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business_n be_v not_o only_o the_o easy_a but_o the_o safe_a way_n of_o execute_v a_o affair_n of_o such_o variety_n and_o consequence_n also_o i_o can_v state_n a_o method_n for_o the_o proceed_n of_o those_o private_a office_n their_o conjunction_n with_o and_o dependence_n on_o the_o general_n court_n of_o the_o director_n and_o how_o the_o various_a account_n shall_v centre_n in_o one_o general_n capital_a account_n of_o stock_n with_o regulation_n and_o appeal_n but_o i_o believe_v they_o to_o be_v needless_a at_o least_o in_o this_o place_n if_o it_o be_v object_v here_o that_o it_o be_v impossible_a for_o one_o joint_a stock_n to_o go_v through_o the_o whole_a business_n of_o the_o kingdom_n i_o answer_v i_o believe_v it_o be_v not_o either_o impossible_a or_o impracticable_a particular_o on_o this_o one_o account_n that_o almost_o all_o the_o country_n business_n will_v be_v manage_v by_o running-bill_n and_o those_o the_o long_a abroad_o of_o any_o their_o distance_n keep_v they_o out_o to_o the_o increase_v the_o credit_n and_o consequent_o the_o stock_n of_o the_o bank_n of_o the_o multiplicity_n of_o banks_n what_o be_v touch_v at_o in_o the_o forego_n part_n of_o this_o chapter_n refer_v to_o one_o bank-royal_a to_o preside_v as_o it_o be_v over_o the_o whole_a cash_n of_o the_o kingdom_n but_o because_o some_o people_n do_v suppose_v this_o work_n fit_a for_o many_o bank_n than_o for_o one_o i_o must_v a_o little_a consider_v that_o head_n and_o first_o allow_v those_o many_o bank_n can_v without_o clash_v maintain_v a_o constant_a correspondence_n with_o one_o another_o in_o pass_v each_o other_o bill_n as_o current_n from_o one_o to_o another_o i_o know_v not_o but_o it_o may_v be_v better_o perform_v by_o many_o than_o by_o one_o for_o as_o harmony_n make_v music_n in_o sound_n so_o it_o produce_v success_n in_o business_n a_o civil_a war_n among_o merchant_n be_v always_o the_o ruin_n of_o trade_n i_o can_v think_v a_o multitude_n of_o bank_n can_v so_o consist_v with_o one_o another_o in_o england_n as_o to_o join_v interest_n and_o uphold_v one_o another_o credit_n without_o join_v stock_n too_o i_o confess_v if_o it_o can_v be_v do_v the_o convenience_n to_o trade_n will_v be_v visible_a if_o i_o be_v to_o propose_v which_o way_n these_o bank_n shall_v be_v establish_v i_o answer_v allow_v a_o due_a regard_n to_o some_o gentleman_n who_o have_v have_v thought_n of_o the_o same_o who_o method_n i_o shall_v not_o so_o much_o as_o touch_v upon_o much_o less_o discover_v my_o thought_n run_v upon_o quite_o different_a method_n both_o for_o the_o fund_z and_o the_o establishment_n every_o principal_a town_n in_o england_n be_v a_o corporation_n upon_o which_o the_o fund_z may_v be_v settle_v which_o will_v sufficient_o answer_v the_o difficult_a and_o chargeable_a work_n of_o sue_v for_o a_o corporation_n by_o patent_n or_o act_n of_o parliament_n a_o general_a subscription_n of_o stock_n be_v make_v and_o by_o deed_n of_o settlement_n place_v in_o the_o mayor_n and_o alderman_n of_o the_o city_n or_o corporation_n for_o the_o time_n be_v in_o trust_n to_o be_v declare_v by_o deed_n of_o uses_n some_o of_o the_o director_n be_v always_o make_v member_n of_o the_o say_a corporation_n and_o join_v in_o the_o trust_n the_o bank_n hereby_o become_v the_o public_a stock_n of_o the_o town_n something_o like_o what_o they_o call_v the_o rent_n of_o the_o town-house_n in_o france_n and_o be_v manage_v in_o the_o name_n of_o the_o say_a corporation_n to_o who_o the_o director_n be_v accountable_a and_o they_o back_o again_o to_o the_o general_n court_n for_o example_n suppose_v the_o gentleman_n or_o tradesman_n of_o the_o county_n of_o norfolk_n by_o a_o subscription_n of_o cash_n design_n to_o establish_v a_o bank_n the_o subscription_n be_v make_v the_o stock_n be_v pay_v into_o the_o chamber_n of_o the_o city_n of_o norwich_n and_o manage_v by_o a_o court_n of_o director_n as_o all_o bank_n be_v and_o choose_v out_o of_o the_o subscriber_n the_o mayor_n only_o of_o the_o city_n to_o be_v always_o one_o to_o be_v manage_v in_o the_o name_n of_o the_o corporation_n of_o the_o city_n of_o norwich_n but_o for_o the_o use_v in_o a_o deed_n of_o trust_n to_o be_v make_v by_o the_o subscriber_n and_o mayor_n and_o alderman_n at_o large_a mention_v i_o make_v no_o question_n but_o a_o bank_n thus_o settle_v will_v have_v as_o firm_a a_o foundation_n as_o any_o bank_n need_v to_o have_v and_o every_o way_n answer_v the_o end_v of_o a_o corporation_n of_o these_o sort_n of_o banks_n england_n may_v very_o well_o establish_v fifteen_o at_o the_o several_a town_n hereafter_o mention_v some_o of_o which_o though_o they_o be_v not_o the_o capital_a town_n of_o the_o county_n yet_o be_v more_o the_o centre_n of_o trade_n which_o in_o england_n run_v in_o vein_n like_o mine_n of_o metal_n in_o the_o earth_n canterbury_n salisbury_n exeter_n bristol_n worcester_n shrewsbury_n manchester_n newcastle_n upon_o tyne_n leeds_n or_o halifax_n or_o york_n nottingham_n warwick_n or_o birmingham_n oxford_n or_o read_v bedford_n norwich_n colchester_n every_o one_o of_o these_o bank_n to_o have_v a_o cashier_n in_o london_n unless_o they_o can_v all_o have_v a_o general_a correspondence_n and_o credit_n with_o the_o bank-royal_a these_o bank_n in_o their_o respective_a county_n shall_v be_v a_o general_n staple_n and_o factory_a for_o the_o manufacture_n of_o the_o say_a county_n where_o every_o man_n that_o have_v good_n make_v may_v have_v money_n at_o a_o small_a interest_n for_o advance_v the_o good_n in_o the_o mean_a time_n be_v send_v forward_o to_o market_n to_o a_o warehouse_n for_o that_o purpose_n erect_v in_o london_n where_o they_o shall_v be_v dispose_v of_o to_o all_o the_o advantage_n the_o owner_n can_v expect_v pay_v only_o 1_o per_fw-la cent._n commission_n or_o if_o the_o maker_n want_v credit_n in_o london_n either_o for_o spanish_a wool_n cotton_n oil_n or_o any_o good_n while_o his_o good_n be_v in_o the_o warehouse_n of_o the_o say_a bank_n his_o bill_n shall_v be_v pay_v by_o the_o bank_n to_o the_o full_a value_n of_o his_o good_n or_o at_o least_o within_o a_o small_a matter_n these_o bank_n either_o by_o correspondence_n with_o each_o other_o or_o a_o order_n to_o their_o cashier_n in_o london_n may_v with_o ease_n so_o pass_v each_o other_o bill_n that_o a_o man_n who_o have_v cash_n at_o plymouth_n and_o want_v money_n at_o berwick_n may_v transfer_v his_o cash_n at_o plymouth_n to_o newcastle_n in_o half_a a_o hour_n time_n without_o either_o hazard_n or_o charge_v or_o time_n allow_v only_a ½_n per_fw-la cent._n exchange_n and_o so_o of_o all_o the_o most_o distant_a part_n of_o the_o kingdom_n or_o if_o he_o want_v money_n at_o newcastle_n and_o have_v good_n at_o worcester_n or_o at_o any_o other_o cloathing-town_n send_v his_o good_n to_o be_v sell_v by_o the_o factory_a of_o the_o bank_n of_o worcester_n he_o may_v remit_v by_o the_o bank_n to_o newcastle_n or_o any_o where_o else_o as_o ready_o as_o if_o his_o good_n be_v sell_v and_o pay_v for_o and_o no_o exaction_n make_v upon_o he_o for_o the_o convenience_n he_o enjoy_v this_o discourse_n of_o bank_n the_o reader_n be_v to_o understand_v to_o have_v no_o relation_n to_o the_o present_a posture_n of_o affair_n with_o respect_n to_o the_o scarcity_n of_o currant_n money_n which_o seem_v to_o have_v put_v a_o stop_n to_o that_o part_n of_o a_o stock_n we_o call_v credit_n which_o always_o be_v and_o indeed_o must_v be_v the_o most_o essential_a part_n of_o a_o bank_n and_o without_o which_o no_o bank_n can_v pretend_v to_o subsist_v at_o least_o to_o advantage_n a_o bank_n be_v only_o a_o great_a stock_n of_o money_n put_v together_o to_o be_v employ_v by_o some_o of_o the_o subscriber_n in_o the_o name_n of_o the_o rest_n for_o the_o benefit_n of_o the_o whole_a this_o stock_n of_o money_n subsist_v not_o bare_o on_o the_o profit_n of_o its_o own_o stock_n for_o that_o will_v be_v inconsiderable_a but_o upon_o the_o contingence_n and_o accident_n which_o multiplicity_n of_o business_n occasion_n as_o for_o instance_n a_o man_n that_o come_v for_o money_n and_o know_v he_o may_v have_v it_o tomorrow_n perhaps_o he_o be_v in_o haste_n and_o will_v take_v it_o to_o day_n only_o that_o he_o may_v be_v sure_a of_o it_o to_o morrow_n he_o take_v a_o memorandum_n under_o the_o hand_n of_o the_o officer_n that_o he_o shall_v have_v it_o whenever_o he_o call_v for_o it_o and_o this_o memorandum_n we_o call_v a_o bill_n to_o morrow_n when_o he_o intend_v to_o fetch_v his_o money_n come_v a_o man_n to_o he_o for_o money_n and_o to_o save_v himself_o the_o labour_n of_o tell_v he_o give_v he_o the_o memorandum_n or_o bill_n aforesaid_a for_o his_o money_n this_o second_o man_n do_v