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city_n king_n london_n say_a 5,658 4 6.9842 4 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A46306 A journal of several remarkable passages, before the Honourable House of Commons, and the Right Honourable the Lords of Their Majesties Most Honourable Privy Council: relating to the East-India trade. England and Wales. Parliament.; England and Wales. Privy Council. 1693 (1693) Wing J1097AA; ESTC R212937 49,490 71

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nation_n in_o such_o manner_n as_o to_o the_o great_a wisdom_n of_o this_o house_n shall_v seem_v most_o expedient_a and_o your_o petitioner_n shall_v ever_o pray_v etc._n etc._n this_o petition_n be_v deliver_v the_o 14_o of_o novemb_n 1692._o be_v the_o same_o day_n the_o aforesaid_a message_n from_o his_o majesty_n be_v send_v they_o wherein_o he_o acquaint_v the_o house_n that_o the_o settlement_n of_o that_o trade_n can_v not_o be_v perfect_v but_o by_o parliament_n and_o recommend_v it_o to_o they_o to_o prepare_v a_o bill_n in_o parliament_n for_o that_o purpose_n according_o they_o prepare_v a_o bill_n for_o the_o erect_v of_o a_o new_a east-india_n company_n but_o the_o perfect_a of_o the_o same_o be_v again_o prevent_v by_o the_o late_a company_n that_o honourable_a house_n make_v a_o second_o address_n to_o his_o majesty_n only_o to_o dissolve_v the_o say_a company_n which_o together_o with_o his_o majesty_n aswer_n be_v as_o follow_v sabbati_fw-la 25_o die_v februarii_fw-la 1692._o resolve_v that_o a_o humble_a address_n be_v present_v to_o his_o majesty_n that_o he_o will_v dissolve_v the_o east-india_n company_n upon_o three_o year_n warn_v to_o the_o say_a company_n according_a to_o the_o power_n reserve_v in_o their_o charter_n resolve_v that_o the_o say_a address_n be_v present_v by_o the_o whole_a house_n veneris_fw-la 30_o die_v martis_n 1692._o mr._n speaker_n report_v to_o the_o house_n that_o he_o do_v yesterday_o present_a to_o his_o majesty_n their_o address_n touch_v the_o east-india_n company_n and_o that_o his_o majesty_n be_v please_v to_o express_v himself_o to_o this_o effect_n viz._n gentleman_n i_o will_v always_o do_v all_o the_o good_a in_o my_o power_n for_o this_o kingdom_n and_o i_o will_v consider_v your_o address_n soon_o after_o the_o rise_n of_o the_o parliament_n it_o be_v general_o report_v regulation_n be_v agree_v on_o to_o establish_v the_o late_a company_n add_v 756000_o l._n to_o their_o stock_n by_o new_a subscription_n without_o any_o security_n which_o sum_n with_o their_o suppose_a 744000_o l._n shall_v make_v a_o stock_n of_o 1500000_o l._n be_v what_o the_o house_n of_o commons_o have_v voted_n a_o fund_z necessary_a to_o carry_v on_o that_o trade_n the_o member_n of_o the_o company_n have_v give_v assurance_n that_o the_o 756000_o l._n will_v be_v ready_o subscribe_v among_o themselves_o on_o those_o term_n if_o other_o shall_v decline_v it_o a_o new_a charter_n be_v thereupon_o order_v to_o be_v prepare_v and_o it_o be_v give_v out_o that_o all_o person_n be_v satisfy_v with_o and_o agree_v to_o these_o regulation_n and_o particular_o that_o they_o be_v approve_v of_o by_o all_o or_o the_o most_o of_o those_o who_o have_v be_v entrust_v to_o procure_v the_o settlement_n of_o this_o trade_n in_o a_o new_a company_n establish_v by_o act_n of_o parliament_n but_o they_o be_v far_o from_o approve_v any_o such_o proceed_n think_v themselves_o concern_v to_o vindicate_v their_o own_o reputation_n lest_o they_o shall_v be_v censure_v as_o consent_v thereunto_o and_o so_o to_o have_v betray_v that_o trust_n which_o be_v repose_v in_o they_o viz._n to_o endeavour_v the_o obtain_v the_o establishment_n of_o a_o new_a company_n for_o that_o trade_n by_o act_n of_o parliament_n with_o a_o new_a and_o sufficient_a joint-stock_n free_a of_o all_o encumbrance_n therefore_o they_o resolve_v to_o petition_v his_o majesty_n in_o which_o all_o those_o who_o first_o engage_v in_o the_o prosecution_n of_o that_o business_n concur_v except_v one_o who_o desire_v to_o be_v excuse_v and_o another_o who_o have_v already_o change_v his_o mind_n act_v in_o behalf_n of_o the_o late_a company_n in_o opposition_n to_o what_o he_o have_v at_o first_o undertake_v the_o petition_n be_v deliver_v the_o 23_o of_o march_n as_o follow_v viz._n to_o the_o king_n be_v most_o excellent_a majesty_n the_o humble_a petition_n of_o divers_a merchant_n and_o other_o of_o the_o city_n of_o london_n show_n that_o the_o petitioner_n with_o many_o other_o after_o their_o humble_a application_n first_o make_v to_o your_o majesty_n do_v prefer_v their_o petition_n to_o the_o commons_o of_o england_n in_o parliament_n assemble_v the_o two_o last_o session_n for_o the_o establish_n a_o new_a east-india_n company_n and_o preserve_v that_o trade_n to_o the_o nation_n whereupon_o two_o address_n to_o your_o majesty_n ensue_v from_o the_o say_a house_n now_o in_o as_o much_o as_o the_o petitioner_n do_v most_o humble_o conceive_v that_o such_o a_o establishment_n by_o a_o new_a free_a and_o national_a subscription_n for_o the_o raise_v a_o sufficient_a and_o real_a fund_z to_o carry_v on_o that_o trade_n will_v be_v of_o great_a advantage_n to_o this_o kingdom_n and_o most_o acceptable_a to_o your_o majesty_n subject_n in_o general_a and_o that_o the_o add_v new_a subscription_n to_o the_o imaginary_a stock_n of_o the_o present_a company_n will_v expose_v such_o of_o your_o majesty_n subject_n as_o shall_v join_v with_o they_o to_o a_o certain_a great_a loss_n and_o damage_n and_o their_o new_a money_n become_v liable_a to_o pay_v the_o debt_n and_o demand_n due_a from_o the_o present_a company_n whereby_o all_o the_o stock_n raise_v by_o such_o new_a subscription_n may_v be_v swallow_v up_o and_o consequent_o the_o entire_a loss_n of_o that_o trade_n endanger_v the_o petitioner_n therefore_o most_o humble_o pray_v that_o your_o majesty_n out_o of_o your_o princely_a care_n for_o the_o good_a of_o your_o people_n will_v be_v gracious_o please_v to_o take_v the_o same_o into_o consideration_n so_o that_o the_o aforesaid_a mischief_n may_v be_v prevent_v and_o all_o your_o majesty_n subject_n make_v partaker_n of_o the_o benefit_n of_o that_o trade_n upon_o equal_a term_n and_o your_o petitioner_n as_o in_o duty_n bind_v shall_v ever_o pray_v etc._n etc._n the_o parliament_n have_v tax_v several_a joint-stock_n the_o last_o session_n and_o among_o other_o the_o joint-stock_n of_o the_o east-india_n company_n and_o rate_v it_o at_o 744000_o l._n and_o the_o member_n of_o the_o east-india_n company_n who_o be_v of_o that_o honourable_a house_n plead_v to_o excuse_v that_o tax_n that_o their_o stock_n will_v be_v worth_a little_a or_o nothing_o if_o they_o pay_v their_o debt_n it_o be_v thereupon_o enact_v as_o follow_v and_o in_o case_n the_o governor_n and_o treasurer_n of_o the_o say_v respective_a company_n shall_v make_v default_n in_o payment_n of_o the_o say_v several_a sum_n or_o any_o of_o they_o respective_o charge_v on_o the_o stock_n of_o the_o say_a company_n at_o the_o day_n and_o time_n aforesaid_a according_a to_o the_o true_a intent_n of_o this_o act_n the_o charter_n of_o such_o company_n respective_o shall_v be_v and_o be_v hereby_o adjudge_v to_o be_v void_a the_o company_n nevertheless_o make_v default_n in_o pay_v the_o first_o quarterly_a payment_n of_o the_o say_a tax_n on_o the_o 25_o of_o march_n be_v the_o day_n limit_v in_o that_o act_n whereby_o their_o charter_n become_v absolute_o void_a which_o put_v a_o stop_n to_o the_o further_o proceed_v of_o their_o intend_a new_a charter_n hereupon_o it_o be_v general_o conclude_v this_o accident_n will_v have_v give_v a_o favourable_a opportunity_n for_o the_o speedy_a settlement_n of_o that_o trade_n on_o such_o a_o foundation_n as_o the_o house_n of_o commons_o have_v desire_v and_o the_o nation_n expect_v which_o have_v before_o be_v so_o long_o obstruct_v by_o the_o late_a company_n see_v they_o be_v now_o dissolve_v by_o their_o own_o act_n and_o thereby_o the_o difficulty_n of_o the_o three_o year_n warn_v be_v whole_o remove_v but_o those_o hope_n be_v soon_o dissipate_v order_n be_v give_v for_o the_o draw_v a_o new_a charter_n to_o restore_v to_o the_o late_a company_n not_o only_o their_o former_a grant_n but_o to_o establish_v new_a regulation_n appoint_v 756000_o l._n to_o be_v add_v by_o new_a subscription_n to_o their_o suppose_a 744000_o l._n without_o any_o security_n to_o be_v give_v to_o make_v their_o stock_n worth_n it_o in_o like_a manner_n as_o it_o be_v resolve_v to_o have_v be_v do_v if_o their_o charter_n have_v not_o be_v forfeit_v upon_o which_o those_o who_o have_v be_v entrust_v to_o obtain_v the_o establishment_n of_o a_o new_a east-india_n company_n by_o act_n of_o parliament_n enter_v caveat_n at_o all_o the_o office_n against_o the_o pass_v any_o grant_n to_o the_o say_a company_n that_o so_o nothing_o may_v be_v want_v on_o their_o part_n to_o oppose_v it_o but_o the_o difficulty_n be_v so_o great_a in_o model_v such_o a_o charter_n as_o be_v propose_v that_o after_o some_o time_n spend_v at_o last_o it_o be_v judge_v most_o practicable_a and_o expeditious_a first_o to_o grant_v a_o charter_n of_o incorporation_n and_o restoration_n and_o afterward_o to_o add_v to_o it_o the_o other_o intend_v regulation_n notice_n be_v send_v to_o those_o who_o be_v concern_v in_o the_o caveat_n that_o they_o
a_o journal_n of_o several_a remarkable_a passage_n before_o the_o honourable_a house_n of_o commons_o and_o the_o right_n honourable_a the_o lord_n of_o their_o majesty_n most_o honourable_a privy_a council_n relate_v to_o the_o east-india_n trade_n the_o ruinous_a condition_n of_o our_o trade_n to_o the_o east-indies_n have_v put_v several_a merchant_n and_o other_o upon_o consider_v by_o what_o mean_v so_o advantageous_a and_o profitable_a a_o trade_n may_v be_v secure_v from_o be_v utter_o lose_v to_o this_o kingdom_n and_o if_o possible_a be_v re-establisht_a it_o be_v conclude_v that_o the_o most_o likely_a way_n to_o obtain_v that_o end_n be_v to_o endeavour_v the_o procure_v a_o act_n of_o parliament_n for_o establish_v a_o new_a east-india_n company_n found_v on_o a_o new_a and_o sufficient_a national_a joint-stock_n clear_a of_o all_o encumbrance_n whereupon_o those_o merchant_n prepare_v the_o follow_a petition_n which_o be_v deliver_v to_o the_o honourable_a house_n of_o commons_o the_o 23_o october_n 1691._o pray_v such_o a_o establishment_n to_o the_o honourable_a the_o commons_o of_o england_n in_o parliament_n assemble_v the_o humble_a petition_n of_o several_a merchant_n and_o trader_n in_o and_o about_o the_o city_n of_o london_n and_o other_o their_o majesty_n subject_n show_n that_o the_o trade_n to_o east_n india_n be_v of_o great_a importance_n to_o this_o nation_n and_o yet_o by_o the_o manifold_a abuse_n and_o unlawful_a practice_n of_o the_o present_a east_n india_n company_n both_o at_o home_n and_o abroad_o who_o have_v manage_v the_o same_o only_a for_o their_o private_a gain_n without_o any_o regard_n to_o the_o public_a good_a the_o say_a trade_n be_v like_a to_o be_v utter_o lose_v to_o this_o kingdom_n and_o to_o fall_v into_o the_o hand_n of_o foreiner_n unless_o timely_o prevent_v by_o some_o better_a regulation_n thereof_o on_o a_o new_a joint-stock_n and_o constitution_n your_o petitioner_n therefore_o most_o humble_o pray_v this_o honourable_a house_n for_o prevent_v so_o national_a a_o mischief_n to_o take_v into_o your_o consideration_n the_o establish_v a_o new_a east-india_n company_n in_o such_o manner_n and_o with_o such_o power_n and_o limitation_n as_o in_o your_o great_a wisdom_n shall_v be_v think_v most_o conduce_v to_o the_o preservation_n of_o so_o beneficial_a a_o trade_n to_o this_o kingdom_n and_o your_o petitioner_n shall_v ever_o pray_v etc._n etc._n this_o petition_n be_v sign_v by_o a_o great_a number_n of_o gentleman_n merchant_n and_o other_o trader_n who_o together_o with_o several_a noble_a lord_n show_v their_o willingness_n to_o promote_v so_o good_a a_o work_n and_o to_o be_v concern_v the_o several_a sum_n by_o they_o subscribe_v towards_o raise_v such_o a_o stock_n to_o carry_v on_o that_o trade_n make_v it_o their_o request_n to_o those_o person_n who_o have_v engage_v themselves_o therein_o to_o pursue_v their_o endeavour_n to_o procure_v such_o a_o establishment_n as_o appear_v by_o a_o write_v sign_v to_o that_o effect_n copy_n whereof_o follow_v whereas_o the_o trade_n to_o east-india_n be_v of_o very_o great_a importance_n to_o this_o nation_n and_o yet_o through_o the_o many_o abuse_n and_o unlawful_a practice_n of_o the_o manager_n of_o the_o present_a joint_a stock_n both_o at_o home_n and_o abroad_o be_v like_a to_o be_v utter_o lose_v if_o some_o speedy_a care_n be_v not_o take_v by_o application_n to_o their_o majesty_n and_o the_o parliament_n to_o procure_v a_o regular_a and_o lawful_a establishment_n of_o the_o same_o which_o can_v be_v complete_v without_o a_o new_a and_o sufficient_a national_a joint-stock_n clear_a of_o all_o encumbrance_n and_o whereas_o divers_a eminent_a merchant_n and_o trader_n in_o and_o about_o the_o city_n of_o london_n be_v according_o endeavour_v to_o procure_v such_o a_o establishment_n for_o the_o benefit_n and_o advantage_n of_o all_o person_n who_o shall_v or_o will_v be_v concern_v in_o the_o say_a trade_n we_o the_o subscriber_n be_v willing_a to_o promote_v so_o good_a a_o work_n and_o desirous_a to_o preserve_v a_o trade_n so_o high_o beneficial_a to_o their_o majesty_n and_o this_o kingdom_n in_o general_n do_v hereby_o several_o promise_v and_o oblige_v ourselves_o so_o soon_o as_o such_o establishment_n shall_v be_v make_v to_o pay_v the_o several_a sum_n of_o money_n by_o we_o subscribe_v towards_o raise_v the_o say_a stock_n at_o such_o time_n and_o place_n as_o a_o committee_n to_o be_v choose_v by_o the_o major_a part_n of_o we_o the_o subscriber_n shall_v direct_v and_o appoint_v and_o we_o do_v hereby_o make_v it_o our_o request_n to_o those_o person_n who_o have_v engage_v themselves_o by_o a_o certain_a write_n under_o their_o hand_n bear_v date_n the_o 8_o instant_a to_o endeavour_v the_o procure_v such_o establishment_n to_o pursue_v those_o their_o endeavour_n to_o perfect_a and_o complete_a the_o same_o and_o we_o do_v hereby_o further_o promise_n to_o allow_v and_o pay_v they_o out_o of_o the_o say_v joint_a stock_n when_o the_o same_o shall_v be_v settle_v as_o aforesaid_a all_o such_o sum_n of_o money_n as_o shall_v be_v think_v necessary_a by_o they_o to_o be_v lay_v out_o and_o disburse_v in_o obtain_v the_o say_a establishment_n according_a to_o the_o true_a intent_n and_o meaning_n of_o this_o preamble_n so_o as_o the_o account_n thereof_o be_v allow_v and_o sign_v by_o the_o major_a part_n of_o those_o who_o have_v subscribe_v the_o write_n above_o mention_v the_o honourable_a house_n of_o commons_o show_v a_o very_a great_a inclination_n and_o readiness_n to_o promote_v a_o undertake_n so_o necessary_a and_o advantageous_a to_o this_o kingdom_n and_o make_v a_o considerable_a progress_n therein_o but_o find_v themselves_o prevent_v in_o the_o accomplishment_n of_o it_o as_o well_o by_o the_o press_a occasion_n of_o other_o public_a affair_n as_o by_o the_o great_a opposition_n of_o the_o then_o company_n they_o present_v to_o his_o 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that_o it_o can_v not_o be_v expect_v he_o shall_v give_v a_o present_a answer_n to_o it_o but_o that_o he_o will_v take_v time_n to_o consider_v of_o it_o and_o in_o a_o short_a time_n give_v they_o his_o positive_a answer_n whereupon_o his_o majesty_n during_o the_o recess_n of_o the_o parliament_n refer_v the_o consideration_n of_o the_o settlement_n of_o that_o trade_n to_o a_o committee_n of_o the_o lord_n of_o his_o most_o honourable_a privy_a council_n who_o be_v likewise_o prevent_v therein_o by_o the_o then_o company_n as_o may_v appear_v by_o the_o regulation_n which_o their_o lordship_n propose_v to_o they_o and_o their_o answer_n together_o with_o his_o majesty_n message_n send_v to_o the_o house_n of_o commons_o the_o last_o session_n complain_v of_o their_o carriage_n upon_o that_o occasion_n all_o which_o be_v late_o print_v it_o will_v be_v needless_a to_o repeat_v they_o the_o merchant_n who_o be_v entrust_v in_o endeavour_v to_o obtain_v the_o establishment_n of_o a_o new_a east-india_n company_n by_o act_n of_o parliament_n deliver_v another_o petition_n to_o the_o honourable_a house_n of_o commons_o in_o the_o next_o session_n as_o follow_v viz._n to_o the_o honourable_a the_o knight_n citizens_z and_o burgess_n in_o parliament_n assemble_v the_o humble_a petition_n of_o several_a merchant_n and_o trader_n in_o and_o about_o london_n and_o other_o their_o majesty_n subject_n show_n that_o the_o petitioner_n with_o many_o other_o do_v in_o the_o last_o session_n of_o parliament_n make_v their_o humble_a application_n to_o this_o honourable_a house_n for_o the_o erect_v a_o new_a east-india_n company_n to_o preserve_v that_o trade_n which_o for_o want_v of_o settlement_n be_v in_o great_a measure_n lose_v to_o this_o kingdom_n will_v whole_o fall_v into_o the_o hand_n of_o our_o neighbour_n unless_o timely_o prevent_v the_o petitioner_n therefore_o humble_o pray_v this_o honourable_a house_n to_o take_v into_o consideration_n the_o erect_v of_o a_o new_a east-india_n company_n for_o the_o retrieve_v and_o secure_v that_o trade_n to_o this_o