several_a objection_n sometime_o make_v against_o the_o office_n of_o credit_n full_o answer_v objection_n i._n that_o it_o be_v not_o practicable_a answer_n it_o be_v already_o practise_v separate_o in_o its_o part_n as_o in_o lumbards_n and_o banks_n beyond_o sea_n an._n 2._o it_o be_v because_o it_o may_v be_v secure_o deal_v with_o as_o v._o obj._n 7._o 3._o that_o it_o be_v very_o probable_a customer_n will_v come_v to_o this_o office_n as_o well_o as_o they_o do_v here_o to_o banker_n scrivener_n and_o broker_n and_o beyond_o sea_n to_o lumbards_n and_o the_o rather_o because_o of_o the_o public_a security_n and_o the_o credit_n of_o the_o city_n be_v care_n and_o inspection_n better_a than_o the_o reputation_n of_o any_o of_o the_o former_a and_o alfo_o by_o reason_n they_o be_v supply_v here_o at_o much_o low_a rate_n 4._o that_o the_o credit_n raise_v upon_o good_n may_v be_v transfer_v as_o well_o as_o it_o be_v in_o the_o bank_n beyond_o sea_n and_o without_o doubt_n will_v be_v as_o acceptable_a since_o the_o only_a reason_n why_o it_o pass_v currant_n there_o iâ—_n because_o there_o be_v a_o pledge_v leave_v in_o a_o secure_a place_n and_o so_o there_o will_v be_v here_o with_o advantage_n 5._o there_o be_v more_o reason_n to_o have_v doubt_v the_o pass_v of_o credit_n at_o the_o first_o constitution_n of_o bank_n when_o there_o be_v nothing_o in_o the_o know_a world_n like_o it_o than_o now_o have_v example_n before_o we_o of_o foreign_a bank_n and_o home_n banker_n 6._o what_o be_v already_o practise_v in_o other_o country_n be_v practicable_a here_o as_o lumbards_n and_o banks_n for_o good_n can_v be_v bring_v by_o the_o proprietor_n receive_v register_v and_o secure_o reposit_v by_o the_o undertaker_n as_o in_o lumbards_n and_o the_o depositor_n for_o the_o value_n of_o they_o can_v be_v enter_v creditor_n and_o debtor_n as_o they_o be_v for_o the_o value_n of_o money_n in_o bank_n and_o so_o can_v it_o be_v transfer_v in_o all_o this_o there_o be_v no_o such_o herculian_a labour_n vide_fw-la lex_fw-la mercat_n pag._n 73._o register_n objection_n ii_o that_o there_o be_v no_o need_n of_o this_o office_n because_o there_o be_v already_o money_n and_o trade_n enough_o answer_n 1._o there_o can_v be_v too_o much_o trade_n answ_n 2._o that_o there_o be_v want_n of_o money_n be_v evident_a by_o the_o decay_n of_o trade_n and_o want_v of_o employment_n for_o at_o least_o half_a the_o people_n of_o the_o nation_n a_o example_n whereof_o we_o have_v in_o ireland_n which_o abound_v with_o native_a commodity_n and_o yet_o have_v no_o considerable_a trade_n for_o want_n of_o money_n or_o currant_n credit_v equivalent_a and_o though_o some_o man_n because_o of_o their_o great_a credit_n may_v have_v what_o money_n they_o please_v yet_o they_o can_v but_o find_v by_o deal_v with_o several_a that_o either_o pay_v they_o not_o punctual_o or_o not_o at_o all_o that_o money_n be_v want_v the_o stand_a debt_n in_o this_o nation_n where_o man_n be_v willing_a to_o pay_v and_o rich_a in_o good_n or_o content_a to_o be_v employ_v though_o idle_a be_v clear_a demonstration_n that_o there_o be_v not_o money_n enough_o to_o answer_v all_o occasion_n which_o will_v appear_v more_o plain_o if_o every_o man_n in_o london_n who_o have_v 10000_o l._n credit_n upon_o the_o exchange_n shall_v desire_v so_o much_o money_n together_o 3_o if_o there_o be_v ten_o time_n as_o much_o trade_n as_o now_o there_o be_v the_o people_n will_v be_v ten_o time_n rich_a than_o now_o they_o be_v and_o by_o the_o help_n of_o this_o office_n and_o the_o quick_a return_v occasion_v by_o it_o trade_n will_v be_v so_o much_o increase_v for_o let_v we_o have_v never_o so_o many_o natural_a or_o manufactured_a commodity_n one_o country_n or_o other_o will_v want_v they_o and_o take_v they_o off_o our_o hand_n so_o that_o there_o be_v no_o fear_n that_o by_o the_o increase_n of_o trade_n merchant_n and_o tradesman_n grow_v innumerable_a will_v not_o be_v able_a to_o live_v one_o by_o another_o nor_o yet_o will_v the_o resort_n of_o people_n to_o city_n and_o place_n of_o great_a trade_n bring_v with_o it_o that_o scarcity_n of_o provision_n apprehend_v by_o some_o man_n for_o the_o largeness_n of_o trade_n do_v not_o multiply_v man_n in_o the_o world_n though_o it_o do_v in_o the_o place_n of_o trade_n to_o which_o provision_n especial_o when_o they_o have_v the_o help_n of_o a_o navigable_a river_n will_v flow_v from_o all_o part_n at_o as_o cheap_a a_o rate_n as_o before_o when_o by_o the_o removal_n of_o person_n to_o trade_a town_n the_o consumption_n must_v needs_o be_v less_o in_o those_o part_n from_o whence_o they_o come_v 4._o the_o office_n therefore_o the_o credit_n whereof_o will_v be_v as_o the_o add_v of_o so_o much_o money_n to_o the_o nation_n will_v be_v a_o certain_a mean_n to_o increase_v its_o trade_n and_o consequent_o enrich_v it_o and_o the_o credit_n there_o deliver_v out_o will_v first_o or_o last_o find_v its_o way_n back_o for_o the_o redemption_n of_o good_n and_o in_o the_o mean_a time_n serve_v man_n occasion_n as_o well_o as_o ready_a money_n 5._o it_o be_v worth_a the_o know_v how_o many_o there_o be_v that_o have_v so_o much_o money_n that_o they_o know_v not_o what_o to_o do_v with_o more_o if_o they_o have_v it_o if_o there_o be_v few_o or_o none_o such_o then_o sure_o this_o office_n may_v be_v necessary_a for_o it_o can_v enable_v a_o man_n by_o the_o use_n of_o it_o to_o deal_v for_o six_o time_n or_o at_o least_o double_a what_o he_o be_v worth_a and_o yet_o never_o be_v trust_v as_o suppose_v a_o silkman_n be_v worth_a a_o thousand_o pound_n with_o which_o he_o buy_v silk_n he_o bring_v this_o into_o the_o office_n and_o raise_v 9_o 10_o of_o the_o worth_n which_o be_v nine_o hundred_o pound_n or_o more_o or_o less_o according_a to_o the_o nature_n of_o the_o commodity_n with_o which_o he_o buy_v again_o from_o the_o same_o merchant_n more_o and_o bring_v that_o also_o to_o the_o office_n to_o raise_v credit_n and_o so_o one_o upon_o the_o other_o according_a to_o these_o follow_a example_n the_o rule_n of_o the_o office_n be_v for_o the_o most_o part_n to_o lend_v ¾_n 9_o 10_o or_o ½_o example_n 1._o principal_n 1000_o  _fw-fr 750_o 565_o 280_o 210_o 155_o 100_o 3060_o example_n 2._o principal_n 1000_o  _fw-fr 900_o 810_o 730_o 655_o 585_o 525_o 470_o 435_o 300_o 270_o 250_o 130_o 100_o 7160_o example_n 3._o principal_n 1000_o  _fw-fr 500_o 250_o 125_o 60_o 1935_o example_n 4._o principal_n 100_o  _fw-fr 90_o 80_o 70_o 65_o 60_o 55_o 50_o 45_o 40_o 35_o 30_o 25_o 20_o 765_o by_o which_o '_o its_o evident_a that_o this_o silkman_n may_v multiply_v his_o stock_n to_o 7160_o l._n without_o ever_o be_v credit_v for_o the_o merchant_n be_v pay_v in_o credit_n which_o be_v currant_n and_o the_o silkman_n as_o fast_o as_o he_o can_v get_v a_o chapman_n may_v either_o sell_v at_o his_o shop_n or_o the_o office_n where_o the_o whole_a charge_n after_o six_o per_fw-la cent._n p._n a_o come_v for_o a_o half_a year_n to_o 210_o l._n if_o no_o part_n be_v in_o that_o time_n sell_v and_o his_o gain_n at_o 10_o per_fw-la cent._n the_o usual_a gain_n come_v to_o 716_o l._n where_o his_o gain_n will_v without_o this_o help_n have_v be_v but_o 100_o l._n after_o the_o same_o rate_n beside_o this_o hinder_v he_o not_o from_o buy_v half_a upon_o credit_n and_o then_o his_o stock_n will_v have_v be_v 14322_o l._n and_o his_o gain_n proportionable_a or_o suppose_v less_o credit_n be_v lend_v out_o of_o the_o office_n take_v one_o commodity_n with_o another_o according_a to_o the_o first_o and_o three_o example_n it_o do_v trible_a or_o double_a the_o principal_a stock_n there_o be_v likewise_o add_v a_o four_o example_n of_o a_o small_a sum_n upon_o which_o 90_o in_o the_o hundred_o be_v lend_v that_o the_o vulgar_a capacity_n may_v the_o better_o understand_v the_o advantage_n and_o profit_n we_o must_v note_v that_o a_o man_n be_v oblige_v neither_o to_o buy_v always_o from_o the_o same_o merchant_n nor_o the_o same_o commodity_n but_o from_o who_o and_o what_o he_o please_v the_o credit_n be_v currant_n but_o those_o objector_n take_v this_o assertion_n for_o grant_v because_o they_o and_o some_o they_o know_v have_v no_o want_n of_o either_o money_n or_o trade_n which_o be_v a_o deceitful_a calculation_n for_o 1._o if_o there_o be_v never_o so_o little_a money_n and_o bad_a trade_n yet_o some_o will_v fare_v well_o enough_o though_o the_o few_o 2._o if_o there_o be_v money_n and_o trade_n enough_o i_o suppose_v those_o overstockt_a merchant_n will_v not_o meet_v so_o often_o with_o bad_a debt_n and_o delatory_a payment_n as_o have_v be_v usual_a 3._o the_o fail_v of_o so_o
many_o housekeeper_n seem_v to_o prove_v that_o either_o there_o be_v less_o money_n or_o a_o great_a quantity_n of_o man_n to_o use_v it_o and_o so_o less_o fall_v to_o every_o one_o share_n which_o be_v unavoidable_a unless_o that_o money_n increase_v as_o fast_o as_o man_n or_o prevent_v by_o this_o expedient_a which_o though_o man_n and_o good_n increase_v ad_fw-la infinitum_fw-la can_v accommodate_v they_o all_o with_o credit_n which_o answer_v all_o the_o use_n and_o advantage_n of_o money_n 4._o notwithstanding_o the_o generality_n of_o man_n through_o prudence_n or_o necessity_n contract_v their_o expense_n yet_o grow_v they_o never_o the_o rich_a but_o rather_o poor_a for_o as_o all_o man_n contract_v their_o expense_n so_o every_o tradesman_n must_v necessary_o receive_v less_o and_o then_o the_o commodity_n lie_v the_o long_o in_o the_o merchant_n hand_n so_o that_o where_o there_o be_v a_o less_o consumption_n of_o inland_n and_o foreign_a commodity_n and_o a_o decrease_n of_o most_o man_n profit_n and_o gain_n we_o must_v needs_o conclude_v the_o money_n of_o the_o nation_n be_v diminish_v or_o that_o some_o rich_a miser_n hoard_v it_o up_o to_o look_v on_o for_o if_o it_o be_v in_o the_o usurer_n hand_n it_o will_v upon_o good_a security_n be_v send_v abroad_o again_o and_o last_o though_o there_o be_v the_o same_o stock_n of_o money_n but_o a_o great_a quantity_n of_o commodity_n than_o usual_o import_v money_n be_v the_o medium_fw-la they_o must_v needs_o lie_v dead_a till_o it_o can_v go_v round_o for_o as_o a_o hundred_o yard_n of_o cloth_n require_v long_a time_n to_o be_v measure_v with_o one_o yard_n than_o 10_o yard_n so_o do_v much_o and_o many_o comodities_n require_v a_o long_a time_n to_o have_v the_o same_o quantity_n of_o money_n answer_v it_o than_o few_o and_o it_o will_v soon_o run_v through_o ten_o man_n hand_n than_o twenty_o but_o the_o infallible_a sign_n of_o plenty_n of_o money_n and_o a_o flourish_a trade_n be_v when_o multitude_n have_v great_a deal_n and_o every_o man_n that_o be_v willing_a to_o work_v be_v full_a of_o employment_n which_o how_o far_o these_o present_a time_n come_v short_a off_o let_v the_o understand_a reader_n judge_n by_o the_o help_n of_o this_o office_n if_o all_o the_o commodity_n of_o europe_n be_v bring_v in_o there_o can_v be_v no_o cessation_n of_o trade_n for_o the_o credit_n of_o one_o commodity_n will_v still_o measure_v and_o purchase_v another_o and_o what_o can_v not_o be_v spend_v in_o england_n may_v then_o by_o the_o credit_n of_o other_o commodity_n be_v transport_v to_o other_o country_n to_o find_v a_o market_n which_o now_o for_o want_v of_o money_n to_o answer_v it_o lie_v rot_v here_o but_o the_o most_o pertinent_a answer_n be_v that_o it_o will_v soon_o be_v decide_v whether_o there_o be_v need_n of_o this_o office_n or_o no_o for_o if_o there_o be_v no_o need_n of_o it_o it_o will_v have_v no_o customer_n and_o if_o it_o have_v customer_n it_o will_v be_v a_o undeniable_a argument_n that_o there_o be_v need_n of_o it_o vide_fw-la lex_fw-la mercat_n p._n 48._o pargr_n 4._o &_o p._n 53._o par_fw-fr 8._o objection_n 3._o that_o it_o will_v be_v a_o monopoly_n answer_n 1._o none_o for_o all_o man_n be_v free_a to_o use_v it_o and_o none_o prohibit_v to_o imitate_v it_o if_o they_o can_v answer_n 2._o all_o establish_v office_n be_v monopoly_n as_o much_o as_o this_o for_o they_o can_v run_v through_o the_o hand_n of_o all_o person_n but_o only_o of_o the_o peculiar_a officer_n and_o several_a such_o office_n have_v be_v find_v of_o great_a utility_n as_o the_o penny-post_n for_o a_o late_a example_n but_o this_o be_v far_o from_o a_o monopoly_n in_o a_o bad_a sense_n for_o that_o be_v only_o grievous_a by_o engross_a a_o necessary_a commodity_n into_o few_o hand_n with_o a_o purpose_n to_o enhance_v the_o price_n which_o be_v former_o better_a and_o cheap_a sell_v by_o many_o but_o this_o office_n debase_v the_o price_n and_o enable_v more_o man_n to_o trade_n and_o for_o more_o than_o without_o it_o that_o which_o be_v voluntary_a and_o restrain_v no_o man_n of_o his_o freedom_n or_o liberty_n can_v be_v a_o monopoly_n but_o this_o be_v voluntary_a and_o therefore_o if_o it_o be_v not_o find_v to_o be_v for_o the_o public_a good_a it_o will_v soon_o fall_v objection_n 4._o that_o the_o office_n will_v be_v endanger_v by_o fire_n answer_v 1_o it_o be_v moral_o impossible_a for_o fire_n to_o hurt_v it_o for_o there_o will_v be_v all_o imaginable_a care_n take_v to_o prevent_v it_o but_o he_o that_o observe_v the_o wind_n shall_v never_o fow_o and_o he_o that_o forbear_v any_o great_a undertake_n for_o fear_n of_o casualty_n shall_v never_o perform_v any_o thing_n considerable_a nor_o be_v this_o objection_n of_o more_o force_n against_o this_o office_n than_o it_o be_v against_o blackwell-hall_n and_o other_o warehouse_n and_o storehouse_n 2._o it_o be_v like_o the_o good_n may_v be_v insure_v to_o such_o as_o desire_v it_o and_o will_v be_v at_o the_o charge_n 3._o and_o here_o they_o will_v be_v safe_a from_o fire_n than_o in_o the_o proprietor_n own_o possession_n by_o how_o much_o the_o value_n of_o the_o whole_a be_v great_a than_o of_o any_o part_n and_o consequent_o great_a care_n and_o charge_n and_o a_o more_o peculiar_a accommodation_n for_o their_o preservation_n than_o in_o ordinary_a warehouse_n objection_n 5._o that_o there_o can_v be_v sufficient_a security_n to_o answer_v the_o trust_n answer_v 1_o more_o than_o sufficient_a security_n for_o all_o be_v under_o bond_n and_o must_v all_o agree_v to_o deceive_v or_o it_o will_v be_v disappoint_v by_o those_o that_o do_v not_o answ_n 2._o security_n can_v only_o be_v expect_v for_o the_o fidelity_n of_o the_o undertaker_n for_o the_o good_n deposit_v make_v they_o able_a and_o a_o small_a proportion_n of_o honesty_n and_o discretion_n may_v qualify_v man_n to_o be_v trust_v with_o the_o care_n of_o keep_v other_o man_n good_n and_o return_v they_o to_o the_o right_a owner_n nor_o indeed_o be_v the_o undertaker_n trust_v so_o much_o as_o the_o good_n themselves_o whereof_o they_o be_v only_o the_o keeper_n 3._o if_o any_o man_n distrust_v this_o bank_n and_o thereupon_o return_v the_o credit_n receive_v and_o defray_v all_o charge_n he_o may_v take_v out_o his_o good_n when_o it_o please_v himself_o 4._o no_o one_o of_o the_o undertaker_n have_v power_n to_o meddle_v with_o good_n otherwise_o than_o according_a to_o the_o rule_v constitute_v by_o the_o whole_a society_n and_o it_o be_v too_o fevere_a to_o think_v that_o the_o whole_a society_n of_o undertaker_n will_v combine_v together_o to_o run_v away_o with_o their_o several_a family_n and_o convey_v away_o so_o great_a a_o magazine_n of_o several_a good_n nor_o be_v it_o possible_a to_o be_v attempt_v without_o notice_n sufficient_a to_o hinder_v such_o a_o design_n 5._o it_o be_v the_o interest_n of_o the_o undertaker_n to_o be_v honest_a and_o industrious_a to_o support_v the_o credit_n of_o this_o office_n to_o the_o accomplishment_n of_o which_o honesty_n be_v the_o only_a expedient_a whereby_o also_o they_o will_v get_v ten_o time_n more_o than_o they_o can_v expect_v by_o dishonesty_n and_o this_o consideration_n will_v bind_v they_o more_o than_o the_o strong_a bond_n or_o judgement_n as_o we_o see_v by_o experience_n in_o private_a person_n goldsmith_n and_o other_o and_o in_o this_o case_n the_o undertaker_n credit_n estate_n and_o stock_n in_o warehouse_n with_o other_o necessary_n belong_v to_o this_o office_n which_o will_v all_o lie_v liable_a will_v sufficient_o oblige_v they_o to_o prevent_v any_o damage_n that_o may_v come_v to_o the_o good_n in_o deposit_n or_o to_o the_o proprietor_n thereof_o and_o whatever_o happen_v will_v be_v sufficient_a to_o make_v restitution_n in_o case_n of_o embezelment_n so_o that_o none_o can_v be_v think_v to_o be_v more_o upon_o good_a behaviour_n than_o this_o society_n 6._o great_a security_n be_v necessary_a for_o the_o bank_n of_o amsterdam_n because_o the_o foundation_n be_v money_n which_o may_v easy_o be_v convey_v away_o and_o be_v every_o where_o acceptable_a but_o it_o be_v otherwise_o with_o good_n who_o bulk_n make_v it_o difficult_a to_o convey_v any_o considerable_a quantity_n of_o they_o away_o 7._o the_o office_n in_o london_n will_v be_v place_v under_o the_o inspection_n of_o the_o lord_n mayor_n and_o in_o other_o corporation_n under_o the_o inspection_n of_o the_o mayor_n or_o head-officer_n there_o and_o of_o such_o as_o they_o appoint_v under_o they_o who_o care_n will_v be_v to_o prevent_v the_o embezel_n of_o good_n bring_v in_o and_o the_o issue_v more_o credit_n than_o the_o good_n in_o the_o office_n can_v answer_v so_o that_o they_o who_o bring_v in_o good_n can_v be_v defraud_v nor_o they_o damnify_v that_o receive_v
both_o by_o the_o ancient_a universal_a way_n of_o trade_n by_o commutation_n and_o the_o present_a as_o well_o in_o the_o west-india_n or_o american_n plantation_n where_o sugar_n tobacco_n cotton_n and_o indigo_n pass_v for_o money_n as_o in_o amsterdam_n where_o the_o general_a part_n of_o trade_n be_v manage_v by_o credit_n in_o bank_n 2._o the_o credit_n here_o recommend_v answer_v all_o the_o end_n and_o intent_n of_o money_n for_o it_o will_v pass_v as_o far_o as_o it_o be_v know_v and_o our_o money_n do_v no_o more_o the_o private_a farthing_n late_o in_o use_n among_o we_o be_v current_n upon_o the_o same_o account_n because_o man_n know_v where_o to_o return_v they_o for_o money_n or_o ware_n so_o man_n know_v where_o to_o return_v this_o credit_n it_o will_v for_o the_o same_o reason_n be_v receive_v the_o like_a may_v be_v say_v of_o the_o seal_a bag_n in_o the_o east-indies_n which_o pass_v as_o far_o as_o the_o east-india_n prince_n have_v credit_n 3._o this_o credit_n will_v pass_v as_o quick_a and_o nimble_a as_o money_n and_o more_o for_o it_o will_v be_v grant_v that_o nine_o in_o ten_o if_o not_o ninety_o nine_o in_o a_o hundred_o receive_v money_n to_o pay_v away_o again_o it_o be_v but_o then_o repair_v to_o the_o bank_n and_o take_v a_o assignment_n which_o will_v pass_v from_o man_n to_o man_n and_o so_o ad_fw-la infinitum_fw-la from_o one_o hand_n to_o another_o and_o be_v present_a payment_n 4._o this_o credit_n will_v pay_v debt_n buy_v or_o purchase_v may_v be_v let_v out_o at_o interest_n or_o hoard_v up_o and_o will_v furnish_v the_o possessor_n of_o it_o with_o all_o necessary_n as_o well_o as_o money_n 5._o it_o serve_v as_o a_o superior_a species_n of_o money_n for_o as_o silver_n be_v for_o the_o buy_n of_o the_o small_a sort_n of_o commodity_n exchange_v for_o copper_n and_o gold_n for_o silver_n so_o this_o credit_n which_o be_v superior_a to_o gold_n or_o silver_n may_v be_v exchange_v for_o either_o for_o example_n if_o i_o have_v 10_o l._n or_o more_o to_o pay_v this_o credit_n will_v do_v it_o without_o turn_v it_o into_o gold_n or_o silver_n but_o if_o i_o have_v under_o 10_o l._n to_o pay_v i_o may_v turn_v this_o credit_n into_o gold_n or_o silver_n as_o i_o may_v for_o small_a sum_n gold_n into_o silver_n or_o silver_n into_o copper_n 6._o money_n be_v valuable_a and_o affect_v mere_o as_o it_o be_v a_o medium_fw-la of_o commerce_n for_o of_o itself_o it_o neither_o feed_v warm_v clothes_n or_o defend_v and_o this_o credit_n be_v as_o valuable_a in_o the_o same_o respect_n 7._o this_o credit_n be_v better_a than_o money_n for_o it_o will_v pass_v from_o man_n to_o man_n without_o any_o damage_n either_o to_o itself_o or_o its_o possessor_n but_o money_n occasion_n great_a loss_n of_o time_n as_o well_o as_o trouble_v in_o tell_v be_v subject_a to_o clip_v counterfeit_v and_o robbery_n and_o be_v oftentimes_o the_o occasion_n of_o bloodshed_n and_o murder_n 8._o if_o credit_n be_v already_o much_o more_o use_v than_o money_n as_o certain_o it_o be_v why_o shall_v the_o credit_n here_o offer_v be_v liable_a to_o more_o exception_n than_o that_o which_o be_v already_o in_o use_n especial_o this_o be_v settle_a and_o fix_v upon_o a_o sure_a fund_z and_o basis_n than_o the_o other_o as_o have_v be_v already_o show_v what_o be_v all_o personal_a security_n by_o bond_n bill_n books-debt_n etc._n etc._n but_o credit_n or_o real_a security_n by_o land_n but_o a_o credit_n give_v to_o those_o land_n that_o they_o bear_v a_o good_a title_n and_o to_o the_o mortgager_n that_o he_o have_v not_o otherwise_o preincumbr_v they_o and_o in_o the_o negotiate_v of_o bill_n of_o exchange_n all_o that_o a_o man_n have_v be_v the_o repute_n of_o the_o drawer_n and_o accepter_n so_o that_o in_o effect_n all_o man_n personal_a estate_n and_o real_a to_o depend_v upon_o paper_n and_o parchment_n and_o the_o credit_n that_o be_v give_v to_o it_o except_o what_o they_o have_v by_o they_o in_o ready_a cash_n or_o good_n which_o be_v common_o inconsiderable_a in_o respect_n of_o the_o other_o 9_o if_o any_o man_n that_o have_v the_o credit_n of_o this_o office_n have_v occasion_n for_o ready_a money_n to_o be_v pay_v away_o under_o 10_o l._n he_o will_v be_v supply_v by_o any_o neighbour_n subscriber_n or_o direction_n from_o the_o office_n 10._o and_o yet_o till_o the_o office_n be_v universal_o know_v and_o receive_v throughout_o england_n money_n may_v be_v sometime_o necessary_a therefore_o it_o be_v propose_v that_o man_n shall_v at_o first_o bring_v in_o only_a part_n of_o their_o stock_n which_o will_v be_v sufficient_a demonstration_n to_o they_o and_o the_o world_n of_o the_o usefulness_n of_o this_o office_n and_o in_o the_o mean_a time_n if_o any_o person_n inhabit_v in_o the_o country_n receive_v credit_n which_o will_v not_o serve_v his_o purpose_n there_o till_o a_o office_n be_v establish_v there_o yet_o will_v there_o be_v person_n of_o all_o profession_n willing_a to_o give_v he_o gold_n and_o silver_n in_o exchange_n for_o this_o credit_n for_o that_o the_o credit_n be_v as_o passable_a the_o next_o minute_n for_o debt_n or_o good_n as_o the_o most_o current_a money_n 11._o we_o will_v first_o define_v credit_n and_o see_v how_o far_o it_o be_v already_o practise_v among_o we_o and_o what_o make_v man_n accept_v it_o here_o and_o from_o the_o bank_n beyond_o sea_n 2._o we_o will_v consider_v what_o money_n be_v and_o how_o it_o come_v to_o be_v so_o desirable_a and_o then_o compare_v both_o leave_v it_o to_o the_o understanding_n reader_n to_o judge_n whether_o credit_n or_o money_n be_v most_o useful_a allure_a or_o invite_v 1._o credit_n be_v the_o reputation_n of_o man_n honesty_n or_o ability_n or_o of_o a_o thing_n intrinsic_a value_n with_o both_o which_o qualification_n this_o office_n be_v sufficient_o endow_v credit_n in_o amsterdam-bank_n be_v but_o to_o be_v register_v creditor_n and_o this_o pass_v currant_n not_o only_o because_o a_o man_n may_v have_v money_n for_o it_o when_o he_o will_v but_o because_o of_o its_o know_a reputation_n for_o every_o man_n will_v receive_v it_o and_o pay_v debt_n or_o buy_v any_o where_o commodity_n none_o refuse_v it_o they_o be_v assure_v it_o have_v a_o valuable_a pledge_n in_o a_o secure_a place_n which_o pledge_n can_v be_v remove_v till_o the_o creditor_n who_o ever_o he_o be_v shall_v be_v satisfy_v but_o to_o further_o satisfy_v some_o man_n how_o trade_n can_v be_v drive_v commodity_n buy_v and_o debt_n pay_v without_o money_n in_o specie_fw-la beside_o the_o indubitable_a certainty_n of_o its_o be_v practise_v in_o the_o several_a foreign_a bank_n i_o shall_v form_v a_o example_n or_o two_o of_o the_o manner_n and_o convenience_n of_o it_o as_o suppose_v a._n owe_v to_o b._n 100_o l._n b._n the_o like_a to_o c._n c._n the_o like_a to_o d._n and_o d._n the_o like_a to_o e._n and_o e._n to_o f._n f._n to_o g._n g._n to_o h._n h._n to_o i._o and_o i._o to_o a._n which_o if_o it_o be_v possible_a for_o they_o all_o to_o know_v they_o may_v agree_v upon_o a_o meeting_n and_o quit_v each_o other_o by_o rescounter_n as_o for_o example_n a._n quit_v i._n he_o h._n and_o h._n g._n and_o so_o on_o till_o b._n quit_v a._n and_o then_o all_o be_v satisfy_v without_o one_o farthing_n be_v pay_v in_o specie_fw-la when_o else_o for_o want_n of_o this_o possibility_n of_o meeting_n because_o each_o know_v but_o his_o immediate_a creditor_n and_o debtor_n and_o not_o the_o mediate_a or_o ready_a money_n or_o for_o default_n of_o it_o this_o office_n they_o be_v all_o puzzle_v with_o debt_n and_o credit_n for_o if_o a._n have_v the_o money_n or_o raise_v credit_n in_o the_o office_n upon_o his_o good_n a._n will_v pay_v b._n and_o so_o on_o till_o i._o pay_v a._n by_o which_o it_o appear_v if_o any_o of_o these_o be_v dishonest_a or_o disable_v what_o a_o trouble_n they_o bring_v upon_o all_o the_o rest_n and_o for_o so_o much_o what_o a_o stop_n upon_o trade_n for_o though_o one_o man_n perchance_o be_v able_a to_o turn_v 100_o l._n but_o ten_o time_n a_o year_n yet_o the_o same_o 100_o l._n may_v be_v by_o many_o man_n turn_v a_o thousand_o time_n a_o year_n all_o which_o as_o the_o case_n now_o stand_v may_v be_v hinder_v by_o one_o covetous_a or_o dishonest_a person_n now_o by_o this_o office_n if_o a_o man_n be_v able_a his_o creditor_n will_v in_o a_o manner_n oblige_v he_o to_o be_v honest_a for_o what_o be_v past_a and_o for_o the_o future_a there_o will_v be_v no_o need_n of_o trust_v which_o only_o creep_v into_o the_o world_n because_o there_o be_v not_o money_n enough_o or_o that_o it_o make_v not_o so_o swift_a a_o circuit_n as_o be_v desire_v to_o measure_v