usual_o dear_a those_o year_n they_o be_v worst_a but_o if_o it_o happen_v to_o be_v a_o species_n of_o commodity_n who_o defect_n may_v be_v supply_v by_o some_o other_o the_o make_n of_o it_o worse_o do_v lessen_v its_o price_n because_o it_o hinder_v its_o vent_n for_o if_o rye_n shall_v any_o year_n prove_v general_o smutty_a or_o grow_v no_o question_n it_o will_v yield_v less_o money_n than_o otherwise_o because_o the_o deficiency_n of_o that_o may_v be_v in_o some_o measure_n make_v up_o by_o wheat_n and_o other_o grain_n but_o if_o it_o be_v a_o sort_n of_o commodity_n who_o use_n no_o other_o know_v thing_n can_v supply_v it_o be_v not_o its_o be_v better_a or_o worse_o but_o its_o quantity_n and_o vent_n be_v that_o alone_a which_o regulate_v and_o determine_v its_o value_n to_o apply_v this_o now_o to_o money_n as_o capable_a of_o different_a rate_n of_o interest_n consider_v money_n in_o its_o proper_a use_n as_o a_o commodity_n pass_v in_o exchange_n from_o one_o to_o another_o all_o that_o be_v do_v by_o interest_n be_v but_o add_v to_o money_n by_o agreement_n or_o public_a authority_n which_o natural_o it_o have_v not_o viz._n a_o faculty_n of_o increase_v every_o year_n six_o per_fw-la cent_z now_o if_o public_a authority_n sink_v use_v to_o four_o per_fw-la cent._n it_o be_v certain_a it_o diminish_v this_o good_a quality_n in_o money_n 1_o â—_o but_o yet_o this_o make_v the_o money_n of_o england_n not_o one_o farthing_n more_o than_o it_o be_v it_o alter_v not_o the_o measure_n upon_o which_o all_o changeable_a commodity_n increase_v or_o sink_v their_o price_n and_o so_o make_v not_o money_n exchange_n for_o less_o of_o any_o commodity_n than_o it_o will_v without_o this_o alteration_n of_o its_o interest_n but_o rather_o if_o lessen_v use_v to_o four_o per_fw-la cent._n do_v at_o all_o alter_v the_o quantity_n of_o money_n and_o make_v it_o less_o it_o make_v money_n as_o it_o have_v the_o nature_n of_o a_o commodity_n dear_a i._n e._n a_o less_o quantity_n of_o money_n will_v exchange_n for_o a_o great_a quantity_n of_o another_o commodity_n than_o it_o will_v before_o this_o perhaps_o will_v appear_v a_o little_a plain_o by_o these_o follow_a particular_n 1._o that_o the_o intrinsic_a natural_a worth_n of_o any_o thing_n consist_v in_o this_o that_o it_o be_v apt_a to_o be_v serviceable_a to_o the_o necessity_n or_o conveniency_n of_o human_a life_n and_o it_o be_v natural_o more_o worth_a as_o the_o necessity_n or_o conveniency_n it_o supply_v be_v great_a but_o yet_o 2._o that_o there_o be_v no_o such_o intrinsic_a natural_a settle_a value_n in_o any_o thing_n as_o to_o make_v any_o assign_a quantity_n of_o it_o constant_o worth_a any_o assign_a quantity_n of_o another_o 3._o the_o value_n of_o any_o assign_a quantity_n of_o two_o or_o more_o commodity_n be_v pro_fw-la hic_fw-la &_o nunc_fw-la equal_a when_o they_o will_v exchange_v one_o for_o another_o as_o suppose_v one_o bushel_n of_o wheat_n two_o bushel_n of_o barley_n 30_o l._n of_o lead_n and_o one_o ounce_n of_o silver_n will_v now_o in_o the_o market_n be_v take_v one_o for_o another_o they_o be_v then_o of_o equal_a worth_n and_o our_o coin_n be_v that_o which_o englishman_n reckon_v by_o a_o englishman_n will_v say_v that_o now_o one_o bushel_n of_o wheat_n two_o bushel_n of_o barley_n 30_o l._n of_o lead_n one_o ounce_n of_o silver_n be_v equal_o worth_a five_o shilling_n 4._o the_o alter_n of_o this_o value_n two_o thing_n in_o respect_n of_o one_o another_o or_o any_o one_o stand_v common_a measure_n be_v not_o the_o alter_n of_o any_o intrinsic_a value_n or_o quality_n in_o the_o commodity_n for_o musty_a and_o smutty_a corn_n will_v sell_v dear_a at_o one_o time_n than_o the_o clean_a and_o sweet_a at_o another_o but_o the_o alteration_n of_o some_o proportion_n the_o commodity_n bear_v to_o something_o else_o 5._o this_o proportion_n in_o all_o commodity_n whereof_o money_n be_v one_o be_v the_o proportion_n of_o their_o quantity_n to_o the_o vent_n which_o vent_n be_v nothing_o else_o but_o the_o pass_n of_o commodity_n from_o one_o owner_n to_o another_o in_o exchange_n and_o be_v then_o call_v quick_a when_o a_o great_a quantity_n of_o any_o species_n of_o commodity_n be_v take_v off_o from_o the_o owner_n of_o it_o in_o a_o equal_a space_n of_o time_n 6._o this_o vent_n be_v regulate_v i._n e._n make_v quick_a or_o slow_a as_o great_a or_o less_o quantity_n of_o any_o saleable_a commodity_n be_v remove_v out_o of_o the_o way_n and_o course_n of_o trade_n separate_v from_o public_a commerce_n and_o no_o long_o lie_v within_o the_o reach_n of_o exchange_n for_o though_o any_o commodity_n shall_v shift_v hand_n never_o so_o fast_o and_o be_v exchange_v from_o one_o man_n to_o another_o yet_o if_o they_o be_v not_o thereby_o exempt_v from_o trade_n and_o sale_n and_o do_v not_o cease_v to_o be_v any_o long_a traffic_n this_o will_v not_o at_o all_o make_v or_o quicken_v their_o vent_n but_o this_o seldom_o or_o never_o happen_v make_v very_o little_a or_o no_o alteration_n and_o thus_o the_o vent_n be_v alter_v three_o way_n 1._o by_o consumption_n when_o the_o commodity_n in_o its_o use_n be_v destroy_v as_o meat_n drink_v and_o clothes_n etc._n etc._n all_o that_o be_v so_o consume_v be_v quite_o go_v out_o of_o the_o trade_n of_o the_o world_n 2._o exportation_n and_o all_o that_o be_v so_o carry_v away_o be_v go_v out_o of_o the_o trade_n of_o england_n and_o concern_v englishman_n no_o more_o in_o the_o price_n of_o their_o commodity_n among_o themselves_o than_o if_o it_o be_v out_o of_o the_o world_n 3._o buy_v and_o lay_v up_o for_o a_o man_n private_a use._n for_o what_o be_v by_o any_o of_o these_o way_n shut_v out_o of_o the_o market_n and_o no_o long_o movable_a by_o the_o hand_n of_o commerce_n make_v no_o long_o any_o part_n of_o merchantable_a ware_n and_o so_o in_o respect_n of_o trade_n and_o the_o quantity_n of_o any_o commodity_n be_v not_o more_o considerable_a than_o if_o it_o be_v not_o in_o be_v all_o these_o three_o terminate_n at_o last_n in_o consumption_n of_o all_o commodity_n except_v only_a jewel_n and_o plate_n and_o some_o few_o other_o which_o wear_v out_o but_o insensible_o may_v proper_o enough_o pass_v under_o that_o name_n engross_a too_o have_v some_o influence_n on_o the_o present_a vent_n but_o this_o enclose_v some_o considerable_a part_n of_o any_o commodity_n for_o if_o the_o engross_a be_v of_o all_o the_o commodity_n and_o it_o be_v of_o general_a use_n the_o price_n be_v at_o the_o will_n of_o the_o engrosser_n out_o of_o the_o free_a common_a of_o trade_n only_o for_o some_o time_n and_o afterward_o return_v again_o to_o sale_n make_v not_o usual_o so_o sensible_a and_o general_a a_o alteration_n in_o the_o vent_n as_o the_o other_o do_v but_o yet_o influence_n the_o price_n and_o the_o vent_v more_o according_a as_o it_o extend_v its_o self_n to_o a_o large_a portion_n of_o the_o commodity_n and_o hoard_v it_o up_o long_o 7._o most_o other_a portable_a commodity_n except_v jewel_n plate_n etc._n etc._n decay_v quick_o in_o their_o use_n but_o money_n be_v less_o consume_v or_o increase_v i._n e._n by_o slow_a degree_n remove_v from_o or_o bring_v into_o the_o free_a commerce_n of_o any_o country_n than_o the_o great_a part_n of_o other_o merchandise_n and_o so_o the_o proportion_n between_o its_o quantity_n and_o vent_n alter_v slow_a than_o in_o most_o other_o commodity_n it_o be_v common_o look_v on_o as_o a_o stand_a measure_n to_o judge_v of_o the_o value_n of_o all_o thing_n especial_o be_v adapt_v to_o it_o by_o its_o weight_n and_o denomination_n in_o coinage_n 8._o money_n whilst_o the_o same_o quantity_n of_o it_o be_v pass_v up_o and_o down_o the_o kingdom_n in_o trade_n be_v real_o a_o stand_a measure_n of_o the_o fall_n and_o rise_v value_n of_o other_o thing_n in_o reference_n to_o one_o another_o and_o the_o alteration_n of_o price_n be_v true_o in_o they_o only_o but_o if_o you_o increase_v or_o lessen_v the_o quantity_n of_o money_n current_n in_o traffic_n in_o any_o place_n than_o the_o alteration_n of_o value_n be_v in_o the_o money_n and_o if_o at_o the_o same_o time_n wheat_n keep_v its_o proportion_n of_o vent_n to_o quantity_n money_n to_o speak_v true_o alter_v its_o worth_n and_o wheat_n do_v not_o though_o it_o sell_v for_o a_o great_a or_o less_o price_n than_o it_o do_v before_o for_o money_n be_v look_v upon_o as_o the_o stand_a measure_n of_o other_o commodity_n man_n consider_v and_o speak_v of_o it_o still_o as_o if_o it_o be_v a_o stand_a measure_n though_o when_o it_o have_v vary_v its_o quantity_n it_o be_v plain_a it_o be_v not_o 9_o but_o the_o value_n or_o price_n of_o all_o commodity_n among_o which_o money_n
pass_v in_o trade_n be_v true_o one_o consist_v in_o proportion_n you_o alter_v this_o as_o you_o do_v all_o other_o proportion_n whether_o you_o increase_v one_o or_o lessen_v the_o other_o in_o all_o other_o commodity_n the_o owner_n when_o they_o design_v they_o for_o traffic_n endeavour_v as_o much_o as_o they_o can_v to_o have_v they_o vent_v and_o go_v i._n e._n remove_v out_o of_o the_o reach_n of_o commerce_n and_o exchange_n by_o consumption_n exportation_n or_o lay_v up_o which_o vent_n be_v sometime_o slow_a and_o sometime_o quick_a but_o money_n never_o lie_v upon_o people_n hand_n or_o want_v vent_n for_o any_o one_o may_v part_v with_o it_o in_o exchange_n when_o he_o please_v the_o endeavour_n of_o the_o public_a and_o almost_o every_o body_n be_v to_o keep_v it_o from_o vent_v or_o consume_v i._n e._n exportation_n or_o hoard_v up_o which_o be_v its_o proper_a consumption_n the_o vent_n of_o money_n therefore_o be_v always_o sufficient_a or_o more_o than_o enough_o its_o quantity_n alone_o be_v enough_o to_o regulate_v and_o determine_v its_o value_n without_o consider_v any_o proportion_n between_o its_o quantity_n and_o vent_n as_o in_o other_o commodity_n 10._o therefore_o lessen_v of_o use_n not_o bring_v one_o penny_n of_o money_n more_o into_o the_o trade_n or_o exchange_n of_o any_o country_n but_o rather_o draw_v it_o away_o from_o trade_n and_o so_o make_v it_o less_o do_v not_o at_o all_o sink_v its_o value_n and_o make_v it_o buy_v less_o of_o any_o commodity_n but_o rather_o more_o 11._o that_o which_o raise_v the_o natural_a interest_n of_o money_n be_v the_o same_o that_o raise_v the_o rent_n of_o land_n i._n e._n its_o aptness_n to_o bring_v in_o yearly_a to_o he_o that_o manage_n it_o a_o great_a overplus_n of_o income_n above_o his_o rent_n as_o a_o reward_n to_o his_o labour_n that_o which_o cause_v this_o in_o land_n be_v the_o great_a quantity_n of_o its_o product_n in_o proportion_n to_o the_o same_o vent_n of_o that_o particular_a fruit_n or_o the_o same_o quantity_n of_o product_n in_o proportion_n to_o a_o great_a vent_n of_o that_o single_a commodity_n but_o that_o which_o cause_v increase_v of_o profit_n to_o the_o borrower_n of_o money_n be_v the_o less_o quantity_n of_o money_n in_o proportion_n to_o trade_n or_o to_o the_o vent_n of_o all_o commodity_n take_v together_o &_o vice_fw-la versa_fw-la 12._o the_o natural_a value_n of_o money_n as_o it_o be_v apt_a to_o yield_v such_o a_o yearly_a income_n by_o interest_n depend_v on_o the_o whole_a quantity_n of_o the_o then_o pass_v money_n of_o the_o kingdom_n in_o proportion_n to_o the_o whole_a trade_n of_o the_o kingdom_n i._n e._n the_o general_a vent_n of_o all_o the_o commodity_n but_o the_o natural_a value_n of_o money_n in_o exchange_v for_o any_o one_o commodity_n be_v the_o quantity_n of_o the_o trade_n money_n of_o the_o kingdom_n design_v for_o that_o commodity_n in_o proportion_n to_o that_o single_a commodity_n and_o its_o vent_n for_o though_o any_o single_a man_n necessity_n and_o want_n either_o of_o money_n or_o any_o species_n of_o commodity_n be_v know_v may_v make_v he_o pay_v dear_a for_o money_n or_o that_o commodity_n yet_o this_o be_v but_o a_o particular_a case_n that_o do_v not_o at_o the_o same_o time_n alter_v this_o constant_a and_o general_a rule_n 13._o that_o suppose_v wheat_n a_o stand_a measure_n that_o be_v that_o there_o be_v constant_o the_o same_o quantity_n of_o it_o in_o proportion_n to_o its_o vent_n we_o shall_v find_v money_n to_o run_v the_o same_o variety_n of_o change_n in_o its_o value_n as_o all_o other_o commodity_n do_v now_o that_o wheat_n in_o england_n do_v come_v near_o to_o a_o stand_a measure_n be_v evident_a by_o compare_v wheat_n with_o other_o commodity_n money_n and_o the_o yearly_a income_n of_o land_n in_o hen._n 7._o time_n and_o now_o for_o suppose_v 1_o hen._n 7._o n._n let_v 100_o acre_n of_o land_n to_o a._n for_o 6_o d._n per_fw-la an._n per_fw-la acre_n rack-rentâ—_a and_o to_o b._n another_o 100_o acre_n of_o land_n oâ—_n the_o same_o soil_n and_o yearly_a worth_n with_o the_o former_a for_o a_o bushel_n of_o wheat_n per_fw-la acreâ—_n rack-rent_a a_o bushel_n of_o wheat_n about_o that_o time_n be_v probable_o sell_v for_o about_o 6_o d._n it_o be_v then_o a_o equal_a rent_n if_o therefore_o these_o lease_n be_v for_o year_n yet_o to_o come_v it_o be_v certain_a that_o he_o that_o pay_v 6_o d._n per_fw-la acre_n will_v pay_v now_o 50_o s._n per_fw-la an._n and_o he_o that_o pay_v a_o bushel_n of_o wheat_n per_fw-la acre_n will_v pay_v about_o 25_o l._n per_fw-la an._n which_o will_v be_v neâ—r_n about_o the_o yearly_a value_n of_o the_o landâ—_n be_v it_o to_o be_v let_v now_o the_o reason_n where_o of_o be_v this_o that_o there_o be_v ten_o time_n aâ—_n much_o silver_n now_o in_o the_o world_n the_o discovery_n of_o the_o west-indies_a have_v make_v the_o plenty_n as_o there_o be_v then_o it_o be_v 9_o 1â—_n less_o worth_a now_o than_o it_o be_v at_o that_o time_n that_o be_v it_o will_v exchange_v for_o 9_o 1â—_n less_o of_o any_o commodity_n now_o which_o bear_v the_o same_o proportion_n to_o its_o vent_n as_o it_o do_v 200_o year_n since_o which_o of_o all_o other_o commoditiesâ—_n wheat_n be_v likely_a to_o do_v for_o in_o england_n and_o this_o part_n of_o the_o world_n wheat_n be_v thâ—_n constant_a and_o most_o general_a food_n not_o alter_v with_o the_o fashion_n not_o grow_v by_o chance_n but_o as_o the_o farmer_n sow_n more_o or_o less_o of_o it_o which_o they_o endeavour_v to_o proportion_n as_o near_o as_o can_v be_v guess_v to_o the_o consumption_n abstract_v the_o overplus_a of_o the_o precedent_a year_n in_o their_o provision_n for_o the_o next_o and_o vice_n versâ_fw-la it_o must_v needs_o fall_v out_o that_o it_o keep_v the_o near_a proportion_n to_o its_o consumption_n which_o be_v more_o study_v and_o design_v in_o this_o than_o other_o commodity_n of_o any_o thing_n if_o you_o take_v it_o for_o 7_o or_o 20_o year_n together_o though_o perhaps_o the_o plenty_n or_o scarcity_n of_o one_o year_n cause_v by_o the_o accident_n of_o the_o season_n may_v very_o much_o vary_v it_o from_o the_o immediate_o precedent_n or_o the_o follow_v wheat_n therefore_o in_o this_o part_n of_o the_o world_n and_o that_o grain_n which_o be_v the_o constant_a general_a food_n of_o any_o other_o country_n be_v the_o fit_a measure_n to_o judge_v of_o the_o alter_a value_n of_o thing_n in_o any_o long_a tract_n of_o time_n and_o therefore_o wheat_n here_o rice_n in_o turkey_n etc._n etc._n be_v the_o fit_a thing_n to_o reserve_v a_o rent_n in_o which_o be_v design_v to_o be_v constant_o the_o same_o for_o all_o future_a age_n but_o money_n be_v the_o best_a measure_n of_o the_o alter_a value_n of_o thing_n in_o a_o few_o year_n because_o its_o vent_n be_v the_o same_o and_o its_o quantity_n alter_v slow_o but_o wheat_n or_o any_o other_o grain_n can_v serve_v instead_o of_o mony_n because_o of_o its_o bulkiness_n and_o too_o quick_a change_n of_o its_o quantity_n for_o have_v i_o a_o bond_n to_o pay_v i_o 100_o bushel_n of_o wheat_n next_o year_n it_o may_v be_v ¾_n loss_n or_o gain_n to_o i_o too_o great_a a_o inequality_n and_o uncertainty_n to_o be_v venture_v in_o trade_n beside_o the_o different_a goodness_n of_o several_a parcel_n of_o wheat_n in_o the_o same_o year_n 14._o that_o suppose_v any_o island_n separate_v from_o the_o commerce_n of_o the_o rest_n of_o mankind_n if_o gold_n and_o silver_n or_o whatever_o else_o so_o it_o be_v last_v be_v their_o money_n if_o they_o have_v but_o a_o certain_a quantity_n of_o it_o and_o can_v get_v no_o more_o that_o will_v be_v a_o steady_a stand_a measure_n of_o the_o value_n of_o all_o other_o thing_n 15._o that_o if_o in_o any_o country_n they_o use_v for_o money_n any_o last_a material_a whereof_o there_o be_v not_o any_o more_o to_o be_v get_v and_o so_o can_v be_v increase_v or_o be_v of_o no_o other_o use_n the_o rest_n of_o the_o world_n do_v not_o value_v it_o and_o so_o it_o be_v not_o like_a to_o be_v diminish_v this_o also_o will_v be_v a_o steady_a stand_a measure_n of_o the_o value_n of_o other_o commodity_n 16._o that_o in_o a_o country_n where_o they_o have_v such_o a_o stand_a measure_n any_o quantity_n of_o that_o money_n if_o it_o be_v but_o so_o much_o that_o every_o body_n may_v have_v some_o will_v serve_v to_o drive_v any_o proportion_n of_o trade_n whether_o more_a or_o less_o there_o be_v counter_n enough_o to_o reckon_v by_o and_o the_o value_n of_o the_o pledge_n be_v still_o sufficient_a as_o constant_o increase_n with_o the_o plenty_n of_o the_o commodity_n but_o these_o three_o last_o be_v build_v on_o supposition_n that_o be_v
not_o like_a to_o be_v find_v in_o the_o practice_n of_o mankind_n since_o navigation_n and_o commerce_n have_v bring_v all_o part_n acquaint_v with_o one_o another_o and_o introduce_v the_o use_n of_o gold_n and_o silver_n money_n into_o all_o trade_n part_n of_o the_o world_n they_o serve_v rather_o to_o give_v we_o some_o light_n into_o the_o nature_n of_o money_n than_o to_o teach_v here_o a_o new_a measure_n of_o traffic_n though_o it_o be_v certain_a that_o that_o part_n of_o the_o world_n which_o breed_v most_o of_o our_o gold_n and_o silver_n use_v least_o of_o it_o in_o exchange_n and_o use_v it_o not_o for_o money_n 17._o that_o therefore_o in_o any_o country_n that_o have_v commerce_n with_o the_o rest_n of_o the_o world_n it_o be_v almost_o impossible_a now_o to_o be_v without_o the_o use_n of_o silver_n coin_n and_o have_v money_n of_o that_o and_o account_n keep_v in_o such_o money_n it_o be_v impossible_a to_o have_v any_o stand_n unalterable_a measure_n of_o the_o value_n of_o thing_n for_o while_o the_o mine_n supply_v to_o mankind_n more_o than_o waste_v and_o consume_v in_o its_o use_n the_o quantity_n of_o it_o will_v daily_o grow_v great_a in_o respect_n of_o other_o commodity_n and_o its_o value_n less_o 18._o that_o in_o a_o country_n that_o have_v open_a commerce_n with_o the_o rest_n of_o the_o world_n and_o use_v money_n make_v of_o the_o same_o material_n with_o their_o neighbour_n any_o quantity_n of_o that_o money_n will_v not_o serve_v to_o drive_v any_o quantity_n of_o trade_n but_o that_o there_o must_v be_v a_o certain_a proportion_n between_o money_n and_o trade_n the_o reason_n whereof_o be_v this_o because_o to_o keep_v your_o trade_n go_v without_o loss_n your_o comodities_n among_o you_o must_v keep_v a_o equal_a or_o at_o least_o near_o the_o price_n of_o the_o same_o species_n of_o commodity_n in_o the_o neighbour_n country_n which_o they_o can_v do_v if_o your_o money_n be_v far_o less_o than_o in_o other_o country_n for_o then_o either_o your_o commodity_n must_v be_v sell_v very_o cheap_a or_o a_o great_a part_n of_o your_o trade_n must_v stand_v still_o there_o not_o be_v money_n enough_o in_o the_o country_n to_o pay_v for_o they_o in_o their_o shift_n of_o hand_n at_o that_o high_a price_n which_o the_o plenty_n and_o consequent_o low_a value_n of_o money_n make_v they_o at_o in_o another_o country_n for_o the_o value_n of_o money_n in_o general_n be_v the_o quantity_n of_o all_o the_o money_n in_o the_o world_n in_o proportion_n to_o all_o the_o trade_n but_o the_o value_n of_o money_n in_o any_o one_o country_n be_v the_o present_a quantity_n of_o the_o current_a money_n in_o that_o country_n in_o proportion_n to_o the_o present_a trade_n suppose_v then_o that_o we_o have_v now_o in_o england_n but_o half_a as_o much_o money_n as_o we_o have_v seven_o year_n ago_o and_o yet_o have_v still_o as_o much_o yearly_a product_n of_o commodity_n as_o many_o hand_n to_o work_v they_o and_o as_o many_o broker_n to_o disperse_v thâ—m_n as_o before_o and_o that_o the_o rest_n of_o the_o world_n we_o trade_n with_o have_v as_o much_o money_n as_o they_o have_v before_o for_o it_o be_v likely_a they_o shall_v have_v more_o by_o our_o moiety_n share_v among_o they_o it_o be_v certain_a that_o either_o half_a our_o rent_n shall_v not_o be_v pay_v half_a our_o commodity_n not_o vent_v and_o half_a our_o labourer_n not_o employ_v and_o so_o half_a the_o trade_n be_v clear_o lose_v or_o else_o that_o every_o one_o of_o these_o must_v receive_v but_o half_a the_o money_n for_o their_o commodity_n and_o labour_n they_o do_v before_o and_o but_o half_a so_o much_o as_o our_o neighbour_n do_v receive_v for_o the_o same_o labour_n and_o same_o natural_a product_n at_o the_o same_o time_n which_o though_o it_o will_v make_v no_o scarcity_n of_o our_o native_a commodity_n among_o we_o yet_o it_o will_v have_v these_o ill_a consequence_n 1._o it_o will_v make_v our_o native_a commodity_n vent_v very_o cheap_a 2._o it_o will_v make_v all_o foreign_a commodity_n very_o dear_a both_o which_o will_v keep_v we_o poor_a for_o the_o merchant_n make_v silver_n and_o gold_n his_o measure_n and_o consider_v what_o the_o foreign_a commodity_n cost_v he_o i._n e._n how_o many_o ounce_n of_o silver_n in_o the_o country_n where_o money_n be_v more_o plenty_n i._n e._n cheaper_o and_o consider_v too_o how_o many_o ounce_n of_o silver_n it_o will_v yield_v he_o in_o another_o country_n will_v not_o part_v with_o it_o here_o but_o for_o the_o same_o quantity_n of_o silver_n or_o as_o much_o as_o that_o silver_n will_v buy_v here_o of_o our_o commodity_n which_o will_v be_v a_o great_a deal_n more_o than_o in_o another_o place_n so_o that_o in_o all_o our_o exchange_n of_o native_a for_o foreign_a commodity_n we_o pay_v double_v the_o value_n that_o any_o other_o country_n do_v where_o money_n be_v in_o great_a plenty_n this_o indeed_o will_v make_v a_o dearness_n and_o in_o time_n a_o scarcity_n of_o foreign_a commodity_n which_o be_v not_o the_o worst_a inconveniency_n that_o it_o bring_v upon_o we_o suppose_v they_o not_o absolute_o necessary_a but_o 3._o it_o endanger_v the_o draw_v away_o our_o people_n both_o handicraft_n mariner_n and_o soldiers_z who_o be_v apt_a to_o go_v where_o their_o pay_n be_v best_a which_o will_v always_o be_v where_o there_o be_v great_a plenty_n of_o money_n and_o in_o time_n of_o war_n must_v needs_o bring_v great_a distress_n 19_o upon_o this_o measure_n too_o it_o be_v that_o the_o variation_n of_o exchange_n of_o money_n between_o several_a country_n do_v somewhat_o depend_v for_o it_o be_v certain_a that_o one_o ounce_n of_o silver_n be_v always_o of_o equal_a value_n to_o another_o ounce_n of_o silver_n consider_v in_o its_o intrinsic_a worth_n or_o in_o reference_n to_o the_o universal_a trade_n of_o the_o world_n but_o it_o be_v not_o of_o the_o same_o value_n at_o the_o same_o time_n in_o several_a part_n of_o the_o world_n but_o be_v of_o most_o worth_a in_o that_o country_n where_o there_o be_v the_o least_o money_n in_o proportion_n to_o its_o trade_n and_o therefore_o man_n may_v afford_v to_o give_v 20_o ounce_n of_o silver_n in_o one_o place_n to_o receive_v 18_o or_o 19_o ounce_n of_o silver_n in_o another_o but_o this_o be_v not_o all_o to_o this_o then_o to_o find_v out_o the_o alteration_n of_o the_o exchange_n the_o overbalance_n of_o the_o trade_n must_v be_v take_v into_o consideration_n and_o these_o two_o together_o regulate_v the_o exchange_n in_o all_o the_o commerce_n of_o the_o world_n and_o in_o both_o the_o increase_n of_o the_o exchange_n i._n e._n receive_v a_o great_a quantity_n of_o silver_n for_o that_o be_v the_o measure_n let_v the_o coin_n or_o the_o denomination_n be_v what_o it_o will_v in_o one_o country_n for_o a_o less_o quantity_n of_o silver_n pay_v in_o another_o country_n depend_v upon_o one_o and_o the_o same_o thing_n viz._n the_o great_a plenty_n of_o money_n in_o one_o country_n than_o in_o the_o other_o only_o with_o this_o difference_n that_o where_o the_o overbalance_n of_o trade_n raise_v the_o exchange_n above_o the_o par_fw-fr there_o it_o be_v the_o plenty_n of_o money_n which_o private_a merchant_n have_v in_o one_o country_n which_o they_o desire_v to_o remove_v into_o another_o but_o where_o the_o riches_n of_o the_o country_n raise_v the_o exchange_n above_o the_o par_fw-fr there_o it_o be_v the_o plenty_n of_o the_o money_n in_o the_o whole_a country_n in_o one_o the_o merchant_n have_v more_o money_n or_o debt_n which_o be_v all_o one_o in_o a_o foreign_a country_n than_o his_o trade_n there_o will_v employ_v and_o so_o be_v willing_a to_o allow_v upon_o exchange_n to_o he_o abroad_o that_o shall_v pay_v he_o ready_a money_n at_o home_n 1_o 2_o 3_o etc._n etc._n per_fw-la cent._n more_o or_o less_o proportionable_o as_o he_o or_o his_o countrymens_n plenty_n of_o ready_a money_n abroad_o the_o danger_n of_o leave_v it_o there_o or_o the_o difficulty_n of_o bring_v it_o home_o in_o specie_fw-la and_o his_o present_a need_n of_o money_n at_o home_n be_v great_a or_o lesi_n in_o the_o other_o the_o whole_a country_n have_v more_o money_n than_o can_v well_o be_v employ_v in_o the_o trade_n thereof_o or_o at_o least_o the_o proportion_n of_o the_o money_n to_o the_o trade_n be_v great_a than_o in_o the_o neighbour_a country_n where_o the_o exchange_n be_v below_o the_o par._n for_o suppose_v the_o balance_n of_o trade_n to_o be_v equal_a between_o england_n and_o holland_n but_o that_o there_o be_v in_o holland_n a_o great_a plenty_n of_o money_n than_o in_o england_n which_o will_v appear_v by_o the_o lowness_n of_o the_o national_a use_v in_o holland_n and_o the_o height_n of_o the_o national_a use_v in_o england_n and_o also_o by_o the_o
dearness_n of_o food_n and_o labour_n in_o general_n in_o holland_n and_o the_o cheapness_n of_o it_o in_o england_n if_o n._n have_v 10000_o l._n in_o holland_n which_o the_o great_a advantage_n he_o can_v make_v of_o it_o in_o england_n either_o by_o use_n or_o purchase_n tempt_v he_o to_o transfer_v into_o england_n it_o be_v probable_a he_o will_v give_v as_o much_o to_o a_o merchant_n in_o holland_n to_o pay_v he_o 10000_o l._n in_o england_n as_o the_o insurance_n of_o that_o time_n between_o holland_n and_o england_n be_v worth_a which_o if_o it_o be_v in_o a_o country_n where_o the_o exportation_n of_o bullion_n be_v prohibit_v he_o must_v pay_v the_o more_o because_o his_o venture_n if_o he_o carry_v it_o in_o specie_fw-la will_v be_v great_a and_o upon_o this_o ground_n perhaps_o the_o prohibit_v the_o exportation_n of_o money_n out_o of_o england_n under_o penalty_n may_v be_v of_o some_o use_n by_o make_v the_o rate_n of_o the_o exchange_n great_a upon_o those_o country_n who_o import_n upon_o we_o more_o than_o they_o export_v in_o commodity_n and_o so_o retain_v some_o part_n of_o the_o money_n which_o their_o overbalance_n of_o trade_n will_v carry_v away_o from_o we_o though_o after_o all_o if_o we_o be_v overballanced_a in_o trade_n it_o must_v go_v but_o since_o the_o holland_n merchant_n can_v receive_v n_o his_o 10000_o l._n in_o money_n in_o holland_n and_o pay_v he_o 10000_o l._n in_o england_n unless_o his_o overbalance_n of_o trade_n make_v englishman_n indebt_v to_o he_o 10000_o l._n in_o money_n which_o he_o be_v not_o like_a to_o take_v in_o commodity_n i_o think_v the_o overbalance_n of_o trade_n be_v that_o which_o chief_o raise_v the_o exchange_n in_o any_o country_n and_o that_o plenty_n of_o money_n in_o any_o country_n do_v it_o only_o for_o so_o much_o of_o the_o money_n as_o be_v transfer_v either_o to_o be_v let_v out_o to_o use_v or_o to_o be_v spend_v there_o and_o though_o lend_v to_o foreigner_n upon_o use_n do_v not_o at_o all_o alter_v the_o balance_n of_o trade_n between_o those_o country_n yet_o it_o do_v alter_v the_o exchange_n between_o those_o country_n for_o so_o much_o as_o be_v lend_v upon_o use_n by_o not_o call_v away_o the_o money_n that_o shall_v follow_v the_o overbalance_n of_o trade_n but_o let_v it_o rest_v there_o as_o if_o it_o be_v account_v for_o all_o one_o as_o if_o the_o balance_n of_o trade_n be_v for_o so_o much_o alter_v but_o this_o be_v not_o much_o in_o comparison_n of_o the_o generâ—â—_n traffic_n between_o two_o nation_n or_o at_o leaâ—â—_n vary_v slow_a the_o merchant_n too_o regulate_v the_o exchange_n and_o not_o the_o usurer_n i_o suppose_v it_o be_v the_o present_a balance_n of_o trade_n on_o which_o the_o exchange_n immediâ—ately_o and_o chief_o depend_v unless_o some_o accident_n shall_v make_v a_o great_a deal_n of_o money_n be_v remit_v at_o the_o same_o time_n from_o one_o place_n to_o another_o which_o will_v for_o the_o timeraise_n the_o exchange_n all_o one_o as_o a_o overbalance_n of_o trade_n and_o indeed_o when_o examine_v be_v general_o very_o little_a different_a from_o itâ—_n to_o be_v able_a to_o estimate_v the_o par_fw-fr with_o the_o rise_n and_o fall_v of_o the_o exchange_n it_o be_v necessary_a to_o know_v the_o intrinsic_a value_n iâ—_n how_o much_o silver_n be_v in_o the_o coin_n of_o thâ—_n two_o country_n by_o which_o you_o reckon_v and_o charge_v the_o bill_n of_o exchange_n sir_n if_o i_o have_v be_v lead_v a_o little_a too_o fâ—â—_n from_o one_o thing_n to_o another_o in_o the_o consideratâ—â—on_n of_o money_n i_o beg_v your_o pardon_n hâ—_n puâ—â—â—_n that_o these_o particular_n will_v afford_v some_o ligâ—â—_n to_o our_o present_a subject_n to_o return_v to_o the_o price_n of_o land_n by_o which_o have_v be_v abovesaid_a it_o be_v evident_a that_o the_o year_n purchase_v of_o land_n do_v not_o increase_v with_o the_o fall_n of_o interest_n and_o the_o abate_v that_o good_a quality_n in_o money_n of_o yield_v yearly_o six_o pâ—r_n cenâ—_n to_o four_o do_v not_o present_o so_o sink_v its_o value_n in_o respect_n of_o land_n that_o 1_o â—_o part_n more_o be_v require_v in_o exchange_n that_o be_v that_o fall_v of_o interest_n from_o six_o to_o four_o will_v not_o raise_v land_n from_o twenty_o to_o thirty_o year_n purchase_n the_o raise_n and_o fall_v of_o the_o price_n of_o land_n as_o of_o other_o thing_n depend_v much_o on_o the_o quantity_n of_o land_n set_v to_o sale_n compare_v with_o the_o quantity_n of_o money_n design_v for_o that_o traffic_n or_o which_o amount_v to_o the_o same_o thing_n upon_o the_o number_n of_o buyer_n and_o seller_n for_o where_o there_o be_v many_o seller_n and_o few_o purchaser_n though_o interest_n be_v lessen_v land_n will_v be_v cheap_a as_o i_o have_v already_o show_v at_o least_o this_o be_v certain_a that_o make_v a_o law_n to_o reduce_v interest_n will_v not_o raise_v the_o price_n of_o land_n it_o will_v only_o by_o drive_v it_o more_o into_o the_o banker_n hand_n leave_v the_o country_n bare_a of_o money_n whereby_o if_o the_o price_n of_o land_n about_o london_n shall_v be_v accident_o raise_v that_o of_o remote_a country_n will_v thereby_o have_v few_o purchaser_n and_o at_o low_a rate_n this_o be_v so_o that_o the_o low_a rate_n of_o land_n depend_v much_o on_o the_o great_a number_n of_o seller_n in_o proportion_n to_o purchaser_n the_o next_o thing_n to_o be_v inquire_v into_o be_v what_o make_v plenty_n of_o seller_n and_o to_o that_o the_o answer_n be_v obvious_a general_a ill_a husbandry_n and_o the_o consequence_n of_o it_o debt_n if_o a_o neglect_n of_o government_n and_o religion_n ill_a example_n and_o deprave_a education_n have_v introduce_v debauchery_n and_o art_n or_o chance_n have_v make_v it_o fashionable_a for_o man_n to_o live_v beyond_o their_o estate_n debt_n will_v increase_v and_o multiply_v and_o draw_v with_o they_o a_o necessity_n on_o man_n first_o of_o encumber_v and_o then_o sell_v their_o estate_n this_o be_v general_o the_o cause_n why_o man_n part_v with_o their_o land_n and_o i_o think_v there_o be_v scarce_o one_o of_o a_o hundred_o that_o think_v of_o sell_v his_o patrimony_n till_o mortgage_n have_v pretty_a well_o eat_v into_o the_o freehold_a and_o the_o weight_n of_o grow_a debt_n force_v a_o man_n whether_o he_o will_v or_o no_o out_o of_o his_o possession_n when_o almost_o be_v there_o ever_o a_o clear_a and_o unincumbred_a estate_n set_v to_o sale_n it_o be_v seldom_o a_o thrive_a man_n turn_v his_o land_n into_o money_n to_o make_v the_o great_a advantage_n the_o example_n of_o it_o be_v so_o rare_a that_o they_o be_v scarce_o of_o any_o consideration_n in_o the_o number_n of_o seller_n this_o i_o think_v may_v be_v the_o reason_n why_o in_o queen_n elizabeth_n day_n when_o sobriety_n frugality_n and_o industry_n bring_v in_o daiâ—y_a increase_n to_o the_o grow_a wealth_n of_o the_o kingdom_n â—and_v keep_v up_o its_o price_n and_o sell_v for_o more_o year_n purchase_v than_o correspond_v to_o the_o interest_n of_o money_n then_o busy_o imployâ—d_v in_o a_o thrive_a trade_n which_o make_v the_o natural_a interest_n much_o high_a than_o it_o be_v now_o as_o well_o as_o the_o parliament_n than_o set_v it_o high_o by_o law_n on_o the_o contrary_a side_n what_o make_v scarcity_n of_o purchaser_n 1._o the_o same_o reason_n ill_a husbandry_n when_o the_o tradesman_n live_v up_o to_o the_o height_n of_o his_o income_n and_o the_o vanity_n of_o expense_n either_o drain_v the_o merchant_n coffer_n or_o keep_v they_o from_o overflow_a he_o seldom_o think_v of_o purchase_v buy_v of_o land_n be_v the_o result_n of_o a_o full_a and_o satiate_v gain_n and_o man_n in_o trade_n seldom_o think_v of_o lay_v out_o their_o money_n upon_o land_n till_o their_o profit_n have_v bring_v they_o in_o more_o than_o their_o trade_n can_v well_o employ_v and_o their_o idle_a bag_n cumbr_v their_o count_a house_n put_v they_o upon_o empty_v they_o on_o a_o purchase_n 2._o another_o thing_n that_o make_v a_o scarcity_n of_o buyer_n of_o land_n be_v doubtful_a and_o ill_a title_n where_o these_o be_v frequent_a and_o fatal_a one_o can_v no_o more_o expect_v that_o man_n who_o have_v money_n shall_v be_v forward_o to_o purchase_v than_o ship_n rich_o lade_v to_o venture_v themselves_o among_o rock_n and_o quicksand_n it_o be_v no_o wonder_n such_o sea_n shall_v not_o be_v much_o frequent_v where_o the_o example_n and_o remain_v of_o daily_a wreck_n show_v the_o â—olly_n and_o hazard_n of_o the_o venture_n in_o the_o number_n of_o those_o who_o have_v miscarry_v 3._o a_o general_a decay_n of_o trade_n discourage_v man_n from_o purchasingâ—_n for_o this_o threaten_v a_o universal_a poverty_n which_o be_v sure_a to_o fall_v first_o and_o heavy_a upon_o land_n the_o merchant_n who_o furnish_v the_o
so_o trade_v for_o on_o borrow_a money_n be_v but_o the_o ouâ—â—ballance_n of_o our_o exportation_n to_o our_o importation_n the_o kingdom_n get_v by_o this_o borrow_v so_o much_o as_o whatsoever_o the_o merchant_n gain_n be_v above_o his_o use._n but_o if_o we_o borrow_v only_o for_o our_o own_o expense_n we_o grow_v double_o poor_a by_o pay_v money_n for_o the_o commodity_n we_o consume_v and_o use_v for_o that_o money_n though_o the_o merchant_n get_v all_o this_o while_n by_o make_v return_v great_a than_o his_o use._n and_o therefore_o borrow_v of_o foreigner_n in_o itself_o make_v not_o the_o kingdom_n rich_a or_o poor_a for_o it_o may_v do_v either_o but_o spend_v more_o than_o our_o fruit_n or_o manufacture_n will_v pay_v for_o bring_v in_o poverty_n and_o poverty_n borrow_v for_o money_n as_o necessary_a to_o trade_n may_v be_v double_o consider_v first_o as_o in_o his_o hand_n that_o pay_v the_o labourer_n and_o land-holder_n for_o here_o its_o motion_n terminate_v and_o through_o who_o hand_n soever_o it_o pass_v between_o these_o he_o be_v but_o a_o broker_n and_o if_o this_o man_n want_v money_n as_o for_o example_n the_o clothier_n the_o manufacture_n be_v not_o make_v and_o so_o the_o trade_n stop_v and_o be_v lose_v or_o second_o money_n may_v be_v consider_v as_o in_o the_o hand_n of_o the_o consumer_n under_o which_o name_n i_o here_o reckon_v the_o merchant_n who_o buy_v the_o commodity_n when_o make_v to_o export_v and_o if_o he_o want_v money_n the_o value_n of_o the_o commodity_n when_o make_v be_v lessen_v and_o so_o the_o kingdom_n lose_v in_o the_o price_n if_o therefore_o use_v he_o lessenedâ—_n and_o you_o can_v tie_v foreigner_n to_o your_o term_n than_o the_o ill_a effect_n fall_v only_o upon_o your_o own_o landholders_n and_o artisan_n if_o foreigner_n can_v be_v force_v by_o your_o law_n to_o lend_v you_o money_n only_o at_o your_o own_o rate_n or_o not_o lend_v at_o all_o be_v it_o not_o more_o likely_a they_o will_v rather_o take_v it_o home_o and_o think_v it_o safe_o in_o their_o own_o country_n at_o four_o per_fw-la câ—nt_fw-la than_o abroad_o nor_o can_v their_o overplus_n of_o money_n bring_v they_o to_o lend_v to_o you_o on_o your_o term_n for_o when_o your_o merchant_n want_v of_o money_n shall_v have_v sink_v the_o price_n of_o your_o market_n a_o dutchman_n will_v find_v it_o more_o gain_n to_o buy_v your_o commodity_n himself_o than_o lend_v his_o money_n at_o four_o per_fw-la cent._n to_o a_o english_a merchant_n to_o trade_n with_o nor_o will_v the_o act_n of_o navigation_n hinder_v their_o come_n by_o make_v they_o come_v empty_a since_o even_o al-already_a there_o be_v those_o who_o think_v that_o many_o who_o go_v for_o english_a merchant_n be_v but_o dutch_a factor_n and_o trade_n for_o other_o in_o their_o own_o name_n the_o kingdom_n therefore_o will_v lose_v by_o it_o if_o it_o make_v foreigner_n withdraw_v any_o of_o their_o money_n as_o well_o as_o if_o it_o hinder_v any_o of_o your_o people_n from_o lend_v they_o where_o trade_n have_v need_n of_o it_o in_o a_o treatise_n write_v on_o purpose_n for_o the_o bring_n down_o of_o interest_n i_o find_v this_o argument_n of_o foreigner_n call_v away_o their_o money_n to_o the_o prejudice_n of_o our_o trade_n thus_o answer_v that_o the_o money_n of_o foreigner_n be_v not_o bring_v into_o the_o land_n by_o read_v 〈◊〉_d bullion_n but_o by_o good_n or_o bill_n of_o exchange_n and_o when_o it_o be_v pay_v must_v be_v return_v by_o good_n or_o bill_n of_o exchange_n and_o there_o will_v not_o be_v the_o less_o money_n in_o the_o land_n i_o can_v not_o but_o wonder_v to_o see_v a_o man_n who_o undertake_v to_o write_v of_o money_n and_o interest_n talk_v so_o direct_o beside_o the_o matter_n in_o the_o business_n of_o trade_n foreigner_n money_n he_o say_v be_v not_o bring_v into_o the_o land_n by_o ready_a coin_n or_o bullion_n but_o by_o good_n or_o bill_n of_o exchange_n how_o then_o do_v we_o come_v by_o pullion_n or_o money_n for_o gold_n grow_v not_o that_o i_o know_v in_o our_o country_n and_o silver_n so_o little_a that_o one_o hundred_o thousand_o part_n of_o the_o silver_n we_o have_v now_o in_o england_n be_v not_o draw_v out_o of_o any_o mine_n in_o this_o island_n if_o he_o mean_v that_o the_o moneyed_a man_n in_o holland_n who_o put_v out_o his_o money_n at_o interest_n here_o do_v not_o send_v it_o over_o in_o pullion_n or_o specie_fw-la hither_o that_o may_v be_v true_a or_o false_a but_o either_o way_n help_v not_o that_o author_n purpose_n for_o if_o he_o pay_v his_o money_n to_o a_o merchant_n his_o neighbour_n and_o take_v his_o pill_n for_o it_o here_o in_o england_n he_o do_v the_o same_o thing_n as_o if_o he_o have_v send_v over_o that_o money_n since_o he_o do_v but_o make_v that_o merchant_n 〈◊〉_d in_o england_n the_o money_n which_o â—e_n have_v due_a to_o he_o there_o and_o otherwise_o will_v carry_v away_o 〈◊〉_d say_v our_o author_n 〈…〉_z i_o must_v not_o be_v pay_v and_o export_v in_o ready_a money_n so_o say_v our_o law_n indeed_o but_o that_o be_v a_o law_n to_o hedge_v in_o the_o cookoe_n and_o serve_v to_o no_o purpose_n for_o if_o we_o export_v not_o good_n for_o which_o our_o merchant_n have_v money_n due_a to_o they_o in_o holland_n how_o can_v it_o be_v pay_v by_o bill_n of_o exchange_n and_o for_o goods_n 100_o l._n worth_n of_o good_n can_v no_o where_o pay_n 200_o l._n in_o money_n this_o be_v that_o which_o i_o find_v many_o man_n deceive_v themselves_o with_o in_o trade_n it_o may_v be_v worth_a while_n to_o make_v it_o a_o little_a plain_o let_v we_o suppose_v england_n people_v as_o it_o be_v now_o and_o its_o woollen_a manufacture_n in_o the_o same_o state_n and_o perfection_n that_o it_o be_v at_o present_a and_o that_o we_o have_v no_o money_n at_o all_o trade_n with_o this_o our_o woollen_a manufacture_n for_o the_o value_n of_o 200000_o l._n yearly_a to_o spain_n where_o there_o actual_o be_v a_o million_o in_o money_n let_v we_o suppose_v that_o we_o bring_v back_o from_o spain_n yearly_a in_o oil_n wine_n and_o fruit_n to_o the_o value_n of_o 100000_o l._n and_o continue_v to_o do_v this_o ten_o year_n together_o it_o be_v plain_a we_o have_v have_v for_o our_o two_o million_o value_n in_o woollen_a manufacture_n carry_v thither_o one_o million_o return_v in_o wine_n oil_n and_o fruit_n but_o what_o be_v become_v of_o â—_o other_o million_o will_v the_o merchant_n be_v content_a to_o lose_v it_o that_o you_o may_v be_v sure_a they_o will_v not_o nor_o have_v trade_v on_o if_o they_o have_v not_o every_o year_n return_v make_v answer_v their_o exportation_n how_o then_o be_v the_o return_v make_v in_o money_n it_o be_v evident_a for_o the_o spaniard_n have_v in_o such_o a_o trade_n no_o debt_n nor_o the_o possibility_n of_o any_o debt_n in_o england_n can_v pay_v one_o farthing_n of_o that_o other_o million_o by_o bill_n of_o exchange_n and_o have_v no_o commodity_n that_o we_o will_v take_v off_o above_o the_o value_n of_o 100000_o l._n per_fw-la annum_fw-la they_o can_v pay_v we_o in_o commodity_n from_o whence_o it_o necessary_o follow_v that_o the_o 100000_o l._n per_fw-la annum_fw-la wherein_o we_o overbalance_n they_o in_o trade_n must_v be_v pay_v we_o in_o money_n and_o so_o at_o the_o ten_o year_n end_n their_o million_o of_o money_n though_o their_o law_n make_v it_o death_n to_o export_v it_o will_v be_v all_o bring_v into_o englâ—nd_n as_o in_o truth_n by_o this_o overbalance_n of_o trade_n the_o great_a part_n of_o our_o money_n have_v be_v bring_v into_o england_n out_o of_o spain_n let_v we_o suppose_v ourselves_o now_o possess_v of_o this_o million_o of_o money_n and_o export_v yearly_a out_o of_o england_n to_o the_o several_a part_n of_o the_o worldâ—_n consumable_a commodity_n to_o the_o value_n of_o a_o million_o but_o import_v yearly_o in_o commodity_n which_o we_o consume_v among_o we_o to_o the_o value_n of_o 1100000_o l._n if_o such_o a_o tâ—â—de_n as_o this_o be_v manage_v among_o we_o and_o continue_v ten_o yâ—â—â—s_n it_o be_v evident_a that_o our_o million_o of_o money_n will_v at_o the_o end_n of_o the_o ten_o year_n be_v inevitable_o all_o go_v from_o we_o to_o they_o by_o the_o same_o way_n that_o it_o come_v to_o we_o that_o be_v by_o their_o overbalance_n of_o trade_n for_o we_o import_v every_o year_n 100000_o l._n worth_n of_o commodity_n more_o than_o we_o export_v and_o there_o be_v no_o foreigner_n that_o will_v give_v we_o 100000_o l._n every_o year_n for_o nothing_o it_o be_v unavoidable_a that_o 100000_o l._n of_o our_o money_n must_v go_v out_o every_o year_n to_o pay_v for_o that_o overplus_n which_o our_o commodity_n do_v not_o pay_v for_o and_o it_o be_v ridiculous_a
to_o say_v that_o bill_n of_o exchange_n shall_v pay_v our_o debt_n abroad_o that_o can_v be_v till_o scrip_n of_o paper_n can_v be_v make_v current_n coin_n the_o english_a merchant_n who_o have_v no_o money_n owe_v he_o abroad_o can_v expect_v to_o have_v his_o bill_n pay_v there_o or_o if_o he_o have_v credit_n enough_o with_o a_o correspondent_a to_o have_v his_o bill_n answer_v this_o pay_v none_o of_o the_o debt_n of_o england_n but_o only_o change_v the_o creditor_n and_o if_o upon_o the_o general_a balance_n of_o trade_n english_a merchant_n owe_v to_o foreigner_n 100000_o l._n or_o 1000000_o if_o commodity_n do_v not_o our_o money_n must_v go_v out_o to_o pay_v or_o else_o our_o credit_n be_v lose_v and_o our_o trade_n stop_v and_o be_v lose_v too_o a_o kingdom_n grow_v rich_a or_o poor_a just_a as_o a_o farmer_n do_v and_o no_o otherwise_o let_v we_o suppose_v the_o whole_a isle_n of_o portland_n one_o farm_n and_o that_o the_o owner_n beside_o what_o serve_v his_o family_n carry_v to_o market_n to_o weymouth_n and_o dorchester_n etc._n etc._n cattle_n corn_n butter_n cheese_n wool_n or_o cloth_n lead_v and_o tin_n all_o commodity_n produce_v and_o wrought_v within_o his_o farm_n of_o portland_n to_o the_o value_n of_o 1000_o l._n yearly_o and_o for_o this_o bring_v home_o in_o salt_n wine_n oil_n spice_n linen_n and_o silk_n to_o the_o value_n of_o 900_o l._n and_o the_o remain_a 100_o l._n in_o money_n it_o be_v evident_a he_o grow_v every_o year_n 100_o l._n rich_a and_o so_o at_o the_o end_n of_o the_o ten_o year_n will_v have_v clear_o get_v 1000_o l._n if_o the_o owner_n be_v a_o better_a husband_n and_o content_v himself_o with_o his_o native_a commodity_n buy_v less_o wine_n spice_n and_o silk_n at_o market_n and_o so_o bring_v home_o 500_o l._n in_o money_n yearly_a instead_o of_o 100_o l._n at_o the_o end_n of_o ten_o year_n he_o will_v have_v 5000_o l._n by_o he_o and_o be_v so_o much_o rich_a he_o die_v and_o his_o son_n succeed_v a_o fashionable_a young_a gentleman_n that_o can_v dine_v without_o champaign_n and_o burgundy_n nor_o sleep_v but_o in_o a_o damask_n bed_n who_o wife_n must_v spread_v a_o long_a train_n of_o brocard_n and_o his_o child_n be_v always_o in_o the_o new_a french_a cut_n and_o stuff_n he_o be_v come_v to_o the_o estate_n keep_v on_o a_o very_a busy_a family_n the_o market_n be_v weekly_o frequent_v and_o the_o commodity_n of_o his_o farm_n carry_v out_o and_o sell_v as_o former_o but_o the_o return_v be_v make_v something_o different_a the_o fashionable_a way_n of_o eat_v drink_v and_o clothe_v 〈◊〉_d his_o wife_n child_n and_o family_n require_v more_o sugar_n and_o spice_n wine_n and_o fruit_n silk_n and_o ribbon_n than_o in_o his_o father_n time_n so_o that_o instead_o of_o 900_o l._n per_fw-la annum_fw-la he_o now_o bring_v home_n of_o consumable_a commodity_n to_o the_o value_n of_o 1100_o l._n yearly_a what_o come_v of_o this_o he_o live_v in_o splendour_n it_o be_v true_a but_o this_o avoidable_a carry_v away_o the_o money_n his_o father_n get_v and_o he_o be_v every_o year_n 100_o l._n poor_a to_o his_o expense_n beyond_o his_o income_n add_v debauchery_n idleness_n and_o quarrel_n among_o his_o servant_n whereby_o his_o manufacture_n be_v disturb_v and_o his_o business_n neglect_v and_o a_o general_a disorder_n and_o confusion_n through_o his_o whole_a family_n and_o farm_n this_o will_v tumble_v he_o down_o the_o hill_n the_o fall_a and_o the_o stock_n the_o industry_n frugality_n and_o good_a order_n of_o his_o father_n have_v lay_v upâ—_n will_v be_v quick_o bring_v to_o a_o end_n and_o he_o fast_o in_o prison_n a_o farm_n and_o a_o kingdom_n in_o this_o respect_n diâ—â—er_v no_o more_o than_o as_o great_a and_o less_o we_o may_v trade_n and_o be_v busy_a and_o grow_v poor_a by_o it_o unless_o we_o regulate_v our_o expense_n if_o to_o this_o we_o be_v idle_a negligent_a dishone_a malicious_a and_o disturb_v the_o sober_a and_o industrious_a in_o their_o business_n let_v it_o be_v upon_o what_o pretence_n it_o will_v we_o shall_v ruin_n the_o fast_o so_o that_o whatever_o this_o author_n or_o any_o one_o else_o may_v say_v money_n be_v bring_v into_o england_n by_o nothing_o but_o spend_v here_o less_o of_o foreign_a commodity_n than_o what_o we_o carry_v to_o market_n can_v pay_v for_o nor_o can_v debt_n we_o owe_v to_o foreigner_n be_v pay_v by_o bill_n of_o exchange_n till_o our_o commodity_n export_v and_o sell_v beyond_o sea_n have_v produce_v money_n or_o debt_n due_a there_o to_o some_o of_o our_o merchant_n for_o nothing_o will_v pay_v debt_n but_o money_n or_o money_n worth_n which_o three_o or_o four_o line_n write_v in_o paper_n can_v be_v for_o if_o they_o have_v a_o intrinsic_a value_n and_o can_v serve_v instead_o of_o money_n why_o do_v we_o not_o send_v they_o to_o market_n instead_o of_o our_o cloth_n lead_v and_o tin_n and_o at_o a_o easy_a rate_n purchase_v the_o commodity_n we_o want_v all_o that_o a_o bill_n of_o exchange_n can_v do_v be_v to_o direct_v to_o who_o money_n due_a or_o take_v up_o upon_o credit_n in_o a_o foreign_a country_n shall_v be_v pay_v and_o if_o we_o trace_v it_o what_o be_v due_a already_o we_o shall_v find_v become_v so_o for_o commodity_n or_o money_n carry_v from_o hence_o and_o if_o it_o be_v take_v up_o upon_o credit_n it_o must_v â—et_v the_o debt_n be_v shift_v from_o one_o creditor_n to_o another_o as_o often_o as_o you_o will_v at_o last_o be_v pay_v by_o money_n or_o good_n carry_v from_o hence_o or_o else_o the_o merchant_n here_o must_v turn_v bankrupt_a we_o have_v see_v how_o riches_n and_o money_n be_v get_v keep_v or_o lose_v in_o any_o country_n and_o that_o be_v by_o consume_a less_o of_o foreign_a commodity_n than_o what_o by_o commodity_n or_o labour_n be_v pay_v for_o this_o be_v in_o the_o ordinary_a course_n of_o thing_n but_o where_o great_a army_n and_o alliance_n be_v to_o be_v maintain_v abroad_o by_o supply_n send_v out_o of_o any_o country_n there_o often_o by_o a_o short_a and_o more_o sensible_a way_n the_o treasure_n be_v diminish_v but_o this_o since_o the_o holy_a war_n or_o at_o least_o since_o the_o improvement_n of_o navigation_n and_o trade_n seldom_o happen_v to_o england_n who_o prince_n have_v find_v the_o enlarge_n their_o power_n by_o sea_n and_o the_o secure_v our_o navigation_n and_o trade_n more_o the_o interest_n of_o this_o kingdom_n than_o war_n or_o conquest_n on_o the_o continent_n expense_n in_o arm_n beyond_o sea_n have_v have_v little_a influence_n on_o our_o riches_n or_o poverty_n the_o next_o thing_n to_o be_v consider_v be_v how_o money_n be_v necessary_a to_o trade_n the_o necessity_n of_o a_o certain_a proportion_n of_o money_n to_o trade_n i_o conceive_v lie_v in_o this_o that_o money_n in_o its_o circulation_n drive_v the_o several_a wheel_n of_o trade_n whilst_o it_o keep_v in_o that_o channel_n for_o some_o of_o it_o will_v unavoidable_o be_v drein_v into_o stand_v pool_n be_v all_o share_v between_o the_o land-holder_n who_o land_n aâ—â—ords_v the_o material_n the_o labourer_n who_o work_v they_o the_o broker_n i._n e._n merchant_n and_o shop_n keeper_n who_o distribute_v they_o to_o those_o that_o want_v they_o and_o the_o consumer_n who_o spend_v they_o now_o money_n be_v necessary_a to_o all_o these_o sort_n of_o man_n as_o serve_v both_o for_o counter_n and_o for_o pledge_n and_o so_o carry_v with_o it_o even_o reckon_a and_o security_n that_o he_o that_o receive_v it_o shall_v have_v the_o same_o value_n for_o it_o again_o of_o other_o thing_n that_o he_o want_v whenever_o he_o please_v the_o one_o of_o these_o it_o do_v by_o its_o stamp_n and_o denomination_n the_o other_o by_o its_o intrinsic_a value_n which_o be_v nothing_o else_o but_o its_o durableness_n scarcity_n and_o not_o be_v apt_a to_o be_v counterfeit_v which_o intrinsic_a value_n though_o it_o be_v not_o natural_a but_o be_v only_o in_o the_o opinion_n of_o man_n consent_v to_o it_o yet_o be_v universal_a have_v general_o but_o not_o always_o for_o we_o see_v that_o in_o a_o siege_n or_o man_n of_o war_n silver_n may_v not_o be_v of_o equal_a value_n to_o gunpowder_n and_o in_o a_o famine_n gold_n not_o be_v worth_a its_o weight_n in_o bran_n the_o same_o effect_n as_o if_o it_o be_v natural_a the_o necessity_n therefore_o of_o a_o proportion_n of_o money_n to_o trade_n depend_v on_o money_n not_o as_o counter_n for_o the_o reckon_a may_v be_v keep_v or_o transfer_v by_o write_v but_o on_o money_n as_o a_o pledge_n for_o since_o the_o bill_n bond_n or_o other_o note_n of_o debt_n i_o receive_v from_o one_o man_n will_v not_o be_v accept_v as_o security_n by_o another_o he_o not_o know_v that_o the_o bill_n or_o bond_n be_v true_a or_o
exchange_n for_o a_o farmer_n that_o carry_v a_o bushel_n â—_o wheat_n to_o market_n and_o a_o labourer_n thâ—â—_n carry_v half_o a_o crown_n shall_v find_v that_o the_o money_n of_o one_o as_o well_o as_o corn_n of_o the_o other_o shall_v at_o some_o time_n purchase_v he_o more_o or_o less_o leather_n or_o salt_n according_a as_o they_o be_v in_o great_a plenty_n and_o scarcity_n one_o to_o another_o so_o that_o in_o exchange_n of_o coin_a silver_n for_o any_o other_o commodity_n which_o be_v buy_v and_o sell_v the_o same_o measure_n govern_v the_o proportion_n you_o receive_v as_o if_o you_o exchange_v lead_v or_o wheat_n or_o any_o other_o commodity_n which_o be_v nothing_o else_o but_o their_o quantity_n in_o proportion_n to_o their_o vent_n if_o then_o change_v of_o use_n make_v not_o your_o silver_n more_o in_o spâ—ciâ—_fw-la or_o your_o wheat_n or_o other_o commodity_n less_o it_o will_v not_o have_v any_o influence_n at_o all_o to_o make_v it_o exchange_v for_o less_o of_o wheat_n or_o any_o other_o commodity_n than_o it_o will_v have_v on_o lead_n to_o make_v it_o exchange_v for_o less_o wheat_n or_o any_o other_o commodity_n money_n therefore_o in_o buy_v and_o sell_v being_n perfect_o in_o the_o same_o condition_n with_o other_o commodity_n and_o subject_a to_o all_o the_o same_o law_n of_o value_n let_v we_o next_o see_v how_o it_o come_v to_o be_v of_o the_o same_o nature_n with_o land_n by_o yield_v a_o certain_a yearly_a income_n which_o we_o call_v use_v or_o interest_n for_o land_n produce_v natural_o something_a new_a and_o profitable_a and_o of_o value_n to_o mankind_n but_o money_n be_v a_o barren_a thing_n and_o produce_v nothing_o but_o by_o compact_n transfer_v that_o profit_n that_o be_v the_o reward_n of_o one_o man_n labour_n into_o another_o man_n pocket_n that_o which_o occasion_n this_o be_v the_o unequal_a distribution_n of_o money_n which_o inequality_n have_v the_o same_o effect_n too_o upon_o land_n that_o it_o have_v upon_o money_n for_o my_o have_v more_o money_n in_o my_o hand_n than_o i_o can_v or_o be_o dispose_v to_o use_v in_o buy_v and_o sell_v make_v i_o able_a to_o lend_v and_o another_o want_n of_o so_o much_o money_n as_o he_o can_v employ_v in_o trade_n make_v he_o willing_a to_o borrow_v but_o why_o then_o and_o for_o what_o consideration_n do_v he_o pay_v use_v for_o the_o same_o reason_n and_o upon_o as_o good_a consideration_n as_o the_o tenant_n pay_v rend_v for_o your_o land_n for_o as_o the_o unequal_a distribution_n of_o land_n you_o have_v more_o than_o you_o can_v or_o will_v manure_v and_o another_o less_o bring_v you_o a_o tenant_n for_o your_o land_n and_o the_o same_o unequal_a distribution_n of_o money_n i_o have_v more_o than_o i_o can_v or_o will_v employ_v and_o another_o less_o bring_v i_o a_o tenant_n for_o my_o money_n so_o my_o money_n be_v apt_a in_o trade_n by_o the_o industry_n of_o the_o borrower_n to_o produce_v more_o than_o 6_o per_fw-la cent._n to_o the_o borrower_n as_o well_o aâ—_n your_o land_n by_o the_o labour_n of_o the_o tenant_n be_v apt_a to_o produce_v more_o fruit_n than_o his_o rent_n come_v to_o and_o therefore_o deserve_v to_o be_v pay_v for_o as_o well_o as_o land_n by_o a_o yearly_a rent_n for_o though_o the_o usurer_n money_n will_v bring_v in_o no_o yearly_a profit_n if_o he_o do_v not_o lend_v it_o suppose_v he_o employ_v it_o not_o himself_n and_o so_o his_o six_o per_fw-la cent._n may_v seem_v to_o be_v the_o fruit_n of_o another_o man_n labour_n yet_o he_o share_v not_o near_o so_o much_o of_o the_o profit_n of_o another_o man_n labour_n as_o he_o that_o let_v land_n to_o a_o tenant_n for_o without_o the_o tenant_n industry_n suppose_v as_o before_o the_o owner_n will_v not_o manage_v it_o himself_o his_o land_n will_v yield_v he_o little_a or_o no_o profit_n so_o that_o the_o rent_n he_o receive_v be_v a_o great_a portion_n of_o the_o fruit_n of_o his_o tenant_n labour_v than_o the_o use_n be_v at_o 6_o per_fw-mi cent_z for_o general_o he_o that_o borrow_v 1000_o l._n at_o six_o per_fw-la cent._n and_o so_o pay_v 60_o l._n per_fw-la aâ—num_fw-la use_v get_v more_o above_o his_o use_n in_o one_o year_n by_o his_o industry_n than_o he_o that_o rent_n a_o farm_n of_o 60_o l._n per_fw-la annum_fw-la get_v in_o two_o above_o his_o rent_n though_o his_o labour_n be_v hard_a it_o be_v evident_a therefore_o that_o he_o that_o have_v skill_n in_o traffic_n but_o have_v not_o money_n enough_o to_o exercise_v it_o have_v not_o only_a reason_n to_o borrow_v money_n to_o drive_v his_o trade_n and_o get_v a_o livelihood_n but_o as_o much_o reason_n to_o pay_v use_n for_o that_o money_n as_o he_o that_o not_o have_v land_n of_o his_o own_o yet_o have_v skill_n in_o husbandry_n have_v not_o only_a reason_n to_o rend_a land_n but_o to_o pay_v money_n for_o the_o use_v of_o it_o it_o follow_v that_o borrow_v money_n upon_o use_n be_v not_o only_o by_o the_o necessity_n of_o affair_n and_o the_o constitution_n of_o humane_a society_n unavoidable_a to_o some_o man_n but_o that_o also_o to_o receive_v profit_n for_o the_o loan_n of_o money_n be_v as_o equitable_a and_o lawful_a as_o receive_v rend_v for_o land_n and_o more_o tolerable_a to_o the_o borrower_n notwithstanding_o the_o opinion_n of_o some_o over-scrupulous_a men._n this_o be_v so_o one_o will_v expect_v that_o the_o rate_n of_o interest_n shall_v be_v the_o measure_n of_o the_o value_n of_o land_n in_o number_n of_o year_n purchase_v for_o which_o the_o fee_n be_v sell_v for_o 100_o l._n per_fw-la annum_fw-la be_v equal_a to_o 100_o l._n per_fw-la annum_fw-la and_o so_o to_o perpetuity_n and_o 100_o l._n per_fw-la annum_fw-la be_v the_o productâ—_n of_o 1000_o l._n when_o interest_n be_v at_o 10_o per_fw-la cent._n of_o 1250_o l._n when_o interest_n be_v at_o 8_o per_fw-la cent._n of_o 1666_o l._n or_o thereabouts_o when_o interest_n be_v at_o 6_o per_fw-la cent._n of_o 2000_o l._n when_o money_n be_v at_o 5_o per_fw-la cent._n of_o 2500_o l._n when_o money_n be_v at_o 4_o per_fw-la cent._n one_o will_v conclude_v i_o say_v that_o land_n shall_v sell_v in_o proportion_n to_o use_v according_a to_o these_o follow_a rate_n viz._n when_o money_n be_v at_o 10_o per_fw-la cent._n for_o 10_o year_n purchase_n when_o money_n be_v at_o 8_o per_fw-la cent._n for_o 12_o 1_o â—_o year_n purchase_v when_o money_n be_v at_o 6_o per_fw-la cent._n for_o 16_o â—_o â—_o year_n purchase_v when_o money_n be_v at_o 5_o per_fw-la cent._n for_o 20_o year_n purchase_n when_o money_n be_v at_o 4_o per_fw-la cent._n for_o 25_o year_n purchase_n but_o experience_n tell_v we_o that_o neither_o in_o queen_n elizabeth_n nor_o king_n james_n the_o first_o reign_v when_o interest_n be_v at_o ten_o per_fw-la cent._n be_v land_n sell_v for_o ten_o or_o when_o it_o be_v at_o eighth_n per_fw-mi cent_z for_o 12_o ½_o year_n purchase_v or_o any_o thing_n near_o the_o low_a rate_n that_o high_o use_v require_v if_o it_o be_v true_a that_o the_o rate_n of_o interest_n govern_v the_o price_n of_o land_n any_o more_o than_o land_n now_o yield_v 25_o year_n purchase_n because_o a_o great_a part_n of_o the_o moneyed_a man_n will_v now_o let_v their_o money_n upon_o good_a security_n at_o four_o per_fw-la cent._n thus_o we_o see_v in_o fact_n how_o little_a this_o rule_n have_v hold_v at_o home_n and_o he_o that_o will_v look_v into_o holland_n will_v find_v that_o the_o purchase_n of_o land_n be_v not_o raise_v there_o when_o their_o interest_n fall_v this_o be_v certain_a and_o past_a doubt_n that_o the_o legal_a interest_n can_v never_o regulate_v the_o price_n of_o land_n since_o it_o be_v plain_a that_o the_o price_n of_o land_n have_v never_o change_v with_o it_o in_o the_o several_a change_n have_v be_v make_v in_o the_o rate_n of_o interest_n by_o law_n nor_o now_o that_o the_o rate_n of_o interest_n be_v by_o law_n the_o same_o through_o all_o england_n be_v the_o price_n of_o land_n every_o where_o the_o same_o it_o be_v in_o some_o part_n constant_o sell_v for_o 4_o or_o 5_o year_n purchase_v more_o than_o in_o other_o whether_o you_o or_o i_o can_v tell_v the_o reason_n of_o this_o it_o matter_n not_o to_o the_o question_n in_o hand_n but_o it_o be_v real_o so_o this_o be_v plain_a demonstration_n against_o those_o who_o pretend_v to_o advance_v and_o regulate_v the_o price_n of_o land_n by_o a_o law_n concern_v the_o interest_n of_o money_n but_o yet_o i_o will_v give_v you_o some_o of_o my_o guess_n why_o the_o price_n of_o land_n be_v not_o regulate_v as_o at_o first_o sight_n it_o seem_v it_o shall_v be_v by_o the_o interest_n of_o money_n why_o it_o be_v not_o regulate_v by_o the_o legal_a use_n be_v manifest_a because_o the_o rate_n of_o
coin_n pay_v the_o coinage_n the_o particular_a owner_n pay_v nothing_o for_o it_o so_o that_o 100_o ounce_n of_o silver_n coin_v come_v to_o the_o owner_n at_o the_o same_o rate_n as_o 100_o ounce_n of_o the_o standard_n silver_n in_o bullion_n for_o deliver_v into_o the_o mint_n his_o silver_n in_o bar_n he_o have_v the_o same_o quantity_n of_o silver_n deliver_v out_o to_o he_o again_o in_o coin_n without_o any_o charge_n to_o he_o whereby_o if_o at_o any_o time_n he_o have_v occasion_n for_o bullion_n it_o be_v the_o same_o thing_n to_o melt_v down_o our_o miâ—ed_a money_n as_o to_o buy_v bullion_n from_o abroad_o or_o take_v it_o in_o exchange_n for_o other_o commodity_n thus_o our_o mint_n to_o the_o only_a advantage_n of_o our_o officer_n but_o at_o the_o public_a cost_n â—_z in_o vain_a as_o will_v be_v find_v but_o yet_o this_o make_v you_o not_o have_v one_o jot_n less_o money_n in_o england_n than_o you_o will_v have_v otherwise_o but_o only_o make_v you_o coin_n that_o which_o otherwise_o will_v not_o have_v be_v coin_v nor_o perhaps_o be_v bring_v hither_o and_o be_v not_o bring_v hither_o by_o a_o overbalance_n of_o your_o exportation_n can_v stay_v when_o it_o be_v here_o it_o be_v not_o any_o sort_n of_o coinage_n do_v or_o can_v keep_v your_o money_n here_o that_o whole_o and_o only_o depend_v upon_o the_o balance_n of_o your_o trade_n and_o have_v all_o the_o money_n in_o king_n charles_n the_o ii_o and_o king_n james_n the_o ii_o time_n be_v mint_v according_a to_o this_o new_a proposal_n this_o raise_a money_n will_v have_v be_v go_v as_o well_o as_o the_o other_o and_o the_o remainder_n be_v no_o more_o nor_o no_o less_o than_o it_o be_v now_o though_o i_o doubt_v not_o but_o the_o mint_n will_v have_v coin_v as_o much_o of_o it_o as_o it_o have_v of_o our_o present_a milâ—ed_a money_n the_o short_a be_v this_o a_o overbalance_n of_o trade_n with_o spain_n bring_v you_o in_o bullion_n cheap_a coinage_n when_o it_o be_v here_o carry_v it_o into_o the_o mint_n and_o money_n be_v make_v of_o it_o but_o if_o your_o exportation_n will_v not_o balance_n your_o importation_n in_o the_o other_o part_n of_o your_o trade_n away_o must_v your_o silver_n go_v again_o whether_o moneyed_a or_o not_o money_v for_o where_o good_n do_v not_o silver_n must_v pay_v for_o the_o commodity_n you_o spend_v that_o this_o be_v so_o will_v appear_v by_o the_o book_n of_o the_o mint_n where_o may_v be_v see_v how_o much_o mill_v money_n have_v be_v coin_v in_o the_o two_o last_o reign_n and_o in_o a_o paper_n i_o have_v now_o in_o my_o hand_n suppose_v write_v by_o a_o man_n not_o whole_o ignorant_a in_o the_o mint_n it_o be_v confess_v that_o whereas_o 1_o â—_o of_o the_o current_a payment_n be_v some_o time_n since_o of_o milâ—ed_a money_n there_o be_v not_o now_o 1_o â—â—_o go_v than_o it_o be_v but_o let_v not_o any_o one_o mistake_n and_o think_v it_o go_v because_o in_o our_o present_a coinage_n a_o ounce_n want_v â—8_o grain_n be_v denominate_v a_o crownâ—_n or_o that_o as_o be_v now_o propose_v a_o 〈…〉_z about_o 40_o grain_n be_v 〈…〉_z denominate_v a_o 〈…〉_z it_o or_o will_v if_o our_o money_n be_v 〈…〉_z for_o the_o future_a fix_v it_o here_o coin_v what_o quantity_n of_o silver_n you_o please_v in_o one_o piece_n big_a or_o less_o and_o give_v it_o the_o denomination_n of_o a_o crown_n when_o your_o money_n be_v to_o go_v to_o pay_v your_o foreign_a debt_n or_o else_o it_o will_v not_o go_v out_o at_o all_o your_o heavy_a money_n i._n e._n that_o which_o be_v weight_n according_a to_o its_o denomination_n by_o the_o standard_n of_o the_o mint_n will_v be_v that_o which_o will_v be_v melt_v down_o or_o carry_v away_o in_o coin_n by_o the_o exporter_n whether_o the_o piece_n of_o each_o species_n be_v by_o the_o law_n great_a or_o less_o for_o whilst_o coinage_n be_v wholâ—y_o pay_v for_o by_o a_o tax_n whatever_o your_o size_n of_o money_n be_v he_o that_o have_v need_n of_o bullion_n to_o send_v beyond_o sea_n or_o of_o silver_n to_o make_v plate_n need_v but_o take_v mill_v money_n and_o melt_v it_o down_o and_o he_o have_v it_o as_o cheap_a as_o if_o it_o be_v in_o piece_n of_o eight_o or_o other_o silver_n come_v from_o abroad_o the_o stamp_n which_o so_o well_o secure_v the_o weight_n and_o fineness_n of_o the_o milled_a money_n cost_v nothing_o at_o all_o to_o this_o perhaps_o will_v be_v say_v that_o if_o this_o be_v the_o effect_n of_o milled_a money_n that_o it_o be_v so_o apt_a to_o be_v melt_v down_o it_o be_v better_a to_o return_v to_o the_o old_a way_n of_o coin_v by_o the_o hammer_n to_o which_o i_o answer_v by_o no_o mean_n for_o 1._o that_o way_n of_o coinage_n less_o secure_v you_o from_o have_v a_o great_a part_n of_o your_o money_n melt_v down_o for_o in_o that_o way_n there_o be_v a_o great_a inequality_n in_o the_o weight_n of_o the_o piece_n some_o be_v too_o heavy_a and_o some_o too_o light_a those_o who_o know_v how_o to_o make_v their_o advantage_n of_o it_o cull_v out_o the_o heavy_a piece_n melt_v they_o down_o and_o make_v a_o benefit_n of_o the_o over-weight_n 2._o coinage_n by_o the_o hammer_n expose_v you_o much_o more_o to_o the_o danger_n of_o false_a coin_n because_o the_o tool_n be_v easy_o make_v and_o conceal_v and_o the_o work_n carry_v on_o with_o few_o hand_n and_o less_o noise_n than_o a_o mill_n whereby_o false_a coiner_n be_v less_o liable_a to_o discovery_n 3._o the_o piece_n not_o be_v so_o round_o even_o and_o fair_o stamp_v nor_o mark_v on_o the_o edge_n be_v expose_v to_o clip_v which_o mill_v money_n be_v not_o mill'd-money_n be_v therefore_o certain_o best_a for_o the_o public_a but_o whatever_o be_v the_o cause_n of_o melt_v down_o our_o mill'd-money_n i_o do_v not_o see_v how_o raise_v our_o money_n as_o they_o call_v it_o will_v at_o all_o hinder_v its_o be_v melt_v down_o for_o if_o our_o crown-piece_n shall_v be_v coin_v 1_o 20_o light_a why_o shall_v that_o hinder_v they_o from_o be_v melt_v down_o more_o than_o now_o the_o intrinsique_n value_n of_o the_o silver_n be_v not_o alter_v as_o we_o have_v show_v already_o therefore_o that_o temptation_n to_o melt_v they_o down_o remain_v the_o same_o as_o before_o but_o they_o be_v light_a by_o 1_o 20._o that_o can_v hinder_v they_o from_o be_v melt_v down_o for_o half_a crown_n be_v light_a by_o half_a and_o yet_o that_o preserve_v they_o not_o but_o they_o be_v of_o less_o weight_n under_o the_o same_o denomination_n and_o therefore_o they_o will_v not_o be_v melt_v down_o that_o be_v true_a if_o any_o of_o these_o present_a crown_n that_o be_v 1_o â—0_n heavy_a be_v current_n for_o crown_n at_o the_o same_o time_n for_o than_o they_o will_v no_o more_o melt_v down_o the_o new_a light_a crown_n than_o they_o will_v the_o old_a clip_v one_o which_o be_v more_o worth_a in_o coin_n and_o tale_n than_o in_o weight_n and_o bullion_n but_o it_o can_v be_v suppose_v that_o man_n will_v part_v with_o their_o old_a and_o heavy_a money_n at_o the_o same_o rate_n that_o the_o light_a new_a coin_n go_v at_o and_o pay_v away_o their_o old_a crown_n for_o 5_o s._n in_o tale_n when_o at_o the_o mint_n they_o will_v yield_v they_o 5_o s._n 3_o d._n and_o then_o if_o a_o old_a mill_v crown_n go_v for_o 5_o s._n 3_o d._n and_o a_o new_a mill_v crown_n be_v so_o much_o light_a go_v for_o a_o crown_n what_o i_o pray_v will_v be_v the_o odds_o of_o melt_v down_o the_o one_o or_o the_o other_o the_o one_o have_v 1_o 20_o less_o silver_n in_o it_o and_o go_v for_o 1_o 20_o less_o and_o so_o be_v weight_n they_o be_v melt_v down_o upon_o equal_a term_n if_o it_o be_v a_o convenience_n to_o melt_v one_o it_o will_v be_v as_o much_o a_o convenience_n to_o melt_v the_o other_o just_a as_o it_o be_v the_o same_o convenience_n to_o melt_v miâ—led_v half_a crown_n as_o mill_v crown_n the_o one_o have_v with_o half_a the_o quantity_n of_o silver_n half_o the_o value_n when_o the_o money_n be_v all_o bring_v to_o the_o new_a rate_n i._n e._n to_o be_v â—_o 20_o light_a and_o commodity_n raise_v as_o they_o will_v proportionable_o what_o shall_v hinder_v the_o melt_a down_o of_o your_o money_n then_o more_o than_o now_o i_o will_v fain_o know_v if_o it_o be_v coin_v then_o as_o it_o be_v now_o gâ—â—tis_n a_o crown_n piece_n let_v it_o be_v of_o what_o weight_n soever_o will_v be_v as_o it_o be_v now_o just_a worth_n it_o be_v own_o weight_n in_o bullion_n of_o the_o same_o fineness_n for_o the_o coinage_n which_o be_v the_o manufacture_n about_o it_o and_o make_v all_o the_o difference_n â—â—â—â—ing_v nothing_o what_o can_v
lose_a trade_n contract_v debt_n with_o our_o neighbour_n they_o will_v put_v a_o great_a value_n on_o our_o silver_n and_o more_o money_n will_v be_v get_v by_o transport_v silver_n than_o any_o thing_n can_v be_v send_v which_o come_v about_o thus_o suppose_v that_o by_o a_o overbalance_n of_o their_o trade_n whether_o by_o a_o sale_n of_o pepper_n spice_n and_o other_o east-india_n commodity_n it_o matter_n not_o we_o have_v receive_v great_a quantity_n of_o good_n within_o these_o two_o or_o three_o month_n from_o hâ—lland_n and_o send_v but_o little_a thither_o so_o that_o the_o account_n balance_v between_o the_o inhabitant_n of_o england_n and_o the_o unite_a province_n we_o of_o england_n be_v a_o million_o in_o their_o debt_n what_o will_v follow_v from_o hence_o this_o that_o these_o dutch_a creditor_n desire_v to_o have_v what_o be_v due_a to_o they_o give_v order_n to_o their_o factor_n and_o correspondent_n here_o to_o return_v it_o they_o for_o inquire_v as_o we_o do_v what_o be_v the_o effect_n of_o a_o overbalance_n of_o trade_n we_o must_v not_o suppose_v they_o invest_v their_o debt_n in_o commodity_n and_o return_v their_o effect_n that_o way_n a_o million_o then_o be_v to_o be_v return_v from_o england_n to_o holland_n in_o money_n every_o one_o seek_v bill_n of_o exchange_n but_o englishman_n not_o have_v debt_n in_o holland_n to_o answer_v this_o million_o or_o any_o the_o least_o part_n of_o it_o bill_n be_v not_o to_o be_v get_v this_o present_o make_v the_o exchange_n very_o high_a upon_o which_o the_o banker_n etc._n etc._n who_o have_v the_o command_n of_o great_a quantity_n of_o money_n and_o bullion_n send_v that_o away_o to_o holland_n in_o specie_fw-la and_o so_o take_v money_n here_o to_o pay_v it_o again_o there_o upon_o their_o bill_n at_o such_o a_o rate_n of_o exchange_n as_o give_v they_o five_o ten_o fifteen_o etc._n etc._n per_fw-la cent._n profit_n and_o thus_o sometime_o a_o 5_o s._n piece_n of_o our_o milled_a money_n may_v true_o be_v say_v to_o be_v worth_a 5_o s._n 3_o d._n 4_o d._n 6_o d._n 9_o d._n in_o holland_n and_o if_o this_o be_v the_o great_a value_n of_o silver_n in_o this_o part_n of_o the_o world_n i_o easy_o grant_v it_o he_o but_o this_o great_a value_n be_v to_o be_v remedy_v not_o by_o the_o alteration_n of_o our_o mint_n but_o by_o the_o regulation_n and_o balance_n of_o our_o trade_n for_o be_v your_o coin_n what_o it_o will_v our_o neighbour_n if_o they_o overbalance_n we_o in_o trade_n will_v not_o only_o have_v a_o great_a value_n for_o our_o silver_n but_o get_v it_o too_o and_o there_o will_v be_v more_o to_o be_v get_v by_o export_v silver_n to_o they_o than_o by_o any_o other_o thing_n can_v be_v send_v remark_n the_o alteration_n of_o the_o coin_n in_o spain_n and_o portugal_n be_v no_o way_n at_o all_o like_a this_o for_o there_o they_o alter_v in_o denomination_n near_o half_a to_o deceive_v those_o they_o pay_v with_o pay_v those_o to_o who_o they_o owe_v one_o ounce_n of_o silver_n but_o half_o a_o ounce_n for_o it_o but_o in_o the_o alteration_n here_o design_v to_o whoever_o a_o ounce_n of_o silver_n be_v owe_v a_o ounce_n will_v be_v pay_v in_o this_o money_n it_o be_v here_o only_o design_v that_o a_o ounce_n of_o money_n shall_v equal_v a_o ounce_n of_o silver_n in_o value_n at_o home_n as_o well_o as_o abroad_o which_o now_o it_o do_v not_o answer_n in_o this_o paragraph_n the_o author_n confess_v the_o alteration_n of_o the_o coin_n in_o spain_n and_o portugal_n be_v a_o cheat_n but_o the_o alteration_n here_o design_v he_o say_v be_v not_o but_o the_o reason_n he_o give_v for_o it_o be_v admirable_a viz._n because_o they_o there_o alter_v in_o denomination_n near_o half_a and_o here_o the_o denomination_n be_v alter_v but_o 5_o per_fw-mi cent_z for_o so_o in_o truth_n it_o be_v whatever_o be_v design_v as_o if_o 50_o per_fw-la cent_z be_v a_o cheat_n but_o 5_o per_fw-mi cent_z be_v not_o because_o perhaps_o less_o perceivable_a for_o the_o two_o thing_n that_o be_v pretend_v to_o be_v do_v here_o by_o this_o new_a coinage_n i_o fear_v will_n both_o fail_v viz._n 1._o that_o to_o who_o 〈◊〉_d a_o ounce_n of_o silver_n be_v owe_v a_o ounce_n 〈◊〉_d silver_n shall_v be_v pay_v in_o this_o money_n for_o when_o a_o ounce_n of_o silver_n be_v coin_v as_o be_v propose_v into_o 5_o s._n 5_o d._n which_o be_v to_o make_v our_o money_n 5_o per_fw-la cent._n high_o than_o it_o be_v now_o i_o that_o be_o to_o receive_v a_o 100_o l._n per_fw-la annum_fw-la fee_fw-mi farm_n rent_n shall_v i_o in_o this_o new_a money_n receive_v 105_o l._n or_o bare_o 100_o l._n the_o first_o i_o think_v will_v not_o be_v say_v for_o if_o by_o law_n you_o have_v make_v it_o 100_o l._n it_o be_v certain_a the_o tenant_n will_v pay_v i_o no_o more_o if_o you_o do_v not_o mean_v that_o 400_o crown_n or_o 2000_o shilling_n of_o your_o new_a coin_n shall_v be_v a_o 100_o l._n but_o there_o must_v be_v 5_o per_fw-mi cent_z in_o tale_n add_v to_o every_o 100_o you_o be_v at_o the_o charge_n of_o new_a coinage_n to_o no_o other_o purpose_n but_o to_o breed_v confusion_n if_o i_o must_v receive_v 100_o l_o by_o tale_n of_o this_o new_a money_n for_o my_o fee_fw-mi farm_n rent_n it_o be_v demonstration_n that_o i_o lose_v five_o ounce_n per_fw-la cent_z of_o the_o silver_n be_v due_a to_o i_o this_o a_o little_a low_o he_o confess_v in_o these_o word_n that_o where_o a_o man_n have_v a_o rent-sec_a that_o can_v never_o be_v more_o this_o may_v somewhat_o affect_v it_o but_o so_o very_o little_a that_o it_o will_v scarce_o ever_o at_o all_o be_v perceive_v this_o very_a little_a be_v 5_o per_fw-la cent._n and_o if_o a_o man_n be_v cheat_v of_o that_o so_o he_o perceive_v it_o not_o it_o go_v for_o nothing_o but_o this_o loss_n will_v not_o affect_v only_o such_o rent_n as_o can_v never_o be_v more_o but_o all_o payment_n whatsoever_o that_o be_v contract_v for_o before_o this_o alteration_n of_o our_o money_n 2._o if_o it_o be_v true_a what_o he_o affirm_v that_o a_o ounce_n of_o money_n do_v equal_a a_o ounce_n of_o silver_n in_o value_n abroad_o but_o not_o at_o home_n then_o this_o part_n of_o the_o undertake_n will_v also_o fail_v for_o i_o deny_v that_o the_o stamp_n on_o our_o money_n do_v any_o more_o debase_v it_o here_o at_o home_n than_o abroad_o or_o make_v the_o silver_n in_o our_o money_n not_o equal_a in_o value_n to_o the_o same_o weight_n of_o silver_n every_o where_o the_o author_n will_v have_v do_v well_o to_o have_v make_v it_o out_o and_o not_o leave_v so_o great_a a_o paradox_n only_o to_o the_o credit_n of_o a_o single_a assertion_n remark_n and_o for_o what_o be_v say_v in_o this_o bill_n to_o prevent_v exportation_n relate_v only_o to_o the_o keep_n in_o our_o coin_n and_o bullion_n and_o leave_v all_o foreign_a to_o be_v export_v still_o answer_n what_o the_o author_n mean_v by_o our_o own_o and_o foreign_a bullion_n will_v need_v some_o explication_n remark_n there_o be_v now_o no_o such_o thing_n as_o payment_n make_v in_o weighty_a and_o milled_a money_n answer_n i_o believe_v there_o be_v very_o few_o in_o town_n who_o do_v not_o very_o often_o receive_v a_o milled_a crown_n for_o 5_o s._n and_o a_o mill_v half_a crown_n for_o 2_o s._n 6_o d._n but_o he_o mean_v i_o suppose_v in_o great_a and_o entire_a sum_n of_o milled_a money_n but_o i_o ask_v if_o all_o the_o clip_v money_n be_v call_v in_o whether_o then_o all_o the_o payment_n will_v not_o be_v in_o weighty_a money_n and_o that_o not_o be_v call_v in_o whether_o if_o it_o be_v light_a than_o your_o new_a milled_a money_n the_o new_a mill_v money_n will_v not_o be_v melt_v down_o as_o much_o as_o the_o old_a which_o i_o think_v the_o author_n there_o confess_v or_o else_o i_o understand_v he_o not_o remark_n nor_o will_v this_o any_o way_n interrupt_v trade_n for_o trade_n will_v find_v its_o own_o course_n the_o denomination_n of_o money_n in_o any_o country_n no_o way_n concern_v that_o answ._n the_o denomination_n to_o a_o certain_a weight_n of_o money_n in_o all_o country_n concern_v trade_n and_o the_o alteration_n of_o that_o necessary_o bring_v disturbance_n to_o it_o remark_n for_o if_o so_o be_v it_o occasion_n the_o coin_v more_o money_n answ._n he_o talk_v as_o if_o it_o will_v be_v the_o occasion_n of_o coin_v more_o money_n out_o of_o what_o out_o of_o money_n already_o coin_v or_o out_o of_o bullion_n for_o i_o will_v be_v glad_a to_o know_v where_o it_o be_v remark_n it_o may_v be_v some_o gain_n to_o those_o that_o will_v venture_v to_o melt_v down_o the_o coin_n but_o very_o small_a loss_n if_o any_o to_o those_o that_o
penalty_n that_o shall_v attend_v apparent_a and_o prove_a perjury_n but_o by_o avoid_v and_o lessen_v as_o much_o as_o may_v be_v the_o temptation_n to_o it_o for_o where_o those_o be_v strong_a as_o they_o be_v where_o man_n shall_v swear_v for_o their_o own_o advantage_n there_o the_o fear_n of_o penalty_n to_o follow_v will_v have_v little_a restraint_n especial_o if_o the_o crime_n be_v hard_a to_o be_v prove_v all_o which_o i_o suppose_v will_v happen_v in_o this_o case_n where_o way_n will_v be_v find_v out_o to_o receive_v money_n upon_o other_o pretence_n than_o for_o use_n to_o evade_v the_o rule_n and_o rigour_n of_o the_o law_n and_o there_o will_v be_v secret_a trust_n and_o collusion_n among_o man_n thate_o though_o they_o may_v be_v suspect_v can_v never_o be_v prove_v without_o their_o own_o confession_n i_o have_v hear_v very_o sober_a and_o observe_a person_n complain_v of_o the_o danger_n man_n life_n and_o property_n be_v in_o by_o the_o frequency_n and_o fashionableness_n of_o perjury_n among_o we_o faith_n and_o truth_n especial_o in_o all_o occasion_n of_o attest_v it_o upon_o the_o solemn_a appeal_n to_o heaven_n by_o a_o oath_n be_v the_o great_a â—ond_n of_o society_n this_o it_o become_v the_o wisdom_n of_o magistrate_n careful_o to_o support_v and_o render_v as_o sacred_a and_o awful_a in_o the_o mind_n of_o the_o people_n as_o they_o can_v but_o if_o ever_o frequency_n of_o oath_n shall_v make_v they_o be_v look_v on_o as_o formality_n of_o law_n or_o the_o custom_n of_o strain_v of_o truth_n which_o man_n swear_v in_o their_o own_o case_n be_v apt_a to_o lead_v they_o to_o have_v once_o dip_v man_n in_o perjury_n and_o the_o gild_n with_o the_o temptation_n have_v spread_v itself_o very_o wide_o and_o make_v it_o almost_o fashionable_a in_o some_o case_n it_o will_v â—e_v impossible_a for_o the_o society_n these_o bond_n be_v dissoluâ—d_v to_o subsist_v all_o must_v break_v in_o piecesâ—_n and_o run_v to_o confusion_n that_o swear_v in_o their_o own_o case_n be_v apt_a by_o degreesâ—_n to_o lead_v man_n into_o as_o little_a regard_n of_o such_o oath_n as_o they_o have_v of_o their_o ordinary_a talk_n i_o think_v there_o be_v reason_n to_o suspect_v from_o what_o have_v be_v observe_v in_o something_o of_o that_o kind_n master_n of_o ship_n be_v a_o sort_n of_o man_n general_o industrious_a and_o sober_a and_o i_o suppose_v may_v be_v think_v for_o their_o number_n and_o rank_n to_o be_v equal_o honest_a to_o any_o other_o sort_n of_o man_n and_o yet_o by_o the_o discourse_n i_o have_v have_v with_o merchant_n in_o other_o country_n i_o find_v that_o they_o think_v in_o those_o part_n they_o take_v a_o great_a liberty_n in_o their_o custom-house_n oath_n to_o that_o degree_n that_o i_o remember_v i_o be_v once_o tell_v in_o a_o trade_a town_n beyond_o sea_n of_o a_o master_n of_o a_o vessel_n there_o esteem_v a_o sober_a and_o fair_a man_n who_o yet_o can_v not_o hold_v say_v god_n forbid_v that_o a_o custom-house_n oath_n shall_v be_v a_o sin_n i_o say_v not_o this_o to_o make_v any_o reflection_n upon_o a_o sort_n of_o man_n that_o i_o think_v as_o uncorrupt_a as_o any_o other_o and_o who_o i_o be_o sure_a aught_o in_o england_n to_o be_v cherish_v and_o esteem_v as_o the_o most_o industrious_a and_o most_o beneficial_a of_o any_o of_o its_o subject_n but_o i_o can_v not_o forbear_v to_o give_v this_o here_o as_o a_o instance_n how_o dangerous_a a_o temptation_n it_o be_v to_o bring_v man_n customary_o to_o swear_v where_o they_o may_v have_v any_o concernment_n of_o their_o own_o and_o it_o will_v always_o be_v worthy_a the_o care_n and_o consideration_n of_o lawmaker_n to_o keep_v up_o the_o opinion_n of_o a_o oath_n high_a and_o sacred_a as_o it_o ought_v to_o be_v in_o the_o mind_n of_o the_o people_n which_o can_v never_o be_v do_v where_o frequency_n of_o oath_n bâ—â—â—sed_v by_o interest_n have_v establish_v a_o neglect_n of_o they_o and_o fashion_v which_o it_o seldom_o fail_v to_o do_v have_v give_v countenance_n to_o what_o profit_n reward_v but_o that_o law_n can_v keep_v man_n from_o take_v more_o use_n than_o you_o set_v the_o want_n of_o money_n be_v that_o alone_o which_o regulate_v its_o price_n will_v perhaps_o appear_v if_o we_o consider_v how_o hard_o it_o be_v to_o set_v a_o price_n upon_o wine_n or_o silk_n or_o other_o unnecessary_a commodity_n but_o how_o impossible_a it_o be_v to_o set_v a_o rate_n upon_o victual_n in_o a_o time_n of_o famine_n for_o money_n be_v a_o universal_a commodity_n and_o as_o necessary_a to_o trade_n as_o food_n be_v to_o life_n every_o body_n must_v have_v it_o at_o what_o rate_v they_o can_v get_v it_o and_o unavoidable_o pay_v dear_a when_o it_o be_v scarce_o and_o debt_n no_o less_o than_o trade_n have_v make_v borrow_v in_o fashion_n the_o banker_n be_v a_o clear_a instance_n of_o this_o for_o some_o year_n since_o the_o scarcity_n of_o money_n have_v make_v it_o in_o england_n worth_n real_o more_o than_o six_o per_fw-la cent._n most_o of_o those_o that_o have_v not_o the_o skill_n to_o let_v it_o for_o more_o than_o six_o per_fw-la cent._n and_o secure_v themselves_o from_o the_o penalty_n of_o the_o law_n put_v it_o in_o the_o banker_n hand_n where_o it_o be_v ready_a at_o their_o call_n when_o they_o have_v a_o opportunity_n of_o great_a improvement_n so_o that_o the_o rate_v you_o set_v profit_v not_o the_o lender_n and_o very_o few_o of_o the_o borrower_n who_o be_v fain_o to_o pay_v the_o price_n for_o money_n that_o commodity_n will_v bear_v be_v it_o leave_v free_a and_o the_o gain_n be_v only_o to_o the_o banker_n and_o shall_v you_o lessen_v the_o use_n to_o four_o per_fw-la cent._n the_o merchant_n or_o tradesman_n that_o borrow_v will_v not_o have_v it_o one_o jot_n cheap_a than_o he_o have_v now_o but_o probable_o these_o two_o ill_a effect_n will_v follow_v first_o that_o he_o will_v pay_v dear_a and_o second_o that_o there_o will_v be_v less_o money_n leave_v in_o the_o country_n to_o drive_v the_o trade_n for_o the_o banker_n pay_v at_o most_o but_o four_o per_fw-la cent._n and_o receive_v from_o six_o to_o ten_o per_fw-la cent._n or_o more_o at_o that_o low_a rate_n can_v be_v content_a to_o have_v more_o money_n lie_v dead_a by_o they_o than_o now_o when_o it_o be_v high_a by_o which_o mean_v there_o will_v be_v less_o money_n stir_v in_o trade_n and_o a_o great_a scarcity_n which_o will_v raise_v it_o upon_o the_o borrower_n by_o this_o monopoly_n and_o what_o a_o part_n of_o our_o treasure_n their_o skill_n and_o management_n join_v with_o other_o laziness_n or_o want_n of_o skill_n be_v apt_a to_o draw_v into_o their_o hand_n be_v to_o be_v know_v by_o those_o vast_a sum_n of_o money_n they_o be_v find_v to_o owe_v at_o the_o shut_n up_o of_o the_o exchequer_n and_o though_o it_o be_v very_o true_a yet_o it_o be_v almost_o beyond_o belief_n that_o one_o private_a goldsmith_n of_o london_n shall_v have_v credit_n upon_o his_o single_a security_n be_v usual_o nothing_o but_o a_o note_n under_o one_o of_o his_o servant_n hand_n for_o above_o 〈…〉_z at_o once_o the_o same_o reason_n i_o suppose_v will_v still_o keep_v on_o the_o same_o trade_n and_o when_o you_o have_v take_v it_o down_o by_o law_n to_o that_o rate_n no_o body_n will_v think_v of_o have_v more_o than_o four_o per_fw-la cent._n of_o the_o banker_n though_o those_o who_o have_v need_v of_o money_n to_o employ_v it_o in_o trade_n will_v not_o then_o any_o more_o than_o now_o get_v it_o under_o five_o or_o six_o or_o as_o some_o pay_n seven_o or_o eight_o and_o if_o they_o have_v then_o when_o the_o law_n permit_v man_n to_o make_v more_o profit_n of_o their_o money_n so_o large_a a_o proportion_n of_o the_o cash_n of_o the_o nation_n in_o their_o hand_n who_o can_v think_v but_o that_o by_o this_o law_n it_o shall_v be_v more_o drive_v into_o lombardstreet_n now_o there_o be_v many_o now_o who_o lend_v they_o at_o four_o or_o five_o per_fw-la cent._n who_o will_v not_o lend_v to_o other_o at_o six_o it_o will_v therefore_o perhaps_o bring_v down_o the_o rate_n of_o money_n to_o the_o borrower_n and_o certain_o distribute_v it_o better_o to_o the_o advantage_n of_o trade_n in_o the_o country_n if_o the_o legal_a use_n weâ—e_v keep_v pretty_a near_o to_o the_o natural_a by_o naâ—urâ—l_o uâ—e_v i_o mean_v that_o rate_n of_o money_n which_o the_o present_a scarcity_n of_o it_o make_v it_o natural_o at_o upon_o a_o equal_a distribution_n of_o it_o for_o then_o man_n be_v license_v by_o the_o law_n to_o take_v near_o the_o full_a natural_a use_n will_v not_o be_v forward_o to_o carry_v it_o to_o london_n to_o put_v it_o into_o the_o banker_n hand_n but_o will_v lend_v it_o to_o their_o
neighbour_n in_o the_o country_n where_o it_o be_v convenient_a for_o trade_n it_o shall_v be_v but_o if_o you_o lessen_v the_o rate_n of_o use_n the_o lender_n who_o interest_n it_o be_v to_o keep_v up_o the_o rate_n of_o money_n will_v rather_o lend_v it_o to_o the_o banker_n at_o the_o legal_a interest_n than_o to_o the_o tradesman_n or_o gentleman_n who_o when_o the_o law_n be_v break_v shall_v be_v sure_a to_o pay_v the_o full_a natural_a interest_n or_o more_o because_o of_o the_o engross_n by_o the_o banker_n as_o well_o as_o the_o risque_n in_o transgress_v the_o law_n whereas_o be_v the_o natural_a use_v suppose_v seven_o per_fw-la cent._n and_o the_o legal_a six_o first_o the_o owner_n will_v not_o venture_v the_o penalty_n of_o the_o law_n for_o the_o gain_v 1_o â—_o part_n that_o be_v the_o utmost_a his_o money_n will_v yield_v nor_o will_v the_o banker_n venture_v to_o borrow_v where_o his_o gain_n will_v be_v but_o one_o per_fw-la cent._n nor_o the_o money_v man_n lend_v he_o what_o he_o can_v make_v better_a profit_n of_o legal_o at_o home_n all_o the_o danger_n lie_v in_o this_o that_o if_o your_o be_v behind_o hand_n have_v make_v the_o natural_a use_n so_o high_a that_o your_o tradesman_n can_v live_v upon_o his_o labour_n but_o that_o your_o rich_a neighbour_n will_v so_o undersell_v you_o that_o the_o return_v you_o make_v will_v not_o amount_v to_o pay_v the_o use_n and_o afford_v a_o livelihood_n there_o be_v no_o way_n to_o recover_v from_o this_o but_o by_o a_o general_a frugality_n and_o industry_n or_o be_v master_n of_o the_o trade_n of_o some_o commodity_n which_o the_o world_n must_v have_v from_o you_o at_o your_o rate_n and_o can_v be_v other_o where_o supply_v now_o i_o think_v the_o natural_a interest_n of_o money_n be_v raise_v two_o way_n first_o when_o the_o money_n of_o a_o country_n be_v but_o little_a in_o proportition_n to_o the_o debt_n of_o the_o inhabitant_n one_o among_o another_o for_o suppose_v 10000_o l._n be_v sufficient_a to_o manage_v the_o trade_n of_o bermuda_n and_o that_o the_o ten_o first_o planter_n carry_v over_o 20000_o l._n which_o they_o lend_v to_o the_o several_a tradesman_n and_o inhabitant_n of_o the_o country_n who_o live_v above_o their_o gain_n have_v spend_v 10000_o l._n of_o this_o money_n and_o it_o werâ—_n go_v out_o of_o the_o island_n it_o be_v evident_a that_o shall_v all_o the_o creditor_n at_o once_o call_v in_o their_o money_n there_o will_v be_v a_o great_a scarcity_n of_o money_n when_o that_o employ_v in_o trade_n must_v be_v take_v out_o of_o the_o tradesmen_n hand_n to_o pay_v debt_n or_o else_o the_o debtor_n want_v money_n and_o be_v expose_v to_o their_o creditor_n 〈…〉_z interest_n will_v be_v high_a but_o this_o sell_v 〈…〉_z ing_z that_o all_o or_o the_o great_a 〈…〉_z creditor_n do_v at_o once_o call_v for_o 〈…〉_z unless_o it_o be_v in_o some_o great_a and_o 〈…〉_z be_v less_o and_o seldome_a seit_n 〈…〉_z unless_o where_o the_o debt_n 〈…〉_z own_o to_o a_o great_a pro_fw-la 〈…〉_z cause_v more_o 〈…〉_z leadeâ—s_v will_fw-ge 〈…〉_z high_a second_o that_o which_o con_fw-mi 〈…〉_z raise_v the_o 〈…〉_z of_o money_n be_v when_o 〈…〉_z to_o the_o trade_n of_o a_o country_n for_o in_o trade_n every_o body_n call_v for_o money_n according_a as_o he_o want_v it_o and_o this_o disproportion_n be_v always_o feel_v for_o if_o englishman_n owe_v in_o all_o but_o one_o million_o and_o there_o be_v a_o million_o of_o money_n in_o england_n the_o money_n will_v be_v well_o enough_o proportionable_a to_o the_o debt_n yet_o if_o two_o million_o be_v necessary_a to_o carry_v on_o the_o trade_n there_o will_v be_v a_o million_o want_v and_o the_o price_n of_o money_n will_v be_v raise_v as_o it_o be_v of_o any_o other_o commodity_n in_o a_o market_n where_o the_o merchandise_n will_v not_o serve_v half_o the_o customer_n and_o there_o be_v two_o buyer_n for_o one_o seller_n it_o be_v in_o vain_a therefore_o to_o go_v about_o effectual_o to_o reduce_v the_o price_n of_o interest_n by_o a_o law_n and_o you_o may_v as_o rational_o hope_v to_o set_v a_o fix_a rate_n upon_o the_o hire_n of_o house_n or_o ship_n as_o of_o money_n he_o that_o want_v a_o vessel_n rather_o than_o lose_v his_o market_n will_v not_o stick_v to_o have_v it_o at_o the_o market_n rate_v and_o find_v way_n to_o do_v it_o with_o security_n to_o the_o owner_n though_o the_o rate_n be_v limit_v by_o a_o law_n and_o he_o that_o want_v money_n rather_o than_o lose_v his_o voyage_n or_o his_o trade_n will_v pay_v the_o natural_a interest_n for_o it_o and_o submit_v to_o such_o way_n of_o conveyance_n as_o shall_v keep_v the_o lender_n out_o of_o the_o reach_n of_o the_o law_n so_o that_o your_o act_n at_o â—est_n will_v serve_v only_o to_o increase_v the_o art_n of_o lend_v but_o not_o at_o all_o lessen_v the_o charge_n of_o the_o borrower_n he_o it_o be_v likely_a shall_v with_o more_o trouble_n and_o go_v far_o about_o pay_v also_o the_o more_o for_o his_o money_n unless_o you_o intend_v to_o break_v in_o only_a upon_o mortgage_n and_o contract_n already_o make_v and_o which_o be_v not_o to_o be_v suppose_v by_o a_o law_n post_fw-la factum_fw-la void_a bargain_n lawful_o make_v and_o give_v to_o richard_n what_o be_v peter_n due_a for_o no_o other_o reason_n but_o because_o one_o be_v borrower_n and_o the_o other_o lender_n but_o suppose_v the_o law_n reach_v the_o intention_n of_o the_o promoter_n of_o it_o and_o that_o this_o act_n be_v so_o contrive_v that_o it_o force_v the_o national_a price_n of_o money_n and_o hinder_v its_o be_v by_o any_o body_n lend_v at_o a_o high_a use_n than_o 4_o l._n per._n cent._n which_o be_v plain_a it_o can_v let_v we_o in_o the_o next_o place_n see_v what_o will_v be_v the_o consequence_n of_o it_o 1._o it_o will_v be_v a_o loss_n to_o widow_n orphan_n and_o all_o those_o who_o have_v their_o estate_n in_o money_n one_o three_o of_o their_o estate_n which_o will_v be_v a_o very_a hard_a case_n upon_o a_o great_a number_n of_o people_n and_o it_o be_v wary_o to_o be_v consider_v by_o the_o wisdom_n of_o the_o nation_n whether_o they_o will_v thus_o at_o one_o blow_n fine_a and_o impoverish_v a_o great_a and_o innocent_a paâ—t_n of_o the_o people_n who_o have_v their_o estatâ—â—_n in_o money_n have_v as_o much_o right_o to_o make_v aâ—_n much_o of_o their_o money_n as_o it_o be_v worth_a for_o more_o they_o can_v as_o the_o landlord_n haâ—_n to_o let_v his_o â—and_n for_o as_o much_o as_o it_o will_v yield_v and_o to_o â—ine_z man_n one_o third_z of_o their_o estate_n without_o any_o crime_n or_o offence_n commit_v seem_v very_o hard_o 2._o as_o it_o will_v be_v a_o considerable_a loss_n and_o injury_n to_o they_o so_o it_o will_v be_v no_o advantage_n at_o all_o to_o the_o kingdom_n for_o so_o trade_n be_v not_o cramp_v and_o the_o exportation_n of_o our_o native_a commodity_n and_o manufacture_n not_o hinder_v it_o will_v be_v no_o matter_n to_o the_o kingdom_n who_o among_o ourselves_o get_v or_o lose_v only_o common_a charity_n teach_v those_o shall_v be_v most_o take_v care_n of_o by_o the_o law_n who_o be_v least_o capable_a of_o take_v care_n for_o themselves_o 3._o it_o will_v be_v a_o gain_n to_o the_o borrow_v merchant_n for_o if_o he_o borrow_v at_o four_o per_fw-la cent_z and_o his_o return_v be_v twelve_o per_fw-la cent._n he_o will_v have_v eight_o per_fw-la cent._n and_o the_o lender_n four_o whereas_o now_o they_o divide_v the_o profit_n equal_o at_o six_o per_fw-la cent._n but_o this_o neither_o get_v nor_o lose_v the_o kingdom_n in_o your_o trade_n suppose_v the_o merchant_n and_o lender_n to_o be_v both_o englishman_n only_o it_o will_v as_o i_o have_v say_v transfer_v a_o three_o part_n of_o the_o moneyed_a man_n estate_n who_o have_v nothing_o else_o to_o live_v on_o into_o the_o merchant_n pocket_n and_o that_o without_o any_o merit_n in_o the_o one_o or_o trangression_n in_o the_o other_o and_o that_o to_o the_o prejudice_n of_o trade_n since_o it_o will_v discourage_v lend_v at_o such_o a_o disproportion_n of_o profit_n to_o risque_n as_o we_o shall_v see_v more_o by_o and_o by_o when_o we_o come_v to_o consider_v of_o what_o consequence_n it_o be_v to_o encourage_v lend_v that_o so_o none_o of_o the_o money_n of_o the_o nation_n may_v lie_v dead_a and_o thereby_o prejudice_v trade_n 4._o it_o will_v hinder_v trade_n for_o there_o be_v a_o certain_a proportion_n of_o money_n necessary_a for_o drive_v such_o a_o proportion_n of_o trade_n so_o much_o money_n of_o this_o as_o lie_v still_o lessen_v so_o much_o of_o the_o trade_n now_o it_o can_v be_v rational_o expect_v but_o that_o where_o the_o venture_n be_v great_a and_o the_o gain_v small_a as_o
it_o be_v in_o lend_v in_o england_n upon_o low_a interest_n many_o will_v choose_v rather_o to_o hoard_v up_o their_o money_n than_o venture_v it_o abroad_o on_o such_o term_n this_o will_v be_v a_o loss_n to_o the_o kingdom_n and_o such_o a_o loss_n as_o here_o in_o england_n ought_v chief_o to_o be_v look_v after_o for_o we_o have_v no_o mine_n nor_o any_o other_o way_n of_o get_v or_o keep_v of_o riches_n among_o we_o but_o by_o trade_n so_o much_o of_o our_o trade_n as_o be_v lose_v so_o much_o of_o our_o riches_n must_v necessary_o go_v with_o it_o and_o the_o overbalancing_a of_o trade_n between_o we_o and_o our_o neighbour_n must_v inevitable_o carry_v away_o our_o money_n and_o quick_o leave_v we_o poor_a and_o expose_v in_o a_o country_n not_o furnish_v by_o nature_n with_o mine_n of_o gold_n and_o silver_n and_o those_o too_o as_o far_o as_o i_o can_v observe_v be_v general_o poor_a enough_o the_o digging_z and_o resine_v of_o those_o metal_n take_v up_o the_o labour_n and_o waste_v the_o number_n of_o the_o people_n for_o which_o reason_n the_o wise_a policy_n of_o the_o chineses_n will_v not_o suffer_v those_o mine_n they_o have_v to_o be_v wrought_v there_o be_v but_o two_o way_n of_o grow_v rich_a i._n e._n of_o bring_v more_o riches_n and_o consequent_o more_o plenty_n of_o all_o the_o conveniency_n of_o life_n than_o what_o fall_v to_o the_o share_n of_o neighbour_a kingdom_n and_o state_n and_o those_o two_o way_n of_o grow_v rich_a be_v either_o conquest_n or_o commerce_n by_o the_o first_o the_o roman_n make_v themselves_o master_n of_o the_o riches_n of_o the_o world_n but_o i_o think_v that_o in_o our_o present_a circumstance_n no_o body_n be_v vain_a enough_o to_o entertain_v a_o thought_n of_o our_o reap_v the_o profit_n of_o the_o world_n by_o our_o sword_n and_o make_v the_o spoil_n and_o tribute_n of_o vanquish_a nation_n the_o fund_z for_o the_o supply_n of_o the_o charge_n of_o the_o government_n with_o a_o overplus_n for_o the_o want_n and_o equal_o crave_v luxury_n and_o fashionable_a vanity_n of_o the_o people_n commerce_n therefore_o be_v the_o only_a way_n leave_v to_o we_o either_o for_o riches_n or_o subsistence_n for_o this_o tâ—e_v advantage_n of_o our_o situation_n as_o well_o as_o the_o industry_n and_o inclination_n of_o our_o people_n bold_a and_o skilful_a at_o sea_n do_v natural_o fit_v we_o by_o this_o the_o nation_n of_o england_n haâ—_n be_v hitherto_o support_v and_o trade_n leave_v almost_o to_o itself_o and_o assist_v only_o by_o the_o natural_a advantage_n abovementioned_a bring_v we_o in_o plenty_n and_o riches_n and_o always_o set_v this_o kingdom_n in_o a_o rank_n equal_a if_o not_o superior_a to_o any_o of_o its_o neighbour_n and_o will_v no_o doubt_v without_o any_o difficulty_n have_v continue_v it_o so_o if_o the_o more_o enlarge_v and_o better_o understand_v interest_n of_o trade_n since_o the_o improvement_n of_o navigation_n have_v not_o raise_v we_o many_o rival_n and_o the_o amaze_a politic_n of_o some_o late_a reign_n let_v in_o other_o competitor_n with_o we_o for_o the_o sea_n who_o will_v be_v sure_a to_o seize_v to_o themselves_o whatever_o part_n of_o trade_n our_o mismanagement_n or_o want_v of_o money_n shall_v let_v slip_n out_o of_o our_o hand_n and_o when_o it_o be_v once_o lose_v it_o will_v be_v too_o late_o to_o hope_v by_o a_o mistimed_a care_n easy_o to_o retrieve_v it_o again_o for_o the_o current_n of_o trade_n like_o those_o of_o water_n make_v themselves_o channel_n out_o of_o which_o they_o be_v afterward_o as_o hard_o to_o be_v divert_v as_o river_n that_o have_v wear_v themselves_o deep_a within_o their_o bank_n trade_n then_o be_v necessary_a to_o the_o produce_v of_o riches_n and_o money_n necessary_a to_o the_o carry_v on_o of_o trade_n this_o be_v principal_o to_o be_v look_v after_o and_o take_v care_n of_o for_o if_o this_o be_v neglect_v we_o shall_v in_o vain_a by_o contrivance_n among_o ourselves_o and_o shuttle_v the_o little_a money_n we_o have_v from_o one_o another_o hand_n endeavour_v to_o prevent_v our_o want_n decay_n of_o trade_n will_v quick_o waste_v all_o the_o remainder_n and_o then_o the_o land_a man_n who_o think_v perhaps_o by_o the_o fall_n of_o interest_n to_o raise_v the_o value_n of_o his_o land_n will_v find_v himself_o cruel_o mistake_v when_o the_o money_n be_v go_v as_o it_o will_v be_v if_o our_o trade_n be_v not_o keep_v up_o he_o can_v get_v neither_o farmer_n to_o rend_v nor_o purchaser_n to_o buy_v his_o land_n whatsoever_o therefore_o hinder_v the_o lend_n of_o money_n injure_v trade_n and_o so_o the_o reduce_n of_o money_n to_o four_o per_fw-la cent._n which_o will_v discourage_v man_n from_o lend_v will_v be_v a_o loss_n to_o the_o kingdom_n in_o stop_v so_o much_o of_o the_o current_n of_o money_n which_o turn_v the_o wheel_n of_o trade_n but_o all_o this_o upon_o a_o supposition_n that_o the_o lender_n and_o borrower_n be_v both_o english_a man_n if_o the_o lender_n be_v a_o foreigner_n by_o lessen_v interest_n from_o six_o to_o four_o you_o get_v to_o the_o kingdom_n â…“_n of_o the_o interest_n we_o pay_v yearly_a to_o foreigner_n which_o let_v any_o one_o if_o he_o please_v think_v considerable_a but_o then_o upon_o lessen_v interest_n to_o four_o per_fw-la cent._n it_o be_v likely_a one_o of_o these_o thing_n will_v happen_v that_o either_o you_o fall_v the_o price_n of_o your_o native_a commodity_n or_o lessen_v your_o trade_n or_o else_o prevent_v not_o the_o high_a use_n as_o you_o intend_v for_o at_o the_o time_n of_o lessen_v your_o interest_n you_o want_v money_n or_o you_o do_v not_o if_o you_o do_v not_o there_o be_v no_o need_n to_o prevent_v borrow_v at_o a_o high_a rate_n of_o your_o neighbour_n for_o there_o can_v be_v no_o money_n borrow_v but_o in_o order_n to_o trade_n for_o what_o be_v not_o employ_v in_o trade_n lie_v still_o and_o no_o body_n borrow_v for_o that_o for_o borrow_v of_o one_o to_o pay_v what_o we_o owe_v to_o another_o may_v be_v general_o account_v to_o be_v for_o trade_n it_o be_v very_o seldom_o people_n call_v in_o their_o money_n to_o let_v it_o lie_v still_o and_o if_o you_o do_v want_v money_n necessity_n will_v still_o make_v you_o borrow_v of_o they_o and_o at_o the_o rate_n your_o necessity_n not_o your_o law_n shall_v set_v or_o else_o if_o there_o be_v fearcity_n of_o money_n it_o must_v hinder_v the_o merchant_n buy_v and_o exportation_n and_o the_o artisan_n manufacture_n now_o the_o kingdom_n get_v or_o lose_v by_o this_o for_o no_o question_n the_o merchant_n by_o low_a 〈◊〉_d get_v all_o the_o while_n only_a proportionable_o allow_v the_o consumption_n of_o foreign_a commodity_n to_o be_v still_o the_o sâ—me_n as_o the_o pay_n of_o use_n to_o foreigner_n carry_v away_o more_o or_o less_o of_o our_o money_n than_o want_v of_o money_n and_o stop_v our_o trade_n keep_v we_o from_o bring_v in_o by_o hinder_v our_o gain_n which_o can_v be_v only_o estimate_v by_o those_o who_o know_v how_o much_o money_n we_o borrow_v of_o foreigner_n and_o at_o what_o rate_n and_o too_o what_o profit_n in_o trade_n we_o make_v of_o that_o money_n though_o perhaps_o it_o will_v appear_v true_a upon_o examination_n that_o our_o grow_a rich_a or_o poor_a depend_v not_o at_o all_o upon_o our_o borrow_n upon_o 〈◊〉_d or_o not_o but_o only_o which_o be_v great_a oâ—_n less_o our_o importation_n or_o exportation_n of_o consumable_a commodity_n for_o suppose_v two_o million_o of_o money_n will_v drive_v the_o trade_n of_o england_n and_o that_o we_o have_v money_n enough_o of_o our_o own_o to_o do_v it_o if_o we_o consume_v oâ—_n our_o own_o product_n and_o manufacture_n and_o what_o we_o purchase_v by_o it_o of_o foreign_a commodity_n one_o million_o but_o of_o the_o other_o million_o consume_v nothing_o but_o make_v a_o return_n of_o ten_o per_fw-la cent._n per_fw-la an._n we_o must_v then_o every_o year_n be_v 100000_o l._n rich_a and_o our_o stock_n be_v so_o much_o increase_v but_o if_o we_o import_v more_o consumable_a commodity_n than_o we_o export_v our_o money_n must_v go_v out_o to_o pay_v for_o they_o and_o we_o grow_v poor_a suppose_v therefore_o ill_a husbandry_n have_v bring_v we_o to_o one_o million_o stock_n and_o we_o borrow_v the_o other_o million_o as_o we_o must_v or_o lose_v half_a our_o trade_n at_o six_o per_fw-la cent._n if_o we_o consume_v one_o moiety_n and_o make_v still_o ten_o per_fw-la cent._n per_fw-la an._n return_v of_o the_o other_o million_o the_o kingdom_n get_v 40000_o l._n per_fw-la an._n though_o it_o pay_v 60000_o l._n per_fw-la an._n use._n so_o that_o if_o the_o merchant_n return_n be_v more_o than_o his_o use_n which_o it_o be_v certain_a it_o be_v or_o else_o he_o will_v not_o trade_n and_o all_o that_o be_v
trade_n or_o else_o lie_v still_o too_o in_o great_a sum_n which_o be_v the_o same_o stop_n of_o money_n or_o a_o great_a add_v to_o this_o that_o to_o pay_v the_o creditor_n that_o lend_v he_o his_o rent_n he_o must_v gather_v up_o money_n by_o degree_n as_o the_o sale_n of_o his_o commodity_n shall_v bring_v it_o in_o and_o so_o make_v a_o great_a stop_n and_o great_a want_n of_o money_n since_o the_o borrow_a money_n that_o pay_v the_o landholder_n the_o 25_o of_o march_n must_v be_v suppose_v to_o lie_v still_o some_o time_n in_o the_o creditor_n hand_n before_o he_o lend_v it_o the_o tenant_n and_o the_o money_n that_o pay_v the_o creditor_n three_o month_n after_o must_v lie_v still_o some_o time_n in_o the_o tenant_n nor_o do_v the_o landlord_n pay_v away_o his_o rent_n usual_o as_o soon_o as_o he_o receive_v it_o but_o by_o degree_n as_o his_o occasion_n call_v for_o it_o we_o can_v but_o suppose_v that_o between_o the_o landlord_n and_o tenant_n there_o must_v necessary_o be_v at_o least_o ¼_n of_o the_o yearly_a revenue_n of_o the_o land_n constant_o in_o their_o hand_n indeed_o consider_v that_o most_o part_n of_o the_o rent_n of_o england_n be_v pay_v at_o our_o lady-day_n and_o michaelmas_n and_o that_o the_o same_o money_n which_o pay_v i_o my_o rent_n from_o my_o tenant_n the_o 25_o of_o march_n or_o thereabouts_o can_v pay_v my_o next_o neighbour_n his_o rent_n from_o his_o tenant_n at_o the_o same_o time_n much_o less_o one_o more_o remote_a in_o another_o country_n it_o may_v seem_v requisite_a to_o suppose_v half_o the_o yearly_a revenue_n of_o the_o land_n to_o be_v necessary_o employ_v in_o pay_v of_o rent_n for_o to_o say_v that_o some_o tenant_n break_v and_o pay_v not_o their_o rent_n at_o all_o and_o other_o pay_v not_o till_o two_o three_o four_o five_o six_o etc._n etc._n month_n after_o quarter-day_n and_o so_o the_o rent_n be_v not_o all_o pay_v at_o one_o time_n be_v no_o more_o than_o to_o say_v that_o there_o be_v money_n want_v to_o the_o trade_n for_o if_o the_o tenant_n fail_v the_o landlord_n he_o must_v fail_v his_o creditor_n and_o he_o he_o and_o so_o on_o till_o somebody_o break_v and_o so_o trade_n decay_n for_o want_v of_o money_n but_o since_o a_o considerable_a part_n of_o the_o land_n of_o england_n be_v in_o the_o owner_n hand_n who_o neither_o pay_n nor_o receive_v great_a sum_n for_o it_o at_o a_o certain_a day_n and_o because_o too_o which_o be_v the_o chief_a reason_n we_o be_v not_o to_o consider_v here_o how_o much_o money_n be_v in_o any_o one_o man_n or_o any_o one_o sort_n of_o man_n hand_n at_o any_o one_o time_n for_o that_o at_o other_o tâ—mes_n may_v be_v distribute_v into_o other_o hand_n and_o serve_v other_o part_n of_o trade_n but_o how_o much_o money_n be_v necessary_a to_o be_v in_o each_o man_n hand_n all_o the_o year_n round_o take_v one_o time_n with_o another_o i._n e._n have_v 200_o l._n in_o his_o hand_n one_o month_n be_v to_o be_v reckon_v as_o 100_o l._n in_o his_o hand_n three_o month_n and_o so_o proportionable_o i_o think_v we_o may_v well_o suppose_v ¼_n of_o the_o yearly_a revenue_n to_o be_v constant_o in_o the_o landlord_n or_o tenant_n hand_n â—_z by_o the_o by_o we_o may_v observe_v that_o it_o be_v better_o for_o trade_n and_o consequent_o for_o every_o body_n â—or_a more_o money_n woâ—â—d_v be_v stir_v and_o less_o will_v do_v tâ—e_v business_n if_o rent_n be_v pay_v by_o 〈◊〉_d inâ—â—rvals_n than_o six_o month_n for_o suâ—â—â—sing_v i_o let_v a_o farm_n at_o 52_o l._n per_fw-la an._n iâ—_n my_o rent_n be_v pay_v half_o yearly_a there_o be_v reâ—â—â—â—ed_v 26_o l._n to_o be_v employ_v in_o the_o payment_n of_o it_o in_o â—ne_a entire_a sum._n if_o it_o â—e_v pay_v well_o and_o if_o it_o be_v not_o pay_v well_o 〈◊〉_d â—â—nt_n of_o so_o 〈◊〉_d money_n to_o be_v spare_v to_o that_o purpose_n there_o be_v so_o much_o want_n of_o money_n and_o trade_n be_v still_o endamage_v by_o it_o a_o great_a part_n whereof_o must_v necessary_o lie_v still_o before_o it_o come_v out_o of_o my_o tenant_n chest_n to_o my_o hand_n if_o it_o be_v pay_v once_o a_o quarter_n 13_o l._n alone_o will_v do_v it_o and_o less_o money_n be_v lay_v up_o for_o it_o and_o stop_v a_o less_o while_n in_o its_o course_n but_o shall_v it_o be_v pay_v every_o week_n one_o single_a 20_o s._n will_v pay_v the_o rent_n of_o 52_o l._n per_fw-la annum_fw-la whence_o will_v follow_v this_o double_a benefit_n first_o that_o a_o great_a deal_n less_o money_n will_v serve_v for_o the_o trade_n of_o a_o country_n and_o second_o that_o less_o of_o the_o money_n will_v lie_v still_o the_o contrary_a whereof_o must_v needs_o happen_v where_o grow_a debt_n be_v to_o be_v pay_v at_o large_a distance_n and_o in_o great_a sum_n three_o as_o for_o the_o broker_n since_o they_o too_o must_v lay_v up_o the_o money_n come_v in_o by_o retail_n either_o to_o go_v to_o market_n and_o buy_v ware_n or_o to_o pay_v at_o the_o day_n appoint_v which_o be_v often_o six_o month_n for_o those_o ware_n they_o have_v already_o we_o can_v suppose_v they_o to_o have_v less_o by_o they_o one_o with_o another_o than_o one_o twenty_o part_n of_o their_o yearly_a return_v whether_o the_o money_n be_v their_o own_o or_o they_o be_v indebt_v so_o much_o or_o more_o it_o matter_n not_o if_o it_o be_v necessary_a they_o shall_v have_v constant_o by_o they_o compare_v one_o time_n with_o another_o at_o least_o one_o twenty_o part_n of_o their_o yearly_a return_n indeed_o in_o some_o great_a town_n where_o the_o banker_n be_v ready_a at_o hand_n to_o buy_v bill_n or_o any_o other_o way_n to_o lend_v money_n for_o short_a time_n at_o great_a interest_n there_o perhaps_o the_o merchant_n be_v not_o force_v to_o keep_v so_o much_o money_n by_o he_o as_o in_o other_o place_n where_o they_o have_v not_o such_o a_o supply_n but_o if_o you_o consider_v what_o money_n to_o do_v this_o must_v necessary_o be_v constant_o lodge_v in_o the_o banker_n hand_n to_o which_o if_o you_o add_v what_o part_n of_o the_o money_n of_o a_o country_n scholar_n of_o all_o sort_n woman_n gamester_n and_o great_a man_n menial_a servant_n and_o all_o such_o that_o do_v not_o contribute_v at_o all_o to_o trade_n either_o as_o landholders_n labourer_n or_o broker_n will_v unavoidable_o have_v constant_o in_o their_o hand_n it_o can_v well_o be_v think_v that_o less_o than_o one_o fifty_o part_n of_o the_o labourer_n wage_n one_o four_o part_n of_o the_o landholders_n yearly_a revenue_n and_o one_o twenty_o part_n of_o the_o broker_n yearly_o return_v in_o ready_a money_n will_v be_v enough_o to_o drive_v the_o trade_n of_o any_o country_n at_o least_o to_o put_v it_o beyond_o exception_n low_a enough_o it_o can_v be_v imagine_v that_o less_o than_o one_o moiety_n of_o this_o i._n e._n less_o than_o one_o hundred_o part_n of_o the_o labourer_n yearly_a wage_n one_o eight_o part_n of_o the_o landholders_n yearly_a revenue_n and_o one_o forty_o part_n of_o the_o broker_n yearly_o return_v in_o ready_a money_n can_v be_v enough_o to_o move_v the_o several_a wheel_n of_o trade_n and_o keep_v up_o commeree_n in_o that_o life_n and_o thrive_a posture_n it_o shall_v be_v and_o how_o much_o the_o ready_a cash_n of_o any_o country_n be_v short_a of_o this_o proportion_n so_o much_o must_v the_o trade_n be_v impair_v and_o hinder_v for_o want_n of_o money_n but_o however_o these_o measure_n may_v be_v mistake_v this_o be_v evident_a that_o the_o multiply_a of_o broker_n hinder_v the_o trade_n of_o any_o country_n by_o make_v the_o circulation_n the_o money_n go_v large_a and_o in_o that_o circuit_n more_o stop_v so_o that_o the_o return_v must_v necessary_o be_v flower_n and_o â—cantier_a to_o the_o prejudice_n of_o trade_n beside_o that_o they_o eat_v up_o too_o great_a a_o share_n of_o the_o gain_n of_o trade_n by_o that_o mean_n starve_v the_o labourer_n and_o impoverish_v the_o landholder_n who_o interest_n be_v chief_o to_o be_v take_v care_n of_o it_o be_v a_o settle_a unmoveable_a concernment_n in_o the_o commonwealth_n and_o therefore_o it_o will_v be_v convenient_a to_o hinder_v as_o much_o as_o be_v possible_a any_o one_o from_o sell_v any_o of_o our_o native_a commodity_n but_o he_o that_o make_v it_o shopkeeper_n in_o this_o be_v worse_o than_o gamester_n for_o they_o do_v not_o only_o keep_v so_o much_o of_o the_o money_n of_o a_o country_n constant_o in_o their_o hand_n but_o also_o make_v the_o public_a pay_v they_o for_o their_o keep_n of_o it_o though_o game_n too_o upon_o the_o account_n of_o trade_n as_o well_o as_o other_o reason_n may_v well_o deserve_v to_o be_v restrain_v since_o gamester_n in_o order_n to_o their_o play_n
keep_v great_a sum_n of_o money_n by_o they_o which_o there_o lie_v dead_a for_o though_o gamester_n money_n shift_v master_n often_o than_o any_o and_o be_v tumble_v up_o and_o down_o with_o every_o cast_n of_o a_o die_n yet_o as_o to_o the_o public_a lie_v perfect_o still_o and_o no_o more_o of_o it_o come_v into_o trade_n than_o they_o spend_v in_o late_v or_o wear_v here_o too_o we_o may_v observe_v how_o much_o manufacture_n deserve_v to_o be_v encourage_v since_o that_o part_n of_o trade_n though_o the_o most_o considerable_a be_v drive_v with_o the_o least_o money_n especial_o if_o the_o workmanship_n be_v more_o worth_a than_o the_o material_n for_o to_o the_o trade_n that_o be_v drive_v by_o labour_n and_o handicraft_n man_n one_o two_o and_o fifty_o part_n of_o the_o yearly_a money_n pay_v they_o will_v be_v sufficient_a but_o to_o a_o trade_n of_o commodity_n of_o our_o bare_a native_a growth_n much_o great_a proportion_n of_o money_n be_v require_v perhaps_o it_o will_v be_v wonder_v why_o have_v give_v some_o estimate_n how_o wide_a i_o know_v not_o of_o the_o money_n necessary_a in_o the_o hand_n of_o the_o landholder_n labourer_n and_o brâ—ker_n to_o carry_v on_o trade_n i_o have_v say_v nothing_o of_o the_o consumer_n who_o i_o have_v mention_v before_o but_o to_o this_o i_o answer_v there_o be_v so_o few_o consumer_n who_o be_v not_o either_o labourer_n broker_n or_o landholders_n for_o those_o who_o immediate_o depend_v on_o the_o landholder_n as_o his_o child_n and_o servant_n come_v in_o under_o that_o title_n be_v maintain_v by_o the_o rent_n of_o his_o land_n and_o so_o of_o the_o rest_n that_o they_o make_v a_o very_a inconsiderable_a part_n in_o the_o account_n by_o what_o have_v be_v say_v we_o may_v see_v what_o injury_n the_o lower_a of_o interest_n be_v like_a to_o do_v we_o by_o hinder_v trade_n when_o it_o shall_v either_o make_v the_o foreigner_n call_v home_o his_o money_n or_o your_o own_o people_n backward_o to_o lend_v the_o reward_v not_o be_v judge_v proportionable_a to_o the_o risk_a there_o be_v another_o seem_a consequence_n of_o the_o reduce_n of_o money_n to_o a_o low_a price_n which_o at_o first_o sight_n have_v such_o a_o appearance_n of_o truth_n in_o it_o that_o i_o have_v know_v it_o impose_v upon_o very_o able_a man_n and_o i_o guess_n have_v no_o small_a influence_n at_o this_o time_n in_o the_o promote_a this_o alteration_n aâ—d_v that_o be_v that_o the_o lower_a of_o interest_n will_v raise_v the_o value_n of_o all_o other_o thing_n in_o proportion_n for_o money_n be_v the_o counterbalance_n to_o all_o other_o thing_n purchasable_a by_o it_o and_o lie_v at_o it_o be_v in_o the_o opposite_a scale_n of_o commerce_n it_o look_v like_o a_o natural_a consequence_n that_o as_o much_o as_o you_o take_v off_o from_o the_o value_n of_o money_n 〈◊〉_d much_o you_o add_v to_o the_o price_n of_o other_o thing_n which_o be_v exchange_v for_o it_o the_o raise_n of_o the_o price_n of_o any_o thing_n be_v no_o more_o but_o the_o addition_n to_o its_o value_n in_o respect_n of_o money_n or_o which_o be_v all_o one_o lessen_v the_o value_n of_o money_n for_o example_n shall_v the_o value_n of_o gold_n be_v bring_v down_o to_o that_o of_o silver_n 100_o guineas_n will_v purchase_v little_a more_o corn_n wool_n or_o land_n than_o 100_o shilling_n and_o so_o the_o value_n of_o money_n be_v bring_v low_a say_v they_o the_o price_n of_o other_o thing_n will_v rise_v and_o the_o fall_n of_o interest_n from_o 6_o to_o 4_o per_fw-la cent._n be_v take_v away_o so_o much_o of_o the_o price_n of_o money_n and_o so_o consequent_o the_o lessen_v its_o value_n the_o mistake_n of_o this_o plausible_a way_n of_o reason_v will_v be_v easy_o discover_v when_o we_o consider_v that_o the_o measure_n of_o the_o value_n of_o money_n in_o proportion_n to_o any_o thing_n purchasable_a by_o it_o be_v the_o quantity_n of_o the_o ready_a money_n we_o have_v in_o comparison_n with_o the_o quantity_n of_o that_o thing_n and_o its_o vent_n which_o vent_n depend_v upon_o its_o necessity_n or_o usefulness_n as_o convenience_n of_o life_n or_o opinion_n guide_v by_o fancy_n or_o fashion_n shall_v determine_v or_o which_o amount_v to_o the_o same_o thing_n the_o price_n of_o any_o commodity_n rise_v or_o fall_v by_o the_o proportion_n of_o the_o number_n of_o buyer_n and_o seller_n â—_z whereby_o the_o vent_n come_v to_o be_v increase_v or_o decrease_v as_o a_o great_a part_n of_o the_o money_n we_o have_v be_v design_v to_o be_v lay_v out_o by_o several_a people_n at_o the_o same_o time_n rather_o in_o one_o thing_n than_o another_o as_o we_o see_v in_o the_o change_n of_o fashion_n this_o rule_n hold_v universal_o in_o all_o thing_n that_o be_v to_o be_v buy_v and_o sell_v bate_v now_o and_o then_o a_o extravagant_a fancy_n of_o some_o particular_a person_n which_o never_o amount_v to_o so_o considerable_a a_o part_n of_o trade_n as_o to_o make_v any_o thing_n in_o the_o account_n worthy_a to_o be_v think_v a_o exception_n to_o this_o rule_n i_o shall_v begin_v first_o with_o the_o necessary_n or_o conveniency_n of_o life_n and_o the_o consumable_a commodity_n subservient_fw-fr thereunto_o and_o show_v that_o the_o value_n of_o money_n in_o respect_n of_o those_o depend_v only_o on_o the_o plenty_n or_o scarcity_n of_o money_n in_o proportion_n to_o the_o plenty_n and_o scarcity_n of_o those_o thing_n and_o not_o on_o what_o interest_n shall_v be_v by_o necessity_n law_n or_o contract_n at_o that_o time_n lay_v on_o the_o borrow_n of_o money_n and_o then_o afterward_o i_o shall_v show_v that_o the_o same_o hold_v in_o land_n there_o be_v nothing_o more_o confirm_v by_o daily_a experience_n than_o that_o man_n give_v any_o portion_n of_o money_n for_o whatsoever_o be_v absolute_o necessary_a rather_o than_o go_v without_o it_o and_o in_o such_o thing_n the_o scarcity_n of_o they_o alone_o make_v their_o price_n as_o for_o example_n let_v we_o suppose_v 1_o â—_o ounce_n of_o silver_n or_o half_o a_o crown_n now_o in_o england_n be_v worth_a a_o bushel_n of_o wheat_n but_o shall_v there_o be_v next_o year_n a_o great_a scarcity_n of_o wheat_n in_o england_n and_o a_o proportionable_a want_n of_o all_o other_o food_n five_o ounce_n of_o siver_z will_v perhaps_o in_o exchange_n purchase_v but_o one_o bushel_n of_o wheat_n so_o that_o money_n will_v be_v then_o 9_o 10_o less_o worth_a in_o respect_n oâ—_n food_n though_o at_o the_o same_o value_v it_o be_v before_o in_o respect_n of_o other_o thing_n that_o keep_v their_o former_a proportion_n in_o their_o quantity_n and_o consumption_n by_o the_o like_a proportion_n of_o increase_n and_o decrease_v do_v the_o value_n of_o thing_n more_o or_o less_o convenient_a rise_n and_o fall_v in_o respect_n of_o money_n only_o with_o this_o difference_n that_o thing_n absolute_o necessary_a for_o life_n must_v be_v have_v at_o any_o rate_n but_o thing_n convenient_a will_v be_v have_v only_o as_o they_o stand_v in_o preference_n with_o other_o conveniency_n and_o therefore_o in_o any_o one_o of_o these_o commodity_n the_o value_n rise_v only_o as_o its_o quantity_n be_v less_o and_o vent_v great_a which_o depend_v upon_o its_o be_v prefer_v to_o other_o thing_n in_o its_o consumption_n for_o suppose_v that_o at_o the_o same_o time_n that_o there_o be_v a_o gâ—â—at_a scarcity_n of_o whâ—â—t_n and_o other_o grain_n there_o be_v a_o considerable_a quantity_n of_o oâ—â—s_n man_n no_o question_n will_v give_v far_o more_o for_o wheat_n than_o oat_n as_o be_v the_o healthy_a pleasant_a and_o more_o convenient_a food_n but_o since_o oat_n will_v serve_v to_o supply_v that_o absolute_a necessity_n of_o sustain_a life_n man_n will_v not_o rob_v themselves_o of_o all_o other_o conveniency_n of_o life_n by_o pay_v all_o their_o money_n for_o wheat_n when_o oat_n that_o be_v cheap_a though_o with_o some_o inconvenience_n will_v supply_v that_o defect_n it_o may_v then_o so_o happen_v at_o the_o same_o time_n that_o half_o a_o ounce_n of_o silver_n that_o the_o year_n before_o will_v buy_v one_o bushel_n of_o wheat_n will_v this_o year_n buy_v but_o 1_o 10_o of_o a_o bushel_n half_o a_o ounce_n of_o silver_n that_o the_o year_n before_o will_v have_v buy_v three_o bushel_n of_o oat_n will_v this_o year_n still_o buy_v one_o bushel_n and_o at_o the_o same_o time_n half_a a_o ounce_n of_o silver_n that_o will_v the_o year_n before_o have_v buy_v 15_o pound_n of_o lead_n will_v still_o buy_v the_o same_o quantity_n so_o that_o at_o the_o same_o time_n silver_n in_o respect_n of_o wheat_n be_v 9_o 10_o less_o worth_a than_o it_o be_v in_o respect_n of_o oat_n â…”_n less_o worth_a and_o in_o respect_n of_o lead_n as_o much_o worth_n as_o before_o the_o fall_n therefore_o or_o rise_v of_o interest_n make_v
neither_o more_o or_o less_o land_n money_n or_o any_o sort_n of_o commodity_n in_o england_n than_o there_o be_v before_o immediate_o by_o its_o change_n alter_v not_o at_o all_o the_o value_n of_o money_n in_o reference_n to_o commodity_n because_o the_o measure_n of_o that_o be_v only_o the_o quantity_n and_o vent_n which_o be_v not_o immediate_o change_v by_o the_o change_n of_o interest_n but_o only_o as_o the_o change_n of_o interest_n in_o trade_n conduce_v to_o the_o bring_n in_o or_o carry_v out_o money_n or_o commodity_n and_o so_o in_o time_n vary_v their_o proportion_n here_o in_o england_n from_o what_o it_o be_v before_o which_o be_v not_o in_o this_o place_n to_o be_v consider_v this_o be_v perfect_o the_o value_n of_o money_n in_o respect_n of_o consumable_a commodity_n but_o the_o better_a to_o understand_v it_o in_o its_o full_a latitude_n in_o respect_n both_o of_o consumable_a commodity_n and_o land_n too_o we_o must_v consider_v first_o that_o the_o value_n of_o land_n consist_v in_o this_o that_o by_o its_o constant_a production_n of_o saleable_a commodity_n it_o bring_v in_o a_o certain_a yearly_a income_n second_o the_o value_n of_o commodity_n consist_v in_o this_o that_o as_o portable_a and_o useful_a thing_n they_o by_o their_o exchange_n or_o consumption_n supply_v the_o necessary_n or_o conveniency_n of_o life_n three_o in_o mâ—râ—y_n there_o be_v a_o double_a value_n answer_v to_o both_o of_o these_o first_o as_o it_o be_v capable_a by_o its_o interest_n to_o yield_v we_o such_o a_o yearly_a income_n and_o in_o this_o it_o have_v the_o nature_n of_o land_n the_o income_n of_o one_o be_v call_v renâ—_n of_o the_o other_o use_v only_o with_o this_o difference_n that_o the_o land_n in_o its_o soil_n be_v different_a as_o some_o fertile_a some_o barren_a and_o the_o product_n of_o it_o very_o various_a both_o in_o their_o sort_n and_o value_v too_o according_a as_o their_o quantity_n and_o vent_n vary_v but_o moneyâ—_n constant_o the_o same_o and_o by_o its_o interest_n give_v the_o same_o sort_n of_o product_n through_o the_o whole_a country_n be_v capable_a of_o have_v a_o sixed_a yearly_a rate_n set_v upon_o it_o by_o the_o magistrate_n but_o â—and_n be_v not_o but_o though_o in_o the_o uniformity_n of_o its_o legal_a worth_n 100_o l._n of_o lawful_a money_n be_v all_o through_o england_n equal_a in_o its_o current_a value_n to_o any_o other_o 100_o l._n of_o lawful_a money_n because_o by_o virtue_n of_o the_o law_n it_o will_v every_o where_o pass_v for_o as_o much_o ware_n or_o debt_n as_o any_o other_o hundred_o pound_n be_v capable_a to_o have_v its_o yearly_a hire_n value_v better_a than_o land_n yet_o in_o respect_n of_o the_o vary_a need_n and_o necessity_n of_o money_n which_o change_v with_o the_o increase_n or_o decay_v of_o money_n or_o trade_n in_o a_o country_n it_o be_v as_o little_a capable_a to_o have_v its_o yearly_a hire_n fix_v by_o law_n as_o land_n itself_o for_o be_v all_o the_o land_n in_o rumney-marsh_n acre_n for_o acre_n equal_o good_a that_o be_v do_v constant_o produce_v the_o same_o quantity_n of_o equal_o good_a hay_n or_o grass_n one_o as_o another_o the_o rent_n of_o it_o under_o that_o consideration_n of_o every_o acre_n be_v of_o a_o equal_a worth_n will_v be_v capable_a of_o be_v regulate_v by_o law_n and_o one_o may_v as_o well_o enact_v that_o no_o acre_n of_o land_n in_o rumney-marsh_n shall_v be_v let_v for_o above_o 40_o s._n per_fw-la an._n as_o that_o no_o 100_o l._n shall_v be_v let_v for_o above_o 4_o l._n per_fw-la an._n but_o no_o body_n can_v think_v it_o fit_a since_o by_o reason_n of_o the_o equal_a value_n of_o that_o land_n it_o can_v that_o therefore_o the_o rent_n of_o the_o land_n in_o rumney-marsh_n shall_v be_v regulate_v by_o law_n for_o suppose_v all_o the_o land_n in_o rumney-marsh_n or_o in_o england_n be_v all_o of_o so_o equal_a a_o worth_n that_o any_o one_o acre_n compare_v at_o the_o same_o time_n to_o any_o one_o other_o be_v equal_o good_a in_o respect_n of_o its_o product_n yet_o the_o same_o acre_n compare_v with_o itself_o in_o different_a time_n will_v not_o in_o respect_n of_o rent_n be_v of_o equal_a value_n and_o therefore_o it_o will_v have_v be_v a_o unreasonable_a thing_n if_o in_o the_o time_n of_o henryâ—_n â—_z the_o rent_n of_o land_n in_o rumney-marsh_n have_v be_v settle_v by_o a_o law_n according_a to_o the_o judge_v value_n of_o it_o at_o that_o time_n and_o the_o same_o law_n limit_v the_o rent_n perhaps_o to_o 5_o s._n per_fw-la acre_n have_v continue_v still_o the_o absurdity_n and_o impracticableness_n of_o this_o every_o one_o see_v at_o the_o first_o proposal_n and_o ready_o conclude_v within_o himself_o that_o thing_n must_v be_v leave_v to_o find_v their_o own_o priceâ—_n and_o it_o be_v impossible_a in_o this_o their_o constant_a mutability_n for_o human_a foresight_n to_o seâ—_n rule_n and_o bound_n to_o thâ—_n constantly-varying_a proportion_n and_o use_v which_o will_v always_o regulate_v their_o value_n they_o who_o consider_v thing_n beyond_o their_o name_n will_v find_v that_o money_n as_o well_o as_o all_o other_o commodity_n be_v liable_a to_o the_o same_o change_n and_o inequality_n nay_o in_o this_o respect_n of_o the_o variety_n of_o its_o value_n bring_v in_o by_o time_n in_o the_o succession_n of_o affair_n the_o rate_n of_o money_n be_v less_o capable_a of_o be_v regulate_v by_o a_o law_n in_o any_o country_n than_o the_o rent_n of_o land_n because_o of_o the_o quick_a change_n that_o happen_v in_o trade_n this_o too_o must_v be_v add_v that_o money_n may_v be_v bring_v in_o or_o carry_v out_o of_o the_o kingdom_n which_o land_n can_v and_o so_o that_o be_v true_o worth_a 6_o or_o 8_o per_fw-la cent._n this_o year_n which_o will_v yield_v but_o 4_o the_o last_o 2._o money_n have_v a_o value_n as_o it_o be_v capable_a by_o exchange_n to_o procure_v we_o the_o necessary_n or_o conveniency_n of_o life_n and_o in_o this_o it_o have_v the_o nature_n of_o a_o commodity_n only_o with_o this_o difference_n that_o it_o serve_v we_o common_o by_o its_o exchange_n never_o almost_o by_o its_o consumption_n but_o have_v not_o at_o all_o a_o more_o stand_v settle_a value_n in_o exchange_n with_o any_o other_o thing_n than_o any_o other_o commodity_n have_v but_o a_o more_o know_a one_o and_o better_o fix_v by_o name_n number_n and_o weight_n to_o enable_v we_o to_o reckon_v what_o the_o proportion_n of_o scarcity_n and_o vent_n of_o one_o commodity_n be_v to_o another_o for_o suppose_v as_o before_o that_o half_o a_o ounce_n of_o silver_n will_v last_v year_n exchange_v for_o one_o bushel_n of_o wheat_n or_o for_o 15_o l._n weight_n of_o lead_n if_o this_o year_n wheat_n be_v 10_o time_n scarce_a and_o lead_v in_o the_o same_o quantity_n to_o its_o vent_n as_o it_o be_v be_v it_o not_o evident_a that_o half_a a_o ounce_n of_o silver_n will_v still_o exchange_v for_o 15_o l._n of_o lead_n though_o it_o will_v exchange_v but_o for_o one_o ten_o of_o a_o bushel_n of_o wheat_n and_o he_o that_o have_v use_v of_o lead_n will_v as_o soon_o take_v 15_o l._n weight_n of_o lead_n as_o â—_o ounce_n of_o silver_n for_o one_o ten_o of_o a_o bushel_n of_o wheat_n and_o no_o more_o so_o that_o if_o you_o say_v that_o money_n now_o be_v 9_o 10_o less_o worth_a than_o it_o be_v the_o former_a year_n you_o must_v say_v so_o of_o lead_n too_o and_o all_o other_o thing_n that_o keep_v the_o same_o proportion_n to_o money_n they_o be_v in_o before_o only_o this_o variation_n be_v first_o observe_v in_o money_n because_o it_o be_v the_o measure_n by_o which_o people_n reckon_v for_o call_v that_o half_a ounce_n of_o silver_n half_n a_o crown_n they_o be_v understand_v better_o when_o they_o say_v half_o a_o crown_n or_o two_o shilling_n and_o six_o penny_n will_v now_o but_o 1_o 10_o of_o a_o bushel_n of_o wheat_n but_o do_v not_o say_v that_o 15_o l._n of_o lead_n will_v now_o but_o 1_o 10_o of_o a_o busheâ—_n of_o wheat_n because_o it_o be_v not_o general_o use_v to_o this_o sort_n of_o reckon_a nor_o do_v theâ—_n say_v lead_n be_v less_o worth_a than_o it_o be_v though_o in_o respect_n of_o wheat_n lead_v be_v 〈…〉_z worse_o than_o it_o be_v as_o well_o as_o silver_n only_o by_o the_o tale_n of_o shilling_n we_o be_v better_o enable_v to_o judge_v of_o it_o this_o i_o suppose_v be_v the_o true_a value_n of_o mâ—â—ney_n when_o it_o pass_v from_o one_o to_o another_o in_o buy_v and_o sell_v where_o it_o run_v the_o same_o change_n of_o high_a and_o low_o as_o anâ—_n other_o commodity_n do_v for_o one_o equâ—â—_n quantity_n whereof_o you_o shall_v receive_v more_o or_o less_o of_o another_o commodity_n at_o onâ—_n time_n than_o you_o do_v at_o another_o in_o
money_n do_v not_o follow_v the_o standard_n of_o the_o law_n but_o the_o price_n of_o the_o market_n and_o man_n not_o observe_v the_o legal_a and_o force_v but_o the_o natural_a and_o current_a interest_n of_o money_n regulate_v their_o affair_n by_o that_o but_o why_o the_o rate_n of_o land_n do_v not_o follow_v the_o current_a interest_n of_o money_n require_v a_o far_a consideration_n all_o thing_n that_o be_v buy_v and_o sell_v raise_v and_o fall_v their_o price_n in_o proportion_n as_o there_o be_v more_o buyer_n or_o seller_n where_o be_v a_o great_a many_o seller_n to_o a_o few_o buyer_n there_o use_v what_o art_n you_o will_v the_o thing_n to_o be_v sell_v will_v be_v cheap_a on_o the_o other_o side_n turn_v the_o table_n and_o raise_v up_o a_o great_a many_o buyer_n for_o a_o few_o seller_n and_o the_o same_o thing_n will_v immediate_o grow_v dear_a this_o rule_n hold_v in_o land_n as_o well_o as_o all_o other_o commodity_n and_o be_v the_o reason_n why_o in_o england_n at_o the_o same_o time_n that_o land_n in_o some_o place_n be_v at_o seventeen_o or_o eighteen_o year_n purchase_n it_o be_v about_o other_o where_o there_o be_v profitable_a manufacture_n at_o two_o or_o three_o and_o twenty_o year_n purchase_n because_o there_o man_n thrive_v and_o get_v money_n by_o their_o industry_n and_o willing_a to_o leave_v their_o estate_n to_o their_o child_n in_o land_n as_o the_o sure_a and_o most_o last_a provision_n and_o not_o so_o liable_a to_o casualty_n as_o money_n in_o untrade_n or_o unskilful_a hand_n there_o be_v many_o buyer_n ready_a always_o to_o purchase_v but_o few_o seller_n for_o the_o land_n thereabouts_o be_v already_o possess_v by_o that_o sort_n of_o industrious_a and_o thrive_a man_n they_o have_v neither_o need_n nor_o will_v to_o sell_v in_o such_o place_n of_o manufacture_n the_o riches_n oâ—_n the_o one_o not_o arise_v from_o the_o squandr_a and_o waste_a of_o another_o as_o it_o do_v in_o other_o place_n where_o man_n live_v lazy_o upon_o the_o product_n of_o the_o land_n the_o industry_n of_o the_o people_n bring_v in_o increase_n of_o wealth_n from_o remote_a part_n make_v plenty_n of_o money_n there_o without_o the_o impoverish_n of_o their_o neighbour_n and_o when_o the_o thrive_a tradesman_n have_v get_v more_o than_o he_o can_v well_o employ_v in_o trade_n his_o next_o thought_n be_v to_o look_v out_o for_o a_o purchase_n but_o it_o must_v be_v a_o purchase_n in_o the_o neighbourhood_n where_o the_o estate_n may_v be_v under_o his_o eye_n and_o within_o convenient_a distance_n that_o the_o care_n and_o pleasure_n of_o his_o farm_n may_v not_o take_v he_o off_o from_o the_o engagement_n of_o his_o call_v nor_o remove_v his_o child_n too_o far_o from_o he_o or_o the_o trade_n he_o breed_v they_o up_o in_o and_o this_o seem_v to_o i_o the_o reason_n why_o in_o place_n wherein_o thrive_a manufacture_n have_v erect_v themselves_o land_n have_v be_v observe_v to_o sell_v quick_a and_o for_o more_o year_n purchase_v than_o in_o other_o as_o about_o hallifax_n in_o the_o north_n taunton_n and_o exeter_n in_o the_o west_n this_o be_v that_o than_o which_o make_v land_n as_o well_o as_o other_o thing_n dear_a plenty_n of_o buyer_n and_o but_o few_o seller_n and_o so_o by_o the_o rule_n of_o contrary_n plenty_n of_o seller_n and_o few_o buyer_n make_v land_n cheap_a he_o that_o will_v just_o estimate_v the_o value_n of_o any_o thing_n must_v consider_v its_o quantity_n in_o proportion_n to_o its_o vent_n for_o this_o alone_a regulate_v the_o price_n for_o the_o value_n of_o any_o thing_n compare_v with_o its_o self_n or_o with_o a_o stand_a measure_n be_v great_a as_o its_o quantity_n be_v less_o in_o proportion_n to_o its_o vent_n but_o in_o compare_v it_o or_o exchange_v it_o with_o any_o other_o thing_n the_o quantity_n and_o vent_v too_o of_o that_o must_v be_v allow_v for_o in_o the_o computation_n of_o their_o value_n but_o because_o the_o desire_n of_o money_n be_v constant_o almost_o every_o where_o the_o same_o its_o vent_n vary_v very_o little_a but_o as_o its_o great_a scarcity_n enhanse_v its_o price_n and_o increase_v the_o scramble_v there_o be_v nothing_o else_o that_o do_v easy_o supply_v the_o want_n of_o it_o the_o lessen_v its_o quantity_n therefore_o always_o increaseâ—_n its_o price_n and_o make_v a_o equal_a portion_n of_o it_o exchange_v for_o a_o great_a of_o any_o other_o thing_n thus_o it_o come_v to_o pass_v that_o there_o be_v no_o manner_n of_o settle_a proportion_n between_o the_o value_n of_o a_o ounce_n of_o silver_n and_o any_o other_o commodity_n for_o either_o vary_a its_o quantity_n in_o that_o country_n or_o the_o commodity_n change_v its_o quantity_n in_o proportion_n to_o its_o vent_n their_o respective_a value_n change_v i._n e._n less_o of_o one_o will_v barter_n for_o more_o of_o the_o other_o though_o in_o the_o ordinary_a way_n of_o speak_v it_o be_v only_o say_v that_o the_o price_n of_o the_o commodity_n not_o of_o the_o money_n be_v change_v for_o example_n half_o a_o ounce_n of_o silver_n in_o england_n will_v exchange_v sometime_o for_o a_o bushel_n of_o wheat_n sometime_o for_o ½_o sometime_o but_o ¼_n etc._n etc._n and_o this_o it_o do_v equal_o whether_o by_o use_v it_o be_v apt_a to_o bring_v in_o to_o the_o owner_n 6_o 100_o of_o its_o own_o weight_n per_fw-la annum_fw-la or_o nothing_o at_o all_o it_o be_v only_o the_o change_n of_o the_o quantity_n of_o wheat_n to_o its_o vent_n suppose_v we_o have_v still_o the_o same_o sum_n of_o money_n in_o the_o kingdom_n or_o else_o the_o change_n of_o the_o quantity_n of_o our_o money_n in_o the_o kingdom_n suppose_v the_o quantity_n of_o wheat_n in_o respect_n to_o its_o vent_n be_v the_o same_o too_o that_o make_v the_o change_n in_o the_o price_n of_o wheat_n for_o if_o you_o alter_v the_o quantity_n or_o vent_n on_o either_o side_n you_o present_o alter_v the_o price_n but_o no_o other_o way_n in_o the_o world_n for_o it_o be_v not_o the_o be_v add_v increase_v or_o diminish_v of_o any_o good_a quality_n in_o any_o commodity_n that_o make_v its_o price_n great_a or_o less_o but_o only_o as_o it_o make_v its_o quantity_n or_o vent_v great_a or_o less_o in_o proportion_n one_o to_o another_o this_o will_v easy_o appear_v by_o two_o or_o three_o instance_n 1._o the_o be_v of_o any_o good_a and_o useful_a quality_n in_o any_o thing_n neither_o increase_v its_o price_n nor_o indeed_o make_v it_o have_v any_o price_n at_o all_o but_o only_o as_o it_o lessen_v its_o quantity_n or_o increase_v its_o vent_n each_o of_o these_o in_o proportion_n to_o one_o another_o what_o more_o useful_a or_o necessary_a thing_n be_v there_o to_o the_o be_v or_o wellbeing_a of_o man_n than_o air_n and_o water_n and_o yet_o these_o have_v general_o no_o price_n at_o all_o nor_o yield_v any_o money_n because_o their_o quantity_n be_v immens_o great_a than_o their_o vent_n in_o most_o place_n of_o the_o world_n but_o as_o soon_o as_o ever_o water_n for_o air_n still_o offer_v its_o self_n every_o where_o without_o restraint_n or_o enclosure_n and_o therefore_o be_v no_o where_o of_o any_o price_n come_v any_o where_o to_o be_v reduce_v into_o any_o proportion_n to_o its_o consumption_n it_o begin_v present_o to_o have_v a_o price_n and_o be_v sometime_o sell_v dear_a than_o wine_n and_o hence_o it_o be_v that_o the_o best_a and_o most_o useful_a thing_n be_v common_o the_o cheap_a because_o though_o their_o consumption_n be_v great_a yet_o the_o bounty_n of_o providence_n have_v make_v their_o production_n large_a and_o suitable_a to_o it_o 2._o nor_o do_v the_o add_v a_o excellency_n to_o any_o commodity_n raise_v its_o price_n unless_o it_o increase_v its_o consumption_n for_o suppose_v there_o shall_v be_v teach_v a_o way_n which_o shall_v be_v publish_v to_o the_o knowledge_n of_o every_o one_o to_o make_v a_o medicine_n of_o wheat_n alone_o that_o shall_v infallible_o cure_v the_o stone_n it_o be_v certain_a the_o discovery_n of_o this_o quality_n in_o that_o grain_n will_v give_v it_o a_o excellency_n very_o considerable_a and_o yet_o this_o will_v not_o increase_v the_o price_n of_o it_o one_o farthing_n in_o twenty_o bushel_n because_o its_o quantity_n or_o vent_n will_v not_o hereby_o to_o any_o sensible_a degree_n be_v alter_v 3._o neither_o do_v the_o increase_v of_o any_o good_a quality_n in_o any_o sort_n of_o thing_n make_v it_o yield_v more_o for_o though_o teasel_n be_v much_o better_a this_o year_n than_o they_o be_v last_o they_o be_v not_o one_o jot_n dear_a unless_o they_o be_v few_o too_o or_o the_o consumption_n of_o they_o great_a 4._o nor_o do_v the_o lessen_v the_o good_a quality_n of_o any_o sort_n of_o commodity_n lessen_v its_o price_n which_o be_v evident_a in_o hop_n that_o be_v
tax_n lay_v upon_o it_o make_v people_n less_o forward_o to_o buy_v must_v either_o have_v his_o rent_n abate_v or_o else_o break_v and_o run_v away_o in_o his_o landlord_n debt_n and_o so_o the_o yearly_a value_n of_o the_o land_n be_v bring_v down_o and_o who_o then_o pay_v the_o tax_n at_o the_o year_n end_n but_o the_o landlord_n when_o the_o tenant_n not_o able_a to_o raise_v his_o rent_n by_o his_o commodity_n either_o run_v away_o in_o his_o landlord_n debt_n or_o can_v be_v continue_v in_o the_o farm_n without_o abatement_n of_o rent_n for_o when_o the_o yearly_a charge_n in_o his_o farm_n be_v great_a by_o the_o increase_n of_o the_o labourer_n wage_n and_o yet_o his_o product_n sell_v â—eaâ—er_n by_o reason_n of_o the_o tax_n lay_v on_o his_o commodity_n how_o will_v the_o farmer_n be_v able_a to_o make_v up_o his_o rent_n at_o quarter_n day_n for_o this_o may_v be_v worth_a our_o notice_n that_o any_o tax_v lay_v on_o foreign_a commodity_n in_o england_n raise_v its_o price_n and_o make_v the_o importer_n get_v more_o for_o his_o commodity_n but_o on_o the_o contrary_a a_o tax_n lay_v on_o your_o native_a product_n and_o home_n make_v commodity_n lessen_v their_o price_n and_o make_v they_o yield_v less_o to_o the_o first_o seller_n the_o reason_n whereof_o be_v plain_a for_o the_o merchant_n import_v no_o commodity_n but_o what_o the_o necessity_n or_o fashionable_a wantonness_n of_o your_o people_n give_v he_o vent_v for_o will_v not_o only_o proportion_v his_o gain_n to_o the_o cost_n and_o risque_n he_o have_v be_v at_o before_o land_v but_o will_v expect_v profit_n of_o his_o money_n pay_v here_o for_o any_o tax_n lay_v on_o it_o and_o take_v advantage_n from_o thence_o to_o raise_v his_o price_n above_o what_o his_o tax_n come_v to_o and_o if_o he_o can_v do_v that_o he_o will_v trade_n no_o more_o in_o that_o commodity_n for_o it_o be_v not_o the_o product_n of_o his_o farm_n he_o be_v not_o tie_v to_o bring_v it_o to_o market_n if_o he_o find_v its_o price_n not_o answer_v his_o expectation_n there_o but_o turn_v himself_o to_o other_o ware_n which_o he_o find_v your_o market_n take_v off_o better_o a_o merchant_n will_v never_o continue_v to_o trade_n in_o ware_n which_o the_o change_n of_o fashion_n or_o humour_n among_o your_o people_n have_v make_v less_o vendible_a though_o he_o may_v be_v sometime_o catch_v by_o a_o sudden_a alteration_n but_o that_o seldom_o happen_v in_o the_o course_n of_o trade_n so_o as_o to_o influence_n the_o great_a bulk_n of_o it_o for_o thing_n of_o necessity_n must_v still_o be_v have_v and_o thing_n of_o fashion_n will_v be_v have_v as_o long_o as_o man_n have_v money_n or_o credit_n whatever_o rate_v they_o cost_v and_o the_o rather_o because_o they_o be_v dear_a for_o it_o be_v vanity_n not_o use_v that_o make_v the_o expensive_a fashion_n of_o your_o people_n the_o emulation_n be_v who_o shall_v have_v the_o fine_a that_o be_v the_o dear_a thing_n not_o the_o most_o convenient_a or_o useful_a how_o many_o thing_n do_v we_o value_v and_o buy_v because_o they_o come_v at_o dear_a rate_n from_o japan_n and_o china_n which_o if_o they_o be_v our_o own_o manufacture_n or_o product_n to_o be_v have_v common_a and_o for_o a_o little_a money_n will_v be_v contemn_v and_o neglect_v have_v not_o several_a of_o our_o own_o commodity_n offer_v to_o sale_n at_o reasonable_a rate_n be_v despise_v and_o the_o very_a same_o eager_o buy_v and_o brag_v of_o when_o sell_v for_o french_a at_o a_o double_a price_n you_o must_v not_o think_v therefore_o that_o the_o raise_v their_o price_n will_v lessen_v the_o vent_n of_o fashionable_a foreign_a commodity_n among_o you_o as_o long_o as_o man_n have_v any_o way_n to_o purchase_v they_o but_o rather_o increase_v it_o french_a wine_n be_v become_v a_o modish_n drink_v among_o we_o and_o a_o man_n be_v ashamed_a to_o entertain_v his_o friend_n or_o almost_o to_o dine_v himself_o without_o it_o the_o price_n be_v in_o the_o memory_n of_o man_n raise_v from_o 6_o d._n to_o 2_o s._n and_o do_v this_o hinder_v the_o drink_n of_o it_o no_o the_o quite_o contrary_a a_o man_n way_n of_o live_v be_v commend_v because_o he_o will_v give_v any_o rate_n for_o it_o and_o a_o man_n will_v give_v any_o rate_n rather_o than_o pass_v for_o a_o poor_a wretch_n or_o penurious_a curmudgeon_n that_o be_v not_o able_a or_o know_v not_o how_o to_o live_v well_o nor_o use_v his_o friend_n civil_o fashion_n be_v for_o the_o most_o part_n nothing_o but_o the_o ostentation_n of_o riches_n and_o therefore_o the_o high_a price_n of_o what_o serve_v to_o that_o rather_o increase_v than_o lessen_v its_o vent_n the_o contest_v and_o glory_n be_v in_o the_o expense_n not_o the_o usefulness_n of_o it_o and_o people_n be_v then_o think_v and_o say_v to_o live_v well_o when_o they_o can_v make_v a_o show_n of_o rare_a and_o foreign_a thing_n and_o such_o as_o their_o neighbour_n can_v go_v to_o the_o price_n of_o thus_o we_o see_v how_o foreign_a commodity_n fall_v not_o in_o their_o price_n by_o tax_n lay_v on_o they_o because_o the_o merchant_n be_v not_o necessitate_v to_o bring_v to_o your_o market_n any_o but_o fashionable_a commodity_n and_o those_o go_v off_o the_o better_a for_o their_o high_a rate_n but_o on_o the_o contrary_a your_o land_n 〈◊〉_d be_v force_v to_o bring_v his_o commodity_n to_o market_n such_o as_o his_o land_n and_o industry_n afford_v they_o common_a and_o know_v thing_n must_v sell_v they_o there_o at_o such_o price_n as_o he_o can_v get_v this_o the_o buyer_n know_v and_o these_o homebred_a commodity_n be_v seldom_o the_o favourite_n of_o your_o people_n or_o any_o far_a acceptable_a than_o as_o great_a conveniency_n recommend_v they_o to_o the_o vulgar_a or_o downright_a necessity_n to_o all_o as_o soon_o as_o a_o tax_n be_v lay_v on_o they_o every_o one_o make_v as_o spare_v a_o use_n of_o they_o as_o he_o can_v that_o he_o may_v save_v his_o money_n for_o other_o necessary_a or_o creditable_a expense_n whereby_o the_o price_n they_o yield_v the_o first_o seller_n be_v mighty_o abate_v and_o so_o the_o yearly_a value_n of_o the_o land_n which_o produce_v they_o lessen_v too_o if_o therefore_o the_o lay_n of_o tax_n upon_o commodity_n do_v as_o it_o be_v evident_a affect_v the_o land_n that_o be_v out_o at_o rack-rent_a it_o be_v plain_a it_o do_v equal_o affect_v all_o the_o other_o land_n in_o england_n too_o and_o the_o gentâ—_n will_v but_o the_o worst_a way_n increase_v their_o own_o charge_n that_o be_v by_o lessen_v theiâ—_n yearly_o value_v of_o their_o estate_n if_o they_o hope_v to_o ease_v their_o land_n by_o charge_v commodity_n it_o be_v in_o vain_a in_o a_o country_n who_o great_a fund_z be_v landâ—_n to_o hope_v to_o lay_v the_o public_a charge_n of_o the_o government_n on_o any_o thing_n else_o there_o at_o last_o it_o will_v terminate_v the_o merchant_n do_v what_o you_o can_v will_v not_o bear_v it_o the_o labourer_n can_v and_o therefore_o the_o landholder_n must_v and_o whether_o he_o be_v best_o do_v it_o by_o lay_v it_o direct_o where_o it_o will_v at_o last_o settle_v or_o by_o let_v it_o come_v to_o he_o by_o the_o sink_n of_o his_o rent_n which_o when_o they_o be_v once_o fall_v every_o one_o know_v be_v not_o easy_o raise_v again_o let_v he_o consider_v holland_n be_v bring_v as_o a_o instance_n of_o lay_v the_o charge_n of_o the_o public_a upon_o trade_n and_o it_o be_v possible_a except_v some_o few_o small_a free_a town_n the_o only_a place_n in_o the_o world_n that_o can_v be_v bring_v to_o favour_v this_o way_n but_o yet_o when_o examine_v will_v be_v find_v to_o show_v the_o quite_o contrary_a and_o be_v a_o clear_a proof_n that_o lie_v the_o tax_n how_o you_o will_v land_n every_o where_o in_o proportion_n bear_v the_o great_a share_n of_o the_o burden_n the_o public_a charge_n of_o the_o government_n be_v it_o be_v say_v in_o the_o unite_a province_n lay_v on_o trade_n i_o grant_v it_o be_v the_o great_a part_n of_o it_o but_o be_v the_o land_n excuse_v or_o ease_v by_o it_o by_o no_o mean_n but_o on_o the_o contrary_a so_o load_v that_o in_o many_o place_n ½_o in_o other_o ¼_n in_o other_o 1_o â—_o of_o the_o yearly_o value_n do_v not_o come_v in_o to_o the_o owner_n pocket_n and_o if_o i_o have_v not_o be_v misinform_v the_o land_n in_o some_o place_n will_v not_o pay_v the_o tax_n so_o that_o we_o may_v say_v that_o the_o charge_n of_o the_o government_n come_v not_o upon_o commodity_n till_o the_o land_n can_v not_o bear_v it_o the_o burden_n unavoidable_o settle_v upon_o the_o land_n first_o and_o when_o it_o have_v press_v it_o so_o that_o it_o can_v yield_v no_o more_o trade_n must_v be_v bring_v
quarter_n of_o england_n and_o into_o a_o great_a number_n of_o hand_n according_a to_o the_o exigence_n of_o trade_n if_o money_n be_v to_o be_v hire_v as_o land_n be_v or_o to_o be_v have_v as_o corn_n or_o wool_n from_o the_o owner_n himself_o and_o know_v good_a security_n be_v give_v for_o it_o it_o may_v then_o probable_o be_v have_v at_o the_o market_n which_o be_v the_o true_a rate_v and_o will_v be_v a_o constant_a gauge_v of_o your_o trade_n and_o wealth_n but_o when_o a_o kind_n of_o monopoly_n by_o consent_n have_v put_v this_o general_a commodity_n into_o a_o few_o hand_n it_o may_v need_v regulation_n though_o what_o the_o state_v rate_n of_o interest_n shall_v be_v in_o the_o constant_a change_n of_o affair_n and_o flux_n of_o money_n be_v hard_o to_o determine_v possible_o it_o may_v be_v allow_v as_o a_o reasonable_a proposal_n that_o it_o shall_v be_v within_o such_o bound_n 〈…〉_z quite_o lâ—t_v up_o the_o merchant_n and_o tradesman_n profit_n and_o discourage_v their_o industry_n nor_o on_o the_o other_o hand_n so_o low_a as_o shall_v hinder_v man_n from_o risque_a their_o money_n in_o other_o man_n hand_n and_o so_o rather_o choose_v to_o keep_v it_o out_o of_o trade_n than_o venture_v it_o upon_o so_o small_a profit_n when_o it_o be_v too_o high_a it_o so_o hinder_v the_o merchant_n gain_n that_o he_o will_v not_o borrow_v when_o too_o low_a it_o so_o hinder_v the_o moneyed_a man_n profit_n that_o he_o will_v not_o lend_v and_o both_o these_o way_n it_o be_v a_o hindrance_n to_o trade_n but_o this_o be_v perhaps_o too_o general_a and_o loose_a a_o rule_n let_v i_o add_v that_o if_o one_o will_v consider_v money_n and_o land_n alone_o in_o relation_n one_o to_o another_o perhaps_o it_o be_v now_o at_o six_o per_fw-la cent._n in_o as_o good_a a_o proportion_n as_o be_v possible_a six_o per_fw-la cent._n be_v a_o little_a high_o than_o land_n at_o twenty_o year_n purchase_n which_o be_v the_o rate_v pretty_a near_o that_o land_n have_v general_o carry_v in_o england_n it_o never_o be_v much_o over_o nor_o under_o for_o suppose_v 100_o l._n in_o money_n and_o land_n of_o 5_o l._n per_fw-la annum_fw-la be_v of_o equal_a value_n which_o be_v land_n at_o twenty_o year_n purchase_n it_o be_v necessary_a for_o the_o make_v their_o value_n true_o equal_a that_o they_o shall_v produce_v a_o equal_a income_n which_o the_o 100_o l._n at_o 5_o l._n per_fw-la cent._n interest_n be_v not_o likely_a to_o do_v 1._o because_o of_o the_o many_o and_o sometime_o long_a interval_n of_o barrenness_n which_o happen_v to_o money_n more_o than_o land_n money_n at_o use_n when_o return_v into_o the_o hand_n of_o the_o owner_n usual_o lie_v dead_a there_o till_o he_o get_v a_o new_a tenant_n for_o it_o and_o can_v put_v it_o out_o again_o and_o all_o this_o time_n it_o produce_v nothing_o but_o this_o happen_v not_o to_o land_n the_o grow_a product_n whereof_o turn_v to_o account_v to_o the_o owner_n even_o when_o it_o be_v in_o his_o hand_n or_o be_v allow_v for_o by_o the_o tenant_n antecedent_o to_o his_o enter_v upon_o the_o farm_n for_o though_o a_o man_n who_o borrow_v money_n at_o midsummer_n never_o begin_v to_o pay_v his_o interest_n from_o our_o lady-day_n or_o one_o moment_n backward_o yet_o he_o who_o rent_n a_o farm_n at_o midsummer_n may_v have_v as_o much_o reason_n to_o begin_v his_o rent_n from_o our_o lady-day_n as_o if_o he_o have_v then_o enter_v upon_o it_o beside_o the_o dead_a interval_n of_o cease_v profit_n which_o happen_v to_o money_n more_o than_o land_n there_o be_v another_o reason_n why_o the_o profit_n and_o income_n of_o money_n let_v out_o shall_v be_v a_o little_a high_o than_o that_o of_o land_n and_o that_o be_v because_o money_n out_o at_o interestâ—â—â—s_n â—â—â—s_z a_o great_a risque_n than_o land_n do_v the_o â—oâ—â—ower_n may_v break_v and_o run_v away_o with_o the_o money_n and_o then_o not_o only_o the_o 〈◊〉_d due_a but_o all_o the_o future_a profit_n with_o the_o principal_a be_v lose_v forever_o but_o in_o land_n a_o man_n can_v lose_v but_o the_o rent_n due_a for_o which_o usual_o too_o the_o stock_n upon_o the_o land_n be_v sufficient_a security_n and_o if_o a_o tenant_n run_v away_o in_o arrear_n of_o some_o rent_n the_o land_n remain_v that_o can_v be_v carry_v away_o or_o lose_v shall_v a_o man_n purchase_v good_a land_n in_o middlesex_n of_o 5_o l._n per_fw-la annum_fw-la at_o twenty_o year_n purchase_n and_o other_o land_n in_o rumney-marsh_n or_o elsewhere_o of_o the_o same_o yearly_a value_n but_o so_o situate_v that_o it_o be_v in_o danger_n to_o be_v swallow_v of_o the_o sea_n and_o be_v utter_o lose_v it_o will_v not_o be_v unreasonable_a he_o shall_v expect_v to_o have_v it_o under_o twenty_o year_n purchase_n suppose_v 16_o ½_o this_o be_v to_o bring_v it_o to_o just_a the_o case_n of_o land_n at_o twenty_o year_n purchase_n and_o money_n at_o six_o per_fw-la cent._n where_o the_o uncertainty_n of_o secure_v one_o money_n may_v well_o be_v allow_v that_o advantage_n of_o great_a profit_n and_o therefore_o perhaps_o the_o legal_a interest_n now_o in_o england_n at_o six_o per_fw-la cent_z be_v as_o reasonable_a and_o convenient_a a_o rate_n as_o can_v well_o be_v set_v by_o a_o stand_a rule_n especial_o if_o we_o consider_v that_o the_o law_n require_v not_o a_o man_n to_o pay_v six_o per_fw-la cent_z but_o tie_v up_o the_o lender_n from_o take_v more_o so_o that_o if_o ever_o it_o fall_v of_o itself_o the_o moneyed_a man_n be_v sure_a to_o find_v it_o and_o his_o interest_n will_v be_v bring_v down_o to_o it_o high_a interest_n be_v think_v by_o some_o a_o prejudice_n to_o trade_n but_o if_o we_o will_v look_v back_o we_o shall_v find_v that_o england_n never_o thrive_v so_o well_o nor_o be_v there_o ever_o bring_v into_o england_n so_o great_a a_o increase_n of_o wealth_n since_o as_o in_o queen_n elizabeth_n and_o king_n james_n i._o and_o king_n charles_n i._o time_n when_o money_n be_v at_o 10_o and_o 8_o per_fw-la cent._n i_o will_v not_o say_v high_a interest_n be_v the_o cause_n of_o it_o for_o i_o rather_o think_v that_o our_o thrive_a trade_n be_v the_o cause_n of_o high_a interest_n every_o one_o crave_v money_n to_o employ_v in_o a_o profitable_a commerce_n but_o this_o i_o think_v i_o may_v reasonable_o infer_v from_o it_o that_o lower_v of_o interest_n be_v not_o a_o sure_a way_n to_o improve_v either_o our_o trade_n or_o wealth_n to_o this_o i_o hear_v some_o say_v that_o the_o dutch_a skilful_a in_o all_o art_n of_o promote_a trade_n to_o out_o do_v we_o in_o this_o as_o well_o as_o all_o other_o advancement_n of_o it_o have_v observe_v this_o rule_n that_o when_o we_o fall_v interest_n in_o england_n from_o 10_o to_o 8._o they_o present_o sink_v interest_n in_o holland_n to_o 4_o per_fw-la cent._n and_o again_o when_o we_o lower_v it_o to_o 6_o they_o fall_v it_o to_o 3_o per_fw-la cent._n thereby_o to_o keep_v the_o advantage_n which_o the_o lowness_n of_o interest_n give_v to_o trade_n from_o whence_o these_o man_n ready_o conclude_v that_o the_o fall_n of_o interest_n will_v aâ—â—ance_v trade_n in_o england_n to_o which_o i_o answer_v 1._o that_o this_o look_n like_o a_o argument_n rather_o make_v for_o the_o present_a occasion_n to_o mislead_v those_o who_o be_v credulous_a enough_o to_o swallow_v it_o than_o arise_v from_o 〈◊〉_d reason_n and_o matter_n of_o fact_n for_o if_o lower_a interest_n be_v so_o advantageous_a to_o trade_n why_o do_v the_o dutch_a so_o constant_o take_v their_o measure_n only_o by_o we_o and_o not_o as_o well_o by_o some_o other_o of_o their_o neighbour_n with_o who_o they_o have_v as_o great_a or_o great_a commerce_n than_o with_o we_o this_o be_v enough_o at_o first_o sight_n to_o make_v one_o suspect_v this_o to_o be_v dust_n only_o raise_v to_o throw_v in_o people_n eye_n and_o a_o suggestion_n make_v to_o serve_v a_o purpose_n for_o 2._o it_o will_v not_o be_v find_v true_a that_o when_o we_o abate_v interest_n here_o in_o england_n to_o 8._o the_o dutch_a sink_v it_o in_o holland_n to_o 4_o per_fw-la cent._n by_o law_n or_o that_o there_o be_v any_o law_n make_v in_o holland_n to_o limit_v the_o rate_n of_o interest_n to_o 3_o per_fw-la cent._n when_o we_o reduce_v it_o in_o england_n to_o 6._o it_o be_v true_a john_n de_fw-fr witt_n when_o he_o manage_v the_o affair_n of_o holland_n set_v himself_o to_o lessen_v the_o public_a debt_n and_o have_v actual_o pay_v some_o and_o get_v money_n in_o a_o readiness_n to_o pay_v other_o send_v notice_n to_o all_o the_o creditor_n that_o those_o who_o will_v not_o take_v 4_o per_fw-la cent._n shall_v come_v and_o receive_v their_o money_n the_o creditor_n find_v he_o in_o earnest_n and_o know_v not_o how_o
otherwise_o to_o employ_v their_o money_n accept_v his_o term_n and_o change_v their_o obligation_n into_o 4_o per_fw-la cent._n whereas_o before_o they_o be_v at_o 5._o and_o so_o the_o great_a loan_n of_o the_o country_n be_v to_o the_o state_n it_o may_v be_v say_v in_o this_o sense_n that_o the_o rate_n of_o interest_n be_v reduce_v low_a at_o that_o time_n but_o that_o it_o be_v do_v by_o a_o law_n forbid_v to_o take_v high_a interest_n that_o 4_o per_fw-la cent._n that_o i_o deny_v and_o require_v any_o one_o to_o show_v indeed_o upon_o good_a security_n one_o may_v late_o have_v borrow_v money_n in_o holland_n at_o 3_o and_o 3_o ½_o per_fw-la cent._n but_o not_o by_o virtue_n of_o any_o law_n but_o the_o natural_a rate_n of_o interest_n and_o i_o appeal_v to_o the_o man_n learn_v in_o the_o law_n of_o holland_n whether_o last_o year_n and_o i_o doubt_v not_o but_o it_o be_v so_o still_o a_o man_n may_v not_o lawful_o lend_v his_o money_n for_o what_o interest_n he_o can_v get_v and_o whether_o in_o the_o court_v he_o shall_v not_o recover_v the_o interest_n he_o contract_v for_o if_o it_o be_v 10_o per_fw-la cent._n so_o that_o if_o money_n be_v to_o be_v borrow_v by_o honest_a and_o responsible_a man_n at_z 3_o or_o 3_o ½_o per_fw-la cent._n it_o be_v not_o by_o the_o force_n of_o statute_n and_o edict_n but_o the_o natural_a course_n of_o thing_n which_o will_v always_o bring_v interest_n upon_o good_a security_n low_a where_o there_o be_v a_o great_a deal_n of_o money_n to_o be_v lend_v and_o little_a good_a security_n in_o proportion_n to_o be_v have_v holland_n be_v a_o country_n where_o the_o land_n make_v a_o very_a little_a part_n of_o the_o stock_n of_o the_o country_n trade_n be_v their_o great_a fund_z and_o their_o estate_n lie_v general_o in_o money_n so_o that_o all_o who_o be_v not_o trader_n general_o speak_v be_v lender_n of_o which_o there_o be_v so_o many_o who_o income_n depend_v upon_o interest_n that_o if_o the_o state_n be_v not_o mighty_o in_o debt_n but_o pay_v every_o one_o their_o principal_a instead_o of_o the_o 4_o per_fw-la cent._n use_v which_o they_o give_v there_o will_v be_v so_o much_o more_o money_n than_o can_v be_v use_v or_o will_v be_v venture_v in_o trade_n that_o money_n there_o will_v be_v at_o 2_o per_fw-la cent._n or_o under_o unless_o they_o find_v a_o way_n to_o put_v it_o out_o in_o foreign_a country_n interest_n i_o grant_v these_o man_n be_v low_a in_o holland_n but_o not_o as_o a_o effect_n of_o law_n nor_o the_o politic_a contrivance_n of_o the_o government_n to_o promote_v trade_n but_o as_o the_o consequence_n of_o great_a plenty_n of_o ready_a money_n when_o their_o interest_n first_o fall_v i_o say_v when_o it_o first_o fall_v for_o be_v once_o bring_v low_a and_o the_o public_a have_v borrow_v a_o great_a part_n of_o private_a man_n money_n and_o continue_v in_o debt_n it_o must_v continue_v so_o though_o the_o plenty_n of_o money_n which_o first_o bring_v interest_n low_a be_v very_o much_o decay_v and_o a_o great_a part_n of_o their_o wealth_n be_v real_o go_v for_o the_o debt_n of_o the_o state_n afford_v to_o the_o creditor_n a_o constant_a yearly_a income_n that_o be_v look_v on_o as_o a_o safe_a revenue_n and_o account_v as_o valuable_a as_o if_o it_o be_v in_o land_n and_o according_o they_o buy_v it_o one_o of_o another_o and_o whether_o there_o be_v any_o money_n in_o the_o public_a coffer_n or_o no_o he_o who_o have_v 10000_o l._n owe_v he_o from_o the_o state_n may_v sell_v it_o every_o day_n in_o the_o week_n and_o have_v ready_a money_n for_o it_o this_o credit_n be_v so_o great_a a_o advantage_n to_o private_a man_n who_o know_v not_o else_o what_o to_o do_v with_o their_o stock_n that_o be_v the_o state_n now_o in_o a_o condition_n to_o begin_v to_o pay_v their_o debt_n the_o creditor_n rather_o than_o take_v their_o money_n out_o to_o lie_v dead_a by_o they_o will_v let_v it_o stay_v in_o at_o low_a interest_n as_o they_o do_v some_o year_n since_o when_o they_o be_v call_v on_o to_o come_v and_o receive_v their_o money_n this_o be_v the_o state_n of_o interest_n in_o holland_n their_o plenty_n of_o money_n and_o pay_v their_o public_a debt_n some_o time_n since_o lower_v their_o interest_n but_o it_o be_v not_o by_o law_n nor_o in_o consequence_n of_o our_o reduce_v it_o here_o by_o law_n to_o 6_o per_fw-la cent._n for_o i_o deny_v that_o there_o be_v any_o law_n there_o yet_o to_o forbid_v lend_v of_o money_n for_o above_o 3_o or_o 6_o or_o 10_o per_fw-la cent._n what_o ever_o some_o here_o suggest_v every_o one_o there_o may_v hire_v out_o his_o money_n as_o free_o as_o he_o do_v any_o thing_n else_o for_o what_o rate_n he_o can_v get_v and_o the_o bargain_n be_v make_v the_o law_n will_v enforce_v the_o borrower_n to_o pay_v it_o i_o grant_v low_a interest_n where_o all_o man_n consent_v to_o it_o be_v a_o advantage_n to_o trade_n if_o merchant_n will_v regulate_v their_o gain_n according_o and_o man_n be_v persuade_v to_o lend_v to_o they_o but_o can_v it_o be_v expect_v when_o the_o public_a give_v 7_o 8_o or_o 10_o per_fw-la cent._n that_o private_a man_n who_o security_n be_v certain_o no_o better_o shall_v have_v it_o for_o 4_o and_o can_v there_o be_v any_o thing_n stranger_n than_o that_o the_o same_o man_n who_o look_v on_o and_o therefore_o allow_v high_a use_n as_o a_o encouragement_n to_o lend_v to_o the_o chequer_n shall_v think_v low_a use_n shall_v bring_v money_n into_o trade_n the_o state_n of_o holland_n some_o few_o year_n since_o pay_v but_o 4_o l._n per_fw-la cent._n for_o the_o money_n they_o owe_v if_o you_o propose_v they_o for_o a_o example_n and_o interest_n be_v to_o be_v regulate_v by_o a_o law_n try_v whether_o you_o can_v do_v so_o here_o and_o bring_v man_n to_o lend_v it_o to_o the_o public_a at_o that_o rate_n this_o will_v be_v a_o benefit_n to_o the_o kingdom_n and_o abate_v a_o great_a part_n of_o our_o public_a charge_n if_o you_o can_v confess_v that_o it_o be_v not_o the_o law_n in_o holland_n have_v bring_v the_o interest_n there_o so_o low_a but_o something_o else_o and_o that_o which_o will_v make_v the_o state_n or_o any_o body_n else_o pay_v dear_a now_o if_o either_o their_o credit_n be_v less_o or_o money_n there_o scarce_a a_o infallible_a sign_n of_o your_o decay_n of_o wealth_n be_v the_o fall_n of_o rentâ—_n and_o the_o raise_n of_o they_o will_v be_v worth_a the_o nation_n care_v for_o in_o that_o and_o not_o in_o the_o fall_n of_o interest_n lie_v the_o true_a advantage_n of_o the_o land_a man_n and_o with_o he_o of_o the_o public_a it_o may_v be_v therefore_o not_o beside_o our_o present_a business_n to_o inquire_v into_o the_o cause_n of_o the_o fall_n of_o rent_n in_o england_n 1._o either_o the_o land_n be_v grow_v barrenner_n and_o so_o the_o product_n be_v less_o and_o consequent_o the_o money_n to_o be_v receive_v for_o that_o product_n be_v less_o for_o it_o be_v evident_a that_o he_o who_o land_n be_v wont_a to_o produce_v 100_o bushel_n of_o wheat_n communibus_fw-la annis_fw-la if_o by_o long_a tillage_n and_o bad_a husbandry_n it_o will_v now_o produce_v but_o 50_o bushel_n the_o rent_n will_v be_v abate_v half_o but_o this_o can_v be_v suppose_v general_n 2._o or_o the_o rent_n of_o that_o land_n be_v lessen_v 1._o because_o the_o use_n of_o the_o commodity_n cease_v as_o the_o rent_n must_v fall_v in_o virginia_n be_v take_v of_o tobacco_n forbid_v in_o england_n 2._o or_o because_o something_o else_o supply_v the_o room_n of_o that_o product_n as_o the_o rate_n of_o copis-land_n will_v fall_v upon_o the_o discovery_n of_o coal_n mine_n 3._o or_o because_o the_o market_n be_v supply_v with_o the_o same_o commodity_n cheap_a from_o another_o place_n as_o the_o breed_n country_n of_o england_n must_v needs_o fall_v their_o rent_n by_o the_o importation_n of_o irish_a cattle_n 4._o or_o because_o a_o tax_n lay_v on_o your_o native_a commodity_n make_v what_o the_o farmer_n sell_v cheap_a and_o labour_n and_o what_o he_o buy_v dear_a 3._o or_o the_o money_n in_o the_o country_n be_v less_o for_o the_o exigency_n and_o use_n of_o money_n not_o lessen_v with_o its_o quantity_n and_o it_o be_v in_o the_o same_o proportion_n to_o be_v employ_v and_o distribute_v still_o in_o all_o the_o part_n of_o its_o circulation_n so_o much_o as_o its_o quantity_n be_v lessen_v so_o much_o must_v the_o share_n of_o every_o one_o that_o have_v a_o right_a to_o this_o money_n be_v the_o less_o whether_o he_o be_v landholder_n for_o his_o good_n or_o labourer_n for_o his_o hire_n or_o merchant_n for_o his_o brokage_n though_o the_o land-holder_n usual_o find_v
it_o first_o because_o money_n fail_v and_o fall_v short_a people_n have_v not_o so_o much_o money_n as_o former_o to_o lay_v out_o and_o so_o less_o money_n be_v bring_v to_o market_n by_o which_o the_o price_n of_o thing_n must_v necessary_o fall_v the_o labourer_n feel_v it_o next_o for_o when_o the_o landholder_n rent_n fall_v he_o must_v either_o bate_v the_o labourer_n wage_n or_o not_o employ_v or_o not_o pay_v he_o which_o either_o way_n make_v he_o feel_v the_o want_n of_o money_n the_o merchant_n feel_v it_o last_o for_o though_o he_o sell_v less_o and_o at_o a_o low_a rate_n he_o buy_v also_o our_o native_a commodity_n which_o he_o export_v at_o a_o low_a rate_n too_o and_o will_v be_v sure_a to_o leave_v our_o native_a commodity_n unbought_a upon_o the_o hand_n of_o the_o farmer_n or_o manufacturer_n rather_o than_o export_v they_o to_o a_o market_n which_o will_v not_o afford_v he_o return_v with_o profit_n if_o one_o three_o of_o the_o money_n employ_v 〈◊〉_d trade_n be_v lock_v up_o or_o go_v out_o of_o england_n must_v not_o the_o land-holders_n necessary_o receive_v â…“_n less_o for_o their_o good_n and_o consequent_o their_o rent_n fall_v a_o less_o quantity_n of_o money_n by_o â…“_n be_v to_o be_v distribute_v among_o a_o equal_a number_n of_o receiver_n indeed_o people_n not_o perceive_v the_o money_n to_o be_v go_v be_v apt_a to_o be_v jealous_a one_o of_o another's_o and_o each_o suspect_v another_o inequality_n of_o gain_n to_o rob_v he_o of_o his_o share_n every_o one_o will_v be_v employ_v his_o skill_n and_o power_n the_o best_a he_o can_v to_o retrieve_v it_o again_o and_o to_o bring_v money_n into_o his_o pocket_n in_o the_o same_o plenty_n as_o formerlyâ—_n but_o this_o be_v but_o scramble_n among_o 〈◊〉_d self_n and_o help_v no_o more_o against_o 〈◊〉_d want_n than_o the_o pull_n off_o a_o short_a cover_n let_v will_n among_o child_n that_o lie_v togeâ—ther_o preserve_v they_o all_o from_o the_o colâ—â—_n some_o will_v starve_v unless_o the_o father_n of_o thâ—â—amily_n provide_v better_a and_o enlarge_v 〈◊〉_d scanty_a garment_n this_o pull_v and_o conâ—â—â—_n be_v usual_o between_o the_o land_a man_n arâ—_n the_o merchant_n for_o the_o labourer_n share_n bâ—â—ing_v seldom_o more_o than_o a_o bare_a subsistencâ—_n never_o allow_v that_o body_n of_o man_n time_n 〈◊〉_d opportunity_n to_o raise_v their_o thought_n aboâ—â—_n that_o or_o 〈◊〉_d with_o the_o rich_a 〈◊〉_d theirsâ—_n as_o one_o common_a interest_n unleâ—â—_n when_o some_o common_a and_o great_a distreâ—â—_n unite_n they_o in_o one_o universal_a fermeâ—_n make_v they_o forget_v respect_n and_o embolden_v they_o to_o carve_v to_o their_o want_n 〈◊〉_d arm_v force_n and_o then_o sometime_o the_o break_n in_o upon_o the_o rich_a and_o sweep_v â—_o like_o a_o deluge_n but_o this_o rare_o happen_v 〈◊〉_d in_o the_o maladministration_n of_o neglect_a mis-managed_a government_n the_o usual_a struggle_n and_o contest_v as_o i_o say_v before_o in_o the_o decay_v of_o wealth_n and_o riches_n be_v between_o the_o land_a man_n and_o the_o merchant_n with_o who_o i_o may_v here_o join_v the_o moneyed_a man._n the_o land_a man_n find_v himself_o aggrieve_v by_o the_o fall_n of_o his_o rent_n and_o the_o streightning_n of_o his_o fortune_n and_o think_v the_o merchant_n who_o he_o see_v flourish_v and_o thrive_v eat_v up_o his_o profit_n and_o build_v up_o a_o fortune_n upon_o his_o ruin_n he_o therefore_o endeavour_n by_o law_n to_o keep_v up_o the_o value_n of_o land_n which_o he_o suspect_v lessen_v by_o the_o other_o excess_n of_o profit_n but_o all_o in_o vain_a the_o cause_n be_v mistake_v and_o the_o remedy_n too_o it_o be_v not_o the_o merchant_n nor_o moneyed_a man_n gain_n that_o make_v land_n fall_v but_o the_o loss_n of_o the_o kingdom_n in_o our_o decay_n of_o trade_n which_o the_o land_n always_o first_o feel_v if_o the_o land_a gentleman_n will_v have_v and_o by_o his_o example_n make_v it_o fashionable_a to_o have_v more_o claret_n spiâ—â—_n silk_n and_o other_o foreign_a consumable_a ware_n than_o our_o exportation_n of_o commodity_n do_v exchange_v for_o money_n must_v unavoidable_o follow_v to_o balance_v the_o account_n and_o pay_v the_o debt_n and_o therefore_o i_o fear_v that_o another_o proposal_n i_o hear_v talk_v of_o to_o hinder_v the_o exportation_n of_o mâ—ney_n and_o bullion_n will_v show_v more_o our_o need_n of_o care_n to_o keep_v our_o money_n from_o go_v from_o we_o than_o a_o way_n and_o method_n how_o to_o preserve_v it_o here_o it_o be_v death_n in_o spain_n to_o export_v money_n and_o yet_o they_o who_o furnish_v all_o the_o world_n with_o gold_n and_o silver_n have_v lest_o of_o it_o among_o themselves_o trade_n fetch_v it_o away_o from_o that_o lazy_a and_o indigent_a people_n notwithstanding_o all_o their_o artificial_a and_o force_a contrivance_n to_o keep_v it_o there_o it_o follow_v trade_n against_o the_o rigour_n of_o their_o law_n and_o their_o want_n of_o foreign_a commodity_n make_v it_o open_o be_v carry_v out_o at_o noonday_n nature_n have_v bestow_v mine_n on_o several_a part_n of_o the_o world_n but_o their_o riches_n be_v only_o for_o the_o industrious_a and_o frugal_a whomever_o else_o they_o visit_v it_o be_v with_o the_o diligent_a and_o sober_a only_o they_o stay_v and_o if_o the_o virtue_n and_o provident_a way_n of_o live_v of_o our_o ancestor_n content_a with_o our_o native_a convenience_n of_o life_n without_o the_o costly_a itch_n after_o the_o material_n of_o pride_n and_o luxury_n from_o abroad_o be_v bring_v in_o fashion_n and_o countenance_n again_o among_o we_o this_o alone_a will_v do_v more_o to_o keep_v increase_v our_o wealth_n and_o enrich_v our_o land_n than_o all_o our_o paper_n help_v about_o interest_n money_n bulliâ—n_n etc._n etc._n which_o however_o eager_o we_o may_v catch_v at_o will_v not_o i_o fear_v without_o better_a husbandry_n keep_v we_o from_o sink_v whatever_o contrivance_n we_o may_v have_v recourse_n to_o it_o be_v with_o a_o kingdom_n as_o with_o a_o family_n spend_v less_o than_o our_o own_o commodity_n will_v pay_v for_o be_v the_o sure_a and_o only_a way_n for_o the_o nation_n to_o grow_v rich._n and_o when_o that_o begin_v once_o serious_o to_o be_v consider_v and_o our_o face_n and_o step_n be_v in_o earnest_n turn_v that_o way_n we_o may_v hope_v to_o have_v our_o rent_n rise_v and_o the_o public_a stock_n thrive_v again_o till_o then_o we_o in_o vain_a i_o fear_v endeavour_v with_o noise_n and_o weapon_n of_o law_n to_o drive_v the_o wolf_n from_o our_o own_o to_o one_o another_o door_n the_o breed_n ought_v to_o be_v extirpate_v out_o of_o the_o island_n for_o want_v bring_v in_o by_o ill_a management_n and_o nurse_v up_o by_o expensive_a vanity_n will_v make_v the_o nation_n poor_a and_o spare_v no_o body_n if_o three_o million_o be_v necessary_a for_o the_o carry_v on_o the_o trade_n of_o england_n whereof_o one_o million_o be_v for_o the_o land-holder_n to_o maintain_v he_o another_o be_v for_o the_o payment_n of_o the_o labourer_n and_o handicraftsman_n and_o the_o three_o be_v the_o share_n of_o the_o broker_n come_v to_o they_o for_o their_o care_n and_o pain_n in_o distribute_v if_o one_o million_o of_o this_o money_n be_v go_v out_o of_o the_o kingdom_n must_v not_o there_o be_v â…“_n part_v less_o to_o be_v share_v among_o they_o for_o the_o product_n of_o their_o land_n their_o labour_n and_o their_o distribution_n i_o do_v not_o say_v they_o will_v feel_v it_o at_o the_o same_o time_n but_o the_o landholder_n have_v nothing_o but_o what_o the_o product_n of_o his_o land_n will_v yield_v and_o the_o buyer_n according_a to_o the_o plenty_n or_o scarcity_n of_o money_n he_o have_v always_o set_v the_o price_n upon_o what_o be_v offer_v to_o sale_n the_o land-holder_n must_v be_v content_a to_o take_v the_o market-rate_a for_o what_o he_o bring_v thither_o which_o always_o follow_v the_o scarcity_n or_o plenty_n of_o money_n if_o any_o part_n of_o our_o money_n be_v go_v he_o be_v sure_o first_o to_o find_v it_o in_o the_o price_n of_o his_o commodity_n for_o the_o broker_n and_o merchant_n though_o he_o sell_v cheap_a yet_o he_o buy_v cheap_a too_o and_o he_o will_v be_v sure_a to_o get_v by_o his_o return_v or_o let_v alone_o a_o commodity_n which_o will_v not_o produce_v he_o gain_n and_o whatsoever_o be_v so_o let_v alone_o and_o leave_v upon_o hand_n always_o turn_v to_o the_o land-holders_n loss_n suppose_v that_o of_o our_o woollen_a manufacture_n foreign_a market_n take_v off_o one_o half_a and_o the_o other_o half_o be_v consume_v among_o ourselves_o if_o a_o sensible_a part_n as_o â…“_n of_o our_o money_n be_v go_v and_o so_o man_n have_v equal_o â…“_n less_o than_o they_o have_v for_o it_o be_v certain_a it_o must_v be_v tantamount_n and_o what_o i_o escape_v of_o â…“_n less_o another_o
must_v make_v up_o it_o will_v follow_v that_o they_o will_v have_v less_o to_o lay_v out_o in_o clothes_n as_o well_o as_o other_o thing_n and_o so_o will_v either_o wear_v they_o long_o or_o pay_v less_o for_o they_o if_o a_o clothier_n find_v a_o want_n of_o vent_n he_o must_v either_o sell_v cheap_a or_o not_o at_o all_o if_o he_o sels_z cheap_a he_o must_v also_o pay_v less_o both_o for_o wool_n and_o labour_n and_o if_o the_o labourer_n have_v less_o wage_n he_o must_v also_o pay_v less_o for_o corn_n butter_n cheese_n flesh_n or_o else_o forbear_v some_o of_o these_o quite_o in_o all_o which_o case_n the_o price_n of_o wool_n corn_n flesh_n and_o the_o other_o product_n of_o land_n be_v bring_v down_o and_o the_o land_n bear_v the_o great_a part_n of_o the_o loss_n for_o wherever_o the_o consumption_n or_o vent_n of_o any_o commodity_n be_v stop_v there_o the_o stop_n continue_v on_o till_o it_o come_v to_o the_o land-holder_n and_o wherever_o the_o price_n of_o any_o commodity_n begin_v to_o fall_v how_o many_o hand_n soever_o there_o be_v between_o that_o and_o the_o land-holder_n they_o all_o take_v reprisal_n one_o upon_o another_o till_o at_o last_o it_o come_v to_o the_o land-holder_n and_o there_o the_o abatement_n of_o price_n of_o any_o of_o his_o commodity_n lessen_v his_o income_n and_o be_v a_o clear_a loss_n the_o owner_n of_o land_n which_o produce_v the_o commodity_n and_o the_o last_o buyer_n who_o consume_v it_o be_v the_o two_o extreme_n in_o commerce_n and_o though_o the_o fall_n of_o any_o sort_n of_o commodity_n in_o the_o landholder_n hand_n do_v not_o prove_v so_o to_o the_o last_o consumer_n the_o art_n of_o intervening_a broker_n and_o engrosser_n keep_v up_o the_o price_n to_o their_o own_o advantage_n yet_o whenever_o want_n of_o money_n or_o want_v of_o desire_n in_o the_o consumer_n make_v the_o price_n low_a that_o immediate_o reach_v the_o first_o producer_n no_o body_n between_o have_v any_o interest_n to_o keep_v it_o up_o now_o as_o to_o the_o two_o first_o cause_n of_o fall_v of_o rent_n fall_v of_o interest_n have_v no_o influence_n at_o all_o in_o the_o latter_a â—it_n have_v a_o great_a part_n because_o it_o make_v the_o money_n of_o england_n less_o by_o make_v both_o englishman_n and_o foreigner_n withdraw_v or_o withhold_v their_o money_n for_o that_o which_o be_v not_o let_v loose_a into_o trade_n be_v all_o one_o while_o hoard_v up_o as_o if_o it_o be_v not_o in_o be_v i_o have_v hear_v it_o bring_v for_o a_o reason_n why_o interest_n shall_v be_v reduce_v to_o four_o per_fw-mi cent_z that_o thereby_o the_o landholder_n who_o bear_v the_o burden_n of_o the_o public_a charge_n may_v â—e_v in_o some_o degree_n ease_v by_o fall_v of_o interest_n this_o argument_n will_v be_v put_v right_a if_o you_o 〈◊〉_d it_o will_v case_v the_o forrower_n and_o say_v the_o less_o on_o the_o lender_n but_o it_o concern_v not_o the_o land_n in_o general_n unless_o you_o will_v suppose_v all_o land-holders_n in_o debt_n 〈…〉_z we_o may_v yet_o think_v that_o man_n in_o â—â—gland_n who_o have_v land_n have_v money_n too_o and_o that_o land_a man_n as_o well_o aâ—_n other_o by_o their_o providence_n and_o good_a husbandry_n accommodate_v their_o expense_n to_o their_o income_n keep_v themselves_o from_o go_v backward_o in_o the_o world_n that_o which_o be_v urge_v as_o most_o deserve_a consideration_n and_o remedy_n in_o the_o case_n be_v that_o it_o be_v hard_a and_o unreasonable_a that_o one_o who_o have_v mortgage_v half_a his_o land_n shall_v yet_o pay_v tax_n for_o the_o whole_a while_o the_o mortgage_n go_v away_o with_o the_o clear_a profit_n of_o a_o high_a interest_n to_o this_o i_o answer_v 1._o that_o if_o any_o man_n have_v run_v himself_o in_o debt_n for_o the_o service_n of_o his_o country_n it_o be_v fit_a the_o public_a shall_v reimburse_v he_o and_o set_v he_o free_a this_o be_v a_o care_n that_o become_v the_o public_a justice_n that_o man_n if_o they_o receive_v no_o reward_n shall_v at_o least_o be_v keep_v from_o suffer_v in_o have_v serve_v their_o country_n but_o i_o do_v not_o remember_v the_o polity_n of_o any_o nation_n who_o alter_v their_o constitution_n in_o favour_n of_o those_o who_o mismanagement_n have_v bring_v they_o behindhand_o possible_o as_o think_v the_o public_a little_a behold_v to_o those_o who_o have_v misemploy_v the_o stock_n of_o their_o country_n in_o the_o excess_n of_o their_o private_a expense_n and_o by_o their_o example_n spread_v a_o fashion_n that_o carry_v ruin_n with_o it_o man_n pay_v tax_n of_o mortgage_v land_n be_v a_o punishment_n for_o ill-husbandry_n which_o ought_v to_o be_v discourage_v but_o it_o concern_v very_o little_a the_o frugal_a and_o the_o thrifty_a 2._o another_o thing_n to_o be_v say_v in_o reply_n to_o this_o be_v that_o it_o be_v with_o gentleman_n in_o the_o country_n as_o with_o tradesman_n in_o the_o city_n if_o they_o will_v own_o title_n to_o great_a estate_n than_o real_o they_o have_v it_o be_v their_o own_o fault_n and_o there_o be_v no_o way_n leave_v to_o help_v they_o from_o pay_v for_o they_o the_o remedy_n be_v in_o their_o own_o hand_n to_o discharge_v themselves_o when_o they_o please_v and_o when_o they_o have_v once_o sell_v their_o land_n and_o pay_v their_o debt_n they_o will_v no_o long_o pay_v tax_n for_o what_o they_o own_o without_o be_v real_o they_o there_o be_v another_o way_n also_o whereby_o they_o may_v be_v relieve_v as_o well_o as_o a_o great_a many_o other_o inconvenience_n remedy_v and_o that_o be_v by_o a_o registry_n for_o if_o mortgage_n be_v register_v i_o and_o tax_n may_v reach_v they_o and_o order_v the_o lender_n to_o pay_v his_o proportion_n i_o have_v meet_v with_o patron_n of_o four_o per_fw-la cent_z who_o among_o many_o other_o fine_a thing_n they_o tell_v we_o of_o affirm_v that_o if_o interest_n be_v reduce_v to_o four_o per_fw-mi cent_z then_o sâ—me_v man_n will_v borrow_v money_n at_o this_o low_a rate_n pay_v their_o debt_n other_o will_v borrow_v more_o than_o they_o now_o do_v and_o improve_v their_o land_n other_o will_v borrow_v more_o and_o employ_v it_o in_o trade_n and_o manufacture_n gild_a word_n indeed_o be_v there_o any_o thing_n substantial_a in_o they_o these_o man_n talk_v as_o if_o they_o mean_v to_o show_v we_o not_o only_o the_o wisdom_n but_o riches_n of_o solomon_n and_o make_v gold_n and_o silver_n as_o common_a as_o the_o stone_n in_o the_o street_n but_o at_o last_o i_o fear_v it_o will_v be_v but_o wit_n without_o money_n and_o i_o wish_v it_o amount_v to_o that_o it_o be_v without_o question_n that_o can_v the_o countryman_n and_o the_o tradesman_n take_v up_o money_n cheap_a than_o now_o they_o do_v every_o man_n will_v be_v forward_o to_o borrow_v and_o desire_v that_o he_o may_v have_v other_o man_n money_n to_o employ_v to_o his_o advantage_n and_o therefore_o i_o confess_v those_o who_o contend_v for_o four_o per_fw-la cent_z have_v find_v out_o a_o way_n to_o set_v man_n month_n a_o water_v for_o money_n at_o that_o rate_n and_o to_o increase_v the_o number_n of_o the_o borrower_n in_o england_n if_o any_o body_n can_v imagine_v it_o will_v be_v a_o advantage_n to_o increase_v they_o but_o to_o answer_v all_o their_o fine_a project_n i_o have_v but_o this_o one_o short_a question_n to_o ask_v they_o will_v four_o per_fw-mi cent_z increase_v the_o number_n of_o the_o lender_n if_o it_o will_v not_o as_o any_o man_n at_o the_o very_a first_o hear_n will_v shrewd_o suspect_v it_o will_v not_o than_o all_o the_o plenty_n of_o money_n these_o conjurer_n bestow_v upon_o we_o for_o improvement_n of_o land_n pay_v of_o debt_n and_o advancement_n of_o trade_n be_v but_o like_o the_o gold_n and_o silver_n which_o old_a woman_n believe_v other_o conjurer_n bestow_v sometime_o by_o whole_a lapful_n on_o poor_a credulous_a girl_n which_o when_o they_o bring_v to_o the_o light_n be_v find_v to_o be_v nothing_o but_o wither_a leave_n and_o the_o possessor_n of_o it_o be_v still_o as_o much_o in_o want_n of_o money_n as_o ever_o indeed_o i_o grant_v it_o will_v be_v well_o for_o england_n and_o i_o wish_v it_o be_v so_o that_o the_o plenty_n of_o money_n be_v so_o great_a among_o we_o that_o every_o man_n can_v borrow_v as_o much_o as_o he_o can_v use_v in_o trade_n for_o four_o per_fw-mi cent_z nay_o that_o man_n can_v borrow_v as_o much_o as_o they_o can_v employ_v for_o six_o per_fw-la cent._n but_o even_o at_o that_o rate_n the_o borrower_n already_o be_v far_o more_o than_o the_o lender_n why_o else_o do_v the_o merchant_n upon_o occasion_n pay_v six_o per_fw-la cent_z and_o often_o above_o that_o rate_n for_o brokage_n and_o why_o do_v the_o country_n gentleman_n of_o 1000_o l._n per_fw-la annum_fw-la find_v
be_v lay_v on_o high_a or_o low_a interest_n 4._o interest_n be_v so_o high_a prevent_v the_o build_n of_o ship_n which_o be_v the_o strength_n and_o safety_n of_o our_o island_n mâ—st_a merchant_n ship_n be_v build_v in_o holland_n answ._n though_o this_o argument_n be_v now_o go_v such_o ship_n be_v prohibit_v by_o a_o law_n i_o will_v help_v the_o author_n to_o one_o as_o good_a the_o duâ—ch_n buy_v our_o rape-seed_n make_v it_o into_o oil_n bring_v it_o back_o to_o we_o and_o sell_v it_o with_o advantage_n this_o may_v be_v as_o well_o say_v to_o be_v from_o high_a interest_n here_o and_o low_a there_o but_o the_o truth_n be_v the_o industry_n and_o frugality_n of_o that_o people_n make_v they_o content_a to_o work_v cheap_a and_o sell_v at_o less_o profit_n than_o their_o neighbour_n and_o so_o get_v the_o trade_n from_o they_o 5._o the_o high_a râ—te_n of_o usury_n make_v land_n sell_v so_o cheap_a be_v nâ—t_a worth_n more_o than_o 14_o or_o 15_o year_n purchase_n whereas_o in_o holland_n where_o interest_n be_v at_o 6_o it_o be_v worth_a above_o 25._o so_o that_o a_o low_a interest_n raise_v the_o price_n of_o land_n where_o money_n be_v dear_a land_n be_v cheap_a ans._n this_o argument_n plain_o confess_v that_o there_o be_v something_o else_o regulate_v the_o price_n of_o land_n beside_o the_o rate_n of_o interest_n else_o when_o money_n be_v at_o 10_o per_fw-mi cent_z here_o land_n shall_v have_v be_v at_o 10_o year_n purchase_n whereas_o he_o confess_v it_o then_o to_o have_v be_v at_o 14_o or_o 15._o one_o may_v suppose_v to_o favour_v his_o hypothesis_n he_o be_v not_o forward_o to_o speak_v the_o most_o of_o it_o and_o interest_n as_o he_o say_v being_z at_z 6_o per_fw-mi cent_z in_o holland_n land_n there_o shall_v have_v sell_v by_o that_o rule_n for_o 16_o â—_o â—_o year_n purchase_v whereas_o he_o say_v it_o be_v worth_a about_o 25._o and_o mr._n manly_n say_v p._n 33._o that_o 〈◊〉_d in_o france_n be_v at_o 7_o per_fw-mi cent_z noble_a 〈…〉_z 4_o and_o 35_o year_n purchase_n and_o 〈◊〉_d land_n for_o 25._o so_o that_o the_o true_a 〈…〉_z from_o hence_o be_v not_o what_o our_o 〈…〉_z that_o it_o be_v not_o the_o legal_a 〈…〉_z something_o else_o that_o govern_v the_o 〈◊〉_d of_o land_n i_o grant_v his_o position_n that_o 〈…〉_z but_o it_o must_v be_v so_o by_o the_o natural_a not_o legal_a interest_n for_o where_o money_n will_v be_v lend_v on_o good_a security_n at_o 4_o or_o 5_o per_fw-mi cent_z it_o be_v a_o demonstration_n that_o there_o be_v more_o than_o will_v be_v venture_v on_o ordinary_a credit_n in_o trade_n and_o when_o this_o plenty_n become_v general_a it_o be_v a_o sign_n there_o be_v more_o money_n than_o can_v be_v employ_v in_o trade_n which_o can_v but_o put_v many_o upon_o seek_v purchase_n to_o lay_v it_o out_o in_o land_n and_o so_o raise_v the_o price_n of_o land_n by_o make_v more_o buyer_n than_o seller_n 6._o it_o be_v not_o probable_a lender_n will_v call_v in_o their_o money_n when_o they_o can_v make_v great_a interest_n any_o where_o beside_o their_o security_n upon_o lâ—nd_n will_v be_v better_o answ._n some_o unskilful_a and_o timorous_a man_n will_v call_v in_o their_o money_n other_o put_v it_o into_o the_o banker_n hand_n but_o the_o banker_n and_o skilful_a will_v keep_v it_o up_o and_o not_o lend_v it_o but_o at_o the_o natural_a use_n as_o we_o have_v show_v but_o how_o security_n will_v beâ—ne_v eâ—dâ—d_v by_o lower_v of_o interest_n be_v i_o confess_v beyond_o my_o comprehension_n of_o raise_v our_o coin_n be_v now_o upon_o the_o consideration_n of_o interest_n and_o money_n give_v i_o leave_v to_o say_v one_o word_n more_o on_o this_o occasion_n which_o may_v not_o be_v whole_o unseasonable_a at_o this_o time_n i_o hear_v a_o talk_v up_o and_o down_o of_o raise_v our_o money_n as_o a_o mean_n to_o retain_v our_o wealth_n and_o keep_v our_o money_n from_o be_v carry_v away_o i_o wish_v those_o that_o use_v the_o phrase_n of_o raise_v our_o money_n have_v some_o clear_a notion_n annex_v to_o it_o and_o that_o then_o they_o will_v examine_v whether_o that_o be_v true_a it_o will_v at_o all_o serve_v to_o those_o end_n for_o which_o it_o be_v propose_v the_o raise_n of_o mâ—nâ—y_n than_o signify_v one_o of_o these_o two_o thing_n either_o raise_v the_o value_n of_o our_o money_n or_o raise_v the_o denomination_n of_o our_o coin_n the_o raise_n of_o the_o value_n of_o money_n or_o any_o thing_n else_o be_v nothing_o but_o the_o make_v a_o less_o quantity_n of_o it_o exchange_v for_o any_o other_o thing_n than_o will_v have_v be_v take_v for_o it_o before_o v_o g._n if_o 5_o s._n will_v exchange_n for_o or_o as_o we_o call_v it_o buy_v a_o bushel_n of_o wheat_n if_o you_o can_v make_v 4_o s._n buy_v another_o bushel_n of_o the_o same_o wheat_n it_o be_v plain_a the_o value_n of_o your_o money_n be_v raise_v in_o respect_n of_o wheat_n â…•_n but_o thus_o nothing_o can_v raise_v or_o fall_v the_o value_n of_o your_o money_n but_o the_o proportion_n of_o its_o plenty_n or_o scarcity_n in_o proportion_n to_o the_o plenty_n scarcity_n or_o vent_v of_o any_o other_o commodity_n with_o which_o you_o compare_v it_o or_o for_o which_o you_o will_v exchange_v it_o and_o thus_o silver_n which_o make_v the_o inâ—â—ntick_a value_n of_o money_n compare_v with_o itself_o under_o any_o stamp_n or_o denomination_n of_o the_o same_o or_o different_a country_n can_v be_v raise_v for_o a_o ounce_n of_o silver_n whether_o in_o pâ—neâ—_n gâ—oâ—â—â—â—_n â—_z or_o crâ—wn_v piece_n stivers_n or_o duâ—â—tâ—â—ns_n or_o in_o bullion_n be_v and_o always_o eternal_o will_v be_v of_o equal_a value_n to_o any_o other_o ounce_n of_o siâ—ver_n under_o what_o stamp_n or_o denomination_n soever_o unless_o it_o can_v be_v show_v that_o any_o stamp_n can_v add_v any_o new_a and_o better_a 〈…〉_z parcel_n of_o silver_n which_o 〈…〉_z of_o silver_n 〈◊〉_d 〈◊〉_d therefore_o 〈…〉_z of_o equal_a value_n to_o silver_n 〈…〉_z coin_n come_v 〈◊〉_d with_o 〈…〉_z less_o or_o equal_a 〈…〉_z or_o equal_a silveâ—_n 〈◊〉_d and_o 〈…〉_z can_v by_o no_o 〈…〉_z your_o money_n 〈…〉_z of_o the_o world_n 〈…〉_z be_v aâ—oyâ—d_v 〈…〉_z so_o much_o silver_n alloy_v or_o mix_v with_o base_a metal_n because_o beside_o the_o weight_n of_o the_o silver_n those_o who_o have_v need_v of_o fine_a i._n e._n unmixed_a silver_n as_o gilder_n wire-drawer_n etc._n etc._n must_v according_o to_o their_o need_n beside_o a_o equal_a weight_n of_o silver_n mix_v with_o other_o metal_n give_v a_o overplus_n to_o reward_v the_o refiner_n skill_n and_o pain_n and_o in_o this_o case_n fine_a silver_n and_o alloy_v or_o mix_v silver_n be_v consider_v as_o two_o distinct_a commodity_n but_o no_o money_n be_v coin_v of_o pure_a fine_a silver_n this_o concern_v not_o the_o value_n of_o money_n at_o all_o wherein_o a_o equal_a quantity_n of_o silver_n be_v always_o the_o same_o value_n with_o a_o equal_a quantity_n of_o silver_n let_v the_o stamp_n or_o denomination_n be_v what_o it_o will_n all_o then_o that_o can_v be_v do_v in_o this_o great_a mystery_n of_o raise_v money_n be_v only_o to_o alter_v 〈…〉_z and_o call_v that_o a_o crown_n now_o which_o before_o by_o the_o law_n be_v but_o a_o part_n of_o a_o crown_n for_o example_n suppose_v according_a to_o the_o standard_n of_o our_o law_n 5_o â—_o or_o a_o crown_n be_v to_o weigh_v a_o ounce_n as_o it_o do_v now_o want_v 18_o grain_n whereof_o â—_o ½_o be_v copper_n and_o 11_o 12_o silver_n for_o there_o about_o it_o be_v it_o be_v plain_a here_o it_o be_v the_o quantity_n of_o silver_n give_v the_o value_n to_o it_o for_o let_v another_o piece_n be_v coin_v of_o the_o same_o weight_n wherein_o half_o the_o silver_n be_v take_v out_o and_o copper_n or_o other_o alloy_n put_v into_o the_o place_n every_o one_o know_v it_o will_v be_v worth_a but_o half_a as_o much_o for_o the_o value_n of_o the_o alloy_n be_v so_o inconsiderable_a as_o not_o to_o be_v reckon_v this_o crown_n now_o must_v be_v raisedâ—_n and_o from_o henceforth_o our_o crown_n piece_n coin_v 1_o 20_o light_a than_o a_o ounce_n which_o be_v nothing_o but_o change_v the_o denomination_n call_v that_o a_o crown_n now_o which_o yesterday_o be_v but_o a_o part_n viz._n 19_o 20_o of_o a_o crown_n whereby_o you_o have_v only_o raise_v 19_o part_n to_o the_o denomination_n former_o give_v to_o 20._o for_o i_o think_v no_o body_n can_v be_v so_o senseless_a as_o to_o imagine_v that_o 19_o grain_n or_o ounce_n of_o silver_n can_v be_v raise_v to_o the_o value_n of_o 20_o or_o that_o 19_o gr._n or_o ounce_n of_o silver_n shall_v at_o the_o same_o time_n exchange_v for_o or_o buy_v as_o much_o corn_n oil_n or_o wine_n as_o 20_o which_o be_v to_o raise_v
it_o to_o the_o value_n of_o 20._o for_o if_o 19_o ounce_n of_o silver_n can_v be_v worth_a 20_o ounce_n of_o silver_n or_o pay_v for_o as_o much_o of_o any_o other_o commodity_n than_o 18_o 1â—_n or_o â—_o ounce_n may_v do_v the_o same_o for_o if_o the_o abate_v 1_o 20_o of_o the_o quantity_n of_o silver_n of_o any_o coin_n do_v not_o lessen_v its_o value_n the_o abate_v 1â—_n 20_o of_o the_o quantity_n of_o the_o silver_n of_o any_o coin_n will_v not_o abate_v its_o value_n and_o so_o a_o single_a threepence_n or_o a_o single_a penny_n be_v call_v a_o crown_n will_v buy_v as_o much_o spice_n or_o silk_n or_o any_o other_o commodity_n as_o a_o crown-piece_n which_o contain_v 20_o or_o 60_o time_n as_o much_o silver_n which_o be_v a_o absurdity_n so_o great_a that_o i_o think_v no_o body_n will_v want_v eye_n to_o see_v and_o sense_n to_o disow_v now_o this_o raise_v your_o money_n or_o give_v a_o less_o quantity_n of_o silver_n the_o stamp_n and_o denomination_n of_o a_o great_a may_v be_v do_v two_o way_n 1._o by_o raise_v one_o species_n of_o your_o money_n 2._o by_o raise_v all_o your_o silver_n coin_n at_o once_o proportionable_o which_o be_v the_o thing_n i_o suppose_v now_o propose_v 1._o the_o raise_n of_o one_o species_n of_o your_o coin_n beyond_o its_o intrinsic_a value_n be_v do_v by_o coin_v any_o one_o species_n which_o in_o account_n bear_v such_o a_o proportion_n to_o the_o other_o species_n of_o your_o coin_n with_o less_o silver_n in_o it_o than_o be_v require_v by_o that_o value_n it_o bear_v in_o your_o money_n for_o example_n a_o crown_n with_o we_o go_v for_o 60_o penny_n a_o shilling_n for_o 12_o penny_n a_o tâ—ster_n for_o 6_o penny_n and_o a_o groat_n for_o 4_o penny_n and_o according_o the_o proportion_n of_o silver_n in_o each_o of_o they_o aught_o to_o be_v as_o 60._o 12._o 6._o and_o 4._o now_o if_o in_o the_o mint_n there_o shall_v be_v coin_v groat_n or_o tester_n that_o be_v of_o the_o same_o alloy_n with_o our_o other_o money_n have_v but_o 2_o â—_o of_o the_o weight_n that_o those_o species_n be_v coin_v at_o now_o or_o else_o be_v of_o the_o same_o weight_n be_v alloy_v with_o â…“_n of_o copper_n 〈…〉_z 〈…〉_z and_o shall_v thus_o by_o law_n be_v make_v current_n the_o rest_n of_o your_o silver_n money_n be_v keep_v to_o the_o present_a standard_n in_o weight_n and_o fineness_n it_o be_v plain_a those_o species_n will_v be_v raise_v â…“_n part_n that_o pass_v for_o 6_o d_o which_o have_v but_o the_o silver_n of_o 4_o d_o in_o it_o and_o will_v be_v all_o one_o as_o if_o a_o groat_n shall_v by_o law_n be_v make_v current_n for_o 6_o d_o and_o every_o 6_o d_o in_o payment_n pass_v for_o 9_o d._n this_o be_v true_o raise_v the_o species_n but_o be_v no_o more_o in_o effect_n than_o if_o the_o mine_n shall_v coin_v clip_v money_n and_o have_v beside_o the_o cheat_n that_o be_v put_v by_o such_o base_a or_o light_a money_n on_o every_o particular_a man_n that_o receive_v it_o that_o he_o want_v â…“_n of_o that_o real_a value_n which_o the_o public_a aught_o to_o secure_v he_o in_o the_o money_n it_o oblige_v he_o to_o receive_v as_o lawful_a and_o current_a it_o hasâ—_n i_o say_v this_o great_a and_o unavoidable_a inconvenience_n to_o the_o public_a that_o beside_o the_o opportunity_n it_o give_v to_o domestic_a coinâ—â—â—_n to_o cheat_v you_o with_o lawful_a money_n it_o pâ—â—â—_n it_o into_o the_o hand_n of_o foreigner_n to_o 〈◊〉_d away_o your_o money_n without_o any_o commodity_n for_o itâ—_n for_o if_o they_o find_v that_o twopenny_n weight_n of_o silver_n mark_v with_o a_o certain_a impression_n shall_v â—â—re_v in_o eâ—gland_n be_v equivalent_a to_o 3_o d_o weight_n mark_v with_o another_o impression_n they_o will_v not_o fail_v to_o 〈◊〉_d piece_n of_o that_o fashion_n and_o so_o import_v that_o base_a and_o low_a coin_n will_n here_o in_o england_n receive_v 3_o d_o for_o 2_o d_o and_o quick_o carry_v away_o your_o silver_n in_o exchange_n for_o copper_n or_o bare_o the_o charge_n of_o coinage_n this_o be_v unavoidable_a in_o all_o country_n where_o any_o one_o species_n of_o their_o money_n be_v disproportionate_a in_o its_o intrinsic_a value_n i._n e._n in_o its_o due_a proportion_n of_o silver_n to_o the_o rest_n of_o the_o money_n of_o that_o country_n which_o the_o king_n of_o france_n can_v not_o avoid_v with_o all_o his_o watchfulness_n for_o though_o by_o edict_n he_o make_v his_o 4_o sâ—ls_n piece_n whereof_o 15_o be_v to_o pass_v for_o â—_o french_a crown_n though_o 20_o of_o they_o have_v not_o so_o much_o silver_n in_o they_o as_o be_v in_o a_o french_a crown_n piece_n pass_v in_o the_o inland_a part_n of_o his_o kingdom_n 15_o for_o a_o crown_n in_o all_o payment_n yet_o he_o dare_v not_o make_v they_o current_n in_o his_o seaport_n town_n for_o fear_v that_o shall_v give_v a_o opportunity_n to_o their_o importation_n but_o yet_o this_o caution_n serve_v not_o the_o turn_n they_o be_v still_o import_v and_o by_o this_o mean_n a_o great_a loss_n and_o damage_n bring_v upon_o his_o country_n so_o that_o he_o be_v force_v to_o cry_v they_o down_o and_o sink_v they_o to_o near_a their_o intrinsic_a value_n whereby_o a_o great_a many_o particular_a man_n who_o have_v quantity_n of_o that_o species_n in_o their_o hand_n lose_v a_o great_a part_n of_o their_o estate_n and_o every_o one_o that_o have_v any_o lose_v proportionable_o by_o it_o if_o we_o have_v groat_n or_o six-pence_n current_a by_o law_n among_o we_o that_o want_v â…“_n of_o the_o silver_n they_o now_o have_v by_o the_o standard_n to_o make_v they_o of_o equal_a value_n to_o our_o other_o species_n of_o money_n who_o can_v imagine_v that_o our_o neighbour_n will_v not_o present_o pour_v in_o quantity_n of_o such_o money_n upon_o we_o to_o the_o great_a loss_n and_o prejudice_n of_o the_o kingdom_n the_o quantity_n of_o silver_n that_o be_v in_o each_o piece_n or_o species_n of_o coin_n be_v that_o which_o make_v its_o real_a and_o intrinsic_a value_n the_o due_a proportion_n of_o silver_n ought_v to_o be_v keep_v in_o each_o species_n according_a to_o the_o respective_a rate_n set_v on_o each_o of_o they_o by_o law_n and_o when_o this_o be_v ever_o vary_v from_o it_o be_v but_o a_o trick_n to_o serve_v some_o present_a occasion_n but_o be_v always_o with_o loss_n to_o the_o country_n where_o the_o trick_n be_v play_v 2._o the_o other_o way_n of_o raise_v mâ—ny_n be_v by_o raise_v all_o your_o silver_n coin_n at_o once_o the_o proportion_n of_o a_o crown_n a_o shilling_n and_o a_o penny_n in_o reference_n to_o one_o another_o be_v still_o keep_v viz._n that_o a_o shilling_n shall_v weigh_v 1_o â—_o of_o a_o crown_n piece_n and_o a_o penny_n weigh_v 1_o 12_o of_o a_o shilling_n in_o standard_n silver_n but_o out_o of_o every_o one_o of_o these_o you_o abate_v 1_o 20_o of_o the_o silver_n they_o be_v wont_a to_o have_v in_o they_o if_o all_o the_o species_n of_o money_n be_v as_o it_o be_v call_v raise_v by_o make_v each_o of_o they_o to_o have_v 1_o 2d_o less_o of_o silver_n in_o they_o than_o former_o and_o so_o your_o whole_a money_n be_v light_a than_o it_o be_v these_o follow_v will_v be_v some_o of_o the_o consequence_n of_o it_o 1._o it_o will_v rob_v all_o creditor_n and_o landlord_n of_o 1_o 20_o or_o 5_o per_fw-mi cent_z of_o their_o debt_n in_o their_o 〈◊〉_d rent_n for_o ever_o and_o all_o other_o rent_n as_o far_o as_o their_o former_a contract_n reach_v of_o 5_o per_fw-mi cent_z of_o their_o yearly_a income_n and_o this_o without_o any_o advantage_n to_o the_o debtor_n or_o farmer_n for_o he_o receive_v no_o more_o pound_n sterling_a for_o his_o land_n or_o commodity_n in_o this_o new_o light_a coin_n than_o he_o shall_v have_v do_v of_o your_o old_a and_o weighty_a money_n get_v nothing_o by_o it_o if_o you_o say_v yes_o he_o will_v receive_v more_o crown_n half-crown_n and_o shilling_n piece_n for_o what_o he_o now_o sell_v for_o new_a money_n than_o he_o shall_v have_v do_v if_o the_o money_n of_o the_o old_a standard_n have_v continue_v you_o confess_v your_o money_n be_v not_o raise_v in_o value_n but_o in_o denomination_n since_o what_o your_o new_a piece_n want_v in_o weight_n must_v now_o be_v make_v up_o in_o their_o number_n but_o which_o way_n ever_o this_o fall_n it_o be_v certain_a the_o public_a which_o most_o man_n think_v aught_o to_o be_v the_o only_a reason_n of_o change_v a_o settle_a law_n and_o disturb_v the_o common_a current_a course_n of_o thing_n receive_v not_o the_o least_o profit_n by_o it_o nay_o as_o we_o shall_v see_v by_o and_o by_o it_o will_v be_v a_o great_a charge_n and_o loss_n to_o the_o kingdom_n but_o this_o at_o first_o
sight_n be_v visible_a that_o in_o all_o payment_n to_o be_v receive_v upon_o precedent_a contract_n if_o your_o money_n be_v in_o effect_n raise_v the_o receiver_n will_v lose_v 5_o per_fw-la cent._n for_o money_n have_v be_v lent_n and_o lease_n and_o other_o bargain_n make_v when_o money_n be_v of_o the_o same_o weight_n and_o fineness_n that_o it_o be_v now_o upon_o confidence_n that_o under_o the_o same_o name_n of_o pound_n shâ—l_n and_o pence_n they_o shall_v receive_v the_o same_o value_n i._n e._n the_o same_o quantity_n of_o silver_n by_o give_v the_o denomination_n now_o to_o less_o quantity_n of_o silver_n by_o 1_o 20_o you_o take_v from_o they_o 5_o per_fw-mi cent_z of_o their_o due_n when_o man_n go_v to_o market_n to_o buy_v any_o other_o commodity_n with_o their_o new_a but_o light_a money_n they_o will_v find_v 20_o s._n of_o their_o new_a money_n will_v buy_v no_o more_o of_o any_o commodity_n than_o 19_o will_v before_o for_o it_o not_o be_v the_o denomination_n but_o the_o quantity_n of_o silver_n that_o give_v the_o value_n to_o any_o coin_n 19_o grain_n or_o part_n of_o silver_n however_o denominate_v or_o markedy_a will_v no_o more_o be_v worth_a or_o pass_v for_o or_o buy_v so_o much_o of_o any_o other_o commodity_n as_o 20_o grain_n of_o silver_n will_v than_o 19_o s._n will_v pass_v for_o 20_o s._n if_o any_o one_o think_v a_o shilling_n or_o a_o crown_n in_o name_n have_v its_o value_n from_o the_o denomination_n and_o not_o from_o the_o quantity_n of_o silver_n in_o it_o let_v it_o be_v try_v and_o hereafter_o let_v a_o penny_n be_v call_v a_o shilling_n or_o a_o shilling_n be_v call_v a_o crown_n i_o believe_v no_o body_n will_v be_v content_a to_o receive_v his_o debt_n or_o rent_n in_o such_o money_n which_o though_o the_o law_n shall_v raise_v thus_o yet_o he_o foresee_v he_o shall_v lose_v 11_o 12_o by_o the_o one_o and_o by_o the_o other_o â…˜_n of_o the_o value_n he_o receive_v and_o will_v find_v his_o new_a shilling_n which_o have_v no_o more_o silver_n in_o it_o than_o 1_o 12_o of_o what_o a_o shilling_n have_v before_o will_v buy_v he_o of_o corn_n cloth_n or_o wine_n but_o 1_o 12_o of_o what_o a_o old_a shilling_n will_v this_o be_v as_o plain_o so_o in_o the_o raise_n as_o you_o call_v it_o your_o crown_n to_o 5_o s._n and_o 3_o d._n or_o which_o be_v the_o same_o thing_n make_v your_o crown_n 1_o 2d_o light_a in_o silver_n the_o only_a difference_n be_v that_o in_o one_o the_o loss_n be_v so_o great_a it_o be_v 11_o 12_o every_o body_n see_v and_o abhor_v it_o at_o first_o proposal_n but_o in_o the_o other_o it_o be_v but_o 1_o 20_o and_o cover_v with_o the_o deceitful_a name_n of_o raise_v our_o money_n people_n do_v not_o so_o ready_o observe_v it_o if_o it_o be_v good_a to_o raise_v the_o crown-piece_n this_o way_n 1_o 20_o this_o week_n i_o suppose_v it_o will_v be_v as_o good_a and_o profitable_a to_o raise_v it_o as_o much_o again_o the_o next_o week_n for_o there_o be_v no_o reason_n why_o it_o will_v not_o be_v as_o good_a to_o raise_v it_o again_o another_o 1_o 20_o the_o next_o week_n and_o so_o on_o wherein_o if_o you_o proceed_v but_o 10_o week_n successive_o you_o will_v by_o new-years-day_n next_o have_v every_o half-crown_n raise_v to_o a_o crown_n to_o the_o loss_n of_o ½_o of_o people_n debt_n and_o rent_n and_o the_o king_n revenue_n beside_o the_o confusion_n of_o all_o your_o affair_n and_o if_o you_o please_v to_o go_v on_o in_o this_o beneficial_a way_n of_o raise_v your_o money_n you_o may_v by_o the_o same_o art_n bring_v a_o pennyweight_n of_o silver_n to_o be_v a_o crown_n silver_n i._n e._n the_o quantity_n of_o pure_a silver_n separable_a from_o the_o alloy_n make_v the_o real_a value_n of_o money_n if_o it_o do_v not_o coin_z copper_n with_o the_o same_o stamp_n and_o denomination_n and_o see_v whether_o it_o will_v be_v of_o the_o same_o value_n i_o suspect_v your_o stamp_n will_v make_v it_o of_o no_o more_o worth_a than_o the_o copper-money_n of_o ireland_n be_v which_o be_v its_o weight_n in_o copper_n and_o no_o more_o that_o money_n lose_v so_o much_o to_o ireland_n as_o it_o pass_v for_o above_o the_o rate_n of_o copper_n but_o yet_o i_o think_v no_o body_n suffer_v so_o much_o by_o it_o as_o he_o by_o who_o authority_n it_o be_v make_v current_n if_o silver_n give_v the_o value_n you_o will_v say_v what_o need_n be_v there_o then_o of_o the_o charge_n of_o coinage_n may_v not_o man_n exchange_v silver_n by_o weight_n for_o other_o thing_n make_v their_o bargain_n and_o keep_v their_o account_n in_o silver_n by_o weight_n this_o may_v be_v do_v but_o it_o have_v these_o inconvenience_n 1._o the_o weigh_v of_o silver_n to_o every_o one_o we_o have_v occasion_n to_o pay_v it_o to_o will_v be_v very_o troublesome_a for_o every_o one_o must_v carry_v about_o scale_n in_o his_o pocket_n 2._o scale_n will_v not_o do_v the_o business_n for_o in_o the_o next_o place_n every_o one_o can_v distinguish_v between_o fine_a and_o mix_v silver_n so_o that_o though_o he_o receive_v the_o full_a weight_n he_o be_v not_o sure_a he_o receive_v the_o full_a weight_n of_o silver_n since_o there_o may_v be_v a_o mixture_n of_o some_o of_o the_o base_a metal_n which_o he_o be_v not_o able_a to_o discern_v those_o who_o have_v have_v the_o care_n and_o government_n of_o politic_a society_n introduce_v coinage_n as_o a_o remedy_n to_o those_o two_o inconvenience_n the_o stamp_n be_v a_o warranty_n of_o the_o public_a that_o under_o â—â—ch_a a_o denomination_n they_o shall_v receive_v a_o piece_n of_o such_o a_o weight_n and_o such_o a_o â—iness_n 〈◊〉_d be_v they_o shall_v receive_v so_o much_o silver_n and_o this_o be_v the_o reason_n why_o the_o counterâ—iting_a the_o stamp_n be_v make_v the_o high_a crime_n and_o have_v the_o weight_n of_o treason_n â—aid_v upon_o it_o because_o the_o stamp_n 〈…〉_z of_o the_o intrinsic_a value_n the_o royal_a authority_n give_v the_o 〈…〉_z the_o law_n â—â—lows_v and_o confirm_v the_o denomination_n and_o both_o together_o give_v as_o it_o be_v the_o pubâ—â—â—k_a faith_n as_o a_o security_n that_o 〈◊〉_d of_o money_n 〈◊〉_d for_o 〈…〉_z be_v of_o such_o a_o 〈…〉_z have_v 〈◊〉_d they_o so_o much_o silver_n for_o 〈◊〉_d siâ—ver_n â—nd_v not_o name_n that_o pay_v debâ—â—_n and_o purchase_v commodity_n if_o therefore_o i_o have_v contract_v for_o twenty_o crown_n and_o the_o law_n than_o have_v require_v that_o each_o of_o those_o crown_n shall_v have_v a_o ounce_n of_o silver_n it_o be_v certain_a my_o bargain_n be_v not_o make_v good_a i_o be_o defraud_v and_o whether_o the_o public_a faith_n be_v not_o break_v with_o i_o i_o leave_v to_o be_v consider_v if_o pay_v i_o 20_o crown_n the_o law_n allow_v they_o to_o be_v such_o as_o have_v but_o 19_o 2d_o of_o the_o silver_n they_o ought_v to_o have_v and_o real_o have_v in_o they_o when_o i_o make_v my_o contract_n 2._o it_o diminish_v all_o the_o king_n revenue_n 5_o per_fw-la cent._n for_o though_o the_o same_o number_n of_o pound_n shilling_n and_o penny_n be_v pay_v into_o the_o exchequer_n as_o be_v wont_a yet_o these_o name_n be_v give_v to_o coin_n that_o have_v each_o of_o they_o 1_o 20_o less_o of_o silver_n in_o they_o and_o that_o be_v not_o a_o secret_a conceal_v from_o stranger_n no_o more_o than_o from_o his_o own_o subject_n they_o will_v sell_v the_o king_n no_o more_o pitch_n â—arr_n or_o hemp_n for_o 20_o shilling_n after_o the_o raise_v your_o money_n than_o they_o will_v before_o for_o 19_o or_o to_o speak_v in_o the_o ordinary_a phrase_n they_o will_v raise_v their_o commodity_n 5_o per_fw-mi cent_z as_o you_o have_v raise_v your_o money_n 5_o per_fw-mi cent_z and_o it_o be_v well_o if_o they_o stop_v there_o for_o usual_o in_o such_o change_n a_o outcry_n be_v make_v of_o your_o lessen_v your_o coin_n those_o who_o you_o have_v to_o deal_v with_o you_o take_v the_o advantage_n of_o the_o alarm_n to_o secure_v themselves_o from_o any_o loss_n by_o your_o new_a trick_n raise_v their_o price_n even_o beyond_o the_o par_fw-fr of_o your_o lessen_v your_o coin_n i_o hear_v of_o two_o inconvenience_n complain_v of_o which_o it_o be_v propose_v by_o this_o project_n to_o remedy_n the_o one_o be_v the_o melt_a down_o of_o our_o coin_n the_o other_o the_o carrying_z away_o of_o our_o bullion_n these_o be_v both_o inconvenience_n i_o fear_v we_o lie_v under_o but_o neither_o of_o they_o will_v be_v in_o the_o least_o remove_v or_o prevent_v by_o the_o propose_a alteration_n of_o our_o money_n 1._o it_o be_v past_a doubt_n that_o our_o money_n be_v melt_v down_o the_o reason_n whereof_o be_v evident_o the_o cheapness_n of_o coinage_n for_o a_o tax_n on_o
make_v the_o difference_n of_o value_n and_o therefore_o whoever_o want_v bullion_n will_v as_o cheap_o melt_v down_o these_o new_a crown_n as_o buy_v bullion_n with_o they_o the_o raise_n of_o your_o money_n can_v then_o the_o act_n for_o free_a coinage_n stand_v hinder_v its_o be_v melt_v down_o nor_o in_o the_o next_o place_n much_o less_o can_v it_o as_o be_v pretend_v hinder_v the_o exportation_n of_o our_o bullion_n any_o denomination_n or_o stamp_n we_o shall_v give_v to_o silver_n here_o will_v neither_o give_v silver_n a_o high_a value_n in_o england_n nor_o make_v it_o less_o prize_v abroad_o so_o much_o silver_n will_v always_o be_v worth_a as_o we_o have_v already_o show_v so_o much_o silver_n give_v in_o exchange_n one_o for_o another_o nor_o will_v it_o when_o in_o your_o mint_n a_o less_o quantity_n of_o it_o be_v raise_v to_o a_o high_a denomination_n as_o when_o 19_o 20_o of_o a_o ounce_n have_v now_o the_o denomination_n of_o a_o crown_n which_o former_o belong_v only_o to_o the_o whole_a 20_o be_v one_o jot_n raise_v in_o respect_n of_o any_o other_o commodity_n you_o have_v raise_v the_o denomination_n of_o your_o stamp_a silver_n 1_o 20_o or_o which_o be_v all_o one_o 5_o per_fw-la cent._n and_o man_n will_v present_o raise_v their_o commodity_n 5_o per_fw-la cent._n so_o that_o if_o yesterday_o 20_o crown_n will_v exchange_v for_o 20_o bushel_n of_o wheat_n or_o 20_o yard_n of_o a_o certain_a sort_n of_o cloth_n if_o you_o will_v to_o day_n coin_v current_a crown_n 1_o 20_o light_a and_o make_v they_o the_o standard_n you_o will_v find_v 20_o crown_n will_v exchange_v for_o but_o 19_o bushel_n of_o wheat_n or_o 19_o yard_n of_o that_o cloth_n which_o will_v be_v just_a as_o much_o silver_n for_o a_o bushel_n as_o yesterday_o so_o that_o silver_n be_v of_o no_o more_o real_a value_n by_o your_o change_v your_o denomination_n and_o give_v it_o a_o less_o quantity_n this_o will_v no_o more_o bring_v in_o or_o keep_v your_o bullion_n here_o than_o if_o you_o have_v do_v nothing_o if_o this_o be_v otherwise_o you_o will_v be_v behold_v as_o some_o people_n foolish_o imagine_v to_o the_o clipper_n for_o keep_v in_o your_o money_n for_o if_o keep_v the_o old_a denomination_n to_o a_o less_o quantity_n of_o silver_n be_v raise_v your_o money_n as_o in_o effect_v it_o be_v all_o that_o be_v or_o can_v be_v do_v in_o it_o by_o this_o project_n of_o make_v your_o coin_n light_a the_o clipper_n have_v sufficient_o do_v that_o and_o if_o their_o trade_n go_v on_o a_o little_a while_n long_o at_o the_o rate_n it_o have_v of_o late_a and_o your_o miâ—l'd-money_n be_v melt_v down_o and_o carry_v away_o and_o no_o more_o coin_v your_o money_n will_v without_o the_o charge_n of_o new_a coinage_n be_v by_o that_o sort_n of_o artificer_n raise_v above_o 5_o per_fw-mi cent_z when_o all_o your_o current_a money_n shall_v be_v clip_v and_o make_v above_o 1_o â—0_n light_a than_o the_o standard_n preserve_v still_o its_o former_a denomination_n it_o will_v possible_o be_v here_o object_v to_o i_o that_o we_o see_v 100_o l._n of_o clip_a money_n above_o 5_o per_fw-mi cent_z light_a than_o the_o standard_n will_v buy_v as_o much_o corn_n cloth_n or_o wine_n as_o 100_o l._n in_o milled_a monâ—y_n which_o be_v 1_o 20_o heavy_a whereby_o it_o be_v evident_a that_o my_o rule_n fail_v that_o it_o be_v not_o the_o quantity_n of_o silver_n that_o give_v the_o value_n to_o money_n but_o its_o stamp_n and_o denomination_n to_o which_o i_o answer_v that_o man_n make_v their_o estimate_n and_o contract_n according_a to_o the_o standard_n upon_o supposition_n they_o shall_v receive_v good_a and_o lawful_a money_n which_o be_v that_o of_o full_a weight_n and_o so_o in_o effect_n they_o do_v while_o they_o receive_v the_o current_a money_n of_o the_o country_n for_o since_o 100_o l._n of_o clip_a money_n will_v pay_v a_o debt_n of_o 100_o l._n as_o well_o as_o the_o weighty_a milled_a money_n and_o a_o new_a crown_n out_o of_o the_o mint_n will_v pay_v for_o no_o more_o flesh_n fruit_n or_o cloth_n than_o five_o clip_a shilling_n it_o be_v evident_a that_o they_o be_v equivalent_a as_o to_o the_o purchase_n of_o any_o thing_n here_o at_o home_n while_o no_o body_n scruple_n to_o take_v five_o clip_a shilling_n in_o exchange_n for_o a_o weighty_a mill_v crown_n but_o this_o will_v be_v quite_o otherwise_o as_o soon_o as_o you_o change_v your_o coin_n andâ—_n to_o raise_v it_o as_o you_o call_v it_o make_v your_o money_n 1_o â—0_n light_a in_o the_o mint_n for_o than_o no_o body_n will_v any_o more_o give_v a_o old_a crown_n of_o the_o former_a standard_n for_o one_o of_o the_o new_a than_o he_o will_v now_o give_v you_o 5_o s._n and_o 3_o d._n for_o a_o crown_n for_o so_o much_o than_o his_o old_a crown_n will_v yield_v he_o at_o the_o mint_n clip_v and_o unclipt_a money_n will_v always_o buy_v a_o equal_a quantity_n of_o any_o thing_n else_o as_o long_o as_o they_o will_v without_o scruple_n change_v one_o for_o another_o and_o this_o make_v that_o the_o foreign_a merchant_n that_o come_v to_o fell_v his_o good_n to_o you_o always_o count_v upon_o the_o value_n of_o your_o money_n by_o the_o silver_n that_o be_v in_o it_o and_o estimate_n the_o quantity_n of_o silver_n by_o the_o standard_n of_o your_o mint_n though_o perhaps_o by_o reason_n of_o clip_a money_n any_o sum_n that_o be_v ordinary_o receive_v be_v much_o light_a than_o the_o standard_n and_o so_o have_v less_o silver_n in_o it_o than_o what_o be_v in_o a_o like_a sum_n new_o coin_v in_o the_o mint_n but_o whilst_o clip_v and_o weighty_a will_n equal_o change_v one_o for_o another_o it_o be_v all_o one_o to_o he_o whether_o he_o receive_v his_o money_n in_o clip_a money_n or_o no_o so_o it_o be_v but_o current_a for_o if_o he_o buy_v other_o commodity_n here_o with_o his_o money_n whatever_o sum_n he_o contract_v for_o clip_v as_o well_o as_o weighty_a money_n equal_o pay_v for_o it_o if_o he_o will_v carry_v away_o the_o price_n of_o his_o commodity_n in_o ready_a cash_n it_o be_v easy_o change_v into_o weighty_a money_n and_o then_o he_o have_v not_o only_o the_o sum_n in_o tale_n that_o he_o contract_v for_o but_o the_o quantity_n of_o silver_n he_o expect_v for_o his_o commodity_n according_a to_o the_o standard_n of_o our_o mint_n if_o the_o quantity_n of_o your_o clip_a money_n be_v once_o grow_v so_o great_a that_o the_o foreign_a merchant_n can_v if_o he_o have_v a_o mind_n to_o it_o easy_o get_v weighty_a money_n for_o it_o but_o have_v sell_v his_o merchandise_n and_o receive_v clip_v money_n find_v a_o difficulty_n to_o procure_v what_o be_v weight_n for_o it_o he_o will_v in_o sell_v his_o good_n either_o contract_n to_o be_v pay_v in_o weighty_a money_n or_o else_o raiseâ—_n the_o price_n of_o his_o commodity_n according_a to_o the_o diminish_v quantity_n of_o silver_n in_o your_o current_n coin_n in_o holland_n ducatoon_n be_v the_o best_a money_n of_o the_o country_n as_o well_o as_o the_o large_a coin_n man_n in_o payment_n receive_v and_o pay_v those_o indifferent_o with_o the_o other_o money_n of_o the_o country_n till_o of_o late_a the_o coin_n of_o other_o species_n of_o money_n of_o base_a alloy_n and_o in_o great_a quantity_n have_v make_v the_o ducatoon_n either_o by_o melt_v down_o or_o exportation_n scarce_a than_o former_o it_o become_v difficult_a to_o change_v the_o base_a money_n into_o ducatoon_n and_o since_o that_o no_o body_n will_v pay_v a_o debt_n in_o ducatoon_n unless_o he_o be_v allow_v ½_o per_fw-la cent_z more_z than_o they_o be_v coin_v for_o to_o understand_v this_o we_o must_v take_v notice_n that_o guilder_n be_v the_o denomination_n that_o in_o holland_n they_o usual_o compute_v by_o and_o make_v their_o contract_n in_o a_o ducatoon_n former_o pass_v at_o three_o guilder_n and_o three_o stuyver_n or_o 63_o stuyver_n there_o be_v then_o some_o year_n since_o begin_v to_o be_v coin_v another_o piece_n which_o be_v call_v a_o three_o guilder_n piece_n and_o be_v order_v to_o pass_v for_o three_o guilder_n or_o sixty_o stuyver_n but_o 21_o three_o guilder_n piece_n which_o be_v to_o pass_v for_o 63_o guilder_n not_o have_v so_o much_o silver_n in_o they_o as_o 20_o ducatoon_n which_o pass_v for_o the_o same_o sum_n of_o 63_o guilder_n the_o ducatoon_n be_v either_o melt_v down_o in_o their_o mint_n for_o the_o make_n of_o these_o 〈…〉_z or_o yet_o base_a money_n with_o profit_n or_o be_v carry_v away_o by_o foreign_a merchant_n who_o when_o they_o carry_v back_o the_o product_n of_o their_o sale_n in_o money_n will_v be_v sure_a to_o receive_v their_o payment_n of_o the_o number_n of_o guilder_n they_o contract_v for_o in_o ducatoon_n or_o change_v the_o money_n
they_o receive_v into_o ducatoon_n whereby_o they_o carry_v home_n more_o silver_n than_o if_o they_o have_v take_v they_o payment_n in_o three_o guilder_n piâ—ces_n or_o any_o other_o species_n thus_o ducatoon_n become_v scarce_o so_o that_o now_o he_o that_o will_v be_v pay_v in_o ducatoon_n must_v allow_v ½_o per_fw-la cent_z for_o they_o and_o therefore_o the_o merchant_n when_o they_o sell_v any_o thing_n now_o either_o make_v their_o bargain_n to_o be_v pay_v in_o ducatoon_n or_o if_o they_o contract_v for_o guilder_n in_o general_a which_o will_v be_v sure_a to_o be_v pay_v they_o in_o the_o base_a money_n of_o the_o country_n they_o raise_v the_o price_n of_o their_o commodity_n according_o by_o this_o example_n in_o a_o neighbour_n country_n we_o may_v see_v how_o our_o new_a milled_a money_n go_v away_o when_o foreign_a trade_n import_v more_o than_o our_o commodity_n will_v pay_v for_o it_o be_v certain_a we_o must_v contract_v debt_n beyond_o sea_n and_o those_o must_v be_v pay_v with_o money_n when_o either_o we_o can_v furnish_v or_o they_o will_v not_o take_v our_o good_n to_o discharge_v they_o to_o have_v money_n beyond_o sea_n to_o pay_v our_o debt_n when_o our_o commodity_n do_v not_o raise_v it_o there_o be_v no_o other_o way_n but_o to_o send_v it_o thither_o and_o since_o a_o weighty_a crown_n cost_v no_o more_o here_o than_o a_o light_a one_o and_o our_o coin_n beyond_o sea_n be_v value_v no_o otherwise_o than_o according_a to_o the_o quantity_n of_o silver_n it_o have_v in_o it_o whether_o we_o send_v it_o in_o specie_fw-la or_o whether_o we_o melt_v it_o down_o here_o to_o send_v it_o in_o bullion_n which_o be_v the_o safe_a way_n as_o be_v not_o prohibit_v the_o weighty_a be_v sure_a to_o go_v but_o when_o so_o great_a a_o quantity_n of_o your_o money_n be_v clip_v or_o so_o great_a a_o part_n of_o your_o weighty_a money_n be_v carry_v away_o that_o the_o foreign_a merchant_n or_o his_o factor_n here_o can_v have_v his_o price_n pay_v in_o weighty_a money_n or_o such_o as_o will_v easy_o be_v change_v into_o it_o than_o every_o one_o will_v see_v when_o man_n will_v no_o long_o take_v five_o clip_v shilling_n for_o a_o mill_v or_o weighty_a crown_n that_o it_o be_v the_o quantity_n of_o silver_n that_o buy_v commodity_n and_o pay_v debt_n and_o not_o the_o stamp_n and_o denomination_n which_o be_v put_v upon_o it_o and_o then_o too_o it_o will_v be_v see_v what_o a_o robbery_n be_v commit_v on_o the_o public_a by_o clip_v every_o grain_n diminish_v from_o the_o just_a weight_n of_o our_o money_n be_v so_o much_o loss_n to_o the_o nation_n which_o will_v one_o time_n or_o other_o be_v sensible_o feel_v and_o which_o if_o it_o be_v not_o take_v care_n of_o and_o speedy_o stop_v will_n in_o that_o enormous_a course_n it_o be_v now_o in_o quick_o i_o fear_v break_v out_o into_o open_a ill_a effect_n and_o at_o one_o blow_n deprive_v we_o of_o a_o great_a part_n perhaps_o near_o ¼_n of_o our_o money_n for_o that_o will_v be_v real_o the_o case_n when_o the_o increase_n of_o clip_v money_n make_v it_o hard_o to_o get_v weighty_a and_o man_n begin_v to_o put_v a_o difference_n of_o value_n between_o that_o which_o be_v weighty_a and_o light_a money_n and_o will_v not_o sell_v their_o commodity_n but_o for_o money_n that_o be_v weight_n and_o will_v according_o make_v their_o bargain_n let_v the_o country_n gentleman_n when_o it_o come_v to_o that_o pass_n consider_v what_o the_o decay_n of_o his_o estate_n will_v be_v when_o receive_v his_o rent_n in_o the_o tale_n of_o clip_v shillingsâ—_n according_a to_o his_o bargain_n he_o can_v get_v they_o to_o pass_v at_o market_n for_o more_o than_o their_o weight_n and_o he_o that_o sell_v he_o salt_n or_o silk_n will_v bargain_n for_o 5_o s._n such_o a_o quantity_n if_o he_o pay_v he_o in_o fair_a weighty_a coin_n but_o in_o clip_v money_n he_o will_v not_o take_v under_o 5_o s._n 3_o d._n here_o you_o see_v you_o have_v your_o money_n without_o this_o new_a trick_n of_o coinage_n raise_v 5_o per_fw-la cent._n but_o whether_o to_o any_o advantage_n of_o the_o kingdom_n i_o leave_v every_o one_o to_o judge_v hitherto_o we_o have_v only_o consider_v the_o râ—isiâ—g_n of_o silver_n câ—in_n and_o that_o have_v be_v only_o by_o coin_v it_o with_o lesâ—_n silver_n in_o it_o under_o the_o same_o denomination_n there_o be_v another_o way_n yet_o of_o raise_v money_n which_o have_v something_o more_o of_o reality_n though_o as_o little_a good_a as_o the_o former_a in_o it_o which_o now_o that_o we_o be_v upon_o the_o chapter_n of_o raise_v of_o money_n it_o may_v not_o be_v amiss_o to_o mention_v and_o that_o be_v when_o either_o of_o the_o two_o rich_a metal_n which_o money_n be_v usual_o make_v of_o be_v by_o law_n raise_v above_o its_o natural_a value_n in_o respect_n of_o the_o other_o gold_n and_o silver_n have_v in_o almost_o all_o age_n and_o part_n of_o the_o world_n where_o money_n be_v use_v general_o be_v think_v the_o fit_a material_n to_o make_v it_o of_o but_o there_o be_v a_o great_a disproportion_n in_o the_o plenty_n of_o these_o metal_n in_o the_o world_n one_o have_v always_o be_v value_v much_o high_a than_o the_o other_o so_o that_o one_o ounce_n of_o gold_n have_v exchange_v for_o several_a ounce_n of_o silver_n as_o at_o present_a our_o guinea_n pass_v for_o 21_o s._n 6_o d._n in_o silver_n gold_n be_v now_o about_o 15_o ½_o time_n more_o worth_a than_o silver_n there_o be_v about_o 15_o ½_o time_n more_o silver_n in_o 21_o s._n 6_o d._n than_o there_o be_v gold_n in_o a_o guinea_n this_o be_v now_o the_o market_n rate_v of_o gold_n to_o silver_n if_o by_o a_o establish_a law_n the_o rate_n of_o guinea_n shall_v be_v set_v high_a as_o to_o 22_o s._n and_o 6_o d._n they_o will_v be_v raise_v indeed_o but_o to_o the_o loss_n of_o the_o kingdom_n for_o by_o this_o law_n gold_n be_v raise_v 5_o per_fw-mi cent_z above_o its_o natural_a true_a value_n foreigner_n will_v find_v it_o worth_a while_n to_o send_v their_o gold_n hither_o and_o so_o fetch_v away_o your_o silver_n at_o 5_o per_fw-mi cent_z profit_n and_o so_o much_o loss_n to_o you_o for_o when_o so_o much_o gold_n as_o will_v purchase_v but_o 100_o ounce_n of_o silver_n any_o where_o else_o will_v in_o england_n purchase_v the_o merchant_n 105_o ounce_n what_o shall_v hinder_v he_o from_o bring_v his_o gold_n to_o so_o good_a a_o market_n and_o eiâ—her_o sell_v it_o at_o the_o mint_n where_o it_o will_v yield_v so_o much_o or_o have_v it_o coin_v into_o guinea_n either_o go_v with_o they_o to_o market_n with_o that_o advantage_n of_o 5_o per_fw-mi cent_z in_o the_o very_a sort_n of_o his_o money_n or_o change_v they_o into_o silver_n and_o carry_v that_o away_o with_o he_o on_o the_o other_o side_n if_o by_o a_o law_n you_o will_v raise_v your_o silver_n money_n and_o make_v 4_o crown_n or_o 20_o s._n in_o silver_n equal_a to_o a_o guinea_n at_o which_o rate_n i_o suppose_v it_o be_v first_o coin_v so_o that_o by_o your_o law_n a_o guinea_n shall_v pass_v but_o for_o 20_o s._n the_o same_o inconvenience_n will_v follow_v for_o than_o stranger_n will_v bring_v in_o silver_n and_o carry_v away_o your_o gold_n which_o be_v to_o be_v have_v here_o at_o a_o low_a rate_n than_o any_o where_o else_o if_o you_o say_v that_o this_o inconvenience_n be_v not_o to_o be_v fear_v for_o that_o as_o soon_o as_o people_n find_v that_o gold_n begin_v to_o grow_v scarce_o or_o that_o it_o be_v more_o worth_a than_o the_o law_n set_v upon_o it_o they_o will_v not_o then_o part_v with_o it_o at_o the_o statute-rate_n as_o we_o see_v the_o broad_a piece_n that_o be_v coin_v in_o k._n james_n i._o time_n for_o 20_o s._n no_o body_n will_v now_o part_v with_o under_o 23_o s._n or_o more_o according_a to_o the_o market_n value_n this_o i_o grant_v be_v true_a and_o it_o do_v plain_o confess_v the_o foolishness_n of_o make_v a_o law_n which_o can_v produce_v the_o effect_n it_o be_v make_v for_o as_o indeed_o it_o will_v not_o when_o you_o will_v raise_v the_o price_n of_o silver_n in_o respect_n of_o gold_n above_o its_o natural_a market_n value_n for_o then_o as_o we_o see_v in_o our_o gold_n the_o price_n of_o it_o will_v raise_v its_o self_n but_o on_o the_o other_o side_n if_o you_o shall_v by_o a_o law_n set_v the_o value_n of_o gold_n above_o its_o 〈◊〉_d than_o people_n will_v be_v bind_v to_o receive_v it_o at_o that_o high_a rate_n and_o so_o part_v with_o their_o silver_n at_o a_o under_o value_n but_o suppose_v that_o have_v a_o mind_n to_o raise_v your_o silver_n in_o respect_n of_o 〈◊〉_d for_o when_o you_o will_v raise_v the_o value_n
of_o money_n fancy_n what_o you_o will_v it_o be_v but_o in_o respect_n of_o something_o you_o 〈…〉_z it_o for_o and_o be_v only_o 〈…〉_z make_v a_o less_o quantity_n of_o the_o 〈…〉_z money_n be_v make_v of_o change_n 〈…〉_z quantity_n of_o that_o thing_n 〈…〉_z to_o you_o make_v a_o law_n 〈…〉_z of_o that_o if_o your_o law_n 〈…〉_z that_o as_o much_o as_o you_o 〈…〉_z gold_n for_o they_o be_v 〈…〉_z thing_n puâ—_n in_o 〈…〉_z the_o one_o 〈…〉_z clear_a loss_n to_o the_o kingdom_n as_o you_o raise_v silver_n and_o debase_v gold_n by_o your_o law_n below_o their_o natural_a value_n if_o you_o raise_v gold_n in_o proportion_n to_o silver_n the_o same_o effect_n follow_v the_o effect_n and_o ill_a consequence_n indeed_o be_v not_o so_o easy_o observe_v in_o the_o one_o as_o in_o the_o other_o because_o your_o account_n be_v keep_v and_o your_o reckon_n all_o make_v in_o pound_n shilling_n and_o penny_n which_o be_v denomination_n of_o silver_n coin_n or_o number_n of_o they_o if_o gold_n be_v make_v current_n at_o a_o rate_n above_o the_o free_a and_o market_n value_n of_o those_o two_o metal_n every_o one_o will_v easy_o perceive_v the_o inconvenience_n but_o there_o be_v a_o law_n for_o it_o you_o can_v refuse_v the_o gold_n in_o payment_n for_o so_o much_o and_o all_o the_o money_n or_o bullion_n people_n will_v carry_v beyond_o sea_n from_o you_o will_v be_v in_o silver_n and_o the_o money_n or_o bullion_n bring_v in_o will_v be_v in_o gold_n and_o the_o same_o just_a will_v happen_v when_o your_o silver_n be_v raise_v and_o gold_n debase_v in_o respect_n of_o one_o another_o beyond_o their_o true_a and_o natural_a proportion_n natural_a proportion_n or_o value_n i_o call_v that_o respective_a rate_n they_o find_v any_o where_o without_o the_o prescription_n of_o law_n for_o then_o silver_n will_v be_v that_o which_o be_v bring_v in_o and_o gold_n will_v be_v carry_v out_o and_o that_o still_o with_o loss_n to_o the_o kingdom_n answerable_a to_o the_o overvalue_v set_v by_o the_o law_n only_o as_o soon_o as_o the_o mischief_n be_v feel_v people_n will_v do_v what_o you_o can_v raise_v their_o gold_n to_o its_o natural_a value_n for_o your_o account_n and_o bargain_n be_v make_v in_o the_o denomination_n of_o silver-money_n if_o when_o gold_n be_v raise_v above_o its_o proportion_n by_o the_o law_n you_o can_v refuse_v it_o in_o payment_n as_o if_o the_o law_n shall_v make_v a_o guinea_n current_n at_o 22_o s._n and_o 6_o d._n you_o be_v bind_v to_o take_v it_o at_o that_o rate_n in_o payment_n but_o if_o the_o law_n shall_v make_v guineas_n current_n at_o 20_o s._n he_o that_o have_v they_o be_v not_o bind_v to_o pay_v they_o away_o at_o that_o rate_n but_o may_v keep_v they_o if_o he_o please_v or_o get_v more_o for_o they_o if_o he_o can_v yet_o from_o such_o a_o law_n one_o of_o these_o 3_o thing_n follow_v either_o one_a the_o law_n force_v they_o to_o go_v at_o 20_o s._n and_o then_o be_v find_v pass_v at_o that_o rate_n foreigner_n make_v their_o advantage_n of_o it_o or_o 2_o lie_v people_n keep_v they_o up_o and_o will_v not_o part_v with_o they_o at_o the_o legal_a rate_n understand_v they_o real_o to_o be_v worth_n more_o and_o then_o all_o your_o gold_n lie_v dead_a and_o be_v of_o no_o more_o use_n to_o trade_n than_o if_o it_o be_v all_o go_v out_o of_o the_o kingdom_n or_o 3_o lie_v it_o pass_v for_o more_o than_o the_o law_n allow_v and_o then_o your_o law_n signify_v nothing_o and_o have_v be_v better_o let_v alone_o which_o way_n ever_o it_o succeed_v it_o prove_v either_o prejudicial_a or_o ineffectual_a if_o the_o design_n of_o your_o law_n take_v place_n the_o kingdom_n lose_v by_o it_o if_o the_o inconvenience_n be_v feel_v and_o avoid_v your_o law_n be_v elude_v moâ—ny_o be_v measure_n of_o commerce_n and_o of_o the_o rate_n of_o every_o thing_n and_o therefore_o aught_o to_o be_v keep_v as_o all_o other_o measure_n as_o steady_a and_o unvariable_a as_o may_v be_v but_o this_o can_v beâ—_n if_o your_o money_n be_v make_v of_o two_o meâ—â—lâ—_n who_o proportion_n and_o consequent_o who_o price_n constant_o vary_v in_o respect_n of_o one_o another_o silver_n for_o many_o reason_n be_v the_o 〈◊〉_d of_o all_o metal_n to_o be_v this_o measure_n and_o therefore_o general_o make_v use_n of_o for_o money_n but_o than_o it_o be_v very_o unfit_a and_o inconvenient_a that_o gold_n or_o any_o other_o metâ—l_n shall_v be_v make_v current_n legal_a mony_n at_o a_o stand_a settle_a rate_n this_o iâ—_n to_o do_v by_o law_n what_o just_o can_v be_v do_v set_v a_o rate_n upon_o the_o vary_a value_n of_o thing_n and_o isâ—_n aâ—_n i_o have_v show_v as_o far_o 〈◊〉_d it_o 〈◊〉_d a_o constant_a damage_n and_o prejudice_n to_o the_o country_n where_o it_o be_v practise_v suppose_v fifteen_o to_o one_o be_v now_o the_o exact_a pâ—r_n between_o gâ—ld_n and_o siâ—ver_o 〈…〉_z make_v it_o last_v and_o establish_v it_o so_o thaâ—_n next_o year_n or_o twenty_o year_n 〈…〉_z just_a value_n of_o gold_n to_o silverâ—_n and_o that_o one_o ounce_n of_o gold_n shall_v be_v 〈…〉_z ounce_n of_o silver_n neither_o more_o nor_o lesâ—_n â—tis_n possible_a the_o 〈…〉_z trade_n sweep_v away_o great_a 〈◊〉_d of_o gold_n may_v make_v it_o scarce_a in_o 〈◊〉_d perhaps_o the_o guinea_n trade_n and_o mine_n of_o peru_n afford_v it_o in_o a_o great_a abundance_n may_v make_v it_o more_o plentiful_a and_o so_o its_o value_n in_o respect_n of_o silver_n come_v on_o the_o one_o side_n to_o be_v as_o sixteen_o or_o on_o the_o other_o as_o fourteen_o to_o one_o and_o can_v any_o law_n you_o shall_v make_v alter_v this_o proportion_n here_o when_o it_o be_v so_o every_o where_o else_o round_o about_o you_o if_o your_o law_n set_v it_o at_o fifteen_o when_o it_o be_v at_o the_o free_a market_n rate_v in_o the_o neighbour_a country_n as_o sixteen_o to_o one_o will_v they_o not_o send_v hither_o their_o silver_n to_o fetch_v away_o your_o gold_n at_o 1_o 16_o loss_n to_o you_o or_o if_o you_o will_v keep_v its_o rate_n to_o silver_n as_o fifteen_o to_o one_o when_o in_o holland_n france_n and_o spain_n its_o market_n value_n be_v but_o fourteen_o will_v they_o not_o send_v hither_o their_o goldâ—_n and_o fetch_v away_o your_o silver_n at_o 1_o 1â—_n loss_n to_o you_o this_o be_v unavoidable_a if_o you_o will_v make_v money_n of_o both_o gold_n and_o silver_n at_o the_o same_o time_n and_o set_v rate_n upon_o they_o by_o law_n in_o respect_n of_o one_o another_o what_o then_o will_v you_o be_v ready_a to_o say_v will_v you_o have_v gold_n keep_v out_o of_o englâ—nd_n or_o be_v here_o will_v you_o have_v it_o useless_a to_o trade_n and_o must_v there_o be_v no_o money_n make_v of_o it_o i_o answer_v quite_o the_o contrary_n it_o be_v fit_a the_o kingdom_n shall_v make_v use_n of_o the_o treasure_n it_o have_v it_o be_v necessary_a your_o gold_n shall_v be_v coin_v and_o have_v the_o king_n stamp_v upon_o it_o to_o secure_a man_n in_o receive_v it_o that_o there_o be_v so_o much_o gold_n in_o each_o piece_n but_o it_o be_v not_o necessary_a that_o it_o shall_v have_v a_o fix_a value_n set_v on_o it_o by_o public_a authority_n it_o be_v not_o convenient_a that_o it_o shall_v in_o its_o vary_a proportion_n have_v a_o settle_a price_n let_v gold_n as_o other_o commodity_n find_v its_o own_o rate_n and_o when_o by_o the_o king_n image_n and_o inscription_n it_o carry_v with_o it_o a_o public_a assurance_n of_o its_o weight_n and_o fineness_n the_o gold_n money_n so_o coin_v will_v never_o fail_v to_o pass_v at_o the_o know_a market_n rate_n as_o ready_o as_o any_o other_o twenty_o 〈◊〉_d though_o design_v at_o first_o for_o 20_o l_o go_v now_o as_o current_n for_o 21_o l._n 10_o s._n as_o any_o other_o money_n and_o sometime_o for_o more_o as_o the_o rate_n vary_v the_o value_n or_o price_n of_o any_o thing_n be_v only_o the_o respective_a estimate_n it_o bear_v to_o some_o other_o which_o it_o come_v in_o competition_n with_o can_v only_o be_v know_v by_o the_o quantity_n of_o the_o one_o which_o will_v exchange_v for_o a_o certain_a quantity_n of_o the_o other_o there_o be_v no_o two_o thing_n in_o nature_n who_o proportion_n and_o use_n do_v not_o vary_v it_o be_v impossible_a to_o set_v a_o stand_v regular_a price_n between_o they_o the_o grow_a plenty_n or_o scarcity_n of_o either_o in_o the_o market_n whereby_o i_o mean_v the_o ordinary_a place_n where_o they_o be_v to_o be_v have_v in_o traffic_n the_o real_a use_n or_o change_v fashion_n of_o the_o place_n bring_v either_o of_o they_o more_o into_o demand_n than_o former_o present_o vary_v the_o respective_a value_n of_o any_o two_o thing_n you_o will_v as_o fruitless_o endeavour_v to_o keep_v
bring_v to_o the_o mint_n than_o any_o where_o else_o because_o there_o i_o have_v the_o convenience_n of_o have_v it_o make_v into_o money_n for_o nothing_o but_o this_o will_v no_o more_o keep_v it_o in_o england_n than_o if_o it_o be_v perfect_a bullion_n nor_o will_v it_o hinder_v it_o from_o be_v melt_v down_o because_o it_o cost_v no_o more_o in_o coin_n than_o in_o bullion_n and_o this_o equal_o whether_o your_o piece_n of_o the_o same_o denomination_n be_v light_a heavy_a or_o just_a as_o they_o be_v before_o this_o be_v explain_v it_o will_v be_v easy_a to_o see_v whether_o the_o other_o thing_n say_v in_o the_o same_o paragraph_n be_v true_a or_o false_a and_o particular_o whether_o it_o will_v be_v the_o interest_n of_o every_o exporter_n to_o buy_v plate_n to_o send_v out_o before_o money_n remark_n it_o be_v only_o bare_o assert_v that_o 〈◊〉_d silver_n be_v raise_v at_o the_o mint_n that_o it_o will_v â—â—ise_v elsewhere_o above_o it_o but_o can_v never_o be_v know_v till_o it_o be_v try_v answ._n the_o author_n tell_v we_o in_o the_o last_o paragraph_n that_o siâ—uâ—r_a thâ—t_n be_v worth_a but_o 5_o s._n 2_o d._n per_fw-la ounce_n at_o the_o 〈◊〉_d be_v wâ—â—th_o 5_o s._n 4_o d._n elsewhere_o this_o how_o true_a or_o what_o inconvenience_n it_o 〈…〉_z not_o here_o examine_v but_o be_v the_o inconvenience_n of_o it_o what_o it_o will_v this_o raise_v the_o money_n he_o propose_v as_o a_o remedy_n and_o to_o those_o who_o say_v upon_o raise_v our_o money_n silver_n will_v rise_v too_o he_o make_v this_o answer_n that_o it_o can_v never_o be_v know_v whether_o it_o will_v or_o no_o till_o it_o be_v try_v to_o which_o i_o reply_v that_o it_o may_v be_v know_v as_o certain_o without_o trial_n as_o it_o can_v that_o two_o piece_n of_o silver_n that_o weigh_v equal_o yesterday_o will_v weigh_v equal_o again_o to_o morrow_n in_o the_o same_o scale_n there_o be_v silver_n say_v our_o author_n whereof_o a_o ounce_n i._n e._n 480_o grain_n will_v change_v for_o 5_o s._n 4_o d._n i._n e._n 496_o grain_n of_o our_o standard_n silver_n coin_v to_o morrow_n you_o coin_v your_o money_n light_a so_o that_o then_o 5_o s._n 4_o d._n will_v have_v but_o 472_o grain_n of_o coin_a standard_n silver_n in_o it_o can_v it_o not_o then_o be_v know_v without_o trial_n whether_o that_o ounce_n of_o silver_n which_o to_o day_n will_v change_v for_o 496_o grain_n of_o standard_n silver_n coin_v will_v change_v to_o morrow_n but_o for_o 472_o grain_n of_o the_o same_o standard_n silver_n coin_v or_o can_v any_o one_o imagine_v that_o 480_o grain_n of_o the_o same_o silver_n which_o to_o day_n be_v worth_a 496_o grain_n of_o our_o coin_a silver_n will_v to_o morrow_n be_v worth_a but_o 472_o grain_n of_o the_o same_o silver_n a_o little_a different_o coin_v he_o that_o can_v have_v a_o doubt_v about_o this_o till_o it_o be_v try_v may_v as_o well_o demand_v a_o trial_n to_o be_v make_v to_o prove_v that_o the_o same_o thing_n be_v aequiponderent_fw-la or_o equivalent_a to_o itself_o for_o i_o think_v it_o be_v as_o clear_v that_o 472_o grain_n of_o silver_n be_v aequiponderent_fw-la to_o 496_o grain_n of_o silver_n as_o that_o a_o ounce_n of_o silver_n that_o be_v to_o day_n worth_a 496_o grain_n of_o standard_n silver_n shall_v to_o morrow_n be_v worth_a but_o 472_o gr._n of_o the_o same_o standard_n silver_n all_o circumstance_n remain_v the_o same_o but_o the_o different_a weight_n of_o the_o piece_n stamp_v which_o be_v that_o our_o author_n assert_n when_o he_o say_v that_o it_o be_v only_o bare_o assert_v etc._n etc._n what_o have_v be_v say_v to_o this_o may_v serve_v also_o for_o a_o answer_n to_o the_o next_o parapraph_n only_o i_o desire_v it_o may_v be_v take_v notice_n of_o that_o the_o author_n seem_v to_o insinuate_v that_o silver_n go_v not_o in_o england_n as_o in_o foreign_a part_n by_o weight_n which_o be_v a_o very_a dangerous_a as_o well_o as_o false_a position_n and_o which_o if_o allow_v may_v let_v into_o our_o mint_n what_o corruption_n and_o debase_v of_o our_o money_n one_o please_v remark_n that_o our_o trade_n have_v heretofore_o furnish_v we_o with_o a_o overplus_n bring_v home_o in_o gold_n and_o silver_n be_v true_a but_o that_o we_o bring_v home_o from_o any_o place_n more_o good_n than_o we_o now_o export_v to_o it_o i_o do_v not_o conceive_v to_o be_v so_o and_o more_o good_n may_v be_v send_v to_o those_o part_n but_o by_o reason_n of_o the_o great_a value_n of_o silver_n in_o this_o part_n of_o the_o world_n more_o money_n be_v to_o be_v get_v by_o export_v silver_n than_o by_o any_o other_o thing_n that_o can_v be_v send_v and_o that_o be_v the_o reason_n of_o it_o and_o for_o its_o be_v melt_v down_o and_o send_v out_o because_o it_o be_v so_o heavy_a be_v not_o by_o their_o paper_n deny_v answ._n that_o we_o bring_v home_o from_o any_o place_n more_o good_n than_o we_o now_o export_v the_o author_n tell_v we_o he_o do_v not_o conceive_v will_v he_o have_v tell_v we_o a_o reason_n for_o his_o conceit_n but_o since_o the_o money_n of_o any_o country_n be_v not_o present_o to_o be_v change_v upon_o any_o private_a man_n groundless_a conceit_n i_o suppose_v this_o argument_n will_v not_o be_v of_o much_o weight_n with_o many_o men._n i_o make_v bold_a to_o call_v it_o a_o groundless_a conceit_n for_o if_o the_o author_n please_v to_o remember_v the_o great_a sum_n of_o money_n be_v carry_v every_o year_n to_o the_o east-indies_n for_o which_o we_o bring_v home_o consumable_a commodity_n though_o i_o must_v own_o that_o it_o pay_v we_o again_o with_o advantage_n or_o if_o he_o will_v examine_v how_o much_o only_a two_o commodity_n whole_o consume_v here_o cost_v we_o yearly_o in_o money_n i_o mean_v canary_n wine_n and_o currant_n more_o than_o we_o pay_v for_o with_o good_n export_v to_o the_o canary_n and_o zant_n beside_o the_o overbalance_n of_o trade_n upon_o we_o in_o several_a other_o place_n he_o will_v have_v little_a reason_n to_o say_v he_o do_v not_o conceive_v we_o bring_v home_o from_o any_o place_n more_o good_n than_o we_o â—ow_o export_v to_o it_o as_o to_o what_o he_o say_v concern_v the_o melt_a down_o and_o export_v our_o money_n because_o it_o be_v heavy_a if_o by_o heavy_a he_o mean_v because_o our_o crown-piece_n and_o the_o rest_n of_o our_o species_n of_o money_n in_o proportion_n be_v 23_o or_o 24_o grain_n heavy_a than_o he_o will_v have_v they_o coin_v this_o whoever_o grant_v it_o i_o deny_v upon_o ground_n which_o i_o suppose_v when_o examine_v will_v be_v find_v clear_a and_o evident_a indeed_o when_o your_o debt_n beyond_o sea_n to_o answer_v the_o overbalance_n of_o foreign_a importation_n call_v for_o your_o money_n it_o be_v certain_a the_o heavy_a money_n that_o be_v that_o which_o have_v the_o standard_n weight_n will_v be_v melt_v down_o and_o carry_v away_o because_o foreigner_n value_v not_o your_o stamp_n but_o your_o silver_n he_o will_v do_v well_o to_o tell_v we_o what_o he_o mean_v by_o the_o great_a value_n of_o silver_n in_o this_o part_n of_o the_o world_n for_o he_o speak_v of_o it_o as_o a_o cause_n that_o draw_v away_o our_o money_n more_o now_o than_o former_o or_o else_o it_o may_v as_o well_o have_v be_v omit_v as_o mention_v in_o this_o place_n and_o if_o he_o mean_v by_o this_o part_n of_o the_o world_n england_n it_o be_v scarce_a sense_n to_o say_v that_o the_o great_a value_n of_o silver_n in_o england_n shall_v draw_v silver_n out_o of_o england_n if_o he_o mean_v the_o neighbour_a country_n to_o england_n he_o shall_v have_v say_v it_o and_o not_o doubtful_o this_o part_n of_o the_o world_n but_o let_v himâ—_n by_o this_o part_n of_o the_o world_n mean_v what_o he_o will_v i_o dare_v say_v every_o one_o will_v agree_v that_o silver_n be_v not_o more_o value_v in_o this_o than_o any_o other_o part_n of_o the_o world_n nor_o in_o this_o age_n more_o than_o in_o our_o grandfather_n day_n i_o be_o sorry_a if_o it_o be_v true_a what_o he_o tell_v we_o that_o more_o money_n be_v to_o be_v get_v by_o exportation_n of_o silver_n than_o by_o any_o other_o thing_n that_o can_v be_v send_v this_o be_v a_o evidence_n that_o we_o bring_v home_n more_o good_n than_o we_o export_v for_o till_o that_o happen_v and_o have_v bring_v we_o in_o debt_n beyond_o sea_n silver_n will_v not_o be_v export_v but_o the_o overplus_n of_o people_n gain_n be_v general_o lay_v up_o in_o silver_n it_o will_v be_v bring_v home_o in_o silver_n and_o so_o our_o people_n will_v value_v it_o as_o much_o as_o any_o other_o in_o this_o part_n of_o the_o world_n the_o truth_n of_o the_o case_n in_o short_a be_v this_o whenever_o we_o by_o a_o
shall_v be_v pay_v in_o the_o new_a it_o be_v not_o to_o be_v deny_v but_o that_o where_o any_o man_n have_v a_o rent-sec_a that_o can_v never_o be_v more_o this_o may_v somewhat_o affect_v it_o but_o so_o very_o little_a it_o will_v scarce_o ever_o at_o all_o be_v perceive_v ans._n as_o much_o as_o it_o will_v be_v gain_n to_o melt_v down_o their_o coin_n so_o much_o loss_n will_v it_o â—e_v to_o those_o who_o be_v pay_v in_o the_o new_a 〈◊〉_d 5_o per_fw-la centâ—_n â—_z which_o i_o suppose_v be_v more_o than_o the_o author_n will_v be_v willing_a to_o lose_v unless_o he_o get_v by_o it_o another_o way_n rem_fw-la and_o if_o the_o alteration_n design_v shall_v have_v the_o effect_n of_o make_v our_o native_a commodity_n any_o way_n dear_a ans._n here_o the_o author_n confess_v that_o proportionable_o as_o your_o money_n be_v raise_v the_o price_n of_o other_o thing_n will_v be_v raise_v too_o but_o to_o make_v amends_o he_o say_v rem_fw-la it_o do_v at_o the_o same_o time_n make_v the_o land_n which_o produce_v they_o of_o more_o than_o so_o much_o more_o in_o value_n ans._n this_o more_o than_o so_o much_o more_o in_o value_n be_v more_o than_o our_o author_n or_o any_o body_n else_o for_o he_o will_v ever_o be_v able_a to_o make_v out_o the_o price_n of_o thing_n will_v always_o be_v estimate_v by_o the_o quantity_n of_o silver_n be_v give_v in_o exchange_n for_o they_o and_o if_o you_o make_v your_o money_n less_o in_o weight_n it_o must_v be_v make_v up_o in_o tale._n this_o be_v all_o this_o great_a mystery_n of_o raise_v money_n and_o raise_v land_n for_o example_n the_o manor_n of_o blackacre_n will_v yesterday_o have_v yield_v 100000_o crown_n which_o let_v we_o suppose_v numero_fw-la reâ—undâ—_n to_o be_v ounce_n a_o piece_n of_o standard_n silver_n to_o day_n your_o new_a coin_n come_v in_o play_n which_o be_v 5_o per_fw-mi cent_z light_a there_o be_v your_o money_n raise_v the_o land_n now_o at_o sale_n yield_v 105000_o crown_n which_o be_v just_a the_o same_o 100000_o ounce_n of_o standard_n silver_n there_o be_v the_o land_n raise_v and_o be_v not_o this_o a_o admirable_a invention_n for_o which_o the_o public_a aught_o to_o be_v at_o charge_n for_o new_a coinage_n and_o all_o your_o commerce_n put_v in_o disorder_n and_o then_o to_o recommend_v this_o invention_n you_o be_v tell_v as_o a_o great_a secret_n that_o have_v not_o money_n from_o time_n to_o time_n be_v raise_v in_o its_o denomination_n land_n have_v not_o so_o rise_v too_o which_o be_v to_o say_v have_v not_o your_o money_n be_v make_v light_a few_o piece_n of_o it_o will_v have_v buy_v as_o much_o land_n as_o a_o great_a number_n do_v now_o rem_fw-la the_o loss_n of_o payment_n therespoken_v of_o will_n in_o no_o sort_n be_v so_o great_a as_o if_o the_o party_n to_o who_o these_o debt_n be_v owe_v be_v now_o bind_v to_o receive_v they_o in_o the_o money_n now_o pass_v and_o then_o to_o melt_v the_o same_o down_o so_o at_o this_o they_o will_v have_v no_o cause_n to_o complain_v ans._n a_o very_a good_a argument_n the_o clipper_n have_v robe_v the_o public_a of_o a_o good_a part_n of_o their_o money_n which_o man_n will_v some_o time_n or_o other_o find_v in_o the_o payment_n they_o receive_v and_o it_o be_v desire_v the_o mint_n may_v have_v a_o liberty_n to_o be_v beforehand_o in_o it_o they_o be_v tell_v they_o will_v have_v no_o reason_n to_o complain_v at_o it_o who_o suffer_v this_o loss_n because_o it_o be_v not_o so_o great_a as_o the_o other_o the_o damage_n be_v already_o do_v to_o the_o public_a by_o clip_v where_o at_o last_o it_o will_v light_v i_o can_v tell_v but_o man_n who_o receive_v clip_v money_n not_o be_v force_v to_o melt_v it_o down_o do_v not_o yet_o receive_v any_o loss_n by_o it_o when_o clip_v money_n will_v no_o long_o change_v for_o weighty_a than_o those_o who_o have_v clip_v money_n in_o their_o hand_n will_v find_v the_o loss_n of_o it_o rem_fw-la it_o will_v make_v the_o custom_n better_o pay_v because_o there_o will_v be_v more_o money_n ans._n that_o there_o will_v be_v more_o money_n in_o tale_n it_o be_v possible_a that_o there_o will_v be_v more_o money_n in_o weight_n and_o worth_n the_o author_n ought_v to_o show_v and_o then_o whatever_o become_v of_o the_o custom_n which_o i_o do_v not_o hear_v be_v unpaid_a now_o the_o king_n will_v lose_v in_o the_o excise_n above_o 30000_o l._n per_fw-la annum_fw-la for_o in_o all_o tax_n where_o so_o many_o pound_n shilling_n or_o penny_n be_v determine_v by_o the_o law_n to_o be_v pay_v there_o the_o king_n will_v lose_v 5_o per_fw-la cent._n the_o author_n here_o as_o in_o other_o place_n give_v a_o good_a reason_n for_o it_o for_o his_o majesty_n be_v to_o pay_v away_o this_o money_n by_o tale_n as_o he_o receive_v it_o it_o will_v be_v to_o he_o no_o loss_n at_o all_o as_o if_o my_o receive_v my_o rent_n in_o full_a tale_n but_o in_o money_n of_o undervalue_v 5_o per_fw-mi cent_z be_v not_o so_o much_o loss_n to_o i_o because_o i_o be_v to_o pay_v it_o away_o again_o by_o tale._n try_v it_o at_o 50_o per_fw-la cent._n the_o odds_o only_o be_v that_o one_o be_v great_a than_o the_o other_o will_v make_v more_o noise_n but_o our_o author_n be_v great_a refuge_n in_o this_o be_v that_o it_o will_v not_o be_v perceive_v remark_n if_o all_o foreign_a commodity_n be_v to_o be_v purchase_v with_o this_o new_a species_n of_o money_n send_v out_o we_o agree_v that_o with_o 100_o l._n of_o it_o there_o can_v not_o be_v so_o much_o silver_n or_o other_o commodity_n buy_v as_o with_o 100_o l._n in_o crown_n piece_n as_o now_o coin_v because_o they_o will_v be_v heavy_a and_o all_o coin_n in_o any_o kingdom_n but_o where_o it_o be_v coin_v only_o go_v by_o weight_n and_o for_o the_o same_o weight_n of_o silver_n the_o same_o every_o where_o still_o will_v be_v buy_v and_o so_o there_o will_v with_o the_o same_o quantity_n of_o good_n and_o if_o those_o good_n shall_v cost_v 5_o per_fw-mi cent_z more_fw-mi here_o in_o england_n than_o heretofore_o anâ—_n yield_v but_o the_o same_o money_n we_o mean_v by_o the_o ounce_n abroad_o the_o same_o money_n bring_v hoâ—â—â—nd_v coin_v will_v yield_v the_o importer_n 5_o per_fw-mi cent_z more_o at_o the_o mint_n than_o it_o heretofore_o can_v do_v and_o so_o no_o damage_n to_o the_o trader_n at_o all_o answ._n here_o truth_n force_n from_o the_o author_n a_o confession_n of_o two_o thing_n which_o demonstrate_v the_o vanity_n and_o uselessness_n of_o the_o project_n 1._o that_o upon_o this_o câ—ange_a of_o your_o coin_n foreign_a good_n will_v be_v raise_v 2._o your_o own_o good_n will_v 〈◊〉_d more_o 5_o per_fw-mi cent._n so_o that_o good_n of_o all_o kindâ—_n be_v thereupon_o raise_v wherein_o conâ—â—â—_n the_o raise_n of_o your_o money_n when_o a_o 〈◊〉_d of_o standard_n silver_n however_o 〈◊〉_d stamp_v or_o denominate_v will_v buy_v 〈◊〉_d more_o commodity_n than_o it_o do_v before_o this_o confession_n also_o show_v the_o falsehood_n of_o that_o dangerous_a supposition_n that_o money_n in_o the_o kingdom_n where_o it_o be_v coin_v go_v not_o by_o weight_n i._n e._n be_v not_o value_v by_o its_o weight_n rem_fw-la it_o be_v true_a the_o owner_n of_o silver_n will_v find_v a_o good_a market_n for_o it_o and_o no_o other_o will_n be_v damage_v but_o on_o the_o contrary_a the_o make_v plenty_n of_o money_n will_v be_v a_o advantage_n to_o all_o answ._n i_o grant_v it_o true_a that_o if_o your_o money_n be_v real_o raise_v 5_o per_fw-mi cent_z the_o owner_n of_o silver_n will_v get_v so_o much_o by_o it_o by_o bring_v it_o to_o the_o mint_n to_o be_v coin_v but_o since_o as_o be_v confess_v commodity_n will_v upon_o this_o raise_n your_o money_n be_v raise_v to_o 5_o per_fw-mi cent_z this_o alteration_n will_v be_v a_o advantage_n to_o no_o body_n but_o the_o officer_n of_o the_o mint_n rem_fw-la when_o standard_n silver_n be_v last_o raise_v at_o the_o mint_n which_o it_o be_v from_o 5_o s_z to_z 5_o s_z and_o 2_o d_o the_o ounce_n in_o the_o 43_o d_o of_o eliz._n and_o for_o above_o forty_o year_n after_o silver_n uncoined_a be_v not_o worth_a above_o 4_o s_z 10_o d_o the_o ounce_n which_o occasion_v much_o coin_n and_o of_o money_n none_o in_o those_o day_n be_v export_v whereas_o silver_n now_o be_v worth_a but_o the_o very_a same_o 5_o s_z and_o 2_o d_o the_o ounce_n still_o at_o the_o mint_n and_o be_v worth_a 5_o s_z 4_o d_o elsewhere_o so_o that_o if_o this_o bill_n now_o with_o the_o lord_n do_v not_o happen_v to_o pass_v there_o can_v never_o any_o silver_n be_v ever_o more_o coin_v at_o the_o mint_n and_o all_o the_o milled_a money_n will_v in_o a_o very_a little_a time_n more_o be_v destroy_v answ._n the_o reason_n of_o so_o much_o money_n coin_v in_o queen_n elizabeth_n time_n and_o afterward_o be_v not_o the_o lessen_v your_o crown_n piece_n from_o 480_o to_o 462_o gr_n and_o so_o proportionable_o all_o the_o rest_n of_o your_o money_n which_o be_v that_o the_o author_n call_v raise_v standard_n silver_n from_o 5_o s_z to_z 5_o s_z 2_o d_o the_o ounce_n but_o from_o the_o overbalance_n of_o your_o trade_n bring_v then_o in_o plenty_n of_o bullion_n and_o keep_v it_o here_o how_o standard_n silver_n for_o if_o the_o author_n speak_v of_o other_o silver_n it_o be_v a_o fallacy_n shall_v be_v worth_a it_o be_v own_o weight_n in_o standard_n silver_n at_o the_o mint_n i._n e._n 5_o s_z 2_o d_o the_o ounce_n and_o be_v worth_a more_o than_o its_o own_o weight_n in_o standard_n silver_n i._n e._n 5_o s_z 4_o d_o the_o ounce_n in_o lombardstreet_n be_v a_o paradox_n that_o no_o body_n i_o think_v will_v be_v able_a to_o comprehend_v till_o it_o be_v better_o explain_v it_o be_v time_n to_o give_v off_o coin_v if_o the_o value_n of_o standard_n silver_n be_v lessen_v by_o it_o as_o real_o it_o be_v if_o a_o ounce_n of_o coin_a standard_n silver_n will_v not_o exchange_v for_o a_o ounce_n of_o uncoined_a standard_n silver_n but_o a_o ounce_n of_o coin_a standard_n silver_n will_v not_o exchange_v for_o a_o ounce_n of_o uncoined_a standard_n silver_n unless_o you_o add_v 15_o or_o 16_o grain_n overplus_n to_o it_o which_o be_v what_o the_o author_n will_v have_v take_v upon_o his_o word_n when_o he_o say_v silver_n be_v worth_a five_o shilling_n four_o penny_n elsewhere_o five_o shilling_n four_o penny_n of_o money_n coin_v at_o the_o mint_n the_o author_n must_v allow_v to_o be_v at_o least_o 495_o grain_n a_o ounce_n be_v but_o 480_o grain_n how_o then_o a_o ounce_n of_o uncoined_a standard_n silver_n can_v be_v worth_a five_o shilling_n four_o penny_n i._n e._n how_o 480_o grain_n of_o uncoined_a standard_n silver_n can_v be_v worth_a 495_o grain_n of_o the_o same_o standard_n silver_n coin_v into_o money_n be_v unintelligible_a unless_o the_o coinage_n of_o our_o mint_n lessen_v the_o value_n of_o standard_n silver_n sir_n coin_n and_o interest_n be_v two_o thing_n of_o so_o great_a moment_n to_o the_o public_a and_o of_o so_o great_a concernment_n in_o trade_n that_o they_o ought_v very_o accurate_o to_o be_v examine_v into_o and_o very_o nice_o weigh_v upon_o any_o proposal_n of_o a_o alteration_n to_o be_v make_v in_o they_o i_o pretend_v not_o to_o have_v treat_v of_o they_o here_o as_o they_o deserve_v that_o must_v be_v the_o work_n of_o a_o able_a hand_n i_o have_v say_v something_o on_o thâ—se_a subject_n because_o you_o require_v it_o and_o i_o hope_v the_o readiness_n of_o my_o obedience_n will_v excuse_v to_o you_o the_o fault_n i_o have_v commit_v and_o assure_v you_o that_o i_o be_o sir_n your_o most_o humble_a servant_n finis_fw-la