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An Essay Upon Projects by Daniel Defoe
page 58 of 185 (31%)
the bank undertaking to do the work, or to forfeit the said
settlement.

As thus: suppose the tax on land and tenements for the whole county
of Middlesex does, or should be so ordered as it might, amount to
20,000 pounds per annum more or less, which it now does, and much
more, including the work of the farmers' teams, which must be
accounted as money, and is equivalent to it, with some allowance to
be rated for the city of London, &c., who do enjoy the benefit, and
make the most use of the said roads, both for carrying of goods and
bringing provisions to the city, and therefore in reason ought to
contribute towards the highways (for it is a most unequal thing that
the road from Highgate to Smithfield Market, by which the whole city
is, in a manner, supplied with live cattle, and the road by those
cattle horribly spoiled, should lie all upon that one parish of
Islington to repair); wherefore I will suppose a rate for the
highways to be gathered through the city of London of 10,000 pounds
per annum more, which may be appointed to be paid by carriers,
drovers, and all such as keep teams, horses, or coaches, and the
like, or many ways, as is most equal and reasonable; the waste lands
in the said county, which by the consent of the parishes, lords of
the manors, and proprietors shall be allowed to the undertakers,
when inclosed and let out, may (the land in Middlesex generally
letting high) amount to 5,000 pounds per annum more. If, then, an
Act of Parliament be procured to settle the tax of 30,000 pounds per
annum for eight years, most of which will be levied in workmen and
not in money, and the waste lands for ever, I dare be bold to offer
that the highways for the whole county of Middlesex should be put
into the following form, and the 5,000 pounds per annum land be
bound to remain as a security to maintain them so, and the county be
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