[The History of England from the Accession of James II. by Thomas Babington Macaulay]@TWC D-Link book
The History of England from the Accession of James II.

CHAPTER XX
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[511] The hackney coaches of the capital were taxed, and were placed under the government of commissioners, in spite of the resistance of the wives of the coachmen, who assembled round Westminster Hall and mobbed the members.

[512] But, notwithstanding all these expedients, there was still a large deficiency; and it was again necessary to borrow.

A new duty on salt and some other imposts of less importance were set apart to form a fund for a loan.

On the security of this fund a million was to be raised by a lottery, but a lottery which had scarcely any thing but the name in common with the lotteries of a later period.

The sum to be contributed was divided into a hundred thousand shares of ten pounds each.


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