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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n bill_n leave_v woollen_a 36 3 16.1201 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A48293 Proposals to the King and Parliament, or, A large model of a bank shewing how a fund of a bank may be made without much charge or any hazard, that may give out bills of credit to a vast extent, that all Europe will accept of rather than mony : together with some general proposals in order to an act of Parliament for the establishing this bank : also many of the great advantages that will accrue to the nation, to the crown, and to the people, are mentioned, with an answer to the objections that may be made against it / by M.L. Lewis, M. (Mark), fl. 1678. 1678 (1678) Wing L1848; ESTC R29943 42,251 47

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proposal_n to_o the_o king_n and_o parliament_n or_o a_o large_a model_n of_o a_o bank_n show_v how_o a_o fund_z of_o a_o bank_n may_v be_v make_v without_o much_o charge_n or_o any_o hazard_n that_o may_v give_v out_o bill_n of_o credit_n to_o a_o vast_a extent_n that_o all_o europe_n will_v accept_v of_o rather_o than_o mony_n together_o with_o some_o general_a proposal_n in_o order_n to_o a_o act_n of_o parliament_n for_o the_o establish_n this_o bank_n also_o many_o of_o the_o great_a advantage_n that_o will_v accrue_v to_o the_o nation_n to_o the_o crown_n and_o to_o the_o people_n be_v mention_v with_o a_o answer_n to_o the_o objection_n that_o may_v be_v make_v against_o it_o by_o m._n l._n d._n d._n london_n print_v for_o henry_n million_o at_o the_o sign_n of_o the_o bible_n in_o fleetstreet_n 1678._o to_o the_o reader_n i_o do_v not_o intend_v to_o make_v any_o pitiful_a apology_n to_o beg_v favour_n from_o the_o reader_n that_o he_o will_v use_v candour_n in_o peruse_v 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and_o common_a council_n the_o whole_a nation_n be_v a_o fund_z to_o raise_v rate_n for_o the_o poor_a and_o to_o pay_v the_o assessment_n the_o parliament_n shall_v lay_v upon_o it_o this_o be_v for_o charge_n and_o therefore_o may_v with_o good_a reason_n may_v become_v a_o fund_z in_o expectation_n of_o profit_n where_o there_o be_v so_o little_a appearance_n of_o any_o loss_n this_o will_v be_v no_o prejudice_n to_o any_o man_n estate_n land_n without_o this_o encumbrance_n be_v not_o worth_a above_o twenty_o year_n purchase_n set_v up_o these_o office_n and_o with_o this_o encumbrance_n in_o a_o little_a time_n the_o same_o land_n will_v be_v worth_a forty_o year_n purchase_n so_o that_o owner_n will_v have_v no_o cause_n to_o complain_v that_o this_o encumbrance_n may_v be_v the_o less_o the_o neighbourhood_n of_o every_o precinct_n shall_v choose_v yearly_a their_o state_v officer_n who_o shall_v give_v security_n to_o the_o neighbourhood_n the_o precinct_n shall_v not_o be_v damnify_v the_o neighbourhood_n ought_v to_o choose_v their_o own_o officer_n because_o they_o must_v be_v responsible_a for_o the_o action_n of_o their_o officer_n for_o this_o reason_n the_o freeman_n choose_v their_o common-counsel_n if_o they_o choose_v their_o officer_n they_o will_v endeavour_v to_o choose_v able_a and_o honest_a man_n that_o may_v deal_v just_o and_o the_o neighbourhood_n will_v be_v in_o no_o more_o danger_n of_o be_v damnify_v by_o their_o officer_n than_o the_o freeman_n of_o london_n have_v be_v prejudice_v by_o they_o in_o the_o chamber_n of_o london_n which_o have_v be_v nothing_o at_o all_o for_o many_o year_n as_o far_o as_o ever_o i_o have_v hear_v beside_o these_o state_v officer_n the_o
precinct_n may_v choose_v twenty_o four_o substantial_a person_n to_o be_v assistant_n to_o these_o as_o the_o common-counsel_n be_v to_o the_o lord_n major_n and_o the_o court_n of_o alderman_n these_o extraordinary_a officer_n will_v be_v a_o great_a bullwork_n against_o dead_a loss_n when_o as_o nothing_o shall_v be_v do_v in_o which_o there_o be_v hazard_n without_o their_o consent_n it_o may_v well_o be_v suppose_v they_o will_v be_v careful_a the_o neighbourhood_n shall_v not_o be_v injure_v because_o they_o must_v equal_o prejudice_v themselves_o with_o their_o neighbour_n the_o state_v officer_n shall_v have_v power_n only_o to_o receive_v in_o money_n to_o give_v cut_v bill_n of_o credit_n and_o bill_n of_o return_n and_o to_o pay_v these_o bill_n when_o they_o shall_v be_v bring_v to_o they_o but_o in_o case_n any_o money_n be_v to_o be_v lend_v out_o any_o land_n be_v to_o be_v purchase_v or_o any_o act_n to_o be_v do_v wherein_o there_o be_v hazard_n the_o assistant_n be_v always_o to_o be_v consult_v with_o which_o will_v in_o a_o great_a measure_n secure_v the_o precinct_n from_o many_o inconvenience_n that_o otherwise_o may_v ensue_v a_o superior_a officer_n to_o these_o must_v be_v constitute_v at_o london_n to_o be_v as_o a_o head_n to_o these_o inferior_a officer_n to_o give_v direction_n and_o motion_n to_o they_o these_o shall_v meddle_v with_o no_o money_n but_o be_v a_o check_n to_o all_o that_o do_v and_o once_o a_o year_n they_o shall_v balance_v these_o account_n of_o all_o the_o inferior_a office_n to_o see_v the_o condition_n of_o the_o nation_n and_o to_o state_n what_o be_v get_v or_o lose_v by_o the_o particular_a office_n there_o will_v be_v return_n make_v from_o one_o office_n to_o another_o backward_o and_o forward_o therefore_o there_o be_v a_o necessity_n of_o some_o sinew_n to_o go_v through_o and_o influence_n all_o of_o they_o which_o can_v be_v state_v no_o where_o so_o convenient_o as_o at_o london_n the_o centre_n of_o traffic_n and_o commerce_n the_o superior_a office_n will_v be_v a_o bridle_n upon_o the_o inferior_a office_n that_o they_o shall_v not_o run_v a_o ground_n especial_o if_o their_o account_n be_v send_v to_o they_o once_o a_o month._n the_o superior_a officer_n may_v be_v choose_v by_o the_o assistant_n one_o for_o a_o county_n if_o the_o county_n be_v large_a more_o may_v be_v choose_v for_o it_o as_o shall_v be_v agree_v upon_o it_o will_v be_v too_o great_a trouble_n for_o all_o the_o person_n in_o a_o county_n capacitate_v to_o elect_v the_o inferior_a officer_n to_o be_v convene_v at_o these_o election_n the_o assistant_n be_v as_o their_o representative_n and_o may_v be_v in_o reason_n have_v the_o election_n of_o the_o superior_a officer_n be_v better_a able_a to_o judge_v than_o the_o more_o inferior_a person_n be_v the_o salary_n of_o all_o these_o officer_n may_v be_v pay_v out_o of_o the_o clear_a profit_n of_o these_o office_n and_o not_o be_v much_o feel_v suppose_v the_o charge_n of_o these_o officer_n and_o office_n shall_v be_v two_o or_o three_o hundred_o thousand_o pound_n per_fw-la annum_fw-la the_o very_a perquisites_n and_o small_a accidental_a advantage_n will_v go_v a_o great_a way_n towards_o the_o defray_n of_o they_o if_o they_o shall_v fall_v short_a what_o be_v want_v may_v be_v take_v out_o of_o the_o clear_a profit_n these_o constitution_n will_v make_v the_o best_a fund_z of_o a_o bank_n yet_o in_o the_o world_n that_o i_o ever_o hear_v of_o because_o it_o can_v fail_v unless_o the_o island_n sink_v into_o the_o sea_n bank_n where_o money_n in_o specie_fw-la be_v the_o fund_z though_o in_o a_o fortify_v town_n defend_v by_o a_o army_n may_v be_v violate_v witness_v the_o danger_n amsterdam_n be_v late_o in_o but_o land_n will_v lie_v in_o the_o same_o place_n if_o a_o torrent_n of_o war_n come_v until_o the_o inundation_n be_v over_o unless_o the_o law_n of_o the_o land_n be_v whole_o alter_v which_o we_o can_v well_o suppose_v a_o conqueror_n will_v do_v let_v the_o creditor_n have_v as_o easy_a a_o way_n as_o possible_a to_o recover_v the_o debt_n of_o the_o neighbourhood_n in_o case_n the_o officer_n fail_v to_o be_v punctual_a that_o none_o may_v in_o the_o least_o doubt_v the_o value_n of_o his_o bill_n of_o credit_n no_o body_n will_v be_v much_o trouble_v that_o be_v rob_v of_o a_o thousand_o pound_n between_o sun_n and_o sun_n if_o he_o can_v easy_o make_v evident_a proof_n of_o it_o the_o present_a security_n of_o the_o hundred_o will_v be_v as_o good_a as_o money_n to_o he_o abate_v the_o charge_n of_o the_o suit_n these_o constitution_n will_v necessary_o bring_v in_o the_o bulk_n of_o the_o run_a cash_n of_o the_o nation_n to_o pass_v through_o these_o office_n in_o a_o little_a time_n a_o great_a part_n of_o the_o money_n of_o the_o nation_n be_v use_v in_o a_o few_o month_n upon_o return_n or_o in_o great_a payment_n or_o it_o will_v be_v deposit_v here_o for_o safety_n by_o these_o that_o have_v not_o a_o present_a occasion_n to_o use_v it_o and_o so_o in_o course_n will_v pass_v through_o these_o bank_n when_o money_n be_v bring_v into_o these_o bank_n it_o will_v keep_v there_o because_o it_o will_v be_v more_o safe_a more_o portable_a and_o more_o transferable_a than_o cash_n in_o specie_fw-la every_o man_n therefore_o will_v take_v a_o bill_n of_o credit_n rather_o than_o money_n unless_o in_o case_n of_o necessity_n for_o small_a expense_n especial_o if_o bank_n money_n or_o a_o bill_n of_o credit_n be_v make_v one_o or_o two_o per_fw-la cent._n better_o than_o cash_n in_o the_o chest_n which_o may_v be_v easy_o do_v the_o superior_a office_n have_v power_n to_o direct_v what_o allowance_n all_o person_n shall_v give_v to_o make_v run_v cash_n bank_n money_n suppose_v this_o office_n order_n whosoever_o desire_v to_o leave_v any_o money_n in_o the_o bank_n for_o safety_n and_o to_o take_v a_o bill_n of_o credit_n for_o it_o shall_v pay_v mint_n money_n into_o the_o office_n that_o be_v money_z new_a coin_v never_o use_v in_o any_o payment_n or_o tin_n money_n or_o they_o shall_v pay_v two_o per_fw-mi cent._n if_o they_o pay_v old_a money_n or_o so_o much_o as_o the_o superior_a officer_n shall_v set_v the_o exchange_n at_o this_o will_v not_o be_v any_o grievance_n to_o the_o people_n for_o 1_o they_o be_v not_o force_v to_o leave_v their_o money_n there_o but_o may_v have_v it_o in_o their_o own_o custody_n as_o they_o have_v now_o if_o their_o cash_n be_v make_v never_o the_o better_a by_o this_o bank_n to_o be_v sure_a it_o be_v not_o the_o worse_o and_o you_o may_v be_v sure_a unless_o they_o can_v make_v some_o advantage_n by_o leave_v their_o money_n there_o all_o thing_n consider_v they_o will_v not_o do_v it_o 2_o the_o business_n may_v be_v so_o order_v that_o for_o sometime_o at_o the_o first_o all_o man_n that_o please_v may_v deposit_v their_o money_n in_o these_o bank_n without_o any_o allowance_n suppose_v for_o the_o first_o three_o month_n or_o six_o month_n than_o five_o shilling_n or_o ten_o shilling_n a_o hundred_o may_v be_v impose_v as_o the_o superior_a office_n shall_v think_v fit_a and_o so_o they_o may_v rise_v gradual_o till_o they_o come_v to_o that_o height_n they_o intend_v the_o change_n shall_v go_v 3_o when_o money_n be_v once_o make_v bank_n money_n it_o always_o remain_v so_o until_o it_o be_v take_v out_o and_o so_o this_o charge_n be_v but_o once_o and_o whoever_o take_v money_n out_o of_o the_o bank_n which_o all_o man_n may_v do_v at_o any_o time_n they_o know_v it_o must_v be_v put_v in_o again_o upon_o such_o and_o such_o condition_n 4_o bank_n money_n will_v be_v so_o much_o better_a than_o cash_n in_o the_o chest_n to_o buy_v what_o we_o want_v or_o to_o pay_v where_o we_o be_v indebt_v as_o the_o exchange_n come_v to_o be_v it_o more_o or_o less_o not_o only_o here_o in_o england_n but_o all_o the_o world_n over_o money_n be_v not_o whole_o esteem_v according_a to_o the_o intrinsic_a value_n but_o at_o the_o rate_n it_o will_v pass_v currant_n at_o a_o old_a groat_n be_v not_o worth_a two_o penny_n but_o because_o it_o pass_v current_o for_o four_o penny_n every_o one_o esteem_v it_o so_o 5_o the_o allowance_n thus_o pay_v to_o make_v money_n bank_n money_n will_v return_v to_o the_o person_n out_o of_o who_o purse_n it_o go_v namely_o the_o clear_a profit_n of_o the_o bonk_n of_o which_o this_o will_v be_v a_o small_a part_n it_o will_v be_v to_o the_o advantage_n of_o rich_a man_n in_o maintain_v the_o poor_a in_o lessen_v tax_n or_o some_o way_n or_o other_o ease_v they_o in_o discharge_v that_o they_o must_v have_v pay_v out_o of_o their_o purse_n the_o raise_n of_o bank_n money_n two_o per_fw-la cent._n about_o the_o value_n
the_o thing_n will_v justify_v the_o prudence_n of_o the_o parliamont_n to_o attempt_v it_o whilst_o it_o do_v not_o seem_v impossible_a some_o out-line_n or_o a_o rough_a draught_n of_o some_o proposal_n preparatory_a to_o a_o bill_n in_o order_n to_o a_o act_n of_o parliament_n to_o facilitate_v the_o return_n of_o money_n to_o prevent_v rob_v as_o also_o to_o quicken_v trade_n and_o bring_v in_o bullion_n to_o the_o mint_n by_o raise_v a_o bank_n 1._o whereas_o diverse_a robbery_n be_v daily_o commit_v to_o the_o loss_n of_o many_o man_n life_n and_o sundry_a robbery_n be_v pretend_v to_o be_v commit_v to_o the_o damage_n of_o the_o hundred_o where_o they_o be_v do_v or_o pretend_v to_o be_v do_v 2._o and_o whereas_o great_a inconvenience_n do_v accrue_v to_o the_o crown_n and_o people_n for_o want_v of_o a_o expeditious_a and_o secure_a way_n of_o return_v money_n from_o one_o part_n of_o the_o nation_n to_o another_o 3._o and_o whereas_o banks_n be_v very_o advantageous_a to_o trade_n and_o in_o maritime_a place_n do_v exceed_o increase_v seaman_n and_o ship_n 4._o and_o whereas_o for_o want_n of_o these_o bank_n which_o do_v much_o increase_v the_o run_v cash_n tradesman_n be_v force_v to_o deal_v upon_o trust_n to_o their_o great_a loss_n 5._o and_o whereas_o no_o nation_n let_v the_o staple_n commodity_n be_v what_o it_o will_v even_a gold_n and_o silver_n itself_o can_v grow_v and_o continue_v great_a without_o trade_n 6._o and_o whereas_o the_o growth_n increase_n and_o continuance_n of_o trade_n depend_v upon_o a_o capacity_n of_o bring_v in_o a_o competent_a quantity_n of_o bullion_n to_o the_o mint_n to_o increase_v our_o stock_n of_o coin_n and_o to_o repair_v the_o waist_n of_o our_o run_v cash_n 7._o and_o whereas_o those_o pious_a act_n to_o relieve_v necessitous_a person_n through_o the_o exorbitancy_n of_o the_o poor_a and_o other_o abuse_n be_v become_v a_o grievance_n 8._o and_o whereas_o sundry_a fraud_n do_v happen_v in_o the_o receipt_n and_o payment_n of_o great_a sum_n of_o mony_n 9_o and_o whereas_o the_o owner_n of_o house_n land_n and_o ship_n be_v not_o able_a to_o supply_v themselves_o with_o money_n upon_o they_o by_o reason_n title_n be_v uncertain_a 10._o and_o whereas_o diverse_a person_n let_v their_o money_n lie_v dead_a by_o they_o lest_o they_o shall_v make_v bad_a debt_n 11._o and_o whereas_o sudden_a supply_n of_o money_n be_v necessary_a to_o the_o crown_n and_o kingdom_n in_o case_n of_o any_o rebellion_n at_o home_n or_o invasion_n from_o abroad_o 12._o and_o whereas_o money_n bank_n be_v in_o danger_n of_o violence_n in_o case_n of_o any_o disturbance_n among_o the_o people_n where_o they_o be_v not_o keep_v in_o a_o fortify_v town_n and_o secure_v by_o a_o army_n 13._o and_o last_o whereas_o the_o great_a difficulty_n in_o set_v up_o bank_n be_v to_o provide_v a_o considerable_a quantity_n of_o ready_a money_n to_o answer_v all_o bill_n when_o they_o shall_v be_v bring_v to_o they_o it_o be_v propose_v that_o a_o bill_n may_v be_v prepare_v that_o the_o kingdom_n of_o england_n and_o dominion_n of_o wales_n may_v be_v divide_v into_o several_a precinct_n in_o manner_n and_o form_n follow_v that_o be_v etc._n etc._n also_o it_o be_v propose_v that_o in_o the_o most_o convenient_a place_n of_o each_o of_o these_o precinct_n a_o office_n shall_v be_v erect_v for_o the_o return_n of_o money_n and_o for_o the_o make_n of_o great_a payment_n namely_o a_o office_n shall_v be_v erect_v at_o york_n etc._n etc._n it_o be_v propose_v that_o the_o town_n where_o these_o office_n shall_v be_v settle_v shall_v keep_v a_o watch_n for_o the_o security_n of_o the_o office_n against_o robbery_n it_o be_v propose_v that_o the_o neighbourhood_n within_o the_o precinct_n according_a to_o their_o estate_n shall_v choose_v one_o to_o be_v master_n of_o the_o bank_n and_o they_o shall_v choose_v twenty_o four_o assistant_n to_o he_o each_o of_o which_o shall_v have_v 50_o per_fw-la annum_fw-la on_o the_o first_o tuesday_n in_o october_n at_o the_o place_n where_o the_o office_n be_v appoint_v that_o be_v every_o person_n that_o have_v 10_o l._n per_fw-la annum_fw-la or_o 200_o l._n personal_a estate_n shall_v have_v one_o voice_n and_o every_o one_o that_o have_v double_a that_o estate_n shall_v have_v two_o voice_n and_o so_o upward_o till_o you_o come_v to_o 100_o l._n per_fw-la annum_fw-la he_o shall_v have_v ten_o voice_n but_o none_o shall_v exceed_v that_o number_n it_o be_v propose_v that_o each_o of_o these_o office_n shall_v have_v a_o seal_n and_o be_v incorporate_v it_o be_v propose_v that_o a_o return_n shall_v be_v make_v from_o every_o parish_n to_o the_o two_o next_o justice_n of_o the_o peace_n of_o the_o estate_n every_o one_o have_v within_o their_o parish_n it_o be_v propose_v all_o the_o justice_n of_o the_o peace_n within_o the_o precinct_n shall_v be_v present_a at_o the_o election_n and_o shall_v have_v the_o oversight_n and_o management_n of_o it_o this_o master_n of_o the_o bank_n shall_v be_v a_o person_n of_o estate_n who_o by_o himself_o and_o friend_n may_v give_v security_n that_o the_o neighbourhood_n shall_v not_o suffer_v by_o his_o neglect_n or_o irregular_a act_n the_o master_n of_o the_o bank_n shall_v have_v a_o salary_n of_o and_o shall_v choose_v one_o or_o more_o clerk_n to_o be_v approve_v of_o by_o his_o assistant_n who_o shall_v have_v a_o salary_n of_o out_o of_o the_o clear_a profit_n the_o master_n of_o the_o bank_n and_o his_o clerk_n shall_v attend_v the_o office_n at_o such_o time_n as_o the_o assistant_n shall_v appoint_v the_o major_a part_n of_o the_o assistant_n shall_v be_v necessary_a to_o make_v a_o coram_fw-la and_o shall_v meet_v the_o first_o mondy_n in_o every_o month_n and_o often_o if_o need_n require_v to_o assist_v the_o master_n as_o there_o shall_v be_v occasion_n and_o shall_v be_v allow_v for_o each_o meeting_n it_o be_v propose_v that_o the_o estate_n of_o the_o whole_a precinct_n real_a and_o personal_a shall_v be_v oblige_v to_o make_v good_a the_o act_n of_o the_o bank_n as_o in_o the_o case_n of_o robbery_n it_o be_v propose_v that_o all_o person_n whosoever_o shall_v have_v liberty_n to_o pay_v any_o sum_n of_o money_n above_o 5_o l._n or_o upward_o into_o these_o office_n which_o shall_v be_v repay_v he_o again_o at_o any_o office_n where_o he_o shall_v desire_v it_o if_o the_o return_n be_v immediate_o to_o or_o from_o london_n the_o money_n shall_v be_v pay_v in_o six_o day_n but_o if_o the_o return_n be_v double_a that_o be_v from_z york_z to_o bristol_n which_o must_v be_v by_o london_n fourteen_o day_n shall_v be_v allow_v all_o person_n return_v money_n shall_v pay_v one_o penny_n the_o pound_n if_o the_o return_n be_v above_o a_o hundred_o mile_n and_o one_o half_a penny_n the_o pound_n if_o the_o return_n be_v under_o a_o hundred_o mile_n but_o shall_v be_v at_o his_o liberey_n to_o return_v it_o cheap_a if_o he_o can_v provide_v never_o the_o less_o that_o all_o his_o majesty_n money_n shall_v be_v return_v gratis_o and_o also_o be_v make_v bank_n money_n gratis_o it_o be_v propose_v that_o a_o private_a mark_n shall_v be_v agree_v upon_o between_o the_o office_n and_o the_o person_n return_v money_n to_o prevent_v the_o loss_n of_o the_o bill_n by_o thief_n it_o be_v propose_v that_o if_o by_o any_o accident_n especial_o at_o the_o first_o set_v up_o these_o office_n there_o be_v not_o money_n in_o specie_fw-la to_o answer_v all_o person_n desire_v it_o the_o office_n shall_v give_v the_o creditor_n a_o bill_n of_o credit_n for_o his_o money_n for_o three_o month_n and_o shall_v pay_v the_o common_a interest_n during_o that_o time_n unless_o money_n in_o specie_fw-la be_v provide_v soon_o and_o if_o then_o the_o office_n do_v not_o day_n the_o principal_a and_o interest_n the_o creditor_n shall_v recover_v it_o of_o the_o province_n by_o such_o mean_n as_o shall_v be_v appoint_v and_o so_o shall_v all_o other_o person_n that_o be_v not_o just_o deal_v withal_o it_o be_v further_a propose_v that_o all_o great_a payment_n of_o 100_o l._n or_o upward_o shall_v be_v pay_v through_o these_o bank_n by_o the_o debtor_n to_o the_o creditor_n else_o they_o shall_v not_o be_v good_a in_o law_n provide_v nevertheless_o that_o all_o lesser_a payment_n of_o 5_o l._n and_o upward_o may_v be_v pay_v into_o these_o bank_n if_o the_o debtor_n please_v it_o be_v propose_v that_o if_o any_o person_n desire_v to_o leave_v his_o money_n in_o specie_fw-la to_o be_v keep_v by_o the_o bank_n and_o take_v a_o bill_n of_o credit_n he_o shall_v pay_v in_o mint_n money_n or_o tin_n money_n into_o the_o bank_n or_o he_o shall_v pay_v so_o much_o in_o the_o hundred_o as_o the_o superior_a office_n shall_v direct_v it_o be_v propose_v that_o all_o money_n leave_v
may_v rational_o hope_v he_o shall_v have_v some_o advantage_n more_o or_o less_o by_o they_o but_o because_o the_o concern_n be_v general_a affect_v the_o whole_a nation_n and_o many_o person_n can_v see_v where_o their_o particular_a advantage_n lie_v for_o a_o general_a satisfaction_n i_o shall_v endeavour_v to_o show_v particular_o how_o these_o bank_n will_v be_v profitable_a 1._o to_o the_o nation_n in_o general_n 2._o to_o the_o crown_n 3._o to_o the_o people_n that_o we_o may_v see_v how_o the_o nation_n in_o general_n shall_v be_v advantage_v we_o must_v look_v upon_o the_o nation_n as_o one_o great_a family_n for_o so_o indeed_o it_o be_v whenever_o a_o particular_a person_n get_v the_o nation_n get_v and_o the_o family_n grow_v rich_a by_o that_o accession_n and_o when_o ever_o the_o nation_n get_v in_o the_o general_n it_o must_v be_v in_o some_o particular_a person_n hand_n who_o by_o that_o increase_n do_v grow_v rich_a for_o the_o whole_a be_v make_v up_o of_o the_o 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jewel_n and_o plate_n as_o we_o see_v it_o be_v with_o overgrow_a rich_a men._n 2._o the_o trade_n of_o merchandize_v will_v increase_v as_o i_o shall_v show_v afterward_o england_n may_v become_v as_o one_o city_n of_o trade_n and_o be_v the_o emporie_n of_o the_o world_n it_o be_v not_o so_o much_o the_o product_n of_o our_o fertile_a land_n as_o the_o profit_n of_o trade_n far_o surmount_v this_o that_o make_v our_o nation_n flourish_v 3._o the_o fishery_n and_o diverse_a manufacture_n may_v be_v set_v up_o though_o these_o be_v manage_v at_o first_o to_o some_o loss_n yet_o at_o that_o time_n they_o will_v be_v great_a gain_n to_o the_o nation_n there_o be_v in_o england_n three_o hundred_o thousand_o pair_n of_o lazy_a hand_n some_o think_v more_o that_o earn_v little_a if_o these_o be_v bring_v to_o earn_v but_o three_o penny_n a_o day_n one_o with_o another_o which_o may_v be_v admit_v the_o profit_n to_o the_o nation_n will_v be_v twelve_o hundred_o thousand_o pound_n if_o two_o or_o three_o hundred_o thousand_o pound_n be_v lose_v in_o these_o trade_n the_o rest_n will_v be_v clear_a gain_n to_o the_o nation_n for_o the_o poor_a employ_v will_v consume_v no_o more_o victual_n nor_o clothes_n when_o they_o work_v than_o they_o do_v now_o they_o be_v idle_a obj._n we_o make_v more_o good_n already_o than_o we_o can_v consume_v or_o than_o the_o world_n will_v utter_v ans_fw-fr the_o fishery_n the_o linen_n manufacture_n and_o the_o make_n of_o white_a paper_n fit_a for_o write_v and_o print_v not_o practicable_a in_o england_n till_o of_o late_a and_o by_o the_o great_a industry_n and_o care_n of_o eaustacey_n burneby_n esq_n bring_v to_o perfection_n and_o may_v compare_v with_o the_o best_a in_o the_o world_n and_o will_v employ_v our_o idle_a hand_n we_o import_v yearly_a in_o thread_n twine_n tape_n linen_n hemp_n flax_n and_o paper_n above_o fourteen_o hundred_o thousand_o pound_n per_fw-la annum_fw-la all_o this_o will_v be_v save_v if_o we_o shall_v make_v more_o than_o we_o use_v we_o may_v export_v our_o commodity_n as_o well_o as_o other_o this_o very_a consideration_n of_o make_v paper_n of_o rag_n we_o now_o throw_v to_o the_o dunghill_n and_o employ_v all_o the_o poor_a in_o our_o linen_n manufacture_n which_o be_v buy_v of_o foreiner_n with_o dry_a money_n be_v a_o sufficient_a argument_n to_o excite_v those_o in_o authority_n with_o all_o their_o vigour_n to_o promote_v these_o bank_n that_o they_o may_v keep_v their_o cash_n in_o the_o nation_n and_o be_v free_v from_o the_o charge_n of_o maintain_v their_o poor_a by_o a_o pound_n rate_n if_o the_o act_n for_o bury_v in_o woollen_a be_v reinforce_v it_o will_v raise_v the_o price_n of_o wool_n now_o worth_a little_a and_o we_o shall_v have_v consume_v more_o than_o be_v now_o in_o england_n if_o it_o have_v be_v put_v in_o execution_n it_o will_v also_o prevent_v the_o exportation_n of_o great_a quantity_n of_o wool_n before_o the_o work_n of_o it_o up_o the_o mixture_n of_o our_o wool_n with_o foreign_a wool_n make_v it_o fit_a for_o manufacture_n which_o otherwise_o will_v not_o be_v which_o be_v sell_v at_o low_a rate_n and_o hinder_v the_o send_n over_o of_o great_a quantity_n of_o cloth_n to_o the_o prejudice_n of_o woollen_a draper_n and_o clothier_n great_a part_n of_o which_o be_v force_v to_o leave_v off_o their_o employment_n for_o want_n of_o trade_n the_o poor_a will_v have_v be_v employ_v in_o work_v up_o wool_n and_o make_v cloth_n if_o this_o act_n be_v reinforce_v it_o will_v help_v we_o to_o many_o hundred_o tun_n of_o linen_n rag_n yearly_o which_o will_v enable_v we_o to_o carry_v on_o the_o make_n of_o all_o sort_n of_o white_a paper_n fit_a for_o write_v and_o print_v as_o to_o the_o fishery_n the_o dutch_a to_o be_v sure_o have_v make_v a_o good_a market_n of_o it_o 4._o people_n will_v increase_v trade_n will_v bring_v in_o people_n to_o the_o nation_n where_o trade_n be_v there_o be_v employment_n where_o employment_n be_v thither_o people_n will_v resort_v where_o people_n be_v there_o will_v be_v consumption_n of_o commodity_n if_o these_o bank_n be_v constitute_v and_o trading_n do_v flourish_v we_o need_v not_o doubt_v but_o the_o dutch_a flemish_a french_a and_o people_n from_o all_o part_n of_o europe_n that_o have_v estate_n will_v resort_v hither_o to_o enjoy_v themselves_o and_o their_o estate_n and_o those_o that_o be_v ingenious_a will_v seat_v themselves_o here_o to_o get_v estate_n provide_v a_o convenient_a door_n be_v open_v to_o let_v they_o in_o and_o reasonable_a indulgence_n be_v give_v to_o they_o when_o they_o be_v here_o it_o be_v not_o a_o contemptible_a consideration_n that_o these_o bank_n will_v be_v a_o great_a safety_n to_o the_o nation_n whilst_o all_o all_o the_o world_n that_o trade_n with_o we_o will_v have_v a_o kindness_n for_o we_o especial_o when_o these_o bank_n keep_v their_o money_n they_o will_v desire_v and_o as_o far_o as_o they_o can_v endeavour_v to_o 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of_o industrious_a hand_n but_o i_o propose_v employment_n and_o then_o there_o be_v no_o doubt_n the_o consumption_n of_o the_o people_n be_v not_o so_o much_o as_o the_o product_n of_o their_o labour_n but_o they_o be_v real_o the_o riches_n and_o strength_n of_o a_o nation_n the_o more_o the_o merry_a like_o bee_n in_o a_o hive_n and_o better_a cheer_n too_o lomber_v will_v natural_o grow_v out_o of_o the_o side_n of_o these_o bank_n as_o twig_n do_v from_o tree_n and_o so_o many_o of_o these_o may_v be_v set_v up_o by_o these_o office_n in_o the_o several_a part_n of_o the_o nation_n as_o may_v be_v judge_v convenient_a to_o lend_v out_o small_a sum_n of_o money_n upon_o pawn_n to_o mean_v and_o necessitous_a people_n which_o will_v be_v very_o advantageous_a in_o the_o country_n as_o
in_o any_o of_o these_o office_n upon_o which_o a_o bill_n of_o credit_n be_v give_v out_o shall_v be_v free_a from_o all_o forfeiture_n and_o confiscation_n what_o crime_n soever_o the_o owner_n shall_v be_v convict_v off_o it_o be_v propose_v that_o all_o bill_n shall_v be_v write_v in_o marble_n paper_n the_o upper_a part_n of_o the_o bill_n shall_v be_v cut_v off_o indenture-wise_a this_o talid_a or_o indenture_n shall_v be_v keep_v in_o the_o office_n where_o credit_n be_v give_v out_o or_o send_v to_o the_o office_n where_o money_n be_v to_o be_v receive_v upon_o account_n of_o return_n in_o this_o talid_a shall_v be_v write_v the_o year_n the_o month_n the_o day_n the_o person_n name_n the_o sum_n and_o the_o number_n of_o the_o bill_n it_o be_v propose_v that_o in_o case_n money_n shall_v lie_v dead_a in_o these_o bank_n it_o shall_v be_v disperse_v among_o the_o neighbourhood_n at_o small_a interest_n upon_o good_a security_n to_o be_v pay_v at_o three_o month_n notice_n for_o which_o time_n the_o neighbourhood_n shall_v pay_v the_o common_a interest_n it_o be_v propose_v in_o case_n of_o any_o common_a calamity_n the_o bank_n shall_v pay_v the_o common_a interest_n to_o all_o person_n require_v their_o money_n until_o they_o can_v turn_v their_o effect_n into_o mony_n it_o shall_v be_v felony_n without_o clergy_n to_o counterfeit_v or_o steal_v a_o bill_n or_o by_o force_n to_o attempt_v the_o violate_v any_o of_o these_o bank_n it_o be_v propose_v that_o one_o penny_n shall_v be_v allow_v to_o the_o office_n for_o every_o bill_n of_o credit_n or_o bill_n of_o return_n receive_v in_o or_o give_v out_o for_o every_o sum_n under_o 20_o l._n and_o two_o penny_n shall_v be_v allow_v for_o every_o bill_n under_o 40_o l._n etc._n etc._n it_o be_v propose_v that_o these_o bill_n of_o credit_n give_v out_o by_o any_o of_o these_o office_n be_v make_v transferable_a .._o it_o be_v propose_v that_o one_o public_a hospital_n and_o one_o public_a workhouse_n shall_v be_v erect_v in_o every_o precinct_n to_o entertain_v the_o age_a impotent_a and_o idle_a poor_a who_o shall_v be_v provide_v for_o out_o of_o the_o clear_a profit_n of_o the_o bank_n the_o master_n of_o the_o bank_n shall_v have_v power_n to_o order_v these_o house_n as_o a_o justice_n of_o the_o peace_n it_o be_v propose_v that_o the_o master_n of_o the_o bank_n shall_v have_v power_n only_o to_o receive_v in_o and_o to_o pay_v out_o money_n to_o give_v out_o bill_n of_o credit_n and_o bill_n of_o exchange_n if_o he_o shall_v do_v any_o thing_n beyond_o these_o without_o the_o direction_n of_o the_o assistant_n he_o shall_v be_v answerable_a for_o all_o the_o loss_n and_o bear_v the_o province_n harmless_a it_o be_v propose_v that_o in_o all_o case_n of_o hazard_n the_o master_n of_o the_o bank_n shall_v take_v the_o advice_n of_o his_o assistant_n at_o their_o monthly_a meeting_n and_o shall_v call_v they_o together_o often_o if_o he_o think_v the_o necessity_n of_o his_o affair_n require_v it_o the_o assistant_n shall_v have_v power_n to_o give_v direction_n when_o and_o where_o he_o shall_v provide_v a_o hospital_n and_o a_o workhouse_n what_o good_n the_o poor_a shall_v make_v when_o and_o at_o what_o rate_v they_o shall_v be_v sell_v the_o assistant_n shall_v direct_v what_o money_n shall_v be_v lend_v out_o and_o what_o security_n shall_v be_v take_v the_o assistant_n shall_v have_v power_n to_o direct_v the_o buy_n of_o ship_n house_n land_n and_o how_o they_o shall_v be_v dispose_v of_o the_o assistant_n shall_v have_v power_n at_o any_o time_n to_o direct_v when_o the_o money_n shall_v be_v disperse_v among_o the_o neighbourhood_n and_o when_o it_o shall_v be_v call_v in_o again_o the_o assistant_n shall_v direct_v if_o they_o judge_v convenient_a the_o set_v up_o a_o lomber_n all_o good_n bring_v into_o these_o lomber_v shall_v be_v in_o the_o same_o condition_n as_o good_n sell_v in_o the_o open_a market_n and_o provision_n may_v be_v make_v that_o the_o bank_n and_o lomber_v may_v not_o suffer_v by_o the_o statute_n of_o bankrupt_a it_o be_v propose_v that_o a_o superior_a office_n shall_v be_v erect_v at_o london_n of_o responsible_a person_n the_o assistant_n to_o the_o master_n in_o every_o county_n shall_v choose_v these_o at_o their_o respective_a county_n town_n on_o the_o second_o tuesday_n in_o october_n one_o for_o a_o small_a county_n and_o more_o for_o a_o great_a county_n according_a to_o their_o bigness_n the_o major_a part_n of_o these_o shall_v make_v a_o coram_fw-la and_o shall_v be_v present_a at_o their_o office_n hour_n in_o the_o forenoon_n and_o hour_n in_o the_o afternoon_n and_o shall_v have_v a_o salary_n of_o per_fw-la annum_fw-la this_o office_n shall_v have_v a_o seal_n and_o be_v incorporate_a this_o superior_a office_n shall_v meddle_v with_o no_o money_n but_o be_v a_o check_n upon_o all_o that_o do_v this_o superior_a office_n shall_v have_v the_o account_n of_o the_o inferior_a office_n return_v to_o they_o every_o month_n and_o shall_v once_o a_o year_n balance_v all_o their_o account_n that_o the_o estate_n of_o the_o whole_a notion_n may_v be_v understand_v this_o superior_a office_n shall_v have_v power_n to_o order_v the_o transfer_v of_o money_n from_o one_o office_n to_o another_o from_o the_o place_n where_o it_o be_v superfluous_a to_o the_o place_n where_o it_o be_v want_v this_o superior_a office_n shall_v have_v power_n to_o erect_v factory_n for_o the_o manage_n trade_n at_o home_n and_o abroad_o or_o it_o may_v be_v leave_v to_o inferior_a office_n to_o do_v as_o they_o think_v good_a this_o office_n shall_v have_v power_n to_o direct_v what_o good_n homebred_a or_o foreign_a shall_v be_v engross_v especial_o tin_n and_o lead_n from_o whence_o money_n or_o credit_n may_v be_v most_o convenient_o draw_v by_o what_o office_n or_o officer_n these_o good_n shall_v be_v sell_v and_o where_o the_o product_n of_o they_o shall_v be_v deposit_v it_o be_v propose_v as_o soon_o as_o these_o inferior_a bank_n shall_v have_v money_n or_o credit_n sufficient_a the_o superior_a officer_n shall_v direct_v the_o buy_n up_o all_o the_o tin_n at_o the_o market_n price_n if_o they_o think_v fit_a and_o shall_v be_v farmer_n to_o his_o majesty_n for_o his_o tin_n farm_n so_o much_o of_o this_o tin_n as_o be_v requisite_a shall_v be_v coin_v into_o small_a money_n the_o remainder_n shall_v remain_v in_o block_n and_o engot_n and_o be_v currant_n money_n of_o england_n at_o the_o market_n price_n this_o superior_a office_n shall_v have_v power_n to_o set_v the_o interest_n of_o money_n under_o six_o per_fw-la cent._n to_o set_v the_o market_n price_n of_o tin_n and_o what_o allowance_n old_a money_n shall_v give_v to_o be_v make_v bank-mony_n this_o superior_a office_n shall_v have_v the_o power_n of_o set_v up_o promote_a and_o order_v the_o fishery_n or_o this_o may_v be_v leave_v to_o inferior_a office_n which_o shall_v be_v upon_o the_o place_n this_o superior_a office_n shall_v have_v power_n in_o case_n of_o any_o emergency_n to_o supply_v his_o majesty_n with_o what_o money_n they_o think_v necessary_a without_o interest_n until_o a_o parliament_n be_v convene_v all_o officer_n and_o office_n shall_v have_v the_o same_o privilege_n to_o recover_v any_o thing_n due_a to_o they_o as_o his_o majesty_n have_v and_o no_o judgement_n confess_v shall_v be_v available_a till_o the_o office_n be_v satisfy_v this_o superior_a office_n shall_v be_v accountable_a to_o none_o but_o to_o the_o parliament_n if_o so_o great_a a_o loss_n do_v happen_v to_o any_o precinct_n that_o the_o precinct_n can_v bear_v it_o without_o ruin_n this_o superior_a office_n shall_v relieve_v they_o upon_o the_o whole_a nation_n as_o they_o shall_v judge_v convenient_a the_o superior_a office_n take_v the_o account_n of_o the_o inferior_a office_n shall_v distinct_o state_n the_o profit_v yearly_a of_o every_o office_n that_o they_o may_v have_v the_o share_n of_o the_o profit_n of_o their_o own_o bank_n several_o all_o officer_n shall_v be_v choose_v yearly_o and_o the_o power_n of_o the_o old_a officer_n shall_v cease_v upon_o the_o first_o of_o january_n and_o the_o new_a elect_a officer_n shall_v then_o enter_v upon_o their_o office_n to_o the_o end_n these_o bank_n may_v have_v security_n to_o extend_v their_o credit_n upon_o it_o be_v propose_v that_o all_o person_n if_o they_o please_v may_v register_v ship_n house_n and_o land_n of_o which_o they_o be_v or_o think_v themselves_o to_o be_v proprietor_n the_o assistant_n to_o the_o master_n of_o the_o bank_n shall_v have_v power_n to_o constitute_v the_o master_n of_o the_o bank_n to_o be_v the_o register_n or_o any_o other_o person_n they_o shall_v judge_v more_o convenient_a and_o they_o shall_v appoint_v the_o master_n of_o the_o register_n clark_n under_o he_o and_o shall_v give_v such_o
salary_n as_o they_o shall_v think_v fit_a whosoever_o intend_v to_o register_v his_o land_n house_n or_o ship_n shall_v put_v up_o a_o bill_n upon_o the_o church_n door_n for_o four_o sunday_n there_o to_o remain_v from_o eight_o of_o the_o clock_n in_o the_o morning_n till_o four_o in_o the_o afternoon_n at_o the_o place_n where_o the_o person_n register_n life_n and_o also_o where_o the_o house_n stand_v or_o land_n lie_v the_o minister_n and_o church_n warden_n of_o the_o parish_n shall_v certify_v to_o the_o office_n under_o their_o hand_n that_o this_o be_v do_v with_o a_o true_a copy_n of_o the_o paper_n set_v up_o and_o in_o every_o parish_n there_o shall_v be_v keep_v a_o register_n of_o these_o bill_n the_o house_n and_o land_n shall_v be_v register_v in_o the_o office_n where_o the_o land_n lie_v and_o the_o house_n stand_v ship_n shall_v be_v register_v in_o the_o office_n where_o the_o owner_n or_o owner_n live_v the_o party_n register_n his_o ship_n house_n or_o land_n shall_v go_v to_o the_o office_n with_o this_o certificate_n which_o shall_v be_v there_o record_v and_o a_o breviate_v of_o the_o deed_n with_o the_o use_v it_o lead_v to_o and_o the_o encumbrance_n that_o be_v upon_o it_o all_o person_n shall_v have_v liberty_n within_o the_o space_n of_o six_o month_n after_o this_o registration_n to_o bring_v in_o their_o claim_n and_o to_o enter_v the_o encumbrance_n they_o have_v upon_o the_o land_n but_o if_o they_o do_v not_o enter_v they_o within_o the_o space_n of_o six_o month_n they_o shall_v be_v utter_o void_a the_o party_n register_n shall_v allow_v to_o the_o officer_n for_o every_o sheet_n of_o parchment_n contain_v the_o evidence_n etc._n etc._n the_o nation_n be_v now_o satisfy_v of_o what_o great_a a_o use_n a_o register_n will_v be_v and_o it_o be_v evident_a a_o voluntary_a register_n will_v be_v no_o grievance_n to_o any_o it_o will_v be_v a_o great_a advantage_n to_o many_o if_o these_o office_n shall_v be_v set_v up_o where_o the_o register_n may_v be_v keep_v three_o part_n of_o four_o of_o the_o difficulty_n be_v over_o and_o much_o of_o the_o charge_n will_v be_v abate_v how_o great_a the_o benefit_n of_o these_o bank_n will_v be_v can_v easy_o be_v determine_v they_o will_v be_v to_o the_o nation_n what_o a_o inexhaustible_a treasure_n will_v be_v it_o be_v evident_a the_o bank_n shall_v have_v the_o benefit_n of_o so_o much_o money_n as_o they_o can_v let_v out_o to_o interest_n at_o two_o or_o three_o per_fw-la cent._n they_o shall_v pay_v no_o interest_n neither_o shall_v they_o ever_o pay_v in_o the_o principal_a so_o long_o as_o they_o continue_v to_o be_v a_o bank_n the_o bank_n shall_v have_v so_o much_o benefit_n as_o they_o can_v make_v of_o a_o inexhaustible_a treasure_n by_o lay_v it_o out_o upon_o ship_n house_n land_n or_o any_o good_n they_o think_v they_o can_v get_v by_o the_o accidental_a profit_n mention_v in_o the_o proposal_n will_v amount_v to_o two_o or_o three_o hundred_o thousand_o pound_n per_fw-la annum_fw-la or_o probable_o to_o so_o much_o as_o may_v discharge_v the_o office_n and_o officer_n how_o these_o clear_a profit_n shall_v be_v dispose_v of_o i_o dare_v not_o presume_v to_o meddle_v with_o but_o leave_v it_o to_o the_o parliament_n to_o determine_v if_o they_o be_v divide_v between_o the_o crown_n and_o people_n the_o people_n share_n may_v be_v employ_v in_o maintain_v the_o poor_a set_v up_o work-house_n warehouse_n granary_n in_o make_v river_n navigable_a highway_n passable_a etc._n etc._n a_o supplement_n to_o the_o proposal_n show_v what_o the_o benefit_n of_o these_o bank_n will_v be_v with_o a_o answer_n to_o the_o material_a objection_n that_o may_v be_v make_v against_o these_o proposal_n it_o be_v evident_a the_o great_a bulk_n of_o the_o cash_n in_o the_o nation_n in_o a_o few_o month_n must_v pass_v through_o these_o bank_n and_o when_o money_n be_v there_o no_o native_a or_o foreigner_n will_v take_v it_o out_o unless_o in_o case_n of_o necessity_n for_o small_a expense_n because_o money_n in_o the_o bank_n will_v be_v better_o than_o cash_n in_o the_o chest_n as_o gold_n be_v better_a than_o silver_n for_o it_o will_v be_v more_o safe_a more_o portable_a more_o transferable_a and_o of_o great_a value_n by_o two_o in_o the_o hundred_o than_o cash_n in_o specie_fw-la be_v no_o person_n though_o never_o so_o scrupulous_a will_v question_v the_o safety_n of_o his_o money_n or_o doubt_v of_o the_o credit_n of_o the_o bank_n for_o the_o master_n will_v always_o have_v effect_n in_o his_o hand_n to_o answer_v all_o the_o credit_n give_v out_o be_v oblige_v never_o to_o give_v any_o credit_n unless_o he_o receiu_v in_o a_o debtor_n to_o balance_v it_o in_o case_n the_o master_n of_o the_o bank_n shall_v by_o knavery_n or_o folly_n run_v himself_o a_o ground_n and_o imbezel_n the_o effect_n he_o be_v entrust_v with_o he_o must_v make_v good_a the_o loss_n so_o far_o as_o his_o security_n go_v which_o will_v not_o easy_o be_v exceed_v and_o the_o province_n if_o such_o a_o thing_n shall_v happen_v must_v bear_v the_o rest_n out_o of_o the_o clear_a profit_n of_o this_o or_o some_o follow_a year_n or_o if_o that_o will_v not_o do_v which_o be_v not_o like_a to_o happen_v the_o province_n must_v bear_v the_o rest_n by_o a_o tax_n to_o be_v sure_a the_o creditor_n be_v at_o no_o loss_n he_o sue_v any_o person_n in_o the_o province_n responsible_a for_o his_o debt_n and_o recover_v it_o as_o if_o he_o be_v rob_v so_o that_o the_o creditor_n be_v safe_a unless_o the_o province_n sink_v into_o the_o earth_n object_n person_n will_v take_v their_o money_n out_o of_o these_o bank_n some_o man_n will_v keep_v their_o own_o money_n though_o it_o be_v only_o to_o lock_v it_o up_o ans_fw-fr i_o do_v not_o intend_v to_o give_v a_o reason_n for_o the_o action_n of_o child_n or_o fool_n they_o may_v if_o they_o please_v to_o be_v sure_o no_o wise_a man_n will_v do_v it_o unless_o in_o case_n of_o necessity_n which_o will_v seldom_o occur_v no_o prudent_a man_n will_v make_v his_o money_n worse_o than_o it_o be_v when_o he_o need_v not_o it_o will_v cost_v one_o or_o two_o per_fw-la cent._n or_o what_o the_o superior_a office_n please_v to_o make_v it_o bank_n money_n and_o whilst_o it_o be_v there_o it_o be_v so_o much_o better_a for_o any_o use_n to_o lend_v out_o or_o lay_v out_o as_o the_o charge_n be_v it_o be_v not_o only_o less_o in_o value_n when_o it_o be_v take_v out_o but_o it_o be_v not_o so_o safe_a so_o portable_a nor_o so_o transferable_a as_o it_o be_v before_o and_o so_o it_o be_v every_o way_n worse_o these_o thing_n be_v admit_v that_o most_o of_o the_o cash_n of_o the_o nation_n will_v be_v bring_v into_o these_o bank_n and_o when_o it_o be_v there_o it_o will_v keep_v there_o and_o all_o person_n native_n and_o foreigner_n will_v take_v a_o bill_n of_o credit_n rather_o than_o money_n these_o bank_n will_v have_v a_o infinite_a credit_n and_o be_v in_o a_o condition_n to_o lend_v out_o money_n at_o a_o low_a interest_n to_o all_o person_n that_o will_v give_v they_o good_a security_n the_o interest_n will_v be_v clear_a profit_n and_o to_o lay_v out_o money_n upon_o house_n land_n ship_n good_n or_o any_o commodity_n they_o think_v they_o can_v get_v by_o the_o product_n of_o this_o trade_n will_v be_v clear_a profit_n the_o small_a perquisites_n and_o accidental_a advantage_n mention_v in_o the_o proposal_n will_v go_v a_o great_a way_n and_o probable_o may_v discharge_v all_o the_o office_n and_o officer_n how_o great_a the_o profit_n will_v be_v can_v easy_o be_v conclude_v because_o we_o can_v determine_v how_o far_o the_o credit_n shall_v be_v extend_v to_o be_v sure_o a_o infinite_a credit_n be_v equivalent_a to_o a_o inexhaustible_a treasure_n which_o these_o bank_n will_v be_v the_o fund_n of_o i_o need_v say_v no_o more_o but_o leave_v every_o body_n to_o make_v their_o deduction_n and_o to_o consider_v how_o far_o they_o shall_v be_v advantage_v some_o think_v if_o i_o shall_v say_v more_o i_o shall_v say_v less_o and_o by_o over_o commend_v a_o thing_n that_o have_v evident_a worth_n in_o it_o i_o shall_v make_v the_o excellency_n of_o it_o to_o be_v suspect_v it_o will_v be_v like_o overlay_v gold_n with_o silver_n or_o sprinkle_v sweet_a water_n upon_o sweet_a flower_n if_o we_o shall_v hear_v twenty_o english_a ship_n be_v arrive_v belong_v to_o english_a lade_v with_o gold_n and_o silver_n all_o man_n will_v rejoice_v though_o they_o have_v no_o propriety_n in_o they_o hope_v some_o way_n or_o other_o they_o shall_v be_v the_o better_a for_o they_o or_o if_o the_o effect_n of_o england_n can_v be_v make_v a_o hundred_o time_n big_a than_o they_o be_v every_o person_n
our_o money_n in_o the_o bank_n or_o out_o of_o our_o own_o chest_n in_o these_o humane_a affair_n there_o be_v no_o absolute_a security_n to_o be_v expect_v every_o creditor_n have_v here_o as_o good_a as_o can_v be_v in_o this_o world_n object_n 9_o these_o bank_n will_v be_v inconvenient_a for_o money_a man_n and_o for_o many_o miser_n that_o will_v not_o have_v their_o estate_n know_v lest_o they_o shall_v be_v tax_v etc._n etc._n answ_n i_o never_o intend_v these_o bank_n to_o advantage_n thief_n broker_n or_o usurer_n but_o to_o do_v good_a to_o the_o honest_a industrious_a labour_v and_o trade_v people_n of_o the_o nation_n answ_n these_o miser_n have_v be_v and_o will_v be_v still_o protect_v by_o the_o authority_n of_o the_o nation_n and_o there_o be_v all_o the_o reason_n in_o the_o world_n they_o shall_v contribute_v to_o the_o maintain_v it_o they_o have_v sherk_v long_o enough_o already_o and_o lay_v the_o heavy_a load_n upon_o the_o weak_a horse_n its_o time_n every_o one_o shall_v bear_v their_o own_o burden_n these_o bank_n ought_v to_o be_v the_o better_o like_v because_o they_o will_v bring_v thing_n to_o such_o a_o just_a and_o even_a balance_n object_n these_o be_v troublesome_a time_n and_o not_o proper_a to_o attempt_v so_o great_a a_o thing_n as_o this_o be_v answ_n the_o bank_n at_o amsterdam_n be_v begin_v and_o constitute_v in_o a_o time_n more_o troublesome_a than_o we_o be_v he_o that_o observe_v the_o wind_n do_v not_o sow_n and_o he_o that_o observe_v the_o rain_n do_v not_o reap_v answ_n 2._o if_o these_o bank_n be_v constitute_v its_o probable_a they_o will_v in_o a_o short_a time_n produce_v some_o tolerable_a effect_n and_o so_o be_v in_o a_o condition_n it_o may_v be_v in_o a_o few_o month_n to_o supply_v the_o extraordinary_a occasion_n of_o the_o nation_n better_a than_o any_o other_o way_n that_o be_v yet_o visible_a it_o be_v true_a the_o esse_fw-la of_o every_o thing_n be_v to_o be_v consult_v before_o the_o bene_fw-la esse_fw-la every_o nation_n ought_v to_o provide_v for_o its_o immediate_a defence_n against_o a_o imminent_a enemy_n but_o i_o do_v not_o see_v how_o the_o promote_a these_o bank_n will_v any_o way_n hinder_v the_o present_a defence_n of_o the_o kingdom_n if_o it_o do_v it_o be_v before_o those_o that_o know_v how_o to_o lay_v it_o aside_o object_n it_o be_v better_a to_o begin_v this_o at_o first_o in_o some_o one_o or_o in_o some_o few_o place_n and_o by_o a_o law_n make_v the_o estate_n of_o some_o particular_a private_a man_n that_o be_v willing_a to_o be_v the_o fund_z of_o a_o bank_n answ_n i_o know_v some_o have_v be_v hammer_v their_o head_n about_o such_o a_o little_a silly_a thing_n as_o this_o be_v and_o be_v so_o fond_a of_o their_o own_o dwarf_n child_n that_o they_o think_v any_o that_o be_v big_a to_o be_v monstrous_a and_o be_v afraid_a it_o shall_v devour_v they_o you_o may_v be_v sure_a if_o particular_a man_n encumber_v their_o estate_n it_o be_v for_o some_o extraordinary_a advantage_n i_o see_v no_o reason_n why_o that_o shall_v be_v appropriate_a to_o a_o few_o which_o with_o the_o same_o or_o a_o little_a more_o labour_n may_v be_v make_v more_o diffusive_a and_o communicate_v to_o all_o if_o the_o estate_n of_o a_o few_o gentleman_n suppose_v half_o a_o score_n of_o two_o or_o three_o thausand_n pound_n a_o year_n will_v make_v so_o good_a a_o fund_z that_o it_o will_v bring_v in_o much_o of_o the_o money_n of_o the_o nation_n into_o it_o what_o will_v the_o estate_n of_o the_o whole_a nation_n do_v if_o it_o be_v put_v under_o such_o a_o circumstance_n object_n all_o do_v allow_v bank_n will_v be_v very_o advantageous_a to_o trade_n town_n where_o money_n be_v turn_v and_o return_v backward_o and_o forward_o and_o think_v the_o answer_n tolerable_a to_o the_o objection_n make_v against_o the_o inconvenience_n of_o these_o bank_n but_o they_o can_v by_o no_o mean_n see_v how_o they_o can_v be_v set_v up_o to_o any_o profit_n in_o inland_n place_n where_o at_o present_a there_o be_v very_o little_a money_n in_o specie_fw-la and_o like_o every_o day_n to_o be_v less_o because_o it_o be_v draw_v out_o of_o those_o place_n by_o the_o king_n revenue_n in_o excise_n and_o chimny-mony_n to_o the_o city_n as_o the_o centre_n or_o heart_n this_o objection_n have_v be_v make_v with_o much_o obstinacy_n by_o some_o man_n that_o have_v think_v themselves_o very_o wise_a answ_n there_o be_v none_o so_o blind_a as_o wise_a man_n that_o will_v not_o see_v i_o think_v the_o argument_n turn_v upon_o these_o with_o undeniable_a reason_n its_o true_a money_n in_o a_o nation_n be_v like_a blood_n in_o the_o body_n if_o that_o be_v draw_v to_o the_o heart_n from_o the_o extreme_a part_n and_o stagnate_v there_o they_o must_v needs_o wither_v and_o therefore_o all_o care_n ought_v to_o be_v take_v that_o this_o may_v have_v its_o due_a circulation_n i_o know_v nothing_o that_o will_v do_v it_o so_o effectual_o as_o these_o bank_n because_o there_o be_v little_a money_n in_o some_o part_n of_o the_o nation_n therefore_o bank_n ought_v to_o be_v set_v up_o there_o the_o bill_n of_o credit_n these_o bank_n give_v out_o found_v upon_o the_o real_a and_o personal_a security_n of_o the_o people_n as_o have_v be_v propose_v will_v be_v as_o currant_n as_o gold_n in_o twenty_o shilling_n piece_n in_o five_o pound_n and_o ten_o pound_n piece_n and_o there_o will_v be_v no_o more_o necessity_n of_o silver_n than_o there_o be_v forty_o year_n since_o when_o gold_n abound_v among_o we_o silver_n be_v then_o of_o no_o other_o use_n than_o to_o exchange_v gold_n as_o farthing_n be_v now_o to_o exchange_v silver_n just_o thus_o it_o will_v be_v in_o those_o place_n of_o the_o nation_n where_o there_o be_v little_a money_n these_o bill_n of_o credit_n upon_o so_o good_a a_o fund_z will_v be_v money_n as_o i_o have_v show_v have_v a_o intrinsic_a value_n in_o they_o if_o there_o be_v no_o other_o reason_n for_o the_o erect_v these_o office_n in_o these_o indigent_a place_n but_o to_o promote_v register_n it_o will_v not_o be_v labour_n lose_v its_o true_a bank_n will_v be_v more_o advantageous_a in_o some_o place_n than_o other_o yet_o doubtless_o they_o will_v be_v useful_a and_o profitable_a for_o all_o register_n will_v make_v security_n security_n will_v bring_v money_n and_o so_o this_o evil_n will_v be_v heal_v object_n how_o shall_v these_o bank_n answer_v person_n desire_v money_n in_o specie_fw-la upon_o return_n or_o in_o case_n of_o money_n deposit_v answ_n in_o case_n of_o money_n deposit_v they_o will_v have_v as_o much_o money_n to_o pay_v out_o which_o they_o have_v receive_v in_o as_o they_o have_v give_v out_o bill_n of_o credit_n for_o upon_o that_o account_n as_o to_o return_n no_o more_o ought_v to_o be_v return_v upon_o these_o weak_a bank_n than_o they_o draw_v upon_o other_o if_o more_o be_v draw_v upon_o they_o money_n in_o specie_fw-la as_o have_v be_v provide_v must_v be_v send_v from_o these_o bank_n where_o it_o be_v superfluous_a provision_n may_v be_v make_v here_o as_o it_o be_v when_o the_o bank_n be_v first_o set_v up_o as_o to_o credit_v give_v out_o upon_o security_n the_o bank_n must_v be_v wary_a know_v its_o weakness_n and_o must_v let_v the_o creditor_n know_v if_o he_o will_v have_v money_n in_o specie_fw-la it_o must_v be_v upon_o such_o and_o such_o term_n as_o the_o bank_n be_v able_a to_o make_v good_a these_o bank_n may_v take_v up_o money_n at_o the_o common_a interest_n where_o it_o be_v to_o be_v have_v suppose_v from_o london_n and_o may_v supply_v all_o man_n with_o cash_n that_o desire_v it_o the_o money_n of_o widow_n and_o orphan_n will_v be_v dispose_v here_o at_o interest_n as_o it_o be_v in_o the_o chamber_n of_o london_n beside_o none_o will_v take_v out_o money_n in_o specie_fw-la if_o they_o can_v avoid_v it_o this_o will_v bring_v a_o run_a cash_n into_o these_o part_n which_o now_o be_v and_o will_v every_o day_n be_v more_o and_o more_o destitute_a of_o it_o thus_o you_o see_v it_o evident_a because_o money_n be_v scarce_o in_o several_a place_n therefore_o bank_n ought_v to_o be_v set_v up_o there_o the_o estate_n of_o such_o precinct_n will_v at_o first_o make_v paper_n money_n that_o be_v credit_v as_o useful_a as_o great_a money_n in_o specie_fw-la the_o interest_n of_o this_o credit_n will_v encourage_v and_o enable_v the_o banker_n to_o draw_v money_n in_o specie_fw-la thither_o though_o they_o pay_v the_o common_a interest_n for_o it_o to_o answer_v bill_n bring_v to_o they_o require_v money_n in_o specie_fw-la see_v they_o shall_v receive_v interest_n for_o ten_o time_n as_o much_o credit_n as_o they_o shall_v pay_v interest_n for_o money_n to_o supply_v creditor_n object_n suppose_v
in_o scotland_n a_o poor_a country_n where_o money_n be_v scarce_o be_v worth_a three_o and_o twenty_o year_n purchase_n by_o reason_n there_o be_v a_o register_n and_o doubtless_o will_v be_v worth_a twenty_o five_o year_n purchase_v here_o if_o a_o register_n be_v establish_v but_o in_o case_n these_o bank_n be_v establish_v and_o money_n be_v as_o doubtless_o it_o will_v be_v at_o two_o or_o three_o per_fw-la cent._n interest_n land_n must_v needs_o rise_v to_o forty_o year_n purchase_n in_o holland_n some_o say_v it_o be_v worth_a fifty_o and_o then_o the_o condition_n of_o the_o morgager_n will_v be_v so_o much_o the_o better_o this_o be_v the_o worst_a case_n that_o can_v be_v propose_v and_o you_o see_v plain_o no_o inconvenience_n but_o much_o profit_n do_v accrue_v even_o to_o person_n in_o this_o condition_n obect_n register_n have_v be_v often_o many_o year_n since_o propose_v in_o parliament_n and_o as_o often_o reject_v answ_n the_o register_n propose_v have_v always_o be_v general_a and_o compulsory_a register_n these_o may_v prejudice_v bad_a title_n and_o put_v person_n to_o charge_n that_o have_v good_a title_n and_o have_v no_o need_n nor_o desire_n to_o register_n that_o which_o be_v now_o propose_v according_a to_o mr._n yarrington_n notion_n be_v a_o voluntary_a register_n answ_n the_o best_a thing_n that_o be_v ever_o offer_v to_o a_o parliament_n have_v be_v often_o blow_v upon_o and_o accept_v at_o last_o so_o may_v this_o especial_o now_o we_o see_v we_o have_v more_o need_n of_o it_o than_o ever_o we_o have_v i_o expect_v it_o will_v be_v the_o fate_n of_o these_o proposeal_n about_o a_o bank_n though_o all_o member_n i_o have_v speak_v private_o with_o subscribe_v to_o the_o reasonableness_n of_o the_o thing_n yet_o when_o these_o come_v together_o i_o expect_v either_o out_o of_o by-end_n or_o some_o bad_a humour_n it_o will_v be_v reject_v at_o present_a it_o may_v be_v some_o after_o age_n may_v be_v more_o wise_a and_o when_o they_o see_v the_o necessity_n may_v think_v better_o of_o it_o as_o they_o begin_v to_o do_v now_o of_o a_o register_n object_n here_o be_v so_o many_o thing_n propose_v though_o one_o or_o some_o of_o they_o may_v be_v accept_v yet_o one_o will_v hinder_v another_o and_o nothing_o be_v like_a to_o be_v do_v here_o be_v office_n to_o be_v erect_v to_o return_v money_n etc._n etc._n to_o be_v cashier_v to_o those_o that_o please_v to_o take_v their_o bill_n of_o credit_n these_o bill_n must_v be_v make_v transferable_a work-house_n and_o hospital_n be_v propose_v to_o be_v erect_v the_o law_n for_o the_o poor_a to_o be_v alter_v tin_n money_n to_o be_v make_v currant_n and_o last_o a_o register_n to_o be_v constitute_v with_o several_a other_o circumstantial_a thing_n these_o be_v not_o likely_a to_o be_v fix_v at_o once_o nor_o comprehend_v in_o one_o act._n answ_n the_o great_a thing_n i_o design_v be_v a_o bank_n which_o in_o short_a be_v comprehend_v in_o these_o word_n 1._o divide_v the_o nation_n into_o precinct_n in_o each_o of_o which_o a_o office_n may_v be_v erect_v on_o purpose_n to_o return_v money_n and_o to_o be_v as_o cashier_v to_o those_o that_o please_v 2._o let_v every_o precinct_n be_v bind_v to_o make_v good_a the_o act_n of_o their_o office_n as_o they_o be_v now_o bind_v to_o repair_v man_n rob_v 3._o every_o precinct_n shall_v choose_v their_o state_v officer_n and_o a_o certain_a number_n of_o substantial_a person_n to_o supervise_v they_o once_o in_o a_o month_n and_o to_o advise_v when_o any_o thing_n extraordinary_a be_v to_o be_v do_v 4._o a_o superior_a office_n be_v to_o be_v erect_v at_o london_n or_o in_o several_a place_n of_o the_o nation_n to_o be_v a_o check_n upon_o all_o these_o the_o officer_n to_o these_o superior_a office_n shall_v be_v choose_v by_o the_o officer_n of_o the_o several_a precinct_n these_o be_v the_o substantial_a thing_n i_o propose_v which_o be_v essential_a to_o the_o constitute_v these_o bank_n as_o to_o all_o other_o thing_n that_o be_v circumstantial_a the_o lawmaker_n may_v do_v what_o they_o please_v whether_o the_o bill_n be_v make_v transferable_a or_o a_o register_n be_v appoint_v etc._n etc._n be_v not_o necessary_a to_o the_o be_v but_o may_v conduce_v much_o to_o the_o well_o be_v of_o these_o bank_n i_o think_v it_o be_v no_o difficult_a thing_n to_o make_v a_o law_n for_o these_o few_o thing_n that_o will_v not_o be_v grievous_a to_o the_o subject_n consider_v how_o beneficial_a bank_n will_v be_v to_o the_o whole_a nation_n answ_n it_o be_v not_o to_o be_v expect_v a_o law_n shall_v be_v make_v at_o first_o for_o the_o do_v a_o new_a thing_n complicate_v with_o many_o circumstance_n that_o shall_v not_o need_v future_a amendment_n the_o dutch_a fishery_n have_v admit_v two_o and_o twenty_o alteration_n as_o i_o have_v be_v inform_v before_o it_o arrive_v to_o the_o state_n it_o now_o be_v in_o answ_n these_o various_a circumstantial_a thing_n do_v depend_v one_o upon_o another_o and_o will_v be_v all_o subservient_fw-fr to_o the_o main_a design_n if_o the_o parliament_n do_v not_o think_v so_o they_o may_v pick_v and_o choose_v object_n here_o be_v many_o new_a office_n to_o be_v erect_v and_o officer_n to_o be_v maintain_v that_o must_v cost_v the_o nation_n in_o general_n 300000_o pound_n per_fw-la annum_fw-la or_o more_o which_o seem_v to_o be_v money_n lose_v though_o the_o bank_n pay_v ihem_n immediate_o yet_o mediate_o the_o money_n come_v out_o of_o the_o great_a purse_n of_o the_o nation_n to_o maintain_v a_o new_a generation_n of_o idle_a man_n answ_n i_o conjecture_v the_o charge_n of_o the_o office_n and_o officer_n may_v be_v 300000_o pound_n perhaps_o more_o and_o yet_o no_o hurt_n to_o the_o nation_n suppose_v five_o hundred_o gown_n man_n shall_v be_v employ_v about_o these_o office_n and_o have_v but_o two_o hundred_o pound_n a_o year_n salary_n to_o each_o it_o will_v be_v a_o hundred_o thousand_o pound_n this_o money_n will_v be_v save_v now_o these_o be_v maintain_v in_o a_o worse_a way_n to_o the_o great_a damage_n of_o the_o nation_n many_o decay_a tradesman_n that_o must_v either_o beg_v or_o starve_v will_v be_v comfortable_o maintain_v under_o these_o that_o can_v otherwise_o earn_v any_o thing_n to_o themselves_o the_o or_o nation_n much_o money_n will_v be_v save_v that_o be_v now_o spend_v in_o make_v bond_n bill_n and_o other_o security_n that_o will_v now_o in_o a_o great_a measure_n be_v useless_a the_o vast_a reward_n for_o procuration_n and_o continuation_n money_n will_v now_o be_v out_o of_o door_n if_o these_o expense_n be_v add_v together_o i_o suppose_v they_o may_v balance_v if_o not_o outweigh_v the_o exit_n that_o will_v be_v occasion_v by_o these_o office_n and_o officer_n so_o that_o if_o the_o nation_n get_v nothing_o another_o way_n it_o will_v lose_v nothing_o by_o this_o that_o which_o the_o poor_a will_v earn_v more_o than_o they_o now_o do_v will_v many_o time_n over_o recompense_n the_o charge_n of_o these_o office_n but_o it_o will_v appear_v this_o objection_n be_v weak_a if_o we_o consider_v the_o great_a advantage_n that_o will_v accrue_v to_o the_o nation_n by_o multiply_v the_o effect_n of_o the_o nation_n the_o money_n of_o the_o nation_n and_o the_o industry_n of_o the_o nation_n i_o hope_v those_o will_v answer_v the_o charge_n of_o the_o office_n and_o all_o the_o pain_n the_o parliament_n shall_v be_v put_v to_o in_o erect_v they_o answ_n if_o all_o this_o do_v not_o satisfy_v let_v the_o state_v officer_n in_o the_o country_n collect_v the_o king_n excise_n and_o chimny-money_n which_o they_o may_v do_v at_o a_o far_o lesser_a charge_n than_o now_o it_o be_v do_v whilst_o they_o have_v leisure_n from_o their_o office_n object_n if_o interest_n be_v but_o two_o or_o three_o per_fw-la cent._n how_o shall_v widow_n and_o orphan_n do_v and_o other_o person_n that_o have_v nothing_o but_o a_o stock_n of_o money_n to_o live_v upon_o answ_n i_o answer_v as_o the_o jew_n do_v who_o by_o god_n law_n may_v not_o take_v interest_n of_o their_o brethren_n and_o doubtless_o they_o have_v not_o such_o great_a choice_n of_o stranger_n to_o put_v out_o their_o money_n to_o at_o any_o high_a rate_n none_o doubt_v but_o god_n know_v this_o political_a law_n will_v not_o hurt_v his_o own_o people_n neither_o will_v it_o damage_v we_o i_o conjecture_v the_o consequence_n of_o it_o with_o the_o jew_n be_v they_o employ_v that_o stock_n they_o have_v in_o trade_n and_o in_o manage_v their_o land_n that_o their_o whole_a country_n be_v a_o garden_n else_o so_o little_a a_o compass_n can_v not_o have_v support_v so_o numerous_a a_o people_n this_o will_v be_v the_o effect_n among_o we_o as_o i_o have_v show_v if_o interest_n be_v low_a or_o if_o man_n can_v not_o put_v
their_o money_n out_o to_o usury_n at_o all_o as_o for_o widow_n and_o orphan_n that_o have_v nothing_o but_o a_o little_a money_n leave_v they_o the_o bank_n may_v take_v it_o and_o give_v more_o than_o the_o common_a interest_n in_o point_n of_o charity_n though_o the_o bank_n lose_v by_o it_o the_o profit_n that_o will_v come_v another_o way_n must_v bear_v this_o loss_n this_o will_v be_v better_o than_o as_o thing_n stand_v now_o when_o the_o executor_n keep_v orphan_n money_n dead_a all_o the_o time_n of_o minority_n and_o very_o often_o it_o be_v total_o lose_v now_o every_o wise_a man_n will_v make_v these_o bank_n to_o be_v to_o orphan_n in_o the_o country_n as_o the_o chamber_n of_o london_n be_v to_o orphan_n in_o the_o city_n i_o desire_v in_o what_o i_o have_v discourse_v i_o may_v be_v candid_o understand_v that_o i_o do_v not_o impose_v any_o thing_n magisterial_o but_o humble_o submit_v these_o thing_n to_o the_o prudent_a and_o grave_a consideration_n of_o the_o parliament_n i_o shall_v not_o be_v much_o concern_v what_o ever_o alteration_n or_o mutation_n be_v make_v or_o though_o the_o whole_a be_v lay_v aside_o only_o i_o entreat_v the_o parliament_n to_o consider_v if_o this_o project_n be_v practicable_a and_o will_v be_v profitable_a and_o they_o shall_v lay_v it_o aside_o a_o other_o nation_n may_v take_v it_o up_o though_o not_o with_o so_o great_a advantage_n as_o we_o may_v or_o let_v the_o parliament_n consider_v what_o condition_n the_o trade_n of_o england_n will_v quick_o be_v in_o if_o ireland_n shall_v embrace_v what_o i_o have_v discourse_v or_o if_o scotland_n shall_v set_v up_o these_o bank_n they_o be_v under_o a_o register_n already_o and_o so_o be_v half-sea_n over_o if_o they_o reject_v the_o commodity_n they_o will_v not_o i_o hope_v take_v it_o ill_o if_o it_o be_v carry_v to_o another_o market_n i_o desire_v no_o person_n will_v be_v prejudice_v against_o these_o proposal_n because_o they_o be_v out_o of_o the_o road_n of_o the_o author_n consider_v a_o friar_n find_v out_o gunpowder_n and_o a_o soldier_n find_v out_o print_v a_o slander_n by_o sometime_o see_v more_o than_o a_o gamester_n if_o he_o have_v know_v any_o other_o person_n that_o will_v have_v propose_v these_o thing_n tend_v so_o much_o as_o he_o think_v to_o the_o good_a of_o the_o nation_n he_o will_v have_v spare_v his_o pain_n thus_o i_o have_v offer_v to_o you_o a_o real_a practicable_a and_o profitable_a thing_n not_o a_o idle_a airy_a or_o mere_a speculative_a notion_n and_o if_o you_o reflect_v upon_o the_o discourse_n it_o will_v appear_v there_o in_o less_o hazard_n in_o trust_v these_o bank_n than_o any_o bank_n in_o the_o world_n because_o they_o have_v a_o better_a fund_z the_o creditor_n may_v easy_o recover_v his_o money_n here_o if_o the_o banker_n prove_v dishonest_a or_o insolent_a than_o any_o where_o else_o i_o shall_v conclude_v with_o compare_v this_o bank_n with_o foreign_a bank_n especial_o with_o those_o two_o famous_a one_o at_o amsterdam_n and_o venice_n amsterdam_n have_v its_o first_o rise_n from_o money_n leave_v in_o banker_n hand_n without_o interest_n who_o be_v as_o the_o casheir_n to_o several_a merchant_n the_o state_n of_o holland_n observe_v money_n be_v transmit_v from_o one_o to_o another_o by_o write_v off_o the_o credit_n from_o the_o debtor_n to_o the_o creditor_n and_o seldom_o pay_v in_o specie_fw-la as_o it_o be_v at_o this_o day_n practise_v in_o london_n by_o several_a wealthy_a citizen_n they_o undertake_v to_o be_v security_n for_o all_o money_n leave_v in_o such_o officer_n hand_n as_o they_o appoint_v to_o all_o person_n that_o shall_v deposit_v their_o money_n with_o they_o which_o be_v better_a than_o any_o private_a security_n hence_o plenty_n of_o money_n be_v quick_o leave_v with_o they_o without_o interest_n to_o the_o value_n of_o three_o million_o starling_n which_o be_v by_o experience_n find_v to_o be_v sufficient_a to_o drive_v their_o whole_a trade_n because_o be_v in_o bank_n it_o be_v expeditious_o return_v this_o three_o million_o in_o bank_n will_v make_v as_o great_a a_o show_n and_o drive_v as_o great_a a_o trade_n with_o ten_o time_n less_o trouble_n as_o five_o million_o in_o private_a chest_n a_o thousand_o pound_n may_v be_v transmit_v twenty_o nay_o forty_o time_n in_o one_o morning_n if_o there_o be_v occasion_n which_o be_v equivalent_a to_o forty_o thousand_o pound_n with_o as_o much_o ease_n as_o two_o or_o three_o thousand_o pound_n can_v be_v tell_v and_o retell_v they_o put_v a_o stop_n to_o their_o bank_n and_o forbid_v any_o more_o money_n to_o be_v make_v bank-mony_n because_o no_o more_o money_n shall_v lie_v dead_a than_o be_v needful_a for_o their_o occasion_n the_o residue_n of_o their_o money_n remain_v as_o a_o run_a cash_n in_o private_a hand_n the_o bank_n pretend_v it_o keep_v two_o million_o always_o in_o specie_fw-la and_o use_v one_o million_o as_o they_o please_v for_o their_o best_a advantage_n though_o many_o at_o this_o time_n think_v otherwise_o the_o creditor_n here_o have_v only_o the_o honesty_n and_o courtesy_n of_o the_o burgomaster_n that_o he_o shall_v be_v just_o deal_v withal_o i_o can_v understand_v the_o creditor_n have_v any_o way_n to_o force_v the_o bank_n to_o pay_v he_o his_o money_n if_o the_o effect_n shall_v be_v draw_v out_o and_o expend_v another_o way_n but_o every_o creditor_n be_v in_o the_o same_o condition_n as_o the_o creditor_n of_o the_o african_a company_n be_v when_o their_o first_o stock_n be_v lose_v and_o as_o the_o creditor_n be_v in_o when_o the_o hamburrow_n company_n and_o the_o grocers_n company_n fail_v they_o must_v all_o lose_v their_o money_n if_o the_o french_a king_n when_o he_o be_v so_o near_o amsterdam_n have_v take_v it_o and_o rifle_v the_o bank_n what_o shall_v have_v become_v of_o the_o creditor_n if_o this_o chargeable_a war_n shall_v continue_v doubtless_o amsterdam_n will_v and_o ought_v draw_v all_o the_o money_n yet_o remain_v in_o specie_fw-la in_o the_o bank_n and_o extend_v their_o credit_n to_o the_o uttermost_a rather_o than_o lose_v their_o city_n and_o country_n hope_v by_o trade_n and_o good_a husbandry_n to_o recruit_v themselves_o and_o to_o be_v able_a to_o satisfy_v their_o creditor_n but_o if_o they_o shall_v be_v frustrate_a in_o their_o expectation_n as_o the_o african_a company_n be_v where_o shall_v their_o creditor_n be_v satisfy_v now_o compare_v our_o bank_n with_o this_o if_o the_o nation_n shall_v be_v invade_v as_o it_o be_v by_o the_o norman_n first_o the_o conqueror_n can_v seize_v no_o publick-mony_n that_o be_v dispense_v and_o doubtless_o the_o invader_n will_v suffer_v the_o bank_n to_o call_v in_o their_o money_n and_o pay_v their_o creditor_n if_o he_o do_v not_o do_v it_o the_o creditor_n may_v show_v any_o person_n in_o the_o precinct_n as_o before_o and_o recover_v his_o debt_n unless_o all_o man_n person_n be_v enslave_v and_o their_o estate_n confiscate_v which_o be_v more_o than_o william_n the_o conqueror_n do_v and_o if_o it_o shall_v be_v so_o it_o matter_n not_o where_o we_o lose_v our_o money_n when_o there_o be_v no_o possibility_n of_o keep_v it_o again_o we_o will_v admit_v a_o war_n and_o so_o great_a a_o necessity_n that_o our_o bank_n shall_v be_v drain_v for_o a_o present_a supply_n to_o the_o value_n of_o ten_o or_o twenty_o million_o if_o our_o country_n be_v save_v by_o it_o the_o land_n will_v remain_v and_o most_o of_o the_o money_n will_v be_v in_o the_o nation_n and_o all_o creditor_n may_v have_v satisfaction_n at_o present_a by_o a_o bill_n of_o credit_n as_o useful_a as_o money_n and_o they_o may_v be_v gradual_o satisfy_v with_o money_n in_o specie_fw-la as_o it_o can_v be_v raise_v if_o they_o shall_v desire_v it_o as_o will_v appear_v afterward_o when_o we_o come_v to_o survey_v the_o bank_n of_o venice_n the_o bank_n at_o hamborow_n be_v much_o of_o the_o same_o nature_n with_o that_o at_o amsterdam_n only_o they_o keep_v their_o whole_a fund_z in_o specie_fw-la as_o have_v be_v prove_v and_o so_o it_o be_v so_o much_o worse_o because_o all_o this_o money_n lie_v dead_a and_o be_v liable_a to_o a_o seizure_n if_o the_o town_n shall_v be_v take_v but_o in_o our_o bank_n little_a money_n lie_v dead_a for_o it_o be_v disperse_v among_o the_o neighbourhood_n and_o become_v a_o run_a cash_n the_o bill_n of_o credit_n be_v as_o so_o much_o money_n thus_o the_o whole_a stock_n of_o the_o nation_n be_v double_v the_o good_n and_o land_n of_o the_o nation_n as_o far_o as_o the_o proprietor_n please_v be_v turn_v into_o money_n nay_o the_o very_a personal_a security_n or_o reputation_n of_o man_n ability_n be_v turn_v into_o money_n how_o many_o million_o this_o will_v amount_v to_o i_o leave_v the_o great_a statesman_n to_o compute_v it_o will_v be_v find_v