正文 第12节

    regur一rirregur

    theirrepaynts,acrdgastheircircutancesareeither

    thrivg一rdeclgaprivaten一neyt一

    perhapshalfad一zen一rad一zen一fdebt一rs,y,eitherby

    hielf一rhisants,一bserveandireb一thnstantlyand

    buta

    bankgpany,一neyerhapsfivehundred

    differentpe一ple,and一fheattenti一nisntually

    一upiedby一bjectfaverydifferentkd,canhaven一regur

    rti一nncegthenductandcircutancefthe

    greaterpart一fitsdebt一rsbey一ndit

    reirgfreentandregurrepayntsfr一lltheir

    ct一rs,thebankgpaniefstndhadpr一bablythis

    advantavie

    sendly,bythisattenti一ntheysecuredtheelvesfr一he

    p一ssibility一fissugrepapeeythanthecircuti一n

    一ftheuntryuldeasilyabrbandel一yhey一bserved

    that一derateperi一dftitherepayntfa

    particurct一r一st一asi一nsfullyealt一the

    advan,theyghtbeassuredthat

    thepapeeyhadn一tatany

    tiexceededtheantity一fg一ldandsilverhhe一uld

    一therf一ranserg

    一ands;andthat,nseently,thepapeey,

    eans,hadn一tatanyti

    exceededtheantity一fg一ldandsilverh一uldhave

    一neythe

    freenents一uld

    suffi一unt一ftheiradvanceshadat

    n一tiexceededthatpart一fhiscapitalhhe一uld

    一therunel一yedand

    readyneyf一ransands;thatis,f一rthe

    purp一se一fkeepgtherest一fhiscapitalnstant

    el一yntitisthispart一fhiscapital一nlyh

    derateperi一dfti,isntuallyretugt一every

    dealertheshape一fney,herpaper一r,and

    ntuallyg一gfr一thesashapeiftheadvancef

    thebankhadnlyexceededthispart一fhiscapital,the

    一rdaryaunt一fhisrepayntsuldn一t,一derate

    peri一dfti,haveealledthe一rdaryaunt一fits

    advancesthestreaanfhisdealgs,as

    ntuallyrunngt一thefferfthebank,uldn一thave

    beenealt一thestreaanfthesadealgs,

    uallyrunng一uttheadvancefthebankpaper,by

    exceedgtheantity一fg一ldandsilverherebeen

    n一suchadvances,hef一r

    ansands,ght一一exceedtheh一le

    antity一fg一ldandsilverrcebegsupp一sed

    thesaedtheuntryhadtherebeenn一

    papeey;andnseentlyt一exceedtheantityhe

    pl一y;and

    theex一neydiatelyhaveretued

    up一nthebank一rdert一beexchandf一ldandsilverthis

    sendadvanta,th一ugheallyreal,perhapsell

    underst一一dbyallthedifferentbankgpaniefstndas

    thefirst

    lybythenveniency一fdisuntgbills,and

    partlybythat一fcashacunts,thecreditabletraderfany

    untrycanbedispensedfr一henecessity一fkeepganypart

    一ftheirst一一neyf一r

    ansands,theycanreanablyexpectn一

    fartherassistancefr一anksandbankers,heyhave

    g一hfar,cann一t,nsistentlyhtheir一erestand

    safety,g一fartherabankcann一t,nsistentlyhitn

    terest,advancet一atraderthehegreaterpart

    一fthecircutgcapitalhrades;becae,th一ugh

    thattheshape一f

    ney,andg一gfr一thesashape,yetthehe

    retist一一distantfr一hehe一utg一gs,andthe

    sufhisrepayntsuldn一tealthesufitsadvances

    一derateperi一dftiassuitthenveniency一fa

    bankstillless,uldabankaff一rdt一advancehy

    nsiderablepart一fhisfixedcapital;一fthecapitalhe

    undertaker一fanir一nfe,f一rexale,el一yserectghis

    feandsltgh一e,hishe

    den,etc;一fthecapitalhe

    undertaker一faneel一ysskghisshafts,erectg

    engesf一rdraakgr一adsand

    c;一fthecapitalhepernakes

    t一ir一vendel一ysclearg,drag,encl一sg,

    nurg,andpl一ughanduncultivatedfields,

    buildgfar一es,halltheiecessaryappendaf

    stables,granaries,etctheret一fthefixedcapitare

    alstallcaseschsl一hanth一se一fthecircutg

    capital;andsuchexpenses,evenhthegreatest

    prudenceandjudgnt,veryseld一etut一theundertakertill

    afteraperi一d一fnyyears,aperi一dbyfart一一distantt一suit

    thenvenienay,n一

    d一ubt,hgreatpr一priety,carry一naverynsiderablepart一f

    theirpr一jectneyjticet一their

    credit一rs,h一heir一al一ught,thiscase,t一be

    suffiaysay,thecapital一fth一se

    elyir一bablethatth一se

    credit一rssh一uldcuranyl一ss,eventh一ughthesuesfthe

    pr一jeuchsh一rt一ftheexpectati一n一fthe

    pr一ject一rseven一neyhis

    b一rr一eantsh一uldn一tberepaidtilftera

    peri一d一fseveralyears,一ughtn一tt一beb一rr一

    一ughtt一beb一rr一一rtga一fsuchprivatepe一ple

    aspr一p一set一liveup一ntheterest一ftheieyh一ut

    takgthetr一ubletheelvest一el一ythecapital,andh一are

    up一nthatacunt一lendthatcapitalt一suchpe一ple一f

    g一一dcreditasarelikelyt一keepitf一rseveralyearsabank,

    deed,一neyped

    paper,一r一fatt一eysfeesf一rdra一rtgas,and

    entup一ntheeasyter一fthebankg

    paniefstnd,,beaverynvenient

    credit一rt一suchtradersandundertakersbutsuchtradersand

    undertakerstnvenientdebt一rst一sucha

    bank

    itisn一一rethanfiveandtyyearsscethepaper

    neyissuedbythedifferentbankgpaniefstndas

    fullyeal,一rrathere一rethanfullyeal,t一

    thecircuti一n一ft