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Defence of Several Proposals for Raising Three Millions for the Service of the Government for the Year 1746




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Hersteller:Forgotten Books (Barnard, John)
Stand:2015-08-04 03:50:33

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Excerpt from Defence of Several Proposals for Raising Three Millions for the Service of the Government for the Year 1746: With a Postscript, Containing Some Notions Relating to Publick Credit Times they were printed; also the Supplement to the Second Proposal, together with a short Narrative of my Proceeding, and shall afterwards take notice of some Parts of the Letter: But that the Reader may have the clearer Notion of my Behaviour, I think it best to begin my Narrative a little higher than the Commencement of the Dispute in question; and to publish a Paper relating to Gold and Silver Plate, which was wrote, and communicated, in the Month pf January: This, I think, is made in some degree necessary, by the Treatment it met with in a certain Place, when no ways under Consideration; and may serve as an Answer to some Insinuations scattered through the Letter. As I am one of the Representatives of the People of Great Britain, I know they have a Right to judge of my Behaviour in Parliament; and to their Judgment I shall freely submit myself. When I first heard of the Proposal which was made in the General Court of the Bank, for lending One Million on the Land and Malt Taxes, I thought the Terms very hard on the Publick; and was much concerned, that the Bank should do a thing, which could not but add to the Difficulties, which were full great before. It was easy to fee, that the Call of 10 per Cent. on their Capital of about 9,800,000 I. would occasion a Fall of their Stock, as well as other publick Funds, and would forestall the Government, when it should have Occasion to raise Money by new-created Funds. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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