BY this Rule, if the Public pays Four per Cent. for Interest, it may by Circulation be reduced to one, and there is no doubt, but that a Well-constituted Bank, will be soon fill’d with Money at that Rate; the great Ground of Buying and Selling Stock being, the vast Sums of Money which lie dead on Mens Hands, who hope thereby to make some Profit, but would be glad to dispose of it, on a substantial Security, at a moderate Interest; besides the Advantage it will be to Widows and Orphans, whose Money would be safely lodged, and bring them in a certain Income, for their Maintenance; and here will be no room left for Stock-jobbing, which hath now got such a Footing, even into our public Affairs, that the Parliament doth not give a Land-Tax or a Lottery, where the Subscriptions to it are not Ingrost, by those who have not Money, in order to make an Advantage, by selling them to such as have, besides the vast Charge in the management of Lotteries. AND as to Trade, the Bank of England hath been very serviceable to this great Metropolis, by making a little Money serve the Uses of a great deal, but the Benefit thereof hath extended no farther; and why other Cities, and indeed the whole Kingdom, should not have the same Advantage, (which it will, if a National Bank be established, and Chambers settled where desired) I cannot conceive. AND here I must refer to the Appendix, for the better Illustrating the Benefit thereof, and the manner of its Institution, as then intended, which must now admit of several Alterations. IF such a Bank were settled, the Charge of managing it would be very little, and the Kingdom might grow richer some Millions every Year, and the Government have an Addition to its Security, by drawing the Cash of other Nations hither, whose Interest would thereby become interwoven with ours; and our Manufactures would be encouraged by a Flux of Money, which is the Life of Trade; and this, with the easiness of our Government, would bring the monied Men of Europe to settle here, which would be an Addition to our Wealth; the Trader might hence be supplied, with such Sums of Money as he shall want, and for so long time only, as he shall have Occasion to use it; whereby the Fishery, and other good Undertakings, may be encouraged, and our Wool be certainly kept at Home; and the Gentlemen of England may be hence furnished with Money at the common Interest, and be permitted to make their Payments by such Parts, as they can best spare it; the want of which is now such a Clog upon their Estates, that it destroys many good Families; who, when they are once got into the Usurers Books, can find no way to get out, till they have paid the whole Debt at once, so that their Estates are devoured, by Procuration and Continuation.