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england_n bring_v english_a king_n 2,647 5 3.5176 3 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A70269 The alteration of the coyn, with a feasible method to do it most humbly proposed to both houses of Parliament. To which is annexed, a projection, or scheem of reasonable terms, for establishing a firm and general peace in Europe. / By Thomas Houghton, of Lyme-Street, Gent. Houghton, Thomas, Gent.; Houghton, Thomas, Gent. Europe's glory. 1695 (1695) Wing H2923A; ESTC R20595 29,306 52

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day_n of_o next_o ensue_a all_o silver_n import_v in_o what_o form_n soever_o it_o be_v whether_o in_o ingot_n dollar_n bar_n or_o cake_n of_o bullion_n if_o it_o be_v not_o coin_v here_o nor_o sell_v for_o inland_n use_v whenever_o it_o be_v export_v aught_o to_o pay_v twenty_o pound_n per_fw-la cent._n custom_n for_o these_o reason_n follow_v he_o that_o import_v silver_n and_o do_v not_o coin_n it_o here_o do_v the_o nation_n no_o service_n by_o his_o import_v it_o but_o a_o great_a deal_n of_o prejudice_n because_o if_o the_o value_n of_o it_o have_v be_v bring_v home_o in_o any_o other_o good_n they_o must_v have_v pay_v the_o king_n custom_n and_o the_o good_n will_v have_v be_v serviceable_a and_o useful_a one_o way_n or_o another_o for_o the_o english_a people_n and_o several_a tradesman_n according_a as_o the_o good_n shall_v happen_v to_o be_v may_v have_v have_v advantage_n by_o they_o but_o be_v bring_v over_o in_o bullion_n and_o ship_v out_o again_o there_o be_v not_o a_o penny_n get_v but_o by_o the_o importer_n and_o exporter_n so_o that_o to_o suffer_v silver_n to_o be_v import_v and_o export_v custom-free_a be_v extreme_o destructive_a to_o the_o interest_n and_o welfare_n of_o the_o nation_n for_o example_n suppose_v there_o be_v little_a or_o no_o cocheneal_a in_o holland_n and_o the_o english_a fleet_n come_v from_o cadiz_n shall_v being_n five_o ton_n home_o when_o the_o price_n in_o england_n be_v twenty_o five_o shilling_n a_o pound_n and_o thirty_o shilling_n a_o pound_n in_o holland_n be_v there_o any_o reason_n why_o this_o cocheneal_a shall_v be_v bring_v into_o england_n by_o english_a ship_n put_v ashore_o here_o and_o afterward_o ship_v for_o holland_n because_o the_o price_n be_v high_a there_o than_o here_o and_o yet_o pay_v no_o custom_n inward_o nor_o outward_o i_o say_v no_o the_o king_n ought_v to_o have_v his_o custom_n pay_v nor_o ought_v it_o to_o be_v so_o with_o silver_n the_o same_o may_v be_v say_v for_o all_o other_o sort_n of_o good_n as_o well_o as_o cocheneal_a if_o they_o may_v be_v bring_v in_o and_o carry_v out_o custom-free_a who_o will_v not_o deal_v in_o those_o that_o be_v so_o for_o suppose_v the_o hollander_n and_o hamburgher_n have_v little_a or_o no_o ship_n it_o be_v reasonable_a the_o english_a merchant_n or_o any_o other_o shall_v import_n good_n in_o england_n and_o when_o they_o think_v fit_a export_v they_o to_o holland_n or_o hamborough_n and_o pay_v no_o custom_n in_o nor_o out_o sure_o they_o ought_v not_o nor_o will_v any_o reasonable_a man_n say_v they_o shall_v unless_o he_o will_v have_v the_o king_n custom_n bring_v to_o nothing_o and_o the_o public_a expense_n bare_o maintain_v out_o of_o the_o crown_n land_n the_o case_n be_v the_o very_a same_o with_o silver_n if_o it_o be_v bring_v in_o here_o and_o ship_v out_o again_o it_o ought_v to_o pay_v a_o very_a considerable_a duty_n outward_o though_o none_o inward_o because_o the_o suffer_v of_o bullion_n to_o be_v export_v without_o pay_v a_o duty_n under_o the_o pretence_n of_o foreign_a silver_n have_v give_v great_a encouragement_n and_o be_v the_o only_a cause_n of_o the_o melt_v down_o of_o our_o coin_n and_o mix_v thousand_o of_o ounce_n of_o it_o with_o a_o few_o dollar_n which_o the_o exporter_n have_v think_v sufficient_a to_o make_v it_o pass_v for_o foreign_a silver_n which_o method_n have_v be_v practise_v for_o some_o year_n past_a have_v swallow_v up_o above_o one_o three_o of_o our_o coyn._n and_o the_o same_o thing_n will_v be_v practise_v more_o than_o it_o ever_o have_v be_v when_o the_o money_n be_v new_o coin_v and_o make_v ready_a for_o they_o unless_o it_o be_v raise_v thirty_o pound_n per_fw-la cent._n and_o at_o the_o same_o time_n a_o duty_n lay_v upon_o all_o bullion_n if_o transport_v objection_n what_o man_n will_v bring_v bullion_n into_o the_o kingdom_n if_o he_o may_v not_o do_v what_o he_o please_v with_o it_o either_o coin_n it_o or_o ship_n it_o abroad_o for_o the_o best_a of_o his_o advantage_n answer_n what_o man_n will_v not_o bring_v other_o good_n to_o england_n as_o well_o as_o silver_n if_o he_o may_v import_n and_o export_v they_o custom-free_a good_n that_o pay_v custom_n inward_o in_o reason_n ought_v to_o have_v a_o draw-back_a if_o export_v but_o silver_n pay_v nothing_o inward_o ought_v not_o to_o be_v suffer_v to_o be_v export_v without_o pay_v a_o very_a considerable_a duty_n for_o the_o reason_n aforesaid_a viz._n the_o melt_v down_o of_o our_o coin_n and_o the_o mix_v great_a quantity_n of_o it_o with_o a_o few_o dollar_n for_o foreign_a use_n some_o other_o may_v object_n and_o say_v if_o the_o value_n of_o the_o coin_n be_v raise_v the_o king_n revenue_n landlord_n rent_n officer_n by_o land_n and_o sea_n servant_n wage_n and_o many_o other_o thing_n will_v be_v lessen_v this_o be_v a_o mistake_n and_o a_o false_a imagination_n of_o those_o that_o assert_v it_o for_o want_v of_o well_o consider_v the_o nature_n of_o the_o procurer_n and_o the_o thing_n procure_v together_o with_o the_o influence_n law_n and_o custom_n or_o a_o act_n of_o parliament_n will_v have_v on_o both_o for_o example_n suppose_v with_o forty_o new_a half-crown_n weigh_v thirty_o nine_o ounce_n i_o buy_v sixty_o ell_n of_o bay_n at_o twenty_o penny_n a_o ell_n and_o with_o forty_o clip_v half-crown_n weigh_v twelve_o ounce_n you_o buy_v as_o many_o bay_n every_o way_n equal_a to_o i_o in_o goodness_n have_v you_o not_o as_o much_o for_o your_o light_a money_n as_o i_o have_v for_o i_o that_o be_v heavy_a do_v not_o daily_a experience_n show_v it_o that_o a_o shilling_n clip_v buy_v and_o pay_v for_o as_o much_o as_o a_o shilling_n unclipped_a do_v not_o that_o which_o be_v value_v six_o penny_n in_o copper_n money_n buy_v as_o much_o as_o six_o penny_n in_o silver_n will_v although_o the_o copper_n in_o its_o intrinsic_a value_n be_v not_o worth_a above_o a_o groat_n these_o be_v the_o effect_n of_o law_n and_o custom_n when_o denomination_n have_v give_v they_o the_o power_n of_o operation_n and_o it_o will_v be_v the_o same_o in_o the_o new_a coin_v money_n a_o shilling_n weigh_v ninety_o one_o grain_n and_o a_o half_a will_v pass_v for_o nineteen_o penny_n halfpenny_n and_o buy_v and_o pay_v for_o so_o much_o as_o well_o as_o nineteen_o penny_n halfpenny_n do_v now_o and_o the_o new_a crown-piece_n when_o value_v at_o six_o shilling_n and_o six_o penny_n will_v buy_v and_o pay_v for_o as_o many_o good_n as_o six_o shilling_n and_o six_o penny_n now_o do_v when_o establish_v by_o law_n and_o custom_n to_o pass_v no_o more_o for_o five_o shilling_n but_o for_o six_o shilling_n and_o six_o penny_n in_o short_a the_o value_v the_o crown-piece_n at_o six_o shilling_n and_o six_o penny_n will_v neither_o affect_v nor_o lessen_v the_o king_n revenue_n the_o landlord_n rent_n the_o officer_n by_o sea_n and_o land_n servant_n wage_n nor_o any_o thing_n else_o of_o that_o kind_n but_o it_o will_v have_v a_o very_a great_a influence_n upon_o the_o work_a silversmith_n and_o such_o as_o use_v to_o melt_v down_o the_o coin_n for_o exportation_n they_o only_o will_v be_v defeat_v but_o no_o body_n else_o will_v be_v prejudice_v by_o raise_v the_o value_n of_o the_o coin_n and_o therefore_o such_o person_n may_v think_v they_o have_v reason_n to_o exclaim_v against_o it_o but_o for_o the_o satisfaction_n of_o they_o and_o all_o such_o who_o shall_v offer_v any_o argument_n against_o raise_v the_o value_n of_o the_o coin_n i_o shall_v only_o ask_v they_o this_o question_n which_o will_v determine_v the_o thing_n and_o put_v a_o end_n to_o all_o their_o weak_a dispute_n what_o if_o the_o king_n of_o spain_n shall_v shut_v up_o all_o his_o port_n in_o america_n and_o bring_v no_o silver_n from_o thence_o for_o seven_o year_n or_o more_o or_o how_o if_o any_o difference_n or_o disorder_n shall_v fall_v among_o the_o spaniard_n and_o native_n there_o and_o the_o king_n of_o spain_n to_o hinder_v the_o mine_n from_o work_v so_o that_o they_o shall_v export_v no_o silver_n from_o thence_o in_o that_o time_n will_v not_o your_o crown-piece_n be_v worth_a seven_o shilling_n then_o yes_o sir_n it_o will_v be_v worth_a eight_o shilling_n and_o more_o and_o happy_a will_v he_o be_v that_o can_v get_v it_o and_o one_o shilling_n or_o a_o eight_o part_n of_o the_o crown-piece_n then_o will_v buy_v and_o pay_v for_o as_o much_o as_o a_o shilling_n do_v now_o without_o lessen_v the_o king_n revenue_n landlord_n rent_n or_o any_o thing_n else_o and_o those_o person_n who_o have_v offer_v argument_n against_o raise_v the_o value_n of_o the_o coin_n or_o the_o hold_n up_o the_o price_n of_o guinneas_n have_v rash_o do_v it_o without_o consider_v the_o follow_a circumstance_n and_o
the_o repository_n of_o gressham_n college_n where_o they_o may_v see_v pure_a silver_n and_o gold_n as_o they_o be_v take_v out_o of_o the_o mine_n grow_v in_o the_o rocky_a spar._n there_o be_v also_o set_v at_o work_n the_o mine_n call_v la_n trinidad_n and_o those_o of_o berenguela_n with_o many_o other_o near_o the_o lake_n call_v tobacco_n nunio_n upon_o the_o brook_n or_o stream_n whereof_o there_o stand_v above_o a_o hundred_o silver_n mill_n which_o constant_o go_v day_n and_o night_n stamp_v and_o grind_v the_o oar_n that_o be_v get_v in_o and_o about_o its_o own_o bank_n these_o vein_n and_o many_o more_o with_o the_o inexhaustible_a mine_n of_o potozi_n be_v present_o set_v at_o work_n but_o the_o first_o mine_n the_o spaniard_n wrought_z and_o get_v silver_n in_o be_v the_o old_a mine_n of_o porco_n which_o have_v be_v wrought_v many_o year_n before_o by_o the_o ingas_n or_o king_n of_o the_o country_n and_o great_a quantity_n of_o silver_n get_v out_o of_o they_o after_o this_o time_n the_o mine_n of_o america_n both_o on_o the_o south_n and_o north_n side_n the_o line_n be_v follow_v with_o great_a industry_n and_o more_o new_a mine_n be_v daily_o find_v and_o discover_v and_o among_o they_o a_o great_a many_o quicksilver_n mine_n which_o have_v be_v a_o great_a help_n to_o they_o in_o their_o way_n of_o refine_v so_o that_o from_o several_a place_n of_o america_n for_o near_o one_o hundred_o and_o fifty_o year_n last_o pass_v there_o have_v be_v some_o thousand_o of_o ton_n of_o silver_n and_o gold_n bring_v to_o cadiz_n in_o spain_n especial_o of_o silver_n of_o which_o all_o nation_n in_o europe_n have_v more_o or_o less_o participate_v in_o the_o year_n 1553_o and_o 1554_o which_o be_v in_o queen_n mary_n reign_n the_o english_a make_v two_o voyage_n to_o the_o gold_n coast_n of_o guiney_n and_o bring_v some_o gold_n from_o thence_o and_o have_v ever_o since_o follow_v that_o trade_n so_o have_v several_a other_o nation_n from_o whence_o they_o have_v bring_v considerable_a quantity_n of_o gold_n into_o europe_n so_o that_o for_o about_o one_o hundred_o and_o forty_o year_n last_o pass_v there_o have_v be_v by_o the_o english_a dane_n dutch_n and_o french_a considerable_a sum_n of_o gold_n bring_v from_o guiney_n and_o from_o the_o west-indies_a be_v first_o bring_v thither_o by_o the_o buccaneer_n there_o have_v be_v many_o chest_n of_o dollar_n with_o abundance_n of_o bullion_n and_o some_o parcel_n of_o gold_n for_o forty_o year_n last_o pass_v bring_v to_o england_n holland_n and_z france_z of_o which_o the_o other_o nation_n of_o europe_n and_o the_o eastindies_a have_v in_o some_o measure_n be_v partaker_n you_o may_v therefore_o true_o reckon_v america_n and_o guiney_n the_o spring_n and_o fountain_n from_o whence_o the_o silver_n and_o golden_a stream_n of_o europe_n have_v flow_v to_o which_o barbary_n have_v afford_v some_o small_a help_n in_o gold_n and_o hungary_n in_o silver_n but_o neither_o of_o they_o worth_n 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for_o forty_o year_n past_a by_o the_o buccaneer_n and_o several_a other_o way_n too_o long_o to_o be_v here_o recite_v all_o which_o time_n the_o german_n dane_n norwegian_n sweed_n pole_n and_o russian_n have_v stand_v stare_v on_o have_v their_o hand_n as_o it_o be_v tie_v up_o not_o know_v how_o nor_o be_v able_a to_o procure_v one_o hundred_o part_n of_o the_o silver_n and_o gold_n the_o english_a dutch_a and_o french_a have_v do_v by_o reason_n the_o good_n of_o their_o country_n be_v not_o so_o fit_a for_o the_o american_n use_v as_o other_o be_v and_o for_o want_v of_o settlement_n near_o they_o this_o have_v be_v the_o cause_n that_o have_v occasion_v a_o great_a scarcity_n and_o want_n of_o silver_n and_o gold_n in_o those_o kingdom_n have_v but_o little_a among_o they_o in_o comparison_n to_o what_o there_o be_v in_o england_n holland_n and_z france_z especial_o in_o norway_n sweedland_n poland_n and_o russia_n where_o there_o be_v many_o great_a province_n or_o country_n and_o some_o of_o they_o near_o as_o large_a as_o england_n be_v a_o great_a part_n of_o who_o inhabitant_n scarce_o know_v what_o silver_n and_o gold_n be_v till_o of_o late_a year_n have_v not_o 5000_o l._n in_o silver_n and_o gold_n for_o some_o hundred_o of_o miles_n in_o circumference_n so_o that_o if_o england_n holland_n and_z france_z be_v at_o peace_n and_o be_v in_o a_o capacity_n to_o furnish_v these_o kingdom_n with_o a_o hundred_o ton_n of_o silver_n per_fw-la annum_fw-la they_o can_v dispense_v with_o it_o and_z as_o far_o as_o they_o be_v able_a will_v endeavour_v to_o make_v return_v by_o their_o country_n good_n and_o allow_v very_o high_a rate_n for_o your_o silver_n although_o they_o daily_o want_v many_o of_o the_o english_a dutch_a and_o french_a effect_n sufficient_a to_o balance_v their_o trade_n nevertheless_o silver_n and_o gold_n be_v become_v their_o belove_a object_n find_v they_o the_o most_o ready_a and_o most_o durable_a instrument_n to_o procure_v all_o 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their_o effect_n so_o that_o my_o lord_n and_o gentleman_n what_o you_o have_v chief_o to_o consider_v in_o this_o affair_n i_o humble_o conceive_v be_v for_o the_o great_a part_n include_v in_o these_o follow_a article_n first_o the_o great_a damage_n and_o loss_n there_o will_v be_v by_o the_o clip_v and_o counterfeit_n money_n be_v at_o least_o forty_o five_o pound_n per_fw-la cent._n whether_o it_o be_v better_a to_o raise_v a_o tax_n to_o make_v the_o clip_v money_n good_a at_o the_o same_o time_n when_o the_o money_n be_v call_v in_o or_o to_o raise_v the_o value_n of_o the_o money_n thirty_o pound_n per_fw-la cent._n whereby_o the_o money_n will_v bear_v most_o of_o its_o own_o damage_n and_o excuse_v the_o land_n till_o a_o more_o plentiful_a time_n of_o silver_n come_v and_o then_o the_o coin_n may_v be_v reduce_v again_o as_o you_o see_v cause_n second_o the_o demand_n and_o great_a necessity_n foreigner_n have_v of_o silver_n and_o the_o high_a price_n they_o will_v give_v 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