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When those correspondents afterwards drew upon them for the

payment of this sum, together with the interest and commission,

some of those banks, from the distress into which their excessive

circulation had thrown them, had sometimes no other means of

satisfying this draught, but by drawing a second set of bills,

either upon the same, or upon some other correspondents in

London; and the same sum, or rather bills for the same sum, would

in this manner make sometimes more than two or three journeys;

the debtor bank paying always the interest and commission upon

the whole accumulated sum. Even those Scotch banks which never

distinguished themselves by their extreme imprudence, were

sometimes obliged to employ this ruinous resource.