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england_n king_n time_n year_n 19,963 5 5.0438 4 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A62677 Some remarks upon the bank and other pretended banks with reasons humbly offered to the consideration of the present Parliament for establishing a real land-fund, or a money and land bank; under a regular managery, with unquestionable controuls and checks upon them: By Philalethes. Tindall, William. 1696 (1696) Wing T1304A; ESTC R219328 4,973 7

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as_o well_o as_o banker_n that_o set_v up_o the_o scotch_a east-india_n company_n pass_v and_o better_o approve_v than_o either_o silver_n or_o gold_n except_o mill'd-money_n though_o 5_o year_n ago_o it_o be_v foresee_v by_o capt._n a._n stamp_n who_o offer_v a_o million_o to_o have_v all_o the_o money_n and_o plate_n recoined_a and_o milled_a to_o prevent_v counterfeit_v and_o clip_v abate_v 2_o d._n weight_n of_o the_o ounce_n but_o sterling_a silver_n but_o if_o tally_n or_o bill_n be_v make_v current_n by_o parliament_n upon_o a_o real_a land-fund_a at_o 3_o l._n per_fw-la cent._n it_o will_v be_v more_o valuable_a and_o advantageous_a to_o all_o by_o have_v trustee_n choose_v to_o the_o people_n entire_a satisfaction_n let_v the_o profit_n which_o be_v the_o interest_n go_v towards_o the_o charge_n of_o the_o war_n when_o once_o understand_v will_v be_v more_o preferable_a than_o money_n but_o it_o be_v a_o new_a thing_n it_o will_v require_v 3_o or_o 4_o year_n to_o put_v it_o in_o practice_n as_o the_o penny-post_n do_v which_o be_v of_o public_a use_n now_o say_v the_o country_n gentleman_n or_o the_o freeholder_n philalethes_n you_o say_v enough_o of_o the_o profit_n to_o make_v the_o people_n that_o live_v upon_o high_a interest_n and_o the_o rich_a moneyed_a and_o landed-man_n to_o join_v their_o stock_n to_o let_v we_o have_v money_n at_o 3_o l._n 10_o s._n or_o 3_o l._n per_fw-la cent._n but_o at_o the_o same_o time_n tell_v we_o that_o tally_n or_o bill_n on_o a_o real_a land-fund_a be_v most_o advantageous_a to_o all_o but_o without_o money_n to_o make_v they_o circulate_v it_o will_v not_o easy_o be_v put_v in_o practice_n under_o 2_o or_o 3_o year_n in_o which_o time_n the_o usurer_n and_o the_o money_n and_o landed-man_n may_v be_v hard_a upon_o we_o though_o we_o pay_v but_o 3_o l._n 10_o s._n or_o 3_o l._n per_fw-la cent._n if_o it_o fall_v into_o the_o hand_n of_o those_o rich_a or_o cunning_a spark_n that_o be_v join_v who_o have_v call_v 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above_o 5_o million_o and_o ½_n beside_o all_o charge_n of_o office_n and_o officer_n as_o instance_n pro_fw-la bono_fw-mi publico_fw-la admit_v 10_o million_o which_o be_v the_o 40th_o part_n at_o 3_o l._n 10_o s._n per_fw-la cent_n per_fw-la an._n that_o be_v 350000_o l._n per_fw-la an._n to_o continue_v for_o 10_o year_n will_v raise_v and_o pay_v 3_o million_o and_o a_o half_a but_o suppose_v 50_o million_o which_o some_o call_v a_o 8_o but_o we_o will_v admit_v a_o 6_o part_n which_o be_v much_o short_a of_o what_o some_o projector_n pretend_v to_o know_v there_o be_v occasion_n for_o the_o interest_n of_o which_o 50_o million_o at_o 3_o l._n 10_o s._n per_fw-la cent_n be_v 1750000_o l._n per_fw-la an._n which_o in_o ten_o year_n pay_v 17_o million_o and_o a_o half_a debt_n by_o this_o scheme_n the_o freee_v holder_n get_v almost_o as_o much_o as_o they_o give_v the_o public_a but_o if_o it_o save_v their_o land_n from_o be_v tax_v than_o they_o get_v by_o this_o trust-security_n of_o the_o real_a land-fund_a 17_o million_o and_o a_o half_a in_o ten_o year_n time_n which_o will_v enable_v the_o king_n and_o his_o subject_n to_o carry_v on_o the_o war_n with_o vigour_n until_o his_o majesty_n become_v conqueror_n collumba_fw-la dianae_n philalethes_n note_v there_o have_v be_v much_o giddiness_n in_o print_n about_o the_o subject_n of_o bank_n and_o there_o may_v be_v counterfeit-money_n bill_n and_o bad_a title_n those_o be_v bug-beats_a to_o fright_v child_n but_o there_o be_v man_n of_o understanding_n can_v prevent_v all_o these_o foolery_n by_o managery_n the_o parliament_n in_o their_o great_a wisdom_n may_v for_o the_o present_a settle_v method_n as_o they_o please_v if_o nothing_o in_o this_o be_v approve_v but_o it_o be_v humble_o pray_v that_o no_o bank_n be_v so_o establish_v but_o redeemable_a by_o parliament_n and_o not_o to_o prevent_v better_a way_n and_o mean_n that_o may_v be_v offer_v by_o any_o other_o for_o the_o future_a or_o propose_v by_o march_n 2._o 1695._o william_n tindall_n london_n print_v for_o e._n whitlock_n near_o stationers-hall_n 1695._o