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law_n call_v great_a king_n 6,950 5 3.6516 3 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A34867 Wealth discovered: or, An essay upon a late expedient for taking away all impositions and raising a revenue without taxes. Published, and presented to his most excellent Majesty, King Charles the II. By F.C. a lover of his countrey. Whereunto is added his Majesties gracious order. Cradocke, Francis, d. 1670? 1661 (1661) Wing C6743; ESTC R213227 47,283 54

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attainable_a by_o the_o establish_n of_o bank_n there_o be_v one_o more_o in_o particular_a that_o will_v prove_v very_o accommodatious_a to_o his_o royal_a majesty_n upon_o any_o occasion_n of_o want_n of_o money_n either_o in_o his_o own_o kingdom_n or_o abroad_o in_o foreign_a part_n for_o by_o the_o help_n of_o those_o bank_n and_o upon_o the_o credit_n of_o so_o great_a a_o revenue_n as_o two_o million_o yearly_a his_o majesty_n sure_o can_v want_v credit_n at_o any_o time_n either_o at_o home_n or_o abroad_o for_o a_o million_o or_o more_o in_o case_n of_o necessity_n for_o he_o as_o well_o as_o other_o may_v either_o draw_v remit_v or_o accept_v bill_n and_o pay_v they_o out_o of_o such_o money_n as_o will_v be_v receive_v for_o interest_n in_o bank_n and_o sure_o all_o rational_a person_n must_v esteem_v of_o bill_n so_o accept_v by_o his_o majesty_n or_o those_o his_o commissioner_n before_o speak_v of_o to_o govern_v his_o bank_n to_o be_v as_o good_a sure_a and_o certain_a 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stone_n of_o salt_n in_o guinney_n shell_n in_o pegue_n leather_n in_o new_a spain_n cacao_n in_o peru_n coco_n in_o new_a spain_n at_o another_o time_n cacao_n and_o silver_n and_o copper_n and_o silver_n in_o old_a spain_n and_o in_o the_o same_o place_n we_o read_v of_o pepper_n and_o parchment_n at_o some_o time_n make_v current_n to_o answer_v exchange_n as_o in_o a_o siege_n or_o the_o like_a for_o want_v of_o sufficient_a of_o the_o aforesaid_a money_n yet_o by_o all_o these_o several_a and_o invaluable_a sort_n of_o coin_n each_o person_n hold_v his_o due_a propriety_n and_o trade_n stand_v there_o govern_v under_o a_o good_a decorum_n for_o their_o manner_n be_v and_o in_o many_o place_n be_v to_o this_o day_n that_o any_o man_n may_v have_v as_o much_o of_o that_o coin_n as_o he_o need_v to_o live_v by_o not_o exceed_v the_o proportion_n of_o good_n which_o he_o be_v owner_n of_o which_o make_v either_o of_o those_o coin_n as_o valuable_a as_o the_o thing_n themselves_o or_o as_o the_o product_n thereof_o in_o money_n and_o be_v no_o other_o but_o a_o kind_n of_o bank_n whereby_o the_o owner_n be_v supply_v by_o imaginary_a money_n the_o which_o whosoever_o take_v be_v excuse_v by_o the_o pledge_n and_o so_o the_o next_o and_o the_o next_o in_o infinitum_fw-la and_o no_o man_n hurt_v or_o at_o any_o inconvenience_n for_o want_n of_o money_n for_o this_o be_v current_a as_o well_o because_o of_o the_o sovereign_n law_n and_o value_n of_o the_o deposite_n as_o if_o he_o have_v money_n he_o can_v do_v no_o more_o with_o it_o then_o with_o this_o for_o he_o can_v not_o eat_v money_n nor_o can_v he_o eat_v this_o money_n be_v but_o currant_n and_o so_o be_v this_o so_o that_o you_o see_v those_o coin_n or_o stamp_n of_o sovereignty_n be_v original_o ordain_v for_o no_o other_o end_n then_o to_o serve_v as_o now_o they_o do_v for_o a_o common_a measure_n of_o all_o thing_n and_o time_n that_o great_a grandfather_n of_o invention_n have_v find_v by_o experience_n 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security_n of_o jewel_n good_n and_o land_n may_v pass_v in_o payment_n from_o one_o kingdom_n country_n place_n or_o person_n to_o another_o and_o be_v esteem_v of_o as_o good_a a_o value_n and_o acceptable_a as_o gold_n and_o silver_n 2._o i_o presume_v it_o be_v know_v to_o most_o how_o usual_a a_o thing_n it_o be_v for_o a_o person_n indebt_v to_o make_v over_o a_o debt_n due_a to_o he_o for_o satisfaction_n of_o a_o three_o person_n which_o be_v accept_v be_v ofttimes_o transfer_v in_o like_a manner_n to_o a_o four_o for_o a_o debt_n due_a by_o the_o first_o assignee_n and_o so_o on_o before_o any_o money_n be_v either_o tell_v or_o receive_v so_o that_o in_o a_o short_a time_n all_o be_v accommodate_v by_o transfer_v the_o credit_n or_o ownership_n of_o the_o money_n only_o and_o three_o of_o the_o four_o person_n excuse_v from_o twice_o tell_v over_o receive_v and_o pay_v the_o same_o to_o and_o from_o each_o other_o the_o consideration_n whereof_o together_o with_o the_o many_o 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any_o other_o all_o these_o benefit_n and_o advantage_n be_v so_o plain_a to_o be_v understand_v that_o i_o need_v not_o give_v any_o further_a illustration_n or_o proof_n on_o the_o particular_n which_o with_o other_o accommodation_n by_o introduce_v so_o much_o current_a credit_n will_v make_v all_o sum_n of_o money_n to_o be_v pay_v above_o ten_o pound_n so_o great_a a_o seeker_n to_o be_v turn_v into_o bank_n credit_n that_o i_o presume_v when_o these_o convenience_n be_v approve_v money_n will_v not_o be_v as_o acceptable_a in_o payment_n as_o credit_n till_o so_o convert_v so_o that_o by_o consequence_n he_o that_o want_v money_n for_o any_o such_o use_n as_o aforesaid_a or_o for_o any_o other_o use_n or_o accommodation_n whatsoever_o have_v credit_n in_o bank_n or_o something_o that_o may_v obtain_v credit_n there_o without_o which_o neither_o money_n nor_o aught_o else_o of_o value_n will_v be_v have_v he_o may_v at_o pleasure_n truck_v or_o barter_v the_o same_o for_o money_n 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may_v take_v out_o their_o money_n at_o pleasure_n which_o in_o the_o bank_n here_o premise_v they_o can_v do_v since_o no_o money_n be_v intend_v shall_v be_v bring_v into_o bank_n to_o which_o i_o answer_v let_v such_o but_o consider_v that_o where_o money_n be_v a_o commodity_n it_o be_v export_v import_v and_o transport_v at_o pleasure_n which_o together_o with_o the_o decline_a in_o trade_n by_o some_o and_o the_o increase_a the_o stock_n of_o other_o be_v the_o great_a cause_n of_o the_o take_v out_o money_n and_o the_o pay_v it_o into_o bank_n for_o be_v it_o not_o for_o those_o reason_n it_o be_v the_o same_o thing_n if_o in_o holland_n a_o law_n be_v make_v that_o no_o person_n shall_v take_v his_o money_n out_o of_o bank_n so_o he_o still_o continue_v the_o same_o trade_n without_o export_v it_o and_o a_o man_n may_v as_o well_o there_o by_o the_o same_o rule_n procure_v money_n for_o credit_n in_o bank_n since_o all_o man_n will_v exchange_v for_o the_o better_a with_o 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and_o if_o brass_n that_o have_v no_o intrinsic_a value_n will_v by_o virtue_n only_o of_o the_o sovereign_n law_n and_o inscription_n procure_v gold_n i_o hope_v it_o will_v be_v grant_v that_o credit_n in_o bank_n which_o be_v as_o real_o good_a security_n as_o the_o best_a gold_n may_v when_o make_v also_o current_a and_o establish_v by_o law_n obtain_v silver_n or_o what_o else_o be_v necessary_a for_o the_o use_n of_o man_n yet_o some_o may_v further_o object_v that_o the_o make_n of_o bank_n credit_n current_n in_o payment_n will_v be_v a_o obstruction_n in_o trade_n as_o in_o case_n where_o a_o person_n come_v to_o buy_v with_o it_o of_o another_o that_o will_v have_v money_n for_o his_o commodity_n either_o out_o of_o fancy_n or_o necessity_n to_o who_o i_o answer_v that_o this_o be_v no_o other_o but_o like_o he_o that_o refuse_v a_o good_a rate_n for_o his_o commodity_n because_o tender_v he_o in_o gold_n not_o so_o proper_a to_o pay_v for_o pint_n of_o wine_n and_o flagon_n 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obtain_v any_o sum_n of_o money_n in_o specie_fw-la at_o 5_o per_fw-la cent_n more_o and_o also_o to_o have_v lay_v down_o a_o method_n for_o the_o correspondence_n of_o all_o great_a and_o petty_a bank_n and_o each_o of_o they_o one_o with_o the_o other_o but_o i_o fear_v i_o have_v be_v too_o large_a already_o and_o doubt_v not_o but_o those_o will_v appear_v so_o plain_a and_o easy_a especial_o to_o man_n of_o business_n that_o they_o will_v be_v well_o understand_v without_o it_o 5._o the_o next_o great_a objection_n i_o expect_v be_v that_o these_o bank_n can_v be_v establish_v but_o by_o a_o register_n which_o in_o parliament_n will_v never_o be_v assent_v to_o for_o that_o divers_a gentleman_n and_o other_o may_v be_v unwilling_a to_o have_v their_o estate_n discover_v some_o perhaps_o that_o other_o shall_v not_o know_v what_o they_o have_v and_o other_o to_o seem_v to_o have_v what_o they_o have_v not_o which_o may_v on_o either_o hand_n be_v allege_v will_v prove_v prejudicial_a although_o i_o be_o no_o stranger_n in_o the_o court_n of_o civil_a law_n common_a law_n and_o chancery_n in_o some_o or_o all_o of_o which_o i_o have_v now_o serve_v a_o apprenticeship_n yet_o be_o no_o proficient_a in_o either_o my_o great_a study_n have_v be_v only_o how_o to_o get_v out_o and_o therefore_o error_n in_o term_n of_o law_n i_o hope_v may_v be_v excuse_v and_o notwithstanding_o i_o have_v make_v the_o register_n of_o all_o estate_n to_o be_v a_o foundation_n of_o infallible_a security_n and_o credit_n in_o these_o bank_n yet_o i_o be_o of_o opinion_n and_o bold_a to_o affirm_v that_o these_o bank_n may_v be_v erect_v and_o carry_v on_o to_o very_o great_a profit_n advantage_n and_o accommodation_n without_o it_o and_o his_o majesty_n make_v as_o great_a a_o benefit_n thereof_o as_o be_v at_o present_a make_v by_o all_o money_n let_v out_o at_o interest_n in_o this_o kingdom_n the_o differ_a rate_n of_o interest_n only_o consider_v for_o i_o submit_v that_o if_o banks_n be_v establish_v in_o manner_n as_o aforesaid_a without_o the_o register_n estate_n and_o his_o majesty_n shall_v at_o every_o bank_n maintain_v a_o able_a council_n at_o law_n which_o out_o of_o so_o great_a a_o revenue_n will_v be_v but_o a_o inconsiderable_a charge_n to_o examine_v all_o man_n deed_n write_n and_o conveyance_n of_o estate_n which_o they_o shall_v at_o any_o time_n bring_v to_o deposit_v by_o way_n of_o mortgage_n to_o the_o bank_n whether_o may_v not_o such_o security_n prove_v as_o good_a and_o valuable_a as_o what_o be_v at_o present_a take_v by_o usurer_n scrivener_n and_o broker_n who_o sometime_o meet_v with_o a_o bad_a title_n as_o peradventure_o his_o majesty_n then_o also_o may_v which_o nevertheless_o will_v prove_v something_o better_o by_o so_o much_o as_o all_o debt_n to_o the_o king_n will_v be_v first_o satisfy_v but_o this_o though_o it_o will_v be_v make_v out_o upon_o reasonable_a ground_n yet_o be_v not_o so_o proper_a to_o my_o present_a purpose_n to_o the_o objection_n i_o be_o of_o opinion_n that_o suit_n plea_n bill_n plaint_n etc._n etc._n about_o title_n of_o land_n and_o other_o real_a estate_n be_v so_o many_o i_o take_v this_o to_o be_v one_o main_a reason_n viz._n that_o any_o man_n may_v sell_v and_o dispose_v of_o his_o estate_n in_o private_a to_o another_o without_o notice_n take_v by_o some_o public_a register_n to_o be_v enrol_v for_o information_n of_o those_o that_o may_v have_v occasion_n at_o any_o time_n to_o be_v satisfy_v of_o all_o encumbrance_n thereupon_o by_o which_o mean_v it_o so_o often_o fall_v out_o that_o some_o estate_n be_v sell_v mortgage_v and_o make_v away_o several_a time_n to_o several_a person_n when_o in_o truth_n but_o only_o one_o ought_v to_o buy_v it_o and_o no_o more_o than_o one_o at_o once_o can_v enjoy_v it_o though_o divers_a may_v at_o the_o same_o time_n pretend_v as_o many_o title_n as_o they_o please_v so_o little_a truth_n and_o great_a danger_n be_v there_o in_o pocket_n conveyance_n that_o i_o have_v be_v inform_v by_o a_o gentleman_n of_o credit_n how_o he_o late_o arrest_v a_o person_n then_o repute_v to_o be_v of_o good_a worth_n in_o london_n who_o estate_n in_o land_n be_v suppose_v considerable_a but_o be_v once_o in_o the_o fleet_n his_o creditor_n all_o come_v in_o against_o he_o and_o by_o sue_v forth_o a_o statute_n of_o bankrupt_a much_o of_o his_o land_n prove_v to_o be_v mortgage_v several_a time_n and_o so_o often_o that_o the_o gentleman_n my_o informant_n acknowledge_v a_o mortgage_n of_o he_o to_o be_v the_o seventeen_o there_o be_v sixteen_o make_v of_o the_o land_n before_o to_o other_o person_n and_o hence_o it_o come_v to_o pass_v that_o the_o great_a lawyer_n or_o wise_a man_n live_v can_v assure_v either_o to_o himself_o or_o any_o other_o that_o he_o shall_v purchase_v a_o good_a title_n so_o many_o way_n be_v there_o for_o private_a cheat_n flaw_n and_o error_n in_o deed_n and_o conveyance_n be_v no_o less_o common_a and_o all_o estate_n when_o once_o in_o controversy_n either_o in_o possession_n or_o reversion_n by_o lease_n in_o fee_n or_o in_o tail_n be_v but_o simple_a remainder_n for_o lawyer_n to_o live_v upon_o and_o that_o this_o be_v true_a i_o shall_v give_v you_o one_o or_o two_o instance_n suppose_v a_o person_n be_v about_o to_o buy_v a_o estate_n in_o fee_n shall_v first_o go_v to_o the_o most_o able_a council_n for_o advise_v with_o a_o resolution_n that_o if_o he_o may_v not_o be_v sure_a of_o a_o good_a title_n he_o will_v not_o part_v with_o his_o money_n upon_o the_o purchase_n in_o this_o case_n i_o affirm_v that_o no_o council_n live_a can_v give_v satisfaction_n or_o in_o truth_n any_o encouragement_n whereby_o the_o person_n may_v confide_v in_o the_o certainty_n of_o the_o title_n for_o as_o long_o as_o the_o person_n sell_v the_o land_n and_o also_o his_o ancestor_n may_v preconvey_v the_o same_o by_o lease_n to_o any_o other_o to_o commence_v any_o time_n after_o the_o death_n of_o either_o how_o then_o can_v any_o man_n be_v sure_a of_o a_o good_a title_n true_a it_o be_v that_o council_n be_v good_a to_o advise_v about_o what_o deed_n or_o coveyance_n be_v show_v and_o upon_o those_o they_o be_v best_a able_a to_o distinguish_v what_o estate_n may_v legal_o pass_v and_o what_o not_o and_o be_v also_o able_a to_o draw_v up_o covenant_n bind_v to_o either_o party_n but_o how_o this_o can_v amount_v to_o a_o infallible_a title_n i_o know_v not_o conceive_v it_o rather_o signify_v in_o the_o general_a that_o a_o man_n be_v better_a to_o buy_v land_n of_o a_o rich_a man_n then_o of_o a_o poor_a and_o of_o a_o honest_a man_n before_o a_o knave_n for_o i_o conceive_v it_o be_v more_o the_o warranty_n and_o security_n of_o the_o person_n than_o the_o title_n or_o interest_n pretend_v that_o come_v near_a the_o best_a security_n since_o both_o seller_n and_o buyer_n may_v be_v deceive_v notwithstanding_o the_o best_a provision_n in_o law_n yet_o make_v for_o prevention_n the_o like_v it_o be_v in_o case_n of_o a_o estate_n buy_v of_o a_o executor_n or_o administrator_n which_o be_v give_v by_o will_n of_o the_o testator_n and_o the_o will_v conceal_v when_o it_o come_v afterward_o to_o be_v discover_v and_o prove_v which_o may_v be_v any_o time_n in_o ten_o year_n and_o without_o limitation_n in_o case_n the_o executor_n or_o principal_a legatee_n be_v either_o a_o minor_a or_o beyond_o the_o sea_n the_o administration_n by_o a_o appeal_n in_o court_n of_o delegate_n may_v be_v make_v void_a ab_fw-la initio_fw-la so_o that_o all_o sales_n and_o conveyance_n make_v of_o that_o estate_n upon_o the_o first_o administration_n be_v in_o law_n to_o be_v avoid_v and_o such_o also_o in_o equity_n that_o be_v not_o make_v bona_fw-la fide_fw-la for_o the_o discharge_n the_o testator_n just_a debt_n and_o funeral_n right_n and_o the_o person_n who_o right_a it_o be_v by_o will_n be_v no_o way_n bind_v to_o consider_v the_o purchasor_n though_o purchase_v for_o a_o valuable_a consideration_n but_o he_o be_v leave_v to_o repair_v himself_o at_o law_n or_o equity_n upon_o the_o warranty_n of_o his_o deed_n on_o the_o first_o executor_n or_o administrator_n who_o if_o have_v commit_v waste_v as_o usual_o they_o do_v know_v the_o way_n to_o the_o king_n bench_n or_o into_o some_o other_o country_n or_o place_n of_o obscurity_n and_o how_o those_o case_n with_o a_o thousand_o other_o of_o like_a nature_n can_v be_v foresee_v or_o other_o way_n prevent_v then_o by_o a_o county_n register_n i_o never_o can_v yet_o understand_v beside_o these_o be_v not_o the_o only_a prevention_n or_o benefit_n by_o a_o county_n register_n for_o of_o all_o man_n that_o be_v i_o think_v most_o be_v concern_v some_o way_n or_o other_o in_o or_o