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The Prose Works of Jonathan Swift, D.D. - Volume 07

Note 57 — IRELAND.

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Hely Hutchinson, in his "Commercial Restraints of Ireland" (Dublin, 1779; new edit. 1888) points out that the scheme proposed by the government, and partly executed, by directing a commission under the great seal for receiving voluntary subscriptions in order to establish a bank, was a scheme to circulate paper without money. This and Wood's halfpence seem to have been the nearest approach made at the time for supplying what Swift here calls "the running cash of the nation." [T. S.]

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