By all former propositions, it was intended that the parishes should advance several years’ rates to raise a stock, but by this proposal the experiment is to be made by private persons at their risk; and £300,000 may be judged a very good stock, which, added to the poor rates for a certain number of years, will be a very good fund for buying commodities and materials for a million of money at any time. This subscription ought to be free for everybody, and if the sum were subscribed in the several counties of England and Wales, in proportion to their poor rates, or the monthly assessment, it would be most convenient; and provision may be made that no person shall transfer his interest but to one of the same county, which will keep the interest there during the term; and as to its being one Corporation, it is presumed this will be most beneficial to the public. For first, all disputes on removes, which are very chargeable and burthensome, will be at an end—this proposal intending, that wherever the poor are, they shall be maintained or employed. Secondly, it will prevent one county which shall be diligent, imposing on their neighbours who may be negligent, or getting away their manufactures from them. Thirdly, in case of fire, plague, or loss of manufacture, the stock of one county may not be sufficient to support the places where such calamities may happen; and it is necessary the whole body should support every particular member, so that hereby there will be a general care to administer to every place according to their necessities. Secondly, that the said Corporation be established for the term of one-and-twenty years. The Corporation ought to be established for one-and-twenty years, or otherwise it cannot have the benefit the law gives in case of infants, which is their service for their education; besides, it will be some years before a matter of this nature can be brought into practice. Thirdly, that the said sum of £300,000 be paid in, and laid out for the purposes aforesaid, to remain as a stock for and during the said term of one-and-twenty years. The subscription ought to be taken at the passing of the Act, but the Corporation to be left at liberty to begin either the Michaelmas or the Lady Day after, as they shall think fit. And XXX per cent. to be paid at the subscribing to persons appointed for that purpose, and the remainder before they begin to act; but so as £300,000 shall be always in stock during the term, notwithstanding any dividends or other disposition: and an account thereof to be exhibited twice in every year upon oath, before the Lord Chancellor for the time being.