Sayfa 827 / 2651

But this discovery is not altogether so easy when they discount

their bills sometimes with one banker, and sometimes with

another, and when the two same persons do not constantly draw and

redraw upon one another, but occasionally run the round of a

great circle of projectors, who find it for their interest to

assist one another in this method of raising money and to render

it, upon that account, as difficult as possible to distinguish

between a real and a fictitious bill of exchange, between a bill

drawn by a real creditor upon a real debtor, and a bill for which

there was properly no real creditor but the bank which discounted

it, nor any real debtor but the projector who made use of the

money.