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enemy_n king_n money_n realm_n 1,059 5 9.8231 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A06788 Englands vievv, in the vnmasking of two paradoxes with a replication vnto the answer of Maister Iohn Bodine. By Gerrard de Malynes Merchant. Malynes, Gerard, fl. 1586-1641. 1603 (1603) STC 17225; ESTC S120062 59,335 206

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that it would make now with vs 27 hūdred thousand pounds the ounce of siluer being esteemed at fiue shillings which then was but at twentie pence Edward the third made many good lawes to keepe the treasure within the realme and for the aduancement of his home Commodities and had a great care that the forraine Commodities should not ouer-ballaunce his home Commodities knowing that if hee payed more for them then he made of his Commodities the difference must be made vp and ballanced with the treasure or money of the realme For hauing brought the working and making of cloth into the realme he did deuise by all meanes to find vent for the same obseruing a due course for to preuent the transportation of his money and that the true value of his money might be answered by exchaunge with the monies of other countries And forasmuch as the same course of exchange could not be done by a multitude of people so conueniently the most part being ignorant of the true value of the monies of other countries he did appoint and ordaine an Exchanger who did make exchaunges with all men for forraine parts according to value for value and specie for specie proceeding in all things most orderly as may appeare also by that a sacke of wooll containeth 13 Tods according to the Lunar moneths of the yeare euery Tod 4 nayles for the 4 weekes to the moneth and so 52 weekes in the yeare euery nayle 7 pounds to the 7 daies of the weeke and so 28 dayes for the moneth as 28 pounds for a Tod and in all 364 pounds for so many dayes of the yeare Richard the second hauing an especiall regard to the ouer-ballancing of forraine Commodities with his home Commodities caused the Statute of Employment for merchants strangers to be duly executed And if they could not sell their Commodities within a conuenient time they were to transport the same againe and if they made not their returne in Commodities they might deliuer their money by exchange but onely to the Exchaunger by him ordained and none other Henry the fift confirming the former statutes caused the Staplers to bring into the realme in returne of their wools a great part in bullion and the Statute of Employment to be duly executed And the like was done by other kings Henry the seuenth in the 3 yeare of his raigne made an Act of Parliament for explanation of the former Statutes prohibiting all manner of exchaunge or rechaunge within his realme or for any forraine parts and that no person should make any exchange without the kings licence or of his exchanger according to the statute of Richard the second For in his time the Bankers had their beginning who did inuent the merchandizing exchange and made of money a merchandize whereby they found the means to ouer-rule the course of Cōmodities and to aduance the price of their Commodities abating the price of others But this prudent and politicke king hauing his coffers stored with standing treasure did for the furtherance of trafficke and for to aduance the price of his Commodities lend great summes of mony freely to the Merchants And whereas other nations came into the realme to buy his Commodities which he knew to be staple Commodities and of great request as being most necessarie for the vse of man he did inhibite them the buying of any vnlesse they became bound in Recognizance not to carie any to the place where his subiects kept their Marts and did so qualifie the course of Commodities money and exchange as he left an incredible wealth and treasure in those dayes when the West Indies were but newly discouered and an ounce of siluer but valued at 40 pence Henry the 8 in the 18 yeare of his raigne perceiuing the price of money continually to rise beyond the seas after remission made vnto the Archduke of Burgundie and no reformation ensuing caused the angell noble to be valued from 6 shillings 8 pence vnto seuen shillings 6 pence wherby an ounce of siluer was worth fiue and fortie pence afterwards requested the Duchesse to value his angell at a higher rate as is before shewed which was cleane contrarie And then Cardinall Wolsey obtained a patent to alter the valuation of money as he should see cause from time to time In the 22 yeare of his raigne the king being informed that diuerse nations brought abundance of forraine Commodities into his realme and fearing an ouerballancing of Commodities for that those nations receiuing readie monie for their Commodities which mony they euer deliuered by exchange vnto other Merchants neuer employed the same on the Commodities of the realme wherby his Maiestie was hindred in his Customes and the Commodities of the realme lesse vented he caused a Proclamation to be made according to the former statutes That no person should make any exchange contrarie to the true meaning of the said Statutes vpon paine to be taken the kings mortall enemie and to forfeit all that he might forfeit which tooke place but for a short time because the wars brought all things out of order So that at last the base mony was coyned which being done without any order brought diuerse inconueniences to the realme Edward the sixt did crie downe those base monies of his father and caused new money to be coyned according to the auncient standard of the realme and did also prohibite very seuerely the transportation thereof by Proclamations albeit they proued fruitlesse as they haue done in her Maiesties time By this briefe collection is to be seene the great care these noble Princes haue had to the end they should not find themselues and their kingdome without treasure of gold siluer drawne by meanes of their Cōmodities and to auoid Not to fall into that error of the French king Charls the ninth who after the massacre of Paris finding the treasure of his realm exhausted and his subiects wealth to consist more of plate then of readie money was aduised by some that vnder colour of the suppressing of pride it were good to take a course to prescribe euery man what store of plate he should keepe according to his degree and qualitie and the rest to bee conuerted into money Others were of opinion that it would not onely breed a discontentment vnto his subiects but a derogation and dishonor of the kings reputation seeing that the estate of a Prince doth as much consist by reputation as by strength wherefore like good Polititians did aduise the king to embase his money which wold cause the same not to be transported and the plate to be of course conuerted into mony Which was done accordingly and had also that effect sauing that where they thought money would not be transported they foūd thēselues deceiued For the course of exchange was not looked into by them which did cause a gaine to be had vpon the mony and so long as the gaine remained it was still transported whereby at last he lost the plate of