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farmer_n be_v estate_n as_o be_v daily_o see_v and_o it_o be_v the_o land_n pay_v the_o great_a tax_n and_o be_v the_o principal_a support_n of_o the_o government_n in_o war_n time_n therefore_o the_o landlord_n ought_v above_o all_o other_o as_o lord_n of_o the_o soil_n to_o have_v the_o benefit_n of_o subscribe_v neither_o can_v all_o land_a man_n be_v admit_v for_o the_o same_o reason_n that_o all_o merchant_n can_v be_v in_o the_o east-india_n company_n and_o all_o prince_n be_v not_o king_n there_o be_v good_a fortune_n in_o the_o case_n but_o yet_o all_o will_v be_v much_o the_o better_a for_o those_o that_o do_v subscribe_v as_o the_o whole_a nation_n for_o the_o few_o importer_n of_o bullion_n it_o be_v never_o hear_v that_o any_o nation_n have_v too_o much_o money_n because_o the_o trade_n and_o occasion_n likewise_o increase_v with_o the_o money_n and_o will_v do_v so_o long_o as_o the_o world_n still_o afford_v something_o to_o be_v desire_v but_o the_o scarcity_n of_o 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of_o a_o bank_n already_o of_o good_a and_o lawful_a money_n and_o therefore_o this_o may_v never_o pass_v ansâ—_n there_o may_v be_v more_o of_o humour_n than_o reason_n in_o this_o objection_n for_o if_o you_o can_v say_v it_o be_v a_o cheat_n and_o man_n will_v lose_v by_o it_o in_o the_o end_n or_o it_o be_v nonsense_n and_o show_v wherein_o it_o be_v so_o you_o will_v quick_o do_v it_o and_o for_o that_o reason_n reject_v it_o but_o if_o by_o this_o project_n the_o people_n will_v be_v enable_v to_o increase_v in_o trade_n continue_v great_a tax_n and_o the_o king_n enable_v to_o build_v 3_o or_o 400_o defensible_a ship_n more_o than_o any_o of_o his_o neighbour_n and_o every_o body_n both_o abroad_o and_o at_o home_o satisfy_v for_o their_o good_n where_o or_o how_o can_v any_o disgrace_n arise_v to_o the_o nation_n or_o any_o man_n therein_o and_o who_o shall_v say_v to_o our_o fleet_n what_o do_v you_o it_o be_v the_o land-security_n that_o make_v the_o brass_n of_o value_n as_o it_o do_v a_o mortgage_n which_o be_v but_o a_o skin_n of_o parchment_n as_o for_o the_o intrinsic_a value_n of_o money_n there_o be_v none_o in_o proportion_n for_o this_o reason_n because_o so_o much_o clip_v and_o counterfeit_v though_o by_o the_o law_n it_o be_v neither_o to_o be_v clip_v break_v expote_v or_o melt_v into_o vessel_n but_o so_o to_o be_v keep_v in_o that_o form_n it_o be_v make_v to_o pass_v in_o exchange_n for_o good_n for_o all_o man_n convenient_a use_n and_o satisfaction_n and_o since_o it_o be_v not_o so_o the_o good_n we_o purchase_v with_o that_o money_n be_v of_o far_o more_o intrinsic_a value_n beside_o that_o it_o feed_v and_o clothes_n we_o and_o answer_v all_o our_o necessity_n which_o money_n can_v do_v be_v of_o no_o other_o use_n than_o to_o exchange_v for_o clothes_n victual_n and_o other_o necessarys_n and_o why_o may_v not_o a_o brass_n ticket_n perform_v this_o office_n be_v so_o secure_v by_o land_n as_o well_o as_o gold_n or_o silver_n 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that_o property_n have_v be_v over_o sacred_a here_o more_o than_o elsewhere_o in_o christendom_n notwithstanding_o all_o our_o revolution_n and_o that_o nothing_o but_o a_o conquest_n which_o ruin_v all_o can_v affect_v this_o foundation_n may_v not_o the_o oeconomy_n of_o the_o treasury_n be_v change_v by_o a_o prince_n and_o officer_n put_v in_o not_o name_v in_o the_o act_n nor_o yet_o know_v to_o parliament_n what_o become_v then_o of_o the_o act_n methinks_v when_o we_o have_v see_v exchequer_n shut_v up_o and_o king_n charles_n the_o 2d_n will_n about_o the_o excise_n and_o many_o other_o act_n of_o parliament_n elude_v and_o evade_v if_o not_o open_o infringe_v we_o shall_v not_o be_v over_o confident_a that_o a_o public_a revenue_n can_v fail_v but_o for_o once_o we_o will_v suppose_v it_o good_a yet_o i_o can_v find_v it_o the_o best_a and_o high_a property_n in_o england_n and_o shall_v be_v glad_a to_o see_v the_o many_o reason_n for_o it_o he_o mention_n nor_o have_v 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land_n and_o then_o it_o be_v either_o the_o doctor_n be_v office_n of_o credit_n or_o land-bank_n if_o by_o nothing_o their_o creditor_n have_v a_o fine_a time_n of_o it_o he_o go_v on_o and_o tell_v the_o people_n they_o be_v a_o company_n of_o child_n and_o fool_n without_o understanding_n and_o be_v to_o be_v wheedle_v and_o entice_v to_o their_o own_o good_a and_o that_o there_o be_v no_o hope_n of_o bring_v they_o to_o it_o by_o rational_a conviction_n which_o be_v but_o a_o course_n compliment_n then_o he_o run_v forward_o so_o fierce_o against_o sense_n and_o truth_n like_o the_o parson_n in_o his_o pulpit_n against_o satan_n and_o antichrist_n who_o the_o clock_n can_v not_o stop_v that_o no_o reason_n demonstration_n or_o conviction_n can_v stop_v this_o powerful_a author_n who_o after_o his_o usual_a fashion_n say_v that_o the_o promoter_n of_o the_o lombard_n bank_n do_v cry_v down_o the_o use_n of_o gold_n and_o silver_n and_o affirm_v that_o stamp_n and_o denomination_n give_v money_n the_o value_n i_o dare_v challenge_v he_o to_o show_v one_o line_n to_o this_o purpose_n if_o there_o be_v one_o line_n it_o must_v be_v lapsus_fw-la pennae_fw-la for_o there_o be_v above_o 20_o place_n in_o all_o the_o paper_n print_v first_o and_o last_o by_o they_o maintain_v the_o contrary_n now_o if_o this_o author_n be_v detect_v of_o so_o many_o untruth_n in_o the_o begin_n of_o his_o book_n what_o credit_n can_v be_v give_v to_o the_o rest_n for_o it_o be_v always_o express_v that_o stamp_n and_o denomination_n only_a mark_n and_o name_n the_o value_n but_o give_v none_o and_o that_o trade_n can_v be_v manage_v by_o good_a credit_n as_o well_o as_o with_o gold_n and_o silver_n and_o that_o the_o chief_a use_n of_o gold_n and_o silver_n will_v be_v then_o for_o sum_n under_o five_o pound_n as_o a_o inferior_a species_n of_o money_n to_o credit_n to_o prevent_v score_n and_o book-account_n and_o whoever_o look_v narrow_o into_o the_o nature_n and_o property_n of_o money_n of_o gold_n and_o silver_n will_v find_v many_o thing_n beside_o may_v be_v make_v as_o useful_a for_o money_n and_o in_o some_o place_n more_o useful_a than_o gold_n and_o silver_n as_o he_o confess_v p._n 25._o and_o 15._o to_o run_v counter_a to_o mankind_n if_o it_o be_v true_a as_o he_o say_v we_o do_v be_v neither_o strange_a nor_o ill_a for_o do_v not_o philosophy_n and_o anatomy_n nay_o even_o christianity_n itself_o at_o first_o run_v counter_a to_o mankind_n and_o of_o late_a year_n and_o here_o at_o home_n be_v not_o excise_n and_o bank_n counter_a to_o our_o english_a humour_n and_o many_o other_o thing_n i_o can_v name_v and_o yet_o do_v they_o not_o grow_v or_o be_v they_o not_o come_v into_o use_n and_o credit_n may_v it_o not_o therefore_o be_v possible_a for_o some_o to_o see_v before_o the_o rest_n of_o mankind_n he_o come_v next_o to_o a_o hard_a word_n anticipate_v age_n i_o will_v fain_o know_v how_o age_n be_v anticipate_v more_o by_o a_o term_n of_o a_o hundred_o year_n than_o by_o a_o perpetuity_n as_o in_o the_o late_a act_n and_o whether_o if_o the_o money_n be_v not_o pay_v at_o the_o 11_o year_n end_v the_o bank_n can_v go_v on_o another_o 11_o year_n upon_o the_o same_o security_n and_o so_o from_o time_n to_o time_n till_o above_o 100_o year_n shall_v be_v pass_v and_o whether_o man_n do_v not_o daily_o make_v purchase_n for_o ever_o but_o that_o which_o i_o suppose_v the_o immercurial_a head_n mean_v if_o he_o can_v speak_v be_v that_o he_o can_v conceive_v how_o a_o estate_n can_v answer_v a_o hundred_o year_n revenue_n when_o it_o will_v sell_v but_o for_o 20._o i_o will_v fain_o ask_v he_o whether_o the_o purchaser_n do_v not_o expect_v in_o process_n of_o time_n to_o draw_v many_o year_n more_o than_o a_o hundred_o year_n revenue_n to_o himself_o and_o his_o heir_n and_o whether_o the_o reason_n why_o man_n give_v common_o in_o england_n but_o 20_o year_n purchase_v be_v not_o because_o it_o answer_v the_o interest_n of_o 5_o per_fw-la cent_n which_o the_o purchaser_n expect_v when_o he_o lay_v out_o his_o money_n which_o he_o take_v to_o be_v secure_v by_o the_o land_n as_o his_o interest_n be_v by_o the_o rent_n and_o if_o interest_n be_v low_a will_v not_o the_o purchase_n of_o land_n cost_v more_o year_n and_o if_o high_a few_o year_n so_o that_o it_o be_v not_o because_o land_n be_v worth_a no_o more_o than_o 20_o year_n that_o it_o sell_v for_o no_o more_o but_o because_o man_n will_v not_o part_v with_o their_o money_n for_o land_n for_o much_o less_o than_o it_o will_v yield_v at_o interest_n so_o that_o if_o man_n must_v part_v with_o their_o land_n for_o money_n they_o must_v pay_v the_o price_n of_o
money_n and_o if_o man_n want_v no_o money_n or_o can_v not_o purchase_v again_o for_o less_o no_o wise_a man_n will_v part_v with_o his_o land_n for_o above_o a_o hundred_o year_n purchase_n he_o be_v angry_a that_o it_o be_v propose_v in_o the_o land-bank_n to_o have_v the_o credit_v impose_v in_o payment_n his_o anger_n may_v have_v be_v just_a if_o he_o have_v live_v in_o any_o country_n where_o there_o be_v no_o manner_n of_o imposition_n what_o do_v he_o think_v beside_o the_o light_n poors_z rate_v all_o tax_n and_o many_o more_o of_o impose_v the_o tonnage_n for_o his_o bank_n and_o a_o sort_n of_o impose_v his_o very_a bank_n on_o the_o people_n if_o nothing_o ought_v to_o be_v impose_v what_o become_v of_o his_o bank_n if_o something_o may_v what_o and_o for_o what_o reason_n be_v it_o not_o answer_v for_o the_o public_a good_a though_o there_o be_v a_o particular_a loss_n why_o may_v not_o the_o ticket_n of_o credit_n in_o the_o land-bank_n be_v then_o impose_v when_o it_o can_v be_v easy_o prove_v never_o be_v there_o any_o thing_n so_o much_o for_o the_o public_a good_a without_o the_o least_o present_a or_o future_a hurt_a or_o damage_n to_o any_o and_o therefore_o it_o be_v not_o so_o wonderful_a that_o for_o so_o great_a a_o good_a a_o act_n of_o parliament_n shall_v be_v endeavour_v for_o but_o why_o shall_v that_o be_v more_o criminal_a in_o the_o doctor_n than_o in_o my_o author_n have_v not_o his_o bank_n want_v a_o act_n of_o parliament_n and_o it_o be_v well_o if_o it_o will_v serve_v his_o turn_n and_o be_v sufficient_a without_o a_o supplement_n to_o support_v the_o credit_n of_o all_o my_o author_n and_o his_o companion_n here_o confess_v and_o imply_v they_o will_v put_v upon_o it_o it_o be_v very_o true_a there_o be_v different_a geniu_n among_o our_o countryman_n some_o that_o will_v not_o understand_v and_o some_o that_o can_v some_o mercurial_a head_n and_o some_o block_n head_n but_o notwithstanding_o there_o have_v nothing_o be_v hitherto_o write_v upon_o the_o land-bank_n that_o can_v be_v make_v in_o a_o hour_n time_n very_o intelligible_a to_o a_o very_a in_o different_a understanding_n in_o the_o four_o paragraph_n p._n 3._o there_o be_v little_a deserve_v notice_n but_o that_o he_o severe_o chide_v the_o house_n of_o commons_o for_o find_v no_o better_a way_n to_o supply_v the_o government_n than_o with_o double_a and_o treble_a interest_n and_o that_o he_o be_v sensible_a good_a thing_n as_o this_o bank_n may_v be_v think_v scandalous_a at_o one_o time_n which_o may_v be_v judge_v honourable_a at_o another_o and_o that_o the_o evil_a consequence_n of_o high_a interest_n be_v to_o draw_v the_o money_n out_o of_o trade_n and_o improvement_n but_o he_o do_v not_o consider_v that_o this_o will_v have_v be_v but_o a_o short-lived_a mischief_n if_o the_o money_n have_v still_o remain_v in_o the_o nation_n nor_o do_v he_o show_v how_o his_o bank_n will_v remedy_v this_o his_o five_o paragraph_n p._n 4._o mention_n a_o intend_a remedy_n to_o the_o say_v evil_a which_o i_o think_v will_v hardly_o have_v prove_v so_o and_o then_o he_o seem_v to_o allow_v the_o possibility_n of_o unite_n a_o bank_n and_o lombard_n together_o and_o that_o a_o good_a part_n of_o the_o effect_n of_o the_o nation_n may_v thereby_o have_v be_v make_v serviceable_a to_o trade_n and_o business_n p._n 2.15_o and_o will_v of_o course_n have_v lower_v interest_n how_o this_o can_v have_v be_v without_o pass_a credit_n upon_o the_o effect_n i_o can_v tell_v and_o if_o it_o do_v how_o it_o differ_v from_o the_o doctor_n be_v pass_v my_o shallow_a understanding_n he_o fall_v here_o upon_o currency_n and_o explain_v it_o below_o to_o be_v coercion_n which_o he_o say_v will_v turn_v any_o one_o stomach_n do_v the_o light_n in_o the_o winter_n to_o 12_o at_o night_n turn_v any_o man_n stomach_n and_o many_o other_o imposition_n why_o shall_v this_o but_o i_o will_v fain_o ask_v this_o question_n be_v it_o the_o wife_n or_o the_o fool_n take_v bill_n of_o credit_n upon_o the_o exchange_n for_o money_n or_o both_o the_o wise_a i_o think_v first_o and_o the_o fool_n follow_v what_o hurt_n can_v there_o be_v then_o for_o the_o parliament_n to_o impose_v what_o wise_a man_n voluntary_o choose_v if_o any_o can_v suffer_v by_o such_o a_o imposition_n i_o conjure_v he_o to_o show_v how_o force_v of_o a_o good_a upon_o the_o subject_a by_o a_o lawful_a authority_n be_v the_o duty_n as_o well_o as_o interest_n of_o the_o government_n and_o none_o but_o fool_n and_o knave_n can_v be_v sick_a of_o such_o a_o force_n who_o be_v daily_o ready_a to_o swallow_v a_o great_a if_o they_o can_v find_v a_o exemption_n or_o private_a advantage_n though_o the_o whole_a nation_n rue_v for_o it_o the_o six_o paragraph_n p._n 5._o insinuate_v wheedle_n and_o cheat_n to_o be_v the_o best_a mean_n to_o prevail_v upon_o the_o english_a weak_a understanding_n and_o allow_v that_o thing_n may_v be_v very_o good_a though_o not_o yet_o understand_v methinks_v this_o may_v have_v stop_v his_o career_n of_o censure_v till_o he_o be_v sure_a he_o have_v be_v in_o the_o right_a and_o then_o he_o proceed_v that_o the_o government_n who_o ought_v to_o understand_v it_o because_o it_o be_v suppose_v so_o good_a can_v not_o whence_o i_o conclude_v thing_n may_v sometime_o be_v very_o good_a though_o the_o government_n may_v not_o at_o first_o apprehend_v they_o so_o he_o end_v this_o paragraph_n with_o a_o flattery_n to_o his_o bank_n but_o give_v no_o reason_n for_o it_o the_o seven_o paragraph_n p._n 6._o end_n with_o this_o pleasant_a expression_n that_o it_o be_v find_v convenient_a to_o put_v it_o to_o a_o hazard_n and_o to_o expose_v so_o much_o of_o the_o nature_n of_o the_o thing_n and_o its_o constitution_n as_o be_v needful_a to_o have_v it_o espouse_v in_o parliament_n i_o think_v there_o be_v a_o snake_n in_o the_o grass_n there_o be_v something_o more_o than_o be_v fit_a to_o acquaint_v the_o house_n with_o all_o the_o rest_n of_o this_o paragraph_n be_v a_o impertinent_a discourse_n this_o eight_o paragraph_n p._n 7._o talk_v of_o hobgoblin_n and_o tell_v we_o they_o beget_v objection_n which_o be_v never_o like_a to_o be_v answer_v and_o i_o believe_v he_o be_v much_o in_o the_o right_n of_o it_o unless_o it_o be_v by_o practice_n which_o i_o confess_v answer_n objection_n much_o soon_o and_o more_o convince_o then_o discourse_n can_v but_o i_o be_o afraid_a these_o objection_n will_v be_v hardly_o well_o remove_v by_o the_o practice_n of_o his_o bank_n the_o nine_o paragraph_n p._n 7._o bring_v on_o the_o first_o objection_n which_o possible_o may_v not_o prove_v true_a but_o i_o be_o sure_a the_o reason_n give_v for_o it_o be_v true_a the_o money_v man_n be_v timorous_a and_o comply_a and_o therefore_o very_a well_o deserve_v his_o answer_n the_o ten_o paragraph_n p._n 8._o bring_v up_o the_o second_o objection_n which_o be_v also_o true_a for_o the_o bank_n under_o monarchy_n of_o lion_n and_o florence_n as_o i_o take_v it_o can_v not_o continue_v though_o those_o of_o amsterdam_n and_o hamburgh_n under_o republic_n still_o flourish_v and_o it_o will_v be_v a_o service_n also_o to_o the_o public_a to_o answer_v this_o objection_n well_o the_o eleven_o paragraph_n p._n 8._o make_v in_o the_o three_o objection_n some_o discovery_n of_o their_o intention_n to_o pass_v credit_n upon_o land_n and_o if_o so_o it_o may_v raise_v the_o value_n of_o it_o and_o that_o be_v no_o great_a hurt_n if_o it_o do_v but_o wherein_o then_o do_v this_o differ_v from_o the_o doctor_n be_v but_o as_o minus_fw-la &_o majus_fw-la the_o less_o and_o the_o great_a the_o twelve_o p._n 9_o name_n the_o four_o objection_n which_o be_v contrary_a to_o the_o three_o that_o all_o money_n will_v run_v into_o trade_n and_o abate_v the_o value_n of_o land_n but_o they_o do_v not_o consider_v that_o purchase_v be_v trade_n and_o let_v it_o run_v where_o it_o will_v if_o it_o run_v not_o out_o of_o the_o nation_n and_o but_o fast_o enough_o both_o trade_n and_o land_n will_v partake_v of_o the_o benefit_n but_o i_o will_v fain_o have_v my_o author_n answer_v these_o objection_n in_o defence_n of_o his_o bank_n he_o must_v either_o grant_v the_o objection_n and_o submit_v or_o deny_v they_o and_o then_o he_o may_v possible_o incur_v some_o other_o hazard_n incidit_fw-la in_o scyllam_fw-la qui_fw-la vult_fw-la vitare_fw-la charybdin_n i_o can_v see_v how_o and_o where_o he_o prove_v this_o bank_n to_o be_v the_o best_a security_n in_o europe_n or_o any_o thing_n better_o than_o the_o banker_n it_o may_v probable_o be_v worse_o than_o they_o methinks_v he_o come_v but_o shameful_o off_o in_o the_o thirteen_o paragraph_n p._n 9_o in_o give_v no_o reply_n to_o the_o objection_n
if_o he_o venture_v any_o far_o again_o if_o the_o bank_n shall_v thrive_v it_o be_v reasonable_a to_o suppose_v that_o money_n will_v be_v as_o well_o lodge_v with_o they_o as_o former_o with_o the_o banker_n and_o if_o then_o three_o million_o more_o or_o less_o shall_v be_v bring_v into_o this_o bank_n for_o which_o bill_n be_v give_v as_o the_o banker_n do_v of_o which_o less_o than_o one_o million_o will_n very_o well_o serve_v as_o a_o run_a cash_n to_o circulate_v all_o the_o rest_n may_v not_o then_o the_o manager_n have_v so_o great_a a_o trust_n and_o power_n repose_v in_o their_o hand_n by_o the_o nation_n the_o charter_n and_o their_o own_o member_n mismanage_n or_o withdraw_v beyond_o sea_n with_o two_o million_o or_o more_o of_o the_o say_a treasure_n especial_o if_o many_o foreigner_n be_v concern_v in_o it_o leave_v their_o fellow-member_n little_a or_o nothing_o beside_o cause_n to_o repent_v their_o credulity_n and_o ill_a luck_n which_o have_v subject_v they_o to_o so_o many_o vexatious_a suit_n as_o they_o can_v avoid_v three_o that_o notwithstanding_o the_o prohibition_n against_o trading_n it_o be_v impossible_a to_o prevent_v the_o manager_n if_o they_o have_v a_o mind_n to_o it_o from_o engross_a what_o commodity_n they_o please_v and_o from_o raise_v and_o sink_v the_o value_n of_o auction_n in_o all_o company_n and_o practise_v all_o the_o mischief_n of_o monopoly_n and_o govern_v and_o ruine_v trade_n as_o they_o please_v under_o fictitious_a name_n and_o by_o furnish_v money_n or_o credit_n underhand_o where_o they_o find_v their_o advantage_n and_o last_o be_v it_o impossible_a for_o this_o bank_n to_o be_v ruin_v by_o a_o quo_fw-la warranto_fw-la when_o reason_n of_o state_n may_v seem_v to_o require_v it_o these_o remark_n be_v take_v notice_n of_o by_o a_o well-willer_n to_o the_o english_a nation_n only_o to_o put_v they_o in_o mind_n how_o necessary_a it_o be_v to_o provide_v against_o all_o these_o inconvenience_n before_o it_o be_v too_o late_a and_o if_o such_o as_o be_v near_o concern_v can_v among_o themselves_o contrive_v expedient_n it_o be_v their_o true_a interest_n to_o inquire_v after_o such_o as_o may_v it_o be_v only_o as_o it_o be_v fit_a to_o encourage_v the_o trade_n of_o stock-jobbing_a there_o be_v no_o check_n upon_o the_o manager_n but_o their_o interest_n which_o by_o several_a be_v various_o understand_v and_o but_o few_o understand_v it_o right_o and_o it_o be_v apparent_a the_o gentleman_n who_o promote_v this_o bank_n have_v mistake_v they_o in_o the_o first_o step_n there_o can_v therefore_o be_v little_a hope_n they_o will_v find_v it_o in_o their_o progress_n a_o easy_a method_n to_o enrich_v the_o people_n by_o raise_v so_o many_o million_o of_o money_n as_o the_o parliament_n please_v without_o tax_n borrow_v or_o drain_n the_o subject_n purse_n like_o the_o million_o lottery_n and_o tonnage_n act_n or_o clog_a the_o king_n revenue_n or_o the_o content_n of_o a_o bill_n demonstrate_v dr._n chamberlyn_n proposal_n to_o be_v both_o profitable_a and_o practicable_a as_o it_o be_v report_v by_o a_o committee_n and_o publish_v in_o mondays_n vote_n the_o 5_o of_o feb._n 1693._o write_a during_o the_o last_o session_n of_o parliament_n by_o a_o wellwisher_n to_o the_o king_n and_o country_n whereas_o the_o use_n of_o banks_n have_v always_o prove_v very_o beneficial_a to_o a_o trade_n country_n and_o the_o only_a obstacle_n which_o have_v hitherto_o hinder_v their_o settlement_n in_o england_n have_v be_v the_o jealousy_n of_o trader_n unwilling_a to_o hazard_v their_o treasure_n in_o a_o bank_n or_o repository_n that_o be_v under_o the_o power_n of_o any_o sovereign_a prince_n and_o whereas_o it_o be_v well_o know_v that_o bank-credit_n and_o bill_n of_o exchange_n perform_v the_o office_n of_o money_n and_o make_v payment_n with_o better_a satisfaction_n than_o money_n pay_v debt_n and_o discharge_v mortgage_n as_o well_o as_o if_o the_o full_a sum_n of_o money_n have_v be_v count_v out_o for_o it_o ease_v the_o trouble_n of_o tell_v and_o take_v away_o the_o fear_n of_o receive_v bad_a and_o counterfeit_a coin_n and_o especial_o whereas_o there_o have_v be_v so_o many_o and_o great_a tax_n draw_v from_o the_o nation_n and_o much_o ready_a money_n export_v to_o pay_v the_o army_n abroad_o and_o no_o return_n make_v nor_o any_o new_a coin_v for_o the_o people_n to_o exchange_v for_o good_n and_o pay_v their_o debt_n which_o have_v occasion_v a_o multitude_n of_o difference_n and_o inconvenience_n to_o the_o decay_n and_o lessen_v of_o trade_n which_o even_o the_o king_n himself_o be_v please_v to_o observe_v to_o the_o parliament_n in_o his_o speech_n so_o that_o it_o be_v at_o present_a impossible_a to_o set_v up_o and_o carry_v on_o a_o royal_a fishery_n or_o other_o great_a and_o public_a undertake_n which_o will_v be_v of_o great_a advantage_n to_o the_o promote_a of_o trade_n multiply_v of_o seaman_n and_o increase_v of_o ship_n all_o absolute_o necessary_a both_o for_o our_o defence_n and_o support_n and_o last_o whereas_o there_o be_v now_o invent_v a_o excellent_a way_n to_o erect_v here_o in_o england_n a_o bank_n upon_o land_n security_n not_o in_o the_o least_o subject_n to_o the_o foresay_a hazard_n under_o a_o monarchy_n and_o yet_o more_o effectual_o answer_v all_o the_o end_n use_n and_o advantage_n of_o bank_n than_o it_o be_v possible_a for_o any_o money_n bank_n in_o as_o much_o as_o land_n be_v a_o safe_a security_n than_o money_n and_o small_a sum_n be_v more_o general_o necessary_a than_o great_a and_o the_o delivery_n of_o ticket_n bill_n or_o tally_n more_o convenient_a than_o transfer_v credit_n in_o a_o bank-book_n it_o be_v humble_o propose_v that_o for_o remedy_n of_o all_o the_o foresay_a inconvenience_n supply_v the_o great_a scarcity_n of_o money_n promote_a trade_n employ_v the_o poor_a ease_v the_o subject_a of_o some_o tax_n pay_v public_a and_o private_a debt_n establish_v a_o 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than_o nothing_o 3._o but_o if_o necessary_a these_o ticket_n may_v be_v make_v as_o current_n abroad_o as_o gold_n or_o silver_n object_n that_o a_o 100_o year_n be_v too_o long_o for_o these_o ticket_n of_o credit_n to_o pass_v answ_n the_o parliament_n have_v grant_v a_o perpetuity_n in_o the_o tonnage_n act_n which_o be_v much_o long_o and_o annuity_n on_o the_o king_n revenue_n for_o 99_o year_n if_o three_o life_n do_v so_o long_o live_v and_o that_o be_v but_o one_o year_n less_o and_o if_o the_o use_n of_o these_o ticket_n may_v be_v think_v convenient_a to_o be_v dispense_v withal_o for_o two_o or_o three_o year_n for_o a_o present_a shift_n or_o necessity_n why_o not_o for_o 100_o year_n since_o the_o same_o security_n be_v continue_v to_o the_o end_n of_o the_o term_n to_o make_v they_o always_o valuable_a object_n that_o the_o parliament_n may_v be_v unwilling_a to_o impose_v these_o ticket_n on_o the_o people_n answ_n none_o needs_o to_o be_v offend_v at_o such_o a_o 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public_a good_a and_o if_o this_o be_v such_o it_o ought_v to_o be_v impose_v for_o that_o it_o be_v much_o better_a to_o impose_v money_n or_o a_o equivalent_a into_o the_o purse_n than_o take_v it_o out_o as_o all_o tax_n do_v object_n that_o the_o commissioner_n may_v give_v out_o more_o ticket_n of_o credit_n than_o there_o be_v estate_n settle_v to_o buy_v off_o and_o then_o the_o bank_n will_v be_v ruin_v or_o break_v and_o the_o people_n will_v lose_v by_o they_o at_o last_o answ_n that_o not_o only_o the_o account_n of_o the_o ticket_n in_o print_n will_v hinder_v their_o so_o do_v but_o they_o be_v to_o be_v accountable_a to_o the_o parliament_n for_o the_o same_o neither_o be_v it_o like_o a_o moneyed_a bank_n where_o the_o subscriber_n in_o a_o humour_n or_o through_o fear_n may_v draw_v out_o all_o their_o money_n to_o the_o ruin_n of_o the_o bank_n as_o the_o condition_n the_o banker_a goldsmith_n be_v in_o when_o their_o creditor_n draw_v out_o all_o their_o money_n at_o the_o shut_n up_o of_o the_o exchequer_n object_n that_o the_o king_n by_o this_o method_n may_v be_v furnish_v at_o any_o time_n without_o a_o parliament_n or_o may_v seize_v on_o the_o bank_n as_o king_n charles_n do_v on_o the_o money_n in_o the_o exchequer_n to_o the_o ruin_n of_o many_o hundred_o answ_n not_o in_o the_o least_o for_o the_o ticket_n will_v be_v all_o dispose_v of_o to_o the_o subscriber_n and_o to_o the_o great_a charge_n of_o the_o undertake_n except_o four_o million_o if_o the_o parliament_n please_v to_o give_v to_o the_o king_n in_o the_o room_n of_o another_o tax_n raise_v a_o worse_a way_n but_o more_o can_v be_v raise_v this_o way_n without_o new_a act_n of_o parliament_n beside_o what_o money_n be_v give_v the_o king_n be_v pay_v into_o the_o exchequer_n which_o be_v under_o his_o own_o command_n but_o this_o bank_n will_v be_v keep_v in_o a_o office_n distinct_a from_o that_o so_o that_o the_o king_n can_v no_o more_o seize_v it_o than_o the_o money_n in_o the_o turkey_n or_o east-india_n company_n neither_o will_v there_o be_v any_o for_o he_o to_o seize_v for_o the_o stock_n be_v lay_v out_o in_o land_n ware_n and_o convenience_n for_o trade_n land_n be_v the_o fund_z here_o and_o money_n not_o nor_o credit_n object_n that_o a_o change_n of_o government_n will_v make_v void_a these_o ticket_n answ_n that_o will_v be_v nothing_o near_o so_o likely_a as_o that_o the_o lottery_n and_o million_o act_n may_v then_o be_v make_v void_a and_o yet_o the_o people_n plentiful_o venture_v upon_o they_o but_o if_o the_o french_a or_o great_a turk_n shall_v come_v they_o may_v exact_v heavy_a tax_n and_o confiscate_v all_o estate_n but_o never_o alter_v the_o contract_n of_o the_o private_a estate_n appropriate_v to_o give_v value_n to_o these_o ticket_n because_o they_o as_o well_o as_o the_o nation_n will_v lose_v infinite_o by_o so_o do_v object_n when_o we_o have_v so_o much_o as_o 20_o million_o of_o brass_n money_n we_o shall_v have_v no_o gold_n nor_o silver_n leave_v among_o we_o what_o then_o will_v become_v of_o that_o answ_n the_o brass_n ticket_n will_v best_o serve_v for_o great_a sum_n and_o can_v no_o more_o destroy_v lessen_v or_o thrust_v out_o gold_n and_o silver_n money_n than_o bill_n bond_n tally_n or_o goldsmith_n note_n do_v for_o do_v guineas_n or_o 5_o l._n piece_n of_o gold_n lessen_v the_o silver_n no_o certain_o for_o you_o must_v keep_v that_o to_o go_v to_o market_n withal_o to_o spend_v on_o the_o road_n and_o to_o pay_v the_o poor_a man_n wage_n so_o that_o the_o gold_n and_o silver_n will_v not_o only_o stay_v but_o much_o more_o will_v be_v bring_v to_o it_o object_n that_o there_o be_v gold_n and_o silver_n enough_o so_o that_o there_o be_v no_o need_n of_o this_o project_n answ_n why_o then_o do_v the_o king_n complain_v of_o the_o exportation_n as_o aforesaid_a and_o why_o do_v not_o the_o people_n make_v their_o payment_n as_o they_o use_v to_o do_v and_o why_o have_v the_o parliament_n so_o often_o have_v the_o increase_n of_o money_n and_o bullion_n under_o their_o consideration_n if_o unnecessary_a object_n that_o if_o this_o bank_n be_v settle_v there_o will_v be_v then_o so_o much_o money_n in_o the_o land_n that_o usurer_n who_o have_v 10_o or_o 20000_o l._n and_o live_v only_o on_o the_o interest_n thereof_o will_v make_v but_o little_a proâ—it_n of_o their_o money_n because_o none_o will_v have_v that_o press_a occasion_n to_o borrow_v or_o else_o will_v be_v more_o easy_o supply_v for_o which_o reason_n the_o parliament_n have_v refuse_v to_o lessen_v interest_n lâ—st_v the_o king_n shall_v not_o be_v supply_v for_o none_o will_v bâ—ing_v in_o their_o money_n without_o great_a advantage_n and_o why_o shall_v land_a mâ—n_z have_v the_o