present
the _Stock_ is precarious.
And the same may be said, in some Measure, both of the _East-India_
Company, and the _Bank_: Which strengthens the _Reasons_ against the
_Government's_ trusting any more to _Corporation Credit_.
That _Trade_ cannot easily extend it self in this Kingdom, unless all
Corporations are ty'd down from _Dividing_ (I say) more than _Common
Interest_. Persons will never go on to encourage _Trade_, so long as a
Profit can be made by the frequent _Rise_ and _Fall_ of Stocks, the Bane
of all _Industry_.
That unless, I say, a Liberty be given to all _Bodies Corporate_ or
_Collective_, to raise Money to carry on and extend the _Trade_ of this
Kingdom, can it be thought that _Trade_ will ever increase? And without
Liberty be given to all _Bodies Corporate_ and _Collective_, to have a
_Book_, wherein every Person may _transfer_ their Properties, such
_Bodies_ will be never able to raise Money to carry on a _Trade_, or
extend it.
* * * * *
Before I conclude, I shall enlarge a little concerning the _Poor_ of our
Country; who will never be brought to Labour, so long as they are
maintain'd by the _Parish_, and suffer'd to beg about the Country, or in
the Streets.
If _proper Places_ were provided, on _Navigable Rivers_, where Land is
reasonable; with good Management, and by the Improvement of those
_Lands_, the Expence of our _Poor_ would not be so great by the one
Tenth Part of what it is, and what we now pay towards their _Relief_.
And by such a prudent Management, what an _inestimable Benefit_ would it
be to this Nation; not only by easing the Subject from that _heavy
Burthen_ or _Tax_ to the _Poor_, but by the many other _Advantages_ that
thereby the _Publick_ will receive, besides the many Hands that may be
employ'd to Profit, more than what is necessary to be appointed for
their own and _their Maintenance_?
Such an _Advantage_ would it be to the _Nation_, as would be better to
us than the Mines of _Peru_ and _Mexico_ to the _Spanish_ Monarchy. It
would introduce _Industry_, reduce _Idleness_ and _Luxury_; encourage
and promote the _Trade_ of the Kingdom, increase our _Exports_, and
lessen our _Imports_; by providing of Hands useful in making all Sorts
of Utensils, for _Army_ and _Navy_, _Soldiers_ and _Sailors_, that, when
their Country have no Service for them, they may return to their
_Livelihood_ they were bred to, and by their _honest Industry_ find
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