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england_n admit_v certain_a great_a 48 3 2.1033 3 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A38638 An essay towards a scheme or model for erecting a National East-India joynt-stock or company more generally diffused and enlarged for the restoring, establishing, and better carrying on that most important trade: fully discoursed in a letter to a Person of quality. 1691 (1691) Wing E3297; ESTC R215599 44,400 34

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they_o have_v bring_v themselves_o under_o very_o unhappy_a circumstance_n
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a_o conjunction_n of_o stock_n while_o they_o be_v at_o so_o great_a enmity_n with_o those_o that_o desire_v a_o share_n in_o trade_n with_o they_o so_o shall_v there_o be_v any_o mixture_n of_o council_n what_o agreement_n will_v there_o be_v nay_o rather_o what_o clashing_n will_v there_o not_o be_v every_o trifle_n occasion_v a_o tempest_n and_o what_o must_v be_v the_o event_n but_o that_o the_o hatred_n in_o the_o old_a caballist_n against_o those_o that_o shall_v graft_v or_o vamp_v will_v bring_v great_a detriment_n if_o not_o destruction_n on_o the_o whole_a tiger_n and_o woleu_n may_v be_v chain_v but_o their_o nature_n not_o change_v therefore_o not_o safe_o to_o be_v converse_v with_o by_o the_o harmless_a and_o innocent_a sure_o it_o be_v without_o some_o harmony_n in_o affection_n there_o can_v be_v no_o pleasant_a profitable_a intimate_a conversation_n and_o these_o gentleman_n the_o present_a manager_n have_v by_o a_o many_o year_n continue_v series_n of_o conduct_n give_v most_o evident_a demonstration_n of_o the_o unfitness_n of_o their_o temper_n for_o any_o such_o conjunction_n and_o communion_n and_o the_o unrelenting_a hardness_n of_o heart_n that_o undeniable_o appear_v upon_o they_o at_o this_o day_n sufficient_o manifest_v their_o disposition_n unaltered_a and_o most_o difficult_o if_o at_o all_o changeable_a so_o that_o the_o proverb_n hold_v good_a the_o ethiopian_a change_v not_o his_o skin_n nor_o the_o leopard_n his_o spot_n 7._o this_o company_n be_v of_o a_o most_o ignoble_a extract_n and_o original_a have_v its_o first_o settlement_n in_o time_n of_o great_a confusion_n be_v incorporate_v by_o oliver_n cromwell_n about_o the_o time_n when_o what_o he_o call_v a_o parliament_n declare_v and_o inaugurate_v he_o lord_n protector_n of_o these_o nation_n and_o seem_v to_o be_v one_o of_o his_o first_o royal_a donative_n or_o rather_o a_o specimen_fw-la of_o his_o intend_a government_n it_o be_v exquisite_o adapt_v thereto_o by_o its_o plenty_n of_o arbitrary_a clause_n which_o the_o concern_v apprehend_v as_o may_v be_v suppose_v some_o benefit_n by_o may_v by_o fit_a mean_n procure_v to_o be_v continue_v in_o the_o charter_n obtain_v of_o king_n charles_n the_o second_o upon_o his_o restoration_n which_o be_v no_o other_o in_o reality_n than_o a_o confirmation_n or_o establishment_n of_o the_o former_a there_o be_v no_o new_a subscription_n nor_o stock_n or_o person_n but_o the_o same_o without_o any_o enlargement_n or_o alteration_n now_o this_o be_v far_o from_o be_v a_o national_a joint-stock_n in_o its_o rise_n in_o regard_n it_o have_v its_o beginning_n and_o be_v set_v on_o foot_n as_o it_o be_v in_o hug_a mugger_n without_o any_o due_a public_a notice_n give_v to_o all_o part_n and_o in_o a_o time_n when_o the_o great_a part_n of_o the_o nobility_n gentry_n and_o merchant_n of_o the_o land_n can_v not_o or_o dare_v not_o subscribe_v and_o many_o other_o but_o very_o little_a have_v be_v under_o the_o fine_n and_o sequestration_n of_o or_o obnoxion_n to_o a_o inquisition_n by_o the_o petentate_n of_o haberdashers-hall_n one_o of_o which_o continue_v a_o censor_n to_o his_o die_a day_n or_o near_o it_o in_o the_o committee_n for_o their_o direction_n and_o instruction_n no_o doubt_n in_o such_o affair_n and_o it_o must_v be_v own_v he_o lose_v not_o his_o labour_n they_o have_v make_v great_a improvement_n therein_o so_o that_o it_o become_v rather_o a_o private_a bargain_n or_o pack_v juncto_fw-la of_o oliver_n than_o a_o nati●nal_n stock_n or_o co●●any_n insomuch_o that_o consider_v its_o birth_n founder_n and_o design_n it_o w●●l_v be_v conceive_v very_o inconvenient_a to_o graft_v upon_o and_o may_v be_v wonder_v it_o shall_v be_v press_v but_o what_o will_v not_o interest_n do_v and_o sure_o none_o of_o clear_a spirit_n desirous_a to_o remain_v and_o be_v esteem_v free_a subject_n can_v without_o great_a disdain_n have_v any_o thought_n of_o graft_v on_o this_o present_a stock_n and_o constitution_n it_o be_v a_o vamp_a nel_n old_a boot_n but_o that_o a_o new_a one_o be_v erect_v agreeable_a to_o the_o law_n of_o the_o land_n 8._o this_o company_n by_o reason_n of_o many_o late_a action_n have_v fall_v into_o great_a disrepute_n with_o the_o native_n and_o government_n of_o india_n among_o who_o the_o affair_n of_o that_o trade_n be_v negotiate_v and_o bring_v a_o scandal_n upon_o the_o whole_a nation_n that_o we_o who_o be_v in_o repute_n above_o all_o other_o european_n in_o former_a day_n be_v now_o become_v a_o reproach_n among_o those_o heathen_n and_o to_o continue_v and_o graft_v upon_o this_o company_n or_o stock_n will_v but_o justify_v all_o late_a unbecoming_a unjust_a action_n and_o mismanagement_n and_o bind_v our_o reproach_n upon_o we_o therefore_o to_o take_v off_o all_o that_o odium_n the_o nation_n lie_v under_o in_o the_o sight_n of_o those_o heathen_n and_o to_o restore_v ourselves_o to_o that_o former_a honour_n and_o credit_n we_o have_v with_o they_o nothing_o can_v more_o conduce_v according_a to_o the_o best_a of_o my_o judgement_n than_o a_o entire_a dissolution_n of_o the_o present_a stock_n or_o company_n and_o erect_v a_o new_a one_o with_o a_o great_a fund_z and_o better_a constitution_n that_o it_o may_v be_v as_o it_o ought_v a_o national_a stock_n and_o trade_n this_o may_v be_v sufficient_a to_o be_v add_v concern_v graft_v and_o see_v this_o company_n do_v not_o graft_v upon_o the_o former_a or_o ever_o it_o be_v do_v before_o and_o that_o so_o to_o do_v be_v against_o the_o right_n of_o the_o subject_a and_o that_o the_o present_a stock_n be_v a_o most_o grievous_a monopoly_n and_o involve_v in_o great_a trouble_n with_o the_o subject_n of_o england_n by_o violent_a and_o illegal_a action_n its_o trade_n bring_v to_o a_o very_a low_a ebb_n and_o all_o endanger_v and_o still_o the_o bitter_a enmity_n of_o the_o present_a manager_n towards_o their_o fellow_n subject_n remain_v thereby_o prohibit_v any_o fair_a conjunction_n as_o also_o consider_v its_o odd_a and_o ignoble_a birth_n under_o oliver_n cromwell_n and_o the_o great_a reproach_n by_o their_o late_a uncharitable_a action_n towards_o the_o indian_n they_o have_v cast_v upon_o the_o nation_n it_o will_v undoubted_o by_o all_o patriot_n be_v judge_v expedient_a not_o to_o be_v graft_v on_o but_o rather_o dissolve_v and_o a_o new_a one_o erect_v and_o so_o i_o come_v to_o the_o next_o point_n which_o be_v second_o the_o other_o way_n propose_v for_o enlarge_a the_o stock_n for_o the_o india_n trade_n and_o that_o be_v by_o establish_v a_o new_a national_a joint-stock_n by_o new_a subscription_n and_o dissolve_v this_o present_a joint_a stock_n which_o seem_v most_o proper_a and_o only_a practicable_a at_o this_o time_n now_o in_o proceed_v to_o this_o work_n and_o settle_v thereof_o it_o be_v humble_o conceive_v these_o or_o the_o like_a method_n be_v use_v first_o that_o this_o new_a national_a joint-stock_n be_v enlarge_v to_o sixteen_o hundred_o thousand_o pound_n at_o least_o by_o new_a supscription_n that_o so_o be_v national_a the_o whole_a body_n of_o the_o nation_n may_v come_v in_o and_o partake_v thereof_o and_o that_o it_o may_v be_v a_o secure_a fund_z or_o bank_n for_o the_o nation_n to_o employ_v its_o money_n on_o second_o that_o this_o new_a national_a joint-stock_n or_o company_n be_v confirm_v and_o make_v a_o corporation_n by_o act_n of_o parliament_n exclusive_a to_o all_o other_o from_o the_o cape_n of_o good_a hope_n to_o the_o eastward_o of_o japan_n and_o that_o the_o trade_n to_o east-india_n be_v declare_v a_o trade_n of_o the_o state_n or_o the_o kingdom_n as_o indeed_o it_o will_v be_v by_o the_o whole_a nation_n will_v thereto_o have_v interest_n therein_o as_o well_o as_o right_o thereunto_o so_o that_o hereafter_o all_o abuse_n and_o injury_n do_v they_o in_o their_o trade_n and_o right_n in_o those_o part_n by_o any_o other_o
nation_n may_v be_v judge_v and_o repute_v as_o do_v not_o only_o to_o the_o particular_a concern_v but_o to_o the_o nation_n and_o be_v espouse_v according_o which_o may_v be_v a_o mean_n of_o preserve_v what_o we_o have_v and_o regain_n somewhat_o at_o least_o of_o what_o lose_v and_o prevent_v our_o own_o people_n from_o a_o easy_a part_n with_o any_o the_o privilege_n port_n trade_n or_o right_n in_o those_o part_n and_o other_o of_o our_o neighbour_n nation_n from_o invade_v they_o want_v of_o which_o have_v be_v of_o irreparable_a damage_n to_o the_o nation_n in_o the_o loss_n of_o many_o place_n and_o great_a trade_n in_o those_o part_n in_o former_a and_o late_a day_n as_o the_o spice_n trade_n that_o of_o macass_n japan_n jacquatra_n or_o batavia_n and_o bantam_n etc._n etc._n and_o it_o will_v be_v a_o great_a encouragement_n to_o all_o person_n endeavour_n in_o advance_v the_o say_a trade_n and_o in_o all_o acquisition_n in_o those_o part_n it_o not_o be_v only_o for_o a_o private_a but_o national_a interest_n and_o this_o be_v that_o which_o great_o stimulate_v the_o dutch_a in_o all_o their_o enlargement_n the_o present_a company_n have_v in_o their_o charter_n a_o large_a extent_n and_o tract_n of_o the_o world_n include_v then_o be_v here_o propose_v for_o a_o new_a one_o viz._n from_o the_o cape_n good_a hope_v down_o to_o the_o magellanean_a strait_n and_o thence_o all_o southward_n and_o so_o all_o the_o back_n of_o america_n to_o japan_n which_o here_o be_v think_v good_a to_o be_v omit_v as_o be_v of_o no_o use_n and_o ill_a fame_n to_o they_o make_v a_o great_a noise_n of_o the_o vastness_n of_o their_o charter_n whereas_o they_o never_o make_v any_o benefit_n thereof_o but_o hinder_v other_o therefore_o to_o be_v leave_v free_a to_o all_o english_a to_o advantage_n themselves_o or_o on_o occasion_n to_o endamage_v other_o nation_n by_o new_a discovery_n or_o what_o already_o know_v three_o that_o non_fw-la obstante_fw-la the_o exclusive_a clause_n yet_o liberty_n be_v grant_v to_o all_o ship_n to_o trade_n to_o madagascar_n and_o the_o coast_n of_o mosambique_n and_o all_o other_o place_n on_o the_o coast_n of_o africa_n on_o the_o other_o side_n or_o beyond_o the_o cape_n of_o good_a hope_n while_o not_o trade_v to_o by_o the_o company_n and_o that_o interfere_v not_o with_o the_o company_n commerce_n they_o give_v security_n not_o to_o trade_n but_o where_o allow_v and_o this_o to_o be_v without_o any_o fee_n or_o reward_v more_o than_o to_o the_o clerk_n bare_o for_o the_o write_n four_o that_o diamond_n pearl_n and_o all_o precious_a stone_n ambergris_n and_o musk_n be_v leave_v free_a to_o all_o natural_a bear_v subject_n of_o england_n to_o trade_n in_o pay_v one_o per_n cent_n for_o the_o money_n send_v out_o and_o 2_o per_fw-la cent_n upon_o the_o good_n home_n and_o that_o gold_n and_o all_o bullion_n import_v thence_o be_v free_a five_o that_o for_o the_o more_o equal_a and_o general_a distribution_n of_o the_o east-india_n trade_n in_o this_o realm_n and_o the_o great_a and_o more_o national_a enlargement_n thereof_o it_o be_v carry_v on_o and_o manage_v at_o several_a other_o port_n in_o the_o land_n beside_o london_n and_o such_o as_o be_v at_o some_o considerable_a distance_n therefrom_o viz._n at_o york_n who_o sea_n port_n may_v be_v hull_n bristol_n and_o exon_n at_o each_o of_o which_o and_o at_o more_o if_o afterward_o think_v needful_a presidency_n may_v be_v erect_v for_o the_o management_n of_o the_o india_n trade_n for_o the_o remote_a county_n as_o to_o instance_n more_o particular_o to_o york_n may_v pertain_v the_o county_n of_o lincoln_n nottingham_n derby_n york_z lancaster_n durham_n westmoreland_n cumberland_n northumberland_n and_o berwick_n upon_o tweed_n to_o bristol_n gloucester_n worcester_n stafford_z chester_n salop_n hereford_n monmouth_n and_o all_o the_o welsh_a county_n to_o exon_n wilts_n dorset_n somerset_z devon_n cornwall_n which_o division_n if_o not_o judge_v proportionable_a may_v be_v alter_v and_o better_o settle_v by_o person_n more_o verse_v in_o those_o part_n now_o if_o this_o or_o some_o such_o way_n be_v take_v the_o port_n be_v at_o such_o distance_n and_o remoteness_n from_o the_o great_a city_n of_o london_n will_v make_v no_o diminution_n to_o the_o trade_n thereof_o but_o be_v a_o great_a addition_n to_o that_o of_o those_o place_n by_o a_o enlargement_n of_o their_o exportation_n as_o well_o as_o consumption_n in_o those_o part_n of_o some_o of_o what_o import_v which_o will_v arise_v mere_o from_o set_v up_o such_o mart_n and_o true_o the_o so_o long_o monopolise_v this_o commerce_n sole_o to_o london_n as_o it_o have_v have_v many_o other_o ill_a effect_n so_o the_o right_n of_o the_o subject_n have_v be_v high_o violate_v in_o his_o be_v deprive_v of_o what_o by_o the_o law_n of_o the_o land_n be_v his_o native_a due_a and_o property_n and_o it_o be_v hope_v may_v now_o at_o length_n be_v well_o consider_v of_o by_o the_o member_n for_o those_o part_n and_o restore_v to_o they_o it_o seem_v high_o unreasonable_a that_o the_o nobility_n gentry_n merchant_n and_o inhabitant_n of_o those_o part_n shall_v be_v deprive_v and_o whole_o divest_v of_o their_o birthright_n only_o for_o the_o advancement_n of_o a_o few_o london_n merchant_n this_o way_n of_o diffuse_v the_o trade_n will_v have_v in_o my_o slender_a opinion_n many_o great_a advantage_n attend_v it_o the_o nation_n will_v then_o come_v to_o have_v a_o thorough_a insight_n into_o the_o immense_a value_n of_o this_o important_a trade_n which_o it_o now_o be_v so_o very_o ignorant_a of_o that_o even_o very_a few_o save_o some_o of_o the_o concern_v and_o other_o in_o and_o about_o london_n have_v any_o tolerable_a cognisance_n thereof_o and_o even_o many_o great_a and_o worthy_a patriot_n and_o statesman_n have_v not_o till_o of_o late_o be_v thorough_o convince_v of_o its_o value_n and_o from_o this_o ignorance_n of_o its_o be_v so_o advantageous_a to_o this_o nation_n have_v most_o of_o those_o direful_a effect_n flow_v in_o upon_o this_o trade_n hinc_fw-la illae_fw-la lacrymae_fw-la as_o the_o loss_n of_o great_a acquisition_n privilege_n and_o commerce_n in_o former_a day_n and_o the_o great_a decay_n and_o almost_o total_a loss_n thereof_o now_o of_o late_a it_o can_v enter_v into_o any_o man_n heart_n acquaint_v with_o this_o trade_n and_o its_o value_n that_o if_o it_o have_v former_o be_v diffuse_v through_o the_o nation_n and_o so_o have_v become_v a_o general_a interest_n by_o all_o man_n participate_v of_o its_o gain_n that_o ever_o so_o great_a a_o part_n thereof_o can_v have_v be_v so_o tame_o part_v with_o as_o be_v by_o our_o progenitor_n or_o such_o hardship_n put_v upon_o it_o as_o have_v be_v of_o late_a by_o the_o present_a manager_n no_o sure_o shall_v any_o of_o these_o thing_n have_v happen_v to_o the_o dutch_a in_o what_o a_o rage_n will_v the_o commonalty_n have_v be_v what_o fury_n will_v have_v appear_v in_o the_o face_n of_o the_o concern_v and_o what_o consternation_n in_o all_o as_o if_o their_o very_a bank_n be_v cut_v or_o the_o overflow_a deluge_n of_o 72_o be_v again_o break_v in_o upon_o they_o who_o that_o be_v any_o way_n accessary_a can_v have_v be_v safe_a when_o they_o lose_v tywan_n the_o governor_n mons_fw-la coyet_n a_o swedish_n gentleman_n of_o good_a esteem_n though_o he_o have_v in_o time_n give_v sufficient_a advice_n of_o what_o be_v come_v and_o when_o it_o come_v upon_o they_o do_v all_o that_o man_n can_v do_v and_o give_v it_o not_o up_o till_o it_o can_v not_o be_v hold_v any_o long_a and_o tho_o force_v to_o it_o by_o all_o the_o people_n as_o i_o have_v it_o from_o they_o there_o present_a yet_o undergo_v many_o year_n imprisonment_n in_o the_o remote_a eastern_a island_n ten_o time_n worse_o than_o death_n ere_o he_o can_v get_v any_o release_n though_o strip_v and_o destitute_a of_o all_o and_o yet_o we_o can_v part_v with_o our_o trade_n at_o japan_n spice_n island_n macasser_n jaquatra_n or_o batavia_n etc._n etc._n former_o and_o with_o bantam_n suratt_n and_o bengale_n late_o and_o seem_v little_o concern_v thereat_o such_o a_o stoical_a apathy_n have_v we_o be_v under_o and_o still_o be_v in_o this_o affair_n and_o whence_o can_v this_o arise_v but_o from_o our_o ignorance_n of_o the_o trade_n and_o its_o value_n which_o nothing_o can_v better_v cure_n than_o this_o distribution_n thereof_o and_o its_o management_n to_o several_a presidency_n and_o mart_n whereby_o the_o knowledge_n thereof_o will_v sensible_o diffuse_v itself_o through_o the_o whole_a realm_n and_o quicken_v we_o for_o hereafter_o to_o a_o prevent_n and_o redress_v of_o any_o injury_n that_o may_v be_v offer_v or_o do_v unto_o that_o trade_n by_o any_o whosoever_o and_o possible_o to_o regain_n of_o some_o part_n thereof_o former_o
thereto_o by_o the_o trustee_n as_o aforesaid_a and_o decide_v determine_v and_o make_v good_a and_o so_o the_o like_a on_o behalf_n of_o the_o present_a company_n in_o any_o claim_n they_o have_v on_o any_o in_o these_o part_n last_o that_o thing_n be_v carry_v on_o in_o all_o point_n and_o in_o all_o cause_n with_o that_o candour_n and_o ●●stice_n so_o as_o the_o present_a company_n may_v have_v no_o cause_n to_o complain_v in_o the_o least_o but_o to_o be_v we●_n please_v therewith_o and_o this_o will_v be_v both_o the_o duty_n and_o interest_n of_o the_o new_a company_n for_o 〈◊〉_d they_o indulge_v any_o their_o servant_n to_o abuse_v other_o it_o will_v not_o be_v long_o before_o they_o turn_v the_o same_o upon_o their_o master_n and_o it_o can_v be_v expect_v that_o the_o new_a company_n will_v do_v otherwise_o in_o regard_n the_o best_a of_o man_n be_v most_o likely_a by_o the_o constitution_n to_o come_v into_o the_o direction_n and_o from_o such_o nothing_o can_v be_v 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spoil_n and_o fear_n when_o he_o find_v they_o be_v abuse_v not_o only_o give_v they_o a_o exempt_a from_o the_o power_n of_o their_o enemy_n but_o also_o liberty_n to_o stand_v upon_o their_o guard_n and_o to_o slay_v they_o that_o have_v design_v their_o ruin_n and_o for_o all_o their_o wrong_n and_o cruel_a usage_n to_o recompense_v themselves_o by_o the_o spoil_n of_o such_o their_o enemy_n informer_n and_o persecutor_n though_o his_o natural_a subject_n notwithstanding_o his_o decree_n and_o proclamation_n issue_v out_o before_o for_o the_o prosecute_n and_o ruine_v the_o poor_a jew_n who_o can_v not_o submit_v to_o the_o imposition_n of_o those_o heathen_n and_o this_o be_v record_v to_o all_o age_n for_o the_o reputation_n honour_n glory_n and_o renown_n of_o that_o mighty_a prince_n i_o have_v yet_o one_o more_o wish_n that_o the_o great_a burden_n lay_v on_o this_o and_o other_o plantation_n trade_n in_o the_o duty_n import_v be_v well_o consider_v of_o and_o abate_v the_o groan_n of_o the_o plantation_n be_v very_o great_a there_o be_v nothing_o can_v advance_v this_o nation_n more_o or_o like_v to_o trade_n nor_o any_o thing_n that_o more_o than_o freedom_n easy_a and_o low_a duty_n of_o which_o the_o whole_a world_n give_v ample_a testimony_n but_o this_o may_v soon_o be_v wish_v for_o than_o expect_v i_o know_v neither_o this_o or_o any_o thing_n else_o appear_v for_o the_o nation_n interest_n will_v lie_v at_o your_o door_n you_o have_v always_o evidence_v yourself_o a_o true_a patriot_n both_o in_o council_n and_o in_o camp_n you_o have_v not_o from_o your_o youth_n up_o at_o any_o time_n shun_v any_o enterprise_n on_o the_o nation_n account_v though_o never_o so_o hazardous_a you_o have_v jeopard_v your_o life_n frequent_o in_o behalf_n of_o our_o law_n liberty_n and_o religion_n never_o count_v any_o thing_n dear_a to_o you_o that_o you_o may_v serve_v your_o nation_n your_o time_n your_o strength_n your_o estate_n your_o blood_n you_o have_v free_o and_o valiant_o bestow_v in_o the_o nation_n service_n and_o be_v a_o instance_n i_o will_v hope_v not_o the_o only_a single_a one_o that_o have_v serve_v your_o generation_n with_o your_o estate_n and_o not_o for_o a_o estate_n no_o those_o thing_n never_o move_v you_o but_o a_o high_a principle_n and_o your_o reward_n be_v with_o you_o from_o the_o lord_n for_o i_o think_v you_o never_o 〈◊〉_d any_o from_o man_n a_o hoary_a head_n in_o the_o way_n of_o righteousness_n which_o be_v a_o crown_n of_o glory_n i_o ha●●_n 〈◊〉_d ready_a abuse_v your_o patience_n so_o shall_v not_o detain_v you_o any_o long_a than_o to_o subscribe_v my_o 〈◊〉_d lond._n 20._o jan._n 1689._o honour_a sir_n your_o real_o devote_a servant_n