a tolerable degree of prosperity, to the end of the world.
The church is supposed to last for ever, both in its discipline and doctrine; which is a privilege common to every petty corporation, who must likewise observe the laws of their foundation. If a gentleman's estate, which now yields him a thousand pounds a year, had been set for ever at the highest value, even in the flourishing days of king Charles the Second, would it now amount to above four or five hundred at most? What if this had happened two or three hundred years ago; would the reserved rent at this day be any more than a small chiefry? Suppose the revenues of a bishop to have been under the same circumstances; could he now be able to perform works of hospitality and charity? Thus, if the revenues of a bishop be limited to a thousand pounds a year; how will his successor be in a condition to support his station with decency, when the same denomination of money shall not answer a half, a quarter, or an eighth part of the sum? which must unavoidably be the consequence of any bill to elude the limiting act, whereby the church was preserved from utter ruin.
The same reason holds good in all corporations whatsoever; who cannot follow a more pernicious practice than that of granting perpetuities, for which many of them smart to this day; although the leaders among them are often so stupid as not to perceive it, or sometimes so knavish as to find their private account in cheating the community.
Several colleges in Oxford were aware of this growing evil about a hundred years ago; and instead of limiting their rents to a certain sum of mo-
