Selected quad for the lemma: england_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
england_n	king_n	time_n	year_n	19,963	5	5.0438	4	true

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A49332	A further essay for the amendment of the gold and silver coins. With the opinion of Mr. Gerrard de Malynes, who was an eminent merchant in the reign of Queen Elizabeth, concerning the standard of England.	Lowndes, William, 1652-1724.	1695 (1695)	Wing L3322; ESTC R221368	5,840	20

A Further ESSAY FOR THE AMENDMENT OF THE Gold and Silver COINS WITH THE Opinion of Mr. Gerrard de Malynes who was an Eminent Merchant in the Reign of Queen Elizabeth concerning the Standard of England LONDON Printed by T. Hodgkin and Sold by Richard Baldwin near the Oxford-Arms in Warwick-Lane 1695. A Further ESSAY ON Gold and Silver Coins MEeting with a Book Entituled An Essay for the Amendment of Silver Coins which being written by the particular Directions of the Lords of the Treasury made me more Curious to dive into the Affair And upon a strict Survey I found that Mr. Lowndes like a very Ingenious Gentleman hath taken a great deal of Pains by informing us what Records and Indentures he has consulted and what assistance he has had from the Masters of the Mint to demonstrate the Standard of the Gold and Silver used in several or most of the preceding Reigns And he hath also shew'd how much we have been impos'd upon by the cunning Artificers of the Times as Goldsmiths Merchants c. And furthermore whence the word Sterling took its Derivation viz. from a Star or Asterism impress'd thereon or from the Iews Star or from Sterling-Castle in Scotland c. Mr. Gerrard de Malynes who was an eminent Merchant in Queen Elizabeth's Reign tells you That the Standard of the Sterling-Moneys of England had its first Birth from a Place so call'd being Coined there by Osbright a Saxon King which is about Eight Hundred Years ago at which time an Ounce of that Silver was divided into twenty Pieces and so esteem'd as Twenty-Pence and in that manner continu'd until Henry the Sixth's Time For what reason the Standard came afterwards to be alter'd I referr you to his Book written upon this Subject Entituled The Canker of England 's Commonwealth being one of the best things extant in its kind I must confess that I am so far of an Opinion with Mr. Lowndes That the Standard ought to be alter'd for to keep up a certain equality of Trade and Traffick between us and other Countries not suffering an over-balancing of Foreign Commodities with our Home Commodities or in buying more than we can vend For thereby our Treasure will be exhausted which is the Life of Trade and Sinews of War To this known Disease therefore of the Body Politick some Publick Remedy should necessarily be devised and applied then sublatâ Causâ the Cause being remov'd the ill Effect and Consequences thereof will cease It is to be consider'd That the transporting of our ready Money or Bullion maketh our Home Commodities sell cheap and the Foreign Commodities dear wherein chiefly consisteth the over-balancing so that in effect we give both Money and Commodities to have Foreign Commodities in exchange for them Some Gentlemen who has made it their business for some Years last past to melt down all the mill'd and broad Moneys will tell you That altering the Standard will lessen the Reputation of our Trade abroad as tho' all the Foreign Trade depended upon the exchange of Money To which Objection I answer'd That that Trade which solely depends upon the exchange of English Moneys had better be broken off and omitted than supported as Instance in the Trade which was maintained for several Years betwixt England and France where by Computation it was made appear That the French King receiv'd in Specie of English Money at least a Million per Annum and by melting it down into his own National Coin made at least Ten per Cent. more advantage of it so that it never made any return back to us By which indirect Practices abroad and the sinister Dealings at home by our own crafty Operators it is this that has benum'd our Trade and thrown it into a Lethargick Dilemma I humbly conceive that since such indirect Means hath been used both at Home and Abroad to exhaust our Treasures and the necessity of supplying the Exigencies of the War all along has obliged us to transmit our Moneys into other Countries that if speedy Remedy is not taken to supply these present Calamities the Government will become Apoplective But as we are now under an undeniable necessity for to call in the Publick Plate of the Kingdom so to supply the present Exigency of Affairs it will be consistent with the Honour and Interest of this Kingdom to examine and compare our Weight with that of other Kingdoms and the Fineness of our Standard with that of other Countries and if we differ not in proportion between the Gold and Silver then may our exchange run at one Price both for Gold and Silver taking the Denomination according to the Valuation of the Moneys of each Country and hereby shall we find how much fine Gold or Silver our Pound Sterling containeth and what quantities of other Moneys of the Netherlands c. have to counter value the same in the like Weight and Fineness to ours whether it be by the Pound Ducket or Dollar giving always Value for Value which was formerly called Par. This course of Exchange being abused and of late Years become a Trade in rising and falling in Price according to Plenty or Scarcity of Moneys in regard of distance of Places it hath become predominant and doth over-rule the course of Commodities and thereby becomes the efficient cause of the over-balancing of Commodities before-mentioned and consequently the decrease of our Wealth and the exportation of our Moneys as by demonstrative Reason have already been shew'd As Mr. Lowndes has well observ'd that it would be absolutely necessary to limit the Exportation of Bullion to a certain Summ which shall be sufficient to support our Army yet it would have been much better had he propos'd and mov'd for a free Port in Flanders Spain and other Confederate Countries where we might have Bullion in lieu of our Commodities And whereas Money will still be the measure of Trade as it is valued by the Publick Authority being reduced to a certainty whereby it doth not only give a set Price unto all other Metals but receiveth as it were by repercussion a Price in it self has made So that as that studious Gentleman who has made his Remarks upon Mr. Lowndes's Book saith that advancing five Shillings to six will in no wise advance Trade by reason you cannot buy therewith more Goods than you could formerly I will agree with the Gentleman if we are to buy Foreign Goods there may be some tolerable Plea for it because they look upon our Money in reference to the Value in Weight and not in Denomination But it is otherwise at Home from common Experience for I have not yet found but that if I had any Moneys that was indifferently good upon paying down I could buy as cheap as formerly The second Assertion that lowering the Standard doth sink the Value of the Gentlemens Estates in the Country for tho' they received 100 l. per annum in the new Coin they have in effect but 70 l. so