A Profitable Adventure to the Fortunate, And can be Unfortunate to None Thomas Neale c. 626 words Newton Project London 2021 Newton Project, University of Oxford

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 1693/4, c. 626 words. A Profitable Adventure to the Fortunate, And can be Unfortunate to None (London: 1693/4). Thomas Neale A Profitable Adventure to the Fortunate, And can be Unfortunate to None A Profitable Adventure to the Fortunate, And can be Unfortunate to None London Printed by F, Collins, in the Old-Bailey 1693/4 1693/4 English Print Mint Base transcription by TCP Missing text and code added by Michael Hawkins Catalogue exported to teiHeader by Michael Hawkins
A Profitable Adventure TO THE FORTUNATE, And can be UNFORTUNATE to NONE.

BEING

A PROPOSAL for Raising One Million of Money, by setling a Fund of One Hundred and Forty Thousand Pounds per Annum for Fifteen Years only for it.

THAT there be Tickets Numbred from One to an Hundred Thousand, given out at Ten Pounds a piece, to make up that Million of Money. The said Tickets to be answered by such another Hundred Thousand of Tickets, whereof Two Thousand Five Hundred to be Benefitted, in such sort as is herein after exprest, besides One Pound Yearly which every Ticket will have; so that whoever puts in Ten Pounds, will be sure to have One Pound Yearly for Fifteen Years; and therefore cannot lose, but may possibly gain very much by it: Nor can the Objection made use of as a great Argument against any sort of Adventures, viz. The taking away Money, and losing it quite from Servants, and such as have but a little, weigh at all in this Case.

For Note, Whoever puts thus in his Money, viz. Ten Pounds, though he meets with none of the Two Thousand Five Hundred Tickets, which are to be called Benefits, he'll have Twenty Shillings Yearly for Fifteen Years, which is near Six per Cent. certain for the Money, and so can be no loser by it, and consequently there will be no prejudice to any sort of Mankind that thus shall lay out his Money.

'Twill draw much Money from abroad, as also a great deal that is in this Kingdom laid up; and make many Thousands, who only have small Sums, and cannot now bring them into the Publick, to engage themselves in this Fund. And the Money upon't being made easily transferrable, in all probability on One Hundred Forty Thousand Pounds Yearly, so seteldsettled, there would soon a Million, and all Ready Money, be raised.

The Numbers, Blanks, and Benefitted Tickets thus:

One Hundred Thousand Tickets, Numbred from One, to One Hundred Thousand, to be drawn from one Box, against One Hundred Thousand other Tickets, to be drawn from another Box, whereof Ninety Seven Thousand Five Hundred (though Blanks) are to entitle the Numbers against which each is drawn to one Pound Yearly, for the Fifteen Years. And the other Two Thousand Five Hundred, which together, make up the One Hundred Thousand Tickets, are to entitle the Numbers against which they are drawn, to the several Benefits here-under exprest; which with the Benefit allowed to the First and Last drawn, makes up the Forty Thousand Pounds Yearly, the Fortunate will gain by this Thing.

The Benefitted Tickets are Proposed to be as followeth; Viz.

To the First Number drawn, besides the Benefit may come up with it, the Sum of } 150 l. Yearly 1 Ticket of Yearly 1000 9 Of each 500l. Yearly 4500 20 Of each 100l. Yearly 2000 80 Of each 50l. Yearly 4000 90 Of each 25l. Yearly 2250 300 Of each 20l. Yearly 6000 2000 Of each 10l. Yearly 20000 2500 The Last Ticket drawn, besides the Benefit that may come out with it } 100 Money 40000 l.

Note, The Two Thousand Five Hundred, called Benefitted Tickets, not being to have the One Pound Yearly allowed for such Ticket as shall have no other Benefit, there will be Two Thousand Five Hundred Pounds out of the One Hundred and Forty Thousand Pounds Yearly saved, for the Charge of Trustees and Office, which must be employed about it, if any such thing should be done.

T. N. Groom-Porter.

Printed Decemb. 5. 1693.

Reprinted Feb. 6. 1693/4.

Note, Instead of 15, 'tis likely that 16 Years will be allowed.

London: Printed by F,. Collins, in the Old-Bailey. 16934.