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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n commodity_n exchange_n traffic_n 1,384 5 12.4819 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A43702 Decus & tutamen, or, Our new money as now coined in full weight and fineness proved to be for the honour, safety and advantage of England, written by way of answer to Sir Richard Temple and Dr. Barbon ; to which is added an essay to preserve our new money from being hoarded, melted down, transported or counterfeited. E. H. 1696 (1696) Wing H19; ESTC R23358 26,710 74

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to_o one_o but_o this_o guest_n and_o his_o friend_n for_o few_o drink_n alone_o if_o he_o call_v for_o a_o role_n or_o two_o but_o he_o have_v some_o cheese_n or_o butter_n and_o two_o tankard_n of_o ale_n which_o make_v 6_o d._n in_o all_o which_o trade_n there_o be_v no_o copper_n money_n use_v and_o i_o think_v all_o these_o case_n may_v and_o do_v happen_v every_o day_n and_o as_o for_o book_n there_o be_v scarce_o a_o bound_n one_o in_o any_o volume_n buy_v under_o 6_o d._n and_o where_o one_o pound_n worth_n be_v buy_v with_o copper_n money_n 1000_o l_n worth_a be_v buy_v with_o gold_n and_o silver_n all_o which_o be_v sufficient_a to_o show_v that_o it_o be_v with_o silver_n money_n and_o not_o copper_n as_o the_o doctor_n say_v that_o our_o inland_a trade_n be_v manage_v and_o consequent_o that_o silver_n be_v the_o measure_n thereof_o and_o after_o the_o same_o manner_n be_v the_o traffic_n of_o other_o nation_n their_o money_n be_v for_o the_o most_o part_n make_v of_o silver_n contrary_a to_o what_o the_o doctor_n say_v page_z 14._o viz._n that_o the_o merchant_n both_o in_o their_o bill_n of_o exchange_n and_o in_o their_o account_n do_v as_o often_o reckon_v by_o the_o copper_n money_n as_o the_o silver_n money_n this_o i_o utter_o deny_v and_o will_v prove_v it_o a_o mistake_n in_o the_o doctor_n by_o show_v what_o money_n other_o nation_n keep_v their_o account_n in_o and_o in_o what_o money_n they_o exchange_v with_o london_n that_o all_o trade_n nation_n that_o have_v commerce_n with_o england_n do_v keep_v their_o account_n in_o and_o buy_v and_o sell_v with_o and_o for_o silver_n money_n for_o the_o most_o part_n will_v appear_v as_o follow_v 1._o in_o the_o netherlands_o viz._n at_o amsterdam_n rottordam_n and_o antwerp_n account_n be_v keep_v in_o pound_n shill_n and_o penny_n flemish_a or_o in_o guilder_n and_o stiver_n there_o be_v likewise_o current_a the_o holland_n dollar_n duccatoon_n and_o other_o piece_n all_o of_o silver_n some_o 9_o some_z 10_o and_o some_o 11_o ounce_n fine_a 2._o in_o france_n account_n be_v keep_v in_o livre_n or_o frank_n souse_n and_o denier_n and_o there_o be_v curant_fw-la the_o crown_n of_o 3_o livre_n and_o other_o piece_n all_o make_v of_o silver_n some_o 10_o ounce_n some_o 10_o ounce_n 18_o pw_n fine_a 3._o in_o spain_n account_n be_v keep_v in_o some_o place_n viz._n valentia_n saragota_n and_o barselona_n in_o pound_n shill_n and_o penny_n and_o there_o be_v currant_n the_o ducat_n of_o 10½_n 11_o and_o 12_o rial_n which_o be_v silver_n coin_n of_o 11_o ounce_n 3½_n pw_o fine_a and_o at_o cadix_fw-la be_v currant_n the_o piece_n of_o 8_o sevill_n and_o mexico_n the_o first_o 11_o ℥_o 4_o pw_n the_o latter_a 11_o ounce_n fine_a as_o also_o the_o pattacoon_n etc._n etc._n 4._o in_o portugal_n their_o chief_a money_n use_v in_o traffic_n be_v milree_n crusado_n and_o testoon_n and_o they_o in_o some_o part_n keep_v their_o account_n in_o these_o and_o some_o in_o rees_n which_o be_v copper_n but_o the_o exchange_n be_v make_v with_o london_n upon_o the_o mill-ree_n which_o be_v par_fw-fr with_o 6_o s._n 4_o d._n sterling_n all_o these_o denomination_n of_o money_n except_o the_o rees_n be_v silver_n some_o 10_o ounce_n 7_o pw_n and_o some_o of_o 11_o ounce_n fine_a 5._o in_o germany_n the_o coin_n of_o silver_n be_v too_o tedious_a to_o mention_v here_o the_o most_o usual_a of_o which_o in_o trassique_a be_v the_o rix_n dollar_n above_o 11_o ounce_n fine_a creutzer_n of_o 10_o ounce_n 10_o pw_n fine_a of_o silver_n and_o at_o hamburgh_n account_n be_v keep_v in_o pound_n shill_n and_o penny_n in_o which_o they_o likewise_o exchange_v with_o london_n 32_o shill_n be_v par_n there_o with_o one_o one_o pound_n sterling_n 6._o in_o italy_n as_o at_o leghorn_n and_o genoa_n account_n be_v keep_v in_o pound_n shill_n and_o penny_n de_fw-fr ovo_fw-la the_o testoon_n of_o mantua_n and_o milan_n of_o 11_o ounce_n 5_o pw_n fine_a also_o ducat_n tarry_v and_o many_o other_o silver_n coin_n too_o tedious_a to_o relate_v here_o but_o we_o exchange_v with_o venice_n and_o place_n thereabouts_o upon_o the_o ducat_n de_fw-fr banco_n which_o be_v par_fw-fr with_o 52_o penny_n sterling_a and_o with_o legorn_n upon_o the_o crown_n de_fw-fr ovo_fw-la which_o be_v par_fw-fr with_o 67½_n d._n sterling_n 7._o the_o money_n of_o ireland_n in_o which_o account_n be_v keep_v be_v pound_n harp_n and_o obb_n the_o harp_n be_v 9_o ℥_o 6_o pw_n fine_a the_o obb_n be_v half_a the_o harp_n and_o 20_o harp_n be_v their_o pound_n and_o exchange_n at_o london_n with_o dublin_n by_o the_o 100_o pound_n irish_a which_o be_v par_fw-fr with_o 75_o english_a 8._o the_o money_n of_o scotland_n be_v pound_n mark_n noble_n and_o small_a piece_n the_o former_a of_o 11_o ℥_o 2_o pw_n or_o sterling_n fine_a and_o in_o short_a all_o other_o trade_n country_n except_o sweedland_n have_v their_o commerce_n carry_v on_o chief_o by_o silver_n coin_n as_o the_o rupee_n and_o ½_o rupee_n of_o east_n india_n all_o sine_fw-la the_o piece_n of_o eight_o mexico_n and_o peru_n in_o the_o west_n indies_n fine_a as_o abovesaid_a the_o 8_o s._n danzick_n guilder_n etc._n etc._n in_o poland_n 10_o ℥_o 12_o pw_n fine_a the_o deghen_fw-mi etc._n etc._n of_o russia_n 11_o ℥_o 13_o pw_n fine_a the_o danish_a dollar_n 10_o ℥_o 12_o pw_n fine_a and_o in_o sweeden_n beside_o their_o copper_n dollar_n they_o have_v the_o sweed_n dollar_n of_o the_o same_o fineness_n with_o the_o rix_n dollar_n of_o germany_n and_o half_a its_o value_n though_o i_o confess_v a_o great_a part_n of_o their_o trade_n be_v carry_v on_o with_o the_o copper_n money_n but_o the_o like_a be_v not_o do_v as_o appear_v by_o the_o forego_n account_n in_o any_o other_o nation_n and_o no_o doubt_n but_o the_o sweed_n will_v glad_v enough_o be_v rid_v of_o it_o for_o silver_n be_v it_o not_o the_o product_n and_o manufacture_n of_o their_o own_o and_o that_o they_o be_v very_o poor_a for_o as_o the_o learned_a and_o ingenuous_a malynes_n say_v on_o the_o same_o subject_a necessitas_fw-la non_fw-la habet_fw-la legem_fw-la and_o thus_o i_o think_v i_o have_v sufficient_o prove_v from_o matter_n of_o fact_n that_o more_o bargain_n be_v make_v with_o silver_n than_o copper_n money_n since_o there_o be_v abundant_o more_o of_o the_o former_a than_o of_o the_o latter_a and_o consequent_o that_o silver_n be_v the_o measure_n of_o commerce_n and_o i_o have_v likewise_o prove_v that_o merchant_n do_v not_o either_o in_o their_o account_n or_o bill_n of_o exchange_n reckon_v any_o thing_n near_o so_o much_o in_o copper_n money_n as_o in_o silver_n for_o whereas_o the_o doctor_n say_v pag._n 13._o as_o in_o portugal_n the_o merchant_n often_o draw_v his_o bill_n of_o exchange_n to_o be_v pay_v in_o rial_n of_o 400_o rees_n and_o say_v he_o and_o so_o in_o spain_n he_o draw_v his_o bill_n to_o be_v pay_v in_o rial_n of_o 372_o malvady_n he_o be_v in_o this_o very_a much_o out_o as_o well_o as_o in_o his_o copper_n money_n bargain_n for_o our_o exchange_n to_o lisbon_n be_v in_o milree_n of_o 6_o s._n 4_o d._n sterling_n per_fw-la millree_n &_o to_o 7_o s._n etc._n etc._n in_o circa_n &_o to_o cadiz_n the_o par_n be_v 54._o d._n sterling_a for_o one_o piece_n of_o eight_o and_o the_o course_n now_o 60_o d._n and_o upward_o to_o which_o two_o place_n be_v the_o principal_a exchange_n of_o that_o country_n with_o london_n make_v and_o what_o they_o do_v among_o themselves_o be_v nothing_o to_o we_o and_o therefore_o it_o do_v not_o appear_v that_o the_o doctor_n have_v any_o more_o experience_n in_o these_o matter_n than_o mr._n lock_v nor_o indeed_o so_o much_o notwithstanding_o his_o great_a profession_n in_o condemn_v mr._n lock_n definition_n of_o the_o par_fw-fr of_o exchange_n page_n 19_o which_o with_o the_o doctor_n notion_n ●_z incert_v as_o follow_v and_o leave_v it_o to_o those_o that_o have_v long_o know_v the_o practic_n part_n whether_o of_o the_o two_o be_v the_o most_o true_a and_o genuine_a mr._n lock_n be_v definition_n of_o the_o par._n the_o par_fw-fr of_o exchange_n pag._n 18._o of_o his_o consideration_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 the_o doctor_n be_v definition_n the_o par_fw-fr of_o money_n be_v make_v by_o compute_v the_o valuation_n that_o the_o several_a government_n set_v on_o their_o coin_n which_o be_v not_o from_o the_o equal_a quantity_n of_o silver_n in_o each_o piece_n of_o money_n now_o i_o take_v the_o doctor_n notion_n of_o the_o par_fw-fr of_o exchange_n to_o be_v very_o false_a and_o what_o
bullion_n to_o the_o king_n to_o gain_v 3_o d._n or_o 4_o d._n per_fw-la ounce_n that_o be_v former_o buy_v of_o he_o that_o all_o bullion_n thus_o buy_v of_o the_o king_n shall_v after_o it_o be_v manufacture_v be_v carry_v to_o goldsmiths-hall_n and_o vouch_v by_o the_o mark_n as_o it_o be_v now_o to_o be_v sterling_a silver_n to_o prevent_v put_v a_o great_a quantity_n of_o alloy_n therein_o by_o the_o owner_n that_o the_o gain_n of_o worker_n or_o seller_n of_o silver_n utensil_n shall_v be_v charge_v to_o the_o buyer_n in_o the_o fashion_n and_o if_o any_o goldsmith_n shall_v take_v or_o require_v above_o 5_o s._n per_fw-la ounce_n for_o plate_n of_o 11_o ℥_o 2_o pw_n fine_a and_o 18_o pw_n of_o alloy_n he_o shall_v forfeit_v the_o same_o ●_o to_o the_o king_n and_o ½_o to_o the_o informer_n or_o such_o other_o penalty_n as_o the_o wisdom_n of_o parliament_n shall_v think_v fit_a that_o no_o bullion_n be_v export_v before_o the_o exporter_n make_v oath_n that_o not_o any_o of_o the_o current_a money_n of_o england_n be_v contain_v in_o it_o as_o be_v by_o law_n provide_v to_o that_o purpose_n and_o if_o any_o one_o shall_v discover_v any_o person_n offend_v in_o any_o of_o these_o case_n their_o estate_n shall_v be_v confiscate_v ½_o to_o the_o king_n and_o ½_o to_o the_o informer_n these_o and_o such_o like_a rule_n and_o method_n though_o here_o lay_v down_o rough_a and_o imperfect_a may_v i_o doubt_v not_o if_o polish_a and_o improve_v by_o a_o prudent_a government_n whole_o cure_v we_o of_o that_o mischievous_a practice_n of_o melt_v down_o our_o coin_n and_o though_o many_o objection_n may_v by_o prejudice_v or_o self-interested_n people_n be_v bring_v against_o they_o yet_o if_o they_o prove_v only_a motive_n to_o induce_v this_o sort_n of_o man_n or_o any_o other_o to_o rectify_v what_o i_o have_v say_v amiss_o or_o complete_a what_o i_o have_v assay_v i_o have_v my_o desire_n but_o i_o be_o full_o persuade_v that_o if_o ever_o our_o coin_n be_v reduce_v to_o a_o state_n in_o which_o it_o may_v continue_v to_o be_v for_o the_o interest_n of_o the_o english_a nation_n it_o must_v be_v effect_v first_o by_o have_v it_o coin_v according_a to_o the_o present_a standard_n and_o second_o by_o take_v such_o measure_n as_o will_v certain_o secure_v it_o to_o we_o in_o that_o state_n by_o make_v it_o man_n interest_n neither_o to_o hoard_v export_n or_o melt_v down_o 3._o to_o prevent_v export_v or_o carry_v our_o coin_n out_o of_o england_n the_o occasion_n of_o carry_v away_o our_o coin_n be_v take_v to_o be_v 1._o to_o pay_v the_o balance_n of_o our_o trade_n 2._o to_o supply_v our_o army_n in_o flanders_n 3._o to_o buy_v foreign_a commodity_n where_o we_o have_v no_o exchange_n 4._o to_o maintain_v gentleman_n in_o their_o travel_n abroad_o till_o they_o can_v receive_v money_n in_o exchange_n the_o first_o and_o three_o of_o these_o be_v reckon_v the_o most_o material_a the_o other_o two_o more_o inconsiderable_a the_o second_o be_v only_o while_o the_o war_n last_v and_o may_v whole_o or_o for_o the_o most_o part_n be_v avoid_v by_o our_o agree_v with_o the_o dutch_a to_o take_v so_o much_o of_o our_o english_a commodity_n as_o shall_v be_v equivalent_a to_o the_o expense_n of_o our_o army_n in_o flanders_n and_o the_o english_a merchant_n to_o be_v pay_v out_o of_o the_o exchequer_n for_o such_o commodity_n and_o the_o four_o which_o be_v very_o inconsiderable_a may_v be_v salve_v by_o the_o same_o method_n the_o first_o and_o three_o be_v as_o to_o the_o first_o the_o pay_v the_o balance_n of_o our_o trade_n the_o reader_n be_v to_o know_v that_o if_o england_n export_v not_o as_o many_o good_n as_o it_o import_v from_o all_o place_n in_o the_o world_n reckon_v the_o prime_a cost_n of_o the_o foreign_a good_n import_v and_o charge_n and_o the_o sell_a price_n of_o those_o export_v with_o charge_n it_o must_v be_v in_o debt_n and_o in_o this_o case_n the_o balance_n of_o trade_n be_v say_v to_o run_v against_o we_o that_o this_o balance_n of_o trade_n if_o it_o continue_v to_o run_v against_o we_o run_v we_o still_o far_o into_o debt_n and_o if_o the_o course_n of_o trade_n do_v not_o alter_v that_o we_o pay_v this_o debt_n or_o balance_n with_o commodity_n we_o must_v pay_v it_o with_o gold_n or_o silver_n for_o we_o can_v pay_v it_o with_o bill_n of_o exchange_n because_o that_o imply_v a_o debt_n both_o way_n as_o if_o i_o owe_v a_o dutch_a merchant_n 100_o l._n and_o another_o dutch_a man_n owe_v i_o 100_o l._n i_o can_v draw_v a_o bill_n on_o the_o dutch_a man_n that_o owe_v i_o 100_o l._n to_o pay_v it_o to_o the_o dutch_a merchant_n to_o who_o i_o be_o indebt_v but_o if_o i_o have_v no_o 100_o l._n owe_v i_o in_o holland_n nor_o any_o other_o place_n to_o which_o they_o exchange_v than_o i_o must_v pay_v this_o 100_o l._n in_o specie_fw-la because_o i_o can_v draw_v a_o bill_n this_o be_v the_o common_a notion_n of_o the_o balance_n of_o trade_n and_o of_o carry_v our_o money_n over_o to_o pay_v it_o but_o i_o must_v confess_v that_o unless_o the_o several_a country_n we_o trade_v with_o keep_v a_o account_n of_o the_o trade_n in_o the_o gross_a bulk_n thereof_o by_o all_o the_o merchant_n compare_v account_n of_o their_o import_v and_o export_v i_o can_v see_v how_o this_o balance_n shall_v upon_o any_o certain_a ground_n be_v know_v so_o that_o though_o we_o may_v pay_v dear_a for_o the_o balance_n of_o trade_n run_v against_o we_o by_o its_o be_v and_o cause_n of_o exchange_n run_v against_o we_o which_o be_v cause_v by_o our_o have_a occasion_n to_o pay_v more_o sum_n in_o foreign_a part_n than_o they_o have_v to_o pay_v here_o yet_o the_o sum_n carry_v over_o to_o balance_n trade_n withal_o be_v very_o inconsiderable_a if_o any_o at_o all_o the_o chief_a occasion_n then_o of_o carry_v away_o our_o coin_n be_v to_o buy_v foreign_a commodity_n with_o not_o to_o pay_v debt_n in_o place_n where_o we_o have_v no_o exchange_n as_o chief_o in_o the_o east_n indies_n and_o this_o be_v do_v either_o because_o the_o good_n we_o carry_v thither_o be_v more_o bulky_a in_o proportion_n to_o their_o price_n so_o that_o the_o value_n of_o the_o ship_n cargoe_v outward_a will_v not_o lade_v she_o home_o in_o good_n who_o value_n lie_v in_o a_o little_a room_n unless_o silver_n be_v take_v to_o make_v it_o up_o for_o in_o such_o long_a voyage_n the_o merchant_n be_v very_o unwilling_a to_o come_v home_o without_o a_o full_a cargo_n or_o else_o it_o be_v do_v because_o the_o merchant_n can_v go_v out_o suppose_v the_o good_n of_o like_a value_n bulk_n for_o bulk_n without_o a_o full_a cargo_n and_o make_v up_o what_o be_v want_v by_o take_v bullion_n or_o coin_n private_o which_o save_v a_o great_a deal_n both_o in_o custom_n outward_a and_o in_o freight_n but_o however_o let_v the_o design_n of_o take_v away_o our_o coin_n be_v what_o it_o will_v it_o be_v agree_v on_o all_o hand_n that_o much_o of_o it_o be_v take_v from_o we_o and_o especial_o to_o carry_v to_o the_o east_n indies_n which_o be_v one_o great_a reason_n why_o i_o believe_v that_o trade_n do_v we_o more_o damage_n than_o it_o do_v we_o good_a and_o though_o i_o be_o a_o great_a admirer_n of_o every_o thing_n the_o ingenious_a and_o accomplish_v merchant_n sir_n josiah_n child_n say_v in_o his_o discourse_n concern_v trade_n yet_o i_o must_v except_v this_o of_o the_o great_a advantage_n that_o occur_v to_o the_o english_a nation_n by_o the_o east_n india_n trade_n and_o my_o chief_a reason_n for_o not_o full_o conform_v to_o his_o opinion_n in_o this_o matter_n be_v first_o because_o the_o trade_n to_o the_o east_n indies_n rob_v we_o of_o our_o coin_n without_o which_o it_o be_v impossible_a the_o nation_n shall_v subsist_v as_o we_o have_v too_o great_a proof_n of_o at_o this_o time_n when_o no_o man_n can_v get_v 10_o per_fw-la cent._n of_o banker_n though_o his_o necessity_n be_v never_o so_o press_v and_o second_o because_o the_o commodity_n we_o import_v from_o india_n be_v full_o manufacture_v as_o silk_n muslin_n and_o callico_n whereby_o our_o own_o artificer_n have_v no_o advantage_n as_o they_o have_v by_o the_o turkey_n hamburgh_n and_o most_o other_o trade_n but_o this_o be_v partly_o a_o digression_n from_o my_o subject_n i_o shall_v return_v to_o show_v that_o this_o exportation_n of_o our_o coin_n will_v be_v prevent_v by_o the_o aforesaid_a reduce_v the_o value_n of_o bullion_n below_o that_o of_o our_o coin_n for_o as_o when_o our_o coin_n be_v rich_a than_o bullion_n i._n e._n a_o 5_o shill_n piece_n be_v worth_a as_o much_o bullion_n as_o 5_o s._n 4_o d._n or_o upward_o and_o then_o our_o coin_n be_v
of_o the_o same_o weight_n out_o then_o as_o to_o his_o second_o part_n i_o dare_v appeal_n to_o all_o the_o world_n whether_o it_o be_v absurd_a to_o barter_n silver_n for_o silver_n i_o be_o sure_a it_o be_v a_o thing_n do_v every_o day_n and_o no_o doubt_n but_o sir_n r._n have_v do_v it_o himself_o unless_o he_o always_o pay_v for_o his_o plate_n with_o farthing_n and_o halfpenny_n which_o few_o goldsmith_n will_v take_v unless_o the_o quantity_n buy_v be_v inconsiderable_a so_o that_o its_o just_a as_o absurd_a to_o say_v that_o a_o ounce_n of_o silver_n will_v buy_v a_o ounce_n of_o silver_n of_o the_o same_o fineness_n as_o it_o be_v to_o say_v a_o ounce_n of_o sterling_a plate_n be_v sell_v for_o a_o sterling_a crown_n piece_n and_o that_o be_v no_o absurdity_n at_o all_o for_o the_o plate_n buy_v be_v a_o ounce_n of_o silver_n and_o the_o crown_n that_o pay_v for_o it_o be_v near_o 1_o ℥_o of_o sterling_a silver_n of_o the_o same_o fineness_n which_o barter_n be_v very_o proper_a and_o practicable_a and_o therefore_o his_o reason_n since_o there_o be_v no_o occasion_n for_o any_o barter_n be_v vain_a and_o frivolous_a since_o nothing_o be_v more_o true_a than_o that_o silver_n coin_n and_o old_a plate_n be_v daily_o barter_v for_o new_a plate_n his_o second_o remark_n be_v that_o the_o intrinsic_a value_n of_o silver_n be_v the_o true_a instrument_n or_o measure_n of_o commerce_n he_o say_v be_v partly_o true_a and_o partly_o false_a for_o the_o money_n of_o every_o country_n be_v the_o measure_n of_o commerce_n there_o to_o this_o i_o answer_v that_o though_o the_o money_n of_o a_o country_n be_v the_o instrument_n of_o commerce_n yet_o the_o intrinsic_a value_n of_o silver_n be_v nevertheless_o the_o true_a measure_n thereof_o by_o be_v the_o measure_n of_o that_o money_n for_o by_o how_o much_o the_o more_o there_o be_v of_o silver_n in_o any_o money_n by_o so_o much_o the_o more_o it_o be_v valuable_a and_o by_o how_o much_o the_o more_o be_v be_v valuable_a by_o so_o much_o the_o more_o of_o any_o commodity_n it_o will_v purchase_v and_o in_o all_o buy_v sell_v and_o barter_v though_o the_o person_n concern_v be_v guide_v as_o to_o the_o worth_n of_o the_o thing_n buy_v sell_v or_o barter_v by_o the_o coin_n of_o the_o place_n where_o such_o bargain_n be_v transact_v yet_o all_o or_o the_o great_a part_n of_o the_o coin_n in_o all_o country_n be_v either_o silver_n or_o gold_n who_o value_n be_v compute_v by_o that_o silver_n to_o say_v that_o because_o coin_n be_v the_o instrument_n of_o commerce_n that_o silver_n be_v not_o so_o as_o the_o doctor_n do_v positive_o and_o sir_n r._n in_o part_n affirm_v be_v to_o say_v that_o the_o coin_n of_o all_o trade_n nation_n be_v no_o silver_n which_o be_v false_a and_o the_o remark_n very_o weak_a but_o the_o doctor_n say_v pag._n 24._o that_o if_o man_n make_v their_o bargain_n only_o for_o the_o quantity_n of_o silver_n to_o what_o purpose_n be_v there_o any_o copper_n money_n coin_v which_o reckon_v one_o country_n with_o another_o be_v ⅓_n part_n of_o the_o money_n in_o europe_n to_o which_o i_o answer_v that_o copper_n money_n be_v in_o all_o place_n except_o sweedland_n design_v only_o for_o conveniency_n in_o pay_v small_a sum_n which_o can_v so_o well_o be_v pay_v in_o silver_n because_o the_o quantity_n thereof_o be_v very_o small_a will_v be_v and_o be_v as_o we_o see_v in_o our_o silver_n ½_o penny_n penny_n two_o pence_n etc._n etc._n in_o danger_n of_o be_v lose_v and_o as_o to_o there_o be_v ⅓_n of_o the_o coin_n in_o europe_n make_v only_o of_o copper_n i_o dare_v affirm_v and_o appeal_v to_o all_o the_o merchant_n and_o traveller_n in_o england_n that_o not_o one_o hundred_o part_n of_o the_o coin_n in_o all_o the_o traffique_a nation_n in_o the_o world_n except_o sweedland_n be_v any_o thing_n but_o gold_n or_o silver_n and_o i_o be_o far_a confirm_v in_o this_o opinion_n not_o only_o because_o i_o have_v some_o knowledge_n of_o the_o several_a coin_n but_o from_o this_o computation_n of_o it_o in_o our_o own_o nation_n coin_n the_o most_o ingenious_a calculator_n sir_n william_n petty_n have_v tell_v we_o that_o 50000_o l._n in_o farthing_n and_o half_a penny_n be_v a_o sufficient_a quantity_n of_o copper_n money_n for_o england_n but_o i_o be_o of_o opinion_n that_o we_o have_v not_o so_o many_o now_o because_o we_o want_v and_o the_o running_n cash_n of_o gold_n and_o silver_n be_v compute_v modest_o at_o 6,000,000_o ill_a which_o divide_v by_o 50000_o l._n quote_v 120_o so_o that_o at_o that_o rate_n instead_o of_o ⅓_n there_o be_v but_o a_o one_o hundred_o and_o twenty_o part_n of_o the_o run_v cash_n of_o england_n make_v of_o any_o thing_n but_o gold_n and_o silver_n and_o we_o have_v great_a reason_n to_o believe_v that_o copper_n money_n in_o other_o country_n be_v but_o for_o the_o same_o use_n we_o make_v of_o it_o in_o england_n viz._n for_o change_n and_o pay_v small_a sum_n as_o be_v say_v above_o be_v near_o the_o same_o proportion_n to_o their_o gold_n and_o silver_n cash_n and_o therefore_o as_o to_o what_o the_o doctor_n say_v page_z 15._o '_o that_o there_o be_v more_o bargain_n make_v with_o copper_n money_n than_o either_o with_o gold_n or_o silver_n and_o will_v make_v good_a this_o assertion_n by_o a_o instance_n of_o half_a penny_n loaf_n be_v buy_v and_o sell_v which_o by_o the_o way_n be_v a_o ridiculous_a one_o i_o say_v it_o be_v egregious_o false_a to_o instance_n in_o some_o useful_a thing_n for_o the_o body_n and_o mind_n as_o the_o doctor_n have_v it_o page_z 2._o in_o a_o wholesale_n trade_n where_o the_o commodity_n buy_v and_o sell_v be_v not_o cut_v or_o divide_v into_o lesser_a part_n than_o they_o be_v bring_v in_o daily_o experience_n tell_v we_o there_o be_v no_o such_o thing_n as_o pay_v in_o copper_n money_n for_o it_o be_v a_o small_a wholesale_n parcel_v that_o be_v not_o worth_a 6_o d._n and_o all_o or_o most_o parcel_n above_o not_o to_o say_v some_o below_o that_o price_n be_v pay_v for_o in_o silver_n and_o though_o the_o copper_n money_n have_v the_o king_n stamp_n on_o it_o which_o the_o doctor_n lay_v such_o stress_n on_o pag._n 13._o '_o yet_o so_o prudent_a and_o wise_a be_v our_o lawmaker_n that_o no_o one_o can_v be_v force_v to_o take_v this_o money_n for_o rent_n or_o debt_n because_o it_o have_v not_o a_o universal_a value_n nor_o be_v intend_v to_o be_v receive_v or_o pay_v in_o large_a sum_n in_o the_o way_n of_o trade_n by_o reason_n of_o its_o be_v far_o less_o portable_a than_o silver_n 3_o farthing_n weigh_v 14_o grain_n more_o and_o take_v up_o as_o much_o room_n as_o half_a a_o crown_n in_o silver_n and_o consequent_o omit_v the_o grain_n 100_o l._n in_o copper_n as_o much_o as_o 4000_o l._n in_o silver_n and_o at_o this_o rate_n how_o troublesome_a will_v it_o be_v for_o a_o man_n to_o be_v oblige_v to_o receive_v copper_n money_n for_o pack_n of_o sheep_n wool_n or_o sack_n of_o cotton_n bales_n of_o silk_n hogshead_n of_o sugar_n wine_n brandy_n etc._n etc._n nay_o if_o this_o money_n be_v pay_v for_o the_o great_a part_n of_o bargain_n as_o the_o doctor_n say_v it_o be_v it_o will_v cost_v less_o money_n to_o carry_v most_o sort_n of_o good_n to_o a_o fair_a or_o mart_n than_o the_o money_n those_o commodity_n be_v sell_v for_o home_o again_o but_o to_o come_v near_o the_o doctor_n half_a penny_n loaf_n how_o few_o be_v there_o that_o pay_n for_o either_o victual_n apparel_n or_o lodging_n in_o this_o sort_n of_o money_n for_o do_v any_o man_n pay_v for_o a_o year_n board_n or_o so_o much_o as_o a_o joint_n of_o meat_n at_o the_o market_n in_o farthing_n do_v any_o man_n pay_v for_o a_o hat_n coat_n etc._n etc._n or_o so_o much_o as_o glove_n or_o thread_n stocking_n in_o farthing_n do_v any_o one_o pay_v their_o house-rent_a or_o so_o much_o as_o for_o a_o half_a peck_n loaf_n in_o copper_n money_n nay_o to_o come_v to_o the_o doctor_n own_o instance_n of_o the_o vast_a number_n of_o half_a penny_n and_o penny_n loaf_n that_o be_v buy_v i_o dare_v engage_v ¾_n thereof_o be_v pay_v for_o in_o silver_n coin_n for_o the_o baker_n i_o will_v warrant_v never_o buy_v a_o bushel_n of_o wheat_n and_o pay_v for_o it_o in_o farthing_n or_o copper_n money_n nor_o the_o victualler_n in_o who_o house_n most_o of_o the_o baker_n half_a penny_n loaf_n be_v spend_v pay_v for_o a_o dozen_o or_o two_o than_o which_o he_o have_v seldom_o less_o in_o copper_n money_n no_o nor_o even_o the_o person_n who_o buy_v these_o of_o the_o victualler_n for_o his_o own_o eat_v come_v to_o his_o house_n only_o to_o eat_v for_o it_o be_v a_o hundred_o
of_o these_o assertion_n depend_v on_o this_o that_o raise_v the_o value_n of_o coin_n by_o denomination_n will_v not_o enhance_v the_o price_n of_o any_o commodity_n i_o shall_v therefore_o first_o prove_v that_o the_o raise_v the_o denomination_n of_o the_o coin_n and_o make_v the_o 5_o s._n piece_n to_o pass_v for_o any_o sum_n more_o will_v analogical_o at_o least_o advance_v the_o price_n of_o all_o thing_n 2._o show_v how_o the_o landlord_n and_o other_o person_n have_v annuity_n or_o stypend_v will_v become_v loser_n by_o such_o advance_n of_o coin_n and_o commodity_n we_o have_v sufficient_a matter_n of_o fact_n to_o prove_v that_o the_o raise_v the_o denomination_n of_o coin_n do_v also_o advance_v every_o commodity_n proportionable_a for_o that_o which_o be_v worth_a but_o 20_o penny_n in_o edward_n the_o first_o be_v time_n be_v now_o worth_a 5_o s._n and_o that_o all_o commodity_n do_v rise_v near_o ⅓_n from_o july_n 94._o when_o guinea_n begin_v to_o rise_v to_o the_o time_n they_o be_v at_o 30_o s._n be_v also_o matter_n of_o fact_n and_o that_o since_o guinea_n have_v be_v settle_v at_o 22_o s._n all_o commodity_n have_v fall_v be_v also_o true_a wool_n and_o woolen_n cloth_n the_o chief_a of_o our_o commodity_n be_v a_o proof_n thereof_o and_o be_v that_o i_o choose_v for_o instance_n the_o first_o be_v fall_v 8_o s._n per_fw-la tod_n the_o second_o 4_o or_o 5_o s._n per_fw-la yard_n which_o advance_v of_o commodity_n according_a to_o the_o advance_v of_o coin_n make_v the_o wise_a and_o good_a q._n eliz._n in_o the_o declaration_n anno_fw-la 1559._o concern_v the_o amend_v the_o coin_n debase_v by_o h._n viii_o express_v these_o word_n also_o by_o continuance_n of_o this_o sort_n of_o base_a money_n although_o almighty_a god_n have_v give_v now_o of_o late_a year_n plentiful_a increase_n by_o the_o earth_n yet_o the_o price_n of_o all_o thing_n grow_v or_o come_v from_o the_o earth_n have_v daily_o rise_v as_o grain_n fruit_n cattle_n victual_n wool_n leather_n and_o suchlike_a and_o no_o remedy_n can_v be_v devise_v to_o amend_v the_o same_o but_o to_o cause_v that_o the_o same_o base_a money_n shall_v be_v currant_n for_o no_o more_o than_o they_o be_v in_o just_a value_n and_o the_o reason_n of_o the_o rise_n or_o fall_v of_o commodity_n as_o money_n do_v be_v plain_a because_o money_n be_v that_o which_o measure_v every_o thing_n and_o therefore_o if_o money_n rise_v commodity_n must_v rise_v if_o it_o fall_v they_o must_v fall_v and_o the_o chief_a reason_n of_o this_o be_v our_o be_v so_o deep_o engage_v in_o commerce_n with_o foreigner_n who_o will_v never_o take_v our_o money_n for_o what_o we_o be_v please_v to_o call_v it_o but_o what_o it_o be_v real_o worth_a with_o they_o and_o will_v be_v take_v from_o they_o for_o in_o other_o place_n thus_o if_o a_o ironmonger_n buy_v of_o a_o dutchman_n chimney-back_n to_o the_o value_n of_o 825_o pound_n flemish_n he_o may_v have_v pay_v for_o they_o before_o the_o advance_v or_o debase_v of_o our_o coin_n the_o exchange_n be_v at_o least_o 33_o s._n flem._n per_fw-la pound_n sterl_n with_o 500_o l._n sterling_n but_o our_o pound_n be_v advance_v to_o 24_o s._n the_o dutchman_n lour_v his_o exchange_n proportionable_a as_o they_o always_o do_v witness_v the_o extreme_a low_a exchange_n just_a before_o the_o regulation_n of_o our_o coin_n and_o the_o advance_v of_o it_o since_o which_o be_v to_o 27_o s._n 6_o d_o flem._n for_o 1_o l._n sterling_n at_o which_o rate_n 600_o l._n will_v but_o pay_v the_o pound_n flem._n 825._o so_o that_o here_o be_v evident_o ⅕_n lose_v to_o the_o englishman_n who_o must_v fetch_v it_o up_o by_o sell_v his_o good_n ⅕_n dear_a than_o former_o or_o if_o he_o barter_v for_o good_n of_o our_o own_o product_n or_o manufacture_n as_o suppose_v iron_n in_o the_o bar_n the_o seller_n of_o this_o iron_n will_v advance_v it_o proportionable_a to_o what_o the_o chimney_n back_n be_v advance_v which_o ⅕_n and_o thus_o it_o be_v plain_a the_o raise_v our_o coin_n advance_v foreign_a exchange_n that_o raise_v foreign_a commodity_n and_o foreign_a commodity_n rise_v do_v many_o way_n advance_v the_o product_n of_o our_o own_o country_n for_o if_o chimney_n back_n sword_n blade_n etc._n etc._n come_v from_o holland_n shall_v by_o raise_v our_o coin_n grow_v dear_a our_o english_a will_v general_o content_v themselves_o with_o english_a blade_n and_o grate_v and_o chimney_n of_o our_o own_o make_v which_o will_v much_o advance_v the_o price_n and_o though_o i_o have_v only_o instance_a in_o one_o or_o two_o commodity_n from_o holland_n yet_o the_o same_o consequence_n will_v happen_v by_o the_o raise_n our_o coin_n to_o all_o other_o good_n or_o merchandise_n not_o only_o of_o that_o country_n but_o all_o other_o with_o who_o we_o have_v any_o commerce_n and_o thus_o i_o have_v prove_v that_o raise_v our_o coin_n will_v necessary_o advance_v the_o price_n of_o all_o thing_n and_o shall_v therefore_o proceed_v to_o show_v 2._o that_o by_o this_o advance_n of_o coin_n and_o commodity_n all_o such_o as_o have_v make_v contract_n before_o this_o advance_v must_v necessary_o be_v loser_n till_o such_o time_n as_o they_o can_v advance_v the_o term_n of_o their_o contract_n proportionable_a to_o the_o advance_v of_o thing_n thus_o 1._o all_o landlord_n who_o estate_n be_v let_v out_o by_o lease_n 2._o all_o person_n have_v certain_a yearly_a stipend_n or_o salary_n 3._o all_o creditor_n who_o debt_n be_v contract_v before_o the_o advance_v of_o our_o coin_n and_o not_o pay_v till_o afterward_o must_v all_o unavoidable_o be_v at_o a_o loss_n by_o the_o advance_v of_o coin_n 1._o as_o to_o landlord_n who_o estate_n be_v let_v out_o by_o lease_n for_o 7_o 11_o 21_o 31_o or_o 40_o year_n the_o usual_a term_n lease_n be_v grant_v for_o will_v be_v so_o much_o the_o great_a loser_n by_o how_o much_o the_o long_o the_o lease_n they_o have_v grant_v be_v because_o here_o be_v a_o advance_v of_o coin_n that_o have_v advance_v the_o price_n of_o thing_n and_o still_o the_o landlord_n have_v but_o the_o same_o rent_n for_o instance_n if_o i_o have_v 500_o l._n per_fw-la ann._n let_v out_o by_o lease_n for_o 40_o year_n to_o be_v pay_v in_o currant_n english_a money_n after_o this_o the_o coin_n of_o the_o nation_n be_v advance_v ⅕_n and_o other_o thing_n proportionable_a yet_o i_o receive_v but_o 500_o l._n per_fw-la ann._n of_o this_o new_a money_n so_o that_o if_o i_o expend_v yearly_a before_o the_o advance_v of_o coin_n 300_o l._n and_o lay_v up_o 200_o l._n now_o the_o coin_n be_v advance_v that_o which_o cost_v i_o 300_o l._n will_v cost_v i_o 360_o l._n so_o that_o i_o can_v lay_v by_o i_o but_o 140_o l._n per_fw-la ann._n the_o interest_n of_o which_o at_o 6_o l._n per_fw-la cent_z be_v but_o 8_o l._n 8_o s._n whereas_o it_o be_v plain_a the_o interest_n of_o my_o 200_o l._n which_o i_o lay_v up_o before_o the_o advance_v of_o coin_n be_v 12_o l._n so_o that_o here_o be_v evident_o a_o loss_n of_o 3_o l._n 10_o s._n in_o 12_o l._n which_o be_v above_o ¼_n loss_n to_o the_o moneyed_a man._n but_o it_o may_v be_v say_v that_o this_o landlord_n or_o moneyed_a man_n must_v be_v suppose_v to_o have_v money_n by_o he_o when_o this_o change_n of_o coin_n happen_v which_o will_v be_v ⅕_n more_o as_o if_o he_o have_v 1500_o l._n of_o the_o old_a money_n it_o will_v be_v 1800_o l._n of_o the_o new_a which_o be_v 300_o l._n gain_n to_o he_o to_o this_o it_o may_v be_v answer_v that_o this_o gain_n will_v be_v more_o than_o lose_v in_o a_o short_a time_n after_o when_o much_o money_n by_o the_o dearness_n of_o thing_n be_v draw_v out_o of_o the_o land_a or_o moneyed_a man_n into_o the_o trades-man_n hand_n and_o the_o money_n of_o the_o nation_n be_v thus_o increase_v ⅕_n do_v natural_o increase_v the_o number_n of_o usurer_n and_o purchaser_n and_o the_o number_n of_o usurer_n and_o purchaser_n increase_v the_o value_n of_o land_n and_o lour_v the_o rate_n of_o interest_n so_o if_o with_o this_o money_n he_o will_v purchase_v land_n be_v advance_v or_o if_o he_o will_v lend_v it_o on_o usury_n interest_n be_v lower_v so_o that_o he_o must_v necessary_o jose_z by_o this_o mean_v notwithstanding_o 2._o as_o the_o landlord_n who_o estate_n be_v let_v out_o by_o lease_n must_v lose_v until_o his_o lease_n be_v expire_v and_o he_o can_v advance_v his_o rent_n proportionable_a to_o the_o price_n of_o all_o other_o thing_n so_o likewise_o it_o will_v go_v with_o such_o as_o have_v employment_n who_o salary_n be_v certain_a and_o can_v be_v suddenn_o if_o ever_o advance_v in_o proportion_n to_o victual_n clothes_n etc._n etc._n on_o which_o they_o live_v so_o that_o they_o
must_v also_o be_v great_a loser_n by_o this_o advance_n of_o thing_n which_o be_v occasion_v by_o the_o rise_n of_o our_o coin_n 3._o all_o creditor_n who_o debt_n be_v contract_v before_o the_o rise_n of_o coin_n and_o not_o pay_v till_o afterward_o must_v lose_v because_o the_o debt_n be_v contract_v before_o the_o rise_n of_o thing_n and_o according_a to_o the_o value_n of_o money_n then_o but_o now_o money_n be_v raise_v and_o commodity_n likewise_o this_o when_o pay_v the_o creditor_n in_o the_o new_a money_n will_v not_o purchase_v so_o much_o by_o ⅕_n as_o if_o it_o have_v be_v pay_v he_o before_o this_o revolution_n of_o coin_n beside_o have_v the_o debt_n be_v in_o the_o creditor_n hand_n before_o the_o alteration_n of_o coin_n it_o will_v of_o itself_o increase_v ⅕_n which_o he_o also_o lose_v but_o on_o the_o other_o hand_n 1._o all_o day-labourer_n and_o 2._o all_o landed-man_n have_v tenant_n at_o will_n need_v not_o lose_v by_o this_o alteration_n of_o coin_n because_o they_o may_v advance_v the_o price_n of_o their_o work_n and_o income_n proportionable_a to_o the_o advance_v of_o money_n and_o commodity_n which_o loss_n must_v therefore_o fall_v 1._o on_o such_o as_o have_v occasion_n to_o employ_v these_o labourer_n as_o builder_n etc._n etc._n 2._o on_o these_o tenant_n at_o will_n who_o must_v advance_v the_o rent_n of_o the_o house_n or_o land_n they_o hold_v so_o that_o i_o think_v nothing_o can_v be_v make_v more_o apparent_a than_o that_o advance_v the_o currant_n value_n of_o money_n will_v be_v a_o loss_n not_o only_o to_o landed-man_n but_o to_o most_o other_o what_o be_v material_a in_o sir_n richard_n five_o remark_n be_v already_o answer_v i_o shall_v therefore_o say_v no_o more_o to_o it_o but_o consider_v sir_n richard_n six_o remark_n to_o keep_v up_o a_o old_a standard_n under_o a_o old_a denomination_n below_o the_o value_n of_o bullion_n be_v the_o great_a folly_n imaginable_a and_o for_o which_o we_o have_v pay_v dear_a for_o it_o first_o carry_v away_o all_o our_o gold_n and_o broad_a money_n and_o last_o all_o our_o milled_a money_n etc._n etc._n and_o the_o doctor_n say_v in_o the_o eight_o of_o his_o contrary_a proposition_n that_o it_o be_v the_o practice_n of_o all_o the_o government_n in_o europe_n to_o raise_v their_o money_n as_o the_o price_n of_o silver_n rise_v to_o sir_n r._n i_o answer_v that_o nothing_o can_v be_v great_a folly_n than_o to_o alter_v the_o standard_n of_o our_o coin_n as_o the_o price_n of_o any_o commodity_n be_v alter_v for_o money_n be_v the_o measure_n of_o commerce_n as_o both_o sir_n r._n and_o the_o doctor_n say_v it_o be_v to_o alter_v money_n be_v to_o alter_v the_o measure_n of_o all_o thing_n and_o that_o i_o be_o sure_a unless_o there_o be_v absolute_a necessity_n be_v both_o folly_n and_o injustice_n and_o be_v as_o though_o the_o buyer_n of_o timber_n or_o deal_v board_n shall_v have_v his_o two_o foot_n rule_v make_v long_o in_o proportion_n to_o what_o the_o seller_n advance_v the_o price_n of_o his_o wood._n it_o be_v great_a folly_n to_o advance_v the_o value_n of_o our_o coin_n in_o proportion_n to_o bullion_n or_o any_o other_o commodity_n because_o it_o will_v never_o answer_v the_o end_n for_o which_o it_o be_v raise_v i_o have_v sufficient_o prove_v that_o raise_v the_o coin_n will_v enhance_v the_o price_n of_o all_o commodity_n and_o therefore_o to_o advance_v the_o value_n of_o money_n to_o bring_v it_o to_o the_o same_o price_n with_o bullion_n instead_o of_o that_o it_o will_v advance_v the_o value_n of_o bullion_n that_o be_v a_o commodity_n as_o well_o as_o other_o thing_n and_o be_v indeed_o begin_v at_o the_o wrong_a end_n as_o if_o we_o shall_v bring_v the_o cart_n to_o the_o horse_n not_o that_o i_o can_v see_v that_o bullion_n before_o the_o regulation_n of_o our_o coin_n be_v advance_v proper_o speak_v to_o 6_o s._n 3_o d._n per_fw-la ounce_n as_o some_o fancy_n although_o it_o be_v frequent_o sell_v for_o that_o price_n yet_o if_o we_o consider_v that_o that_o 6_o s._n 3_o d._n of_o clip_v money_n be_v bona_fw-la fide_fw-la worth_n but_o 5_o s._n of_o our_o true_a milled_a coin_n it_o then_o follow_v that_o bullion_n be_v not_o advance_v so_o much_o as_o other_o commodity_n but_o be_v all_o along_o at_o the_o old_a price_n of_o 5_o s._n per_fw-la ounce_n if_o you_o will_v pay_v for_o it_o with_o money_n of_o full_a weight_n and_o fineness_n and_o to_o confirm_v this_o truth_n i_o have_v discourse_v with_o several_a eminent_a goldsmith_n who_o have_v great_a deal_n in_o plate_n and_o they_o tell_v i_o that_o what_o i_o have_v here_o assert_v be_v true_a and_o i_o be_o sure_a it_o be_v reasonable_a for_o as_o the_o ingenious_a mr._n lock_n observe_v it_o be_v impossible_a there_o shall_v ever_o be_v 15_o d._n difference_n between_o a_o ounce_n of_o sterling_a silver_n coin_v and_o a_o ounce_n uncoined_a though_o there_o may_v be_v 2_o d._n 3_o d._n or_o 4_o d._n per_fw-la ounce_n difference_n because_o bullion_n may_v be_v export_v and_o coin_a silver_n may_v not_o and_o because_o a_o crown_n piece_n want_v 2_o d._n of_o be_v 1_o ℥_o of_o silver_n and_o as_o the_o ill_a policy_n of_o coin_v our_o money_n light_a or_o make_v it_o go_v for_o ¼_n or_o 〈◊〉_d more_o than_o it_o be_v worth_a in_o other_o nation_n will_v appear_v so_o will_v it_o be_v great_a injustice_n because_o it_o will_v injure_v several_a sort_n of_o people_n the_o king_n for_o example_n must_v lose_v ⅕_n of_o what_o he_o take_v over_o to_o bear_v his_o expense_n in_o holland_n and_o so_o must_v the_o officer_n and_o every_o private_a soldier_n which_o will_v fall_v especial_o very_o heavy_a on_o the_o latter_a who_o out_o of_o their_o 3_o s._n a_o week_n allowance_n must_v but_o have_v ½_o a_o crown_n worth_a at_o most_o of_o the_o dutch_a victual_n drink_v etc._n etc._n and_o so_o will_v it_o likewise_o be_v a_o manifest_a injury_n to_o all_o person_n concern_v in_o foreign_a affair_n as_o i_o have_v sufficient_o prove_v before_o so_o that_o instead_o of_o be_v the_o great_a folly_n imaginable_a to_o keep_v our_o coin_n to_o the_o old_a standard_n for_o weight_n and_o fineness_n i_o think_v if_o right_o consider_v it_o will_v appear_v to_o be_v the_o most_o prudent_a and_o advantageous_a thing_n the_o government_n can_v do_v to_o keep_v it_o where_o it_o be_v and_o that_o more_o especial_o consider_v we_o be_v so_o deep_o engage_v in_o foreign_n concern_v and_o as_o to_o out_o domestic_a affair_n many_o i_o have_v show_v will_v be_v loser_n by_o this_o advance_n of_o coin_n but_o none_o can_v be_v gainer_n the_o truth_n be_v our_o inland_a trader_n pure_o live_v upon_o that_o will_v lose_v the_o least_o though_o they_o will_v gain_v nothing_o for_o what_o they_o will_v gain_v by_o the_o advance_v of_o their_o stock_n and_o cash_n just_a upon_o the_o revolution_n thereof_o they_o will_v in_o short_a time_n lose_v by_o pay_v dear_a for_o manufacture_v their_o good_n and_o all_o necessary_n but_o on_o the_o contrary_a though_o we_o can_v gain_v nothing_o but_o loss_n by_o advance_v of_o coin_n yet_o we_o shall_v be_v great_a gainer_n by_o continue_v the_o present_a standard_n because_o foreigner_n will_v take_v out_o money_n upon_o occasion_n at_o the_o same_o price_n we_o take_v it_o at_o and_o it_o will_v keep_v all_o commodity_n both_o foreign_a and_o inland_a at_o a_o reasonable_a price_n beside_o the_o honour_n and_o esteem_v the_o nation_n will_v just_o gain_v thereby_o in_o the_o eye_n of_o foreigner_n for_o as_o the_o ingenious_a sir_n william_n betty_n say_v of_o raise_v the_o denomination_n of_o coin_n that_o it_o be_v like_o compound_v to_o pay_v a_o debt_n and_o be_v a_o infallible_a sign_n of_o a_o bankrupt_a and_o poor_a nation_n so_o on_o the_o other_o hand_n the_o keep_v the_o coin_n to_o its_o primitive_a weight_n and_o purity_n be_v a_o indication_n of_o its_o wealth_n and_o riches_n as_o to_o the_o continue_v our_o coin_n on_o the_o present_a foot_n be_v the_o cause_n of_o carry_v away_o all_o our_o broad_a and_o milled_a money_n i_o answer_v that_o of_o the_o three_o part_n viz._n what_o be_v export_v hoard_v and_o melt_v down_o i_o real_o believe_v the_o part_n carry_v away_o to_o be_v the_o least_o and_o the_o part_n hoard_v the_o great_a and_o this_o will_v appear_v by_o consider_v in_o who_o hand_n the_o great_a part_n of_o this_o cash_n lie_v it_o can_v be_v deny_v but_o that_o the_o nobility_n gentry_n and_o inland_a trader_n together_o be_v rich_a and_o have_v more_o money_n than_o either_o the_o merchant_n actual_o trading_n beyond_o the_o sea_n on_o the_o manufacturer_n of_o plate_n call_v goldsmith_n and_o therefore_o it_o be_v most_o certain_a the_o great_a part_n of_o our_o