128 THE BANK ACCOUNTANT. 



at such a time to possess it. It would be at least, 

 during the pause, not a means of bettering his circum- 

 stances, but a means of reducing them ; and this very 

 conviction would be a spur that, in times of doubtful 

 speculation, might provoke to the unwise employment of 

 it. But lent on the Cash Credit scheme, no portion of 

 it would bear interest save the portion in present use ; 

 and if not only the whole was relodged with the bank 

 during some languid interval in which the wheels of 

 trade moved heavily, but also an additional sum, that 

 additional sum would bear interest to the holder's ad- 

 vantage. A few figures, however, arranged in the form 

 of a Cash Credit Account, may give our readers a much 

 better idea of the nature of the device so admired by 

 the philosophic Hume for its ingenuity, than any mere 

 verbal description : 



Cash Credit for 100, A. B., Dr. to the 



1844. Dr. 

 



Nov. 1 To 10 



3 To 20 



5 To 10 



8 To 12 



i, 10 By 



,, 12 By 



14 By 



The nature of the business represented by these simple 

 figures, part of the page of a bank ledger, is as fol- 

 lows : A. B. holds in one of our Scotch banks a Cash 

 Credit Account to the amount of a hundred pounds, for 

 which C. D. and E. E. are sureties, and on which he 

 began to operate on the first day of November last, by 



