Selected quad for the lemma: land_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
land_n	case_n	life_n	rent_n	1,727	5	9.7039	5	false

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A34866	An expedient for taking away all impositions, and for raising a revenue without taxes humbly presented his most Excellent Majesty King Charles the II / by Francis Cradocke ...	Cradocke, Francis, d. 1670?	1660 (1660)	Wing C6742; ESTC R8045	9,605	18

AN EXPEDIENT For Taking away all IMPOSITIONS AND For Raising a REVENVE without TAXES HUMBLY PRESENTED His most Excellent MAJESTY King Charles the II. By Francis Cradocke Merchant LONDON Printed for Henry Seile Stationer to the Kings most Excellent Majesty 1660. May it please Your most Excellent Majesty HOw unfit and unworthy a choice I have made of my self to appear in a work of this nature mine own Reason though exceeding weak hath sufficiently resolved me And notwithstanding Opinion better than Truth can travel the world without a Pasport where there are as many internal forms of Minds as external figures of Men yet my hopes are that by publishing the honour done by Your Royal Perusal to the Manuscript before it saw the Presse and recommending the same to Your Majesties most honourable Privy Council this may obtain the favour of their Debate and receive the better common acceptation I have had it under my consideration about four years and thought it a jewel unfit to cast before such Governours What esteem it will receive by others I cannot promise to my self my ambition in it is to serve my Sovereign Lord and Countrey whereunto I am more obliged than many others in that Your Majesty hath dealt so bountifully by Dread Sovereign Your Majesties Most thankful Subject and Servant FRAN. CRADOCKE AN EXPEDIENT For taking away all Impositions and raising a Revenue without TAXES By Erecting Bankes for the Encouragement of TRADE I Expect so little credit will be given the Title that should I be large on the Subject I question whether it would be esteemed worth perusal And having propounded so great advantage by erecting Banks I conceive it proper first to give You some hints of the nature of them A Banke is a certain number of sufficient men of Credit and Estates joyned together in a stock as it were for keeping several mens Cash in one Treasury and letting out imaginary money at Interest for 3. or more in the hundred per annum to Trades-men or others that agree with them for the same and making payment thereof by Assignation passing each mans Accompt from one to another yet paying little money Insomuch that if a Merchant or other person want money if he hath or can procure credit in Banke he may make as good payment by Assignment in Banke without it As for Example the said Merchant buyes Cloth of a Clothier for 100l value more or less and goes with him to the Banke where he is Debtor for so much as he takes up and the Clothier is made Creditor for so much as he sold his Goods for to the said Merchant Then such Clothier having occasion to pay money to a Stapler or Wool-monger for wool bought the said Clothier is made Debitor and the Wool-monger Creditor upon account the said Wool-monger buyes wool from a Countrey Farmer for so much money more or less so the Wool-monger is made Debtor and the Farmer Creditor the Farmer must pay Rent to his Landlord and is likewise made Debtor and his Landlord Creditor the said Landlord for his occasions buyes goods of a Mercer Grocer Vintner or the like or from all then he is made Debtor and such Mercer or other Trades-man Creditor then peradventure such Mercer or other Trades-man buyes goods from the same Merchant that took up the first credit in Banke and stands yet Debtor there but upon sale of his goods to the Mercer or other Trades-man both clears their accounts in Banke And so in all Trades as occasion presents These Bankes in the several parts of Europe where erected being so held by Merchants and others joyned together in a stock and credited by the monies brought in thereunto which money for the most part there remaining and payments being made upon the credit thereof by assignment in Banke as aforesaid might as well be done here onely upon the credits of Landed men whereof they have few in Holland and in other parts lying convenient for Trade where Land is the Owners thereof are seldome found to be Merchants So that England if but sensible of it hath an advantage of all parts in the world as lying in the centre of the Trade of Europe enjoying safe and commodious Harbours wanting few necessaries no Lands nor persons naturally inclined to Trade if not discouraged by great Customes Excise and the abuses in Collecting it and by the want of stock or a supply thereof at reasonable Interest To free England of these inconveniencies and supply it with a stock for Trade as great as shall be requisite without bringing in more Bullion it may be done three manner of wayes never yet practised in Europe and the whole profits thereof which will be considerable be also converted to His Majesties Revenue for defraying the publique charge of his Kingdom in case His Majesty and Parliament shall think fit to erect either of these following kind of Bankes for the accommodation of Trade in the most proper places of England assigning to each a proportionable division of the Countrey adjoyning where all mens Estates in lands houses or rents either for Lease of years Lives or in Fee may be registred as also all morgages claims or other interests pretended thereunto with morgages or purchases at any time to be made thereupon That the said places for Bankes being established Estates registred and a Survey taken of such Estates whereby the value may not be entred above its real worth Any persons may be admitted to have credit in Banke for any summe safely to be lent under the value of his Estate without other security or ceremony of Conveyances than the hand and consent of such person as is the proprietor he paying Interest for the same at 4. per cent per ann quarterly into the said Office First then to effect the end aforesaid it may be done without money by a Law enjoyning all payments to be made in Banke of any summe above 20l sterling for all lands goods and merchandizes sold whatsoever which is done voluntary in other parts where Bankes are erected by almost all persons who find both ease and accommodation thereby and the Bankes here like those in forreign parts will be and serve as a general or National Cashkeeper of all mens moneys and accounts transferring them from one person and Countrey to another with much facility not onely preventing the danger of Robbery but the trouble of counting and loss in receiving clipt and bad money which is the cause that payments made in Banke are generally esteemed better than in specie by ten shillings in an hundred pound which would have the like esteem in England were Bankes once erected The second Expedient is without any Imposition leaving all persons free to take or make payment either in Banke or by money in specie which will I presume bring in the same advantage to His Majesties Revenue but not properly be erected without two millions of money but if once setled would out of the same