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The Humble PROPOSAL of GILBERT MALKIN and P. B. For making England Flourishing and Happy.
THe Poor's Rates, as now Established, may be Computed to be Three hundred thousand Pounds per Annum, which may be Setled for One hundred Years as a Fund, to be under the Regulation and Government of whom the Parliament think fit, and the Governours may have certain Salaries, and issue out Bills of Credit (none to be under 5 s. or above 20 l.) to the value of Thirty Millions, which Bills of Credit, may by the Sanction of a Law, be Currant in all Payments, &c. and may be Disposed of, as followeth;
| l. | |
| Nine Millions to Purchase a Real Estate in Land, for the Use of the Poor | 9000000 |
| Four Millions to be Laid out in Building so many Houses, as shall be thought Sufficient and Necessary for Employing the Poor of all Cities, Counties, Towns, and Parishes; and Laying in a Stock of Wooll, Hemp, Flax, and other English Manufactures, to set the Poor to work | 4000000 |
| Twelve hundred thousand Pounds to Pay the Royal-Bank, and Set the Fund for that Interest at Liberty | 1200000 |
| Eight hundred thousand Pounds for Maintenance of the Poor, and Paying Salaries until the Work-houses can be fitted; and Stock provided, and the Land Bought, which may all be done in two Years | 800000 |
| Fifteen Millions for the Use of the Government, which may be paid by so much a Year, as shall be thought fit | 15000000 |
| Total in Bills | 30000000 |
The Advantages to the Nation by this, are;
| Fifteen Millions to the Government, to Ease the Nation of Taxes | 15000000 |
| For Land to be purchased, which will Maintain the Poor, and Ease the Pa∣rishes ever after | 9000000 |
| In Houses and Stock, Four Millions | 4000000 |
| The Annual Rents, Issues, and Profits of Land, and Stock, besides a Hun∣dred thousand Pounds a Year, to Maintain the Poor, that cannot work; and Sixty thousand Pounds a Year, to Pay the Charge, and Salaries of the Undertaking, will be at least Four hundred thousand Pounds a Year, which in a hundred Years, amounts to Forty Millions | 40000000 |
| And if the Four hundred thousand Pounds, be Laid out as it Comes in Yearly, the Product of it at but Two in the Hundred, will, in a Hundred Years, amount to Forty Millions | 40000000 |
| To Pay the Royal Bank, Twelve hundred thousand Pounds | 1200000 |
| The Advantage to the Nation; will be more than | 109200000 |
Bills of Credit may be so Contriv'd, to be Renewed and made Durable, and be Less subject to Counterfeiting than Money.
The Poor by this will be well Provided for; Youth Vertuously Educated, and kept out of I∣dleness; and there will be neither Beggar, nor any Complaint in our Streets, and all done without any Additional Tax in the space of One hundred Years; and there will be an a∣batement of all the present Tax, at the End of the said Term.
Many other vast Benefits will accrew to the Nation, which for brevity sake are omitted, as the Proposer can make appear; and they doubt not but they can give Satisfactory An∣swers to all the Objections can be made against their PROPOSALS.