id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
A52734	Neale, Thomas, d. 1699?	A proposal for raising a million on a fund of interest by setling one hundred thousand pounds yearly, to pay 8 per cent. for one million two hundred thousand pounds, of which the King to have a million.	1694.0		.xml	application/xml	3005	70	54	And thus the whole Two Millions and Three Hundred Thousand Pounds may be disposed by the Crown , as occasion shall require ; and when Merchants and others come to see ( which they 'll presently do ) such a safe Credit and Ease , as this way of paying and receiving Money will give them in every Case , answering Ready Money it self , with this further Advantage , That whereas Money kept by them for any occasion ( which sometimes happens many Months together ) brings them no Profit , Money thus Put out is always Ready Money for every occasion , and yet brings them in 6 per Cent. It cannot be denied , but that the King may at first Pay it all out as ready Money to whoever his Majesty has occasion to pay any Money to , who would be much more glad to take it than Tallies , to be struck upon any Tax or Revenue , not presently to come in , whatsoever : For when any Tallies are struck ( if not on a Land Tax ) they are Five per Cent. immediately worse than ready Money , because there is no way certain whereby the Person that has them can come to his Money , without hiring some Body to pay it him , at least till the Tally grows due , and must stay longer if the Money by that time be not come in to pay it ; whereas the Man that takes this sort of Payment has not only as good Security , and as good Interest for his Money ( as the Man that takes the Tally has ) but also a way certain of turning it into Money by finding a way how to pay it as such to the King , which for a very small matter at any time may be easily found .	cache/A52734.xml	txt/A52734.txt
