with_o any_o thing_n we_o may_v spare_v we_o can_v procure_v another_o thing_n we_o want_v of_o its_o like_a value_n a_o plain_a demonstration_n of_o this_o will_v be_v quick_o make_v when_o once_o a_o corporation_n be_v establish_v if_o the_o government_n of_o the_o bank_n shall_v set_v up_o a_o office_n or_o office_n to_o this_o purpose_n which_o i_o think_v with_o submission_n may_v be_v easy_o do_v in_o this_o kingdom_n in_o this_o manner_n first_o convenient_a place_n may_v be_v appoint_v suppose_v warehouse_n near_o the_o custom-house_n for_o grosser_n good_n liquid_a and_o dry_a stowage_n for_o fine_a good_n in_o convenient_a place_n second_o they_o may_v appoint_v fit_v person_n for_o the_o manage_n this_o business_n which_o be_v to_o be_v of_o two_o sort_n 1._o first_o man_n of_o estate_n that_o can_v and_o will_v subscribe_v pound_n as_o the_o act_n do_v direct_v be_v man_n of_o reputation_n for_o knowledge_n and_o honesty_n and_o well_o skilled_a in_o all_o sort_n of_o merchandise_n that_o they_o may_v be_v accountable_a to_o all_o person_n for_o good_n bring_v into_o the_o office_n of_o bank_n who_o be_v to_o sign_v the_o bill_n and_o to_o be_v oblige_v that_o all_o person_n deposit_v their_o good_n shall_v be_v just_o and_o fair_o deal_v withal_o 2._o second_o it_o be_v proper_a to_o provide_v person_n of_o a_o mean_a rank_n or_o quality_n subservient_fw-fr to_o the_o former_a who_o understand_v trade_n and_o can_v value_v good_n and_o show_v they_o keep_v the_o warehouse_n and_o book_n of_o account_n three_o when_o place_n be_v fit_v and_o person_n provide_v the_o government_n may_v declare_v they_o be_v ready_a to_o receive_v all_o good_n as_o a_o pledge_n upon_o which_o they_o will_v advance_v bill_n of_o credit_n to_o the_o two_o three_o three_o fourths_o or_o four_o fifths_o of_o the_o true_a value_n or_o high_o according_a to_o what_o the_o nature_n of_o the_o good_n be_v nay_o they_o may_v give_v credit_n to_o land_n when_o they_o have_v to_o deal_v with_o honest_a man_n and_o the_o title_n good_a and_o upon_o personal_a security_n that_o be_v unquestionable_a four_o when_o good_n be_v bring_v into_o these_o office_n they_o may_v be_v appraized_a mark_v and_o lodge_v and_o a_o bill_n of_o sale_n register_v of_o they_o in_o the_o office-book_n sign_v and_o seal_v by_o the_o deliverer_n for_o your_o officer_n security_n and_o the_o good_n enter_v debtor_n five_o the_o deliverer_n may_v be_v enter_v creditor_n and_o have_v a_o bill_n of_o credit_n from_o your_o office_n payable_a at_o seven_o month_n for_o which_o he_o be_v to_o allow_v per_fw-la cent._n which_o credit_n he_o allow_v to_o be_v write_v off_o to_o other_o to_o who_o he_o be_v or_o may_v be_v indebt_v and_o i_o know_v no_o reason_n but_o that_o the_o corporation-bill_n be_v accept_v at_o first_o sight_n now_o the_o king_n by_o law_n have_v make_v they_o passable_a six_o the_o time_n for_o which_o these_o good_n be_v deposit_v may_v be_v according_a to_o the_o nature_n of_o they_o as_o they_o be_v more_o or_o less_o perishable_a that_o be_v for_o i._o month_n ii_o month_n iii_o month_n iu_o month_n or_o x._o month_n but_o not_o to_o exceed_v xii_o month_n seven_o the_o person_n deposit_v his_o or_o their_o good_n have_v liberty_n at_o all_o time_n to_o see_v and_o sell_v his_o good_n eight_o if_o he_o sell_v his_o good_n within_o the_o time_n limit_v he_o satisfy_v the_o office_n pay_v interest_n only_o for_o the_o time_n his_o good_n have_v be_v there_o and_o take_v the_o overplus_a to_o himself_o nine_o if_o the_o good_n be_v not_o redeem_v within_o the_o time_n limit_v the_o office_n sell_v they_o by_o the_o inch_n of_o candle_n satisfy_v itself_o and_o restore_v the_o overplus_a to_o the_o owner_n of_o the_o good_n unless_o he_o give_v the_o office_n such_o security_n they_o approve_v of_o if_o the_o party_n deposit_v his_o good_n be_v under_o such_o circumstance_n that_o he_o must_v have_v money_n in_o specie_fw-la which_o will_v seldom_o occur_v the_o office_n may_v exchange_v his_o bill_n into_o money_n at_o ...._o per_fw-la cent._n ten_o no_o good_n shall_v be_v pledge_v in_o the_o office_n that_o will_v not_o bear_v twenty_o pound_n credit_n but_o other_o petty-office_n may_v be_v erect_v subordinate_a to_o this_o some_o of_o which_o may_v take_v in_o good_n under_o twenty_o pound_n other_o under_o ten_o pound_n and_o another_o under_o five_o pound_n for_o the_o benefit_n of_o the_o poor_a upon_o which_o may_v be_v advance_v such_o rate_n as_o may_v be_v agree_v on_o eleven_o all_o person_n that_o desire_v it_o may_v have_v stowage_n for_o their_o good_n in_o the_o warehouse_n belong_v to_o the_o bank_n though_o they_o do_v not_o advance_v credit_n upon_o they_o they_o will_v lie_v more_o convenient_o for_o a_o market_n than_o in_o their_o own_o warehouse_n because_o the_o buyer_n perhaps_o may_v have_v occasion_n for_o credit_n the_o good_n be_v there_o he_o may_v easy_o satisfy_v the_o seller_n suppose_v a_o merchant_n lay_v in_o a_o hundred_o pipe_n of_o wine_n he_o sell_v they_o to_o a_o vintner_n that_o advance_v credit_n upon_o they_o with_o which_o he_o satisfy_v the_o merchant_n and_o take_v they_o out_o of_o the_o office_n as_o he_o can_v clear_v they_o by_o money_n or_o credit_n suppose_v a_o clothier_n bring_v up_o a_o hundred_o and_o fifty_o pound_n worth_n of_o cloth_n which_o he_o can_v sell_v he_o must_v have_v money_n or_o he_o can_v trade_v he_o bring_v his_o good_n to_o the_o office_n they_o advance_v he_o a_o bill_n of_o credit_n of_o 100_o l._n two_o three_o of_o the_o value_n as_o suppose_v in_o this_o or_o the_o like_a manner_n viz._n from_o the_o royal_a bank-office_n may_v 24._o 1694._o there_o be_v due_a to_o h.m._n 100_o l._n for_o good_n deposit_v in_o the_o office_n which_o we_o do_v promise_v to_o pay_v at_o the_o end_n of_o seven_o month_n c._n d._n h._n m._n this_o clothier_n go_v and_o buy_v such_o good_n or_o commodity_n as_o he_o want_v as_o oil_n spanish_a wool_n die_v stuff_n etc._n etc._n and_o tell_v his_o chapman_n he_o will_v pay_v he_o with_o credit_n in_o the_o bank-office_n which_o most_o man_n in_o time_n will_v accept_v of_o rather_o than_o make_v a_o book-debt_n nay_o it_o be_v better_a than_o any_o ordinary_a man_n bond_n for_o it_o have_v a_o sure_a fund_z settle_v by_o act_n of_o parliament_n keep_v in_o good_a man_n hand_n and_o may_v ready_o pass_v from_o one_o man_n to_o another_o at_o present_a because_o it_o will_v be_v money_n at_o the_o time_n appoint_v for_o either_o the_o clothier_n have_v sell_v his_o cloth_n in_o the_o six_o month_n and_o deposit_v the_o money_n or_o the_o office_n have_v sell_v they_o in_o the_o seven_o month_n and_o keep_v the_o money_n so_o that_o the_o office_n shall_v always_o be_v in_o a_o condition_n to_o make_v payment_n of_o all_o bill_n bring_v to_o they_o this_o be_v grant_v the_o clothier_n bring_v or_o appoint_v his_o chapman_n to_o meet_v he_o at_o the_o office_n and_o write_v off_o so_o much_o credit_n from_o himself_o as_o satisfy_v they_o suppose_v to_o the_o value_n of_o 50_o l._n still_o there_o remain_v 50_o l._n to_o this_o clothier_n which_o he_o must_v carry_v into_o the_o country_n and_o be_v order_v by_o his_o neighbour_n at_o home_n to_o pay_v it_o to_o a_o silkman_n in_o london_n and_o he_o will_v give_v he_o the_o money_n in_o specie_fw-la at_o his_o return_n few_o citizen_n will_v refuse_v the_o bank-credit_n unless_o they_o have_v a_o chapman_n in_o the_o country_n that_o be_v a_o very_a sure_a card._n but_o admit_v the_o worst_a the_o silkman_n refuse_v the_o bill_n the_o clothier_n than_o sell_v it_o as_o he_o can_v or_o at_o last_o bring_v it_o to_o the_o bank-office_n who_o give_v he_o money_n for_o it_o ....._o per_fw-la cent._n change_n when_o once_o this_o office_n of_o bank_n be_v settle_v their_o bill_n of_o credit_n will_v ready_o change_v for_o money_n as_o it_o be_v at_o venice_n where_o the_o bank_n never_o pay_v out_o money_n but_o give_v bill_n of_o credit_n to_o those_o interest_v which_o bill_n will_v pass_v and_o sell_v ready_o for_o ducat_n out_o of_o the_o chest_n at_o ten_o per_fw-la cent._n exchange_n in_o short_a time_n we_o in_o england_n will_v be_v of_o as_o great_a credit_n nay_o great_a objection_n obj._n 1_o it_o be_v a_o new_a whimsy_n ans_fw-fr 1._o so_o be_v all_o thing_n at_o their_o first_o use_v which_o adam_n have_v not_o in_o his_o creation_n the_o post-office_n be_v think_v more_o ridiculous_a than_o this_o can_v be_v not_o many_o year_n since_o yet_o now_o it_o give_v a_o good_a revenue_n 2._o this_o be_v not_o new_a it_o be_v practicable_a in_o our_o leeward_n island_n where_o the_o planter_n bring_v their_o good_n to_o the_o port_n when_o
from_o one_o man_n to_o another_o toties_fw-la quoties_fw-la and_o can_v fail_v and_o be_v as_o good_a as_o money_n in_o one_o possession_n and_o better_o as_o be_v plain_o set_v forth_o in_o my_o discourse_n of_o the_o nature_n of_o foreign_a bank_n and_o their_o uses_n at_o the_o latter_a end_n of_o this_o book_n by_o a_o bill_n of_o credit_n i_o mean_v a_o bill_n from_o this_o office_n own_v that_o 〈◊〉_d have_v pay_v in_o so_o much_o money_n or_o good_n to_o they_o and_o they_o to_o be_v answerable_a to_o i_o or_o my_o assign_v on_o return_v and_o may_v be_v sue_v for_o in_o the_o name_n of_o the_o possessor_n this_o be_v a_o privilege_n appropriate_v to_o bank-bill_n only_o and_o surpass_v all_o other_o bond_n and_o bill_n that_o be_v sue_v in_o the_o name_n of_o he_o or_o they_o to_o who_o first_o make_v now_o money_n be_v but_o a_o medium_n of_o commerce_n a_o security_n which_o we_o part_v with_o to_o enâ—oy_v the_o like_a in_o value_n and_o be_v the_o standard_n of_o all_o commodity_n and_o esteem_v so_o by_o the_o world_n and_o such_o be_v a_o bank-bill_n it_o will_v obtain_v what_o we_o want_v and_o satisfy_v where_o we_o be_v indebt_v and_o may_v be_v turn_v into_o money_n again_o when_o the_o possessor_n please_v and_o will_v be_v the_o standard_n of_o trade_n at_o last_o there_o be_v create_v in_o this_o royal_a bank_n by_o act_n of_o parliament_n such_o a_o fund_z as_o may_v give_v out_o bill_n of_o exchange_n or_o credit_n currant_n that_o shall_v always_o be_v answer_v with_o money_n upon_o demand_n how_o acceptable_a these_o bill_n will_v be_v may_v appear_v by_o those_o take_v upon_o the_o oxford-act_n many_o year_n since_o when_o the_o assessment_n to_o be_v raise_v be_v security_n and_o the_o bill_n make_v transferrable_a we_o may_v make_v a_o estimate_n of_o the_o value_n of_o credit_n upon_o a_o good_a fund_z by_o the_o bill_n accept_v upon_o late_a assessment_n instead_o of_o money_n lumbardstreet_n bill_n that_o have_v so_o bad_a a_o fund_z be_v accept_v out_o of_o choice_n by_o most_o man_n instead_o of_o money_n whilst_o their_o credit_n be_v currant_n be_v no_o other_o security_n but_o the_o honesty_n of_o the_o man_n and_o a_o shadow_n of_o a_o estate_n both_o which_o may_v fail_v but_o this_o royal_a bank_n can_v i_o have_v hear_v of_o a_o gentleman_n that_o have_v see_v the_o same_o money_n transmit_v nine_o time_n in_o one_o morning_n by_o write_v off_o the_o credit_n from_o one_o to_o another_o and_o the_o money_n in_o specie_fw-la leave_v untouched_a at_o last_o much_o more_o may_v be_v do_v by_o this_o bank-credit_n their_o fund_z be_v such_o as_o can_v fail_v unless_o the_o nation_n be_v destroy_v for_o that_o all_o man_n interest_n be_v secure_v by_o act_n of_o parliament_n this_o royal_a bank_n of_o credit_n will_v be_v able_a to_o issue_v out_o bill_n of_o credit_n to_o a_o vast_a extent_n that_o merchant_n will_v accept_v of_o rather_o than_o money_n most_o merchant_n in_o europe_n when_o they_o know_v the_o manner_n how_o the_o security_n of_o this_o fund_z be_v settle_v by_o act_n of_o parliament_n it_o not_o be_v in_o the_o power_n of_o the_o bank-corporation_n to_o injure_v any_o foreigner_n or_o native_a it_o will_v encourage_v they_o to_o accept_v of_o these_o bill_n rather_o than_o money_n the_o fund_z be_v unquestionable_a and_o no_o security_n in_o nature_n better_o their_o bill_n be_v more_o safe_a portable_a &_o transferrable_a than_o money_n and_o better_a than_o cash_n in_o the_o chest_n as_o gold_n be_v better_a than_o silver_n man_n may_v be_v rob_v of_o money_n in_o specie_fw-la and_o there_o be_v great_a trouble_n in_o the_o carry_n and_o recarry_v it_o now_o a_o bank-bill_n be_v free_a from_o all_o these_o trouble_n and_o have_v advantage_n beyond_o gold_n or_o silver_n this_o may_v be_v do_v by_o the_o corporation_n without_o any_o hazard_n or_o much_o trouble_n to_o any_o body_n and_o profit_n to_o every_o body_n if_o six_o hundred_o thousand_o pound_n or_o more_o be_v pay_v into_o the_o exchequer_n a_o corporation_n obtain_v there_o will_v be_v no_o great_a trouble_n in_o set_v up_o a_o fund_z or_o office_n in_o proper_a place_n or_o precinct_n the_o nation_n be_v divide_v already_o into_o county_n and_o hundred_o the_o state_v officer_n if_o they_o understand_v the_o nature_n of_o these_o bank_n may_v be_v content_v with_o i_o to_o put_v in_o two_o or_o three_o hundred_o pound_n each_o and_o to_o act_v upon_o this_o score_n no_o purchase_n no_o pay_n see_v there_o be_v so_o great_a a_o probability_n even_o next_o door_n to_o a_o certainty_n that_o all_o thing_n will_v succeed_v well_o and_o will_v advance_v and_o increase_v the_o riches_n of_o the_o nation_n beyond_o any_o thing_n the_o spanish_a indies_n can_v do_v if_o we_o have_v possess_v ourselves_o of_o they_o if_o it_o shall_v happen_v to_o miscarry_v there_o will_v be_v little_a labour_n lose_v and_o little_a or_o no_o money_n spend_v in_o a_o probable_a expectation_n of_o such_o a_o vast_a advantage_n every_o merchant_n that_o set_v out_o a_o cargo_n to_o the_o east_n or_o west-indies_n be_v at_o more_o trouble_n pro_fw-la rato_fw-la and_o run_v a_o great_a hazard_n for_o less_o benefit_n i_o must_v confess_v the_o broker_n and_o gripe_a usurer_n will_v have_v little_a benefit_n or_o advantage_n by_o this_o bank_n neither_o be_v it_o like_v to_o be_v profitable_a to_o they_o but_o i_o think_v i_o may_v confiderit_o say_v a_o million_o of_o people_n man_n woman_n and_o child_n native_n and_o foreigner_n shall_v be_v one_o way_n or_o other_o advantage_v to_o be_v sure_a they_o shall_v have_v no_o loss_n the_o manner_n how_o it_o may_v be_v do_v be_v thus_o divide_v the_o nation_n into_o precinct_n suppose_v many_o hundred_o in_o a_o precinct_n as_o the_o nature_n of_o the_o place_n and_o the_o reason_n of_o the_o thing_n shall_v require_v a_o county_n be_v too_o big_a a_o hundred_o be_v too_o little_a therefore_o cast_v so_o many_o hundred_o into_o a_o precinct_n as_o be_v convenient_a london_n westminster_n southwark_n and_o the_o adjacent_a suburb_n may_v be_v divide_v into_o several_a precinct_n as_o the_o nature_n of_o this_o thing_n will_v bear_v and_o office_n may_v be_v erect_v in_o most_o of_o the_o say_v precinct_n in_o convenient_a place_n to_o return_v money_n to_o any_o part_n of_o the_o city_n of_o london_n and_o westminster_n and_o what_o be_v do_v here_o may_v be_v practise_v through_o the_o whole_a nation_n where_o it_o be_v proper_a and_o desire_a as_o thus_o if_o a_o person_n at_o london_n desire_v money_n to_o be_v return_v to_o coventry_n or_o york_n he_o pay_v it_o in_o at_o the_o office_n in_o london_n and_o receive_v a_o bill_n of_o credit_n after_o their_o form_n write_v upon_o marble-paper_n indenture-wise_a or_o upon_o other_o paper_n as_o may_v be_v contrive_v to_o prevent_v counterfeit_v to_o receive_v it_o at_o coventry_n or_o york_n so_o that_o none_o need_v to_o carry_v any_o more_o money_n than_o just_a to_o defray_v his_o expense_n upon_o the_o road_n this_o will_v prevent_v manifold_a evil_n as_o to_o highway_n rob_v and_o money_n in_o a_o nation_n in_o motion_n in_o trade_n be_v like_o blood_n in_o the_o vein_n if_o it_o circulate_v in_o all_o part_n the_o body_n be_v in_o health_n if_o it_o be_v want_v in_o any_o part_n it_o languish_v as_o by_o experience_n we_o find_v these_o method_n in_o return_v money_n will_v supply_v remote_a part_n and_o great_o enliven_v trade_n and_o secure_v it_o and_o in_o time_n will_v give_v occasion_n to_o most_o in_o authority_n to_o repeal_n the_o act_n or_o statute_n of_o edward_n the_o first_o chap._n 9_o by_o which_o the_o hundred_o be_v bind_v to_o repay_v man_n rob_v no_o man_n need_v carry_v their_o own_o money_n if_o any_o man_n do_v let_v it_o be_v at_o their_o own_o peril_n and_o the_o life_n of_o many_o man_n lose_v in_o the_o defence_n of_o their_o money_n will_v be_v preserve_v now_o every_o man_n money_n be_v as_o safe_a in_o this_o bank_n as_o his_o cash_n in_o his_o own_o chest_n where_o it_o lie_v and_o pay_v he_o no_o interest_n till_o he_o lend_v it_o out_o or_o lay_v it_o out_o this_o he_o may_v do_v with_o his_o money_n and_o credit_n in_o the_o bank_n as_o soon_o as_o he_o can_v if_o any_o desire_n to_o leave_v his_o money_n in_o this_o office_n it_o may_v be_v upon_o such_o term_n as_o the_o office_n shall_v propose_v none_o be_v force_v to_o it_o nor_o urge_v to_o it_o unless_o they_o think_v that_o they_o can_v get_v by_o it_o these_o bill_n of_o credit_n will_v be_v transferrable_a man_n may_v transferr_v their_o credit_n from_o one_o to_o another_o at_o the_o office_n and_o also_o at_o a_o distance_n if_o they_o will_v run_v the_o risk_a of_o counterfeit_v the_o
generality_n of_o the_o people_n be_v content_a in_o their_o condition_n will_v certain_o keep_v they_o in_o awe_n methinks_v the_o bee_n by_o all_o possible_a mean_n preserve_v their_o king_n because_o their_o very_a be_v depend_v upon_o he_o be_v a_o perfect_a emblem_n of_o a_o people_n honour_v such_o a_o prince_n the_o people_n shall_v have_v advantage_n 1._o the_o poor_a 2._o the_o middle_a sort._n 3._o the_o rich._n 4._o the_o mariner_n 5._o the_o merchant_n as_o have_v be_v full_o show_v already_o 1._o the_o poor_a have_v most_o need_v i_o do_v not_o mean_v all_o shall_v be_v rich_a but_o the_o able_a poor_a may_v be_v employ_v and_o well_o pay_v for_o their_o work_n their_o child_n bring_v up_o to_o learning_n and_o labour_n and_o the_o nation_n free_v from_o those_o rate_n make_v in_o every_o parish_n to_o relieve_v the_o poor_a which_o in_o many_o place_n begin_v to_o grow_v great_o burdensome_a and_o which_o amount_v to_o seven_o hundred_o thousand_o pound_n per_fw-la 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good_n at_o the_o market_n price_n till_o better_a time_n come_v 3._o further_o the_o gentry_n that_o in_o a_o frolic_fw-ge run_v themselves_o in_o debt_n and_o in_o danger_n of_o ruine_v their_o family_n and_o extirpate_v their_o name_n and_o who_o former_o can_v not_o borrow_v four_o thousand_o pound_n upon_o one_o thousand_o a_o year_n without_o personal_a security_n of_o friend_n beside_o mortgage_v of_o their_o land_n may_v now_o borrow_v four_o thousand_o pound_n upon_o three_o hundred_o a_o year_n 4._o by_o the_o help_n of_o these_o bank_n timber_n will_v be_v preserve_v for_o ship_n and_o the_o seaman_n will_v not_o want_v ship_n if_o a_o person_n have_v but_o one_o or_o two_o hundred_o pound_n to_o lay_v the_o keel_n the_o bank_n may_v supply_v he_o with_o the_o rest_n upon_o the_o security_n of_o the_o ship_n 5._o infinite_a be_v the_o advantage_n of_o merchandise_v in_o general_a a_o merchant_n have_v three_o thousand_o pound_n stock_n and_o bring_v a_o cargo_n of_o good_n of_o that_o value_n into_o england_n immediate_o he_o may_v have_v three_o thousand_o pound_n at_o the_o bank_n upon_o these_o good_n and_o pay_v the_o office_n as_o he_o sell_v they_o and_o this_o he_o may_v do_v again_o and_o again_o as_o often_o as_o he_o please_v and_o with_o three_o thousand_o pound_n stock_n lie_v in_o fifteen_o thousand_o pound_n worth_a of_o commodity_n or_o good_n so_o that_o the_o stock_n our_o merchant_n now_o use_v in_o england_n may_v drive_v eight_o time_n the_o trade_n they_o now_o do_v between_o they_o and_o the_o bank_n if_o the_o parliament_n will_v admit_v they_o may_v engross_v the_o great_a part_n of_o the_o merchandise_n in_o europe_n and_o the_o carry_v and_o recarry_v their_o good_n and_o merchandise_n will_v employ_v our_o ship_n i_o may_v enlarge_v here_o to_o a_o volume_n but_o my_o design_n be_v only_o to_o give_v a_o hint_n of_o the_o great_a advantage_n these_o bank_n will_v bring_v to_o the_o nation_n i_o shall_v now_o compare_v our_o royal_a bank_n with_o foreign_a bank_n especial_o with_o those_o two_o famous_a one_o viz._n of_o amsterdam_n and_o venice_n amsterdam_n bank_n have_v its_o first_o rise_n from_o money_n leave_v in_o banker_n hand_n without_o interest_n the_o state_n of_o holland_n observe_v money_n be_v transmit_v from_o one_o to_o another_o by_o write_v off_o the_o credit_n from_o the_o debtor_n to_o the_o creditor_n and_o be_v seldom_o pay_v in_o specie_fw-la as_o practise_v in_o london_n by_o several_a wealthy_a citizen_n the_o state_n undertake_v to_o be_v security_n for_o all_o money_n leave_v in_o such_o officer_n hand_n as_o they_o appoint_v to_o all_o person_n that_o shall_v deposit_v their_o money_n with_o they_o which_o prove_v better_a than_o any_o private_a security_n hence_o plenty_n of_o money_n come_v in_o without_o interest_n to_o the_o value_n of_o two_o million_o sterling_a which_o be_v by_o experience_n find_v sufficient_a to_o drive_v their_o whole_a trade_n with_o ten_o time_n 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withal_o i_o can_v understand_v the_o creditor_n have_v any_o way_n to_o force_v the_o bank_n to_o pay_v he_o his_o money_n if_o the_o effect_n shall_v be_v expend_v any_o other_o way_n but_o every_o creditor_n may_v be_v in_o the_o same_o condition_n as_o the_o creditor_n of_o the_o african_a company_n be_v in_o when_o the_o hamburgh_n company_n and_o grocer_n fail_v they_o must_v all_o lose_v their_o money_n if_o the_o french_a king_n when_o he_o be_v so_o near_o amsterdam_n have_v take_v it_o and_o rifle_v the_o bank_n what_o will_v have_v become_v of_o the_o creditor_n now_o compare_v our_o bank_n with_o this_o if_o our_o nation_n shall_v be_v put_v hard_o upon_o by_o any_o foreign_a power_n the_o king_n may_v have_v from_o these_o enough_o to_o supply_v his_o want_n the_o parliament_n consent_v and_o approve_v and_o may_v tend_v to_o the_o overthrow_v of_o our_o enemy_n by_o sea_n and_o land_n and_o in_o so_o great_a a_o necessity_n shall_v our_o bank_n be_v drain_v if_o our_o country_n be_v save_v and_o our_o enemy_n defeat_v the_o land_n will_v remain_v and_o most_o of_o the_o money_n will_v be_v in_o the_o nation_n and_o all_o creditor_n may_v have_v satisfaction_n by_o their_o bill_n of_o credit_n be_v as_o useful_a as_o money_n and_o may_v be_v gradual_o satisfy_v with_o money_n in_o specie_fw-la as_o it_o can_v be_v raise_v and_o pay_v into_o the_o bank_n by_o the_o exchequer_n the_o bank_n at_o hamburgh_n be_v much_o of_o the_o same_o nature_n with_o that_o at_o amsterdam_n only_o they_o keep_v their_o whole_a fund_z in_o specie_fw-la and_o so_o it_o be_v much_o worse_o their_o money_n lie_v dead_a consider_v how_o money_n will_v abound_v in_o england_n if_o five_o million_o or_o ten_o million_o of_o ready_a money_n and_o credit_n currant_n equivalent_a to_o money_n shall_v in_o a_o little_a time_n be_v add_v to_o the_o present_a stock_n of_o the_o nation_n these_o bank_n probable_o will_v do_v all_o this_o and_o much_o more_o as_o to_o the_o bank_n at_o venice_n it_o be_v not_o of_o any_o long_a stand_n it_o have_v its_o rise_n from_o the_o dishonesty_n of_o the_o banker_n the_o banker_n of_o venice_n do_v just_a as_o some_o of_o our_o banker_n in_o england_n have_v do_v they_o get_v man_n money_n into_o their_o hand_n at_o interest_n and_o use_v it_o as_o be_v necessary_a to_o their_o best_a advantage_n that_o they_o may_v make_v a_o better_a profit_n of_o their_o money_n than_o the_o interest_n they_o pay_v and_o lend_v it_o out_o to_o insolvent_a person_n or_o lay_v it_o out_o in_o desperate_a case_n as_o our_o banker_n do_v hence_o when_o they_o be_v disappoint_v they_o do_v unavoidable_o break_v the_o creditor_n lose_v his_o money_n the_o commonwealth_n their_o trade_n for_o the_o banker_n get_v what_o he_o can_v and_o flee_v out_o of_o their_o territory_n as_o we_o do_v into_o the_o king_n
the_o commissioner_n and_o to_o deliver_v his_o receipt_n to_o they_o who_o sit_v round_o a_o great_a table_n with_o a_o great_a book_n before_o they_o insert_v the_o day_n of_o such_o payment_n the_o name_n of_o the_o commissioner_n receive_v the_o same_o and_o the_o name_n and_o abide_v of_o the_o person_n pay_v the_o same_o with_o their_o proper_a addition_n and_o the_o sum_n pay_v the_o party_n subscribe_v writing_n his_o name_n the_o form_n of_o the_o receipt_n give_v to_o all_o n_o o_o we_o who_o name_n be_v here_o under_o subscribe_v commissioner_n appoint_v by_o their_o majesty_n for_o take_v subscription_n for_o and_o towards_o the_o raise_n and_o pay_v into_o the_o receipt_n of_o the_o exchequer_n the_o sum_n of_o twelve_o hundred_o thousand_o pound_n pursuant_n to_o a_o act_n of_o parliament_n entitle_v a_o act_n for_o grant_v to_o their_o majesty_n several_a rate_n and_o duty_n upon_o tonnage_n of_o ship_n and_o vessel_n and_o upon_o beer_n ale_n and_o other_o liquor_n for_o secure_v certain_a recompense_n and_o advantage_n in_o the_o say_a act_n mention_v to_o such_o person_n as_o shall_v voluntary_o advance_v the_o sum_n of_o fifteen_o hundred_o thousand_o pound_n towards_o the_o carry_n on_o the_o war_n against_o france_n do_v hereby_o acknowledge_v and_o declare_v that_o j._n w._n of_o london_n citizen_n have_v this_o day_n subscribe_v the_o sum_n of_o and_o have_v pay_v to_o we_o the_o sum_n of_o be_v one_o four_o part_n of_o his_o say_a subscription_n according_a to_o the_o say_a act_n and_o commission_n witness_v our_o hand_n the_o ______o day_n of_o ______o in_o the_o year_n of_o our_o lord_n 1694._o june_n 21._o subscribe_v near_o 300000_o pound_n june_n 22._o subscribe_v near_o 200000_o pound_n june_n 23._o subscribe_v near_o 200000_o pound_n and_o from_o june_n 25._o to_o july_n 2._o the_o remain_a part_n of_o the_o 1200000_o l._n be_v subscribe_v which_o make_v they_o in_o a_o condition_n to_o be_v a_o corporation_n that_o the_o corporation_n may_v be_v settle_v to_o the_o satisfaction_n of_o the_o subscriber_n the_o commissioner_n or_o any_o five_o or_o more_o after_o the_o first_o of_o august_n or_o so_o soon_o as_o twelve_o hundred_o thousand_o pound_n be_v subscribe_v which_o shall_v first_o happen_v may_v affix_v public_a notice_n on_o the_o royal-exchange_n for_o all_o who_o have_v subscribe_v not_o less_o than_o five_o hundred_o pound_n and_o pay_v their_o four_o part_n in_o to_o meet_v on_o a_o day_n appoint_v which_o be_v not_o to_o be_v soon_o than_o four_o day_n nor_o late_a than_o eight_o day_n after_o the_o notice_n to_o elect_a member_n qualify_v as_o hereafter_o mention_v to_o be_v the_o first_o governor_n deputy_n and_o director_n of_o the_o intend_a corporation_n and_o that_o all_o the_o subscriber_n their_o heir_n etc._n etc._n may_v meet_v and_o choose_v out_o of_o the_o whole_a subscriber_n of_o who_o none_o shall_v have_v more_o than_o one_o vote_n one_o person_n who_o have_v subscribe_v in_o his_o own_o right_a four_o thousand_o pound_n at_o least_o and_o pay_v one_o four_o part_n thereof_o at_o least_o at_o the_o time_n of_o his_o subscription_n to_o be_v the_o first_o governor_n and_o one_o other_o person_n who_o have_v subscribe_v three_o thousand_o pound_n at_o least_o and_o pay_v in_o as_o aforesaid_a to_o be_v the_o first_o deputy-governour_n and_o twenty_o four_o other_o person_n each_o of_o which_o have_v several_o subscribe_v in_o their_o own_o right_n two_o thousand_o pound_n at_o least_o and_o pay_v in_o one_o four_o part_n thereof_o as_o aforesaid_a to_o be_v the_o first_o director_n which_o election_n shall_v be_v determine_v by_o the_o majority_n of_o vote_n then_o present_a and_o in_o case_n they_o be_v equal_a then_o by_o the_o commissioner_n or_o the_o majority_n of_o they_o that_o the_o person_n so_o elect_v shall_v be_v insert_v in_o the_o say_v intend_v charter_n and_o make_v the_o first_o governor_n deputy-governour_n and_o director_n to_o continue_v in_o their_o office_n from_o the_o date_n of_o the_o charter_n till_o the_o 25_o of_o march_n 1696._o and_o till_o other_o be_v choose_v in_o their_o place_n and_o swear_v subject_n nevertheless_o to_o the_o restriction_n and_o proviviso_n in_o the_o say_a act_n and_o to_o such_o other_o rule_n as_o shall_v be_v insert_v in_o the_o charter_n to_o be_v grant_v provide_v no_o subscriber_n shall_v be_v capable_a to_o vote_n in_o the_o election_n of_o the_o first_o governor_n deputy_n or_o director_n until_o he_o have_v take_v the_o oath_n follow_v viz._n the_o oath_n i_o a._n b._n do_v swear_v that_o the_o sum_n of_o five_o hundred_o pound_n by_o i_o subscribe_v or_o the_o sum_n of_o five_o hundred_o pound_n of_o the_o money_n by_o i_o subscribe_v be_v my_o own_o proper_a money_n for_o my_o own_o use_n and_o in_o my_o own_o right_n and_o not_o in_o trust_n for_o any_o person_n whatsoever_o provide_v nevertheless_o that_o any_o quaker_n who_o have_v subscribe_v five_o hundred_o pound_n as_o aforesaid_a and_o make_v and_o sign_v the_o declaration_n follow_v viz._n i_o a._n b._n do_v sincere_o and_o solemn_o declare_v in_o the_o presence_n of_o god_n that_o the_o sum_n of_o five_o hundred_o pound_n by_o i_o subscribe_v and_o so_o on_o as_o in_o the_o oath_n aforesaid_a shall_v be_v capable_a to_o vote_n in_o the_o say_a election_n of_o the_o first_o governor_n deputy_n or_o director_n provide_v that_o no_o subscriber_n shall_v be_v capable_a to_o be_v choose_v the_o first_o governor_n deputy_n or_o director_n unless_o he_o be_v a_o natural-born_a subject_n and_o have_v take_v a_o oath_n that_o the_o sum_n which_o in_o the_o respective_a case_n of_o governor_n deputy_n or_o director_n be_v requisite_a to_o be_v subscribe_v as_o aforesaid_a be_v his_o own_o proper_a money_n subscribe_v for_o his_o own_o use_n and_o in_o his_o own_o right_n and_o not_o in_o trust_n for_o any_o other_o person_n and_o any_o two_o of_o the_o commissioner_n be_v impower_v to_o administer_v the_o say_a oath_n and_o declaration_n to_o the_o person_n who_o be_v to_o be_v choose_v or_o be_v the_o first_o governor_n deputy_n and_o director_n what_o corporation_n native_n and_o foreigner_n may_v do_v corporation_n body_n politic_a and_o corporate_a may_v subscribe_v any_o sum_n not_o exceed_v twenty_o thousand_o pound_n pay_v down_o one_o four_o part_n to_o the_o commissioner_n at_o mercer_n chapel_n london_n and_o a_o second_o four_o part_n on_o or_o before_o the_o first_o day_n of_o october_n next_o and_o the_o other_o three_o and_o four_o part_n before_o the_o first_o of_o january_n 1694._o 2._o all_o native_n and_o foreigner_n may_v subscribe_v any_o sum_n not_o exceed_v ten_o thousand_o pound_n ditto_n to_o do_v and_o pay_v in_o as_o before-said_a the_o bank-corporation_n may_v purchase_v land_n rent_n tenement_n and_o hereditament_n of_o what_o kind_n soever_o and_o may_v also_o sell_v grant_v demise_n alien_n or_o dispose_v of_o the_o same_o may_v sue_v and_o implead_v and_o answer_v in_o all_o court_n of_o record_n or_o any_o other_o place_n whatsoever_o and_o do_v and_o execute_v all_o matter_n and_o thing_n by_o the_o name_n of_o the_o governor_n and_o company_n of_o the_o bank_n of_o england_n may_v borrow_v or_o give_v security_n by_o bill_n bond_n covenant_n or_o agreement_n under_o their_o common_a seal_n for_o any_o sum_n of_o money_n not_o exceed_v twelve_o hundred_o thousand_o pound_n may_v deal_v in_o bill_n of_o exchange_n home_o and_o foreign_a may_v buy_v bullion_n silver_n and_o gold_n may_v sell_v bullion_n silver_n and_o gold_n may_v sell_v any_o ware_n good_n or_o merchandize_n whatsoever_o which_o shall_v be_v leave_v or_o deposit_v with_o the_o say_a corporation_n for_o money_n lend_v and_o advance_v thereon_o not_o redeem_v at_o the_o time_n agree_v on_o or_o within_o three_o month_n after_o may_v sell_v such_o good_n as_o be_v the_o produce_v of_o land_n purchase_v by_o the_o say_a corporation_n may_v give_v out_o bill_n or_o bill_n obligatory_a and_o of_o credit_n under_o the_o seal_n of_o the_o say_a corporation_n to_o any_o person_n or_o person_n by_o endorsement_n thereon_o under_o the_o hand_n of_o such_o person_n or_o person_n may_v be_v assignable_a and_o assign_v to_o any_o person_n or_o person_n voluntary_o accept_v the_o same_o and_o so_o by_o such_o assign_v toties_fw-la quoties_fw-la by_o endorsement_n thereupon_o that_o such_o assignment_n and_o assignment_n so_o to_o be_v make_v shall_v vest_n and_o transfer_v the_o right_n and_o property_n in_o and_o to_o such_o bill_n or_o bill_n obligatory_a and_o of_o credit_n and_o the_o money_n due_a upon_o it_o he_o same_o and_o the_o assignee_n may_v sue_v in_o his_o own_o name_n on_o default_n what_o the_o bank-corporation_n may_v not_o do_v the_o corporation_n may_v not_o monopolise_v or_o engross_v or_o buy_v up_o any_o sort_n of_o good_n ware_n merchandize_n whatsoever_o with_o the_o stock-mony_n or_o effect_n belong_v to_o the_o say_a corporation_n in_o so_o do_v they_o shall_v forfeit_v for_o every_o such_o deal_v and_o trade_n treble_a the_o value_n of_o the_o good_n and_o merchandize_n so_o trade_v for_o they_o may_v not_o upon_o any_o account_n of_o the_o corporation_n at_o any_o time_n or_o time_n purchase_v land_n or_o rent_n belong_v to_o the_o crown_n or_o advance_v or_o lend_v to_o their_o majesty_n their_o heir_n and_o successor_n any_o sum_n or_o sum_n of_o money_n by_o way_n of_o loan_n or_o anticipation_n upon_o any_o part_n or_o part_n branch_n or_o branch_n fund_z or_o fund_n of_o the_o revenue_n grant_v or_o hereafter_o to_o be_v grant_v or_o belong_v to_o their_o majesty_n their_o heir_n or_o successor_n in_o so_o do_v they_o shall_v forfeit_v treble_a the_o value_n of_o every_o such_o sum_n or_o sum_n of_o money_n so_o lend_v the_o one_o five_o part_n to_o the_o informer_n and_o the_o residue_n towards_o public_a uses_n as_o the_o parliament_n shall_v direct_v and_o not_o otherwise_o any_o bond_n bill_n covenant_n agreement_n write_n make_v seal_v or_o give_v under_o their_o common_a seal_n for_o any_o money_n or_o good_n every_o member_n or_o member_n of_o the_o corporation_n their_o heir_n executor_n or_o administrator_n in_o their_o private_a and_o personal_a capacity_n be_v chargeable_a and_o liable_a in_o proportion_n to_o their_o several_a share_n or_o subscription_n to_o the_o re-payment_n of_o all_o money_n so_o lend_v with_o interest_n for_o the_o same_o and_o a_o action_n of_o debt_n may_v be_v bring_v commence_v prosecute_v maintain_v in_o any_o of_o their_o majesty_n court_n of_o record_n against_o all_o and_o every_o or_o any_o one_o or_o more_o of_o the_o member_n of_o the_o say_a corporation_n their_o heir_n executor_n or_o administrator_n in_o proportion_n to_o their_o share_n or_o subscription_n and_o have_v judgement_n against_o every_o person_n or_o person_n as_o aforesaid_a as_o if_o the_o security_n be_v seal_v by_o the_o person_n so_o sue_v any_o condition_n to_o the_o contrary_a notwithstanding_o in_o action_n so_o bring_v no_o privilege_n essoign_n protection_n or_o wager_n of_o law_n nor_o any_o more_o than_o one_o imparlance_n shall_v be_v allow_v the_o corporation_n may_v not_o permit_v nor_o suffer_v any_o person_n or_o person_n whatsoever_o in_o trust_n for_o they_o to_o trade_n with_o any_o of_o the_o stock_n monies_n or_o effect_n of_o or_o any_o way_n belong_v to_o the_o say_a corporation_n and_o if_o they_o permit_v it_o shall_v forfeit_v for_o every_o such_o deal_v and_o trade_n treble_a the_o value_n of_o all_o good_n and_o merchandise_n so_o trade_v for_o all_o amercement_n fine_n and_o issue_n against_o the_o corporation_n on_o account_n of_o any_o suit_n or_o action_n shall_v not_o be_v pardon_v or_o discharge_v by_o any_o letter_n of_o signet_n privy-seal_n or_o great-seal_n any_o person_n or_o person_n obtain_v judgement_n against_o the_o corporation_n bring_v it_o to_o the_o exchequer_n the_o officer_n be_v require_v to_o pay_v the_o same_o sum_n or_o sum_n to_o the_o plaintiff_n in_o the_o say_a execution_n mention_v who_o receipt_n shall_v be_v a_o full_a discharge_v for_o the_o same_o and_o may_v retain_v so_o much_o of_o the_o yearly_o sum_n of_o one_o hundred_o thousand_o pound_n as_o the_o say_a debt_n shall_v amount_v to_o finis_fw-la
bill_n they_o may_v assign_v their_o interest_n in_o the_o office_n so_o far_o as_o the_o bill_n go_v to_o who_o they_o please_v who_o shall_v have_v the_o same_o right_n of_o receive_v the_o money_n as_o the_o party_n have_v to_o who_o it_o be_v first_o give_v and_o for_o the_o security_n of_o all_o who_o shall_v lodge_v money_n in_o the_o bank_n the_o whole_a estate_n of_o the_o corporation_n payable_a out_o of_o the_o exchequer_n as_o the_o act_n direct_v be_v liable_a to_o make_v good_a all_o the_o act_n and_o miscarriage_n of_o the_o office_n of_o bank_n which_o be_v a_o unquestionable_a security_n to_o all_o that_o deposit_v money_n in_o these_o bank_n what_o the_o benefit_n of_o these_o bank_n may_v be_v with_o the_o objection_n answer_v 1._o it_o be_v evident_a the_o national_a cash_n in_o time_n will_v pass_v through_o these_o bank_n the_o money_n be_v there_o no_o native_n or_o foreigner_n will_v take_v it_o out_o unless_o for_o small_a expense_n for_o money_n in_o the_o bank_n will_v be_v better_o than_o cash_n in_o the_o chest_n more_o portable_a more_o transferrable_a and_o of_o more_o value_n by_o two_o in_o the_o hundred_o than_o cash_n in_o the_o chest_n 2._o no_o person_n will_v have_v cause_n to_o question_v the_o safety_n of_o his_o money_n or_o the_o credit_n of_o the_o bank_n for_o the_o government_n will_v have_v effect_n in_o their_o hand_n to_o answer_v all_o credit_n give_v out_o be_v oblige_v never_o to_o answer_v any_o credit_n unless_o he_o receive_v a_o debtor_n to_o balance_v it_o 3._o the_o government_n must_v make_v good_a their_o loss_n so_o far_o as_o their_o security_n go_v which_o will_v not_o easy_o be_v exceed_v to_o be_v sure_a the_o corporation_n creditor_n be_v at_o no_o loss_n for_o every_o man_n interest_n in_o the_o corporation_n be_v liable_a to_o make_v good_a the_o creditor_n safe_a unless_o the_o kingdom_n be_v destroy_v which_o will_v rare_o be_v obj._n 1_o man_n will_v take_v their_o money_n out_o some_o man_n will_v keep_v it_o to_o lock_v up_o ans_fw-fr i_o do_v not_o intend_v to_o give_v a_o reason_n for_o the_o action_n of_o child_n or_o fool_n they_o may_v if_o they_o please_v no_o wise_a man_n will_v make_v his_o money_n worse_o than_o it_o be_v be_v take_v out_o it_o be_v not_o so_o safe_a so_o portable_a as_o before_o and_o every_o way_n worse_o these_o thing_n be_v admit_v that_o a_o great_a part_n of_o the_o run_a cash_n of_o the_o nation_n will_v be_v bring_v into_o these_o bank_n and_o when_o there_o will_v keep_v there_o all_o person_n will_v take_v a_o bill_n of_o credit_n rather_o than_o money_n the_o bank_n will_v have_v great_a credit_n and_o be_v in_o a_o condition_n to_o lend_v money_n at_o a_o low_a interest_n and_o great_a will_v be_v the_o gain_n i_o need_v say_v no_o more_o let_v all_o man_n make_v their_o deduction_n concern_v what_o their_o advantage_n may_v be_v the_o concern_v be_v general_a affect_v the_o whole_a nation_n many_o can_v see_v where_o the_o advantage_n lie_v for_o a_o general_a satisfaction_n i_o will_v show_v wherein_o these_o bank_n will_v be_v profitable_a to_o the_o nation_n to_o the_o crown_n to_o the_o people_n the_o nation_n be_v one_o great_a family_n if_o a_o particular_a person_n get_v the_o nation_n get_v 1._o the_o riches_n of_o the_o nation_n will_v increase_v and_o england_n may_v become_v the_o empory_n of_o the_o world_n in_o trade_n 2._o the_o fishery_n the_o linen_n and_o paper-manufacture_n with_o other_o may_v be_v encourage_v to_o a_o perfection_n and_o reform_v from_o manifold_a imperfection_n and_o neglect_v by_o the_o help_n of_o these_o bank_n and_o the_o aforesaid_a manufacture_n three_o hundred_o thousand_o pair_n of_o lazy_a hand_n may_v be_v employ_v to_o get_v six_o penny_n per_fw-la diem_fw-la all_o the_o year_n round_o which_o will_v not_o be_v less_o than_o ten_o hundred_o thousand_o pound_n per_fw-la annum_fw-la save_v to_o the_o kingdom_n the_o poor_a be_v employ_v will_v consume_v no_o more_o clothes_n or_o victual_n when_o they_o work_v than_o they_o do_v now_o be_v idle_a obj._n 2._o we_o make_v more_o good_n than_o we_o can_v consume_v or_o the_o world_n will_v utter_v ans_fw-fr people_n will_v increase_v for_o trade_n will_v bring_v in_o people_n as_o well_o as_o riches_n to_o the_o nation_n where_o trade_n be_v there_o will_v be_v employment_n where_o employment_n be_v there_o will_v people_n resort_v where_o people_n be_v there_o will_v be_v consumption_n of_o all_o commodity_n these_o bank_n be_v once_o settle_v trade_n will_v flourish_v the_o dutch_a french_a and_o flemish_a and_o people_n from_o all_o part_n of_o europe_n that_o have_v estate_n or_o can_v raise_v money_n will_v resort_v hither_o to_o enjoy_v themselves_o and_o their_o estate_n under_o so_o gracious_a and_o indulgent_a a_o king_n and_o queen_n it_o be_v not_o a_o contemptible_a consideration_n that_o these_o bank_n will_v be_v great_a satisfaction_n and_o security_n to_o the_o nation_n whilst_o all_o the_o world_n that_o trade_n with_o we_o will_v have_v a_o kindness_n for_o we_o especial_o when_o these_o bank_n keep_v their_o money_n they_o will_v do_v all_o they_o can_v to_o preserve_v their_o cashier_v lest_o they_o shall_v lose_v their_o estate_n have_v nothing_o but_o a_o bill_n of_o credit_n for_o it_o i_o appeal_v for_o the_o confirmation_n of_o this_o to_o all_o those_o that_o have_v credit_n upon_o the_o bank_n of_o amsterdam_n what_o thought_n they_o have_v when_o the_o french_a king_n be_v near_o those_o gate_n and_o whether_o they_o will_v not_o have_v divert_v he_o have_v it_o be_v in_o their_o power_n pray_v god_n he_o come_v not_o there_o again_o obj._n 3_o we_o have_v too_o many_o people_n already_o ans_fw-fr it_o be_v evident_a that_o the_o riches_n of_o a_o kingdom_n be_v the_o people_n of_o the_o nation_n land_n be_v at_o a_o great_a rate_n where_o people_n be_v numerous_a as_o about_o london_n but_o in_o america_n where_o people_n be_v few_o they_o be_v little_a worth_n and_o this_o be_v true_a that_o people_n unemployed_a be_v as_o caterpillar_n to_o plant_n and_o worm_n to_o wood_n that_o only_o waste_v the_o product_n of_o industrious_a hand_n i_o propose_v employment_n and_o there_o be_v no_o doubt_n that_o the_o consumption_n of_o the_o people_n be_v not_o so_o much_o as_o the_o product_n of_o their_o labour_n which_o be_v the_o real_a riches_n and_o strength_n of_o the_o nation_n and_o the_o more_o the_o merry_a like_o bee_n in_o a_o hive_n and_o better_a cheer_n too_o the_o crown_n may_v be_v supply_v with_o whatsoever_o be_v necessary_a and_o the_o prince_n may_v have_v whatsoever_o humane_a nature_n be_v capable_a of_o in_o this_o great_a abundance_n nothing_o will_v be_v reasonable_o deny_v to_o the_o king_n only_o his_o hand_n will_v be_v tie_v with_o these_o silken_a cord_n to_o keep_v that_o station_n the_o constitution_n of_o this_o government_n have_v set_v he_o in_o a_o considerable_a share_n may_v if_o the_o parliament_n please_v be_v ascertain_v to_o the_o crown_n out_o of_o the_o clear_a profit_n the_o prince_n and_o people_n ought_v to_o grow_v together_o else_o the_o body_n politic_a will_v be_v monstrous_a upon_o a_o sudden_a emergency_n here_o will_v be_v ready_a money_n to_o equip_v armado_n provide_v army_n levy_v soldier_n and_o when_o there_o be_v leisure_n for_o deliberation_n and_o that_o the_o parliament_n and_o king_n judge_v it_o requisite_a these_o bank_n may_v be_v in_o a_o capacity_n to_o supply_v the_o crown_n with_o whatever_o money_n it_o need_v at_o a_o reasonable_a rate_n suppose_v it_o shall_v be_v a_o million_o if_o the_o bank_n be_v certain_o repay_v this_o million_o in_o ten_o year_n that_o be_v one_o hundred_o thousand_o pound_n a_o year_n the_o credit_n of_o the_o bank_n be_v not_o impair_v and_o so_o in_o proportion_n any_o sum_n over_o or_o under_o this_o how_o easy_o will_v tax_n be_v bear_v imposition_n be_v heavy_a when_o people_n be_v poor_a but_o when_o rent_n rise_v trade_n flourish_v and_o money_n be_v plentiful_a a_o man_n that_o get_v a_o hundred_o pound_n a_o year_n can_v better_o pay_v ten_o pound_n than_o he_o that_o get_v but_o ten_o pound_n a_o a_o year_n can_v pay_v ten_o shilling_n the_o benefit_n that_o accrue_v to_o the_o crown_n in_o these_o and_o many_o more_o particular_n be_v very_o pleasant_a to_o reflect_v upon_o o_o that_o reverence_n that_o all_o person_n will_v have_v for_o such_o a_o prince_n that_o put_v they_o into_o such_o a_o condition_n and_o by_o his_o prudent_a management_n keep_v they_o in_o such_o a_o flourish_a estate_n when_o the_o people_n yoke_n be_v line_v with_o peace_n and_o plenty_n it_o will_v make_v they_o cheerful_a under_o it_o and_o not_o desirous_a to_o shake_v it_o off_o if_o some_o few_o shall_v surfeit_v and_o grow_v wanton_a the_o
bench._n the_o state_n find_v such_o intolerable_a inconvenience_n as_o we_o have_v do_v if_o man_n lend_v out_o their_o money_n many_o time_n they_o lose_v it_o if_o it_o lie_v dead_a by_o they_o trade_n dwindle_n away_o by_o this_o stagnation_n just_o in_o such_o a_o case_n and_o time_n as_o this_o the_o state_n set_v up_o their_o bank_n and_o their_o officer_n become_v cashier_v as_o at_o amsterdam_n for_o about_o two_o million_o of_o ducat_n a_o bank_n sufficient_a for_o their_o trade_n which_o be_v keep_v in_o specie_fw-la to_o be_v take_v or_o pay_v out_o as_o the_o merchant_n desire_v it_o until_o the_o necessity_n of_o their_o affair_n in_o 1668_o their_o turkish_a war_n force_v they_o to_o expend_v all_o their_o money_n in_o specie_fw-la which_o be_v lodge_v in_o their_o bank_n now_o there_o be_v no_o money_n at_o all_o neither_o be_v any_o money_n in_o specie_fw-la ever_o pay_v out_o but_o their_o bank_n be_v a_o perfect_a credit-bank_n and_o their_o fund_z be_v a_o mere_a imaginary_a thing_n yet_o because_o the_o fund_z be_v as_o i_o say_v four_o million_o of_o ducat_n which_o venice_n be_v able_a to_o raise_v and_o the_o state_n have_v oblige_v to_o pay_v though_o they_o be_v never_o like_a to_o pay_v one_o farthing_n of_o it_o to_o the_o end_n of_o the_o world_n and_o all_o man_n accept_v of_o this_o credit_n as_o money_n nay_o since_o it_o have_v be_v in_o this_o condition_n the_o very_a credit_n have_v be_v worth_a twenty_o per_fw-la cent._n more_o than_o cash_n in_o specie_fw-la all_o merchant_n trade_v thither_o can_v tell_v you_o credit_v in_o the_o bank_n be_v much_o better_a than_o cash_n in_o the_o chest_n the_o reason_n be_v what_o i_o have_v aforemention_v credit_n in_o the_o bank_n be_v more_o safe_a more_o portable_a and_o more_o transferrable_a than_o money_n in_o specie_fw-la and_o so_o of_o great_a value_n as_o gold_n be_v better_a than_o silver_n many_o year_n since_o credit_n in_o the_o bank_n at_o venice_n as_o some_o merchant_n live_v now_o may_v remember_v be_v better_a than_o cash_n in_o specie_fw-la by_o more_o than_o twenty_o in_o the_o hundred_o which_o the_o state_n find_v inconvenient_a for_o their_o trade_n and_o can_v not_o by_o any_o law_n suppress_v this_o excessive_a exchange_n though_o they_o be_v advise_v by_o a_o sagacious_a merchant_n to_o bring_v money_n into_o bank_n in_o specie_fw-la to_o answer_v their_o credit_n thus_o do_v it_o bring_v down_o their_o exchange_n hence_o some_o merchant_n think_v the_o credit_n of_o the_o bank_n impair_v because_o the_o exchange_n fall_v when_o as_o it_o prove_v quite_o contrary_a the_o bank_n pay_v money_n in_o specie_fw-la in_o write_v off_o the_o credit_n from_o one_o to_o another_o this_o make_v the_o exchange_n less_o as_o attest_v by_o a_o merchant_n long_o since_o live_v upon_o the_o place_n though_o i_o believe_v some_o in_o this_o giddy_a age_n of_o we_o may_v think_v it_o a_o romance_n now_o for_o their_o satisfaction_n i_o will_v answer_v one_o objection_n obj._n what_o use_v can_v the_o creditor_n make_v of_o this_o credit_n in_o the_o bank_n that_o it_o shall_v be_v of_o such_o a_o value_n you_o acknowledge_v no_o money_n can_v be_v have_v ans_fw-fr suppose_v between_o ten_o and_o twelve_o a_o clock_n this_o bank_n be_v open_a to_o transmit_v credit_n from_o one_o to_o another_o as_o soon_o as_o credit_n be_v transmit_v several_a person_n be_v attend_v who_o will_v instant_o apply_v themselves_o to_o the_o new_a creditor_n to_o know_v of_o he_o whether_o he_o will_v sell_v his_o credit_n in_o bank_n for_o money_n in_o specie_fw-la which_o they_o be_v ready_a to_o give_v to_o he_o at_o the_o price_n currant_n because_o they_o can_v make_v something_o more_o of_o the_o credit_n by_o sell_v it_o off_o to_o other_o than_o they_o pay_v as_o our_o broker_n do_v of_o what_o they_o buy_v when_o money_n be_v pay_v in_o specie_fw-la it_o be_v no_o better_a than_o such_o money_n in_o specie_fw-la and_o so_o can_v not_o be_v change_v for_o profit_n any_o more_o than_o one_o peny-loaf_n will_v exchange_v for_o another_o to_o any_o advantage_n the_o case_n be_v something_o like_o this_o at_o the_o bank_n in_o holland_n where_o the_o exchange_n be_v two_o or_o three_o sometime_o four_o per_n cent._n exchange_n not_o because_o dollar_n in_o bank_n be_v so_o much_o better_a than_o dollar_n currant_n though_o there_o be_v a_o difference_n but_o because_o credit_v in_o bank_n be_v more_o safe_a more_o portable_a and_o more_o transferrable_a than_o cash_n in_o specie_fw-la be_v ducat_n in_o bank_n must_v needs_o be_v better_a than_o cash_n in_o the_o chest_n because_o they_o lie_v there_o untell_v and_o be_v never_o stir_v the_o waste_n of_o our_o silver_n by_o carry_v recarrying_a and_o frequent_a tell_v it_o be_v no_o small_a loss_n in_o seven_o year_n as_o we_o have_v find_v to_o our_o woeful_a experience_n in_o clip_a money_n if_o ever_o our_o money_n become_v a_o commodity_n as_o it_o may_v be_v without_o doubt_n or_o inconveniency_n now_o these_o bank_n be_v set_v up_o at_o home_n it_o be_v true_a a_o thin_a clip_v half-crown_n or_o shilling_n or_o sixpence_n pass_v for_o half_a a_o crown_n or_o shilling_n or_o sixpence_n in_o the_o nation_n and_o be_v not_o worth_a half_a the_o value_n in_o holland_n or_o france_n where_o the_o intrinsic_a value_n and_o not_o the_o coin_n be_v consider_v a_o wise_a man_n think_v bank-money_n for_o this_o cause_n be_v better_a than_o wear_v money_n in_o holland_n where_o it_o may_v be_v export_v at_o pleasure_n and_o therefore_o be_v value_v according_a to_o its_o weight_n and_o fineness_n not_o its_o denomination_n our_o bank_n in_o england_n will_v be_v far_o better_a than_o the_o venetian_a bank_n which_o be_v under_o most_o of_o the_o same_o inconvenience_n as_o that_o at_o amsterdam_n as_o do_v plain_o appear_v by_o reflect_v upon_o what_o have_v be_v say_v doubtless_o a_o bill_n of_o credit_n upon_o bank_n or_o credit_v transfer_v will_v be_v more_o valuable_a here_o in_o england_n when_o once_o the_o true_a state_n of_o they_o be_v right_o understand_v and_o practise_v as_o well_o as_o it_o be_v at_o venice_n and_o amsterdam_n nay_o it_o will_v be_v better_o i_o shall_v leave_v every_o man_n to_o make_v far_a inference_n as_o they_o please_v their_o own_o occasion_n and_o necessity_n will_v teach_v all_o man_n to_o make_v their_o advantage_n of_o this_o credit_n to_o conclude_v it_o will_v make_v the_o king_n great_a the_o gentry_n rich_a the_o farmer_n flourish_n the_o merchant_z trade_n ship_n increase_v seaman_n to_o be_v employ_v set_v up_o new_a manufacture_n and_o encourage_v the_o old_a what_o may_v not_o such_o a_o king_n be_v and_o do_v that_o reign_v over_o such_o a_o people_n who_o be_v not_o inferior_a to_o any_o in_o courage_n and_o doubtless_o their_o spirit_n will_v rise_v high_o when_o they_o find_v they_o have_v purse_n superior_a to_o all_o proposal_n to_o increase_v trade_n by_o way_n of_o a_o lumber-office_n proposal_n to_o increase_n trade_n etc._n etc._n which_o may_v advance_v their_o majesty_n revenue_n and_o glory_n of_o the_o nation_n without_o any_o hazard_n or_o charge_n to_o any_o body_n with_o apparent_a profit_n to_o every_o body_n humble_o present_v to_o their_o most_o sacred_a majesty_n king_n william_n and_o queen_n mary_n which_o i_o pray_v may_v be_v of_o use_n to_o they_o who_o it_o shall_v please_v their_o most_o sacred_a majesty_n to_o honour_n in_o be_v governor_n deputy-governour_n and_o director_n to_o the_o corporation_n for_o a_o bank_n of_o credit_n in_o england_n late_o confirm_v by_o the_o king_n in_o parliament_n may_v it_o please_v your_o most_o excellent_a majesty_n since_o your_o subject_n have_v not_o all_o thing_n necessary_a to_o enable_v they_o to_o be_v useful_a to_o increase_v the_o trade_n of_o your_o kingdom_n therefore_o to_o their_o plentiful_a be_v there_o be_v a_o necessity_n of_o exchange_v one_o thing_n for_o another_o they_o do_v not_o always_o meet_v with_o a_o opportunity_n of_o exchange_v of_o what_o they_o have_v of_o superfluity_n for_o what_o they_o want_v therefore_o necessity_n do_v enforce_v they_o to_o find_v out_o some_o medium_fw-la of_o commerce_n when_o this_o medium_fw-la grow_v scarce_a trading_n will_v be_v low_a and_o all_o home_n commodity_n that_o be_v the_o product_n of_o your_o growth_n as_o wollen-cloth_n linen_n cloth_n tinn_n lead_v etc._n etc._n will_v be_v all_o cheap_a as_o at_o this_o day_n these_o inconvenience_n may_v be_v avoid_v if_o another_o medium_fw-la that_o cost_v nothing_o as_o transferrable_a as_o money_n may_v be_v find_v out_o credit_v that_o will_v never_o fail_v found_v upon_o commodity_n from_o our_o own_o growth_n may_v in_o great_a payment_n every_o way_n answer_v money_n for_o money_n be_v nothing_o but_o a_o medium_fw-la of_o commerce_n a_o security_n that_o when_o we_o part_v
the_o ship_n be_v not_o there_o they_o lodge_v they_o in_o a_o warehouse_n take_v a_o bill_n of_o the_o warehouse-keeper_n that_o they_o have_v such_o good_n there_o this_o bill_n will_v pass_v current_o as_o money_n so_o far_o as_o the_o ware-house-keeper_n be_v know_v much_o more_o it_o will_v do_v so_o here_o this_o practice_n may_v be_v improve_v obj._n 2._o no_o body_n will_v trust_v such_o a_o office_n of_o a_o bank_n at_o first_o set_v up_o till_o by_o a_o long_a tract_n of_o time_n people_z be_v habituate_v to_o it_o ans_fw-fr 1._o all_o man_n do_v trust_v every_o day_n worse_o security_n to_o be_v sure_a there_o be_v no_o better_a in_o england_n than_o this_o bank_n thus_o settle_v by_o act_n of_o parliament_n wise_a man_n that_o know_v there_o be_v a_o fund_z keep_v in_o good_a hand_n will_v never_o scruple_n it_o and_o middle_a witted_a man_n in_o a_o little_a time_n will_v follow_v their_o example_n 2._o if_o man_n shall_v be_v so_o scrupulous_a as_o not_o to_o adventure_v their_o good_n upon_o a_o bill_n of_o credit_n upon_o the_o bank_n they_o may_v trust_v other_o upon_o bond_n and_o be_v deceive_v obj._n 3_o man_n may_v be_v injure_v in_o their_o good_n and_o oppress_v by_o the_o person_n supervise_v this_o office_n ans_fw-fr 1._o so_o they_o may_v by_o their_o servant_n at_o home_n 2._o they_o may_v complain_v to_o the_o government_n who_o have_v good_a security_n for_o the_o officer_n honesty_n obj._n 4._o it_o will_v be_v troublesome_a to_o transmit_v credit_n thus_o from_o one_o to_o another_o ans_fw-fr it_o will_v be_v far_o more_o easy_a than_o if_o any_o man_n have_v cash_n in_o his_o chest_n suppose_v a_o merchant_n have_v credit_n for_o one_o thousand_o pound_n which_o he_o be_v to_o pay_v to_o twenty_o person_n he_o desire_v they_o all_o to_o meet_v he_o at_o the_o bank-office_n and_o there_o write_v off_o credit_n from_o himself_o to_o they_o with_o more_o ease_n than_o he_o can_v tell_v the_o money_n obj._n 5._o it_o will_v be_v discredit_v to_o young_a man_n to_o pledge_v their_o good_n especial_o at_o their_o first_o set_v up_o ans_fw-fr 1._o if_o none_o but_o necessitous_a person_n do_v bring_v in_o their_o good_n to_o this_o office_n it_o will_v be_v so_o but_o the_o rich_a citizen_n if_o they_o design_v their_o own_o good_a will_v deposit_v their_o good_n in_o this_o office_n if_o they_o do_v it_o will_v be_v great_a profit_n which_o will_v take_v off_o the_o scandal_n 2._o many_o people_n that_o do_v not_o need_v money_n at_o all_o will_v lodge_v their_o good_n into_o this_o bank-office-ware-house_n rather_o than_o their_o own_o cellar_n mere_o for_o the_o conveniency_n of_o sell_v they_o as_o i_o have_v show_v in_o the_o twelve_o particular_a 3._o person_n of_o the_o middle_a sort_n of_o good_a credit_n and_o in_o no_o great_a necessity_n for_o money_n will_v lay_v in_o their_o good_n here_o for_o profit_n to_o have_v money_n at_o ....._o per_fw-la cent._n as_o suppose_v a_o merchant_n land_n a_o cargo_n of_o three_o thousand_o pound_n worth_a of_o good_n lay_v they_o into_o the_o bank_n and_o take_v credit_n upon_o they_o for_o two_o thousand_o pound_n at_o ...._o per_fw-la cent._n with_o which_o he_o prepare_v for_o another_o voyage_n before_o his_o good_n bring_v in_o be_v sell_v and_o so_o drive_v a_o double_a trade_n with_o half_a the_o stock_n i_o see_v no_o reason_n why_o our_o great_a east-india_n company_n and_o other_o in_o corporation_n in_o london_n and_o in_o the_o country_n who_o be_v at_o great_a interest_n for_o money_n may_v not_o with_o profit_n the_o hinge_v upon_o which_o most_o merchant_n move_v lay_v their_o good_n here_o where_o they_o may_v upon_o better_a term_n and_o be_v discharge_v of_o this_o when_o they_o please_v these_o thing_n be_v grant_v it_o can_v be_v no_o discredit_v be_v none_o know_v who_o lay_v in_o his_o good_n out_o of_o necessity_n and_o who_o out_o of_o choice_n obj._n 6._o the_o charge_n will_v be_v great_a ans_fw-fr 1._o the_o interest_n be_v but_o ...._o per_fw-la cent._n 2._o a_o allowance_n for_o the_o warehouse_n room_n must_v be_v proportionable_a to_o the_o good_n as_o they_o be_v more_o or_o less_o bulky_a as_o it_o be_v in_o other_o place_n 3._o the_o appraize_v register_n stow_v careful_a keep_v they_o from_o accidental_a damage_n may_v be_v for_o every_o five_o pound_n ...._o the_o transmit_v of_o the_o credit_n it_o need_v not_o be_v excessive_a suppose_v for_o every_o five_o pound_n ...._o for_o every_o twenty_o five_o pound_n ...._o for_o fifty_o pound_n ...._o for_o a_o hundred_o pound_n ....._o this_o be_v nothing_o like_o borrow_v money_n of_o the_o scrivener_n where_o their_o security_n be_v usual_o settle_v at_o a_o tavern_n and_o the_o borrower_n pay_v the_o reckon_a obj._n 7._o man_n will_v have_v money_n and_o not_o credit_n such_o have_v be_v the_o custom_n of_o the_o nation_n ans_fw-fr man_n desire_v credit_n at_o venice_n though_o never_o answer_v out_o of_o the_o bank_n in_o specie_fw-la rather_o than_o money_n because_o it_o be_v more_o safe_a and_o more_o transferable_a than_o money_n be_v so_o they_o will_v do_v here_o when_o they_o know_v what_o be_v best_a their_o ease_n security_n and_o interest_n will_v bias_n they_o to_o choose_v it_o but_o if_o they_o will_v have_v money_n they_o may_v at_o market-price_n obj._n 8._o where_o shall_v the_o bank_n have_v money_n ans_fw-fr all_o money_a man_n if_o kind_a to_o themselves_o will_v lodge_v their_o money_n here_o without_o fear_n and_o sleep_v secure_o and_o may_v afford_v to_o give_v ...._o per_fw-la cent._n because_o it_o may_v so_o happen_v they_o may_v have_v or_o make_v ....._o per_fw-la cent._n by_o lend_v out_o these_o bill_n upon_o personal_a security_n the_o benefit_n arise_v from_o these_o bank_n must_v needs_o be_v great_a 1._o the_o bank_n have_v the_o benefit_n of_o the_o interest_n of_o whatever_o credit_n they_o issue_v out_o for_o nothing_o if_o it_o shall_v be_v to_o the_o value_n of_o twenty_o four_o hundred_o thousand_o pound_n sterling_a 2._o the_o coin_n of_o the_o nation_n will_v be_v much_o improve_v and_o immediate_o money_a man_n will_v lodge_v their_o money_n in_o these_o bank_n out_o of_o choice_n and_o it_o will_v be_v their_o interest_n to_o give_v ...._o per_fw-la cent._n because_o they_o may_v let_v out_o their_o credit_n at_o six_o per_fw-la cent_n again_o and_o because_o bill_n and_o bond_n lie_v dead_a the_o bank_n let_v out_o the_o money_n in_o specie_fw-la leave_v with_o they_o which_o be_v in_o motion_n also_o 3._o whereas_o before_o the_o money_n be_v only_o the_o run_a cash_n of_o the_o nation_n now_o the_o credit_n found_v upon_o this_o money_n be_v as_o much_o a_o run_a cash_n as_o the_o money_n itself_o the_o run_a cash_n of_o the_o nation_n will_v be_v great_o increase_v answerable_a to_o the_o credit_n issue_v out_o let_v it_o be_v what_o it_o will_v it_o will_v be_v great_a 4._o it_o will_v give_v life_n to_o trade_n for_o ever_o and_o all_o husbandry_n and_o growth_n and_o art_n upon_o manufacture_n will_v be_v great_o improve_v and_o increase_v proportionable_a to_o the_o credit_n raise_v in_o these_o bank_n 5._o it_o will_v make_v england_n and_o ireland_n so_o convenient_o situate_v for_o the_o trade_n of_o the_o world_n store_v with_o safe_a harbour_n and_o blessed_v with_o manifold_a improvement_n in_o manufacture_n woollen_a linen_n paper_n etc._n etc._n and_o in_o growth_n as_o in_o tinn_n lead_v iron_n copper_n coal_n etc._n etc._n will_v employ_v many_o hundred_o thousand_o of_o people_n in_o honest_a labour_n to_o the_o glory_n of_o god_n and_o strengthen_v of_o the_o kingdom_n which_o by_o the_o set_n up_o of_o these_o bank_n will_v be_v supply_v with_o so_o great_a a_o run_a cash_n as_o in_o time_n will_v out_o do_v all_o other_o nation_n 6._o our_o merchant_n may_v have_v credit_n in_o foreign_a part_n to_o buy_v good_n without_o money_n 7._o man_n will_v not_o be_v under_o such_o necessity_n of_o sell_v good_n at_o a_o under_o rate_n for_o want_v of_o money_n when_o they_o may_v have_v credit_n upon_o they_o at_o a_o easy_a rate_n equivalent_a to_o money_n till_o they_o can_v light_v of_o a_o chapman_n 8._o man_n with_o small_a stock_n may_v drive_v great_a trade_n as_o suppose_v a_o silkman_n have_v a_o thousand_o pound_n he_o buy_v silk_n with_o it_o lodge_v it_o in_o the_o bank_n for_o eight_o hundred_o pound_n this_o he_o lay_v out_o at_o market_n in_o silk_n and_o pawn_n that_o for_o seven_o hundred_o pound_n and_o so_o downward_o by_o the_o help_n of_o this_o bank_n he_o lay_v in_o four_o thousand_o pound_n worth_n of_o good_n with_o one_o thousand_o pound_n in_o money_n and_o be_v not_o tie_v to_o any_o particular_a man_n he_o fetch_v out_o his_o good_n as_o he_o vend_v they_o or_o use_v
to_o the_o right_n honourable_a sr_n william_n ashurst_n kt._n lord_z mayor_z of_o the_o city_n of_o london_n the_o right_n worshipful_a sir_n robert_n clayton_n sir_n john_n houbland_n sir_n william_n hedges_n sir_n stephen_n evans_n sir_n william_n cooper_n sir_n thomas_n littleton_n sir_n william_n scawen_n sir_n edward_n abney_n sir_n henry_n furnesse_n sir_n james_n sheen_n knight_n and_o the_o worshipful_a michael_n godfrey_n john_n ward_n theodore_n johnson_n james_n bateman_n obadiah_n sedgwick_n nathanael_n herne_n william_n pateson_n john_n holland_n richard_n burton_n and_o john_n bellamy_n esquire_n commissioner_n for_o the_o say_a bank_n sir_n great_a britain_n be_v acknowledge_v by_o all_o the_o world_n to_o be_v queen_n of_o the_o isle_n and_o as_o capable_a to_o live_v within_o itself_o as_o any_o nation_n have_v not_o only_o all_o thing_n necessary_a for_o the_o life_n of_o man_n but_o also_o abundance_n material_n and_o store_n of_o manufacture_n and_o commodity_n to_o a_o superfluity_n for_o transportation_n and_o be_v comparable_o situate_v for_o a_o royal_a bank_n of_o credit_n that_o all_o trade_n offer_v itself_o to_o all_o its_o port_n and_o harbour_n the_o soil_n of_o our_o country_n be_v exceed_o rich_a abound_v with_o all_o thing_n necessary_a for_o peace_n and_o war_n as_o grain_n horse_n beef_n sheep_n flax_n wool_n and_o other_o traffic_v also_o mine_n of_o tinn_n copper_n lead_v iron_n coal_n inexhaustible_a and_o no_o nation_n in_o the_o universe_n but_o partake_v of_o its_o woollen_a manufacture_n more_o or_o less_o and_o of_o its_o linen_n paper_n of_o all_o sort_n and_o silk_n now_o make_v in_o england_n to_o great_a perfection_n and_o our_o sea_n every_o where_o fill_v with_o shoal_n of_o fish_n as_o good_a as_o ready_a money_n to_o fetch_v in_o all_o foreign_a commodity_n now_o shall_v the_o god_n of_o nature_n give_v we_o such_o great_a blessing_n and_o we_o be_v want_v on_o our_o part_n to_o improve_v they_o doubtless_o we_o may_v aggrandise_v our_o trade_n with_o a_o inestimable_a account_n if_o we_o will_v ourselves_o and_o make_v our_o territory_n as_o rich_a and_o populous_a as_o we_o please_v under_o so_o wise_a glorious_a valiant_a and_o good_a king_n and_o queen_n and_o government_n as_o we_o have_v have_v we_o public_a spirit_n as_o we_o ought_v to_o give_v countenance_n to_o brave_a action_n of_o industrious_a man_n and_o do_v true_o mind_v the_o business_n of_o trade_n and_o populacy_n as_o much_o as_o we_o do_v pleasure_n and_o luxury_n your_o bank_n will_v beget_v trade_n and_o people_n and_o they_o will_v beget_v riches_n and_o then_o honest_a pleasure_n will_v come_v of_o course_n riches_n be_v the_o conveniency_n of_o a_o nation_n but_o trade_n and_o people_n be_v the_o glory_n and_o strength_n of_o the_o kingdom_n if_o we_o once_o come_v to_o be_v good_a and_o industrious_a in_o fear_v and_o serve_v god_n in_o be_v obedient_a to_o our_o good_a king_n and_o queen_n love_v and_o charitable_a to_o one_o another_o we_o may_v expect_v god_n blessing_n upon_o our_o force_n by_o land_n and_o sea_n and_o no_o nation_n can_v exceed_v we_o either_o at_o home_n or_o in_o foreign_a part_n we_o have_v so_o many_o material_n to_o employ_v our_o people_n and_o our_o nation_n hardy_a and_o ingenious_a enough_o to_o work_v and_o raise_v all_o sort_n of_o manufacture_n within_o ourselves_o which_o now_o we_o have_v from_o abroad_o if_o we_o do_v but_o take_v care_n to_o catch_v our_o own_o fish_n work_v up_o our_o own_o growth_n perfect_a our_o own_o manufacture_n as_o linen_n woollen_a paper_n of_o all_o sort_n thus_o do_v will_v make_v we_o infinite_o rich_a to_o eternity_n our_o country_n be_v surround_v with_o our_o neighbour-natives_a and_o of_o most_o concern_v and_o near_o they_o we_o be_v design_v for_o all_o manner_n of_o riches_n and_o to_o be_v the_o seat_n of_o empire_n be_v a_o land_n so_o pleasant_a and_o london_n so_o great_a and_o glorious_a that_o it_o invite_v all_o 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