Reasons humbly offered, against a clause in the Bill for regulating brokers, &c. for making void all contracts and agreements already made, concerning bank-notes, bank-stock, and all other joynt-stocks.

Reasons humbly offered, against a clause in the Bill for regulating brokers, &c. for making void all contracts and agreements already made, concerning bank-notes, bank-stock, and all other joynt-stocks. This text is an enriched version of the TCP digital transcription B28723 of text T12947 in the English Short Title Catalog. 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. 3KB 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 B28723 Wing R522aA Interim Tract Supplement Guide 712.m.1[32] ESTC T12947 ocm99893588

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Early English books online text creation partnership. (EEBO-TCP ; phase 2, no. B28723) Transcribed from: (Early English Books Online ; image set 186400) Images scanned from microfilm: (Early English books; Tract supplement ; C4:3[16]) Reasons humbly offered, against a clause in the Bill for regulating brokers, &c. for making void all contracts and agreements already made, concerning bank-notes, bank-stock, and all other joynt-stocks. 1 sheet ([1] p.). s.n., [London : 1700?] Dated by ESTC from the bill of 8th Feb. 1721. Dated 1697 by Wing. Reproduction of original in the British Library.

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eng Stock exchanges -- England -- Early works to 1800 Stockbrokers -- Malpractice -- England -- Early works to 1800. Broadsides -- England -- London -- 17th century. eebo Reasons humbly offered, against a clause in the Bill for regulating brokers, e.t.c.c. for making void all contracts and agreements already made, conce n/a 1712 1 384 0 0 0 0 0 0 0 A This text has no known defects that were recorded as gap elements at the time of transcription. 2014-06 SPi GlobalKeyed and coded from ProQuest page images 2014-08 Anne Simpson Sampled and proofread 2014-08 Anne SimpsonText and markup reviewed and edited 2015-03 pfsBatch review (QC) and XML conversion

REASONS Humbly Offered , Against a Clause in the Bill for Regulating Brokers , &c. for making Void all Contracts and Agreements already made , concerning Bank-Notes , Bank-Stock , and all other Joynt-Stocks .

WHen the Nature of such Agreements is understood , it is humbly hoped the said Clause will not pass , many Persons having through the Scarcity of Money been Necessitated to supply their Occasions by several Methods .

I. Some to pay Bills of Exchange , and for other pressing Occasions , have been forced to Sell Bank-Stock , and Shares in other Stocks , and Bank-Notes , and to save themselves from too great Loss , have made Agreements to receive back the said Stocks and Notes on certain Terms , whereby they know their certain Loss , which as is Conceived was very allowable to do .

II . Some have sold Goods at time , for which they were Obliged to take Bank-Notes , and had no other way to make to themselves a certain reasonable Profit , but by being Insured that they should not lose above a certain Rate , and whereon depend many Contracts .

III . Many Persons have lent Money to the Government on Tallies , which they would not have done , if they could not by this means have Insured themselves .

IV . This would be not only to punish Persons who have Transgressed no Law , but would also change the Property of Persons without any certain Rule , and would in many Cases be a Benefit to those who by this Bill are supposed to have committed a Crime .

V. Many Persons having taken Premiums , to deliver Bank-Notes and Stocks at certain Times , and to that end have kept their Bank-Notes and Bank-stocks , and other Stocks , to deliver according to their Agreements , which otherwise they would have sold , by which means Bank-stock and Bank-Notes would have been of lesser Value than at present they are .

It is therefore Hoped , that it will not be thought suitable to the Wisdom and Justice of the Honourable House of Commons , to pass the said Clause , whereby Mens Properties will be destroyed , and many Families utterly ruined .