Selected quad for the lemma: land_n

Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
land_n hereditament_n rent_n tenement_n 2,950 5 10.4518 5 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A29540 A discourse on the late funds of the Million-act, and Bank of England shewing that they are injurious to the nobility and gentry, and ruinous to the trade of the nation : together with proposals for the supplying Their Majesties with money on easy terms, exempting the nobility, gentry &c. from taxes, enlarging their yearly estates, and enriching all the subjects in the kingdom ... / by J.B. Briscoe, John, fl. 1695. 1694 (1694) Wing B4745; ESTC R25299 46,507 61

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give_v to_o the_o contributor_n to_o the_o late_a fund_n which_o be_v in_o effect_n a_o create_v a_o new_a sort_n of_o purchase_n much_o more_o advantageous_a than_o land_n will_v certain_o bring_v land_n to_o 12_o or_o 14_o year_n purchase_v if_o not_o less_o for_o man_n will_v hardly_o be_v prevail_v with_o to_o keep_v much_o less_o to_o purchase_v estate_n in_o land_n by_o which_o they_o can_v have_v 4_o l._n per_fw-la cent._n per_fw-la annum_fw-la for_o their_o money_n when_o they_o can_v buy_v a_o perpetual_a rent-charge_n on_o the_o crown_n as_o in_o the_o bank_n of_o england_n which_o will_v bring_v they_o in_o above_o 8_o l._n per_fw-la cent._n per_fw-la annum_fw-la clear_a of_o all_o tax_n beside_o the_o other_o propose_v advantage_n for_o admit_v any_o person_n have_v 50_o l._n per_fw-la annum_fw-la estate_n in_o land_n the_o tax_n of_o 4_o s._n in_o the_o pound_n charge_n for_o find_v arm_n trophy-money_n etc._n etc._n swallow_v up_o 11_o or_o 12_o l._n per_fw-la annum_fw-la by_o which_o mean_v the_o owner_n have_v not_o above_o 38_o or_o 39_o l._n per_fw-la annum_fw-la at_o most_o clear_a to_o himself_o if_o therefore_o he_o sell_v his_o land_n but_o at_o 12_o year_n purchase_v it_o will_v yield_v he_o 600_o l._n with_o which_o he_o may_v purchase_v 50_o l._n per_fw-la annum_fw-la in_o the_o bank_n free_a of_o all_o tax_n which_o be_v 11_o or_o 12_o l._n per_fw-la annum_fw-la more_o than_o he_o can_v receive_v out_o of_o his_o estate_n during_o the_o war_n and_o as_o much_o as_o his_o estate_n will_v bring_v he_o in_o in_o time_n of_o peace_n beside_o his_o interest_n in_o the_o aforementioned_a advantage_n and_o who_o will_v not_o choose_v to_o have_v the_o bank-bill_n rather_o than_o land_n at_o 20_o year_n purchase_v if_o they_o go_v current_n with_o 3_o l._n per_fw-la cent_n per_fw-la annum_fw-la interest_n which_o be_v almost_o as_o much_o as_o his_o land_n will_v bring_v he_o in_o the_o bank-bill_n be_v so_o much_o more_o preferable_a than_o land_n as_o they_o be_v always_o as_o so_o much_o ready_a money_n by_o a_o man_n to_o answer_v any_o present_a occasion_n while_o the_o land_n like_o a_o drug_n lie_v on_o his_o hand_n upon_o which_o he_o be_v not_o able_a to_o raise_v half_o the_o value_n unless_o he_o sell_v it_o outright_o which_o he_o can_v do_v without_o great_a expense_n of_o time_n and_o money_n in_o examine_v title_n draw_v conveyance_n levy_v fine_n etc._n etc._n far_o better_a have_v it_o be_v for_o the_o gentleman_n who_o estate_n be_v in_o land_n to_o have_v pay_v half_a their_o yearly_a income_n in_o tax_n since_o that_o will_v have_v pinch_v they_o only_o for_o the_o present_a during_o the_o war_n and_o by_o retrench_v their_o expense_n they_o may_v have_v preserve_v their_o estate_n which_o if_o notwithstanding_o they_o have_v be_v necessitate_v to_o sell_v they_o may_v have_v have_v as_o many_o year_n purchase_v within_o a_o year_n or_o two_o as_o they_o can_v have_v have_v before_o the_o tax_n be_v lay_v upon_o they_o the_o purchaser_n know_v these_o tax_n will_v not_o last_v always_o but_o now_o perpetual_a rent-charge_n if_o i_o may_v so_o call_v they_o be_v to_o be_v buy_v so_o far_o more_o advantageous_a than_o land_n and_o the_o bank-bill_n be_v so_o profitable_a and_o for_o the_o reason_n aforesaid_a more_o eligible_a than_o land_n it_o can_v be_v expect_v if_o the_o war_n be_v end_v that_o land_n shall_v sell_v for_o 18_o much_o less_o for_o 20_o year_n purchase_v when_o a_o man_n at_o the_o same_o time_n may_v buy_v a_o perpetual_a income_n from_o the_o crown_n free_a from_o tax_n for_o 12_o year_n purchase_v object_n but_o it_o may_v be_v object_v that_o there_o be_v not_o any_o estate_n in_o land_n to_o be_v sell_v at_o such_o low_a rate_n as_o 12_o or_o 14_o year_n purchase_v as_o have_v be_v suggest_v answ_n i_o grant_v it_o for_o though_o there_o be_v many_o estate_n to_o be_v sell_v and_o never_o more_o than_o at_o this_o time_n those_o who_o have_v lend_v money_n upon_o gentleman_n estate_n call_v it_o in_o to_o advance_v upon_o some_o of_o these_o late_a fund_n yet_o person_n be_v very_o loath_a to_o part_v with_o their_o estate_n at_o a_o undervalue_n though_o part_n with_o they_o they_o must_v such_o who_o estate_n be_v in_o mortgage_n and_o if_o they_o can_v sell_v their_o estate_n for_o what_o they_o will_v they_o must_v sell_v they_o for_o what_o they_o can_v get_v or_o else_o must_v expect_v to_o be_v eject_v or_o bar_v of_o the_o equity_n of_o redemption_n beside_o these_o fund_n be_v as_o yet_o but_o novelty_n every_o one_o be_v not_o ready_a to_o embark_v in_o they_o but_o when_o people_n once_o find_v that_o when_o they_o go_v to_o the_o exchequer_n or_o to_o the_o bank_n they_o have_v their_o annuity_n or_o interest-money_n pay_v they_o punctual_o every_o half_a year_n upon_o demand_n without_o any_o far_a trouble_v or_o defalcation_n for_o tax_n it_o will_v quick_o cause_v they_o to_o disesteem_a land_n with_o which_o they_o meet_v with_o so_o much_o trouble_v and_o upon_o which_o be_v so_o may_v tax_n and_o therefore_o it_o be_v not_o rational_a to_o take_v our_o measure_n from_o the_o present_a value_n of_o land_n but_o rather_o from_o the_o value_n we_o may_v reasonable_o suppose_v land_n will_v come_v to_o be_v sell_v for_o when_o gentleman_n who_o estate_n be_v mortgage_v be_v under_o a_o force_n and_o absolute_a necessity_n of_o sell_v their_o estate_n and_o when_o person_n be_v a_o little_a better_o acquaint_v with_o and_o reconcile_v to_o these_o new_a sort_n of_o purchase_n object_n i_o shall_v answer_v one_o objection_n more_o no_o less_o frivolous_a than_o common_a viz._n that_o the_o money_n pay_v in_o on_o these_o fund_n will_v circulate_v answ_n i_o grant_v it_o do_v circulate_a for_o money_n be_v make_v to_o pass_v from_o one_o to_o another_o in_o payment_n but_o do_v it_o circulate_a into_o the_o tradesman_n stock_n again_o out_o of_o which_o it_o be_v take_v so_o as_o to_o enable_v he_o to_o drive_v as_o great_a a_o trade_n as_o former_o before_o he_o lessen_v his_o stock_n by_o advance_v his_o money_n upon_o these_o fund_n be_v the_o poor_a trader_n relieve_v thereby_o who_o be_v force_v to_o draw_v his_o money_n out_o of_o his_o trade_n to_o satisfy_v his_o creditor_n be_v the_o gentleman_n who_o estate_n be_v mortgage_v any_o thing_n the_o better_a for_o this_o circulation_n or_o be_v the_o interest_n of_o money_n lower_v thereby_o or_o do_v it_o not_o rather_o in_o time_n circulate_a into_o the_o pocket_n it_o come_v out_o of_o as_o i_o have_v already_o show_v it_o do_v much_o may_v be_v say_v of_o the_o bank_n of_o england_n in_o particular_a as_o they_o be_v a_o body_n of_o man_n incorporate_v by_o their_o majesty_n and_o confirm_v by_o parliament_n and_o i_o can_v but_o take_v notice_n of_o the_o prudent_a foresight_n of_o our_o legislator_n who_o wise_o provide_v against_o the_o danger_n of_o create_v so_o great_a a_o body_n without_o fit_a bound_n and_o limitation_n and_o do_v therefore_o prohibit_v the_o bank_n to_o buy_v sell_v or_o trade_n in_o any_o good_n or_o merchandise_n that_o so_o the_o subject_n may_v not_o be_v oppress_v by_o their_o monopolise_n with_o their_o command_a stock_n but_o yet_o i_o find_v they_o be_v enable_v to_o purchase_v and_o enjoy_v to_o they_o and_o their_o successor_n land_n rent_n tenement_n and_o hereditament_n of_o what_o nature_n or_o quality_n soever_o crown-land_n except_v without_o any_o such_o limitation_n as_o be_v usual_a in_o other_o charter_n and_o if_o by_o the_o statute_n of_o mortmain_n 15_o rich._n 2._o all_o petty_a corporation_n of_o city_n town_n or_o borough_n which_o have_v a_o perpetual_a commonalty_n be_v prohibit_v to_o purchase_v land_n because_o they_o have_v perpetual_a succession_n i_o doubt_v not_o but_o the_o parliament_n if_o they_o shall_v think_v fit_a to_o continue_v the_o corporation_n of_o the_o bank_n for_o a_o long_a time_n than_o eleven_o year_n will_v be_v please_v to_o put_v they_o under_o some_o limitation_n in_o respect_n of_o purchase_n for_o suppose_v this_o bank_n have_v never_o no_o other_o fund_z or_o revenue_n settle_v upon_o they_o upon_o their_o advance_v more_o money_n to_o their_o majesty_n which_o without_o doubt_n they_o have_v a_o eye_n to_o and_o those_o who_o enter_v not_o into_o the_o account_n of_o it_o may_v think_v it_o will_v be_v no_o small_a advantage_n to_o their_o majesty_n and_o the_o kingdom_n to_o have_v such_o a_o bank_n ready_a at_o any_o time_n to_o assist_v their_o majesty_n with_o money_n upon_o any_o extraordinary_a occasion_n the_o bank_n with_o the_o 100000_o l._n per_fw-la annum_fw-la already_o settle_v upon_o they_o if_o it_o be_v continue_v to_o they_o and_o their_o successor_n for_o 60_o year_n may_v divide_v 5_o l._n