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Hume, David, 1711-1776

"The History of England in Three Volumes, Vol.I., Part F. From Charles II. to James II."

The king was also more explicit in his reply. He told them,
that the only way to prevent danger, was to put him in a condition to
make preparations for their security. This message was understood to
be a demand of money. The parliament accordingly empowered the king to
borrow on the additional excise two hundred thousand pounds at seven per
cent.; a very small sum indeed; but which they deemed sufficient, with
the ordinary revenue, to equip a good squadron, and thereby put the
nation in security, till further resolutions should be taken.
But this concession fell far short of the king's expectations. He
therefore informed them, that, unless they granted him the sum of six
hundred thousand pounds upon new funds, it would not be possible for
him, without exposing the nation to manifest danger, to speak or act
those things which would answer the end of their several addresses. The
house took this message into consideration: but before they came to any
resolution, the king sent for them to Whitehall, where he told them,
upon the word of a king, that they should not repent any trust which
they would repose in him for the safety of his kingdom; that he would
not for any consideration break credit with them, or employ their money
to other uses than those for which they intended it; but that he would
not hazard either his own safety or theirs, by taking any vigorous
measures, or forming new alliances, till he were in a better condition
both to defend his subjects and offend his enemies.


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