Querist by George Berkeley
page 36 of 124 (29%)
page 36 of 124 (29%)
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251. Qu. Whether the pubic can become bankrupt so long as the notes
are issued on good security? 252. Qu. Whether mismanagement, prodigal living, hazards by trade, which often affect private banks, are equally to be apprehended in a pubic one? 253. Qu. Whether as credit became current, and this raised the value of land, the security must not of course rise? 254. Qu. Whether, as our current domestic credit grew, industry would not grow likewise; and if industry, our manufactures; and if these, our foreign credit? 255. Qu. Whether by degrees, as business and people multiplied, more bills may not be issued, without augmenting the capital stock, provided still, that they are issued on good security; which further issuing of new bills, not to be without consent of Parliament? 256. Qu. Whether such bank would not be secure? Whether the profits accruing to the pubic would not be very considerable? And whether industry in private persons would not be supplied, and a general circulation encouraged? 257. Qu. Whether such bank should, or should not, be allowed to issue notes for money deposited therein? And, if not, whether the bankers would have cause to complain? 258. Qu. Whether, if the public thrives, all particular persons must not feel the benefit thereof, even the bankers themselves? |
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