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
12. Qu. Whether Lord Clarendon doth not aver of his own knowledge,
that the Prince of Orange, with the best credit, and the assistance
of the richest men in Amsterdam, was above ten days endeavouring to
raise L20,000 in specie, without being able to raise half the sum in
all that time? (See Clarendon's History, BK. XII)
13. Qu. Whether the whole city of Amsterdam would not have been
troubled to have brought together twenty thousand pounds in one
room?
14. Qu. Whether it be not absolutely necessary that there must be a
bank and must be a trust? And, if so, whether it be not the most
safe and prudent course to have a national bank and trust the
legislature?
15. Qu. Whether objections against trust in general avail, when it
is allowed there must be a trust, and the only question is where to
place this trust, whether in the legislature or in private hands?
16. Qu. Whether it can be expected that private persons should have
more regard to the public than the public itself?
17. Qu. Whether, if there be hazards from mismanagement, those may
not be provided against in the framing of a pubic bank; but whether
any provision can be made against the mismanagement of private banks
that are under no check, control, or inspection?
18. Qu. Whatever may be said for the sake of objecting, yet, whether
it be not false in fact, that men would prefer a private security to
a public security?
19. Qu. Whether a national bank ought to be considered as a new
experiment; and whether it be not a motive to try this scheme that
it hath been already tried with success in other countries?
20. Qu. If power followeth money, whether this can be anywhere more
properly and securely placed, than in the same hands wherein the
supreme power is already placed?
21. Qu. Whether there be more danger of abuse in a private than in a
public management?
22. Qu. Whether the proper usual remedy for abuses of private banks
be not to bring them before Parliament, and subject them to the
inspection of a committee; and whether it be not more prudent to
prevent than to redress an evil?
23. Qu. Supposing there had been hitherto no such thing as a bank,
and the question were now first proposed, whether it would be safer
to circulate unlimited bills in a private credit, or bills to a
limited value on the public credit of the community, what would men
think?
24. Qu. Whether experience and example be not the plainest proof;
and whether any instance can be assigned where a national bank hath
not been attended with great advantage to the public?
25. Qu. Whether the evils apprehended from a national bank are not
much more to be apprehended from private banks; but whether men by
custom are not familiarized and reconciled to common dangers, which
are therefore thought less than they really are?
26. Qu. Whether it would not be very hard to suppose all sense,
honesty, and public spirit were in the keeping of only a few private
men, and the public was not fit to be trusted?
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