ially by one great
additional advantage, which I shall soon mention.

This sum of _2,428,800l._ must likewise be sunk very considerably,
because the lands are to be sold only at fifteen years' purchase, and
this lessens the sum to about _1,656,000l._ of which I propose twelve
hundred thousand pounds to be applied partly for the payment of the
national debt, and partly as a fund for future exigencies, and the
remaining _456,000l._ I propose as a fund for paying the present set of
bishops their fines, which it will abundantly do, and a great part
remain as an addition to the public stock.

Although the bishops round do not in reality receive three fines
a-piece, which take up 21 years, yet I allow it to be so; but then I
will suppose them to take but one year's rent, in recompense of giving
them so large a term of life, and thus multiplying _36,800l._ by 3 the
product will be only _110,400l._ so that above three-fourths will remain
to be applied to public use.

If I have made wrong computations, I hope to be excused, as a stranger
to the kingdom, which I never saw till I was called to an employment,
and yet where I intend to pass the rest of my days; but I took care to
get the best information I could, and from the most proper persons;
however, the mistakes I may have been guilty of, will very little affect
the main of my proposal, although they should cause a difference of one
hundred thousand pounds more or less.

These fines, are only to be paid to the bishop during his incumbency in
the same see; if he changeth it for a better, the purchasers of the
vacant see lands, are to come immediately into possession of the see he
hath left, and both the bishop who is removed, and he who comes into his
place, are to have no more fines, for the removed bishop will find his
account by a larger revenue; and the other see will find candidates
enough. For the law maxim will here have place, that _caveat_, &c. I
mean the persons who succeed may choose whether they will accept or no.

As to the purchasers, they will probably be tenants to the see, who are
already in possession, and can afford to give more than any other
bidders.

I will further explain myself. If a person already a bishop, be removed
into a richer see, he must be content with the bare revenues, without
any fines, and so must he who comes into a bishopric vacant by death:
And this will bring the matter sooner to bear; which if the Crown shall
think fit to counten