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A77440 A brief memorial wherein the present case of the antient leasees, the inward pawn sub-tenants, and the outward pawn present tenants, of the Royal exchange [is] ... stated. : As also some animadversions ... relating to the ... revenue of the said place ... / By an unfeigned welwisher to the flourishing estate of the city of London ... T. P. (Theophilus Philalethes) 1674 (1674) Wing B4604; ESTC R170805 39,573 61

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Continent how glad would they be of such an Accommodation who are in perpetual Fear and Jeopardy every day by incursions from their Neighbours As also for the Temper of the Climate for the Valour of its Subjects for the Disposition of the People Cum multis aliis quae nunc c. and which is the Top-stone of this most stately Structure for the most pure and most spiritual Worship of God that is here exhibited and enjoyed of any Nation at this day under the Sun And when I said for the Constitution of its Government there is again such an Emphasis in those words that I must make a double Retreat viz. under a Mild and Gentle and not a Tyrannical Prince Whereas in many other Countreys their Monarchs do say Sic volo sic jubeo stat pro ratione voluntas c. But blessed be God in this Island we are not in the same Condition but we can say according to that generally received and known Maxim in the Law Our Gracious King by the Constitution of the Government it self can doe no Wrong it being beneath the State and Majesty of a Prince to execute any of his Laws in his own Person but if any wrong be done in matters of State the Councel and if in Matters of Law the Judges the subordinate Magistrates the Justices and all other inferiour Officers whose Power is onely derivative from this Fountain are to give an Account for Male-administration and by this ancient and most famous Triple League of King Lords and Commons God grant that it may never be broken nor dissolved this Trinity of words and their Trinity in Unity and Unity in Trinity which with Reverence be it spoken is a fair Representation and Illustration of the Trinity and Unity of the three sacred Persons in the highest Heavens And although they are not one in Nature and Essence as is alleadged and acknowledged by some and is also an Article of their Faith as to those three Divine Persons which is altogether impossible as having their distinct Beings their distinct Offices their distinct Names and although in so near a Conjunction consist of many distinct Persons yet they are one in mutual Consent and Agreement and here the Socinians will tell you that three distinct Persons either Divine Angelical or Humane to be made one in Nature and Essence is altogether impossible and will never be made out to any rational Man while the world stands and for any Person to inferr from hence that because they are one in mutual Consent and Agreement therefore they are co-ordinate in Power and Authority I presume is a very great Mistake and to say that the Kings most Excellent Majesty is Major singulis sed Minor Vniversis is an Expression of the same validity and import for then it would unavoidably follow that we have at this day in our Nation three Supreams whereas in Reason there cannot possible be unless we should root out eradicate and subvert the common and in-bred Notion of Mankind but one Supream But suppose it had some colour of Truth in it which we will admit for Arguments sake that they are co-ordinate in Power by virtue of this Unity yet it is onely in the Legislative Power and here also for matter of advice and councel onely for they are called the great Council of the Nation and they are summoned by the Kings Writ and do sit not as long as they please but durante Regis beneplacito and for the Executive power all the Laws of England run in his Majesties Name and a breach of them are deemed and reputed a breach of his Majesties Laws And although you may say also concerning his Vice-royes Ambassadours and Deputy-Lievtenants that in some sence they are co-ordinate in Power by reason they do many things in as uncontrollable a manner as if the King himself were personally present and an affront offered to them is an affront offered to the King himself for it terminates in him inasmuch as they do represent the Kings Person and Authority But since these rational Demonstrations border too much upon the Socinian Tenents which in this and other precedent Ages have been by most men esteemed and reputed heterodox I must forbear But yet this I say by vertue of this Trinity in Unity and Unity in Trinity viz. this mutual Oneness and Agreement in Consent one with another this Constitution and Foundation hath continued stedfast and immoveable for so many hundred years save onely of late years by a most strange and unheard of Catastrophe and by a most dismal and prodigious Interval and God grant that it may still continue to run in the same Channel rather than in a worse untill Shiloh come c. And now my ever Honoured most Noble and my much esteemed good Lord and you the worthy Knights Gentlemen and Citizens Members of this Grand Committee although this new-born and tender Infant for some Reasons inducing me thereunto comes to wait on you in this naked and unexpected Dress viz. incognito and thereupon not attended with that formal and accustomed Ceremony too often used in this and the like Cases the more is the pity of Espousing parties to second his honest and plain-hearted design yet if this tender Babe by all the Circumstances and Arguments herein contained be not able to speak for it self and to plead its own Cause then let all the Concerns thereof henceforward and for ever fall to the ground but if it shall so far prevail as to contribute any thing towards the Relief of those Persons for whom it was first designed and of whom you have here a particular Catalogue I have my desire For as according to our common and proverbial saying viz. We are not all born to be Rich so on the other hand which is of a far more saving and universal tendency Non nobis solum nati sumus And inasmuch as I can expect no Consideration or Gratuity from any particular Man or from any number or Society of men for my pains in Writing or Expence in Printing this present Address to you of this Honourable Court so shall I be willing to rest satisfied and contented in this viz. That it was for a general and publick Good and therefore I shall place it as you ought de jure in my slender apprehensions according to the precedent Reasons but with a Reserve alwayes to your more accurate and discerning Judgements the Charge of your Royal Exchange viz. to the publick Accompt and that in sure and certain hopes also for I will still run parallel with you that in process of time it may pay both Principal and Interest only yours is certain and mine uncertain but dum spiro spero and in the Conclusion may with an Over-plus turn something of Advantage unto your Authors accompt In the mean while if it do not at present answer the Expectations and Desires of those poor Persons who doe still wait and expect with patience some Relief from your Clemency
Interest of your money And you have not rested here neither I do not speak here to any of you personally and in particular but only as you are now assembled in Court but it is said that you have made your Tenants pay by way of overplus for their Windows for their Stalls and for the backs and footpaces of your said Shops and whoever heard that houses and shops were ever let by Lease or yearly Rent without the essential properties and necessary adjuncts and qualifications of Doors and Windows thereunto appertaining and belonging but they were not put upon any such stratagem by reason that they did build and rely so much upon your Clemency Moderation and Indulgence towards them But I hope these precedent arguments before mentioned as to this insensible Revenue and as to the flourishing estate of your Royal City will for the future take some impression upon all the hearts of this honourable Court whereby they may answer the desires and expectations of all their immediat Tenants who are concerned herein to all intents and purposes And now as to the flourishing and thriving estate of your Metropolitan City I may very well compare it unto a large pleasant and fertile Park and for methods and illustrations sake we will call it the Park of Englands Nonsuch out of which in seven years time is rouzed out of the brakes and hunted out of the woodsthereof many an overgrown Deer into the Chamber of London and when he comes there if he bleeds freely before the Lord keepers of the said Park either in spring or fall or about or near the time the Sun enters the Equinoctial it is a very great sign that he is fat within and of a sanguine and healthful Constitution and the several ounces there taken from him are preserved in publick store not only as a worthy relique to preserve his future remembrance but also of soveraign use and benefit to be expended upon all occasions here is your publique revenue and publick charges within a very small compass very happily and opportunely met and joyned together and by my consent they should never again be parted or divorced but for some extraordinary and special occasion given for the same towards the continual repair and keeping up of the inclosures the Pales and the Walls of the said Park in order to the greater security and preservation for the future of the rest of the Herd But if this will not do and if you are still resolved to charge upon your Tenants the whole stress and weight of the building which I am afraid is so heavy as that they will never be able long to support themselves under it then I will adventure to make one step farther with you whereby to alleviate the present charge of your said Tenants and that is by an humble proposal unto this honourable Court viz. That you would be pleased to procure an act of Common Councel which your several Charters and Priviledges for your Liberties for all necessary charges will bear you out in whereby to levy 20 or 40 s. per annum which will be but a very inconsiderable charge unto them though in the whole will amount unto a very considerable summe upon every eminent Merchant and Broker who do daily frequent your Royal Exchange and there deal for thousands and ten thousands in a week and pay nothing for their Station rather than levy the whole charge upon the present and God knows many of them very poor inhabitants But if in case an act of Common Councel will not reach them then to be sure an Act of Parliament will do it and that effectually to all intents and purposes But you will now object and say especially on the Companies side That according to these maxims reasons and considerations the City of London receives more benefit and advantage by far as to this insensible revenue here discussed and described by the rebuilding of the City of London and in particular the Royal Exchange within the said place and by the constant flourishing and thriving estate thereof then the Mercers do and yet they are both equally concerned as to the charge of the rebuilding thereof In answer hereunto I must acknowledge and ingeniously confess the truth hereof in the affirmative and the truth of it is by all the Rhetorick in my budget and by all the arguments and reasons that I can rally up and muster together I am not able to solve this objection with satisfaction to any rational man whatsoever Wherefore if the City and Company would agree and it is great pity that such an Antient Society and such co-partners who have lived so long together in Amity and Unity should now fall out to put it to the Vote in the next Common-Hall holden for the City of London they should have both my hands as an unworthy member thereof that the City should contribute two thirds and the Right Worshipful Company of Mercers one third toward the charge of the Building and when this is done that they should both as co-partners still be equally concerned as to the rents incomes revenues and profits of the same And here by the way although neither of you do receive a proportionable revenue and income in your way and method and by the measures as you have taken for the same according to your primary expectations yet behold here is Honour Credit and reputation enough in the case to supply that defect for now since the rebuilding of your most stately and most Magnificent structure for as to the whole these are proper and deserving Epithites and as to the accommodation for Traders I could wish it were so in every part and parcel thereof you my Lord Mayor the representative Body of the City of London and you the worthy members of this grand Committee the representative Body of the right Worshipful Company of Mercers are now esteemed and reputed as famous for your zeal care and for your expedition in order to the accomplishment of the said building as the worthy Sir Thomas Gresham was formerly and ever will be as long as your City stands who was the first Founder thereof and truly this is a very great honour indeed for how many persons hath there been in the World who have done many Worthy and most Noble acts in order to perpetuate their names unto posterity and to leave a good example behind them that others might be induced and encouraged to follow and tread in their steps and as I have been informed a very worthy Person of this Nation who did formerly proffer which would have cost him many thousand pounds to finish upon his own cost and charges the Quadrangle of Christ Church Colledge in Oxford upon condition that he might be made 〈◊〉 but Co-founder which it seems was such an high punctillio of Honour Credit and Reputation esteemed by the Heads of the said Colledge and of which they were so tender and careful as that they would by no meanes admit thereof