Querist by George Berkeley
page 29 of 124 (23%)
page 29 of 124 (23%)
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204. Qu. Whether a bank of national credit, supported by public
funds and secured by Parliament, be a chimera or impossible thing? And if not, what would follow from the supposal of such a bank? 205. Qu. Whether the currency of a credit so well secured would not be of great advantage to our trade and manufactures? 206. Qu. Whether the notes of such public bank would not have a more general circulation than those of private banks, as being less subject to frauds and hazards? 207. Qu. Whether it be not agreed that paper hath in many respects the advantage above coin, as being of more dispatch in payments, more easily transferred, preserved, and recovered when lost? 208. Qu. Whether, besides these advantages, there be not an evident necessity for circulating credit by paper, from the defect of coin in this kingdom? 209. Qu. Whether the public may not as well save the interest which it now pays? 210. Qu. What would happen if two of our banks should break at once? And whether it be wise to neglect providing against an event which experience hath shewn us not to be impossible? 211. Qu. Whether such an accident would not particularly affect the bankers? And therefore whether a national bank would not be a security even to private bankers? |
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