The Querist: Containing Several Queries Proposed to the Consideration of the PublicBerkeley, George
Philosophy
The Querist: Containing Several Queries Proposed to the Consideration of the Public
Berkeley, George
Great Britain -- Economic conditions -- 18th century; Great Britain -- Economic policy; Wealth
59. Qu. Whether there be not a certain limit, under which no sum can
be entered into the bank?
60. Qu. Whether each particular person doth not pay a fee in order
to be admitted to a compte en banc at Hamburgh and Amsterdam?
61. Qu. Whether the effects lodged in the bank of Hamburgh are
liable to be seized for debt or forfeiture?
62. Qu. Whether this bank doth not lend money upon pawns at low
interest and only for half a year, after which term, in default of
payment, the pawns are punctually sold by auction?
63. Qu. Whether the book-keepers of the bank of Hamburgh are not
obliged upon oath never to reveal what sums of money are paid in or
out of the bank, or what effects any particular person has therein?
64. Qu. Whether, therefore, it be possible to know the state or
stock of this bank; and yet whether it be not of the greatest
reputation and most established credit throughout the North?
65. Qu. Whether the success of those public banks in Venice,
Amsterdam and Hamburg would not naturally produce in other States an
inclination to the same methods?
66. Qu. Whether an absolute monarchy be so apt to gain credit, and
whether the vivacity of some humours could so well suit with the
slow steps and discreet management which a bank requires?
67. Qu. Whether the bank called the general bank of France,
contrived by Mr Law, and established by letters patent in May, 1716,
was not in truth a particular and not a national bank, being in the
hands of a particular company privileged and protected by the
Government?
68. Qu. Whether the Government did not order that the notes of this
bank should pass on a par with ready money in all payments of the
revenue?
69. Qu. Whether this bank was not obliged to issue only such notes
as were payable at sight?
70. Qu. Whether it was not made a capital crime to forge the notes
of this bank?
71. Qu. Whether this bank was not restrained from trading either by
sea or land, and from taking up money upon interest?
72. Qu. Whether the original stock thereof was not six millions of
livres, divided into actions of a thousand crowns each?
73. Qu. Whether the proprietors were not to hold general assemblies
twice in the year, for the regulating of their affairs?
74. Qu. Whether the accompts of this bank were not balanced twice
every year?
75. Qu. Whether there were not two chests belonging to this bank,
the one called the general chest containing their specie, their
bills and their copper plates for the printing of those bills, under
the custody of three locks, whereof the keys were kept by the
director, the inspector and treasurer, also another called the
ordinary chest, containing part of the stock not exceeding two
hundred thousand crowns, under the key of the treasurer?
76. Qu. Whether out of this last mentioned sum, each particular
cashier was not to be intrusted with a share not exceeding the value
of twenty thousand crowns at a time, and that under good security?
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