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attainable_a by_o the_o establish_n of_o bank_n there_o be_v one_o more_o in_o particular_a that_o will_v prove_v very_o accommodatious_a to_o his_o royal_a majesty_n upon_o any_o occasion_n of_o want_n of_o money_n either_o in_o his_o own_o kingdom_n or_o abroad_o in_o foreign_a part_n for_o by_o the_o help_n of_o those_o bank_n and_o upon_o the_o credit_n of_o so_o great_a a_o revenue_n as_o two_o million_o yearly_a his_o majesty_n sure_o can_v want_v credit_n at_o any_o time_n either_o at_o home_n or_o abroad_o for_o a_o million_o or_o more_o in_o case_n of_o necessity_n for_o he_o as_o well_o as_o other_o may_v either_o draw_v remit_v or_o accept_v bill_n and_o pay_v they_o out_o of_o such_o money_n as_o will_v be_v receive_v for_o interest_n in_o bank_n and_o sure_o all_o rational_a person_n must_v esteem_v of_o bill_n so_o accept_v by_o his_o majesty_n or_o those_o his_o commissioner_n before_o speak_v of_o to_o govern_v his_o bank_n to_o be_v as_o good_a sure_a and_o certain_a payment_n as_o if_o accept_v by_o the_o most_o punctual_a merchant_n that_o walk_v the_o exchange_n of_o london_n consider_v that_o the_o default_n in_o payment_n but_o of_o a_o hundred_o thousand_o will_v whole_o discredit_v and_o overthrow_v the_o bank_n and_o consequent_o so_o great_a a_o revenue_n whereunto_o such_o commissioner_n and_o governor_n ought_v to_o have_v regard_n and_o not_o to_o draw_v more_o upon_o any_o foreign_a bank_n or_o person_n whatsoever_o then_o by_o the_o time_n of_o return_n of_o such_o credit_n they_o may_v be_v able_a to_o discharge_v which_o will_v be_v a_o million_o every_o six_o month_n a_o accommodation_n so_o great_a that_o i_o think_v the_o great_a prince_n of_o europe_n can_v boast_v of_o the_o like_a i_o may_v have_v insist_v upon_o his_o majesty_n real_a estate_n in_o land_n and_o otherwise_o which_o may_v be_v value_v at_o some_o million_o and_o that_o upon_o this_o also_o credit_n may_v be_v obtain_v according_a to_o proportion_n of_o the_o estate_n of_o his_o subject_n upon_o occasion_n but_o how_o acceptable_a that_o may_v be_v i_o know_v not_o since_o no_o law_n but_o his_o majesty_n royal_a pleasure_n in_o that_o case_n can_v proper_o be_v make_v bind_v it_o be_v the_o great_a objection_n against_o erect_v bank_n of_o money_n under_o a_o monarchy_n which_o as_o they_o say_v be_v subject_a to_o the_o king_n pleasure_n and_o therefore_o can_v so_o proper_o be_v call_v their_o own_o especial_o when_o under_o the_o power_n of_o a_o army_n or_o the_o like_a but_o although_o i_o be_o not_o whole_o of_o that_o opinion_n because_o i_o find_v banks_n to_o be_v erect_v and_o flourish_v as_o well_o under_o the_o great_a mogul_n in_o the_o east_n indies_n as_o in_o tuscany_n under_o the_o great_a duke_n both_o which_o be_v as_o absolute_a monarch_n as_o any_o king_n of_o christendom_n yet_o to_o give_v satisfaction_n to_o all_o and_o especial_o to_o those_o merchant_n in_o london_n who_o i_o find_v almost_o general_o averse_a 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to_o his_o majesty_n revenue_n or_o disparagement_n in_o the_o least_o to_o bank_n credit_n ground_v upon_o the_o foundation_n of_o land_n or_o good_n as_o aforesaid_a which_o be_v and_o will_v be_v still_o of_o as_o real_a a_o value_n as_o gold_n or_o silver_n as_o i_o have_v before_o prove_v i_o hope_v to_o satisfaction_n of_o all_o man_n i_o fear_v i_o have_v be_v too_o long_o in_o the_o explanation_n of_o these_o bank_n and_o tire_v the_o reader_n patience_n with_o impertinence_n yet_o in_o some_o particular_n perhaps_o i_o be_o short_a whereby_o all_o may_v not_o full_o understand_v what_o i_o be_o desirous_a none_o shall_v be_v ignorant_a in_o which_o if_o it_o be_v any_o that_o may_v give_v it_o a_o furtherance_n or_o that_o be_v incline_v to_o study_v or_o promote_v so_o public_a a_o undertake_n i_o shall_v be_v as_o glad_a to_o spend_v some_o further_a time_n in_o answer_v any_o write_a objection_n as_o i_o be_o willing_a to_o give_v a_o meeting_n to_o those_o that_o desire_v 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ingenuous_a gentleman_n samuel_n hartlipe_n esquire_n which_o take_v in_o general_a as_o a_o case_n put_v viz._n suppose_v any_o company_n of_o man_n shall_v proffer_v to_o lend_v his_o majesty_n two_o or_o three_o hundred_o million_o of_o money_n gratis_o let_v we_o consider_v what_o he_o will_v do_v therewith_o 1._o he_o can_v not_o employ_v it_o with_o safety_n any_o otherwise_o then_o by_o lend_v it_o forth_o to_o the_o people_n upon_o sufficient_a security_n at_o a_o reasonable_a interest_n because_o it_o be_v but_o lend_v to_o he_o and_o therefore_o must_v be_v restore_v 2._o it_o may_v be_v he_o will_v resolve_v also_o to_o raise_v bank_n therewith_o whereby_o the_o credit_n ground_v upon_o such_o money_n may_v run_v current_a among_o the_o people_n rather_o than_o the_o money_n itself_o which_o be_v not_o so_o fit_a for_o daily_a use_n in_o great_a sum_n in_o respect_n of_o the_o trouble_n of_o tell_v and_o retelling_a the_o loss_n in_o clip_a and_o counterfeit_a money_n the_o hazard_n which_o man_n sustain_v in_o keep_v much_o money_n by_o they_o the_o trouble_n of_o carry_v great_a sum_n of_o money_n from_o house_n to_o house_n and_o the_o danger_n of_o convey_v it_o in_o specie_fw-la from_o one_o town_n to_o another_o whereas_o deal_v in_o such_o credit_n as_o to_o all_o great_a sum_n will_v prevent_v highway_n thief_n who_o if_o they_o have_v nothing_o but_o good_n to_o seize_v upon_o in_o the_o road_n can_v go_v long_o undiscovered_a nor_o can_v advance_v any_o thing_n thereupon_o worth_a their_o attendance_n which_o will_v total_o discourage_v they_o from_o follow_v that_o lewd_a kind_n of_o life_n and_o thereby_o free_a the_o highway_n of_o such_o kind_n of_o vermin_n credit_v also_o be_v better_o among_o the_o people_n in_o these_o two_o respect_n first_o it_o can_v be_v transport_v to_o other_o nation_n second_o it_o will_v not_o be_v hoard_a up_o as_o money_n many_o time_n be_v to_o the_o great_a hindrance_n of_o trade_n for_o that_o which_o will_v be_v perhaps_o at_o first_o of_o least_o esteem_n among_o the_o common_a sort_n of_o people_n if_o it_o be_v of_o real_a value_n in_o itself_o be_v most_o for_o their_o good_a because_o every_o man_n strive_v to_o post_v it_o off_o from_o himself_o do_v thereby_o quicken_v return_n in_o trade_n now_o suppose_v that_o upon_o these_o manifold_a consideration_n such_o bank_n shall_v be_v erect_v and_o it_o shall_v thereupon_o come_v to_o pass_v that_o this_o money_n thus_o lend_v to_o the_o king_n shall_v lie_v dead_a in_o bank_n and_o the_o people_n shall_v make_v use_n of_o the_o credit_n in_o stead_n thereof_o as_o they_o do_v in_o other_o place_n i_o demand_v then_o to_o what_o purpose_n this_o money_n serve_v if_o it_o be_v say_v it_o lie_v for_o a_o pawn_n to_o secure_v the_o credit_n that_o
as_o current_a payment_n in_o bank_n in_o manner_n as_o aforesaid_a and_o be_v turn_v over_o from_o one_o kingdom_n country_n place_n or_o person_n to_o another_o as_o well_o as_o if_o there_o be_v so_o much_o dead_a money_n lie_v there_o now_o that_o such_o credit_n be_v as_o good_a as_o money_n will_v appear_v if_o it_o be_v observe_v that_o money_n itself_o be_v nothing_o else_o but_o a_o kind_n of_o security_n which_o man_n receive_v upon_o part_v with_o their_o commodity_n as_o a_o ground_n of_o hope_n or_o assurance_n that_o they_o shall_v be_v repay_v in_o some_o other_o commodity_n since_o no_o man_n will_v either_o sell_v or_o part_n with_o any_o for_o the_o best_a money_n but_o in_o hope_n thereby_o to_o procure_v some_o other_o commodity_n or_o necessary_a true_a it_o be_v that_o coin_n which_o have_v no_o intrinsical_a value_n viz._n money_n of_o brass_n copper_n etc._n etc._n though_o while_o it_o run_v current_a the_o owner_n may_v obtain_v commodity_n for_o it_o yet_o when_o the_o use_n of_o it_o be_v prohibit_v not_o man_n be_v engage_v to_o make_v it_o good_a he_o suffer_v loss_n which_o if_o he_o have_v security_n in_o land_n of_o sufficient_a value_n will_v be_v prevent_v whereby_o it_o appear_v that_o security_n answer_v to_o the_o intrinsique_n value_n of_o coyn._n and_o that_o such_o credit_n be_v as_o good_a as_o money_n be_v also_o evident_a upon_o this_o ground_n that_o money_n if_o it_o be_v a_o better_a security_n than_o it_o be_v yet_o it_o serve_v only_o to_o supply_v the_o interval_n of_o time_n between_o the_o sell_n of_o one_o commodity_n and_o the_o buy_n of_o another_o now_o the_o best_a assurance_n in_o land_n be_v a_o security_n sufficient_a for_o the_o supply_n of_o that_o interval_n especial_o consider_v that_o man_n estate_n be_v general_o either_o in_o land_n or_o commodity_n and_o in_o land_n though_o more_o certain_a than_o commodity_n yet_o if_o absolute_o purchase_v there_o may_v be_v a_o loss_n by_o its_o decrease_n in_o value_n but_o if_o accept_v only_o as_o a_o mortgage_n that_o hazard_n be_v prevent_v and_o so_o become_v the_o most_o certain_a security_n on_o earth_n and_o therefore_o must_v needs_o be_v sufficient_a to_o supply_v the_o short_a interval_n between_o the_o sell_n of_o land_n or_o commodity_n and_o the_o buy_v thereof_o upon_o this_o ground_n that_o securiity_n be_v in_o effect_n the_o same_o thing_n with_o money_n it_o be_v that_o in_o divers_a place_n of_o the_o world_n it_o run_v current_a instead_o of_o money_n thus_o bill_n in_o flanders_n oblige_v the_o debtor_n to_o pay_v money_n at_o a_o certain_a time_n be_v accept_v by_o those_o who_o esteem_v of_o the_o man_n as_o able_a and_o sufficient_a whereby_o such_o bill_n do_v usual_o pass_v from_o one_o hand_n to_o another_o until_o they_o become_v payable_a thus_o in_o venice_n legorn_n and_o amsterdam_n the_o security_n common_o call_v credit_n ground_v upon_o the_o deposition_n of_o money_n in_o bank_n run_v current_n and_o though_o the_o owner_n may_v have_v money_n if_o they_o please_v yet_o they_o choose_v rather_o to_o deal_v by_o credit_n whereby_o it_o appear_v that_o it_o be_v neither_o unpossible_a strange_a nor_o impracticable_a for_o security_n to_o be_v make_v to_o supply_v the_o place_n of_o money_n there_o be_v nothing_o in_o it_o but_o what_o be_v daily_o act_v among_o man_n for_o first_o the_o raise_n of_o credit_n upon_o the_o security_n of_o land_n be_v no_o new_a thing_n witness_v tuscany_n where_o land_n be_v register_v be_v hold_v to_o be_v the_o best_a and_o most_o infallible_a security_n in_o that_o country_n and_o at_o home_n in_o our_o own_o country_n as_o at_o taunton_n dean_n in_o somersetshire_n the_o custom_n and_o tenure_n of_o land_n there_o be_v the_o same_o in_o effect_n for_o that_o no_o man_n can_v alien_a or_o purchase_v a_o estate_n but_o it_o must_v be_v enter_v and_o enrol_v at_o a_o office_n keep_v for_o that_o purpose_n within_o the_o manor_n nor_o can_v any_o person_n grant_v a_o lease_n for_o any_o term_n but_o it_o must_v be_v there_o enter_v in_o like_a manner_n and_o hence_o it_o come_v that_o land_n of_o that_o tenure_n be_v sell_v for_o two_o three_o and_o sometime_o four_o year_n purchase_v more_o than_o other_o though_o lie_v but_o in_o the_o next_o parish_n and_o i_o have_v hear_v that_o some_o gentleman_n have_v affirm_v that_o 100_o l._n a_o year_n there_o have_v prove_v of_o great_a worth_n and_o accommodation_n to_o they_o then_o 300_o l._n elsewhere_o for_o that_o thereupon_o they_o have_v command_v money_n at_o pleasure_n out_o of_o bank_n as_o i_o may_v so_o proper_o call_v it_o for_o that_o many_o usurer_n in_o those_o part_n do_v send_v their_o money_n thither_o upon_o security_n of_o that_o land_n because_o a_o infallible_a pledge_n and_o let_v it_o out_o at_o six_o per_fw-la cent_n rather_o than_o at_o eight_o elsewhere_o when_o that_o be_v the_o standard_n of_o interest_n and_o as_o i_o have_v be_v credible_o inform_v great_a sum_n have_v be_v there_o so_o take_v in_o and_o let_v out_o again_o to_o other_o at_o the_o like_a advantage_n which_o put_v i_o in_o mind_n of_o holland_n who_o do_v the_o same_o thing_n by_o we_o not_o many_o year_n since_o second_o the_o make_v use_n of_o credit_n in_o bank_n instead_o of_o money_n and_o transfer_v of_o such_o credit_n from_o one_o man_n to_o another_o in_o book_n keep_v for_o that_o purpose_n be_v also_o practise_v in_o the_o bank_n of_o florence_n genua_n venice_n legorn_n holland_n and_o also_o in_o china_n under_o the_o great_a mogul_n then_o where_o by_o report_n of_o some_o that_o have_v be_v admit_v into_o his_o country_n there_o be_v not_o more_o famous_a bank_n and_o better_o govern_v in_o the_o whole_a world_n now_o put_v those_o two_o together_o and_o you_o have_v the_o whole_a of_o what_o i_o promise_v in_o the_o preface_n to_o show_v first_o how_o bank_n may_v be_v here_o erect_v without_o money_n that_o shall_v answer_v all_o the_o end_n of_o bank_n of_o money_n in_o foreign_a part_n whereunto_o i_o expect_v some_o will_n object_n 1._o that_o this_o credit_n of_o land_n or_o other_o pledge_n in_o bank_n though_o of_o as_o real_a a_o value_n as_o gold_n and_o silver_n and_o perhaps_o may_v be_v at_o some_o time_n by_o some_o peson_n esteem_v as_o acceptable_a yet_o by_o other_o or_o peradventure_o the_o same_o person_n at_o other_o time_n it_o may_v be_v dislike_v for_o divers_a reason_n as_o in_o the_o case_n where_o a_o man_n have_v occasion_n to_o pay_v small_a sum_n either_o for_o hire_v of_o labourer_n or_o to_o buy_v necessary_n for_o the_o back_n and_o belly_n or_o for_o pocket_n expense_n which_o payment_n be_v not_o to_o be_v assign_v in_o bank_n if_o less_o than_o ten_o pound_n and_o for_o which_o in_o truth_n a_o man_n can_v upon_o all_o occasion_n go_v to_o the_o bank_n to_o this_o i_o answer_v that_o the_o make_v payment_n by_o assignation_n current_n in_o bank_n credit_n will_v be_v find_v of_o so_o great_a advantage_n and_o ease_v to_o all_o merchant_n and_o other_o of_o any_o considerable_a deal_n in_o cure_v all_o these_o evil_n follow_v viz._n 1._o by_o avoid_v the_o trouble_n in_o count_v of_o money_n 2._o the_o danger_n of_o loss_n by_o receive_v clip_v and_o counterfeit_a coyn._n 3._o the_o many_o journey_n in_o vain_a make_v to_o receive_v debt_n 4._o the_o innumerable_a suit_n of_o law_n about_o such_o debt_n 5._o the_o imprisonment_n of_o man_n person_n for_o debt_n 6._o much_o trouble_n in_o keep_v account_n 7._o great_a loss_n by_o trust_v those_o that_o fail_v 8._o cozenage_n in_o those_o who_o conceal_v their_o estate_n compound_v with_o their_o creditor_n 9_o under-selling_a the_o market_n for_o procure_v money_n to_o pay_v debt_n 10._o hard_a bargain_n by_o take_v up_o ware_n upon_o trust_n 11._o disable_n man_n from_o manage_v their_o trade_n and_o take_v the_o advantage_n of_o the_o market_n their_o stock_n be_v in_o other_o man_n hand_n 12._o the_o transmit_v their_o estate_n without_o danger_n in_o little_a time_n from_o one_o place_n to_o another_o for_o the_o accommodation_n of_o trade_n 13._o the_o furnish_n such_o as_o want_v money_n at_o three_o per_fw-la cent_n whereby_o many_o will_v support_v their_o credit_n and_o yet_o thrive_v by_o have_v credit_n at_o so_o low_a interest_n 14._o the_o make_v english_a merchant_n capable_a to_o engross_v the_o commodity_n of_o another_o country_n and_o to_o withhold_v it_o from_o other_o as_o the_o dutch_a do_v at_o present_a by_o the_o help_n of_o their_o bank_n 15._o the_o procure_a english_a merchant_n credit_n in_o foreign_a part_n or_o in_o foreign_a bank_n to_o buy_v any_o commodity_n there_o without_o money_n as_o well_o or_o better_a then_o with_o money_n and_o upon_o as_o good_a term_n as_o the_o hollander_n or_o