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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n amount_v parcel_n waist_n 78 3 16.1148 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A06786 Consuetudo, vel lex mercatoria, or The ancient law-merchant Diuided into three parts: according to the essentiall parts of trafficke. Necessarie for all statesmen, iudges, magistrates, temporall and ciuile lawyers, mint-men, merchants, marriners, and all others negotiating in all places of the world. By Gerard Malynes merchant. Malynes, Gerard, fl. 1586-1641. 1622 (1622) STC 17222; ESTC S114044 480,269 516

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as_o for_o the_o erect_n of_o school_n and_o university_n maintenance_n of_o the_o poor_a and_o of_o widow_n and_o orphan_n reparation_n of_o church_n and_o highway_n and_o ditch_n for_o the_o plantation_n of_o collonye_n of_o people_n in_o other_o country_n and_o build_v of_o town_n and_o castle_n for_o their_o maintenance_n as_o also_o to_o erect_v pawne-house_n to_o supply_v the_o necessity_n of_o the_o mechanical_a poor_a suppress_v intolerable_a usury_n whereof_o we_o shall_v entreat_v in_o the_o second_o part_n of_o this_o book_n concern_v money_n the_o etymology_n of_o the_o word_n lotarie_a be_v derive_v from_o the_o word_n lot_n and_o albeit_o all_o lotary_n be_v thing_n casual_a in_o respect_n of_o man_n to_o who_o the_o lot_n fall_v yet_o in_o regard_n of_o the_o providence_n of_o god_n they_o be_v certain_a in_o effect_n by_o the_o say_v divine_a dispose_n of_o the_o lot_n insomuch_o that_o howsoever_o the_o word_n fortune_n chance_n fate_n destiny_n and_o casualty_n be_v borrow_v from_o the_o heathen_n it_o can_v be_v deny_v but_o that_o respect_v the_o effect_n and_o operation_n of_o god_n towards_o man_n they_o be_v proper_a distinction_n of_o god_n divine_a providence_n and_o hence_o arise_v the_o proverb_n nemo_fw-la sva_fw-la sort_n contentus_fw-la vivit_fw-la *_o ⁎_o *_o chap._n xlii_o of_o association_n monopoly_n engrossing_n and_o forestallings_n association_n be_v twofold_a the_o one_o be_v do_v by_o public_a authority_n of_o prince_n or_o state_n upon_o grant_n make_v by_o letter_n patent_n which_o be_v proper_o call_v society_n as_o the_o company_n of_o merchant_n adventurer_n adventurer_n society_n of_o the_o merchant_n adventurer_n which_o be_v of_o 400_o year_n stand_v or_o thereabouts_o reckon_v from_o the_o year_n 1248_o when_o the_o say_v merchant_n obtain_v privilege_n of_o john_n duke_n of_o brabant_n and_o be_v call_v the_o brotherhood_n of_o saint_n thomas_n becket_n of_o canturburie_n which_o be_v confirm_v by_o king_n edward_n 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contract_n partnership_n by_o contract_n join_v themselves_o together_o for_o to_o deal_v and_o trade_n either_o for_o year_n or_o voyage_n and_o this_o be_v proper_o call_v partnership_n where_o one_o man_n do_v adventure_v a_o thousand_o pound_n another_o five_o hundred_o pound_n another_o three_o hundred_o pound_n and_o another_o four_o hundred_o pound_n more_o or_o less_o as_o they_o agree_v among_o themselves_o to_o make_v a_o stock_n every_o man_n to_o have_v his_o profit_n or_o to_o bear_v loss_n and_o adventure_n according_a to_o their_o several_a stock_n in_o one_o or_o many_o voyage_n for_o one_o or_o more_o year_n beside_o the_o money_n take_v up_o at_o use_n to_o trade_n withal_o proportionable_o according_a to_o the_o rate_n of_o their_o stock_n by_o part_n and_o portion_n to_o be_v divide_v into_o so_o many_o part_n as_o they_o agree_v wherein_o the_o condition_n be_v diverse_a which_o must_v be_v observe_v true_o and_o the_o account_v according_o otherwise_o all_o will_v run_v into_o a_o labyrinth_n and_o confusion_n and_o by_o the_o common_a law_n one_o partner_n can_v proceed_v against_o another_o and_o in_o chancery_n the_o suit_n may_v be_v prolong_v for_o the_o life_n of_o a_o man_n unless_o the_o law-merchant_n be_v better_o understand_v and_o the_o auditor_n office_n be_v enable_v to_o end_v these_o business_n with_o brevity_n and_o expedition_n there_o be_v another_o branch_n of_o this_o manner_n of_o partnership_n employment_n partnership_n by_o employment_n which_o come_v to_o pass_v when_o factor_n beyond_o the_o sea_n deal_v for_o diverse_a merchant_n will_v sometime_o make_v employment_n of_o several_a man_n money_n in_o one_o kind_n of_o commodity_n to_o be_v divide_v among_o they_o here_o one_o may_v become_v a_o partner_n unaware_o and_o unknown_a as_o of_o late_o i_o know_v the_o like_a do_v happen_v in_o a_o great_a bargain_n of_o tobacco_n whereupon_o all_o the_o partner_n be_v seven_o in_o number_n be_v fall_v out_o and_o diverse_a 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that_o every_o creditor_n may_v have_v his_o debtor_n it_o seem_v that_o william_n summer_n be_v a_o jester_n to_o king_n henry_n the_o eight_o have_v some_o insight_n in_o this_o manner_n of_o account_n for_o when_o the_o king_n tell_v he_o that_o he_o have_v deliver_v a_o good_a sum_n of_o money_n unto_o a_o gentleman_n a_o follower_n of_o he_o summer_n answer_v that_o for_o do_v so_o he_o have_v note_v in_o his_o book_n that_o the_o king_n be_v a_o fool_n give_v his_o reason_n for_o it_o because_o the_o gentleman_n will_v never_o return_v back_o again_o and_o that_o the_o king_n be_v cozen_v but_o the_o king_n ask_v of_o summer_n what_o he_o will_v do_v in_o case_n the_o gentleman_n do_v return_v with_o the_o money_n whereupon_o summer_n answer_v then_o i_o will_v put_v he_o in_o my_o book_n for_o a_o fool_n and_o put_v you_o out_o sic_fw-la nugae_fw-la seria_fw-la ducunt_fw-la to_o return_v to_o our_o young_a merchant_n by_o this_o time_n he_o have_v take_v a_o inventory_n of_o 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colour_n clothes_n amount_v in_o all_o to_o 870_o will_v journal_n enter_v of_o parcel_n in_o the_o journal_n which_o he_o pay_v in_o ready_a money_n and_o all_o these_o commodity_n he_o do_v enter_v into_o his_o journal_n in_o one_o parcel_n make_v the_o say_a magazine_n debtor_n for_o all_o and_o his_o cash_n creditor_n because_o the_o say_a cash_n be_v make_v debtor_n for_o the_o money_n of_o one_o thousand_o pound_n ●hem_n for_o commodity_n buy_v and_o money_n pay_v for_o ●hem_n as_o you_o see_v before_o and_o now_o be_v make_v eight_o hundred_o and_o seventie_o pound_n creditor_n there_o be_v but_o one_o hundred_o and_o thirty_o pound_n more_o remain_v in_o cash_n the_o rest_n be_v in_o commodity_n discharge_v for_o money_n receive_v and_o a_o debtor_n partly_o discharge_v by_o this_o time_n b.m._n the_o mercer_n who_o owe_v three_o hundred_o pound_n pay_v a_o hundred_o pound_n of_o it_o now_o cash_n be_v make_v debtor_n for_o that_o one_o hundred_o pound_n and_o b.m._n be_v make_v creditor_n for_o the_o same_o so_o he_o owe_v now_o but_o two_o hundred_o pound_n and_o there_o be_v now_o in_o cash_n two_o hundred_o and_o thirty_o pound_n wealth_n substantial_a wealth_n the_o three_o existant_fw-la parcel_n by_o themselves_o for_o the_o land_n lease_n and_o the_o plate_n and_o household_n stuff_n remain_v still_o in_o the_o book_n untouched_a the_o merchant_n begin_v to_o ship_v his_o commodity_n and_o send_v his_o hundred_o white_a clothes_n for_o hamborough_n to_o a_o factor_n or_o his_o servant_n and_o pay_v the_o king_n custom_n and_o all_o charge_n concern_v the_o same_o and_o now_o he_o frame_v a_o account_n of_o those_o clothes_n intitul_a the_o same_o voyage_n to_o hamborough_n hamborough_n account_n for_o voyage_n for_o hamborough_n or_o clothes_n send_v to_o hamborough_n do_v owe_v unto_o the_o magazine_n one_o thousand_o and_o two_o hundred_o pound_n for_o one_o hundred_v white_a clothes_n send_v for_o my_o account_n to_o such_o a_o man_n in_o such_o ship_n etc._n etc._n charge_n money_o pay_v for_o custom_n and_o charge_n then_o he_o do_v charge_v this_o account_n of_o clothes_n with_o the_o custom_n and_o charge_n he_o pay_v clothes_n send_v to_o hamborough_n do_v owe_v unto_o cash_n sixty_o pound_n for_o custom_n and_o charge_n pay_v for_o the_o same_o as_o in_o the_o memorial_n book_n appear_v for_o seville_a in_o spain_n he_o send_v the_o hundred_o piece_n of_o perpetuanoes_n which_o he_o buy_v spain_n voyage_n for_o spain_n and_o fifty_o piece_n of_o bay_n and_o twenty_o father_n of_o lead_n which_o do_v cost_v he_o 670_o will_v and_o the_o charge_n custom_n and_o imposition_n be_v fifty_o pound_n in_o toto_fw-la for_o lixborne_v in_o portugal_n he_o send_v two_o hundred_o piece_n of_o devonshire_n kersey_n portugal_n voyage_n for_o portugal_n and_o twenty_o redding_n
pound_n worth_a at_o london_n in_o commodity_n which_o be_v account_v in_o price_n as_o if_o he_o have_v buy_v they_o for_o ready_a money_n and_o do_v give_v unto_o the_o seller_n of_o the_o say_a commodity_n one_o or_o more_o bill_n of_o exchange_n for_o antuerp_n amsterdam_n or_o any_o other_o place_n to_o be_v pay_v according_a to_o the_o price_n of_o exchange_n which_o be_v make_v or_o aught_o to_o be_v make_v according_a to_o the_o value_n of_o the_o money_n of_o one_o country_n and_o the_o value_n of_o the_o money_n of_o other_o country_n by_o weight_n and_o fineness_n as_o shall_v be_v hereafter_o declare_v and_o that_o according_a to_o the_o distance_n and_o discrepance_n of_o the_o time_n and_o place_n where_o and_o when_o the_o say_v money_n shall_v be_v pay_v by_o the_o buyer_n friend_n factor_n or_o servant_n and_o so_o the_o say_a bill_n or_o bill_n of_o exchange_n be_v pay_v according_o for_o the_o commodity_n so_o buy_v bank_n by_o money_n payable_a in_o bank_n 4_o another_o merchant_n have_v money_n in_o bank_n or_o in_o the_o banker_n hand_n at_o amsterdam_n or_o any_o other_o place_n where_o bank_n be_v keep_v buy_v some_o commodity_n in_o the_o say_a place_n and_o cast_v up_o what_o the_o same_o do_v amount_v unto_o he_o go_v to_o the_o bank_n and_o assign_v the_o seller_n of_o the_o say_a commodity_n to_o receive_v so_o much_o money_n there_o and_o the_o bank_n accept_v thereof_o give_v he_o satisfaction_n in_o the_o payment_n he_o make_v unto_o other_o according_a to_o the_o manner_n of_o bank_n hereafter_o declare_v credit_n by_o a_o letter_n of_o credit_n 5_o another_o buy_v some_o commodity_n there_o or_o in_o any_o other_o place_n beyond_o the_o sea_n and_o for_o that_o purpose_n he_o have_v a_o letter_n of_o attorney_n call_v a_o procuration_n or_o a_o letter_n of_o credit_n either_o from_o his_o master_n or_o any_o other_o here_o at_o london_n or_o elsewhere_o who_o upon_o his_o credit_n have_v promise_v thereby_o to_o pay_v the_o value_n of_o the_o say_a good_n in_o some_o place_n beyond_o the_o sea_n according_a to_o a_o price_n of_o exchange_n agree_v upon_o between_o the_o party_n here_o and_o the_o like_a be_v do_v beyond_o the_o sea_n to_o be_v pay_v here_o which_o be_v still_o according_a to_o the_o value_n of_o money_n in_o both_o part_n answerable_a to_o weight_n and_o fineness_n by_o way_n of_o exchange_n and_o the_o like_a be_v do_v between_o london_n and_o exeter_n plymouth_n yarmouth_n and_o many_o other_o place_n upon_o the_o very_a same_o and_o uniform_a coin_n by_o letter_n missive_a between_o merchant_n here_o and_o there_o obligatorie_n for_o bill_n obligatorie_n 6_o the_o most_o usual_a buy_v and_o sell_v of_o commodity_n beyond_o the_o sea_n in_o the_o course_n of_o traffic_n be_v for_o bill_n of_o debt_n or_o obligation_n call_v bill_n obligatorie_n which_o one_o merchant_n give_v unto_o another_o for_o commodity_n buy_v or_o sell_v which_o be_v altogether_o use_v by_o the_o merchant_n aduenturor_n at_o amsterdam_n middleborough_n hamborough_n and_o other_o place_n for_o when_o they_o have_v sell_v their_o clothes_n unto_o other_o merchant_n or_o other_o payable_a at_o 4_o 6_o 8_o or_o more_o month_n they_o present_o transfer_v and_o set_v over_o these_o bill_n so_o receive_v for_o the_o payment_n of_o their_o clothes_n unto_o other_o merchant_n and_o take_v for_o they_o other_o commodity_n at_o such_o price_n as_o they_o can_v agree_v with_o the_o seller_n of_o they_o be_v it_o velvet_n silk_n satin_n fustian_n or_o any_o other_o ware_n or_o commodity_n to_o make_v return_n of_o the_o provenue_n of_o they_o and_o so_o sell_v those_o foreign_a commodity_n here_o in_o england_n they_o present_o buy_v more_o clothes_n and_o continue_v a_o revolution_n of_o buy_v and_o sell_v in_o the_o course_n of_o traffic_n and_o commerce_n be_v so_o in_o effect_n as_o may_v be_v illustrate_v by_o example_n suppose_v a.b._n the_o clothier_n sell_v to_o c.d._n the_o merchant_n one_o pack_n of_o clothes_n traffic_n example_n of_o of_o the_o revolution_n in_o traffic_n for_o the_o sum_n of_o one_o hundred_o pound_n paiable_a at_o six_o month_n and_o do_v condition_n with_o he_o to_o make_v he_o a_o bill_n in_o the_o name_n of_o such_o a_o man_n as_o he_o shall_v nominate_v unto_o he_o a.b._n the_o clothier_n buy_v of_o d.e._n the_o gentleman_n so_o much_o wool_n as_o amount_v to_o one_o hundred_o pound_n and_o do_v intend_v to_o deliver_v he_o the_o bill_n of_o c._n d._n the_o merchant_n in_o full_a payment_n of_o his_o wool_n and_o to_o cause_v the_o same_o to_o be_v make_v in_o his_o this_o gentleman_n name_n but_o d.e._n the_o say_a gentleman_n cause_v he_o to_o make_v the_o bill_n payable_a to_o e.g._n the_o mercer_n and_o the_o mercer_n be_v content_v with_o the_o like_a condition_n to_o accept_v thereof_o but_o he_o cause_v the_o same_o to_o be_v make_v payable_a to_o c._n d._n the_o merchant_n of_o who_o he_o buy_v his_o velvet_n and_o silk_n and_o so_o in_o payment_n of_o they_o he_o deliver_v he_o by_o a_o intermissive_a time_n his_o own_o bill_n which_o he_o first_o shall_v have_v make_v to_o the_o clothier_n and_o herein_o you_o be_v to_o note_v that_o in_o the_o buy_n by_o bill_n it_o may_v be_v make_v payable_a to_o the_o clothier_n or_o to_o the_o bearer_n thereof_o and_o so_o all_o the_o party_n be_v bearer_n thereof_o unto_o who_o the_o same_o be_v set_v over_o by_o tradition_n of_o it_o only_o which_o by_o a_o retrograde_a examination_n will_v appear_v and_o this_o be_v call_v a_o rescounter_n in_o payment_n debt_n rescounter_v by_o bill_n of_o debt_n use_v among_o merchant_n beyond_o the_o sea_n and_o seem_v strange_a unto_o all_o man_n that_o be_v ignorant_a of_o this_o custom_n and_o yet_o do_v they_o perceive_v a_o reason_n for_o it_o and_o can_v deny_v the_o commodiousness_n thereof_o the_o common_a law_n of_o england_n be_v direct_o against_o this_o course_n for_o they_o say_v there_o can_v be_v no_o alienation_n from_o one_o man_n to_o another_o of_o debt_n because_o they_o be_v hold_v choose_v en_fw-fr action_n and_o such_o whereof_o no_o property_n can_v pass_v by_o assignment_n or_o alienation_n and_o many_o good_a lawyer_n do_v wish_v as_o well_o as_o merchant_n that_o there_o be_v a_o act_n of_o parliament_n make_v for_o the_o establish_n of_o the_o like_a course_n in_o england_n by_o reason_n whereof_o let_v we_o in_o the_o next_o chapter_n handle_v this_o matter_n more_o distinct_o and_o declare_v the_o benefit_n which_o the_o realm_n will_v receive_v thereby_o and_o all_o merchant_n and_o other_o negotiate_v for_o great_a sum_n there_o be_v other_o manner_n of_o buy_v and_o sell_v of_o commodity_n by_o contract_n and_o upon_o condition_n and_o casualty_n which_o be_v to_o be_v declare_v in_o their_o proper_a place_n whereunto_o relation_n may_v be_v have_v hereafter_o chap._n xii_o of_o the_o transfer_v or_o set_v over_o of_o bill_n obligatorie_n between_o merchant_n and_o other_o we_o have_v in_o some_o measure_n in_o the_o precedent_a chapter_n declare_v the_o use_n and_o custom_n of_o merchant_n beyond_o the_o sea_n in_o the_o transfer_v and_o set_v over_o of_o bill_n obligatorie_n or_o bill_n of_o debt_n which_o they_o give_v each_o to_o other_o for_o the_o payment_n of_o commodity_n buy_v and_o sell_v by_o way_n of_o traffic_n and_o trade_n it_o rest_v now_o to_o speak_v thereof_o more_o ample_o for_o the_o sincerity_n of_o plain_a deal_n have_v hitherto_o be_v inviolable_a sea_n the_o manner_n of_o bill_n beyond_o the_o sea_n in_o the_o make_n of_o the_o say_a bill_n which_o every_o man_n of_o credit_n and_o reputation_n give_v of_o his_o own_o hand_n write_v or_o make_v by_o his_o servant_n and_o by_o he_o subscribe_v without_o any_o seal_n or_o witness_v thereunto_o and_o be_v make_v payable_a to_o such_o a_o merchant_n or_o person_n or_o to_o the_o bearer_n of_o the_o bill_n at_o such_o time_n or_o time_n of_o payment_n as_o be_v agree_v and_o conclude_v between_o the_o party_n either_o for_o money_n or_o commodity_n lend_v or_o buy_v and_o so_o declare_v in_o the_o say_a bill_n according_a to_o the_o form_n hereafter_o express_v this_o custom_n be_v much_o practise_v by_o the_o merchant_n adventurer_n beyond_o the_o sea_n at_o middleborough_n amsterdam_n antuerp_n hamborough_n and_o other_o place_n where_o they_o do_v trade_n in_o manner_n follow_v as_o we_o have_v note_v a_o merchant_n have_v many_o of_o these_o bill_n which_o he_o have_v receive_v for_o his_o clothes_n sell_v unto_o draper_n or_o other_o merchant_n dwell_v in_o several_a town_n and_o place_n will_v resort_v unto_o a_o shopkeeper_n or_o another_o merchant_n common_o accompany_v with_o a_o mediator_n or_o broker_n to_o buy_v a_o good_a round_a quantity_n of_o silk_n ware_n debt_n the_o set_n over_o of_o
bill_n of_o debt_n or_o any_o other_o commodity_n which_o be_v ordinary_o sell_v payable_a at_o some_o day_n of_o payment_n either_o 4_o 6_o or_o more_o month_n and_o have_v agree_v upon_o the_o price_n of_o the_o say_a commodity_n or_o before_o he_o make_v the_o seller_n acquaint_v what_o payment_n or_o satisfaction_n he_o will_v give_v he_o in_o bill_n of_o such_o and_o such_o person_n amount_v to_o such_o a_o sum_n either_o little_a more_o or_o less_o than_o the_o commodity_n do_v amount_v unto_o or_o to_o take_v in_o commodity_n so_o much_o as_o the_o say_a bill_n do_v contain_v or_o do_v amount_v unto_o and_o if_o there_o be_v any_o remainder_n due_a for_o the_o commodity_n more_o than_o the_o bill_n do_v amount_v the_o same_o to_o be_v pay_v in_o ready_a money_n or_o upon_o his_o own_o bill_n payable_a at_o such_o a_o time_n as_o they_o agree_v between_o they_o which_o often_o come_v to_o be_v a_o great_a sum_n hereupon_o all_o such_o bill_n as_o be_v of_o know_a person_n be_v soon_o accept_v of_o and_o of_o the_o unknown_a person_n either_o himself_o that_o be_v the_o seller_n or_o the_o broker_n will_v inquire_v of_o their_o sufficiency_n and_o then_o likewise_o accept_v of_o their_o bill_n in_o payment_n and_o have_v take_v their_o bill_n which_o be_v make_v payable_a to_o the_o bearer_n as_o we_o have_v say_v the_o receiver_n of_o these_o bill_n go_v unto_o the_o party_n and_o demand_v of_o they_o whether_o they_o be_v content_v to_o pay_v he_o those_o bill_n at_o the_o time_n specify_v therein_o according_a to_o the_o manner_n of_o merchant_n for_o commodity_n which_o if_o it_o be_v within_o one_o month_n after_o it_o be_v account_v to_o be_v very_o good_a payment_n the_o debtor_n make_v answer_v that_o he_o will_v pay_v his_o bill_n to_o the_o bearer_n thereof_o according_o for_o if_o this_o man_n will_v not_o ride_v out_o as_o they_o say_v the_o time_n of_o the_o payment_n of_o the_o bill_n he_o may_v go_v to_o another_o man_n and_o buy_v other_o commodity_n therewith_o as_o if_o it_o be_v with_o ready_a money_n the_o time_n only_o consider_v nay_o more_o if_o he_o will_v have_v ready_a money_n for_o these_o bill_n obligatorie_n sell_v of_o bill_n obligatorie_n he_o may_v sell_v they_o to_o other_o merchant_n that_o be_v moneyed_a man_n and_o abate_v for_o the_o interest_n for_o the_o time_n and_o common_o one_o month_n over_o according_a to_o the_o rate_n as_o they_o can_v agree_v and_o as_o money_n be_v plentiful_a they_o shall_v have_v money_n at_o all_o time_n to_o employ_v in_o commodity_n or_o to_o deliver_v by_o exchange_n or_o to_o pay_v debt_n withal_o or_o to_o carry_v home_o in_o specie_fw-la or_o for_o any_o other_o purpose_n at_o their_o pleasure_n which_o be_v commodious_a for_o young_a merchant_n have_v small_a stock_n as_o also_o for_o all_o man_n upon_o all_o occasion_n for_o it_o be_v proper_o as_o money_n pay_v by_o assignation_n whereby_o very_o great_a matter_n be_v compass_v in_o the_o trade_n of_o merchandise_n the_o commodity_n be_v soon_o vent_v in_o all_o place_n debt_n general_a benefit_n by_o set_v over_o of_o bill_n of_o debt_n the_o custom_n and_o imposition_n of_o prince_n do_v increase_v the_o poor_a and_o mechanical_a people_n be_v set_v on_o work_n man_n be_v better_o assure_v in_o their_o payment_n the_o counterfeit_n of_o bill_n and_o difference_n be_v prevent_v the_o more_o commodity_n there_o be_v sell_v the_o less_o ready_a money_n be_v transport_v and_o life_n be_v infuse_v into_o traffic_n and_o trade_n for_o the_o general_a good_a and_o herein_o we_o see_v and_o may_v observe_v that_o thing_n which_o be_v indeed_o and_o thing_n which_o be_v not_o indeed_o but_o take_v to_o be_v indeed_o may_v produce_v all_o one_o effect_n and_o every_o man_n be_v enable_v with_o his_o own_o mean_n and_o credit_n to_o augment_v commerce_n this_o laudable_a custom_n as_o i_o say_v be_v not_o practise_v in_o england_n yet_o sometime_o a_o merchant_n stranger_n will_v accept_v of_o bill_n of_o debt_n in_o payment_n for_o commodity_n sell_v with_o advantage_n but_o then_o the_o bill_n be_v make_v new_a again_o and_o in_o the_o merchant_n stranger_n name_n and_o this_o be_v not_o without_o some_o danger_n to_o he_o that_o buy_v the_o commodity_n or_o merchandise_n for_o another_o man_n bill_n as_o factor_n may_v do_v for_o their_o master_n for_o i_o have_v observe_v by_o good_a experience_n bill_n a_o law_n case_n about_o the_o set_n over_o of_o bill_n that_o a_o factor_n in_o london_n have_v sell_v for_o his_o master_n a_o merchant_n of_o antuerpe_n some_o commodity_n to_o a_o english_a merchant_n to_o the_o value_n of_o seven_o hundred_o pound_n and_o take_v the_o merchant_n bill_n payable_a at_o six_o month_n and_o six_o month_n for_o it_o his_o master_n of_o antuerpe_n do_v appoint_v he_o to_o buy_v bay_n ●or_a these_o bill_n of_o another_o merchant_n which_o he_o do_v perform_v and_o have_v the_o value_n of_o 700_o will_v deliver_v unto_o he_o in_o bay_n according_o and_o the_o bill_n be_v to_o be_v alter_v in_o the_o other_o merchant_n name_n for_o his_o bay_n short_o after_o it_o fall_v out_o that_o the_o english_a merchant_n become_v insoluent_a but_o before_o it_o be_v public_o know_v the_o factor_n bring_v the_o bill_n alter_v according_a to_o the_o agreement_n in_o the_o bay_n merchant_n name_n who_o do_v refuse_v to_o accept_v of_o they_o and_o say_v the_o factor_n shall_v pay_v he_o the_o bill_n be_v tender_v with_o a_o scrivener_n according_a to_o their_o agreement_n but_o still_o be_v refuse_v the_o time_n of_o payment_n be_v expire_v the_o bay_a merchant_n do_v arrest_v the_o say_a factor_n the_o matter_n be_v try_v before_o the_o lord_n chief_a justice_n of_o the_o king_n bench_n by_o a_o nisi_fw-la prius_fw-la in_o london_n by_o a_o party_n jury_n of_o english_a man_n and_o stranger_n the_o verdict_n be_v find_v for_o the_o bay_a merchant_n and_o the_o factor_n do_v pay_v the_o money_n and_o have_v no_o remedy_n against_o his_o master_n the_o reason_n be_v deliver_v by_o the_o judge_n that_o the_o common_a law_n in_o this_o case_n require_v a_o release_n or_o acquittance_n for_o the_o payment_n of_o the_o bay_n to_o be_v make_v to_o the_o factor_n otherwise_o he_o be_v still_o bind_v by_o the_o law_n to_o answer_v for_o the_o say_a bay_n england_n to_o establish_v this_o custom_n in_o england_n this_o custom_n may_v with_o great_a facility_n nevertheless_o be_v establish_v in_o england_n and_o will_v be_v very_o beneficial_a to_o the_o king_n and_o the_o commonwealth_n ingenerall_n for_o albeit_o that_o the_o strict_a rule_n of_o the_o law_n demand_v a_o seal_n and_o delivery_n of_o deed_n and_o that_o the_o bill_n cannon_n convenient_o be_v make_v payable_a to_o the_o bearer_n of_o it_o or_o be_v alter_v in_o another_o man_n name_n as_o abovesaid_a neither_o can_v it_o be_v recover_v by_o a_o letter_n of_o attorney_n which_o in_o england_n be_v always_o revocable_a before_o the_o fact_n nevertheless_o if_o there_o be_v a_o register_n keep_v of_o the_o pass_a and_o transfer_v of_o these_o bill_n from_o man_n to_o man_n and_o by_o a_o endorsement_n thereof_o also_o upon_o the_o bill_n it_o may_v be_v do_v with_o ease_n and_o the_o bearer_n of_o it_o shall_v be_v acknowledge_v thereby_o to_o be_v the_o lawful_a attorney_n in_o law_n and_o by_o these_o mean_v the_o undecent_a plea_n of_o non_fw-la est_fw-la factum_fw-la will_v be_v cut_v off_o and_o to_o prevent_v fraudulent_a deal_n if_o any_o bill_n shall_v be_v lose_v notice_n may_v be_v give_v instant_o to_o the_o register_n which_o at_o lixborne_n and_o rouen_n be_v call_v a_o prothonotary_n by_o mean_n whereof_o many_o questionable_a parcel_n or_o payment_n be_v make_v apparent_a rouen_n office_n of_o prothonotary_n at_o lixborne_n and_o rouen_n and_o the_o bill_n for_o the_o most_o part_n do_v remain_v in_o the_o office_n at_o the_o disposition_n of_o the_o last_o assign_v or_o assign_n which_o be_v the_o cause_n also_o that_o most_o usual_o bill_n be_v make_v for_o all_o thing_n buy_v and_o sell_v between_o party_n and_o party_n whereby_o many_o payment_n be_v make_v by_o rescounter_n payment_n rescounter_v by_o bill_n for_o payment_n as_o if_o it_o be_v in_o bank_n hereafter_o to_o be_v declare_v for_o merchant_n do_v meet_v and_o in_o a_o manner_n jump_o together_o in_o their_o say_a payment_n and_o hereby_o also_o may_v the_o difficulty_n for_o the_o take_n of_o a_o acquittance_n as_o aforesaid_a be_v remove_v by_o enter_v a_o acknowledgement_n of_o satisfaction_n before_o the_o say_a register_n at_o the_o time_n of_o the_o transfer_v or_o register_n thereof_o i_o have_v take_v pain_n to_o have_v this_o to_o be_v establish_v here_o but_o hitherto_o thing_n be_v not_o right_o understand_v as_o be_v to_o be_v wish_v
do_v concur_v and_o agree_v with_o the_o law_n of_o oleron_n whereof_o we_o shall_v entreat_v more_o hereafter_o frederick_n the_o second_o king_n of_o denmark_n at_o a_o parliament_n hold_v at_o coppenhaven_n in_o the_o year_n 1561_o have_v abridge_v as_o also_o set_v down_o certain_a act_n or_o statute_n for_o the_o rule_n of_o sea_n matter_n but_o for_o the_o most_o para_fw-it agree_v also_o with_o the_o say_a law_n of_o oleron_n which_o you_o shall_v find_v in_o this_o treatise_n set_v down_o upon_o every_o occasion_n offer_v unto_o i_o to_o make_v application_n of_o they_o in_o the_o chapter_n follow_v chap._n xviii_o of_o the_o manner_n of_o proceed_n in_o seafaring_a cause_n all_o controversy_n and_o difference_n of_o seafaring_a action_n or_o maritime_a cause_n aught_o to_o be_v decide_v according_a to_o the_o sea_n law_n which_o take_v their_o beginning_n from_o custom_n and_o observation_n and_o from_o they_o be_v the_o interpretation_n of_o the_o say_a law_n to_o be_v take_v and_o if_o any_o case_n shall_v fall_v out_o that_o be_v not_o know_v before_o neither_o write_v down_o and_o authorise_v as_o a_o law_n than_o the_o same_o be_v to_o be_v determine_v by_o the_o judge_n with_o the_o opinion_n of_o man_n of_o experience_n and_o knowledge_n in_o the_o say_v seafaring_a cause_n and_o herein_o be_v all_o convenient_a expedition_n require_v that_o the_o matter_n may_v be_v summary_o and_o brief_o determine_v especial_o in_o case_n of_o shipwreck_n wherein_o delay_n or_o protraction_n in_o law_n be_v a_o cruelty_n to_o vex_v such_o afflict_a person_n therefore_o to_o prevent_v appellation_n present_a execution_n and_o restitution_n of_o good_n be_v use_v in_o cause_n of_o spoil_n upon_o caution_n first_o find_v by_o the_o spoil_a to_o satisfy_v the_o condemnation_n to_o the_o judge_n if_o there_o be_v just_a cause_n find_v of_o appellation_n maritime_a witness_n in_o cause_n maritime_a and_o to_o this_o end_n also_o it_o be_v permit_v that_o witness_n of_o the_o same_o ship_n may_v be_v examine_v although_o the_o adverse_a party_n be_v not_o call_v thereunto_o merchant_n and_o mariner_n sail_v together_o in_o one_o ship_n may_v bear_v witness_v each_o to_o other_o and_o mariner_n against_o the_o master_n when_o they_o be_v free_a and_o out_o of_o his_o command_n the_o plaintiff_n be_v to_o find_v surety_n to_o pay_v cost_n and_o damage_n if_o he_o do_v fail_v in_o his_o proof_n and_o the_o defendant_n be_v to_o be_v put_v in_o caution_n to_o satisfy_v the_o sentence_n judicio_fw-la cisti_fw-la &_o iudicatum_fw-la solui_fw-la if_o the_o defendant_n do_v stand_v out_o or_o commit_v a_o comtempt_n by_o not_o appear_v for_o to_o defend_v himself_o or_o his_o ship_n or_o thing_n challenge_v the_o judge_n of_o the_o admiralty_n may_v after_o four_o default_n enter_v deliver_v the_o possession_n of_o the_o say_a ship_n or_o any_o other_o thing_n or_o part_v thereof_o to_o the_o plaintiff_n put_v in_o surety_n for_o one_o year_n and_o a_o day_n and_o if_o the_o party_n appear_v not_o within_o that_o time_n than_o the_o property_n be_v final_o adjudge_v to_o the_o plaintiff_n and_o if_o he_o do_v appear_v within_o the_o time_n offer_v to_o pay_v the_o expense_n and_o put_v in_o caution_n to_o obey_v and_o perform_v the_o definitive_a sentence_n he_o shall_v be_v admit_v but_o this_o caution_n or_o surety_n be_v liable_a absolute_o for_o all_o from_o the_o beginning_n and_o can_v be_v discharge_v as_o a_o bail_n may_v be_v at_o the_o common_a law_n england_n difference_n between_o caution_n in_o the_o admiralty_n and_o bail_v at_o the_o common_a law_n of_o england_n bring_v in_o the_o party_n at_o convenient_a time_n summons_n and_o citation_n be_v not_o needful_a where_o the_o ship_n or_o good_n in_o question_n be_v forthcoming_a but_o may_v be_v do_v in_o the_o same_o place_n where_o it_o lie_v or_o the_o good_n be_v find_v if_o any_o man_n be_v arrest_v or_o trouble_v for_o the_o like_a matter_n he_o be_v present_o to_o be_v discharge_v upon_o surety_n and_o especial_o mariner_n because_o they_o shall_v not_o be_v hinder_v of_o their_o voyage_n which_o he_o may_v do_v with_o so_o much_o good_n or_o the_o value_n thereof_o as_o he_o have_v within_o shipboard_n at_o the_o judge_n discretion_n for_o it_o be_v intend_v that_o otherwise_o traffic_v and_o commerce_n be_v interrupt_v cahp._n xix_o of_o buy_v and_o sell_v of_o commodity_n by_o contract_n the_o buy_v and_o sell_v of_o commodity_n by_o contract_n may_v be_v distinguish_v three_o manner_n of_o way_n namely_o regal_a notariall_a and_o verbal_a the_o regal_a contract_n be_v make_v between_o king_n and_o prince_n and_o merchant_n which_o cause_v the_o king_n of_o portugal_n to_o be_v call_v royal_a merchant_n for_o whereas_o the_o venetian_n have_v the_o trade_n for_o spice_n and_o other_o commodity_n of_o the_o east_n indies_n solemn_a regal_a contract_n call_v by_o the_o civilians_n solemn_a the_o portugall_n upon_o the_o discovery_n of_o those_o part_n by_o navigation_n do_v bereave_v the_o venetian_n of_o that_o trade_n as_o by_o the_o revolution_n of_o time_n other_o nation_n have_v almost_o compass_v that_o trade_n of_o spice_n and_o take_v the_o same_o from_o the_o portugall_n the_o king_n of_o portugal_n have_v always_o the_o one_o moiety_n of_o the_o pepper_n by_o way_n of_o contract_n and_o for_o that_o they_o will_v contract_v again_o with_o the_o german_n or_o other_o principal_a merchant_n of_o other_o nation_n and_o of_o their_o own_o to_o deliver_v the_o same_o upon_o a_o price_n agree_v upon_o the_o arrival_n of_o the_o carracke_n at_o lixborne_n according_a unto_o which_o it_o be_v sell_v again_o with_o reputation_n to_o other_o merchant_n and_o disperse_v into_o diverse_a country_n and_o so_o be_v it_o also_o do_v for_o clove_n and_o mace_n and_o sometime_o for_o indigo_n and_o the_o payment_n be_v make_v by_o assignation_n in_o the_o bank_n of_o madrill_n lion_n and_o bizanson_n and_o sometime_o at_o florence_n and_o other_o place_n hereupon_o be_v the_o contraction-house_n at_o lixborne_n erect_v and_o name_v according_o where_o the_o say_v spice_n and_o commodity_n be_v bring_v and_o sell_v again_o such_o be_v the_o contract_n which_o the_o king_n of_o spain_n do_v make_v with_o merchant_n for_o the_o provision_n of_o corn_n for_o his_o town_n in_o africa_n upon_o the_o coast_n of_o barbary_n as_o ceuta_n mosegam_n tangere_fw-la and_o other_o place_n the_o payment_n whereof_o have_v be_v make_v again_o by_o pepper_n upon_o some_o especial_a contract_n and_o the_o merchant_n have_v thereupon_o also_o make_v other_o contract_n with_o merchant_n of_o the_o low-countries_n to_o deliver_v they_o that_o pepper_n at_o amsterdam_n and_o to_o take_v corn_n in_o payment_n but_o the_o case_n be_v since_o alter_v by_o the_o incorporate_n of_o the_o east-india_n trade_n such_o be_v the_o contract_v make_v by_o the_o french_a king_n henry_n the_o three_o with_o the_o great_a merchant_n of_o italy_n call_v le_fw-fr grand_a party_n for_o salt_n which_o they_o by_o authority_n do_v engross_v for_o the_o king_n and_o bring_v also_o from_o other_o country_n by_o sole_a permission_n cause_v every_o household_n in_o all_o france_n to_o take_v a_o proportion_n yearly_a or_o to_o pay_v for_o it_o whether_o they_o have_v occasion_n to_o use_v it_o or_o not_o which_o be_v a_o italian_a invention_n and_o for_o this_o they_o pay_v by_o contract_n unto_o the_o king_n six_o hundred_o thousand_o pound_n sterling_a be_v two_o million_o of_o french_a crown_n yearly_a such_o be_v the_o contract_n which_o queen_n elizabeth_n of_o bless_a memory_n make_v with_o merchant_n of_o london_n for_o the_o provision_n of_o victual_n and_o apparel_n for_o the_o soldier_n in_o ireland_n during_o the_o late_a war_n with_o the_o earl_n tirone_n which_o do_v amount_v to_o very_o great_a sum_n of_o money_n insomuch_o that_o the_o several_a contract_n for_o apparel_n come_v to_o ninety_o six_o thousand_o suit_n of_o apparel_n as_o i_o have_v see_v by_o the_o record_n and_o account_n extant_a in_o his_o majesty_n court_n of_o exchequer_n all_o these_o and_o such_o like_a contract_n be_v make_v by_o commission_n grant_v for_o that_o purpose_n to_o some_o great_a officer_n of_o the_o kingdom_n who_o have_v thereby_o authority_n to_o contract_n for_o the_o same_o with_o merchant_n or_o other_o notariall_a contract_n have_v partly_o dependence_n upon_o the_o same_o public_a notariall_n contract_v call_v public_a for_o when_o those_o merchant_n which_o have_v contract_v with_o king_n or_o prince_n be_v to_o provide_v sudden_o those_o thing_n which_o they_o have_v contract_v for_o or_o to_o dispose_v of_o the_o commodity_n which_o they_o have_v buy_v or_o ingross_v into_o their_o hand_n then_o they_o deal_v with_o other_o merchant_n either_o to_o provide_v they_o of_o the_o say_a commodity_n or_o to_o sell_v they_o such_o as_o they_o have_v buy_v
and_o these_o contract_n be_v make_v by_o public_a act_n and_o instrument_n before_o notary_n to_o the_o end_n that_o all_o thing_n agree_v upon_o on_o either_o side_n may_v be_v due_o accomplish_v and_o in_o these_o great_a contract_n beyond_o the_o sea_n the_o payment_n be_v the_o most_o part_n for_o great_a sum_n make_v in_o bank_n also_o because_o of_o the_o commodiousness_n of_o it_o as_o you_o shall_v note_v hereafter_o beside_o this_o many_o merchant_n do_v make_v contract_n and_o pass_v they_o likewise_o before_o notary_n or_o scrivener_n because_o that_o thing_n contract_v for_o may_v require_v time_n to_o effect_v they_o as_o for_o example_n a_o merchant_n adventurer_n sell_v unto_o a_o merchant_n of_o middleborough_n two_o or_o three_o hundred_o clothes_n of_o know_a mark_n whereby_o the_o goodness_n be_v also_o know_v at_o a_o certain_a price_n the_o pack_n of_o ten_o clothes_n to_o be_v deliver_v at_o middleborough_n from_o time_n to_o time_n during_o the_o space_n of_o six_o month_n and_o the_o middleborough_n merchant_n do_v agree_v that_o for_o the_o payment_n of_o these_o clothes_n he_o will_v send_v to_o the_o merchant_n adventurer_n linen_n cloth_n and_o diverse_a other_o commodity_n to_o be_v sell_v in_o london_n to_o pay_v himself_o as_o aforesaid_a which_o commodity_n be_v also_o send_v from_o time_n to_o time_n within_o the_o compass_n of_o the_o say_a time_n of_o six_o month_n and_o the_o reckon_n between_o they_o shall_v run_v according_o hereupon_o a_o contract_n be_v make_v in_o write_v before_o a_o notary_n public_a and_o therein_o diverse_a condition_n be_v to_o be_v specify_v and_o observe_v contract_n condition_n of_o a_o merchant_n contract_n first_o it_o be_v agree_v that_o concern_v the_o price_n of_o the_o clothes_n sell_v amount_v to_o such_o a_o sum_n sterling_a money_n call_v lawful_a money_n of_o england_n there_o shall_v be_v give_v for_o every_o twenty_o shilling_n or_o pound_n sterling_a so_o many_o shilling_n and_o penny_n as_o they_o shall_v agree_v according_a to_o the_o price_n of_o exchange_n among_o merchant_n and_o these_o be_v shilling_n and_o penny_n flemish_a money_n whereof_o there_o be_v 35_o or_o 36_o shilling_n or_o 35_o shilling_n and_o six_o penny_n or_o 36_o shilling_n and_o eight_o penny_n give_v or_o allow_v in_o account_n between_o they_o for_o twenty_o shilling_n sterling_a and_o so_o after_o the_o rate_n for_o so_o many_o hundred_o pound_n or_o thousand_o pound_n as_o the_o clothes_n may_v amount_v unto_o second_o it_o be_v agree_v that_o the_o merchant_n adventurer_n shall_v bear_v the_o adventure_n of_o his_o clothes_n and_o deliver_v they_o upon_o his_o adventure_n charge_n and_o danger_n of_o the_o sea_n with_o all_o casualty_n unto_o the_o middleborough_n merchant_n within_o the_o town_n or_o warehouse_n of_o the_o merchant_n there_o and_o likewise_o that_o the_o middleborough_n merchant_n shall_v bear_v the_o adventure_n of_o his_o linen_n cloth_n and_o other_o commodity_n answer_v the_o king_n custom_n and_o all_o charge_n incident_a upon_o the_o say_a commodity_n until_o they_o be_v free_o take_v up_o into_o the_o merchant_n adventurer_n warehouse_n here_o three_o it_o be_v agree_v between_o they_o these_o foreign_a commodity_n be_v sell_v paiable_a at_o time_n of_o payment_n that_o if_o any_o bad_a debt_n shall_v be_v make_v thereby_o either_o the_o middleborough_n merchant_n be_v to_o bear_v the_o loss_n thereof_o or_o else_o the_o merchant_n adventurer_n do_v take_v the_o hazard_n and_o adventure_v of_o it_o upon_o he_o for_o the_o consideration_n or_o allowance_n of_o double_a factoridge_n or_o two_o upon_o the_o hundred_o four_o it_o be_v agree_v between_o they_o that_o if_o the_o payment_n of_o the_o commodity_n of_o the_o middleborough_n merchant_n be_v not_o make_v within_o the_o time_n of_o six_o month_n according_a as_o the_o clothes_n be_v sell_v then_o the_o merchant_n adventurer_n be_v to_o have_v allowance_n for_o the_o money_n by_o he_o not_o receive_v within_o the_o time_n after_o the_o rate_n of_o ten_o upon_o the_o hundred_o for_o the_o year_n last_o because_o the_o merchant_n adventurer_n take_v pain_n in_o the_o sell_n of_o the_o merchandise_n and_o commodity_n of_o the_o middleborough_n merchant_n to_o pay_v himself_o it_o be_v also_o agree_v upon_o that_o the_o merchant_n adventurer_n shall_v have_v allowance_n of_o factoridge_n for_o it_o after_o the_o rate_n of_o two_o pro_fw-la cent._n which_o he_o shall_v have_v give_v unto_o another_o factor_n to_o sell_v the_o same_o for_o he_o this_o be_v the_o substance_n of_o a_o merchant_n contract_n wherein_o it_o seem_v all_o thing_n have_v be_v well_o consider_v and_o agree_v upon_o yet_o the_o principal_a matter_n for_o good_a and_o sure_a deal_n be_v omit_v contract_n defective_a contract_n which_o be_v not_o only_o to_o covenant_n that_o the_o middleborough_n merchant_n shall_v send_v he_o good_a and_o merchantable_a ware_n or_o commodity_n to_o make_v money_n of_o or_o to_o sell_v to_o good_a customer_n that_o will_v make_v he_o good_a payment_n but_o especial_o that_o the_o merchant_n adventurer_n shall_v not_o be_v compel_v to_o send_v he_o more_o clothes_n than_o the_o value_n of_o the_o commodity_n receive_v shall_v amount_v unto_o from_o time_n to_o time_n and_o further_o if_o he_o do_v not_o send_v he_o within_o the_o time_n the_o quantity_n of_o commodity_n requisite_a to_o pay_v himself_o for_o so_o many_o clothes_n the_o say_v middleborough_n merchant_n shall_v pay_v he_o the_o damage_n sustain_v by_o the_o employment_n of_o his_o money_n in_o clothes_n or_o a_o certain_a sum_n of_o money_n agree_v upon_o between_o they_o for_o the_o non-performance_n thereof_o in_o like_a manner_n a_o london_n merchant_n do_v contract_n with_o a_o merchant_n stranger_n here_o and_o buy_v of_o he_o a_o certain_a commodity_n whereof_o the_o goodness_n be_v common_o know_v by_o the_o mark_n or_o otherwise_o by_o the_o fabrica_fw-la or_o make_n as_o velvet_n satin_n silk_n fustian_n and_o other_o commodity_n to_o be_v here_o deliver_v unto_o he_o by_o such_o a_o day_n or_o within_o so_o many_o month_n at_o a_o price_n agree_v upon_o between_o they_o with_o the_o manner_n of_o payment_n and_o other_o condition_n agree_v also_o hereupon_o likewise_o pass_v a_o notariall_a contract_n which_o be_v perform_v according_o but_o put_v the_o case_n that_o the_o price_n of_o the_o say_a velvet_n and_o silk_n by_o some_o accident_n or_o occasion_n do_v fall_v and_o the_o london_n merchant_n do_v repent_v himself_o of_o his_o bargain_n and_o contract_n and_o now_o some_o of_o the_o say_v foreign_a commodity_n be_v come_v from_o beyond_o the_o sea_n and_o arrive_v within_o the_o river_n of_o thames_n whereupon_o the_o merchant_n stranger_n give_v notice_n unto_o he_o of_o it_o and_o the_o london_n merchant_n seem_v unwilling_a to_o receive_v the_o say_a commodity_n and_o be_v constrain_v either_o by_o a_o 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and_o rechange_n for_o it_o after_o a_o great_a rate_n and_o nevertheless_o they_o will_v be_v sure_a to_o have_v pepper_n or_o any_o other_o commodity_n at_o a_o certain_a rate_n agree_v upon_o between_o they_o fleet._n money_n payable_a at_o the_o return_n of_o the_o fleet._n or_o else_o in_o ready_a money_n payable_a also_o at_o the_o return_n of_o the_o say_a west-indies_n fleet_n albeit_o they_o do_v not_o bear_v the_o adventure_n of_o the_o silver_n bullion_n or_o royal_n of_o eight_o rather_o admit_v a_o clause_n that_o if_o the_o treasure_n do_v miscarry_v they_o shall_v have_v their_o money_n repay_v within_o a_o certain_a time_n and_o interest_n of_o 7_o ꝑ_n 100_o unless_o it_o be_v they_o agree_v for_o the_o pepper_n belong_v to_o the_o king_n for_o many_o year_n to_o be_v take_v at_o a_o reasonable_a price_n they_o bear_v the_o adventure_n of_o the_o sea_n as_o the_o lord_n foulker_n of_o germany_n do_v contract_n in_o the_o year_n 1592._o with_o philip_n the_o second_o 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bank_n the_o banker_n will_v pay_v it_o for_o he_o more_o or_o less_o as_o the_o party_n be_v well_o know_v or_o credit_v without_o take_v any_o gain_n for_o it_o although_o it_o be_v for_o 3_o 4_o 6_o or_o more_o month_n this_o seem_v to_o be_v a_o great_a commodity_n as_o no_o doubt_n it_o be_v to_o man_n in_o particular_a but_o be_v well_o consider_v of_o it_o will_v be_v find_v a_o small_a friendship_n and_o no_o more_o in_o effect_n than_o if_o a_o man_n do_v participate_v the_o light_n of_o his_o candle_n to_o another_o man_n candle_n for_o what_o be_v this_o credit_n or_o what_o be_v the_o payment_n of_o the_o bank_n but_o almost_o or_o rather_o altogether_o imaginary_a as_o for_o example_n payment_n the_o manner_n of_o the_o banker_n payment_n peter_n have_v two_o thousand_o ducat_n in_o bank_n john_n have_v three_o thousand_o and_o william_n four_o thousand_o and_o so_o consequent_o other_o more_z or_o less_o peter_n have_v occasion_n to_o pay_v unto_o john_n one_o thousand_o 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diverse_a the_o certainty_n of_o the_o money_n which_o you_o do_v adventure_n to_o loss_n be_v well_o consider_v of_o may_v turn_v you_o to_o gain_v especial_o in_o place_n border_v upon_o the_o sea_n or_o river_n to_o serve_v the_o inland_n people_n as_o calais_n dunkirk_n for_o flanders_n henault_n arthois_n and_o other_o province_n the_o like_a may_v be_v practise_v in_o many_o coast_n town_n of_o england_n but_o stranger_n be_v more_o addict_v to_o make_v casual_a bargain_n for_o buy_v of_o commodity_n for_o sell_v of_o commodity_n upon_o casualty_n therein_o be_v we_o more_o frequent_a especial_o of_o thing_n not_o vendible_a at_o all_o time_n to_o sell_v they_o payable_a upon_o the_o return_n of_o such_o a_o voyage_n from_o venice_n turkey_n or_o other_o place_n or_o upon_o the_o decease_n of_o such_o a_o man_n or_o woman_n or_o at_o a_o marriage_n day_n or_o the_o first_o second_o or_o three_o child_n either_o male_a or_o female_a in_o all_o which_o selling_n money_n and_o 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what_o remain_v upon_o equal_a division_n they_o will_v rather_o accept_v of_o than_o that_o any_o lot_n shall_v be_v cast_v for_o they_o yet_o they_o will_v more_o favour_v the_o lot_n than_o the_o cast_n of_o the_o dice_n or_o the_o measure_n by_o straw_n to_o these_o weak_a stomach_n thus_o trouble_v with_o a_o nausea_n i_o will_v not_o minister_v any_o cordial_n electuary_n or_o potion_n to_o rid_v they_o of_o that_o distemperate_a humour_n but_o a_o plain_a vomit_n be_v fit_a the_o moon_n be_v in_o aries_n or_o capricorn_n which_o must_v be_v thus_o preparéd_v as_o in_o god_n church_n there_o never_o want_v true_a religion_n reveal_v from_o god_n himself_o so_o among_o heathen_a and_o all_o nation_n there_o never_o want_v mean_n to_o acknowledge_v a_o sovereign_a power_n which_o cause_v they_o to_o devise_v a_o certain_a shadow_n of_o religion_n by_o worship_v their_o imaginary_a god_n with_o a_o kind_n of_o divine_a service_n the_o contemplation_n and_o use_n whereof_o they_o do_v esteem_v to_o be_v the_o high_a degree_n of_o felicity_n or_o summum_fw-la bonum_fw-la in_o so_o much_o that_o even_o in_o their_o blindness_n they_o do_v attribute_v the_o success_n of_o all_o thing_n to_o proceed_v from_o above_o use_v for_o to_o attain_v to_o the_o knowledge_n of_o the_o divine_a pleasure_n diverse_a mean_n of_o divination_n imprecation_n oracle_n and_o cast_v of_o lot_n because_o they_o want_v the_o illumination_n of_o the_o most_o glorious_a and_o transparent_a sun_n of_o the_o word_n of_o god_n whereby_o we_o be_v teach_v to_o obey_v the_o know_a will_n of_o god_n and_o to_o reverence_v with_o admiration_n his_o secret_n will_v not_o declare_v unto_o us._n divination_n and_o imprecation_n be_v not_o accompany_v with_o visible_a and_o sensible_a apparition_n cause_v all_o oracle_n to_o be_v in_o great_a veneration_n as_o that_o of_o dodona_n where_o jupiter_n answer_v strike_v the_o caldron_n with_o a_o silver_n wand_n that_o of_o jupiter_n hammon_n in_o 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mint_n bey●nd_n ●he_v sea_n call_v the_o general_n of_o mint_n which_o do_v determine_v such_o and_o the_o like_a question_n and_o controversy_n arise_v between_o the_o warden_n and_o the_o mint-master_n which_o be_v man_n of_o great_a knowledge_n and_o experience_n in_o mint_n affair_n and_o have_v from_o the_o prince_n large_a stipend_n give_v they_o for_o to_o attend_v these_o m●nt_a business_n when_o the_o trial_n of_o pix_n or_o of_o the_o box_n be_v make_v and_o the_o mint-master_n make_v their_o account_n with_o the_o prince_n hereupon_o the_o say_a assay-master_n according_a to_o his_o courteous_a behaviour_n be_v very_o well_o please_v to_o hear_v i_o as_o he_o say_v in_o favour_n of_o justice_n and_o truth_n and_o so_o i_o begin_v to_o answer_v gradatim_fw-la and_o articular_o as_o follow_v admit_v drink_v up_o of_o the_o copple_v admit_v first_o concern_v the_o drink_n up_o of_o the_o copple_n albeit_o that_o it_o appear_v unto_o i_o by_o certain_a testimoniall_n make_v 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and_o be_v charge_v in_o account_n for_o it_o i_o answer_v that_o the_o account_n of_o all_o mint_n be_v make_v only_o upon_o the_o fineness_n of_o money_n by_o their_o weight_n and_o that_o it_o be_v never_o otherwise_o use_v in_o england_n until_o this_o day_n only_o all_o account_n be_v take_v upon_o the_o fine_a matter_n only_o and_o if_o the_o warden_n will_v bring_v a_o new_a manner_n of_o account_n than_o ever_o have_v be_v take_v according_a to_o the_o leidger_n book_n of_o the_o mint_n and_o the_o comptroller_n book_n then_o the_o mintmaster_n be_v to_o be_v charge_v with_o every_o thing_n in_o his_o proper_a nature_n silver_n for_o silver_n and_o copper_n for_o copper_n otherwise_o it_o be_v better_o for_o he_o not_o to_o put_v in_o any_o copper_n than_o to_o be_v make_v to_o answer_v silver_n for_o it_o but_o the_o mintmaster_n must_v hold_v as_o well_o his_o allay_n as_o his_o fine_a silver_n keep_v allay_v to_o be_v keep_v according_a to_o the_o statute_n 2._o h._n 6._o ca._n 2._o and_o in_o do_v otherwise_o by_o not_o put_v in_o of_o this_o two_o penny_n weight_n of_o copper_n the_o money_n will_v be_v too_o fine_a and_o the_o master_n may_v incur_v fine_a and_o ransom_n therefore_o all_o mint-master_n do_v work_v according_a to_o their_o remedy_n and_o they_o do_v bear_v all_o waste_v incident_a and_o casual_a as_o if_o some_o ingot_n be_v falsify_v with_o copper_n within_o as_o have_v be_v find_v at_o the_o mint_n the_o mintmaster_n must_v bear_v the_o adventure_n of_o it_o master_n hazard_v of_o mint_n master_n for_o prince_n will_v be_v at_o a_o certainty_n which_o be_v the_o cause_n that_o the_o mint-master_n may_v commix_v at_o their_o pleasure_n thus_o far_o as_o the_o sixteenth_o article_n of_o the_o indenture_n declare_v that_o every_o pound_n weight_n troy_n shall_v be_v in_o such_o sort_n commix_v and_o melt_v down_o that_o at_o the_o cast_v out_o of_o the_o same_o into_o ingot_n xluj_o the_o indenture_n of_o eliz_n reg._n xluj_o it_o shall_v be_v and_o hold_v eleven_o ounce_n two_o penny_n weight_n of_o fine_a silver_n and_o eighteen_o penny_n weight_n of_o allay_n every_o pound_n contain_v twelve_o ounce_n every_o ounce_n twenty_o penny_n weight_n and_o every_o penny_n weight_n twenty_o four_o grain_n according_a to_o the_o computation_n of_o the_o pound_n weight_n troy_n of_o england_n which_o eleven_o ounce_n two_o penny_n weight_n of_o fine_a silver_n and_o eighteen_o penny_n weight_n of_o allay_n in_o the_o pound_n weight_n of_o troy_n aforesaid_a standard_n the_o old_a right_n ●●erling_a standard_n be_v the_o old_a right_a standard_n of_o the_o money_n of_o silver_n of_o england_n and_o that_o the_o commixture_n of_o the_o mintmaster_n have_v be_v do_v according_o so_o that_o it_o be_v find_v so_o at_o the_o cast_v out_o you_o best_o know_v what_o make_v the_o assay_n thereof_o from_o time_n to_o time_n as_o for_o your_o melt_a book_n where_o the_o allay_n be_v enter_v if_o you_o will_v charge_v the_o mintmaster_n thereby_o let_v it_o be_v do_v distinct_o for_o silver_n and_o copper_n or_o allay_v in_o his_o proper_a nature_n as_o be_v say_v before_o and_o then_o the_o controversy_n be_v end_v now_o let_v we_o come_v to_o the_o standard_n of_o the_o base_a money_n make_v for_o ireland_n i_o be_o sure_a there_o be_v not_o two_o penny_n weight_n of_o copper_n put_v in_o as_o in_o the_o sterling_a standard_n money_n silver_n take_v out_o by_o division_n o●_n the_o standard_n of_o base_a money_n but_o there_o be_v two_o penny_n weight_n of_o silver_n by_o computation_n take_v out_o in_o every_o quarter_n of_o a_o pound_n of_o silver_n which_o as_o you_o say_v be_v eight_o penny_n weight_n of_o silver_n in_o the_o pound_n weight_n why_o shall_v the_o mint-master_n account_v be_v charge_v with_o this_o where_o silver_n by_o the_o division_n of_o the_o proportion_n be_v take_v out_o and_o two_o ounce_n eighteen_o penny_n weight_n be_v take_v for_o three_o ounce_n from_o the_o fire_n as_o the_o indenture_n declare_v shall_v a_o mintmaster_n commix_v and_o melt_v by_o prescription_n or_o suffer_v other_o man_n to_o melt_v it_o for_o he_o and_o yet_o be_v make_v to_o answer_v for_o the_o fineness_n of_o money_n according_a to_o a_o indent_a trial_n piece_n make_v of_o refine_a fine_a silver_n as_o you_o say_v and_o receive_v neither_o silver_n answerable_a in_o fineness_n nor_o the_o quantity_n which_o he_o ought_v to_o have_v allow_v he_o according_a to_o the_o standard_n i_o be_o sure_a that_o in_o the_o make_n of_o these_o money_n copper_n c●ea●_n waist_n of_o copper_n there_o have_v be_v above_o forty_o ounce_n of_o copper_n waste_v in_o one_o hundred_o weight_n of_o the_o money_n make_v thereof_o whereby_o the_o bullion_n be_v grow_v fine_a that_o be_v to_o say_v these_o forty_o ounce_n of_o copper_n be_v waste_v have_v leave_v the_o silver_n behind_o wherewith_o they_o be_v commix_v at_o the_o first_o and_o so_o be_v the_o say_v whole_a mass_n or_o bullion_n so_o much_o fine_a and_o rich_a in_o the_o proportion_n which_o arithmetical_a distribution_n do_v demonstrate_v unto_o i_o arithmetical_a demonstration_n arithmetical_a and_o in_o this_o ingot_a of_o course_n silver_n may_v prove_v it_o unto_o you_o let_v we_o suppose_v it_o weigh_v 16_o will_v and_o contain_v 4_o will_v of_o silver_n and_o 12_o will_v of_o copper_n and_o so_o may_v we_o say_v it_o be_v the_o four_o part_n silver_n if_o this_o ingot_a now_o shall_v be_v make_v to_o decrease_v or_o diminish_v 4_o will_v of_o copper_n and_o so_o it_o shall_v weigh_v but_o 12_o will_v and_o therein_o still_o contain_v all_o the_o four_o pound_n in_o silver_n may_v not_o we_o just_o call_v this_o to_o be_v rich_a and_o say_v it_o be_v one_o three_o part_n of_o silver_n and_o yet_o there_o be_v no_o more_o silver_n than_o before_o
have_v spend_v time_n labour_n and_o no_o small_a charge_n in_o hope_n that_o hereafter_o it_o may_v do_v good_a to_o the_o public_a house_n pawn_v house_n if_o some_o divine_a be_v move_v to_o further_a it_o the_o first_o be_v according_a to_o the_o manner_n of_o amsterdam_n to_o which_o end_n the_o substance_n of_o the_o petition_n of_o honest_a and_o religious_a man_n his_o majesty_n subject_n be_v as_o follow_v first_o that_o authority_n be_v give_v to_o a._n b._n to_o erect_v pawne-house_n in_o all_o convenient_a place_n of_o the_o realm_n of_o england_n ireland_n and_o the_o dominion_n of_o wales_n for_o and_o during_o the_o term_n of_o one_o and_o twenty_o year_n upon_o these_o condition_n that_o all_o person_n and_o person_n shall_v and_o may_v have_v at_o all_o convenient_a time_n money_n upon_o pawn_n of_o or_o upon_o all_o movable_a good_n chattel_n and_o lease_n or_o any_o thing_n which_o shall_v be_v agree_v upon_o after_o the_o rate_n of_o ten_o upon_o the_o hundred_o by_o the_o year_n that_o the_o undertaker_n may_v be_v authorise_v or_o licence_v to_o take_v for_o the_o attendance_n labour_n and_o pain_n recompense_n of_o officer_n and_o servant_n wage_n house-rent_n and_o all_o other_o charge_v incident_a thereunto_o as_o follow_v for_o register_n and_o keep_n of_o all_o pawn_n that_o do_v amount_v to_o fifty_o pound_n or_o more_o one_o farthing_n for_o every_o pound_n by_o the_o month_n for_o all_o pawn_n that_o do_v amount_v to_o ten_o pound_n or_o more_o until_o fifty_o pound_n for_o every_o pound_n one_o half_a penny_n by_o the_o month_n for_o all_o pawn_n that_o do_v not_o amount_v to_o ten_o pound_n for_o every_o pound_n one_o penny_n by_o the_o month_n for_o every_o bill_n give_v for_o pawn_n under_o ten_o pound_n one_o penny_n and_o be_v of_o ten_o pound_n or_o above_o whatsoever_o it_o come_v unto_o but_o two_o penny_n with_o such_o clause_n condition_n and_o caution_n as_o shall_v be_v requisite_a for_o the_o security_n of_o the_o say_a undertaker_n and_o agreeable_a with_o the_o law_n of_o the_o realm_n of_o england_n pay_v unto_o the_o king_n majesty_n a_o reasonable_a sum_n of_o money_n yearly_a etc._n etc._n the_o say_v allowance_n be_v inferior_a to_o the_o moderation_n of_o the_o emperor_n justinian_n his_o law_n and_o will_v be_v find_v very_o reasonable_a consider_v that_o by_o the_o toleration_n of_o usury_n politic_a man_n can_v deliver_v their_o money_n in_o very_a great_a sum_n at_o ten_o in_o the_o hundred_o free_o and_o without_o such_o trouble_n chap._n xiii_o of_o mons_fw-la pietatis_fw-la or_o bank_n of_o charity_n the_o second_o mean_a to_o suppress_v the_o bite_a usury_n of_o extortion_n upon_o the_o common_a people_n be_v by_o provide_v a_o course_n that_o they_o may_v have_v money_n upon_o pawn_n without_o pay_v any_o interest_n or_o usury_n for_o the_o loan_n of_o it_o according_a to_o the_o manner_n of_o bridge_n in_o flanders_n which_o be_v more_o please_a but_o it_o be_v not_o so_o universal_a as_o the_o pawn_n house_n be_v where_o great_a sum_n be_v to_o be_v have_v to_o accommodate_v merchant_n and_o all_o man_n to_o prevent_v the_o general_a abuse_n albeit_o it_o can_v be_v deny_v but_o that_o the_o extortion_n upon_o the_o mean_a sort_n of_o people_n be_v more_o heinous_a and_o detestable_a which_o be_v the_o cause_n that_o by_o the_o law_n of_o the_o roman_n he_o that_o take_v usury_n of_o the_o poor_a be_v more_o punish_v than_o he_o that_o do_v steal_v from_o the_o rich_a as_o be_v before_o declare_v in_o italy_n there_o be_v montes_n pietatis_fw-la that_o be_v to_o say_v mount_n or_o bank_n of_o charity_n place_n where_o great_a sum_n of_o money_n be_v by_o legacy_n give_v for_o relief_n of_o the_o poor_a to_o borrow_v upon_o pawn_n and_o to_o pay_v only_o after_o three_o or_o four_o in_o the_o hundred_o at_o the_o most_o to_o maintain_v the_o officer_n and_o to_o bear_v the_o charge_n of_o such_o a_o erect_a mount_n for_o ever_o but_o the_o manner_n of_o bridge_n as_o aforesaid_a may_v be_v think_v more_o reasonable_a pay_v the_o officer_n out_o of_o the_o contribution_n which_o by_o their_o mean_n may_v be_v much_o increase_v according_a to_o the_o order_n which_o be_v hereafter_o declare_v usury_n money_n to_o be_v give_v to_o suppress_v usury_n for_o every_o man_n be_v willing_a to_o give_v for_o the_o suppression_n of_o intolerable_a and_o abominable_a usury_n the_o rich_a that_o be_v charitable_o dispose_v will_v give_v because_o usury_n politic_a shall_v not_o be_v bite_v the_o mean_a sort_n of_o people_n will_v be_v contributory_a because_o of_o the_o commodiousnes_n of_o it_o for_o who_o will_v not_o give_v six_o penny_n or_o twelve_o penny_n every_o quarter_n of_o the_o year_n when_o he_o may_v borrow_v a_o reasonable_a sum_n of_o money_n without_o pay_v any_o use_n for_o it_o for_o one_o year_n or_o a_o long_a time_n according_a to_o occasion_n i_o be_o sure_a of_o most_o man_n inclination_n by_o a_o attempt_n make_v of_o the_o practice_n hereof_o some_o year_n since_o for_o after_o the_o name_n take_v of_o above_o 1500_o person_n that_o be_v willing_a to_o contribute_v yearly_a and_o some_o divine_n and_o other_o that_o will_v lend_v free_o 50_o will_v 100_o will_v or_o more_o for_o some_o year_n and_o some_o 500_o will_v i_o make_v a_o alphabetical_a register_n of_o they_o which_o be_v deliver_v into_o the_o hand_n of_o a_o great_a personage_n who_o as_o it_o seem_v be_v not_o worthy_a of_o the_o honour_n thereof_o but_o to_o my_o remembrance_n it_o amount_v to_o some_o 2000_o will_v for_o money_n give_v and_o to_o be_v lend_v and_o above_o six_o hundred_o pound_n yearly_a during_o the_o life_n of_o the_o benefactor_n so_o that_o no_o man_n have_v cause_n to_o doubt_v of_o the_o collection_n of_o a_o great_a stock_n for_o so_o godly_a a_o work_n if_o authority_n be_v have_v when_o this_o be_v do_v upon_o the_o only_a hope_n and_o surmise_v thereof_o to_o the_o effect_v whereof_o i_o will_v be_v willing_a still_o to_o do_v my_o best_a endeavour_n now_o the_o order_n be_v as_o follow_v order_n to_o be_v observe_v for_o the_o government_n of_o the_o mount_n of_o charity_n consist_v of_o two_o house_n within_o the_o city_n of_o london_n and_o the_o suburb_n thereof_o and_o one_o house_n at_o westminster_n where_o all_o man_n may_v borrow_v money_n in_o small_a sum_n without_o pay_v any_o use_n or_o loan_n for_o the_o same_o upon_o pawn_n to_o be_v deliver_v for_o caution_n or_o security_n of_o the_o say_a money_n according_a to_o the_o manner_n of_o bridge_n in_o flanders_n and_o other_o country_n 1_o imprimis_fw-la that_o all_o man_n of_o what_o quality_n or_o condition_n soever_o they_o be_v be_v destitute_a of_o money_n shall_v have_v money_n at_o all_o convenient_a time_n without_o pay_v any_o use_n or_o loan_n for_o the_o same_o but_o deliver_v only_o a_o pawn_n of_o any_o movable_a thing_n so_o it_o be_v not_o above_o forty_o shilling_n at_o any_o one_o time_n until_o a_o competent_a stock_n be_v raise_v for_o the_o maintenance_n of_o the_o say_a mount_n of_o charity_n for_o ever_o 2_o item_n whereas_o the_o say_a stock_n be_v raise_v and_o to_o be_v increase_v by_o mean_n of_o charitable_a and_o conscionable_a person_n which_o either_o do_v free_o lend_v money_n without_o take_v interest_n for_o the_o same_o or_o do_v free_o give_v in_o money_n and_o yearly_a contribution_n according_a to_o their_o virtuous_a disposition_n which_o money_n may_v in_o progress_n of_o time_n amount_v to_o a_o notable_a sum_n the_o treasurer_n general_a therefore_o shall_v be_v a_o man_n sufficient_a and_o of_o honest_a behaviour_n careful_a to_o appoint_v swear_v honest_a man_n upon_o surety_n to_o collect_v the_o say_v money_n and_o for_o keep_v of_o the_o pawn_n with_o their_o clerk_n and_o other_o attendant_n and_o the_o surueior_fw-fr of_o account_n shall_v be_v a_o man_n diligent_a and_o skilful_a in_o account_n all_o for_o the_o better_a encouragement_n of_o the_o say_v charitable_a giver_n and_o free_a lender_n for_o the_o advancement_n of_o this_o charitable_a work_n 3_o item_n whereas_o the_o like_a house_n call_v saint_n george_n be_v heretofore_o erect_v at_o genova_n in_o italy_n by_o noble_a knight_n bind_v in_o honour_n to_o see_v the_o people_n relieve_v from_o oppression_n bite_v usury_n and_o extortion_n which_o by_o all_o virtuous_a knight_n be_v at_o all_o time_n approve_v and_o commend_v there_o shall_v be_v keep_v one_o pair_n of_o table_n in_o every_o house_n contain_v the_o name_n of_o such_o honourable_a person_n and_o virtuous_a knight_n '_o as_o shall_v be_v yearly_a contributaries_n by_o quarterly_a payment_n during_o their_o natural_a life_n or_o lend_v any_o sum_n of_o money_n gratis_o for_o a_o time_n together_o with_o the_o name_n of_o such_o well_o dispose_v person_n as_o by_o
the_o same_o be_v direct_v do_v give_v notice_n that_o he_o will_v pay_v the_o same_o which_o do_v there_o be_v a_o end_n if_o a_o bill_n of_o exchange_n by_o contrary_a wind_n or_o other_o occasion_n be_v so_o long_o upon_o the_o way_n that_o the_o usance_n or_o the_o time_n limit_v by_o the_o bill_n be_v expire_v and_o be_v present_v to_o the_o party_n for_o the_o payment_n he_o will_v not_o pay_v the_o same_o than_o the_o notary_n do_v make_v the_o protest_v both_o for_o the_o non-acceptation_n and_o for_o the_o nonpayment_n recite_v the_o bill_n of_o exchange_n verbatim_o and_o moreover_o he_o call_v unto_o he_o some_o swear_a broker_n of_o exchange_n bill_n the_o manner_n of_o payment_n of_o a_o protest_v bill_n to_o know_v how_o the_o price_n of_o exchange_n run_v at_o usance_n for_o the_o place_n where_o the_o money_n be_v take_v up_o and_o he_o make_v of_o it_o a_o declaration_n in_o the_o protest_v according_a unto_o which_o it_o must_v be_v answer_v beyond_o the_o sea_n with_o change_n rechange_v brokeridge_n and_o all_o charge_n which_o must_v be_v pay_v according_a unto_o usance_n from_o london_n to_o the_o place_n aforesaid_a as_o for_o example_n suppose_v the_o sum_n be_v one_o hundred_o pound_n sterling_a take_v up_o at_o amsterdam_n for_o london_n payable_a at_o usance_n which_o be_v one_o month_n time_n at_o thirty_o three_o shilling_n and_o eight_o flemish_a money_n for_o one_o pound_n sterling_a for_o which_o be_v receive_v at_o amsterdam_n in_o that_o money_n one_o hundred_o sixty_o and_o eight_o pound_n six_o shilling_n and_o eight_o penny_n the_o bill_n not_o be_v pay_v here_o and_o the_o price_n of_o exchange_n be_v certify_v by_o the_o broker_n and_o the_o notary_n protest_v to_o be_v at_o thirty_o four_o shilling_n six_o penny_n from_o london_n to_o amsterdam_n hereupon_o the_o account_n be_v cast_v up_o at_o amsterdam_n according_o which_o come_v to_o one_o hundred_o seventie_o and_o two_o pound_n and_o ten_o shilling_n add_v hereunto_o brokeridge_n and_o port_n of_o letter_n here_o and_o at_o amsterdam_n and_o sometime_o factoridge_n which_o be_v together_o one_o in_o the_o hundred_o which_o amount_v to_o thirty_o and_o four_o shilling_n so_o he_o receive_v at_o amsterdam_n one_o hundred_o seventie_o four_o pound_n and_o four_o shilling_n for_o the_o payment_n of_o this_o protest_v bill_n which_o be_v five_o pound_n seventeen_o shilling_n four_o penny_n more_o than_o he_o have_v disburse_v which_o he_o pay_v for_o the_o use_n of_o the_o money_n for_o two_o month_n and_o so_o for_o other_o bill_n etc._n etc._n chap._n viii_o of_o reciprocal_a and_o double_a exchange_n exchange_n reciprocal_a exchange_n the_o like_a custom_n be_v observe_v in_o all_o reciprocal_a and_o double_a exchange_n make_v between_o merchant_n for_o several_a place_n without_o disburse_v of_o any_o money_n on_o either_o side_n where_o the_o say_v exchange_n be_v make_v but_o be_v mere_o depend_v upon_o the_o payment_n to_o be_v make_v in_o foreign_a part_n these_o exchange_n be_v either_o positive_a between_o the_o party_n or_o accidental_a the_o positive_a exchange_n have_v a_o certain_a price_n agree_v upon_o between_o both_o party_n exchange_n positive_a price_n of_o exchange_n reciprocal_o exchange_v one_o with_o another_o as_o for_o example_n a._n b._n of_o london_n have_v a_o continual_a trade_n of_o hamshire_n kersey_n for_o venice_n by_o the_o way_n of_o germany_n and_o make_v his_o return_n altogether_o by_o exchange_n c.d._n of_o london_n also_o have_v on_o the_o other_o side_n a_o continual_a trade_n for_o redding_n and_o kentish_a colour_n clothes_n for_o antuerpe_n where_o have_v make_v money_n of_o his_o clothes_n he_o cause_v the_o same_o to_o be_v make_v over_o by_o exchange_n for_o venice_n to_o be_v employ_v there_o in_o organsine_n silk_n or_o other_o commodity_n to_o be_v send_v for_o london_n these_o two_o merchant_n consider_v each_o other_o trade_n and_o the_o adventure_n of_o deliver_v their_o money_n by_o exchange_n to_o other_o beyond_o the_o sea_n wherein_o they_o must_v trust_v their_o factor_n or_o servant_n or_o they_o must_v take_v up_o the_o money_n by_o exchange_n themselves_o with_o some_o disadvantage_n do_v make_v a_o agreement_n and_o contract_n of_o exchange_n between_o they_o that_o a._n b._n shall_v cause_v from_o time_n to_o time_n for_o and_o during_o the_o term_n of_o one_o year_n all_o the_o money_n which_o he_o shall_v have_v at_o venice_n to_o be_v deliver_v to_o the_o factor_n of_o c.d._n at_o venice_n and_o the_o say_v c.d._n shall_v cause_v in_o like_a manner_n all_o the_o money_n which_o he_o have_v at_o antuerpe_n to_o be_v deliver_v to_o the_o factor_n of_o a.b._n at_o antuerpe_n who_o make_v over_o this_o money_n unto_o he_o by_o exchange_n either_o direct_o for_o london_n or_o for_o some_o other_o place_n as_o amsterdam_n or_o hamborough_n and_o so_o from_o thence_o for_o london_n profit_n observation_n of_o the_o course_n of_o exchange_n for_o the_o most_o profit_n according_a as_o he_o observe_v the_o course_n of_o exchange_n to_o be_v most_o beneficial_a for_o himself_o or_o as_o the_o factor_n if_o he_o be_v judicious_a shall_v observe_v the_o same_o for_o he_o by_o this_o agreement_n or_o contract_n the_o say_v two_o merchant_n do_v agree_v and_o conclude_v between_o they_o a_o set_v or_o positive_a price_n of_o exchange_n as_o well_o for_o venice_n as_o for_o antuerpe_n whereby_o the_o ducat_n of_o venice_n shall_v be_v rate_v at_o so_o many_o penny_n flemish_a for_o the_o money_n which_o be_v receive_v at_o antuerp_n or_o the_o pound_n flemish_n may_v be_v value_v in_o sterling_a money_n after_o a_o rate_n and_o the_o ducat_n of_o venice_n likewise_o and_o hereupon_o they_o do_v clear_v their_o account_n between_o they_o once_o a_o year_n according_o which_o sometime_o be_v do_v with_o allowance_n of_o interest_n for_o the_o discrepance_n of_o time_n if_o it_o be_v without_o bill_n of_o exchange_n and_o do_v only_o by_o letter_n of_o advice_n or_o acquittance_n of_o receipt_n to_o reckon_v by_o which_o be_v more_o usual_a in_o these_o positive_a exchange_n where_o the_o price_n be_v agree_v upon_o in_o certainty_n for_o such_o a_o time_n the_o accidental_a reciprocal_a exchange_n on_o the_o contrary_n be_v uncertain_a in_o their_o price_n price_n accidental_a exchange_n in_o price_n and_o alter_v from_o time_n to_o time_n as_o the_o course_n of_o exchange_n run_v as_o for_o example_n a._n b._n call_v unto_o he_o a_o broker_n of_o exchange_n and_o tell_v he_o that_o he_o have_v occasion_n to_o take_v up_o one_o thousand_o ducat_n for_o venice_n and_o that_o he_o be_v to_o make_v over_o the_o say_a money_n for_o antuerpe_n and_o will_v know_v the_o price_n for_o both_o place_n the_o broker_n answer_v that_o he_o will_v effect_v the_o same_o and_o that_o the_o price_n of_o venice_n be_v fifty_o and_o six_o penny_n for_o the_o ducat_n and_o for_o antuerpe_n thirty_o and_o three_o shilling_n flemish_n for_o the_o pound_n sterling_a and_o present_o after_o he_o come_v to_o a.b._n the_o merchant_n again_o and_o tell_v he_o that_o c.d._n the_o merchant_n be_v content_v to_o deliver_v he_o the_o thousand_o ducat_n for_o venice_n and_o to_o take_v up_o the_o same_o for_o he_o again_o for_o antuerpe_n either_o at_o the_o same_o price_n or_o thereabouts_o these_o thousand_o ducat_n at_o fifty_o six_o penny_n do_v amount_v to_o two_o hundred_o thirty_o and_o three_o pound_n six_o shilling_n and_o eight_o penny_n sterling_a for_o which_o c._n d._n give_v bill_n of_o exchange_n for_o antuerpe_n to_o be_v pay_v there_o at_o usance_n which_o be_v one_o month_n time_n from_o the_o date_n of_o the_o bill_n after_o the_o rate_n of_o thirty_o three_o shilling_n flemish_n for_o twenty_o shilling_n or_o one_o pound_n sterling_a and_o a.b._n give_v his_o bill_n of_o exchange_n reciprocal_o to_o c._n d._n for_o the_o thousand_o ducat_n to_o be_v pay_v at_o venice_n at_o usance_n which_o be_v three_o month_n after_o the_o date_n of_o the_o say_a bill_n and_o here_o be_v no_o money_n pay_v on_o either_o side_n at_o london_n and_o yet_o the_o bill_n of_o exchange_n say_v the_o usual_a word_n for_o the_o value_n receive_v of_o each_o other_o according_a to_o their_o agreement_n and_o both_o party_n send_v their_o bill_n of_o exchange_n for_o the_o aforesaid_a place_n not_o long_o after_o it_o fall_v out_o that_o the_o bill_n of_o exchange_n that_o c._n d._n give_v for_o antuerpe_n come_v back_o again_o by_o protest_v for_o the_o non-acceptation_n and_o not_o long_o after_o that_o another_z protest_v for_o the_o nonpayment_n of_o the_o say_a bill_n hereupon_o a.b._n come_v or_o send_v to_o c._n d._n for_o to_o have_v satisfaction_n for_o this_o bill_n of_o exchange_n deliver_v he_o for_o antuerpe_n and_o c._n d._n give_v he_o full_a satisfaction_n of_o it_o with_o the_o rechange_v and_o charge_n
they_o agree_v to_o reckon_v the_o money_n in_o exchange_n but_o at_o thirty_o shilling_n flemish_n for_o twenty_o shilling_n sterling_a and_o so_o make_v return_v each_o to_o other_o from_o time_n to_o time_n as_o money_n shall_v be_v receive_v both_o here_o and_o beyond_o the_o sea_n whereupon_o put_v the_o case_n that_o there_o be_v receive_v at_o amsterdam_n one_o thousand_o and_o five_o hundred_o pound_n flemish_n for_o cloth_n and_o at_o london_n there_o be_v receive_v one_o thousand_o pound_n sterling_a for_o velvet_n and_o silk_n which_o according_a to_o the_o say_a computation_n be_v all_o one_o in_o effect_n between_o they_o and_o may_v by_o way_n of_o rescounter_n answer_v each_o other_o in_o account_n but_o the_o merchant_n of_o amsterdam_n know_v that_o by_o reason_n of_o the_o inhaunce_n of_o the_o money_n there_o he_o can_v make_v a_o great_a gain_n to_o have_v the_o say_v one_o thousand_o pound_n to_o be_v send_v unto_o he_o in_o specie_fw-la he_o desire_v the_o londoner_n to_o send_v unto_o he_o this_o one_o thousand_o pound_n sterling_a in_o silver_n or_o gold_n coin_n royal_n of_o eight_o or_o rickx_v dollar_n whereby_o he_o shall_v profit_v fifteen_o upon_o the_o hundred_o by_o the_o mean_v aforesaid_a which_o amount_v to_o one_o hundred_o and_o fifty_o pound_n gain_n now_o the_o londoner_n have_v his_o one_o thousand_o and_o five_o hundred_o pound_n flemish_n or_o one_o thousand_o pound_n sterling_a at_o amsterdam_n can_v do_v the_o like_a because_o the_o money_n by_o the_o say_v inhaunce_v be_v receive_v there_o above_o the_o value_n so_o that_o his_o money_n must_v be_v deliver_v there_o by_o exchange_n at_o thirty_o three_o shilling_n four_o penny_n or_o under_o whereby_o he_o receive_v here_o the_o say_v 1500_o will_v flemish_n with_o no_o gain_n at_o all_o thus_o the_o account_n be_v make_v even_o between_o they_o but_o by_o these_o mean_v the_o kingdom_n be_v deprive_v of_o the_o 1000_o will_v of_o the_o merchant_n money_n send_v to_o amsterdam_n which_o do_v not_o only_o procure_v want_n of_o our_o money_n but_o cause_v also_o the_o native_a commodity_n to_o be_v undersell_v and_o the_o foreign_a commodity_n to_o be_v advance_v in_o price_n beyond_o the_o sea_n by_o plenty_n of_o money_n there_o and_o hinder_v the_o importation_n of_o bullion_n to_o prevent_v this_o the_o question_n be_v now_o whether_o it_o be_v better_a and_o more_o expedient_a to_o raise_v the_o price_n of_o exchange_n or_o the_o valuation_n of_o our_o money_n sure_o all_o man_n of_o judgement_n will_v say_v that_o the_o raise_n of_o exchange_n breed_v not_o that_o alteration_n which_o the_o inhaunce_n of_o money_n do_v to_o make_v every_o thing_n dear_a and_o to_o cause_n landlord_n and_o creditor_n to_o loose_v in_o their_o rent_n and_o contract_n and_o merchant_n of_o experience_n do_v know_v that_o we_o can_v do_v as_o they_o do_v for_o the_o inhaunce_n of_o our_o money_n here_o will_v be_v countermine_v by_o other_o nation_n who_o still_o will_v underualue_n they_o in_o exchange_n between_o we_o unless_o it_o be_v prevent_v by_o our_o own_o true_a valuation_n to_o be_v make_v know_v as_o aforesaid_a the_o author_n of_o this_o treatise_n of_o free_a trade_n do_v say_v that_o it_o be_v not_o the_o rate_n of_o exchange_n 104._o page_n 104._o but_o the_o value_n of_o money_n here_o low_a elsewhere_o high_a which_o cause_n their_o exportation_n nor_o do_v the_o exchange_n but_o the_o plenty_n and_o scarcity_n of_o money_n cause_v their_o value_n which_o be_v mere_o hysteron_fw-gr proteron_fw-gr whereunto_o i_o have_v answer_v heretofore_o viz._n argument_n three_o way_n to_o dissolve_v a_o argument_n there_o be_v three_o way_n to_o dissolve_v a_o argument_n denial_n retort_a and_o distinction_n denial_n be_v too_o hostile_a savour_v more_o of_o obstinacy_n than_o of_o art_n retortion_n be_v more_o witty_a than_o profitable_a but_o distinction_n be_v like_o mature_a remedy_n compare_v to_o purge_n which_o cleanse_v and_o feed_v but_o the_o say_a author_n do_v take_v the_o course_n of_o denial_n and_o prove_v nothing_o touch_v the_o matter_n in_o question_n money_n exchange_n compare_v to_o to_o the_o affaies_n o●_n money_n if_o money_n be_v here_o low_a and_o elsewhere_o high_a how_o be_v this_o know_v but_o by_o the_o valuation_n of_o exchange_n consider_v the_o diversity_n of_o money_n of_o several_a standard_n wherein_o the_o exchange_n be_v like_o the_o assay_v whereby_o the_o finesse_n of_o gold_n and_o silver_n be_v know_v ground_v upon_o the_o quantity_n which_o the_o exchange_n require_v according_a to_o the_o weight_n of_o fine_a silver_n &_o gold_n contain_v in_o the_o money_n of_o each_o country_n which_o be_v the_o intrinsic_a value_n &_o not_o according_a to_o extrinsicke_a valuation_n which_o be_v alter_v by_o denomination_n for_o the_o name_n of_o a_o thing_n do_v not_o alter_v the_o value_n real_o but_o the_o substance_n do_v it_o if_o it_o be_v alter_v much_o less_o do_v plenty_n or_o scarcity_n of_o money_n cause_n their_o value_n it_o be_v contrary_a to_o the_o nature_n and_o property_n of_o money_n the_o yard_n do_v measure_v the_o cloth_n but_o the_o cloth_n do_v not_o measure_v the_o yard_n to_o illustrate_v the_o premise_n by_o example_n i_o have_v heretofore_o show_v the_o consideration_n incident_a suppose_v that_o some_o merchant_n stranger_n do_v come_v over_o into_o the_o realm_n to_o buy_v a_o pack_n of_o ten_o clothes_n value_v at_o 80_o will_v sterling_a which_o they_o be_v to_o pay_v in_o gold_n and_o silver_n and_o they_o do_v not_o know_v the_o weight_n and_o fineness_n of_o their_o foreign_a coin_n which_o they_o have_v bring_v over_o hereupon_o to_o content_v both_o party_n the_o money_n on_o either_o side_n must_v be_v try_v by_o the_o subtle_a assay_n according_a to_o their_o fineness_n computate_v upon_o the_o pound_n weight_n of_o twelve_o ounce_n troy_n and_o then_o by_o weight_n they_o answer_v each_o other_o according_o and_o so_o this_o negotiation_n be_v in_o effect_n but_o a_o permutation_n of_o money_n for_o commodity_n before_o exchange_n be_v invent_v hitherto_o we_o have_v handle_v of_o the_o reformation_n of_o exchange_n for_o place_n where_o the_o basis_n of_o exchange_n or_o foundation_n be_v make_v upon_o our_o twenty_o shilling_n sterling_a that_o be_v to_o say_v when_o merchant_n beyond_o the_o sea_n deliver_v money_n there_o for_o england_n will_v cause_v the_o broker_n of_o exchange_n to_o know_v how_o much_o flemish_a or_o hamborough_n money_n merchant_n will_v give_v there_o to_o have_v twenty_o shilling_n sterling_a pay_v in_o england_n even_o as_o we_o do_v here_o to_o know_v how_o much_o in_o flemish_a money_n or_o other_o coin_n a_o merchant_n will_v give_v for_o the_o say_v twenty_o shilling_n here_o coin_n exchange_n which_o be_v make_v upon_o foreign_a coin_n by_o a_o agreement_n to_o be_v pay_v beyond_o the_o sea_n by_o bill_n of_o exchange_n but_o now_o we_o be_v to_o entreat_v of_o 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