A Beneficial Proposal, WHEREIN All Adventurers are Gainers: For exchanging the Blank Tickets, and 10 l. Benefit Tickets in the Million-Adventure, by making them much more Valuable than now they are, to all persons that shall bring them into this PROPOSAL, MADE BY R. CARTER, And Others.

As Likewise Shewing,

The great Difference betwixt those Proposals made by Tho. Neale, and Dalby Thomas, Esquires, and this now proposed; which last will ap­pear to be much more the Advantage to the Adventurers than that formerly proposed by T. N. and D. T.

London, Printed for W. Marshal. 1695

A Beneficial Proposal, Wherein all Adventurers are Gainers, &c.

ALL persons that bring in their Tickets into either of these Proposals, instead of receiving Tickets or de­benters of one pound a year for sixteen years suc­cessively; shall receive Tickets or Debenters payable in some one or two of the sixteen years, according to the seve­ral Tables hereafter exprest, as their Fortunes lead them to.

By the Proposal for the Blank Tickets, the Number of Tic­kets, or Debenters▪ of 1 l. per Annum, are divided to every one, in proportion to the time they are to stay for payment; So that those that receive their money sooner, receive less, and those who stay longer, receive the more, by which means all persons will be Gainers; for the worst Blank Ticket will by this me­thod be worth 9 l. and a 10 l. Benefit 90 l. discounting In­terest for the time, till come due, at 10 per Cent. per annum; which is above a fifth part more than they will now sell for; and if discount 10 per Cent. Interest, and Interest upon Inter­est, every Blank Ticket will then be worth about 8 l. which is more then by Mr. Neals and Mr. Thomas's.

Every Blank Ticket, brought into this Adventure, is to be marked by the Propriator; with one of the first 16. Letters in the Alphabet; for which the Receivers, Goldsmiths, and others hereafter named and appointed; will give the owner of such Blank Ticket a Receipt for the same; with security that they will return to the said Propriator of such Ticket, so ma­ny 1 l. Tickets or Debenters payable on the Exchequer; at such and such times, as fortune allows them; according to the following Table of proportion and Alotment.

First year11 l. Payable at Michaelmas1695 
* Second—12 l.1696
Third—12 l.1697
* Fourth—13 l.1698
* Fifth—14 l.1699
* Sixth—14 l.1700
* Seventh—15 l.1701
** Eight—16 l.1702
* Ninth—17 l.of which 16 l. in1703and 1 l. in 1701
Tenth—17 l.of which 16 l.1704and 1 l. in 1697
* Eleventh18 l.of which 16 l.1705and 2 l. in 1700
* Twelfth18 l.of which 16 l.1706and 2 l. in 1699
* Thirteenth19 l.of which 16 l.1707and 3 l. in 1698
* Fourteenth19 l.of which 16 l.1708and 3 l. in 1697
Fifteenth—20 l.of which 16 l.1709and 4 l. in 1696
* Sixteenth—21 l.of which 16 l.1710and 5 l. in 1695
 256 l. 

The proof of this Table and what Advantage it is to the Adventurers.

A Blank Ticket is now sold for 6 l. 10 s. the price Currant.

If the Letter the Adventurer puts upon his Blank Ticket, comes up with the year 1695. then all those Adventurers that put that same Letter on their Blank Tickets will have paid them at Michaelmas, 1695. 11 l. by Eleven several Tickets, or Debenters of 1 l. Each, all payable on the Exchecquer; at that time in lieue of 16. their Ticket intitled them to before, for 16 years successively.

If it comes up with the year 1710. they will have 5 l. paid them at Michaelmas, 1695. and their whole 16 l. more at Mi­chaelmas, 1710. which 16 l. stands them in but 1 l. 10 s. according to the now price Currant.

The rest are of proportionable Advantage, as any one may see upon a plain Calculation, and the worst years payment, al­lowing interest thereon, at 10 per Cent. per Annum, makes out 9 l. for every Blank Ticket thus Adventured; which fully makes good my Title of a Beneficial proposal, wherein all ad­venturers will be Gainers.

And to make good the plain Advantage and Incourage­ment to the Adventurers; it is proposed by some of the Receiv­ers, Goldsmiths and others, that those that shall happen to have their Alotment of payment in either the first two years, or last two, viz. 1695. 1696. 1709. 1710. Shall have imediate­ly paid them down 8 l. for every Ticket so Adventured, and happen such payment (if the Propriator thinks fit to accept it) and for the other Alotments as they can agree; so that by this it evidently appears that every Blank Ticket will be more valuable then now they are, to sell them for 6 l. 10 s. a peice, or such like sum.

Note, the undertakers will be at the charge of Examining at the Transfer-Office, to see all the Tickets thus adventured be good; and if any should happen to be Counterfeit, or any de­mur should be on them, being not fairly come by, they shall not be adventured, but notice given to the partys that brought them to the Goldsmiths, and others to be adventured, they having books on purpose to enter the same.

The Trustees.

The Trustees for the due management of this Exchanged ad­venture, are,

The Honourable Colonel Philip Howard, Sir Ralph Dutton, Sir Charles Windham, Major Manly, Mr. Simon Smith, and Mr. Harrison, Merchants, with several other Gentlemen of Quality, and Merchants of good Integrity, do promise to be present, to see all things fairly perfor­med.


Mr. Smith and Mr. Spynks at the Grashopper in Lumbard-street, Capt. Passil at the Kings Arms in Cheapside, Mr. Sey­more at the 3 Flower de luces in Fleetstreet, Mr. Hammersly at the Marygold, Mr. Adams at the Black Horse in the Strand, Mr. Spakeman next Northumberland House, Mr. Goddard at the Bunch of Grapes in the Pall Mall, Mr. Osburn at the George-lnn-Gate in Southwark, Goldsmiths; Mr. Davis next the Ant­verp-Tavern in Threadneedlestreet, Scrivener; and of the Un­dertakers at Whitehall-Coffee house over-against Scotland-yard: Where any Goldsmith of good Repute, that have Friends that will bring in Tickets to this Proposal, may be accommo­dated with a Book, with the same Allowances and Advanta­ges as the other Receivers have from the Undertakers.

Who will all of them give the following Receipt, and security to those that shall bring any Blank Tickets to be thus Adven­tured by way of Exchange.

Received the [...] day of [...] 1694. of A. B. a Blank Ticket in the Million Adventure, No. [...] Adventured upon the Letter Q. on the proposals published per. R. Carter, &c. In lieue of which I promise to deliver to the said A. B. or Bearer, so many Tick­ets or Debenters of 1 l each on the Exchecquer; for such time or times of payment as their fortune by this Adventure allots them; within 14 days after drawn.

Books shall be delivered to the Goldsmiths and others, above­mentioned receivers by the 1st of March, and this Adventure shall be drawn the 1st of April following, with what shall then be brought in, though they be but ten of each letter to make a begining to demonstrate to the world this great advantage; and so will continue Drawing the 1st of every month following, for some time; and if should happen to be more of some Let­ters then others, those first brought in shall be Adventured, and the others declared not adventured at the time of drawing, but shall be the first perferred in the next.

Manner of Drawing.

That publick notice of the time and place of every drawing [Page 7]being first given; the several Books in which the Tickets are entred being produced, sixteen papers of like shape and size, each marked with one of the said sixteen letters shall be produc­ed, and sixteen other like papers, each of them numbred with one of the 16. Years in which the Tickets are payable, as 1695. to 1710 shall be also produced, and then in presence of such of the Trustees, Receivers and Adventurers, as please to be pre­sent▪ the 16 papers marked with Letters shall be Rolled, sew'd up, and put into one Box: and the other 16 papers with the number of the Years of payment shall be Rolled, sew'd up and put into one other Box: and being well shaken together, a per­son approved of by the Trustees and Adventurers present, Shall pull out a paper marked with a letter from one Box, and one other person likewise approved of; shall at the same time pull out a yearly number from the other Box; both which shall be entred in a Book, and signed by three of the Trustees afore­said; which numbred paper so drawn shall Intitle all those persons whose Tickets are endorsed with the letter that was drawn against it to the several sums payable, according to the Table aforesaid. As for example:

The several letters of the Alphabet are from A. to Q. Inclu­sive; suppose the letter first drawn be Q. and the number drawn against it be 1695. the said number Entitles all, and each of those Tickets which are endorst with the letter Q. to Eleven Tickets of 20 s. per Ticket, all payable on the Exchecquer, Michaelmas 1695. which is the first year.

Suppose the next paper drawn be D. and the number drawn against it be 1710. the said number Entitles each of those Tick­ets Endorst with the letter D. to twenty one Tickets, whereof sixteen are payable the sixteenth year, Michaelmas, 1710. and five of the first year, Michaelmas, 1695. and so of the rest, as per the Table.

Note, every person that brings in Blank Tickets to this proposal, hath their whole 16 l. for every Ticket divided amongst the Adventurers; without reserving any part to the Undertakers for their Charges and Labour, and Receivers trou­ble, (which is done by that proposed, by Mr. Neal, and Mr. Thomas) and therefore it is proposed that every person receiv­ing his exchanged fortune of 1 l. Tickets, or Debenters, do pay for Charges, and Labour, for every Alotment 5 s. to the Gold­smiths and others, from whence they Receive the same.

Here follows Mr. Neals and Mr. Thomas's Table of Calcu­lation, for the Blank Tickets in the Million Adventure; and the difference betwixt the above proposed by R. Carter, which is as follows.

First year11 l,Payable at Michaelmas1695
Second11 l,1696
Third12 l,1697
Fourth12 l,1698
Fifth13 l,1699
Sixth13 l,1700
Seventh14 l,1701
Eighth14 l,1702
Ninth16 l,1703
Tenth17 l,of which 16 l. in1704and 1 l. in 1701
Eleventh17 l,of which 16 l. in1705and 1 l. in 1700
Twelfth17 l,of which 16 l. in1706and 1 l. in 1699
Thirteenth18 l,of which 16 l. in1707and 2 l. in 1698
Fourteenth18 l,of which 16 l. in1708and 2 l. in 1697
Fifthteenth20 l,of which 16 l. in1709and 4 l. in 1696
Sixteenth20 l,of which 16 l. in1710and 4 l. in 1695
 243 l, 

Note, the difference in the two proposals made betwixt Mr. Neal and R Carter, viz. Mr. Neals 16 Lots for every 16 Blank Tickets, brought to his proposal, makes in all 243 l. and that by R. Carter, 16 Lots for every 16 Blank Tickets makes 256 l. as by casting up each Table does appear; so the difference is on­ly 13 l. in 16 Blank Tickets, Mr. Neal and Mr. Thomas have carved out for themselves, for charges, labour, and pains; (out of which profit they may very well publish, as they did in their proposals; that all people shall have their Tickets regi­stred at the Transfer-Office, to prevent Counterfeits Gratis) and by this of R. Carter; hath all persons their whole 16 l. propor­tioned, which makes 11 Lots in the 16 better than Mr. Neals, by 1 l. a year, and one Lot 2 l. a year, which you may find marked in my Table thus, * so in lieue of the 13 l. their pro­fit and Advantage in 16 Tickets, I propose onely 16 Crowns, which is 4 l. for charges, and trouble: So that by this propo­sal, the Adventurers, will have 9 l. in every 16 Blank Tickets to [Page 9]be divided, some where amongst them; more then in Mr. Neals and Thomas's

Note likewise, that Mr. Neal and Mr. Thomas in their pro­posal for the Benefits, for every 16 Benefit Tickets of 10 l. each, have carved out a good handsome share for themselves, not less then 140 l. in every 16 Tickets, (for trouble and Charg­es) but by my following proposal for 10 l. Benefits, all persons have their whole payment of money divided into s [...]veral Alotments, as by the following Table, and 1 l. onely paid for every Exchanged Lot upon the Receit thereof from the Gold­smiths, which will be 16 l. for every 16 Benefits; In lieu of 140 l. in Mr. Neals, and Mr. Thomas's so that the adventur­ers will have divided amongst them by mine more then by theirs, 124 l. for every 16 Tickets so brought in; which is evi­dent enough that this is most Beneficial to the Adventurers of and will be of publick good.

A proposal for making the 10 l. Benefit Tickets in the Million adventure, much more valuable then they now are, or will be by Mr. Neals and Mr. Thomas's Proposal.

These Tickets are to be adventured on the Sixteen Letters, and be received, kept and delivered in the same manner and by the same persons as the blank Tickets are in the other propo­sal; And when any equal number of them shall be brought in upon each letter; if but two, three, four or five, they shall be drawn the same time the blanks are:

The receivers will give the following receit for security to the propriators of every Benefit Ticket:

‘Received [...] day of [...] 1695. of A.B one 10 l. Benefit Ticket in the Million adventure No. [...] adventured upon the Letter Q. on the proposals publisht by R Carter, &c In lieue of which I pro­mise to deliver to the said A. B. or Bearer, so many Tickets or Debenters of 5 l. each, on the Exchecquer for such times of pay­ment as their fortune by this adventure allots them: within 14 days after draw:’ Each benefit Ticket of 10 l. per Annum, entitles the propriator to 5 l. every six months for 32 successive payments, and are now sold for 70 l. the price Currant; in lieue whereof by this proposal, the adventurer will receive the whole in two or three payments; and the Lots are so propor­tioned as to time, that the worst Lot that can be drawn will be [Page 10]worth 90 l. Allowing interest for the time till paid at 10 per Cent, per Annum, as will appear upon a plain calculation, which fully makes good that this proposal will make the said Tic­kets to be more valuable than now they are, and much better then that proposed by Mr. Neal and Mr. Thomas, as by the fol­lowing Tables both of mine and theirs will appear.

If the letter upon which the Ticket is adventured comes up with the first year, he shall receive in lieue of every Benefited Ticket of 10 l. a year by Mr. Neals and Mr. Thomas's Pro­posal.

First year27 Tickets of 5l. each.whereof 15payable at Lady Day 1695& 12payable Lady day 1710
Second2715— 169612— 1709
Third3015— 169715— 1708
Fourth3015— 169815— 1707
Fifth3216— 169916— 1706
Sixth3216— 170016— 1705
Seventh3216— 170116— 1704
Eight3216— 170216— 1703
Ninth32Michael 16Michael. 1703and 16Michael. 1702
Tenth3216— 170416— 1701
Eleventh3216— 170516— 1700
Twelfth3216— 170616— 1699
Thirteeth3015— 170715— 1698
Fourteenth3015— 170815— 1697
Fifteenth2712— 170915— 1696
Sixteenth2712— 171015— 1695
 484242 242 

But if the letter upon which the Ticket is adventured comes up with the first year, he shall receive in lieue of every Bene­fited Ticket of 10 l. a year by this Proposal of Richard Carters, according to the following Table.

** 1st29 Tickets 5l. eachwhereof 15 payableLady day 1695 and14payable L. day 1710 
** 2d2916— 1696 and13— 1709
** 3d3216— 1697 and16— 1708
** 4th3216— 1698 and16— 1707
* 5th3316— 1699 and16— 1706and 1Mi. 1709
* 6th3316— 1700 and16— 1705and 1L.D. 1709
** 7th3416— 1701 and16— 1704and 2Mic. 1709
** 8th3416— 1702 and16— 1703and 2Mic. 1710
** 9th3416Michael. 1703 and16Micha. 1702and 2L.D 1710
* 10th3316— 1704 and16— 1701and 1L.D. 1695
* 11th3316— 1705 and16— 1700and 1L.D 1695
** 12th3416— 1706 and16— 1699and 2L.D. 1709
** 13th3216— 1707 and16— 1698 
** 14th3216— 1708 and16— 1697
** 15th2913— 1709 and16— 1696
** 16th2914— 1710 and15— 1695
 512250 250 12 

Note, the difference of the two Tables: this last of R. Carters is better then that of Mr. Neals and Mr. Thomas's by as many five pounds in every Lot, as there is Stars before it, and for same time of payment; being in all 28 Five Pounds in every sixteen Tickets.

Note likewise, that the adventurers security is not altered, but remains upon the act of Parliament to be paid in the Exchec­quer, as appears by the receipt given by the Goldsmiths, who are onely to get them made payable to such and such persons, and at such and such times as fortune alots the adventurers.

Note, All Tickets that shall not be drawn, shall be returned again to the Propriator.


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