Now is the time: or, The proposal of the loan-bank seasonable By T.W.

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Title: Now is the time: or, The proposal of the loan-bank seasonable By T.W.
Author: Whately, Thomas.
Publication: London :: printed by T. M. for the author, and are to be had at Mr. Cater', in Old Palace-yard near the Parliament-house; as likewise The Loan-Office, and an Advantageous Method, &c.,; 1695/6 [1696]
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Subject terms: Debts, Public -- England -- Early works to 1800.; Land banks -- England -- Early works to 1800.; Finance, Public -- England -- Early works to 1800.
Cite this Item: "Now is the time: or, The proposal of the loan-bank seasonable By T.W." In the digital collection Early English Books Online 2. https://name.umdl.umich.edu/A96294.0001.001. University of Michigan Library Digital Collections. Accessed May 20, 2024.

Pages

II. The Seasonableness of Establishing these Loan-Banks now.

Let but a Tax or Security be granted, sufficient to answer the Interest (with a Sur∣plusage to ensure the Interest) of the Sum allow'd to be Continu'd or Lent, allotting to every Loan-Bank its proportion, with provision that the Tax or Security be conti∣nued, till the Principal be paid; and that That be made payable before any other Debts not yet contracted: This is sufficient to give the Banks a Bottom. Nor need we fear creating too much Credit to the People, or taking in too much Mony; there be ways enough to dispose of it, Debts to be paid, &c. Nor can it do us any hurt to be beforehand. And it would be a lucky Contrivance, if while we carry on a War we could be doing the Works of Peace, clearing old Scores, advancing the Stock of the Nation, &c. And, for all this,