Selected quad for the lemma: book_n
Text snippets containing the quad
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ID |
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Corrected Date of Publication (TCP Date of Publication) |
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A93525
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Some reflections on the brief account of the intended bank of England whose author's name is supposed to be Mr. Jerry Squirt.
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1694
(1694)
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Wing S4586A; ESTC R184450
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16,896
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12
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some_o reflection_n on_o the_o brief_a account_n of_o the_o intend_v bank_n of_o england_n who_o author_n be_v name_n be_v suppose_v to_o be_v m_o r._n jerry_n squirt_n when_o first_o i_o cast_v my_o eye_n on_o the_o brief_a account_n of_o the_o intend_a bank_n i_o think_v i_o have_v meet_v with_o such_o a_o rarity_n as_o will_v full_o have_v explain_v the_o whole_a tonnage_n act_n the_o nature_n of_o a_o bank_n in_o general_n and_o the_o full_a design_n of_o this_o intend_a bank_n in_o particular_a but_o when_o i_o have_v peruse_v it_o i_o look_v on_o it_o as_o a_o particular_a reflection_n on_o dr._n chamberlain_n and_o his_o proposal_n as_o if_o he_o have_v a_o design_n to_o offer_v both_o up_o a_o sacrifice_n to_o public_a obloquy_n and_o not_o a_o little_a expose_v the_o member_n of_o parliament_n who_o in_o good_a manner_n he_o ought_v to_o have_v treat_v with_o great_a deference_n and_o respect_n and_o take_v it_o all_o together_o it_o be_v rather_o a_o banter_n than_o a_o account_n of_o what_o he_o promise_v of_o the_o bank_n therefore_o for_o diversion_n sake_n i_o venture_v to_o make_v some_o remark_n upon_o it_o the_o book_n have_v no_o name_n to_o it_o though_o approve_v by_o some_o of_o the_o bank_n proposer_n and_o the_o same_o be_v a_o silly_a book_n seem_v to_o be_v write_v rather_o to_o gratify_v the_o importunity_n of_o some_o dull_a pated_a fellow_n that_o may_v have_v be_v concern_v in_o the_o promote_a of_o this_o bank_n and_o know_v not_o well_o himself_o how_o to_o recommend_v it_o to_o the_o world_n than_o to_o inform_v the_o nation_n of_o the_o true_a nature_n of_o it_o as_o he_o ought_v to_o have_v do_v and_o methinks_v he_o begin_v very_o aukward_o when_o he_o tell_v we_o that_o the_o want_n of_o a_o bank_n among_o other_o inconvenience_n have_v occasion_v much_o unnecessary_a credit_n to_o the_o loss_n of_o several_a million_o what_o do_v he_o mean_v by_o that_o improper_a expression_n of_o unnecessary_a credit_n i_o think_v it_o may_v rather_o be_v say_v that_o the_o establish_n of_o this_o diminutive_a bank_n have_v among_o other_o inconvenience_n occasion_v much_o unnecessary_a scribble_n from_o our_o insipid_a author_n who_o add_v that_o this_o together_o with_o the_o height_n of_o interest_n or_o forbearance_n of_o money_n have_v produce_v what_o why_o nothing_o at_o all_o but_o some_o nonsencical_a bombast_n for_o he_o infer_v nothing_o else_o therefrom_o but_o he_o go_v on_o in_o next_o place_n to_o tell_v we_o that_o these_o and_o such_o as_o these_o be_v the_o cause_n that_o the_o nature_n and_o use_v of_o bank_n have_v be_v the_o discourse_n and_o expectation_n of_o many_o year_n but_o still_o our_o refine_a politician_n think_v it_o will_v not_o be_v settle_v here_o without_o a_o commonwealth_n and_o this_o make_v it_o to_o be_v a_o matter_n of_o derision_n and_o be_v therefore_o laugh_v quite_o out_o of_o countenance_n but_o however_o the_o notion_n of_o band_n and_o public_a fund_n quoth_v our_o author_n be_v entertain_v by_o some_o mercurial_a head_n dr._n chamberlain_n he_o mean_v for_o here_o our_o author_n have_v say_v thus_o much_o by_o way_n of_o introduction_n can_v yet_o proceed_v on_o give_v a_o account_n of_o the_o intend_a bank_n till_o first_o he_o have_v sufficient_o ridicule_v dr._n chamberlain_n and_o his_o proposal_n of_o a_o bank_n who_o though_o he_o do_v not_o name_n he_o be_v so_o plain_a in_o his_o description_n as_o if_o he_o do_v point_v he_o out_o with_o his_o fiâ—ger_n or_o write_v his_o name_n in_o a_o large_a character_n that_o the_o man_n who_o ride_v a_o trot_a horse_n may_v easy_o read_v it_o for_o no_o other_o person_n offer_v any_o thing_n like_o he_o or_o take_v so_o much_o pain_n public_o â—owards_n the_o promoâ—ing_v a_o bank_n this_o last_o session_n especial_o which_v by_o his_o several_a paper_n print_v at_o his_o own_o charge_n and_o deliver_v to_o the_o member_n do_v fartheâ—_n appear_v at_o which_o time_n he_o patient_o endure_v all_o the_o scorn_n derision_n and_o contempt_n of_o many_o man_n and_o among_o they_o possible_o be_v several_a of_o the_o proposer_n of_o this_o bank_n though_o at_o the_o same_o time_n he_o constant_o endeavour_v to_o possess_v they_o with_o a_o right_a notion_n of_o a_o bank_n and_o such_o a_o one_o as_o will_v have_v make_v the_o nation_n far_o more_o flourish_a and_o happy_a have_v they_o embrace_v iâ—_n than_o i'_v possible_a for_o this_o or_o any_o thing_n else_o that_o have_v hitherto_o yet_o be_v offer_v before_o which_o time_n i_o presume_v that_o neither_o our_o author_n nor_o his_o proposer_n even_o understand_v any_o such_o thing_n nor_o do_v it_o appear_v yet_o by_o this_o inconsiderable_a one_o that_o they_o how_o do_v however_o since_o they_o be_v please_v to_o slight_v the_o doctor_n our_o worshipful_a author_n think_v fit_a to_o deride_v and_o expose_v he_o for_o it_o though_o he_o have_v no_o occasion_n so_o to_o do_v neither_o do_v a_o make_v any_o thing_n for_o his_o purpose_n unless_o he_o design_v it_o shall_v serve_v as_o a_o soldy_a the_o better_a to_o set_v off_o hâ—s_v own_o for_o he_o be_v not_o without_o his_o narrow_a design_n too_o which_o whether_o iâ—_n will_v or_o no_o will_v be_v see_v anon_o 2._o p._n 2._o and_o thus_o he_o begin_v in_o tell_v how_o the_o notion_n of_o bank_n be_v entertain_v by_o some_o mercurial_a head_n to_o who_o the_o danger_n of_o vâ—â—lâ—â—ce_n from_o the_o prince_n be_v object_v aid_v therefore_o invent_v certain_a imaginary_a bank_n which_o they_o design_v to_o settle_v far_o enough_o out_o of_o the_o prince_n reach_n and_o every_o body_n else_o the_o truth_n be_v it_o be_v well_o enough_o express_v for_o a_o buffoon_n and_o if_o all_o be_v true_a as_o our_o author_n write_v the_o doctor_n will_v appear_v as_o shallow_a brain_v as_o i_o take_v our_o author_n to_o be_v who_o head_n seem_v to_o have_v more_o of_o a_o heavy_a dull_a lumpish_a saturn_n than_o a_o ingenious_a mercury_n and_o for_o that_o he_o have_v not_o brain_n enough_o to_o understand_v the_o doctor_n be_v baâ—k_a do_v therefore_o deride_v it_o for_o no_o bank_n in_o the_o world_n be_v better_a contrive_v for_o the_o advantage_n security_n and_o satisfaction_n of_o the_o king_n and_o his_o people_n than_o the_o doctor_n be_v the_o subject_n 〈…〉_o deliver_v into_o their_o own_o hand_n and_o the_o king_n a_o large_a supply_n to_o carry_v 〈…〉_o france_n as_o well_o as_o improve_v his_o revenue_n beside_o the_o establish_n that_o most_o desirable_a trade_n of_o the_o fishery_n to_o this_o nation_n therefore_o how_o this_o author_n can_v report_v the_o doctor_n be_v to_o be_v but_o a_o imaginary_a bank_n and_o out_o of_o every_o one_o reach_n when_o the_o profit_n and_o indeed_o the_o bank_n itself_o be_v all_o in_o their_o own_o possession_n make_v i_o much_o amaze_v to_o see_v so_o great_a impudence_n for_o which_o he_o can_v pretend_v no_o excuse_n unless_o his_o profound_a ignorance_n from_o thence_o he_o descend_v to_o particular_n which_o he_o slight_o hint_n at_o only_a by_o which_o he_o will_v represent_v 3._o p._n 3._o how_o the_o error_n and_o mistake_v of_o the_o lombard_n bank_n and_o the_o notion_n of_o money_n do_v occasion_v their_o miscarriage_n by_o run_v counter_a to_o all_o mankind_n anticipate_v age_n and_o imagine_v inestimable_a value_n from_o innumerable_a year_n to_o come_v as_o if_o 100_o year_n be_v a_o far_o long_a time_n than_o a_o perpetuity_n which_o be_v allow_v to_o this_o tonnage_n act_n if_o not_o redeemable_a in_o a_o few_o year_n and_o this_o do_v want_v a_o act_n of_o parliament_n at_o least_o to_o conjure_v every_o man_n imagination_n into_o the_o latitude_n of_o they_o and_o as_o i_o take_v it_o your_o bank_n can_v not_o be_v what_o you_o will_v have_v it_o without_o this_o act_n of_o parliament_n notwithstanding_o it_o have_v the_o full_a propose_a sum_n of_o 1200000_o l._n but_o i_o shall_v leave_v it_o to_o the_o doctor_n to_o answer_v these_o particular_n as_o be_v more_o proper_o his_o province_n only_o the_o last_o sentence_n i_o can_v refrain_v take_v notice_n of_o for_o that_o i_o perceive_v it_o be_v place_v there_o for_o a_o clincher_n by_o observe_v the_o prodigious_a extravagancy_n of_o the_o doctor_n be_v genius_n to_o be_v as_o vast_o above_o and_o beyond_o as_o other_o be_v below_o and_o beside_o the_o practice_n of_o extraordinary_a thing_n here_o our_o author_n genius_n have_v show_v his_o talon_n to_o purpose_n and_o have_v strain_v in_o a_o extraordinary_a manner_n for_o this_o flight_n of_o fancy_n and_o seem_v to_o hug_v himself_o for_o his_o extravagant_a thought_n though_o this_o whole_a paragraph_n be_v cram_v with_o nothing_o but_o romantique_a stuff_n which_o without_o doubt_n cost_v he_o much_o labour_n of_o brain_n in_o compose_v and_o i_o can_v hardly_o believe_v
oblige_v it_o must_v be_v for_o the_o sake_n of_o the_o profit_n arise_v from_o the_o business_n and_o credit_n of_o the_o bank_n which_o whether_o it_o will_v be_v the_o take_a pawn_n like_o a_o lombard_n oâ—_n give_v out_o bill_n and_o ticket_n of_o credit_n like_o the_o doctor_n it_o be_v only_a time_n and_o practice_n must_v inform_v we_o yet_o still_o we_o shall_v have_v need_n of_o this_o act_n to_o conjure_v every_o man_n imagination_n into_o a_o good_a opinion_n of_o the_o say_a bill_n unless_o there_o be_v such_o plain_a and_o visible_a security_n for_o every_o bill_n or_o ticket_n to_o the_o satisfaction_n of_o all_o man_n as_o be_v make_v appear_v in_o the_o doctor_n be_v bank_n so_o as_o there_o be_v not_o room_n leave_v for_o a_o objection_n against_o it_o now_o if_o jerry_n have_v discover_v the_o nature_n of_o this_o bank_n plain_o as_o at_o first_o he_o promise_v and_o let_v we_o have_v know_v if_o any_o body_n else_o shall_v have_v be_v the_o better_a for_o it_o beside_o the_o proprietor_n or_o that_o man_n may_v be_v supply_v at_o any_o time_n with_o what_o money_n they_o want_v on_o good_a security_n or_o how_o otherwise_o it_o may_v and_o will_v be_v serviceable_a to_o the_o poor_a and_o public_a in_o general_n as_o well_o as_o the_o rich_a i_o shall_v have_v believe_v he_o have_v understand_v all_o he_o pretend_v to_o and_o have_v think_v he_o a_o honest_a fellow_n but_o it_o be_v not_o the_o first_o time_n you_o have_v break_v your_o word_n jerry_n but_o since_o you_o have_v grant_v that_o some_o man_n through_o fear_n of_o the_o worst_a may_v withdraw_v their_o effect_n why_o may_v not_o i_o ask_v as_o well_o what_o if_o the_o major_a part_n or_o all_o at_o once_o shall_v draw_v out_o their_o money_n as_o former_o out_o of_o the_o banker_n hand_n at_o the_o shut_n up_o of_o the_o exchequer_n or_o what_o if_o the_o manager_n run_v away_o beyond_o sea_n with_o more_o money_n than_o they_o be_v worth_a there_o be_v many_o foreigner_n in_o the_o bank_n where_o then_o will_v be_v the_o fund_z to_o secure_v all_o and_o corroborate_v this_o bank_n and_o though_o i_o doubt_v not_o but_o all_o be_v secure_a under_o our_o present_a king_n and_o queen_n yet_o another_o king_n may_v venture_v to_o shut_v up_o the_o exchequer_n again_o who_o then_o shall_v they_o sue_v all_o or_o some_o of_o the_o company_n and_o what_o if_o they_o be_v all_o protect_v as_o the_o banker_n former_o be_v though_o you_o will_v not_o trouble_v yourself_o to_o answer_v objection_n yet_o moneyed_a man_n who_o be_v many_o of_o they_o very_o timorous_a will_v first_o be_v answer_v ever_o they_o will_v bring_v in_o their_o money_n or_o be_v apt_a to_o withdraw_v out_o their_o effect_n when_o swarm_n of_o objection_n shall_v arise_v that_o can_v be_v answer_v lest_o also_o this_o intend_a bank_n shall_v be_v out_o of_o all_o their_o reach_n at_o last_o as_o you_o say_v of_o the_o doctor_n in_o the_o 12_o page_n you_o have_v bethink_v yourself_o jerry_n and_o think_v it_o necessary_a to_o answer_v one_o common_a objection_n of_o the_o danger_n of_o the_o change_n of_o government_n though_o you_o will_v not_o trouble_v yourself_o about_o swarm_n of_o they_o and_o in_o this_o you_o be_v much_o mistake_v as_o in_o most_o other_o thing_n when_o you_o affirm_v this_o foundation_n be_v ground_v on_o a_o revenue_n that_o can_v fail_v but_o with_o the_o nation_n partly_o for_o some_o reason_n i_o have_v show_v just_o be_v oâ—e_n and_o especial_o in_o case_n of_o conquest_n which_o be_v and_o will_v be_v the_o great_a alteration_n of_o government_n the_o fund_z of_o private_a gentleman_n estate_n will_v be_v far_o more_o secure_a than_o the_o fund_z of_o this_o bank_n though_o confirm_v by_o act_n of_o parliament_n who_o interest_n come_v out_o of_o the_o exchequer_n wâ—â—ch_n will_v be_v under_o the_o conqueror_n immediate_a management_n and_o disposal_n but_o the_o conqueror_n never_a trouble_n themselves_o to_o alter_v private_a contract_n make_v on_o gentleman_n estate_n for_o â—hey_n take_v another_o method_n which_o be_v to_o lay_v heavy_a tax_n on_o they_o because_o theâ—_n will_v easy_o râ—ise_o more_o money_n out_o of_o they_o in_o that_o manner_n then_o if_o they_o seize_v all_o their_o estate_n in_o their_o own_o possession_n and_o therefore_o private_a estate_n be_v more_o secure_a and_o certain_a for_o all_o this_o while_n the_o nation_n may_v not_o neither_o will_v it_o fail_v but_o the_o people_n will_v go_v on_o with_o their_o trade_n and_o business_n still_o as_o before_o in_o the_o next_o place_n jerry_n be_v about_o to_o show_v how_o this_o design_n may_v redound_v to_o the_o improvement_n of_o the_o trade_n of_o eâ—gland_n must_v first_o make_v a_o remark_n on_o our_o politician_n who_o be_v so_o curious_a as_o to_o split_v every_o thing_n to_o a_o hair_n who_o be_v possess_v with_o a_o sort_n of_o factious_a reason_n which_o run_v extreme_o on_o division_n and_o separation_n so_o that_o when_o anything_o prove_v to_o too_o heavy_a for_o their_o head_n that_o they_o can_v apprehend_v it_o they_o present_o divide_v iâ—_n and_o reduce_v it_o to_o such_o confusion_n as_o no_o body_n else_o can_v understand_v it_o ay_o jerry_n you_o be_v in_o the_o right_n on_o it_o for_o these_o politician_n and_o mercurial_a head_n do_v think_v themselves_o the_o wise_a man_n in_o the_o world_n and_o no_o body_n understand_v any_o sense_n but_o they_o because_o they_o have_v the_o knack_n of_o prate_v and_o start_v new_a notion_n and_o swarm_n of_o objection_n their_o talon_n be_v not_o so_o much_o to_o remove_v inconvenience_n as_o to_o find_v they_o out_o but_o they_o be_v all_o of_o they_o mistake_v and_o so_o let_v they_o go_v for_o a_o company_n of_o conceit_a mome_n as_o they_o be_v it_o be_v well_o for_o we_o that_o we_o have_v get_v such_o a_o eminent_a man_n of_o part_n true_a sense_n and_o right_a reason_n as_o jerry_n squirt_n who_o be_v so_o dextrous_a in_o the_o find_n out_o the_o most_o secret_a intrigue_n and_o subtle_a contrivance_n of_o all_o the_o the_o factious_a cabal_n or_o else_o he_o can_v never_o have_v give_v we_o such_o a_o notable_a account_n of_o the_o politician_n new_o acquire_v maxim_n and_o the_o mercurial_a head_n incomprehensible_a notion_n together_o with_o all_o the_o management_n of_o the_o proposer_n crafty_a design_n and_o though_o they_o have_v endeavour_v to_o reduce_v all_o thing_n to_o a_o unintelligible_a confusion_n yet_o our_o judicious_a friend_n jerry_n be_v so_o prudent_a and_o good_a nature_a as_o he_o will_v consider_v how_o this_o bank_n may_v be_v beneficial_a to_o both_o the_o interest_n of_o land_n and_o trade_n for_o the_o general_a good_a of_o all_o how_o happy_a will_v it_o be_v for_o this_o nation_n if_o all_o our_o politician_n and_o mercurial_a man_n have_v but_o such_o head_n as_o our_o friend_n jerry_n have_v upon_o his_o shoulder_n then_o we_o shall_v be_v wise_o govern_v i_o warrant_v you_o but_o now_o that_o i_o may_v not_o make_v too_o large_a a_o digression_n for_o which_o i_o hope_v the_o reader_n will_v pardon_v i_o since_o i_o have_v the_o example_n of_o a_o great_a author_n before_o i_o i_o will_v return_v again_o to_o see_v the_o benefit_n of_o this_o bank_n where_o jerry_n in_o the_o next_o place_n have_v by_o a_o lucky_a chance_n find_v out_o that_o its_o a_o sign_n money_n be_v plenty_n when_o interest_n be_v low_a 13._o p_o 13._o sure_o he_o can_v call_v 8_o l._n per_fw-la cent_n low_a interest_n oh_o no_o but_o if_o the_o bank_n can_v with_o 2_o or_o 300000_o l._n circulate_a 1200000_o l._n it_o will_v be_v as_o good_a as_o a_o million_o bring_v into_o the_o nation_n beside_o the_o effect_n increase_n will_v advanctage_v trade_n by_o the_o secure_a way_n of_o reciept_n and_o payment_n 14._o p._n 14._o its_o safety_n from_o fire_n and_o thief_n and_o other_o disaster_n which_o gold_n and_o silver_n be_v subject_a unto_o but_o not_o book_n of_o account_n bank_n bill_n or_o the_o like_a all_o thing_n consider_v when_o put_v in_o practice_n will_v natural_o and_o gradual_o low_a the_o interest_n of_o money_n that_o be_v to_o say_v hereafter_o in_o a_o great_a many_o year_n to_o come_v pray_v sir_n what_o be_v a_o million_o extraordinary_a when_o the_o nation_n want_v twenty_o million_o beside_o unthinking_a jerry_n do_v not_o consider_v how_o many_o person_n be_v necessitate_v and_o arrest_v out_o of_o who_o hand_n much_o of_o this_o money_n be_v call_v to_o put_v into_o this_o bank_n for_o the_o sake_n of_o the_o great_a interest_n and_o that_o none_o of_o they_o can_v be_v supply_v on_o the_o best_a security_n when_o the_o money_a man_n can_v have_v 8_o l._n per_fw-la cent_n which_o way_n then_o be_v it_o likely_a that_o interest_n can_v be_v lower_v since_o the_o