Selected quad for the lemma: england_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
england_n	certain_a	king_n	year_n	3,227	5	4.7551	4	false

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A26182	A safe and easy method for supplying the want of coin and raising as many millions as the occasions of the publick may require. Humbly offered to the consideration of the present Parliament. With some remarks upon the Bank of England, Dr. Chamberlain's Bank, the Land-Bank, so called, and the National Land-Bank.	Atwood, William, d. 1705?	1695 (1695)	Wing A4181; ESTC R215808	13,150	8

from_o london_n can_v be_v assure_v of_o the_o contrary_n answ_n 1_o there_o be_v as_o much_o security_n in_o these_o bill_n as_o in_o any_o deed_n which_o may_v possible_o be_v forge_v but_o forgery_n happen_v so_o rare_o that_o they_o work_v no_o interruption_n of_o business_n and_o common_a credit_n answ_n 2_o the_o hand_n of_o so_o many_o commissioner_n be_v require_v there_o can_v be_v no_o part_n of_o england_n where_o the_o hand_n of_o some_o of_o they_o will_v not_o be_v soon_o know_v answ_n 3_o no_o true_a bill_n can_v fail_v of_o be_v pay_v in_o specie_fw-la and_o if_o the_o public_a shall_v be_v charge_v with_o some_o counterfeit_n the_o loss_n will_v bring_v no_o sensible_a inconvenience_n nor_o can_v it_o bear_v any_o proportion_n with_o the_o vast_a benefit_n of_o such_o a_o increase_n of_o the_o wealth_n of_o the_o nation_n so_o seasonable_o apply_v answ_n 4_o no_o objection_n will_v lie_v against_o these_o bill_n but_o what_o will_v be_v at_o least_o equal_a against_o those_o of_o the_o bank_n of_o england_n and_o all_o other_o bank_n which_o yet_o man_n be_v very_o ready_a to_o venture_v upon_o with_o a_o much_o less_o certain_a prospect_n of_o receive_v money_n for_o bill_n of_o credit_n or_o what_o may_v yield_v money_n when_o they_o have_v occasion_n which_o lead_v i_o to_o the_o consideration_n of_o the_o most_o promise_a of_o the_o other_o bank_n england_n the_o bank_n of_o england_n have_v raise_v the_o king_n 1200000_o l._n and_o perhaps_o have_v save_v he_o 200000_o l._n in_o the_o remittance_n of_o money_n this_o have_v a_o fund_z of_o 100000_o l._n per_fw-la an._n for_o 12_o year_n absolute_a and_o for_o ever_o till_o redeem_v by_o parliament_n which_o be_v in_o effect_n a_o perpetuity_n and_o if_o employ_v as_o above_o for_o 100_o year_n be_v worth_a 10_o million_o this_o bank_n be_v say_v to_o have_v pay_v 1200000_o l._n in_o to_o the_o exchequer_n in_o money_n and_o bill_n before_o one_o three_o of_o it_o be_v advance_v by_o the_o subscriber_n and_o to_o this_o day_n but_o 60_o l._n per_fw-la cent._n be_v pay_v in_o and_o yet_o that_o 60_o l._n sell_v for_o 100_o l._n notwithstanding_o large_a dividend_n and_o the_o loss_n perhaps_o of_o 200000_o l._n by_o the_o foreign_a exchange_n beside_o such_o bill_n as_o they_o have_v public_o make_v know_v to_o have_v be_v counterfeit_v and_o all_o wherein_o they_o have_v conceal_v their_o loss_n this_o have_v be_v do_v by_o the_o help_n of_o bill_n of_o credit_n though_o there_o can_v be_v no_o certainty_n but_o money_n may_v be_v call_v for_o fast_a than_o it_o come_v in_o nor_o be_v it_o certain_a as_o it_o will_v be_v in_o the_o crown-bank_n that_o the_o credit_n shall_v not_o extend_v not_o only_o beyond_o the_o fund_z as_o it_o have_v already_o but_o far_a than_o they_o can_v answer_v in_o payment_n though_o foreign_a merchant_n may_v take_v their_o bill_n because_o of_o their_o commerce_n here_o it_o be_v visible_a that_o it_o have_v not_o yet_o obtain_v credit_n with_o the_o bank_n at_o amsterdam_n for_o if_o it_o have_v it_o can_v not_o have_v lose_v so_o much_o by_o the_o exchange_n nor_o be_v it_o to_o be_v suppose_v that_o it_o ever_o will_v gain_v full_a credit_n there_o because_o of_o the_o extent_n of_o its_o credit_n at_o home_n beyond_o the_o real_a fund_z bank_n doctor_n chamberlain_n proposal_n as_o far_o as_o i_o can_v look_v into_o the_o mystery_n be_v this_o if_o a_o man_n make_v over_o 150_o l._n per_fw-la annum_fw-la for_o 150_o year_n to_o secure_v the_o payment_n of_o 100_o l._n yearly_a into_o his_o office_n in_o money_n or_o his_o bank_n bill_n for_o 100_o year_n and_o also_o pay_v 1000_o l._n in_o money_n at_o 4_o payment_n 400_o l._n at_o settle_v the_o estate_n 300_o l._n at_o the_o end_n of_o the_o first_o year_n 200_o l._n at_o the_o end_n of_o the_o second_o 100_o l._n at_o the_o end_n of_o the_o three_o he_o shall_v have_v bill_n for_o 6000_o l._n include_v his_o own_o 1000_o l._n of_o which_o 1000_o l._n when_o he_o seal_v 1100_o l._n at_o the_o end_n of_o the_o first_o year_n 1200_o l._n at_o the_o end_n of_o the_o second_o 1300_o l._n at_o the_o end_n of_o the_o three_o 1400_o l._n at_o the_o end_n of_o the_o forth_o beside_o 2000_o l._n in_o bill_n which_o with_o his_o 400_o l._n advance_v shall_v immediate_o be_v pay_v to_o the_o treasurer_n of_o the_o joint_a stock_n in_o trade_n to_o which_o 600_o l._n must_v be_v add_v as_o it_o come_v in_o and_o the_o party_n must_v pay_v 5_o ●_o per_fw-la cent_n yearly_o for_o the_o whole_a 8000_o l._n for_o the_o charge_n of_o the_o office_n and_o if_o man_n will_v lend_v money_n he_o propose_v for_o 1000_o l._n to_o pay_v 1400_o l._n in_o 4_o year_n where_o its_o observable_a 1._o whereas_o the_o office_n pretend_v to_o but_o 5_o ●_o per_fw-la cent_n it_o be_v a_o full_a five_o of_o the_o whole_a value_n for_o it_o be_v 2000_o l._n bill_n to_o the_o party_n 8000_o ●_o except_o his_o own_o 1000_o l._n and_o it_o be_v better_a than_o a_o three_o of_o what_o he_o receive_v to_o dispose_v of_o shall_v we_o admit_v that_o his_o bill_n will_v circulate_v 2._o he_o be_v so_o far_o from_o suppose_v that_o these_o bill_n will_v ever_o be_v pay_v in_o specie_fw-la that_o he_o make_v no_o manner_n of_o provision_n for_o it_o but_o allow_v the_o annuity_n which_o be_v the_o fund_z for_o the_o bill_n to_o be_v pay_v in_o bill_n and_o so_o the_o bill_n be_v to_o carry_v themselves_o from_o the_o bank_n and_o to_o the_o bank_n without_o any_o circulation_n or_o profit_n 3._o the_o circulation_n if_o any_o must_v be_v perform_v at_o the_o very_a beginning_n by_o one_o upon_o seven_o and_o a_o half_a 400_o l._n be_v all_o that_o be_v to_o be_v pay_v till_o the_o end_n of_o the_o first_o year_n to_o circulate_v the_o 1000_o l._n in_o bill_n receive_v by_o the_o party_n and_o the_o 2000_o l._n in_o bill_n put_v to_o the_o stock_n of_o trade_n unless_o what_o be_v accidental_a upon_o the_o come_n in_o of_o money_n lend_v which_o in_o truth_n clog_v the_o bank_n with_o 50_o ●_o per_fw-la annum_fw-la loss_n for_o every_o 1000_o l._n and_o that_o money_n will_v be_v no_o more_o than_o be_v requisite_a to_o clear_a encumbrance_n upon_o estate_n subscribe_v and_o if_o any_o part_n of_o the_o 400_o l._n first_o bring_v in_o be_v employ_v in_o trade_n that_o before_o profitable_a return_n leave_v the_o less_o to_o circulate_v the_o bill_n and_o if_o half_o be_v employ_v in_o trade_n 1_o l._n must_v circulate_v 15_o l._n 4._o if_o the_o annuity_n be_v to_o be_v pay_v in_o money_n which_o will_v be_v very_o hard_a upon_o they_o who_o have_v the_o bill_n dead_a by_o they_o yet_o the_o distance_n of_o 100_o year_n make_v it_o very_o questionable_a what_o 150_o l._n per_fw-la annum_fw-la shall_v hold_v out_o 100_o l._n per_fw-la annum_fw-la in_o all_o event_n 5._o if_o this_o be_v practicable_a it_o will_v be_v far_o from_o answer_v the_o great_a end_n which_o the_o doctor_n do_v or_o aught_o to_o propound_v of_o lessen_v the_o burden_n upon_o land_n for_o either_o man_n with_o encumber_a estate_n must_v not_o come_v in_o or_o if_o they_o do_v they_o will_v great_o abate_v the_o possibility_n of_o circulate_v the_o bill_n suppose_v a_o man_n of_o 150_o l._n per_fw-la annum_fw-la owe_v 1000_o l._n and_o take_v up_o the_o 1000_o l._n which_o he_o must_v advance_v or_o suppose_v only_o the_o first_o 400_o l._n be_v in_o money_n but_o for_o the_o rest_n he_o may_v bring_v the_o bill_n he_o receive_v from_o the_o bank_n in_o the_o first_o case_n he_o have_v occasion_n for_o five_o time_n as_o much_o money_n as_o a_o man_n of_o a_o clear_a estate_n bring_v to_o the_o bank_n if_o only_o the_o 400_o l._n be_v to_o be_v pay_v in_o money_n than_o indeed_o he_o will_v have_v occasion_n for_o less_o than_o 4_o time_n as_o much_o as_o the_o other_o bring_v but_o by_o the_o same_o rule_n there_o may_v never_o be_v more_o than_o the_o first_o 400_o l_o for_o every_o 150_o l._n per_fw-la annum_fw-la subscribe_v to_o circulate_v all_o the_o bill_n but_o if_o the_o man_n owe_v 1500_o l._n he_o be_v exclude_v from_o all_o benefit_n of_o this_o bank_n 6._o the_o lender_n will_v expect_v better_a security_n than_o can_v be_v find_v here_o shall_v he_o resort_v to_o his_o own_o money_n that_o be_v lend_v out_o to_o subscriber_n of_o land_n shall_v he_o go_v to_o their_o land_n that_o be_v make_v over_o to_o answer_v the_o annuity_n to_o the_o bank_n in_o its_o bill_n or_o money_n if_o in_o bill_n they_o be_v never_o likely_a to_o yield_v money_n if_o in_o money_n that_o must_v be_v lay_v out_o to_o purchase_v bill_n and_o they_o be_v to_o be_v cancel_v

the_o bill_n upon_o that_o estate_n shall_v not_o pass_v these_o bill_n not_o be_v personal_a charge_n quere_z 1_o whether_o the_o party_n that_o receive_v they_o be_v in_o as_o good_a a_o condition_n as_o he_o that_o receive_v a_o note_n from_o a_o banker_n man_n quere_z 2_o whether_o this_o perversion_n of_o the_o nature_n of_o bill_n of_o exchange_n which_o hitherto_o have_v be_v personal_a and_o now_o be_v turn_v upon_o land_n which_o can_v neither_o answer_v nor_o receive_v letter_n of_o advice_n nor_o be_v out_o of_o countenance_n when_o bill_n be_v protest_v be_v not_o a_o invention_n as_o new_a to_o the_o lawyer_n as_o to_o the_o merchant_n obj._n 7_o suppose_v the_o bank_n lend_v 10000_o l._n to_o a_o man_n who_o after_o settle_v his_o estate_n to_o the_o use_n of_o the_o bank_n according_a to_o this_o new_a contrivance_n mortgage_n to_o a_o other_o who_o know_v nothing_o of_o the_o first_o mortgage_n for_o 10000_o l._n bona_fw-la fide_fw-la pay_v quere_z whether_o the_o second_o mortgagee_n shall_v not_o in_o equity_n compel_v the_o first_o trustee_n to_o assign_v the_o legal_a estate_n to_o he_o and_o exclude_v the_o new_a trustee_n from_o a_o equity_n which_o have_v be_v no_o otherwise_o vest_v in_o they_o than_o as_o above_o and_o what_o regard_n in_o this_o case_n will_v the_o court_n of_o chancery_n have_v to_o the_o intend_a charge_n upon_o the_o estate_n by_o that_o blind_a and_o inauthoritative_a reference_n to_o a_o book_n of_o entry_n or_o suppose_v the_o trustee_n to_o who_o the_o state_n be_v convey_v and_o be_v likely_a to_o be_v disoblige_v by_o be_v vote_v out_o of_o the_o trust_n of_o the_o equity_n which_o be_v design_v to_o govern_v the_o legal_a interest_n shall_v join_v with_o the_o mortgagor_n in_o assurance_n to_o other_o who_o will_v be_v in_o the_o best_a condition_n those_o other_o person_n or_o the_o bank_n bank_n in_o such_o difficulty_n be_v these_o gentleman_n involve_v by_o run_v in_o the_o dark_a byond_a their_o guide_n mr._n briscoe_n who_o sometime_o before_o they_o set_v up_o have_v make_v a_o very_a rational_a proposal_n for_o turn_v all_o the_o land_n of_o the_o kingdom_n which_o shall_v be_v convey_v to_o trustee_n for_o the_o use_n of_o the_o bank_n into_o a_o live_a stock_n and_o ease_v other_o of_o their_o excessive_a load_v by_o bring_v a_o million_o of_o money_n to_o circulate_v 4_o million_o of_o bill_n charge_v upon_o land_n and_o money_n the_o whole_a fund_z making_z good_a every_o bill_n yet_o no_o man_n land_n be_v to_o continue_v in_o long_a than_o he_o please_v but_o he_o may_v withdraw_v it_o at_o any_o time_n pay_v the_o money_n which_o he_o have_v take_v up_o there_o and_o his_o proportion_n of_o loss_n if_o any_o have_v then_o happen_v and_o whether_o he_o have_v occasion_n for_o money_n or_o no_o he_o be_v to_o take_v up_o one_o year_n revenue_n of_o his_o land_n that_o the_o bank_n may_v be_v the_o first_o mortgagee_n if_o after_o settle_v his_o estate_n he_o shall_v borrow_v elsewhere_o and_o then_o take_v up_o money_n of_o the_o bank_n indeed_o mr._n neal_n have_v add_v to_o this_o bill_n for_o a_o other_o year_n revenue_n to_o be_v lend_v the_o bank_n as_o so_o much_o cash_n but_o i_o do_v not_o see_v how_o these_o bill_n can_v yield_v more_o credit_n than_o those_o which_o the_o director_n have_v power_n to_o charge_n upon_o the_o whole_a fund_z and_o consequent_o upon_o every_o particular_a estate_n but_o as_o the_o bill_n be_v likely_a to_o be_v current_n to_o the_o value_n of_o the_o fund_z and_o all_o the_o land_n mortgage_v to_o the_o bank_n for_o so_o much_o as_o be_v borrow_v become_v fund_z though_o not_o entitle_v to_o profit_n and_o loss_n the_o fund_z for_o make_v good_a the_o bill_n may_v extend_v as_o far_o as_o the_o occasion_n of_o the_o landed-man_n and_o therefore_o the_o bank_n bill_n may_v pass_v as_o far_o with_o the_o help_n of_o such_o money_n as_o will_v flow_v into_o it_o when_o the_o value_v of_o the_o land_n and_o the_o title_n be_v ascertain_v they_o can_v fail_v of_o be_v a_o fund_z of_o credit_n for_o 3_o 4_o this_o of_o the_o value_n and_o therefore_o he_o who_o subscribe_v 100_o l._n per_fw-la ann._n be_v to_o have_v credit_n for_o 1500_o l._n and_o his_o share_n in_o the_o bank_n according_o and_o yet_o shall_v receive_v the_o yearly_a income_n pay_v his_o proportion_n of_o loss_n and_o such_o money_n or_o bill_n as_o he_o take_v up_o and_o as_o the_o interest_n which_o himself_o pay_v be_v part_n of_o the_o profit_n in_o which_o he_o share_v it_o be_v high_o probable_o that_o he_o can_v pay_v 2_o l._n per_fw-la cent._n after_o the_o first_o year_n and_o after_o that_o will_v receive_v more_o per_fw-mi cent_z than_o he_o have_v pay_v on_o the_o other_o side_n he_o that_o subscribe_v 1500_o l._n shall_v have_v equal_a advantage_n with_o the_o subscriber_n of_o 100_o l_o per_fw-la an._n and_o 3_o l._n per_fw-la cent._n for_o the_o whole_a from_o his_o first_o payment_n nor_o can_v his_o money_n be_v call_v in_o fast_a than_o at_o 10_o quarterly_a payment_n but_o if_o he_o choose_v to_o pay_v fast_o he_o may_v have_v interest_n at_o 3_o l._n per_fw-la cent._n for_o all_o above_o the_o payment_n then_o due_a yet_o some_o of_o the_o present_a director_n lodge_v many_o thousand_o there_o without_o interest_n and_o if_o we_o may_v conjecture_v by_o the_o increase_n of_o credit_n in_o the_o bank_n of_o england_n which_o have_v a_o much_o less_o and_o less_o certain_a fund_z it_o be_v not_o to_o be_v think_v that_o more_o than_o half_a the_o subscription-money_n need_v be_v call_v in_o and_o then_o they_o will_v have_v 6_o l._n per_fw-la cent._n certain_a beside_o their_o share_n in_o the_o profit_n though_o these_o payment_n may_v seem_v too_o slow_a to_o set_v the_o bank_n in_o credit_n especial_o after_o the_o coin_n be_v regulate_v and_o man_n will_v be_v less_o fond_a of_o bill_n than_o they_o have_v be_v yet_o such_o a_o fund_z can_z never_o fail_v of_o command_a money_n where_o it_o be_v needful_a nor_o will_v man_n unnecessary_o call_v for_o money_n while_o they_o can_v have_v so_o good_a bill_n especial_o if_o this_o bank_n be_v establish_v by_o ast_n of_o parliament_n in_o consequence_n of_o which_o it_o will_v soon_o become_v a_o registry_n for_o most_o of_o the_o land_n in_o the_o kingdom_n and_o if_o it_o be_v make_v so_o for_o such_o as_o will_v voluntary_o enter_v their_o land_n and_o encumbrance_n or_o the_o claim_n which_o they_o have_v and_o be_v 100000_o l._n per_fw-la an_n settle_v for_o 40_o year_n for_o 1600000_o l._n to_o the_o public_a whereas_o the_o bank_n of_o england_n have_v in_o effect_n a_o perpetuity_n for_o 1200000_o l._n it_o will_v make_v this_o bank_n no_o mean_a rival_n to_o that_o of_o amsterdam_n beside_o the_o raise_n land_n to_o 40_o year_n purchase_v general_o and_o that_o in_o bank_n to_o much_o more_o nor_o can_v it_o be_v think_v that_o the_o landed-man_n who_o must_v needs_o have_v the_o prevail_a interest_n in_o parliament_n can_v long_o neglect_v those_o advantage_n which_o will_v set_v they_o upon_o a_o equal_a bottom_n with_o the_o trader_n and_o usurer_n the_o most_o weighty_a objection_n which_o i_o have_v meet_v with_o against_o this_o bank_n be_v these_o two_o obj._n 1_o that_o the_o subscriber_n of_o money_n be_v not_o secure_a because_o the_o landed-man_n may_v withdraw_v his_o estate_n answ_n 1_o but_o it_o be_v to_o be_v consider_v that_o this_o hazard_n be_v the_o same_o to_o every_o landed-man_n that_o continue_v in_o and_o beside_o all_o bear_v their_o pro_fw-la portion_n while_o they_o stay_v in_o and_o pay_v at_o their_o go_v out_o and_o therefore_o be_v upon_o equal_a hazard_n answ_n 2_o if_o i_o mistake_v not_o the_o monied-man_n may_v have_v credit_n for_o 3_o 4th_n of_o the_o value_n of_o his_o whole_a subscription_n and_o extend_v that_o credit_n in_o bank_n bill_n and_o if_o this_o use_n of_o his_o stock_n will_v not_o for_o that_o time_n be_v like_o a_o withdrawing_a so_o much_o yet_o if_o he_o shall_v never_o be_v able_a to_o bring_v this_o back_n to_o the_o bank_n this_o may_v be_v worse_o than_o a_o landman_n withdraw_a his_n land_n answ_n 3_o the_o subscriber_n of_o land_n either_o come_v with_o clear_a estate_n or_o owe_v money_n upon_o they_o in_o the_o first_o case_n the_o money_a man_n have_v great_a reason_n to_o be_v thankful_a that_o they_o give_v the_o bank_n credit_n for_o 2000_o l._n actual_o convey_v and_o in_o effect_n bring_v in_o to_o every_o 1500_o l._n subscribe_v in_o money_n when_o but_o a_o 10_o part_n be_v pay_v in_o and_o possible_o there_o may_v never_o be_v 4_o 10th_n more_o and_o if_o any_o land_a man_n shall_v withdraw_v the_o benefit_n that_o be_v expect_v and_o will_v be_v