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Updated: May 13, 2025
As I am a suitor to you to be his good friend to her Majesty, so I must heartily pray you, good my Lord, to procure his coming hither shortly to me again, for I know not almost how to do without him. I confess it is a wrong to the gentleman, and I protest before God, if it were for mine own particular respect, I would not require it for L5000.
Thence home and late writing letters, and this night I received, by Will, L105, the first-fruits of my endeavours in the late contract for victualling of Tangier, for which God be praised! for I can with a safe conscience say that I have therein saved the King L5000 per annum, and yet got myself a hope of L300 per annum without the least wrong to the King. So to supper and to bed.
But a neighbouring solicitor, having caught scent of the legacy, hunted it down into his own hands, on pretence of having found a capital investment in a canal; and when the solicitor had got possession of the L5000, he went off with them to America. Meanwhile Randal, placed by Mr.
So all the morning at the office, and after dinner, which was very late, I to Sir R. Viner's, by his invitation in the morning, and got near L5000 more accepted, and so from this day the whole, or near, L15,000, lies upon interest.
If we ever do arrive at a state when all the desires are fully satisfied when there is over-production in all industries we shall have general reduction in the hours of labour: "efficiency" will take that form. The wealth of England is the sum of the wealth of each individual in England. An individual may have L10,000 in England, L5000 invested in Australia.
He died, in 1749, at the age of 90, claiming chief honour to the Swiss for ingenuity. 'I was born, he said, 'a Swiss, and came to England without a farthing, where I have found means to gain, L5000 a-year, and to spend it.
Thence home and late writing letters, and this night I received, by Will, L105, the first-fruits of my endeavours in the late contract for victualling of Tangier, for which God be praised! for I can with a safe conscience say that I have therein saved the King L5000 per annum, and yet got myself a hope of L300 per annum without the least wrong to the King. So to supper and to bed.
Edward Montagu's disposing of the L5000 for my Lord's departure for Portugal, and our fears that he will not do it to my Lord's honour, and less to his profit, which I am to enquire a little after. Hence to the office, and there sat till noon, and then my wife and I by coach to my cozen, Thos.
Smith should say that he made L5000 the first year, and he believed he made L7000. This Sir G. Carteret denied, and said, that if he did say so he told a lie, for he could not, nor did know, that ever he did make that profit of his place; but that he believes he might say L2500 the first year. Mr.
Thence, at noon, to Hercules Pillars, and there dined all alone, and so to White Hall, some of us attended the Duke of York as usual, and so to attend the Council about the business of Hemskirke's project of building a ship that sails two feet for one of any other ship, which the Council did agree to be put in practice, the King to give him, if it proves good, L5000 in hand, and L15,000 more in seven years, which, for my part, I think a piece of folly for them to meddle with, because the secret cannot be long kept.
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