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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
land_n acre_n shilling_n worth_a 1,731 5 10.0348 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A32833 A new discourse of trade wherein is recommended several weighty points relating to companies of merchants : the act of navigation, naturalization of strangers, and our woollen manufactures, the balance of trade, and the nature of plantations, and their consequences in relation to the kingdom, are seriously discussed and some proposals for erecting a court of merchants for determining controversies, relating to maritime affairs, and for a law for transferrance of bills of depts, are humbly offered / by Josiah Child. Child, Josiah, Sir, 1630-1699.; Culpeper, Thomas, Sir, 1578-1662. Small treatise against usury. 1693 (1693) Wing C3860; ESTC R5732 114,526 332

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market_n than_o the_o old_a english_a merchant_n and_o those_o that_o can_v sell_v cheap_a will_v infallible_o engross_v the_o whole_a trade_n soon_o or_o late_a 3._o of_o all_o the_o american_n plntation_n his_o majesty_n have_v none_o so_o apt_a for_o the_o build_n of_o ship_n as_o new-england_n nor_o none_o comparable_o so_o qualify_v for_o the_o breed_n of_o seaman_n not_o only_o by_o reason_n of_o the_o natural_a industry_n of_o that_o people_n but_o principal_o by_o reason_n of_o their_o cod_n and_o mackerel_n fishery_n and_o in_o my_o poor_a opinion_n there_o be_v nothing_o more_o prejudicial_a and_o in_o prospect_n more_o dangerous_a to_o any_o mother_n kingdom_n than_o the_o increase_n of_o ship_n in_o their_o colony_n plantation_n or_o province_n 4._o the_o people_n that_o evacuate_v from_o we_o to_o barbados_n and_o the_o other_o west-india_n plantation_n as_o be_v before_o hint_v do_v common_o work_v one_o english_a man_n to_o ten_o or_o eight_o black_n and_o if_o we_o keep_v the_o trade_n of_o our_o say_a plantation_n entire_o to_o england_n england_n will_v have_v no_o less_o inhabitant_n but_o rather_o a_o increase_n of_o people_n by_o such_o evacuation_n because_o that_o one_o english_a man_n with_o the_o ten_o black_n that_o work_n with_o he_o account_v what_o they_o eat_v use_v and_o wear_v will_v make_v employment_n for_o four_o man_n in_o england_n as_o be_v say_v before_o whereas_o peradventure_o of_o ten_o man_n that_o issue_n from_o we_o to_o new-england_n &_o ireland_n what_o we_o send_v to_o or_o receive_v from_o they_o do_v not_o employ_v one_o man_n in_o england_n to_o conclude_v this_o chapter_n and_o to_o do_v right_a to_o that_o most_o industirous_a english_a colony_n i_o must_v confess_v that_o though_o we_o lose_v by_o their_o unlimited_a trade_n with_o our_o foreign_a plantation_n yet_o we_o be_v very_o great_a gainer_n by_o their_o direct_a trade_n to_o and_o from_o old-england_n our_o yearly_o exportation_n of_o english_a manufacture_n malt_n and_o other_o good_n from_o hence_o thither_o amount_v in_o my_o opinion_n to_o ten_o time_n the_o value_n of_o what_o be_v import_v from_o thence_o which_o calculation_n i_o do_v not_o make_v at_o randum_fw-la but_o upon_o mature_a consideration_n and_o peradventure_o upon_o as_o much_o experience_n in_o this_o very_a trade_n as_o any_o other_o person_n will_v pretend_v to_o and_o therefore_o when_o ever_o a_o reformation_n of_o our_o correspondency_n in_o trade_n with_o that_o people_n shall_v be_v think_v on_o it_o will_v in_o my_o poor_a judgement_n require_v great_a tenderness_n &_o very_o serious_a circumspection_n finis_fw-la a_o small_a treatise_n against_o usury_n to_o leave_v the_o proof_n of_o the_o unlawfulness_n of_o usury_n to_o divine_n wherein_o a_o number_n as_o well_o protestant_n as_o papist_n have_v learned_o write_v here_o be_v only_o set_v down_o some_o argument_n to_o show_v how_o great_a the_o hurt_n be_v it_o do_v to_o this_o kingdom_n which_o have_v no_o gold_n nor_o silver_n mine_n but_o plenty_n of_o commodity_n and_o many_o and_o great_a advantage_n of_o trade_n to_o which_o the_o high_a rate_n of_o usury_n be_v a_o great_a prejudice_n and_o decay_v for_o proof_n how_o much_o the_o high_a rate_n of_o usury_n decay_v trade_n we_o see_v that_o general_o all_o merchant_n when_o they_o have_v get_v any_o great_a wealth_n leave_v trading_n and_o fall_v to_o usury_n the_o gain_n thereof_o be_v so_o easy_a certain_a and_o great_a whereas_o in_o other_o country_n where_o usury_n be_v at_o a_o low_a rate_n and_o thereby_o land_n dear_a to_o purchase_v they_o continue_v merchant_n from_o generation_n to_o generation_n to_o enrich_v themselves_o and_o the_o state_n neither_o be_v they_o rich_a tradesman_n only_o that_o give_v over_o trading_n but_o a_o number_n of_o beginner_n be_v undo_v or_o discourage_v by_o the_o high_a rate_n of_o usury_n their_o industry_n serve_v but_o to_o enrich_v other_o and_o beggar_n themselves_o we_o also_o see_v many_o trade_n themselves_o much_o decay_a because_o they_o will_v not_o afford_v so_o great_a a_o gain_n as_o ten_o in_o the_o hundred_o whereas_o if_o the_o rate_n of_o usury_n be_v not_o high_o here_o then_o in_o other_o country_n they_o have_v still_o subsist_v and_o flourish_v and_o perhaps_o with_o as_o much_o advantage_n to_o the_o public_a as_o those_o that_o do_v bring_v more_o to_o the_o private_a adventurer_n yet_o be_v not_o those_o the_o great_a hindrance_n the_o high_a rate_n of_o money_n bring_v to_o trade_n our_o great_a disadvantage_n be_v that_o other_o nation_n especial_o our_o industrious_a neighbour_n the_o dutch_a be_v therein_o wise_a than_o we_o for_o with_o they_o and_o so_o in_o most_o country_n with_o who_o we_o hold_v commerce_n there_o be_v not_o any_o use_n for_o money_n tolerate_v above_o the_o rate_n of_o six_o in_o the_o hundred_o whereby_o it_o must_v of_o necessity_n come_v to_o pass_v though_o they_o have_v no_o other_o advantage_n of_o industry_n and_o frugality_n that_o they_o must_v out-trade_n we_o for_o if_o they_o make_v return_v of_o ten_o per_fw-la cent_z they_o almost_o double_a the_o use_v allow_v and_o so_o make_v a_o very_a gainful_a trade_n but_o with_o we_o where_o ten_o in_o the_o hundred_o be_v so_o currant_n it_o be_v otherwise_o for_o if_o we_o make_v not_o above_o ten_o we_o be_v loser_n and_o consequent_o the_o same_o trade_n be_v with_o they_o and_o we_o equal_o good_a for_o the_o public_a be_v to_o the_o private_a adventurer_n lossful_a with_o we_o with_o they_o very_o gainful_a and_o where_o the_o good_a of_o public_a and_o private_a man_n go_v not_o together_o the_o public_a be_v seldom_o great_o advance_v and_o as_o they_o out-trade_n so_o they_o may_v afford_v to_o under-sell_a we_o in_o the_o fruit_n of_o the_o earth_n which_o be_v equal_o natural_a to_o our_o and_o their_o land_n as_o to_o our_o great_a shame_n we_o see_v our_o neighbour_n the_o dutch_a do_v even_o in_o 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be_v no_o gainful_a trade_n money_n itself_o go_v at_o ten_o in_o the_o hundred_o but_o in_o the_o low-countries_n where_o money_n go_v at_o six_o the_o building_n of_o ship_n and_o hire_v they_o to_o other_o be_v a_o gainful_a trade_n and_o so_o the_o stock_n of_o rich_a man_n and_o the_o industry_n of_o beginner_n be_v well_o join_v for_o the_o public_a and_o yet_o that_o which_o be_v above_o all_o the_o rest_n the_o great_a sin_n against_o the_o land_n be_v that_o it_o make_v the_o land_n itself_o of_o small_a value_n near_a the_o rate_n of_o new-found_a land_n than_o of_o any_o other_o country_n where_o law_n government_n and_o peace_n have_v so_o long_o flourish_v for_o the_o high_a rate_n of_o usury_n make_v land_n sell_v so_o cheap_a and_o the_o cheap_a sale_n of_o land_n be_v the_o cause_n man_n seek_v no_o more_o by_o industry_n and_o cost_n to_o improve_v they_o and_o this_o be_v plain_a both_o by_o example_n and_o demonstration_n for_o we_o see_v in_o other_o country_n where_o the_o use_v of_o money_n be_v of_o a_o low_a rate_n land_n be_v general_o sell_v for_o thirty_o forty_o in_o some_o for_o fifty_o year_n purchase_v and_o we_o know_v by_o the_o rule_n of_o bargain_v that_o if_o the_o rate_n of_o use_n be_v not_o great_a here_o then_o in_o other_o country_n land_n be_v then_o as_o good_a a_o penny_n worth_a at_o twenty_o year_n purchase_v as_o they_o be_v now_o at_o sixteen_o for_o land_n be_v the_o best_a assurance_n and_o secure_a inheritance_n will_v still_o b●ar_v a_o rate_n above_o money_n now_o if_o land_n be_v at_o thirty_o year_n purchase_v or_o near_o it_o there_o be_v no_o so_o cheap_a purchase_n as_o the_o amendment_n of_o our_o own_o land_n for_o it_o will_v be_v much_o cheap_a to_o make_v one_o acre_n of_o land_n now_o worth_a five_o shilling_n by_o the_o year_n to_o be_v worth_a ten_o shilling_n or_o be_v worth_a ten_o to_o be_v worth_a twenty_o shilling_n and_o so_o in_o proportion_n then_o to_o purchase_v a_o other_o acre_n worth_a five_o or_o ten_o shilling_n and_o in_o every_o acre_n thus_o purchase_v to_o the_o owner_n by_o the_o amendment_n of_o his_o own_o there_o be_v another_o purchase_v to_o the_o commonwealth_n and_o it_o be_v the_o blessing_n of_o god_n to_o this_o land_n that_o there_o be_v few_o place_n of_o it_o to_o which_o he_o have_v not_o give_v mean_n by_o reasonable_a cost_n and._n industry_n great_o to_o amend_v it_o in_o many_o to_o double_a the_o value_n so_o as_o in_o time_n if_o for_o their_o own_o good_a man_n industry_n be_v compel_v that_o way_n the_o riches_n and_o commodity_n of_o this_o land_n will_v near_o be_v double_v then_o will_v all_o the_o wet_a land_n in_o this_o kingdom_n soon_o be_v drain_v the_o barren_a land_n mend_v by_o marle_n sleech_n lime_n chalk_n sea-sand_n and_o other_o mean_n which_o for_o their_o profit_n man_n industry_n will_v find_v out_o we_o see_v with_o how_o great_a industry_n and_o charge_n our_o neighbour_n the_o dutch_a do_v drain_v and_o maintain_v their_o land_n against_o the_o sea_n which_o flow_v high_o above_o they_o than_o it_o do_v above_o the_o low_a part_n of_o our_o drown_a land_n i_o will_v admit_v a_o great_a deal_n to_o their_o industry_n but_o i_o shall_v very_o unwilling_o grant_v that_o they_o be_v so_o much_o more_o ingenuous_a and_o industrious_a than_o we_o as_o that_o all_o the_o odds_o be_v therein_o certain_o the_o main_a cause_n of_o it_o be_v that_o with_o we_o money_n be_v dear_a and_o land_n cheap_a with_o they_o land_n be_v dear_a and_o money_n cheap_a and_o consequent_o the_o improvement_n of_o their_o land_n at_o so_o great_a a_o charge_n with_o they_o be_v gainful_a to_o the_o owner_n which_o with_o we_o will_v be_v lossful_a for_o usury_n go_v at_o ten_o in_o the_o hundred_o if_o a_o man_n borrow_v five_o pound_n and_o bestow_v it_o on_o a_o acre_n of_o ground_n the_o amendment_n stand_v he_o in_o ten_o shilling_n the_o year_n and_o be_v amend_v the_o land_n be_v not_o worth_a above_o fifteen_o year_n purchase_v but_o if_o the_o use_v of_o money_n go_v at_o no_o more_o with_o we_o then_o in_o other_o place_n than_o five_o pound_n bestow_v upon_o a_o acre_n of_o gound_o will_v stand_v a_o man_n but_o in_o five_o or_o six_o shilling_n a_o year_n and_o the_o acre_n of_o land_n so_o amend_v will_v be_v worth_a as_o have_v be_v show_v six_o and_o twenty_o or_o thirty_o year_n purchase_n whereby_o it_o appear_v that_o as_o the_o rate_n of_o use_v now_o go_v no_o man_n but_o where_o the_o land_n lie_v extraordinary_o happy_o for_o it_o can_v amend_v his_o land_n but_o to_o his_o own_o loss_n whereas_o if_o money_n be_v let_v as_o it_o be_v in_o other_o country_n he_o may_v bestow_v more_o than_o double_a so_o much_o as_o now_o he_o may_v and_o yet_o be_v a_o great_a gainer_n thereby_o and_o consequent_o as_o be_v before_o remember_v shall_v to_o his_o own_o benefit_n purchase_v land_n to_o the_o commonwealth_n neither_o will_v such_o purchase_n of_o land_n to_o the_o commonwealth_n be_v the_o benefit_n to_o the_o land_a man_n only_o the_o benefit_n will_v be_v as_o much_o to_o the_o poor_a labourer_n of_o the_o land_n for_o now_o when_o corn_n and_o other_o fruit_n of_o the_o land_n which_o grow_v by_o labour_n be_v cheap_a the_o plough_n and_o mattock_n be_v cast_v into_o the_o hedge_n there_o be_v little_a work_n for_o poor_a man_n and_o that_o at_o a_o low_a rate_n whereas_o if_o the_o mendment_n of_o their_o own_o land_n be_v the_o cheap_a purchase_n to_o the_o owner_n if_o there_o be_v many_o more_o people_n than_o there_o be_v they_o shall_v more_o ready_o be_v set_v a_o work_n at_o better_a rate_n than_o they_o now_o be_v and_o none_o that_o have_v their_o health_n and_o limb_n can_v be_v poor_a but_o by_o their_o extreme_a laziness_n and_o as_o the_o high_a rate_n of_o usury_n do_v embase_v l●nds_n so_o it_o be_v as_o great_a a_o hindrance_n to_o discovery_n plantation_n and_o all_o good_a undertake_n make_v it_o near_o double_a as_o chargeable_a to_o the_o adventurer_n money_n be_v at_o ten_o in_o the_o hundred_o as_o it_o be_v in_o other_o country_n where_o the_o use_v of_o money_n be_v so_o much_o low_a now_o let_v we_o see_v by_o the_o contrary_a and_o conceive_v if_o usury_n be_v tolerate_v at_o fifteen_o or_o twenty_o in_o the_o hundred_o and_o i_o fear_v many_o borrower_n all_o thing_n consider_v pay_v above_o ten_o what_o the_o condition_n of_o thing_n will_v then_o be_v and_o if_o it_o appear_v how_o desperate_a the_o hurt_n will_v be_v which_o that_o will_v bring_v it_o may_v at_o least_o upon_o good_a reason_n persuade_v we_o how_o great_a the_o good_a will_v he_o of_o call_v it_o down_o certain_o it_o must_v of_o necessity_n come_v to_o pass_v that_o all_o trade_n will_v in_o a_o short_a time_n decay_n for_o few_o or_o none_o and_o reckon_v the_o hazard_n at_o nothing_o yield_v so_o great_a a_o gain_n as_o twenty_o in_o the_o hundred_o and_o all_o other_o nation_n may_v with_o so_o great_a gain_n out-trade_n and_o under-sell_a we_o that_o more_o than_o the_o earth_n will_v of_o herself_o bring_v forth_o we_o shall_v scarce_o raise_v any_o thing_n from_o it_o even_o for_o our_o own_o use_n within_o the_o land_n and_o land_n will_v be_v so_o much_o embase_v as_o man_n may_v afford_v without_o loss_n to_o themselves_o to_o carry_v the_o compost_n out_o of_o their_o close_n upon_o their_o next_o adjoin_v land_n to_o mend_v they_o so_o far_o shall_v we_o be_v from_o marling_n liming_n draining_n plant_v and_o any_o other_o work_v of_o cost_n or_o industry_n by_o which_o land_n be_v purchase_v to_o the_o commonwealth_n so_o far_o from_o building_n make_v of_o havens_n discovery_n new_a plantation_n or_o any_o other_o action_n of_o virtue_n and_o glory_n to_o the_o state_n for_o private_a gain_n be_v the_o compass_n man_n general_o sail_v by_o and_o since_o we_o can_v without_o extraordinary_a diligence_n plant_v build_v drain_n or_o any_o other_o way_n amend_v our_o land_n but_o it_o will_v be_v dear_a to_o we_o than_o the_o purchase_n of_o other_o money_n be_v at_o ten_o in_o the_o hundred_o if_o money_n than_o shall_v go_v at_o twenty_o in_o the_o hundred_o the_o charge_n of_o mend_v our_o land_n will_v be_v double_v and_o the_o land_n abase_v to_o seven_o or_o eight_o year_n purchase_v and_o consequent_o all_o work_n of_o industry_n and_o charge_n for_o improve_n of_o land_n will_v be_v quite_o neglect_v and_o give_v over_o we_o shall_v only_o eat_v upon_o one_o another_o with_o usury_n have_v our_o commodity_n from_o other_o nation_n let_v the_o land_n grow_v barren_a and_o unmanured_a and_o the_o whole_a state_n in_o short_a time_n come_v to_o beggary_n against_o this_o
because_o custom_n run_v only_o upon_o our_o good_n import_v or_o export_v and_o that_o but_o once_o for_o all_o whereas_o interest_n run_v as_o well_o upon_o our_o ship_n as_o good_n and_o must_v be_v yearly_o pay_v on_o both_o so_o long_o as_o they_o be_v in_o be_v and_o the_o ship_n in_o many_o bulkey_n trade_n and_o such_o as_o be_v national_o most_o profitable_a be_v of_o four_o time_n the_o value_n of_o the_o good_n that_o old_a objection_n about_o widow_n and_o orphan_n i_o have_v i_o think_v full_o answer_v in_o my_o former_a treatise_n but_o because_o i_o yet_o sometime_o meet_v with_o it_o i_o shall_v say_v a_o word_n more_o to_o it_o here_o viz._n 1._o widow_n and_o orphan_n be_v not_o one_o to_o twenty_o of_o the_o whole_a people_n and_o it_o be_v the_o wisdom_n of_o lawmaker_n to_o provide_v for_o the_o good_a of_o the_o majority_n of_o people_n though_o a_o minor_a part_n shall_v a_o little_a suffer_v 2._o of_o widow_n and_o orphan_n not_o one_o in_o forty_o will_v suffer_v by_o the_o abatement_n of_o interest_n for_o these_o reason_n viz._n 1_o st_o of_o widow_n and_o orphan_n nine_o of_o ten_o in_o this_o kingdom_n have_v very_o little_a or_o nothing_o at_o all_o leave_v they_o by_o their_o decease_a relation_n and_o all_o such_o will_v have_v a_o advantage_n by_o the_o abatement_n of_o interest_n because_o such_o abatement_n will_v increase_v trade_n and_o in_o consequence_n occasion_v more_o employment_n for_o such_o necessitous_a person_n 2_o dly_z many_o widow_n and_o orphan_n have_v jointure_n annuity_n coppy-holds_a and_o other_o land_n leave_v they_o as_o well_o as_o money_n and_o all_o such_o will_v be_v gainer_n by_o the_o abatement_n of_o interest_n 3_o dly_z for_o all_o london_n orphan_n the_o city_n give_v not_o now_o above_o 5_o and_o to_o some_o 4_o per_fw-la cent_n interest_n so_o the_o loss_n to_o such_o be_v not_o worth_a speak_v of_o 4_o thly_a many_o executor_n be_v so_o unworthy_a as_o to_o allow_v orphan_n no_o interest_n and_o yet_o justify_v themselves_o by_o law_n to_o such_o orphan_n it_o will_v be_v all_o one_o what_o the_o legal_a rate_n of_o interest_n be_v 5_o thly_a when_o the_o law_n for_o abatement_n of_o interest_n be_v past_a many_o more_o parent_n will_v leave_v their_o child_n annuity_n and_o estate_n run_v in_o trade_n as_o they_o do_v in_o holland_n and_o italy_n whereby_o the_o abatement_n of_o interest_n will_v become_v profitable_a not_o prejudicial_a to_o they_o and_o for_o the_o few_o that_o at_o first_o may_v happen_v to_o suffer_v whereof_o the_o number_n will_v be_v very_o small_a and_o therefore_o not_o to_o be_v name_v in_o competition_n with_o the_o common_a good_a of_o the_o kingdom_n they_o have_v a_o easy_a mean_n within_o their_o own_o power_n to_o prevent_v their_o be_v one_o farthing_n the_o worse_a for_o the_o abatement_n of_o interest_n it_o be_v but_o wear_v a_o lawn-whisk_n instead_o of_o a_o point_n de_fw-fr venice_n and_o for_o the_o mean_a sort_n a_o serge_n pettycoat_n instead_o of_o a_o silk_n one_o and_o a_o plain_a pair_n of_o shoe_n instead_o of_o lace_a one_o and_o that_o the_o lady_n may_v not_o be_v offend_v with_o i_o i_o dare_v undertake_v that_o this_o will_v never_o spoil_v but_o mend_v their_o marriage_n beside_o the_o great_a good_n it_o will_v bring_v to_o their_o country_n and_o to_o their_o posterity_n after_o they_o whether_o they_o prove_v to_o be_v nobleman_n gentleman_n or_o merchant_n etc._n etc._n i_o have_v in_o several_a place_n of_o my_o ensue_a treatise_n refer_v to_o some_o tract_n i_o former_o publish_v upon_o this_o subject_n which_o be_v now_o whole_o out_o of_o print_n i_o think_v fit_a to_o re-print_n and_o annex_v unto_o this_o which_o at_o first_o i_o intend_v not_o some_o there_o be_v who_o will_v grant_v that_o abatement_n of_o interest_n if_o it_o can_v be_v effect_v will_v procure_v to_o the_o nation_n all_o the_o good_a that_o i_o allege_v it_o will_v bring_v with_o it_o but_o say_v it_o be_v not_o practicable_a or_o at_o least_o not_o now_o 1._o a_o needless_a scruple_n and_o contradictory_n to_o experience_n for_o first_o a_o law_n have_v abate_v interest_n in_o england_n three_o time_n within_o these_o few_o year_n already_o and_o what_o shall_v hinder_v its_o effect_n now_o more_o than_o former_o 2._o if_o a_o law_n will_v not_o do_v it_o why_o do_v the_o usurer_n raise_v such_o a_o dust_n and_o engage_v so_o many_o friend_n to_o oppose_v the_o pass_n of_o a_o act_n to_o this_o purpose_n the_o true_a reason_n be_v because_o they_o be_v wise_a enough_o to_o know_v that_o a_o law_n will_v certain_o do_v it_o as_o it_o have_v do_v already_o though_o they_o will_v persuade_v other_o the_o contrary_n and_o if_o it_o be_v doubt_v we_o have_v not_o money_n enough_o in_o england_n beside_o what_o i_o have_v say_v in_o my_o former_a treatise_n as_o to_o the_o increase_n of_o our_o riches_n in_o general_a i_o shall_v here_o give_v some_o further_a reason_n of_o probability_n which_o be_v the_o best_a that_o can_v be_v expect_v in_o this_o case_n to_o prove_v that_o we_o have_v now_o much_o more_o money_n in_o england_n then_o we_o have_v twenty_o year_n past_a notwithstanding_o the_o seem_a scarcity_n at_o present_a if_o i_o shall_v look_v further_o back_o then_o twenty_o year_n the_o argument_n will_v be_v strong_a on_o my_o side_n and_o the_o proportion_n of_o the_o increase_n of_o money_n great_a and_o more_o perspicuous_a but_o i_o shall_v confine_v myself_o to_o that_o time_n which_o be_v within_o most_o man_n memory_n 1._o we_o give_v general_o now_o one_o three_o more_o money_n with_o apprentice_n than_o we_o do_v twenty_o year_n past_a 2._o notwithstanding_o the_o decay_n and_o loss_n of_o sundry_a trade_n and_o manufacture_n yet_o in_o the_o gross_a we_o ship_n off_o now_o one_o three_o part_n more_o of_o the_o manufacture_n as_o also_o lead_v and_o tin_n than_o we_o do_v twenty_o year_n past_a which_o be_v a_o cause_n as_o well_o as_o a_o proof_n of_o our_o increase_n of_o money_n if_o any_o doubt_v this_o if_o they_o please_v to_o consult_v mr_n dickins_n surveyor_n of_o his_o majesty_n custom_n who_o be_v the_o best_a able_a i_o know_v live_v and_o have_v take_v the_o most_o pain_n in_o these_o calculation_n he_o may_v be_v satisfactory_o resolve_v 3._o house_n new_o build_v in_o london_n yield_v twice_o the_o rent_n they_o do_v before_o the_o fire_n and_o house_n general_o immediate_o before_o the_o fire_n yield_v about_o one_o four_o part_n more_o rent_n than_o they_o do_v twenty_o year_n past_a 4._o the_o speedy_a and_o costly_a building_n of_o london_n be_v a_o convince_a and_o to_o stranger_n a_o amaze_a argument_n of_o the_o plenty_n and_o late_o increase_v of_o money_n in_o england_n 5._o we_o have_v now_o more_o than_o double_a the_o quantity_n of_o merchant_n ship_n we_o have_v twenty_o year_n past_a 6._o the_o course_n of_o our_o trade_n from_o the_o increase_n of_o our_o money_n be_v strange_o alter_v within_o these_o twenty_o year_n most_o payment_n from_o merchant_n and_o shopkeeper_n be_v now_o make_v with_o ready_a money_n whereas_o former_o the_o course_n of_o our_o general_a trade_n run_v at_o three_o six_o nine_o twelve_o and_o eighteen_o month_n time_n but_o if_o this_o case_n be_v so_o clear_a some_o may_v ask_v i_o how_o come_v it_o to_o pass_v that_o all_o sort_n of_o man_n complain_v so_o much_o of_o the_o scarcity_n of_o money_n especial_o in_o the_o country_n my_o answer_n to_o this_o query_n be_v viz._n 1._o this_o proceed_v from_o the_o frailty_n and_o corruption_n of_o humane_a nature_n it_o be_v natural_a for_o man_n to_o complain_v of_o the_o present_a and_o commend_v the_o time_n past_a so_o say_v they_o of_o old_a the_o former_a day_n be_v better_a than_o these_o and_o i_o can_v say_v in_o truth_n upon_o my_o own_o memory_n that_o man_n do_v complain_v as_o much_o of_o the_o scarcity_n of_o money_n ever_o since_o i_o know_v the_o world_n as_o they_o do_v now_o nay_o the_o very_a same_o person_n that_o now_o complain_v of_o this_o and_o commend_v that_o time_n 2._o and_o more_o particular_o this_o complaint_n proceed_v from_o many_o man_n find_n themselves_o uneasy_a in_o the_o matter_n of_o their_o religion_n it_o be_v natural_a for_o man_n when_o they_o be_v discontent_v at_o one_o thing_n to_o complain_v of_o all_o and_o principal_o to_o utter_v their_o discontent_n and_o complaint_n in_o those_o thing_n which_o be_v most_o popular_a those_o that_o hate_v a_o man_n for_o some_o one_o cause_n will_v seldom_o allow_v of_o any_o thing_n that_o be_v good_a in_o he_o and_o some_o that_o be_v angry_a with_o one_o person_n or_o thing_n will_v find_v fault_n with_o other_o that_o give_v they_o no_o offence_n like_o peevish_a person_n that_o meet_v discontent_n
executor_n except_o it_o be_v leave_v full_o and_o absolute_o to_o the_o executor_n to_o dispose_v and_o put_v out_o money_n at_o the_o discretion_n of_o the_o executor_n for_o the_o profit_n and_o loss_n of_o the_o heir_n and_o orphan_n and_o if_o it_o be_v so_o leave_v to_o the_o exccutors_n discretion_n they_o may_v improve_v the_o money_n leave_v they_o in_o trade_n or_o purchase_v of_o land_n and_o lease_n as_o well_o as_o by_o interest_n or_o when_o not_o the_o damage_n such_o heir_n and_o orphan_n will_v sustain_v in_o their_o minority_n be_v but_o two_o per_fw-la cent_n be_v inconsiderable_a in_o respect_n of_o the_o great_a advantage_n will_v accrue_v to_o the_o nation_n in_o generel_n by_o such_o abatement_n of_o ●nterest_n beside_o when_o such_o a_o law_n be_v make_v and_o in_o use_n all_o man_n will_v so_o take_v care_n in_o their_o life_n to_o provide_v for_o and_o educate_v their_o child_n and_o instruct_v their_o wife_n as_o that_o no_o prejudice_n can_v happen_v thereby_o as_o we_o see_v there_o do_v not_o in_o holland_n and_o italy_n and_o other_o place_n where_o interest_n be_v so_o low_a have_v now_o offer_v my_o thought_n in_o answer_n to_o the_o aforesaid_a objection_n it_o will_v not_o be_v amiss_o that_o we_o inquire_v who_o will_v be_v advantage_v and_o who_o will_v receive_v prejudice_n in_o case_n such_o a_o law_n be_v make_v first_o his_o majesty_n as_o have_v be_v say_v in_o answer_n to_o that_o objection_n will_n when_o he_o have_v occasion_n take_v up_o money_n on_o better_a term_n beside_o which_o he_o will_v receive_v a_o great_a augmentation_n to_o his_o revenue_n thereby_o all_o his_o land_n be_v immediate_o worth_a after_o the_o make_v such_o a_o law_n double_a to_o what_o they_o be_v before_o his_o custom_n will_v be_v much_o increase_v by_o the_o increase_n of_o trade_n which_o must_v necessary_o ensue_v upon_o the_o make_v such_o a_o law_n the_o nobility_n and_o gentry_n who_o estate_n lie_v most_o in_o land_n may_v present_o upon_o all_o they_o have_v instead_o of_o fifty_o write_v one_o hundred_o the_o merchant_n and_o tradesman_n who_o bear_v the_o heat_n and_o burden_n of_o the_o day_n most_o of_o our_o trade_n be_v carry_v on_o by_o young_a man_n that_o take_v up_o money_n at_o interest_n will_v find_v their_o yoke_n sit_v light_a upon_o their_o shoulder_n and_o be_v encourage_v to_o go_v on_o with_o great_a alacrity_n in_o their_o business_n our_o mariner_n shipwright_n porter_n cloathier_n packer_n and_o all_o sort_n of_o labour_a people_n that_o depend_v on_o trade_n will_v be_v more_o constant_o and_o full_o employ_v our_o farmer_n sell_v the_o product_n of_o their_o land_n at_o better_a rate_n and_o whereas_o our_o neighbour_n the_o netherlander_n who_o in_o regard_n of_o the_o largeness_n of_o their_o stock_n and_o experience_n the_o son_n continual_o succeed_v the_o father_n in_o trade_n to_o many_o generation_n we_o may_v not_o unfit_o in_o this_o case_n term_v son_n of_o anach_n and_o man_n of_o renown_n against_o who_o we_o sight_n dwarf_n and_o pigmy_n in_o stock_n and_o experience_n be_v young_a brother_n of_o gentleman_n that_o seldom_o have_v above_o one_o thousand_o ●ounds_n sometime_o not_o two_o hundred_o to_o begin_v the_o world_n with_o instead_o i_o say_v of_o such_o young_a man_n and_o small_a stock_n if_o this_o law_n pass_v we_o shall_v bring_v forth_o out_o sampson_n and_o goliahs_n in_o stock_n subtlety_n and_o experience_n in_o trade_n to_o cope_v with_o our_o potent_a adversary_n on_o the_o other_o side_n there_o be_v to_o every_o man_n knowledge_n that_o understand_v the_o exchange_n of_o london_n divers_a english_a merchant_n of_o large_a estate_n which_o have_v not_o much_o past_a their_o middle-age_n and_o yet_o have_v whole_o leave_v off_o their_o trade_n have_v find_v the_o sweetness_n of_o interest_n which_o if_o that_o shall_v abate_v must_v again_o set_v their_o hand_n to_o the_o plough_n which_o they_o be_v as_o able_a to_o hold_v and_o govern_v now_o as_o ever_o and_o also_o will_v engage_v they_o to_o train_v up_o their_o son_n in_o the_o same_o way_n because_o it_o will_v not_o be_v so_o easy_a to_o make_v they_o country-gentleman_n as_o now_o it_o be_v when_o land_n sell_v at_o thirty_o or_o forty_o year_n purchase_n for_o the_o sufferer_n by_o such_o a_o law_n i_o know_v none_o but_o idle_a person_n that_o live_v at_o as_o little_a expense_n as_o labour_n neither_o scatter_v by_o their_o expense_n so_o as_o the_o poor_a may_v glean_v any_o thing_n after_o they_o nor_o work_v with_o their_o hand_n or_o head_n to_o bring_v either_o wax_n or_o honey_n to_o the_o common_a hive_n of_o the_o kingdom_n but_o swell_v their_o own_o purse_n by_o the_o sweat_n of_o other_o man_n brow_n and_o the_o contrivance_n of_o other_o man_n brain_n and_o how_o unprofitable_a it_o be_v for_o any_o nation_n to_o suffer_v idleness_n to_o suck_v the_o breast_n of_o industry_n needs_o no_o demonstration_n and_o if_o it_o be_v grant_v i_o that_o these_o will_v be_v the_o effect_n of_o a_o abatement_n of_o interest_n than_o i_o think_v it_o be_v out_o of_o doubt_n that_o the_o abatement_n of_o interest_n do_v tend_v to_o the_o enrich_v of_o a_o nation_n and_o consequent_o have_v be_v one_o great_a cause_n of_o the_o riches_n of_o the_o dutch_a and_o italian_n and_o the_o increase_n of_o the_o riches_n of_o our_o own_o kingdom_n in_o these_o last_o fifty_o year_n another_o argument_n to_o prove_v which_o we_o may_v draw_v from_o the_o nature_n of_o interest_n itself_o which_o be_v of_o so_o prodigious_a a_o multiply_v nature_n that_o it_o must_v of_o necessity_n make_v the_o lender_n monstrous_a rich_a if_o they_o live_v at_o any_o moderate_a expense_n and_o the_o borrower_n extreme_a poor_a a_o memorial_n instance_n whereof_o we_o have_v in_o old_a audley_n decease_v who_o do_v wise_o observe_v that_o one_o hundred_o pound_n only_o put_v out_o at_o interest_n at_o ten_o per_fw-la cent_n do_v in_o seventy_o year_n which_o be_v but_o the_o age_n of_o a_o man_n increase_v to_o above_o one_o hundred_o thousand_o pound_n and_o if_o the_o advantage_n be_v so_o great_a to_o the_o lender_n the_o loss_n must_v be_v great_a to_o the_o borrower_n who_o as_o have_v be_v say_v live_v at_o a_o much_o large_a expense_n and_o as_o it_o be_v between_o private_a person_n so_o between_o nation_n and_o nation_n that_o have_v communication_n one_o with_o another_o for_o whether_o the_o subject_n of_o one_o nation_n lend_v money_n to_o subject_n of_o another_o or_o trade_n with_o they_o for_o good_n the_o effect_n be_v the_o same_o as_o for_o example_n a_o dutch_a merchant_n that_o have_v but_o four_o or_o five_o thousand_o pound_n clear_a stock_n of_o his_o own_o can_v easy_o borrow_v and_o have_v credit_n for_o fifteen_o thousand_o pound_n more_o at_o three_o per_fw-la cent_n at_o home_n with_o which_o whether_o he_o trade_n or_o put_v it_o to_o use_v in_o england_n or_o any_o country_n where_o interest_n of_o money_n be_v high_a he_o must_v necessary_o without_o very_o evil_a accident_n attend_v he_o in_o a_o very_a few_o year_n treble_a his_o own_o capital_a this_o discover_v the_o true_a cause_n why_o the_o sugar-baker_n of_o holland_n can_v afford_v to_o give_v a_o great_a price_n for_o barbadoes_n sugar_n in_o london_n beside_o the_o second_o freight_n and_o charges_n upon_o they_o between_o england_n and_o holland_n and_o yet_o grow_v exceed_o rich_a upon_o their_o trade_n whereas_o our_o sugar-baker_n in_o london_n that_o buy_v sugar_n here_o at_o their_o own_o door_n before_o such_o additional_a freight_n and_o charges_n come_v upon_o they_o can_v scarce_o live_v upon_o their_o calling_n we_o here_o pay_v for_o a_o good_a share_n of_o their_o stock_n six_o per_fw-la cent_n and_o few_o of_o they_o employ_v in_o their_o sugar-work_n above_o six_o to_o ten_o thousand_o pound_n at_o most_o whereas_o in_o holland_n they_o employ_v twenty_o thirty_o to_o forty_o thousand_o pound_n stock_n 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