I. THAT at the Rate of One Pound Five Shillings per Cent. ſhall be paid to His Majeſty by all Purchaſers of Lands or Houſes of what Kind or Tenure ſoever, within one Month after ſuch Purchaſe made, to the full value of the Purchaſe Mony; the Title of the Land not to be good or pleadable either at Common Law or Equity, without the Purchaſer's producing from the King's Commiſſioner or Receiver a Receipt under his Hand and Seal, or a true Copy from his Book of Entries, that he had paid the King's Duty aforeſaid, or a Stamp affix'd to the Deed of Sale; and alſo in default, to forfeit one Hundred Pound to the King: And that in caſe any of the Purchaſe Mony ſhall be Conceal'd, and not truly mentioned in the Deed, that ſuch Mony not mention'd in the Deed to be forfeited, one half to the King, the other half to the Informer.

II. That one Pound Five Shillings per Cent. ſhall be paid to his Majeſty, by all Purchaſers of Annuities, Offices, or Leaſes whatſoever, and Copy-hold Eſtates in Poſſeſſion or Reverſion, within one Month after ſuch Purchaſe made, to the full value of ſuch Purchaſe-Mony, the Titles whereof not to be good or pleadable, either at Common Law, or in Equity, without the Purchaſer's producing from the King's Commiſſioner or Receiver a Receipt under his Hand and Seal, or a true Copy from his Book of Entries, that he had paid the King's Duty aforeſaid: And in default, to forfeit Fifty Pound to the King. And that in caſe any part of the Purchaſe-Mony ſhall be conceal'd, and not truly mentioned in the Leaſe or Copy of Court-Roll, either in Poſſeſſion or Reverſion, That ſuch Mony not mentioned in the Leaſe or Copy of Court-Roll, to be forfeited, one half to the King, the other half to the Informer.

III. That One Pound Five Shillings per Cent. ſhall be paid to the King by the Lenders, out of all Mony lent on Mortgages, within fourteen days after ſuch Mortgage made, to the full value of ſuch Mortgage-Mony, The Titles of ſuch Mortgages not to be good or pleadable either at Common Law, or in Equity, without the Perſon who lent the Mony produces from the King's Commiſſioner or Receiver a Receipt under his Hand and Seal, or a true Copy from his Book of Entries, that he had paid the King's Duty aforeſaid. And alſo in default, to forfeit Fifty Pounds to the King. And ſo after the rate of One Pound Five Shillings per Cent. per Ann. to be paid to the King at two ſeveral Payments in the Year, to wit, Michaelmas, and Lady-Day, during the continuation of the Mortgage.

IV. That One Pound Five Shillings per Cent. ſhall be paid to His Majeſty by the Lenders, out of all Mony lent on Bonds, Specialities, or Notes, within ten Days after ſuch Bond, Specialty or Note made and given, to the full value of ſuch Mony lent; Such Bond or Note not to be good or recoverable at Common Law or Equity, without the Perſon who lent the Mony produces from the King's Commiſſioner or Receiver a Receipt under his Hand and Seal, or a true Copy from his Book of Entries, that he had paid the King's Duty aforeſaid: And ſo after the rate of One Pound Five Shillings per Cent. per Ann. to be paid to the King at two ſeveral Payments in the Year, to wit, at Michaelmas, and Lady-Day, during the continuation of ſuch Bond or Note. And in default, to forfeit one moiety to the King, the other to the Informer.

V. That One Pound Five Shillings per Cent. be paid to His Majeſty by all Merchants, and Perſons whatſoever, who ſhall Export any Goods of what kind ſoever out of this Kingdom, if they receive the product home by Bills of Exchange, within twenty days after they receive ſuch Bills of Exchange to the full value of ſuch Bills, and to produce from the King's Commiſſioner or Receiver a Receipt under his Hand and Seal, or a true Copy from his Book of Entries, that he had paid the King's Duty, and in default, the Bills of Exchange to be forfeited, one half to the King, the other half to the Informer.

VI. That One Pound Five Shillings per Cent. ſhall be paid to His Majeſty by all Perſons who ſhall have Mony in any Bank in this Kingdom, within three Months after this ſhall be Enacted by Parliament; and to produce from the King's Commiſſioner or Receiver a Receipt under his Hand and Seal, or a true Copy from his Book of Entries, that he had paid the King's Duty, without which, their Bank-Bills or Notes ſhall not be good or pleadable at Common Law, or in Equity; and alſo in default to forfeit Twenty Pound per Cent. to the King of all ſuch Bank-Mony, and Five Pound per Cent. to the Informer; and ſo after the rate of One Pound Five Shillings per Cent. per Ann. to be paid to the King at two ſeveral Payments in the Year (to wit) Michaelmas, and our Lady-Day, during the continuation of ſuch Bank-Mony, and ſo alſo for Private and Conceal'd Banks to be ſubject to the ſame Payments and Penalties as aforeſaid, exceeding Two Hundred Pound.

VII. That One Pound Five Shillings per Cent. ſhall be paid to His Majeſty by all Perſons and Tradeſmen whatſoever, who ſhall buy any ſort of Goods or Commodities at Fairs or Markets, or at any other places in this Kingdom, at the time of their buying ſuch Goods, and to produce to the full value of the Mony which they beſtow in ſuch Goods from the King's Commiſſioner or Receiver a Receipt under his Hand and Seal, or a true Copy from his Book of Entries, that he had paid the King's Duty aforeſaid, and in default, to forfeit one half of the Goods to the King, the other half to the Informer; provided nevertheleſs that in caſe the Goods are not bought at Fairs or Markets, that then, and in ſuch caſe, they ſhall have ten Days time to pay in the King's Duty, and procure their Receipts from the King's Commiſſioner or Receiver, under the Penalty aforeſaid.

VIII. That One Pound Five Shillings per Cent. ſhall be paid to the King by all Farmers and Husband-Men, and all other Perſons whatever, who ſhall buy any ſort of Live Cattel at Fairs or Markets, or at any places within this Kingdom at the time of their buying ſuch Cattle, to the full value of the Mony which they beſtow in ſuch Live Cattle, and to produce from the King's Commiſſioner or Receiver a Receipt under his Hand and Seal, or a true Copy from his Book of Entries, that he had paid the King's Duty; and in Default, one half of the Cattle to be forfeited to the King, the other half to the Informer; Provided nevertheleſs that in caſe the Live Cattle are not bought at Fairs or Markets, that then they ſhall have ten Days time to pay in the King's Duty, and to procure their Receipts from the King's Commiſſioner or Receiver, under the Penalties aforeſaid.

IX. That One Pound Five Shillings per Cent. per An. ſhall by the Lenders be paid to the King, out of all Money now lent on Mortgages, Bonds, Specialties, or Notes, to the full value of ſuch Money lent on Mortgages, Bonds, Specialties, or Notes, upon the Aſſigning or Transferring, or Altering the Property hereafter, at two ſeveral equal Payments in the Year, to wit, at our Lady-day, and Michaelmas, during the Continuation of ſuch Mortgages, Bonds, Specialties, or Notes; The Titles of ſuch Mortgages, and alſo ſuch Bonds, Specialties, and Notes, not to be Good, Pleadable, or Recoverable, either at Common Law, or in Equity, without the Perſon who lent the Mony, produces from the King's Commiſſioner, or Receiver, a Receipt under his Hand and Seal, or a true Copy from his Book of Entries, that he had paid the King's Duty aforeſaid, and alſo in Default, to forfeit one moiety to the King, the other to the Informer.

X. If any Perſon contrary to the true meaning of this Act, ſhall make any Contract to avoid and elude this Act, or any part or Clauſe thereof, he ſhall forfeit One Hundred Pound, one half to the King, the other half to the Informer, over and above the Penalties oforeſaid.

The aforeſaid Propoſals being duly weighed and conſidered, I am perſwaded they will find very few Objections (if any) which cannot eaſily be Anſwered: Due Ballances are the Intereſts of all Governments, and not of the leaſt concernment in Taxes; The Body Politick bearing very much Proportion with the Natural Body, the one part of it being uneaſie, the whole is affected. The Mony of this Kingdom, bears a great Proportion with the Land, almoſt equalizing it; And yet it hath paid but a very little ſhare of the Taxes: Land hath born the heat and burthen of the day: And although it hath been endeavoured by ſeveral Acts of Parliament, to make the Mony of the Kingdom pay its due Proportion, yet how ineffectual have they all proved, not being enforced with Penalties, which are commonly better and more effectual means to force Obedience, than Oaths and Teſts.

This One Pound Five Shillings per Cent. on Mony, is but three Pence per Pound, which is but One Shilling more than the intrinſick Value of the Land Tax of Four Shillings the Pound. For One Hundred Pound in Mony, according to the Eſtabliſhed Intereſt, brings in Six Pound per Ann. And One Hundred Pounds worth of Land, hardly brings in Four Pound per Ann. all Charges being deducted. And therefore this Tax propoſed on Mony, can give no juſt Cauſe of Complaint to any, who are Friends to the beſt of Intereſts, and willing to Support the beſt of Cauſes. Beſides, if we conſider the uneaſie Circumſtances which many are under, who are Poſſeſſors of Land, which do not ſo often attend thoſe who command Mony; it will appear the more reaſonable, that Mony ſhould no longer eſcape paying its ſhare and proportion, and eſpecially of ſo ſmall a Dividend, ſeeing it's demonſtrable that a Tax on Mony, will be a means to advance the Price of Land; for the Taxes on it, hath occaſioned ſeveral Perſons (and more will follow their Examples) to ſell their Lands, and conceal their Mony, not liable to the Inſpection of Aſſeſſors; ſo that all Thinking Men muſt grant the Price of Land muſt fall, except there is a Tax laid on Mony or ſome other way prevented by the Wiſdom of Parliament.

The greateſt part of the Mony in the Kingdom doth Circulate in thoſe Particulars before mentioned. And I believe it will be no eaſie Matter by any ſhifts, • o avoid paying theſe Duties to the King, without great hazard and danger. This will raiſe yearly a very conſiderable Summ, without racking Invention; Merchants will have no cauſe to complain, becauſe the product of their Goods return'd home by Bills of Exchange, pays nothing at the Cuſtom-Houſe: Mony in Banks hath no reaſon of Complaint, for its Intereſt and Advantage turns to the beſt Account of any Mony in the Kingdom: Trades-Men have no reaſon to think it hard on them, for their Stocks have paid little towards the Charge of the War: Farmers and Husbandmen have as little cauſe to complain of theſe Propoſals, as any, for They grew Rich, whilſt their Landlords grew Poor, their Stocks always eſcaping the Tax. If all Perſons who are herein concern'd, would be Impartial, they muſt confeſs, that nothing is hereby propoſed, but what is for the Intereſt both of King and Kingdom, and no Impeding, but rather Promoting Trade. And if every Man with Cheerfulneſs would part with a Little, rather than loſe All, we might with Aſſurance, expect and hope for good Succeſs in ſo Juſt a War, under the Conduct of ſo Brave a Monarch: to Whom, God Almighty grant a long and proſperous Reign.

All which is Humbly Propoſed and Submitted to the Conſideration of the Parliament, &c.