Selected quad for the lemma: england_n

Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
england_n certain_a great_a king_n 3,457 5 3.5803 3 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A36163 Divers reasons against lightening the coin of this nation 1695 (1695) Wing D1710A; ESTC R298 2,323 2

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divers_a reason_n against_o lightning_n the_o coin_n of_o this_o nation_n as_o be_v the_o great_a remedy_n propose_v by_o the_o banker_n and_o jew_n to_o obstruct_v the_o melt_v down_o the_o coin_n aforesaid_a and_o other_o inconvenience_n complain_v of_o in_o the_o petition_n of_o the_o work_a goldsmith_n to_o the_o honourable_a house_n of_o commons_z the_o liberty_n of_o export_v silver_n out_o of_o this_o nation_n have_v produce_v effect_n quite_o contrary_a to_o the_o first_o design_n of_o it_o and_o be_v improve_v to_o a_o national_a grievance_n to_o satisfy_v the_o covetous_a desire_n of_o some_o man_n we_o may_v with_o good_a reason_n suspect_v that_o the_o lightning_n of_o our_o coin_n be_v propose_v by_o they_o as_o a_o remedy_n will_v produce_v effect_n of_o as_o different_a a_o nature_n as_o the_o liberty_n itself_o have_v do_v which_o will_v be_v best_a understand_v by_o consider_v the_o convenience_n propose_v by_o lightning_n of_o our_o coin_n which_o convenience_n be_v conceive_v to_o be_v these_o three_o first_o that_o thereby_o encouragement_n will_v be_v give_v for_o bring_v in_o great_a quantity_n of_o silver_n into_o this_o kingdom_n second_o that_o when_o it_o be_v bring_v in_o it_o will_v consequent_o be_v bring_v to_o the_o tower_n to_o be_v coin_v and_o three_o that_o it_o will_v be_v preserve_v by_o this_o mean_n from_o be_v melt_v down_o and_o destroy_v these_o be_v the_o imaginary_a convenience_n of_o lightning_n our_o coin_n we_o shall_v consider_v they_o several_o and_o first_o as_o to_o that_o of_o encourage_v great_a quantity_n to_o be_v bring_v in_o when_o the_o petition_n be_v before_o the_o honourable_a committee_n to_o be_v consider_v the_o lightning_n our_o coin_n be_v propose_v against_o which_o some_o objection_n be_v make_v as_o not_o practicable_a or_o that_o great_a inconvenience_n will_v ensue_v upon_o it_o a_o member_n of_o the_o committee_n willing_a to_o promote_v it_o urge_v this_o as_o a_o precedent_n viz._n that_o in_o a_o certain_a king_n reign_n sterling_a silver_n be_v not_o worth_a above_o thirty_o five_o shilling_n the_o pound-weight_n here_o in_o england_n and_o so_o consequent_o in_o the_o neighbour_a nation_n but_o it_o become_v afterward_o more_o scarce_o each_o of_o they_o to_o encourage_v the_o importation_n of_o silver_n lighten_v their_o coin_n by_o which_o mean_v the_o price_n of_o sterling_a silver_n be_v raise_v to_o three_o pound_n two_o shilling_n the_o pound-weight_n and_o have_v continue_v so_o for_o some_o age_n which_o be_v urge_v as_o a_o precedent_n for_o lightning_n our_o coin_n show_v likewise_o that_o the_o neighbour_a nation_n must_v follow_v our_o precedent_n and_o do_v the_o like_a it_o be_v well_o know_v that_o all_o the_o considerable_a quantity_n of_o silver_n that_o be_v bring_v into_o this_o kingdom_n and_o the_o neighbour_a country_n be_v bring_v from_o spain_n that_o be_v the_o fountain_n shall_v spain_n by_o our_o precedent_n lighten_v their_o coin_n proportionable_o than_o all_o the_o convenience_n that_o we_o can_v propose_v will_v be_v utter_o lose_v for_o silver_n be_v the_o product_n of_o the_o spanish_a territory_n all_o the_o advantage_n which_o we_o propose_v to_o ourselves_o will_v accrue_v to_o they_o and_o great_a quantity_n of_o our_o manufacture_n must_v be_v carry_v there_o to_o procure_v lesser_a quantity_n of_o silver_n that_o they_o will_v follow_v our_o precedent_n may_v very_o reasonable_o be_v conclude_v since_o the_o advange_n by_o do_v it_o will_v be_v to_o they_o in_o reality_n what_o we_o propose_v to_o ourselves_o only_o from_o a_o mistake_a notion_n as_o to_o the_o second_o convenience_n propose_v we_o willing_o grant_v it_o if_o the_o former_a be_v not_o deceitful_a and_o therefore_o shall_v proceed_v to_o consider_v the_o three_o convenience_n which_o be_v the_o preserve_v it_o when_o coin_v in_o order_n to_o which_o we_o shall_v observe_v that_o according_a to_o the_o standard_n of_o england_n the_o real_a value_n of_o silver_n be_v but_o five_o shilling_n per_fw-la ounce_n viz._n eleven_o ounce_n two_o penny-weight_n of_o fine_a silver_n and_o eighteen_o penny-weight_n of_o alloy_n add_v to_o it_o make_v up_o the_o pound_n weight_n troy_n now_o although_o this_o be_v the_o standard_n yet_o to_o encourage_v the_o importation_n of_o silver_n and_o the_o bring_v it_o to_o the_o mint_n to_o be_v coin_v the_o charge_n of_o coin_v be_v defray_v by_o the_o king_n and_o our_o crown-piece_n be_v coin_v to_o want_v two_o penny_n in_o weight_n of_o one_o ounce_n from_o whence_o it_o may_v be_v observe_v that_o the_o merchant_n who_o do_v import_n silver_n have_v already_o the_o encouragement_n of_o two_o penny_n per_fw-la ounce_n profit_n above_o what_o our_o standard_n be_v declare_v to_o be_v and_o upon_o this_o encouragement_n the_o mint-book_n will_v testify_v that_o all_o the_o considerable_a quantity_n of_o silver_n be_v import_v by_o its_o be_v bring_v there_o to_o be_v coin_v what_o then_o be_v the_o reason_n why_o this_o encouragement_n upon_o which_o silver_n be_v import_v and_o bring_v to_o the_o mint_n to_o be_v coin_v do_v not_o preserve_v it_o when_o it_o be_v coin_v we_o answer_v the_o reason_n be_v plain_o this_o that_o our_o merchant_n be_v allow_v to_o export_v foreign_a coin_n or_o bullion_n at_o the_o time_n of_o exportation_n the_o silver_n be_v general_o raise_v two_o penny_n per_fw-la ounce_n above_o what_o it_o will_v make_v at_o the_o mint_n which_o occasion_n the_o melt_a down_o of_o our_o coin_n into_o the_o form_n of_o bullion_n for_o they_o to_o export_v and_o suppose_v our_o crown-piece_n for_o the_o future_a to_o be_v coin_v four_o penny_n in_o weight_n light_a than_o our_o standard_n be_v declare_v to_o be_v no_o doubt_n but_o our_o merchant_n who_o do_v export_v silver_n now_o will_v then_o to_o have_v their_o occasion_n supply_v be_v willing_a to_o give_v a_o penny_n or_o two_o penny_n a_o ounce_n above_o the_o rate_n of_o the_o mint_n and_o consequent_o there_o will_v still_o be_v the_o same_o encouragement_n for_o melt_v the_o coin_n then_o as_o be_v now_o to_o consider_v the_o circumstance_n of_o those_o man_n by_o who_o the_o lightning_n our_o coin_n be_v propose_v and_o the_o particular_a interest_n that_o may_v accrue_v to_o they_o by_o it_o and_o likewise_o that_o these_o their_o particular_a interest_n be_v public_a injury_n to_o the_o n●tion_n it_o may_v reasonable_o be_v think_v that_o the_o national_a good_a be_v little_o regard_v by_o they_o and_o this_o their_o project_n be_v not_o intend_v to_o remedy_v the_o abuse_n but_o to_o circumvent_v the_o petitioner_n many_o of_o they_o have_v four_o or_o five_o thousand_o ounce_n of_o plate_n by_o they_o wrought_v up_o for_o sale_n which_o stand_v they_o in_o but_o five_o shilling_n and_o two_o penny_n per_fw-la ounce_n beside_o fashion_n which_o when_o our_o coin_n be_v lighten_v they_o will_v then_o sell_v for_o five_o shilling_n and_o four_o penny_n per_fw-la ounce_n which_o will_v be_v two_o penny_n per_fw-la ounce_n profit_n to_o they_o and_o great_a part_n of_o the_o treasure_n of_o this_o nation_n go_v through_o their_o hand_n the_o price_n of_o silver_n be_v raise_v proportionable_a to_o what_o our_o coin_n be_v lighten_v it_o will_v certain_o follow_v that_o all_o the_o mileld_a and_o heavy_a money_n that_o be_v yet_o remain_v will_v in_o a_o little_a time_n be_v melt_v down_o and_o send_v away_o as_o foreign_a silver_n and_o those_o that_o do_v it_o will_v then_o have_v the_o encouragement_n of_o double_a profit_n and_o a_o few_o year_n will_v manifest_v this_o to_o be_v truth_n that_o although_o the_o coin_n of_o this_o nation_n have_v much_o decrease_v of_o late_a year_n and_o much_o plate_n have_v be_v melt_v down_o and_o most_o of_o the_o silver_n import_v into_o this_o kingdom_n have_v be_v send_v away_o and_o so_o the_o subject_n deprive_v of_o the_o use_n and_o benefit_n of_o it_o all_o these_o evil_n be_v occasion_v by_o a_o necessity_n the_o merchant_n be_v under_o to_o export_v silver_n and_o their_o raise_v the_o price_n at_o the_o time_n of_o exportation_n above_o the_o value_n at_o the_o mint_n the_o lightning_n our_o coin_n will_v prove_v altogether_o a_o deceitful_a remedy_n and_o the_o effect_n of_o it_o will_v occasion_v silver_n to_o be_v sell_v as_o common_o at_o five_o shilling_n and_o six_o penny_n per_fw-la ounce_n as_o it_o be_v now_o at_o five_o shilling_n and_o four_o penny_n per_fw-la ounce_n and_o consequent_o this_o their_o project_n will_v advance_v their_o profit_n in_o several_a respect_n but_o not_o remedy_n the_o abuse_n complain_v of_o