Proposal, by Doctor Hugh Chamberlen for a land credit presented to the Parliament by the committee to whom it was referred to be considered. Chamberlen, Hugh. This text is an enriched version of the TCP digital transcription B01983 of text R171144 in the English Short Title Catalog (Wing C1881). Textual changes and metadata enrichments aim at making the text more computationally tractable, easier to read, and suitable for network-based collaborative curation by amateur and professional end users from many walks of life. The text has been tokenized and linguistically annotated with MorphAdorner. The annotation includes standard spellings that support the display of a text in a standardized format that preserves archaic forms ('loveth', 'seekest'). Textual changes aim at restoring the text the author or stationer meant to publish. This text has not been fully proofread Approx. 3 KB of XML-encoded text transcribed from 1 1-bit group-IV TIFF page image. EarlyPrint Project Evanston,IL, Notre Dame, IN, St. Louis, MO 2018 B01983 Wing C1881 ESTC R171144 52614555 ocm 52614555 175790 2240890379

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Early English books online. (EEBO-TCP ; phase 1, no. B01983) Transcribed from: (Early English Books Online ; image set 175790) Images scanned from microfilm: (Early English Books, 1641-1700 ; 2751:9) Proposal, by Doctor Hugh Chamberlen for a land credit presented to the Parliament by the committee to whom it was referred to be considered. Chamberlen, Hugh. Scotland. Parliament. 1 sheet ([1] p.) s.n., [Edinburgh : 1700?] Caption title. Imperfect: right side cropped, with loss of text. Reproduction of original in: National Library of Scotland. eng Land banks -- Scotland -- Early works to 1800. Agricultural credit -- Scotland -- Early works to 1800. Broadsides -- Scotland -- 17th century. eebo Proposal, by Doctor Hugh Chamberlen for a land credit : presented to the Parliament by the committee to whom it was referred to be considered. Chamberlen, Hugh 1700 1 463 1 0 0 0 0 0 21.6 C The rate of 21.6 defects per 10,000 words puts this text in the C category of texts with between 10 and 35 defects per 10,000 words. 2008-03 Assigned for keying and markup 2008-05 Keyed and coded from ProQuest page images 2008-06 Sampled and proofread 2008-06 Text and markup reviewed and edited 2008-09 Batch review (QC) and XML conversion
PROPOSAL , By Doctor Hugh Chamberlen , For a Land Credit , presented to the Parliament , By the Committee , to whom it was referred to be Considered .

PRimo , That by an Act of Parliament , The Sum of 300000 lib. sterling , should be struck , and made current in Talleys or Notes , of different Denominations .

Secundo , That an Office , consisting of privat Persons , should be appointed by the Parliament , for lending these Talleys out at 5 percent , upon the best Land Securitie .

Tertio , That the principal Sums borrowed in these Talleys , shall never be repayed , only the Lands of such who borrow , shall be burdened with the said 5 per cent interest , for the space of 25 years .

Quarto . That four of the said five per cent interest , payed yearly in Talleys shall be destroyed by the Office , so that at the end of 25 years or thereby , there shall not be one Talley in the Kingdom .

Quinto . That one per cent of the said five of Interest , should be imployed for defraying the necessary Charge of the Office ; Or , otherwise , as the Parliament shall think Convenient .

An Example of this Proposal :

IF 300000 lib. sterling in Talleys , be lent out at five per cent Interest , Then this Interest will Extend to 15000 lib. sterling yearly , of which 15000 lib. sterling . The Sum of 12000 lib: sterling being 4 of the said five per cent shall be payed in Talleys and yearly destroyed by the Office , but the remaining 3000 lib. being one of the said 5 percent , shall go for defraying the necessary Charges of the Office .

The Heretors who borrow the said 300000 lib. sterling , shall continue paying punctually the said 5 per cent Interest for the same , during the space of 25 years , at the end of which Term their Land shall be free , and the principal shall never be returned , for by destroying the foresaid 12000 lib. sterling yearly of the Talleys , all shall be returned in the foresaid space of 25 years , because 12000 multiplyed by 25● makes 300000. which is the compleat Sum of the Talleys .

The Honourable Estates of Parliament , may be pleased here to observe That the Doctor does not limit this Proposal to a certain definit Sum , nor to a certain limited time ; for the Parliament , if they think it proper , may condescend upon any Sum , greater , or lesser , to be repayed within any Term of years .