satisfy_v in_o case_n of_o bankrupt_a so_o that_o in_o this_o way_n the_o duke_n of_o tuscany_n obtain_v a_o great_a yearly_a revenue_n and_o in_o truth_n his_o bank_n be_v govern_v the_o near_a to_o the_o way_n or_o method_n i_o here_o intend_v of_o any_o bank_n in_o europe_n or_o the_o whole_a world_n the_o only_a reason_n as_o i_o conceive_v that_o they_o have_v not_o there_o take_v upon_o they_o to_o regulate_v their_o method_n and_o bring_v the_o whole_a profit_n of_o their_o bank_n into_o the_o duke_n peculiar_a treasury_n be_v obstruct_v by_o the_o infinite_a great_a sum_n of_o money_n leave_v by_o particular_a person_n intayled_a upon_o their_o posterity_n which_o by_o a_o law_n make_v upon_o the_o first_o erect_v the_o florentine_a bank_n be_v never_o to_o be_v remove_v or_o alienate_v and_o by_o report_n be_v not_o there_o in_o bank_n to_o be_v return_v in_o specie_fw-la if_o it_o be_v to_o be_v have_v out_o upon_o demand_n but_o the_o interest_n of_o five_o in_o the_o hundred_o be_v due_o pay_v the_o principal_n may_v not_o be_v question_v from_o hence_o i_o can_v but_o observe_v that_o great_a advantage_n which_o england_n may_v have_v above_o other_o nation_n if_o but_o sensible_a of_o it_o for_o such_o a_o bank_n of_o credit_n be_v here_o once_o erect_v it_o will_v bring_v in_o the_o same_o advantage_n to_o his_o majesty_n as_o both_o the_o duke_n of_o florence_n the_o dutch_a and_o other_o have_v to_o themselves_o and_o all_o those_o who_o estate_n depend_v upon_o or_o in_o the_o bank_n to_o who_o the_o say_a duke_n and_o state_n of_o holland_n pay_v great_a yearly_a sum_n for_o interest_n which_o his_o majesty_n of_o england_n will_v be_v free_v from_o and_o receive_v the_o whole_a profit_n de_fw-fr claro_fw-la when_o for_o the_o reason_n aforesaid_a with_o other_o to_o be_v give_v neither_o dutch_a florentine_a genoes_n or_o other_o banker_n whatsoever_o can_v either_o imitate_v or_o follow_v the_o example_n here_o intend_v now_o have_v show_v you_o that_o payment_n be_v and_o may_v be_v make_v upon_o the_o credit_n of_o money_n as_o well_o as_o by_o money_n in_o specie_fw-la that_o good_n jewel_n and_o other_o pledge_n may_v supply_v that_o credit_n since_o it_o serve_v for_o no_o other_o purpose_n but_o as_o a_o pawn_n or_o ground_n of_o security_n for_o make_v good_a the_o credit_n that_o run_v current_a instead_o thereof_o there_o be_v no_o doubt_n to_o be_v make_v but_o that_o land_n be_v mortgage_v to_o a_o bank_n will_v serve_v as_o well_o and_o better_a for_o such_o a_o pawn_n which_o can_v be_v remove_v or_o make_v away_o by_o force_n or_o fraud_n as_o sum_n of_o money_n lie_v long_o in_o one_o place_n may_v neither_o be_v it_o a_o temptation_n to_o a_o enemy_n as_o bank_n of_o money_n be_v there_o only_o remain_v to_o show_v how_o such_o credit_n or_o security_n of_o jewel_n good_n and_o land_n may_v pass_v in_o payment_n from_o one_o kingdom_n country_n place_n or_o person_n to_o another_o and_o be_v esteem_v of_o as_o good_a a_o value_n and_o acceptable_a as_o gold_n and_o silver_n 5._o this_o will_v be_v best_a effect_v by_o bank_n which_o as_o they_o be_v in_o themselves_o be_v nothing_o else_o in_o effect_n but_o place_n where_o man_n pawn_v or_o deposit_v their_o money_n for_o obtain_v current_a credit_n as_o that_o which_o they_o may_v keep_v with_o less_o danger_n and_o assign_v to_o another_o with_o less_o trouble_n but_o previous_a to_o the_o practice_n thereof_o in_o england_n these_o thing_n be_v necessary_a 1._o that_o the_o kingdom_n be_v divide_v into_o a_o hundred_o division_n or_o some_o such_o like_a number_n and_o in_o the_o midst_n of_o each_o precinct_n a_o convenient_a place_n be_v erect_v for_o a_o stand_n and_o constant_a bank_n or_o registry_n 2._o that_o by_o law_n all_o estate_n in_o land_n house_n or_o rent_n either_o for_o lease_n of_o year_n life_n or_o in_o fee_n be_v enjoin_v to_o be_v register_v at_o the_o bank_n of_o each_o precinct_n as_o also_o all_o claim_n or_o other_o interest_n pretend_v to_o such_o estate_n with_o all_o mortgage_n purchase_n or_o bequest_n at_o any_o time_n to_o be_v make_v on_o such_o estate_n in_o like_a manner_n by_o all_o person_n resident_a in_o england_n within_o six_o month_n from_o a_o day_n certain_a by_o such_o as_o be_v out_o of_o england_n and_o by_o this_o side_n the_o aequinoctial_a line_n in_o twelve_o month_n and_o those_o beyond_o the_o line_n in_o two_o year_n upon_o penalty_n of_o be_v bar_v his_o claim_n interest_n or_o title_n to_o so_o much_o of_o it_o as_o shall_v be_v dispose_v after_o the_o expiration_n of_o the_o several_a time_n limit_v without_o other_o remedy_n then_o against_o the_o person_n that_o sell_v dispose_v or_o mortgage_v the_o same_o 3._o that_o proclamation_n be_v make_v thereof_o in_o all_o city_n and_o town_n corporate_a and_o read_v in_o all_o parish_n church_n throughout_o england_n and_o wales_n and_o that_o care_n may_v be_v take_v to_o send_v such_o proclamation_n to_o all_o governor_n of_o plantation_n abroad_o ambassador_n in_o foreign_a kingdom_n and_o consul_n or_o other_o public_a minister_n entrust_v by_o any_o society_n or_o corporation_n in_o part_n beyond_o the_o sea_n 4._o that_o the_o justice_n of_o peace_n within_o each_o precinct_n be_v order_v to_o send_v for_o the_o name_n of_o twelve_o of_o the_o most_o able_a honest_a man_n in_o each_o parish_n unto_o who_o at_o the_o end_n of_o six_o month_n a_o exact_a duplicate_v or_o copy_n of_o such_o entry_n distinct_o as_o they_o belong_v to_o each_o manor_n town_n parish_n or_o tithe_n within_o each_o precinct_n shall_v be_v send_v respective_o with_o instruction_n to_o inquire_v into_o the_o truth_n thereof_o and_o whether_o any_o the_o land_n rent_n or_o estate_n be_v overvalue_v therein_o and_o how_o much_o per_fw-la ann._n and_o whether_o they_o know_v or_o believe_v that_o any_o orphan_n feme_fw-fr covert_n person_n lunatic_n or_o beyond_o the_o sea_n have_v any_o right_a or_o title_n of_o claim_n to_o any_o the_o say_a land_n rent_n or_o estate_n who_o claim_n title_n or_o interest_n be_v not_o therein_o mention_v 5._o that_o at_o the_o end_n of_o nine_o month_n a_o person_n be_v send_v commissionated_a from_o each_o bank_n with_o interrogatory_n to_o the_o end_n aforesaid_a and_o have_v swear_v and_o examine_v the_o say_a jury_n thereupon_o or_o such_o other_o person_n as_o the_o say_a jury_n shall_v direct_v for_o the_o better_a clear_v any_o doubt_n either_o in_o the_o title_n or_o value_n of_o such_o land_n or_o estate_n return_v thereof_o may_v be_v make_v according_o by_o the_o person_n employ_v who_o may_v also_o have_v power_n and_o instruction_n give_v he_o to_o leave_v three_o of_o the_o proper_a person_n in_o every_o parish_n in_o commission_n whereof_o two_o upon_o the_o death_n of_o one_o to_o choose_v a_o three_o with_o who_o the_o bank_n upon_o occasion_n may_v at_o all_o time_n correspond_v for_o satisfaction_n of_o any_o doubt_n which_o perhaps_o may_v aftetwards_o arise_v 6._o that_o a_o method_n be_v agree_v upon_o and_o use_v alike_o in_o all_o the_o bank_n for_o the_o most_o exact_a way_n and_o manner_n of_o keep_v a_o register_n of_o all_o estate_n title_n conveyance_n encumbrance_n and_o bequest_n so_o as_o no_o deed_n or_o conveyance_n may_v be_v enter_v at_o large_a and_o yet_o all_o thing_n appear_v plain_a and_o easy_a to_o be_v find_v or_o see_v for_o i_o be_o humble_o of_o opinion_n that_o the_o true_a meaning_n of_o any_o conveyance_n may_v be_v best_a take_v in_o few_o word_n then_o the_o deed_n itself_o as_o for_o example_n suppose_v a._n purchase_v a_o estate_n of_o b._n to_o himself_o and_o the_o heir_n of_o his_o body_n for_o ever_o and_o for_o want_v of_o such_o heir_n than_o the_o one_o moiety_n of_o such_o estate_n to_o go_v to_o some_o charitable_a use_n as_o build_v a_o almshouse_n in_o the_o parish_n of_o c._n for_o so_o many_o poor_a people_n and_o the_o other_o moiety_n to_o d._n and_o the_o heir_n male_a of_o his_o body_n lawful_o to_o be_v beget_v and_o for_o want_v of_o such_o heir_n then_o for_o 99_o year_n to_o such_o daughter_n as_o d._n shall_v leave_v at_o his_o decease_n in_o coheirship_n with_o the_o remainder_n entail_n to_o the_o first_o heir_n male_a lawful_o to_o be_v beget_v upon_o any_o the_o coheir_n or_o daughter_n of_o d._n and_o for_o want_v of_o issue_n of_o d._n then_o to_o e._n and_o his_o heir_n in_o like_a manner_n and_o for_o any_o covenant_n make_v between_o the_o devisor_n and_o devisee_n it_o may_v be_v also_o abbreviate_v yet_o so_o as_o the_o true_a intent_n may_v be_v set_v forth_o that_o a_o deed_n or_o device_n of_o two_o skin_n of_o parchment_n may_v in_o effect_n or_o substance_n be_v enter_v at_o the_o registry_n in_o less_o than_o
into_o some_o inconvenience_n which_o the_o latter_a age_n have_v find_v in_o those_o metal_n of_o gold_n and_o silver_n which_o be_v first_o that_o there_o have_v not_o be_v at_o least_o not_o yet_o a_o sufficient_a quantity_n of_o either_o of_o they_o to_o supply_v all_o nation_n towards_o that_o increase_n of_o trade_n which_o a_o great_a stock_n will_v do_v and_o be_v most_o necessary_a in_o order_n thereunto_o it_o be_v a_o undeniable_a truth_n that_o the_o more_o there_o be_v of_o money_n in_o a_o nation_n the_o great_a be_v their_o trade_n and_o the_o quick_a be_v all_o return_v make_v upon_o commodity_n or_o what_o else_o money_n be_v ordinary_o employ_v in_o a_o second_o inconvenience_n be_v that_o such_o kingdom_n or_o country_n who_o mine_n of_o either_o gold_n or_o silver_n be_v but_o inconsiderable_a if_o any_o at_o all_o must_v for_o the_o obtain_v a_o thing_n so_o necessary_a to_o the_o uphold_v of_o ordinary_a commerce_n part_n with_o their_o best_a staple_n commodity_n ofttimes_o to_o great_a disadvantage_n to_o purchase_v what_o they_o want_v from_o that_o great_a merchant_n of_o gold_n and_o silver_n the_o king_n of_o spain_n whereas_o can_v there_o be_v mean_v use_v at_o home_n to_o supply_v it_o otherwise_o without_o pay_v for_o be_v liable_a or_o behold_v to_o any_o other_o prince_n it_o will_v not_o only_o render_v this_o kingdom_n so_o much_o rich_a in_o general_n but_o prove_v advantageous_a to_o all_o particular_a interest_n whatsoever_o the_o three_o inconvenience_n find_v more_o particular_o in_o silver_n the_o most_o common_a metal_n of_o the_o two_o be_v the_o same_o as_o i_o have_v already_o lay_v down_o as_o be_v dangerous_a to_o be_v keep_v in_o a_o private_a cash_n continual_a carry_v it_o from_o one_o place_n to_o another_o both_o dangerous_a and_o troublesome_a beside_o the_o time_n spend_v in_o count_v it_o and_o hazard_v of_o receive_v clip_v and_o bad_a money_n be_v not_o the_o least_o prejudices_fw-la to_o trade_n in_o a_o kingdom_n from_o which_o with_o other_o cause_n of_o inconvenience_n as_o i_o have_v already_o speak_v of_o arise_v that_o most_o admirable_a invention_n of_o a_o bank_n which_o among_o merchant_n have_v approve_v itself_o to_o be_v of_o excellent_a use_n for_o the_o dispatch_n of_o business_n in_o payment_n but_o the_o inconvenience_n not_o yet_o remedy_v thereby_o be_v first_o that_o nothing_o of_o value_n beside_o money_n have_v be_v yet_o introduce_v for_o a_o medium_fw-la in_o commerce_n the_o necessary_a requisite_a to_o a_o bank_n be_v in_o all_o part_n money_n without_o or_o beyond_o which_o a_o bank_n can_v neither_o be_v raise_v or_o extend_v since_o the_o have_v more_o credit_n current_n in_o bank_n then_o there_o be_v money_n to_o answer_v it_o be_v no_o other_o than_o a_o public_a cheat_n and_o to_o be_v account_v so_o much_o worse_a than_o in_o any_o private_a person_n in_o that_o ruler_n have_v by_o their_o office_n a_o more_o immediate_a image_n of_o god_n and_o be_v in_o some_o place_n of_o scripture_n honour_v with_o that_o name_n and_o shall_v not_o the_o judge_n of_o all_o the_o earth_n or_o of_o all_o nation_n do_v right_a second_o that_o money_n deposit_v in_o any_o know_a place_n prove_v not_o only_o a_o temptation_n to_o the_o sword_n but_o if_o once_o surprise_v become_v a_o certain_a loss_n to_o all_o the_o owner_n which_o be_v as_o i_o conceive_v the_o reason_n so_o few_o bank_n be_v erect_v under_o monarchy_n most_o man_n in_o these_o latter_a age_n be_v not_o only_o afraid_a to_o trust_v each_o other_o but_o too_o many_o doubtful_a of_o rely_v upon_o the_o faith_n and_o honour_n of_o their_o prince_n or_o sovereign_a the_o consideration_n whereof_o i_o confess_v put_v i_o upon_o the_o study_n of_o contrive_v some_o engine_n to_o take_v off_o that_o remora_n and_o to_o frame_v such_o a_o method_n for_o bank_n in_o england_n as_o will_v whole_o obviate_v that_o great_a objection_n three_o bank_n have_v be_v hitherto_o apply_v to_o the_o dispatch_n of_o business_n of_o payment_n among_o merchant_n only_o and_o not_o ordinary_o to_o the_o concernment_n of_o the_o rest_n of_o the_o people_n of_o the_o nation_n where_o the_o bank_n be_v keep_v or_o erect_v have_v now_o hint_v at_o the_o inconvenience_n of_o these_o metal_n gold_n and_o silver_n in_o which_o this_o medium_fw-la of_o commerce_n or_o universal_a credit_n have_v former_o be_v place_v together_o with_o the_o imperfection_n of_o bank_n which_o though_o a_o excellent_a invention_n by_o reason_n of_o their_o be_v ground_v upon_o money_n only_o be_v but_o a_o lame_a and_o short_a remedy_n to_o the_o inconvenience_n aforesaid_a i_o shall_v now_o offer_v to_o your_o consideration_n that_o such_o defect_n may_v be_v supply_v in_o this_o kingdom_n by_o a_o land_n bank_n or_o bank_n wherein_o the_o security_n of_o land_n may_v pass_v and_o be_v hold_v of_o equal_a value_n or_o credit_n with_o any_o other_o species_n whatsoever_o as_o in_o truth_n it_o be_v and_o when_o reduce_v into_o practice_n will_v be_v find_v to_o answer_v all_o those_o end_n for_o which_o money_n be_v first_o ordain_v the_o land_n of_o england_n i_o presume_v may_v be_v estimate_v at_o near_o twenty_o time_n the_o value_n of_o all_o the_o sterling_a money_n remain_v in_o the_o kingdom_n for_o it_o be_v conceive_v upon_o the_o debate_n of_o some_o ingenious_a man_n that_o of_o the_o twenty_o two_o million_o coin_v in_o and_o since_o the_o reign_n of_o king_n edward_n the_o six_o scarce_o the_o moiety_n be_v leave_v in_o the_o nation_n the_o other_o be_v either_o export_v hoard_a up_o or_o melt_v down_o so_o that_o this_o small_a stock_n will_v receive_v a_o very_a great_a addition_n if_o but_o the_o value_n of_o a_o ten_o part_n of_o all_o the_o real_a estate_n in_o england_n be_v employ_v in_o trade_n which_o by_o the_o raise_n of_o bank-credit_n upon_o land_n may_v be_v multiply_v to_o the_o moiety_n two_o three_o or_o three_o fourth_n if_o not_o more_o of_o all_o the_o land_n of_o the_o nation_n and_o the_o land_n remain_v notwithstanding_o in_o the_o possession_n of_o the_o same_o proprietor_n unaltered_a whereby_o that_o great_a defect_n of_o the_o general_a want_n of_o stock_n will_v not_o only_o be_v supply_v but_o such_o a_o honest_a usurer_n i_o mean_v the_o bank_n will_v be_v likewise_o find_v willing_a at_o all_o time_n to_o lend_v money_n upon_o reasonable_a security_n at_o three_o per_fw-la cent_n for_o supply_v all_o man_n occasion_n though_o deal_v or_o owe_v ten_o time_n more_o than_o at_o present_a the_o second_o and_o three_o inconvenience_n of_o purchase_v gold_n and_o silver_n to_o our_o disadvantage_n from_o other_o and_o the_o danger_n trouble_n and_o loss_n by_o keep_v pay_v and_o receive_v money_n in_o specie_fw-la will_v be_v prevent_v the_o one_o by_o a_o sufficient_a supply_n of_o credit_n instead_o of_o money_n the_o other_o by_o make_v payment_n by_o assignation_n without_o money_n which_o by_o consequence_n do_v likewise_o answer_v the_o three_o other_o inconvenience_n not_o yet_o rectify_v by_o bank_n upon_o a_o money_n foundation_n but_o the_o whole_a yet_o depend_v upon_o this_o issue_n whether_o land_n may_v be_v make_v as_o good_a security_n as_o money_n plate_n or_o jewel_n which_o i_o affirm_v it_o may_v as_o at_o present_v it_o be_v in_o such_o country_n and_o place_n wherein_o every_o man_n real_a estate_n and_o claim_n in_o land_n be_v register_v and_o where_o it_o be_v impossible_a underhand_o to_o encumber_v a_o estate_n for_o there_o a_o estate_n in_o land_n be_v as_o sure_a and_o certain_a a_o security_n and_o pledge_n as_o plate_n or_o any_o other_o good_n of_o a_o man_n own_o mark_n or_o make_v i_o shall_v only_o instance_n tuscany_n where_o the_o prince_n be_v so_o absolute_a yet_o his_o minister_n so_o punctual_a in_o payment_n and_o other_o deal_n for_o their_o prince_n peculiar_a service_n as_o no_o merchant_n can_v be_v more_o there_o all_o land_n be_v register_v in_o a_o office_n for_o that_o purpose_n the_o true_a title_n thereof_o be_v see_v in_o a_o instant_n so_o that_o no_o land_n may_v be_v there_o subject_a to_o any_o encumbrance_n but_o such_o as_o may_v appear_v with_o the_o register_n of_o each_o precinct_n much_o like_a our_o copy_n hold_v land_n in_o england_n which_o can_v be_v encumber_v but_o by_o surrender_n which_o must_v appear_v upon_o the_o court_n roll_n unless_o it_o be_v by_o lease_n which_o a_o copyholder_n have_v licence_n to_o let_v and_o in_o such_o case_n the_o lessee_n be_v oblige_v to_o enter_v his_o lease_n and_o if_o any_o man_n there_o desire_v to_o have_v credit_n in_o bank_n upon_o his_o land_n he_o shall_v be_v as_o soon_o as_o any_o admit_v pay_v five_o per_n cent_n the_o accustom_a interest_n there_o current_a and_o as_o his_o majesty_n in_o england_n so_o the_o bank_n there_o to_o be_v first_o
half_a a_o sheet_n of_o paper_n 7._o that_o at_o the_o end_n of_o twelve_o month_n for_o i_o presume_v by_o that_o time_n the_o register_n will_v be_v so_o complete_v that_o all_o encumbrance_n will_v appear_v or_o such_o caution_n in_o reference_n to_o dorment_v title_n of_o infant_n person_n lunatic_n or_o beyond_o the_o line_n all_o other_o be_v equitable_o bar_v that_o the_o bank_n may_v safe_o adventure_v to_o give_v credit_n upon_o any_o clear_a estate_n to_o a_o half_a part_n of_o the_o value_n or_o for_o more_o to_o such_o repute_a know_v honest_a or_o able_a man_n as_o shall_v enter_v their_o estate_n as_o a_o foundation_n of_o credit_n in_o bank_n for_o some_o less_o value_n than_o the_o land_n itself_o and_o such_o writing_n the_o same_o in_o bank_n may_v be_v make_v in_o law_n a_o employ_v recognizance_n that_o the_o land_n be_v free_a of_o encumbrance_n and_o of_o such_o value_n as_o they_o be_v enter_v for_o 8._o that_o two_o year_n time_n be_v allow_v for_o all_o person_n to_o determine_v all_o controversy_n upon_o any_o claim_n or_o title_n pretend_v in_o law_n to_o any_o estate_n provide_v the_o same_o appear_v enter_v upon_o the_o register_n and_o the_o suit_n be_v commence_v within_o six_o month_n after_o such_o claim_n title_n or_o encumbrance_n be_v first_o enter_v and_o that_o three_o year_n in_o like_a manner_n be_v allow_v for_o end_v all_o cause_n depend_v in_o chancery_n but_o no_o long_o unless_o the_o lord_n chancellor_n or_o other_o judge_n of_o the_o king_n bench_n common_a plea_n etc._n etc._n shall_v think_v fit_a to_o continue_v the_o same_o and_o certify_v so_o much_o to_o the_o bank_n under_o who_o precinct_n the_o estate_n in_o controversy_n lie_v and_o that_o in_o such_o case_n of_o a_o long_a continuance_n security_n may_v be_v give_v the_o defendant_n to_o be_v approve_v in_o court_n for_o the_o make_v good_a of_o damage_n to_o be_v sustain_v by_o he_o in_o case_n of_o a_o nonsuite_n plea_n bill_n or_o demurrer_n be_v either_o overrule_v or_o dismiss_v or_o other_o deletory_n or_o vexatious_a proceed_n prove_v to_o be_v act_v by_o the_o plaintiff_n 9_o that_o any_o person_n whosoever_o have_v obtain_v credit_n in_o bank_n by_o enter_v his_o land_n or_o other_o estate_n there_o or_o by_o deposit_v any_o good_n or_o valuable_a pledge_n whatsoever_o that_o such_o bank_n credit_n may_v by_o law_n be_v make_v as_o undeniable_o current_a in_o payment_n for_o any_o debt_n good_n or_o value_n as_o so_o much_o current_a coin_n either_o in_o gold_n or_o silver_n as_o in_o truth_n it_o be_v and_o that_o the_o condition_n upon_o the_o reception_n of_o any_o mortgage_n of_o land_n estate_n or_o other_o pledge_n be_v to_o pay_v the_o interest_n for_o so_o much_o credit_n in_o bank_n after_o the_o rate_n of_o three_o pound_n per_fw-la cent_n in_o money_n the_o principal_a for_o all_o chattel_n and_o lease_n determinable_a in_o three_o month_n after_o summons_n in_o bank_n credit_n and_o for_o all_o land_n plate_n or_o jewel_n within_o six_o month_n from_o the_o day_n that_o bank_n credit_n shall_v any_o way_n fail_v to_o be_v current_n and_o in_o default_n of_o such_o payment_n the_o land_n good_n and_o pledge_n to_o be_v forfeit_v without_o redemption_n and_o to_o be_v sell_v and_o pay_v the_o person_n who_o be_v in_o truth_n owner_n of_o the_o credit_n which_o will_v be_v easy_o find_v though_o of_o many_o year_n stand_v or_o otherwise_o to_o be_v divide_v among_o the_o owner_n of_o the_o credit_n in_o bank_n 10._o that_o no_o person_n be_v admit_v to_o take_v credit_n in_o bank_n for_o any_o sum_n less_o than_o twenty_o pound_n or_o for_o less_o time_n than_o one_o month_n to_o be_v account_v though_o not_o so_o much_o nor_o shall_v any_o payment_n by_o assignation_n be_v make_v for_o any_o sum_n under_o ten_o pound_n unless_o it_o be_v to_o even_o or_o balance_n account_n in_o which_o case_n it_o may_v be_v allowable_a either_o for_o the_o bank_n to_o pay_v or_o receive_v any_o sum_n not_o exceed_v ten_o pound_n to_o be_v do_v upon_o demand_n either_o of_o the_o banker_n or_o other_o person_n whatsoever_o that_o desire_n to_o balance_v their_o account_n in_o bank_n 11._o that_o for_o the_o encouragement_n of_o trade_n such_o as_o have_v bank_n credit_n in_o one_o place_n and_o be_v desirous_a to_o have_v it_o in_o another_o for_o their_o accommodation_n may_v have_v it_o remit_v pay_v after_o the_o rate_n of_o 10_o s._n for_o 100_o l._n to_o the_o bank_n and_o also_o that_o where_o there_o happen_v yearly_a to_o be_v a_o stand_v great_a mart_n or_o fair_a like_o that_o of_o sturbridge_n or_o way_n hill_n the_o bank_n of_o that_o division_n may_v be_v remove_v thither_o during_o the_o fair_a time_n which_o will_v be_v easy_o do_v since_o nothing_o be_v require_v but_o the_o book_n of_o debtor_n and_o creditor_n so_o that_o whosoever_o shall_v have_v occasion_n to_o buy_v good_n there_o need_v only_o to_o get_v his_o bill_n of_o credit_n allow_v at_o the_o bank_n which_o may_v the_o next_o day_n pass_v for_o payment_n and_o much_o trouble_n and_o danger_n of_o be_v rob_v &c._n &c._n to_o such_o as_o live_v remote_a be_v prevent_v 12._o that_o no_o man_n shall_v personate_v another_o to_o obtain_v credit_n in_o bank_n nor_o counterfeit_v any_o bill_n or_o seal_n of_o office_n upon_o pain_n of_o death_n 13._o that_o where_o any_o estate_n be_v mortgage_v to_o the_o bank_n shall_v be_v find_v to_o belong_v to_o a_o infant_n person_n lunatic_n or_o that_o be_v beyond_o sea_n the_o morgagee_n shall_v be_v liable_a to_o imprisonment_n without_o bail_n or_o mainprize_n and_o his_o whole_a estate_n to_o sequestration_n until_o the_o credit_n be_v discharge_v and_o if_o find_v to_o be_v do_v know_o or_o the_o person_n to_o depart_v the_o country_n then_o to_o be_v guilty_a of_o death_n whensoever_o take_v and_o last_o that_o this_o bank_n may_v be_v establish_v by_o law_n and_o his_o royal_a majesty_n invest_v with_o the_o government_n thereof_o which_o he_o may_v please_v to_o refer_v to_o commissioner_n and_o such_o commissioner_n substitute_v proper_a and_o sufficient_a deputy_n to_o manage_v and_o govern_v each_o bank_n whereof_o the_o principal_a will_v be_v in_o london_n and_o for_o the_o rest_n wheresoever_o seat_v it_o will_v be_v proper_a that_o the_o post-stage_n be_v direct_v thither_o for_o their_o better_a correspond_v with_o each_o other_o for_o the_o foundation_n of_o these_o bank_n be_v credit_n and_o such_o credit_n transferrable_a without_o danger_n may_v be_v remit_v from_o york_n to_o london_n and_o from_o london_n to_o bristol_n or_o any_o other_o place_n of_o like_a distance_n in_o six_o day_n which_o will_v not_o prove_v the_o least_o advantage_n in_o trade_n especial_o when_o all_o estate_n be_v free_a from_o encumbrance_n which_o will_v be_v upon_o the_o determination_n of_o suit_n depend_v for_o all_o matter_n before_o in_o controversy_n for_o i_o presume_v there_o will_v be_v less_o cause_n of_o law_n hereafter_o if_o all_o obscure_a pocket_n conveyance_n be_v discountenance_v which_o i_o hope_v will_v not_o be_v render_v a_o prejudice_n to_o the_o kingdom_n and_o if_o it_o shall_v happen_v that_o any_o person_n lunatic_n or_o infant_n the_o only_a obstruction_n that_o bank_n can_v take_v infallible_a security_n shall_v afterward_o lay_v claim_n to_o any_o estate_n in_o mortgage_n to_o the_o bank_n and_o thereupon_o appeal_v to_o his_o majesty_n in_o equity_n for_o relief_n which_o indeed_o be_v hard_a measure_n less_o charity_n and_o not_o like_o his_o royal_a bounty_n to_o deny_v especial_o be_v to_o such_o who_o of_o all_o person_n live_v must_v be_v esteem_v most_o friendless_a that_o shall_v not_o in_o that_o case_n have_v some_o to_o inspect_n or_o discover_v their_o interest_n or_o claim_n before_o the_o time_n limit_v for_o enter_v thereof_o be_v expire_v that_o then_o in_o such_o case_n if_o the_o person_n that_o take_v up_o the_o credit_n in_o bank_n upon_o the_o estate_n be_v insolvent_a satisfaction_n may_v be_v make_v out_o of_o the_o profit_n of_o the_o bank_n which_o in_o its_o proper_a place_n i_o shall_v show_v will_v be_v so_o considerable_a that_o a_o inconvenience_n much_o great_a than_o this_o will_v no_o more_o disparage_v the_o design_n than_o the_o give_v of_o six_o penny_n in_o charity_n will_v impoverish_v the_o estate_n of_o a_o rich_a man_n this_o due_o consider_v i_o hope_v it_o will_v be_v grant_v that_o a_o bank_n may_v be_v form_v wherein_o real_a security_n by_o land_n may_v be_v a_o foundation_n of_o credit_n in_o bank_n to_o the_o owner_n for_o some_o less_o value_n than_o the_o value_n of_o the_o land_n as_o first_o for_o a_o moiety_n and_o in_o three_o or_o four_o year_n when_o encumbrance_n be_v determine_v for_o two_o three_o part_n and_o that_o such_o value_n may_v go_v
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