Selected quad for the lemma: money_n

Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n gold_n penny_n shilling_n 1,388 5 10.8599 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A64908 An essay, for regulating of the coyn wherein is also set forth, I. How we have lost that import of plate and bullion we formerly had, II. What is become of the great quantities of money coyned in the reign of King Charles II and the preceeding reigns, III. The necessity there is at this time to rectifie the present coyn of the kingdom, IV. By what methods the charge of calling in the present mony, and bringing it to a designed standard, may be accomplished, V. Whether the method proposed for the advancing of our mony (and the bullion of which its made) be convenient or inconvenient for the trade of the nation.. A. V. (A. Vickaris) 1695 (1695) Wing V337A; ESTC R18695 23,153 38

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of_o their_o coin_n here_o at_o home_n so_o consequent_o the_o good_n you_o bring_v be_v rate_v to_o cost_v you_o so_o let_v your_o trade_n be_v for_o money_n or_o in_o barter_n it_o tend_v to_o the_o same_o end_n and_o by_o it_o we_o lower_v our_o own_o product_n and_o manufactory_a and_o raise_v that_o of_o other_o nation_n and_o enrich_v they_o by_o our_o own_o ruin_n another_o reason_n that_o may_v be_v give_v for_o regulate_v our_o coin_n be_v because_o the_o poor_a sort_n of_o the_o people_n in_o the_o kingdom_n pay_v more_o than_o the_o amount_v of_o any_o tax_v lay_v on_o they_o for_o the_o support_n of_o the_o war_n have_v amount_v unto_o particular_o in_o coal_n corn_n and_o all_o thing_n make_v of_o leather_n these_o be_v buy_v and_o lay_v up_o by_o moneyed_a man_n who_o conclude_v thereby_o they_o shall_v see_v their_o principal_a and_o interest_n and_o prevent_v the_o loss_n which_o they_o apprehend_v may_v be_v by_o the_o coin_n when_o regulate_v and_o be_v a_o great_a occasion_n of_o the_o rise_n of_o most_o other_o thing_n another_o reason_n that_o may_v be_v give_v for_o the_o regulate_v of_o the_o coin_n may_v proceed_v from_o the_o baseness_n of_o the_o mettle_n and_o from_o the_o clip_v money_n which_o latter_a be_v of_o less_o value_n than_o coin_v for_o giveth_z encouragement_n to_o our_o neighbour_n to_o coin_n money_n of_o the_o like_a weight_n and_o probable_o not_o of_o the_o full_a alloy_n and_o bring_v it_o over_o here_o which_o may_v be_v believe_v from_o the_o great_a profit_n they_o may_v make_v and_o of_o consequence_n we_o may_v increase_v the_o national_a loss_n five_o hundred_o thousand_o pound_v a_o year_n together_o with_o the_o bad_a money_n that_o may_v be_v impose_v upon_o we_o by_o they_o and_o our_o own_o country_n man_n and_o it_o be_v not_o unlikely_a but_o the_o demand_n of_o bullion_n may_v arise_v the_o more_o from_o the_o expense_n this_o way_n for_o hitherto_o the_o importation_n of_o our_o own_o coin_n have_v not_o be_v regard_v or_o take_v notice_n of_o by_o the_o officer_n of_o the_o custom_n house_n or_o by_o other_o suppose_v it_o to_o be_v only_o a_o return_n of_o what_o be_v carry_v out_o by_o traveller_n soldier_n and_o seaman_n and_o money_n bring_v over_o in_o a_o bag_n seal_v up_o be_v so_o deliver_v to_o the_o person_n that_o go_v aboard_o for_o it_o therefore_o it_o will_v be_v more_o convenient_a to_o have_v all_o money_n and_o bullion_n lodge_v in_o some_o place_n and_o after_o it_o be_v inspect_v into_o deliver_v to_o the_o owner_n thereof_o whereby_o the_o false_a money_n may_v be_v find_v out_o when_o so_o import_v beside_o our_o soldier_n seaman_n and_o traveller_n take_v care_n to_o carry_v the_o best_a money_n out_o of_o the_o kingdom_n for_o though_o bad_a go_v here_o it_o will_v not_o with_o other_o nation_n and_o then_o its_o liable_a to_o be_v clip_v there_o and_o return_v we_o another_o reason_n that_o may_v be_v give_v for_o the_o regulate_v of_o our_o coin_n and_o bullion_n be_v that_o when_o it_o be_v so_o do_v the_o expense_n of_o the_o war_n may_v be_v carry_v on_o with_o less_o charge_n than_o now_o it_o be_v for_o all_o money_n for_o the_o supply_n of_o our_o fleet_n abroad_o cost_v the_o king_n twenty_o nine_o per_fw-la cent._n more_o than_o it_o may_v be_v do_v for_o when_o the_o money_n be_v regulate_v for_o they_o that_o have_v money_n abroad_o will_v not_o give_v it_o under_o five_o shilling_n and_o six_o penny_n a_o piece_n of_o eight_o because_o the_o silver_n in_o a_o piece_n of_o eight_o will_v yield_v they_o so_o much_o the_o charge_n and_o hazard_v of_o bring_v it_o home_o be_v deduct_v when_o tangier_n be_v in_o possession_n of_o the_o english_a that_o garrison_n be_v supply_v with_o piece_n of_o eight_o from_o cadiz_n at_o four_o shilling_n and_o four_o penny_n which_o now_o cost_v the_o nation_n to_o supply_v the_o fleet_n five_o shilling_n and_o six_o penny_n and_o be_v twenty_o nine_o and_o one_o six_o per_n cent._n difference_n and_o in_o five_o hundred_o thousand_o pound_n one_o hundred_o forty_o five_o thousand_o eight_o hundred_o and_o thirty_o three_o pound_n be_v save_v chap._n iu._n set_v forth_o by_o what_o method_n the_o charge_n of_o call_v in_o the_o present_a money_n and_o reduce_v it_o to_o a_o design_a standard_n may_v be_v accomplish_v for_o the_o make_n good_a the_o loss_n that_o may_v arise_v by_o the_o clip_v money_n i_o do_v not_o apprehend_v any_o method_n more_o effectual_a than_o the_o call_n in_o all_o the_o coin_a silver_n and_o gold_n and_o recoyning_a it_o into_o piece_n of_o the_o same_o denomination_n but_o of_o less_o value_n in_o substance_n and_o that_o value_v less_o in_o substance_n to_o be_v in_o proportion_n to_o what_o be_v requisite_a for_o make_v good_a the_o loss_n by_o the_o clip_a money_n which_o i_o do_v compute_v to_o be_v at_o least_o two_o million_o of_o pound_n sterling_n thus_o i_o suppose_v eight_o million_o of_o people_n and_o they_o to_o have_v twenty_o shilling_n one_o with_o another_o in_o coin_a silver_n and_o that_o three_o quarter_n of_o it_o be_v clip_v which_o be_v six_o million_o and_o that_o one_o three_o of_o that_o be_v clip_v and_o wear_v away_o so_o that_o two_o million_o will_v be_v the_o sum_n require_v to_o make_v the_o same_o good_a it_o can_v be_v imagine_v that_o i_o have_v undertake_v to_o treat_v on_o this_o subject_a without_o make_v some_o inquiry_n into_o the_o quantity_n of_o the_o money_n there_o may_v be_v and_o what_o may_v be_v lose_v by_o the_o clip_a coyn._n and_o although_o i_o may_v err_v in_o the_o computation_n of_o the_o quanity_n yet_o the_o quality_n may_v be_v pretty_a near_o compute_v and_o upon_o trial_n i_o have_v find_v that_o five_o shilling_n of_o milled-mony_n have_v weigh_v eight_o shilling_n of_o the_o present_a currant_n money_n and_o three_o shilling_n of_o the_o eight_o be_v not_o clip_v only_o wear_v again_o i_o have_v find_v ten_o shilling_n in_o mill'd-mony_n to_o weigh_v twenty_o one_o shilling_n of_o the_o clip_v mony_n again_o twenty_o shilling_n mill'd-mony_n to_o weigh_v forty_o three_o shilling_n of_o our_o now_o currant_n mony_n i_o have_v go_v to_o several_a goldsmith_n in_o london_n and_o have_v get_v they_o to_o take_v out_o of_o their_o counter_n a_o bag_n of_o one_o hundred_o pound_n as_o come_v to_o hand_n which_o upon_o trial_n i_o have_v find_v at_o one_o place_n to_o weigh_v  _fw-fr oz._n dw_n gr_n a_o bag_n of_o 100_o l._n 230_o 13_o 6_o another_o place_n 100_o l._n weigh_v 222_o  _fw-fr 15_o another_o place_n 198_o 17_o  _fw-fr another_o place_n 190_o  _fw-fr  _fw-fr another_o place_n 182_o 3_o  _fw-fr another_o place_n 174_o 11_o 20_o  _fw-fr 1198_o 05_o 17_o the_o six_o hundred_o pound_n weigh_v in_o all_o one_o thousand_o one_o hundred_o ninety_o eight_o ounce_n five_o penny_n weight_n and_o seventeen_o grain_n and_o be_v no_o more_o than_o what_o three_o hundred_o and_o ten_o pound_n in_o mill'd-mony_n will_v weigh_v i_o be_o inform_v the_o money_n pay_v into_o the_o exchequer_n do_v weigh_v from_o fifteen_o and_o seldom_o the_o 100_o l._n reach_v to_o twenty_o pound_n weight_n so_o that_o the_o very_o best_a bring_v in_o there_o do_v not_o weigh_v two_o three_o of_o what_o it_o ought_v to_o do_v and_o the_o money_n pay_v into_o the_o exchequer_n be_v suppose_v a_o great_a part_n of_o it_o to_o come_v from_o the_o country_n but_o as_o it_o be_v believe_v that_o the_o money_n in_o the_o country_n be_v general_o not_o the_o one_o half_a so_o bad_a as_o it_o be_v in_o and_o near_a london_n i_o have_v procure_v a_o account_n to_o be_v send_v i_o from_o the_o follow_a city_n from_o whence_o i_o be_o inform_v that_o one_o hundred_o pound_n do_v weigh_v on_o trial_n of_o two_o bag_n in_o each_o place_n to_o be_v viz._n  _fw-fr oz._n dw_n gr_n in_o the_o city_n of_o bristol_n one_o bag_n of_o 100_o l._n weigh_v 240_o 00_o 00_o another_o weigh_v 227_o 15_o 00_o in_o the_o city_n of_o cambridge_n a_o bag_n of_o 100_o l._n weigh_v 203_o 05_o 10_o another_o weigh_v 211_o 00_o 19_o in_o the_o city_n of_o exon_n one_o bag_n of_o 100_o l._n weigh_v 180_o 07_o 00_o another_o weigh_v 192_o 03_o 00_o in_o the_o city_n of_o oxford_n 100_o l._n in_o half_a crown_n weigh_v 216_o 10_o 00_o 100_o in_o shilling_n 198_o 00_o 15_o oz._n 1669_o 01_o 20_o the_o eight_o hundred_o pound_n weigh_v sixteen_o hundred_o and_o sixty_o nine_o ounce_n one_o penny_n weight_n and_o twenty_o grain_n and_o be_v not_o more_o than_o four_o hundred_o thirty_o one_o pound_n fifteen_o shilling_n of_o mill'd-mony_n will_v weigh_v and_o but_o a_o very_a small_a difference_n between_o the_o weight_n of_o the_o money_n in_o london_n and_o the_o country_n and_o if_o
the_o coin_n and_o plate_n be_v advance_v eight_o and_o one_o three_o per_fw-la cent._n it_o will_v raise_v on_o million_o three_o hundred_o thirty_o three_o thousand_o three_o hundred_o thirty_o three_o pound_n six_o shilling_n and_o eight_o penny_n and_o then_o if_o not_o all_o recoyn_v  _fw-fr l._n s._n d._n the_o guinney_n must_v pass_v for_o 1_o 03_o 03½_n the_o crown_n for_o 0_o 05_o 05_o the_o half_a crown_n for_o 0_o 02_o 08½_n the_o shilling_n for_o 0_o 01_o 01_o the_o six_o penny_n for_o 0_o 00_o 06½_n if_o our_o coin_n and_o blate_a etc._n etc._n be_v raise_v twelve_o and_o a_o half_a per_fw-la cent._n it_o will_v raise_v two_o million_o and_o if_o not_o all_o recoyn_v then_o  _fw-fr l._n s._n d._n the_o guinney_n must_v pass_v for_o 1_o 04_o 02¼_n the_o crown_n for_o 0_o 05_o 07½_n the_o half_a crown_n for_o 0_o 02_o 09¾_n the_o shilling_n for_o 0_o 01_o 01½_n the_o six_o penny_n for_o 0_o 00_o 06¾_n another_o reason_n that_o may_v be_v give_v for_o the_o recover_v all_o the_o present_a money_n both_o clip_v and_o unclipped_a be_v because_o its_o impossible_a for_o to_o coin_v new_a money_n in_o proportion_n to_o the_o value_n of_o the_o old_a for_o the_o old_a money_n have_v be_v already_o cull_v and_o the_o weight_a go_v and_o what_o if_o leave_v be_v light_a and_o wear_v so_o that_o the_o new_a coin_n will_v be_v still_o better_o if_o not_o abate_v in_o substance_n and_o that_o can_v be_v because_o there_o be_v a_o great_a difference_n in_o the_o weight_n of_o the_o piece_n of_o money_n so_o that_o still_o the_o new_a coin_n will_v go_v from_o we_o or_o be_v melt_v down_o and_o the_o old_a remain_n and_o the_o same_o inconveniency_n there_o will_v be_v to_o have_v more_o alloy_n in_o one_o than_o the_o other_o if_o these_o difficulty_n can_v be_v overcome_v i_o agree_v with_o you_o it_o will_v save_v a_o considerable_a charge_n and_o trouble_v and_o the_o memory_n of_o the_o precede_a king_n and_o queen_n will_v be_v the_o better_o retain_v from_o the_o keep_n of_o their_o coyn._n object_n but_o if_o you_o recoyn_v all_o the_o present_a money_n in_o the_o kingdom_n in_o the_o interval_n where_o shall_v we_o have_v money_n to_o carry_v on_o our_o trade_n and_o for_o household_n expense_n etc._n etc._n answer_v first_o i_o will_v have_v the_o twelve_o and_o a_o half_a per_fw-la cent._n raise_v out_o of_o the_o uncoyned_a silver_n and_o gold_n and_o the_o same_o coin_a into_o shilling_n and_o six_o penny_n piece_n which_o may_v amount_v to_o a_o million_o of_o pound_n then_o i_o will_v have_v the_o half_a crown_n that_o be_v clip_v call_v in_o and_o coin_a into_o shilling_n and_o six_o penny_n piece_n also_o and_o pay_v for_o out_o of_o the_o money_n coin_a from_o the_o household_n plate_n and_o gold_n etc._n etc._n as_o far_o as_o it_o will_v go_v and_o if_o they_o amount_v to_o more_o than_o note_n to_o be_v give_v for_o the_o over_o plus_fw-fr which_o shall_v be_v as_o currant_n money_n until_o the_o half_a crown_n be_v new_a coin_a and_o deliver_v out_o when_o the_o half_a crown_n be_v pay_v for_o then_o i_o will_v have_v the_o clip_v shilling_n and_o six_o penny_n piece_n call_v in_o and_o new_a coin_a into_o half_a crown_n then_o the_o unclipped_a money_n call_v in_o and_o coin_a into_o crown_n and_o the_o gold_n into_o guinney_n and_o half_a guinney_n and_o all_o money_n unclipped_a shall_v pass_v in_o proportion_n to_o the_o rise_n of_o the_o money_n immediate_o and_o bring_v into_o the_o mint_n and_o stamp_v pay_v the_o twelve_o and_o a_o half_a per_fw-la cent._n and_o by_o this_o method_n we_o may_v carry_v on_o our_o trade_n and_o supply_v ourselves_o for_o household_n expense_n etc._n etc._n till_o the_o whole_a be_v finish_v object_n but_o notwithstanding_o you_o by_o your_o calculation_n do_v make_v the_o loss_n by_o the_o clip_a money_n to_o amount_v to_o two_o million_o of_o pound_n and_o bring_v a_o computation_n thereof_o from_o what_o you_o have_v have_v weigh_v yet_o it_o can-neve_a be_v believe_v to_o be_v so_o much_o for_o you_o do_v not_o consider_v that_o since_o the_o rise_n of_o the_o gold_n that_o great_a quantity_n of_o mill_v and_o unclipped_a money_n have_v be_v hoard_v up_o in_o lieu_n of_o the_o gold_n expect_v a_o advantage_n by_o the_o silver_n whenever_o the_o coin_n be_v regulate_v therefore_o you_o must_v undoubted_o have_v over_o compute_v the_o loss_n and_o of_o consequence_n the_o sum_n require_v to_o make_v it_o good_a and_o therefrom_o you_o do_v but_o disquiet_v the_o people_n and_o make_v the_o regulation_n of_o the_o coin_n more_o difficult_a answer_n if_o i_o have_v over_o compute_v the_o loss_n it_o will_v not_o be_v so_o great_a a_o error_n as_o if_o it_o have_v be_v under_o compute_v for_o shall_v it_o fall_v short_a and_o a_o stop_v be_v put_v to_o the_o execution_n of_o the_o whole_a then_o what_o may_v be_v do_v may_v be_v to_o do_v again_o by_o that_o time_n you_o can_v raise_v money_n for_o it_o and_o then_o also_o it_o can_v be_v by_o the_o same_o method_n have_v coin_a at_o first_o in_o proprortion_n to_o your_o first_o computation_n but_o by_o be_v over_o it_o may_v be_v apply_v to_o the_o charge_n of_o the_o war_n for_o which_o money_n must_v be_v raise_v but_o you_o will_v find_v i_o have_v compute_v it_o also_o for_o six_o hundred_o sixty_o six_o thousand_o six_o hundred_o sixty_o six_o pound_n thirteen_o shilling_n and_o four_o penny_n which_o be_v four_o and_o one_o six_o per_n cent._n advance_v than_o i_o have_v compute_v it_o for_o one_o million_o three_o hundred_o thirty_o three_o thousand_o three_o hundred_o thirty_o three_o pound_n six_o shilling_n and_o eight_o penny_n which_o be_v eight_o and_o one_o three_o per_fw-la cent._n advance_v and_o then_o for_o two_o million_o of_o pound_n which_o be_v twelve_o and_o a_o half_a per_fw-la cent._n advance_v so_o that_o either_o of_o these_o may_v be_v take_v as_o may_v be_v find_v necessary_a but_o if_o the_o coin_a and_o uncoyned_a silver_n and_o gold_n in_o the_o kingdom_n shall_v be_v but_o eight_o million_o as_o some_o compute_v and_o one_o million_o require_v to_o make_v good_a the_o loss_n yet_o twelve_o and_o a_o half_a per_fw-la cent._n must_v be_v raise_v for_o as_o the_o loss_n by_o the_o one_o abate_v so_o do_v the_o value_n of_o the_o other_o in_o proportion_n prove_v less_o object_n but_o it_o will_v be_v unreasonable_a that_o every_o one_o shall_v be_v oblige_v to_o carry_v their_o plate_n to_o the_o tower_n or_o to_o the_o next_o market_n town_n they_o live_v at_o because_o some_o may_v live_v mile_n from_o a_o market_n and_o many_o of_o those_o gentry_n that_o may_v have_v more_o plate_n and_o unclipped_a money_n than_o they_o will_v run_v the_o hazard_n of_o to_o carry_v to_o and_o from_o the_o next_o market_n town_n answer_v in_o such_o a_o case_n the_o person_n or_o person_n appoint_v for_o the_o stamp_v of_o plate_n etc._n etc._n may_v go_v to_o the_o house_n of_o any_o person_n where_o they_o be_v advise_v to_o be_v above_o fifty_o pound_n value_n of_o plate_n to_o be_v stamp_v or_o any_o villiage_n where_o they_o may_v bring_v it_o all_o to_o one_o house_n in_o the_o say_a villiage_n to_o have_v it_o do_v object_n but_o how_o will_v it_o be_v possible_a for_o such_o small_a thing_n as_o the_o watch_n ring_n and_o other_o small_a thing_n make_v of_o gold_n and_o silver_n to_o be_v stamp_v and_o if_o they_o be_v not_o stamp_v or_o mark_v how_o shall_v it_o be_v know_v which_o of_o they_o have_v and_o which_o of_o they_o have_v not_o pay_v answer_v it_o be_v very_o true_a there_o may_v be_v a_o great_a many_o thing_n make_v of_o silver_n and_o gold_n that_o can_v bear_v stamp_v or_o mark_v now_o they_o be_v make_v up_o but_o there_o be_v nothing_o but_o what_o may_v when_o make_v therefore_o it_o will_v be_v necessary_a that_o a_o order_n may_v be_v give_v for_o the_o future_a to_o have_v the_o date_n of_o the_o year_n or_o any_o ooth_a mark_v put_v on_o all_o such_o thing_n as_o shall_v be_v make_v for_o the_o future_a and_o thereby_o they_o will_v be_v know_v not_o liable_a for_o to_o pay_v and_o for_o those_o thing_n that_o be_v already_o make_v a_o cirtificate_n may_v be_v give_v what_o have_v pay_v specify_v the_o parcel_n and_o to_o what_o value_n as_o near_o as_o can_v be_v guess_v and_o no_o body_n shall_v buy_v any_o such_o thing_n but_o the_o owner_n shall_v produce_v the_o certificate_n to_o have_v pay_v the_o twelve_o and_o a_o half_a per_fw-la cent._n but_o this_o not_o to_o excuse_v what_o can_v be_v stamp_v or_o mark_v object_n but_o many_o people_n may_v be_v desirous_a to_o keep_v the_o old_a coin_n by_o they_o either_o to_o the_o respect_n they_o
our_o trade_n will_v not_o more_o effectual_o answer_v the_o end_n propose_v than_o the_o raise_n of_o our_o money_n plate_n and_o pullion_n for_o if_o our_o import_v do_v exceed_v our_o export_n of_o consequence_n the_o balance_n of_o our_o trade_n must_v be_v pay_v in_o bullion_n or_o coin_n or_o our_o trade_n must_v sink_v answer_v that_o the_o improvement_n of_o our_o trade_n will_v increase_v our_o coin_n and_o bullion_n be_v most_o certain_a and_o be_v of_o as_o great_a importance_n that_o the_o prosecution_n thereof_o be_v carry_v on_o for_o that_o end_n as_o far_o as_o the_o present_a circumstance_n of_o our_o nation_n will_v permit_v during_o the_o war_n which_o may_v extend_v so_o far_o as_o to_o balance_v our_o trade_n with_o other_o nation_n and_o also_o contribute_v towards_o the_o necessary_a expense_n of_o the_o war_n abroad_o but_o the_o regulate_v of_o our_o trade_n can_v never_o answer_v the_o regulate_v of_o our_o coin_n and_o make_v good_a our_o clip_v money_n which_o must_v be_v do_v either_o by_o raise_v the_o value_n or_o the_o raise_n of_o a_o tax_n to_o make_v the_o same_o good_a which_o be_v the_o next_o thing_n to_o be_v consider_v of_o whether_o it_o be_v not_o more_o the_o interest_n of_o the_o nation_n to_o raise_v a_o tax_n and_o make_v good_a the_o clip_a money_n and_o keep_v it_o up_o to_o its_o former_a standard_n than_o by_o raise_v the_o value_n thereof_o and_o the_o bullion_n of_o which_o its_o m●de_n with_o s●●●ission_n to_o better_a judgement_n i_o do_v apprehend_v it_o 〈…〉_o r●st_o of_o our_o nation_n to_o raise_v our_o coin_n plate_n and_o 〈…〉_o to_o raise_v a_o tax_n for_o the_o make_v go●d_v the_o clip_v 〈…〉_o ●hi●h_o at_o this_o juncture_n of_o time_n or_o during_o the_o war_n can●●●_n 〈◊〉_d execute_v for_o these_o follow_a reason_n f●●s●_n shall_v the_o parliament_n find_v out_o a_o way_n to_o raise_v a_o tax_n of_o two_o million_o of_o money_n for_o the_o make_v good_a the_o clip_a coin_n such_o a_o tax_n in_o conjunction_n with_o what_o must_v be_v necessary_o raise_v for_o the_o support_n of_o the_o war_n will_v be_v of_o as_o ill_a consequence_n to_o raise_v in_o one_o year_n as_o the_o make_v good_a the_o clip_a coin_n be_v necessary_a for_o there_o will_v be_v a_o further_a tax_n or_o loss_n to_o the_o people_n which_o i●_n equivalent_a of_o one_o million_o of_o money_n if_o not_o more_o by_o the_o bad_a coyn._n and_o more_o one_o million_o two_o hundred_o seventy_o five_o thousand_o pound_n by_o the_o fall_n one_o guinny_v which_o they_o will_v do_v when_o the_o silver_n coin_n be_v regulate_v and_o compute_v but_o three_o million_o of_o they_o and_o in_o old_a gold_n so_o that_o four_o million_o two_o hundred_o seventy_o five_o thousand_o pound_n will_v be_v the_o sum_n the_o nation_n must_v pay_v or_o will_v suffer_v one_o way_n or_o other_o beside_o what_o must_v be_v raise_v for_o the_o support_n of_o the_o war._n and_o when_o a_o tax_n be_v give_v for_o two_o million_o of_o money_n for_o the_o make_v good_a the_o clip_a coin_n it_o will_v be_v a_o year_n in_o the_o raise_n beside_o the_o charge_n and_o another_o year_n before_o the_o money_n can_v be_v recoyn_v in_o which_o time_n we_o shall_v too_o sensible_o increase_v our_o debt_n on_o the_o balance_n of_o trade_n and_o although_o the_o money_n shall_v be_v anticipate_v yet_o than_o it_o must_v increase_v the_o charge_n from_o the_o interest_n thereof_o but_o this_o must_v be_v effectual_a money_n and_o not_o credit_n so_o that_o it_o will_v be_v the_o more_o difficult_a to_o raise_v consider_v at_o the_o same_o time_n the_o bad_a money_n go_v not_o nor_o the_o guinny_v for_o above_o twenty_o one_o shilling_n and_o six_o penny_n beside_o shall_v our_o money_n be_v recoyn_v of_o the_o same_o weight_n and_o value_n and_o fineness_n as_o it_o go_v for_o before_o we_o have_v no_o great_a security_n of_o keep_v it_o in_o the_o nation_n than_o we_o have_v or_o can_v we_o thereby_o prevent_v its_o be_v melt_v down_o for_o it_o have_v be_v the_o value_n of_o our_o silver_n in_o the_o milled-money_n that_o have_v be_v the_o occasion_n of_o its_o be_v melt_v down_o for_o exportation_n or_o make_v up_o into_o plate_n here_o now_o the_o reason_n why_o i_o apprehend_v and_o affirm_v it_o to_o be_v the_o value_n of_o our_o coin_n that_o have_v be_v the_o occasion_n of_o its_o be_v melt_v down_o be_v this_o silver_n and_o gold_n be_v none_o of_o our_o own_o product_n but_o be_v bring_v from_o the_o west-indies_n guinney_n and_o barbary_n and_o nothing_o that_o come_v from_o foreign_a part_n in_o time_n of_o war_n but_o cost_v more_o than_o in_o time_n of_o peace_n as_o we_o find_v here_o in_o england_n at_o the_o break_n out_o of_o the_o war_n all_o foreign_a commodity_n immediate_o be_v rise_v proportionable_o to_o the_o distance_n from_o whence_o they_o come_v and_o the_o hazard_n thereof_o as_o do_v our_o silver_n and_o gold_n for_o those_o that_o have_v any_o in_o bullion_n by_o they_o at_o the_o break_n out_o of_o the_o war_n be_v sensible_a it_o will_v be_v worth_n more_o be_v before_o the_o war_n they_o can_v insure_v 100_o worth_n of_o bullion_n home_o to_o england_n by_o a_o good_a man_n of_o war_n at_o own_o guiney_n per_fw-la cent._n which_o afterward_o will_v and_o do_v cost_v seven_o per_fw-la cent._n here_o therefore_o be_v a_o reasonable_a rise_n for_o our_o bullion_n but_o still_o this_o be_v not_o all_o in_o time_n of_o war_n we_o have_v not_o those_o frequent_a supply_n as_o in_o time_n of_o peace_n this_o bring_v a_o scarcity_n of_o it_o and_o that_o again_o raise_v it_o more_o and_o more_o from_o whence_o people_n find_v the_o profit_n that_o may_v be_v make_v by_o melt_v down_o of_o the_o coin_n do_v it_o other_o they_o clip_v it_o and_o thence_o again_o become_v another_o reason_n for_o the_o rise_n of_o the_o bullion_n the_o badness_n of_o the_o coin_n and_o the_o demand_n of_o plate_n therefrom_o and_o when_o the_o material_n of_o which_o any_o commodity_n be_v make_v be_v dear_a it_o be_v evident_a that_o commodity_n must_v rise_v as_o when_o corn_n be_v dear_a bread_n rise_v and_o when_o wool_n be_v dear_a our_o seiges_n rise_v and_o so_o for_o other_o thing_n and_o consequent_o i_o think_v that_o our_o coin_n ought_v to_o be_v raise_v and_o i_o can_v but_o think_v the_o king_n of_o france_n do_v raise_v his_o money_n at_o the_o open_n of_o the_o war_n for_o this_o reason_n and_o have_v be_v make_v use_n of_o several_a time_n it_o be_v not_o to_o be_v doubt_v but_o a_o advantage_n have_v be_v find_v thereby_o and_o a_o main_a support_n to_o he_o in_o the_o present_a war._n and_o this_o be_v another_o reason_n for_o the_o raise_v our_o coin_n twelve_o and_o a_o half_a per_fw-la cent._n and_o our_o plate_n and_o bullion_n and_o money_n that_o be_v import_v to_o pay_v but_o seven_o and_o a_o half_a or_o ten_o per_fw-la cent._n now_o since_o the_o method_n for_o the_o increase_n of_o our_o bullion_n and_o keep_v of_o our_o coin_n by_o the_o improvement_n of_o our_o trade_n and_o manufactory_a have_v no_o influence_n to_o remedy_v our_o present_a clip_a money_n we_o ought_v to_o pursue_v those_o method_n that_o will_v do_v it_o which_o be_v by_o raise_v of_o our_o coin_n and_o the_o bullion_n of_o which_o it_o be_v make_v and_o i_o be_o persuade_v will_v be_v more_o agreeable_a to_o the_o people_n than_o the_o raise_n a_o tax_n to_o make_v the_o same_o good_a 〈◊〉_d have_v be_v already_o do_v without_o a_o act_n of_o parliament_n therefore_o it_o may_v be_v believe_v will_v be_v content_v a_o act_n shall_v pass_v for_o it_o for_o from_o the_o raise_n of_o our_o coin_n we_o shall_v reap_v these_o advantage_n first_o there_o will_v be_v two_o million_o less_o to_o raise_v by_o a_o tax_n on_o the_o people_n second_o what_o be_v raise_v for_o the_o support_n of_o the_o war_n they_o will_v be_v better_a able_a and_o will_v more_o cheerful_o pay_n three_o it_o will_v give_v a_o large_a extent_n to_o the_o cash_n of_o the_o nation_n and_o thereby_o lower_v the_o interest_n of_o money_n four_o therefrom_o it_o will_v increase_v our_o trade_n and_o manufactory_a and_o from_o it_o our_o navigation_n five_o again_o from_o their_o improvement_n will_v arise_v the_o value_n of_o land_n six_o we_o shall_v be_v the_o better_a able_a to_o hold_v out_o the_o charge_n of_o the_o war_n and_o he_o that_o can_v spend_v the_o last_o pound_n be_v like_a to_o prove_v the_o victor_n for_o its_o money_n that_o suppli_v man_n and_o all_o other_o instrument_n of_o war_n offensive_a and_o defensive_a the_o objection_n that_o may_v be_v against_o the_o raise_n of_o our_o coin_n and_o bullion_n may_v be_v these_o object_n but_o the_o coin_n of_o
those_o country_n that_o have_v any_o have_v be_v the_o measure_n or_o standard_n in_o all_o time_n of_o our_o trade_n and_o commerce_n from_o one_o place_n to_o another_o and_o of_o consequence_n if_o we_o lower_v or_o raise_v we_o in_o value_n it_o will_v be_v of_o no_o validity_n for_o the_o end_n propose_v but_o may_v be_v of_o great_a trouble_n to_o our_o merchant_n and_o put_v a_o stop_n in_o our_o trade_n until_o such_o time_n as_o it_o can_v again_o be_v regulate_v according_a to_o the_o rise_n or_o fall_v of_o our_o money_n answer_n the_o objection_n have_v be_v very_o reasonable_a if_o it_o have_v be_v make_v by_o the_o subject_n of_o the_o king_n of_o spain_n or_o portugal_n or_o by_o any_o people_n or_o nation_n that_o be_v oblige_v to_o suffer_v or_o connive_v at_o the_o export_n of_o their_o coin_n and_o bullion_n as_o not_o have_v sufficient_a manufactory_a of_o their_o own_o to_o give_v in_o return_n for_o the_o good_n that_o be_v expend_v of_o other_o country_n among_o they_o and_o those_o that_o carry_v such_o a_o kingdom_n or_o nation_n any_o sort_n of_o merchandise_n and_o in_o return_n or_o exchange_n receive_v coin_a money_n or_o bullion_n i_o will_v allow_v they_o must_v make_v a_o computation_n of_o the_o weight_n and_o alloy_n thereof_o that_o it_o may_v so_o correspond_v with_o that_o country_n they_o carry_v it_o too_o as_o that_o they_o may_v not_o lose_v by_o it_o but_o i_o deny_v that_o our_o coin_a silver_n or_o gold_n have_v be_v be_v or_o aught_o to_o be_v standard_n for_o any_o commodity_n that_o be_v import_v but_o to_o those_o people_n that_o export_n our_o coin_n or_o bullion_n in_o return_n for_o they_o and_o that_o that_o trade_n that_o do_v require_v it_o be_v the_o most_o pernicious_a trade_n to_o our_o nation_n and_o the_o effect_n of_o raise_v of_o our_o coin_n will_v have_v this_o benefit_n that_o the_o good_n of_o such_o a_o kingdom_n or_o nation_n will_v advance_v in_o proportion_n to_o the_o rise_n of_o our_o coin_n and_o bullion_n and_o therefrom_o discourage_v the_o importation_n of_o commodity_n that_o be_v introduce_v and_o we_o can_v be_v without_o and_o prevent_v the_o offence_n that_o may_v be_v give_v to_o such_o a_o kingdom_n or_o nation_n by_o a_o prohibition_n which_o will_v be_v otherwise_o requisite_a and_o by_o this_o mean_v we_o may_v the_o better_a balance_n our_o trade_n with_o they_o but_o still_o suppose_v we_o import_n from_o every_o kingdom_n or_o nation_n and_o people_n we_o trade_n with_o more_o of_o their_o commodity_n than_o we_o do_v export_n to_o they_o and_o that_o the_o balance_n of_o the_o account_n of_o trade_n may_v import_n one_o million_o of_o pound_n sterling_n a_o year_n for_o it_o be_v evident_a it_o have_v not_o be_v always_o so_o which_o for_o the_o discharge_n of_o the_o debt_n so_o contract_v by_o our_o trade_n it_o be_v requisite_a you_o will_v say_v money_n or_o bullion_n must_v go_v out_o of_o the_o kingdom_n to_o pay_v the_o balance_n and_o will_v do_v notwithstanding_o any_o law_n to_o the_o contrary_a that_o our_o import_v do_v exceed_v the_o value_n of_o our_o export_n now_o be_v not_o to_o be_v admire_v since_o we_o lose_v as_o much_o money_n as_o it_o be_v advance_v in_o value_n by_o our_o export_n so_o long_o as_o the_o coin_n go_v unregulate_v as_o i_o have_v show_v in_o the_o three_o chapter_n of_o this_o book_n and_o if_o we_o lose_v thereby_o but_o two_o million_o a_o year_n when_o our_o coin_n be_v regulate_v we_o shall_v bring_v they_o in_o debtor_n on_o the_o balance_n of_o trade_n on_o million_o a_o year_n which_o will_v supply_v the_o expense_n of_o our_o fleet_n and_o army_n abroad_o without_o have_v occasion_n to_o send_v out_o coin_n or_o bullion_n object_n but_o you_o give_v we_o a_o example_n that_o the_o rise_v of_o our_o gold_n and_o silver_n be_v so_o great_a a_o disadvantage_n to_o the_o trade_n of_o the_o nation_n that_o from_o the_o present_a advance_v that_o if_o we_o trade_n for_o nine_o million_o we_o lose_v three_o thereof_o from_o our_o export_n and_o yet_o you_o yourself_o propose_v a_o method_n and_o will_v have_v it_o raise_v twelve_o and_o a_o half_a or_o eight_o one_o three_o of_o four_o one_o six_o per_n cent._n as_o there_o may_v be_v find_v occasion_n which_o seem_v a_o paradox_n to_o your_o proposition_n for_o as_o i_o apprehend_v it_o we_o shall_v then_o lose_v in_o proportion_n to_o the_o rise_n that_o may_v be_v make_v on_o the_o coin_n and_o bullion_n answer_v it_o may_v be_v so_o suppose_v by_o those_o that_o have_v not_o well_o consider_v the_o proposal_n itself_o but_o you_o will_v find_v my_o proposal_n different_a from_o what_o have_v be_v practise_v by_o other_o kingdom_n and_o that_o the_o advantage_n by_o the_o raise_n of_o our_o coin_n and_o bullion_n will_v not_o accrue_v to_o any_o particular_a person_n but_o to_o the_o nation_n in_o general_n for_o the_o twelve_o and_o a_o half_a per_fw-la cent._n i_o propose_v to_o have_v take_v out_o of_o the_o gold_n and_o silver_n either_o in_o coin_n plate_n or_o bullion_n that_o go_v to_o make_v good_a the_o present_a extraordinary_a want_n in_o the_o clip_a money_n and_o loss_n by_o the_o rise_n of_o guinny_v for_o if_o i_o pay_v eighty_o seven_o pound_n ten_o shilling_n for_o good_n that_o i_o export_n and_o twelve_o pound_n ten_o shilling_n to_o the_o nation_n i_o can_v sell_v these_o good_n under_o one_o hundred_o pound_n ●nd_v yet_o those_o good_n shall_v not_o be_v the_o dear_a abroad_o than_o be●●re_v whereby_o the_o expense_n of_o they_o will_v not_o be_v obstruct_v object_n but_o if_o our_o coin_n and_o bullion_n be_v raise_v all_o thing_n whatsoever_o will_v rise_v as_o it_o do_v in_o spain_n and_o portugal_n and_o therefore_o we_o have_v better_o raise_v a_o tax_n and_o make_v good_a the_o clip_a money_n than_o leave_v it_o to_o the_o mercy_n of_o each_o trader_n to_o do_v beside_o they_o be_v likely_a to_o continue_v it_o and_o if_o tax_v by_o parliament_n it_o may_v be_v but_o for_o a_o certain_a time_n answer_v i_o do_v affirm_v it_o to_o be_v a_o general_a mistake_n and_o do_v appeal_v to_o those_o person_n that_o live_v in_o spain_n or_o in_o portugal_n at_o that_o time_n of_o the_o rise_n of_o their_o money_n in_o either_o of_o those_o kingdom_n for_o nothing_o do_v rise_v that_o be_v the_o product_n of_o their_o country_n as_o their_o corn_n oil_n wine_n fruit_n house-rent_a salary_n etc._n etc._n for_o what_o eight_o rial_n of_o the_o old_a money_n will_v pay_v for_o eight_o of_o the_o new_a will_v answer_v which_o be_v twenty_o per_fw-la cent._n of_o less_o value_n in_o spain_n and_o nothing_o but_o what_o be_v import_v into_o those_o kindom_n do_v raise_v and_o not_o the_o export_n of_o their_o own_o growth_n and_o manufactory_a which_o as_o i_o have_v already_o hint_v procee_v from_o the_o account_n that_o foreign_a merchant_n make_v of_o their_o money_n by_o reduce_v it_o to_o the_o standard_n of_o the_o country_n they_o send_v it_o to_o which_o also_o proceed_v from_o the_o want_n of_o manufacory_n of_o their_o own_o to_o balance_n the_o account_n of_o trade_n and_o therefore_o they_o do_v though_o against_o their_o law_n connive_v at_o the_o export_n of_o plate_n and_o bullion_n for_o if_o they_o do_v not_o they_o can_v not_o maintain_v their_o indies_n nor_o have_v manufactory_n of_o their_o own_o country_n to_o supply_v they_o and_o from_o whence_o be_v bring_v the_o treasure_n to_o spain_n and_o they_o not_o be_v supply_v with_o apparel_n and_o those_o necessary_n they_o now_o receive_v will_v soon_o revolt_v from_o they_o and_o have_v a_o tradewith_o those_o that_o can_v and_o will_v do_v it_o the_o last_o rise_v of_o the_o money_n in_o spain_n be_v the_o 14_o october_n 1686._o their_o stile_n when_o the_o piece_n of_o eight_o be_v advance_v to_o ten_o rial_n and_o the_o vellone_n from_o 12_o to_o 15_o rial_n and_o any_o that_o doubt_v the_o truth_n of_o what_o i_o have_v insert_v may_v from_o hence_o examine_v their_o expense_n book_n before_o and_o after_o that_o time_n and_o also_o the_o price_n of_o malaga-fruit_n and_o any_o other_o good_n buy_v with_o ready_a money_n and_o not_o in_o truck_n or_o take_v for_o a_o old_a debt_n for_o i_o say_v all_o such_o thing_n or_o commodity_n that_o use_v to_o be_v buy_v and_o agree_v in_o vellone_n do_v not_o rise_v object_n but_o if_o our_o coin_n and_o bullion_n be_v raise_v the_o king_n revenue_n will_v be_v so_o much_o the_o less_o in_o proportion_n to_o what_o he_o receive_v as_o the_o money_n be_v raise_v answer_v i_o do_v not_o foresee_v any_o loss_n it_o can_v be_v to_o the_o king_n revenue_n by_o the_o raise_n the_o money_n which_o of_o itself_o be_v of_o no_o use_n but_o for_o the_o purchase_n
one_o man_n send_v out_o of_o england_n thirty_o thousand_o pair_n a_o year_n by_o which_o may_v be_v compute_v the_o loss_n that_o it_o have_v prove_v to_o we_o thereby_o and_o now_o they_o be_v chief_o supply_v by_o the_o genovese_n and_o italian_n by_o these_o and_o the_o like_a method_n we_o have_v not_o only_o lose_v the_o expense_n of_o our_o own_o product_n and_o manufactory_a but_o have_v obstruct_v by_o it_o the_o return_v there_o will_v have_v be_v make_v for_o such_o commodity_n in_o foreign_a bullion_n and_o for_o the_o retrieve_n of_o our_o lose_a trade_n and_o the_o prevent_v any_o future_a loss_n thereby_o it_o will_v be_v necessary_a that_o a_o committee_n of_o trade_n be_v erect_v to_o sit_v every_o week_n for_o the_o improvement_n thereof_o and_o that_o they_o have_v full_a power_n give_v they_o to_o have_v our_o cloth_n serges_n say_v stuff_n and_o stocking_n both_o silk_n and_o worsted_n to_o be_v make_v of_o such_o a_o length_n breadth_n and_o weight_n and_o a_o penalty_n to_o put_v on_o all_o that_o buy_v or_o sell_v any_o but_o what_o be_v so_o and_o also_o impower_v to_o encourage_v those_o trade_n that_o most_o conduce_v to_o the_o nation_n interest_n and_o on_o the_o contrary_a to_o discourage_v any_o superfluity_n from_o those_o country_n that_o import_n to_o we_o more_o than_o they_o export_v of_o our_o own_o product_n or_o manufactory_n chap._n ii_o set_v forth_o what_o be_v become_v of_o the_o great_a quantity_n of_o money_n coin_v in_o the_o reign_n of_o k._n charles_n ii_o and_o the_o precede_a reign_n the_o loss_n of_o our_o coin_v money_n have_v proceed_v from_o the_o suffer_a bullion_n to_o be_v ship_v off_o when_o the_o price_n of_o it_o do_v exceed_v the_o value_n of_o our_o coin_v silver_n and_o gold_n under_o the_o notion_n of_o foreign_a bullion_n as_o real_o it_o be_v ab_fw-la origine_fw-la but_o still_o it_o may_v be_v our_o coin_n melt_v down_o and_o sell_v to_o those_o that_o export_v the_o same_o and_o four_o penny_n and_o six_o penny_n may_v and_o now_o twelve_o penny_n may_v be_v get_v by_o a_o crown_n piece_n or_o five_o shilling_n of_o unclipped_a money_n so_o melt_v down_o and_o twenty_o per_fw-la cent._n advantage_n be_v a_o good_a alloy_n for_o any_o scruple_n of_o conscience_n those_o may_v have_v that_o practise_v it_o and_o those_o that_o receive_v and_o pay_v one_o thousand_o pound_n a_o day_n and_o meet_v with_o but_o one_o hundred_o pound_n among_o it_o of_o unclipped_a silver_n may_v in_o a_o year_n account_v but_o three_o hundred_o day_n get_v six_o thousand_o pound_n sterling_a for_o the_o prevent_n of_o which_o it_o will_v be_v necessary_a that_o no_o foreign_a bullion_n shall_v be_v bring_v into_o the_o kingdom_n but_o what_o shall_v be_v carry_v to_o the_o tower_n and_o stamp_v there_o or_o at_o lest_o none_o suffer_v to_o be_v ship_v off_o again_o but_o such_o as_o have_v the_o tower_n mark._n and_o if_o this_o method_n be_v use_v no_o bullion_n can_v be_v export_v that_o have_v be_v coin_a here_o or_o wrought_v into_o household_n plate_n and_o because_o much_o of_o our_o coin_a silver_n and_o gold_n may_v be_v believe_v to_o be_v melt_v down_o it_o will_v be_v necessary_a that_o none_o be_v suffer_v to_o melt_v down_o old_a plate_n or_o gold_n or_o the_o dust_n thereof_o but_o that_o a_o convenient_a place_n or_o place_n may_v be_v appoint_v where_o all_o such_o gold_n or_o silver_n shall_v be_v meltd_v down_o and_o when_o so_o melt_v then_o mark_v with_o a_o particular_a mark_n by_o which_o it_o shall_v be_v know_v to_o have_v be_v old_a plate_n or_o gold_n so_o melt_v and_o then_o deliver_v to_o the_o owner_n or_o owner_n thereof_o for_o which_o he_o shall_v in_o book_n for_o that_o purpose_n stand_v debtor_n and_o in_o the_o same_o book_n be_v credit_v again_o by_o a_o certificate_n from_o the_o gold-smithshall_a of_o the_o ounce_n of_o plate_n he_o or_o they_o have_v work_v up_o and_o the_o wyer-drawer_n shall_v bring_v what_o they_o have_v so_o work_v up_o to_o be_v weigh_v and_o the_o same_o method_n use_v for_o any_o bullion_n that_o be_v design_v to_o be_v work_v up_o if_o this_o or_o any_o other_o method_n can_v be_v put_v in_o practice_n one_o halfpenny_n in_o a_o ounce_n will_v defray_v the_o charge_n and_o save_v the_o life_n of_o many_o a_o man_n for_o if_o this_o be_v practise_v those_o that_o steal_v plate_n can_v so_o easy_o dispose_v of_o it_o another_o reason_n we_o find_v for_o the_o decrease_v of_o our_o coin_a money_n proceed_v from_o the_o great_a increase_n of_o the_o use_n of_o plate_n in_o the_o public_a and_o private-house_n which_o i_o compute_v amount_n to_o as_o much_o if_o it_o do_v not_o more_o as_o the_o silver_n coin_n in_o the_o kingdom_n the_o very_a improvement_n of_o which_o in_o trade_n i_o leave_v any_o to_o judge_v how_o useful_a it_o will_v be_v to_o promote_v the_o nation_n interest_n which_o now_o lie_v dead_a beside_o advance_v the_o price_n of_o silver_n and_o gold_n and_o occasion_v thereby_o the_o melting-down_a of_o our_o coin_n and_o if_o there_o be_v but_o seven_o million_o of_o pound_n sterling_a in_o household_n plate_n and_o thing_n make_v thereof_o and_o in_o gold_n ring_n button_n buckle_n watch_n sword-hilt_n etc._n etc._n the_o very_a interest_n of_o that_o money_n at_o six_o per_fw-la cent._n amount_v to_o four_o hundred_o and_o twenty_o thousand_o pound_n a_o year_n and_o in_o seven_o year_n with_o the_o annual_a interest_n amount_v to_o three_o million_o and_o five_o hundred_o twenty_o five_o thousand_o four_o hundred_o and_o ten_o pound_n sterling_a therefore_o it_o will_v be_v high_o necessary_a that_o no_o person_n but_o of_o such_o a_o quality_n shall_v be_v suffer_v to_o use_v plate_n in_o their_o house_n or_o utensil_n make_v thereof_o or_o at_o least_o not_o any_o piece_n of_o plate_n above_o such_o a_o value_n and_o those_o that_o will_v have_v more_o to_o take_v out_o a_o licence_n for_o it_o and_o pay_v the_o king_n five_o per_fw-la cent._n per_fw-la annum_fw-la for_o it_o towards_o the_o support_n of_o the_o national_a expense_n chap._n iii_o set_v forth_o the_o necessity_n there_o be_v at_o this_o time_n to_o rectify_v the_o present_a coin_n of_o this_o kingdom_n which_o be_v so_o much_o adulterate_v and_o lessen_v by_o coin_v and_o clip_v the_o argument_n for_o the_o prove_v the_o necessity_n there_o be_v for_o the_o immediate_a regulate_v of_o the_o coin_n may_v be_v many_o but_o for_o brevity_n sake_n i_o will_v reduce_v they_o to_o these_o follow_v first_o that_o from_o the_o present_a exorbitant_a rise_n of_o our_o coin_n and_o the_o bullion_n of_o which_o be_v make_v we_o come_v to_o lose_v as_o much_o money_n as_o the_o money_n be_v advance_v by_o the_o good_n we_o export_v as_o for_o instance_n to_o make_v it_o more_o plain_a i_o ship_n for_o spain_n one_o hundred_o piece_n of_o serges_n which_o cost_v i_o two_o hundred_o pound_n all_o charge_n aboard_o and_o before_o the_o rise_n of_o our_o coin_n and_o bullion_n will_v sell_v in_o spain_n for_o twelve_o piece_n of_o eight_o aboard_o in_o gold_n or_o piece_n of_o eight_o but_o now_o our_o coin_n be_v rise_v and_o the_o bullion_n of_o which_o it_o be_v make_v i_o can_v sell_v the_o same_o good_n for_o eight_o piece_n of_o eight_o be_v those_o eight_o will_v yield_v i_o here_o in_o england_n as_o much_o as_o the_o twelve_o do_v before_o so_o that_o by_o the_o rise_n of_o our_o coin_n and_o bullion_n we_o come_v to_o lose_v one_o three_o of_o the_o value_n of_o our_o export_n and_o if_o we_o export_v to_o the_o value_n of_o nine_o million_o a_o year_n we_o consequent_o lose_v three_o million_o of_o pound_n a_o year_n so_o long_o as_o our_o coin_n go_v unregulate_v which_o alone_o i_o think_v be_v a_o sufficient_a argument_n to_o prove_v the_o necessity_n there_o be_v at_o present_a of_o regulate_v our_o coin_n and_o bullion_n but_o it_o may_v be_v object_v that_o although_o it_o be_v true_a we_o do_v lose_v one_o three_o part_n of_o what_o we_o export_v yet_o its_o only_a on_o such_o good_n as_o we_o sell_v for_o money_n with_o a_o design_n to_o bring_v it_o home_o but_o that_o this_o have_v no_o manner_n of_o influence_n on_o such_o good_n as_o we_o sell_v abroad_o and_o return_v other_o commodity_n for_o the_o proceed_v of_o they_o which_o be_v for_o the_o great_a part_n of_o the_o proceed_v of_o our_o export_n and_o consequent_o your_o argument_n will_v not_o hold_v good_a that_o it_o be_v so_o great_a a_o loss_n to_o the_o nation_n i_o say_v still_o the_o loss_n be_v the_o same_o trade_n to_o what_o part_n of_o the_o world_n you_o please_v their_o coin_n be_v the_o standard_n by_o which_o their_o good_n be_v sell_v and_o if_o you_o can_v make_v so_o much_o
there_o be_v but_o four_o million_o and_o three_o hundred_o thousand_o pound_n it_o will_v require_v two_o million_o to_o make_v good_a these_o be_v experiment_n that_o any_o may_v make_v with_o very_o little_a trouble_n and_o on_o which_o i_o make_v my_o further_a computation_n since_o two_o million_o of_o pound_n be_v the_o sum_n suppose_v or_o calculate_v to_o be_v necessary_a for_o the_o make_v good_a of_o the_o clip_a money_n the_o next_o thing_n to_o be_v consider_v be_v how_o to_o raise_v it_o for_o effect_v of_o which_o it_o will_v be_v necessary_a to_o make_v a_o estimate_n of_o the_o coin_a and_o uncoyned_a silver_n and_o gold_n that_o may_v be_v in_o the_o kingdom_n which_o i_o compute_v to_o be_v eight_o million_o in_o coin_a silver_n three_o million_o in_o coin_a gold_n four_o million_o in_o uncoyned_a silver_n one_o million_o in_o uncoyned_a gold_n which_o several_a valuation_n amount_v to_o sixteen_o million_o of_o pound_n sterling_n and_o if_o twelve_o and_o a_o half_a per_fw-la cent._n be_v take_v from_o it_o the_o say_v twelve_o and_o a_o half_a per_fw-la cent._n will_v amount_v to_o two_o million_o of_o pound_n and_o will_v answer_v the_o loss_n by_o the_o clipped-mony_n so_o that_o what_o money_n be_v new_o coin_v must_v be_v at_o the_o rate_n of_o twelve_o and_o a_o half_a per_fw-la cent._n less_o weight_n each_o species_n than_o before_o it_o be_v coin_a for_o and_o the_o gold_n and_o plate_n that_o be_v uncoyn_v advance_v twelve_o and_o a_o half_a per_fw-la cent._n in_o like_a proportion_n for_o the_o collect_v of_o the_o say_v twelve_o and_o a_o half_a per_fw-la cent._n to_o be_v raise_v on_o the_o houshold-plate_n and_o gold_n and_o thing_n make_v thereof_o i_o will_v have_v every_o one_o that_o have_v any_o be_v oblige_v to_o carry_v it_o to_o the_o tower_n or_o to_o place_n appoint_v for_o the_o same_o purpose_n and_o there_o have_v the_o 12½_n per_fw-la cent._n take_v out_o in_o specie_fw-la or_o pay_v down_o in_o money_n at_o the_o election_n of_o the_o owner_n and_o when_o so_o do_v it_o shall_v be_v stamp_v and_o when_o so_o stamp_v it_o shall_v be_v of_o twelve_o and_o a_o half_a per_fw-la cent._n more_o value_n than_o before_o to_o countervail_v for_o what_o be_v take_v out_o and_o pay_v into_o the_o mint_n and_o all_o thing_n make_v of_o gold_n or_o silver_n after_o a_o day_n prefix_v that_o shall_v be_v find_v or_o offer_v to_o be_v sell_v or_o leave_v by_o any_o decease_a unstamp_v shall_v be_v forfeit_v and_o all_o bullion_n either_o gold_n or_o silver_n wrought_v or_o coin_a import_v into_o the_o kingdom_n to_o pay_v seven_o and_o a_o half_a per_fw-la cent._n in_o time_n of_o war_n on_o the_o importation_n and_o ten_o per_fw-la cent._n in_o time_n of_o peace_n and_o then_o also_o stamp_v thereby_o to_o prevent_v the_o impose_v on_o we_o coin_a money_n from_o foreign_a part_n for_o if_o they_o have_v the_o encouragement_n of_o five_o per_fw-la cent._n in_o time_n of_o war_n and_o two_o and_o a_o half_a per_fw-la cent._n in_o time_n of_o peace_n on_o the_o importation_n they_o will_v never_o run_v the_o hazard_n nor_o can_v afford_v to_o be_v at_o the_o charge_n to_o coin_n mony_n and_o although_o i_o have_v propose_v the_o raise_v of_o our_o money_n twelve_o and_o a_o half_a per_fw-la cent._n yet_o it_o ought_v to_o be_v consider_v whether_o 2_o l_o per_fw-la cent._n alloy_n may_v not_o be_v necessary_a to_o add_v to_o it_o the_o reason_n pro_fw-la and_o con_v be_v these_o first_o that_o alloy_n in_o silver_n or_o gold_n do_v make_v it_o the_o more_o durable_a second_o when_o the_o coin_n have_v allay_v and_o not_o the_o houshold-plate_n etc._n etc._n it_o be_v not_o so_o liable_a to_o be_v melt_v down_o for_o the_o charge_n and_o trouble_v for_o to_o separate_v it_o will_v much_o discourage_v the_o work_n it_o up_o be_v more_o easy_a to_o add_v alloy_n to_o it_o than_o to_o subtract_v it_o from_o what_o have_v be_v coin_a three_o the_o put_n in_o alloy_n into_o our_o coin_a money_n will_v prevent_v its_o be_v export_v or_o if_o exported_a will_v occasion_v its_o return_n again_o no_o duty_n be_v lay_v on_o such_o money_n return_v the_o objection_n that_o i_o foresee_v will_v be_v bring_v against_o the_o add_v of_o alloy_n to_o our_o coin_a silver_n and_o gold_n be_v these_o object_n 1._o that_o metal_n that_o be_v mix_v may_v be_v the_o better_o falsify_v and_o the_o colour_n sound_v and_o weight_n not_o so_o well_o distinguish_v answer_v for_o the_o same_o reason_n i_o propose_v only_o two_o and_o a_o half_a per_fw-la cent._n and_o not_o twelve_o and_o a_o half_a per_fw-la cent._n allay_v to_o make_v up_o the_o weight_n take_v from_o it_o which_o can_v make_v any_o great_a difference_n in_o the_o colour_n sound_n or_o weight_n but_o it_o may_v be_v discover_v if_o a_o great_a proportion_n be_v add_v at_o least_o such_o a_o proportion_n as_o to_o countervail_v the_o undertake_n object_n 2._o but_o if_o there_o shall_v be_v occasion_n for_o the_o future_a to_o alter_v the_o money_n it_o can_v be_v so_o well_o do_v as_o by_o money_n of_o pure_a silver_n answer_n when_o all_o our_o money_n have_v proportionable_a alloy_n in_o it_o it_o may_v be_v raise_v or_o lower_v without_o recoyn_v and_o for_o the_o same_o reason_n with_o other_o i_o shall_v show_v hereafter_o i_o propose_v the_o recoyn_v all_o our_o present_a money_n as_o well_o what_o be_v not_o as_o be_v clip_v object_n 3._o but_o it_o will_v be_v a_o dishonour_n to_o the_o king_n and_o kingdom_n to_o have_v his_o stamp_n on_o mix_a money_n answer_n two_o and_o a_o half_a per_fw-la cent._n be_v but_o a_o small_a addition_n to_o the_o alloy_n our_o coin_n have_v at_o present_a and_o it_o can_v be_v believe_v any_o dishonour_n since_o it_o be_v the_o practice_n of_o other_o nation_n as_o well_o as_o it_o be_v of_o our_o own_o witness_v our_o copper_n money_n have_v lay_v before_o you_o my_o proposal_n for_o the_o raise_n of_o two_o million_o of_o money_n by_o raise_v the_o coin_n twelve_o and_o a_o half_a per_fw-la cent._n and_o all_o household_n plate_n and_o thing_n make_v of_o plate_n and_o gold_n and_o lay_v a_o imposition_n on_o all_o plate_n bullion_n or_o foreign_a money_n import_v i_o proceed_v in_o the_o next_o place_n to_o answer_v those_o objection_n that_o may_v arise_v from_o the_o proposal_n especial_o such_o as_o have_v not_o any_o reference_n to_o trade_n which_o i_o design_v the_o subject_a of_o the_o next_o chapter_n object_n i._o i_o see_v by_o your_o proposal_n you_o will_v have_v all_o the_o silver_n coin_n call_v in_o as_o well_o that_o which_o be_v not_o as_o that_o which_o be_v clip_v and_o deface_v which_o will_v be_v a_o unnecessary_a charge_n and_o trouble_v answer_n the_o reason_n why_o i_o propose_v the_o recoyn_n of_o the_o good_a as_o well_o as_o the_o bad_a money_n proceed_v from_o the_o confusion_n there_o will_v be_v otherwise_o in_o all_o receipt_n and_o payment_n for_o if_o the_o old_a coin_n that_o be_v unclipped_a be_v only_o raise_v in_o proportion_n to_o the_o new_a coin_n twelve_o and_o a_o half_a per_fw-la cent._n there_o will_v be_v odd_a fraction_n of_o farthing_n as_o i_o shall_v show_v hereafter_o which_o will_v be_v very_o troublesome_a in_o account_n and_o to_o raise_v the_o six_o penny_n to_o seven_o penny_n and_o so_o the_o shilling_n half_a crown_n and_o crown_n in_o proportion_n be_v to_o raise_v sixteen_o and_o two_o three_o per_fw-la cent._n and_o be_v more_o than_o requisite_a to_o be_v raise_v for_o the_o end_n design_v and_o nothing_o less_o will_v make_v each_o species_n even_o penny_n so_o if_o the_o unclipped_a money_n be_v not_o recoyn_v it_o must_v be_v raise_v four_o one_o six_o or_o eight_o two_o three_o or_o twelve_o and_o a_o half_a per_fw-la cent._n for_o if_o it_o be_v under_o or_o over_o either_o of_o these_o the_o fraction_n in_o the_o several_a species_n will_v be_v under_o or_o over_o a_o farthing_n now_o if_o you_o advance_v our_o silver_n and_o gold_n twelve_o and_o a_o half_a per_fw-la cent._n and_o the_o import_n thereof_o be_v sixteen_o million_o it_o will_v raise_v six_o hundred_o sixty_o six_o thousand_o six_o hundred_o sixty_o six_o pound_n thirteen_o shilling_n and_o four_o penny_n and_o then_o the_o old_a coin_n if_o only_o raise_v in_o proportion_n and_o not_o all_o recoyn_v again_o  _fw-fr l._n s._n d._n the_o guinney_n that_o do_v pass_v for_o 21_o s._n 6_o d._n must_v pass_v for_o 1_o 02_o 4¾_n the_o crown_n that_o pass_v for_o 5_o s._n must_v pass_v for_o 0_o 5_o 02½_n the_o half_a crown_n that_o pass_v for_o 2_o s._n 6_o d._n must_v pass_v for_o 0_o 2_o 07¼_n the_o shilling_n must_v pass_v for_o 0_o 1_o 00½_n the_o six_o penny_n must_v pass_v for_o 0_o 0_o 06¼_n if_o
have_v to_o the_o memory_n of_o those_o king_n or_o queen_n in_o who_o time_n they_o be_v coin_a or_o as_o the_o gift_n or_o legacy_n of_o some_o particular_a friend_n and_o will_v think_v it_o hard_o to_o part_v from_o such_o piece_n answer_v they_o need_v not_o only_o pay_v the_o value_n they_o ought_v to_o pay_v in_o money_n and_o suffer_v they_o to_o be_v stamp_v they_o may_v retain_v the_o quantity_n of_o any_o coin_n they_o desire_v object_n but_o why_o may_v not_o our_o coin_n be_v only_o raise_v and_o the_o uncoyned_a plate_n and_o gold_n excuse_v and_o all_o plate_n and_o bullion_n that_o shall_v be_v import_v since_o the_o charge_n and_o trouble_v therefrom_o will_v be_v so_o great_a answer_v if_o our_o coin_v silver_n and_o gold_n be_v only_o raise_v than_o we_o shall_v have_v as_o many_o coiner_n as_o there_o be_v at_o present_a clipper_n from_o the_o advance_v they_o will_v make_v by_o buy_v up_o of_o plate_n and_o gold_n and_o then_o coin_v it_o and_o the_o like_a may_v be_v do_v in_o foreign_a part_n with_o less_o hazard_n and_o import_v hither_o and_o beside_o the_o uncoyned_a plate_n and_o gold_n will_v in_o a_o short_a time_n advance_v thereby_o near_o to_o the_o value_n in_o the_o coin_a money_n and_o be_v only_o a_o advantage_n to_o particular_a person_n and_o not_o the_o nation_n in_o general_n object_n but_o if_o the_o method_n you_o propose_v be_v put_v in_o practice_n it_o will_v be_v a_o great_a charge_n to_o execute_v it_o beside_o that_o of_o new_a coin_v the_o money_n from_o whence_o shall_v that_o charge_n be_v pay_v answer_v if_o two_o million_o be_v raise_v than_o that_o two_o million_o will_v be_v of_o the_o new_a coin_n two_o million_o and_o two_o hundred_o and_o fifty_o thousand_o pound_n as_o be_v twelve_o and_o a_o half_a per_fw-la cent._n of_o less_o weight_n and_o will_v more_o than_o answer_v the_o charge_n in_o execution_n of_o my_o proposal_n object_n you_o by_o your_o computation_n do_v make_v to_o be_v three_o million_o of_o guinny_v and_o old_a gold_n to_o be_v in_o the_o kingdom_n which_o go_v now_o at_o 30_o s._n a_o piece_n when_o the_o money_n be_v regulate_v will_v be_v 8_o s._n 6_o d._n loss_n in_o each_o guinney_n and_o be_v 42_o per_fw-la cent._n and_o this_o loss_n will_v be_v the_o ruin_n of_o many_o tradesman_n and_o those_o that_o have_v never_o any_o hand_n in_o the_o raise_n of_o they_o or_o benefit_n by_o they_o and_o it_o will_v be_v very_o hard_o they_o shall_v thus_o suffer_v so_o great_a a_o loss_n and_o the_o consequence_n thereof_o may_v be_v of_o great_a detriment_n than_o at_o present_a may_v be_v foresee_v for_o never_o be_v a_o great_a demand_n of_o our_o manufactory_a than_o now_o which_o proceed_v in_o a_o great_a measure_n from_o the_o apprehension_n of_o the_o necessity_n there_o be_v to_o regulate_v our_o coin_n therefore_o every_o one_o be_v employ_v their_o money_n in_o good_n to_o avoid_v the_o loss_n that_o may_v accrue_v to_o they_o by_o the_o gold_n or_o the_o badness_n of_o the_o silver_n and_o therefore_o this_o loss_n will_v be_v severe_a to_o the_o manager_n and_o worker_n of_o our_o manufactory_a and_o tradesman_n who_o they_o will_v now_o pay_v for_o to_o put_v off_o their_o gold_n answer_n i_o be_o very_o sensible_a of_o the_o great_a loss_n it_o will_v be_v by_o the_o fall_n of_o the_o guinny_v and_o of_o the_o consequence_n that_o may_v be_v therefrom_o therefore_o i_o will_v have_v the_o amount_v of_o the_o imposition_n lay_v on_o plate_n bullion_n and_o foreign_a coin_n appropriate_v to_o make_v good_a that_o loss_n and_o be_v a_o fund_z to_o pay_v the_o annual_a interest_n thereof_o which_o may_v answer_v the_o principle_n object_n but_o as_o the_o import_n of_o bullion_n plate_n and_o money_n into_o our_o kingdom_n be_v a_o benefit_n to_o it_o it_o can_v be_v imagine_v the_o parliament_n will_v lay_v a_o imposition_n thereon_o but_o rather_o encourage_v the_o bring_v it_o in_o by_o some_o allowance_n to_o the_o importer_n answer_v the_o imposition_n lay_v on_o the_o importation_n of_o plate_n bullion_n and_o foreign_a money_n by_o my_o proposal_n will_v be_v no_o hindrance_n but_o a_o encouragement_n to_o the_o importer_n thereof_o for_o in_o time_n of_o war_n they_o have_v 5_o per_fw-la cent._n and_o in_o time_n of_o peace_n 2½_n per_fw-la cent._n advantage_n thereby_o as_o you_o will_v see_v by_o it_o for_o if_o the_o plate_n and_o bullion_n be_v advance_v twelve_o and_o a_o half_a per_fw-la cent._n and_o the_o importer_n pay_v but_o seven_o in_o time_n of_o war_n and_o ten_o in_o time_n of_o peace_n the_o remain_v 5._o or_o 2½_n per_fw-la cent._n be_v profit_n to_o they_o and_o it_o ought_v not_o to_o be_v more_o be_v foreign_a commodity_n will_v rise_v in_o proportion_n to_o the_o encouragement_n you_o give_v for_o the_o importation_n of_o plate_n bullion_n or_o foreign_a coin_n object_n but_o if_o when_o our_o war_n be_v over_o and_o our_o trade_n improve_v it_o shall_v be_v think_v necessary_a to_o reduce_v our_o coin_n again_o to_o the_o present_a standard_n undoubted_o that_o charge_n and_o future_a trouble_n may_v be_v avoid_v by_o keep_v it_o so_o now_o answer_v shall_v it_o be_v think_v convent_n hereafter_o for_o to_o reduce_v our_o money_n to_o the_o present_a standard_n it_o be_v of_o or_o aught_o to_o be_v than_o it_o will_v be_v necessary_a to_o recoyn_v all_o our_o money_n of_o same_o weight_n and_o alloy_n they_o be_v at_o or_o shall_v be_v at_o present_a and_o to_o make_v they_o current_n at_o sixteen_o and_o two_o three_o per_fw-la cent._n more_o than_o they_o go_v for_o now_o and_o then_o the_o several_a piece_n will_v be_v  _fw-fr l._n s._n d._n the_o guinney_n that_o pass_v for_o 21_o s._n 6_o d._n must_v pass_v for_o 1_o 05_o 01_o the_o crown_n for_o 0_o 05_o 10_o the_o half_a crown_n 0_o 02_o 11_o the_o shilling_n for_o 0_o 01_o 02_o the_o sixpence_n 0_o 00_o 07_o but_o in_o such_o a_o case_n i_o will_v have_v all_o coin_n i_o late_o and_o bullion_n that_o be_v import_v to_o pay_v eleven_o and_o two_o three_o per_fw-la cent._n in_o time_n of_o war_n and_o fourteen_o and_o one_o six_o per_n cent._n in_o time_n of_o peace_n and_o then_o also_o all_o uncoyned_a plate_n and_o bullion_n in_o the_o kingdom_n either_o gold_n or_o silver_n to_o pay_v sixteen_o two_o three_o per_fw-la cent._n proportionable_a to_o the_o rise_n of_o the_o coyn._n but_o i_o will_v have_v but_o twelve_o and_o a_o half_a per_fw-la cent._n take_v out_o of_o the_o gold_n and_o the_o other_o four_o ⅙_n per_fw-la cent._n go_v towards_o pay_v that_o loss_n that_o the_o owner_n will_v have_v by_o they_o which_o loss_n will_v be_v the_o soon_o pay_v by_o the_o duty_n on_o the_o plate_n and_o bullion_n import_v and_o all_o money_n unclipe_v shall_v pay_v but_o twelve_o and_o a_o half_a per_fw-la cent._n also_o whereby_o it_o will_v prevent_v those_o that_o have_v it_o to_o clip_v it_o but_o still_o shall_v we_o be_v oblige_v to_o reduce_v our_o coin_n to_o the_o present_a standard_n when_o the_o war_n be_v over_o yet_o i_o do_v not_o foresee_v while_o we_o be_v engage_v in_o it_o we_o can_v avoid_v the_o raise_n of_o our_o money_n and_o the_o bullion_n of_o which_o it_o be_v make_v for_o i_o apprehend_v the_o lay_v a_o severe_a penalty_n on_o any_o that_o shall_v take_v more_o for_o any_o foreign_a commodity_n as_o bullion_n be_v than_o such_o a_o price_n which_o he_o can_v afford_v it_o at_o be_v in_o effect_n to_o prohibit_v the_o same_o again_o if_o bullion_n be_v under_o the_o value_n of_o our_o coin_n then_o of_o consequence_n it_o will_v be_v melt_v down_o and_o both_o what_o we_o have_v in_o bullion_n or_o coin_n will_v go_v out_o of_o the_o kingdom_n as_o fast_o as_o the_o gold_n have_v of_o late_o come_v in_o again_o shall_v we_o not_o raise_v our_o plate_n and_o bollion_n as_o well_o as_o our_o coin_n you_o lay_v a_o tax_n on_o the_o possessor_n of_o the_o money_n and_o advance_v those_o that_o be_v owner_n of_o the_o plate_n and_o bullion_n and_o i_o think_v the_o general_a good_a of_o the_o nation_n ought_v to_o be_v prefer_v before_o that_o of_o particular_a person_n who_o be_v also_o such_o that_o have_v reap_v a_o benefit_n by_o the_o calamity_n other_o lie_v under_o chap._n v._o whether_o the_o method_n propose_v for_o the_o advance_v our_o money_n and_o the_o bullion_n of_o which_o it_o be_v make_v be_v convenient_a or_o inconvenient_a for_o the_o trade_n of_o the_o nation_n before_o i_o treat_v of_o the_o inconvenience_n or_o conveniency_n that_o may_v follow_v the_o raise_n of_o our_o coin_n plate_n and_o bullion_n it_o will_v be_v necessary_a to_o answer_v one_o question_v that_o may_v arise_v which_o be_v whether_o the_o regulate_v of_o
those_o thing_n that_o be_v useful_a and_o if_o provision_n clothe_v house-rent_a salary_n and_o wage_n be_v not_o raise_v in_o which_o say_v revenue_n be_v spend_v there_o can_v be_v no_o loss_n to_o the_o crown_n nor_o can_v it_o be_v believe_v that_o any_o of_o our_o own_o product_n or_o manufactory_a will_n or_o aught_o to_o rise_v for_o the_o same_o reason_n and_o the_o experience_n we_o have_v find_v that_o they_o have_v not_o but_o rather_o from_o the_o tax_n although_o our_o gold_n be_v advance_v 42_o ½_n per_fw-la cent._n and_o our_o silver_n coin_n now_o currant_n be_v not_o much_o above_o half_a what_o it_o ought_v to_o be_v therefore_o it_o may_v be_v believe_v it_o will_v not_o wh●n_o it_o be_v bring_v down_o to_o twelve_o and_o a_o half_a per_fw-la cent._n the_o tin-money_n that_o be_v and_o the_o copper-money_n that_o now_o be_v be_v and_o be_v as_o currant_n as_o our_o gold_n and_o silver_n and_o now_o more_o and_o though_o that_o want_v of_o the_o value_n yet_o it_o purchase_v any_o thing_n we_o have_v to_o buy_v at_o market_n as_o well_o as_o our_o silver_n without_o the_o seller_n raise_v the_o value_n therefrom_o and_o i_o presume_v nothing_o that_o be_v buy_v and_o pay_v for_o in_o bank-note_n be_v advance_v the_o more_o as_o not_o be_v in_o specie_fw-la and_o the_o same_o power_n that_o establish_v the_o one_o do_v the_o other_o may_v be_v as_o good_a payment_n and_o not_o so_o liable_a to_o the_o misfortune_n of_o a_o domestic_a war_n as_o the_o bank_n will_v be_v shall_v any_o such_o happen_v not_o but_o that_o i_o think_v the_o bank_n be_v of_o great_a advantage_n to_o the_o nation_n now_o and_o may_v be_v more_o hereafter_o object_n but_o if_o you_o give_v so_o great_a encouragement_n to_o the_o merchant_n importer_n of_o plate_n and_o bullion_n as_o 5_o per_fw-la cent._n in_o time_n of_o war_n and_o two_o and_o a_o half_a per_fw-la cent._n in_o time_n of_o peace_n than_o foreigner_n from_o the_o advantage_n arise_v thereby_o will_v be_v send_v of_o bullion_n and_o plate_n over_o answer_v from_o hence_o will_v arise_v our_o advantage_n and_o i_o can_v apprehend_v any_o disadvantage_n unless_o what_o before_o hint_v to_o we_o the_o bring_n of_o gold_n and_o silver_n into_o the_o kingdom_n for_o it_o can_v be_v believe_v that_o they_o will_v import_n more_o than_o they_o export_v commodity_n of_o our_o kingdom_n for_o therefore_o the_o consequence_n from_o it_o will_v be_v we_o shall_v thereby_o increase_v our_o trade_n and_o navigation_n and_o therefrom_o the_o value_n of_o our_o land_n object_n but_o if_o our_o coin_n and_o bullion_n be_v raise_v than_o the_o soldier_n and_o seaman_n abroad_o can_v be_v supply_v with_o necessary_n without_o a_o great_a loss_n by_o the_o money_n so_o raise_v for_o though_o and_z act_n of_o parliament_n shall_v make_v the_o coin_n so_o raise_v current_n here_o in_o another_o country_n they_o will_v expect_v the_o full_a weight_n and_o the_o king_n must_v raise_v the_o officer_n and_o soldier_n and_o seamen●s_n pay_v as_o much_o as_o the_o coin_n be_v raise_v answer_v when_o our_o coin_n be_v once_o regulate_v and_o our_o trade_n improve_v as_o i_o have_v already_o set_v forth_o we_o shall_v become_v the_o creditor_n on_o the_o balance_n of_o trade_n at_o least_o on_o millon_n a_o year_n which_o be_v hope_v may_v be_v sufficient_a for_o to_o supply_v the_o necessary_a expense_n abroad_o so_o that_o they_o will_v be_v pay_v in_o the_o coin_n of_o the_o country_n they_o be_v in_o and_o will_v be_v no_o loss_n to_o they_o as_o not_o have_v occasion_n to_o remit_v the_o coin_n or_o bullion_n of_o our_o kingdom_n to_o pay_v they_o object_n but_o this_o balance_n of_o trade_n will_v belong_v to_o merchant_n and_o not_o to_o the_o king_n and_o they_o hold_v up_o of_o exchange_n of_o money_n so_o high_a from_o own_o place_n to_o another_o it_o will_v be_v the_o same_o loss_n to_o to_o the_o kingdom_n to_o remit_v it_o by_o exchange_n as_o in_o coin_n and_o bullion_n answer_v the_o high_a praemio_n that_o be_v demand_v and_o give_v for_o the_o exchange_n of_o money_n from_o one_o place_n to_o another_o proceed_v from_o the_o over_o balance_n of_o trade_n and_o from_o whence_o that_o arise_v i_o have_v already_o in_o some_o part_n show_v you_o that_o over_o balance_n of_o our_o trade_n cause_v the_o export_n of_o our_o bullion_n for_o the_o payment_n thereof_o and_o that_o export_n cause_v the_o rise_n of_o our_o gold_n and_o silver_n the_o rise_n of_o our_o gold_n and_o silver_n occasion_v the_o melt_a down_o and_o clip_v of_o our_o coin_n from_o the_o advantage_n thereby_o then_o our_o money_n prove_v so_o bad_a by_o clip_v and_o counterfiet_v occasion_v again_o the_o great_a rise_n of_o gold_n this_o great_a rise_n on_o gold_n occasion_v the_o raise_n of_o the_o praemio_fw-la of_o exchange_n for_o say_v the_o merchant_n that_o have_v money_n abroad_o i_o will_v have_v so_o much_o for_o the_o exchange_n of_o the_o money_n or_o i_o will_v bring_v it_o home_o in_o specie_fw-la for_o here_o in_o england_n it_o will_v yield_v i_o so_o much_o to_o coin_n and_o gold_n and_o silver_n be_v not_o worth_n more_o in_o other_o country_n this_o year_n than_o it_o be_v the_o last_o but_o from_o the_o misfortune_n we_o lie_v under_o by_o our_o coin_n which_o once_o regulate_v you_o will_v find_v it_o also_o in_o the_o exchange_n of_o money_n and_o so_o long_o as_o it_o go_v unregulate_v we_o lose_v the_o extraordinary_a praemio_fw-la give_v object_n but_o if_o our_o coin_n be_v raise_v our_o exchange_n will_v rise_v in_o proportion_n from_o one_o place_n to_o another_o as_o it_o do_v in_o spain_n all_o bill_n run_v so_o many_o piece_n of_o eight_o in_o gold_n as_o it_o go_v before_o the_o proclamation_n for_o raise_v the_o coyn._n answer_v i_o have_v already_o show_v the_o reason_n which_o proceed_v from_o the_o same_o as_o that_o of_o raise_v the_o foreign_a commodity_n in_o spain_n but_o i_o do_v not_o forese●_n any_o for_o the_o raise_v our_o exchange_n for_o if_o one_o hundred_o pound_n of_o our_o new_a raise_a money_n will_v purchase_v the_o same_o value_n of_o good_n as_o the_o old_a there_o can_v be_v no_o reason_n to_o alter_v the_o exchange_n although_o we_o shall_v our_o coyn._n but_o the_o member_n of_o the_o bank_n of_o england_n will_v be_v the_o person_n most_o capable_a to_o regulate_v the_o currant_n of_o exchange_n by_o their_o example_n in_o those_o place_n where_o there_o be_v any_o object_n but_o the_o land_a man_n of_o this_o kingdom_n be_v those_o on_o who_o the_o great_a burden_n of_o the_o war_n have_v lie_v hitherto_o and_o if_o our_o coin_n and_o bullion_n be_v raise_v of_o consequence_n their_o land_n will_v be_v worth_a so_o much_o less_o silver_n if_o sell_v than_o before_o answer_n we_o see_v tax_n lower_v the_o value_n of_o land_n and_o by_o the_o raise_n of_o our_o coin_n we_o excuse_v the_o raise_v a_o tax_n on_o it_o beside_o for_o raise_v of_o two_o million_o it_o be_v 20_o per_fw-la cent._n on_o the_o annual_a rent_n and_o i_o can_v sorsee_v where_o the_o land_a man_n can_v suffer_v by_o it_o but_o on_o the_o contrary_a of_o advantage_n to_o they_o to_o prove_v which_o we_o will_v suppose_v a_o gentleman_n of_o five_o hundred_o pound_n a_o year_n to_o have_v 100_o l._n worth_n of_o plate_n and_o uncoyn_v silver_n and_o gold_n and_o so_o each_o of_o they_o in_o proportion_n to_o their_o yearly_a income_n and_o that_o instead_o of_o pay_v 100_o l._n for_o five_o hundred_o a_o year_n they_o have_v at_o 8_o per_fw-la cent._n they_o i_o pay_v but_o two_o year_n interest_n of_o one_o hundred_o pound_n and_o can_v loose_v no_o more_o shall_v the_o coin_n and_o bullion_n be_v bring_v again_o to_o the_o present_a standard_n again_o i_o leave_v any_o to_o juda_v whether_o the_o land_a man_n will_v not_o suffer_v much_o more_o shall_v our_o kingdom_n be_v drain_v of_o its_o coin_n and_o bullion_n by_o which_o trade_n will_v decay_v and_o of_o consequence_n the_o value_n of_o land_n lessen_v as_o it_o will_v do_v if_o our_o money_n be_v not_o raise_v object_n in_o spain_n i_o remember_v on_o the_o rise_n of_o the_o money_n there_o be_v many_o law_n suit_v commence_v about_o the_o debt_n then_o owe_v whether_o they_o shall_v be_v pay_v in_o the_o old_a or_o new_a coin_n and_o for_o good_n contract_v and_o not_o receive_v and_o on_o money_n deposit_v and_o untell_v which_o in_o the_o end_n prove_v a_o loss_n to_o the_o creditor_n and_o if_o such_o shall_v happen_v here_o it_o will_v breed_v far_o great_a confusion_n answer_v from_o my_o proposal_n there_o can_v be_v no_o manner_n of_o dispute_n between_o debtor_n and_o creditor_n for_o the_o value_n dispute_v for_o in_o spain_n here_o go_v to_o the_o make_v good_a the_o clip_a money_n and_o can_v be_v no_o manner_n of_o advantage_n to_o either_o party_n object_n but_o gold_n and_o silver_n be_v rise_v every_o where_o abroad_o to_o to_o the_o value_n that_o our_o gold_n and_o silver_n go_v for_o here_o therefore_o the_o value_n of_o our_o bullion_n can_v be_v alter_v answer_v i_o must_v confess_v i_o have_v hear_v the_o same_o objection_n make_v but_o not_o by_o person_n who_o calling_n lead_v they_o to_o know_v otherwise_o and_o it_o be_v the_o praemio_fw-la of_o exchange_n and_o the_o charge_n or_o hazard_n that_o merchant_n be_v at_o extraordinary_a make_v our_o bullion_n the_o dear_a to_o bring_v home_o and_o be_v not_o dear_a at_o the_o place_n from_o whence_o it_o come_v the_o repository_n where_o the_o gold_n and_o silver_n be_v lay_v when_o bring_v from_o the_o indies_n be_v spain_n and_o if_o you_o will_v remit_v thither_o a_o bill_n of_o exchange_n for_o five_o hundred_o piece_n of_o eight_o you_o may_v buy_v with_o it_o as_o many_o mark_n of_o silver_n or_o castillanos_n of_o gold_n as_o you_o can_v have_v do_v before_o the_o war_n with_o the_o same_o money_n now_o that_o plate_n and_o gold_n be_v dear_a in_o france_n holland_n flanders_n etc._n etc._n proceed_v from_o what_o i_o above_o set_v forth_o have_v finish_n what_o i_o first_o propose_v i_o shall_v only_o add_v that_o unless_o our_o coin_a money_n be_v keep_v above_o the_o value_n of_o bullion_n we_o shall_v continue_v under_o the_o present_a inconvenience_n and_o therefore_o bullion_n out_o not_o to_o be_v export_v when_o it_o exceed_v such_o a_o rate_n but_o that_o price_n to_o be_v in_o reason_n for_o what_o it_o may_v cost_v the_o merchant_n importer_n extraordinary_a in_o time_n of_o war._n and_o if_o so_o our_o coin_n must_v be_v now_o advance_v whether_o by_o increase_v the_o value_n without_o alter_v the_o species_n or_o by_o diminish_v the_o matter_n and_o leave_v the_o same_o name_n and_o value_n or_o by_o leave_v the_o species_n of_o money_n of_o the_o same_o value_n and_o weight_n but_o the_o fineness_n abase_v by_o pu●ing_a more_o alloy_n will_v te●d_v all_o to_o the_o same_o end_n but_o if_o our_o coin_n be_v raise_v it_o be_v most_o certain_a our_o bullion_n will_v also_o and_o be_v only_o a_o advantage_n to_o particular_a person_n which_o if_o do_v by_o the_o method_n i_o propose_v will_v accrue_v to_o the_o nation_n in_o general_n and_o save_v the_o expense_n that_o it_o will_v otherwise_o be_v to_o the_o land_v men._n from_o what_o have_v be_v treat_v on_o we_o find_v that_o the_o regulate_v of_o our_o coin_n and_o the_o improvement_n of_o our_o trade_n be_v of_o equal_a necessity_n and_o the_o less_o useful_a we_o make_v foreign_a commodity_n among_o we_o the_o better_a we_o shall_v accomplish_v both_o and_o it_o be_v think_v the_o prohibition_n of_o musling_n alone_o will_v be_v at_o least_o five_o hundred_o thousand_o pound_n a_o year_n advantage_n to_o the_o nation_n and_o that_o the_o one_o three_o part_n of_o what_o be_v here_o expend_v be_v not_o bring_v direct_o from_o the_o indies_n but_o from_o holland_n which_o with_o other_o commodity_n much_o increase_v our_o debt_n on_o the_o balance_n of_o trade_n and_o may_v be_v supply_v by_o manufactory_n of_o our_o own_o finis_fw-la