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nation_n next_o year_n near_o as_o much_o in_o the_o recompense_n for_o clip_a money_n and_o encouragement_n for_o bring_v in_o the_o plate_n as_o the_o sum_n demand_v 5._o the_o exchequer_n have_v not_o borrow_v any_o money_n so_o cheap_a since_o the_o three_o objection_n that_o they_o be_v not_o able_a to_o raise_v the_o money_n upon_o the_o premium_fw-la they_o ask_v nor_o can_v they_o give_v any_o security_n to_o do_v it_o this_o objection_n justify_v they_o in_o ask_v the_o premium_fw-la refuse_v for_o it_o be_v very_o unjust_a to_o tax_v they_o for_o ask_v too_o much_o and_o yet_o to_o confess_v it_o be_v not_o enough_o to_o induce_v people_n to_o subscribe_v the_o money_n however_o i_o offer_v these_o reason_n that_o it_o will_v be_v subscribe_v 1._o they_o propose_v they_o may_v open_v their_o book_n for_o private_a subscription_n not_o doubt_v within_o three_o day_n they_o may_v bring_v hand_n for_o near_a the_o sum_n to_o be_v raise_v which_o be_v not_o think_v fit_a to_o be_v grant_v to_o they_o it_o be_v object_v it_o will_v be_v a_o disencouragement_n to_o the_o real_a subscription_n 2._o when_o they_o be_v send_v for_o to_o attend_v the_o lord_n justice_n and_o be_v ask_v what_o security_n they_o can_v give_v of_o raise_v the_o whole_a sum_n they_o answer_v that_o they_o compute_v the_o commissioner_n themselves_o and_o the_o member_n of_o exeter-exchange_n will_v subscribe_v 700000_o l._n that_o they_o believe_v they_o shall_v be_v able_a to_o bring_v in_o as_o much_o more_o by_o their_o interest_n and_o dequaintance_n and_o they_o think_v it_o reasonable_a to_o suppose_v the_o whole_a kingdom_n will_v subscribe_v the_o rest_n 3._o that_o they_o think_v the_o nature_n of_o the_o thing_n will_v admit_v of_o no_o other_o security_n than_o what_o they_o offer_v since_o it_o can_v not_o be_v expect_v that_o any_o number_n of_o person_n will_v enter_v into_o recognizance_n to_o raise_v the_o summ._n 4._o it_o be_v sole_o to_o their_o disadvantage_n if_o they_o do_v not_o subscribe_v to_o be_v a_o corporation_n since_o by_o the_o failure_n they_o will_v only_o entitle_v themselves_o to_o 7_o per_fw-la cent._n in_o the_o exchequer_n which_o no_o one_o will_v give_v 70_o l._n for_o and_o therefore_o it_o be_v to_o be_v presume_v they_o will_v take_v such_o care_n for_o their_o own_o sake_n as_o not_o to_o lose_v 30_o per_fw-la cent._n of_o their_o money_n which_o if_o they_o do_v not_o it_o will_v sole_o redound_v to_o the_o advantage_n of_o the_o projector_n of_o the_o exchequer-bank_n who_o will_v have_v the_o money_n that_o be_v subscribe_v to_o circulate_v their_o own_o bill_n 5._o when_o they_o become_v a_o corporation_n it_o can_v be_v doubt_v but_o the_o whole_a money_n will_v be_v quick_o subscribe_v since_o then_o the_o advantage_n of_o subscribe_v will_v be_v much_o great_a as_o i_o say_v before_o and_o it_o be_v not_o in_o the_o power_n of_o the_o commissioner_n to_o hinder_v any_o one_o from_o subscribe_v that_o thought_n it_o his_o interest_n but_o admit_v the_o subscription_n will_v have_v stop_v when_o they_o be_v qualify_v to_o be_v a_o corporation_n i_o believe_v most_o people_n be_v of_o opinion_n now_o that_o 1282000_o l._n will_v better_a serve_v his_o majesty_n occasion_n than_o nothing_o though_o the_o arithmetic_n of_o that_o time_n be_v that_o half_o be_v less_o than_o none_o the_o four_o objection_n be_v that_o they_o ruine_v the_o credit_n of_o the_o bank_n of_o england_n and_o here_o these_o worthy_a patriot_n make_v bold_a with_o the_o parliament_n and_o say_v they_o break_v their_o faith_n with_o they_o in_o set_v up_o another_o bank_n i_o answer_v 1._o there_o be_v no_o word_n in_o the_o act_n of_o parliament_n that_o direct_o or_o indirect_o exclude_v the_o parliament_n from_o set_v up_o another_o bank_n the_o act_n only_o incorporate_v a_o body_n of_o man_n to_o sue_v and_o be_v sue_v which_o if_o it_o shall_v amount_v to_o a_o prohibitory_a clause_n exclude_v king_n and_o parliament_n ever_o hereafter_o to_o grant_v a_o corporation_n since_o every_o corporation_n single_a person_n or_o number_n of_o person_n in_o england_n may_v lawful_o do_v what_o these_o gentleman_n pretend_v to_o have_v the_o monopoly_n of_o 2._o the_o land-bank_n be_v exclude_v from_o discount_v bill_n of_o exchange_n lend_v money_n upon_o pawn_n deal_v in_o bullion_n etc._n etc._n and_o every_o thing_n else_o but_o lend_v upon_o land_n and_o to_o the_o government_n and_o therefore_o can_v possible_o be_v no_o disadvantage_n to_o the_o bank_n of_o england_n who_o do_v not_o pretend_v to_o lend_v upon_o land_n 3._o if_o the_o other_o bank_n have_v take_v effect_n it_o be_v probable_a the_o bank_n of_o england_n will_v have_v have_v more_o cash_n leave_v with_o they_o than_o before_o since_o it_o will_v have_v be_v the_o interest_n of_o both_o bank_n to_o have_v agree_v and_o then_o without_o doubt_n they_o may_v have_v divide_v the_o goldsmith_n profit_n between_o they_o and_o so_o each_o bank_n have_v more_o deposits_n than_o the_o bank_n of_o england_n have_v before_o 4._o if_o the_o set_n up_o a_o land-bank_n will_v be_v a_o disadvantage_n to_o the_o bank_n of_o england_n it_o be_v no_o injustice_n to_o establish_v they_o since_o the_o parliament_n give_v no_o warrant_n to_o the_o contrary_a and_o their_o bargain_n be_v great_a enough_o notwithstanding_o and_o great_a than_o they_o think_v be_v fit_a to_o be_v grant_v to_o the_o land-bank_n who_o be_v to_o raise_v more_o than_o double_a the_o sum_n in_o less_o time_n when_o the_o difficulty_n be_v great_a and_o the_o coin_n better_o they_o have_v but_o 7_o l._n per_fw-la cent._n exclude_v from_o many_o advantage_n the_o bank_n of_o england_n have_v and_o be_v oblige_v beside_o to_o lend_v 500000_o l._n per_fw-la annum_fw-la at_o 3_o l._n 10_o s._n 0_o d._n per_fw-la cent._n interest_n 5._o if_o the_o establish_n the_o land-bank_n do_v increase_v the_o demand_n upon_o the_o bank_n of_o england_n it_o be_v cause_v by_o the_o unreasonable_a opposition_n they_o give_v to_o it_o which_o fail_v of_o the_o effect_v they_o propose_v give_v they_o that_o disreputation_n that_o always_o attend_v those_o that_o be_v overcome_v for_o the_o world_n have_v reason_n to_o believe_v they_o understand_v their_o own_o interest_n best_a and_o when_o they_o seem_v to_o wind_v up_o their_o whole_a happiness_n in_o defeat_v the_o land-bank_n and_o miscarry_v it_o be_v not_o to_o be_v wonder_v if_o other_o people_n think_v their_o condition_n to_o be_v worse_o than_o it_o be_v that_o the_o covetousness_n and_o want_n of_o understanding_n of_o the_o bank_n of_o england_n be_v the_o occasion_n of_o their_o loss_n of_o credit_n to_o prove_v which_o i_o shall_v show_v 1._o that_o they_o leave_v undo_v those_o thing_n which_o they_o ought_v to_o do_v 2._o they_o have_v do_v those_o thing_n which_o they_o ought_v not_o to_o do_v 1._o to_o the_o first_o they_o ought_v to_o have_v foresee_v that_o after_o the_o four_o of_o may_v the_o demand_n upon_o they_o will_v be_v great_a than_o before_o for_o admit_v the_o world_n have_v as_o good_a a_o opinion_n of_o their_o credit_n as_o ever_o yet_o the_o necessity_n of_o people_n must_v call_v upon_o they_o for_o money_n for_o the_o whole_a silver_n species_n of_o england_n be_v sink_v in_o a_o day_n they_o may_v be_v assure_v all_o people_n will_v want_v money_n for_o their_o ordinary_a occasion_n and_o whatever_o opinion_n they_o have_v of_o their_o security_n will_v call_v for_o it_o when_o they_o have_v demand_n and_o therefore_o they_o ought_v to_o have_v make_v provision_n to_o answer_v they_o 2._o they_o shall_v have_v call_v in_o as_o many_o of_o their_o bill_n as_o they_o can_v whereas_o they_o issue_v out_o bill_n till_o the_o four_o of_o may_n and_o how_o many_o since_o they_o stop_v their_o payment_n be_v best_a