Great Britain -- History -- 18th century -- Sources; Pitt, William, Earl of Chatham, 1708-1778; Walpole, Robert, Earl of Orford, 1676-1745
And whereas this Company is very Sensible, that the Prosperity of the
Nation doth greatly depend upon the discharging the Publick Debts (a
Motive which Induced them to make the first Propositions of this Publick
and beneficial nature) They do Humbly submit these Explanations and
Amendments to this Honourable House, flattering themselves that
Readiness and Cheerfulness that Ingaged them so much earlier than any
other Society, to endeavour to reduce that great Debt under which this
Nation is Oppressed, will Intitle them to the favour and preference of
this House, since they are willing and do hereby declare they are ready
to undertake this great work upon whatever Terms may be offered by any
other Company.
By Order of the General Court.
JOHN FELLOWS, _Sub-Governour_.
CHARLES JOYE, _Dep. Governour_.
_Feb. 1, 1719_
II.
THE BUBBLE BURST.
+Source.+--_The Case of the Borrowers on the South Sea Loans Stated._
Pp. 1-7. London, 1721.
Since the Parliament has thought it of service to the Publick, that the
_unhappy sufferers by the South Sea_ should have Relief: and are at
present considering how to give it them: I am persuaded, no one will
think it either improper or unreasonable, that the case of the
_Borrowers on the Loans_ (who in my opinion are the _most unhappy_ of
them all) should be truly stated and made publick.
For my part, I will endeavour it, as far as I am able, with Justice to
the Company who are their Creditors, and with no more Compassion to
these unfortunate People, than their Circumstances honestly deserve: And
I have this Satisfaction in what I undertake, that as I believe it is
not the Intent of the Members of either of the Honourable Houses to
administer Relief with Partiality, or to neglect any set of Men who
really want it, should I so far succeed, as to show that _these
Borrowers_ do, I can't but hope that _they_ will be esteemed at least
worthy _their Care_ and _Protection_.
Public-domain text, read in full here on John Shaqi.
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