2,000,000_l._ to be lent upon pledges, Blue-coat Coffee-house. Turnpikes and wharfs, Sword-blade Coffee-house. For the British alum works, Salutation. 2,000,000_l._ for erecting salt-pans in Holy Island, John's Coffee-house. 2,000,000_l._ for a snuff manufactory, Garraway's. 3,000,000_l._ for building and rebuilding houses, Globe Tavern. The reader will find that I have given him the titles of _ninety_ of these symptoms of public phrenzy, exclusive of the South-Sea scheme[118:A]. Such of the projects as have not mentioned millions, appear to have been forlorn wights, who were contented perforce to receive the few loose pounds left in the pockets of the subscribers, by those whose aggregate sums amount to _one hundred and ten millions_. The sufferers in this monstrous scene of wickedness and folly could not plead ignorance or deception; the baits were so clumsily affixed to the hooks, that the Journalists were continually employed in warning the publick, sometimes seriously, and frequently piercing them with the keenest shafts of ridicule: Sir Richard Steele endeavoured to warn the maniacs of the South-Sea Stock, fruitlessly. "Notwithstanding what has been published, that the annuitants would not subscribe their annuities in the South-Sea Stock, we find that they now run in crowds to subscribe them, though they know not how much Stock they are to have. Some people say as much as will make 30 years' purchase; but this is uncertain. It was, indeed, expected that before the Company would take those subscriptions, they would have given notice of it in the Gazette, and have put up advertisements at their house and at the Royal Exchange, at least eight days before; but it seems the Annuitants have such a good opinion of the Directors of the South-Sea, that without this they come and surrender their ALL as it were, leaving it to the pleasure, discretion, and honour of the Directors, to give them as much Stock as they shall think fit. The like, we suppose, never was heard of before. It is said there has already been above 300,000_l. per annum_ subscribed. The reason of people running to it in such haste is, that it has been whispered the first subscribers would receive a greater advantage than those that shall stay longer. A million has also been subscribed, at the rate of 400_l. per cent._ the money to be paid in three years' time, but they are to have the benefit of the next half year's dividend; by this last subscription the Company will get 3,000,000_l._ of money; and it is said they will shortly take another subscription at 500_l._ to pay in seven years, and to have the next half year's dividend; by which means they will get, together with those before, above 11 millions of money. In all appearance, the Company will carry every thing before them; for we see that, notwithstanding what has been said against their Stock by Sir Richard Steele and others, that people are as eager for it as if nothing had been said against it.