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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n account_n creditor_n debtor_n 1,494 5 12.7915 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A48882 Further considerations concerning raising the value of money wherein Mr. Lowndes's arguments for it in his late Report concerning an essay for the amendment of the silver coins, are particularly examined. Locke, John, 1632-1704. 1695 (1695) Wing L2745; ESTC R23043 55,764 130

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par._n it_o be_v low_a when_o he_o pay_v less_o than_o the_o parnell_n the_o par_n be_v a_o certain_a number_n of_o piece_n of_o the_o coin_n of_o one_o country_n contain_v in_o they_o a_o equal_a quantity_n of_o silver_n to_o that_o in_o another_o number_n of_o piece_n of_o the_o coin_n of_o another_o country_n v_o g._n suppose_v 36_o skillings_n of_o holland_n to_o have_v just_a as_o much_o silver_n in_o they_o as_o 20_o english_a shilling_n bill_n of_o exchange_n draw_v from_o england_n to_o holland_n at_o the_o rate_n of_o 36_o skillings_n dutch_n for_o each_o pound_n sterling_n be_v according_a to_o the_o par._n he_o that_o pay_v the_o money_n here_o and_o receive_v it_o there_o neither_o get_v nor_o lose_v by_o the_o exchange_n but_o receive_v just_o the_o same_o quantity_n of_o silver_n in_o the_o one_o place_n that_o he_o part_n with_o in_o the_o other_o but_o if_o he_o pay_v one_o pound_n sterling_a to_o receive_v but_o 30_o skillings_n in_o holland_n he_o pay_v â…™_n more_o than_o the_o par_fw-fr and_o so_o pay_v â…™_n more_o silver_n for_o the_o exchange_n let_v the_o sum_n be_v what_o it_o will_n the_o reason_n of_o high_a exchange_n be_v the_o buy_v much_o commodity_n in_o any_o foreign_a country_n beyond_o the_o value_n of_o what_o that_o country_n take_v of_o we_o this_o make_v english_a man_n have_v need_n of_o great_a sum_n there_o and_o this_o raise_v the_o exchange_n or_o price_n of_o bill_n for_o what_o grow_v more_o into_o demand_n increase_v present_o in_o price_n return_v money_n by_o exchange_n into_o foreign_a part_n keep_v not_o one_o farthing_n from_o go_v out_o it_o only_o prevent_v the_o more_o troublesome_a and_o hazardous_a way_n of_o send_v money_n in_o specie_fw-la forward_o and_o backward_o bill_n of_o exchange_n more_o commodious_o by_o scrip_n of_o paper_n even_o the_o account_n between_o particular_a debtor_n and_o creditor_n in_o different_a country_n as_o far_o as_o the_o commerce_n between_o those_o two_o place_n be_v equivalent_a but_o where_o the_o overbalance_n on_o either_o side_n demand_v payment_n there_o bill_n of_o exchange_n can_v do_v nothing_o but_o bullion_n or_o money_n in_o specie_fw-la must_v be_v send_v for_o in_o a_o country_n where_o we_o owe_v money_n and_o have_v no_o debt_n owe_v to_o we_o bill_n will_v not_o find_v credit_n but_o for_o a_o short_a time_n till_o money_n can_v be_v send_v to_o reimburse_v those_o that_o pay_v they_o unless_o we_o can_v think_v man_n beyond_o sea_n will_v part_v with_o their_o money_n for_o nothing_o if_o the_o trader_n of_o england_n owe_v their_o correspondent_o of_o holland_n 100.000_o l._n their_o account_n with_o all_o the_o rest_n of_o the_o world_n stand_v equal_a and_o remain_v so_o one_o farthing_n of_o this_o 100.000_o l._n can_v be_v pay_v by_o bill_n of_o exchange_n for_o example_n i_o owe_v 1000_o l._n of_o it_o and_o to_o pay_v that_o buy_v a_o bill_n of_o n._n here_o draw_v on_o john_n the_o wit_n of_o amsterdam_n to_o pay_v p._n van_n lore_n my_o correspondent_n there_o the_o money_n be_v pay_v according_o and_o thereby_o i_o be_o out_o of_o van_n lores_n debt_n but_o one_o farthing_n of_o the_o debt_n of_o england_n to_o holland_n be_v not_o thereby_o pay_v for_o n._n of_o who_o i_o buy_v the_o bill_n of_o exchange_n be_v now_o as_o much_o indebt_v to_o john_n the_o wit_n as_o i_o be_v before_o to_o p._n van_fw-mi lore_n particular_a debtor_n and_o creditor_n be_v only_o change_v by_o bill_n of_o exchange_n but_o the_o debt_n owe_v from_o one_o country_n to_o the_o other_o can_v be_v pay_v without_o real_a effect_n send_v thither_o to_o that_o value_n either_o in_o commodity_n or_o money_n where_o the_o balance_n of_o trade_n bare_o pay_v for_o commodity_n with_o commodity_n there_o money_n must_v be_v send_v or_o else_o the_o debt_n can_v be_v pay_v i_o have_v speak_v of_o silver_n coin_v alone_o because_o that_o make_v the_o money_n of_o account_n and_o measure_n of_o trade_n all_o through_o the_o world_n for_o all_o contract_n be_v i_o think_v every_o where_o make_v and_o account_n keep_v in_o silver_n coin_n i_o be_o sure_a they_o be_v so_o in_o england_n and_o the_o neighbour_a country_n silver_n therefore_o and_o silver_n alone_o be_v the_o measure_n of_o commerce_n two_o metal_n as_o gold_n and_o silver_n can_v be_v the_o measure_n of_o commerce_n both_o together_o in_o any_o country_n because_o the_o measure_n of_o commerce_n must_v be_v perpetual_o the_o same_o invariable_a and_o keep_v the_o same_o proportion_n of_o value_n in_o all_o its_o part_n but_o so_o only_o one_o metal_n do_v or_o can_v do_v to_o itself_o so_o silver_n be_v to_o silver_n and_o gold_n to_o gold_n a_o ounce_n of_o silver_n be_v always_o of_o equal_a value_n to_o a_o ounce_n of_o silver_n and_o a_o ounce_n of_o gold_n to_o a_o ounce_n of_o gold_n and_o two_o ounce_n of_o the_o one_o or_o the_o other_o of_o double_a the_o value_n to_o a_o ounce_n of_o the_o same_o but_o gold_n and_o silver_n change_v their_o value_n one_o to_o another_o for_o suppose_v they_o to_o be_v in_o value_n as_o sixteen_o to_o one_o now_o perhaps_o the_o next_o month_n they_o may_v be_v as_o fifteen_o and_o three_o quarter_n or_o 15_o and_o â…ž_n to_o one_o and_o one_o may_v as_o well_o make_v a_o measure_n v_o g._n a_o yard_n who_o part_n lengthen_v and_o shrink_v as_o a_o measure_n of_o trade_n of_o material_n that_o have_v not_o always_o a_o settle_a unvariable_a value_n to_o one_o another_o one_o metal_n therefore_o alone_o can_v be_v the_o money_n of_o account_n and_o contract_n and_o the_o measure_n of_o commerce_n in_o any_o country_n the_o fit_a for_o this_o use_n of_o all_o other_o be_v silver_n for_o many_o reason_n which_o need_v not_o here_o be_v mention_v it_o be_v enough_o that_o the_o world_n have_v agree_v in_o it_o and_o make_v it_o their_o common_a money_n and_o as_o the_o indian_n right_o call_v it_o measure_n all_o other_o metal_n gold_n as_o well_o as_o lead_v be_v but_o commodity_n commodity_n be_v movable_n valuable_a by_o money_n the_o common_a measure_n gold_n though_o not_o the_o money_n of_o the_o world_n and_o the_o measure_n of_o commerce_n nor_o fit_a to_o be_v so_o yet_o may_v and_o aught_o to_o be_v coin_v to_o ascertain_v its_o weight_n and_o fineness_n and_o such_o coin_n may_v safe_o have_v a_o price_n as_o well_o as_o stamp_n set_v upon_o it_o by_o public_a authority_n so_o the_o value_n set_v be_v under_o the_o market_n price_n for_o then_o such_o piece_n coin_v will_v be_v a_o commodity_n as_o passable_a as_o silver_n money_n very_o little_o vary_v in_o their_o price_n as_o guineas_n which_o be_v coin_v at_o the_o value_n of_o 20_o s._n but_o pass_v usual_o for_o between_o 21_o or_o 22_o shilling_n according_a to_o the_o current_a rate_n but_o not_o have_v so_o high_a a_o value_n put_v upon_o they_o by_o the_o law_n no_o body_n can_v be_v force_v to_o take_v they_o to_o their_o loss_n at_o 21_o s._n 6_o d._n if_o the_o price_n of_o gold_n shall_v happen_v at_o any_o time_n to_o be_v cheap_a from_o what_o have_v be_v say_v i_o think_v it_o appear_v 1._o that_o silver_n be_v that_o which_o mankind_n have_v agree_v on_o to_o take_v and_o give_v in_o exchange_n for_o all_o other_o commodity_n as_o a_o equivalent_a 2._o that_o it_o be_v by_o the_o quantity_n of_o silver_n they_o give_v or_o take_v or_o contract_n for_o that_o they_o estimate_v the_o value_n of_o other_o thing_n and_o satisfy_v for_o they_o and_o thus_o by_o its_o quantity_n silver_n become_v the_o measure_n of_o commerce_n 3._o hence_o it_o necessary_o follow_v that_o a_o great_a quantity_n of_o silver_n have_v a_o great_a value_n a_o less_o quantity_n of_o silver_n have_v a_o less_o value_n and_o a_o equal_a quantity_n a_o equal_a value_n 4._o that_o money_n differ_v from_o uncoined_a silver_n only_o in_o this_o that_o the_o quantity_n of_o silver_n in_o each_o piece_n of_o money_n be_v ascertain_v by_o the_o stamp_n it_o bear_v which_o be_v set_v there_o to_o be_v a_o public_a voucher_n of_o its_o weight_n and_o fineness_n 5._o that_o gold_n be_v treasure_n as_o well_o as_o silver_n because_o it_o decay_v not_o in_o keep_v and_o never_o sink_v much_o in_o its_o value_n 6._o that_o gold_n be_v fit_a to_o be_v coin_v as_o well_o as_o silver_n to_o ascertain_v its_o quantity_n to_o those_o who_o have_v a_o mind_n to_o traffic_n in_o it_o but_o not_o fit_a to_o be_v join_v with_o silver_n as_o a_o measure_n of_o commerce_n 7._o that_o jewel_n too_o be_v treasure_n because_o they_o keep_v without_o decay_n and_o have_v constant_o a_o great_a value_n in_o proportion_n to_o their_o bulk_n but_o can_v be_v use_v for_o money_n because_o their_o value_n be_v not_o measure_v by_o their_o
proof_n that_o silver_n be_v now_o â…•_n more_o value_n than_o it_o be_v i_o fear_v none_o of_o they_o will_v reach_v mr._n lowndes_n point_n he_o say_v p._n 77_o by_o daily_a experience_n nineteen_o penny_n weight_n and_o three_o ten_o of_o a_o penny_n weight_n of_o sterling_a silver_n which_o be_v just_a the_o weight_n of_o a_o crown_n piece_n will_v purchase_v more_o coin_v money_n than_o five_o unclipe_v shilling_n i_o wish_v he_o have_v tell_v we_o where_o this_o daily_a experience_n he_o speak_v of_o be_v to_o be_v find_v for_o i_o dare_v say_v no_o body_n have_v see_v a_o sum_n of_o unclipe_v shilling_n pay_v for_o bullion_n any_o where_o this_o twelve_o month_n to_o go_v no_o further_o back_o in_o the_o next_o place_n i_o wish_v he_o have_v tell_v we_o how_o much_o more_o than_o five_o lawful_a mill_v shilling_n bullion_n of_o the_o weight_n of_o a_o crown_n piece_n will_v purchase_v if_o he_o have_v say_v it_o will_v purchase_v six_o shilling_n and_o three_o penny_n weighty_a money_n he_o have_v prove_v the_o matter_n in_o question_n and_o whoever_o have_v the_o weight_n of_o a_o crown_n in_o silver_n pay_v he_o in_o mr._n lowndes_n new_a coin_n instead_o of_o six_o shilling_n and_o three_o penny_n of_o our_o present_a money_n have_v no_o injury_n do_v he_o if_o it_o will_v certain_o purchase_v he_o six_o shilling_n and_o three_o penny_n all_o unclipe_v of_o our_o present_a money_n but_o every_o one_o at_o first_o sight_n perceive_v this_o to_o be_v impossible_a as_o i_o have_v already_o prove_v it_o and_o i_o have_v in_o this_o the_o concurrence_n of_o mr._n lowndes_n new_a scheme_n to_o prove_v it_o to_o be_v so_o for_o p._n 62_o he_o propose_v that_o his_o silver_n unite_v have_v the_o weight_n and_o fineness_n of_o a_o present_a unclipe_v crown_n piece_n shall_v go_v for_o 75_o penny_n and_o that_o the_o present_a shilling_n shall_v go_v for_o 15_o penny_n by_o which_o establishment_n there_o will_v be_v 75_o penny_n in_o his_o unite_v and_o 93_o penny_n three_o farthing_n in_o six_o shilling_n three_o penny_n weighty_a money_n of_o the_o present_a coin_n which_o be_v a_o undeniable_a confession_n that_o it_o be_v as_o impossible_a for_o his_o silver_n unite_v have_v no_o more_o silver_n in_o it_o than_o a_o present_a unclipe_v crown_n to_o be_v worth_a and_o so_o to_o purchase_v six_o unclipe_v shilling_n and_o three_o penny_n of_o our_o present_a money_n as_o it_o be_v for_o 75_o penny_n to_o be_v worth_a 93_o of_o the_o same_o penny_n or_o 75_o to_o be_v equal_a to_o 93._o if_o he_o mean_v by_o more_o that_o his_o sterling_a silver_n of_o the_o weight_n of_o a_o crown_n piece_n will_v purchase_v a_o penny_n or_o two_o penny_n more_o than_o five_o unclipe_v shilling_n which_o be_v the_o most_o and_o which_o be_v but_o accidental_a too_o what_o be_v this_o rise_n of_o its_o value_n to_o 15_o penny_n and_o what_o amends_o will_v one_o 1_o 60_o a_o little_a more_o or_o less_o rise_v in_o value_n make_v for_o â…•_n diminish_v in_o weight_n and_o lose_v in_o the_o quantity_n which_o be_v all_o one_o as_o to_o say_v that_o a_o penny_n or_o thereabouts_o shall_v make_v amends_o for_o fifteen_o penny_n take_v away_o another_o way_n to_o recommend_v his_o new_a coin_n to_o those_o who_o shall_v receive_v it_o instead_o of_o the_o present_a weighty_a coin_n he_o tell_v he_o p._n 77._o it_o will_v pay_v as_o much_o debt_n and_o purchase_n as_o much_o commodity_n as_o our_o present_a money_n which_o be_v â…•_n heavy_a what_o he_o say_v of_o debt_n be_v true_a but_o yet_o i_o will_v have_v it_o well_o consider_v by_o our_o english_a gentleman_n that_o though_o creditor_n will_v lose_v â…•_n of_o their_o principal_a and_o use_v and_o landlord_n will_v lose_v â…•_n of_o their_o income_n yet_o the_o debtor_n and_o tenant_n will_v not_o get_v it_o it_o will_v be_v ask_v who_o then_o will_v get_v it_o these_o i_o say_v and_o those_o only_o who_o have_v great_a sum_n of_o weighty_a money_n whereof_o one_o fee_n not_o a_o piece_n now_o in_o payment_n hoard_v up_o by_o they_o will_v get_v by_o it_o to_o those_o by_o the_o propose_a change_n of_o our_o money_n will_v be_v a_o increase_n of_o â…•_n add_v to_o their_o riches_n pay_v out_o of_o the_o pocket_n of_o the_o rest_n of_o the_o nation_n for_o what_o these_o man_n receive_v for_o four_o shilling_n they_o will_v pay_v again_o for_o five_o this_o weighty_a money_n hoard_v up_o mr._n lowndes_n p._n 105_o compute_v at_o one_o million_o and_o six_o hundred_o thousand_o pound_n so_o that_o by_o raise_v our_o money_n one_o five_o there_o will_v three_o hundred_o and_o twenty_o thousand_o pound_n be_v give_v to_o those_o who_o have_v hoard_v up_o our_o weighty_a money_n which_o hoard_v up_o of_o money_n be_v think_v by_o many_o to_o have_v no_o other_o merit_n in_o it_o than_o the_o prejudice_a our_o trade_n and_o public_a affair_n and_o increase_v our_o necessity_n by_o keep_v so_o great_a a_o part_n of_o our_o money_n from_o come_v abroad_o at_o a_o time_n when_o there_o be_v so_o great_a need_n of_o it_o if_o the_o sum_n of_o unclipe_v money_n in_o the_o nation_n be_v as_o some_o suppose_v much_o great_a then_o there_o will_v by_o this_o contrivance_n of_o the_o raise_v our_o coin_n be_v give_v to_o these_o rich_a hoarder_n much_o above_o the_o aforesaid_a sum_n of_o three_o hundred_o and_o twenty_o thousand_o pound_n of_o our_o present_a money_n no_o body_n else_o but_o these_o hoarder_n can_v get_v a_o farthing_n by_o this_o propose_a change_n of_o our_o coin_n unless_o man_n in_o debt_n have_v plate_n by_o they_o which_o they_o will_v coin_v to_o pay_v their_o debt_n those_o too_o i_o must_v confess_v will_v get_v one_o five_o by_o all_o the_o plate_n of_o their_o own_o which_o they_o shall_v coin_v and_o pay_v debt_n with_o value_v their_o plate_n at_o bullion_n but_o if_o they_o shall_v consider_v the_o fashion_n of_o their_o plate_n what_o that_o cost_n when_o they_o buy_v it_o and_o the_o fashion_n that_o new_a plate_n will_v cost_v they_o if_o they_o intend_v ever_o to_o have_v plate_n again_o they_o will_v find_v this_o one_o five_o seem_v present_a profit_n in_o coin_v their_o plate_n to_o pay_v their_o debt_n amount_v to_o little_a or_o nothing_o at_o all_o no_o body_n then_o but_o the_o hoarder_n will_v get_v by_o this_o twenty_o per_fw-la cent._n and_o i_o challenge_v any_o one_o to_o show_v how_o any_o body_n else_o but_o that_o little_a in_o the_o case_n of_o plate_n coin_v to_o pay_v debt_n shall_v get_v a_o farthing_n by_o it_o it_o seem_v to_o promise_v fair_a to_o the_o debtor_n but_o to_o they_o too_o it_o will_v amount_v to_o nothing_o for_o he_o that_o take_v up_o money_n to_o pay_v his_o debt_n will_v receive_v this_o new_a money_n and_o pay_v it_o again_o at_o the_o same_o rate_n he_o receive_v it_o just_a as_o he_o do_v now_o our_o present_a coin_n without_o any_o profit_n at_o all_o and_o though_o commodity_n as_o be_v natural_a shall_v be_v raise_v in_o proportion_n to_o the_o lessen_v of_o the_o money_n no_o body_n will_v get_v by_o that_o any_o more_o than_o they_o do_v now_o when_o all_o thing_n be_v grow_v dear_a only_o he_o that_o be_v bind_v up_o by_o contract_n to_o receive_v any_o sum_n under_o such_o a_o denomination_n of_o pound_n shilling_n and_o penny_n will_v find_v his_o loss_n sensible_o when_o he_o go_v to_o buy_v commodity_n and_o make_v new_a bargain_n the_o market_n and_o the_o shop_n will_v soon_o convince_v he_o that_o his_o money_n which_o be_v one_o five_o light_a be_v also_o one_o five_o worse_n when_o he_o must_v pay_v twenty_o per._n cent._n more_o for_o all_o the_o commodity_n he_o buy_v with_o the_o money_n of_o the_o new_a foot_n than_o if_o he_o buy_v it_o with_o the_o present_a coin_n this_o mr._n lowndes_n himself_o will_v not_o deny_v when_o he_o call_v to_o mind_v what_o he_o himself_o speak_v of_o the_o inconvenience_n we_o suffer_v by_o our_o clip_a money_n say_v p._n 115._o person_n before_o they_o conclude_v in_o any_o bargain_n be_v necessitate_v first_o to_o settle_v the_o price_n or_o value_n of_o the_o very_a money_n they_o be_v to_o receive_v for_o their_o good_n and_o if_o it_o be_v in_o clip_a or_o bad_a money_n they_o set_v the_o price_n of_o their_o good_n according_o which_o i_o think_v have_v be_v one_o great_a cause_n of_o raise_v the_o price_n not_o only_o of_o merchandize_n but_o even_o of_o edible_n and_o other_o necessary_n for_o the_o sustenance_n of_o the_o common_a people_n to_o their_o great_a grievance_n that_o every_o one_o who_o receive_v money_n after_o the_o raise_n our_o money_n on_o contract_n make_v before_o the_o change_n must_v lose_v twenty_o per_fw-la cent._n in_o all_o he_o shall_v buy_v be_v
demonstration_n by_o mr._n lowndes_n own_o scheme_n mr._n lowndes_n propose_v that_o there_o shall_v be_v shilling_n coin_v upon_o the_o new_a foot_n ⅕_n light_a than_o our_o present_a shilling_n which_o shall_v go_v for_o 12_o penny_n apiece_o and_o that_o the_o unclipe_v shilling_n of_o the_o present_a coin_n shall_v go_v for_o fifteen_o penny_n apiece_o and_o the_o crown_n for_o seventy_o five_o penny_n a_o man_n who_o have_v a_o debt_n of_o a_o hundred_o pound_n owe_v he_o upon_o bond_n or_o lease_n receive_v it_o in_o these_o new_a shilling_n instead_o of_o lawful_a money_n of_o the_o present_a standard_n he_o go_v to_o market_n with_o twenty_o shilling_n in_o one_o pocket_n of_o this_o new_a money_n which_o be_v value_v at_o 240_o penny_n and_o in_o the_o other_o pocket_n with_o four_o milled_a crown_n piece_n or_o 20_o milled_a shilling_n of_o the_o present_a coin_n which_o be_v value_v at_o three_o hundred_o penny_n which_o be_v one_o five_o more_o it_o be_v demonstration_n then_o that_o he_o lose_v one_o five_o or_o 20_o per_fw-la cent._n in_o all_o that_o he_o buy_v by_o the_o receipt_n of_o this_o new_a money_n for_o the_o present_a coin_n which_o be_v his_o due_n unless_o those_o he_o deal_v with_o will_v take_v four_o for_o five_o penny_n or_o four_o shilling_n for_o five_o shilling_n he_o buy_v for_o example_n a_o quart_n of_o oil_n for_o fifteen_o penny_n if_o he_o pay_v for_o it_o with_o the_o old_a money_n in_o one_o pocket_n one_o shilling_n will_v do_v it_o if_o with_o the_o new_a money_n in_o the_o other_o he_o must_v add_v three_o penny_n to_o it_o or_o a_o quarter_n of_o another_o shilling_n and_o so_o of_o all_o the_o rest_n that_o he_o pay_v for_o with_o either_o the_o old_a money_n which_o he_o shall_v have_v receive_v his_o debt_n in_o or_o with_o the_o new_a which_o he_o be_v force_v to_o receive_v for_o it_o thus_o far_o it_o be_v demonstration_n he_o lose_v twenty_n per_fw-la cent._n by_o receive_v his_o debt_n in_o a_o new_a money_n thus_o raise_v when_o he_o use_v it_o to_o buy_v any_o thing_n but_o to_o make_v he_o amends_o mr._n lowndes_n tell_v he_o silver_n be_v now_o dear_a and_o all_o thing_n consequent_o will_v be_v buy_v cheap_a twenty_n per_fw-la cent._n i_o be_o sure_a there_o be_v no_o demonstration_n of_o that_o nor_o appearance_n of_o it_o yet_o and_o if_o i_o may_v credit_v housekeeper_n and_o substantial_a tradesman_n all_o sort_n of_o provision_n and_o commodity_n be_v late_o rise_v excessive_o and_o notwithstanding_o the_o scarcity_n of_o silver_n begin_v to_o come_v up_o to_o the_o true_a value_n of_o our_o clip_a money_n every_o one_o sell_v their_o commodity_n so_o as_o to_o make_v themselves_o amend_v in_o the_o number_n of_o light_a piece_n for_o what_o they_o want_v in_o weight_n a_o creditor_n ought_v to_o think_v the_o new_a light_a money_n equivalent_a to_o the_o present_a heavy_a because_o it_o will_v buy_v as_o much_o commodity_n but_o what_o if_o it_o shall_v fail_v as_o it_o be_v ten_o to_o one_o but_o it_o will_v what_o security_n have_v he_o for_o it_o he_o be_v tell_v so_o and_o he_o must_v be_v satisfy_v the_o salt_n wine_n oil_n silk_n naval_a stores_n and_o all_o foreign_a commodity_n will_v none_o of_o they_o be_v sell_v we_o by_o foreigner_n for_o a_o less_o quantity_n of_o silver_n than_o before_o because_o we_o have_v give_v the_o name_n of_o more_o peace_n to_o it_o be_v i_o think_v demonstration_n all_o our_o name_n if_o they_o be_v any_o more_o to_o we_o be_v to_o they_o but_o bare_a sound_n and_o our_o coin_n as_o they_o to_o we_o but_o mere_a bullion_n value_v only_o by_o its_o weight_n and_o a_o suede_n will_v no_o more_o sell_v you_o his_o hemp_n and_o pitch_n or_o a_o spaniard_n his_o oil_n for_o less_o silver_n because_o you_o tell_v he_o silver_n be_v scarce_a now_o in_o england_n and_o therefore_o rise_v in_o value_n one_o five_o than_o a_o tradesman_n of_o london_n will_v sell_v his_o commodity_n cheap_a to_o the_o isle_n of_o man_n because_o they_o be_v grow_v poor_a and_o money_n be_v scarce_o there_o all_o foreign_a commodity_n must_v be_v shut_v out_o of_o the_o number_n of_o those_o that_o will_v fall_v to_o comply_v with_o our_o raise_v our_o money_n corn_n also_o it_o be_v evident_a do_v not_o rise_v or_o fall_v by_o the_o difference_n of_o more_o or_o less_o plenty_n of_o money_n but_o by_o the_o plenty_n and_o scarcity_n that_o god_n give_v for_o our_o money_n in_o appearance_n remain_v the_o same_o the_o price_n of_o corn_n be_v double_a one_o year_n to_o what_o it_o be_v the_o precedent_n and_o therefore_o we_o must_v certain_o make_v account_n that_o since_o the_o money_n be_v one_o five_o light_a it_o will_v buy_v one_o five_o less_o corn_n communibus_fw-la annis_fw-la and_o this_o be_v the_o great_a expense_n of_o the_o poor_a that_o take_v up_o almost_o all_o their_o earning_n if_o corn_n be_v communibus_fw-la annis_fw-la sell_v for_o one_o five_o more_o money_n in_o tale_n than_o before_o the_o change_n of_o our_o money_n they_o too_o must_v have_v one_o five_o more_o in_o tale_n of_o the_o new_a money_n for_o their_o wage_n than_o they_o have_v now_o and_o the_o day-labourer_n must_v have_v not_o only_o twelve_o but_o fifteen_o penny_n of_o the_o new_a money_n a_o day_n which_o be_v the_o present_a shilling_n that_o he_o have_v now_o or_o else_o he_o can_v live_v so_o that_o all_o foreign_a commodity_n with_o corn_n and_o labour_n keep_v up_o their_o value_n to_o the_o quantity_n of_o silver_n they_o sell_v for_o now_o and_o not_o comply_v in_o the_o fall_n of_o their_o real_a price_n with_o the_o nominal_a raise_n of_o our_o money_n there_o be_v not_o much_o leave_v wherein_o landlord_n and_o creditor_n be_v to_o expect_v the_o recompense_n of_o 20_o per_fw-la cent._n abatement_n of_o price_n in_o commodity_n to_o make_v up_o their_o loss_n in_o the_o lightness_n of_o our_o money_n they_o be_v pay_v their_o rent_n and_o debt_n in_o it_o will_v be_v easy_a to_o show_v the_o same_o thing_n concern_v our_o other_o native_a commodity_n and_o make_v it_o clear_a that_o we_o have_v no_o reason_n to_o expect_v they_o shall_v abate_v of_o their_o present_a price_n any_o more_o than_o corn_n and_o labour_n but_o this_o be_v enough_o and_o any_o one_o who_o have_v a_o mind_n to_o it_o may_v trace_v the_o rest_n at_o his_o leisure_n and_o thus_o i_o fear_v the_o hope_n of_o cheap_a pennyworth_n which_o may_v beguile_v some_o man_n into_o a_o belief_n that_o landlord_n and_o creditor_n will_v receive_v no_o less_o by_o the_o propose_v new_a money_n be_v quite_o vanish_v but_o if_o the_o promise_n of_o better_a pennyworth_n and_o a_o fall_n of_o all_o commodity_n twenty_o per_fw-la cent._n shall_v hold_v true_a this_o will_v not_o at_o all_o relieve_v creditor_n and_o landlord_n and_o set_v they_o on_o equal_a term_n with_o their_o neighbour_n because_o the_o cheap_a pennyworth_n will_v not_o be_v for_o they_o alone_o but_o every_o body_n else_o as_o well_o as_o they_o will_v share_v in_o that_o advantage_n so_o that_o their_o silver_n be_v diminish_v one_o five_o in_o their_o rent_n and_o debt_n which_o be_v pay_v they_o they_o will_v still_o be_v twenty_o per_fw-la cent._n great_a loser_n than_o their_o unhoard_a neighbour_n and_o forty_o per_fw-la cent._n great_a loser_n than_o the_o hoar●ers_n of_o money_n who_o will_v certain_o get_v twenty_o per_fw-mi cent._n in_o the_o money_n whatever_o happen_v in_o the_o price_n of_o thing_n and_o twenty_o per_fw-la cent._n more_o in_o the_o cheapness_n of_o commodity_n if_o that_o promise_a recompense_n be_v make_v good_a to_o creditor_n and_o landlord_n for_o the_o hoarder_n of_o money_n if_o the_o price_n of_o thing_n fall_v will_v buy_v as_o cheap_a as_o they_o so_o that_o what_o ever_o be_v say_v of_o the_o cheapness_n of_o commodity_n it_o be_v demonstration_n whether_o that_o prove_v true_a or_o no_o that_o creditor_n and_o landlord_n and_o all_o those_o who_o be_v to_o receive_v money_n upon_o bargain_n make_v before_o the_o propose_a change_n of_o our_o coin_n will_v unavoidable_o lose_v twenty_o per_fw-la cent._n one_o thing_n mr._n lowndes_n say_v in_o this_o paragraph_n very_o remarkable_a which_o i_o think_v decide_v the_o question_n his_o word_n p._n 78._o be_v these_o that_o if_o the_o value_n of_o the_o silver_n in_o the_o coin_n by_o a_o extrinsic_a denomination_n be_v raise_v above_o the_o value_n or_o market_n price_n of_o the_o same_o silver_n reduce_v to_o bullion_n the_o subject_n will_v be_v proportionable_o injure_v and_o defraud_v as_o they_o be_v former_o in_o the_o case_n of_o base_a money_n coin_v by_o public_a authority_n it_o remain_v therefore_o only_o to_o show_v that_o the_o market-price_n of_o standard_n bullion_n be_v not_o one_o five_o above_o our_o
that_o in_o past_a age_n have_v be_v practise_v not_o only_o in_o our_o mint_n but_o in_o the_o mint_n of_o all_o politic_a government_n namely_o to_o raise_v the_o value_n of_o silver_n in_o the_o coin_n to_o promote_v the_o work_n of_o the_o mint_n as_o i_o remember_v suitable_a to_o this_o policy_n of_o the_o mint_n there_o be_v some_o two_o year_n since_o a_o complaint_n of_o a_o worthy_a gentleman_n not_o ignorant_a of_o it_o that_o the_o mill_n in_o the_o mint_n stand_v still_o and_o therefore_o there_o be_v a_o proposal_n offer_v for_o bring_v grist_n to_o the_o mill._n the_o business_n of_o money_n as_o in_o all_o time_n even_o in_o this_o our_o quick-sighted_a age_n have_v be_v think_v a_o mystery_n those_o employ_v in_o the_o mint_n must_v by_o their_o place_n be_v suppose_v to_o penetrate_v deep_a into_o it_o it_o be_v no_o impossible_a thing_n then_o to_o imagine_v that_o it_o be_v not_o hard_a in_o the_o ignorance_n of_o past_a age_n when_o money_n be_v little_a and_o skill_n in_o the_o turn_v of_o trade_n less_o for_o those_o verse_v in_o the_o business_n and_o policy_n of_o the_o mint_n to_o persuade_v a_o prince_n especial_o if_o money_n be_v scarce_o that_o the_o fault_n be_v in_o the_o standard_n of_o the_o mint_n and_o that_o the_o way_n to_o increase_v the_o plenty_n of_o money_n be_v to_o raise_v a_o well_o sound_a word_n the_o value_n of_o the_o coin_n this_o can_v not_o but_o be_v willing_o enough_o hearken_v to_o when_o beside_o the_o hope_n of_o draw_v a_o increase_n of_o silver_n into_o the_o realm_n it_o bring_v present_a gain_n by_o the_o part_n which_o the_o king_n get_v of_o the_o money_n which_o be_v hereupon_o all_o coin_v anew_o and_o the_o mint_n officer_n lose_v nothing_o since_o it_o promote_v the_o work_n of_o the_o mint_n this_o opinion_n mr._n lowndes_n himself_o give_v sufficient_a ground_n for_o in_o his_o book_n particular_o p._n 29._o where_o we_o read_v these_o word_n although_o the_o former_a debasement_n of_o the_o coin_n by_o public_a authority_n especial_o those_o in_o the_o reign_n of_o king_n henry_n viii_o and_o king_n edward_n vi._n may_v be_v project_v for_o the_o profit_n of_o the_o crown_n and_o the_o projector_n may_v measure_v that_o profit_n by_o the_o excessive_a quantity_n of_o alloy_n that_o be_v mix_v with_o the_o silver_n and_o the_o gold_n and_o let_v i_o add_v or_o by_o the_o quantity_n of_o silver_n lessen_v in_o each_o species_n which_o be_v the_o same_o thing_n and_o though_o this_o be_v enterprise_v by_o a_o prince_n who_o can_v stretch_v his_o prerogative_n very_o far_o upon_o his_o people_n and_o be_v do_v in_o time_n when_o the_o nation_n have_v very_o little_a commerce_n inland_a or_o foreign_a to_o be_v injure_v and_o prejudice_v thereby_o yet_o experience_v present_o show_v that_o the_o projector_n be_v mistake_v and_o that_o it_o be_v absolute_o necessary_a to_o have_v the_o base_a money_n reform_v this_o at_o least_o they_o be_v not_o mistake_v in_o that_o they_o bring_v work_n to_o the_o mint_n and_o a_o part_n of_o the_o money_n coin_v to_o the_o crown_n for_o seigniorage_n in_o both_o which_o there_o be_v profit_n mr._n lowndes_n tell_v we_o p._n 44._o that_o henry_n viii_o have_v to_o the_o value_n of_o fifty_o shilling_n for_o every_o pound_n weight_n of_o gold_n coin_v i_o have_v meet_v with_o it_o somewhere_o that_o former_o the_o king_n may_v take_v what_o he_o please_v for_o coinage_n i_o know_v not_o too_o but_o the_o flatter_a name_n of_o raise_v money_n may_v prevail_v then_o as_o it_o do_v now_o and_o impose_v so_o far_o on_o they_o as_o to_o make_v they_o think_v the_o raise_n i._n e._n diminish_v the_o silver_n in_o their_o coin_n will_v bring_v it_o into_o the_o realm_n or_o stay_v it_o here_o when_o they_o find_v it_o go_v out_o for_o if_o we_o may_v guess_v at_o the_o other_o by_z henry_n viii_n raise_v it_o be_v probable_o when_o by_o reason_n of_o expense_n in_o foreign_a war_n or_o ill_o manage_v trade_n they_o find_v money_n begin_v to_o grow_v scarce_o the_o have_v the_o species_n of_o our_o coin_n one_o five_o big_a or_o one_o five_o less_o than_o they_o be_v at_o present_a will_v be_v neither_o good_a nor_o harm_n to_o england_n if_o they_o have_v always_o be_v so_o our_o standard_n have_v continue_v in_o weight_n and_o fineness_n just_a as_o it_o be_v now_o for_o very_a near_o this_o hundred_o year_n last_o pass_v and_o those_o who_o think_v the_o denomination_n and_o size_n of_o our_o money_n have_v any_o influence_n on_o the_o state_n of_o our_o wealth_n have_v no_o reason_n to_o change_v the_o present_a standard_n of_o our_o coin_n since_o under_o that_o we_o have_v have_v a_o great_a increase_n and_o long_a continuance_n of_o plenty_n of_o money_n than_o perhaps_o any_o other_o country_n can_v show_v i_o see_v no_o reason_n to_o think_v that_o a_o little_o big_a or_o less_o size_n of_o the_o piece_n coin_v be_v of_o any_o moment_n one_o be_v or_o other_o the_o species_n of_o money_n in_o any_o country_n of_o whatsoever_o size_n fit_a for_o coin_v if_o their_o proportion_n to_o one_o another_o be_v suit_v to_o arithmetic_n and_o calculation_n in_o whole_a number_n and_o the_o way_n of_o account_n in_o that_o country_n adapt_v to_o small_a payment_n and_o careful_o keep_v to_o their_o just_a weight_n and_o fineness_n can_v have_v no_o harm_n in_o they_o the_o harm_n come_v by_o the_o change_n which_o unreasonable_o and_o unjust_o give_v away_o and_o transfer_v man_n property_n disorder_n trade_n puzzle_v account_n and_o needs_o a_o new_a arithmetic_n to_o cast_v up_o reckon_n and_o keep_v account_n in_o beside_o a_o thousand_o other_o inconvenience_n not_o to_o mention_v the_o charge_n of_o recoin_v the_o money_n for_o this_o may_v be_v depend_v on_o that_o if_o our_o money_n be_v raise_v as_o be_v propose_v it_o will_v enforce_v the_o recoin_n of_o all_o our_o money_n both_o old_a and_o new_a except_o the_o new_a shilling_n to_o avoid_v the_o terrible_a difficulty_n and_o confusion_n there_o will_v be_v in_o keep_v account_n in_o pound_n shilling_n and_o penny_n as_o they_o must_v be_v when_o the_o species_n of_o our_o money_n be_v so_o order_v as_o not_o to_o answer_v those_o denomination_n in_o round_a number_n this_o consideration_n lead_v i_o to_o mr._n lowndes_n five_o and_o six_o reason_n p._n 85._o wherein_o he_o recommend_v the_o raise_v our_o money_n in_o the_o proportion_n propose_v for_o its_o convenience_n to_o our_o account_v by_o pound_n shilling_n and_o penny_n and_o for_o obviate_a perplexity_n among_o the_o common_a people_n he_o propose_v the_o present_a weigthy_a crown_n to_o go_v at_o six_o shilling_n three_o penny_n and_o the_o new_a sceptre_n or_o unite_v to_o be_v coin_v of_o the_o same_o weight_n to_o go_v at_o the_o same_o rate_n and_o half-crown_n half-scepter_n or_o half-unites_a of_o the_o weight_n of_o the_o present_a half-erown_a to_o go_v for_o two_o shilling_n seven_o penny_n halfpenny_n by_o no_o number_n of_o which_o piece_n can_v there_o be_v make_v a_o even_a pound_n sterling_n or_o any_o number_n of_o even_a shilling_n under_o a_o pound_n but_o they_o always_o fall_v into_o fraction_n of_o pound_n and_o shilling_n as_o may_v be_v see_v by_o this_o follow_a table_n  _fw-fr  _fw-fr l._n s._n d._n 1_o crown_n or_o sceptre_n piece_n  _fw-fr 6_o 3_o 2_o crown_n piece_n  _fw-fr 12_o 6_o 3_o crown_v piece_n  _fw-fr 18_o 9_o 4_o crown_n piece_n 1_o 5_o  _fw-fr 1_o half-crown_n piece_n  _fw-fr 2_o 7_o ½_o 3_o half-crown_n piece_v  _fw-fr 8_o 10_o ½_o 5_o half-crown_n piece_v  _fw-fr 15_o 1_o ½_o 7_o half-crown_n 1_o 1_o 4_o ½_o the_o present_a shilling_n and_o new_a testoon_n go_v for_o 15._o penny_n no_o number_n of_o they_o make_v any_o number_n of_o even_a shilling_n but_o five_o shilling_n ten_o shilling_n fifteen_o shilling_n and_o twenty_o shilling_n but_o in_o all_o the_o rest_n they_o always_o fall_v into_o fraction_n the_o like_a may_v be_v say_v of_o the_o present_a six-pence_n and_o future_a half_a testoon_n go_v for_o seven_o penny_n halfpenny_n the_o quarter_n testoon_n which_o be_v to_o go_v for_o three_o penny_n three_o farthing_n and_o the_o gross_a and_o groat_n which_o be_v to_o go_v for_o five_o penny_n the_o half_a gross_a or_o groat_n which_o be_v to_o go_v for_o two_o penny_n half_a penny_n and_o the_o prime_n which_o be_v to_o go_v for_o a_o penny_n farthing_n out_o of_o any_o tale_n of_o each_o of_o which_o species_n there_o can_v no_o just_a number_n of_o shilling_n be_v make_v as_o i_o think_v but_o five_o shilling_n ten_o shilling_n fifteen_o shilling_n and_o twenty_o shilling_n but_o they_o always_o fall_v into_o fraction_n the_o new_a intend_a shilling_n alone_o seem_v to_o be_v suit_v to_o our_o account_v in_o pound_n
shilling_n and_o penny_n the_o great_a piece_n as_o sceptre_n and_o half_a sceptre_n which_o be_v make_v to_o serve_v for_o the_o payment_n of_o great_a sum_n and_o be_v for_o dispatch_v in_o tale_n will_v not_o in_o tale_n fall_v into_o even_a pound_n and_o i_o fear_v it_o will_v puzzle_v a_o better_a arithmetician_n than_o most_o country_n man_n be_v to_o tell_v without_o pen_n and_o ink_n how_o many_o of_o the_o lesser_a piece_n except_o the_o shilling_n however_o combine_v will_v make_v just_a sixteen_o or_o seventeen_o shilling_n and_o i_o imagine_v there_o be_v not_o one_o country_n man_n of_o three_o but_o may_v have_v it_o for_o his_o pain_n if_o he_o can_v tell_v a_o hundred_o pound_v make_v up_o of_o a_o promiscuous_a mixture_n of_o the_o species_n of_o this_o new_a raise_v money_n exclude_v the_o shilling_n in_o a_o day_n time_n and_o that_o which_o will_v help_v to_o confound_v he_o and_o every_o body_n else_o will_v be_v the_o old_a crown_n half-crown_n shilling_n and_o sixpence_n current_a for_o new_a number_n of_o pence_n so_o that_o i_o take_v it_o for_o grant_v that_o if_o our_o coin_n be_v raise_v as_o be_v propose_v not_o only_o all_o our_o clip_v but_o all_o our_o weighty_a and_o milled_a money_n must_v of_o necessity_n be_v recoined_a too_o if_o you_o will_v no_o have_v trade_n disturb_v and_o people_n more_o disease_v with_o new_a money_n which_o they_o can_v tell_v nor_o keep_v account_n in_o than_o with_o light_n and_o clip_v money_n which_o they_o be_v cheat_v with_o and_o what_o a_o charge_v the_o new_a coin_n of_o all_o our_o money_n will_v be_v to_o the_o nation_n i_o have_v compute_v in_o another_o place_n 8._o that_o i_o think_v be_v of_o some_o consideration_n in_o our_o present_a circumstance_n though_o the_o confusion_n that_o this_o new_a raise_v money_n i_o fear_v be_v like_a to_o introduce_v and_o the_o want_n of_o money_n and_o stop_v of_o trade_n when_o the_o clip_v be_v call_v in_o and_o the_o weighty_a be_v to_o be_v recoined_a be_v of_o much_o great_a his_o four_o eight_o and_o nine_o reason_n p._n 84._o and_o 86._o be_v take_v from_o the_o save_v our_o present_a milled_a money_n from_o be_v cut_v and_o recoined_a the_o end_n i_o confess_v to_o be_v good_a it_o be_v very_o reasonable_a that_o so_o much_o excellent_a coin_n as_o good_a as_o ever_o be_v in_o the_o world_n shall_v not_o be_v destroy_v but_o there_o be_v i_o think_v a_o sure_a and_o easy_a way_n to_o preserve_v it_o than_o what_o mr._n lowndes_n propose_v it_o be_v past_a doubt_n it_o will_v be_v in_o no_o danger_n of_o recoin_v if_o our_o money_n be_v keep_v upon_o the_o present_a foot_n but_o if_o it_o be_v raise_v as_o mr._n lowndes_n propose_v all_o the_o present_a mill_v money_n will_v be_v in_o danger_n and_o the_o difficulty_n of_o count_v it_o upon_o the_o new_a propose_a foot_n will_v enforce_v it_o to_o be_v recoined_a into_o new_a piece_n of_o crown_n half-crown_n shilling_n and_o six-pence_n that_o may_v pass_v for_o the_o same_o number_n of_o pence_n the_o present_a do_v viz._n 60.30.12_o and_o 6._o as_o i_o have_v above_o show_v he_o say_v in_o his_o four_o reason_n that_o if_o piece_n have_v the_o same_o bigness_n shall_v have_v different_a value_v it_o may_v be_v difficult_a for_o the_o common_a people_n especial_o those_o not_o skilled_a in_o arithmetic_n to_o compute_v how_o many_o of_o one_o kind_n will_v be_v equal_a to_o he_o sum_n of_o another_o such_o difficulty_n and_o confusion_n in_o count_a money_n i_o agree_v with_o he_o ought_v careful_o to_o be_v avoid_v and_o therefore_o since_o if_o piece_n have_v the_o same_o bigness_n and_o stamp_n which_o the_o people_n be_v acquaint_v with_o shall_v have_v new_a value_v different_a from_o those_o which_o people_n be_v accustom_v to_o and_o these_o new_a value_v shall_v in_o number_n of_o penny_n not_o answer_v our_o way_n of_o account_v by_o pound_n and_o shilling_n it_o will_v be_v difficult_a for_o the_o common_a people_n especial_o those_o not_o skilled_a in_o arithmetic_n to_o compute_v how_o many_o of_o any_o one_o kind_n will_v make_v any_o sum_n they_o be_v to_o pay_v or_o receive_v especial_o when_o the_o number_n of_o any_o one_o kind_n of_o piece_n will_v be_v bring_v into_o so_o few_o even_a sum_n of_o pound_n and_o shilling_n and_o thus_o mr._n lowdes_n argument_n here_o turn_v upon_o himself_o and_o be_v against_o raise_v our_o coin_n to_o the_o value_n propose_v by_o he_o from_o the_o confusion_n it_o will_v produce_v his_o 8_o the_o reason_n p._n 86._o we_o have_v in_o these_o word_n it_o be_v difficult_a to_o conceive_v how_o any_o design_n of_o amend_v the_o clip_v money_n can_v be_v compass_v without_o raise_v the_o value_n of_o the_o silver_n remain_v in_o they_o because_o of_o the_o great_a deficiency_n of_o the_o silver_n clip_v away_o which_o upon_o recoin_v must_v necessary_o be_v defray_v and_o bear_v one_o way_n or_o other_o it_o be_v no_o difficulty_n to_o conceive_v that_o clip_v money_n be_v not_o lawful_a money_n shall_v be_v prohibit_v to_o pass_v for_o more_o than_o its_o weight_n next_o it_o be_v no_o difficulty_n to_o conceive_v that_o clip_v money_n pass_v for_o no_o more_o than_o its_o weight_n and_o so_o be_v in_o the_o state_n of_o standard_n bullion_n which_o can_v be_v export_v shall_v be_v bring_v to_o the_o mint_n and_o there_o exchange_v for_o weighty_a money_n by_o this_o way_n it_o be_v no_o difficulty_n to_o conceive_v how_o the_o amend_v the_o clip_v money_n may_v be_v compass_v because_o this_o way_n the_o deficiency_n of_o the_o silver_n clip_v away_o will_v certain_o be_v defray_v and_o bear_v one_o way_n or_o other_o and_o thus_o i_o have_v go_v over_o all_o mr._n lowndes_n reason_n for_o raise_v our_o coin_n wherein_o though_o i_o seem_v to_o differ_v from_o he_o yet_o i_o flatter_v myself_o it_o be_v not_o altogether_o so_o much_o as_o at_o first_o sight_n may_v appear_v since_o by_o what_o i_o find_v in_o another_o part_n of_o his_o book_n i_o have_v reason_n to_o judge_v he_o be_v a_o great_a deal_n of_o my_o mind_n for_o he_o have_v five_o very_a good_a argument_n for_o continue_v the_o present_a standard_n of_o fineness_n each_o of_o which_o be_v as_o strong_a for_o continue_v also_o the_o present_a standard_n of_o weight_n i._n e._n continue_v a_o penny_n of_o the_o same_o weight_n of_o standard_n silver_n which_o at_o present_a it_o have_v he_o that_o have_v a_o mind_n to_o be_v satisfy_v of_o this_o may_v read_v mr._n lowndes_n first_o five_o reason_n for_o continue_v the_o present_a standard_n of_o fineness_n which_o he_o will_v find_v in_o his_o 29_o 30_o 31_o 32_o page_n of_o his_o report_n and_o when_o mr._n lowndes_n himself_o have_v again_o consider_v what_o there_o be_v of_o weight_n in_o they_o and_o how_o far_o it_o reach_v he_o will_v at_o least_o not_o think_v it_o strange_a if_o they_o appear_v to_o i_o and_o other_o good_a argument_n against_o put_v less_o silver_n into_o our_o coin_n of_o the_o same_o denomination_n let_v that_o diminution_n be_v make_v what_o way_n it_o will_n what_o mr._n lowndes_n say_v about_o gold_n coin_n p._n 88_o etc._n etc._n appear_v to_o i_o high_o rational_a and_o i_o perfect_o agree_v with_o he_o except_v only_o that_o i_o do_v not_o think_v gold_n be_v in_o regard_n of_o silver_n rise_v â…•_n in_o england_n which_o i_o think_v may_v be_v thus_o make_v out_o a_o guinea_n weigh_v five_o penny_n weight_n and_o nine_o grain_n or_o one_o hundred_o and_o twenty_o nine_o grain_n and_o a_o pound_n sterling_n weigh_v one_o thousand_o eight_o hundred_o and_o sixty_o grain_n a_o guinea_n at_o twenty_o shilling_n be_v as_o one_o hundred_o and_o twenty_o nine_o to_o one_o thousand_o eight_o hundred_o and_o sixty_o that_o be_v as_o one_o to_o fourteen_o and_o a_o half_a a_o guinea_n at_o two_o and_o twenty_o shilling_n be_v as_o one_o hundred_o and_o twenty_o nine_o to_o two_o thousand_o forty_o two_o i_o e._n as_o one_o to_o sixteen_o a_o guinea_n at_o thirty_o shilling_n be_v as_o one_o hundred_o twenty_o nine_o to_o two_o thousand_o seven_o hundred_o eighty_o four_o i_o e._n as_o one_o to_o twenty_o one_o and_o a_o half_a near_o he_o therefore_o that_o receive_v twenty_o shilling_n mill_v money_n for_o a_o guinea_n receive_v one_o thousand_o eight_o hundred_o and_o sixty_o grain_n standard_n silver_n for_o one_o hundred_o twenty_o nine_o grain_n of_o standard_n gold_n i._n e._n fourteen_o and_o a_o half_a for_o one_o he_o who_o receive_v two_o and_o twenty_o shilling_n mill_v money_n for_o a_o guinea_n have_v two_o thousand_o forty_o two_o grain_n standard_n silver_n for_o one_o hundred_o twenty_o nine_o grain_n standard_n gold_n i._n e_o sixteen_o for_o one_o he_o who_o receive_v thirty_o shilling_n mill_v money_n for_o
i_o will_v suppose_v the_o king_n receive_v clip_v money_n in_o the_o exchequer_n and_o at_o half_a or_o three_o quarter_n loss_n coin_n it_o into_o milled_a money_n for_o if_o he_o receive_v all_o how_o much_o soever_o clip_v i_o suppose_v the_o clipper_n shears_n be_v not_o so_o squeamish_a as_o not_o to_o pare_v away_o above_o half_a it_o will_v be_v a_o wonderful_a conscienciousness_n in_o they_o no_o where_o that_o i_o know_v to_o be_v parallel_v if_o they_o will_v content_v themselves_o with_o less_o profit_n than_o they_o can_v make_v and_o will_v leave_v seven_o penny_n worth_a of_o silver_n in_o a_o half-crown_n if_o six_o penny_n worth_a and_o the_o stamp_n be_v enough_o to_o make_v it_o pass_v for_o half_a a_o crown_n when_o his_o majesty_n have_v coin_v this_o into_o milled_a money_n of_o standard_n weight_n and_o pay_v it_o out_o again_o to_o the_o banker_n goldsmith_n or_o other_o what_o shall_v then_o become_v of_o it_o either_o they_o will_v lay_v it_o up_o to_o get_v rid_v of_o their_o clip_a money_n for_o no_o body_n will_v part_v with_o heavy_a money_n whilst_o he_o have_v any_o light_n nor_o will_v any_o heavy_a money_n come_v abroad_o whilst_o there_o be_v light_v leave_v for_o whoever_o have_v clip_v money_n by_o he_o will_v sell_v good_a bargain_n or_o borrow_v at_o any_o rate_n of_o those_o who_o be_v willing_a to_o part_v with_o any_o weighty_a to_o keep_v that_o by_o he_o rather_o than_o the_o clip_a money_n he_o have_v in_o his_o hand_n so_o that_o as_o far_o as_o this_o reach_n no_o milled_a money_n how_o much_o soever_o be_v coin_v will_v appear_v abroad_o or_o if_o it_o do_v will_v it_o long_o escape_v the_o coiner_n and_o clipper_n hand_n who_o will_v be_v at_o work_n present_o upon_o it_o to_o furnish_v the_o exchequer_n with_o more_o clip_a money_n at_o fifty_o sixty_o seventy_o or_o i_o know_v not_o what_o advantage_n though_o this_o be_v enough_o to_o cut_v off_o the_o hope_n of_o milled_a money_n appear_v in_o payment_n whilst_o any_o clip_a be_v current_a yet_o to_o this_o we_o may_v add_v that_o gold_n import_v at_o a_o over_o value_n will_v sweep_v it_o away_o as_o fast_o as_o it_o be_v coin_v whilst_o clip_a money_n keep_v up_o the_o rate_n of_o guineas_n above_o their_o former_a value_n this_o will_v be_v the_o circulation_n of_o our_o money_n whilst_o clip_v be_v permit_v any_o way_n to_o be_v current_n and_o if_o store_n enough_o of_o clip_a money_n from_o at_o home_n or_o abroad_o can_v be_v but_o provide_v as_o it_o be_v more_o than_o probable_a it_o may_v now_o the_o trade_n be_v so_o universal_a and_o have_v be_v so_o long_o practise_v with_o great_a advantege_n and_o no_o great_a danger_n as_o appear_v by_o the_o few_o have_v suffer_v in_o regard_n of_o the_o great_a number_n it_o be_v evident_a be_v engage_v in_o the_o trade_n and_o the_o vent_n of_o it_o here_o in_o england_n be_v so_o know_v and_o sure_a i_o do_v not_o see_v how_o in_o a_o little_a while_o we_o shall_v have_v any_o money_n or_o good_n at_o all_o leave_v in_o england_n if_o clip_v be_v not_o immediate_o stop_v and_o how_o clip_v can_v be_v stop_v but_o by_o a_o immediate_a positive_a total_a prohibition_n whereby_o all_o clip_a money_n shall_v be_v forbid_v to_o pass_v in_o any_o payment_n whatsoever_o or_o to_o pass_v for_o more_o than_o its_o weight_n i_o will_v be_v glad_a to_o learn_v clip_v be_v the_o great_a leak_n which_o for_o some_o time_n past_a have_v contribute_v more_o to_o sink_v we_o than_o all_o the_o force_n of_o our_o enemy_n can_v do_v it_o be_v like_o a_o breach_n in_o the_o sea-bank_n which_o widen_v every_o moment_n till_o it_o be_v stop_v and_o my_o timorous_a temper_n must_v be_v pardon_v if_o i_o be_o fright_v with_o the_o thought_n of_o clip_a money_n be_v current_a one_o moment_n long_o at_o any_o other_o value_v but_o of_o warranted_a standard_n bullion_n and_o therefore_o there_o can_v be_v nothing_o more_o true_a and_o reasonable_a nor_o that_o deserve_v better_a to_o be_v consider_v than_o what_o mr._n lowndes_n say_v in_o his_o corollary_n p._n 90._o whoever_o desire_v to_o know_v the_o different_a way_n of_o coin_v money_n by_o the_o hammer_n and_o by_o the_o mill_n may_v inform_v himself_o in_o the_o exact_a account_n mr._n lowndes_n have_v give_v of_o both_o under_o his_o second_o general_a head_n where_o he_o may_v also_o see_v the_o probabl_a guess_n that_o have_v be_v make_v of_o the_o quantity_n of_o our_o clip_a money_n and_o the_o silver_n deficient_a in_o it_o and_o a_o account_n of_o what_o silver_n money_n be_v coin_v in_o the_o reign_v of_o q._n elizabeth_n k._n james_n one_a and_o charles_n one_a more_o exact_a than_o be_v to_o be_v have_v any_o where_o else_o there_o be_v only_o one_o thing_n which_o i_o shall_v mention_v since_o mr._n lowndes_n do_v it_o here_o again_o under_o this_o head_n p._n 100_o and_o that_o be_v melt_v down_o our_o coin_n concern_v which_o i_o shall_v venture_v humble_o to_o propose_v these_o follow_a question_n 1._o whether_o bullion_n be_v any_o thing_n but_o silver_n who_o workmanship_n have_v no_o value_n 2._o whether_o that_o workmanship_n which_o can_v be_v have_v for_o nothing_o have_v or_o can_v have_v any_o value_n 3._o whether_o whilst_o the_o money_n in_o our_o mint_n be_v coin_v for_o the_o owner_n without_o any_o cost_n to_o they_o our_o coin_n can_v ever_o have_v any_o value_n above_o standard_n bullion_n 4._o whether_o whilst_o our_o coin_n be_v not_o of_o value_n above_o standard_n bullion_n goldsmith_n and_o other_o who_o have_v need_v of_o standard_n silver_n will_v not_o rather_o take_v what_o be_v by_o the_o free_a labour_n of_o the_o mint_n ready_a essaid_a and_o adjust_v to_o their_o use_n and_o melt_v that_o down_o rather_o than_o be_v at_o the_o trouble_n of_o melt_a mix_v and_o essay_v of_o silver_n for_o the_o use_v they_o have_v 5._o whether_o the_o only_a cure_n for_o this_o wanton_a though_o criminal_a melt_v down_o our_o coin_n be_v not_o that_o the_o owner_n shall_v pay_v one_o moiety_n of_o the_o sixteen-pence_n halfpenny_n which_o be_v pay_v per_fw-la pound_n troy_n for_o coinage_n of_o silver_n which_o the_o king_n now_o pay_v all_o 6._o whether_o by_o this_o mean_v standard_n silver_n in_o coin_n will_v not_o be_v more_o worth_a than_o standard_n silver_n in_o bullion_n and_o so_o be_v preserve_v from_o this_o wanton_a melt_a down_o as_o soon_o as_o a_o overballance_n of_o our_o trade_n shall_v bring_v as_o silver_n to_o stay_v here_o for_o till_o than_o it_o be_v in_o vain_a to_o think_v of_o preserve_v our_o coin_n from_o melt_v down_o and_o therefore_o to_o no_o purpose_n till_o then_o to_o change_v that_o law_n 7._o whether_o any_o law_n or_o any_o penalty_n can_v keep_v our_o coin_n from_o be_v carry_v out_o when_o debt_n contract_v beyond_o sea_n call_v for_o it_o 8._o whether_o it_o be_v any_o odds_o to_o england_n whether_o it_o be_v carry_v out_o melt_v down_o into_o bullion_n or_o in_o specie_fw-la 9_o whether_o whilst_o the_o exigence_n of_o our_o occasion_n and_o trade_n call_v for_o it_o abroad_o it_o will_v not_o always_o be_v melt_v down_o for_o the_o conveniency_n of_o exportation_n so_o long_o as_o the_o law_n prohibit_v its_o exportation_n in_o specie_fw-la 10._o whether_o standard_n silver_n in_o coin_n and_o in_o bullion_n will_v not_o immediate_o be_v of_o the_o same_o value_n as_o soon_o as_o the_o prohibition_n of_o carry_v out_o money_n in_o specie_fw-la be_v take_v off_o 11._o whether_o a_o ounce_n of_o silver_n the_o more_o will_v be_v carry_v out_o in_o a_o year_n if_o that_o prohibition_n be_v take_v off_o 12._o whether_o silver_n in_o our_o coin_n will_v not_o always_o during_o the_o prohibition_n of_o its_o exportation_n be_v a_o little_a less_o worth_a than_o silver_n in_o bullion_n whilst_o the_o consumption_n of_o foreign_a commodity_n beyond_o what_o we_o pay_v for_o make_v the_o exportation_n of_o silver_n necessary_a and_o so_o during_o such_o a_o state_n raise_v your_o money_n as_o much_o and_o as_o often_o as_o you_o will_v silver_n in_o the_o coin_n will_v never_o fetch_v as_o much_o as_o the_o silver_n in_o bullion_n as_o mr._n lowndes_n express_v it_o p._n 110._o as_o to_o the_o inconvenience_n and_o damage_n we_o sustain_v by_o clip_a money_n pass_v by_o tale_n as_o if_o it_o be_v lawful_a nothing_o can_v be_v more_o true_a more_o judicious_a nor_o more_o weighty_a than_o what_o mr._n lowndes_n say_v under_o his_o three_o general_n head_n wherein_o i_o perfect_o agree_v with_o he_o except_v only_o where_o he_o build_v any_o thing_n upon_o the_o propose_v raise_v our_o coin_n one_o five_o and_o to_o what_o he_o say_v p._n 114_o concern_v our_o be_v deprive_v of_o the_o use_n of_o our_o heavy_a money_n by_o man_n
hoard_n it_o in_o prospect_n that_o the_o silver_n contain_v in_o those_o weghty_a piece_n will_v turn_v more_o to_o their_o profit_n than_o lend_v it_o at_o interest_n purchase_v or_o trade_n therewith_o i_o crave_v leave_n to_o add_v that_o those_o hoarder_n of_o money_n a_o great_a many_o of_o they_o drive_v no_o less_o but_o rather_o a_o great_a trade_n by_o hoard_v the_o weighty_a money_n than_o if_o they_o let_v it_o go_v abroad_o for_o by_o that_o mean_v all_o the_o current_n cash_n be_v light_n clip_v and_o hazardous_a money_n it_o be_v all_o tumble_v into_o their_o hand_n which_o give_v credit_n to_o their_o bill_n and_o furnish_v they_o to_o trade_n for_o as_o much_o as_o they_o please_v whilst_o every_o body_n else_o scarce_o trade_n at_o all_o but_o just_a as_o necessity_n force_v and_o be_v ready_a to_o stand_v still_o where_o he_o say_v p._n 114._o it_o be_v not_o likely_a the_o weighty_a money_n will_v soon_o appear_v abroad_o without_o raise_v their_o value_n and_o recoin_v the_o clip_a money_n i_o shall_v agree_v with_o he_o if_o it_o run_v thus_o without_o recoin_v the_o clip_a and_o in_o the_o mean_a time_n make_v it_o go_v for_o its_o weight_n for_o that_o will_v i_o humble_o conceive_v bring_v out_o the_o heavy_a money_n without_o raise_v its_o value_n as_o effectual_o and_o soon_o for_o it_o will_v do_v it_o immediate_o his_o will_v take_v up_o some_o time_n and_o i_o fear_v if_o clip_a money_n be_v not_o stop_v all_o at_o once_o and_o present_o from_o pass_v any_o way_n in_o tale_n the_o damage_n it_o will_v bring_v will_v be_v irreparable_a mr._n lowndes_n be_v four_o general_n head_n be_v to_o propose_v the_o mean_n that_o must_v be_v observe_v and_o the_o proper_a method_n to_o be_v use_v in_o and_o for_o the_o re_fw-mi establishment_n of_o the_o silver_n coin_n the_o first_o be_v that_o the_o work_n shall_v be_v finish_v in_o as_o little_a time_n as_o may_v be_v not_o only_o to_o obviate_v a_o far_a damage_n by_o clip_v in_o the_o interim_n but_o also_o that_o the_o needful_a advantage_n of_o the_o new_a money_n may_v be_v the_o soon_o obtain_v for_o the_o service_n of_o the_o nation_n these_o i_o agree_v with_o he_o be_v very_o good_a and_o necessary_a end_n but_o they_o be_v both_o to_o be_v attain_v i_o conceive_v much_o soon_o by_o make_v clip_a money_n go_v for_o its_o weight_n than_o by_o the_o method_n mr._n lowndes_n propose_v for_o this_o immediate_o put_v a_o end_n to_o clip_v and_o obviate_v all_o further_a damage_n thereby_o next_o it_o immediate_o bring_v out_o all_o the_o board_v weighty_a money_n and_o so_o that_o advantage_n will_v be_v soon_o obtain_v for_o the_o service_n of_o the_o nation_n than_o it_o can_v any_o other_o way_n beside_o next_o it_o preserve_v the_o use_n of_o clip_a money_n for_o the_o service_n of_o the_o nation_n in_o the_o interim_n till_o it_o can_v be_v re-coined_a all_o at_o the_o tower_n his_o second_o proposition_n be_v that_o the_o loss_n or_o the_o great_a part_n of_o it_o aught_o to_o be_v bear_v by_o the_o public_a and_o not_o by_o particular_n who_o be_v very_o numerous_a will_v be_v prejudice_v against_o a_o reformation_n for_o the_o public_a benefit_n if_o it_o be_v to_o be_v effect_v at_o the_o cost_n of_o particular_a men._n a_o tax_n give_v to_o make_v good_a the_o defect_n of_o silver_n in_o clip_a money_n will_v be_v pay_v by_o particular_n and_o so_o the_o loss_n will_v be_v bear_v by_o particular_a man_n and_o whether_o these_o particular_n be_v not_o more_o numerous_a or_o at_o least_o a_o great_a number_n of_o innocent_a man_n of_o they_o more_o sensible_o burden_v that_o way_n than_o if_o it_o take_v its_o chance_n in_o the_o hand_n of_o those_o man_n who_o have_v profit_v by_o the_o have_v it_o in_o their_o hand_n will_v be_v worth_a consider_v and_o i_o wish_v it_o be_v well_o weigh_v which_o of_o the_o two_o way_n the_o great_a number_n of_o man_n will_v be_v most_o dangerous_o prejudice_v against_o this_o reformation_n but_o as_o mr._n lowndes_n order_v the_o matter_n every_o body_n will_v i_o fear_v be_v prejudice_v against_o this_o reformation_n when_o as_o he_o divide_v it_o p._n 133_o 134._o the_o owner_n will_v bear_v near_o one_o half_a of_o the_o loss_n in_o the_o price_n of_o his_o clip_a money_n and_o every_o body_n else_o his_o part_n of_o the_o remainder_n in_o a_o tax_n levy_v on_o they_o for_o it_o i_o wish_v a_o remedy_n can_v be_v find_v without_o any_o body_n loss_n most_o of_o those_o way_n i_o have_v hear_v propose_v to_o make_v reparation_n to_o every_o particular_a man_n for_o the_o clip_a money_n shall_v be_v find_v in_o his_o hand_n do_v so_o delay_v the_o remedy_n if_o not_o entail_v clip_v upon_o we_o that_o i_o fear_v such_o a_o care_n of_o particular_n endanger_v the_o whole_a and_o if_o that_o suffer_v it_o will_v go_v but_o ill_o with_o particular_n and_o therefore_o i_o think_v it_o will_v be_v the_o rational_a desire_n of_o all_o particular_n that_o the_o short_a and_o sure_a way_n not_o interfere_v with_o law_n or_o equity_n shall_v be_v take_v to_o put_v a_o effectual_a end_n to_o a_o evil_a which_o every_o moment_n it_o continue_v work_n powerful_o towards_o a_o general_a ruin_n his_o four_o proposition_n be_v that_o no_o room_n must_v be_v leave_v for_o jealousy_n i_o acknowledge_v to_o be_v a_o good_a one_o if_o there_o can_v be_v a_o way_n find_v to_o attain_v it_o i_o can_v but_o wonder_v to_o find_v these_o word_n p._n 124_o that_o no_o person_n whatsoever_o shall_v hereafter_o be_v oblige_v to_o accept_v in_o legal_a payment_n any_o money_n whatsoever_o that_o be_v already_o clip_v or_o may_v hereafter_o be_v clip_v or_o diminish_v and_o that_o no_o person_n shall_v tender_v or_o receive_v any_o such_o money_n in_o payment_n under_o some_o small_a penalty_n to_o be_v make_v easy_o recoverable_a etc._n etc._n as_o if_o any_o man_n now_o be_v oblige_v to_o receive_v clip_v money_n in_o legal_a payment_n and_o there_o be_v not_o already_o a_o law_n with_o severe_a penalty_n against_o those_o who_o tender_v clip_v money_n in_o payment_n it_o be_v a_o doubt_n to_o i_o whether_o the_o warden_n master-worker_n etc._n etc._n of_o the_o mint_n at_o the_o tower_n can_v find_v fit_a and_o skilful_a person_n enough_o to_o set_v nine_o other_o mint_n at_o work_n in_o other_o part_n of_o england_n in_o a_o quarter_n of_o a_o year_n as_o mr._n lowndes_n propose_v p._n 127._o beside_o mr._n lowndes_n tell_v we_o p._n 96_o that_o the_o engine_n which_o put_v the_o letter_n upon_o the_o edge_n of_o the_o large_a silver_n piece_n and_o mark_v the_o edge_n of_o the_o rest_n with_o a_o grain_n be_v wrought_v secret_o and_o indeed_o this_o be_v so_o great_a a_o guard_n against_o counterfeit_v as_o well_o as_o clip_v our_o money_n that_o it_o deserve_v well_o to_o be_v keep_v a_o secret_a as_o it_o have_v be_v hitherto_o but_o how_o that_o can_v be_v if_o money_n be_v to_o be_v coin_v in_o nine_o other_o mint_n set_v up_o in_o several_a part_n be_v hard_o to_o conceive_v and_o last_o perhaps_o some_o may_v apprehend_v it_o may_v be_v of_o ill_a consequence_n to_o have_v so_o many_o man_n instruct_v and_o employ_v in_o the_o art_n of_o coin_v only_o for_o a_o short_a job_n and_o then_o turn_v loose_a again_o to_o shift_v for_o themselves_o by_o their_o own_o skill_n and_o industry_n as_o they_o can_v the_o provision_n make_v in_o his_o four_o rule_n p._n 136._o to_o prevent_v the_o gain_n of_o subtle_a dealer_n by_o cull_v out_o the_o heavy_a of_o the_o clip_a piece_n though_o it_o be_v the_o product_n of_o great_a sagacity_n and_o foresight_n exact_o calculate_v and_o as_o well_o contrive_v as_o in_o that_o case_n it_o can_v be_v yet_o i_o fear_v be_v too_o subtle_a for_o the_o apprehension_n and_o practice_n of_o country_n man_n who_o many_o of_o they_o with_o their_o little_a quickness_n in_o such_o matter_n have_v also_o but_o small_a sum_n of_o money_n by_o they_o and_o so_o neither_o have_v arithmetic_n nor_o choice_n of_o clip_a money_n to_o adjust_a it_o to_o the_o weight_n there_o require_v will_v be_v hardly_o make_v to_o understand_v it_o but_o i_o think_v the_o clipper_n have_v or_o will_v take_v care_n that_o there_o will_v not_o be_v any_o great_a need_n of_o it_o to_o conclude_v i_o confess_v myself_o not_o to_o see_v the_o least_o reason_n why_o our_o present_a milled_a money_n shall_v be_v at_o all_o alter_v in_o fineness_n weight_n or_o value_v i_o look_v upon_o it_o to_o be_v the_o best_a and_o safe_a from_o counterfeit_v adulterate_v or_o any_o way_n be_v fraudent_o diminish_v of_o any_o that_o ever_o be_v coin_v it_o be_v adjust_v to_o our_o legal_a payment_n reckon_n and_o account_n to_o which_o
our_o money_n must_v be_v reduce_v the_o raise_v its_o denomination_n will_v neither_o add_v to_o its_o worth_n nor_o make_v the_o stock_n we_o have_v more_o proportionate_a to_o our_o occasion_n nor_o bring_v one_o grain_n of_o silver_n the_o more_o into_o england_n or_o one_o farthing_n advantage_n to_o the_o public_a it_o will_v only_o serve_v to_o defraud_v the_o king_n and_o a_o great_a number_n of_o his_o subject_n and_o perplex_v all_o and_o put_v the_o kingdom_n to_o a_o needless_a charge_n of_o recoin_v all_o both_o mill_v as_o well_o as_o clip_a money_n if_o i_o may_v take_v upon_o i_o to_o offer_v any_o thing_n new_a i_o will_v humble_o propose_v that_o since_o market_n and_o retail_n trade_n require_v less_o division_n than_o six_o pence_n a_o sufficient_a quantity_n of_o four_o penny_n four_o penny_n half_a penny_n and_o five_o penny_n piece_n shall_v be_v coin_v these_o in_o change_n will_v answer_v all_o the_o fraction_n between_o six_o penny_n and_o a_o farthing_n and_o thereby_o supply_v the_o want_n of_o small_a money_n whereof_o i_o believe_v no_o body_n ever_o see_v enough_o common_a to_o answer_v the_o necessity_n of_o small_a payment_n whether_o either_o because_o there_o be_v never_o a_o sufficient_a quantity_n of_o such_o piece_n coin_v or_o whether_o because_o of_o their_o smallness_n they_o be_v apt_a to_o be_v lose_v out_o of_o any_o hand_n or_o because_o they_o often_o fall_v into_o child_n hand_n they_o lose_v they_o or_o lay_v they_o up_o so_o it_o be_v there_o be_v always_o a_o visible_a want_n of_o they_o to_o supply_v which_o without_o the_o inconvenience_n attend_v very_o small_a coin_n the_o propose_a piece_n i_o humble_o conceive_v will_v serve_v if_o it_o be_v think_v fit_a for_o this_o end_n to_o have_v four_o penny_n four_o penny_n half_a penny_n and_o five_o penny_n piece_n coin_v it_o will_v i_o suppose_v be_v convenient_a that_o they_o shall_v be_v distinguish_v from_o six_o pence_n and_o from_o one_o another_o by_o a_o deep_a and_o very_a large_a plain_a difference_n in_o the_o stamp_n on_o both_o side_n to_o prevent_v mistake_v and_o loss_n of_o time_n in_o tell_v of_o money_n the_o four_o penny_n half_a penny_n have_v already_o the_o harp_n for_o a_o know_a distinction_n which_o may_v be_v fit_a to_o be_v continue_v the_o five_o penny_n may_v have_v the_o feather_n and_o the_o four_o penny_n this_o mark_v iv._o of_o four_o on_o the_o reverse_n and_o on_o the_o other_o side_n they_o may_v each_o have_v the_o king_n head_n with_o a_o crown_n on_o it_o to_o show_v on_o that_o side_n too_o that_o the_o piece_n so_o coin_v be_v one_o of_o those_o under_o a_o six_o penny_n and_o with_o that_o they_o may_v each_o on_o that_o side_n also_o have_v some_o mark_n of_o distinction_n one_o from_o another_o as_o the_o five_o penny_n piece_n this_o mark_n of_o v._o the_o four_o penny_n half_a penny_n a_o little_a harp_n and_o the_o four_o penny_n nothing_o these_o or_o any_o other_o better_a distinction_n which_o his_o majesty_n shall_v order_v will_v in_o tale_n ready_o discover_v they_o if_o by_o chance_n any_o of_o they_o fall_v into_o large_a payment_n for_o which_o they_o be_v not_o design_v and_o thus_o i_o have_v with_o as_o much_o brevity_n and_o clearness_n as_o i_o can_v comply_v with_o what_o mr._n lowndes_n profess_v to_o be_v the_o end_n of_o print_v his_o report_n in_o these_o word_n viz._n that_o any_o person_n who_o have_v consider_v a_o affair_n of_o this_o nature_n may_v if_o they_o please_v communicate_v their_o thought_n for_o render_v the_o design_n here_o aim_v at_o more_o perfect_a or_o more_o agreeable_a to_o the_o public_a service_n it_o must_v be_v confess_v that_o my_o consideration_n have_v lead_v i_o to_o thought_n in_o some_o part_n of_o this_o affair_n quite_o opposite_a to_o mr._n lowndes_n but_o how_o far_o this_o have_v be_v from_o any_o desire_n to_o oppose_v he_o or_o to_o have_v a_o dispute_v with_o a_o man_n no_o otherwise_o know_v to_o i_o but_o by_o his_o civility_n and_o who_o i_o have_v a_o very_a great_a esteem_n for_o will_v appear_v by_o what_o i_o print_v about_o raise_v the_o value_n of_o money_n above_o three_o year_n since_o all_o that_o i_o have_v say_v here_o in_o answer_n to_o he_o be_v nothing_o but_o the_o apply_v the_o principle_n i_o then_o go_v on_o particular_o now_o to_o mr._n lowndes_n argument_n as_o they_o come_v in_o my_o way_n that_o so_o thereby_o other_o might_n judge_v what_o will_v or_o will_v not_o be_v the_o consequence_n of_o such_o a_o change_n of_o our_o coin_n as_o he_o propose_v the_o only_a way_n i_o think_v of_o render_v his_o design_n more_o agreeable_a to_o the_o public_a service_n finis_fw-la errata_fw-la page_n 2._o l._n 23._o same_o quality_n p._n 4._o l._n 23._o or_o seller_n '_o p._n 10._o l._n 15._o already_o p._n 27._o l._n 3._o wampompeak_v '_o p._n 28._o l._n 10._o the_o exact_a p._n 32._o l._n 4._o for_o that_o raise_n l._n 5._o that_o lessen_v p._n 31._o ult_n coin_n p._n 63._o l._n 4._o at_o above_o l._n 23._o for_o all_o p._n 64._o l._n 23._o will_v not_o p._n 57_o l._n 13._o or_o at_o most_o a_o penny_n in_o p._n 58._o l._n 3._o above_o a_o penny_n a_fw-fr l._n 25._o about_o a_o penny_n in_o p._n 65._o l._n 6._o large_a p._n 74._o l._n 29._o to_o raise_v it_o high_a to_o make_v p._n 77._o l._n 7._o have_v it_o it_o vid._n short_a observation_n on_o a_o paper_n entitle_v for_o encourage_v coin_v etc._n etc._n p._n 8._o