BANK.

Perhaps a public bank is as necessary to the health of the commercial body, as exercise to the natural. The circulation of the blood and spirits are promoted by one, so are cash and bills by the other; and a stagnation is equally detrimental to both. Few places are without: Yet Birmingham, famous in the annals of traffic, could boast no such claim. To remedy this defect therefore, about every tenth trader was a banker, or, a retailer of cash. At the head of whom were marshalled the whole train of drapers and grocers, till the year 1765, when a regular bank was established by Messrs. Taylor and Lloyd, two opulent tradesmen, whose credit being equal to that of the bank of England, quickly collected the shining rays of sterling property into its focus.