give_v to_o the_o contributor_n to_o the_o late_a fund_n which_o be_v in_o effect_n a_o create_v a_o new_a sort_n of_o purchase_n much_o more_o advantageous_a than_o land_n will_v certain_o bring_v land_n to_o 12_o or_o 14_o year_n purchase_v if_o not_o less_o for_o man_n will_v hardly_o be_v prevail_v with_o to_o keep_v much_o less_o to_o purchase_v estate_n in_o land_n by_o which_o they_o can_v have_v 4_o l._n per_fw-la cent._n per_fw-la annum_fw-la for_o their_o money_n when_o they_o can_v buy_v a_o perpetual_a rent-charge_n on_o the_o crown_n as_o in_o the_o bank_n of_o england_n which_o will_v bring_v they_o in_o above_o 8_o l._n per_fw-la cent._n per_fw-la annum_fw-la clear_a of_o all_o tax_n beside_o the_o other_o propose_v advantage_n for_o admit_v any_o person_n have_v 50_o l._n per_fw-la annum_fw-la estate_n in_o land_n the_o tax_n of_o 4_o s._n in_o the_o pound_n charge_n for_o find_v arm_n trophy-money_n etc._n etc._n swallow_v up_o 11_o or_o 12_o l._n per_fw-la annum_fw-la by_o which_o mean_v the_o owner_n have_v not_o above_o 38_o or_o 39_o l._n per_fw-la annum_fw-la at_o most_o clear_a to_o himself_o if_o therefore_o he_o sell_v his_o land_n but_o at_o 12_o year_n purchase_v it_o will_v yield_v he_o 600_o l._n with_o which_o he_o may_v purchase_v 50_o l._n per_fw-la annum_fw-la in_o the_o bank_n free_a of_o all_o tax_n which_o be_v 11_o or_o 12_o l._n per_fw-la annum_fw-la more_o than_o he_o can_v receive_v out_o of_o his_o estate_n during_o the_o war_n and_o as_o much_o as_o his_o estate_n will_v bring_v he_o in_o in_o time_n of_o peace_n beside_o his_o interest_n in_o the_o aforementioned_a advantage_n and_o who_o will_v not_o choose_v to_o have_v the_o bank-bill_n rather_o than_o land_n at_o 20_o year_n purchase_v if_o they_o go_v current_n with_o 3_o l._n per_fw-la cent_n per_fw-la annum_fw-la interest_n which_o be_v almost_o as_o much_o as_o his_o land_n will_v bring_v he_o in_o the_o bank-bill_n be_v so_o much_o more_o preferable_a than_o land_n 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gentleman_n estate_n call_v it_o in_o to_o advance_v upon_o some_o of_o these_o late_a fund_n yet_o person_n be_v very_o loath_a to_o part_v with_o their_o estate_n at_o a_o undervalue_n though_o part_n with_o they_o they_o must_v such_o who_o estate_n be_v in_o mortgage_n and_o if_o they_o can_v sell_v their_o estate_n for_o what_o they_o will_v they_o must_v sell_v they_o for_o what_o they_o can_v get_v or_o else_o must_v expect_v to_o be_v eject_v or_o bar_v of_o the_o equity_n of_o redemption_n beside_o these_o fund_n be_v as_o yet_o but_o novelty_n every_o one_o be_v not_o ready_a to_o embark_v in_o they_o but_o when_o people_n once_o find_v that_o when_o they_o go_v to_o the_o exchequer_n or_o to_o the_o bank_n they_o have_v their_o annuity_n or_o interest-money_n pay_v they_o punctual_o every_o half_a year_n upon_o demand_n without_o any_o far_a trouble_v or_o defalcation_n for_o tax_n it_o will_v quick_o cause_v they_o to_o disesteem_a land_n with_o which_o they_o meet_v with_o so_o much_o trouble_v and_o upon_o which_o be_v so_o may_v tax_n and_o therefore_o it_o be_v not_o rational_a to_o take_v our_o measure_n from_o the_o present_a value_n of_o land_n but_o rather_o from_o the_o value_n we_o may_v reasonable_o suppose_v land_n will_v come_v to_o be_v sell_v for_o when_o gentleman_n who_o estate_n be_v mortgage_v be_v under_o a_o force_n and_o absolute_a necessity_n of_o sell_v their_o estate_n and_o when_o person_n be_v a_o little_a better_o acquaint_v with_o and_o reconcile_v to_o these_o new_a sort_n of_o purchase_n object_n i_o shall_v answer_v one_o objection_n more_o no_o less_o frivolous_a than_o common_a viz._n that_o the_o money_n pay_v in_o on_o these_o fund_n will_v circulate_v answ_n i_o grant_v it_o do_v circulate_a for_o money_n be_v make_v to_o pass_v from_o one_o to_o another_o in_o payment_n but_o do_v it_o circulate_a into_o the_o tradesman_n stock_n again_o out_o of_o which_o it_o be_v take_v so_o as_o to_o enable_v he_o to_o drive_v 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do_v therefore_o prohibit_v the_o bank_n to_o buy_v sell_v or_o trade_n in_o any_o good_n or_o merchandise_n that_o so_o the_o subject_n may_v not_o be_v oppress_v by_o their_o monopolise_n with_o their_o command_a stock_n but_o yet_o i_o find_v they_o be_v enable_v to_o purchase_v and_o enjoy_v to_o they_o and_o their_o successor_n land_n rent_n tenement_n and_o hereditament_n of_o what_o nature_n or_o quality_n soever_o crown-land_n except_v without_o any_o such_o limitation_n as_o be_v usual_a in_o other_o charter_n and_o if_o by_o the_o statute_n of_o mortmain_n 15_o rich._n 2._o all_o petty_a corporation_n of_o city_n town_n or_o borough_n which_o have_v a_o perpetual_a commonalty_n be_v prohibit_v to_o purchase_v land_n because_o they_o have_v perpetual_a succession_n i_o doubt_v not_o but_o the_o parliament_n if_o they_o shall_v think_v fit_a to_o continue_v the_o corporation_n of_o the_o bank_n for_o a_o long_a time_n than_o eleven_o year_n will_v be_v please_v to_o put_v 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cattle_n for_o a_o thousand_o year_n and_o will_v certain_o if_o not_o remedy_v bring_v land_n to_o less_o than_o fourteen_o year_n purchase_v land-security_n former_o repute_v the_o best_a fund_z or_o security_n in_o the_o nation_n be_v now_o disregard_v and_o gentleman_n of_o estate_n how_o great_a soever_o be_v their_o necessity_n can_v without_o very_o great_a difficulty_n raise_v money_n on_o land-security_n while_o some_o man_n bill_n on_o a_o less_o substantial_a fund_z pass_z currant_n in_o payment_n as_o so_o much_o money_n what_o may_v be_v say_v to_o solve_v this_o riddle_n be_v that_o there_o be_v a_o necessity_n for_o money_n to_o carry_v on_o the_o war_n and_o no_o better_a way_n be_v then_o think_v of_o for_o raise_v it_o and_o the_o parliament_n choose_v rather_o to_o supply_v their_o majesty_n by_o give_v encouragement_n to_o all_o those_o who_o will_v advance_v money_n on_o the_o say_a fund_n though_o thereby_o they_o impair_v the_o value_n of_o their_o own_o estate_n than_o to_o subject_v their_o life_n liberty_n religion_n and_o all_o that_o be_v dear_a to_o they_o to_o the_o will_n of_o the_o french_a monarch_n however_o i_o be_o not_o without_o hope_n if_o the_o method_n i_o have_v lay_v down_o shall_v be_v approve_v of_o and_o put_v in_o practice_n that_o it_o will_v set_v we_o all_o again_o upon_o a_o right_a basis_n their_o majesty_n will_v be_v enable_v to_o carry_v on_o the_o war_n with_o a_o yet_o great_a vigour_n than_o ever_o be_v so_o plentiful_o supply_v with_o money_n the_o subject_n will_v be_v easy_a under_o their_o tax_n trade_n will_v increase_v and_o flourish_v the_o value_n of_o land_n will_v be_v enhance_v and_o what_o may_v seem_v at_o first_o a_o paradox_n the_o more_o money_n any_o person_n shall_v advance_v to_o their_o majesty_n the_o more_o they_o will_v have_v and_o the_o long_o the_o war_n shall_v continue_v the_o rich_a will_v be_v the_o subject_a i_o be_o not_o unsensible_a that_o by_o my_o writing_n on_o this_o subject_a i_o shall_v create_v myself_o many_o enemy_n such_o who_o propose_v to_o raise_v their_o estate_n by_o make_v merchandise_n of_o the_o government_n and_o who_o care_v not_o if_o they_o hazard_v the_o kingdom_n or_o ruin_v their_o fellow-subject_n so_o they_o can_v enrich_v themselves_o i_o doubt_v not_o in_o the_o least_o but_o there_o be_v very_o many_o who_o have_v advance_v money_n on_o the_o late_a fund_n who_o be_v person_n of_o public_a spirit_n and_o if_o their_o majesty_n can_v be_v supply_v with_o money_n a_o better_a way_n and_o the_o subject_a ease_v they_o will_v be_v as_o forward_o as_o any_o to_o encourage_v it_o and_o this_o method_n i_o have_v propose_v will_v not_o only_o supply_v their_o majesty_n and_o ease_v the_o subject_a but_o it_o will_v enable_v all_o the_o nobility_n gentry_n and_o other_o in_o the_o kingdom_n who_o have_v any_o encumbrance_n upon_o their_o estate_n and_o who_o be_v even_o ground_n to_o piece_n between_o their_o creditor_n and_o the_o tax_n to_o clear_v their_o estate_n to_o raise_v portion_n for_o their_o child_n and_o to_o lend_v their_o majesty_n money_n at_o easy_a interest_n and_o as_o it_o lie_v in_o the_o parliament_n power_n to_o help_v all_o the_o freeholder_n in_o the_o kingdom_n who_o be_v under_o any_o pinch_a strait_o or_o exigency_n so_o providence_n seem_v to_o concur_v in_o their_o deliverance_n in_o make_v it_o the_o very_a interest_n of_o the_o whole_a nation_n to_o relieve_v they_o all_o kingdom_n and_o state_n be_v more_o or_o less_o opulent_a and_o potent_a as_o trade_n and_o industry_n be_v promote_v and_o encourage_v by_o they_o and_o no_o nation_n be_v better_o situate_v for_o trade_n than_o this_o kingdom_n of_o england_n it_o be_v certain_a that_o nothing_o can_v hinder_v our_o be_v the_o most_o flourish_a people_n in_o the_o universe_n if_o our_o own_o endeavour_n be_v not_o want_v to_o promote_v it_o trade_n therefore_o be_v the_o only_a medium_fw-la whereby_o riches_n can_v be_v convey_v to_o we_o we_o ought_v to_o exert_v the_o utmost_a of_o our_o ability_n to_o encourage_v it_o and_o to_o take_v care_n that_o nothing_o be_v do_v which_o may_v prove_v injurious_a much_o less_o destructive_a to_o it_o now_o there_o have_v be_v great_a sum_n of_o money_n require_v to_o carry_v on_o the_o war_n against_o france_n than_o can_v be_v raise_v on_o land_n house_n personal_a estate_n poll-money_n etc._n etc._n the_o parliament_n have_v be_v necessitate_v for_o the_o enable_v their_o majesty_n to_o prosecute_v the_o same_o to_o raise_v money_n by_o such_o new_a method_n as_o they_o think_v will_v be_v least_o burdensome_a to_o trade_n and_o most_o easy_a to_o the_o subject_a such_o as_o be_v the_o fund_n of_o the_o million-act_n lottery-act_n and_o bank_n of_o england_n but_o though_o the_o duty_n upon_o which_o such_o fund_n be_v settle_v may_v not_o be_v very_o prejudicial_a to_o trade_n yet_o it_o be_v to_o be_v fear_v that_o the_o great_a encouragement_n give_v to_o those_o who_o advance_v money_n on_o these_o fund_n will_v be_v very_o detrimental_a to_o trade_n and_o injurious_a to_o the_o great_a part_n of_o the_o nation_n and_o because_o it_o may_v be_v reasonable_o suppose_v that_o those_o who_o have_v taste_v the_o sweetness_n of_o high_a interest_n and_o other_o the_o like_a advantage_n will_v endeavour_v the_o next_o session_n of_o parliament_n to_o promote_v the_o raise_v more_o money_n by_o the_o same_o method_n i_o think_v myself_o oblige_v in_o duty_n to_o their_o majesty_n and_o for_o the_o preserve_v many_o gentleman_n and_o poor_a industrious_a trader_n and_o their_o family_n from_o ruin_n occasion_v by_o the_o scarcity_n of_o money_n and_o high_a interest_n to_o represent_v the_o many_o evil_n that_o will_v unavoidable_o ensue_v the_o great_a encouragement_n give_v such_o who_o advance_v money_n on_o the_o late_a fund_n and_o then_o humble_o to_o propose_v way_n by_o which_o the_o parliament_n if_o they_o shall_v think_v fit_a may_v not_o only_o plentiful_o supply_v their_o majesty_n with_o money_n but_o how_o they_o may_v enrich_v the_o subject_n by_o the_o very_a tax_n which_o shall_v be_v raise_v upon_o they_o but_o before_o i_o enter_v upon_o it_o it_o may_v not_o be_v improper_a to_o make_v some_o few_o remark_n upon_o the_o aforesaid_a acts._n the_o million-act_n settle_v a_o fund_z for_o ninety_o nine_o year_n to_o pay_v a_o hundred_o thousand_o pound_n per_fw-la annum_fw-la for_o the_o first_o seven_o year_n and_o seventy_o thousand_o pound_n per_fw-la annum_fw-la for_o the_o residue_n of_o the_o ninety_o nine_o year_n free_a of_o all_o tax_n to_o the_o contributor_n of_o a_o million_o of_o money_n or_o their_o nominees_n with_o benefit_n of_o survivorship_n until_o there_o shall_v be_v but_o seven_o nominees_n live_v after_o which_o there_o shall_v be_v no_o more_o benefit_n of_o survivorship_n but_o upon_o the_o death_n of_o any_o of_o the_o say_a nominees_n such_o nominees_n seven_o part_n shall_v 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ever_o free_a of_o all_o tax_n to_o the_o subscriber_n of_o twelve_o hundred_o thousand_o pound_n with_o this_o reservation_n that_o if_o the_o twelve_o hundred_o thousand_o pound_n shall_v be_v repay_v they_o at_o any_o time_n after_o the_o first_o day_n of_o august_n anno_fw-la dom._n 1705._o the_o yearly_a payment_n of_o one_o hundred_o thousand_o pound_n per_fw-la annum_fw-la from_o thence_o forward_o shall_v cease_v and_o determine_v now_o that_o it_o may_v appear_v upon_o what_o disadvantage_n to_o the_o nation_n their_o majesty_n be_v supply_v with_o money_n on_o these_o fund_n i_o have_v hereunto_o subjoin_v exact_a table_n calculate_v for_o the_o more_o exactness_n to_o the_o 20_o the_o part_n of_o a_o farthing_n show_v in_o what_o term_n of_o year_n the_o several_a contributor_n or_o adventurer_n will_v be_v repay_v their_o whole_a principal_n and_o interest_n with_o interest_n upon_o interest_n after_o the_o rate_n
annum_fw-la can_v sell_v their_o commodity_n cheap_a than_o those_o who_o pay_v a_o great_a interest_n viz._n 8_o or_o 10_o per_fw-la cent._n per_fw-la annum_fw-la but_o some_o of_o our_o neighbour_n pay_v no_o more_o than_o 3_o or_o 4_o per_fw-la cent._n per_fw-la annum_fw-la for_o interest_n and_o our_o english_a merchant_n must_v pay_v 8_o or_o 10_o per_fw-la cent._n per_fw-la annum_fw-la for_o interest_n and_o consequent_o those_o our_o neighbour_n may_v engross_v to_o themselves_o the_o trade_n of_o those_o foreign_a part_n the_o truth_n of_o these_o proposition_n be_v so_o obvious_a that_o i_o need_v not_o bring_v any_o proof_n to_o corroborate_v they_o but_o i_o shall_v only_o illustrate_v they_o by_o one_o plain_a instance_n viz._n i_o suppose_v none_o will_v deny_v that_o interest_n of_o money_n in_o holland_n be_v not_o above_o 3_o or_o at_o high_a 4_o per_fw-la cent._n per_fw-la annum_fw-la and_o any_o dutch_a merchant_n may_v have_v what_o money_n they_o please_v on_o 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thereby_o lessen_v and_o consequent_o the_o security_n strengthen_v vide_fw-la proposal_n 18_o 19_o object_n but_o you_o oppose_v the_o money_a man_n make_v advantage_n of_o their_o money_n and_o propose_v great_a advantage_n to_o gentleman_n of_o real_a estate_n answ_n i_o confess_v i_o do_v and_o that_o for_o several_a reason_n first_o gentleman_n of_o yearly_a estate_n have_v bear_v the_o burden_n of_o the_o tax_n while_o the_o money_a man_n have_v pay_v little_a or_o nothing_o for_o the_o carry_v on_o the_o war_n or_o support_v of_o the_o government_n but_o on_o the_o contrary_a many_o of_o they_o have_v enrich_v themselves_o by_o it_o second_o none_o can_v possess_v or_o enjoy_v land_n but_o the_o subject_n of_o this_o realm_n but_o money_a man_n be_v of_o all_o sort_n foreigner_n as_o well_o as_o our_o own_o subject_n and_o if_o a_o advantage_n be_v to_o be_v make_v it_o ought_v to_o be_v to_o our_o own_o subject_n rather_o than_o to_o foreigner_n three_o it_o be_v less_o 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per_fw-la cent._n per_fw-la annum_fw-la for_o 11_o year_n and_o long_o if_o it_o be_v not_o injurious_a to_o the_o nation_n and_o since_o it_o appear_v to_o be_v so_o already_o in_o so_o eminent_a a_o degree_n it_o show_v rather_o the_o great_a justice_n of_o the_o parliament_n in_o continue_v they_o for_o 11_o year_n and_o pay_v they_o 100000_o l._n per_fw-la annum_fw-la to_o the_o great_a prejudice_n of_o their_o own_o estate_n when_o they_o may_v have_v the_o same_o sum_n of_o 1200000_o l._n for_o 36000_o l._n per_fw-la annum_fw-la and_o their_o estate_n considerable_o augment_v thereby_o object_n but_o you_o propose_v to_o force_v the_o subject_a to_o take_v piece_n of_o paper_n for_o money_n which_o have_v no_o intrinsic_a value_n in_o they_o which_o will_v never_o be_v allow_v of_o by_o a_o english_a parliament_n who_o though_o they_o make_v the_o bank-bill_n assignable_a yet_o they_o compel_v no_o person_n to_o take_v they_o answ_n 1._o i_o grant_v there_o ought_v to_o be_v no_o 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1000_o l._n which_o convey_v a_o estate_n of_o 1000_o l._n value_v along_o with_o it_o answ_n 3._o gold_n and_o silver_n to_o which_o when_o coin_v we_o give_v the_o name_n of_o money_n be_v make_v the_o medium_fw-la of_o trade_n and_o commerce_n by_o reason_n of_o its_o portability_n and_o carry_v a_o intrinsic_a value_n along_o with_o it_o the_o government_n for_o that_o reason_n bear_v the_o charge_n of_o the_o coinage_n because_o the_o intrinsic_a value_n shall_v not_o be_v lessen_v by_o the_o charge_n bestow_v upon_o it_o to_o turn_v it_o into_o money_n and_o by_o the_o coinage-act_n 18_o car._n 2._o a_o imposition_n be_v lay_v upon_o wine_n vinegar_n etc._n etc._n to_o bear_v the_o charge_n of_o the_o mint_n and_o whosoever_o bring_v any_o gold_n or_o silver_n into_o the_o mint_n be_v to_o have_v the_o same_o weight_n out_o again_o coin_v without_o any_o charge_n or_o deduction_n and_o whatsoever_o be_v former_o sell_v he_o who_o receive_v his_o money_n for_o what_o he_o sell_v 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first_o recommend_v it_o viz._n it_o be_v intrinsic_a value_n the_o stamp_n serve_v now_o to_o show_v what_o it_o be_v not_o what_o it_o be_v worth_a scarce_o 100_o l._n we_o receive_v be_v worth_a 50_o l._n intrinsic_a value_n and_o what_o fund_z or_o security_n be_v there_o to_o make_v good_a the_o other_o 50_o l._n clip_v off_o and_o yet_o take_v it_o we_o must_v or_o else_o we_o must_v go_v without_o our_o money_n which_o be_v a_o coercion_n with_o a_o witness_n but_o yet_o people_n quiet_o receive_v it_o because_o they_o know_v they_o can_v pass_v it_o away_o again_o for_o the_o same_o value_n for_o which_o they_o know_v take_v it_o and_o i_o make_v no_o question_n but_o 100_o l._n pecuniis_fw-la numeratis_fw-la of_o such_o money_n as_o be_v general_o now_o passable_a will_v be_v allow_v by_o our_o judge_n and_o jury_n too_o to_o be_v a_o good_a and_o lawful_a tender_a and_o a_o good_a plea_n in_o bar_n of_o any_o action_n that_o shall_v be_v bring_v against_o a_o person_n for_o the_o say_a sum_n after_o such_o tender_v make_v and_o if_o they_o shall_v not_o i_o know_v not_o how_o any_o tender_a can_v be_v make_v in_o what_o we_o may_v call_v good_a and_o lawful_a money_n of_o england_n unless_o we_o pick_v 100_o l._n out_o of_o 3_o or_o 4000_o l._n and_o yet_o as_o if_o money_n have_v acquire_v a_o great_a excellency_n by_o be_v clip_v the_o consideration_n for_o the_o loan_n of_o it_o be_v raise_v to_o almost_o double_a the_o value_n which_o it_o be_v a_o few_o year_n since_o though_o it_o be_v then_o much_o weighty_a and_o consequent_o better_a than_o now_o it_o be_v and_o therefore_o why_o it_o shall_v be_v look_v upon_o as_o a_o hardship_n to_o oblige_v the_o subject_a to_o take_v bill_n of_o credit_n which_o convey_v far_o more_o than_o the_o intrinsic_a value_n of_o the_o sum_n therein_o mention_v along_o with_o they_o when_o at_o the_o same_o time_n they_o take_v in_o payment_n money_n which_o be_v not_o more_o than_o half_a the_o intrinsic_a value_n and_o bank-bill_n for_o which_o there_o be_v no_o certain_a fund_z for_o my_o part_n i_o know_v not_o but_o shall_v be_v oblige_v to_o any_o person_n who_o can_v give_v a_o reason_n for_o it_o object_n but_o shall_v we_o not_o have_v too_o many_o of_o these_o bill_n of_o credit_n answ_n 1._o these_o bill_n be_v a_o new_a species_n of_o money_n and_o to_o all_o intent_n and_o purpose_n answer_v the_o end_n of_o money_n we_o may_v as_o well_o fear_v that_o we_o shall_v have_v too_o much_o money_n in_o the_o nation_n which_o no_o wise_a man_n will_v complain_v of_o answ_n 2._o i_o do_v not_o find_v that_o this_o be_v object_v or_o consider_v in_o the_o constitution_n of_o the_o bank_n of_o england_n there_o be_v no_o limitation_n to_o they_o but_o they_o may_v coin_v bank-bill_n for_o as_o many_o million_o as_o they_o please_v to_o a_o unlimited_a sum_n and_o all_o the_o security_n the_o subject_n have_v for_o the_o bank_n bill_n issue_v out_o for_o above_o the_o value_n of_o 1200000_o l._n be_v but_o only_o a_o personal_a security_n many_o of_o who_o be_v foreigner_n and_o if_o the_o member_n for_o the_o time_n be_v and_o not_o the_o subscriber_n be_v bind_v we_o know_v not_o who_o be_v our_o bondsman_n by_o reason_n of_o the_o daily_a transferrence_n and_o why_o shall_v we_o be_v afraid_a of_o have_v too_o many_o bill_n of_o credit_n more_o than_o of_o have_v too_o many_o bank_n bill_n when_o the_o nation_n may_v be_v loser_n by_o the_o bank_n bill_n but_o it_o be_v impossible_a for_o any_o man_n to_o be_v a_o loser_n by_o bill_n of_o credit_n since_o no_o bill_n of_o credit_n may_v be_v issue_v out_o before_o a_o real_a security_n out_o of_o some_o gentleman_n be_v private_a estate_n or_o freehold_n shall_v be_v first_o settle_v for_o the_o security_n of_o such_o bill_n or_o bill_n so_o that_o if_o the_o nation_n must_v have_v a_o great_a number_n of_o bill_n circulate_v i_o doubt_v not_o but_o every_o one_o will_v concur_v with_o i_o that_o the_o bill_n of_o 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income_n for_o interest_n pay_v not_o a_o penny_n towards_o the_o charge_n of_o the_o war_n or_o support_v of_o the_o government_n and_o therefore_o unless_o it_o can_v be_v prove_v that_o a_o great_a number_n of_o the_o subject_n will_v suffer_v than_o will_v be_v relieve_v by_o these_o bill_n of_o credit_n i_o think_v if_o the_o great_a plenty_n of_o the_o say_a bill_n shall_v be_v a_o inconvenience_n whereas_o it_o plain_o appear_v to_o the_o contrary_a that_o they_o will_v be_v for_o the_o ease_n and_o advantage_n both_o of_o their_o majesty_n and_o all_o the_o subject_n in_o general_n i_o think_v a_o great_a good_n ought_v to_o be_v prefer_v before_o a_o lesser_a and_o a_o lesser_a evil_n choose_v before_o a_o great_a much_o more_o may_v be_v say_v which_o for_o brevity-sake_n i_o omit_v and_o shall_v only_o present_v those_o gentleman_n with_o the_o follow_a query_n who_o doubt_v of_o the_o practicability_n or_o reasonableness_n of_o my_o proposal_n query_n q._n 1._o whether_o any_o person_n who_o have_v a_o estate_n in_o fee_n of_o freehold_n or_o copyhold_n land_n can_v make_v a_o good_a security_n out_o of_o such_o his_o estate_n to_o any_o person_n who_o shall_v lend_v he_o money_n upon_o a_o mortgage_n of_o such_o his_o estate_n vide_fw-la query_n 8_o q._n 2._o whether_o the_o person_n who_o shall_v pay_v the_o morgagee_n the_o money_n by_o he_o lend_v upon_o any_o estate_n and_o have_v thereupon_o a_o assignment_n of_o such_o mortgage_n from_o the_o mortgagee_n have_v not_o as_o good_a a_o security_n for_o his_o money_n as_o the_o mortgagee_n have_v before_o such_o assignment_n q._n 3._o whether_o the_o assignee_n of_o such_o assignee_n and_o every_o subsequent_a assignee_n that_o shall_v have_v
settlement_n whether_o that_o consideration_n ought_v to_o be_v any_o hindrance_n to_o the_o settlement_n of_o estate_n by_o my_o propose_a method_n which_o i_o will_v prove_v will_v be_v above_o 100_o million_o in_o value_n advantage_n to_o the_o estate_n of_o the_o kingdom_n and_o whether_o the_o nation_n have_v not_o better_o make_v good_a the_o loss_n of_o such_o particular_a person_n if_o any_o shall_v be_v than_o to_o lose_v those_o great_a advantage_n that_o will_v arise_v by_o these_o propose_a settlement_n vide_fw-la query_n 17_o 18._o q._n 16._o if_o the_o money_n advance_v on_o the_o late_a fund_n have_v be_v raise_v by_o my_o propose_a method_n whether_o the_o subject_n will_v not_o have_v save_v much_o more_o than_o can_v be_v lose_v by_o undue_a settlement_n vide_fw-la the_o table_n and_o their_o uses_n in_o pag._n 32_o to_o 40._o q._n 17._o if_o a_o man_n can_v at_o any_o time_n take_v up_o the_o value_n of_o 20_o year_n purchase_v in_o bill_n of_o credit_n upon_o his_o estate_n and_o may_v therewith_o clear_v his_o estate_n and_o provide_v for_o his_o child_n and_o sink_v but_o one_o ten_o part_n of_o his_o yearly_o income_n for_o the_o use_n and_o benefit_n of_o the_o same_o or_o if_o a_o man_n can_v advance_v such_o bill_n of_o credit_n to_o their_o majesty_n upon_o the_o security_n of_o a_o parliamentary_a fund_z and_o be_v exempt_v from_o tax_n and_o have_v 50_o or_o 60_o l._n per_fw-la annum_fw-la add_v to_o every_o 100_o l._n per_fw-la annum_fw-la estate_n he_o have_v whether_o estate_n in_o land_n will_v not_o be_v worth_a 40_o or_o 50_o year_n purchase_v vide_fw-la proposal_n 17_o 19_o 20_o 22_o 23._o and_o the_o table_n in_o pag._n 32_o to_o 37._o q._n 18._o if_o a_o man_n can_v buy_v a_o perpetual_a rent-charge_a of_o the_o crown_n free_a from_o tax_n for_o 12_o year_n purchase_v and_o can_v take_v up_o any_o sum_n less_o than_o the_o capital_a or_o purchase_v money_n at_o a_o hour_n warning_n for_o 5_o or_o 6_o l._n per_fw-la cent_n per_fw-la annum_fw-la interest_n and_o pay_v it_o in_o again_o whensoever_o he_o please_v or_o if_o he_o can_v have_v 60_o l._n 16_o s._n 8_o d._n per_fw-la annum_fw-la interest_n for_o 2000_o l._n value_n in_o bank-bill_n and_o have_v in_o effect_n 2000_o l._n always_o lie_v by_o he_o whether_o any_o man_n will_v give_v 20_o year_n purchase_v for_o land_n load_v every_o year_n with_o tax_n and_o upon_o which_o he_o can_v without_o great_a charge_n loss_n of_o time_n and_o difficulty_n take_v up_o one_o half_a of_o the_o purchase-money_n pay_v by_o he_o for_o his_o estate_n q._n 19_o if_o any_o person_n shall_v settle_v a_o estate_n to_o which_o he_o have_v no_o right_a and_o shall_v take_v bill_n of_o credit_n to_o the_o value_n of_o 20_o year_n purchase_v upon_o the_o credit_n of_o such_o estate_n whether_o the_o remain_a part_n or_o fee_n of_o the_o estate_n will_v not_o be_v worth_a much_o more_o to_o the_o right-owner_n than_o the_o whole_a estate_n will_v be_v worth_a if_o no_o such_o settlement_n be_v make_v vide_fw-la query_n 17._o proposal_n 7._o q._n 20._o whether_o a_o trustee_n or_o guardian_n who_o be_v not_o now_o able_a to_o sell_v will_v be_v able_a to_o settle_v the_o estate_n of_o any_o orphan_n or_o other_o person_n of_o who_o he_o have_v the_o care_n or_o guardianship_n if_o a_o act_n of_o parliament_n shall_v pass_v for_o these_o settlement_n and_o whether_o such_o trustee_n or_o guardian_n will_v not_o be_v as_o accountable_a for_o his_o trust_n in_o case_n this_o act_n shall_v pass_v as_o he_o now_o be_v before_o the_o pass_a such_o act_n vide_fw-la prop._n 7._o q._n 21._o whether_o the_o ruine_v our_o trade_n the_o impoverish_v the_o nobility_n and_o gentry_n the_o burden_v the_o subject_n with_o fund_n the_o bring_v land_n to_o 14_o year_n purchase_v the_o fling_v the_o money_n and_o the_o estate_n of_o the_o kingdom_n into_o a_o few_o or_o into_o unsafe_a hand_n the_o carry_v the_o money_n out_o of_o the_o kingdom_n to_o pay_v the_o interest_n for_o money_n advance_v by_o foreigner_n on_o the_o late_a fund_n will_v not_o be_v of_o far_o worse_a consequence_n and_o more_o mischievous_a to_o their_o majesty_n and_o the_o kingdom_n than_o can_v be_v all_o the_o undue_a settlement_n which_o we_o can_v reasonable_o imagine_v or_o suppose_v may_v possible_o be_v make_v q._n 22._o whether_o the_o exempt_n the_o nobility_n and_o gentry_n from_o tax_n and_o make_v their_o estate_n much_o more_o valuable_a enlarge_a their_o yearly_o income_n enable_v they_o to_o clear_v their_o estate_n and_o to_o raise_v portion_n for_o their_o child_n the_o increase_a trade_n navigation_n and_o building_n of_o ship_n the_o set_v to_o work_v handicrast_n artificer_n and_o all_o the_o idle_a hand_n in_o the_o kingdom_n the_o bring_v new_a manufacture_n into_o the_o nation_n the_o burden_v the_o subject_n with_o few_o fund_n will_v not_o be_v a_o ease_n to_o the_o subject_n enrich_v the_o nobility_n and_o gentry_n and_o make_v the_o nation_n vast_o rich_a by_o our_o great_a trade_n to_o foreign_a part_n and_o be_v a_o most_o unspeakable_a obligation_n to_o the_o nobility_n and_o gentry_n and_o all_o the_o subject_n in_o the_o kingdom_n and_o whether_o it_o will_v not_o river_n they_o not_o only_o in_o interest_n but_o in_o affection_n to_o their_o majesty_n vide_fw-la the_o table_n and_o their_o uses_n pag._n 32_o to_o 40._o postscript_n sometime_o after_o i_o have_v draw_v up_o my_o proposal_n in_o order_n to_o present_v they_o to_o the_o parliament_n which_o be_v now_o about_o three_o month_n ago_o and_o since_o i_o have_v be_v print_v they_o i_o have_v be_v several_a time_n caution_v not_o to_o publish_v or_o propose_v any_o thing_n to_o the_o parliament_n that_o may_v be_v opposite_a to_o the_o interest_n of_o the_o bank_n of_o england_n for_o if_o i_o do_v i_o must_v not_o expect_v to_o succeed_v because_o the_o gentleman_n of_o the_o bank_n have_v a_o very_a great_a interest_n in_o the_o parliament_n and_o will_v be_v too_o hard_a for_o i_o and_o another_o tell_v i_o that_o they_o will_v certain_o cross-bite_a i_o to_o which_o i_o reply_v that_o it_o be_v no_o hard_a matter_n to_o foil_v i_o but_o that_o the_o controversy_n if_o any_o be_v will_v not_o be_v between_o the_o bank_n and_o i_o but_o between_o the_o nobility_n gentry_n and_o freeholders_n of_o england_n who_o be_v almost_o ruin_v with_o those_o fund_n and_o the_o bank_n and_o therefore_o i_o be_v not_o solicitous_a about_o it_o have_v also_o such_o a_o opinion_n of_o many_o member_n of_o the_o bank_n that_o i_o do_v not_o doubt_v but_o they_o will_v have_v prefer_v the_o public_a good_a of_o the_o kingdom_n before_o any_o little_a narrow_a interest_n of_o their_o own_o insomuch_o that_o the_o person_n who_o i_o first_o pitch_v upon_o to_o show_v my_o scheme_n to_o for_o his_o approbation_n be_v one_o of_o the_o member_n of_o the_o bank_n and_o none_o of_o the_o mean_a of_o they_o but_o he_o be_v at_o a_o considerable_a distance_n in_o the_o country_n prevent_v i_o and_o sometime_o since_o a_o friend_n of_o i_o who_o name_n i_o shall_v not_o mention_v propose_v to_o bring_v the_o deputy-governour_n of_o the_o bank_n and_o i_o together_o tell_v i_o i_o be_v a_o think_v man_n and_o that_o it_o may_v be_v for_o my_o advantage_n to_o be_v acquaint_v with_o the_o deputy-governour_n i_o thank_v my_o friend_n but_o although_o i_o have_v a_o great_a respect_n for_o the_o deputy-governour_n as_o be_v a_o very_a deserve_a person_n yet_o for_o some_o reason_n do_v not_o close_o with_o his_o offer_n however_o they_o have_v as_o they_o call_v it_o cross-bit_n i_o and_o i_o resolve_v to_o let_v the_o parliament_n and_o the_o gentleman_n of_o the_o kingdom_n know_v so_o and_o that_o these_o act_n of_o grace_n late_o publish_v by_o the_o director_n of_o the_o bank_n be_v not_o design_v in_o kindness_n to_o they_o but_o to_o render_v ineffectual_a what_o i_o have_v to_o propose_v to_o the_o parliament_n for_o have_v in_o the_o preface_n to_o my_o discourse_n on_o the_o late_a fund_n mention_v how_o destructive_a these_o fund_n be_v to_o trade_n and_o that_o exchequer-tally_n debenter_n and_o seaman_n ticket_n sign_v by_o their_o majesty_n commissioner_n be_v less_o esteem_v than_o a_o note_n under_o the_o hand_n of_o a_o ordinary_a tradesman_n to_o the_o great_a diminution_n of_o the_o honour_n of_o the_o nation_n these_o gentleman_n publish_v a_o order_n in_o the_o gazette_n date_v the_o 3_o d_o and_o 10_o the_o of_o september_n last_o that_o all_o person_n who_o have_v tally_n and_o order_n on_o fund_n etc._n etc._n which_o be_v not_o remote_a may_v have_v money_n for_o they_o without_o any_o allowance_n together_o with_o all_o past_a interest_n to_o the_o day_n on_o which_o they_o be_v bring_v and_o