several_a assertion_n prove_v in_o order_n to_o create_v another_o species_n of_o money_n than_o gold_n and_o silver_n several_a assertion_n prove_v etc._n etc._n first_o assertion_n that_o there_o seem_v a_o necessity_n of_o create_v another_o species_n of_o money_n than_o gold_n and_o silver_n by_o necessity_n i_o do_v mean_v a_o absolute_a necessity_n prove_v but_o such_o a_o necessity_n that_o either_o this_o must_v be_v do_v or_o a_o worse_a thing_n will_v ensue_v for_o want_v of_o it_o the_o past_a contract_n now_o depend_v in_o the_o kingdom_n for_o payment_n of_o money_n in_o specie_fw-la do_v far_o surmount_v all_o the_o species_n of_o money_n in_o the_o kingdom_n and_o because_o money_n be_v become_v more_o valuable_a than_o bill_n of_o credit_n therefore_o they_o that_o have_v the_o demand_n of_o it_o do_v and_o will_v demand_v it_o and_o the_o more_o they_o demand_v it_o the_o high_a the_o price_n rise_v so_o that_o the_o price_n multiply_v the_o demand_n and_o the_o demand_n advance_v the_o price_n which_o render_v the_o performance_n of_o these_o past_a contract_n to_o be_v impossible_a and_o thus_o the_o kingdom_n stand_v stock-jobbed_n by_o be_v oblige_v to_o deliver_v what_o they_o have_v not_o and_o yet_o these_o contract_n though_o they_o be_v impossible_a to_o be_v perform_v be_v lawful_a for_o by_o the_o law_n where_o the_o condition_n of_o a_o bond_n be_v impossible_a the_o bond_n itself_o be_v absolute_a and_o the_o obligee_n may_v sue_v for_o the_o penalty_n and_o have_v judgement_n and_o if_o in_o this_o case_n the_o plaintiff_n happen_v to_o be_v more_o than_o the_o defendant_n they_o may_v have_v execution_n too_o but_o if_o the_o defendant_n come_v to_o be_v more_o than_o the_o plaintiff_n there_o be_v a_o end_n of_o the_o law_n and_o notwithstanding_o that_o the_o whole_a money_n of_o the_o kingdom_n stand_v anticipate_v by_o the_o past_a contract_n the_o present_a exigency_n and_o the_o grow_a contract_n call_v for_o as_o much_o more_o and_o it_o be_v impossible_a to_o answer_v these_o demand_n but_o by_o the_o money_n due_a on_o the_o former_a contract_n take_v it_o from_o whence_o it_o be_v already_o due_a and_o lend_v it_o to_o the_o present_a want_n and_o thus_o the_o public_a have_v have_v the_o great_a part_n of_o their_o late_a supply_n which_o i_o do_v observe_v as_o a_o misapplication_n of_o the_o money_n under_o our_o necessity_n but_o as_o a_o evidence_n of_o our_o necessity_n therefore_o for_o preserve_v the_o peace_n of_o the_o kingdom_n in_o relation_n to_o the_o past_a contract_n and_o for_o raise_v the_o present_a and_o future_a supply_n there_o do_v seem_v a_o necessity_n of_o create_v another_o species_n of_o money_n than_o gold_n and_o silver_n second_o assertion_n that_o this_o necessity_n be_v no_o cause_n to_o discourage_v proceed_n in_o public_a or_o private_a affair_n but_o rather_o to_o force_v we_o upon_o a_o invention_n which_o otherwise_o we_o shall_v not_o find_v out_o prove_v all_o the_o improvement_n in_o the_o world_n have_v be_v produce_v from_o the_o necessity_n of_o man_n put_v they_o upon_o invention_n according_a to_o that_o say_n venture_v largitor_n artium_fw-la shame_n invent_v our_o clothing_n cold_a our_o house_n hunger_n our_o food_n sickness_n our_o physic_n and_o rapine_n our_o law_n law_n necessitate_v trade_n trade_n necessitate_a money_n and_o the_o multiply_a occasion_n for_o money_n do_v now_o put_v we_o upon_o a_o necessity_n of_o invent_v another_o species_n of_o it_o and_o therefore_o we_o must_v find_v it_o out_o what_o if_o the_o spaniard_n mine_n be_v exhaust_v or_o the_o law_n of_o their_o country_n prohibit_v the_o exportation_n of_o they_o observe_v must_v the_o whole_a world_n stand_v still_o as_o silver_n and_o gold_n be_v invent_v for_o money_n when_o they_o be_v to_o be_v have_v so_o when_o we_o can_v have_v that_o we_o must_v invent_v something_o else_o which_o may_v be_v have_v instead_o of_o it_o the_o whole_a world_n once_o lay_v open_a for_o man_n and_o beast_n to_o be_v tenant_n in_o common_a of_o it_o all_o but_o while_o it_o lay_v so_o it_o be_v incapable_a of_o improvement_n because_o no_o man_n can_v preserve_v the_o benefit_n of_o his_o own_o labour_n to_o himself_o and_o this_o force_a man_n upon_o agreement_n to_o enclose_v and_o that_o every_o man_n shall_v have_v a_o property_n in_o his_o own_o enclosure_n which_o be_v the_o first_o initiate_a of_o law_n and_o this_o law_n force_v trade_n for_o the_o earth_n consist_v of_o divers_a vein_n of_o different_a quality_n distant_a from_o one_o another_o one_o man_n come_v to_o have_v occasion_n of_o something_o which_o lie_v in_o alieno_fw-la solo_fw-la another_o man_n enclosure_n and_o so_o they_o exchange_v with_o one_o another_o but_o the_o thing_n exchange_v not_o be_v always_o equal_a in_o value_n nor_o to_o be_v deliver_v at_o the_o same_o time_n and_o place_n put_v man_n upon_o a_o invention_n of_o pledge_n or_o security_n for_o the_o thing_n deliver_v until_o the_o value_n thereof_o shall_v be_v return_v in_o another_o commodity_n and_o these_o at_o first_o be_v but_o particular_a token_n between_o one_o man_n and_o another_o till_o by_o degree_n silver_n and_o gold_n have_v acquire_v a_o certain_a value_n from_o the_o use_v make_v of_o it_o for_o other_o thing_n become_v the_o common_a pledge_n of_o the_o world_n and_o by_o further_a degree_n the_o value_v thereof_o come_v to_o be_v ascertain_v by_o law_n which_o have_v advance_v it_o to_o a_o extravagant_a price_n contrary_a to_o the_o original_a intention_n of_o it_o the_o sole_a use_n of_o money_n as_o money_n be_v but_o to_o keep_v a_o account_n of_o other_o thing_n by_o it_o be_v a_o tool_n in_o trade_n find_v out_o by_o the_o policy_n of_o man_n and_o that_o it_o may_v not_o grow_v into_o any_o other_o use_n the_o first_o law_n of_o the_o world_n foresee_v the_o mischief_n forbid_v those_o that_o have_v it_o from_o take_v interest_n for_o the_o loan_n of_o it_o from_o any_o but_o those_o who_o they_o design_v to_o impoverish_v by_o it_o but_o since_o this_o prohibit_v use_n of_o it_o have_v advance_v it_o above_o its_o original_a institution_n we_o must_v invent_v something_o else_o instead_o of_o it_o as_o they_o who_o have_v the_o first_o occasion_n of_o money_n do_v invent_v gold_n and_o silver_n and_o therefore_o this_o necessity_n be_v no_o cause_n to_o discourage_v we_o from_o proceed_v in_o public_a or_o private_a affair_n but_o rather_o to_o force_v we_o upon_o a_o invention_n which_o otherwise_o we_o shall_v not_o find_v out_o three_o assertion_n that_o all_o proposal_n for_o make_v bill_n of_o credit_n current_a money_n direct_o by_o act_n of_o parliament_n can_v be_v of_o no_o use_n in_o this_o invention_n prove_v for_o 1._o these_o proposal_n be_v unjust_a be_v more_o than_o the_o law_n do_v in_o relation_n to_o the_o coin_n of_o the_o kingdom_n the_o law_n never_o make_v the_o coin_n of_o the_o kingdom_n to_o be_v current_n in_o any_o payment_n but_o where_o they_o be_v agree_v to_o be_v pay_v but_o these_o proposal_n will_v make_v these_o bill_n current_a in_o payment_n in_o which_o they_o be_v never_o agree_v for_o therefore_o they_o be_v unjust_a 2._o they_o be_v illegal_a i_o mean_v they_o be_v a_o inversion_n of_o law_n which_o the_o legislative_a power_n have_v no_o power_n to_o do_v their_o name_n define_v their_o power_n not_o to_o be_v absolute_a but_o only_o a_o power_n of_o make_v law_n and_o the_o intent_n of_o all_o law_n be_v for_o the_o preservation_n of_o life_n and_o property_n whatever_o violate_v this_o intent_n be_v no_o law_n shall_v a_o act_n pass_v that_o every_o man_n in_o the_o kingdom_n shall_v kill_v himself_o or_o give_v his_o estate_n to_o any_o one_o else_o that_o will_v do_v it_o for_o he_o this_o will_v be_v no_o law_n nor_o any_o man_n life_n or_o estate_n bind_v by_o it_o now_o some_o man_n have_v turn_v their_o property_n into_o land_n and_o some_o into_o money_n and_o all_o by_o agreement_n with_o one_o another_o and_o shall_v a_o act_n pass_v that_o a_o man_n who_o have_v agree_v for_o and_o purchase_v 500_o l._n per_fw-la annum_fw-la in_o land_n shall_v convey_v that_o estate_n to_o any_o man_n who_o will_v pay_v he_o 10000_o l._n in_o gold_n or_o silver_n this_o will_v be_v no_o law_n then_o by_o the_o same_o parity_n of_o reason_n shall_v a_o act_n pass_v that_o any_o man_n who_o have_v contract_v for_o 10000_o l._n to_o be_v pay_v he_o in_o money_n shall_v assign_v this_o contract_n to_o any_o one_o who_o will_v convey_v to_o he_o 500_o l._n per_fw-la annum_fw-la in_o land_n this_o will_v be_v no_o law_n for_o if_o such_o act_n shall_v be_v admit_v as_o law_n they_o put_v a_o end_n to_o all_o law_n man_n can_v deal_v but_o by_o agreement_n with_o one_o another_o and_o if_o the_o
and_o consequent_o have_v the_o power_n of_o give_v credit_n in_o that_o country_n and_o therefore_o whatever_o they_o will_v accept_v for_o their_o commodity_n be_v money_n man_n deal_v in_o nothing_o but_o earth_n the_o merchant_n be_v the_o factor_n of_o the_o world_n to_o exchange_v one_o part_n of_o the_o earth_n for_o another_o the_o king_n himself_o be_v feed_v by_o the_o labour_n of_o the_o ox_n and_o the_o clothing_n of_o the_o army_n and_o the_o victual_v of_o the_o navy_n must_v all_o be_v pay_v for_o to_o the_o owner_n of_o the_o soil_n as_o the_o ultimate_a receiver_n and_o whatever_o the_o ultimate_a receiver_n will_v demand_v or_o accept_v must_v be_v a_o rule_n for_o the_o intermediate_v receiver_n to_o govern_v themselves_o by_o all_o the_o other_o contract_v of_o the_o kingdom_n must_v follow_v the_o reservation_n of_o the_o rent_n and_o hence_o it_o be_v that_o all_o the_o present_a contract_n of_o the_o kingdom_n be_v agree_v to_o be_v pay_v in_o money_n because_o the_o rent_n of_o the_o land_n be_v reserve_v payable_a in_o it_o and_o therefore_o if_o these_o rent_n be_v reserve_v in_o the_o security_n of_o land_n form_v into_o the_o quality_n of_o money_n which_o we_o call_v bill_n it_o will_v force_v other_o contract_n to_o be_v make_v payable_a in_o these_o bill_n and_o consequent_o make_v these_o bill_n effective_a money_n second_o as_o they_o will_v thereby_o become_v effective_a money_n so_o they_o will_v become_v lawful_a money_n of_o england_n because_o the_o law_n will_v compel_v the_o payment_n of_o they_o the_o law_n of_o england_n have_v give_v no_o other_o sanction_n to_o gold_n or_o silver_n than_o to_o certify_v the_o value_n of_o it_o to_o tell_v the_o people_n what_o it_o be_v that_o when_o they_o make_v contract_n about_o it_o they_o may_v know_v what_o they_o do_v the_o law_n say_v that_o such_o a_o piece_n of_o money_n stamp_v into_o the_o king_n coin_n shall_v be_v esteem_v five_o shilling_n of_o lawful_a money_n of_o england_n whereby_o whoever_o make_v a_o contract_n to_o pay_v five_o shilling_n of_o lawful_a money_n of_o england_n know_v what_o he_o be_v to_o deliver_v and_o he_o know_v that_o the_o delivery_n of_o that_o piece_n will_v be_v a_o good_a discharge_n of_o his_o contract_n but_o the_o law_n never_o compel_v any_o person_n to_o make_v these_o contract_n nor_o ever_o compel_v the_o payment_n of_o this_o money_n or_o make_v the_o tender_a thereof_o to_o be_v a_o good_a payment_n in_o any_o case_n but_o where_o it_o so_o agree_v between_o the_o party_n and_o this_o be_v no_o more_o but_o what_o the_o law_n do_v to_o any_o other_o thing_n contract_v for_o as_o well_o as_o money_n the_o law_n no_o more_o admit_v gold_n or_o silver_n money_n to_o be_v a_o tender_a for_o corn_n or_o cattle_n contract_v to_o be_v deliver_v than_o it_o do_v admit_v corn_n or_o cattle_n to_o be_v a_o tender_a for_o gold_n or_o silver_n money_n contract_v to_o be_v deliver_v for_o the_o law_n respect_v nothing_o but_o the_o agreement_n of_o the_o party_n and_o by_o the_o same_o reason_n that_o the_o law_n oblige_v the_o payment_n of_o gold_n and_o silver_n it_o will_v oblige_v the_o payment_n of_o these_o bill_n in_o case_n they_o be_v agree_v to_o be_v pay_v and_o therefore_o it_o be_v in_o the_o power_n of_o the_o owner_n of_o the_o land_n to_o reserve_v their_o rent_n payable_a in_o these_o bill_n and_o the_o other_o contract_v of_o the_o kingdom_n be_v govern_v by_o the_o reservation_n of_o the_o rent_n and_o the_o law_n compel_v the_o performance_n of_o those_o reservation_n and_o contract_n it_o be_v in_o the_o power_n of_o the_o owner_n of_o the_o land_n to_o make_v these_o bill_n effective_a and_o lawful_a money_n of_o england_n by_o reserve_v their_o rent_n payable_a in_o they_o eight_o assertion_n that_o land_n thus_o form_v into_o the_o quality_n of_o money_n be_v more_o useful_a and_o valuable_a than_o gold_n and_o silver_n or_o any_o other_o commodity_n sever_v from_o the_o soyl._n first_o they_o be_v more_o useful_a prove_v gold_n and_o silver_n serve_v but_o for_o one_o use_n at_o one_o time_n while_o they_o be_v use_v for_o money_n they_o can_v be_v use_v for_o nothing_o else_o and_o while_o they_o be_v use_v for_o any_o thing_n else_o they_o can_v be_v use_v for_o money_n but_o land_n may_v be_v convert_v into_o money_n without_o lose_v their_o other_o faculty_n they_o serve_v for_o both_o use_n at_o the_o same_o time_n the_o owner_n keep_v the_o possession_n and_o receive_v the_o profit_n of_o the_o soil_n while_o the_o security_n thereof_o be_v use_v for_o money_n and_o this_o be_v what_o can_v be_v do_v in_o security_n of_o pledge_n or_o pawn_n of_o commodity_n sever_v from_o the_o soil_n for_o when_o the_o owner_n make_v these_o a_o security_n he_o must_v part_v with_o they_o out_o of_o his_o possession_n and_o can_v make_v no_o use_n of_o they_o till_o he_o have_v redeem_v they_o 2._o as_o they_o be_v more_o useful_a so_o they_o be_v more_o valuable_a what_o serve_v for_o two_o use_n at_o once_o be_v more_o valuable_a than_o what_o serve_v but_o for_o one_o if_o silver_n and_o gold_n can_v serve_v for_o money_n and_o plate_n both_o at_o the_o same_o time_n or_o if_o commodity_n sever_v from_o the_o soil_n can_v retain_v their_o own_o natural_a use_n and_o also_o serve_v for_o security_n of_o money_n at_o the_o same_o time_n they_o will_v both_o be_v double_a the_o value_n they_o now_o be_v for_o by_o lose_v one_o of_o their_o use_n they_o lose_v the_o value_n at_o which_o they_o be_v value_v in_o respect_n of_o that_o use_n therefore_o land_n retain_v their_o own_o natural_a use_n while_o they_o be_v make_v money_n be_v more_o useful_a and_o valuable_a than_o gold_n and_o silver_n or_o any_o other_o commodity_n sever_v from_o the_o soil_n nine_o assertion_n that_o it_o will_v be_v in_o the_o power_n of_o the_o bank_n from_o who_o these_o bill_n be_v issue_v to_o make_v they_o more_o valuable_a than_o other_o money_n by_o accept_v they_o at_o a_o high_a rate_n and_o that_o they_o will_v be_v gainer_n thereby_o the_o profit_n of_o a_o bank_n depend_v upon_o the_o credit_n of_o their_o bill_n prove_v and_o the_o credit_n of_o their_o bill_n depend_v upon_o their_o make_v they_o more_o valuable_a than_o money_n and_o the_o make_v their_o bill_n more_o valuable_a than_o money_n depend_v on_o their_o accept_n of_o they_o at_o a_o high_a rate_n than_o money_n money_n and_o bill_n never_o keep_v long_o at_o a_o par_fw-fr if_o bill_n be_v not_o better_a than_o money_n they_o will_v soon_o be_v worse_o if_o money_n get_v the_o upper_a hand_n of_o credit_n it_o put_v a_o end_n to_o all_o credit_n there_o be_v at_o this_o day_n no_o credit_n in_o the_o kingdom_n credit_n be_v when_o man_n choose_v bill_n rather_o than_o money_n and_o not_o when_o they_o take_v they_o only_o because_o they_o can_v receive_v money_n the_o present_a credit_n of_o the_o kingdom_n be_v no_o more_o than_o the_o credit_n of_o a_o man_n who_o can_v pay_v his_o debt_n and_o therefore_o give_v bond_n which_o his_o creditor_n be_v force_v to_o accept_v for_o want_v of_o money_n the_o bank_n of_o england_n have_v issue_v out_o bill_n which_o they_o can_v pay_v and_o so_o the_o people_n that_o have_v their_o bill_n must_v keep_v they_o but_o there_o be_v no_o fresh_a money_n bring_v into_o their_o bank_n for_o their_o bill_n without_o which_o no_o credit_n can_v be_v maintain_v and_o they_o find_v great_a demand_n upon_o they_o immediate_o raise_v the_o interest_n upon_o their_o bill_n hope_v thereby_o to_o keep_v those_o bill_n which_o be_v out_o against_o they_o from_o be_v demand_v of_o they_o and_o to_o draw_v in_o fresh_a money_n into_o they_o but_o this_o prove_v so_o ineffectual_a that_o their_o bill_n at_o interest_n be_v at_o no_o more_o value_n than_o their_o bill_n without_o interest_n which_o show_v plain_o that_o the_o give_v interest_n on_o bill_n do_v add_v no_o credit_n to_o a_o bank_n for_o raise_v the_o interest_n on_o the_o bill_n of_o the_o bank_n raise_v the_o interest_n of_o monies_n out_o of_o the_o bank_n and_o so_o keep_v the_o money_n from_o they_o the_o more_o a_o bank_n raise_v their_o interest_n to_o overtake_v the_o money_n the_o fast_o the_o money_n go_v from_o they_o raise_v the_o interest_n 1_o l._n per_fw-la cent._n upon_o bill_n payable_a at_o demand_n raise_v it_o 2_o l._n per_fw-la cent._n on_o common_a security_n therefore_o a_o bank_n shall_v always_o fall_v their_o interest_n as_o fast_o as_o other_o endeavour_v to_o raise_v it_o credit_n be_v no_o more_o to_o be_v beg_v or_o buy_v than_o it_o be_v to_o be_v force_v give_v interest_n on_o bill_n be_v beg_v of_o credit_n or_o buy_v of_o money_n which_o may_v
he_o with_o his_o female_n who_o be_v a_o object_n suit_v to_o that_o affection_n give_v he_o the_o first_o feeling_n of_o it_o love_n be_v a_o affection_n contract_v by_o the_o eye_n and_o therefore_o till_o the_o object_n be_v produce_v the_o affection_n lie_v dormant_a as_o fire_n do_v in_o stone_n till_o they_o be_v smite_v if_o therefore_o the_o fair_a aspect_n of_o the_o creation_n be_v present_v to_o man_n after_o he_o have_v end_v his_o expectation_n of_o be_v entertain_v with_o any_o more_o object_n and_o consequent_o that_o high_a pleasure_n of_o life_n be_v add_v to_o he_o after_o he_o have_v end_v his_o expectation_n of_o any_o further_a happiness_n why_o shall_v it_o seem_v strange_a that_o other_o quality_n in_o nature_n shall_v lie_v conceal_v till_o the_o wisdom_n of_o providence_n think_v fit_a to_o produce_v they_o how_o many_o thing_n now_o common_a in_o the_o world_n be_v keep_v hide_v from_o age_n past_a as_o the_o virtue_n of_o the_o loadstone_n and_o thereby_o the_o discovery_n of_o america_n the_o use_n of_o gun_n print_v glass_n etc._n etc._n the_o earth_n be_v the_o great_a staple_n of_o the_o world_n make_v by_o god_n to_o be_v manufacture_v and_o improve_v by_o man_n and_o perhaps_o the_o thing_n not_o yet_o see_v be_v great_a than_o the_o thing_n already_o see_v and_o though_o we_o can_v have_v no_o notion_n of_o they_o till_o they_o be_v produce_v yet_o when_o they_o be_v make_v to_o appear_v the_o concealment_n of_o they_o seem_v more_o miraculous_a than_o the_o discovery_n for_o the_o make_v they_o to_o appear_v make_v they_o plain_a and_o the_o plain_a appearance_n of_o they_o raise_v a_o admiration_n that_o they_o be_v never_o before_o observe_v invention_n be_v mystery_n find_v out_o and_o what_o be_v not_o plain_a be_v not_o find_v out_o but_o remain_v a_o mystery_n still_o so_o that_o the_o author_n of_o a_o invention_n 〈◊〉_d make_v it_o perfect_a must_v thereby_o loose_v the_o honour_n of_o it_o and_o be_v despise_v as_o produce_v a_o common_a thing_n and_o that_o this_o may_v be_v my_o fate_n be_v the_o top_n of_o my_o ambition_n however_o this_o prove_v the_o assertion_n that_o though_o this_o improvement_n add_v to_o the_o present_a value_n of_o the_o land_n seem_v extravagant_a and_o be_v unexpected_a and_o surprise_a it_o be_v nevertheless_o plain_a and_o true_a and_o agreeable_a to_o other_o production_n in_o nature_n and_o art_n and_o though_o it_o be_v plain_a and_o true_a it_o be_v never_o the_o less_o valuable_a but_o rather_o the_o more_o admirable_a fourteen_o assertion_n that_o therefore_o it_o can_v be_v doubt_v but_o the_o legislative_a power_n will_v encourage_v this_o invention_n by_o revive_v the_o clause_n relate_v to_o land_n in_o the_o act_n pass_v last_o session_n for_o establish_v a_o land-bank_n when_o we_o address_v to_o our_o superior_n prove_v for_o any_o thing_n to_o be_v do_v by_o they_o it_o be_v duty_n and_o good_a manner_n to_o consider_v one_a that_o the_o notion_n and_o intent_n of_o the_o thing_n we_o propose_v be_v useful_a and_o honest_a in_o case_n it_o can_v be_v effect_v 2_o that_o the_o practice_n of_o it_o be_v make_v visible_a and_o plain_a before_o we_o offer_v it_o three_o that_o we_o prepare_v every_o thing_n ready_a for_o their_o fiat_n which_o be_v to_o give_v the_o sanction_n that_o they_o may_v have_v nothing_o to_o do_v but_o what_o can_v be_v do_v by_o none_o but_o themselves_o now_o that_o the_o notion_n and_o intent_n of_o form_v these_o security_n of_o land_n into_o the_o quality_n of_o money_n and_o use_v they_o as_o money_n will_v be_v esteem_v by_o the_o legislative_a power_n to_o be_v useful_a and_o honest_a in_o case_n it_o can_v be_v effect_v can_v remain_v a_o doubt_n then_o the_o next_o query_n be_v whether_o the_o practice_n of_o this_o notion_n can_v be_v make_v visible_a and_o plain_a the_o first_o part_n of_o the_o notion_n be_v the_o form_v these_o security_n into_o the_o quality_n of_o money_n and_o this_o belong_v to_o he_o that_o offer_v the_o invention_n for_o it_o be_v not_o the_o business_n of_o the_o legislative_a power_n to_o draw_v settlement_n and_o form_n those_o must_v be_v do_v by_o some_o one_o of_o that_o science_n to_o which_o these_o form_n and_o settlement_n relate_v and_o that_o i_o may_v not_o seem_v to_o amuse_v with_o implicit_a term_n this_o form_n be_v nothing_o but_o division_n the_o form_v the_o security_n of_o land_n into_o the_o quality_n of_o money_n be_v no_o more_o than_o divide_v these_o security_n into_o small_a sum_n division_n be_v the_o first_o thing_n in_o form_n in_o the_o description_n of_o the_o creation_n it_o be_v say_v to_o be_v without_o form_n and_o void_a till_o it_o be_v divide_v the_o light_n from_o the_o darkness_n and_o the_o water_n from_o the_o dry_a land_n and_o by_o these_o light_n eternity_n be_v divide_v and_o subdivide_v into_o time_n of_o year_n day_n and_o hour_n for_o man_n to_o keep_v his_o account_n by_o for_o eternity_n undivided_a be_v of_o no_o use_n to_o man._n every_o thing_n be_v more_o or_o less_o valuable_a as_o it_o be_v more_o or_o less_o capable_a of_o division_n now_o till_o these_o security_n be_v make_v divisible_a all_o the_o residue_n of_o the_o invention_n be_v impossible_a for_o if_o the_o security_n themselves_o be_v not_o capable_a of_o be_v form_v into_o the_o quality_n of_o money_n it_o be_v not_o in_o the_o power_n of_o the_o parliament_n to_o make_v they_o so_o but_o this_o first_o part_n of_o the_o invention_n be_v actual_o do_v and_o have_v show_v itself_o in_o all_o the_o part_n of_o it_o the_o 26_o the_o of_o october_n 1695._o be_v the_o first_o day_n of_o issue_v out_o bill_n charge_v upon_o land_n which_o be_v the_o security_n thereof_o divide_v and_o these_o be_v the_o first_o bill_n we_o hear_v of_o that_o have_v be_v charge_v upon_o land_n and_o issue_v out_o for_o money_n and_o to_o give_v plain_a instance_n that_o these_o security_n so_o divide_v into_o bill_n be_v money_n the_o mortgagee_n who_o have_v these_o security_n before_o they_o be_v divide_v and_o be_v to_o receive_v the_o money_n due_a upon_o they_o bring_v their_o security_n to_o the_o bank_n to_o be_v form_v into_o bill_n and_o receive_v back_o those_o bill_n for_o their_o money_n they_o bring_v the_o bullion_n into_o the_o bank_n and_o take_v it_o back_o in_o coin_n and_o for_o do_v this_o the_o owner_n of_o the_o land_n be_v content_a to_o pay_v a_o small_a interest_n to_o the_o bank_n for_o keep_v a_o cash_n of_o other_o money_n to_o answer_v these_o bill_n as_o they_o be_v demand_v and_o this_o by_o the_o way_n may_v silence_v all_o inquiry_n into_o the_o profit_n of_o the_o bank_n and_o in_o this_o manner_n there_o have_v be_v issue_v out_o forty_o five_o thousand_o pound_n in_o bill_n all_o which_o have_v be_v pay_v and_o repay_v as_o money_n and_o the_o bank_n have_v value_v estate_n for_o issue_v out_o one_o hundred_o thousand_o pound_n more_o but_o foreseeing_a the_o impossibility_n of_o maintain_v a_o credit_n in_o their_o infancy_n during_o the_o regulation_n of_o the_o coin_n they_o stop_v their_o hand_n and_o content_v themselves_o at_o present_a in_o pay_v their_o bill_n already_o issue_v and_o give_v a_o undeniable_a demonstration_n of_o the_o first_o part_n of_o the_o invention_n by_o form_v the_o security_n of_o land_n into_o the_o quality_n of_o money_n and_o thereby_o stand_v ready_a for_o the_o sanction_n and_o assistance_n of_o the_o legislative_a power_n towards_o the_o perfect_a of_o this_o invention_n what_o be_v pass_v by_o the_o act_n of_o last_o session_n relate_v to_o land_n and_o be_v now_o humble_v represent_v to_o the_o legislative_a power_n be_v first_o that_o the_o subscriber_n may_v be_v incorporate_v in_o order_n to_o stand_v seize_v of_o land_n to_o be_v convey_v to_o they_o to_o prevent_v the_o charge_n or_o fraud_n of_o trustee_n in_o the_o divide_v the_o security_n of_o land_n the_o legal_a estate_n thereof_o must_v be_v convey_v to_o trustee_n who_o be_v to_o stand_v seize_v in_o the_o first_o place_n for_o the_o person_n who_o have_v the_o bill_n charge_v on_o the_o land_n and_o afterward_o in_o trust_n for_o the_o owner_n of_o the_o land_n who_o make_v the_o conveyance_n and_o to_o prevent_v the_o legal_a estate_n from_o go_v to_o heir_n or_o executor_n there_o must_v be_v several_a trustee_n in_o every_o conveyance_n which_o may_v occasion_v great_a charge_n and_o trouble_v in_o transfer_v the_o security_n especial_o if_o the_o trustee_n prove_v corrupt_a which_o often_o happen_v in_o common_a security_n among_o private_a man_n i_o have_v know_v a_o mortgager_n force_v to_o pay_v twenty_o guineas_n to_o a_o parcel_n of_o trustee_n for_o seal_v a_o assignment_n of_o his_o mortgage_n now_o this_o charge_n of_o transfer_v
security_n entail_v on_o freehold_a estate_n be_v as_o real_a encumbrance_n upon_o they_o as_o fine_n upon_o alienation_n be_v upon_o copy-holds_a and_o if_o as_o have_v be_v observe_v the_o transfer_v the_o title_n of_o land_n to_o money_n and_o make_v the_o assignment_n of_o every_o piece_n to_o be_v by_o deed_n will_v depreciate_v it_o and_o incapacitate_v it_o from_o be_v money_n by_o the_o same_o reason_n the_o transfer_v the_o title_n of_o money_n to_o land_n and_o make_v the_o delivery_n only_o to_o be_v a_o title_n will_v of_o itself_o render_v they_o much_o more_o valuable_a and_o though_o the_o equitable_a interest_n only_a which_o be_v the_o bill_n can_v be_v assign_v by_o delivery_n yet_o the_o less_o charge_n be_v incident_a to_o transfer_v the_o legal_a estate_n the_o more_o valuable_a the_o land_n will_v be_v and_o this_o be_v the_o intent_n of_o be_v incorporate_v a_o great_a part_n of_o the_o town_n and_o trade_n in_o england_n have_v be_v incorporate_v by_o king_n or_o parliament_n for_o the_o conveniency_n of_o do_v their_o own_o business_n the_o worsted-weaver_n in_o yarmouth_n and_o lynn_n be_v each_o of_o they_o incorporate_v by_o parliament_n in_o 15_o the_o hen._n 8._o with_o a_o power_n to_o have_v a_o seal_n for_o their_o own_o clothes_n for_o no_o other_o reason_n than_o that_o it_o be_v before_o painful_a and_o costly_a for_o they_o to_o carry_v their_o clothes_n to_o be_v seal_v at_o norwich_n which_o they_o be_v oblige_v to_o by_o a_o former_a act._n and_o the_o school_n of_o norleech_n in_o gloucester-shire_n be_v incorporate_v by_o parliament_n in_o 4._o jac._n 1._o upon_o the_o opinion_n of_o three_o lord_n keeper_n and_o two_o judge_n that_o they_o ought_v to_o be_v incorporate_v in_o order_n to_o stand_v seize_v of_o their_o own_o land_n for_o that_o the_o survive_a feoffee_n of_o the_o school-land_n go_v about_o to_o defraud_v the_o school_n by_o make_v a_o long_a lease_n to_o his_o own_o son_n under_o a_o small_a rent_n if_o therefore_o the_o king_n and_o parliament_n of_o england_n have_v incorporate_v so_o many_o town_n and_o trade_n for_o the_o conveniency_n of_o do_v their_o business_n and_o that_o the_o parliament_n in_o the_o first_o of_o these_o case_n incorporate_v two_o company_n of_o weaver_n for_o prevent_v their_o trouble_n and_o charge_n in_o go_v to_o distant_a place_n and_o in_o the_o last_o case_n incorporate_v a_o countrey-school_n to_o prevent_v fraud_n in_o their_o trustee_n can_v it_o be_v doubt_v that_o the_o present_a legislative_a power_n will_v deny_v the_o like_a conveniency_n for_o the_o better_a settle_v and_o improve_n all_o the_o land_n in_o the_o kingdom_n and_o in_o this_o they_o have_v signify_v their_o pleasure_n already_o by_o declare_v in_o the_o act_n pass_v last_o session_n that_o the_o intent_n of_o the_o incorporation_n be_v in_o order_n to_o lend_v money_n on_o land_n the_o second_o thing_n contain_v in_o the_o last_o act_n and_o now_o humble_o represent_v to_o the_o parliament_n be_v the_o secure_v the_o title_n of_o the_o land_n after_o they_o be_v so_o settle_v and_o this_o be_v intend_v by_o the_o settlement_n already_o execute_v and_o practise_v whereby_o it_o be_v declare_v that_o the_o land_n convey_v pursuant_n to_o that_o settlement_n as_o long_o as_o they_o stand_v so_o convey_v shall_v not_o be_v subject_a to_o any_o other_o encumbrance_n than_o what_o shall_v be_v charge_v thereon_o by_o the_o owner_n thereof_o in_o the_o register-book_n of_o the_o bank_n by_o which_o the_o lawyer_n be_v of_o opinion_n that_o the_o land_n will_v be_v protect_v against_o any_o other_o future_a encumbrance_n but_o to_o put_v that_o out_o of_o all_o doubt_n it_o be_v insert_v in_o the_o act_n which_o can_v be_v no_o unjustice_n to_o any_o as_o a_o register_n with_o a_o retrospect_n may_v be_v be_v only_o the_o initiate_a of_o a_o voluntary_a register_n to_o be_v perfect_v by_o time_n the_o three_o clause_n relate_v to_o land_n in_o the_o last_o act_n and_o now_o humble_o represent_v be_v a_o power_n by_o public_a sale_n to_o sell_v the_o mortgage_v land_n in_o case_n the_o money_n lend_v thereon_o by_o the_o bank_n be_v demand_v and_o unpaid_a six_o year_n together_o and_o with_o the_o money_n arise_v by_o sale_n to_o discharge_v the_o mortgage-mony_n return_v the_o overplus_n to_o the_o owner_n of_o the_o land_n and_o this_o will_v save_v expense_n in_o suit_n which_o must_v otherwise_o be_v charge_v on_o the_o land_n there_o be_v other_o clause_n for_o transfer_v the_o bill_n search_v of_o judgement_n etc._n etc._n for_o the_o better_a security_n and_o conveniency_n of_o the_o bank_n and_o that_o this_o constitution_n may_v not_o be_v divert_v from_o the_o end_n propose_v and_o intend_v we_o shall_v think_v it_o no_o penalty_n that_o the_o bank_n may_v be_v restrain_v from_o issue_v out_o any_o bill_n but_o what_o shall_v be_v charge_v upon_o land_n convey_v unto_o they_o which_o be_v more_o restrictive_a than_o all_o the_o clause_n draw_v for_o that_o purpose_n by_o the_o late_a opposer_n of_o the_o act._n now_o all_o these_o be_v conveniency_n only_o grantable_a by_o the_o legislative_a power_n without_o charge_v any_o man_n property_n and_o the_o use_n of_o they_o seem_v so_o necessary_a and_o advantageous_a it_o can_v be_v doubt_v but_o the_o legislative_a power_n will_v encourage_v this_o invention_n by_o revive_v these_o clause_n fifteen_o assertion_n that_o it_o can_v be_v doubt_v but_o the_o owner_n of_o the_o land_n will_v ready_o receive_v and_o use_v this_o invention_n silver_n and_o gold_n be_v foreign_a commodity_n prove_v buy_v of_o those_o who_o be_v sometime_o our_o ally_n and_o sometime_o our_o enemy_n and_o we_o by_o virtue_n of_o our_o agreement_n have_v make_v they_o money_n to_o the_o depreciate_a the_o value_n of_o our_o own_o land_n and_o shall_v not_o we_o by_o the_o same_o agreement_n make_v money_n of_o our_o land_n which_o will_v cost_v nothing_o and_o double_a the_o value_n of_o the_o land_n by_o do_v it_o never_o be_v any_o thing_n more_o eager_o receive_v than_o proposal_n for_o lower_a the_o interest_n of_o money_n insomuch_o that_o the_o notion_n of_o it_o disperse_v in_o common_a pamphlet_n bring_v man_n out_o of_o all_o country_n only_o to_o hear_v silly_a man_n talk_v about_o it_o perhaps_o some_o ceremony_n may_v be_v use_v in_o the_o order_n and_o precedency_n of_o come_v into_o this_o invention_n when_o that_o doctrine_n which_o we_o now_o profess_v to_o be_v our_o religion_n be_v first_o vent_v in_o the_o world_n the_o priest_n and_o ruler_n stand_v off_o and_o will_v not_o meddle_v with_o it_o because_o they_o be_v safe_o post_v at_o the_o head_n of_o the_o church_n and_o state_n and_o have_v no_o occasion_n to_o expose_v their_o reputation_n by_o turn_v projector_n and_o venture_v upon_o a_o new_a thing_n before_o they_o know_v whether_o it_o will_v take_v or_o not_o and_o therefore_o they_o set_v the_o publican_n and_o harlot_n who_o think_v themselves_o to_o have_v most_o need_v of_o it_o to_o go_v in_o first_o to_o try_v the_o experiment_n but_o when_o they_o find_v that_o the_o thing_n will_v do_v they_o all_o fall_v in_o to_o it_o one_o after_o another_o till_o at_o last_o it_o come_v to_o be_v as_o scandalous_a to_o be_v out_o of_o it_o as_o it_o be_v at_o first_o to_o be_v in_o it_o i_o know_v the_o thing_n now_o propose_v be_v new_a and_o therefore_o i_o expect_v that_o those_o who_o be_v a_o cold_a must_n first_o blow_v this_o coal_n but_o when_o it_o be_v once_o kindle_v it_o can_v never_o want_v fuel_n to_o maintain_v the_o fire_n we_o call_v they_o fop_n who_o invent_v new_a fashion_n and_o yet_o we_o all_o follow_v they_o one_o after_o another_o some_o will_v have_v they_o in_o a_o week_n other_o in_o a_o month_n some_o in_o a_o year_n after_o they_o be_v in_o and_o some_o seven_o year_n after_o they_o be_v out_o and_o so_o it_o be_v in_o the_o change_n of_o other_o custom_n for_o if_o man_n shall_v be_v all_o of_o the_o same_o mind_n together_o the_o crowd_n will_v hinder_v the_o do_v the_o business_n they_o come_v about_o man_n fall_v into_o thing_n one_o after_o another_o as_o their_o occasion_n and_o inducement_n lead_v they_o there_o be_v no_o profit_n in_o the_o world_n make_v certain_a all_o gain_n depend_v upon_o the_o contingent_a occasion_n and_o necessity_n of_o other_o a_o lawyer_n be_v not_o sure_a of_o client_n nor_o a_o physician_n of_o patient_n nor_o a_o landlord_n of_o tenant_n nor_o a_o moneyed_a man_n of_o any_o one_o to_o borrow_v of_o he_o but_o they_o all_o expect_v the_o necessity_n of_o other_o to_o support_v themselves_o by_o and_o therefore_o the_o present_a necessity_n require_v the_o use_n of_o this_o invention_n it_o can_v be_v doubt_v but_o the_o owner_n of_o the_o land_n will_v ready_o