raise_v to_o 5_o l._n 6_o s._n 8_o d._n which_o be_v the_o proportion_n of_o silver_n to_o 6_o s._n 8_o d._n a_o ounce_n the_o gold_n standard_n coin_v or_o not_o coin_v esteem_v a_o like_a by_o reason_n that_o gold_n esteem_v 16_o time_n the_o value_n of_o silver_n weight_n for_o weight_n be_v the_o high_a rate_n that_o ever_o be_v space_n of_o 2_o year_n to_o reduce_v the_o gold_n to_o the_o proportion_n of_o silver_n price_n of_o the_o ounce_n of_o gold_n weight_n of_o guineas_n and_o half_a guineas_n price_n of_o ditto_n guineas_n etc._n etc._n from_o march_v 25._o 1696_o to_o september_n 25._o 1696._o 5_o l._n 6_o s._n 8_o d._n gui._n dw._n gr_n 5._o 9_o half_a guineas_n dw._n gr_n 2-16-½_a 1_o l._n 8_o s._n 8_o d._n 0_o l._n 14_o s._n 4_o d._n from_o septem_n 25._o 1696_o to_o march_v 25._o 1697._o 5_o l._n 0_o s._n 0_o d._n guineas_fw-la ditto_n half_a guinea_n ditto_n 1_o l._n 6_o s._n 10_o d._n ½_o 0_o 13_o 5_o ¼_n from_o march_n 25._o 1697._o to_o september_n 25._o 1697._o 4_o l._n 13_o s._n 4_o d._n guinea_n ditto_n half_a guinea_n ditto_n 1_o l._n 5_o s._n 1_o d._n 0_o 12_o 6_o ½_o from_o septem_n 25._o 1697_o to_o march_v 25._o 1698._o 4_o l._n 6_o s._n 8_o d._n guinea_n ditto_n half_a guinea_n ditto_n 1_o l._n 3_o s._n 3_o d._n ½_o 0_o 11_o 7_o ¾_n from_o march_n 25._o 1698_o and_o thenceforth_o 4_o l._n 00._o s._n 0_o d._n guinea_n ditto_n half_a guinea_n ditto_n 1_o l._n 1_o s._n 6_o d._n 0_o 10_o 9d_o a_o new_a proposal_n to_o melt_v down_o all_o the_o old_a hammer_v money_n of_o england_n and_o make_v new_a coin_n of_o the_o same_o standard_n and_o price_n as_o the_o present_a mill_v money_n be_v and_o to_o supply_v the_o loss_n arise_v by_o clip_v mony_n 1._o that_o by_o act_n of_o parliament_n the_o price_n of_o silver_n standard_n be_v fix_v at_o five_o shilling_n a_o ounce_n and_o that_o the_o price_n of_o gold_n never_o exceed_v above_o sixteen_o time_n the_o value_n of_o silver_n weight_n for_o weight_n 2._o that_o the_o mill_v crown_n half-crown_n shilling_n six-pence_n four-pence_n twopence_n and_o penny-piece_n of_o charles_n ii_o james_n ii_o william_n and_o mary_n and_o william_n continue_v to_o be_v current_a as_o they_o be_v now_o viz._n the_o crown_n at_o 5_o s._n and_o the_o other_o piece_n proportionable_o 3._o that_o from_o the_o first_o of_o januaâ—â—_n 1695_o and_o thenceforth_o no_o crown_n piecâ—_n or_o its_o value_n in_o half-crown_n shilling_n etc._n etc._n that_o aught_o to_o weigh_v 19_o dw_o 8_o gr_n and_o a_o half_a and_o shall_v weigh_v under_o 15_o dw_n half-crown_n 7_o dw_n 12_o gâ—_n shilling_n 3_o dw_n and_o sixpenny_n pieceâ—_n 1_o dw_n 12_o gr_n be_v take_v in_o payment_n and_o cease_v from_o that_o day_n to_o be_v current_a money_n of_o england_n 4._o that_o from_o the_o first_o of_o january_n 1695_o to_o the_o first_o of_o june_n 1696_o all_o the_o old_a crown_n piece_n that_o shall_v weigh_v 15_o dw_n or_o above_o half-crown_n 7_o dw_n 12_o gr_n shilling_n 3_o dw_n six-pence_n 1_o dw_n 12_o gr_n so_o that_o one_o hundred_o pound_n of_o that_o money_n shall_v weigh_v 300_o ounce_n or_o twenty_o five_o pound_n be_v take_v in_o current_a payment_n for_o the_o price_n they_o be_v make_v for_o but_o after_o the_o first_o of_o june_n 1696_o no_o old_a coin_n of_o england_n except_o the_o milled_a money_n of_o charles_n ii_o james_n ii_o william_n and_o mary_n and_o william_n be_v take_v but_o as_o bullion_n after_o â—he_n rate_n of_o five_o shilling_n a_o ounce_n 5._o that_o the_o say_v old_a piece_n or_o bullion_n be_v take_v at_o the_o mint_n or_o by_o the_o changer_n as_o by_o my_o first_o proposal_n and_o that_o the_o owner_n thereof_o receive_v a_o new_a â—or_a old_a milled_a crown_n or_o its_o value_n in_o milled_a half-crown_n shilling_n etc._n etc._n for_o every_o ounce_n weight_n of_o old_a coin_n standard_n and_o in_o case_n the_o mint_n or_o changer_n shall_v want_v new_a coin_n to_o exchange_n the_o old_a it_o shall_v be_v lawful_a for_o the_o mint_n or_o changer_n when_o any_o great_a sum_n shall_v be_v bring_v to_o they_o to_o be_v exchange_v to_o pay_v the_o owner_n thereof_o ten_o pound_n in_o new_a mill_v money_n and_o to_o give_v they_o for_o the_o rest_n a_o bill_n payable_a to_o the_o bearer_n upon_o the_o bank_n of_o england_n or_o the_o million_o bank_n which_o shall_v be_v repay_v in_o 3_o month_n time_n as_o by_o the_o first_o proposal_n 6._o and_o to_o supply_v the_o loss_n that_o shall_v happen_v by_o reason_n of_o the_o difference_n of_o the_o estimation_n of_o the_o clip_v money_n by_o tale_n and_o its_o estimation_n by_o the_o ounce_n it_o shall_v be_v deliver_v note_n upon_o the_o say_v two_o bank_n answer_v thâ—_n say_v loss_n to_o be_v exchange_v with_o bank_n bill_n bear_v interest_n of_o twopence_n a_o day_n for_o one_o year_n provide_v that_o the_o say_v note_n do_v not_o exceed_v the_o sum_n of_o 250000_o l._n upon_o each_o bank_n that_o be_v to_o say_v that_o if_o a_o man_n bring_v to_o the_o mint_n a_o hundred_o pound_n of_o clip_v money_n that_o aught_o to_o weigh_v four_o hundred_o ounce_n and_o shall_v weigh_v but_o 200_o or_o 50_o pound_n the_o say_a man_n shall_v receive_v ten_o pound_n in_o new_a coin_n and_o forty_o pound_n in_o bill_n upon_o the_o bank_n payable_a to_o the_o bearer_n and_o for_o the_o other_o fifty_o that_o will_v be_v loss_n to_o he_o be_v it_o not_o provide_v for_o he_o shall_v receive_v a_o note_n for_o the_o same_o upon_o the_o same_o bank_n which_o shall_v be_v exchange_v with_o bank_n bill_n bear_v interest_n of_o twopence_n a_o day_n for_o one_o year_n 7._o and_o for_o the_o re-payment_n of_o the_o say_a bank_n it_o shall_v be_v provide_v by_o the_o parliament_n a_o sufficient_a fond_a to_o re-pay_a in_o one_o year_n time_n the_o sum_n of_o five_o hundred_o thousand_o pound_n and_o thirty_o thousand_o pound_n more_o for_o the_o interest_n thereof_o after_o the_o rate_n of_o six_o per_fw-la cent._n 8._o to_o encourage_v those_o who_o have_v plate_n or_o foreign_a bullion_n to_o carry_v it_o to_o the_o mint_n to_o be_v coin_v such_o person_n be_v to_o have_v the_o benefit_n of_o coinage_n which_o be_v 3â…“_n or_o 3¼_n per_fw-la cent._n viz._n weight_n for_o weight_n standard_n silver_n and_o gold_n 9_o and_o to_o prevent_v people_n from_o melt_v the_o old_a coin_n to_o carry_v it_o afterward_o to_o the_o mint_n to_o receive_v the_o advantage_n of_o 3¼_n or_o 3â…“_n per_fw-la cent._n which_o benefit_n be_v design_v to_o help_v to_o bear_v the_o charge_n of_o the_o clip_v mony_n all_o bullion_n that_o shall_v not_o be_v mark_v at_o the_o tower_n as_o it_o be_v large_o express_v in_o my_o first_o proposal_n shall_v be_v deem_v coin_n of_o england_n melt_v and_o for_o that_o reason_n esteem_v 3â…“_n per_fw-la cent._n worse_o than_o standard_n and_o for_o such_o take_v according_o at_o the_o mint_n 10._o now_o to_o supply_v in_o part_n the_o loss_n that_o will_v happen_v to_o the_o public_a by_o reason_n of_o the_o clip_v money_n which_o will_v amount_v to_o fifteen_o hundred_o thousand_o pound_n or_o thereabouts_o as_o it_o will_v appear_v by_o a_o computation_n hereunto_o annex_v i_o have_v think_v fit_a to_o propose_v the_o follow_v new_a million_o adventure_n 1._o there_o will_v be_v deliver_v a_o hundred_o thousand_o ticket_n at_o ten_o pound_v a_o piece_n in_o the_o same_o way_n as_o they_o be_v deliver_v in_o the_o first_o million_o adventure_n 2._o old_a crown-piece_n half-crown_n shilling_n six-pence_n etc._n etc._n though_o clip_v under_o the_o degree_n adove-mentioned_n shall_v be_v take_v for_o ticket_n provide_v ten_o pound_n of_o that_o clip_v money_n weigh_v together_o fifteen_o ounce_n though_o they_o ought_v to_o weigh_v thirty_o eight_o ounce_n 14_o dw_n 4_o gr_n 3._o twenty_o pound_n of_o counterfeit_v money_n shall_v be_v judge_v equivalent_a to_o ten_o pound_n of_o clip_v money_n and_o take_v for_o one_o ticket_n unless_o the_o say_v counterfeit_v money_n shall_v be_v extraordinary_a bad_a which_o must_v be_v leave_v to_o the_o discretion_n of_o those_o who_o who_o shall_v be_v appoint_v to_o deliver_v ticket_n 4._o in_o consideration_n of_o the_o say_v million_o arise_v by_o a_o hundred_o thousand_o ticket_n at_o ten_o pound_v a_o piece_n it_o will_v be_v provide_v a_o fond_a of_o a_o hundred_o and_o twenty_o thousand_o pound_n a_o year_n which_o shall_v be_v divide_v into_o prize_n and_o blank_n as_o follow_v  _fw-fr l._n l._n 1_o of_o the_o yearly_o rend_v of_o 500_o 500_o 2_o of_o 250_o 500_o 2_o of_o 150_o 300_o 20_o of_o 100_o 2000_o 30_o of_o 50_o 1500_o 65_o of_o 20_o 1300_o 380_o of_o 10_o 3800_o 2000_o of_o 5_o 10000_o 2500_o first_o and_o last_o
body_n that_o appear_v not_o to_o have_v be_v import_v by_o the_o register_n keep_v for_o that_o purpose_n except_o the_o owner_n thereof_o or_o some_o body_n for_o he_o shall_v make_v oath_n that_o the_o same_o be_v not_o direct_o nor_o indirect_o of_o the_o knowledge_n of_o he_o or_o owner_n proceed_v from_o any_o coin_n of_o england_n melt_v and_o in_o case_n any_o bullion_n at_o any_o time_n be_v prove_v to_o proceed_v from_o the_o coin_n of_o england_n melt_v the_o same_o to_o be_v confiscate_v two_o three_o to_o the_o king_n and_o one_o three_o to_o the_o informer_n and_o the_o melter_n thereof_o to_o be_v subject_a to_o the_o law_n already_o in_o force_n in_o such_o a_o case_n that_o no_o silver_n bullion_n standard_n from_o the_o 25_o of_o march_n 1696_o to_o the_o 25_o of_o march_n 1697_o be_v sell_v or_o buy_v for_o more_o than_o 6_o s._n 8_o d._n and_o from_o 1697_o to_o 1698_o more_o than_o 5_o s._n 10_o d._n but_o if_o better_a or_o worse_o proportionable_o to_o that_o price_n and_o after_o the_o 25_o of_o march_n 1698_o no_o more_o than_o 5_o s._n a_o ounce_n upon_o pain_n of_o forfeit_v the_o same_o two_o three_o to_o the_o king_n and_o one_o to_o the_o informer_n whereas_o in_o the_o two_o year_n melt_v contention_n may_v probable_o arise_v about_o the_o brass_n and_o clip_v money_n fourteen_o person_n skilled_a in_o the_o knowledge_n of_o coin_n be_v to_o be_v choose_v to_o be_v judge_n of_o that_o and_o also_o to_o change_v the_o old_a money_n for_o new_a and_o during_o the_o say_v two_o year_n viz._n from_o the_o 25_o of_o march_n 1696_o to_o the_o 25_o of_o march_n 1698_o they_o shall_v mark_v all_o the_o brass_n money_n that_o shall_v fall_v into_o their_o hand_n with_o a_o double_a punchon_n and_o all_o the_o crown_n under_o the_o weight_n of_o 10_o dw_n with_o a_o single_a punchon_n and_o the_o money_n so_o mark_v shall_v not_o pass_v but_o as_o bullion_n those_o fourteen_o person_n be_v to_o be_v dispose_v as_o follow_v one_o at_o the_o tower_n who_o shall_v be_v call_v general_n register-keek_a one_o about_o the_o royal-exchange_n one_o about_o white-hall_n one_o at_o oxford_n one_o at_o southampton_n one_o at_o exeter_n one_o at_o bristol_n one_o at_o chester_n one_o at_o nottingham_n one_o at_o newcastle_n one_o at_o york_n one_o at_o colchester_n in_o wales_n one_o at_o denbigh_n and_o another_o at_o caermarthen_n who_o shall_v be_v call_v mint-banker_n or_o changer_n those_o of_o london_n shall_v send_v every_o week_n the_o old_a coin_n to_o the_o tower_n to_o receive_v new_a and_o those_o of_o the_o country_n every_o month_n unless_o it_o be_v think_v fit_a to_o erect_v new_a mint_n in_o several_a part_n of_o england_n as_o it_o have_v be_v do_v former_o in_o such_o a_o case_n and_o for_o the_o ease_n of_o those_o banker_n and_o of_o the_o mint_n too_o which_o shall_v not_o be_v able_a to_o coin_v money_n enough_o to_o satisfy_v those_o that_o shall_v carry_v in_o their_o old_a money_n all_o the_o sum_n under_o 10_o l._n shall_v be_v pay_v in_o new_a coin_n but_o the_o sum_n above_o that_o shall_v be_v pay_v in_o bill_n half_a upon_o the_o bank_n of_o england_n and_o half_a upon_o the_o million_o bank_n therefore_o all_o those_o mint-banker_n or_o changer_n shall_v give_v to_o the_o king_n security_n of_o ten_o thousand_o pound_n each_o and_o each_o of_o they_o may_v draw_v at_o two_o day_n sight_n upon_o the_o general_n register-keeper_n payable_a in_o the_o bank_n as_o far_o as_o the_o say_a sum_n of_o ten_o thousand_o pound_n and_o no_o more_o the_o bank_n be_v to_o be_v pay_v every_o month_n more_o or_o less_o as_o the_o new_a coin_n shall_v be_v make_v so_o that_o they_o shall_v not_o advance_v more_o at_o one_o time_n than_o 130000l_o and_o the_o interest_n thereof_o shall_v be_v pay_v after_o the_o rate_n of_o three_o per_fw-la cent_z per_fw-la annum_fw-la and_o in_o consideration_n of_o that_o advance_v when_o the_o bank_n shall_v carry_v their_o old_a money_n to_o be_v exchange_v they_o shall_v have_v the_o benefit_n of_o the_o coinage_n weight_n for_o weight_n but_o they_o shall_v tarry_v three_o month_n to_o receive_v their_o payment_n in_o new_a money_n without_o any_o allowance_n of_o interest_n last_o it_o be_v to_o be_v consider_v by_o the_o parliament_n that_o if_o his_o majesty_n by_o a_o special_a love_n to_o his_o subject_n will_v take_v upon_o he_o such_o a_o good_a thing_n for_o the_o nation_n he_o shall_v be_v at_o extraordinary_a great_a charge_n for_o two_o or_o three_o year_n together_o therefore_o in_o consideration_n that_o his_o majesty_n shall_v make_v good_a the_o loss_n of_o the_o old_a coin_n from_o 15_o pennyweight_n to_o 10_o dw_n for_o threepence_n for_o every_o pennyweight_n which_o will_v cost_v he_o more_o and_o also_o pay_v a_o great_a many_o new_a officer_n that_o shall_v be_v employ_v for_o that_o purpose_n beside_o the_o sixteen-pence_n halfpenny_n that_o he_o pay_v for_o the_o coinage_n of_o every_o pound_n weight_n of_o silver_n to_o which_o expense_n the_o act_n for_o coinage_n nor_o any_o other_o benefit_n arise_v by_o this_o project_n can_v suffice_v it_o be_v necessary_a that_o the_o parliament_n shall_v allow_v fifty_o thousand_o pound_n a_o year_n for_o three_o year_n only_o and_o a_o register_n shall_v be_v keep_v at_o the_o tower_n wherein_o all_o the_o extraordinary_a charge_n shall_v be_v enter_v and_o the_o parliament_n be_v to_o promise_v to_o make_v the_o loss_n good_a in_o case_n it_o shall_v appear_v by_o the_o say_a register_n that_o the_o king_n be_v a_o loser_n some_o observation_n upon_o a_o project_n present_v on_o the_o four_o of_o january_n 1694_o 5_o to_o the_o right_n honourable_a the_o lord_n of_o the_o treasury_n by_o l._n g._n 1._o those_o who_o will_v be_v at_o the_o pain_n to_o peruse_v my_o project_n with_o any_o attention_n will_v easy_o perceive_v that_o i_o propose_v 1._o to_o melt_v down_o all_o the_o silver_n coin_n of_o england_n 2._o to_o make_v new_o mill_v money_n 3._o to_o have_v the_o say_v new_o mill_v money_n of_o the_o same_o standard_n as_o the_o former_a viz._n 11_o ounce_n 2_o dw_n fine_a and_o 18_o dw_n allay_v 4._o to_o have_v the_o new_a mill_v money_n of_o the_o same_o weight_n at_o least_o as_o the_o now_o milled_a money_n be_v viz._n the_o crown_n of_o 19_o dw_n 254833_o 1000000_o part_n or_o 19_o dw_n 8_o gr_n and_o a_o half_a a_o little_a more_o and_o the_o pound_n weight_n or_o 12_o ounce_n of_o silver_n standard_n to_o be_v cut_v in_o 62_o shilling_n 124_o six-pence_n 186_o four-penny_n piece_n 372_o twopenny_n piece_n and_o 744_o one-penny_n piece_n if_o think_v fit_a to_o make_v such_o small_a silver_n piece_n which_o in_o my_o opinion_n it_o be_v better_a to_o defer_v till_o the_o nation_n be_v supply_v with_o a_o reasonable_a quantity_n of_o new_a crown_n half-crown_n shilling_n and_o six-pence_n 5._o that_o the_o loss_n of_o the_o owner_n of_o the_o money_n shall_v be_v very_o inconsiderable_a 6._o that_o they_o shall_v bring_v in_o their_o money_n very_o willing_o to_o be_v new_o coin_v and_o 7._o that_o the_o diminution_n of_o the_o numerical_a quantity_n of_o the_o old_a species_n will_v be_v more_o than_o supply_v i_o do_v question_n in_o the_o least_o but_o that_o my_o project_n will_v seem_v at_o first_o to_o be_v impracticable_a but_o i_o hope_v it_o will_v appear_v very_o possible_a if_o careful_o examine_v and_o especial_o with_o the_o few_o remark_n here_o set_v down_o 2._o i_o see_v so_o many_o people_n who_o declare_v against_o the_o raise_v of_o our_o coin_n that_o i_o think_v it_o be_v necessary_a first_o of_o all_o to_o acquaint_v they_o with_o the_o reason_n i_o have_v to_o demand_v that_o the_o new_a crown_n shall_v be_v current_n for_o two_o year_n at_o 6_o s._n and_o 8_o d._n i_o have_v lay_v down_o as_o a_o axiom_n at_o the_o begin_n of_o this_o write_n that_o the_o denomination_n of_o the_o species_n of_o gold_n or_o silver_n do_v not_o change_v their_o intrinsic_a value_n and_o that_o therefore_o the_o nation_n be_v neither_o the_o rich_a nor_o poor_a by_o raise_v or_o lower_v the_o coin_n i_o propose_v then_o to_o raise_v the_o crown_n piece_n to_o 6_n 8d_n for_o two_o year_n for_o the_o follow_a reason_n 1._o to_o make_v the_o loss_n that_o will_v arrise_n by_o clip_v and_o brass_n money_n less_o sensible_a to_o the_o owner_n thereof_o 2._o that_o guineas_n may_v fall_v by_o degree_n from_o the_o extravagant_a price_n they_o have_v be_v raise_v to_o for_o if_o they_o shall_v fall_v at_o once_o from_o 30_o s._n to_o 21_o s._n 6_o d._n as_o they_o must_v do_v whenever_o we_o have_v good_a silver_n money_n and_o its_o price_n fix_v at_o 5_o s._n a_o ounce_n it_o will_v be_v a_o great_a loss_n to_o
many_o tradesman_n and_o other_o people_n because_o for_o this_o twelvemonth_n pass_v we_o have_v see_v hardly_o any_o other_o money_n but_o guineas_n 3._o because_o people_n be_v already_o dispose_v to_o it_o and_o have_v it_o not_o be_v for_o a_o act_n of_o parliament_n they_o will_v have_v certain_o raise_v the_o mill_v crown_n thereabouts_o to_o that_o price_n proportionable_o to_o the_o price_n of_o gold_n 4._o i_o have_v fix_v it_o to_o 6_o s._n 8_o d._n rather_o than_o to_o 6_o s._n 6_o d._n without_o any_o other_o mystery_n but_o because_o that_o price_n be_v divisible_a by_o equal_a quantity_n of_o penny_n farthing_n and_o accommodate_v to_o the_o present_a denomination_n of_o crown_n shilling_n etc._n etc._n and_o also_o to_o the_o species_n of_o gold_n 3._o as_o to_o the_o first_o article_n of_o my_o project_n wherein_o i_o say_v there_o be_v about_o one_o three_o part_n of_o our_o coin_n lose_v by_o clip_v i_o know_v that_o some_o ingenious_a man_n be_v of_o another_o opinion_n and_o that_o they_o pretend_v that_o there_o be_v abundance_n of_o old_a money_n unclipt_a hoard_v up_o i_o wish_v it_o may_v prove_v so_o but_o that_o be_v so_o far_o from_o be_v a_o objection_n to_o my_o project_n that_o it_o make_v it_o more_o easy_a i_o own_o i_o have_v suppose_v the_o thing_n at_o the_o worst_a but_o a_o table_n hereunto_o annex_v will_v make_v it_o more_o plain_a and_o therein_o i_o have_v calculate_v how_o many_o ounce_n of_o silver_n we_o want_v to_o make_v good_a the_o loss_n when_o i_o present_v my_o project_n to_o the_o lord_n of_o the_o treasury_n i_o suppose_v there_o be_v but_o four_o million_o and_o a_o half_a of_o silver_n money_n in_o england_n but_o upon_o better_a information_n i_o have_v think_v i_o may_v suppose_v five_o 4._o i_o demand_v two_o year_n time_n to_o melt_v down_o all_o the_o old_a silver_n coin_n of_o england_n and_o to_o make_v the_o new_a for_o the_o follow_a reason_n 1._o because_o it_o be_v difficult_a to_o have_v mint_n enough_o to_o do_v it_o in_o a_o short_a time_n 2._o suppose_v there_o shall_v be_v mint_n enough_o yet_o it_o will_v be_v necessary_a to_o allow_v two_o year_n time_n for_o if_o there_o be_v but_o one_o allow_v the_o price_n of_o silver_n which_o must_v fall_v gradual_o shall_v fall_v too_o sudden_o viz._n every_o six_o month_n and_o so_o the_o inhabitant_n of_o the_o remote_a county_n from_o london_n shall_v hardly_o have_v time_n enough_o to_o be_v acquaint_v with_o it_o 3._o i_o grant_v that_o there_o be_v no_o time_n to_o be_v lose_v in_o this_o affair_n but_o too_o great_a a_o precipitation_n may_v be_v liable_a to_o as_o great_a inconvenience_n as_o a_o delay_n and_o after_o all_o people_n must_v have_v time_n to_o carry_v their_o old_a money_n to_o the_o mint_n and_o the_o mint_n must_v have_v time_n to_o coin_v it_o it_o will_v be_v well_o enough_o if_o we_o be_v in_o the_o mean_a time_n supply_v with_o new_a coin_n for_o sum_n not_o exceed_v 10_o l._n and_o bill_n upon_o the_o bank_n for_o great_a one_o by_o the_o changer_n as_o it_o be_v in_o my_o proposal_n for_o this_o answer_v all_o our_o want_n 5._o it_o be_v just_a and_o more_o convenient_a that_o the_o mint_n shall_v take_v the_o old_a coin_n rather_o by_o weight_n than_o by_o any_o other_o way_n and_o it_o will_v be_v a_o great_a satisfaction_n for_o the_o king_n and_o the_o nation_n that_o in_o the_o book_n appoint_v for_o that_o purpose_n at_o the_o mint_n or_o in_o the_o hand_n of_o the_o changer_n there_o shall_v be_v several_a column_n whereof_o one_o shall_v be_v for_o the_o weight_n and_o the_o other_o for_o the_o old_a estimation_n in_o pound_n shilling_n and_o penny_n 6._o it_o be_v propose_v that_o the_o old_a money_n be_v take_v in_o current_a payment_n at_o a_o certain_a rate_n the_o better_a to_o carry_v on_o our_o trade_n till_o we_o have_v new_a money_n enough_o 7._o i_o suppose_v the_o new_a crown_n to_o weigh_v a_o full_a ounce_n though_o i_o know_v it_o do_v weigh_v only_o 19_o dw_n 8_o gr_n and_o a_o half_a which_o make_v a_o allowance_n of_o about_o 3_o and_o one_o third_z per_fw-mi cent_z for_o the_o melt_a and_o the_o stamp_n so_o that_o if_o a_o pound_n weight_n of_o silver_n standard_n value_v at_o three_o pound_n be_v cut_v as_o it_o be_v usual_a in_o 62_o shilling_n a_o pound_n and_o eight_o ounce_n of_o silver_n which_o will_v cost_v but_o 5_o l._n will_v make_v 103_o shilling_n and_o fourpence_n in_o number_n though_o they_o be_v but_o of_o the_o same_o weight_n i_o say_v that_o a_o old_a crown_n weigh_v 15_o dw_n be_v to_o be_v current_n and_o take_v at_o the_o mint_n for_o five_o shilling_n which_o be_v a_o necessary_a consequence_n from_o what_o i_o say_v at_o first_o concern_v the_o price_n of_o silver_n for_o if_o a_o new_a crown_n weigh_v a_o ounce_n be_v worth_a 6_o s._n 8_o d._n a_o old_a crown_n of_o silver_n standard_n of_o 15_o dw_n must_v by_o the_o same_o reason_n be_v worth_a 5_o s._n 8._o silver_n be_v the_o centre_n of_o trade_n and_o all_o thing_n in_o the_o world_n either_o land_n house_n good_n diamond_n and_o other_o commodity_n be_v but_o its_o circumference_n so_o that_o if_o the_o price_n of_o silver_n be_v not_o fix_v it_o be_v impossible_a to_o make_v a_o just_a estimation_n of_o commodity_n as_o it_o be_v impossible_a to_o say_v how_o far_o the_o circumference_n be_v from_o the_o centre_n if_o the_o centre_n be_v not_o fix_v it_o be_v then_o high_o necessary_a to_o fix_v the_o price_n of_o silver_n in_o quantity_n quality_n and_o estimation_n either_o coin_v or_o not_o coin_v the_o price_n of_o quantity_n of_o silver_n not_o coin_v be_v fix_v in_o england_n by_o the_o weight_n of_o a_o pound_n contain_v 12_o ounce_n troy_n the_o ounce_n of_o 20_o dw_n and_o the_o dw_n of_o 24_o gr_n the_o price_n of_o quantity_n of_o silver_n coin_v be_v fix_v from_o a_o number_n of_o piece_n that_o the_o king_n order_n to_o be_v cut_v from_o a_o pound_n weight_n of_o silver_n as_o 12_o crown_n 62_o shilling_n etc._n etc._n the_o price_n of_o quality_n of_o silver_n not_o coin_v be_v fix_v by_o the_o assay_v that_o be_v make_v to_o know_v whether_o it_o be_v better_a or_o worse_o than_o standard_n and_o of_o silver_n coin_v by_o the_o standard_n of_o the_o same_o which_o be_v 11_o ounce_n 2_o dw_n fine_a 18_o dw_n allay_v the_o price_n of_o estimation_n of_o silver_n coin_v be_v fix_v by_o public_a authority_n be_v order_v that_o a_o crown_n piece_n weigh_v 19_o dw_n 8_o gr_n ½_o be_v esteem_v five_o shilling_n etc._n etc._n but_o the_o price_n of_o estimation_n of_o silver_n not_o coin_v be_v not_o fix_v in_o england_n and_o i_o think_v it_o be_v absolute_o necessary_a to_o fix_v it_o as_o to_o the_o price_n of_o quantity_n and_o quality_n of_o silver_n i_o believe_v it_o will_v be_v very_o difficult_a if_o not_o impossible_a to_o fix_v it_o in_o a_o better_a way_n than_o it_o be_v now_o and_o beside_o the_o least_o alteration_n in_o this_o case_n will_v be_v liable_a to_o many_o inconvenience_n but_o as_o to_o the_o price_n of_o estimation_n of_o silver_n not_o coin_v i_o see_v no_o reason_n why_o it_o shall_v it_o be_v arbitrary_a rather_o than_o the_o estimation_n of_o silver_n coin_v and_o if_o it_o be_v prohibit_v to_o sell_v a_o crown_n weigh_v 19_o dw_n 8_o gr_n that_o be_v to_o say_v within_o a_o small_a matter_n of_o a_o ounce_n above_o five_o shilling_n i_o will_v fain_o know_v why_o a_o ounce_n of_o silver_n not_o coin_v of_o the_o same_o standard_n as_o the_o crown_n shall_v be_v sell_v for_o six_o shilling_n and_o sixpence_n as_o long_o as_o the_o thing_n continue_v so_o there_o be_v no_o doubt_n but_o the_o goldsmith_n will_v melt_v down_o all_o the_o milled_a money_n that_o fall_v into_o their_o hand_n for_o the_o profit_n be_v clear_a but_o if_o the_o price_n of_o estimation_n of_o silver_n not_o coin_v be_v once_o fix_v and_o that_o it_o be_v prohibit_v to_o sell_v or_o buy_v above_o the_o price_n set_v upon_o it_o by_o law_n they_o may_v sell_v it_o under_o if_o they_o please_v and_o that_o the_o estimation_n of_o the_o silver_n coin_v be_v proportionable_a to_o it_o which_o be_v inconsiderable_a difference_n for_o the_o stamp_n of_o 3_o ¼_n or_o 3_o ⅓_n per_fw-la cent._n as_o it_o be_v now_o we_o need_v not_o fear_v that_o our_o coin_n will_v be_v melt_v down_o no_o body_n shall_v have_v the_o least_o temptation_n towards_o it_o and_o the_o reason_n be_v very_o plain_a for_o silver_n in_o ingot_n will_v be_v then_o as_o cheap_a and_o cheap_a as_o the_o silver_n coin_v of_o 3⅓_n per_fw-la cent._n this_o be_v enough_o to_o show_v how_o necessary_a it_o be_v to_o fix_v the_o