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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n bill_n country_n exchange_n 1,451 5 10.9785 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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less_o silver_n in_o it_o than_o it_o have_v before_o alter_a the_o standard_n by_o coin_v piece_n under_o the_o same_o denomination_n with_o less_o silver_n in_o they_o than_o they_o former_o have_v be_v do_v the_o same_o thing_n by_o public_a authority_n the_o only_a odds_o be_v that_o by_o clip_v the_o loss_n be_v not_o force_v on_o any_o one_o for_o no_o body_n be_v oblige_v to_o receive_v clip_v money_n by_o alter_v the_o standard_n it_o be_v alter_a the_o standard_n by_o raise_v the_o money_n will_v not_o get_v to_o the_o public_a or_o bring_v to_o the_o mint_n to_o be_v coin_v one_o ounce_n of_o silver_n but_o will_v defraud_v the_o king_n the_o church_n the_o university_n and_o hospital_n etc._n etc._n of_o so_o much_o of_o their_o settle_a revenue_n as_o the_o money_n be_v raise_v v._n g._n 20_o per_fw-la cent._n if_o the_o money_n as_o be_v propose_v be_v raise_v ⅕_n it_o will_v weaken_v if_o not_o total_o destroy_v the_o public_a faith_n when_o all_o that_o have_v trust_v the_o public_a and_o assist_v our_o present_a necessity_n upon_o act_n of_o parliament_n in_o the_o million_o lottery_n bank_n act_n and_o other_o loan_n shall_v be_v defraud_v of_o 20_o per_fw-la cent._n of_o what_o those_o act_n of_o parliament_n be_v security_n for_o and_o to_o conclude_v this_o raise_v our_o money_n will_v defraud_v all_o private_a man_n of_o 20_o per_fw-la cent._n in_o all_o their_o debt_n and_o ●etled_a revenue_n clip_v by_o english_a man_n be_v rob_v the_o honest_a man_n who_o receive_v clip_v money_n and_o transfer_v the_o silver_n i._n e._n the_o value_n be_v pare_v off_o from_o it_o into_o the_o clipper_n pocket_n clip_v by_o foreigner_n be_v rob_v england_n itself_o and_o thus_o the_o spaniard_n late_o robe_v portugal_n of_o a_o great_a part_n of_o its_o treasure_n or_o commodity_n which_o be_v the_o same_o thing_n by_o import_v upon_o they_o clip_a money_n of_o the_o portugal_n stamp_n clip_v and_o clip_a money_n have_v beside_o this_o robbery_n of_o the_o public_a other_o great_a inconvenience_n as_o the_o disorder_v of_o trade_n raise_v foreign_a exchange_n and_o a_o general_a disturbance_n which_o every_o one_o feel_v thereby_o in_o his_o private_a affair_n clip_v be_v so_o gainful_a and_o so_o secret_a a_o robbery_n that_o penalty_n can_v restrain_v it_o as_o we_o see_v by_o experience_n nothing_o i_o humble_o conceive_v can_v put_v a_o stop_n to_o clip_v now_o it_o be_v grow_v so_o universal_a and_o man_n become_v so_o skilful_a in_o it_o but_o make_v it_o unprofitable_a nothing_o can_v make_v clip_v unprofitable_a but_o make_v all_o light_a money_n go_v only_o for_o its_o weight_n this_o stop_v clip_v in_o a_o moment_n bring_v out_o all_o the_o mill_v and_o weighty_a money_n deprive_v we_o not_o of_o any_o part_n of_o our_o clip_a money_n for_o the_o use_n of_o trade_n and_o bring_v it_o orderly_o and_o by_o degree_n and_o without_o force_n into_o the_o mint_n to_o be_v recoined_a if_o clip_a money_n be_v call_v in_o all_o at_o once_o and_o stop_v from_o pass_v by_o weight_n i_o fear_v it_o will_v stop_v trade_n put_v our_o affair_n all_o at_o a_o stand_n and_o introduce_v confusion_n whereas_o if_o it_o be_v permit_v to_o pass_v by_o its_o weight_n till_o it_o can_v by_o degree_n be_v coin_v the_o stamp_n secure_v its_o fineness_n as_o well_o then_o as_o now_o and_o the_o scale_n determine_v its_o weight_n it_o will_v serve_v for_o the_o pay_v of_o great_a sum_n as_o commodious_o almost_o as_o weighty_a money_n and_o the_o weighty_a money_n be_v then_o bring_v out_o will_v serve_v for_o the_o market_n trade_n and_o less_o payment_n and_o also_o to_o weigh_v the_o clip_a money_n by_o on_o the_o other_o side_n if_o clip_a money_n be_v allow_v to_o pass_v current_n by_o tale_n till_o it_o be_v all_o recoined_a one_o of_o these_o two_o effect_n will_v apparent_o follow_v either_o that_o we_o shall_v want_v money_n for_o trade_n as_o the_o clip_a money_n decrease_v by_o be_v coin_v into_o weighty_a for_o very_o few_o if_o any_o body_n who_o get_v weighty_a money_n into_o their_o hand_n will_v part_v with_o it_o whilst_o clip_a money_n not_o of_o half_a the_o value_n be_v current_n or_o if_o they_o do_v the_o coiner_n and_o clipper_n will_v pick_v it_o up_o and_o new_a coin_n and_o clip_v it_o whereby_o clip_a money_n will_v be_v increase_v so_o that_o by_o this_o way_n either_o money_n will_v be_v want_v to_o trade_n or_o clip_a money_n continue_v if_o clip_a money_n be_v stop_v all_o at_o once_o there_o be_v immediate_o a_o stop_n of_o trade_n if_o it_o be_v permit_v to_o pass_v in_o tale_n as_o if_o it_o be_v lawful_a weighty_a money_n whilst_o it_o be_v recoin_v and_o till_o all_o be_v recoined_a that_o way_n also_o there_o will_v be_v a_o end_n of_o trade_n or_o no_o end_n of_o clip_a money_n but_o if_o it_o be_v make_v to_o pass_v for_o its_o weight_n till_o it_o be_v all_o recoined_a both_o these_o evil_n be_v avoid_v and_o the_o weighty_a money_n which_o we_o want_v will_v be_v bring_v out_o to_o boot_v money_n be_v necessary_a to_o the_o carry_v on_o of_o trade_n for_o where_o money_n fail_v man_n can_v buy_v and_o trade_n stop_v credit_n will_v supply_v the_o defect_n of_o it_o to_o some_o small_a degree_n for_o a_o little_a while_n but_o credit_n be_v nothing_o but_o the_o expectation_n of_o money_n within_o some_o limit_a time_n money_n must_v be_v have_v or_o credit_n will_v fail_v money_n also_o be_v necessary_a to_o we_o in_o a_o certain_a proportion_n to_o the_o plenty_n of_o it_o among_o our_o neighbour_n for_o if_o any_o of_o our_o neighbour_n have_v it_o in_o a_o much_o great_a abundance_n than_o we_o we_o be_v many_o way_n obnoxious_a to_o they_o 1._o they_o can_v maintain_v a_o great_a force_n 2._o they_o can_v tempt_v away_o our_o people_n by_o great_a wage_n to_o serve_v they_o by_o land_n or_o sea_n or_o in_o any_o labour_n 3._o they_o can_v command_v the_o market_n and_o thereby_o break_v our_o trade_n and_o make_v we_o poor_a 4._o they_o can_v on_o any_o occasion_n engross_v naval_a and_o warlike_a store_n and_o thereby_o endanger_v we_o in_o country_n where_o domestic_a mine_n do_v not_o supply_v it_o nothing_o can_v bring_v in_o silver_n but_o tribute_n or_o trade_n tribute_n be_v the_o effect_n of_o conquest_n trade_n of_o skill_n and_o industry_n by_o commerce_n silver_n be_v bring_v in_o only_o by_o a_o overbalance_n of_o trade_n a_o overbalance_n of_o trade_n be_v when_o the_o quantity_n of_o commodity_n which_o we_o send_v to_o any_o country_n do_v more_o than_o pay_v for_o those_o we_o bring_v from_o thence_o for_o then_o the_o overplus_n be_v bring_v home_o in_o bullion_n bullion_n be_v silver_n who_o workmanship_n have_v no_o value_n and_o thus_o foreign_a coin_n have_v no_o value_n here_o for_o its_o stamp_n and_o our_o coin_n be_v bullion_n in_o foreign_a dominion_n it_o be_v useless_a and_o labour_n in_o vain_a to_o coin_v silver_n import_v into_o any_o country_n where_o it_o be_v not_o to_o stay_v silver_n import_v can_v stay_v in_o any_o country_n in_o which_o by_o a_o overbalance_n of_o their_o whole_a trade_n it_o be_v not_o make_v they_o and_o do_v not_o become_v a_o real_a increase_n of_o their_o wealth_n if_o by_o a_o general_a balance_n of_o its_o trade_n england_n yearly_o send_v out_o commodity_n to_o the_o value_n of_o 400.000_o ounce_n of_o silver_n more_o than_o the_o commodity_n we_o bring_v home_o from_o abroad_o cost_v we_o there_o be_v 100000_o l._n every_o year_n clear_a gain_n which_o will_v come_v home_o in_o money_n be_v a_o real_a increase_n of_o our_o wealth_n and_o will_v stay_v here_o on_o the_o other_o side_n if_o upon_o a_o general_a balance_n of_o our_o whole_a trade_n we_o yearly_o import_v commodity_n from_o other_o part_n to_o the_o value_n of_o 100.000_o l._n more_o than_o our_o commodity_n export_v pay_v for_o we_o every_o year_n grow_v 100000_o l._n poor_a and_o if_o we_o shall_v import_v a_o million_o in_o bullion_n from_o spain_n every_o year_n yet_o it_o be_v not_o we_o it_o be_v no_o increase_n to_o our_o wealth_n nor_o can_v it_o stay_v here_o but_o must_v be_v export_v again_o every_o grain_n of_o it_o with_o 100.000_o l._n of_o our_o own_o money_n to_o boot_v i_o have_v hear_v it_o propose_v as_o a_o way_n to_o keep_v our_o money_n here_o that_o we_o shall_v pay_v our_o debt_n contract_v beyond_o sea_n by_o bill_n of_o exchange_n the_o idleness_n of_o such_o a_o proposition_n will_v appear_v when_o the_o nature_n of_o exchange_n be_v a_o little_a consider_v foreign_a exchange_n be_v the_o pay_v of_o money_n in_o one_o country_n to_o receive_v it_o in_o another_o the_o exchange_n be_v high_a when_o a_o man_n pay_v for_o bill_n of_o exchange_n above_o the_o
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
above_o the_o value_n of_o the_o silver_n in_o our_o coin_n be_v give_v only_o to_o preserve_v our_o coin_n from_o be_v melt_v down_o for_o no_o body_n buy_v bullion_n at_o above_o 5_o s._n 2_o d._n the_o ounce_n which_o be_v just_a the_o value_n for_o any_o other_o reason_n but_o to_o avoid_v the_o crime_n and_o hazard_n of_o melt_v down_o our_o coin_n i_o think_v it_o will_v be_v agree_v on_o all_o hand_n that_o no_o body_n will_v melt_v down_o our_o money_n but_o for_o profit_n now_o profit_n can_v be_v make_v by_o melt_v down_o our_o money_n but_o only_o in_o two_o case_n first_o when_o the_o current_a piece_n of_o the_o same_o denomination_n be_v unequal_a and_o of_o different_a weight_n some_o heavy_a some_o light_a for_o then_o the_o trader_n in_o money_n cull_v out_o the_o heavy_a and_o melt_v they_o down_o with_o profit_n this_o be_v the_o ordinary_a fault_n of_o coin_v by_o the_o hammer_n wherein_o it_o usual_o suffice_v that_o a_o bar_n of_o silver_n be_v cut_v into_o as_o many_o half-crown_n or_o shilling_n as_o answer_v its_o due_a weight_n without_o be_v very_o exact_a in_o make_v each_o particular_a piece_n of_o its_o due_a weight_n whereby_o some_o piece_n come_v to_o be_v heavy_a and_o some_o light_a than_o by_o the_o standard_n they_o shall_v and_o then_o the_o heavy_a piece_n be_v cull_v out_o and_o there_o be_v profit_n to_o be_v make_v as_o one_o easy_o perceive_v in_o melt_v they_o down_o but_o this_o cause_n of_o melt_v down_o our_o money_n be_v easy_o prevent_v by_o the_o exacter_n way_n of_o coin_v by_o the_o mill_n in_o which_o each_o single_a piece_n be_v bring_v to_o its_o just_a weight_n this_o inequality_n of_o piece_n of_o the_o same_o denomination_n be_v to_o be_v find_v in_o our_o money_n more_o than_o ever_o since_o clip_v have_v be_v in_o fashion_n and_o therefore_o it_o be_v no_o wonder_n that_o in_o this_o irregular_a state_n of_o our_o money_n one_o complaint_n be_v that_o the_o heavy_a money_n be_v melt_v down_o but_o this_o also_o the_o make_v clip_v money_n go_v at_o present_a for_o its_o weight_n which_o be_v a_o sudden_a reduce_v it_o to_o the_o standard_n and_o then_o by_o degree_n recoin_v it_o into_o milled_a money_n which_o be_v the_o ultimate_a and_o more_o complete_a reduce_n it_o to_o the_o standard_n perfect_o cure_v the_o other_o case_n wherein_o our_o money_n come_v to_o be_v melt_v down_o be_v a_o lose_a trade_n or_o which_o be_v the_o same_o thing_n in_o other_o word_n a_o overgreat_a consumption_n of_o foreign_a commodity_n whenever_o the_o overbalance_n of_o foreign_a trade_n make_v it_o difficult_a for_o our_o merchant_n to_o get_v bill_n of_o exchange_n the_o exchange_n present_o rise_v and_o the_o return_v of_o money_n raise_v they_o in_o proportion_n to_o the_o want_n of_o money_n english_a man_n have_v in_o any_o part_n beyond_o sea_n they_o who_o thus_o furnish_v they_o with_o bill_n not_o be_v able_a to_o satisfy_v their_o correspondent_o on_o who_o those_o bill_n be_v draw_v with_o the_o product_n of_o our_o commodity_n there_o must_v send_v silver_n from_o hence_o to_o reimburse_v they_o and_o repay_v the_o money_n they_o have_v draw_v out_o of_o their_o hand_n whilst_o bullion_n may_v be_v have_v for_o a_o small_a price_n more_o than_o the_o weight_n of_o our_o current_n cash_n these_o exchanger_n general_o choose_v rather_o to_o buy_v bullion_n than_o run_v the_o risk_a of_o melt_v down_o our_o coin_n which_o be_v criminal_a by_o the_o law_n and_o thus_o the_o matter_n for_o the_o most_o part_n go_v whilst_o mill_v and_o clip_v money_n pass_v promiscuous_o in_o payment_n for_o so_o long_a a_o clip_a half-crown_n be_v as_o good_a here_o as_o a_o mill_v one_o since_o one_o pass_v and_o can_v be_v have_v as_o free_o as_o the_o other_o but_o as_o soon_o as_o there_o begin_v to_o be_v a_o distinction_n between_o clip_a and_o unclipt_a money_n and_o weighty_a money_n can_v no_o long_o be_v have_v for_o the_o light_n bullion_n as_o be_v natural_a rose_n and_o it_o will_v fall_v again_o to_o morrow_n to_o the_o price_n it_o be_v at_o before_o if_o there_o be_v none_o but_o weighty_a money_n to_o pay_v for_o it_o in_o short_a whenever_o the_o whole_a of_o our_o foreign_a trade_n and_o consumption_n exceed_v our_o exportation_n of_o commodity_n our_o money_n must_v go_v to_o pay_v our_o debt_n so_o contract_v whether_o melt_v or_o not_o melt_v down_o if_o the_o law_n make_v the_o exportation_n of_o our_o coin_n penal_a it_o will_v be_v melt_v down_o if_o it_o leave_v the_o exportation_n of_o our_o coin_n free_a as_o in_o holland_n it_o will_v be_v carry_v out_o in_o specie_fw-la one_o way_n or_o other_o go_v it_o must_v as_o we_o see_v in_o spain_n but_o whether_o melt_v down_o or_o unmelted_a down_o it_o matter_n little_a our_o coin_n and_o treasure_n will_v be_v both_o way_n equal_o diminish_v and_o can_v be_v restore_v only_o by_o a_o overbalance_n of_o our_o whole_a exportation_n to_o our_o whole_a importation_n of_o consumable_a commodity_n law_n make_v against_o exportation_n of_o money_n or_o bullion_n will_v be_v all_o in_o vain_a restraint_n or_o liberty_n in_o that_o matter_n make_v no_o country_n rich_a or_o poor_a as_o we_o see_v in_o holland_n which_o have_v plenty_n of_o money_n under_o the_o free_a liberty_n of_o its_o exportation_n and_o spain_n in_o great_a want_n of_o money_n under_o the_o severe_a penalty_n against_o carry_v of_o it_o out_o but_o the_o coin_n or_o not_o coin_v our_o money_n on_o the_o same_o foot_n it_o be_v before_o or_o in_o big_a or_o less_o piece_n and_o under_o whatsoever_o denomination_n you_o please_v contribute_v nothing_o to_o or_o against_o its_o melt_v down_o or_o exportation_n so_o our_o money_n be_v all_o keep_v each_o species_n in_o its_o full_a weight_n of_o silver_n according_a to_o the_o standard_n for_o if_o some_o be_v heavy_a and_o some_o light_a allow_v to_o be_v current_n so_o under_o the_o same_o denomination_n the_o heavy_a will_v be_v melt_v down_o where_o the_o temptation_n of_o profit_n be_v considerable_a which_o in_o well_o regulate_v coin_n keep_v to_o the_o standard_n can_v be_v but_o this_o melt_a down_o carry_v not_o away_o one_o grain_n of_o our_o treasure_n out_o of_o england_n the_o come_n and_o go_v of_o that_o depend_v whole_o upon_o the_o balance_n of_o our_o trade_n and_o therefore_o it_o be_v a_o wrong_a conclusion_n which_o we_o find_v p._n 71._o that_o continue_v either_o old_a or_o new_a coin_n on_o the_o present_a foot_n will_v be_v nothing_o else_o but_o furnish_v a_o species_n to_o melt_v down_o at_o a_o extravagant_a profit_n and_o will_v encourage_v a_o violent_a exportation_n of_o our_o silver_n for_o sake_n of_o the_o gain_n only_o till_o we_o shall_v have_v little_a or_o none_o leave_v for_o example_n let_v we_o suppose_v all_o our_o light_a money_n new_o coin_v upon_o the_o foot_n that_o this_o gentleman_n will_v have_v it_o and_o all_o our_o old_a milled_a crown_n go_v for_o 75_o penny_n as_o he_o propose_v and_o the_o rest_n of_o the_o old_a mill_v money_n proportionable_o i_o desire_v it_o to_o be_v show_v how_o this_o will_v hinder_v the_o exportation_n of_o one_o ounce_n of_o silver_n whilst_o our_o affair_n be_v in_o the_o present_a posture_n again_o on_o the_o other_o side_n suppose_v all_o our_o money_n be_v now_o mill_v coin_n upon_o the_o present_a foot_n and_o our_o balance_n of_o trade_n change_v our_o exportation_n of_o commodity_n be_v a_o million_o more_o than_o our_o importation_n and_o like_a to_o continue_v so_o yearly_a whereof_o one_o be_v to_o holland_n and_o the_o other_o to_o flanders_n there_o be_v a_o equal_a balance_n between_o england_n and_o all_o other_o part_n of_o the_o world_n we_o trade_n to_o i_o ask_v what_o possible_a gain_n can_v any_o english_a man_n make_v by_o melt_v down_o and_o carry_v out_o our_o money_n to_o holland_n and_o flanders_n when_o a_o million_o be_v to_o come_v thence_o hither_o and_o english_a man_n have_v more_o there_o already_o than_o they_o know_v how_o to_o use_v there_o and_o can_v not_o get_v home_o without_o pay_v dear_a there_o for_o bill_n of_o exchange_n if_o that_o be_v the_o case_n of_o our_o trade_n the_o exchange_n will_v present_o fall_v here_o and_o rise_v there_o beyond_o the_o par_fw-fr of_o their_o money_n to_o we_o i._n e._n a_o english_a merchant_n must_v give_v in_o holland_n more_o silver_n for_o the_o bill_n he_o buy_v there_o than_o he_o shall_v receive_v upon_o those_o bill_n here_o if_o the_o two_o sum_n be_v weigh_v one_o against_o the_o other_o or_o run_v the_o risk_a of_o bring_v it_o home_o in_o specie_fw-la and_o what_o then_o can_v any_o english_a man_n get_v by_o export_v of_o our_o money_n or_o silver_n thither_o these_o be_v the_o only_a
two_o case_n wherein_o our_o coin_n can_v be_v melt_v down_o with_o profit_n and_o i_o challenge_v any_o one_o live_v to_o show_v i_o any_o other_o the_o one_o of_o they_o be_v remove_v only_o by_o a_o regular_a just_a coin_n keep_v equal_a to_o the_o standard_n be_v that_o what_o it_o will_v it_o matter_n not_o as_o to_o the_o point_n of_o melt_v down_o of_o the_o money_n the_o other_o be_v to_o be_v remove_v only_o by_o the_o balance_n of_o our_o trade_n keep_v from_o run_v we_o behindhand_o and_o contract_a debt_n in_o foreign_a country_n by_o a_o over-consumption_n of_o their_o commodity_n to_o those_o who_o say_v that_o the_o exportation_n of_o our_o money_n whether_o melt_v down_o or_o not_o melt_v down_o depend_v whole_o upon_o our_o consumption_n of_o foreign_a commodity_n and_o not_o at_o all_o upon_o the_o size_n of_o the_o several_a species_n of_o our_o money_n which_o will_v be_v equal_o export_v or_o not_o export_v whether_o coin_v upon_o the_o old_a or_o the_o propose_v new_a foot_n mr._n lowndes_n reply_v p._n 72._o first_o that_o the_o necessity_n of_o foreign_a expense_n and_o exportation_n to_o answer_v the_o balance_n of_o trade_n may_v be_v diminish_v but_o can_v in_o any_o sense_n be_v augment_v by_o raise_v the_o value_n of_o our_o money_n i_o beg_v his_o pardon_n if_o i_o can_v assent_v to_o this_o because_o the_o necessity_n of_o our_o exportation_n of_o money_n depend_v whole_o upon_o the_o debt_n which_o we_o contract_v in_o foreign_a part_n beyond_o what_o our_o commodity_n export_v can_v pay_v the_o coin_v our_o money_n in_o big_a or_o less_o piece_n under_o the_o same_o or_o different_a denomination_n or_o on_o the_o present_a or_o propose_a foot_n in_o itself_o neither_o increase_a those_o debt_n nor_o the_o expense_n that_o make_v they_o can_v neither_o augment_v nor_o diminish_v the_o exportation_n of_o our_o money_n 2._o he_o reply_v p._n 72._o that_o melter_n of_o the_o coin_n will_v have_v less_o profit_n by_o fourteen_o penny_n halfpenny_n in_o the_o crown_n when_o the_o money_n be_v coin_v upon_o the_o new_a foot_n to_o this_o i_o take_v liberty_n to_o say_v that_o there_o will_v not_o be_v a_o farthing_n more_o profit_n in_o melt_v down_o the_o money_n if_o it_o be_v all_o new_a mill_v money_n upon_o the_o present_a foot_n than_o if_o it_o be_v all_o new_a coin_v as_o be_v propose_v â…•_n light_a for_o whence_o shall_v the_o profit_n arise_v more_o in_o the_o one_o than_o the_o other_o but_o mr._n lowndes_n go_v upon_o this_o supposition_n that_o standard_n bullion_n be_v now_o worth_a six_o shilling_n and_o five_o penny_n a_o ounce_n of_o milled_a money_n and_o will_v continue_v to_o sell_v for_o six_o shilling_n five_o penny_n the_o ounce_n if_o our_o money_n be_v all_o weighty_a mill_v money_n both_o which_o i_o take_v to_o be_v mistake_n and_o think_v i_o have_v prove_v they_o to_o be_v so_o 3._o he_o say_v it_o be_v hope_v that_o the_o exchange_n to_o holland_n may_v be_v keep_v at_o a_o stand_n or_o at_o least_o from_o fall_v much_o low_a i_o hope_v so_o too_o but_o how_o that_o concern_v this_o argument_n or_o the_o coin_n of_o the_o money_n upon_o a_o new_a foot_n i_o do_v not_o see_v 4._o he_o say_v p._n 73._o there_o be_v a_o great_a difference_n with_o regard_n to_o the_o service_n and_o disservice_n of_o the_o public_a between_o carry_v out_o bullion_n or_o coin_n for_o necessary_a use_n or_o for_o prohibit_v commodity_n the_o gain_n to_o the_o exporter_n which_o be_v that_o which_o make_v they_o melt_v it_o down_o and_o export_v it_o be_v the_o same_o in_o both_o case_n and_o the_o necessity_n of_o export_v it_o be_v the_o same_o for_o it_o be_v to_o pay_v debt_n which_o there_o be_v a_o equal_a necessity_n of_o pay_v when_o once_o contract_v though_o for_o useful_a thing_n they_o be_v the_o goldsmith_n and_o dealer_n in_o silver_n that_o usual_o export_v what_o silver_n be_v send_v beyond_o sea_n to_o pay_v the_o debt_n they_o have_v contract_v by_o their_o bill_n of_o exchange_n but_o those_o dealer_n in_o exchange_n seldom_o know_v or_o consider_v how_o they_o to_o who_o they_o give_v their_o bill_n have_v or_o will_v employ_v the_o money_n they_o receive_v upon_o those_o bill_n prohibit_v commodity_n it_o be_v true_a shall_v be_v keep_v out_o and_o useless_a one_o impoverish_v we_o by_o be_v bring_v in_o but_o that_o be_v the_o fault_n of_o our_o importation_n and_o there_o the_o mischief_n shall_v be_v cure_v by_o law_n and_o our_o way_n of_o live_v for_o the_o exportation_n of_o our_o treasure_n be_v not_o the_o cause_n of_o their_o importation_n but_o the_o consequence_n vanity_n and_o luxury_n spend_v they_o that_o give_v they_o vent_v here_o that_o vent_v cause_n their_o importation_n and_o when_o our_o merchant_n have_v bring_v they_o if_o our_o commodity_n will_v not_o be_v enough_o our_o money_n must_v go_v to_o pay_v for_o they_o but_o what_o this_o paragraph_n have_v in_o it_o against_o continue_v our_o coin_n upon_o the_o present_a foot_n or_o for_o make_v our_o coin_n light_a i_o confess_v here_o again_o i_o do_v not_o see_v it_o be_v true_a what_o mr._n lowndes_n observe_v here_o the_o importation_n of_o gold_n of_o the_o go_n of_o guineas_n at_o 30_o s._n have_v be_v a_o great_a prejudice_n and_o loss_n to_o the_o kingdom_n but_o that_o have_v be_v whole_o owe_v to_o our_o clip_a money_n and_o not_o at_o all_o to_o our_o money_n be_v coin_v at_o five_o shilling_n two_o penny_n the_o ounce_n nor_o be_v the_o coin_v our_o money_n light_a the_o cure_n of_o it_o the_o only_a remedy_n for_o that_o mischief_n as_o well_o as_o a_o great_a many_o other_o be_v the_o put_v a_o end_n to_o the_o pass_v of_o clip_a money_n by_o tale_n as_o if_o it_o be_v lawful_a coin_n 5._o his_o five_o head_n p._n 74._o be_v to_o answer_v those_o who_o hold_v that_o by_o the_o lessen_v our_o money_n one_o five_o all_o people_n who_o be_v to_o receive_v money_n upon_o contract_n already_o make_v will_v be_v defraud_v of_o 20_o per._n cent._n of_o their_o due_n and_o thus_o all_o man_n will_v lose_v one_o five_o of_o their_o settle_a revenue_n and_o all_o man_n that_o have_v lend_v money_n â…•_n of_o their_o principal_a and_o use._n to_o remove_v this_o objection_n mr._n lowndes_n say_v that_o silver_n in_o england_n be_v grow_v scarce_o and_o consequent_o dear_a and_o so_o be_v of_o high_a price_n let_v we_o grant_v for_o the_o present_a it_o be_v of_o high_a price_n which_o how_o he_o make_v out_o i_o shall_v examine_v by_o and_o by_o this_o if_o it_o be_v so_o ought_v not_o to_o annul_v any_o man_n bargain_n nor_o make_v he_o receive_v less_o in_o quantity_n than_o he_o lend_v he_o be_v to_o receive_v again_o the_o same_o sum_n and_o the_o public_a authority_n be_v guarantee_n that_o the_o same_o sum_n shall_v have_v the_o same_o quantity_n of_o silver_n under_o the_o same_o denomination_n and_o the_o reason_n be_v plain_a why_o in_o justice_n he_o ought_v to_o have_v the_o same_o quantity_n of_o silver_n again_o notwithstanding_o any_o pretend_a rise_n of_o its_o value_n for_o if_o silver_n have_v grow_v more_o plentiful_a and_o by_o consequence_n by_o our_o author_n rule_v cheap_a his_o debtor_n will_v not_o have_v be_v compel_v by_o the_o public_a authority_n to_o have_v pay_v he_o in_o consideration_n of_o its_o cheapness_n a_o great_a quantity_n of_o silver_n than_o they_o contract_v for_o cacao_n nut_n be_v the_o money_n of_o a_o part_n of_o america_n when_o we_o first_o come_v thither_o suppose_v than_o you_o have_v lend_v i_o last_o year_n 300_o or_o fifteen-score_n cacao_n nut_n to_o be_v repay_v this_o year_n will_v you_o be_v satisfy_v and_o think_v yourself_o pay_v your_o due_n if_o i_o shall_v tell_v you_o cacao_n nut_n be_v scarce_o this_o year_n and_o that_o fourscore_o be_v of_o as_o much_o value_n this_o year_n as_o a_o hundred_o the_o last_o and_o that_o therefore_o you_o be_v well_o and_o full_o pay_v if_o i_o restore_v to_o you_o only_o 1200_o for_o the_o 1500_o i_o borrow_v will_v you_o not_o think_v yourself_o defraud_v of_o â…•_n of_o your_o right_n by_o such_o a_o payment_n nor_o will_v it_o make_v any_o amends_o for_o this_o to_o justice_n or_o reparation_n to_o you_o that_o the_o public_a have_v after_o your_o contract_n which_o be_v make_v for_o fifteen_o score_n alter_v the_o denomination_n of_o score_n and_o apply_v it_o to_o sixteen_o instead_o of_o twenty_o examine_v it_o and_o you_o will_v find_v this_o just_a the_o case_n and_o the_o loss_n proportionable_a in_o they_o both_o that_o be_v a_o real_a loss_n of_o 20_o per._n cent._n and_o therefore_o a_o man_n have_v right_o do_v he_o if_o he_o receive_v â…•_n less_o silver_n than_o his_o contract_n as_o to_o mr._n lowndes_n
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of_o uncoined_a because_o as_o i_o hau●_n show_v the_o value_n and_o quantity_n of_o silve●_n be_v the_o same_o and_o where_o the_o quantity_n be_v equal_a the_o value_n be_v equal_a except_v only_o the_o odds_o that_o may_v be_v between_o bullion_n that_o may_v be_v free_o export_v and_o coin_v silver_n that_o may_v not_o the_o odds_o whereo●_n scarce_o ever_o amount_v to_o above_o 2_o d._n per_fw-la ounce_n and_o rare_o to_o above_o a_o penny_n or_o a_o halfpenny_n and_o this_o odds_o whatever_o it_o be_v will_v equal_o belong_v to_o his_o raise_v mill_v money_n which_o can_v be_v export_v as_o it_o will_v to_o our_o present_a milled_a money_n which_o can_v not_o be_v export_v as_o i_o shall_v have_v occasion_n to_o show_v more_o particular_o here_o after_o all_o this_o disorder_n and_o a_o thousand_o other_o come_v from_o light_n and_o unlawful_a money_n be_v current_n for_o than_o it_o be_v no_o wonder_n that_o bullion_n shall_v be_v keep_v up_o to_o the_o value_n of_o your_o 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shall_v all_o along_o in_o this_o argument_n speak_v of_o clip_a money_n as_o if_o it_o be_v the_o lawful_a money_n of_o england_n and_o shall_v propose_v by_o that_o which_o be_v in_o effect_n by_o the_o clipper_n shears_n to_o regulate_v a_o new_a sort_n of_o coin_n to_o be_v introduce_v into_o england_n and_o if_o he_o will_v stand_v to_o that_o measure_n and_o lessen_v the_o new_a coin_v to_o the_o rate_n of_o bullion_n sell_v in_o exchange_n for_o present_v current_a clip_a money_n to_o prevent_v its_o be_v melt_v down_o he_o must_v make_v it_o yet_o much_o light_a than_o he_o propose_v and_o the_o raise_n it_o or_o to_o give_v it_o its_o due_a name_n the_o lessen_v of_o it_o ⅕_n will_v not_o serve_v the_o turn_n for_o i_o will_v be_v bold_a to_o say_v that_o bullion_n now_o in_o england_n be_v no_o where_o to_o be_v buy_v by_o the_o ounce_n for_o 6_o s._n 5_o d._n of_o our_o present_a current_n clip_v money_n so_o that_o if_o his_o rule_n be_v true_a and_o nothing_o can_v save_v the_o weighty_a coin_n from_o melt_v down_o but_o reduce_v it_o to_o the_o weight_n that_o clip_a money_n be_v bring_v to_o he_o must_v lessen_v the_o money_n in_o his_o new_a coin_n much_o more_o than_o ⅕_n for_o a_o ounce_n of_o standard_n bullion_n will_v always_o be_v worth_a a_o ounce_n of_o clip_a money_n whether_o that_o in_o tale_n amount_v to_o 6_o s._n 5_o d._n 6_o s._n 6_o d._n ten_o shilling_n or_o any_o other_o number_n of_o shilling_n or_o penny_n of_o the_o nickname_v clip_a money_n for_o a_o piece_n of_o silver_n that_o be_v coin_v for_o a_o shilling_n but_o have_v half_o the_o silver_n clip_v off_o in_o the_o law_n and_o in_o propriety_n of_o speech_n be_v no_o more_o a_o shilling_n than_o a_o piece_n of_o wood_n which_o be_v once_o a_o seal_a yard_n be_v still_o a_o yard_n when_o one_o half_a of_o it_o be_v break_v off_o let_v we_o consider_v this_o maxim_n a_o little_a further_o which_o out_o of_o the_o language_n of_o the_o mint_n in_o plain_a english_a i_o think_v amount_v to_o thus_o much_o viz._n that_o when_o a_o ounce_n of_o standard_n bullion_n cost_v a_o great_a number_n of_o penny_n in_o tale_n than_o a_o ounce_n of_o that_o bullion_n can_v be_v coin_v into_o by_o the_o standard_n of_o the_o mint_n the_o coin_n will_v be_v melt_v down_o i_o grant_v it_o if_o bullion_n shall_v rise_v to_o 15_o penny_n the_o ounce_n above_o 5_o s._n 2_o d._n as_o be_v now_o pretend_a which_o be_v to_o say_v that_o a_o ounce_n of_o bullion_n can_v be_v buy_v for_o less_o than_o a_o ounce_n and_o a_o quarter_n of_o the_o like_a silver_n coin_v but_o that_o as_o i_o have_v show_v be_v impossible_a to_o be_v and_o every_o one_o will_v be_v convince_v of_o the_o contrary_a if_o we_o have_v none_o now_o but_o lawful_a money_n current_n but_o it_o be_v no_o wonder_n if_o the_o price_n and_o value_n of_o thing_n be_v confound_v and_o uncertain_a when_o the_o measure_n itself_o be_v lose_v for_o we_o have_v now_o no_o lawful_a silver_n money_n current_n among_o we_o and_o therefore_o can_v talk_v nor_o judge_v right_a by_o our_o present_a uncertain_a clip_a money_n of_o the_o value_n and_o price_n of_o thing_n in_o reference_n to_o our_o lawful_a regular_a coin_n adjust_v and_o keep_v to_o the_o unvary_a standard_n of_o the_o mint_n the_o price_n of_o silver_n in_o bullion_n above_o the_o value_n of_o silver_n in_o coin_n when_o clip_v have_v not_o deface_v our_o current_n cash_n for_o then_o the_o odds_o be_v very_o rare_o above_o a_o penny_n or_o two_o penny_n the_o ounce_n be_v so_o far_o from_o be_v a_o cause_n of_o melt_v down_o our_o coin_n that_o this_o price_n give_v
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 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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 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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 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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