Proposals humbly offered to the Honourable the Knights, Citizens, and Burgesses in Parliament Assembled, for the setling a Fund for Fifteen Years, for the raising of Two Millions of Pounds Sterling, towards the carrying on the VVar against France with Vigour.
| l. | s. | d. | |
| Two hundred thousand that may be born at Ten Shillings. | 100000 | 00 | |
| Twenty thousand Weadings at Twenty Shillings. | 40000 | 00 | |
| Two hundred thousand that may be buried at Twenty Shillings. | 200000 | 00 | |
| Pounds Yearly, | 340000 | 00 | 00 |
TO Answer the above Rates its humbly Proposed, That all Degrees of the Nobility from a Duke to a Barron Inclusive to pay for each they have born Fifty Shillings, on their own Marriage Ten Pounds, on their Burial Ten Pounds.
The Children of any of the Nobility that have any Children Born, to pay for each Twenty Shillings, on their own Marriage Five Pounds, at their Funeral Five Pounds more.
All Barronets, Knights, Judges, Sergeants at Law, Doctors of Divinity, Phyfick or Law, Aldermen, Esquires (by Birth, or Place) Merchants and whole-sale Trades-men on their Marriage Five Pounds. on the Birth of their Children Fifteen Shillings, at their Burial Five Pounds.
All Gentlemen or Women, at their Birth Ten Shillings, Marriage Twenty Shillings, Burial Twenty Shillings.
All Free-holders, Farmers and Trades-men, at Marriage Ten Shillings, at the Birth of any Child Five Shillings. at their Funeral to be paid Ten Shillings.
All others Two Shillings six Pence Born, Five Shillings Married, Five Shillings Buried, the Poor excepted.
| l. | s. | d. | |
| Two Millions of Money lent at 16 per Cent is Yearly | 320000 | 00 | |
| For the Charges and to supply if fall short | 20000 | 00 | |
| The Advantage to the Persons that lend this Money proved thus | 34000 | 00 | |
| 100 l. lent at 8 per Cent for 15 Years, the Interest is | 120 | 00 | 00 |
| The Principle Repaid | 100 | 00 | 00 |
| 220 | 00 | 00 | |
| Fifteen Years Interest at 16 per Gent. per Annum is | 240 | 00 | 00 |
The Money lent on this Fund to be made Transferrable by an Office for that purpose, and 2 s. 6 d for every 100 l. to have paid for the maintaining it, when the same is as good as Cash to the lender of it.
By the above Compute of the Number, One Fifth is left out for the Poor, to excuse their being Taxed any thing.
If the Interest of 16 per Cent. for 15 Years be esteemed too high an Interest, it may be regulated as you in your Wisdoms shall see convenient.
This method of Raising Money will sink the Principle, and not leave a perpetual Tax on the Nation.