A Supplement TO THE PROPOSALS For Supplying His MAJESTY with Twelve or Fourteen Millions of Money,( Or more, if Required,) For the Year MDCXCVII. Without Subscripsions, or Raising the present Taxes. WITH A SCHEME that Plainly Demonstrates the same.  
By A. D. of Greys-Inn, Esq;, and some Others his Friends.  
London, Printed for the Author, and Sold by Peter Parker at the Leg and Star over-against the Royal Exchange in cornhill, and John Waltho at the cloisters in the Temple, and John Gouge at the Castle in Westminster-Hall, Anno Domini MDCXCVII.   

'tis a Great Sum that His Majesty's present Necessities do now call aloud for: The nearest Estimate I can make, is not less than Twelve Millions. And if he pays off the Royal Bank, and will Redeem the Kingdoms Credit and theirs, the same will require very little( if any) less than Fourteen Millions; which is looked upon to and almost( if not altogether) twice as much Money as is in the whole Kingdom. And if the King be not supplied, we are sure to be Vassals to France; or if he have so much, as that little or none be left for the People, the Kingdom must sink and perish.  
This looks like an Extraordinary Extremity, but, in the Bottom, is no farther so, than as ourselves will make it, because we have enough of Moneys Worth; and the Old Maxim says, That no man is bare, who has Lands, Money, or the worth of it, because all is Convertible into Money; And therefore whilst we have any thing, we ought to defend it as we can best, which is, by giving part of such as we have, or can have, to save the rest: And to supply the King for that end, needs no more than this One Tax; And this will be most equal, because every one who has most, contributes the most towards it.  
Now no Tax seems to be so equal as that upon Malt; For the Land-Tax lies heavy on the Landlords, whilst many Rich tradesman, nay, the very Malsters themselves, and other Wealthy House-holders( that live upon their Personal Estates) go almost scotfree, and haue hitherto paid very little or Nothing to the Wars. And this Malt-Tax would not only be equal, but also easy, because it would be small and light upon the Rich, and the Poor will be eased thereby; and so Universal, as none will be able to evade the full of( or near) their Proportions; and tho it be small, yet it will( by that Universality) arise to a Fund sufficiently big, with what else is proposed, to raise Millions of Money enough to supply all the King's Occasions to the full, being paid off by Two Millions a Year. And if the Nation will but take their own Profits by Usury into their own hands, the War may thereby be continued to sink our Enemies, and the Land-Tax be for ever laid aside, save only one half thereof for the Year 1697.  
All which is very easy to be accomplished by the following Means, VIZ.  

1st, By Establishing a true National Universal Credit throughout every part of the Kingdom, inherent in the Parliament; Because no Credit in particular hands can be so Universally Acceptable, Safe, Convenient or Profitable to the Nation, which privat● Banks have greatly dishonoured.  
2dly, By transferring the Present Excises upon Beer and Ale into a less Duty upon Malt, which yet will produce more than five times the Yearly quantity of money to His Majesty than these Excises amount to; and that with a great deal more Ease and Equality to the Subjects, and half the Charge saved in Collecting.   
The Methods whereof, and the Advantages whereby, are set forth( by plain Demonstration) in the following Scheme.  

A Scheme of most easy Demonstration, to Raise for His Majesty Twelve or Fourteen Millions of Money( or more, if desired) for the Year 1697. without Subscripsions, or Advancing the present Taxes.    s. d. THree Bushels of Malt make a Barrel of Strong Beer, the Excises whereof are 4 9 One Barrel of Small Beer comes off from the same, whose Excises are 1 3 So as three Bushels of Malt( now paying 2 s. per Bushel Excise) makes it up Six Shilling 6 0  
A Gentleman of 500 l. per Ann. now pays,( or ought to pay) by the 4 s. in the Pound Tax 100 l. 100   He is supposed to Expend 25 Hogsheads of Strong Beer per Ann. to which is allowed Six Bushels of Malt per Hogshead, in favour of the account to the Landed Gentry, tho' 'tis not often that more than Five Bushels are afforded; but at Six Bushels per Hogshd it comes to no more than 150 Bushels; which at Twenty pence per Bushel, his whole Years Tax will come to but Twelve Pounds ten Shillings. Because 25 Hogsheads of Small Beer( or more) will come off from the same, for the Use of his Family. 12 10 So as in lieu of One Hundred Pounds he now pays for his Land Tax, he shall then pay no more than Twelve Pounds Ten Shillings for his Malt Tax, whereby he will be a Saver per Annum of Eighty-seven Pounds and Ten Shillings. 87 10  
There are divers Estimates of the Quantity of Malt, made Yearly in England, but most Men do believe that laborious Computation to be nearest the Truth, which says, Eight Pence per Bushel will raise per Ann. Two Millons One Hundred Thousand Pounds. 2.100.000 Wherefore, if a Duty of 20 d. per Bushel be laid thereon, the same will be less by 4 d. on the Bushel,( or 12 d. on the Barrel of Beer) than the Brewers now pay; and yet that easy Tax( if the quantity of Malt be right guessed at, of which there is almost as plain Demonstration, as of any thing in the World) will raise for the KING per ann. Five Millions Two Hundred and Fifty Thousand Pounds. 5.250.000 If there be allowed for the present Excises( which is supposed to be the utmost those yield) Nine Hundred and Fifty Thousand Pounds per annum. 950.000 This Universal Excise of 20 d. per Bushel amounts to more than the present Excises of 2 s. per Bushel( as it is now laid) by Four Millions and Three Hundred Thousand Pounds per annum. 4.300.000 If for the Charge in Collecting be allowed per annum Two Hundred Thousand Pounds, 200.000 There will remain neat from the several Offices for the Service of the Nation Four Millions and One Hundred Thousand Pounds for the Year 1697. 4.100.000 Whereunto adding one half of the Neat Money of 4 s. for the Land Tax for that Year 1697. the same will be at 2 s. per Pound about Nine Hundred Thousand Pds. 900.000 Here will be collected in the Year 1697. in Neat Cash, of milled Money and Guineas, Five Millions. 5.000.000 If there be paid out of this, to discharge Bills for the Year 1697. Two Millions, 2.000.000 There will remain a Reserve at the end of the Year 1697. for a Collateral Security, and to pay those that want Cash, to answer Foreign Demands, and to put Bills in Circulation at 3 per Cent Interest, on Mortgages and other Securities, Three Millions. 3.000.000 Admitting the Malt Tax in the Year 1698. to raise the like sum, as in the Year 1697. 4.100.000 And deducting from thence another 2 Mill. 2.000.000 2.100.000 There will be at the end of the Year 1698. a Stock remaining in Reserve, for Collateral Security, and to pay Cash in specie on Foreign Occasions, and to Circulate Bills as aforesaid, of Five Millions and One Hundred Thousand Pounds, towards the Defraying the Charge of the Wars for that Year, if it continues. 5.100.000 And for a Help thereunto, will be the Profits from the Offices of that Year 1698 entire, together with some Effects that may be expected from thence in the Year 1697. if the same shall be settled by Midsummer, or Michaelmas next, and Mortgages come in, and Money lent on those and on Lombards, and other good Securities, at 3 per Cent, the clear Profits by Christmas, 1698. or by Lady-day following, being one Year and a half, may be hoped( besides the Charges of managing the same) to exceed Six Millions. 6.000.000 So as there will be a Stock, ready collected for the Service of the Kingdom, for the Year 1698. Eleven Millions and One Hundred Thousand Pounds. 11.100.000  
And there will( yet) arise a further Help from the Funds, that shall have cleared aforesaid their Anticipations.  
Here is like to be Money enough to pay the Charge of the Nation in the Year 1698, and a great deal to spare, to Circulate Bills, and in the Sessions that Year, the Parliament will see more clearly what Measures to take for the Year 1699. than can now be foretold; and if the Profits on these Bills shall answer the present Prospect, neither this, nor any other Tax will need long to continue.  
But in the mean time here will be enough every day coming in, to remove that sore Oppression, so bitterly groaned under, the Tax upon untenanted Houses, which the lowering of Rents cannot mend whilst the People have no Trade to subsist by, but which the Methods herein proposed will suddenly revive to Admiration and Wonder.  
Hitherto is set forth what may be expected from the Malt Tax, and the Offices of Credit from the beginning of the Year 1697. to the end of the Year 1698. the same being a Ground-Work for what shall here follow, Viz.  
That how many Millions soever the Parliament shall think fit to give unto His Majesty for the Year 1697. the same may be paid off by Two Millions per Annum, according to the Methods aforesaid, for which, Orders may be drawn by the Lords of the Treasury on the ●… ead Office in London; from whence may( accordingly) issue Bills for the whole Money, given by Parliament for that Years Service, to be paid off by these Two Millions per Annum, as the Cash shall come into the Offices, according to the Priority of the Number of every Bill, and the the Contents of the Draughts from the Lords of the Treasury, to be distributed by Directions from the Respective particular Treasurers of the Army, Navy, Ordnance, &c. to every individual Person concerned therein; regard being had to the like Priority of Numbers of those Bills in like manner: And that in the mean time the Money comes in, all these Bills shall pass current from Man to Man for the Sums expressed in 'em, as for so much Money in Coin.  
And if the Royal Bank shall be pleased to accept of their money, and the Interest due thereupon; nay, and also if they please to transfer their Securities, and that his Majesties Pleasure shall be such, the said Lords Commissioners may give unto them the first Bills, or one half, or one Third thereof, as can best be agreed on, to be paid off in New money and Guinies( provided they so pay others) that shall first come in from the Taxes, which 'tis hoped they will not refuse( barely for the Lucre of that Extraordinary Interest of 8 l. 6 s. 8 d. per cent. considering the present Distresses of the Nation. And the Persons indebted, who shall be concerned in Transferring of these Securities, will mightily rejoice in having their Interest reduced to 3 per cent. by the Kindness of the Government.  
I come now to a few words more to the Nobles and Landed Gentlemen, viz It is proved before, that Twelve pounds ten shillings per annum Extraordinary Charge on their Beer, will save 100 l. of the Land-Tax; wherein is further to be observed, viz.  
That the said 12 l. 10 s. is One Years full Quota for that Gentleman of 500 l. per annum, to pay towards the raising for his Majesty Five Millions Two Hundred and Fifty Thousand Pounds 5250000 And in the Land Tax his Years Quota of 100 l. raises no more than Two Millions 2000,000  
Which gives Demonstration that the Landlords in the country will be savers, manifold over.  
For if 100 l. raises but Two Millions 100 l. 2000000 Twelve Pounds ten shillings ( pro Rato) ought to raise no more than Two Hundred and Fifty Thousand Pounds 12 l. 10 s. 250000  
Now if that Twelve Pounds Ten shillings, the Proportion whereof is to raise no more than Two Hundred and Fifty Thousand Pounds, per Annum, does raise 5 Millions and 250 thousand pounds, then it does so many sold over the Service of a Land-Tax to the Landed Gentleman of 500 l a year, as may be astonishing until the same shall be demonstrated by Arithmetical Operation.  
Two Doubts( and no more) can be made in this Scheme; the one is in the Quantity of the Malt; the other in the Profits by the Usury of the Nation; both which are hoped( the one with the other) so will make up, as not to fall short, tho none can be positive in things of this Nature. But whatsoever shall occur, the next Sessions of Parliament will see things more clear, and Regulate what shall be necessary, and continue from Sessions to Sessions to make all needful Rectifications.  
FINIS.