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Updated: April 30, 2025
The old companies, which we may justly consider the directors of a south sea bubble in miniature, sunk the price from 84l. to 56l. Two inferences arise from this measure; that their profits were once very high, or are now very low; and, like some former monarchs, in the abuse of power, they repented one day too late.
With him to the Council Chamber, where he was sworne; and the charge of his being admitted Privy Counsellor is 56l. To White Hall, where the King being gone abroad, my Lord and I talked a great while discoursing of the simplicity of the Protector, in his losing all that his father had left him. 22nd. To my Lord, where much business.
The daily pay of a foot soldier is one shilling, with a penny for beer; the daily pay of a life-guardsman is 1s. 11-1/2d. and the annual cost is 74l. 4s. 11d. per man, besides horse and allowances, or 1l. 8s. 6d. per week; dragoons, 56l. 11s. 5d. per annum, or 1l. 1s. 9d. per week; footguards 34l. 6s. or 13s. 2d. per week; infantry, 31l. per annum, or 11s. 10d. per week.
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