To the Honourable the Commons of England assembled in Parliament proposals humbly offered to raise five hundred thousand pounds per annum, to make good the adulterated and defaced coin of this kingdom without hurting the subject, by drawing it from all parts of the kingdom, dominion of Wales, &c. ...
         Beeckman, Daniel.
      
       
         
           1695
        
      
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             To the Honourable the Commons of England assembled in Parliament proposals humbly offered to raise five hundred thousand pounds per annum, to make good the adulterated and defaced coin of this kingdom without hurting the subject, by drawing it from all parts of the kingdom, dominion of Wales, &c. ...
             Beeckman, Daniel.
          
           16 p.
           
             s.n.,
             [London? :
             1695?]
          
           
             Caption title.
             Signed: Daniel Beeckman.
             Place and date of publication from NUC pre-1956.
             Reproduction of original in University of Chicago Library.
          
        
      
    
     
       
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         eng
      
       
         
           Finance -- Great Britain.
        
      
    
     
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           To
           the
           HONOURABLE
           the
           Commons
           of
           England
           Assembled
           in
           Parliament
           .
        
         
           
             PROPOSALS
             Humbly
             Offered
             to
             Raise
             
               Five
               Hundred
               Thousand
            
             Pounds
             
               per
               Annum
               ,
            
             to
             make
             Good
             the
             
               Adulterated
            
             and
             
               Defaced
            
             COIN
             of
             this
             Kingdom
             ,
             without
             hurting
             the
             
               Subject
               ;
            
             by
             drawing
             it
             from
             all
             parts
             of
             the
             Kingdom
             ,
             Dominion
             of
             
               Wales
               ,
            
             &c.
             which
             will
             not
             only
             be
             a
             great
             
               Conveniency
            
             to
             all
             manner
             of
             
               Traders
               ,
               Gentlemen
               ,
            
             and
             others
             ,
             but
             also
             mightily
             
               Propagate
            
             and
             
               Increase
               Dealings
            
             of
             all
             kinds
             .
          
           
             This
             ,
             I
             humbly
             conceive
             ,
             may
             be
             done
             ,
             without
             great
             Difficulty
             ,
             by
             taking
             the
             
               Methods
            
             following
             :
             And
             I
             hope
             to
             Answer
             ,
             rationally
             ,
             all
             the
             Objections
             which
             may
             be
             Offered
             against
             it
             .
             The
             Proposals
             take
             as
             follow
             :
             
               (
               Viz.
               )
            
          
        
         
           WERE
           there
           Four
           
             Grand
             Chambers
             of
             Accompts
          
           Erected
           in
           
             London
             ,
          
           
           (
           being
           the
           
             Metropolitan
             City
          
           of
           the
           Kingdom
           )
           to
           answer
           all
           Counties
           in
           
             England
             ,
             Wales
             ,
          
           &c.
           and
           those
           nominated
           the
           Principal
           or
           Grand
           Chambers
           of
           each
           County
           ,
           or
           Division
           ;
           and
           let
           them
           
           have
           power
           to
           fix
           a
           
             Petty
             Chamber
          
           in
           every
           
             Post-Town
             ,
          
           or
           
             Town
             of
             Trade
             ,
          
           throughout
           the
           Kingdom
           ,
           
             &c.
             
          
           Providing
           for
           every
           
             Principal
             ,
          
           or
           
             Grand
             Chamber
             ,
          
           a
           
             Different
             Stamp
             ,
          
           with
           Numbers
           ,
           to
           be
           kept
           with
           every
           
             Petty
             Chamber
             ,
          
           so
           fixed
           as
           aforesaid
           :
           And
           let
           all
           
             Gentlemen
             ,
             Carriers
             ,
             Chapmen
             ,
          
           and
           
             Hagglers
             ,
          
           be
           strictly
           Prohibited
           from
           Travelling
           with
           any
           
             Sum
          
           or
           
             Sums
          
           of
           Money
           (
           more
           than
           to
           Defray
           their
           
             Travelling
             Charges
             :
          
           )
           But
           so
           often
           as
           occasion
           offers
           ,
           let
           each
           ,
           and
           every
           Person
           ,
           pay
           such
           greater
           
             Sums
          
           of
           
             Money
          
           into
           any
           of
           the
           
             Chambers
             ,
          
           from
           whence
           it
           may
           be
           Remitted
           to
           any
           place
           ,
           as
           desired
           ,
           with
           as
           great
           
             Expedition
          
           as
           the
           
             General
             Post
          
           can
           reach
           it
           :
           The
           party
           having
           his
           Money
           so
           Remitted
           ,
           paying
           for
           the
           same
           
             Three
             Pence
             per
             Pound
             ,
          
           or
           something
           more
           or
           less
           ,
           according
           to
           the
           distance
           of
           place
           from
           whence
           it
           shall
           be
           so
           Remitted
           .
        
         
           
             Secondly
             ,
          
           IT
           is
           supposed
           (
           by
           common
           Computation
           )
           there
           are
           
             Six
             Millions
          
           of
           people
           in
           the
           Kingdom
           of
           
             England
             ,
          
           Dominion
           of
           
             Wales
             ,
          
           &c.
           (
           which
           if
           so
           )
           they
           cannot
           subsist
           ,
           one
           with
           another
           ,
           for
           less
           Charge
           ,
           in
           
             Meat
             ,
             Drink
             ,
          
           and
           
             Apparel
             ,
          
           than
           
             Seven
          
           Pounds
           
             per
             Annum
          
           each
           person
           ,
           which
           amounts
           to
           
             Forty
             Two
             Millions
          
           Yearly
           expended
           in
           the
           way
           of
           
             Trade
          
           and
           
             Commerce
             ,
          
           which
           at
           
             Three
             Pence
          
           per
           Pound
           ,
           Annually
           paid
           for
           such
           
             Returns
             ,
          
           or
           
             Transmittances
             of
             Money
             ,
          
           as
           aforesaid
           ,
           amounts
           to
           the
           
             Sum
          
           of
           
             Five
             Hundred
             Twenty
             Five
             Thousand
          
           Pounds
           
             per
             Annum
             ,
          
           besides
           the
           large
           
             Sums
          
           that
           are
           expended
           in
           a
           Year
           for
           Houshold
           Goods
           ,
           Plate
           ,
           Jewels
           ,
           
             &c.
             
          
        
         
           
             Thirdly
             ,
          
           SUPPOSE
           a
           Merchant
           ,
           or
           any
           other
           Trader
           ,
           or
           Dealer
           ,
           sells
           his
           Goods
           ,
           Cattle
           ,
           or
           Wares
           ,
           in
           any
           part
           of
           the
           Kingdom
           ,
           
             &c.
          
           receiving
           his
           
             Moneys
          
           for
           the
           same
           ,
           being
           the
           
             Sum
          
           of
           a
           
             Thousand
          
           Pounds
           ,
           more
           or
           less
           ,
           he
           or
           they
           paying
           such
           
             Sum
          
           or
           
             Sums
          
           into
           the
           
           
             Chamber
          
           next
           adjoyning
           ,
           may
           have
           it
           
             remitted
          
           to
           any
           part
           ,
           without
           running
           any
           Hazard
           ,
           paying
           into
           the
           said
           
             Chamber
          
           for
           the
           same
           ,
           the
           Rate
           of
           
             Three
             Pence
             per
             Pound
             ,
          
           more
           or
           less
           ,
           according
           to
           the
           distance
           of
           place
           from
           the
           said
           
             Chamber
             ;
          
           and
           upon
           payment
           of
           his
           Monies
           into
           the
           said
           
             Chamber
             ,
          
           he
           shall
           receive
           a
           Bill
           of
           Return
           indented
           ;
           the
           
             Office
          
           or
           
             Chamber
          
           filing
           another
           of
           the
           same
           Date
           ;
           and
           a
           third
           so
           agreeing
           with
           the
           two
           former
           ,
           shall
           be
           sent
           to
           the
           place
           where
           he
           intends
           to
           receive
           his
           Moneys
           ,
           with
           advice
           to
           pay
           the
           same
           to
           the
           said
           party
           ,
           or
           his
           order
           ,
           upon
           sight
           of
           the
           parties
           Bill
           so
           mentioned
           ,
           making
           such
           payment
           in
           good
           Currant
           Coin
           of
           
             England
             ;
          
           and
           upon
           payment
           thereof
           ,
           to
           give
           his
           
             Receipt
             ,
          
           indorsed
           upon
           the
           said
           Bill
           ,
           for
           so
           much
           Moneys
           ,
           as
           the
           said
           Bill
           expresses
           to
           be
           due
           ;
           by
           which
           means
           every
           
             Petty
             Chamber
          
           may
           be
           able
           to
           adjust
           his
           Accompts
           with
           the
           
             Grand
             Chambers
          
           of
           
             London
             ,
          
           as
           often
           as
           they
           shall
           be
           required
           to
           do
           the
           same
           .
        
         
           
             Fourthly
             ,
          
           AS
           to
           the
           Furnishing
           the
           said
           Chambers
           with
           
             Cash
          
           sufficient
           to
           answer
           such
           Ends
           ,
           I
           presume
           the
           
             Moneys
          
           Collected
           for
           the
           King's
           Tax
           ;
           The
           Excise
           ,
           and
           other
           Moneys
           already
           Charged
           ,
           and
           to
           be
           Charged
           ,
           by
           
             Act
             of
             Parliament
             ,
          
           with
           Moneys
           payable
           for
           all
           manner
           of
           Goods
           or
           Commodities
           through
           the
           Kingdom
           in
           parts
           remote
           ,
           being
           paid
           into
           the
           said
           Chambers
           ,
           in
           each
           Town
           or
           County
           ,
           as
           aforesaid
           ,
           in
           order
           to
           be
           Remitted
           to
           other
           parts
           of
           the
           Kingdom
           ;
           may
           (
           as
           I
           humbly
           conceive
           )
           answer
           the
           ENDS
           Proposed
           with
           all
           Objections
           that
           shall
           be
           made
           against
           it
           .
        
         
           
             Fifthly
             ,
          
           WHEREAS
           it
           is
           thought
           the
           
             Mint
          
           cannot
           
             Coin
          
           above
           
             Twenty
             Thousand
             pounds
          
           per
           Week
           ,
           there
           will
           be
           some
           Years
           before
           the
           
             Cash
          
           of
           the
           Kingdom
           ,
           
             &c.
          
           can
           be
           Re-Coined
           :
           NOW
           I
           conceive
           ,
           that
           
             Forty
             Thousand
             pounds
          
           
           will
           be
           sufficient
           
             Fund
          
           to
           begin
           this
           
             Vndertaking
             ;
          
           each
           
             Chamber
          
           in
           
             London
             ,
          
           signifying
           to
           their
           several
           petty
           Chambers
           throughout
           the
           Kingdom
           ,
           
             &c.
          
           to
           send
           up
           to
           
             London
          
           all
           the
           
             Large
             Moneys
          
           they
           can
           pick
           out
           of
           their
           
             Cash
             ,
          
           in
           order
           to
           have
           it
           
             Exchanged
             ,
          
           at
           the
           
             Mint
             ,
          
           for
           
             MIL'D
             MONEY
             :
          
           So
           that
           the
           
             Mint
          
           may
           by
           kept
           in
           
             Full
             Employ
          
           of
           
             Coining
             ;
          
           and
           
             New
             Money
          
           from
           time
           to
           time
           shall
           be
           Transmitted
           back
           ,
           or
           otherwise
           paid
           to
           the
           
             Proprietors
             ,
          
           (
           of
           the
           Old
           )
           where
           they
           shall
           desire
           it
           ;
           which
           will
           make
           the
           first
           Years
           
             Coinage
          
           to
           sustain
           
             no
             great
          
           Loss
           ;
           The
           second
           Year
           
             not
             much
          
           more
           ,
           and
           the
           Third
           
             not
             much
          
           greater
           than
           the
           precedent
           :
           So
           that
           the
           
             Profits
          
           in
           the
           
             Stock
          
           of
           this
           
             Bank
          
           will
           
             not
             much
          
           lesson
           the
           
             first
          
           year
           ;
           possibly
           
             something
          
           more
           the
           
             second
             ,
          
           and
           
             not
          
           much
           more
           the
           
             third
             :
          
           From
           whence
           I
           Conclude
           ,
           There
           may
           be
           a
           
             sufficient
             Fund
          
           to
           Answer
           the
           
             Loss
          
           of
           
             all
          
           the
           
             abused
             Cash
             ;
          
           which
           I
           take
           to
           be
           little
           less
           than
           
             Two
             Millions
             .
          
        
         
           
             Sixthly
             ,
          
           FROM
           all
           which
           ,
           I
           humbly
           conceive
           ,
           That
           by
           this
           
             Method
          
           (
           in
           a
           reasonable
           time
           )
           the
           
             Cash
          
           of
           this
           Kingdom
           may
           be
           wholly
           
             Re-Coined
             ,
             Trade
             ,
          
           and
           
             Commerce
          
           highly
           advanced
           ;
           Gentlemens
           
             Estates
          
           much
           improved
           ,
           besides
           the
           Conveniency
           of
           having
           their
           Rents
           safely
           and
           quickly
           Transmitted
           them
           ,
           to
           any
           part
           of
           the
           Kingdom
           remote
           ;
           the
           
             great
             loss
          
           of
           many
           by
           
             High-Way-Men
          
           totally
           prevented
           ;
           the
           
             Post-Office
          
           much
           advanced
           (
           and
           many
           more
           accrewing
           Benefits
           and
           Advantages
           to
           the
           
             Government
             ,
          
           and
           
             Subject
             ,
          
           produced
           )
           than
           can
           ,
           at
           present
           ,
           be
           seen
           into
           ,
           and
           too
           large
           here
           to
           Enumerate
           :
           And
           supposing
           the
           
             Mint
          
           shall
           be
           able
           to
           
             Coin
          
           Forty
           thousand
           pounds
           
             per
             Diem
             ,
          
           Care
           may
           be
           taken
           to
           supply
           the
           
             Mint
          
           with
           
             old
             moneys
             ,
          
           or
           
             Bullion
          
           (
           that
           if
           possibly
           so
           much
           can
           be
           
             Coined
          
           in
           the
           time
           )
           all
           may
           be
           Compleated
           in
           a
           Year
           ,
           or
           two
           ,
           at
           the
           furthest
           ;
           from
           the
           time
           ,
           
             Offices
          
           or
           
             Chambers
          
           of
           
             Accompts
             ,
          
           shall
           be
           so
           fixed
           as
           aforesaid
           .
        
         
         
           
             NOW
             rationally
             to
             prove
             the
             same
             in
             every
             part
             ,
             and
             to
             make
             the
             whole
             Matter
             more
             plain
             and
             easy
             to
             be
             Understood
             ,
             (
             by
             the
             meanest
             Capacities
             of
             all
             Traders
             ,
             and
             Dealers
             of
             what
             kind
             soever
             ,
             who
             will
             be
             Accomodated
             in
             such
             manner
             ,
             as
             is
             before
             proposed
             )
             I
             shall
             endeavour
             to
             demonstrate
             how
             the
             same
             may
             be
             done
             with
             ease
             ,
             as
             may
             be
             observed
             by
             the
          
           Methods
           
             following
             ,
          
           viz.
           
        
         
           1
           
             st
             .
          
           SUPPOSE
           the
           
             Four
             Grand-Chambers
          
           so
           Erected
           in
           
             London
             ,
          
           be
           substituted
           for
           
             Four
             Divisions
             ,
          
           viz.
           
             East
             ,
             West
             ,
             North
             ,
          
           and
           
             South
             ;
          
           and
           so
           Dividing
           the
           
             Post
          
           and
           
             Market-Towns
          
           into
           
             four
             Divisions
             ,
          
           throughout
           the
           Kingdom
           of
           
             England
          
           and
           
             Wales
          
           &c.
           placing
           
             Clerks
          
           in
           each
           
             Chamber
          
           of
           
             London
             ,
          
           Distinctly
           for
           each
           
             County
             ;
          
           each
           County
           having
           a
           
             Different
             Seal
             ,
          
           and
           the
           
             Clerks
          
           of
           the
           
             Post
             ,
          
           and
           
             Market-Towns
          
           of
           the
           same
           
             County
             ,
          
           having
           like
           
             Seals
          
           with
           the
           
             Clerks
          
           of
           the
           same
           
             County
          
           in
           the
           
             Grand
             Chambers
          
           of
           
             London
             ,
          
           to
           be
           kept
           by
           them
           ,
           with
           
             Numbers
          
           in
           their
           Books
           ,
           of
           
             All
             Returns
             ,
          
           from
           Place
           to
           Place
           ,
           with
           the
           
             Indentures
             .
          
           I
           suppose
           it
           may
           make
           it
           easy
           to
           be
           
             Adjusted
          
           on
           all
           sides
           :
           And
           the
           
             Directors
          
           of
           the
           
             Grand-Chambers
          
           in
           
             London
             ,
          
           may
           ,
           with
           ease
           ,
           
             Inspect
             All
          
           the
           
             Returns
          
           which
           shall
           be
           made
           by
           the
           
             Country
             Chambers
             .
          
        
         
           2
           
             dly
             .
          
           I
           Presume
           no
           Person
           
             Questions
          
           the
           
             Numbers
          
           of
           
             Souls
          
           supposed
           to
           be
           in
           
             England
             ,
             Wales
             ,
          
           &c.
           but
           rather
           that
           they
           may
           be
           more
           ,
           taking
           Infants
           to
           be
           included
           in
           the
           same
           :
           All
           which
           ,
           help
           in
           the
           Consumption
           of
           Goods
           ,
           that
           shall
           be
           bought
           and
           sold
           ,
           and
           Transferred
           from
           place
           to
           place
           ,
           throughout
           the
           Kingdom
           .
        
         
           3
           
             dly
             ,
          
           and
           4
           
             dly
             .
          
           ALL
           Dealers
           in
           any
           Town
           ,
           
             Carriers
             ,
             Haglers
             ,
          
           &c.
           are
           to
           be
           Prohibited
           Travelling
           the
           Road
           ,
           
           *
           with
           Money
           more
           than
           will
           defray
           their
           Travelling
           Charges
           ,
           as
           I
           intimated
           in
           my
           
             first
             Paragraph
             ,
          
           except
           such
           petty
           Chapmen
           ,
           who
           shall
           Travel
           the
           Country
           
             thirty
          
           or
           
             forty
          
           Miles
           ,
           round
           ,
           in
           order
           to
           buy
           up
           Goods
           ,
           as
           
             Wooll
             ,
          
           &c.
           buying
           two
           or
           Three
           Todd
           in
           one
           place
           ,
           and
           three
           or
           four
           in
           another
           ,
           where
           they
           can
           meet
           with
           them
           :
           For
           it
           is
           not
           to
           be
           imagined
           ,
           such
           
             Chapmen
          
           as
           these
           shall
           have
           their
           Moneys
           remitted
           ,
           by
           reason
           of
           the
           great
           uncertainty
           in
           what
           place
           they
           shall
           buy
           their
           Goods
           :
           But
           my
           meaning
           is
           ,
           That
           such
           Persons
           ,
           who
           bring
           their
           
             Goods
          
           to
           a
           Certain
           Town
           or
           Market
           ,
           selling
           them
           for
           considerable
           Sums
           ;
           and
           such
           Persons
           ,
           who
           shall
           carry
           their
           
             moneys
          
           to
           a
           Market
           or
           Fair
           to
           Buy
           with
           .
           (
           As
           for
           Example
           )
           A
           Person
           living
           at
           
             Exeter
             ,
          
           or
           any
           other
           place
           ,
           hearing
           of
           a
           parcel
           of
           
             Wooll
          
           to
           be
           sold
           at
           
             Northampton
             ,
          
           or
           any
           other
           place
           Cross
           the
           Country
           ,
           though
           far
           remote
           ;
           The
           said
           Party
           ,
           paying
           the
           
             moneys
             ,
          
           he
           intends
           to
           lay
           out
           ,
           into
           the
           
             Chamber
          
           of
           the
           Town
           aforesaid
           ,
           the
           
             Clerk
          
           of
           that
           
             Chamber
             ,
          
           sending
           up
           the
           
             Advice-Indenture
             ,
          
           to
           the
           proper
           
             Clark
          
           of
           the
           said
           
             County
             ,
          
           He
           shall
           
             Remit
          
           the
           
             moneys
          
           to
           the
           
             Chamber
          
           of
           the
           said
           
             Town
             ,
          
           with
           as
           much
           
             Expedition
             ,
          
           as
           the
           
             Post
          
           can
           make
           :
           And
           in
           like
           manner
           ,
           may
           all
           Gentlemens
           
             Rents
             ,
          
           or
           
             moneys
          
           for
           
             Portions
             ,
          
           and
           
             Purchases
          
           be
           
             Transmitted
          
           throughout
           the
           Kingdom
           .
        
         
           AND
           what
           shall
           be
           wanting
           in
           the
           
             Country
             Chambers
             ,
          
           let
           care
           be
           taken
           by
           the
           Chief
           
             Chambers
          
           in
           
             London
          
           to
           send
           down
           ,
           with
           all
           
             imaginable
             speed
             ,
          
           and
           so
           having
           a
           due
           
             Correspondence
          
           each
           with
           the
           other
           ,
           they
           may
           easily
           perceive
           what
           stock
           each
           ,
           and
           every
           
             Chamber
          
           in
           the
           Country
           hath
           by
           them
           ;
           so
           that
           by
           returning
           
             New
             Monies
          
           for
           
             Old
             ,
          
           †
           they
           may
           keep
           an
           exact
           
           
             Ballance
          
           on
           all
           occasions
           ,
           in
           all
           places
           ,
           and
           at
           all
           times
           throughout
           the
           Kingdom
           ,
           during
           the
           time
           our
           Old
           
             Money
          
           shall
           be
           
             Re-Coining
             ,
          
           or
           longer
           ,
           if
           it
           shall
           be
           so
           approved
           on
           ,
           and
           thought
           
             requisite
             ,
          
           by
           which
           means
           each
           Town
           may
           have
           a
           Bank
           of
           
             money
          
           by
           them
           ,
           which
           ,
           (
           as
           I
           conceive
           )
           will
           be
           no
           small
           
             Increase
             of
             Riches
          
           throughout
           the
           Kingdom
           ,
           causing
           all
           
             Manufactories
          
           to
           flourish
           much
           more
           than
           hitherto
           they
           have
           done
           ,
           the
           failure
           of
           which
           is
           thought
           to
           be
           for
           want
           of
           
             monies
          
           among
           them
           ,
           which
           has
           occasioned
           many
           
             Country
             People
          
           to
           try
           their
           Fortunes
           in
           
             London
             ,
          
           where
           
             money
          
           is
           more
           plenty
           ,
           which
           hath
           much
           
             depopulated
          
           the
           Country
           ,
           thereby
           
             damnifying
          
           very
           much
           both
           
             Gentlemens
             Estates
             ,
          
           and
           done
           great
           injury
           to
           all
           
             manufacturies
             .
          
        
         
           FURTHER
           ,
           There
           are
           several
           
             Principal
             Towns
          
           and
           places
           of
           Trade
           ,
           as
           
             Exeter
             ,
             Norwich
             ,
             Colchester
             ,
             Hull
             ,
             Leeds
             ,
          
           &c.
           wherein
           the
           Goods
           are
           bought
           by
           the
           Inhabitants
           of
           the
           said
           places
           ,
           and
           there
           vended
           ,
           which
           
             monies
             ,
          
           with
           the
           
             Kings
             Revenues
             ,
          
           being
           paid
           into
           the
           Bank
           of
           the
           said
           places
           ,
           must
           inevitably
           be
           
             equivolent
          
           to
           the
           
             manufuctures
          
           made
           in
           the
           said
           Towns
           ,
           and
           vended
           else-where
           :
           For
           suppose
           each
           of
           those
           do
           
             vend
          
           and
           make
           
             great
             quantities
          
           of
           
             Woollen
             manufacturies
             ,
          
           being
           the
           
             Staple
             Commodities
          
           of
           the
           Kingdom
           ,
           the
           more
           they
           make
           the
           better
           ,
           being
           the
           
             greater
             number
          
           of
           People
           must
           be
           imployed
           therein
           :
           And
           we
           find
           by
           
             experience
             ,
          
           That
           by
           the
           
             Wisdom
          
           and
           
             Providence
          
           of
           
             God
             ,
             Noblemen
             ,
             Gentlemen
             ,
             Shopkeepers
             ,
             Merchants
             ,
          
           &c.
           are
           so
           promiscuously
           inter
           mixed
           in
           Towns
           and
           Villages
           among
           Handicrafts
           ,
           being
           subservient
           one
           to
           another
           ,
           as
           
             different
             members
          
           of
           one
           and
           the
           same
           body
           ;
           and
           supposing
           there
           are
           
             Twenty
          
           or
           
             Thirty
             Thousand
          
           Souls
           in
           each
           Town
           or
           place
           :
           These
           must
           all
           be
           
             Fed
          
           and
           
             Cloathed
             ,
          
           with
           all
           things
           according
           to
           their
           several
           Ranks
           and
           Qualities
           ,
           
           and
           ,
           by
           
             consequence
             ,
          
           must
           Trade
           in
           
             Linnen
             ,
             Woollen
             ,
             Silk
             ,
          
           &c
           ,
           and
           in
           all
           
             Grocery
             Wares
             ,
             Wine
             ,
             Oyl
             ,
             Tobacco
             ,
             Iron
             ,
             Lead
             ,
             Tin
             ,
             Copper
             ,
             Glass
             ,
          
           &c.
           and
           in
           all
           sorts
           of
           
             Grain
             ,
             Cattle
             ,
             Fruits
             ,
             Dyes
             ,
          
           and
           
             Druggs
             ,
          
           without
           which
           ,
           no
           place
           can
           well
           subsist
           .
           Now
           let
           the
           
             Traders
          
           of
           the
           said
           Towns
           ,
           and
           Villages
           nigh
           adjacent
           ,
           pay
           into
           the
           Banks
           of
           the
           said
           places
           ,
           all
           the
           
             monies
          
           they
           shall
           receive
           for
           the
           Goods
           
             vended
          
           by
           them
           :
           The
           prime
           cost
           of
           all
           such
           Goods
           consumed
           ,
           together
           with
           the
           Money
           Collected
           for
           
             Excise
             ,
          
           the
           
             Land
             Tax
          
           and
           
             Customs
          
           being
           paid
           into
           the
           next
           Chamber
           ,
           or
           Bank
           ,
           in
           or
           nigh
           the
           place
           ,
           must
           make
           a
           sufficient
           Fund
           of
           Monies
           in
           all
           the
           Banks
           of
           each
           County
           ,
           Town
           ,
           or
           City
           ,
           to
           answer
           all
           Goods
           and
           Manufactories
           that
           shall
           come
           out
           of
           the
           Countries
           ,
           being
           the
           prime
           Cost
           of
           
             materials
          
           are
           allowed
           for
           :
           But
           if
           any
           Merchant
           or
           Dealer
           suppose
           the
           Manufactures
           made
           in
           the
           Countries
           ,
           and
           sent
           abroad
           ,
           are
           of
           greater
           value
           than
           the
           prime
           Cost
           of
           Goods
           ,
           that
           are
           bought
           and
           consumed
           in
           the
           Countrys
           ;
           I
           beg
           to
           know
           how
           it
           happens
           ,
           That
           such
           Town
           or
           Country
           has
           not
           gain'd
           the
           greatest
           part
           of
           the
           Kingdoms
           Wealth
           ;
           which
           ,
           if
           any
           person
           satisfies
           me
           in
           ,
           I
           shall
           look
           upon
           all
           my
           pains
           ,
           and
           serious
           thoughts
           ,
           about
           this
           Project
           ,
           to
           be
           vain
           imaginations
           ,
           and
           shall
           desist
           further
           to
           urge
           it
           .
        
         
           AND
           further
           ,
           I
           conceive
           it
           will
           be
           the
           interest
           of
           all
           Country
           Gentlemen
           and
           Traders
           ,
           to
           lodge
           what
           Moneys
           they
           can
           spare
           from
           their
           immediate
           occasions
           in
           such
           Chambers
           of
           Strength
           and
           Security
           ,
           so
           set
           apart
           by
           the
           Chief
           Burghers
           of
           each
           Town
           ,
           where
           it
           may
           remain
           ,
           in
           order
           to
           have
           it
           Exchanged
           in
           its
           turn
           for
           New
           ,
           with
           their
           security
           for
           the
           same
           ,
           to
           be
           forth
           coming
           upon
           demand
           :
           And
           so
           soon
           as
           the
           KING's
           Money
           shall
           be
           paid
           into
           any
           of
           the
           said
           Chambers
           in
           the
           
           Country
           ,
           *
           it
           may
           be
           drawn
           off
           here
           from
           the
           Chief
           Chambers
           in
           
             London
             ,
          
           at
           the
           pleasure
           of
           the
           
             Lords
          
           of
           the
           
             Treasury
             .
          
           I
           have
           been
           the
           more
           prolix
           ,
           in
           order
           to
           explain
           ,
           and
           rationally
           to
           prove
           my
           
             Propositions
          
           laid
           down
           in
           the
           
             Third
          
           and
           
             Fourth
             Paragraph
             ,
          
           which
           I
           hope
           will
           be
           rightly
           understood
           .
        
         
           
             5thly
             .
          
           WHEREAS
           ,
           at
           the
           Common
           rate
           of
           Coinage
           ,
           it
           may
           be
           some
           Years
           before
           
             All
          
           the
           
             abused
          
           Cash
           of
           the
           Kingdom
           may
           be
           Re-Coined
           ;
           It
           makes
           me
           suppose
           ,
           that
           
             Forty
             thousand
             pounds
          
           will
           be
           a
           sufficient
           
             Fund
          
           to
           carry
           on
           this
           Work
           :
           But
           if
           this
           
             Honourable
             House
          
           thinks
           fit
           to
           have
           it
           done
           with
           more
           speed
           ,
           it
           will
           be
           a
           sufficient
           Fund
           (
           for
           a
           Credit
           )
           to
           carry
           on
           the
           Work
           more
           expeditiously
           ;
           which
           I
           humbly
           conceive
           ,
           will
           be
           more
           for
           the
           
             Interest
          
           of
           the
           Kingdom
           ,
           being
           the
           longer
           it
           shall
           be
           Re-Coining
           ,
           the
           more
           it
           will
           be
           
             Clipt
          
           and
           
             Adulterated
             .
          
        
         
           
             6thly
             .
          
           I
           humbly
           conceive
           it
           may
           be
           highly
           improved
           ,
           in
           like
           manner
           as
           the
           
             Post-Office
          
           has
           been
           since
           the
           first
           Establishment
           thereof
           ,
           which
           will
           conduce
           much
           to
           the
           good
           of
           Trade
           ,
           both
           in
           City
           and
           Country
           :
           For
           if
           
             A.
             B.
          
           or
           .
           
             C.
          
           suffer
           for
           not
           having
           Returns
           of
           Money
           ,
           according
           to
           expectation
           or
           desire
           ,
           certainly
           the
           greater
           part
           of
           the
           
             Alphabet
          
           must
           sensibly
           Feel
           it
           one
           way
           or
           other
           :
           But
           this
           Method
           being
           taken
           ,
           It
           must
           ,
           by
           consequence
           ,
           lessen
           the
           Interest
           of
           
             money
             ,
          
           highly
           advance
           
             Lands
             ,
          
           increase
           in
           incom
           of
           the
           
             General
             Post-Office
             ,
          
           †
           and
           preserve
           many
           Mens
           Lives
           ,
           who
           frequently
           Suffer
           by
           the
           Hands
           of
           Justice
           ,
           having
           so
           many
           opportunities
           of
           Clipping
           ,
           and
           Committing
           Robberies
           ;
           which
           has
           much
           lessoned
           the
           Number
           of
           People
           in
           this
           Kingdom
           ,
           who
           
           might
           have
           been
           useful
           to
           the
           Government
           ,
           and
           more
           especially
           during
           this
           time
           of
           War.
           
        
         
           
             Lastly
             ,
          
           This
           I
           humbly
           conceive
           (
           if
           approved
           on
           by
           His
           Majesty
           ,
           and
           the
           Honourable
           
             Houses
             of
             Parliament
             )
          
           may
           be
           worth
           
             Five
             hundred
             thousand
             pounds
             ,
             per
             Annum
             .
          
           or
           more
           ,
           without
           hurting
           the
           Subject
           (
           as
           I
           have
           set
           forth
           in
           the
           Preamble
           )
           paying
           no
           more
           for
           their
           Returns
           of
           Money
           ,
           than
           they
           commonly
           now
           do
           upon
           occasion
           of
           such
           Returns
           by
           Carriers
           ,
           or
           otherwise
           .
           Therefore
           ,
           the
           Terms
           in
           my
           Propositions
           being
           so
           easy
           (
           and
           the
           Service
           of
           so
           great
           value
           )
           I
           hope
           no
           Man
           can
           rationally
           Grudge
           ,
           at
           ,
           (
           obtaining
           so
           great
           a
           Benefit
           by
           it
           ,
           *
           in
           )
           having
           their
           Moneys
           made
           full
           Weight
           ,
           and
           Currant
           ,
           without
           any
           scruple
           ,
           
             &c.
             
          
        
         
           AND
           seeing
           the
           
             Bank
             of
             England
          
           has
           been
           Approved
           of
           by
           the
           Nation
           in
           general
           ,
           I
           would
           not
           propose
           the
           Setting
           up
           of
           these
           Chambers
           in
           every
           City
           or
           Market
           Town
           ,
           could
           I
           imagine
           it
           any
           way
           prejudicial
           to
           so
           worthy
           an
           Undertaking
           :
           But
           these
           being
           only
           intended
           for
           making
           Good
           the
           Adulterated
           and
           Abused
           Coin
           of
           the
           Kingdom
           ,
           by
           observing
           such
           Methods
           as
           I
           have
           before
           laid
           down
           ;
           I
           cannot
           perceive
           wherein
           they
           can
           any
           way
           Prejudice
           that
           
             Great
             Bank.
          
           †
           And
           this
           being
           
             Proposed
          
           for
           the
           
             Publick
             Good
             ,
          
           I
           hope
           it
           will
           not
           be
           
             Postpon'd
             ,
          
           but
           rather
           meet
           with
           that
           Encouragement
           from
           the
           
             Government
             ,
          
           as
           may
           render
           it
           Useful
           for
           the
           Matter
           intended
           ;
           which
           will
           not
           only
           be
           a
           
             Great
             Benefit
             ,
          
           but
           also
           a
           
             Great
             Honour
          
           to
           the
           
             Kingdom
             ,
          
           in
           having
           it's
           Coin
           such
           
           as
           may
           be
           Taken
           without
           Exceptions
           ,
           These
           are
           my
           present
           Thoughts
           about
           the
           Matter
           ,
           which
           I
           hope
           may
           be
           Candidly
           Received
           ,
           to
           my
           Encouragement
           ,
           for
           the
           
             Great
             Pains
          
           I
           have
           taken
           about
           it
           ;
           which
           ,
           if
           it
           so
           happen
           ,
           I
           shall
           PROPOSE
           another
           Method
           for
           Raising
           
             Ten
             Hundred
             Thousand
             Pounds
          
           worth
           of
           
             Bullion
             ,
          
           which
           shall
           be
           Affected
           in
           as
           little
           time
           ,
           as
           the
           Chambers
           can
           be
           fixed
           :
           *
           So
           that
           the
           WORK
           may
           be
           carried
           on
           with
           Ease
           and
           Expedition
           .
           And
           I
           hope
           the
           
             Objections
          
           that
           may
           be
           raised
           against
           my
           
             Proposals
             ,
          
           are
           so
           Rationally
           Answered
           ,
           as
           with
           Ease
           to
           be
           vnderstood
           ;
           relating
           to
           the
           Re-Coining
           of
           the
           Cash
           ;
           the
           Advance
           of
           Trade
           ;
           the
           Improvement
           of
           Estates
           ;
           the
           safe
           and
           quick
           Transmittances
           of
           Rents
           ;
           and
           the
           Benefit
           accrewing
           to
           the
           Post-Office
           ,
           
             &c.
             
          
           (
           In
           which
           ,
           if
           I
           am
           mistaken
           )
           I
           humbly
           submit
           to
           the
           
             Great
             Wisdom
          
           of
           this
           
             Honourable
             House
             ,
          
           to
           Pardon
           me
           herein
           ;
           and
           to
           Accept
           of
           my
           Sincere
           ,
           though
           weak
           Endeavours
           (
           for
           the
           Publick
           Good
           )
           and
           beg
           leave
           to
           Subscribe
        
         
           
             Your
             HONOVRS
             most
             Humble
             and
             most
             Submissive
             Servant
             ,
             Daniel
             Beeckman
             .
          
        
      
       
         
         
           England
           ,
           including
           Wales
           ,
           divided
           into
           Four
           equal
           parts
           ,
           (
           viz.
           )
           Northern
           ,
           Midland
           ,
           Southern
           ,
           and
           Western
           .
        
         
           THE
           NORTHERN
           to
           be
           
             Northumberland
             ,
          
           Bish
           .
           of
           
             Durham
             ,
             Cumberland
             ,
             Westmoreland
             ,
             Lancashire
             ,
             Lincolnshire
             ,
             Yorkshire
             ,
             Nottinghamshire
             ,
             Derbyshire
             ,
          
           and
           
             Staffordshire
             .
          
        
         
           THE
           MIDLAND
           to
           be
           ,
           
             Worcestershire
             ,
             Warwickshire
             ,
             Leicestershire
             ,
             Rutlandshire
             ,
             Northamptonshire
             ,
             Oxfordshire
             ,
             Buckinghamshire
             ,
             Bedfordshire
             ,
             Middlesex
             ,
             Huntingtonshire
             ,
             Cambridgeshire
             ,
             Hartfordshire
             ,
             Norfolk
             ,
             Suffolk
             ,
          
           and
           
             Essex
             .
          
        
         
           THE
           SOUTHERN
           to
           be
           
             Kent
             ,
             Surrey
             ,
             Sussex
             ,
             Southamptonshire
             ,
          
           including
           the
           
             Isle
          
           of
           
             Weight
             ,
             Guernsey
          
           and
           
             Jersey
             ,
             Wiltshire
             ,
             Barkshire
             ,
             Dorsetshire
             ,
             Sommersetshire
             ,
             Devonshire
             ,
          
           and
           
             Cornwal
             .
          
        
         
           THE
           WESTERN
           to
           be
           
             Wales
             ,
             Monmouthshire
             ,
             Herefordshire
             ,
             Gloucestershire
             ,
             Shropshire
             ,
          
           and
           
             Cheshire
             .
          
        
      
       
         
         
           
             
               December
               the
               12th
               .
            
             
             1695.
             
          
           
             
               DEbtor
               ,
            
             
             
               intrusted
               to
               my
               Care
               ,
            
             A.
             B.
             
               Clerk
               of
               the
               Chamber
               of
            
             Exon.
             1000
             I.
             
               by
            
             C.
             D.
             
               Clothier
               of
               the
               same
               Town
               ,
            
             
             
               to
               be
               paid
               in
            
             London
             ,
             
               on
               sight
               of
               the
               Party's
               Bill
               ,
               matching
               with
               the
               Advice-Indenture
               sent
               you
               .
            
          
        
         
           
             
               December
               the
               12th
               .
            
             
             1695.
             
          
           
             
               REceived
               then
               of
            
             C.
             D.
             
               of
            
             Exon.
             
               Clothier
               ,
               the
               Sum
               of
            
             1000.
             l.
             
               with
               Poundage
               for
               the
               Return
               ,
               made
               payable
               by
               you
            
             E.
             F.
             
               Clerk
               of
               the
               said
               County
               ,
               in
            
             London
             ,
             
               drawn
               by
               me
               ,
               Debter
               to
               you
               for
               the
               same
               ;
               as
               Witness
               my
               Hand
               and
               Seal
               ,
               the
               day
               and
               year
               first
               above-written
               ,
            
          
           
             
               A.
               B.
               
            
          
        
         
           
             
               Nam
               Yna
               ot
               Gnorw
               on
               od
               .
            
          
           
             
               THis
            
             Advice-Indenture
             ,
             
             
               sheweth
               the
               Check
               of
               a
               Bill
               drawn
               by
               me
            
             A.
             B.
             
               December
            
             the
             12
             
               th
               .
            
             1695.
             
               for
            
             1000.
             l.
             
               to
               be
               paid
               by
               you
            
             E.
             F.
             
               agreeing
               with
               Number
               and
               Check
               ,
               and
               place
               your self
               Creditor
               to
               me
               for
               the
               same
               .
            
          
           
             Do
             no
             Wrong
             to
             any
             Man.
             
          
           
             The
             WORD
             ,
             
               &c.
               
            
          
        
         
           
           
             1.
             
             IN
             the
             main
             Design
             of
             my
             Proposals
             no
             difficulties
             attend
             them
             ,
             for
             it
             will
             be
             a
             great
             Ease
             to
             persons
             Travelling
             the
             Road
             ,
             to
             forbear
             carrying
             Sums
             of
             Money
             along
             with
             them
             ,
             when
             they
             may
             carry
             a
             Bill
             ,
             which
             will
             procure
             them
             what
             Sums
             they
             desire
             to
             receive
             in
             any
             part
             of
             the
             Kingdom
             .
          
           
             2.
             
             AND
             if
             this
             
               Honourable
               House
            
             will
             be
             pleased
             to
             Prohibit
             the
             Exportation
             of
             all
             manner
             of
             
               Bullion
               ,
            
             and
             set
             a
             price
             thereon
             ,
             putting
             a
             stop
             to
             its
             further
             rise
             ,
             during
             the
             time
             of
             Coinage
             ,
             the
             work
             may
             begin
             ,
             and
             
               Five
               Shillings
            
             worth
             of
             Silver
             may
             be
             put
             in
             a
             Crown-piece
             ;
             and
             so
             proportionable
             in
             lesser
             pieces
             ,
             allowing
             only
             for
             Coinage
             as
             is
             usual
             .
          
           
             By
             which
             means
             will
             be
             made
             plain
             
               Two
            
             Misteries
             .
          
           
             
               First
               ,
            
             THE
             reason
             why
             Gold
             and
             Silver
             have
             risen
             so
             high
             .
          
           
             
               Secondly
               ,
            
             THE
             cause
             of
             
               Bullion
            
             being
             so
             scarce
             .
          
           
             AS
             to
             the
             
               First
               :
            
             All
             Goldsmiths
             and
             Refiners
             will
             be
             Obliged
             thereby
             ,
             to
             send
             their
             Silver
             
               Bullion
            
             to
             the
             Mint
             ,
             in
             order
             to
             have
             it
             Coined
             ,
             as
             of
             late
             they
             have
             done
             their
             Gold
             ,
             which
             should
             they
             not
             do
             ,
             it
             will
             not
             be
             worth
             their
             time
             to
             give
             the
             full
             rate
             so
             set
             ,
             as
             those
             
               Chambers
            
             of
             
               Accompts
            
             may
             for
             the
             Nations
             Benefit
             .
          
           
             AS
             to
             the
             
               Second
               :
            
             If
             the
             said
             Goldsmiths
             and
             Refiners
             shall
             omit
             sending
             their
             
               Bullion
            
             to
             the
             Mint
             ,
             as
             aforesaid
             ,
             then
             it
             will
             plainly
             appear
             ,
             they
             send
             to
             Foreign
             Parts
             to
             buy
             up
             Gold
             ,
             thereby
             to
             make
             an
             extraordinary
             Profit
             ,
             which
             may
             in
             some
             time
             much
             lessen
             the
             Stock
             and
             Wealth
             of
             the
             Kingdom
             ,
             being
             the
             Bullion
             ,
             or
             Coin
             in
             silver
             ,
             so
             exported
             ,
             exceeds
             the
             worth
             of
             Gold
             imported
             ;
             which
             I
             take
             to
             be
             the
             cause
             why
             Guineas
             have
             risen
             to
             so
             great
             a
             Value
             ,
             and
             the
             reason
             of
             such
             scarcity
             of
             silver
             .
          
           
             
               BVT
            
             Persons
             may
             Object
             ,
             should
             the
             Exportation
             of
             Bullion
             be
             Prohiited
             ,
             how
             shall
             the
             Army
             abroad
             be
             paid
             ,
             during
             the
             present
             War
             ,
             being
             be
             soldiers
             must
             have
             silver
             either
             in
             Bullion
             or
             Coin
             ,
             without
             which
             they
             ●annot
             
               subsist
               .
            
          
           
             
               Ans
               .
            
             With
             all
             humble
             submission
             to
             this
             
               Honourable
               House
               :
            
          
           
             I
             conceive
             the
             Kingdom
             of
             
               England
               ,
            
             Dominion
             of
             
               Wales
               ,
            
             &c.
             are
             blessed
             with
             as
             many
             useful
             and
             staple
             Commodities
             ,
             as
             
             are
             in
             any
             parts
             of
             the
             world
             ,
             (
             
               viz.
            
             )
             Wool
             ,
             Lead
             ,
             Tin
             ,
             Leather
             ,
             Shoes
             ,
             Boots
             ,
             Stockings
             ,
             and
             many
             more
             ,
             too
             large
             to
             enumerate
             :
             And
             being
             neither
             Bullion
             nor
             Coin
             can
             be
             eat
             ,
             drank
             ,
             or
             wore
             ,
             why
             should
             these
             Commodities
             he
             sent
             abroad
             ?
             I
             presume
             ,
             the
             Army
             may
             be
             maintained
             with
             considerable
             Advantage
             to
             the
             Nation
             ,
             if
             duely
             weighed
             and
             inspected
             into
             ,
             increasing
             a
             great
             Trade
             ,
             and
             benefit
             to
             our
             Handicrafts
             of
             all
             sorts
             ,
             and
             thereby
             keeping
             them
             in
             full
             employ
             ,
             which
             would
             lessen
             the
             price
             of
             all
             such
             goods
             in
             general
             .
          
           
             AND
             should
             so
             many
             Goods
             be
             bought
             up
             as
             would
             amount
             to
             the
             Sum
             fixed
             on
             by
             this
             
               Honourable
               House
               ,
            
             for
             the
             maintenance
             of
             the
             Army
             abroad
             ,
             they
             may
             procure
             a
             Credit
             in
             
               Holland
               ,
            
             or
             
               Flanders
               ,
            
             or
             in
             any
             City
             ,
             or
             great
             Town
             in
             those
             parts
             ,
             where
             such
             Goods
             shall
             be
             consumed
             ,
             being
             bought
             here
             at
             much
             easier
             rates
             ,
             than
             they
             can
             be
             afforded
             at
             in
             those
             parts
             .
          
           
             FOR
             I
             find
             by
             Bills
             of
             
               Entry
            
             in
             the
             
               Custom-House
               ,
            
             That
             great
             Quantities
             of
             such
             Goods
             are
             sent
             to
             
               Holland
               ,
            
             and
             other
             parts
             adjoyning
             ,
             which
             must
             either
             by
             consumed
             in
             those
             places
             ,
             to
             which
             they
             are
             consign'd
             ,
             or
             else
             they
             are
             sent
             from
             thence
             to
             other
             parts
             remote
             .
          
           
             THEREFORE
             ,
             should
             Factors
             be
             employed
             in
             
               England
               ,
               Scotland
               ,
               Ireland
               ,
            
             &c.
             to
             Buy
             up
             such
             Goods
             :
             And
             likewise
             Factors
             placed
             in
             
               Holland
               ,
               Flanders
               ,
            
             &c.
             to
             whom
             they
             should
             be
             consign'd
             for
             the
             KING's
             use
             ,
             they
             may
             be
             sold
             with
             advantage
             ,
             to
             raise
             Moneys
             sufficient
             to
             pay
             the
             Army
             in
             those
             parts
             .
          
           
             AND
             should
             not
             the
             said
             Factors
             be
             able
             to
             vend
             so
             many
             ,
             as
             to
             supply
             the
             KING's
             occasions
             in
             paying
             his
             Army
             ,
             yet
             the
             said
             Goods
             may
             be
             a
             sufficient
             Fund
             to
             borrow
             Monies
             on
             ,
             either
             from
             the
             States
             of
             
               Holland
               ,
            
             or
             from
             the
             Burghers
             of
             Cities
             or
             great
             Towns
             in
             those
             parts
             ,
             at
             
               Three
            
             Pounds
             
               per
               Cent.
            
             which
             Monies
             so
             borrowed
             may
             be
             re-paid
             as
             often
             as
             such
             Goods
             shall
             be
             vended
             .
          
           
             NOW
             supposing
             the
             Kingdom
             pays
             but
             
               Eight
            
             Pounds
             
               per
               Cent.
            
             in
             the
             return
             of
             Coin
             ,
             by
             this
             means
             
               Five
            
             Pounds
             
               per
               Cent.
            
             will
             be
             saved
             to
             the
             Nation
             ,
             should
             such
             Goods
             be
             sold
             only
             for
             the
             prime
             Cost
             ,
             which
             will
             cause
             a
             great
             Consumption
             of
             our
             Commodities
             ,
             and
             keep
             our
             Coin
             and
             Bullion
             at
             Home
             ;
             and
             it
             may
             highly
             discourage
             the
             common
             Enemy
             ,
             when
             it
             shall
             appear
             we
             make
             an
             Advantage
             in
             Trade
             by
             the
             War
             ,
             in
             vending
             our
             Commodities
             ,
             and
             preventing
             the
             Exportation
             of
             our
             Coin
             and
             Bullion
             .
          
           
           
             AND
             when
             the
             Re-Coining
             of
             the
             Monies
             shall
             be
             compleated
             ,
             Bullion
             may
             be
             permitted
             to
             rise
             and
             fall
             ,
             as
             at
             other
             times
             ,
             not
             exceeding
             the
             Money
             Coined
             ,
             by
             which
             means
             it
             will
             prevent
             the
             melting
             down
             of
             
               Cash
            
             by
             Work-men
             ,
             and
             the
             Exporting
             it
             into
             other
             Nations
             ;
             which
             will
             lower
             the
             Interest
             of
             Monies
             more
             effectually
             ,
             than
             any
             Bank
             whatsoever
             can
             do
             .
          
           
             NOW
             my
             Proposals
             being
             no
             further
             intended
             than
             for
             the
             Service
             and
             Benefit
             of
             the
             Kingdom
             in
             general
             ,
             by
             a
             Method
             of
             raising
             500000
             
               l.
               per
               Annum
               ,
            
             without
             laying
             a
             Tax
             upon
             the
             Subject
             ,
             and
             procuring
             them
             ready
             Monies
             to
             be
             paid
             upon
             all
             occasions
             in
             any
             part
             of
             the
             Kingdom
             :
             As
             also
             the
             saving
             of
             Monies
             in
             returning
             the
             KING's
             Tax
             ;
             and
             by
             how
             much
             ready
             Money
             in
             all
             Payments
             will
             be
             better
             and
             fairer
             in
             Dealings
             ,
             I
             humbly
             submit
             the
             consideration
             thereof
             to
             the
             great
             Wisdom
             of
             this
             Honourable
             House
             ,
             who
             may
             Order
             the
             KING's
             Money
             to
             be
             paid
             in
             such
             Methods
             as
             before
             Proposed
             ,
             which
             (
             as
             I
             humbly
             conceive
             )
             may
             Answer
             such
             Good
             Ends.
             
          
           
             
               These
               Proposals
               I
               intended
               to
               have
               presented
               to
               the
               last
               Session
               of
               Parliament
               ,
               but
               could
               not
               compleat
               them
               before
               the
               Prorogation
               .
            
          
           
             FINIS
             .
          
           
        
      
    
     
       
         Notes, typically marginal, from the original text
         
           Notes for div A27256-e10
           
             Imprimis
             .
          
           
             *
             For
             if
             any
             person
             shall
             adventure
             to
             Travel
             with
             Sums
             ,
             of
             
               Mony
               ,
            
             after
             having
             such
             Conveniencies
             provided
             for
             their
             so
             Safe
             and
             Easy
             ways
             of
             Remittances
             ;
             I
             Judge
             the
             Countryought
             not
             to
             be
             Liable
             to
             make
             good
             their
             
               Mome●●s
            
             Lost
             by
             Robberies
             after
             such
             Bold
             and
             Daring
             adventures
             .
          
           
             †
             My
             meaning
             is
             ,
             that
             all
             the
             
               Cash
            
             in
             General
             shall
             be
             Exchanged
             for
             New
             ,
             excepting
             such
             as
             shall
             appear
             to
             be
             
               Brass
            
             or
             
               Copper
               ,
            
             being
             the
             Profits
             arising
             from
             the
             
               Chambers
            
             will
             hear
             it
             ,
             for
             should
             it
             be
             otherwise
             Managed
             ,
             it
             may
             prove
             a
             Fatal
             consequence
             ,
             in
             almost
             Starving
             (
             if
             not
             entirely
             Undoing
             )
             a
             great
             Number
             of
             Poor
             Families
             throughout
             the
             
               Kingdom
               ;
            
             and
             it
             may
             prove
             a
             cause
             of
             great
             Desorders
             ,
             the
             greatest
             part
             of
             the
             
               Coin
            
             now
             going
             abroad
             ,
             is
             so
             generally
             Bad.
             
          
           
             *
             Which
             will
             occasion
             the
             Paying
             in
             of
             the
             Kings
             Revenues
             into
             the
             
               Exchequer
            
             with
             more
             Expedition
             by
             the
             Sub-Collectors
             ,
             being
             the
             first
             Charge
             laid
             upon
             the
             
               Moneys
            
             given
             His
             Majesty
             ,
             which
             will
             save
             the
             Government
             100000
             
               l.
               per
               Annum
               .
            
             so
             much
             more
             being
             now
             paid
             for
             Collection
             ;
             going
             through
             so
             many
             Hands
             .
          
           
             †
             I
             presume
             by
             modest
             Computation
             ,
             it
             will
             add
             a
             Third
             part
             more
             to
             the
             Incomes
             of
             the
             same
             .
          
           
             *
             For
             I
             clearly
             conceive
             ,
             both
             
               City
            
             and
             
               Country
            
             will
             Improve
             and
             Encourage
             such
             an
             Establishment
             ,
             as
             shall
             make
             
               Moneys
            
             Circulate
             upon
             all
             Occasions
             to
             their
             great
             advantage
             .
          
           
             †
             This
             will
             be
             a
             certain
             
               Fund
            
             for
             Credit
             ,
             and
             not
             a
             
               Bank
            
             of
             Credit
             ,
             as
             the
             
               Bank
            
             of
             
               England
            
             is
             ;
             from
             which
             I
             humbly
             conceive
             it
             will
             in
             no
             wife
             disoblige
             those
             Gentlemen
             concerned
             in
             that
             
               Bank
            
             already
             Established
             :
             For
             I
             really
             Imagine
             (
             that
             should
             not
             this
             Honourable
             House
             approve
             of
             my
             
               Proposals
            
             herein
             )
             yet
             my
             Labour
             will
             not
             be
             lost
             in
             furthering
             the
             Advantages
             of
             that
             so
             well
             Methodiz'd
             
               Bank.
               
            
          
           
             *
             Which
             
               Bullion
            
             may
             be
             Converted
             into
             
               Coin
            
             for
             His
             Majesty's
             present
             Occasion
             ,
             and
             the
             Profits
             arising
             by
             those
             
               Chambers
            
             may
             be
             sufficient
             to
             carry
             on
             the
             Work
             of
             
               Re-Coyning
            
             the
             Abused
             
               Cash
            
             of
             the
             Kingdom
             .
          
        
         
           Notes for div A27256-e3890
           
             Numb
             .
             (
             1.
             )
          
           
             Check
             
          
           
             Do
             no
             wrong
             to
             any
             Man.
             
          
           
             Numb
             .
             (
             1.
             )
          
           
             Numb
             .
             (
             1.
             )