for_o anno_fw-la 1693._o grant_v for_o the_o war_n 3,471,482_o 16_o 01_o for_o anno_fw-la 1694._o grant_v for_o the_o war_n 5,030,581_o 09_o 09_o for_o anno_fw-la 1695._o grant_v for_o the_o war_n 4,883,120_o 00_o 06_o for_o anno_fw-la 1696._o grant_v for_o the_o war_n and_o to_o make_v good_a some_o deficience_n and_o to_o make_v good_a the_o clip_v money_n and_o for_o the_o civil_a list_n and_o french_a protestant_n 7,961,469_o 00_o 00_o for_o anno_fw-la 1697._o there_o be_v grant_v for_o the_o war_n and_o to_o make_v good_a the_o deficience_n of_o former_a fund_n and_o for_o the_o civil_a list_n and_o french_a protestant_n 11,887,160_o 00_o 9¼_n carry_v over_o 45,746,182_o 00_o 5_o ¼_n  _fw-fr l._n s._n d._n bring_v over_o 45,746,182_o 00_o 05¼_n for_o anno_fw-la 1698._o there_o be_v fund_n give_v amount_v to_o about_o 4,500,000_o 00_o 00_o ordinary_a revenue_n of_o the_o crown_n reckon_v at_o a_o million_o per_fw-la annum_fw-la by_o a_o medium_fw-la during_o these_o ten_o year_n may_v produce_v in_o the_o whole_a about_o 10,000,000_o 00_o 00_o  _fw-fr in_o all_o 60,246,182_o 00_o 5¼_n  _fw-fr  _fw-fr l._n s._n d._n bring_v over_o 60,246,182_o 00_o 5¼_n but_o in_o these_o article_n several_a sum_n be_v twice_o reckon_v as_o for_o example_n where_o one_o fund_z be_v take_v away_o and_o another_o give_v in_o its_o place_n and_o where_o fund_n have_v be_v grant_v to_o supply_v the_o deficiency_n of_o other_o fund_n for_o which_o article_n there_o may_v be_v deduct_v about_o 7,000,000_o l._n 12,000,000_o 00_o 00_o and_o the_o ordinary_a crown-revenue_n may_v be_v charge_v during_o that_o time_n towards_o the_o war_n with_o about_o 5,000,000_o l._n so_o that_o there_o have_v be_v actual_o grant_v but_o about_o 48,246,182_o 00_o 5¼_n it_o be_v not_o pretend_v that_o the_o forego_n account_n be_v exact_a to_o a_o tittle_n but_o according_a to_o the_o best_a information_n we_o be_v able_a to_o procure_v they_o be_v as_o near_o the_o truth_n as_o be_v requisite_a in_o our_o present_a argument_n have_v show_v what_o have_v be_v grant_v in_o fond_n we_o shall_v now_o show_v what_o be_v intend_v by_o the_o parliament_n and_o for_o five_o year_n very_o little_o more_o demand_v for_o the_o fleet_n and_o army_n  _fw-fr l._n s._n d._n for_o anno_fw-la 1689_o 3,295,628_o 04_o 05_o for_o anno_fw-la 1690_o 4,010,760_o 06_o 07_o for_o anno_fw-la 1691_o 4,172,393_o 09_o 07½_n for_o anno_fw-la 1692_o 3,629,439_o 12_o 03_o for_o anno_fw-la 1693_o 4,117,080_o 09_o 06_o for_o anno_fw-la 1694_o 5,030,581_o 09_o 09_o for_o anno_fw-la 1695_o 4,883,120_o 00_o 06_o for_o anno_fw-la 1696_o 5,024,854_o 04_o 11_o for_o anno_fw-la 1697_o 4,880,078_o 19_o 11_o for_o anno_fw-la 1698_o 1,300,000_o 00_o 00_o  _fw-fr 40,343,936_o 17_o 05_o ½_o note_n that_o from_o anno_fw-la 1693_o inclusive_a to_o anno_fw-la 1697_o inclusive_a the_o difference_n between_o what_o be_v demand_v by_o the_o minister_n and_o grant_v by_o the_o parliament_n for_o the_o fleet_n and_o army_n during_o those_o five_o year_n amount_v in_o the_o whole_a time_n but_o to_o 1,465,623_o l._n 19_o s._n 9½_n d._n suppose_v the_o expense_n of_o the_o civil_a list_n from_o 1689_o inclusive_a to_o 1698_o inclusive_a to_o have_v be_v one_o year_n with_o another_o 600,000_o l._n per_fw-la annum_fw-la  _fw-fr l._n s._n d._n the_o expense_n of_o the_o civil_a list_n then_o in_o ten_o year_n may_v have_v be_v 6,000,000_o 00_o 00_o towards_o which_o the_o ordinary_a revenue_n of_o the_o crown_n beside_o what_o it_o be_v charge_v with_o to_o the_o war_n may_v have_v yield_v about_o 5,000,000_o 00_o 00_o but_o in_o 1696_o and_o in_o 1697_o there_o be_v grant_v by_o the_o parliament_n for_o the_o civil_a list_n per_fw-la annum_fw-la 500,000_o l._n in_o the_o whole_a 1,000,000_o 00_o 00_o so_o that_o in_o this_o computation_n the_o expense_n of_o the_o civil_a list_n be_v to_o be_v reckon_v at_o but_o 5,000,000_o 00_o 00_o and_o the_o account_n of_o england_n may_v run_v thus_o  _fw-fr l._n s._n d._n actual_o grant_v 48,246,182_o 00_o 05¼_n expense_n of_o the_o war_n l._n s._n d._n 45,343,936_o 17_o 05½_n 40,343,936_o 17_o 05½_n expense_n of_o the_o civil_a list_n 5,000,000_o 00_o 00_o remain_n 2,902,245_o 02_o 11¾_n so_o that_o except_o in_o the_o article_n of_o interest_n money_n and_o except_v in_o the_o article_n of_o 1,465,623_o l._n 19_o s._n 09½_n d._n in_o which_o the_o demand_n of_o the_o minister_n for_o the_o state_n of_o the_o war_n exceed_v what_o be_v grant_v by_o the_o parliament_n the_o expense_n of_o the_o government_n seem_v to_o have_v be_v full_o supply_v and_o that_o there_o remain_v a_o overbalance_n of_o 2,902,245_o l._n to_o be_v account_v for_o now_o as_o to_o interest-money_n for_o the_o 5,000,000_o l._n with_o which_o the_o crown-revenue_n may_v have_v be_v charge_v towards_o the_o war_n those_o fond_n most_o of_o they_o have_v and_o will_v answer_v the_o principal_a and_o all_o the_o interest_n allow_v by_o parliament_n and_o other_o interest_n which_o several_a fond_n fall_v short_a of_o satisfy_v have_v be_v in_o a_o great_a measure_n make_v good_a by_o the_o supply_n of_o 7,000,000_o l._n grant_v to_o answer_v deficiency_n and_o as_o to_o the_o state_n of_o the_o war_n have_v exceed_v what_o be_v grant_v in_o balance_v the_o general_a account_n this_o article_n ought_v to_o be_v consider_v if_o during_o the_o whole_a war_n the_o muster-roll_n have_v be_v full_a and_o if_o all_o along_o we_o have_v have_v our_o compliment_n of_o ship_n and_o seaman_n according_a to_o that_o state_n of_o the_o war_n which_o be_v every_o year_n lay_v before_o the_o parliament_n but_o upon_o the_o whole_a matter_n consider_v what_o have_v be_v grant_v and_o what_o may_v probable_o have_v be_v expend_v there_o seem_v good_a reason_n to_o think_v that_o the_o public_a of_o england_n if_o all_o account_n be_v narrow_o inspect_v can_v be_v much_o in_o arrear_n either_o to_o the_o fleet_n army_n or_o to_o the_o civil_a list_n so_o that_o if_o there_o shall_v remain_v any_o great_a arrear_n in_o all_o likelihood_n it_o must_v chief_o arise_v from_o exorbitant_a premium_n unwarrantable_a interest_n and_o other_o way_n of_o lay_v out_o money_n hurtful_a to_o the_o king_n and_o destructive_a to_o the_o people_n the_o rough_a draught_n of_o our_o general_a account_n here_o give_v which_o be_v as_o perfect_a as_o a_o by-stander_n only_o can_v procure_v may_v perhaps_o afford_v some_o little_a help_n to_o such_o as_o will_v think_v of_o these_o affair_n and_o this_o rude_a model_n may_v contribute_v towards_o the_o form_n of_o a_o better_a scheme_n the_o forty_o eight_o million_o grant_v as_o we_o have_v say_v by_o parliament_n for_o the_o several_a year_n from_o 1689_o to_o 1698_o inclusive_a have_v not_o be_v actual_o levy_v to_o state_n exact_o how_o much_o of_o it_o have_v be_v already_o raise_v and_o what_o proportion_n of_o it_o remain_v secure_v by_o remote_a fond_n be_v not_o to_o be_v do_v without_o great_a help_n than_o the_o writer_n of_o these_o paper_n can_v come_v at_o but_o so_o far_o we_o know_v and_o may_v affirm_v safe_o that_o a_o great_a part_n of_o the_o product_n of_o land_n our_o trade_n and_o manufacture_n remain_v still_o mortgage_v for_o upward_o of_o twenty_o million_o two_o of_o the_o nine_o pence_n on_o beer_n and_o ale_n be_v to_o be_v esteem_v as_o a_o perpetuity_n the_o three_o nine_o penny_n be_v engage_v for_o a_o long_a term_n of_o time_n the_o first_o duty_n upon_o salt_n can_v be_v look_v upon_o no_o better_a than_o as_o a_o perpetual_a fond_a the_o new_a custom_n continue_a act_n and_o joint-stock_n the_o duty_n on_o marriage_n birth_n etc._n etc._n the_o first_o duty_n on_o stamp_v paper_n the_o duty_n on_o window_n half_o the_o duty_n on_o glass-ware_n the_o new_a duty_n on_o whale-fin_n and_o scotch_a linen_n be_v continue_v to_o the_o first_o of_o august_n 1706._o the_o last_o duty_n upon_o salt_n and_o stamp_v paper_n be_v perpetuity_n there_o be_v a_o further_a subsidy_n of_o tonnage_n and_o poundage_n grant_v from_o the_o last_o of_o january_n 1699._o for_o his_o majesty_n life-time_n and_o the_o imposition_n upon_o malt_n leather_n and_o paper_n be_v not_o expire_v to_o imagine_v we_o can_v buy_v off_o and_o redeem_v in_o any_o moderate_a time_n all_o these_o perpetuity_n or_o long_a fond_n be_v a_o vain_a hope_n but_o this_o may_v be_v lay_v down_o for_o a_o certain_a truth_n that_o england_n will_v never_o flourish_v in_o trade_n and_o manufacture_n till_o the_o great_a part_n of_o they_o be_v clear_v and_o till_o our_o affair_n be_v bring_v to_o such_o a_o posture_n that_o we_o may_v not_o pay_v to_o the_o government_n either_o for_o the_o support_n of_o the_o crown_n or_o on_o account_n of_o fond_n where_o the_o principal_a be_v sink_v above_o 2,300,000_o l._n per_fw-la annum_fw-la or_o about_o a_o twenty_o part_n
the_o public_a that_o tax_n make_v money_n circulate_v that_o it_o import_v not_o what_o a_o pay_v when_o b_o be_v to_o receive_v it_o but_o we_o hope_v to_o show_v that_o they_o who_o argue_v in_o this_o manner_n be_v very_o much_o mistake_v we_o have_v former_o touch_v upon_o this_o matter_n in_o the_o discourse_n on_o the_o revenue_n 198._o and_o trade_n of_o england_n to_o which_o we_o refer_v the_o reader_n but_o the_o necessity_n of_o our_o present_a argument_n compel_v we_o here_o to_o handle_v this_o point_n something_o more_o at_o large_a all_o nation_n have_v a_o certain_a annual_a income_n upon_o which_o the_o people_n live_v and_o subsist_v out_o of_o which_o tax_n of_o all_o kind_n arise_v which_o income_n we_o take_v to_o be_v since_o the_o war_n in_o england_n 43,000,000_o l._n per_fw-la an._n in_o france_n 81,000,000_o l._n per_fw-la an._n in_o holland_n 18,250,000_o l._n per_fw-la an._n and_o we_o must_v beg_v leave_n to_o repeat_v in_o this_o place_n something_o which_o we_o have_v lay_v down_o in_o those_o tract_n 195._o that_o to_o nourish_v the_o mass_n of_o mankind_n as_o to_o their_o annual_a expense_n in_o the_o way_n and_o form_n of_o live_v practise_v in_o each_o of_o the_o three_o country_n such_o a_o innual_a income_n be_v necessary_a as_o be_v set_v down_o in_o the_o forego_n scheme_n by_o annual_a income_n we_o mean_v the_o whole_a that_o arise_v in_o any_o country_n from_o land_n and_o its_o product_n from_o foreign_a trade_n and_o domestic_a business_n as_o art_n manufacture_n etc._n etc._n and_o by_o annual_a expense_n we_o understand_v what_o be_v of_o necessity_n consume_v to_o cloth_n and_o feed_v the_o people_n or_o what_o be_v requisite_a for_o their_o defence_n in_o time_n of_o war_n or_o for_o their_o ornament_n in_o time_n of_o peace_n and_o where_o the_o annual_a income_n exceed_v the_o expense_n there_o be_v a_o superlucration_n arise_v which_o may_v be_v call_v wealth_n or_o national_a stock_n the_o revenue_n of_o the_o government_n be_v a_o part_n of_o this_o annual_a income_n as_o likewise_o a_o part_n of_o its_o expense_n and_o where_o it_o bear_v too_o large_a a_o proportion_n with_o the_o whole_a as_o in_o france_n the_o common_a people_n must_v be_v miserable_a and_o burden_v with_o heavy_a tax_n that_o part_n of_o the_o prince_n revenue_n that_o nourish_v his_o own_o person_n be_v very_o little_a but_o in_o great_a monarchy_n where_o numerous_a army_n large_a fleet_n and_o pompous_a court_n be_v maintain_v there_o the_o expense_n swell_v high_a insomuch_o that_o to_o the_o maintenance_n of_o the_o govern_v part_n viz._n the_o prince_n his_o officer_n of_o state_n military_a power_n etc._n etc._n which_o be_v not_o in_o time_n of_o peace_n above_o one_o 26_o of_o the_o whole_a there_o be_v require_v near_o the_o nine_o penny_n of_o the_o annual_a income_n and_o in_o such_o country_n the_o govern_v part_n be_v rich_a or_o at_o their_o ease_n but_o the_o other_o 25_o part_n who_o be_v the_o body_n of_o the_o people_n must_v be_v oppress_v with_o tax_n as_o may_v be_v observe_v in_o the_o french_a dominion_n and_o this_o hold_v more_o strong_o where_o the_o public_a debt_n make_v the_o payment_n of_o a_o six_o part_n of_o the_o annual_a income_n necessary_a which_o for_o some_o time_n be_v like_a to_o be_v the_o case_n of_o france_n to_o explain_v these_o assertion_n shall_v be_v the_o subject_a of_o this_o section_n whereby_o it_o will_v appear_v how_o much_o the_o balance_n of_o trade_n may_v be_v affect_v by_o our_o payment_n to_o the_o public_a we_o shall_v endeavour_v to_o show_v in_o the_o last_o section_n that_o the_o wealth_n of_o a_o country_n do_v in_o a_o great_a measure_n proceed_v from_o a_o right_a administration_n of_o its_o affair_n however_o it_o may_v happen_v sometime_o to_o increase_v in_o riches_n where_o thing_n be_v in_o the_o main_a ill_o administer_v as_o england_n do_v to_o the_o year_n 1688_o in_o the_o two_o reign_n that_o precede_v this_o but_o whoever_o look_v careful_o into_o the_o true_a reason_n why_o we_o grow_v so_o fast_o in_o wealth_n during_o those_o eight_o and_o twenty_o year_n will_v find_v it_o be_v because_o we_o pay_v all_o that_o time_n but_o small_a tax_n and_o duty_n to_o the_o government_n comparative_o with_o other_o nation_n for_o in_o 1688._o our_o gross_a payment_n to_o the_o public_a in_o which_o charge_n of_o management_n be_v include_v do_v not_o exceed_v 2,300,000_o per_fw-la annum_fw-la which_o be_v but_o little_a above_o one_o 20_o part_n of_o the_o then_o 44,000,000_o an._n inc._n but_o our_o case_n be_v very_o much_o alter_v now_o and_o since_o that_o year_n a_o great_a many_o new_a revenue_n have_v be_v erect_v we_o still_o pay_v the_o old_a excise_n the_o custom_n and_o post-mony_n beside_o which_o there_o be_v lay_v additional_a duty_n upon_o beer_n ale_n and_o other_o liquid_n additional_a custom_n the_o continue_a act_n and_o joint_a stock_n duty_n on_o marriage_n etc._n etc._n double_a duty_n on_o stamp_v paper_n duty_n on_o hackney_n coach_n on_o malt._n the_o double_a tonnage_n the_o former_a and_o last_o duty_n upon_o salt_n the_o duty_n on_o window_n upon_o leather_n paper_n and_o coal_n the_o old_a and_o new_a imposition_n of_o all_o kind_n reckon_v together_o and_o including_z the_o new_a poll_n and_o the_o 3_o shilling_n aid_v it_o will_v be_v find_v that_o there_o be_v collect_v from_o the_o people_n about_o 5,500,000_o last_o year_n which_o be_v above_o one_o eight_o part_n of_o our_o present_n 43,000,000_o an._n inc._n during_o all_o the_o war_n there_o have_v be_v levy_v here_o great_a sum_v every_o year_n and_o many_o of_o the_o forementioned_a fond_n be_v to_o continue_v so_o long_o that_o it_o will_v be_v several_a year_n before_o our_o annual_a payment_n can_v be_v considerable_o diminish_v and_o there_o be_v such_o a_o difference_n between_o a_o twenty_o and_o a_o eight_o or_o indeed_o a_o ten_o or_o a_o twelve_o part_n which_o yet_o we_o shall_v not_o come_v at_o in_o some_o time_n as_o must_v inevitable_o affect_v the_o nation_n be_v trade_n and_o the_o whole_a body_n of_o its_o people_n when_o there_o be_v raise_v no_o more_o than_o about_o a_o twenty_o part_n there_o be_v great_a sum_n of_o money_n to_o circulate_v in_o foreign_a traffic_n and_o to_o employ_v in_o enlarge_n our_o home-manufacture_n which_o two_o fountain_n of_o our_o wealth_n must_v be_v dry_a when_o the_o spring_n that_o heretofore_o feed_v they_o be_v divert_v and_o let_v into_o another_o channel_n there_o be_v scarce_o any_o of_o these_o new_a revenue_n which_o do_v not_o give_v trade_n some_o desperate_a wound_n the_o additional_a duty_n on_o beer_n and_o ale_n and_o the_o tax_n upon_o malt_n be_v apparent_o a_o burden_n upon_o the_o woollen_a manufacture_n affect_v the_o carder_n spinner_n weaver_n and_o the_o dyer_n who_o all_o of_o they_o must_v be_v raise_v in_o their_o wage_n when_o the_o necessary_n of_o life_n be_v raise_v to_o they_o the_o consequence_n of_o which_o will_v be_v that_o our_o woollen_a good_n must_v come_v at_o a_o heavy_a and_o disadvantageous_a price_n into_o the_o foreign_a market_n there_o be_v no_o man_n will_v pretend_v that_o high_a custom_n be_v not_o pernicious_a to_o our_o commerce_n abroad_o a_o nation_n be_v not_o gainer_n in_o the_o general_a balance_n of_o trade_n by_o the_o deal_v of_o a_o few_o who_o be_v able_a to_o employ_v in_o it_o great_a stock_n such_o may_v make_v to_o themselves_o a_o immense_a gain_n but_o they_o go_v but_o a_o little_a towards_o enrich_v the_o whole_a public_a which_o seldom_o thrive_v but_o when_o in_o a_o manner_n the_o universal_a people_n bend_v their_o thought_n to_o this_o sort_n of_o business_n when_o every_o one_o be_v ready_a with_o his_o small_a stock_n and_o little_a sum_n to_o venture_v and_o rove_v about_o the_o world_n of_o these_o some_o prosper_v and_o other_o be_v undo_v however_o in_o the_o way_n of_o merchandise_n man_n who_o do_v not_o thrive_v themselves_o may_v yet_o contribute_v very_o much_o to_o make_v their_o country_n rich_a which_o get_v by_o the_o deal_n of_o all_o and_o do_v not_o suffer_v by_o the_o unfortunate_a conduct_n of_o here_o and_o there_o a_o merchant_n but_o when_o the_o custom_n be_v high_a all_o these_o under_o dealer_n who_o all_o along_o in_o england_n have_v make_v up_o the_o chief_a bulk_n of_o our_o trade_n man_n must_v hold_v their_o hand_n though_o in_o skill_n industry_n and_o inventive_a part_n and_o wit_n they_o may_v exceed_v merchant_n of_o more_o wealth_n and_o of_o a_o high_a rank_n nor_o be_v it_o indeed_o practicable_a for_o man_n of_o but_o a_o moderate_a fortune_n to_o deal_v at_o all_o when_o more_o than_o treble_a that_o sum_n be_v necessary_a to_o have_v ready_a now_o to_o pay_v the_o king_n which_o former_o will_v set_v up_o a_o substantial_a