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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
kingdom_n king_n people_n see_v 6,159 5 3.7814 3 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A50953 England's glory, or, The great improvement of trade in general, by a royal bank, or office of credit, to be erected in London wherein many great advantages that will hereby accrue to the nation, to the crown, and to the people, are mentioned : with answers to the objections that may be made against this bank / by H.M. Mackworth, Humphrey, Sir, 1657-1727. 1694 (1694) Wing M218; ESTC R22279 22,801 108

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bill_n they_o may_v assign_v their_o interest_n in_o the_o office_n so_o far_o as_o the_o bill_n go_v to_o who_o they_o please_v who_o shall_v have_v the_o same_o right_n of_o receive_v the_o money_n as_o the_o party_n have_v to_o who_o it_o be_v first_o give_v and_o for_o the_o security_n of_o all_o who_o shall_v lodge_v money_n in_o the_o bank_n the_o whole_a estate_n of_o the_o corporation_n payable_a out_o of_o the_o exchequer_n as_o the_o act_n direct_v be_v liable_a to_o make_v good_a all_o the_o act_n and_o miscarriage_n of_o the_o office_n of_o bank_n which_o be_v a_o unquestionable_a security_n to_o all_o that_o deposit_v money_n in_o these_o bank_n what_o the_o benefit_n of_o these_o bank_n may_v be_v with_o the_o objection_n answer_v 1._o it_o be_v evident_a the_o national_a cash_n in_o time_n will_v pass_v through_o these_o bank_n the_o money_n be_v there_o no_o native_n or_o foreigner_n will_v take_v it_o out_o unless_o for_o small_a expense_n for_o money_n in_o the_o 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bench._n the_o state_n find_v such_o intolerable_a inconvenience_n as_o we_o have_v do_v if_o man_n lend_v out_o their_o money_n many_o time_n they_o lose_v it_o if_o it_o lie_v dead_a by_o they_o trade_n dwindle_n away_o by_o this_o stagnation_n just_o in_o such_o a_o case_n and_o time_n as_o this_o the_o state_n set_v up_o their_o bank_n and_o their_o officer_n become_v cashier_v as_o at_o amsterdam_n for_o about_o two_o million_o of_o ducat_n a_o bank_n sufficient_a for_o their_o trade_n which_o be_v keep_v in_o specie_fw-la to_o be_v take_v or_o pay_v out_o as_o the_o merchant_n desire_v it_o until_o the_o necessity_n of_o their_o affair_n in_o 1668_o their_o turkish_a war_n force_v they_o to_o expend_v all_o their_o money_n in_o specie_fw-la which_o be_v lodge_v in_o their_o bank_n now_o there_o be_v no_o money_n at_o all_o neither_o be_v any_o money_n in_o specie_fw-la ever_o pay_v out_o but_o their_o bank_n be_v a_o perfect_a credit-bank_n and_o their_o fund_z be_v a_o mere_a 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objection_n obj._n what_o use_v can_v the_o creditor_n make_v of_o this_o credit_n in_o the_o bank_n that_o it_o shall_v be_v of_o such_o a_o value_n you_o acknowledge_v no_o money_n can_v be_v have_v ans_fw-fr suppose_v between_o ten_o and_o twelve_o a_o clock_n this_o bank_n be_v open_a to_o transmit_v credit_n from_o one_o to_o another_o as_o soon_o as_o credit_n be_v transmit_v several_a person_n be_v attend_v who_o will_v instant_o apply_v themselves_o to_o the_o new_a creditor_n to_o know_v of_o he_o whether_o he_o will_v sell_v his_o credit_n in_o bank_n for_o money_n in_o specie_fw-la which_o they_o be_v ready_a to_o give_v to_o he_o at_o the_o price_n currant_n because_o they_o can_v make_v something_o more_o of_o the_o credit_n by_o sell_v it_o off_o to_o other_o than_o they_o pay_v as_o our_o broker_n do_v of_o what_o they_o buy_v when_o money_n be_v pay_v in_o specie_fw-la it_o be_v no_o better_a than_o such_o money_n in_o specie_fw-la and_o so_o can_v not_o be_v change_v for_o profit_n any_o more_o than_o one_o peny-loaf_n will_v exchange_v for_o another_o to_o any_o advantage_n the_o case_n be_v something_o like_o this_o at_o the_o bank_n in_o holland_n where_o the_o exchange_n be_v two_o or_o three_o sometime_o four_o per_n cent._n exchange_n not_o because_o dollar_n in_o bank_n be_v so_o much_o better_a than_o dollar_n currant_n though_o there_o be_v a_o difference_n but_o because_o credit_v in_o bank_n be_v more_o safe_a more_o portable_a and_o more_o transferrable_a than_o cash_n in_o specie_fw-la be_v ducat_n in_o bank_n must_v needs_o be_v better_a than_o cash_n in_o the_o chest_n because_o they_o lie_v there_o untell_v and_o be_v never_o stir_v the_o waste_n of_o our_o silver_n by_o carry_v recarrying_a and_o frequent_a tell_v it_o be_v no_o small_a loss_n in_o seven_o year_n as_o we_o have_v find_v to_o our_o woeful_a experience_n in_o clip_a money_n if_o ever_o our_o money_n become_v a_o commodity_n as_o it_o may_v be_v without_o doubt_n or_o inconveniency_n now_o these_o bank_n be_v set_v up_o at_o home_n it_o be_v true_a a_o thin_a clip_v half-crown_n or_o shilling_n or_o sixpence_n pass_v for_o half_a a_o crown_n or_o shilling_n or_o sixpence_n in_o the_o nation_n and_o be_v not_o worth_a half_a the_o value_n in_o holland_n or_o france_n where_o the_o intrinsic_a value_n and_o not_o the_o coin_n be_v consider_v a_o wise_a man_n think_v bank-money_n for_o this_o cause_n be_v better_a than_o wear_v money_n in_o holland_n where_o it_o may_v be_v export_v at_o pleasure_n and_o therefore_o be_v value_v according_a to_o its_o weight_n and_o fineness_n not_o its_o denomination_n our_o bank_n in_o england_n will_v be_v far_o better_a than_o the_o venetian_a bank_n which_o be_v under_o most_o of_o the_o same_o inconvenience_n as_o that_o at_o amsterdam_n as_o do_v plain_o appear_v by_o reflect_v upon_o what_o have_v be_v say_v doubtless_o a_o bill_n of_o credit_n upon_o bank_n or_o credit_v transfer_v will_v be_v more_o 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proposal_n to_o increase_n trade_n etc._n etc._n which_o may_v advance_v their_o majesty_n revenue_n and_o glory_n of_o the_o nation_n without_o any_o hazard_n or_o charge_n to_o any_o body_n with_o apparent_a profit_n to_o every_o body_n humble_o present_v to_o their_o most_o sacred_a majesty_n king_n william_n and_o queen_n mary_n which_o i_o pray_v may_v be_v of_o use_n to_o they_o who_o it_o shall_v please_v their_o most_o sacred_a majesty_n to_o honour_n in_o be_v governor_n deputy-governour_n and_o director_n to_o the_o corporation_n for_o a_o bank_n of_o credit_n in_o england_n late_o confirm_v by_o the_o king_n in_o parliament_n may_v it_o please_v your_o most_o excellent_a majesty_n since_o your_o subject_n have_v not_o all_o thing_n necessary_a to_o enable_v they_o to_o be_v useful_a to_o increase_v the_o trade_n of_o your_o kingdom_n therefore_o to_o their_o plentiful_a be_v there_o be_v a_o necessity_n of_o exchange_v one_o thing_n for_o another_o they_o do_v not_o always_o 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