Besides, as Interest is now managed, ’tis both a Clog to the Gentlemen’s Estates, and a Discouragement to Traders and Manufacturers, considering, that the whole Sum borrowed must be paid in at once; by which means, being got into the Usurer’s Books, they can scarce ever find the way out; Now if the Borrower had Liberty to pay in the Principle, by such Parts as he is able to raise it, and the Interest for so much to Cease from that time, this would Encourage Industry, and Promote Improvements, both in Product and Manufactures, which are the two things that encrease the Wealth of a Nation. An Infant-Manufacture must be Carried on at a Small Profit, and must as I may say, Fight its way through; which cannot be done, where Interest carries such a Load with it; and therefore I am of Opinion, that Nothing less than a Joynt Stock, can make _Ireland_ Flourish; which will in the Consequence turn likewise to the Advantage of _England_; the Gentlemen of _Ireland_, being by these Means made more Easy in their Circumstances, and having their Former Incumbrances brought Lower, will Spend more of their Money here, and Wear more of our Manufactures there. Nor will this way of Lending out Money be any Disadvantage to a Corporation, who will find fit Opportunities of Employing their Stock, as fast as it is paid in; and the Profits thereof being Returned hither in Linnens, they may Afford to sell them Cheaper, than Private Stocks can do. But I do not think this Work can be presently Brought about; ’twill not be Easy to Perswade the Landlords nor Tenants of _Ireland_, to leave off the way of Husbandry they are now upon, and to Turn their Lands to Hemp and Flax, till they see some Encouragement; But when they shall find this New Product bring Ready Money, they will soon Set upon it; if the Manufacturer receives Ready Money for his Cloath, he will be able to pay Ready Money both for Materials and Labour, which Circulation will Encourage both the Farmer and the Manufacturer; and by Degrees, Hemp and Flax-seed will be Sowed in all Lands Proper for them, and the Owners will soon see the Difference, between Raising Commodities, for which there is a Present Demand, and such, as lye on their Hands; For though _Ireland_ may in time Produce greater Quantities of Hemp and Flax than they can Work up, yet not more than _England_ may Take off, without Prejudice to any Foreign Trade we drive; and their Number of Hands, will in all probability be Encreased by the _French_ Refugees, who will be Glad to go thither, where they may be Employed in a Manufacture, so natural to them as Linnen is; which will also give a Fatal Blow to the Kingdom of _France_ in that Manufacture. The People in the North of _Ireland_ make good Cloath, sell it at Reasonable Rates, and wou’d every Year make much more, had they a Vent for it; And it is to be observed, that Money is not Plentier, nor Rents paid better, in any part of _Ireland_, than there.