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A29545 The following proposals for, and accounts of, a national land-bank having been printed at London its proveable many gentlemen who would have subscribed thereto, by reason of the distance of their dwelling from thence, have had nothing, or had but an imperfect account of it, for informing whom true copies of several of Mr. Brisco's papers are herewith reprinted ... Briscoe, John, fl. 1695. 1695 (1695) Wing B4750; ESTC R25948 11,974 9

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The following Proposals for and Accounts of a National Land-Bank having been Printed at London It s proveable many Gentlemen who would have Subscribed thereto by Reason of the distance of their dwelling from thence have heard nothing or had but an Imperfect account of it for informing whom true Copies of several of Mr Brisco's Papers are herewith Reprinted in order to be dispersed in several Counties The Free-hold Estates of England or England it self the best fund or security AFTER so many assurances given by some persons to furnish the Freeholders of England with Money upon the Securities of their Estates one would have thought no Landed-Man in the Kingdom could have remained under any Difficulty to raise Money for supplying his Occasions or to clear off his Incumbrances and that Leases of Ejectment and Sub-poena's in Chancery to fore-close Equities of Redemption would have been out of Date but notwithstanding all that hath been promised we find the Freeholders under as bad if not worse Circumstances than ever The Bank of England who have caused many Advertisments to be inserted in the Gazzetes of furnishing the Freeholders with Money at 5 l. per cent per Annum not meeting with one Title in an hundred that will please them have turn'd the Current of their Business another way and are setting up Banks in Foreign Countries leaving the poor Freeholders to shift for themselves The Orphans Bank have set out an Order to lend Money upon a deposite of Gold or Silver and to discount Bills of Exchange at 3. l. per Cent. per Annum but mention no● one word of lending Money on Land-Security In fine tho all make use of that pleasing and popular Argument of easing the Freeholders and raising the Value of Land yet not one step hath been taken therein nor must we expect ever will so long as the Management is in private Hands and not by Persons appointed either by the publick or by the Freeholders themselves but all that hath been said or promised if one may have leave to judge by Mens Actions seems only a pretence without the least Reality or Purpose to perform the same Now when the Revenue of the Excise the Annual Income settled on the Orphans the Lottery-Tickets the Annuities for lives indeed almost any thing that has but the face of a Security altho depending on Contingencies are made use of for Funds whereupon to issue out Bills and have some of them actual Credit for three times more than the real Value it cannot but seem strange to any considering Man that the Freehold Estates of England or rather England it self which all must acknowledge to be the very Basis of those Funds should be disregarded and the issuing out Bills on Land-Security for a far less Sum than the Value should be rediculed and made a Jest of yet some People have had so little Sense as to pass their Censures on my Proposals to the Parliament for issuing out Bills of Credit on Land-Security and the Bill which was brought in by Mr. Brockman this last Session by Order of the Honourable the House of Commons entituled An Act for the improvement of the Freehold Estates of England and the encouragement of Trade and which was referred to a Committee who made a considerable Progress therein was by some Persons opposed for no other Reason as I could ever hear of but because it would have been prejudicial to their particular Interests I did therefore once design to have Printed a Breviate of the said Bill that all Persons might have seen whether the same was reasonable or practicable but upon farther Consideration I forbore it finding too many led more by Humour than Reason and that they will not believe any thing possible to be done untill they see it effected I shall therefore being encouraged so to doe by several Persons of great Worth reduce the same into practice and to lay the Foundation of a National Bank and probably the greatest Bank in the World so far as it is capable of being done without the Assistance of an Act of Parliament still submitting the same to such Regulations Alterations or Amendments as the great Council of the Kingdom shall in their Wisdom at any time hereafter think needful to make Some perhaps who are desirous to keep the Freeholders Necks still under the Servile Yoke of 6 l. per Cent. per Annum Interest besides other Charges which with the Taxes hath eaten up several of their Estates may make trivial Objections against these my Proposals and demand where will the Money be found to answer the Bills of Credit But I doe not think my self obliged to acquaint every impertinent Querist with the Methods I have to propose for raising a Fund of Money it is sufficient I have hitherto born the whole Charge of prosecuting this Business which when accomplished will be so greatly for the Freeholders Advantage and will more than double the Value of their Estates All that I desire of the Freeholders is that they will enable me to do it by subscribing and settling their Estates in Trust upon credible and substantial Persons of their own naming and to choose some from among themselves to put in practice those Methods I have to lay before them so far forth as they shall appear agreeable to Reason and no farther Proposals for Subscriptions for a National Land Bank THat Books shall be laid open on Tuesday the 11 th of this instant June at the Chambers of Thomas Gooding Serjeant at Law in Field-Court in Grayes-Inn At Philip Neave Esq his Chambers the second Stair-Case of the Paper-Buildings in the Inner Temple At Lawrence Braddon Esq his Chambers Number 4. the second Stair-Case in the new Square at Lincolns Inn. At the house of Robert West Esq the Corner of Buckingham-Court near Scotland-yard At Mr John Smith's in Exchange-Allay And at Mr Humphrey Hackshaw's in Lothbury near the Royal Exchange in London Where any Persons by themselves or others may Subscribe Lands Tenements or Hereditaments whether Free-hold Copy-hold or Lease-hold to what yearly Value they please to be settled upon such Trustees as shall be chosen by the Subscribers for Funds to issue out Bills of Credit upon the security of such Estates That an account shall be publish'd in Print every Month of the yearly value of the Estates Subscribed That so soon as 100000 l. per Annum shall be subscribed a list of the Subscribers shall be Printed Alphabetically with the several yearly Values by them and each of them Subscribed and timely Notice given to the several Subscribers to meet together in some publick place within the Cities of London or Westminster to choose by the Majority of Votes such and so many credible Persons as they or the Major part of them shall think fit to be Trustees of all the Estates to be settled on such Trustees in Trust for the aforesaid Purposes That the Subscribers shall at the same time choose by the Majority of Votes such and