bank. Under the direction of this office a public cashier should be
appointed in every county, to reside in the capital town as to trade
(and in some counties more), through whose hands all the cash of the
revenue of the gentry and of trade should be returned on the bank in
London, and from the bank again on their cashier in every respective
county or town, at the small exchange of 0.5 per cent., by which
means all loss of money carried upon the road, to the encouragement
of robbers and ruining of the country, who are sued for those
robberies, would be more effectually prevented than by all the
statutes against highwaymen that are or can be made.

As to public advancings of money to the Government, they may be left
to the directors in a body, as all other disputes and contingent
cases are; and whoever examines these heads of business apart, and
has any judgment in the particulars, will, I suppose, allow that a
stock of ten millions may find employment in them, though it be
indeed a very great sum.

I could offer some very good reasons why this way of management by
particular offices for every particular sort of business is not only
the easiest, but the safest, way of executing an affair of such
variety and consequence; also I could state a method for the
proceedings of those private offices, their conjunction with and
dependence on the general court of the directors, and how the
various accounts should centre in one general capital account of
stock, with regulations and appeals; but I believe them to be
needless--at least, in this place.

If it be objected here that it is impossible for one joint-stock to
go through the whole business of the kingdom, I answer, I believe it