A
PROPOSAL
For
the
Raising
Two
Millions
of
Money
,
after
the
Rate
of
Fourteen
Pounds
per Cent
.
for
One
Life
,
or
Lease
of
Forty
Years
,
which
shall
expire
first
.
Most
Humbly
offered
to
the
Consideration
of
the
Honourable
House
of
Commons
.
THAT
there
be
given
out
by
His
Majesty's
Commissioners
to
any
Persons
,
Natives
,
or
Foreigners
,
Ten
hundred
Thousand
Tickets
at
Forty
Shillings
a
Ticket
,
which
will
raise
Two
Millions
.
That
a
FUND
of
Two
Hundred
and
Eighty
Thousand
Pounds
per
Annum
,
for
Forty
Years
,
be
vested
in
His
Majesty
,
&c.
to
pay
the
following
Benefits
;
viz.
|
1
of
|
1000
l.
yearly
|
1000
l.
|
|
1
of
|
600
l.
yearly
|
600
l.
|
|
4
each
of
|
500
l.
yearly
|
2000
l.
|
|
5
each
of
|
400
l.
yearly
|
2000
l.
|
|
6
each
of
|
300
l.
yearly
|
1800
l.
|
|
10
each
of
|
200
l.
yearly
|
2000
l.
|
|
50
each
of
|
100
l.
yearly
|
5000
l.
|
|
100
each
of
|
50
l.
yearly
|
5000
l.
|
|
200
each
of
|
40
l.
yearly
|
8000
l.
|
|
500
each
of
|
35
l.
yearly
|
17500
l.
|
|
600
each
of
|
30
l.
yearly
|
18000
l.
|
|
700
each
of
|
25
l.
yearly
|
17500
l.
|
|
800
each
of
|
20
l.
yearly
|
16000
l.
|
|
900
each
of
|
15
l.
yearly
|
13500
l.
|
|
1000
each
of
|
10
l.
yearly
|
10000
l.
|
|
2000
each
of
|
5
l.
yearly
|
10000
l.
|
|
25000
each
of
|
2
l.
yearly
|
50000
l.
|
|
100000
each
of
|
1
l.
yearly
|
100000
l.
|
|
131877
|
|
|
|
To
the
First
Ticket
drawn
,
besides
the
Benefit
may
come
up
with
it
,
The
Sum
of
|
50
l.
|
|
To
the
Last
Ticket
drawn
|
50
l.
|
|
|
|
280000
l.
Yearly
.
|
The
said
Benefits
to
be
held
by
Life
,
or
Lease
of
Forty
Years
,
which
shall
expire
First
.
A
Benefitted
Ticket
of
,
or
under
50
l.
per
Annum
,
to
have
but
One
Life
nominated
for
it
.
A
Benefitted
Ticket
of
,
or
above
100
l.
per
Annum
(
at
the
Request
of
the
Owner
)
may
be
divided
into
as
many
parts
as
there
are
of
Fifty
Pounds
included
in
it
;
and
every
Fifty
Pounds
may
have
a
Life
nominated
for
it
.
As
many
Benefitted
Tickets
as
the
Persons
concerned
will
,
may
be
held
by
one
and
the
same
Life
.
All
Benefitted
Tickets
of
,
or
above
10
l.
per
Annum
,
to
be
paid
by
Half-yearly
;
the
rest
by
Yearly
Payments
.
The
first
Payment
to
be
reckoned
from
Christmas
,
1695.
The
Lives
to
be
nominated
by
the
Persons
concerned
,
or
their
Assigns
,
within
〈…〉
after
the
Drawing
is
ended
.
The
manner
of
giving
out
Tickets
and
Encouragement
to
Adventurers
by
way
of
Rebate
,
the
Mixing
and
Drawing
,
might
be
according
to
the
late
Act
;
except
that
whereas
it
is
therein
directed
,
as
many
Blanks
should
be
mix'd
with
the
Prizes
as
would
make
the
Prizes
,
and
Blanks
together
equal
in
Number
with
the
Tickets
,
there
might
be
mix'd
with
these
only
about
Twenty
thousand
Blanks
.
That
instead
of
the
Inscription
which
the
late
Tickets
bore
,
there
be
imprinted
His
Majesty's
Cypher
only
on
these
:
And
the
time
given
for
taking
out
Tickets
might
be
until
the
Twentieth
of
December
,
1695.
The
Fund
might
be
,
That
every
Person
in
England
and
Wales
,
above
Sixteen
Years
of
Age
(
except
〈…〉
)
pay
Twelve-Pence
Yearly
:
The
Nobility
Gentry
,
and
Persons
of
〈…〉
Estate
,
Two
Shillings
each
by
the
Year
.
This
way
the
280000
l.
per
Annum
would
be
so
laid
,
that
no
particular
Body
of
Men
,
nor
the
present
Age
should
bear
it
.
It
might
be
easily
collected
,
and
it
is
a
Trifle
for
every
particular
Person
to
pay
.
Tickets
being
given
out
at
Forty
Shillings
a
Ticket
,
a
vast
number
of
His
Majesty's
good
Subjects
may
,
and
doubtless
will
,
be
Adventurers
,
that
were
not
,
nor
could
not
be
concerned
either
in
the
late
Funds
for
Lives
,
or
the
Million
Adventure
;
the
one
requiring
a
Hundred
Pounds
,
and
the
other
(
being
39
Blanks
to
a
Prize
)
Four
Hundred
Pounds
to
have
had
an
equal
Chance
for
a
Prize
.
Dr.
Chamberlayne
in
his
Present
State
of
England
,
last
Edition
,
|
Computes
the
People
at
|
7055706
|
|
Suppose
them
to
be
|
6600000
|
|
Persons
exempted
|
2000000
|
|
Remaining
|
4600000
|
Whereof
-
3600000
at
1
s
.
-
1000000
at
2
s
.
|
makes
280000
l.
Yearly
.
|
Note
,
There
is
not
Seven
Blanks
to
a
Prize
in
this
Adventure
.