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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A44740 A letter to a member of Parliament for settling guineas G. H. 1696 (1696) Wing H31; ESTC R40534 1,048 1

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A LETTER to a Member of PARLIAMENT for Settling GUINEAS SIR I Have Perused the Paper you sent me Entituled Guineas at 21 s. 6 d. will make Money Plenty The People will bear it c. And I believe it was Writ by One whose private Interest it is to have them so He endeavours to answer three Objections 1. The People will not bear it 2. It will be carried all away 3. Not Lent to the KING TO the 1 st he says The People will bear it and so say I They must if compell'd whether Willing or no If it will not breed Discontentments and Heart-Burning 't is Well For People to lose so Prodigiously by them 't is very Hard. The Gentleman says Not One in a Thousand will be any great Sufferer throughout the Kingdom And yet within three or four Lines afterwards he says He much pitys the Tradesmen Farmers and Tenants both in City and Country Not Considering they make above three Parts of the Whole of the Kingdom I know People are for a Settlement what they shall go for but not for such a One. This I know When News came from the House that it was carryed in the Committee at 25 s. I never saw so much Joy and Satisfaction among all People in the City and Suburbs in my Life before the other News came that it was thrown out again and then they were as Dejected I verily believe That if they were settled thereabouts for some time to the next Sessions of Parliament or a Year c. the Taxes would be speedily and cheerfully Paid and Trading as quick as for Twenty Years last past 'T is not amiss to give the People as much Satisfaction and Ease as Possible under Great Taxes and Dead Trade And if the King take them at 25 or 26 and the Deficiency made up by a Tax next Sessions or otherwise I Humbly Conceive it would Content the People better than to lose so much now at once Secondly He says It will not be carried away I Answer It will if Interest will do it and 't is Cheaper to carry it to Holland in Specie than to Remit it thither by Exchange ●●nd Guineas too is Cheaper to be carried thither at 24 or 25 s. than to Remit Money Thirdly It will be Lent to the KING And be better for his Majesty by a fifth Part of all the Supplies given him and will go a fifth Part farther I Answer If it be so then it is 20 per Cent Gain to to the Government and loss to the Subject 't is well if People are so Satisfied I Submit the Whole to Your Judgment But 't is my Opinion there is a Necessity they be Settled now or else declare by a Vote You will not this Sessions meddle with them more then they will go for about 24 or 25 s. but at present all Trade stands still almost and will do till one of these two be done G. H.