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Updated: May 25, 2025
As the sufferings of our mercantile and seafaring citizens can not be ascribed to the omission of duties demandable, considering the neutral situation of our country, they are to be attributed to the hope of impunity arising from a supposed inability on our part to afford protection.
The king of Domesday is the supreme landlord; all the land of the nation, the old folkland, has become the king's; and all private land is held mediately or immediately of him; all holders are bound to their lords by homage and fealty, either actually demanded or understood to be demandable, in every case of transfer by inheritance or otherwise.
That for another considerable part of the above-mentioned sum he has taken credit to himself, as for a deposit of his own property, and therefore demandable by him out of the Company's treasury at his discretion.
I out to Lombard-streete, and there received 2200l. and brought it home; and, contrary to expectation, received 35l. for the use of 2000l. of it for a quarter of a year, where it hath produced me this profit, and hath been a convenience to me as to care and security at my house, and demandable at two days' warning, as this hath been.
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