SECT. VII.] RESULTS OF THE INQUIRY. 253 



butable to their having organized amongst them- 

 selves banks, to which in the end Government has 

 granted privileges. The advances of these banks 

 have not cost more than three per cent, interest 

 per annum, and the periods of repayment were 

 always fixed at a term of five or ten years. 



If the English Government wishes to put Ire- 

 land into a progressive state of amelioration, it 

 will succeed better, even for its own interest, by 

 lending at two and a half per cent., than at the rate 

 of five per cent., as recommended by the Com- 

 missioners. 



