fineness_n of_o the_o silver_n in_o the_o money_n silver_n can_v never_o be_v of_o a_o high_a price_n than_o the_o money_n for_o a_o equal_a quantity_n of_o silver_n will_v always_o be_v of_o the_o same_o value_n to_o a_o equal_a quantity_n of_o silver_n that_o if_o the_o value_n of_o the_o money_n be_v raise_v the_o value_n of_o all_o good_n will_v rise_v according_o for_o silver_n be_v the_o measure_n of_o commerce_n by_o its_o quantity_n and_o it_o be_v the_o quantity_n of_o silver_n that_o man_n contract_v for_o in_o sell_v their_o good_n if_o there_o be_v a_o less_o quantity_n of_o silver_n in_o a_o crown-piece_n it_o will_v buy_v a_o less_o quantity_n of_o good_n or_o if_o the_o crown_n be_v raise_v to_o six_o shilling_n those_o good_n that_o use_v to_o be_v sell_v for_o a_o crown_n will_v then_o cost_v six_o shilling_n that_o it_o will_v be_v the_o same_o in_o all_o foreign_a commodity_n and_o foreign_a exchange_n for_o the_o foreign_a exchange_n and_o par_n of_o money_n be_v only_o from_o a_o equal_a quantity_n of_o silver_n in_o the_o different_a coin_n of_o the_o several_a country_n if_o the_o money_n be_v make_v light_a there_o must_v then_o be_v a_o great_a number_n of_o piece_n to_o make_v the_o par_fw-fr or_o foreign_a exchange_n by_o foreign_a money_n equal_a or_o else_o the_o quantity_n of_o silver_n will_v not_o be_v equal_a to_o that_o in_o the_o foreign_a coin_n so_o that_o the_o foreign_a exchange_n and_o price_n of_o all_o foreign_a good_n will_v rise_v in_o proportion_n to_o what_o the_o value_n of_o the_o money_n be_v raise_v that_o which_o cost_v twenty_o pound_n before_o will_v cost_v five_o and_o twenty_o if_o the_o money_n be_v raise_v a_o five_o because_o there_o will_v be_v no_o great_a a_o quantity_n of_o silver_n in_o five_o and_o twenty_o pound_n than_o there_o be_v in_o twenty_o before_o the_o money_n be_v raise_v that_o the_o raise_v the_o value_n of_o the_o money_n will_v not_o prevent_v the_o carry_v it_o away_o because_o that_o depend_v upon_o the_o balance_n of_o trade_n for_o if_o there_o be_v more_o foreign_a good_n buy_v of_o any_o nation_n and_o import_v than_o there_o be_v of_o the_o native_a commodity_n export_v the_o balance_n must_v be_v pay_v in_o money_n which_o will_v always_o carry_v it_o out_o to_o pay_v the_o debt_n till_o the_o balance_n of_o that_o nation_n be_v alter_v which_o be_v by_o export_v more_o of_o the_o native_a commodity_n and_o import_v less_o of_o the_o foreign_a that_o there_o will_v be_v a_o great_a loss_n to_o all_o the_o creditor_n and_o landlord_n of_o england_n for_o they_o let_v their_o land_n by_o the_o same_o rule_n which_o be_v by_o the_o quantity_n of_o silver_n in_o the_o money_n if_o the_o money_n be_v make_v light_a by_o a_o five_o part_n they_o will_v lose_v a_o five_o part_n by_o their_o rent_n they_o will_v receive_v but_o eighty_o pound_n instead_o of_o a_o hundred_o because_o there_o will_v be_v no_o more_o silver_n in_o a_o hundred_o than_o there_o be_v before_o in_o eighty_o that_o there_o will_v be_v the_o same_o loss_n to_o the_o creditor_n when_o they_o be_v pay_v their_o bond_n debt_n and_o contract_n so_o that_o the_o raise_n of_o the_o money_n will_v put_v a_o very_a great_a loss_n and_o hardship_n upon_o landlord_n and_o creditor_n and_o bring_v no_o advantage_n to_o the_o nation_n the_o contrary_a proposition_n in_o answer_n to_o mr._n lock_v be_v these_o that_o there_o be_v no_o intrinsic_a value_n in_o silver_n or_o any_o fix_v or_o certain_a estimate_n that_o common_a consent_n have_v place_v on_o it_o but_o that_o it_o be_v a_o commodity_n and_o rise_v and_o fall_v as_o other_o commodity_n do_v that_o money_n be_v the_o instrument_n and_o measure_n of_o commerce_n and_o not_o silver_n that_o it_o be_v the_o instrument_n of_o commerce_n from_o the_o authority_n of_o that_o government_n where_o it_o be_v coin_v and_o that_o by_o the_o stamp_n and_o size_n of_o each_o piece_n the_o value_n be_v know_v that_o money_n differ_v from_o vncoined_a silver_n in_o this_o that_o the_o authority_n of_o the_o government_n give_v a_o fix_a and_o certain_a value_n to_o each_o piece_n of_o money_n which_o be_v general_o beyond_o the_o value_n of_o the_o silver_n in_o it_o that_o it_o be_v money_n that_o man_n give_v take_v and_o contract_n with_o for_o all_o other_o commodity_n and_o by_o which_o they_o estimate_v the_o value_n of_o all_o other_o thing_n have_v regard_n more_o to_o the_o stamp_n and_o currancy_n of_o the_o money_n than_o to_o the_o quantity_n of_o fine_a silver_n in_o each_o piece_n that_o raise_v the_o value_n of_o the_o money_n will_v not_o raise_v the_o foreign_a exchange_n nor_o foreign_a commodity_n that_o if_o by_o the_o balance_n of_o trade_n in_o a_o nation_n the_o money_n be_v carry_v away_o the_o only_a mean_n to_o prevent_v it_o be_v to_o raise_v the_o value_n of_o the_o money_n that_o it_o be_v the_o practice_n of_o all_o the_o government_n in_o europe_n to_o raise_v their_o money_n from_o time_n to_o time_n as_o the_o price_n of_o silver_n rise_v that_o the_o raise_n of_o the_o money_n will_v not_o raise_v the_o value_n of_o any_o commodity_n that_o if_o the_o money_n be_v raise_v a_o five_o the_o landlord_n will_v not_o lose_v any_o part_n of_o his_o rent_n nor_o the_o creditor_n any_o part_n of_o his_o debt_n or_o contract_n that_o if_o the_o money_n be_v not_o raise_v and_o keep_v above_o the_o price_n of_o silver_n it_o will_v be_v melt_v down_o and_o carry_v away_o that_o the_o consequence_n will_v be_v that_o for_o want_v of_o money_n commerce_n and_o trade_n will_v be_v at_o a_o stand_n the_o price_n of_o the_o native_a commodity_n and_o the_o rent_n of_o the_o land_n will_v fall_v and_o that_o it_o will_v cause_v a_o general_a clamour_n and_o poverty_n in_o the_o nation_n to_o prove_v the_o truth_n of_o these_o proposition_n it_o will_v be_v necessary_a to_o discourse_v in_o general_n of_o these_o several_a thing_n viz._n of_o riches_n and_o the_o value_n of_o thing_n of_o money_n and_o the_o par_fw-fr of_o the_o several_a coin_n of_o the_o balance_n of_o trade_n and_o foreign_a exchange_n of_o raise_v the_o value_n of_o money_n with_o the_o cause_n of_o it_o and_o the_o effect_n a_o discourse_n concern_v coin_v the_o new_a money_n light_a etc._n etc._n of_o riches_n and_o the_o value_n of_o thing_n all_o the_o argument_n in_o mr._n lock_n be_v book_n against_o the_o raise_n the_o value_n of_o money_n be_v draw_v from_o this_o single_a supposition_n that_o there_o be_v a_o intrinsic_a value_n in_o silver_n which_o be_v the_o price_n or_o estimate_n that_o common_a consent_n have_v place_v on_o it_o by_o which_o it_o come_v to_o be_v the_o measure_n of_o the_o value_n of_o all_o other_o thing_n which_o if_o that_o shall_v not_o be_v true_a than_o all_o his_o consequence_n must_v be_v mistake_v and_o to_o prove_v that_o he_o be_v so_o it_o will_v be_v necessary_a to_o discourse_v of_o riches_n in_o general_a and_o to_o show_v how_o the_o value_n of_o thing_n do_v arise_v by_o riches_n be_v mean_v all_o such_o thing_n as_o be_v of_o great_a value_n by_o value_v be_v to_o be_v understand_v the_o price_n of_o thing_n that_o be_v what_o any_o thing_n be_v worth_a to_o be_v sell_v according_a to_o the_o old_a maxim_n valet_fw-la quantum_fw-la vendi_fw-la potest_fw-la the_o value_n of_o all_o thing_n arise_v from_o their_o use._n thing_n of_o no_o use_n be_v of_o no_o value_n as_o the_o english_a phrase_n be_v they_o be_v good_a for_o nothing_o there_o be_v two_o general_n use_v by_o which_o all_o thing_n have_v a_o value_n they_o be_v either_o useful_a to_o supply_v the_o want_v of_o the_o body_n or_o the_o want_v of_o the_o mind_n thing_n that_o have_v a_o value_n from_o be_v necessary_a to_o supply_v the_o want_v of_o the_o body_n be_v all_o such_o thing_n as_o be_v useful_a to_o support_v life_n such_o as_o all_o sort_n of_o food_n and_o physic_n thing_n that_o have_v their_o value_n by_o be_v useful_a to_o supply_v the_o want_v of_o the_o mind_n be_v all_o such_o thing_n that_o satisfy_v desire_n desire_n imply_v want_n it_o be_v the_o appetite_n of_o the_o mind_n and_o as_o natural_a as_o hunger_n to_o the_o body_n such_o be_v all_o those_o thing_n that_o be_v any_o way_n useful_a to_o satisfy_v the_o mind_n by_o contribute_v to_o the_o ease_n pleasure_n or_o pomp_n of_o life_n by_o supply_v these_o two_o general_a want_n all_o sort_n of_o thing_n have_v a_o value_n but_o the_o great_a number_n of_o they_o have_v their_o value_n from_o supply_v the_o want_n of_o the_o mind_n and_o thing_n of_o the_o great_a value_n be_v use_v to_o set_v orth_o the_o pomp_n of_o life_n such_o as_o all_o sort_n of_o fine_a drapery_n gold_n
raise_v and_o keep_v up_o their_o money_n above_o the_o price_n of_o silver_n and_o gold_n for_o there_o will_v be_v the_o same_o quantity_n of_o silver_n and_o gold_n in_o the_o country_n though_o the_o money_n be_v light_a and_o the_o difference_n will_v be_v only_o that_o there_o will_v be_v more_o in_o every_o man_n house_n and_o less_o in_o his_o pocket_n and_o the_o money_n will_v have_v the_o same_o value_n though_o the_o impression_n be_v less_o because_o it_o have_v its_o value_n from_o the_o authority_n of_o the_o government_n just_o as_o if_o the_o ingrave_a shall_v cut_v the_o impression_n of_o the_o great_a seal_n less_o it_o will_v not_o alter_v the_o authority_n of_o the_o seal_n this_o may_v be_v sufficient_a to_o prove_v that_o the_o ordinary_a cause_n of_o raise_v the_o value_n of_o the_o money_n be_v from_o the_o rise_v of_o bullion_n which_o will_v always_o continue_v in_o europe_n as_o long_o as_o the_o inhabitant_n grow_v rich_a by_o trade_n the_o extraordinary_a cause_n of_o raise_v the_o value_n of_o money_n have_v be_v the_o extraordinary_a occasion_n for_o it_o when_o prince_n and_o state_n have_v be_v engage_v in_o great_a war_n and_o want_v money_n they_o have_v sometime_o raise_v the_o value_n of_o it_o to_o increase_v it_o and_o make_v it_o last_o long_o in_o such_o case_n they_o have_v not_o observe_v the_o usual_a bound_n and_o limit_n of_o raise_v the_o value_n of_o money_n ten_o or_o fifteen_o per_fw-la cent_n above_o the_o market_n price_n of_o bullion_n but_o have_v great_o exceed_v it_o to_o thirty_o forty_o fifty_o per_fw-la cent_n and_o more_o but_o then_o in_o all_o such_o case_n as_o soon_o as_o those_o extraordinary_a occasion_n be_v over_o they_o have_v call_v in_o such_o money_n as_o have_v be_v so_o great_o raise_v and_o reduce_v the_o value_n of_o it_o to_o its_o usual_a bound_n in_o the_o first_o punic_a war_n the_o roman_n want_v money_n raise_v the_o value_n of_o the_o as_o which_o be_v their_o brass_n coin_n to_o six_o time_n more_o in_o vâ—lue_n than_o it_o be_v coin_v at_o it_o weigh_v at_o first_o twelve_o ounce_n and_o afterward_o but_o two_o and_o again_o want_v money_n hannibal_n press_v hard_o upon_o the_o city_n they_o increase_v their_o money_n by_o coin_v the_o as_o to_o a_o ounce_n and_o the_o three_o time_n papirius_n raise_v the_o money_n to_o double_v its_o value_n by_o coin_v it_o at_o half_a a_o ounce_n they_o also_o raise_v their_o denarius_fw-la which_o be_v their_o silver_n money_n in_o proportion_n by_o which_o they_o carry_v on_o the_o war_n against_o the_o carthagenian_o and_o supply_v themselves_o under_o great_a necessity_n and_o want_v of_o money_n livius_n dâ—usus_n also_o great_o raise_v the_o value_n of_o the_o silver_n money_n by_o put_v in_o a_o great_a alloy_n but_o these_o excessive_a rise_v be_v afterward_o regulate_v and_o reduce_v by_o marius_n gratidianus_n in_o the_o war_n betwixt_o england_n and_o france_n harry_n the_o five_o have_v conquer_v great_a part_n of_o france_n charles_n the_o seven_o raise_v the_o value_n of_o the_o french_a money_n in_o six_o year_n time_n from_o eight_o livre_n nine_o sol_n the_o mark_n by_o degree_n to_o three_o hundred_o and_o sixty_o livre_n the_o mark_n which_o be_v raise_v in_o that_o time_n above_o forty_o time_n the_o value_n and_o as_o those_o that_o write_v of_o the_o mint_n of_o france_n observe_v it_o be_v the_o chief_a mean_n by_o which_o he_o expel_v the_o english_a out_o of_o france_n but_o as_o soon_o as_o ever_o the_o war_n be_v over_o he_o reduce_v the_o money_n to_o seven_o livre_n ten_o sol_n which_o be_v within_o the_o usual_a limit_n of_o raise_v the_o money_n at_o the_o same_o time_n harry_n the_o five_o raise_v the_o money_n of_o england_n from_o twenty_o five_o shilling_n in_o a_o pound_n weight_n to_o thirty_o and_o harry_n the_o six_o his_o son_n the_o next_o year_n raise_v it_o to_o thirty_o seven_o and_o sixpence_n so_o that_o it_o be_v raise_v a_o three_o part_n more_o in_o value_n in_o two_o year_n time_n than_o it_o have_v be_v ever_o since_o the_o twenty_o seven_o of_o edward_n the_o three_o and_o in_o the_o four_o year_n of_o harry_n the_o six_o after_z charles_n the_o seven_o have_v reduce_v his_o money_n he_o lower_v the_o english_a money_n again_o to_o 30_o s._n when_o harry_n the_o eight_o alter_v the_o standard_n of_o england_n and_o extraordinary_o raise_v the_o value_n of_o the_o money_n by_o put_v in_o a_o great_a alloy_n which_o alteration_n at_o first_o be_v by_o put_v in_o but_o two_o ounce_n allay_v to_o ten_o ounce_n of_o fine_a silver_n afterward_o six_o ounce_n and_o at_o last_o eight_o ounce_n allay_v to_o four_o ounce_n of_o fine_a silver_n by_o which_o in_o three_o year_n time_n he_o raise_v the_o value_n of_o the_o money_n above_o three_o time_n high_o than_o it_o be_v before_o but_o it_o be_v when_o he_o have_v spend_v his_o money_n in_o the_o war_n of_o bullen_n and_o the_o nation_n be_v never_o at_o peace_n and_o quiet_a in_o their_o commerce_n and_o traffic_n till_o the_o value_n of_o the_o money_n be_v reduce_v within_o its_o bound_n which_o be_v begin_v by_o edward_n the_o six_o and_o finish_v by_o q._n elizabeth_n these_o be_v the_o extraordinary_a cause_n of_o raise_v the_o value_n of_o money_n to_o supply_v extraordinary_a necessity_n which_o have_v no_o soon_o be_v over_o but_o the_o value_n of_o the_o money_n have_v be_v reduce_v within_o its_o usual_a limit_n for_o if_o the_o rise_n have_v be_v continue_v the_o mischief_n will_v have_v be_v great_a than_o the_o advantage_n they_o receive_v by_o raise_v it_o so_o high_a and_o there_o can_v be_v no_o rule_n or_o measure_v take_v of_o the_o value_n that_o the_o money_n may_v be_v raise_v to_o from_o such_o precedent_n but_o only_o from_o the_o ill_a effect_n in_o continue_v it_o the_o effect_n of_o raise_v the_o value_n of_o the_o money_n be_v that_o it_o increase_v the_o species_n of_o the_o money_n and_o preserve_v it_o in_o the_o country_n where_o it_o be_v coin_v if_o the_o english_a crown_n be_v raise_v to_o six_o shilling_n or_o coin_v in_o such_o a_o proportion_n light_a there_o will_v be_v a_o six_o part_v more_o money_n in_o england_n than_o if_o it_o be_v coin_v to_o the_o old_a standard_n and_o if_o the_o money_n be_v raise_v above_o the_o price_n of_o bullion_n it_o will_v not_o be_v the_o interest_n of_o goldsmith_n and_o merchant_n to_o melt_v it_o down_o from_o both_o which_o effect_n a_o nation_n receive_v great_a advantage_n mr._n lock_n be_v of_o a_o contrary_a opinion_n and_o think_v that_o the_o raise_v of_o the_o money_n will_v produce_v two_o great_a mischief_n viz._n that_o the_o raise_v the_o value_n of_o the_o money_n will_v raise_v the_o value_n of_o all_o commodity_n that_o the_o landlord_n and_o creditor_n will_v lose_v just_a so_o much_o in_o their_o rent_n bond_n debt_n and_o contract_n as_o the_o money_n be_v raise_v these_o be_v the_o two_o great_a objection_n that_o be_v common_o use_v in_o all_o debate_n about_o raise_v the_o value_n of_o the_o money_n and_o be_v ground_v upon_o this_o supposition_n that_o the_o value_n of_o the_o money_n be_v sole_o from_o the_o quantity_n of_o silver_n in_o each_o piece_n and_o that_o it_o be_v the_o quantity_n of_o silver_n that_o in_o buy_v and_o sell_v man_n give_v take_v and_o contract_n for_o so_o that_o if_o there_o be_v less_o silver_n in_o the_o money_n man_n will_v have_v less_o good_n for_o it_o and_o just_o so_o much_o as_o the_o money_n be_v raise_v in_o value_n the_o good_n will_v rise_v and_o the_o same_o consequence_n will_v be_v if_o the_o landlord_n do_v let_v their_o land_n according_a to_o the_o quantity_n of_o silver_n in_o the_o money_n they_o will_v lose_v just_a so_o much_o rend_v if_o the_o money_n be_v raise_v as_o it_o have_v less_o silver_n in_o it_o and_o so_o will_v the_o creditor_n in_o their_o bond_n debt_n and_o contract_n but_o if_o it_o appear_v by_o what_o have_v be_v say_v on_o this_o subject_a and_o that_o mr._n lock_n be_v mistake_v in_o his_o supposition_n that_o the_o money_n have_v its_o value_n from_o the_o authority_n of_o that_o government_n where_o it_o be_v coin_v by_o which_o it_o be_v make_v current_n and_o lawful_a money_n and_o that_o it_o be_v the_o current_n and_o lawful_a money_n of_o england_n that_o man_n contract_n and_o sell_v their_o good_n for_o and_o in_o their_o bond_n and_o lease_n covenant_n to_o pay_v then_o there_o will_v be_v no_o such_o ill_a effect_n from_o raise_v of_o the_o old_a money_n and_o coin_v the_o new_a light_a and_o if_o it_o be_v true_a that_o the_o plenty_n or_o scarcity_n of_o all_o commodity_n in_o respect_n to_o their_o occasion_n make_v they_o cheaper_o or_o dear_a and_o that_o
the_o plenty_n of_o one_o commodity_n do_v not_o make_v another_o commodity_n dear_a or_o cheap_a that_o be_v not_o for_o the_o same_o use_n then_o the_o plenty_n of_o gold_n and_o silver_n or_o a_o great_a or_o lesser_a quantity_n of_o it_o in_o the_o money_n will_v no_o more_o alter_v the_o price_n of_o good_n than_o the_o plenty_n of_o lead_n or_o iron_n can_v alter_v the_o price_n of_o butter_n or_o cheese_n which_o be_v not_o to_o supply_v the_o same_o occasion_n and_o mr._n lock_v in_o page_n 52_o seem_v to_o be_v of_o this_o opinion_n and_o answer_v himself_o though_o he_o conclude_v quite_o otherwise_o he_o say_v corn_n it_o be_v evident_a do_v not_o rise_v or_o fall_v by_o the_o difference_n of_o more_o or_o less_o plenty_n of_o money_n but_o by_o the_o plenty_n and_o scarcity_n that_o god_n give_v for_o our_o money_n in_o appearance_n remain_v the_o same_o the_o price_n of_o corn_n be_v double_a one_o year_n to_o what_o it_o be_v the_o precedent_n but_o from_o thence_o infer_v we_o must_v certain_o make_v account_n that_o if_o the_o money_n be_v make_v a_o five_o light_a it_o will_v buy_v one_o five_o less_o corn_n communibus_fw-la annis_n i_o must_v confess_v i_o can_v understand_v this_o consequence_n when_o in_o the_o beginning_n he_o say_v corn_n do_v not_o rise_v and_o fall_v from_o the_o difference_n of_o the_o money_n for_o if_o the_o lightness_n or_o heaviness_n of_o the_o money_n have_v any_o influence_n over_o the_o price_n of_o commodity_n than_o all_o sort_n of_o commodity_n ought_v to_o be_v cheap_a when_o the_o money_n be_v heavy_a and_o dear_a when_o the_o money_n be_v light_a and_o the_o price_n of_o thing_n can_v never_o alter_v but_o when_o the_o money_n alter_v for_o the_o cause_n be_v the_o same_o the_o effect_n ought_v to_o be_v the_o same_o whereas_o it_o be_v plain_a some_o good_n never_o alter_v their_o price_n as_o the_o beer_n and_o ale_n that_o be_v sell_v the_o brewer_n run_v the_o risque_n of_o the_o dearness_n of_o the_o coal_n hop_n and_o malt_n when_o those_o good_n be_v dear_a he_o gain_v less_o by_o brew_v but_o always_o sell_v his_o beer_n and_o ale_n at_o one_o price_n let_v the_o money_n be_v what_o it_o will_v other_o good_n such_o as_o all_o sort_n of_o grain_n coal_n and_o other_o commodity_n alter_v their_o price_n almost_o every_o month_n and_o the_o coal_n be_v sometime_o but_o half_o the_o value_n to_o what_o they_o be_v the_o month_n before_o so_o that_o if_o these_o different_a alteration_n in_o price_n arise_v from_o the_o value_n of_o the_o money_n it_o will_v follow_v that_o both_o the_o good_a and_o bad_a money_n make_v thing_n dear_a as_o well_o as_o cheap_a and_o the_o same_o cause_n at_o the_o same_o time_n to_o have_v two_o contrary_a effect_n which_o can_v be_v but_o to_o conclude_v with_o answer_v this_o objection_n if_o the_o argument_n that_o have_v be_v already_o use_v to_o show_v that_o money_n have_v not_o its_o value_n from_o the_o quantity_n of_o silver_n in_o each_o piece_n do_v not_o satisfy_v i_o will_v advise_v such_o gentleman_n always_o to_o receive_v their_o money_n by_o weight_n and_o try_v if_o they_o can_v introduce_v such_o a_o custom_n for_o they_o can_v never_o have_v their_o money_n equal_a by_o tale_n for_o if_o any_o man_n receive_v and_o hundred_o pound_n and_o divide_v it_o into_o five_o twenty_n there_o will_v be_v the_o difference_n unless_o it_o be_v all_o new_a money_n of_o five_o or_o ten_o shilling_n in_o the_o weight_n of_o some_o of_o the_o twenty_o pound_n though_o by_o the_o tale_n they_o be_v even_o as_o to_o the_o objection_n that_o mr._n lock_n make_v from_o a_o simile_n when_o he_o say_v that_o money_n be_v the_o measure_n of_o commerce_n and_o traffic_n so_o that_o if_o the_o money_n be_v make_v light_a it_o will_v be_v the_o same_o thing_n as_o if_o the_o government_n shall_v cut_v their_o yard_n short_a the_o cloth_n that_o be_v measure_v by_o such_o a_o yard_n will_v be_v so_o much_o less_o and_o so_o will_v the_o quantity_n of_o the_o good_n be_v that_o be_v buy_v with_o the_o money_n that_o be_v make_v light_a it_o be_v ground_v upon_o the_o same_o supposition_n and_o will_v be_v true_a if_o money_n be_v the_o measure_n of_o commerce_n by_o the_o quantity_n of_o silver_n in_o each_o piece_n but_o if_o it_o be_v the_o measure_n of_o commerce_n from_o the_o authority_n of_o the_o government_n if_o the_o authority_n be_v the_o same_o the_o measure_n will_v no_o more_o be_v alter_v by_o make_v the_o money_n light_a than_o if_o the_o yard_n be_v split_v in_o two_o so_o that_o the_o length_n be_v not_o alter_v it_o will_v then_o make_v two_o yard_n and_o measure_n as_o much_o cloth_n as_o if_o it_o have_v not_o be_v split_v though_o there_o be_v but_o half_a the_o quantity_n of_o wood_n in_o each_o yard_n as_o to_o the_o other_o objection_n of_o the_o landlord_n and_o creditor_n that_o if_o the_o money_n shall_v be_v make_v light_a they_o will_v lose_v so_o much_o in_o their_o rent_n debt_n and_o contract_n the_o answer_n be_v that_o the_o money_n have_v its_o value_n from_o the_o authority_n of_o the_o government_n be_v always_o of_o the_o same_o goodness_n and_o value_n and_o that_o the_o money_n if_o it_o be_v make_v light_a will_v be_v as_o good_a to_o all_o purpose_n as_o money_n as_o it_o be_v in_o the_o reign_n of_o harry_n the_o six_o when_o it_o have_v double_a the_o weight_n of_o silver_n in_o it_o which_o will_v be_v no_o advantage_n but_o to_o those_o that_o melt_v it_o and_o therefore_o they_o can_v lose_v in_o their_o rent_n debt_n etc._n etc._n if_o the_o money_n be_v always_o of_o the_o same_o value_n and_o if_o they_o be_v not_o satisfy_v with_o the_o argument_n that_o have_v be_v use_v to_o prove_v that_o money_n have_v its_o value_n from_o the_o authority_n of_o the_o government_n that_o such_o person_n may_v not_o be_v loser_n in_o their_o imagination_n if_o the_o parliament_n shall_v think_v fit_a to_o alter_v the_o standard_n and_o raise_v the_o crown_n to_o six_o shilling_n they_o shall_v have_v my_o vote_n for_o a_o proviso_n in_o the_o act_n that_o all_o such_o person_n that_o have_v let_v their_o land_n or_o lend_v money_n upon_o mortgage_n bond_n or_o contract_n within_o these_o last_o one_o or_o two_o and_o twenty_o year_n which_o be_v as_o long_o as_o lease_n be_v let_v and_o long_o than_o mortgage_n or_o bond_n general_o continue_v shall_v have_v the_o same_o weight_n of_o money_n pay_v they_o out_o of_o the_o exchequer_n as_o the_o money_n weigh_v when_o they_o let_v such_o land_n or_o lend_v it_o upon_o bond_n mortgage_n or_o contract_n and_o because_o such_o gentleman_n perhaps_o may_v not_o keep_v a_o account_n of_o what_o their_o money_n weigh_v then_o let_v the_o account_n be_v take_v from_o the_o teller_n book_n in_o the_o exchequer_n it_o be_v their_o custom_n to_o weigh_v every_o hundred_o pound_n after_o it_o be_v tell_v and_o enter_v the_o weight_n in_o their_o book_n and_o put_v a_o ticket_n of_o the_o weight_n to_o the_o bag_n to_o save_v they_o the_o trouble_n of_o tell_v the_o money_n twice_o by_o this_o proposal_n such_o gentleman_n will_v have_v no_o reason_n to_o complain_v for_o according_a to_o their_o own_o opinion_n if_o they_o have_v the_o same_o weight_n of_o silver_n they_o can_v be_v loser_n and_o yet_o i_o believe_v the_o government_n will_v be_v a_o gainer_n by_o the_o proposition_n though_o the_o money_n be_v coin_v a_o six_o part_n light_a than_o according_a to_o the_o present_a standard_n for_o if_o those_o book_n be_v examine_v perhaps_o it_o will_v be_v find_v that_o a_o hundred_o pound_n have_v not_o weigh_v one_o bag_n with_o another_o seven_o and_o twenty_o pound_n for_o these_o last_o one_o or_o two_o and_o twenty_o year_n whereas_o it_o ought_v to_o weigh_v according_a to_o the_o standard_n thirty_o two_o pound_n three_o ounce_n by_o such_o a_o proviso_n these_o gentleman_n be_v save_v they_o may_v thereupon_o consent_v to_o the_o raise_n of_o the_o money_n to_o prevent_v those_o great_a inconvenience_n which_o in_o my_o opinion_n will_v certain_o follow_v if_o the_o money_n be_v not_o raise_v there_o be_v another_o objection_n which_o some_o gentleman_n use_v against_o raise_v the_o value_n of_o the_o money_n that_o it_o will_v be_v a_o discredit_v to_o the_o nation_n to_o make_v their_o money_n light_a and_o in_o their_o argument_n contend_v much_o for_o the_o honour_n of_o the_o standard_n of_o england_n and_o think_v it_o be_v their_o duty_n to_o defend_v it_o and_o that_o his_o majesty_n money_n ought_v to_o be_v of_o as_o great_a weight_n and_o value_n as_o his_o predecessor_n be_v of_o the_o opinion_n that_o the_o money_n have_v its_o sole_a value_n from_o the_o quantity_n of_o
the_o rest_n of_o the_o small_a silver_n money_n of_o other_o country_n it_o will_v be_v find_v almost_o impossible_a for_o the_o merchant_n or_o any_o one_o else_o to_o keep_v a_o account_n of_o the_o quantity_n of_o silver_n in_o each_o piece_n of_o coin_n this_o difference_n in_o the_o standard_n of_o the_o several_a mint_n and_o in_o the_o unequal_a division_n of_o their_o money_n show_v plain_o that_o there_o be_v no_o common_a agreement_n about_o the_o quantity_n of_o silver_n in_o their_o coin_n and_o that_o mr._n lock_n be_v mistake_v if_o this_o be_v his_o meaning_n of_o the_o intrinsic_a value_n of_o silver_n by_o the_o estimate_n which_o common_a consent_n have_v place_v on_o it_o by_o the_o quantity_n of_o silver_n in_o their_o coin_n if_o the_o measure_n of_o commerce_n and_o traffic_n be_v by_o the_o quantity_n of_o silver_n in_o the_o coin_n the_o government_n will_v certain_o have_v agree_v to_o have_v make_v their_o money_n of_o fine_a silver_n without_o any_o alloy_n and_o to_o have_v divide_v it_o into_o piece_n of_o equal_a weight_n or_o if_o it_o have_v be_v necessary_a to_o have_v put_v in_o some_o alloy_n that_o the_o money_n may_v bear_v the_o impression_n the_o better_a which_o be_v the_o reason_n that_o mr._n lock_n give_v for_o do_v it_o all_o the_o mint_n by_o this_o time_n will_v have_v certain_o find_v out_o and_o agree_v in_o that_o proportion_n which_o be_v most_o convenient_a for_o that_o purpose_n or_o at_o least_o the_o great_a number_n of_o they_o and_o therefore_o i_o can_v agree_v to_o his_o reason_n for_o put_v in_o a_o alloy_n and_o the_o rather_o because_o i_o have_v see_v some_o medal_n make_v of_o fine_a silver_n that_o have_v bear_v the_o impression_n very_o well_o and_o look_v more_o beautiful_a than_o the_o stamp_n of_o any_o new-coined_a money_n and_o ancient_o in_o england_n from_o osbright_n the_o saxon_a king_n to_z edward_z iii_o the_o money_n be_v without_o any_o alloy_n and_o the_o coin_n of_o the_o great_a mogul_n be_v now_o make_v of_o all_o fine_a silver_n and_o bear_v the_o stamp_n very_o well_o beside_o it_o seem_v to_o be_v the_o only_a reason_n for_o make_v the_o money_n of_o such_o different_a allay_v that_o the_o quantity_n of_o silver_n in_o each_o piece_n and_o the_o mystery_n of_o the_o mint_n may_v not_o be_v easy_o discover_v and_o the_o money_n not_o be_v value_v after_o the_o price_n of_o bullion_n and_o thereby_o prevent_v the_o merchant_n and_o those_o that_o deal_v in_o bullion_n from_o buy_v and_o sell_v the_o coin_n and_o melt_v it_o down_o upon_o a_o sudden_a rise_n of_o bullion_n and_o this_o may_v reasonable_o be_v think_v a_o way_n to_o prevent_v it_o because_o the_o knowledge_n of_o the_o different_a allay_v and_o fineness_n of_o gold_n and_o silver_n be_v a_o mystery_n that_o belong_v only_o to_o a_o small_a number_n of_o man_n that_o deal_v in_o it_o who_o be_v either_o monier_n that_o belong_v to_o mint_n or_o goldsmith_n that_o serve_v a_o apprenticeship_n to_o acquire_v skill_n in_o it_o and_o yet_o perhaps_o not_o all_o of_o those_o acquaint_v with_o the_o chemical_a part_n of_o the_o mystery_n the_o knowledge_n of_o refine_n and_o essay_v of_o silver_n and_o gold_n but_o content_v themselves_o to_o judge_v of_o the_o difference_n of_o the_o fineness_n of_o the_o several_a coin_n by_o the_o touchstone_n and_o colour_n of_o the_o metal_n and_o it_o will_v yet_o more_o plain_o appear_v that_o man_n do_v not_o buy_v and_o sell_v by_o the_o quantity_n of_o silver_n in_o the_o coin_n if_o it_o be_v consider_v that_o the_o merchant_n and_o trader_n buy_v and_o sell_v all_o their_o commodity_n by_o weight_n or_o measure_n and_o often_o make_v their_o contract_n by_o the_o price_n of_o what_o one_o yard_n or_o one_o pound_n will_v amount_v to_o which_o price_n be_v general_o for_o a_o odd_a sum_n of_o money_n as_o two-pence-farthing_n three-pence-farthing_n halfpenny_n three_o farthing_n etc._n etc._n and_o that_o the_o loss_n of_o a_o farthing_n in_o the_o pound_n or_o yard_n by_o the_o par_fw-fr of_o the_o money_n if_o they_o be_v to_o buy_v or_o sell_v by_o the_o quantity_n of_o silver_n will_v make_v a_o great_a alteration_n in_o the_o profit_n of_o the_o bargain_n in_o a_o great_a sum_n and_o much_o great_a in_o the_o make_n of_o many_o bargain_n and_o a_o continue_a trade_n since_o it_o appear_v that_o there_o be_v no_o money_n without_o fraction_n in_o the_o grain_n of_o silver_n beside_o it_o be_v no_o advantage_n to_o a_o merchant_n to_o make_v a_o computation_n of_o the_o quantity_n of_o silver_n in_o the_o several_a foreign_a coin_n for_o he_o always_o make_v up_o the_o account_n of_o the_o profit_n or_o loss_n by_o the_o money_n of_o the_o country_n where_o he_o live_v and_o there_o can_v be_v no_o account_n make_v up_o till_o the_o effect_n of_o his_o commodity_n which_o he_o send_v out_o be_v return_v and_o if_o his_o good_n be_v sell_v by_o money_n not_o of_o the_o same_o par_fw-fr to_o the_o coin_n of_o his_o own_o country_n yet_o if_o such_o money_n buy_v the_o same_o quantity_n of_o good_n as_o the_o coin_n of_o his_o own_o country_n will_v do_v it_o will_v be_v the_o same_o thing_n to_o he_o as_o if_o the_o money_n be_v par_n and_o that_o there_o be_v a_o equal_a quantity_n of_o silver_n in_o the_o money_n that_o buy_v those_o good_n for_o instance_n if_o a_o english_a merchant_n send_v into_o portugal_n so_o many_o serge_n or_o other_o commodity_n as_o cost_v he_o here_o a_o hundred_o pound_n and_o they_o shall_v be_v sell_v for_o the_o reas_n which_o be_v the_o copper_n money_n of_o that_o country_n or_o other_o coin_n of_o unequal_a par_n and_o with_o that_o money_n portugal_n wine_n be_v buy_v and_o send_v over_o into_o england_n the_o merchant_n make_v up_o the_o account_n when_o the_o wine_n be_v sell_v and_o if_o they_o produce_v he_o a_o hundred_o and_o twenty_o pound_n clear_a of_o all_o charge_n he_o get_v twenty_o pound_n by_o the_o return_n and_o it_o be_v to_o no_o purpose_n for_o he_o to_o take_v a_o account_n of_o the_o difference_n of_o the_o par_fw-fr betwixt_o the_o portugal_n and_o english_a coin_n or_o whether_o his_o good_n be_v sell_v for_o copper_n or_o silver_n money_n if_o the_o par_n of_o money_n be_v to_o be_v reckon_v by_o the_o quantity_n of_o silver_n in_o each_o piece_n and_o that_o man_n make_v their_o bargain_n only_o for_o the_o quantity_n of_o silver_n to_o what_o purpose_n be_v there_o any_o copper_n money_n coin_v which_o reckon_v one_o country_n with_o another_o be_v a_o three_o part_n of_o all_o the_o money_n in_o europe_n it_o be_v true_a mr._n lock_n will_v not_o allow_v any_o other_o but_o silver_n money_n to_o be_v the_o measure_n of_o commerce_n and_o traffic_n and_o refuse_v gold_n and_o all_o other_o metal_n because_o he_o allow_v they_o to_o be_v commodity_n which_o rise_v and_o fall_v in_o their_o value_n and_o therefore_o not_o fit_a to_o make_v money_n of_o this_o be_v ground_v upon_o the_o supposition_n that_o there_o be_v a_o intrinsic_a value_n in_o silver_n and_o therefore_o do_v not_o alter_v its_o price_n as_o to_o the_o intrinsic_a i_o have_v already_o answer_v and_o as_o to_o that_o whether_o gold_n and_o copper_n be_v not_o as_o fit_v to_o make_v money_n of_o as_o silver_n i_o will_v leave_v it_o to_o those_o that_o continual_o take_v they_o in_o payment_n to_o give_v a_o reason_n why_o they_o take_v such_o money_n if_o they_o do_v not_o think_v the_o value_n of_o they_o to_o be_v as_o good_a as_o the_o silver_n money_n money_n at_o all_o time_n and_o in_o all_o place_n have_v be_v make_v of_o copper_n and_o gold_n and_o if_o they_o shall_v not_o be_v allow_v as_o money_n there_o will_v not_o be_v enough_o leave_v to_o carry_v on_o commerce_n and_o traffic_n it_o be_v the_o public_a authority_n upon_o the_o metal_n that_o make_v it_o money_n and_o without_o such_o authority_n silver_n will_v no_o more_o pass_v for_o money_n than_o gold_n there_o can_v be_v a_o plain_a demonstration_n of_o this_o than_o by_o what_o appear_v since_o the_o parliament_n have_v be_v debate_v about_o new_a coin_n of_o the_o money_n and_o settle_v the_o value_n of_o the_o guineas_n for_o before_o their_o meeting_n the_o clip_v money_n pass_v currant_n as_o if_o it_o be_v unclipt_a but_o their_o consideration_n about_o call_v of_o it_o in_o present_o put_v a_o stop_n to_o the_o currancy_n of_o it_o because_o by_o their_o debate_n the_o value_n of_o it_o be_v make_v uncertain_a and_o no_o man_n know_v where_o the_o loss_n will_v fall_v and_o the_o same_o may_v be_v observe_v from_o their_o debate_n about_o settle_v the_o price_n of_o guineas_n for_o guineas_n before_o their_o meeting_n go_v currant_n at_o thirty_o shilling_n but_o upon_o the_o
house_n of_o commons_o vote_v that_o they_o shall_v not_o exceed_v eight_o and_o twenty_o every_o man_n present_o refuse_v to_o take_v they_o for_o more_o and_o upon_o another_o resolution_n that_o they_o shall_v not_o exceed_v six_o and_o twenty_o and_o not_o declare_v at_o what_o price_n they_o shall_v be_v currant_n no_o man_n since_o will_v take_v they_o for_o more_o than_o six_o and_o twenty_o must_v refuse_v to_o take_v they_o at_o so_o much_o and_o some_o refuse_v the_o take_n of_o they_o at_o any_o price_n so_o that_o silver_n will_v no_o more_o pass_v for_o money_n than_o gold_n unless_o the_o price_n of_o each_o piece_n be_v fix_v by_o public_a authority_n the_o argument_n that_o have_v be_v use_v to_o show_v that_o it_o be_v impracticable_a to_o make_v up_o the_o rar_fw-la of_o the_o coin_n from_o the_o quantity_n of_o money_n in_o each_o piece_n because_o of_o the_o great_a difference_n in_o the_o standard_n the_o unequal_a division_n of_o the_o money_n and_o the_o infinite_a number_n of_o fraction_n in_o the_o quantity_n of_o silver_n in_o every_o piece_n be_v of_o use_n to_o prove_v that_o the_o par_fw-fr of_o monies_n be_v from_o the_o valuation_n that_o each_o government_n set_v upon_o their_o coin_n or_o else_o there_o can_v be_v no_o bargain_n make_v upon_o a_o equal_a foot_n there_o be_v such_o a_o certain_a difference_n in_o the_o quantity_n of_o the_o silver_n in_o the_o several_a coin_n which_o can_v never_o be_v remedy_v unless_o public_a authority_n have_v fix_v the_o value_n to_o their_o money_n by_o which_o all_o those_o fraction_n and_o inequality_n in_o the_o several_a coin_n be_v even_v and_o one_o piece_n of_o money_n be_v as_o good_a as_o another_o in_o the_o country_n where_o each_o piece_n be_v coin_v according_a to_o the_o valuation_n that_o be_v set_v upon_o it_o which_o be_v describe_v by_o the_o stamp_n and_o size_n of_o the_o piece_n though_o they_o differ_v great_o in_o the_o quantity_n of_o silver_n now_o if_o it_o be_v true_a in_o itself_o that_o nothing_o have_v a_o value_n or_o price_n that_o the_o value_n of_o all_o thing_n arise_v from_o their_o use_n it_o will_v be_v no_o strange_a consequence_n that_o money_n shall_v have_v a_o value_n from_o the_o great_a use_n of_o it_o above_o the_o price_n of_o bullion_n or_o the_o metal_n that_o bear_v the_o impression_n and_o that_o the_o government_n shall_v have_v power_n to_o set_v and_o fix_v a_o value_n or_o price_n upon_o their_o money_n as_o well_o as_o the_o merchant_n and_o trader_n upon_o their_o good_n and_o ware_n and_o that_o it_o be_v as_o reasonable_a to_o allow_v the_o government_n some_o value_n for_o their_o stamp_n upon_o their_o money_n above_o the_o price_n of_o the_o metal_n as_o to_o pay_v the_o goldsmith_n for_o the_o fashion_n of_o their_o plate_n or_o the_o ingrave_a or_o carver_n for_o the_o impression_n on_o his_o medal_n and_o why_o shall_v it_o seem_v so_o strange_a that_o a_o new_a piece_n of_o coin_n shall_v have_v a_o value_n above_o the_o price_n of_o the_o metal_n which_o be_v seldom_o above_o sixpence_n or_o eight_o penny_n in_o five_o shilling_n be_v not_o above_o a_o ten_o part_v more_o than_o the_o value_n of_o the_o metal_n when_o a_o old_a piece_n of_o coin_n grow_v scarce_o be_v seldom_o less_o than_o double_a the_o value_n and_o some_o of_o they_o exceed_v ten_o twenty_o and_o a_o hundred_o time_n the_o value_n of_o the_o metal_n a_o milled_a crown_n of_o oliver_n be_v now_o worth_a twenty_o shilling_n to_o be_v sell_v and_o a_o otbo_n head_n and_o some_o other_o roman_a coin_n be_v worth_a a_o hundred_o time_n the_o value_n of_o the_o metal_n that_o bear_v the_o impression_n beside_o there_o be_v a_o great_a reason_n for_o the_o value_n of_o the_o money_n because_o by_o the_o authority_n of_o the_o government_n it_o be_v make_v current_n and_o lawful_a money_n and_o every_o body_n be_v oblige_v to_o take_v it_o and_o therefore_o no_o person_n can_v be_v a_o loser_n by_o take_v of_o it_o because_o another_o person_n be_v to_o take_v it_o of_o he_o again_o for_o the_o same_o value_n the_o stamp_n upon_o the_o money_n be_v the_o seal_n of_o the_o government_n so_o that_o if_o there_o be_v not_o a_o law_n to_o make_v it_o current_n and_o have_v only_o the_o king_n seal_n or_o stamp_n upon_o it_o it_o ought_v rather_o to_o have_v a_o better_a or_o at_o least_o the_o same_o value_n as_o a_o bank_n note_v or_o any_o private_a person_n be_v bond_n or_o seal_n which_o only_o show_v that_o the_o person_n who_o note_n or_o seal_v it_o be_v be_v oblige_v to_o pay_v or_o exchange_v it_o and_o it_o there_o be_v no_o other_o obligation_n from_o the_o king_n stamp_n than_o to_o show_v that_o the_o king_n will_v take_v it_o in_o his_o revenue_n it_o will_v give_v it_o a_o sufficient_a currency_n though_o there_o be_v no_o law_n to_o make_v it_o current_n it_o be_v the_o currancy_n of_o the_o coin_n that_o all_o man_n regard_v more_o than_o the_o quantity_n of_o the_o siver_z in_o it_o for_o the_o difference_n of_o the_o fineness_n of_o the_o silver_n and_o the_o number_n of_o the_o grain_n in_o each_o piece_n of_o silver_n few_o person_n be_v acquaint_v with_o not_o one_o in_o a_o thousand_o can_v tell_v how_o many_o grain_n of_o fine_a silver_n there_o be_v in_o a_o crown_n halscrown_n shilling_n or_o sixpence_n therefore_o to_o what_o purpose_n shall_v the_o stamp_n be_v set_v to_o be_v a_o voucher_n to_o the_o weight_n and_o fineness_n as_o mr._n locke_n affirm_v which_o no_o person_n inquire_v after_o or_o desire_v to_o know_v it_o be_v the_o currant_n and_o lawful_a money_n of_o england_n that_o man_n contract_v for_o and_o oblige_v themselves_o in_o their_o bond_n to_o pay_v and_o if_o it_o be_v the_o quantity_n of_o silver_n in_o the_o money_n that_o man_n regard_v they_o certain_o will_v express_v it_o in_o their_o bond_n and_o contract_n and_o have_v faid_a currant_n and_o lawful_a money_n contain_v so_o many_o ounce_n and_o grain_n of_o fine_a silver_n for_o money_n do_v wear_v and_o grow_v light_a by_o often_o tell_v over_o so_o that_o if_o it_o be_v true_a that_o it_o be_v the_o quantity_n of_o silver_n in_o the_o money_n that_o man_n give_v take_v and_o contract_n for_o in_o exchange_n for_o all_o other_o commodity_n they_o ought_v to_o make_v their_o bargain_n to_o be_v pay_v in_o money_n coin_v such_o and_o such_o a_o year_n and_o so_o set_v the_o price_n of_o their_o good_n according_a to_o the_o date_n of_o the_o year_n the_o money_n be_v coin_v in_o or_o else_o they_o will_v lose_v more_o by_o the_o difference_n in_o the_o quantity_n of_o silver_n by_o the_o age_n and_o wear_n of_o the_o money_n than_o the_o profit_n by_o the_o good_n amount_v to_o for_o it_o be_v very_o plain_a that_o the_o old_a unclipped_a broad_a money_n of_o england_n be_v wear_v ten_n per_fw-la cent._n light_a than_o the_o new-milled_a money_n so_o that_o be_v the_o quantity_n of_o the_o silver_n in_o the_o money_n be_v to_o be_v regard_v it_o will_v make_v ten_o per_fw-la cent._n difference_n in_o the_o profit_n of_o the_o bargain_n and_o yet_o no_o man_n will_v deny_v but_o that_o the_o broad_a unclipped_a money_n will_v buy_v as_o many_o good_n of_o the_o same_o value_n as_o the_o new-milled_a money_n will_v do_v and_o that_o all_o bond_n and_o contract_n be_v as_o well_o pay_v and_o satisfy_v by_o such_o old_a money_n as_o by_o the_o new_a it_o be_v the_o denomination_n and_o currency_n of_o the_o money_n that_o man_n regard_v in_o bargain_v and_o not_o the_o quantity_n of_o silver_n for_o in_o all_o part_n of_o europe_n man_n buy_v and_o sell_v by_o the_o denomination_n of_o several_a sort_n of_o money_n both_o of_o gold_n and_o silver_n that_o be_v former_o currant_n but_o now_o out_o of_o use_n and_o not_o in_o be_v as_o by_o several_a sort_n of_o dollar_n guilder-piece_n florin_n mark_n noble_n and_o groat_n of_o england_n etc._n etc._n for_o when_o prince_n be_v force_v by_o the_o rise_n of_o bullion_n to_o raise_v their_o coin_n and_o make_v their_o money_n light_a they_o often_o change_v the_o denomination_n and_o yet_o man_n keep_v their_o custom_n of_o make_v their_o bargain_n by_o the_o old_a weighty_a money_n and_o pay_v for_o their_o good_n by_o the_o new-coined_a light_a money_n as_o to_o instance_n in_o many_o country_n here_o in_o england_n they_o buy_v and_o sell_v their_o cattle_n by_o groat_n and_o noble_n which_o be_v the_o currant_n money_n and_o way_n of_o reckon_n till_o edward_n the_o vith_n day_n there_o be_v till_o then_o very_o little_a other_o silver_n money_n coin_v but_o groat_n and_o they_o be_v double_a the_o weight_n in_o proportion_n to_o what_o the_o money_n be_v now_o coin_v at_o and_o yet_o in_o pay_v and_o
silver_n in_o it_o by_o this_o argument_n in_o my_o opinion_n they_o seem_v to_o be_v but_o young_a courtier_n and_o make_v a_o ill_a sort_n of_o compliment_n to_o his_o majesty_n by_o give_v a_o great_a value_n and_o respect_n to_o the_o metal_n than_o to_o the_o effigy_n of_o the_o king_n when_o they_o will_v allow_v that_o the_o stamp_n and_o effigy_n upon_o the_o coin_n give_v a_o value_n to_o the_o money_n and_o that_o the_o king_n authority_n make_v it_o currant_n when_o all_o the_o coin_n of_o his_o predecessor_n be_v not_o otherwise_o make_v the_o current_a money_n of_o england_n but_o by_o their_o proclamation_n these_o be_v the_o chief_a objection_n against_o raise_v the_o value_n of_o the_o money_n which_o i_o hope_v i_o have_v full_o answer_v and_o show_v that_o they_o be_v only_o imaginary_a mischief_n but_o if_o the_o money_n be_v not_o raise_v the_o mischief_n will_v be_v real_a and_o consequence_n very_o fatal_a to_o the_o nation_n for_o if_o the_o money_n be_v new-coined_a according_a to_o the_o old_a standard_n it_o will_v be_v certain_o melt_v down_o and_o carry_v away_o as_o fast_o as_o it_o be_v coin_v notwithstanding_o all_o the_o law_n that_o can_v be_v make_v to_o prevent_v it_o and_o the_o nation_n be_v leave_v without_o money_n the_o consequence_n whereof_o will_v be_v that_o trade_n will_v be_v at_o a_o stand_n the_o price_n of_o all_o commodity_n will_v fall_v and_o a_o general_a poverty_n and_o clamour_n over_o the_o whole_a nation_n ensue_v for_o money_n be_v the_o measure_n of_o commerce_n and_o for_o a_o nation_n to_o be_v without_o money_n be_v the_o same_o thing_n as_o if_o it_o be_v without_o measure_n and_o have_v neither_o yard_n scales_n nor_o bushel_n in_o the_o country_n without_o some_o of_o which_o no_o bargain_n can_v be_v make_v in_o those_o country_n where_o the_o inhabitant_n do_v not_o live_v upon_o trade_n but_o a_o country-life_n every_o man_n have_v always_o provision_n sufficient_a to_o sustain_v life_n they_o may_v shift_v without_o money_n and_o barter_v one_o commodity_n for_o another_o but_o in_o england_n where_o the_o great_a body_n of_o the_o people_n depend_v upon_o trade_n and_o that_o by_o sell_v of_o such_o good_n the_o great_a part_n of_o which_o the_o people_n be_v under_o no_o great_a necessity_n of_o have_v but_o may_v shift_v without_o and_o have_v no_o way_n of_o feed_v themselves_o but_o â—y_a the_o profit_n of_o such_o bargain_n they_o can_v â—ive_a without_o money_n and_o if_o there_o be_v no_o money_n will_v starve_v because_o no_o person_n will_v â—arter_v for_o those_o good_n that_o they_o have_v no_o absolute_a occasion_n for_o if_o they_o want_v money_n beside_o the_o want_n of_o money_n in_o a_o nation_n will_v bring_v down_o the_o price_n of_o all_o commodity_n for_o according_a to_o the_o consumption_n of_o â—l_a good_n and_o the_o occasion_n there_o be_v for_o they_o â—he_v price_n will_v rise_v when_o money_n be_v want_v man_n consume_v less_o they_o be_v better_a â—_z and_o make_v every_o thing_n last_v long_o which_o lessen_v the_o consumption_n of_o the_o native_a commodity_n and_o make_v the_o price_n of_o they_o â—o_o fall_v and_o if_o the_o price_n of_o the_o native_a commodity_n fall_v the_o rent_n of_o the_o land_n will_v â—â—nk_v for_o the_o tenant_n can_v pay_v the_o same_o â—ent_n when_o the_o corn_n and_o wool_n and_o other_o commodity_n which_o be_v the_o product_n of_o the_o and_o fall_v to_o half_a the_o value_n to_o conclude_v there_o be_v nothing_o so_o much_o the_o interest_n of_o the_o nation_n as_o at_o this_o time_n to_o raise_v their_o money_n it_o will_v increase_v the_o spety_n of_o the_o coin_n and_o save_v the_o nation_n near_o a_o million_o of_o money_n now_o they_o be_v engage_v in_o a_o chargeable_a war._n and_o if_o there_o be_v no_o other_o reason_n but_o this_o which_o have_v be_v the_o cause_n that_o several_a prince_n and_o state_n have_v raise_v their_o money_n and_o have_v find_v great_a success_n by_o it_o it_o be_v a_o argument_n sufficient_a for_o if_o all_o the_o money_n shall_v be_v new-coined_a to_o thâ—_n old_a standard_n it_o will_v not_o produce_v much_o above_o haâ—_n the_o quantity_n of_o the_o money_n before_o it_o be_v new-coined_a and_o there_o may_v be_v several_a instance_n give_v beside_o that_o of_o the_o roman_n and_o french_a where_o prince_n and_o state_n have_v raise_v their_o money_n in_o time_n of_o war_n oâ—_n purpose_n to_o increase_v the_o quantity_n of_o it_o but_o not_o on_o precedent_n where_o by_o new-coining_a of_o it_o in_o the_o timâ—_n of_o war_n the_o quantity_n have_v be_v make_v less_o beside_o there_o be_v a_o great_a reason_n for_o raise_v thâ—_n money_n while_o the_o war_n continue_v in_o foreign_a part_n because_o during_o the_o continuance_n of_o the_o army_n iâ—_n flanders_n the_o exchange_n to_o those_o place_n will_v he_o high_a because_o of_o the_o constant_a occasion_n to_o remit_v monâ—â—_n to_o those_o part_n to_o pay_v the_o army_n but_o if_o the_o monâ—â—_n be_v raise_v above_o the_o price_n of_o bullion_n the_o dutch_a 〈◊〉_d flemish_a merchant_n that_o pay_v the_o bill_n of_o exchange_n 〈◊〉_d flanders_n with_o their_o money_n with_o which_o the_o army_n 〈◊〉_d pay_v will_v send_v for_o their_o effect_n in_o bullion_n or_o the_o native_a commodity_n of_o england_n because_o it_o will_v 〈◊〉_d more_o profitable_a to_o they_o if_o the_o money_n be_v raise_v bâ—â—_n if_o it_o be_v not_o raise_v it_o will_v be_v more_o profitable_a to_o meâ—â—_n down_o the_o money_n and_o send_v it_o away_o than_o bill_n of_o eâ—change_n by_o which_o in_o a_o short_a time_n there_o will_v be_v 〈◊〉_d money_n leave_v in_o the_o nation_n for_o the_o merchant_n be_v pay_v for_o the_o remit_v tâ—_n money_n at_o the_o first_o make_v of_o the_o bargain_n and_o noâ—_n ever_o expect_v to_o make_v a_o advantage_n by_o melt_a doâ—â—_n the_o money_n of_o the_o country_n and_o send_v it_o away_o fâ—â—_v if_o so_o the_o merchant_n need_v not_o pay_v for_o the_o bill_n of_o eâ—change_n but_o he_o propose_v to_o have_v his_o return_n make_v of_o his_o bill_n by_o the_o good_n and_o effect_n of_o the_o country_n from_o whence_o the_o bill_n be_v send_v and_o that_o will_v be_v much_o more_o for_o the_o advantage_n of_o the_o nation_n for_o the_o stock_n of_o the_o nation_n be_v perpetual_a there_o be_v a_o new_a crop_n of_o corn_n and_o wool_n every_o year_n and_o the_o mine_n be_v never_o to_o be_v exhaust_v and_o the_o pay_v of_o the_o foreign_a bill_n with_o the_o native_a stock_n of_o the_o country_n which_o be_v the_o usual_a way_n that_o all_o foreign_a bill_n be_v pay_v can_v never_o prejudice_v a_o nation_n beside_o if_o it_o be_v not_o in_o a_o time_n of_o war_n the_o silver_n money_n ought_v to_o be_v raise_v because_o the_o foreign_a prince_n have_v raise_v their_o money_n twice_o since_o the_o silver_n money_n have_v be_v raise_v in_o england_n and_o it_o be_v the_o constant_a usage_n of_o all_o the_o foreign_a prince_n and_o state_n in_o europe_n to_o set_v a_o pretty_a equal_a valuation_n upon_o their_o money_n above_o the_o price_n of_o bullion_n and_o to_o raise_v their_o money_n much_o about_o the_o same_o time_n or_o else_o the_o money_n of_o the_o country_n where_o it_o be_v not_o raise_v will_v be_v melt_v down_o by_o the_o merchant_n and_o carry_v to_o the_o mint_n of_o those_o country_n where_o it_o be_v raise_v and_o the_o bullion_n yield_v a_o great_a profit_n and_o so_o in_o a_o short_a time_n there_o will_v be_v no_o money_n leave_v in_o that_o country_n the_o truth_n of_o which_o have_v be_v sufficient_o show_v from_o the_o great_a quantity_n of_o silver_n money_n be_v above_o fifteen_o million_o that_o have_v be_v melt_v down_o since_o the_o silver_n money_n be_v raise_v in_o england_n and_o there_o will_v be_v the_o same_o consequence_n if_o the_o money_n be_v now_o coin_v to_o the_o old_a standard_n because_o the_o money_n be_v of_o more_o value_n when_o it_o be_v melt_v into_o bullion_n than_o in_o coin_n some_o be_v of_o opinion_n that_o the_o way_n to_o keep_v the_o silver_n money_n in_o the_o nation_n be_v to_o sink_v the_o price_n of_o the_o gold_n and_o will_v have_v guineas_n bring_v to_o two_o and_o twenty_o believe_v that_o the_o silver_n money_n will_v be_v buy_v up_o by_o the_o gold_n and_o export_v by_o this_o way_n of_o argue_v they_o must_v agree_v that_o silver_n be_v of_o a_o great_a value_n in_o another_o country_n or_o else_o there_o will_v be_v no_o advantage_n get_v by_o export_v it_o and_o if_o the_o gold_n be_v set_v at_o two_o and_o twenty_o or_o five_o and_o twenty_o it_o will_v preserve_v the_o silver_n because_o every_o merchant_n and_o trader_n may_v take_v the_o silver_n money_n by_o the_o sale_n of_o his_o good_n and_o need_v not_o buy_v it_o with_o the_o gold_n and_o if_o guineas_n be_v sink_v to_o two_o and_o twenty_o it_o will_v be_v a_o severe_a loss_n to_o those_o people_n that_o have_v take_v they_o at_o high_a rate_n and_o a_o damage_n to_o the_o nation_n by_o lessen_v the_o quantity_n of_o the_o coin_n and_o by_o low'r_v the_o price_n of_o they_o may_v cause_v they_o to_o be_v export_v so_o that_o there_o will_v be_v neither_o gold_n nor_o silver_n leave_v in_o the_o nation_n to_o conclude_v this_o discourse_n if_o nothing_o in_o itself_o have_v a_o certain_a price_n or_o value_n if_o gold_n and_o silver_n be_v commodity_n of_o uncertain_a value_v if_o money_n have_v its_o value_n from_o the_o authority_n of_o the_o government_n which_o make_v it_o currant_n and_o fix_v the_o price_n of_o each_o piece_n of_o metal_n then_o the_o money_n will_v be_v of_o as_o good_a value_n to_o all_o intent_n and_o purpose_n when_o it_o be_v coin_v light_a for_o the_o authority_n be_v the_o same_o the_o value_n will_v be_v the_o same_o it_o will_v buy_v as_o much_o good_n the_o landlord_n will_v have_v as_o much_o rent_n and_o the_o nation_n will_v save_v a_o million_o of_o money_n at_o a_o time_n when_o they_o have_v so_o great_a occasion_n for_o it_o beside_o the_o prevent_a those_o fatal_a consequence_n that_o follow_v the_o coin_v the_o money_n too_o weighty_a as_o the_o loss_n of_o the_o money_n decay_n of_o trade_n the_o fall_n of_o rent_n and_o a_o general_a poverty_n and_o clamour_n all_o over_o the_o nation_n errata_fw-la preface_n page_n 3._o line_n 21._o read_v reason_n content_n '_o p._n 5._o l._n 7._o r._n of_o their_o rent_n p._n 8._o l._n 6._o r._n exchange_v p_o 9_o l._n 13._o r._n by_o the._n p._n 13._o l._n 24._o r._n as_o now_o p._n 20._o l._n 21._o 22_o r._n though_o the_o pound_n troy_n be_v in_o both_o p._n 21._o l._n 14._o r._n that_o be_v by_z p._n 22._o l._n 5_o &_o 6._o r._n edward_n the_o first_o p._n 26._o l._n 22._o r._n quantity_n of_o silver_n p._n 27._o l._n 13._o r._n that_o nothing_o in_o itself_o p._n 31._o l._n 20._o r._n contain_v p._n 63._o 1._o 3._o r._n nummus_fw-la finis_fw-la
a_o discourse_n concern_v coin_v the_o new_a money_n light_a in_o answer_n to_o mr._n lock_n be_v consideration_n about_o raise_v the_o value_n of_o money_n by_o nicholas_n barbon_n esq_n london_n print_v for_o richard_n chiswell_n at_o the_o rose_n and_o crown_n in_o st._n paul_n churchyard_n mdcxcvi_o preface_n this_o question_n whether_o it_o be_v for_o the_o interest_n of_o england_n at_o this_o time_n to_o new-coin_n their_o clipt-money_n according_a to_o the_o old_a standard_n both_o for_o weight_n and_o fineness_n or_o to_o coin_v it_o somewhat_o light_a have_v be_v of_o late_a the_o business_n of_o the_o press_n and_o the_o common_a subject_n of_o debate_n and_o since_o there_o have_v be_v so_o much_o write_v and_o say_v pro_n &_o con_n about_o this_o matter_n and_o yet_o gentleman_n continue_v still_o unsatisfied_a and_o of_o different_a opinion_n i_o can_v not_o hope_v from_o any_o thing_n i_o may_v write_v to_o have_v better_a success_n and_o therefore_o do_v not_o intend_v to_o appear_v in_o public_a in_o this_o controversy_n though_o i_o have_v the_o same_o reason_n which_o be_v give_v for_o answer_v mr._n lowndes_n that_o be_v that_o by_o my_o silence_n i_o may_v seem_v to_o renounce_v my_o own_o opinion_n have_v some_o time_n since_o write_v a_o discourse_n of_o trade_n wherein_o the_o definition_n of_o money_n differ_v from_o what_o mr._n lock_v assert_n but_o have_v consider_v the_o fatal_a consequence_n of_o coin_v the_o money_n by_o the_o old_a standard_n and_o that_o it_o be_v not_o necessary_a that_o those_o argumeut_n that_o shall_v be_v offer_v to_o prevent_v it_o shall_v whole_o convince_v those_o that_o be_v of_o the_o contrary_a opinion_n but_o that_o they_o will_v have_v the_o same_o success_n if_o they_o do_v but_o create_v a_o doubt_n it_o seem_v very_o reasonable_a that_o person_n in_o doubt_n of_o their_o own_o opinion_n in_o this_o controversy_n may_v be_v persuade_v to_o consent_v to_o the_o trial_n of_o the_o contrary_a not_o only_o that_o they_o may_v thereby_o discover_v the_o truth_n but_o because_o by_o the_o experiment_n there_o appear_v so_o plain_a a_o advantage_n as_o the_o multiply_a the_o species_n of_o the_o coin_n and_o save_v the_o nation_n near_o a_o million_o of_o money_n in_o a_o time_n when_o they_o be_v engage_v in_o so_o chargeable_a a_o war._n i_o be_v therefore_o encourage_v in_o hope_n of_o such_o success_n to_o offer_v my_o reason_n for_o raise_v the_o value_n of_o the_o money_n to_o public_a consideration_n that_o they_o may_v be_v the_o better_o weigh_v and_o examine_v and_o at_o the_o same_o time_n to_o answer_v mr._n lock_n be_v objection_n to_o the_o contrary_a which_o both_o from_o the_o reputation_n of_o the_o person_n that_o write_v they_o and_o the_o reception_n they_o seem_v to_o have_v have_v from_o great_a personage_n before_o they_o be_v publish_v be_v of_o great_a force_n in_o this_o debate_n that_o which_o seem_v to_o be_v the_o great_a difficulty_n in_o clear_v this_o controversy_n be_v that_o it_o be_v about_o a_o matter_n where_o profit_n accompany_v the_o decision_n of_o it_o gentleman_n be_v jealous_a of_o the_o argument_n lest_o they_o shall_v be_v biased_a by_o private_a interest_n and_o so_o run_v contrary_a to_o the_o truth_n which_o lessen_v the_o force_n of_o the_o argument_n that_o be_v use_v in_o such_o debate_n but_o this_o be_v a_o equal_a objection_n to_o the_o reason_n on_o both_o side_n for_o as_o the_o raise_v the_o value_n of_o the_o money_n may_v be_v profitable_a to_o those_o that_o have_v interest_n in_o bank_n have_v great_a cash_n in_o old_a money_n so_o on_o the_o other_o hand_n the_o coin_n of_o the_o money_n to_o the_o old_a standard_n may_v be_v as_o profitable_a to_o bank_n by_o melt_v of_o it_o down_o and_o if_o there_o be_v any_o difference_n of_o advantage_n it_o must_v be_v to_o the_o latter_a because_o beside_o the_o profit_n by_o melt_v nothing_o can_v be_v of_o great_a advantage_n to_o bank_n than_o scarcity_n of_o money_n when_o man_n will_v be_v glad_a to_o take_v a_o bank-note_a for_o want_v of_o it_o and_o on_o the_o contrary_a nothing_o can_v be_v more_o disadvantageous_a to_o bank_n especial_o to_o those_o young_a in_o credit_n than_o plenty_n of_o new_a money_n when_o the_o money_n may_v be_v soon_o tell_v than_o a_o note_v write_v so_o that_o if_o i_o be_v to_o consider_v my_o private_a interest_n i_o ought_v to_o be_v of_o the_o contrary_a opinion_n to_o that_o i_o argue_v for_o and_o therefore_o i_o hope_v i_o shall_v be_v believe_v when_o i_o declare_v that_o i_o have_v no_o other_o design_n in_o write_v this_o discourse_n than_o the_o service_n of_o my_o country_n and_o i_o have_v the_o same_o candour_n to_o believe_v it_o of_o those_o that_o have_v write_v for_o the_o contrary_a opinion_n and_o that_o mr._n lock_n and_o i_o do_v in_o this_o agree_v though_o in_o our_o argument_n we_o differ_v for_o i_o can_v believe_v that_o any_o person_n for_o his_o own_o private_a interest_n will_v argue_v for_o the_o coin_v the_o money_n by_o the_o old_a standard_n when_o the_o consequence_n of_o it_o in_o my_o opinion_n will_v be_v so_o fatal_a to_o his_o country_n which_o will_v be_v no_o less_o than_o the_o want_n of_o the_o species_n of_o money_n a_o stop_n of_o trade_n and_o a_o general_a complaint_n and_o poverty_n all_o over_o the_o nation_n i_o have_v follow_v the_o same_o method_n in_o answer_v mr._n lock_v as_o he_o have_v use_v in_o answer_v mr._n lownds_o which_o be_v by_o lay_v down_o several_a proposition_n contrary_a to_o mr._n lock_n be_v and_o from_o thence_o to_o argue_v and_o show_v wherein_o his_o be_v mistake_v i_o have_v choose_v rather_o to_o sum_v up_o the_o chief_a substance_n of_o his_o argument_n for_o the_o sake_n of_o brevity_n than_o to_o recite_v his_o sense_n in_o his_o own_o word_n and_o if_o in_o any_o place_n i_o have_v mistake_v his_o sense_n i_o do_v beg_v his_o pardon_n and_o do_v assure_v he_o that_o it_o be_v not_o wilful_o but_o for_o want_v of_o right_a understanding_n of_o it_o for_o i_o have_v the_o same_o design_n as_o mr._n lock_v that_o truth_n betwixt_o we_o may_v appear_v and_o therefore_o shall_v use_v his_o own_o word_n that_o i_o shall_v think_v myself_o oblige_v to_o he_o or_o any_o one_o else_o who_o shall_v show_v i_o or_o the_o public_a any_o material_a mistake_n in_o any_o thing_n i_o have_v here_o say_v whereon_o any_o part_n of_o the_o question_n turn_v the_o want_n of_o leisure_n from_o other_o affair_n may_v very_o well_o have_v be_v plead_v for_o not_o write_v in_o this_o debate_n but_o if_o it_o may_v be_v allow_v i_o for_o a_o excuse_n in_o not_o write_v so_o well_o on_o this_o subject_a as_o the_o weightiness_n of_o it_o may_v require_v either_o in_o respect_n of_o the_o style_n the_o method_n of_o argue_v or_o the_o omission_n of_o several_a thing_n to_o the_o clear_v the_o controversy_n i_o shall_v not_o think_v my_o time_n ill_o spend_v especial_o if_o any_o thing_n that_o i_o have_v write_v may_v tend_v to_o the_o service_n of_o the_o public_a the_o content_n or_o chief_z substance_n of_o mr._n have_v book_n that_o silver_n be_v the_o instrument_n and_o measure_n of_o commerce_n by_o its_o intrinsic_a value_n the_o intrinsic_a value_n of_o silver_n be_v the_o estimate_n which_o common_a consent_n have_v place_v on_o it_o silver_n be_v the_o measure_n of_o commerce_n by_o its_o quantity_n which_o be_v also_o the_o measure_n of_o its_o intrinsic_a value_n it_o be_v the_o quantity_n of_o silver_n man_n give_v take_v and_o contract_n for_o that_o they_o estimate_v the_o value_n of_o other_o thing_n by_o and_o give_v and_o take_v in_o exchange_n for_o all_o other_o commodity_n that_o money_n differ_v from_o vncoined_a silver_n only_o in_o this_o that_o the_o quantity_n of_o silver_n in_o each_o piece_n be_v ascertain_v by_o its_o stamp_n which_o be_v set_v there_o to_o be_v a_o public_a voucher_n for_o its_o weight_n and_o fineness_n that_o the_o par_fw-fr of_o money_n be_v a_o certain_a number_n of_o piece_n of_o the_o coin_n of_o one_o country_n contain_v in_o they_o a_o equal_a quantity_n of_o silver_n to_o that_o in_o another_o number_n of_o piece_n of_o the_o coin_n of_o another_o country_n that_o plenty_n of_o money_n in_o a_o country_n be_v only_o make_v and_o preserve_v by_o the_o balance_n of_o trade_n from_o these_o proposition_n mr._n lock_n argue_v that_o it_o will_v be_v no_o advantage_n to_o raise_v the_o value_n of_o the_o money_n but_o a_o great_a loss_n to_o all_o the_o creditor_n and_o land_a man_n of_o england_n for_o bullion_n or_o vncoined_a silver_n have_v a_o intrinsic_a value_n can_v never_o rise_v nor_o fall_v and_o money_n differ_v only_o from_o silver_n in_o this_o that_o the_o stamp_n ascertain_v the_o weight_n and_o
agree_v this_o consequence_n and_o in_o page_n 21_o allow_v gold_n and_o lead_v and_o other_o metal_n to_o be_v commodity_n of_o uncertain_a value_n and_o therefore_o can_v be_v the_o measure_n of_o another_o value_n but_o it_o do_v not_o appear_v to_o i_o why_o he_o have_v separate_v silver_n from_o gold_n which_o in_o all_o discourse_n use_v to_o go_v together_o or_o why_o that_o shall_v not_o be_v a_o commodity_n as_o well_o as_o other_o metal_n which_o have_v he_o please_v to_o have_v allow_v will_v have_v much_o shorten_v the_o debate_n what_o mr._n lock_v mean_n when_o he_o say_v that_o the_o intrinsic_a value_n of_o silver_n be_v the_o estimate_n that_o common_a consent_n have_v place_v on_o it_o i_o do_v not_o well_o understand_v therefore_o must_v be_v excuse_v if_o i_o do_v not_o well_o answer_v it_o if_o he_o mean_v that_o the_o estimate_n that_o common_a consent_n have_v place_v on_o silver_n that_o mankind_n have_v agree_v to_o set_v a_o certain_a and_o fix_a price_n upon_o silver_n he_o ought_v to_o have_v give_v account_n how_o and_o when_o they_o make_v such_o agreement_n i_o must_v confess_v i_o never_o hear_v of_o any_o if_o there_o be_v any_o such_o it_o must_v be_v late_o for_o there_o be_v no_o goldsmith_n that_o have_v be_v any_o considerable_a time_n at_o his_o trade_n but_o have_v buy_v the_o same_o sterling_a silver_n for_o four_o shilling_n eight_o penny_n four_o and_o ten_o penny_n and_o five_o shilling_n per_fw-la ounce_n for_o which_o he_o have_v give_v five_o and_o eight_o penny_n five_o and_o ten_o penny_n and_o six_o shilling_n per_fw-la ounce_n if_o he_o mean_v by_o the_o estimate_n that_o common_a consent_n have_v place_v on_o silver_n that_o all_o government_n have_v agree_v to_o make_v their_o silver_n monies_n equal_a both_o for_o weight_n and_o fineness_n that_o too_o will_v prove_v a_o mistake_n for_o the_o silver_n coin_n in_o all_o government_n in_o europe_n have_v be_v at_o one_o time_n or_o other_o raise_v and_o alter_v and_o they_o never_o do_v agree_v in_o equal_a quantity_n of_o fine_a silver_n as_o will_v be_v show_v in_o the_o discourse_n of_o money_n and_o the_o par_fw-fr of_o the_o several_a coin_n that_o which_o i_o have_v endeavour_v to_o prove_v in_o this_o discourse_n of_o riches_n and_o the_o value_n of_o thing_n be_v these_o five_o several_a maxim_n which_o i_o have_v here_o set_v together_o because_o i_o shall_v have_v occasion_n to_o make_v use_n of_o they_o hereafter_o viz._n 1._o that_o nothing_o have_v a_o price_n or_o value_n in_o itself_o 2._o that_o the_o price_n or_o value_n of_o every_o thing_n arise_v from_o the_o occasion_n or_o use_v for_o it_o 3._o that_o plenty_n and_o scarcity_n in_o respect_n to_o their_o occasion_n make_v thing_n of_o great_a or_o lesser_a value_n 4._o that_o the_o plenty_n or_o scarcity_n of_o one_o commodity_n do_v not_o alter_v the_o price_n of_o other_o commodity_n which_o be_v not_o for_o the_o same_o use_n 5._o that_o in_o trade_n and_o commerce_n there_o be_v no_o difference_n in_o commodity_n when_o their_o value_v be_v equal_a that_o be_v twenty_o shilling_n worth_a of_o lead_n or_o iron_n to_o some_o merchant_n be_v the_o same_o as_o twenty_o shilling_n in_o silver_n or_o gold_n of_o money_n and_o the_o par_fw-fr of_o the_o several_a coin_n mr._n lock_n say_v pag_n 22._o that_o money_n differ_v from_o vncoined_a silver_n only_o in_o this_o that_o the_o quantity_n of_o silver_n in_o each_o piece_n of_o money_n be_v ascertain_v by_o the_o stamp_n it_o bear_v which_o be_v set_v there_o to_o be_v a_o public_a voucher_n of_o its_o weight_n and_o fineness_n that_o it_o be_v the_o quantity_n of_o silver_n mankind_n give_v or_o take_v or_o contract_n for_o that_o they_o estimate_v the_o value_n of_o other_o thing_n and_o satisfy_v for_o they_o and_o thus_o by_o its_o quantity_n silver_n become_v the_o measure_n of_o commerce_n the_o question_n betwixt_o we_o here_o will_v be_v whether_o money_n have_v its_o sole_a value_n from_o the_o quantity_n of_o silver_n in_o each_o piece_n of_o coin_n or_o whether_o money_n have_v not_o some_o value_n from_o the_o authority_n of_o the_o government_n where_o it_o be_v coin_v above_o the_o value_n of_o the_o silver_n in_o each_o piece_n for_o the_o better_a answer_v this_o question_n it_o will_v be_v necessary_a to_o discourse_v in_o general_n of_o money_n and_o the_o par_fw-fr of_o the_o several_a coin_n money_n be_v a_o value_n give_v to_o a_o piece_n of_o metal_n by_o the_o stamp_n of_o public_a authority_n which_o be_v common_o great_a than_o the_o value_n of_o the_o metal_n that_o bear_v the_o impression_n the_o value_n of_o each_o piece_n of_o money_n be_v know_v by_o the_o difference_n of_o the_o stamp_n size_n and_o colour_n of_o the_o piece_n money_n be_v common_o make_v of_o some_o metal_n but_o it_o be_v more_o for_o conveniency_n than_o of_o absolute_a necessity_n for_o the_o value_n arise_v from_o public_a authority_n it_o may_v as_o well_o be_v set_v to_o any_o thing_n else_o that_o be_v as_o convenient_a and_o can_v be_v as_o well_o preserve_v from_o be_v counterfeit_v for_o in_o several_a country_n money_n be_v not_o make_v of_o metal_n as_o in_o some_o part_n of_o guiney_n money_n be_v make_v of_o shell_n and_o mr._n lock_n observe_v in_o india_n money_n be_v by_o yard_n of_o wampompeak_v and_o in_o england_n it_o be_v former_o make_v of_o leather_n and_o from_o thence_o come_v the_o name_n of_o a_o hide_n of_o land_n which_o do_v as_o well_o describe_v the_o value_n of_o land_n now_o to_o say_v ten_o twenty_o or_o a_o hundred_o pound_n worth_a of_o land_n in_o ancient_a time_n in_o the_o most_o civilise_a part_n of_o the_o world_n the_o money_n be_v make_v of_o copper_n or_o brass_n it_o be_v four_o hundred_o eighty_o four_o year_n before_o the_o roman_n have_v any_o silver_n money_n and_o sixty_o two_o year_n after_o before_o they_o have_v any_o money_n make_v of_o gold_n and_o have_v but_o very_o little_a of_o either_o till_o they_o have_v great_o enlarge_v their_o empire_n and_o from_o the_o spoil_n of_o those_o conquer_a rich_a city_n carthage_n athens_n and_o alexandria_n bring_v a_o great_a plenty_n of_o silver_n and_o gold_n into_o their_o exchequer_n and_o it_o always_o continue_v scarce_o in_o europe_n till_o the_o discovery_n of_o the_o west-indies_n there_o be_v now_o in_o most_o country_n of_o europe_n three_o sort_n of_o money_n copper_n gold_n and_o silver_n money_n and_o they_o be_v of_o equal_a value_n according_a to_o what_o they_o be_v stamp_v at_o the_o farthing_n of_o england_n the_o duyt_n of_o holland_n the_o denier_n of_o france_n the_o reas_n of_o portugal_n and_o the_o malvedy_n of_o spain_n etc._n etc._n do_v buy_v and_o pay_v for_o all_o sort_n of_o commodity_n as_o well_o as_o the_o money_n that_o be_v make_v of_o silver_n or_o gold_n and_o the_o merchant_n both_o in_o their_o bill_n of_o exchange_n and_o in_o their_o account_n do_v as_o often_o reckon_v by_o the_o copper_n money_n as_o by_o the_o silver_n money_n and_o the_o computation_n of_o the_o silver_n money_n be_v often_o make_v from_o the_o value_n of_o the_o copper_n money_n as_o in_o portugal_n the_o merchant_n do_v often_o draw_v his_o bill_n of_o exchange_n to_o be_v pay_v in_o rial_n of_o four_o hundred_o reas_n or_o four_o hundred_o and_o fifty_o reas._n and_o so_o in_o spain_n he_o draw_v his_o bill_n to_o be_v pay_v in_o rial_n of_o three_o hundred_o seventy_o two_o malvedy_n or_o more_o according_a to_o the_o rise_n of_o the_o exchange_n and_o in_o holland_n some_o merchant_n draw_v their_o bill_n to_o be_v pay_v by_o groat_n which_o be_v a_o base_a money_n as_o well_o as_o other_o do_v to_o be_v pay_v by_o shilling_n for_o the_o value_n of_o money_n arise_v from_o the_o authority_n of_o the_o government_n if_o the_o authority_n be_v the_o same_o the_o value_n of_o the_o copper_n silver_n or_o gold_n money_n must_v be_v the_o same_o in_o proportion_n to_o what_o they_o be_v set_v at_o and_o copper_n be_v a_o metal_n of_o lesser_a value_n than_o either_o gold_n or_o silver_n be_v much_o better_a to_o make_v small_a money_n of_o because_o the_o piece_n be_v thereby_o make_v large_a and_o fit_a for_o use_n and_o handle_n there_o be_v more_o bargain_n make_v with_o copper_n money_n then_o either_o with_o silver_n or_o gold_n for_o those_o commodity_n that_o be_v buy_v in_o great_a parcel_n be_v sell_v by_o retail_n in_o small_a parcel_n for_o common_a use_n and_o for_o one_o bargain_n make_v with_o silver_n or_o gold_n money_n there_o be_v ten_o make_v with_o copper_n money_n five_o or_o ten_o quarter_n of_o wheat_n which_o may_v cost_v five_o or_o ten_o pound_n in_o silver_n money_n at_o one_o bargain_n be_v divide_v into_o twopeny_n peny_n and_o halfpenny_n loaf_n
receive_v they_o expect_v no_o more_o than_o to_o be_v pay_v by_o the_o now_o current_a money_n though_o the_o quantity_n of_o silver_n be_v much_o less_o in_o this_o money_n the_o judge_n in_o set_v their_o fine_n common_o use_v the_o old_a denomination_n of_o a_o mark_n which_o be_v the_o name_n of_o the_o weight_n of_o gold_n and_o silver_n in_o most_o place_n of_o europe_n contain_v eight_o ounce_n of_o the_o pound_n troy_n and_o in_o edward_n the_o three_o time_n when_o our_o pound_n sterling_n weigh_v a_o pound_n troy_n a_o mark_n be_v a_o common_a name_n in_o payment_n which_o then_o contain_v eight_o ounce_n of_o silver_n and_o yet_o the_o judge_n by_o their_o fine_a intend_v no_o more_o than_o that_o it_o shall_v be_v pay_v by_o the_o current_a money_n now_o in_o be_v which_o be_v two_o three_o of_o a_o pound_n sterling_n by_o tale_n and_o not_o two_o three_o of_o a_o pound_n troy_n by_o weight_n as_o the_o mark_n signify_v when_o first_o in_o use_n which_o will_v now_o amount_v to_o forty_o shilling_n by_o tale_n instead_o of_o thirteen_o and_o four_o penny_n which_o show_v that_o money_n be_v pay_v by_o a_o compute_v valuation_n and_o not_o by_o the_o quantity_n of_o silver_n in_o it_o the_o same_o may_v be_v observe_v in_o examine_v the_o par_fw-fr of_o the_o several_a coin_n and_o that_o the_o par_fw-fr of_o money_n be_v make_v sole_o by_o the_o valuation_n of_o the_o coin_n according_a to_o what_o it_o be_v current_n at_o and_o not_o from_o the_o quantity_n of_o silver_n in_o each_o piece_n in_o the_o reign_n of_o queen_n elizabeth_n anno_fw-la 1586._o there_o be_v a_o par_fw-fr of_o monies_n agree_v on_o betwixt_o the_o earl_n of_o essex_n and_o the_o state_n of_o the_o unite_a province_n which_o be_v that_o three_o and_o thirty_o of_o their_o shilling_n and_o four_o stivers_n shall_v be_v equal_a to_o our_o twenty_o shilling_n a_o english_a shilling_n be_v then_o value_v at_o 10_o stivers_n and_o if_o any_o person_n will_v examine_v the_o quantity_n of_o silver_n in_o this_o par_fw-fr they_o will_v find_v that_o there_o be_v more_o silver_n in_o our_o twenty_o shilling_n than_o in_o eight_o and_o thirty_o shilling_n of_o their_o money_n in_o the_o year_n 1622_o the_o state_n set_v out_o a_o placate_v wherein_o they_o prohibit_v all_o foreign_a coin_n to_o pass_v except_z what_o be_v name_v in_o that_o ordinance_n of_o the_o state_n according_a to_o the_o valuation_n there_o express_v the_o english_a shilling_n be_v one_o of_o the_o foreign_a coin_n that_o be_v allow_v to_o be_v there_o current_a which_o be_v to_o pass_v for_o ten_o stivers_n and_o a_o half_a so_o that_o by_o this_o second_o valuation_n of_o our_o english_a money_n they_o allow_v the_o par_fw-fr of_o our_o twenty_o shilling_n to_o be_v equal_a to_o five_o and_o thirty_o shilling_n two_o stivers_n of_o their_o money_n and_o yet_o our_o shilling_n be_v make_v light_a betwixt_o the_o first_o time_n of_o the_o valuation_n and_o the_o second_o by_o two_o shilling_n in_o three_o pound_n the_o french_a crown_n which_o use_v to_o pass_v for_o five_o and_o fifty_o stivers_n be_v now_o current_a in_o flanders_n for_o seven_o and_o fifty_o stivers_n since_o the_o french_a have_v raise_v the_o value_n of_o their_o money_n though_o there_o be_v no_o more_o silver_n in_o the_o crown-piece_n than_o there_o be_v before_o which_o show_v plain_o that_o the_o par_fw-fr of_o monies_n be_v a_o compute_v valuation_n and_o not_o from_o the_o quantity_n of_o silver_n in_o each_o piece_n of_o coin_n there_o be_v a_o par_fw-fr betwixt_o the_o money_n make_v of_o gold_n and_o silver_n that_o likewise_o be_v uncertain_a and_o depend_v somewhat_o upon_o the_o valuation_n of_o the_o money_n but_o because_o gold_n be_v a_o commodity_n of_o great_a value_n the_o gold_n money_n be_v general_o coin_v near_a to_o the_o market-price_n of_o gold_n than_o the_o silver_n money_n be_v to_o the_o silver_n and_o therefore_o the_o gold_n money_n be_v often_o weigh_v because_o the_o difference_n of_o a_o grain_n or_o two_o great_o alter_v the_o value_n of_o the_o piece_n of_o money_n to_o show_v what_o the_o par_n be_v betwixt_o gold_n and_o silver_n will_v be_v more_o proper_a in_o the_o discourse_n of_o raise_v the_o coin_n therefore_o i_o shall_v conclude_v this_o debate_n of_o money_n and_o the_o par_fw-fr of_o money_n and_o submit_v the_o question_n betwixt_o we_o to_o consideration_n upon_o the_o argument_n that_o have_v be_v use_v to_o prove_v that_o money_n have_v some_o valuation_n from_o the_o authority_n of_o the_o government_n where_o it_o be_v coin_v and_o not_o its_o sole_a value_n from_o the_o quantity_n of_o silver_n in_o each_o piece_n that_o man_n regard_v the_o currency_n and_o stamp_n of_o the_o coin_n and_o take_v it_o more_o upon_o the_o account_n that_o it_o will_v pass_v again_o for_o the_o same_o value_n to_o another_o than_o for_o the_o quantity_n of_o silver_n in_o each_o piece_n and_o not_o as_o mr._n lock_n have_v assert_v that_o be_v that_o the_o stamp_n upon_o the_o money_n be_v set_v there_o only_o to_o be_v a_o public_a voucher_n of_o its_o weight_n and_o fineness_n that_o in_o buy_v and_o sell_v it_o be_v the_o quantity_n of_o silver_n that_o man_n give_v or_o take_v or_o contract_n for_o that_o they_o estimate_v the_o value_n of_o other_o thing_n and_o satisfy_v for_o they_o and_o thus_o by_o its_o quantity_n silver_n become_v the_o measure_n of_o commerce_n of_o the_o balance_n of_o trade_n and_o foreign_a exchange_n the_o balance_n of_o trade_n be_v use_v by_o mr._n lock_v as_o a_o argument_n against_o raise_v the_o value_n of_o the_o money_n because_o the_o balance_n of_o all_o foreign_a account_n as_o he_o suppose_v be_v pay_v in_o money_n which_o must_v be_v send_v out_o to_o balance_v the_o account_n and_o let_v the_o value_v of_o it_o be_v what_o it_o will_v that_o be_v set_v upon_o the_o money_n it_o will_v go_v for_o no_o more_o in_o foreign_a country_n than_o according_a to_o the_o quantity_n of_o silver_n that_o be_v in_o it_o this_o be_v a_o very_a popular_a notion_n and_o general_o believe_v yet_o if_o it_o be_v consider_v it_o will_v be_v find_v to_o be_v a_o mistake_n and_o that_o there_o be_v no_o such_o usage_n as_o balance_v the_o foreign_a account_n of_o merchant_n by_o the_o money_n of_o a_o foreign_a nation_n but_o if_o there_o be_v such_o a_o usage_n it_o be_v the_o great_a argument_n for_o raise_v the_o value_n of_o the_o money_n that_o which_o be_v common_o mean_v by_o the_o balance_n of_o trade_n be_v the_o equal_a import_v of_o foreign_a commodity_n with_o the_o export_n of_o the_o native_a and_o they_o reckon_v that_o nation_n have_v the_o advantage_n in_o the_o balance_n of_o trade_n that_o export_v more_o of_o the_o native_a commodity_n and_o import_v less_o of_o the_o foreign_a and_o the_o reason_n that_o be_v give_v for_o it_o be_v that_o if_o the_o native_a commodity_n be_v of_o a_o great_a value_n that_o be_v export_v the_o balance_n of_o that_o account_n must_v be_v make_v up_o in_o bullion_n or_o money_n and_o the_o nation_n grow_v so_o much_o rich_a as_o the_o balance_n of_o that_o account_n amount_v to_o this_o opinion_n be_v ground_v upon_o this_o supposition_n that_o gold_n and_o silver_n be_v the_o only_a riches_n some_o man_n lay_v so_o great_a a_o stress_n about_o the_o inquire_n into_o this_o balance_n that_o they_o be_v of_o opinion_n that_o a_o trade_n nation_n may_v be_v ruin_v and_o undo_v if_o there_o beened_a care_n take_v by_o law_n to_o regulate_v the_o balance_n and_o yet_o there_o be_v nothing_o so_o difficult_a as_o to_o find_v out_o the_o balance_n of_o trade_n in_o any_o nation_n or_o to_o know_v whether_o there_o ever_o be_v or_o can_v be_v such_o a_o thing_n as_o the_o make_n up_o the_o balance_n of_o trade_n betwixt_o one_o nation_n and_o another_o or_o to_o prove_v if_o it_o can_v be_v find_v out_o that_o there_o be_v any_o thing_n get_v or_o lose_v by_o the_o balance_n for_o a_o nation_n as_o a_o nation_n never_o trade_n it_o be_v only_o the_o inhabitant_n and_o subject_n of_o each_o nation_n that_o trade_n and_o there_o be_v no_o set_a day_n or_o time_n for_o make_v up_o of_o a_o general_a account_n every_o merchant_n make_v up_o his_o own_o private_a account_n and_o that_o be_v not_o do_v at_o any_o set_a time_n one_o merchant_n make_v it_o up_o one_o week_n and_o another_o in_o another_o week_n so_o that_o there_o can_v be_v no_o set_a time_n when_o to_o begin_v that_o balance_n therefore_o those_o that_o rely_v so_o much_o upon_o find_v out_o the_o balance_n of_o trade_n do_v it_o by_o take_v the_o computation_n from_o the_o trade_n of_o several_a year_n of_o one_o nation_n with_o another_o and_o think_v it_o may_v be_v do_v by_o examine_v
the_o value_n of_o their_o coin_n there_o have_v be_v very_o little_a silver_n money_n coin_v and_o much_o less_o to_o be_v find_v now_o in_o england_n for_o in_o king_n charles_n the_o first_o be_v time_n by_o the_o civil_a war_n of_o england_n the_o plate_n be_v bring_v to_o the_o mint_n to_o be_v coin_v which_o be_v the_o cause_n of_o the_o great_a sum_n of_o silver_n money_n coin_v in_o his_o reign_n the_o call_v in_o the_o parliament-money_n in_o king_n charles_n the_o second_v time_n and_o new_a coin_v of_o it_o the_o two_o or_o three_o hundred_o thousand_o pound_n that_o be_v yearly_o send_v into_o england_n from_o france_n upon_o some_o particular_a occasion_n during_o his_o reign_n with_o the_o money_n that_o dunkirk_n be_v sell_v for_o and_o the_o act_n of_o parliament_n for_o give_v away_o the_o charge_n of_o coinage_n to_o encourage_v the_o merchant_n to_o bring_v bullion_n to_o the_o mint_n be_v almost_o three_o and_o a_o half_a per_fw-mi cent_n be_v the_o occasion_n of_o the_o silver_n money_n coin_v in_o his_o reign_n and_o if_o the_o two_o sum_n coin_v in_o these_o two_o king_n reign_v which_o make_v about_o twelve_o million_o with_o the_o money_n that_o be_v coin_v in_o queen_n elizabeth_n reign_n and_o a_o million_o that_o be_v coin_v in_o the_o reign_n of_o king_n james_n the_o first_o before_o the_o foreign_a prince_n raise_v the_o value_n of_o their_o coin_n be_v put_v together_o they_o will_v make_v near_o eighteen_o million_o so_o that_o be_v it_o not_o for_o these_o accidental_a cause_n there_o have_v not_o be_v coin_v in_o the_o mint_n of_o england_n two_o million_o of_o silver_n money_n since_o the_o foreign_a prince_n raise_v the_o value_n of_o their_o coin_n and_o have_v it_o not_o be_v for_o the_o wear_n of_o some_o of_o the_o old_a money_n light_a by_o often_o tell_v it_o over_o and_o clip_v of_o the_o rest_n by_o which_o they_o be_v make_v unprofitable_a to_o melt_v down_o by_o this_o time_n in_o all_o probability_n there_o have_v scarce_o be_v a_o silver_n piece_n of_o money_n to_o be_v see_v in_o england_n and_o that_o the_o raise_v the_o coin_n in_o foreign_a part_n and_o the_o not_o raise_v the_o silver_n coin_n in_o england_n be_v the_o cause_n of_o melt_v it_o down_o and_o transport_v it_o will_v plain_o appear_v from_o the_o plenty_n of_o the_o gold_n here_o compare_v with_o the_o silver_n for_o since_o the_o forty_o three_o of_o queen_n elizabeth_n be_v the_o last_o time_n that_o the_o silver_n money_n be_v raise_v here_o in_o england_n the_o gold_n have_v be_v twice_o great_o raise_v by_o which_o mean_n there_o be_v here_o double_a if_o not_o treble_v the_o quantity_n of_o gold_n for_o silver_n whereas_o in_o all_o other_o kingdom_n and_o state_n in_o europe_n there_o be_v ten_o time_n more_o silver_n money_n than_o gold_n for_o in_o the_o forty_o three_o year_n of_o queen_n elizabeth_n according_a to_o mr._n lownds_n account_n from_o the_o record_n of_o the_o mint_n which_o all_o man_n agree_v be_v very_o exact_a a_o pound_n weight_n troy_n of_o gold_n of_o the_o standard_n of_o twenty_o two_o carat_n fine_a and_o two_o carat_n allay_v be_v coin_v into_o thirty_o three_o sovereign_n and_o a_o half_a at_o twenty_o shilling_n a_o piece_n make_v thirty_o three_o pound_n ten_o shilling_n in_o the_o reign_n of_o king_n james_n i._o the_o gold_n be_v raise_v and_o the_o same_o pound_n weight_n and_o standard_n of_o gold_n be_v coin_v into_o as_o many_o unit_v double-corowns_a and_o other_o piece_n of_o gold_n as_o make_v up_o forty_o pound_n eighteen_o shilling_n and_o four_o penny_n and_o in_o king_n charles_n the_o second_v time_n the_o gold_n be_v again_o raise_v and_o the_o same_o standard_n and_o weight_n be_v coin_v into_o forty_o four_o guineas_fw-la and_o a_o half_a at_o twenty_o shilling_n a_o piece_n so_o that_o from_o thirty_o three_o pound_n ten_o shilling_n in_o queen_n elizabeth_n time_n to_o forty_o four_o pound_n ten_o shilling_n in_o king_n charles_n reign_n the_o gold_n be_v raise_v near_o three_o and_o thirty_o per_fw-la cent_n since_o the_o silver_n money_n have_v be_v raise_v which_o be_v the_o reason_n of_o the_o great_a plenty_n of_o gold_n and_o scarcity_n of_o silver_n what_o be_v the_o reason_n that_o these_o two_o prince_n raise_v their_o gold_n and_o not_o their_o silver_n be_v not_o to_o be_v imagine_v unless_o it_o be_v from_o some_o powerful_a argument_n offer_v by_o the_o guiney_n company_n who_o interest_n it_o be_v to_o have_v gold_n raise_v which_o do_v not_o appear_v and_o that_o this_o raise_v the_o gold_n be_v the_o cause_n that_o it_o be_v more_o plentiful_a here_o in_o england_n than_o silver_n will_v appear_v yet_o more_o plain_a if_o the_o record_n of_o the_o mint_n be_v examine_v since_o king_n charles_n the_o second_v restauration_n for_o since_o that_o time_n there_o have_v be_v coin_v in_o the_o mint_n of_o england_n 7263836_o l._n 1_o s._n 5_o d._n and_o in_o silver_n but_o 4319585_o l._n 9_o s._n 5_o d._n which_o do_v not_o want_n much_o of_o double_a the_o quantity_n of_o gold_n money_n that_o have_v be_v coin_v more_o than_o silver_n and_o when_o the_o guineas_n have_v a_o extraordinary_a rise_v here_o in_o england_n as_o to_o be_v currant_n at_o eight_o and_o twenty_o and_o thirty_o shilling_n a_o piece_n there_o be_v above_o seven_o hundred_o and_o twenty_o thousand_o pound_n in_o gold_n coin_v in_o little_a more_o than_o nine_o month_n time_n which_o be_v more_o than_o be_v coin_v in_o six_o or_o eight_o year_n before_o which_o show_v plain_o that_o the_o raise_v the_o value_n of_o the_o gold_n money_n here_o in_o england_n be_v the_o cause_n that_o so_o much_o be_v import_v and_o coin_v here_o and_o on_o the_o contrary_a the_o not_o raise_v of_o the_o silver_n money_n in_o proportion_n as_o the_o foreign_a mint_n have_v do_v be_v the_o cause_n of_o its_o be_v constant_o melt_v down_o and_o carry_v away_o notwithstanding_o the_o many_o law_n to_o prohibit_v it_o for_o there_o be_v severe_a law_n in_o all_o kingdom_n and_o state_n that_o prohibit_v the_o counterfeit_n clip_v melt_a and_o export_v the_o money_n in_o all_o country_n it_o be_v death_n to_o counterfeit_v and_o clip_v the_o money_n in_o france_n england_n and_o several_a other_o country_n it_o be_v a_o high_a crime_n to_o melt_v it_o down_o and_o forfeiture_n of_o the_o money_n to_o export_v it_o and_o in_o spain_n it_o be_v death_n to_o transport_v it_o and_o yet_o when_o ever_o it_o have_v be_v profitable_a it_o have_v be_v always_o melt_v down_o and_o carry_v away_o so_o that_o by_o experience_n prince_n and_o state_n have_v find_v that_o there_o be_v no_o other_o way_n to_o preserve_v it_o in_o the_o country_n but_o by_o raise_v the_o value_n of_o their_o money_n so_o much_o above_o the_o price_n of_o bullion_n that_o the_o merchant_n may_v get_v more_o by_o carry_v away_o the_o bullion_n than_o the_o money_n the_o cause_n of_o raise_v the_o money_n here_o in_o europe_n will_v always_o continue_v as_o long_o as_o the_o european_n continue_v in_o traffic_n and_o commerce_n for_o trade_n make_v a_o people_n rich_a and_o gold_n and_o silver_n be_v badge_n of_o riches_n and_o therefore_o as_o the_o people_n grow_v rich_a the_o price_n of_o gold_n and_o silver_n will_v rise_v because_o the_o occasion_n for_o gold_n and_o silver_n will_v still_o increase_v especial_o as_o long_o as_o the_o trade_n continue_v to_o the_o mogul_n country_n in_o the_o east-indies_n for_o the_o prince_n and_o great_a people_n there_o believe_v that_o the_o possession_n of_o gold_n and_o silver_n be_v not_o only_o a_o honour_n to_o they_o while_o they_o be_v alive_a but_o that_o they_o shall_v have_v a_o respect_n in_o the_o next_o world_n according_a to_o the_o quantity_n of_o gold_n and_o silver_n they_o die_v possess_v of_o and_o therefore_o whatever_o gold_n and_o silver_n they_o get_v more_o than_o be_v absolute_o necessary_a for_o commerce_n and_o traffic_n they_o from_o time_n to_o time_n melt_v into_o a_o mass_n or_o tank_n which_o be_v bury_v with_o they_o so_o that_o great_a part_n of_o what_o be_v dug_n out_o of_o the_o west_n be_v bury_v in_o the_o east_n and_o although_o there_o have_v be_v great_a quantity_n of_o gold_n and_o silver_n bring_v into_o europe_n since_o the_o discovery_n of_o the_o west-indies_n yet_o the_o price_n of_o they_o have_v always_o rise_v and_o will_v always_o continue_v so_o as_o long_o as_o the_o people_n grow_v rich_a by_o trade_n which_o will_v make_v the_o occasion_n for_o they_o great_a than_o the_o quantity_n which_o be_v the_o rule_n by_o which_o all_o thing_n be_v make_v dear_a this_o continual_a rise_n of_o gold_n and_o silver_n will_v be_v no_o prejudice_n to_o the_o prince_n and_o state_n if_o they_o do_v but_o observe_v to_o