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parliament_n house_n king_n officer_n 2,496 5 7.4181 4 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A32833 A new discourse of trade wherein is recommended several weighty points relating to companies of merchants : the act of navigation, naturalization of strangers, and our woollen manufactures, the balance of trade, and the nature of plantations, and their consequences in relation to the kingdom, are seriously discussed and some proposals for erecting a court of merchants for determining controversies, relating to maritime affairs, and for a law for transferrance of bills of depts, are humbly offered / by Josiah Child. Child, Josiah, Sir, 1630-1699.; Culpeper, Thomas, Sir, 1578-1662. Small treatise against usury. 1693 (1693) Wing C3860; ESTC R5732 114,526 332

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a_o procure_a cause_n of_o riches_n 2._o whatever_o do_v improve_v the_o rent_n of_o farm_n must_v be_v a_o procure_a cause_n of_o riches_n 3._o whatever_o do_v increase_v the_o bulk_n of_o foreign_a trade_n must_v be_v a_o procure_a cause_n of_o riches_n 4._o whatever_o do_v multiply_v domestic_a artificer_n must_v be_v a_o procure_a cause_n of_o riches_n 5._o whatever_o do_v incline_v the_o nation_n to_o thriftiness_n must_v be_v a_o procure_a cause_n of_o riches_n 6._o whatever_o do_v employ_v the_o poor_a must_v be_v a_o procure_a cause_n of_o riches_n 7._o whatever_o do_v increase_v the_o stock_n of_o people_n must_v be_v a_o procure_a cause_n of_o riches_n now_o that_o the_o abatement_n of_o interest_n will_v advance_v the_o value_n of_o land_n i_o prove_v first_o by_o experience_n for_o certain_o anno_fw-la 1621._o the_o currant_n price_n of_o our_o land_n in_o england_n be_v twelve_o year_n purchase_v and_o so_o i_o have_v be_v assure_v by_o many_o ancient_a man_n who_o i_o have_v query_v particular_o as_o to_o this_o matter_n and_o i_o find_v it_o so_o by_o purchase_n make_v about_o that_o time_n by_o my_o own_o relation_n and_o acquaintance_n and_o i_o presume_v that_o any_o nobleman_n or_o gentleman_n of_o england_n by_o only_o command_v the_o steward_n of_o their_o manor_n to_o give_v they_o list_n out_o of_o the_o record_n of_o any_o manor_n or_o farm_n that_o their_o grandfather_n or_o father_n buy_v or_o sell_v fifty_o year_n past_a will_v find_v that_o the_o same_o farm_n to_o be_v now_o sell_v will_v yield_v one_o with_o another_o at_o least_o treble_a the_o money_n and_o in_o some_o case_n six_o time_n the_o money_n they_o be_v then_o buy_v and_o sell_v for_o which_o i_o submit_v still_o to_o the_o single_a and_o joint_a judgement_n of_o the_o honourable_a member_n of_o both_o house_n of_o parliament_n who_o be_v the_o great_a owner_n of_o our_o territory_n be_v in_o their_o private_a as_o well_o as_o in_o their_o politic_a capacity_n the_o most_o proper_a and_o experimental_a judge_n of_o ●his_fw-la case_n if_o the_o ancient_n of_o they_o will_v please_v to_o recollect_v their_o memory_n and_o the_o young_a will_v please_v to_o be_v inform_v by_o their_o elder_a servant_n and_o if_o this_o be_v so_o it_o can_v be_v deny_v but_o the_o abatement_n of_o interest_n by_o a_o law_n have_v great_o advance_v land_n in_o purchase_n as_o well_o as_o improve_v rent_n by_o meliorate_n the_o land_n themselves_o those_o improvement_n by_o marling_n lime_a drain_n etc._n etc._n have_v be_v make_v since_o money_n be_v at_o 8_o and_o 6_o per_fw-la cent_n which_o 10_o per_fw-la cent_n can_v not_o bear_v and_o to_o prove_v that_o land_n be_v then_o at_o twelve_o year_n purchase_v i_o have_v the_o write_a testimony_n of_o that_o incomparable_a worthy_a person_n sir_n thomas_n culpepper_n senior_n who_o page_z 11._o of_o his_o first_o treatise_n express_o affirm_v that_o land_n be_v then_o at_o twelve_o yea●s_n purchase_v who_o be_v himself_o a_o grave_n and_o ancient_a parliament_n man_n and_o dedicate_a his_o book_n to_o the_o then_o parliament_n whereof_o he_o be_v then_o a_o member_n can_v without_o horrible_a uncharitableness_n be_v presume_v to_o impose_v upon_o his_o country_n and_o now_o that_o our_o interest_n be_v at_o 6_o per_fw-la cent_n as_o the_o same_o worthy_a author_n do_v wise_o foresee_v i_o appeal_v to_o the_o judgement_n and_o experience_n of_o my_o country_n man_n whether_o the_o genuine_a price_n of_o our_o land_n in_o england_n now_o will_v not_o be_v 20_o year_n purchase_v be_v it_o not_o for_o accidental_a pressure_n under_o which_o it_o labour_v at_o present_a such_o as_o these_o 1._o our_o late_a great_a land_n tax_n 2._o and_o principal_o the_o late_a great_a improvement_n of_o ireland_n mention_v in_o my_o former_a treatise_n the_o consequence_n whereof_o be_v that_o that_o country_n now_o supply_v foreign_a market_n as_o well_o as_o our_o own_o plantation_n in_o america_n with_o beef_n pork_n hides_n tallow_n bread_n beer_n wool_n and_o corn_n at_o cheap_a rate_n than_o we_o can_v afford_v to_o the_o beat_v we_o out_o of_o those_o trade_n whereas_o former_o viz._n present_o after_o the_o late_a irish_a war_n many_o man_n get_v good_a estate_n by_o transport_v english_a cattle_n thither_o and_o that_o the_o improvement_n of_o ireland_n be_v the_o principal_a cause_n why_o our_o land_n in_o purchase_n rise_v not_o as_o natural_o they_o shall_v with_o the_o fall_n of_o our_o interest_n appear_v evident_o from_o the_o effect_n the_o fall_n of_o interest_n have_v have_v upon_o house_n in_o london_n where_o the_o growth_n of_o ireland_n can_v have_v no_o such_o destructive_a influence_n which_o have_v be_v so_o considerable_a that_o whosoever_o will_v please_v to_o inform_v themselves_o by_o old_a scrivener_n or_o ancient_a deed_n shall_v find_v that_o a_o house_n in_o london_n about_o fifty_o year_n past_a that_o will_v sell_v but_o for_o 300_o l._n at_o most_o will_v ready_o sell_v within_o a_o short_a time_n after_o interest_n be_v bring_v to_o 8_o per_fw-la cent_n at_o 5_o or_o 600_o l._n and_o the_o same_o house_n to_o be_v sell_v sometime_o after_o interest_n be_v bring_v to_o 6_o per_fw-la cent_n viz._n before_o and_o after_o the_o late_a dutch_a war_n will_v have_v yield_v without_o scruple_n 1000_o or_o 1200_o l._n the_o abatement_n of_o interest_n have_v have_v a_o double_a effect_n upon_o house_n by_o increase_a trade_n and_o consequent_o raise_v rent_n as_o well_o as_o increase_n the_o number_n of_o year_n purchase_v 3._o a_o three_o reason_n why_o land_n do_v not_o at_o present_a bear_v a_o exact_a proportion_n to_o 6_o per_fw-la cent_n which_o shall_v natural_o be_v twenty_o year_n be_v the_o late_a plague_n which_o do_v much_o depopulate_v this_o kingdom_n 4._o the_o late_a fire_n in_o london_n which_o have_v engage_v man_n in_o building_n in_o the_o city_n who_o otherwise_o will_v have_v be_v purchase_v in_o the_o country_n 5._o the_o unusual_a plenty_n of_o corn_n which_o have_v be_v for_o these_o three_o or_o four_o year_n pass_v in_o most_o part_n of_o christendom_n the_o like_a whereof_o have_v be_v seldom_o know_v it_o happen_v most_o common_o that_o when_o one_o country_n have_v have_v great_a plenty_n other_o have_v have_v great_a scarcity_n 6._o the_o rack_a up_o of_o rent_n in_o the_o year_n 1651._o and_o 1652._o which_o be_v present_o after_o the_o last_o abatement_n of_o interest_n a_o seven_o accidental_a reason_n why_o land_n do_v not_o sell_v at_o present_a at_o the_o rate_n it_o natural_o shall_v in_o proportion_n to_o the_o legal_a interest_n be_v that_o innovate_v practice_n of_o banker_n in_o london_n which_o have_v more_o effect_n attend_v it_o then_o most_o i_o converse_v with_o have_v yet_o observe_v but_o i_o shall_v here_o take_v notice_n of_o that_o only_a which_o be_v to_o my_o present_a purpose_n viz._n the_o gentleman_n that_o be_v banker_n have_v a_o large_a interest_n from_o his_o majesty_n for_o what_o they_o advance_v upon_o his_o majesty_n revenue_n can_v afford_v to_o give_v the_o full_a legal_a interest_n to_o all_o person_n that_o put_v money_n into_o their_o hand_n though_o for_o never_o so_o short_a or_o long_o a_o time_n which_o make_v the_o trade_n of_o usury_n so_o easy_a and_o hitherto_o safe_a that_o few_o after_o have_v find_v the_o sweetness_n of_o this_o lazy_a way_n of_o improvement_n be_v by_o continuance_n and_o success_n grow_v to_o fancy_n themselves_o secure_a in_o it_o can_v be_v lead_v there_o be_v neither_o ease_n nor_o profit_n to_o invite_v they_o to_o lay_v out_o their_o money_n in_o land_n though_o at_o 15_o year_n purchase_v whereas_o before_o this_o way_n of_o private_a banker_a come_n up_o man_n that_o have_v money_n be_v force_v ofttimes_o to_o let_v it_o lie_v dead_a by_o they_o until_o they_o can_v meet_v with_o security_n to_o their_o mind_n and_o if_o the_o like_a necessity_n be_v now_o of_o money_n lie_v dead_a the_o loss_n of_o use_n for_o the_o dead_a time_n be_v deduct_v from_o the_o profit_n of_o 6_o l._n per_fw-la cent_z communibus_fw-la annis_fw-la will_v in_o effect_n take_v off_o 1_o l._n per_fw-la cent_z per_fw-la annum_fw-la of_o the_o profit_n of_o usury_n and_o consequent_o incline_v man_n more_o to_o purchase_v land_n in_o regard_n the_o difference_n between_o usury_n and_o purchase_n will_v not_o in_o point_n of_o profit_n be_v so_o great_a as_o now_o it_o be_v this_o new_a invention_n of_o cashe●ing_n have_v in_o my_o opinion_n clear_o better_v the_o usurer_n trade_n 1_o or_o 2_o per_fw-la cent_z per_fw-la annum_fw-la and_o that_o this_o way_n of_o leave_v money_n with_o goldsmith_n have_v have_v the_o aforesaid_a effect_n seem_v evident_a to_o i_o from_o the_o scarcity_n it_o make_v of_o money_n in_o the_o country_n for_o the_o trade_n of_o banker_n be_v only_o in_o london_n
end_n of_o the_o law_n and_o the_o perfect_a execution_n of_o his_o off●ice_n that_o be_v suppose_v he_o shall_v carry_v this_o poor_a wretch_n to_o a_o justice_n of_o the_o peace_n and_o he_o shall_v order_v the_o delinquent_n to_o be_v whip_v and_o send_v from_o parish_n to_o parish_n to_o the_o place_n of_o her_o birth_n or_o last_o abide_v which_o not_o one_o justice_n of_o twenty_o through_o pity_n or_o other_o cause_n will_v do_v even_o this_o be_v a_o great_a charge_n upon_o the_o country_n and_o yet_o the_o business_n of_o the_o nation_n itself_o whole_o undo_v for_o no_o soon_o do_v the_o delinquent_n arrive_v at_o the_o place_n assigne●_n but_o for_o shame_n or_o idleness_n she_o present_o desert_n it_o and_o wander_v direct_o back_o or_o some_o other_o way_n hope_v for_o better_a fortune_n whilst_o the_o parish_n to_o which_o she_o be_v send_v know_v she_o a_o lazy_a and_o perhaps_o a_o worse_o quality_v person_n be_v as_o willing_a to_o be_v rid_v of_o she_o as_o she_o be_v to_o be_v go_v from_o thence_o if_o it_o be_v here_o retort_v upon_o i_o that_o by_o my_o own_o confession_n much_o of_o this_o mischief_n happen_v by_o the_o non_fw-la or_o ill_a execution_n of_o the_o law_n i_o say_v better_a execution_n than_o you_o have_v see_v you_o must_v not_o expect_v and_o there_o be_v never_o a_o good_a law_n make_v that_o be_v not_o well_o execute_v the_o fault_n of_o the_o law_n cause_v a_o failure_n of_o execution_n it_o be_v natural_a to_o all_o man_n to_o use_v the_o remedy_n next_o at_o hand_n and_o rest_v satisfy_v with_o shift_v the_o evil_a from_o their_o own_o door_n which_o in_o regard_n they_o can_v so_o easy_o do_v by_o threaten_v or_o thrust_v a_o poor_a body_n out_o of_o the_o verge_n of_o their_o own_o parish_n it_o be_v unreasonable_a and_o vain_a to_o hope_v that_o ever_o it_o will_v be_v otherwise_o for_o the_o law_n against_o inmate_n and_o empower_v the_o parishioner_n to_o take_v security_n before_o they_o suffer_v any_o poor_a person_n to_o inhabit_v among_o they_o it_o may_v be_v they_o be_v prudent_a constitution_n at_o the_o time_n they_o be_v make_v and_o before_o england_n be_v a_o place_n of_o trade_n and_o may_v be_v so_o still_o in_o some_o country_n but_o i_o be_o sure_a in_o city_n and_o great_a town_n of_o trade_n they_o be_v altogether_o improper_a and_o contrary_a to_o the_o practice_n of_o other_o city_n and_o trade_n town_n abroad_o the_o riches_n of_o a_o city_n as_o of_o a_o nation_n consist_v in_o the_o multitude_n of_o inhabitant_n and_o if_o so_o you_o must_v allow_v inmate_n or_o have_v a_o city_n of_o cottage_n and_o if_o a_o right_a course_n be_v take_v for_o the_o sustentation_n of_o the_o poor_a and_o set_v they_o on_o work_n you_o need_v invent_v no_o stratagem_n to_o keep_v they_o out_o but_o rather_o to_o bring_v they_o in_o for_o the_o resort_n of_o poor_a to_o a_o city_n or_o nation_n well_o manage_v be_v in_o effect_n the_o cons●●x_n of_o riches_n to_o that_o ●ity_n or_o nation_n and_o therefore_o the_o subtle_a dutch_a receive_v and_o relieve_v or_o employ_v all_o that_o come_v to_o they_o not_o inquire_v what_o nation_n much_o less_o what_o parish_n they_o be_v of_o question_v 3._o the_o three_o question_n if_o the_o defect_n be_v in_o our_o law_n how_o shall_v we_o find_v a_o remedy_n that_o may_v be_v rational_a and_o consistent_a this_o i_o confess_v be_v a_o hard_a and_o difficult_a question_n it_o be_v one_o of_o the_o ardua_fw-la regni_fw-la and_o may_v very_o well_o deserve_v the_o most_o deliberate_a consideration_n of_o our_o wise_a counsellor_n and_o if_o a_o whole_a session_n of_o parliament_n be_v employ_v on_o this_o singular_a concern_n i_o think_v it_o will_v be_v time_n spend_v as_o much_o to_o the_o glory_n of_o god_n and_o good_a of_o this_o nation_n as_o in_o any_o thing_n that_o noble_a and_o worthy_a patriot_n of_o their_o country_n can_v be_v engage_v in_o but_o see_v i_o have_v adventure_v thus_o far_o i_o shall_v humble_o proceed_v to_o offer_v some_o general_a proposal_n that_o have_v a_o tendency_n towards_o the_o effect_n this_o great_a work_n which_o be_v serious_o think_v of_o and_o debate_v by_o wise_a man_n may_v be_v capable_a of_o such_o melioration_n as_o may_v render_v they_o in_o a_o great_a measure_n effectual_a to_o the_o kingdom_n in_o general_n although_o at_o present_a to_o prevent_v that_o common_a objection_n that_o great_a mutation_n be_v dangerous_a i_o shall_v only_o propose_v they_o to_o be_v experiment_a in_o these_o part_n of_o the_o kingdom_n which_o be_v the_o vital_n of_o our_o body_n politic_a which_o be_v once_o make_v sound_n the_o care_n of_o the_o rest_n will_v not_o be_v difficult_a proposition_n 1._o first_o then_o i_o propose_v that_o the_o city_n of_o london_n and_o westminster_n burrough_n of_o southwark_n and_o all_o other_o place_n within_o the_o usual_a line_n of_o communication_n describe_v in_o the_o weekly_a bill_n of_o mortality_n may_v by_o act_n of_o parliament_n be_v associate_v into_o one_o province_n or_o line_n of_o communication_n for_o relief_n of_o the_o poor_a 2._o that_o there_o be_v one_o assembly_n of_o man_n and_o such_o as_o they_o shall_v from_o time_n to_o time_n appoint_v and_o deputise_v entrust_v with_o the_o care_n for_o and_o treasure_n of_o all_o the_o poor_a within_o the_o say_v pale_a or_o line_n of_o communication_n 3._o that_o the_o say_a assembly_n be_v incorporate_v by_o act_n of_o parliament_n with_o perpetual_a succession_n by_o the_o name_n of_o father_n of_o the_o poor_a or_o some_o other_o honourable_a and_o significant_a title_n 4._o that_o all_o constable_n churchwarden_n overseer_n or_o other_o officer_n in_o all_o parish_n within_o the_o say_a line_n be_v subordinate_a and_o accountable_a to_o the_o say_a father_n of_o the_o poor_a and_o their_o deputy_n for_o and_o in_o all_o thing_n relate_v to_o the_o poor_a 5._o that_o the_o say_a father_n of_o the_o poor_a may_v have_v liberty_n to_o assess_v and_o receive_v into_o their_o common_a treasury_n for_o relief_n of_o their_o poor_a so_o much_o money_n from_o every_o parish_n as_o they_o yearly_o pay_v to_o that_o purpose_n any_o of_o the_o three_o year_n precede_v this_o constitution_n and_o to_o compel_v the_o payment_n thereof_o but_o not_o of_o more_o 6._o that_o the_o say_a father_n of_o the_o poor_a and_o their_o deputy_n may_v have_v very_o large_a and_o sufficient_a power_n in_o all_o thing_n relate_v to_o the_o poor_a and_o particular_o to_o have_v and_o receive_v the_o charitable_a benevolence_n of_o all_o person_n once_o every_o lord_n day_n in_o every_o parish-church_n and_o in_o any_o other_o meet_v of_o pious_a christian_n and_o at_o any_o other_o time_n or_o time_n which_o they_o shall_v think_v fit_a 7._o that_o the_o say_a father_n of_o the_o poor_a and_o such_o as_o they_o shall_v authorise_v may_v have_v power_n to_o purchase_v land_n erect_v and_o endow_v work-house_n hospital_n and_o house_n of_o correction_n and_o to_o exercise_v all_o other_o power_n relate_v to_o the_o poor_a that_o any_o number_n of_o justice_n of_o the_o peace_n now_o may_v do_v in_o their_o quarter-session_n or_o otherwise_o 8._o that_o the_o say_a father_n of_o the_o poor_a may_v have_v power_n to_o send_v such_o poor_a beyond_o the_o sea_n as_o they_o shall_v think_v fit_a into_o his_o majesty_n plantation_n take_v security_n for_o their_o comfortable_a maintenance_n during_o their_o service_n and_o for_o their_o freedom_n afterward_o 9_o that_o the_o say_a father_n of_o the_o poor_a may_v have_v power_n to_o erect_v petty_a bank_n and_o lumbards_n for_o the_o benefit_n of_o the_o poor_a if_o they_o shall_v find_v it_o convenient_a and_o also_o to_o receive_v the_o one_o half_a of_o what_o be_v pay_v at_o all_o the_o door_n of_o playhouse_n and_o have_v the_o patent_n for_o farthing_n and_o to_o do_v whatever_o else_o his_o majesty_n and_o the_o parliament_n shall_v think_v fit_a to_o recommend_v to_o they_o or_o leave_v to_o their_o discretion_n 10._o that_o the_o treasure_n that_o shall_v be_v collect_v for_o this_o purpose_n be_v account_v sacred_a and_o that_o it_o be_v felony_n to_o misapply_v conceal_v lend_v or_o convert_v it_o to_o any_o other_o use_n or_o purpose_n whatsoever_o 11._o that_o there_o be_v no_o oath_n or_o other_o test_n impose_v upon_o the_o say_a father_n of_o the_o poor_a at_o their_o admission_n to_o bar_v our_o nonconformist_n among_o who_o there_o will_v be_v find_v some_o excellent_a instrument_n for_o this_o good_a work_n and_o such_o as_o will_v constant_o attend_v it_o for_o if_o they_o be_v keep_v out_o the_o people_n will_v be_v cold_a in_o their_o charity_n and_o in_o their_o hope_n of_o the_o success_n 12._o that_o the_o say_a father_n of_o the_o poor_a may_v constant_o wear_v some_o honourable_a meddal_n such_o
bag_n when_o the_o plaintiff_n and_o defendant_n have_v tire_v their_o body_n distract_v their_o mind_n and_o consume_v their_o estate_n the_o cause_n if_o ever_o it_o be_v end_v be_v common_o by_o order_n of_o that_o court_n refer_v to_o merchant_n end_v miserable_o where_o it_o may_v have_v have_v at_o first_o a_o happy_a issue_n if_o it_o have_v begin_v right_o from_o whence_o follow_v these_o national_a inconvenience_n 1._o it_o be_v a_o vaest_a expense_n to_o the_o person_n concern_v 2._o it_o take_v off_o man_n from_o follow_v their_o calling_n to_o the_o public_a loss_n as_o well_o as_o the_o particular_a damage_n of_o the_o concern_v that_o time_n be_v lose_v to_o the_o nation_n that_o be_v spend_v in_o law-suit_n 3._o it_o make_v man_n after_o they_o have_v once_o attain_v indifferent_a estate_n to_o leave_v trading_n and_o for_o ease_n to_o turn_v country-gentlemen_a whereas_o great_a and_o experience_a man_n be_v the_o only_a person_n that_o must_v mate_v the_o dutch_a in_o trade_n if_o ever_o we_o do_v it_o 4._o it_o be_v my_o opinion_n a_o great_a cause_n of_o the_o prodigality_n idleness_n and_o injustice_n of_o many_o of_o our_o master_n of_o ship_n in_o england_n and_o consequent_o a_o wonderful_a bar_n to_o the_o growth_n of_o our_o english_a navigation_n who_o know_v that_o their_o owner_n can_v legal_o eject_v they_o especial_o if_o the_o master_n have_v a_o part_n of_o the_o ship_n himself_o but_o that_o remedy_n to_o the_o owner_n will_v be_v worse_o than_o the_o disease_n which_o occasion_n master_n to_o presume_v to_o do_v those_o thing_n and_o be_v guilty_a of_o such_o neglect_v as_o natural_o they_o will_v not_o if_o they_o stand_v more_o upon_o their_o good_a behaviour_n i_o can_v say_v much_o more_o of_o the_o damage_n this_o nation_n sustain_v by_o the_o want_n of_o a_o law-merchant_n but_o that_o be_v so_o evident_a to_o all_o man_n experience_n that_o i_o shall_v not_o long_o insist_v upon_o it_o but_o proceed_v humble_o to_o propose_v some_o particular_n which_o be_v due_o consider_v may_v peradventure_o by_o wise_a head_n be_v improve_v towards_o the_o cure_n of_o this_o evil_a viz._n 1._o that_o it_o be_v enact_v that_o there_o shall_v be_v erect_v within_o the_o city_n of_o london_n a_o stand_a court-merchant_n to_o consist_v of_o twelve_o able_a merchant_n such_o as_o shall_v be_v choose_v by_o the_o livery_n man_n of_o the_o say_a city_n in_o their_o common_a hall_n at_o the_o time_n and_o in_o the_o manner_n herein_o after_o limit_v and_o appoint_v 2._o that_o the_o say_v twelve_o person_n so_o to_o be_v elect_v or_o any_o three_o or_o more_o of_o they_o sit_v at_o the_o same_o time_n and_o place_n and_o not_o otherwise_o shall_v be_v account_v judiciary_n merchant_n and_o authorize_v to_o hear_v and_o determine_v all_o difference_n and_o demand_n whatsoever_o which_o have_v arisen_a and_o be_v not_o hitherto_o determine_v or_o may_v any_o way_n arise_v between_o merchant_n tradesman_n artificer_n master_n and_o owner_n of_o ship_n seaman_n boat-man_n and_o freighter_n of_o ship_n or_o any_o other_o person_n have_v relation_n to_o merchandize_v trade_n or_o ship_n for_o or_o concern_v any_o account_n or_o account_n of_o merchant_n freight_n of_o ship_n or_o good_n bill_n or_o bill_n of_o exchange_n or_o bill_n of_o bottomry_n or_o bumery_n or_o for_o work_n do_v upon_o or_o material_n deliver_v to_o the_o use_n of_o any_o ship_n or_o money_n due_a for_o sale_n of_o good_n or_o any_o other_o thing_n relate_v to_o trade_n or_o ship_n 3._o that_o any_o three_o or_o more_o of_o they_o as_o the_o judge_n late_o do_v at_o clifford_n inn_n may_v proceed_v sumary_o to_o the_o hear_n and_o determine_v of_o any_o such_o difference_n and_o that_o their_o sentence_n shall_v be_v final_a from_o which_o there_o shall_v be_v no_o appeal_n or_o review_n otherwise_o then_o as_o be_v hereafter_o mention_v nor_o any_o writ_n of_o error_n lie_v for_o the_o removal_n or_o reversal_a of_o the_o same_o 4._o that_o they_o or_o any_o three_o of_o they_o may_v so_o issue_v ou●_n summon_v for_o ●●●●vening_n all_o person_n before_o they_o a●_n the_o judge_n do_v etc._n etc._n 5._o that_o they_o be_v a_o co●●e_n of_o record_n a●_n the_o judge_n be_v etc._n etc._n 6._o that_o they_o take_v ●othing_v for_o their_o own_o pain_n direct_o or_o indirect_o bu●_n six_o pe●ce_n each_o for_o sign_v every_o final_a order_n in_o every_o cause_n whereof_o the_o value_n of_o the_o money_n to_o be_v pay_v do_v not_o exceed_v 10_o l._n and_o 12_o d._n for_o all_o cause_n not_o exceed_v 100_o l._n and_o only_o 2_o s._n each_o for_o all_o cause_n exceed_v the_o value_n of_o 100_o l._n the_o say_v fee_n to_o be_v due_a and_o payable_a only_o to_o such_o and_o so_o many_o of_o the_o say_a judiciary_n merchant_n as_o hear_v the_o say_a cause_n and_o cause_n and_o sign_v the_o judgement_n or_o final_a decree_n in_o they_o 7._o that_o for_o reward_n to_o officer_n the_o judiciary_n merchant_n do_v constitute_v a_o table_n of_o reasonable_a fee_n to_o be_v confirm_v by_o the_o two_o lord_n cheif-justice_n and_o lord_n chief_a baron_n of_o the_o exchequer_n 8._o tha●_n in_o any_o case_n determine_v by_o a_o less_o number_n than_o seven_o of_o the_o say_a judiciary_n merchant_n there_o may_v be_v a_o appeal_n to_o seven_o or_o more_o as_o be_v late_o practise_v in_o the_o aforementioned_a judicature_n 9_o that_o they_o may_v have_v power_n to_o levy_v execution_n upon_o estate_n real_a or_o personal_a with_o such_o restriction_n as_o the_o parliament_n shall_v please_v to_o appoint_v 10._o that_o the_o extent_n of_o the_o jurisdiction_n of_o the_o say_a court_n shall_v be_v to_o all_o place_n within_o ten_o mile_n of_o london_n or_o only_o to_o the_o late_a line_n of_o communication_n as_o the_o parliament_n shall_v think_v fit_a 11._o that_o the_o say_a judiciary_n merchant_n and_o their_o officer_n before_o they_o exercise_v their_o authority_n take_v such_o oath_n as_o the_o parliament_n shall_v please_v to_o appoint_v 12._o that_o if_o any_o of_o the_o judiciary_n merchant_n be_v prosecute_v for_o exercise_v any_o of_o the_o power_n that_o shall_v be_v commit_v to_o they_o they_o may_v plead_v the_o general_a issue_n and_o give_v the_o act_n in_o evidence_n for_o their_o defence_n 13._o that_o no_o writ_n or_o writ_n of●●persedeas_fw-la ●●persedeas_z certiorary_a or_o injunction_n out_o of_o any_o of_o his_o majesty_n court_n shall_v supercee_v or_o stay_v execution_n etc._n etc._n 14._o the_o act_n to_o continue_v probationary_o so_o long_o as_o the_o parliament_n shall_v think_v fit_a 15._o that_o the_o twelve_o 〈◊〉_d merchant_n shall_v be_v choose_v yearly_o by_o 〈◊〉_d the_o freeman_n that_o be_v livery-man_n of_o london_n in_o the_o guild-hall_n of_o the_o say_a city_n o●_n by_o so_o many_o of_o they_o as_o shall_v be_v present_a at_o such_o election_n upon_o every_o monday_n yearly_o next_o before_o the_o feast_n day_n of_o st_n michael_n or_o as_o the_o parliament_n shall_v appoint_v in_o manner_n follow_v every_o livery-man_n then_o present_a to_o deliver_v unto_o any_o two_o such_o alderman_n and_o four_o commoner_n as_o the_o lord_n mayor_n and_o court_n of_o alderman_n for_o the_o time_n be_v shall_v appoint_v to_o take_v the_o 〈◊〉_d or_o scrutiny_n of_o election_n a_o paper_n contain_v the_o name_n of_o such_o twelve_o person_n as_o he_o think_v best_a to_o be_v elect_v for_o the_o purpose_n aforesaid_a set_v his_o the_o say_a elector_n own_o name_n on_o the_o backside_n of_o the_o say_a paper_n and_o the_o next_o monday_n after_o in_o the_o say_a guild-hall_n the_o say_v two_o alderman_n and_o four_o commoner_n or_o so_o many_o of_o they_o as_o shall_v have_v take_v the_o scrutin●y_n shall_v public_o declare_v unto_o the_o lord_n mayor_n aldermen_z and_z commoners_z then_o present_a who_o be_v the_o twelve_o person_n choose_v by_o the_o majority_n of_o vote_n and_o how_o many_o vote_n each_o of_o they_o have_v 16._o if_o it_o happen_v that_o any_o of_o the_o judiciary_n merchant_n die_v before_o the_o end_n of_o the_o year_n or_o refuse_v to_o undertake_v the_o trust_n it_o be_v lawful_a for_o the_o livery-man_n to_o choose_v another_o or_o other_o toties_fw-la quoties_fw-la and_o the_o lord_n mayor_n be_v enjoin_v to_o summon_v common-hall_n to_o that_o purpose_n 17._o that_o every_o year_n six_o of_o the_o old_a judiciary_n merchant_n go_v off_o in_o course_n and_o be_v uncapable_a of_o be_v re-elected_n and_o six_o now_o one_o choose_v in_o their_o stead_n viz._n all_o the_o twelve_o to_o be_v re-chosen_a but_o only_o six_o of_o the_o old_a one_o that_o have_v the_o most_o voice_n to_o hold_v next_o year_n although_o more_o of_o they_o shall_v happen_v to_o be_v elect_v for_o the_o next_o year_n object_n 1._o the_o many_o objection_n that_o i_o can_v foresee_v will_v be_v