which should have annexed to it a warehouse and factory, where all
sorts of goods might publicly be sold by the consent of the owners,
to the great advantage of the owner, the bank receiving 4 pounds per
cent. interest., and 2 per cent. commission for sale of the goods.

A third office should be appointed for discounting bills, tallies,
and notes, by which all tallies of the Exchequer, and any part of
the revenue, should at stated allowances be ready money to any
person, to the great advantage of the Government, and ease of all
such as are any ways concerned in public undertakings.

A fourth office for lending money upon land securities at 4 per
cent. interest, by which the cruelty and injustice of mortgagees
would be wholly restrained, and a register of mortgages might be
very well kept, to prevent frauds.

A fifth office for exchanges and foreign correspondences.

A sixth for inland exchanges, where a very large field of business
lies before them.

Under this head it will not be improper to consider that this method
will most effectually answer all the notions and proposals of county
banks; for by this office they would be all rendered useless and
unprofitable, since one bank of the magnitude I mention, with a
branch of its office set apart for that business, might with ease
manage all the inland exchange of the kingdom.

By which such a correspondence with all the trading towns in England
might be maintained, as that the whole kingdom should trade with the