FIrst, The Parliaments Cause will be thereby much advanced.

Secondly, the contrary Parties much weak­ned, if not ruined.

There are, as it is conceived, 3. things which advance the Parliaments Cause, namely, Men, Money, and Execution of Justice, which is an Obligation upon mens affections.

This way will turne the Malignant round, and ingage, as also incourage him to fight for his own proprietie, and so cause an union both in London, and associated Counties, that (if need be) they shall rise all as one man.

2. It will advance in probability at least 3. or 4. hundred thousand pounds speedily.

3. It will stop the mouthes of the Delinquents, and of their posteritie; as also of the Nations round about, who shall adjudge these mens perdition to be of themselves, and render [Page 2]the Parliament righteous, because their estates are condem­ned to pay their just debts at a full value, which may be a meanes to prevent discords and insurrections, which other­wise might in after ages arise.

4. It will diminish their great meanes and revenues, with which they now wage warre, which in a just way will be conferred on the Parliaments friends, and inable them for ever to keep the other under.

Whosoever hath a head, a hand, or a purse against the Parliament, is conceived to be a Delinquent.

All those who are with the King are Delinquents under one of these notions.

If the debts of those men now owing to London, and the well-affected, be paid (it is conceived) the Delinquent will be left worth little or nothing; and so whatsoever, as aforesaid, doth inable the Parliaments friends, will dis-inable the con­trary Party, his credit and friends lost besides; the divisi [...]ns which may arise by declaring some of them Bankrupts, and others insolvent or little worth their debt being paid.

If this way will not advance moneys enough to doe the worke, there are 3. or 4. more which will thrice as much, in as just, honourable, and well-pleasing a way.

The debts to be secured are either sperate or desperate.

Of sperate debts there are two sorts, such as are owing ei­ther upon Bill or Bond, for which Interest is desired, and so 10. l. in the hundred propounded: Or else Booke debts, for which no Interest is propounded, and therefore the rate of them is to be considered of now.

Desperate debts are of two sorts:

Either such as in probability may produce 10. s. in the pound more or lesse, or such as will produce nothing.

For such as will produce in probability 10. s. in the pound more or lesse, respect must be had to the Creditors, that they [Page 3]bring in a proportion of money answerable to the visible meanes of satisfaction.

To deale with a multitude is endlesse.

It is therefore thought fit that some Persons of trust and quality may be selected to consider of propositions in gene­rall, and to present them to the Citie, to be by them handed to the Parliament for confirmation.

And that Moneyes may be raised for the Parliament with more ease to the Credit [...]rs

It is thought fit that every man bring in to the Persons so chosen a particular of their summes owing by any persons who are with the King, that so Provision being made [...]or 50000. l. (of which there is present necessity) the overplus of moneys which in this way may be raised be so proportioned for time and quantity, as shall be deemed answerable to the States occasions, and the Creditors abilities respectively.

The Propositions under correction and addition may be as followeth.

That an Ordinance of both Houses be passed for the con­firmation (if it shall be so thought fit) of whatsoever shall be petitioned for in this nature.

Our desires are as followeth.

1. That a Committee be speedily appointed to examine and try just debts upon Oath; which Committee may consist of a certaine number of Lawyers, and others of the House of Commons, with a proportionable number of able Citizens to be joyned with them.

And that if any man be found fraudulent to be lyable to some corporall punishment; besides the penalty of paying three times the value of the debt sought for.

2. If any man shall bring in a greater proportion of money then his debts shall be adjudged to be, the Treasurers to be appointed to receive the moneys may have power upon cer­tificate [Page 4]from the Committee to repay him the overplus.

3. If any man bring in a proportion of money for a good debt, which shall not prove so; he paying as is provided for a desperate debt, may be repay'd the overplus upon good Certificate to be approved on by the Committee.

4. That those who are willing to secure their debts, and are not sufficiently able, respect be had to them upon Certifi­cate in that behalfe to be produced under the Aldermans hand of the Ward where he liveth (in case it be in London) and the hand of his Deputy and Majority of the Common Councell of the same Ward. And in case it be in the Countrey then by the Majoritie of the Deputy Lievtenants of the County where he liveth.

5. That whosoever doth not bring in his proportion of money within a certaine time to be limitted (respect being had to remote parts) be debarred of this provision, and the Creditors bringing in their money to have the benefit of such debts towards their fuller satisfaction where the estate of the Delinquent Debtour will not fully answer his honest Ingagements.

6. That of the estates of Delinquent Debtors, which are now within the Parliaments quarters such a proportion thereof may with as much speed as a Committee for that purpose chosen, or to be chosen, can provide and fit the same; be made over to such Creditors as shall bring in their moneys proportionably to their debts, at [...] yeares purchase, respect being had to the goodnesse, Scituation, and severall Tenures thereof.

7. That in case there be not sufficient of the Delinquent Debtors estate within the Parliaments quarters to pay the Creditors, as aforesaid; That then accordingly as the Parlia­ment shall enlarge their quarters, addition be made, till full satisfaction be given.

8. That satisfaction be made for such Delinquent Deb­tors estate, either reall or personall, as hath been converted to the use of the publique, where there is no other visible meanes left for satisfaction of the Creditors so bringing in their moneys.

9. That there be a certaine time limitted for the with­drawing sequestrations and giving possession as aforesaid (in case no accommodation happen in the Interim.)

10. That if Accommodation happen, provision be made for the repayment of the Moneys to be brought in for secu­ring of debts, with the Charges thereof.

11. That those who are not able to secure their debts, as others be, doe bring it in, according as they shall be able.

12. That every Creditor bringing in his money, may have the publique faith for it, with interest to be allowed and made good out of the Overplus of his Delinquent Debtors estate (in case any be) if not, then out of some others.

13. That every man proportionably as he is reimbursed his principall with Interest and Charges of securing, doe lend the like proportion as formerly which is conceived to be but reasonable, the better to enable the Parliament to recover and secure the other C [...]editors debts, whose Delinquent Debtors estates are not as yet within their Quarters.