Selected quad for the lemma: money_n

Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n farthing_n penny_n shilling_n 1,765 5 11.4626 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A64303 Some short remarks upon Mr. Lock's book in answer to Mr. Lounds, and several other books and pamphlets concerning coin. By Sir Richard Temple, knight of the bath, and baronet. Temple, Richard, Sir, 1634-1697. 1696 (1696) Wing T633; ESTC R222149 3,320 13

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some_o short_a remark_n upon_o mr._n lock_n be_v book_n in_o answer_n to_o mr._n lounds_o and_o several_a other_o book_n and_o pamphlet_n concern_v coin_n by_o sir_n richard_n temple_n knight_n of_o the_o bath_n and_o baronet_n london_n print_v for_o richard_n baldwin_n near_o the_o oxford-arm_n inn_n in_o warwick-lane_n 1696._o some_o short_a remark_n upon_o mr._n lock_n be_v book_n etc._n etc._n although_o mr._n lock_v by_o all_o his_o write_n have_v just_o acquire_v the_o character_n of_o a_o very_a ingenious_a person_n yet_o without_o detract_n from_o his_o merit_n in_o this_o late_a discourse_n of_o he_o he_o have_v fall_v into_o the_o error_n which_o often_o attend_v those_o who_o write_v upon_o subject_n of_o which_o they_o have_v no_o practical_a knowledge_n or_o experieoce_fw-mi to_o frame_v notion_n and_o lay_v down_o supposition_n which_o be_v either_o false_a or_o fallacious_a of_o which_o my_o present_a design_n be_v only_o to_o give_v a_o short_a specimen_fw-la have_v not_o the_o leisure_n as_o yet_o to_o pursue_v so_o large_a a_o discourse_n first_o that_o a_o ounce_n of_o silver_n be_v of_o equal_a value_n to_o a_o ounce_n of_o silver_n of_o the_o same_o weight_n and_o finess_n admit_v of_o no_o dispute_n but_o that_o a_o ounce_n of_o silver_n will_v buy_v a_o ounce_n of_o silver_n of_o the_o like_a fineness_n be_v a_o absurd_a proposition_n since_o there_o be_v no_o occasion_n for_o any_o barter_n or_o exchange_n second_o that_o the_o intrinsic_a value_n of_o silver_n be_v the_o true_a instrument_n and_o measure_n of_o commerce_n be_v partly_o true_a and_o partly_o false_a for_o the_o money_n of_o every_o country_n and_o not_o the_o ounce_n of_o silver_n or_o the_o intrinsic_a value_n be_v the_o instrument_n and_o measure_n of_o commerce_n there_o according_a to_o its_o denomination_n and_o the_o standard_n of_o the_o coin_n of_o each_o nation_n be_v very_o different_a and_o do_v often_o vary_v according_a to_o time_n place_n and_o circumstance_n nor_o be_v the_o commodity_n of_o any_o country_n buy_v by_o foreign_a coin_n or_o bullion_n of_o the_o maker_n or_o first_o vender_n but_o by_o the_o coin_n of_o the_o country_n and_o be_v therefore_o buy_v by_o commodity_n they_o be_v first_o invest_v into_o the_o money_n of_o the_o country_n or_o if_o by_o foreign_a coin_n or_o bullion_n it_o must_v be_v also_o convert_v into_o the_o coin_n of_o the_o place_n before_o it_o can_v be_v useful_a for_o barter_n and_o the_o merchant_n or_o goldsmith_n will_v gain_v something_o to_o reduce_v it_o to_o the_o coin_n of_o the_o country_n unless_o the_o matter_n be_v transact_v by_o bill_n of_o exchange_n in_o which_o they_o endeavour_v as_o much_o as_o may_v be_v to_o make_v a_o par_fw-fr between_o the_o money_n of_o each_o country_n according_a to_o the_o intrinsic_a value_n and_o hence_o come_v the_o necessity_n and_o use_n of_o exchange_n nevertheless_o that_o intrinsic_a value_n be_v govern_v by_o the_o value_n of_o bullion_n in_o each_o country_n at_o that_o time_n which_o vary_v as_o other_o commodity_n do_v and_o other_o circumstance_n three_o bullion_n be_v a_o commodity_n and_o have_v no_o certain_a universal_a state_v price_n or_o value_n agree_v upon_o by_o mankind_n as_o he_o suppose_v but_o vary_v in_o every_o age_n and_o nation_n according_a to_o the_o scarcity_n plenty_n or_o use_v of_o it_o notwithstanding_o it_o must_v be_v allow_v that_o the_o silver_n come_v whole_o from_o the_o west-indies_n the_o price_n of_o it_o do_v govern_v the_o value_n in_o all_o europe_n nor_o do_v it_o vary_v so_o much_o as_o other_o commodity_n do_v unless_o there_o be_v some_o extraordinary_a accident_n of_o interrupt_v the_o trade_n to_o those_o part_n by_o reason_n of_o war_n etc._n etc._n or_o by_o the_o increase_n of_o the_o demand_n of_o it_o in_o europe_n or_o in_o some_o particular_a nation_n thereof_o and_o therefore_o be_v the_o fit_a to_o be_v the_o material_a for_o the_o instrument_n and_o measure_n of_o commerce_n viz._n mony_n four_o against_o his_o assertion_n that_o advance_v the_o denomination_n or_o lessen_v the_o weight_n or_o fineness_n of_o our_o coin_n will_v be_v a_o loss_n of_o so_o much_o to_o the_o land_a man_n in_o their_o rent_n and_o the_o creditor_n in_o their_o debt_n at_o least_o as_o to_o all_o bargain_n already_o make_v i_o offer_v to_o consideration_n that_o nothing_o be_v more_o evident_a than_o that_o such_o a_o change_n can_v have_v no_o such_o effect_n or_o consequence_n upon_o any_o thing_n at_o home_n but_o only_a exchange_n and_o commerce_n abroad_o for_o proof_n whereof_o i_o shall_v appeal_v to_o the_o historical_a part_n of_o mr._n lounds_o his_o book_n as_o to_o the_o frequent_a alteration_n of_o the_o standard_n in_o weight_n fineness_n and_o denomination_n here_o which_o be_v yet_o much_o more_o practise_v in_o other_o neighbour_a nation_n as_o i_o can_v easy_o demonstrate_v the_o standard_n of_o who_o coin_n be_v much_o below_o we_o and_o who_o have_v also_o grert_v quantity_n of_o coin_n of_o base_a alloy_n currant_n among_o they_o which_o they_o have_v never_o think_v fit_a to_o change_v even_o in_o the_o time_n of_o the_o great_a wealth_n or_o plenty_n among_o they_o for_o the_o ease_n of_o commerce_n at_o home_n and_o augment_v the_o species_n of_o mony_n five_o in_o the_o next_o place_n it_o be_v as_o evident_a that_o whatever_o the_o value_n of_o the_o coin_n be_v more_o or_o less_o it_o will_v have_v the_o same_o effect_n according_a to_o the_o price_n currant_n of_o it_o as_o to_o our_o home_n commerce_n for_o instance_n if_o our_o shilling_n be_v above_o the_o standard_n of_o all_o other_o nation_n and_o worth_a thirteen_o penny_n abroad_o as_o it_o have_v be_v for_o many_o year_n yet_o without_o melt_v or_o export_v or_o by_o way_n of_o exchange_n it_o will_v purchase_v no_o more_o than_o a_o clip_v shilling_n or_o twelve_o penny_n in_o halfpence_n or_o farthing_n and_o while_o our_o clip_v money_n pass_v and_o no_o discountenance_n put_v upon_o it_o we_o find_v no_o such_o rise_n of_o commodity_n or_o fall_v of_o our_o rent_n or_o damage_n to_o the_o subject_a in_o take_v it_o nor_o have_v it_o the_o same_o influence_n now_o as_o to_o any_o commodity_n that_o be_v not_o for_o foreign_a consumption_n since_o corn_n flesh_n etc._n etc._n have_v rise_v or_o fall_v according_a to_o the_o scarcity_n plenty_n or_o vent_v and_o not_o according_a to_o the_o value_n but_o denomination_n of_o money_n for_o these_o three_o year_n last_o pass_v before_o the_o project_n of_o recoining_a our_o money_n be_v set_v on_o foot_n which_o possible_o have_v of_o late_o make_v some_o alteration_n in_o these_o commodity_n also_o this_o indeed_o must_v be_v allow_v that_o when_o the_o standard_n of_o coin_n be_v by_o public_a authority_n for_o perpetuity_n alter_v from_o twenty_o penny_n to_o sixty_o two_o in_o point_n of_o denomination_n but_o not_o in_o weight_n or_o fineness_n between_o the_o time_n of_o edward_n iii_n and_o queen_n elizabeth_n by_o degree_n the_o price_n of_o commodity_n and_o rent_n do_v advance_v but_o the_o ounce_n of_o silver_n be_v general_o raise_v through_o all_o the_o world_n according_o and_o rather_o more_o abroad_a by_o reason_n of_o the_o frequent_a war_n upon_o the_o continent_n as_o also_o that_o of_o their_o be_v then_o the_o principal_a seat_n of_o trade_n and_o manufacture_n which_o require_v great_a supply_n of_o silver_n there_o be_v no_o loss_n as_o to_o the_o old_a rent_n sixthly_a to_o keep_v up_o a_o old_a standard_n under_o a_o old_a denomination_n below_o the_o value_n of_o bullion_n be_v the_o great_a folly_n imaginable_a and_o what_o be_v not_o practise_v in_o any_o other_o nation_n for_o which_o we_o have_v pay_v dear_a and_o yet_o be_v not_o grow_v wise_a for_o it_o first_o carry_v away_o all_o our_o gold_n which_o be_v very_o plentiful_a here_o in_o the_o time_n of_o king_n charles_n the_o first_o than_o all_o our_o old_a and_o broad_a money_n and_o last_o all_o our_o milled_a money_n which_o be_v as_o plentiful_a in_o king_n charles_n the_o second_v time_n notwithstanding_o the_o balance_n of_o trade_n be_v much_o on_o our_o side_n and_o have_v put_v a_o absolute_a stop_n to_o our_o mint_n as_o to_o silver_n for_o many_o year_n past_a and_o bring_v such_o a_o want_n of_o the_o species_n that_o our_o money_n be_v clip_v down_o to_o above_o half_a and_o yet_o not_o sufficient_a to_o keep_v out_o a_o vast_a quantity_n of_o false_a money_n to_o supply_v the_o defect_n and_o whereas_o it_o have_v be_v allege_v that_o the_o rise_v of_o guineas_n to_o 30_o s._n have_v be_v by_o a_o trick_n of_o the_o goldsmith_n their_o rise_n have_v be_v natural_o necessary_a and_o will_v have_v produce_v no_o ill_a effect_n can_v foreign_a guineas_n be_v keep_v out_o for_o at_o high_a they_o be_v advance_v not_o to_o a_o full_a three_o and_o our_o other_o coin_n by_o reason_n of_o its_o clip_v be_v not_o indeed_o worth_a a_o moiety_n in_o its_o intrinsic_a value_n and_o the_o counterfeit_n part_n much_o less_o take_v together_o last_o although_o it_o be_v desirable_a be_v we_o in_o better_a circumstance_n as_o to_o the_o balance_n of_o our_o trade_n that_o our_o silver_n money_n shall_v be_v keep_v up_o in_o weight_n and_o finess_n near_o the_o intrinsic_a value_n of_o bullion_n or_o at_o least_o the_o standard_n of_o our_o neighbour_n coin_n yet_o it_o ought_v always_o to_o below_o rather_o then_o above_o it_o to_o prevent_v the_o exportation_n of_o money_n instead_o of_o commodity_n and_o to_o bring_v bullion_n into_o the_o mint_n especial_o since_o the_o plenty_n of_o the_o species_n of_o money_n be_v the_o only_a thing_n that_o can_v advance_v trade_n and_o the_o value_n of_o land_n but_o as_o our_o present_a circumstance_n be_v there_o be_v a_o absolute_a necessity_n that_o we_o raise_v the_o denomination_n of_o our_o silver_n both_o in_o respect_n of_o gold_n and_o the_o over_o balance_n of_o our_o deal_n abroad_o if_o you_o will_v have_v any_o money_n at_o home_n to_o support_v commerce_n nor_o can_v such_o a_o advance_v hurt_v we_o in_o the_o least_o since_o at_o worst_a a_o broad_a they_o will_v only_o take_v their_o measure_n according_a to_o the_o intrinsic_a value_n or_o rather_o the_o standard_n of_o their_o own_o coin_n and_o if_o they_o raise_v their_o commodity_n proportionable_o it_o will_v bring_v we_o a_o double_a benefit_n to_o discourage_v the_o consumption_n whereof_o we_o be_v too_o prodigal_a and_o encourage_v the_o advance_n and_o consumption_n of_o our_o own_o commodity_n and_o keep_v our_o money_n at_o home_n which_o will_v be_v the_o least_o thing_n carry_v out_o when_o it_o will_v pass_v for_o more_o here_o than_o there_o as_o for_o guineas_n the_o fall_n of_o they_o be_v not_o only_o unnecessary_a but_o high_o prejudicial_a to_o the_o kingdom_n first_o because_o guineas_n have_v buy_v up_o all_o the_o silver_n money_n that_o be_v leave_v in_o the_o country_n and_o consequent_o leave_v we_o no_o other_o coin_n to_o carry_v on_o trade_n and_o subsistance_n and_o after_o the_o raise_n of_o seven_o million_o will_v be_v a_o tax_n of_o eight_o shilling_n and_o sixpence_n upon_o the_o subject_n and_o the_o plenty_n of_o silver_n money_n be_v the_o only_a thing_n that_o will_v reduce_v they_o gradual_o to_o conclude_v as_o to_o our_o forigne_a commerce_n the_o price_n of_o our_o commodity_n be_v raise_v according_o and_o therefore_o can_v not_o hurt_v we_o now_o if_o guineas_n fall_v all_o commodity_n must_v fall_v and_o the_o want_n of_o fix_v they_o at_o a_o certain_a price_n will_v cause_v a_o mighty_a loss_n and_o interruption_n in_o our_o traffic_n and_o this_o be_v certain_a that_o nothing_o but_o care_n of_o our_o trade_n at_o home_n and_o lessen_v the_o expense_n of_o our_o army_n abroad_o by_o have_v a_o free_a port_n alter_v the_o quota_n of_o our_o ally_n or_o capitulate_v with_o the_o dutch_a for_o the_o payment_n of_o the_o subsistance_n of_o our_o force_n in_o flanders_n can_v possible_o enable_v we_o to_o carry_v on_o our_o war_n trade_n and_o home_n commerce_n finis_fw-la