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duty_n consideration_n effectual_a great_a 43 3 2.0898 3 false
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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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in_o the_o outpart_n of_o london_n upon_o this_o point_n of_o naturalisation_n many_o man_n make_v a_o great_a doubt_n whether_o it_o be_v for_o public_a good_a to_o permit_v the_o jew_n to_o be_v naturalize_v in_o common_a with_o other_o stranger_n those_o that_o be_v against_o their_o admission_n who_o for_o the_o most_o part_n be_v merchant_n urge_v these_o reason_n 1._o they_o say_v the_o jew_n be_v a_o subtle_a people_n pry_v into_o all_o kind_n of_o trade_n and_o thereby_o deprive_v the_o english_a merchant_n of_o that_o profit_n he_o will_v otherwise_o gain_v 2._o they_o be_v a_o penurious_a people_n live_v miserable_o and_o therefore_o can_v and_o do_v afford_v to_o trade_v for_o less_o profit_n than_o the_o english_a to_o the_o prejudice_n of_o the_o english_a merchant_n 3._o they_o bring_v no_o estate_n with_o they_o but_o set_v up_o with_o their_o pen_n and_o ink_n only_o and_o if_o after_o some_o few_o year_n they_o thrive_v and_o grow_v rich_a they_o carry_v away_o their_o 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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
that_o we_o have_v decline_v more_o at_o least_o have_v encreasedless_a in_o those_o trade_n limit_v to_o company_n then_o in_o other_o where_o all_o his_o majesty_n subject_n have_v have_v equal_a freedom_n to_o trade_n the_o common_a objection_n against_o this_o easy_a admission_n of_o all_o his_o majesty_n subject_n into_o company_n of_o merchant_n be_v object_n 1._o if_o all_o person_n may_v come_v into_o any_o company_n of_o merchant_n on_o such_o easy_a term_n then_o young_a gentleman_n shopkeeper_n and_o divers_a other_o will_v turn_v merchant_n who_o through_o their_o own_o unskilfulness_n will_v pay_v dear_a for_o our_o native_a commodity_n here_o and_o sell_v they_o cheap_a abroad_o and_o also_o buy_v foreign_a commodity_n dear_a abroad_o and_o sell_v they_o here_o for_o less_o than_o their_o cost_n to_o the_o ruin_n of_o themselves_o and_o destruction_n of_o trade_n i_o answer_v first_o caveat_n emptor_n let_v particular_a man_n look_v to_o themselves_o and_o so_o doubtless_o they_o will_v in_o those_o trade_n for_o which_o there_o be_v now_o company_n as_o well_o as_o they_o do_v in_o other_o for_o which_o there_o be_v no_o company_n it_o be_v the_o care_n of_o lawmaker_n first_o and_o principal_o to_o provide_v for_o the_o people_n in_o gross_a not_o particular_n and_o if_o the_o consequence_n of_o so_o easy_a a_o admission_n shall_v be_v to_o make_v our_o manufacture_n cheap_a abroad_o and_o foreign_a commodity_n cheap_a here_o as_o be_v allege_v our_o nation_n in_o general_n will_v have_v the_o advantage_n both_o way_n object_n 2._o if_o all_o shall_v be_v admit_v etc._n etc._n shopkeeper_n be_v the_o retailor_n of_o the_o same_o commodity_n the_o company_n import_v will_v have_v so_o much_o the_o advantage_n of_o the_o merchant_n that_o he_o will_v beat_v the_o merchant_n whole_o out_o of_o the_o trade_n i_o answer_v first_o we_o see_v no_o such_o thing_n in_o holland_n nor_o in_o the_o open_a trade_n viz._n france_n spain_n portugal_n italy_n and_o all_o our_o own_o plantation_n neither_o can_v that_o well_o be_v for_o to_o drive_v a_o retail_n trade_n to_o any_o purpose_n require_v a_o man_n full_a stock_n as_o well_o as_o his_o full_a attendance_n and_o so_o do_v it_o to_o drive_v the_o trade_n of_o a_o merchant_n and_o therefore_o few_o can_v find_v stock_n and_o time_n to_o attend_v both_o from_o whence_o it_o follow_v that_o of_o the_o many_o hundred_o which_o in_o memory_n have_v turn_v merchant_n very_o few_o continue_v long_o to_o follow_v both_o but_o common_o after_o two_o or_o three_o year_n experience_n betake_v themselves_o whole_o to_o merchandize_v or_o return_v to_o the_o sole_a exercise_n of_o their_o retail_n way_n but_o whether_o they_o do_v or_o do_v not_o concern_v not_o the_o nation_n in_o general_n who_o common_a interest_n be_v to_o buy_v cheap_a whatever_o appellation_n the_o seller_n have_v whether_o that_o of_o a_o mere_a merchant_n gentleman_z or_o a_o shopkeeper_n object_n 3._o if_o shopkeeper_n and_o other_o unexperienced_a person_n may_v turn_v merchant_n etc._n etc._n they_o will_v through_o ignorance_n neglect_v buy_v and_o send_v out_o our_o native_a manufacture_n and_o will_v send_v out_o our_o money_n or_o bill_n of_o exchange_n to_o buy_v foreign_a commodity_n which_o be_v a_o apparent_a national_a loss_n i_o answer_v that_o shopkeeper_n be_v like_o all_o other_o man_n lead_v by_o their_o profit_n and_o if_o it_o be_v for_o their_o advantage_n to_o send_v out_o manufacture_n they_o will_v do_v it_o without_o force_v and_o if_o it_o be_v for_o their_o profit_n to_o send_v over_o money_n or_o bill_n of_o exchange_n they_o will_v do_v that_o and_o so_o will_v merchant_n as_o soon_o and_o as_o much_o as_o they_o object_n 4._o if_o any_o may_v be_v admit_v etc._n etc._n what_o do_v we_o get_v by_o our_o seven_o year_n service_n and_o the_o great_a sum_n of_o money_n our_o parent_n give_v to_o bind_v we_o apprentice_n to_o merchant_n etc._n etc._n and_o who_o will_v hereafter_o bind_v his_o son_n to_o a_o merchant_n i_o answer_v the_o end_n of_o service_n and_o give_v of_o money_n with_o apprentice_n i_o have_v always_o understand_v to_o be_v the_o learning_n of_o the_o art_n or_o science_n of_o merchandize_v not_o the_o purchase_n of_o a_o immunity_n or_o monopoly_n to_o the_o prejudice_n of_o our_o country_n and_o that_o it_o be_v so_o be_v evident_a from_o the_o practice_n there_o be_v many_o general_a merchant_n that_o be_v free_a of_o no_o particular_a company_n who_o can_v have_v as_o large_a sum_n of_o money_n with_o apprentice_n as_o any_o other_o that_o be_v free_a of_o one_o or_o more_o particular_a company_n of_o merchant_n and_o many_o merchant_n that_o be_v free_a of_o particular_a company_n unto_o who_o few_o will_v give_v any_o considerable_a sum_n of_o money_n with_o apprentice_n the_o proportion_n of_o money_n give_v with_o apprentice_n not_o follow_v the_o company_n a_o merchant_n be_v free_a of_o but_o the_o condition_n the_o master_n as_o to_z his_o more_z or_o less_o repute_a skill_n in_o his_o call_v thrive_a or_o go_v backward_o great_a or_o lesser_a trade_n well_o or_o ill_a government_n of_o himself_o and_o family_n etc._n etc._n obj._n 5._o if_o all_o shall_v be_v admit_v on_o such_o easy_a term_n will_v not_o that_o be_v manifest_a injustice_n to_o the_o company_n of_o merchant_n who_o by_o themselves_o or_o predecessor_n have_v be_v at_o great_a disburstment_n to_o purchase_v privilege_n &_o immunity_n abroad_o as_o the_o turkey-company_n and_o the_o hambrough-company_n have_v do_v i_o answer_v that_o i_o be_o yet_o to_o learn_v that_o any_o company_n of_o merchant_n not_o trade_v with_o a_o joint_a stock_n such_o as_o the_o turkey_n hambrough_n muscovia_n and_o eastland_n company_n ever_o purchase_v their_o privilege_n or_o build_v and_o maintain_v fort_n castle_n or_o factory_n or_o make_v any_o war_n at_o their_o own_o charge_n but_o i_o know_v the_o turkey_n company_n do_v maintain_v a_o ambassador_n and_o two_o consul_n and_o be_v sometime_o necessitate_v to_o make_v present_n to_o the_o grand_a senior_n or_o his_o great_a officer_n and_o the_o hambrough_n company_n be_v at_o some_o charge_n to_o maintain_v their_o deputy_n and_o minister_n at_o hambrough_n and_o i_o think_v it_o will_v be_v great_a injustice_n that_o any_o shall_v trade_v to_o the_o place_n within_o their_o charter_n without_o pay_v the_o same_o duty_n or_o leviation_n towards_o the_o company_n charge_v as_o the_o present_a adventurer_n do_v pay_v but_o i_o know_v not_o why_o any_o shall_v be_v bar_v from_o trade_v to_o those_o place_n or_o force_v to_o pay_v a_o great_a fine_a for_o admission_n that_o be_v willing_a to_o pay_v the_o company_n duty_n and_o submit_v to_o the_o company_n regulation_n and_o order_n in_o other_o respect_n obj._n 6._o if_o all_o may_v be_v admit_v as_o aforesaid_a than_o such_o number_n of_o shopkeeper_n and_o other_o will_v come_v into_o the_o society_n of_o merchant_n as_o will_v by_o the_o majority_n of_o vote_n so_o much_o alter_v the_o governor_n deputy_n and_o assistant_n of_o the_o respective_a company_n that_o ignorant_a person_n will_v come_v into_o those_o roll_a place_n to_o the_o general_a prejudice_n of_o those_o trade_n i_o answer_v those_o that_o make_v this_o objection_n if_o they_o be_v merchant_n know_v there_o be_v very_o little_a in_o it_o for_o that_o it_o be_v not_o to_o be_v expect_v that_o t●enty_o shopkeeper_n will_v come_v into_o any_o one_o company_n in_o a_o yea●_n and_o therefore_o can_v have_v no_o considerable_a influence_n upon_o the_o election_n but_o if_o many_o more_o shall_v come_v in_o it_o will_v be_v the_o better_a for_o the_o nation_n and_o not_o the_o worse_a for_o the_o company_n for_o that_o all_o man_n be_v lead_v by_o their_o interest_n and_o it_o be_v the_o common_a interest_n of_o all_o that_o engage_v in_o any_o trade_n that_o the_o trade_n shall_v be_v regulate_v and_o govern_v by_o wise_a honest_a and_o able_a man_n there_o be_v no_o doubt_n but_o most_o man_n will_v vote_n for_o such_o as_o they_o esteem_v so_o to_o be_v which_o be_v manifest_a in_o the_o east-india-company_n where_o neither_o gentleman_n nor_o shopkeepers_a be_v at_o first_o exclude_v neither_o be_v they_o yet_o keep_v out_o any_o englishman_n whatsoeu●r_o be_v permit_v to_o come_v into_o that_o company_n that_o will_v buy_v a_o action_n pay_v only_o five_o pound_n to_o the_o company_n for_o his_o admission_n and_o yet_o undeniable_a experience_n have_v convince_v all_o gainsayers_a in_o this_o matter_n that_o company_n since_o its_o have_v have_v so_o large_a and_o national_a a_o foundation_n have_v likewise_o have_v a_o succession_n of_o much_o better_a governor_n deputy_n and_o assistant_n then_o ever_o it_o have_v upon_o that_o narrow_a bottom_n it_o stand_v former_o when_o none_o can_v be_v admit_v to_o the_o freedom_n of_o that_o company_n for_o less_o than_o
or_o 400_o ship_n load_v of_o timber_n and_o other_o wooden_a commodity_n 4_o thly_a the_o sweede_n will_v have_v a_o apparent_a benefit_n by_o it_o by_o turn_v a_o great_a part_n of_o the_o stream_n of_o our_o trade_n for_o those_o commodity_n to_o gottenborrow_n and_o divers_a other_o part_n of_o sweeden_n that_o be_v late_o open_v and_o now_o open_v where_o very_o large_a quantity_n of_o timber_n mast_n and_o board_n likewise_o may_v be_v have_v though_o some_o small_a matter_n dear_a than_o in_o norway_n beside_o if_o the_o sweede_n shall_v expect_v no_o advantage_n but_o rather_o loss_n by_o such_o amendment_n of_o our_o own_o law_n they_o have_v no_o reason_n to_o be_v angry_a because_o they_o have_v late_o make_v so_o many_o law_n for_o encouragement_n of_o their_o own_o ship_n and_o navigation_n and_o consequent_o discouragement_n of_o we_o that_o do_v in_o effect_n amount_v to_o a_o prohibition_n of_o the_o english_a from_o send_v their_o own_o manufacture_n to_o sweeden_n in_o english_a ship_n insomuch_o that_o the_o english_a merchant_n when_o sweedish_a ship_n do_v not_o present_a be_v force_v many_o time_n to_o send_v their_o good_n to_o els●nore_n to_o lie_v there_o till_o a_o sweedish_a ship_n come_v by_o to_o put_v they_o aboard_o of_o and_o pay_v their_o factoridge_n and_o other_o charge_n because_o if_o they_o shall_v send_v they_o on_o english_a ship_n the_o duty_n be_v so_o high_a in_o sweeden_n that_o it_o be_v impossible_a for_o they_o to_o make_v their_o first_o cost_n of_o they_o 5_o thly_a the_o easterlin_n or_o hans-town_n though_o they_o be_v exclude_v this_o trade_n for_o england_n with_o their_o ship_n whereof_o they_o have_v little_a the_o great_a share_n be_v carry_v away_o by_o the_o dane_n will_v be_v gainer_n by_o the_o increase_n of_o our_o trade_n with_o they_o for_o board_n timber_n spruce_n deal_v etc._n etc._n at_o dantzick_n quinsborough_n and_o other_o place_n which_o will_v be_v very_o considerable_a in_o case_n the_o king_n of_o denmark_n shall_v impose_v any_o considerable_a extraordinary_a tribute_n on_o our_o ship_n which_o bring_v i_o to_o the_o three_o objection_n object_n 3._o if_o this_o be_v do_v will_v not_o the_o king_n of_o denmark_n lay_v a_o great_a imposition_n upon_o all_o our_o ship_n that_o trade_n into_o his_o dominion_n and_o also_o upon_o our_o drapery_n and_o other_o native_a english_a commodity_n i_o answer_v that_o whatever_o that_o king_n may_v do_v at_o first_o i_o be_o persuade_v after_o he_o have_v consider_v of_o it_o he_o will_v be_v moderate_a in_o his_o imposition_n because_o he_o can_v hurt_v none_o but_o himself_o by_o make_v they_o great_a for_o as_o to_o drapery_n and_o other_o english_a good_n his_o country_n spend_v none_o worth_a speak_v of_o and_o that_o charge_v with_o about_o 30_o or_o 40_o per_fw-la cent_z custom_n already_o nine_o ten_o of_o all_o the_o timber_n and_o board_n we_o fetch_v from_o thence_o be_v in_o my_o opinion_n purchase_v with_o ready_a dollar_n send_v from_o england_n and_o holland_n and_o if_o he_o shall_v by_o a_o great_a imposition_n total_o discourage_v we_o from_o trade_v with_o his_o people_n we_o shall_v lay_v out_o that_o money_n with_o the_o sweede_n hamburger_n danzicker_n and_o other_o where_o we_o may_v have_v sufficient_a supply_n while_o the_o dane_n will_v be_v exceed_o burden_a with_o the_o lie_v of_o their_o good_n upon_o their_o hand_n there_o be_v in_o norway_n great_a quantity_n of_o good_n viz._n the_o course_n hemlock_n timber_n common_o bring_v from_o larwick_n tunsberry_n sandyford_n oskestrand_n hollumstrand_n and_o many_o other_o part_n which_o no_o nation_n in_o the_o world_n trade_v with_o they_o for_o or_o will_v buy_v or_o use_v but_o the_o english_a only_o chap._n v._o concern_v transferrance_n of_o debt_n the_o great_a advantage_n that_o will_v accrue_v to_o this_o kingdom_n by_o a_o law_n for_o transfer_v bill_n of_o debt_n from_o one_o person_n to_o another_o be_v sufficient_o understand_v by_o most_o man_n especial_o by_o merchant_n the_o difficulty_n seem_v not_o to_o be_v so_o much_o in_o make_v of_o a_o law_n to_o this_o purpose_n as_o reduce_v it_o to_o practice_n because_o we_o have_v be_v so_o long_o accustom_v to_o buy_v and_o sell_v good_n by_o verbal_a contract_n only_o that_o rich_a and_o great_a man_n for_o some_o time_n will_v be_v apt_a to_o think_v it_o a_o diminution_n of_o their_o reputation_n to_o have_v bill_n under_o their_o hand_n and_o seal_n demand_v of_o they_o for_o good_n buy_v and_o mean_a man_n will_v fear_v the_o lose_n of_o their_o customer_n by_o insist_v upon_o have_v such_o bill_n for_o what_o they_o sell_v which_o inconveniency_n probable_o may_v be_v avoid_v and_o the_o good_a hope_v for_o full_o attain_v if_o it_o be_v enact_v that_o all_o and_o every_o person_n and_o person_n native_a and_o foreign_a body_n politic_a and_o corporate_a be_v or_o inhabit_v within_o the_o kingdom_n of_o england_n or_o dominion_n of_o wales_n who_o from_o and_o after_o the_o day_n of_o shall_v buy_v and_o receive_v any_o ware_n good_n and_o merchandise_n from_o any_o other_o shall_v immediate_o on_o receipt_n thereof_o in_o case_n ready_a money_n be_v not_o pay_v for_o the_o same_o give_v unto_o he_o or_o they_o of_o who_o such_o good_n ware_n and_o merchandise_n shall_v be_v buy_v or_o to_o he_o and_o their_o use_n a_o bill_n or_o write_v obligatory_a under_o the_o hand_n or_o seal_n of_o he_o or_o they_o so_o buy_v the_o same_o which_o shall_v mention_v the_o quality_n of_o the_o say_a good_n and_o the_o neat_a sum_n of_o money_n with_o the_o time_n or_o time_n of_o payment_n agree_v upon_o 2._o that_o all_o person_n etc._n etc._n may_v transfer_v the_o say_a bill_n under_o their_o hand_n to_o any_o other_o by_o a_o short_a assignation_n on_o the_o back_n side_n 3._o that_o every_o such_o assignee_n may_v re-assign_a toties_fw-la quoties_fw-la 4._o after_o such_o assignment_n it_o shall_v not_o be_v in_o the_o power_n of_o any_o assignor_n to_o make_v void_a release_v or_o discharge_v the_o debt_n 5._o no_o debt_n after_o assignment_n to_o be_v liable_a to_o any_o attachment_n execution_n statute_n or_o commission_n of_o bankrupt_a or_o other_o demand_n as_o the_o estate_n of_o he_o or_o they_o that_o assign_v the_o same_o 6._o that_o each_o assignment_n shall_v absolute_o vest_n the_o property_n into_o the_o assignee_n to_o all_o intent_n and_o purpose_n 7._o that_o such_o assignment_n be_v receive_v and_o receipt_n or_o discharge_v give_v for_o the_o same_o shall_v be_v deem_v good_a payment_n 8._o that_o all_o good_n sell_v above_o the_o value_n of_o 10_o l._n after_o the_o 〈◊〉_d day_n of_o 〈◊〉_d for_o which_o no_o such_o bill_n or_o write_v obligatory_a shall_v be_v give_v or_o tender_v as_o aforesaid_a to_o the_o seller_n or_o seller_n thereof_o or_o to_o he_o or_o their_o use_n shall_v be_v deem_v and_o construe_v to_o all_o intent_n and_o purpose●_n in_o the_o law_n as_o if_o the_o same_o have_v be_v contract_v for_o to_o be_v pay_v in_o ready_a money_n any_o concession_n or_o verbal_a agreement_n between_o the_o say_a party_n to_o the_o contrary_a notwithstanding_o this_o clause_n i_o hope_v may_v be_v effectual_a to_o initiate_v we_o to_o a_o practice_n and_o observance_n of_o such_o a_o law_n 6._o that_o the_o first_o assignment_n of_o any_o such_o bill_n or_o bill_n of_o debt_n be_v to_o this_o or_o the_o like_a ffect_n i_o a._n b._n do_v engage_v and_o attest_v that_o the_o debt_n within_o mention_v be_v a_o true_a debt_n and_o no_o part_n of_o it_o pay_v to_o i_o or_o to_o my_o use_n or_o discharge_v by_o i_o and_o i_o do_v hereby_o assign_v over_o the_o same_o to_o c._n d._n for_o his_o own_o account_n 10._o and_o that_o the_o second_o and_o all_o other_o after_o assignation_n upon_o any_o such_o bill_n shall_v be_v to_o this_o or_o the_o like_a effect_n viz._n i_o a._n b._n do_v attest_v that_o no_o part_n of_o the_o within-mentioned_n debt_n be_v pay_v to_o i_o or_o my_o use_n or_o discharge_v by_o i_o and_o i_o do_v hereby_o transfer_v the_o same_o to_o c._n d._n the_o objection_n i_o have_v meet_v with_o to_o the_o make_v such_o a_o law_n be_v viz._n object_n 1._o this_o will_v be_v repugnant_a to_o our_o common_a law_n and_o some_o statute_n viz._n maintenance_n champarty_n bankrupt_a etc._n etc._n 1._o i_o answer_v not_o so_o repugnant_a as_o at_o first_o view_v it_o seem_v to_o be_v for_o though_o by_o our_o law_n at_o present_a bond_n and_o bill_n can_v be_v assign_v mortgage_n which_o be_v but_o another_o kind_n of_o security_n for_o money_n lend_v may_v be_v assign_v 2._o if_o any_o law_n at_o present_a be_v repugnant_a to_o the_o common_a good_a of_o the_o nation_n and_o if_o the_o make_n of_o such_o a_o new_a law_n will_v effectual_o increase_v