o same_o to_o be_v dear_a 20_o time_n and_o more_o or_o less_o upon_o occasion_n conclude_v that_o those_o example_n be_v also_o unfit_a and_o then_o he_o come_v to_o the_o price_n of_o land_n which_o can_v increase_v or_o diminish_v nor_o be_v alter_v of_o their_o goodness_n if_o they_o be_v manure_v whereupon_o he_o take_v occasion_n to_o show_v the_o fertility_n of_o 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dishonour_n of_o the_o king_n reputation_n see_v that_o the_o estate_n of_o a_o prince_n do_v as_o much_o consist_v by_o reputation_n as_o by_o strength_n wherefore_o like_o good_a politician_n do_v advise_v the_o king_n to_o embase_v his_o money_n which_o will_v cause_v the_o same_o not_o to_o be_v transport_v and_o the_o plate_n to_o be_v of_o course_n convert_v into_o money_n which_o be_v do_v according_o and_o have_v also_o that_o effect_n save_v that_o where_o they_o think_v money_n will_v not_o be_v transport_v they_o find_v themselves_o deceive_v for_o the_o course_n of_o exchange_n be_v not_o look_v into_o by_o they_o which_o do_v cause_v a_o gain_n to_o be_v have_v upon_o the_o money_n and_o so_o long_o as_o the_o gain_n remain_v it_o be_v still_o transport_v whereby_o at_o last_o he_o lose_v the_o plate_n of_o
wherein_o the_o example_n of_o the_o prince_n be_v predominant_a but_o leave_v the_o matter_n of_o commodity_n let_v we_o come_v to_o entreat_v of_o money_n money_n as_o we_o have_v say_v before_o be_v the_o rule_n and_o square_a to_o set_v a_o price_n unto_o every_o thing_n as_o be_v the_o public_a measure_n to_o maintain_v a_o certain_a equality_n in_o buy_v and_o sell_v must_v therefore_o have_v his_o stand_a valuation_n only_o by_o public_a authority_n of_o prince_n as_o a_o matter_n annex_v to_o their_o crown_n and_o dignity_n for_o they_o be_v the_o warrant_n of_o the_o money_n unto_o their_o subject_n and_o to_o the_o end_n that_o this_o measure_n of_o thing_n namely_o money_n shall_v not_o be_v falsify_v by_o make_v the_o same_o general_o more_o or_o less_o whereby_o the_o price_n of_o thing_n will_v become_v incertain_a if_o private_a man_n be_v suffer_v to_o have_v the_o handle_n thereof_o therefore_o be_v prince_n so_o careful_a to_o observe_v a_o certainty_n and_o equality_n of_o the_o price_n of_o money_n from_o time_n to_o time_n howbeit_o that_o the_o due_a regard_n which_o be_v to_o be_v have_v between_o their_o money_n and_o the_o money_n of_o other_o prince_n be_v by_o some_o less_o regard_v than_o the_o course_n thereof_o within_o their_o own_o dominion_n be_v of_o less_o importance_n have_v some_o base_a money_n currant_n with_o the_o good_a the_o price_n of_o money_n become_v incertain_a in_o particular_a when_o private_a man_n will_v give_v or_o receive_v any_o money_n in_o specie_fw-la above_o the_o price_n of_o their_o valuation_n impose_v by_o the_o authority_n of_o the_o prince_n whereby_o every_o man_n undertake_v to_o advance_v still_o the_o price_n according_a as_o he_o see_v occasion_n to_o advance_v his_o gain_n by_o the_o necessity_n or_o use_n of_o another_o man_n that_o have_v cause_n to_o employ_v the_o money_n the_o use_n hereof_o be_v in_o many_o country_n severe_o prohibit_v and_o yet_o another_o way_n in_o a_o manner_n suffer_v for_o the_o good_a of_o their_o commonweal_n as_o those_o that_o be_v skilful_a in_o mint_n matter_n do_v very_o well_o know_v the_o price_n of_o money_n in_o general_n become_v incertain_a when_o usury_n be_v tolerate_v whereby_o one_o hundred_o pound_n be_v esteem_v and_o value_v in_o regard_n of_o time_n to_o be_v worth_a one_o hundred_o and_o ten_o pound_n and_o in_o some_o other_o country_n more_o which_o be_v the_o cause_n that_o commodity_n be_v sell_v according_o when_o day_n be_v first_o give_v for_o the_o payment_n thereof_o every_o man_n suppose_v that_o he_o can_v make_v so_o much_o of_o his_o money_n which_o do_v proceed_v of_o his_o commodity_n this_o course_n be_v tolerate_v by_o the_o law_n of_o the_o land_n make_v we_o to_o forbear_v to_o speak_v hereof_o spare_o because_o policy_n do_v think_v that_o thereby_o great_a evil_n be_v avoid_v which_o be_v compare_v to_o the_o operation_n and_o effect_n of_o usury_n write_v allegorical_o by_o i_o in_o another_o treatise_n may_v be_v balance_v in_o the_o judgement_n of_o the_o wise_a only_o to_o the_o end_n that_o through_o ignorance_n merchant_n and_o other_o may_v not_o fall_v within_o the_o compass_n of_o the_o statute_n of_o usury_n we_o have_v think_v good_a to_o give_v they_o this_o caveat_n and_o to_o make_v they_o to_o understand_v the_o true_a sense_n and_o definition_n of_o the_o branch_n of_o toleration_n of_o that_o statute_n the_o rather_o for_o that_o some_o man_n do_v seem_v to_o charge_v the_o maker_n thereof_o with_o a_o great_a absurdity_n for_o say_v they_o the_o statute_n give_v ability_n for_o a_o man_n to_o take_v one_o way_n ten_o pound_n ten_o shilling_n or_o more_o for_o the_o use_n of_o one_o hundred_o pound_n for_o one_o year_n be_v deliver_v out_o for_o two_o year_n and_o another_o way_n he_o can_v take_v ten_o pound_n five_o shilling_n and_o less_o for_o one_o year_n but_o he_o shall_v be_v within_o the_o compass_n of_o the_o statute_n but_o if_o they_o have_v a_o due_a consideration_n that_o time_n be_v proper_o the_o judge_n hereof_o and_o that_o they_o can_v not_o make_v the_o statute_n without_o the_o limitation_n of_o a_o time_n certain_a they_o will_v not_o find_v any_o absurdity_n therein_o for_o it_o be_v impossible_a to_o make_v it_o otherwise_o more_o certain_a the_o word_n of_o the_o statute_n be_v in_o effect_n none_o may_v have_v receive_v accept_v or_o take_v for_o the_o lend_n or_o forbear_v of_o his_o or_o their_o money_n for_o one_o whole_a year_n or_o for_o a_o long_o or_o a_o short_a time_n or_o for_o a_o more_o or_o less_o sum_n above_o the_o rate_n of_o 10_o pound_n pro_fw-la 100_o yearly_a 37._o h._n 8._o and_o this_o statute_n to_o be_v most_o strong_o &_o strict_o construe_v for_o the_o suppression_n of_o all_o usury_n both_o direct_o and_o indirect_o as_o by_o the_o statute_n of_o the_o 13._o of_o her_o most_o excellent_a majesty_n to_o make_v it_o evident_o appear_v that_o of_o necessity_n time_n be_v herein_o efficient_a and_o active_a and_o the_o rate_n of_o 10_o pro_fw-la 100_o positive_a and_o passive_a let_v we_o suppose_v that_o you_o do_v deliver_v at_o interest_n one_o hundred_o pound_n for_o three_o month_n after_o ten_o upon_o the_o hundred_o you_o may_v lawful_o receive_v at_o the_o three_o month_n end_n two_o pound_n ten_o shilling_n for_o your_o interest_n and_o continue_v the_o hundred_o pound_n again_o for_o other_o three_o month_n by_o a_o new_a contract_n or_o agreement_n and_o then_o receive_v again_o two_o pound_n ten_o shilling_n continue_v in_o this_o manner_n for_o the_o whole_a year_n by_o four_o several_a agreement_n whereby_o you_o do_v receive_v three_o part_n of_o your_o interest_n at_o several_a time_n within_o the_o year_n which_o interest_n you_o may_v put_v out_o also_o to_o usury_n and_o so_o take_v above_o 10_o pro_fw-la 100_o without_o incur_v the_o danger_n of_o the_o statute_n because_o your_o agreement_n have_v from_o time_n to_o time_n alter_v the_o property_n of_o the_o interest_n money_n which_o you_o do_v receive_v and_o that_o which_o before_o be_v another_o be_v thereby_o become_v you_o and_o thereof_o you_o may_v lawful_o dispose_v again_o but_o if_o you_o do_v deliver_v out_o 100_o pound_n from_o the_o begin_n for_o one_o whole_a year_n than_o you_o can_v have_v but_o 10_o pound_n interest_n for_o the_o same_o at_o the_o year_n end_v with_o your_o principal_n for_o the_o property_n of_o the_o 10_o pound_n be_v not_o till_o then_o alter_v by_o your_o agreement_n thus_o be_v it_o with_o money_n deliver_v for_o a_o short_a time_n in_o like_a manner_n be_v it_o for_o money_n deliver_v out_o for_o a_o long_a time_n as_o for_o example_n one_o deliver_v out_o a_o 100_o pound_n for_o four_o year_n for_o the_o which_o at_o the_o four_o year_n end_n he_o can_v receive_v but_o 140_o pound_n but_o if_o he_o do_v deliver_v out_o 100_o pound_n for_o one_o year_n he_o may_v at_o the_o year_n end_v receive_v 10_o pound_n for_o interest_n and_o continue_v the_o 100_o pound_n again_o for_o the_o second_o year_n by_o a_o new_a agreement_n and_o then_o receive_v another_o 10_o pound_n and_o so_o for_o the_o three_o and_o four_o year_n now_o whereas_o by_o reason_n of_o his_o several_a agreement_n according_a to_o the_o time_n he_o have_v alter_v the_o property_n of_o the_o interest_n money_n and_o receive_v 10_o pound_n the_o first_o year_n he_o may_v put_v out_o again_o this_o 10_o pound_n as_o his_o own_o for_o another_o year_n and_o so_o have_v interest_n thereof_o twenty_o shilling_n whereby_o he_o receive_v 11_o pound_n the_o second_o year_n which_o be_v put_v out_o for_o the_o three_o and_o four_o year_n will_v yield_v he_o according_o in_o like_a manner_n for_o the_o 10_o pound_n receive_v the_o second_o and_o three_o year_n which_o will_v yield_v he_o after_o the_o same_o manner_n according_o so_o that_o he_o shall_v have_v above_o 146_o pound_n be_v thus_o deliver_v out_o the_o body_n of_o his_o sum_n still_o remain_v whole_a and_o be_v only_o distinguish_v by_o time_n which_o make_v the_o difference_n again_o let_v we_o suppose_v that_o the_o 100_o pound_n be_v deliver_v out_o from_o the_o begin_n for_o four_o year_n to_o be_v repay_v by_o 25_o pound_n a_o year_n and_o the_o interest_n it_o follow_v proportionable_o that_o the_o first_o year_n he_o be_v to_o receive_v 27_o pound_n 10_o shilling_n the_o second_o year_n 30_o pound_n the_o three_o year_n 32_o pound_n 10_o shilling_n and_o the_o four_o year_n 35_o pound_n which_o make_v all_o but_o 125_o pound_n add_v unto_o this_o the_o interest_n of_o 25_o pound_n receive_v in_o deduction_n of_o his_o principal_a three_o year_n before_o the_o time_n which_o be_v 7_o pound_n 10_o shilling_n and_o of_o 25_o pound_n more_o in_o like_a manner_n for_o 2_o year_n which_o