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scripture_n believe_v church_n infallible_a 12,577 5 10.4116 5 true
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A54621 Political arithmetick, or, A discourse concerning the extent and value of lands, people, buildings ... as the same relates to every country in general, but more particularly to the territories of His Majesty of Great Britain, and his neighbours of Holland, Zealand, and France / by Sir William Petty ... Petty, William, Sir, 1623-1687. 1690 (1690) Wing P1932; ESTC R17628 42,032 122

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4. They cannot but know That no Man can believe what himself pleases and to force Men to say they believe what they do not is vain absurd and without Honor to God 5. The Hollanders knowing themselves not to be an Infallible Church and that others had the same Scripture for Guides as themselves and withal the same Interest to save their Souls did not think sit to make this matter their business not more than to take Bonds of the Seamen they employ not to cast away their own Ships and Lives 6. The Hollanders observe that in France and Spain especially the latter the Churchmen are about one hundred for one to what they use or need the principal care of whom is to preserve Uniformity and this they take to be a superfluous charge 7. They observe where most indeavours have been used to keep Uniformity there Heterodoxy hath most abounded 8. They believe that if ¼ of the People were Heterodox and that if that whole quarter should by Miracle be removed that within a small time ¼ of the People were Heterodox and that if of the remainder would again become Heterodox some way or other it being natural for Men to differ in Opinion in matters above Sense and Reason and for those who have less Wealth to think they have the more Wit and Understanding especially of the things of God which they think chiefly belong to the Poor 9. They think the case of the Primitive Christians as it is represented in the Acts of the Apostles looks like that of the present Dissenters I mean externally Moreover it is to be observed that Trade doth not as some think best flourish under Popular Governments but rather that Trade is most vigorously carried on in every State and Government by the Heterodox part of the same and such as profess Opinions different from what are publickly established that is to say in India where the Mahometan Religion is Authorized there the Banians are the most considerable Merchants In the Turkish Empire the Iews and Christians At Venice Naples Legorn Genoua and Lisbone Iews and Non-Papist Merchant-Strangers but to be short in that part of Europe where the Roman Catholick Religion now hath or lately hath had Establishment there three quarters of the whole Trade is in the hands of such as have separated from the Church that is to say the Inhabitants of England Scotland and Ireland as also those of the United Provinces with Denmark Sueden and Norway together with the Subjects of the German Protestant Princes and the Hans Towns do at this day possess three quarters of the Trade of the World and even in France it self the Hugonots are proportionably far the greatest Traders Nor is it to be denied but that in Ireland where the said Roman Religion is not Authorized there the Professors thereof have a great part of the Trade From whence it follows that Trade is not fixt to any Species of Religion as such but rather as before hath been said to the Hetrodox part of the whole the truth whereof appears also in all the particular Towns of greatest Trade in England nor do I find reason to believe that the Roman Catholick Seamen in the whole World are sufficient to Man effectually a Fleet equal to what the King of England how hath but the Non-papist Seamen can do above thrice as much Wherefore he whom this latter Party doth affectionately own to be their Head cannot probably be wronged in his Sea-concernments by the other from whence itt follows that for the advancement of Trade if that be a sufficient reason Indulgence must be granted in matters of Opinion though licentious actings as even in Holland be restrained by force The second Policy or help to Trade used by the Hollanders is securing the Titles to Lands and Houses for although Lands and Houses may be called Terra Firma res immobilis yet the Title unto them is no more certain than it pleases the Lawyers and Authority to make them wherefore the Hollanders do by Registries and other ways of Assurance make the Title as immovable as the Lands for there can be no incouragement to Industry where there is no assurance of what shall be gotten by it and where by fraud and corruption one Man may take away with ease and by a trick and in a moment what another has gotten by many Years extreme labour and pains There hath been much discourse about introducing of Registries into England the Lawyers for the most part object against it alledging that Titles of Land in England are sufficiently secure already wherefore omitting the considerations of small and oblique reasons pro contra it were good that enquiry were made from the Officers of several Courts to what summ or value Purchasers have been damnified for this last ten Years by such fraudulent conveyances as Registries would have prevented the tenth part whereof at a Medium is the annual loss which the People sustain for want of them and then computation is to be made of the annual charge of Registring such extraordinary Conveyances as would secure the Title of Lands now by comparing these two summs the Question so much agitated may be determined though some think that though few are actually damnified yet that all are hindered by fear and deterred from Dealing Their third Policy is their Bank the use whereof is to encrease Mony or rather to make a small summ equivalent in Trade to a greater for the effecting whereof these things are to be considered 1. How much Money will drive the Trade of the Nation 2. How much current Money there is actually in the Nation 3. How much Money will serve to make all payments of under 50 l. or any other more convenient summ throughout the Year 4. For what summ the keepers of the Bank are unquestionable Security If all these four particulars be well known then it may also be known how much of the ready Money above mentioned may safely and profitably be lodged in the Bank and to how much ready current Money the said deposited Money is equivalent As for example suppose a Hund. thous Pounds will drive the Trade of the Nation suppose there be but Sixty thousand Pounds of ready Money in the same suppose also that Twenty thous Pounds will drive on and answer all Payments made of under 50 l. In this case Forty of the Sixty being put into the Bank will be equivalent to Eighty which eighty and twenty kept out of the Bank do make up an Hundred that is to say enough to drive the Trade as was proposed where note that the Bank keepers must be responsible for double the summ intrusted with them and must have power to levy upon the general what they happen to loose unto particular Men. Upon which grounds the Bank may freely make use of the received Forty thousand Pounds whereby the said summ with the like summ in Credit makes Eighty thousand Pounds and with