PROPOSITIONS FOR General Land-Banks.  
THAT BANKS under Money'd-Directors will not answer the ends of the Landed-men, 
Money-Banks not National.  is proved by the Bank of England, nor will the same be effectual in the hands of a few, (even of the Landed Gentlemen) because Self-interest is incessantly whispering.  
Such Banks therefore deserve the preference, whose prospect is the greatest for the general Good, and shall deny none (who are willing) to partake.  
Land (and that only) is the  in place, 
Land-Banks are National.  and durable Estate of the Kingdom, and the primum Mobile of all things therein, which feels the jarrings of all other Wheels.  
Numbers of Traders will increase Traffic, 
Landed-mens' advantage to increase Trade, and lower Interest.  with the Productions of the Earth, and Manufactures, as also the Values; which will enable the Tenants to give the better Rents; but these are checked by the Scarcity and high Interests of Money, or a Medium as useful to promote the Commerce, which Obstacles, 'tis therefore the Landed-men's Interest, (and is, and aught to be in their power) to remove, and to make the People easy.  
On the contrary, 
Moneyed men's Interest opposite to Landed-men and Trade.  'tis the Purse-men's Profit to monopolise Trade, and to keep Money, and all Mediums scarce, and the Usury high; which is a quite opposite Interest, oppressive to the People, and destructive to Traffic.  
'Tis the Landed-men who pay the Great Taxes, 
Land pays the Great Taxes which Money'd-men evade.  and feel the Burdens of the rest, whilst the Money'd-men tower up Estates, shelt'ring, and hugging themselves in Concealments, and subtle Evasions.  
Wherefore, 
Banks-Credit ought to be on Lands.  as safe Banks will (certainly) have vast Credit, so the same aught to be founded on that firm Security of Lands, and always lodged in the Hands of the Possessors, whose Interest will (ever) guide them to the Commune Bonum of the Kingdom.  

The Method of Establishing these Banks, may be, viz.  
I. 
Funds not to exceed ¼ of the yearly Rent, and are advantageous to Estates entailed.  That the Possessors of Lands (tho' entailed) be permitted to oblige their Lands for payment, as far as five Shillings in the Pound of the Rents per Annum, and the Bank-profits to attend the Inheritance. Because, 

1. To determine Titles by Bank-Directors, will be Arbitrary, Tedious, and Uncertain.  
2. No Prejudice can befall the Heirs, as will presently appear.  
3. Abundance of Worthy Gentlemen, of great Estates in Land, will be secluded the intended Bank-benefits; and both the Banks and Common People will suffer much through the want of their Assistance.  
4. If aught can be called Risque, the Possessors will bear it, by advancing their Money, which the next Heirs will enjoy with their Lands.  
5. The Profits of the Bank ought to attend the Inheritance, that the Bank-management may always be in the Landed-men.    
II. 
Bank-Stocks to be four Years Subscription certain, and seven Years more for Security of Creditors.  That every Sum subscribed be divided into eleven Annual Payments; one Payment to be made at the Subscription, and the same to be repeated for three more successive Years, which will be four Years payments for a Stock to circulate the Bank-Bills, and the rest to attend the yearly Demands of the Directors to make good the Bank-Credit, if occasion should be, which is not (at all) probable.  
III. 
No other Dividends than out of the Profits, reserving the first four Years Stock.  That no Dividend be issued of more than the neat Profits, reserving the first four Payments for the Bank-Stock, which will give the more sure Credit to the Banks, and be so much clear Benefit to the next Heirs; and the Possessors (besides the Bank-profits) will be also encouraged, in hope to outlive the few Years their Estates will be engaged for.  
iv 
London and County-Banks.  That one Land-Bank be in London, and branched into the most trading Parts of England, or each County to manage their own Banks; every of which to have safe Repositories for Goods pledged, or for sale.   

OR THUS, Viz.  
If a Fund of _____ in the Pound Rents for _____ years be raised by Parliament, 
Land-Banks by a Parliamentary Fund.  and paid into the Banks without Charge, and managed by Directors chosen by Parliament, either way will create Banks alike beneficial; and if one, or the other were on foot, the Landed men's Profits would prevent their ever declining, and as soon advance Taxes, as will be required.  
As, 
Taxes raised by a Land-Bank. Two Millions by Excise on Salt at 7 per Cent. Interest.  admit two Millions demanded on a Parliamentary Fund by Excise on Salt, etc. at 7 per Cent. Interest, and the Banks Income by Land settled, be but 200000 l. per. Annum, and Tallies or Bills made of 50 l. or 100 l. each, for the said two Millions at 7 per Cent. Interest; the Banks having power to hasten the payments of the Tallies, as their Bank-Stocks and Credit will admit, more Tallies would be called in, than the Owners would willingly bring, and be as current as any Bank-Bills whatsoever.  
But to advance the Banks Credit, 
To pay off 1/10 part yearly.  That Fund for the 7 per Cent. Interest of the Two Millions may be so enlarged, as one tenth part of the said Two Millions to be paid off yearly.  
And if the Banks receive out of the said Excise-Fund (besides that Interest) the yearly Sum (towards discharge of the Principal of the said Two Millions) of l. 200,000 And that no more Annual Income by Lands settled for the Banks Stocks (as cannot be imagined but that abundantly more will undoubtedly be subscribed) than 200,000 The Banks will then receive per Annum 400,000  
Besides the 7 per Cent. Interest of those Tallies they shall annually (by their own Stock) call in from the People.  
Consequently all the Tallies for the Two Millions will be paid off to the People in less than five years without the assistance of the Bank-Credit, 
The two Millions paid off in less than five Years.  whereby the Banks will have the certain benefits of that 7 per Cent. for their moneys advanced, until satisfied to them by the Nation.  
For which Reasons, 
Banks protected by King, Lords, and Commons.  These Bank-Bills or Tallies with the Interest of 7 per Cent. will be more acceptable in all Payments, and more like to be paid off on demand, than any other Sett of Bank-Bills whatsoever: And the rather, Because such Land-Banks cannot fail of the protection of the King, Lords and Commons, these being entirely in the Interest of the Nation; therefore greater or more secure Credit cannot be wished for.  
'Twill be the advantage of such Banks to lend Money at easy Rates on Goods deposited, 
Manufactured Goods sold at best Prices, and the Owners freed from being imposed on by the present Factors.  and become Factors thereof, to sell those at best Prices, and thereby free the Owners from being imposed on (as is not seldom done) by the present Factors, through the want of Money for the said Owners necessary Occasions, which often urges untimely Sales of the Manufactures at under Rates, whereby the Productions of the Earth (whereof those are made) do also fall low, and disable the Tenant in their Deuce to their Landlords, who are (at Bottom) the Losers; and è Conversô, the more the Manufactures yield, the higher will be the Products of the Earth, as is evident by the rise of the Wool on the sudden advance of the Woollen Manufactures.  
Managers of Land-Banks will (contrary to Money-Banks) study hard to sink Interest; Because, as that falls, Land rises, both in Rents, and in Sales; for the use of Money is equally considered by the Farmers, and Makers of, and Dealers in, Manufactures, as if the like Tax were put on their Stocks; And as high Interest abates, less Taxes will be needful to pay that Interest of Taxes.  
In sum, 
Land-Banks will do the most good.  These Banks will be capable of doing (at least) as much good as any other Banks can pretend to, and more good than can be easily expressed (in so small a Treatise) or readily thought of; and can injure none, save in disappointing the Usurers from devouring the Labours of the best Designing, and most Industrious of the People.  
Much more might be said; but not to reflect; The present Intent is to repeat and promote what has been formerly by me made public, as most National and Practical; And whether these Methods are (or are not) approved for raising Taxes this Year, 'tis hearty wished, that such a liberty by Law be given for all Landed-men (by Bank-credit) to improve their Estates (and for being most National under their management); and also, That any Persons who now do (or hereafter shall) join in the settling safe Banks, may be incorporated under proper Limitations; For certainly, the greater the number of such Banks, the better will it be for the Nation in general, and for the Landed-men in particular: Recommending (with submission) to the observation of our Legislators, to oblige those by Law to perform their Pretences, 
Specious Pretenders to be obliged to perform their Promises.  who have made (or shall make) specious Insinuations and Promises to lend Money at low Interest; and not be suffered to purchase Lands, lest they lessen the number of the Country Gentry (by engrossing their Lands) as was formerly done by the Abbeys, Priories and Nunneries; and that a due care be had to prevent encouraging the Monopolising (especially of Foreign) Commodities consumeable in England. And that Stock-jobbings, and all voluntary Diminutions out of the Capital be totally suppressed. And no Dividend admitted, save what shall arise out of the certain Profits of the Banks.  
If the Readers find all (or aught herein) for the Kingdom's Advantage, and will promote the same, I shall think my Pains well spent for the common good of the Nation, in general; and that my good Intentions may meet with a favourable Construction, is hoped for. By  
Dalby Thomas.