Selected quad for the lemma: money_n

Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n ounce_n penny_n shilling_n 2,313 5 11.3242 5 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A48895 Some considerations of the consequences of the lowering of interest, and raising the value of money in a letter to a member of Parliament. Locke, John, 1632-1704. 1692 (1692) Wing L2760; ESTC R23025 87,869 202

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neither_o more_o or_o less_o land_n money_n or_o any_o sort_n of_o commodity_n in_o england_n than_o there_o be_v before_o immediate_o by_o its_o change_n alter_v not_o at_o all_o the_o value_n of_o money_n in_o reference_n to_o commodity_n because_o the_o measure_n of_o that_o be_v only_o the_o quantity_n and_o vent_n which_o be_v not_o immediate_o change_v by_o the_o change_n of_o interest_n but_o only_o as_o the_o change_n of_o interest_n in_o trade_n conduce_v to_o the_o bring_n in_o or_o carry_v out_o money_n or_o commodity_n and_o so_o in_o time_n vary_v their_o proportion_n here_o in_o england_n from_o what_o it_o be_v before_o which_o be_v not_o in_o this_o place_n to_o be_v consider_v this_o be_v perfect_o the_o value_n of_o money_n in_o respect_n of_o consumable_a commodity_n but_o the_o better_a to_o understand_v it_o in_o its_o full_a latitude_n in_o respect_n both_o of_o consumable_a commodity_n and_o land_n too_o we_o must_v consider_v first_o that_o the_o value_n of_o land_n consist_v in_o this_o that_o by_o its_o constant_a production_n of_o saleable_a commodity_n it_o bring_v in_o a_o certain_a yearly_a income_n second_o the_o value_n of_o commodity_n consist_v in_o this_o that_o as_o portable_a and_o useful_a thing_n they_o by_o their_o exchange_n or_o consumption_n supply_v the_o necessary_n or_o conveniency_n of_o life_n three_o in_o m●r●y_n there_o be_v a_o double_a value_n answer_v to_o both_o of_o these_o first_o as_o it_o be_v capable_a by_o its_o interest_n to_o yield_v we_o such_o a_o yearly_a income_n and_o in_o this_o it_o have_v the_o nature_n of_o land_n the_o income_n of_o one_o be_v call_v ren●_n of_o the_o other_o use_v only_o with_o this_o difference_n that_o the_o land_n in_o its_o soil_n be_v different_a as_o some_o fertile_a some_o barren_a and_o the_o product_n of_o it_o very_o various_a both_o in_o their_o sort_n and_o value_v too_o according_a as_o their_o quantity_n and_o vent_n vary_v but_o money●_n constant_o the_o same_o and_o by_o its_o interest_n give_v the_o same_o sort_n of_o product_n through_o the_o whole_a country_n be_v capable_a of_o have_v a_o sixed_a yearly_a rate_n set_v upon_o it_o by_o the_o magistrate_n but_o ●and_n be_v not_o but_o though_o in_o the_o uniformity_n of_o its_o legal_a worth_n 100_o l._n of_o lawful_a money_n be_v all_o through_o england_n equal_a in_o its_o current_a value_n to_o any_o other_o 100_o l._n of_o lawful_a money_n because_o by_o virtue_n of_o the_o law_n it_o will_v every_o where_o pass_v for_o as_o much_o ware_n or_o debt_n as_o any_o other_o hundred_o pound_n be_v capable_a to_o have_v its_o yearly_a hire_n value_v better_a than_o land_n yet_o in_o respect_n of_o the_o vary_a need_n and_o necessity_n of_o money_n which_o change_v with_o the_o increase_n or_o decay_v of_o money_n or_o trade_n in_o a_o country_n it_o be_v as_o little_a capable_a to_o have_v its_o yearly_a hire_n fix_v by_o law_n as_o land_n itself_o for_o be_v all_o the_o land_n in_o rumney-marsh_n acre_n for_o acre_n equal_o good_a that_o be_v do_v constant_o produce_v the_o same_o quantity_n of_o equal_o good_a hay_n or_o grass_n one_o as_o another_o the_o rent_n of_o it_o under_o that_o consideration_n of_o every_o acre_n be_v of_o a_o equal_a worth_n will_v be_v capable_a of_o be_v regulate_v by_o law_n and_o one_o may_v as_o well_o enact_v that_o no_o acre_n of_o land_n in_o rumney-marsh_n shall_v be_v let_v for_o above_o 40_o s._n per_fw-la an._n as_o that_o no_o 100_o l._n shall_v be_v let_v for_o above_o 4_o l._n per_fw-la an._n but_o no_o body_n can_v think_v it_o fit_a since_o by_o reason_n of_o the_o equal_a value_n of_o that_o land_n it_o can_v that_o therefore_o the_o rent_n of_o the_o land_n in_o rumney-marsh_n shall_v be_v regulate_v by_o law_n for_o suppose_v all_o the_o land_n in_o rumney-marsh_n or_o in_o england_n be_v all_o of_o so_o equal_a a_o worth_n that_o any_o one_o acre_n compare_v at_o the_o same_o time_n to_o any_o one_o other_o be_v equal_o good_a in_o respect_n of_o its_o product_n yet_o the_o same_o acre_n compare_v with_o itself_o in_o different_a time_n will_v not_o in_o respect_n of_o rent_n be_v of_o equal_a value_n and_o therefore_o it_o will_v have_v be_v a_o unreasonable_a thing_n if_o in_o the_o time_n of_o henry●_n ●_z the_o rent_n of_o land_n in_o rumney-marsh_n have_v be_v settle_v by_o a_o law_n according_a to_o the_o judge_v value_n of_o it_o at_o that_o time_n and_o the_o same_o law_n limit_v the_o rent_n perhaps_o to_o 5_o s._n per_fw-la acre_n have_v continue_v still_o the_o absurdity_n and_o impracticableness_n of_o this_o every_o one_o see_v at_o the_o first_o proposal_n and_o ready_o conclude_v within_o himself_o that_o thing_n must_v be_v leave_v to_o find_v their_o own_o price●_n and_o it_o be_v impossible_a in_o this_o their_o constant_a mutability_n for_o human_a foresight_n to_o se●_n rule_n and_o bound_n to_o th●_n constantly-varying_a proportion_n and_o use_v which_o will_v always_o regulate_v their_o value_n they_o who_o consider_v thing_n beyond_o their_o name_n will_v find_v that_o money_n as_o well_o as_o all_o other_o commodity_n be_v liable_a to_o the_o same_o change_n and_o inequality_n nay_o in_o this_o respect_n of_o the_o variety_n of_o its_o value_n bring_v in_o by_o time_n in_o the_o succession_n of_o affair_n the_o rate_n of_o money_n be_v less_o capable_a of_o be_v regulate_v by_o a_o law_n in_o any_o country_n than_o the_o rent_n of_o land_n because_o of_o the_o quick_a change_n that_o happen_v in_o trade_n this_o too_o must_v be_v add_v that_o money_n may_v be_v bring_v in_o or_o carry_v out_o of_o the_o kingdom_n which_o land_n can_v and_o so_o that_o be_v true_o worth_a 6_o or_o 8_o per_fw-la cent._n this_o year_n which_o will_v yield_v but_o 4_o the_o last_o 2._o money_n have_v a_o value_n as_o it_o be_v capable_a by_o exchange_n to_o procure_v we_o the_o necessary_n or_o conveniency_n of_o life_n and_o in_o this_o it_o have_v the_o nature_n of_o a_o commodity_n only_o with_o this_o difference_n that_o it_o serve_v we_o common_o by_o its_o exchange_n never_o almost_o by_o its_o consumption_n but_o have_v not_o at_o all_o a_o more_o stand_v settle_a value_n in_o exchange_n with_o any_o other_o thing_n than_o any_o other_o commodity_n have_v but_o a_o more_o know_a one_o and_o better_o fix_v by_o name_n number_n and_o weight_n to_o enable_v we_o to_o reckon_v what_o the_o proportion_n of_o scarcity_n and_o vent_n of_o one_o commodity_n be_v to_o another_o for_o suppose_v as_o before_o that_o half_o a_o ounce_n of_o silver_n will_v last_v year_n exchange_v for_o one_o bushel_n of_o wheat_n or_o for_o 15_o l._n weight_n of_o lead_n if_o this_o year_n wheat_n be_v 10_o time_n scarce_a and_o lead_v in_o the_o same_o quantity_n to_o its_o vent_n as_o it_o be_v be_v it_o not_o evident_a that_o half_a a_o ounce_n of_o silver_n will_v still_o exchange_v for_o 15_o l._n of_o lead_n though_o it_o will_v exchange_v but_o for_o one_o ten_o of_o a_o bushel_n of_o wheat_n and_o he_o that_o have_v use_v of_o lead_n will_v as_o soon_o take_v 15_o l._n weight_n of_o lead_n as_o ●_o ounce_n of_o silver_n for_o one_o ten_o of_o a_o bushel_n of_o wheat_n and_o no_o more_o so_o that_o if_o you_o say_v that_o money_n now_o be_v 9_o 10_o less_o worth_a than_o it_o be_v the_o former_a year_n you_o must_v say_v so_o of_o lead_n too_o and_o all_o other_o thing_n that_o keep_v the_o same_o proportion_n to_o money_n they_o be_v in_o before_o only_o this_o variation_n be_v first_o observe_v in_o money_n because_o it_o be_v the_o measure_n by_o which_o people_n reckon_v for_o call_v that_o half_a ounce_n of_o silver_n half_n a_o crown_n they_o be_v understand_v better_o when_o they_o say_v half_o a_o crown_n or_o two_o shilling_n and_o six_o penny_n will_v now_o but_o 1_o 10_o of_o a_o bushel_n of_o wheat_n but_o do_v not_o say_v that_o 15_o l._n of_o lead_n will_v now_o but_o 1_o 10_o of_o a_o bushe●_n of_o wheat_n because_o it_o be_v not_o general_o use_v to_o this_o sort_n of_o reckon_a nor_o do_v the●_n say_v lead_n be_v less_o worth_a than_o it_o be_v though_o in_o respect_n of_o wheat_n lead_v be_v 〈…〉_z worse_o than_o it_o be_v as_o well_o as_o silver_n only_o by_o the_o tale_n of_o shilling_n we_o be_v better_o enable_v to_o judge_v of_o it_o this_o i_o suppose_v be_v the_o true_a value_n of_o m●●ney_n when_o it_o pass_v from_o one_o to_o another_o in_o buy_v and_o sell_v where_o it_o run_v the_o same_o change_n of_o high_a and_o low_o as_o an●_n other_o commodity_n do_v for_o one_o equ●●_n quantity_n whereof_o you_o shall_v receive_v more_o or_o less_o of_o another_o commodity_n at_o on●_n time_n than_o you_o do_v at_o another_o in_o
shall_v be_v pay_v in_o the_o new_a it_o be_v not_o to_o be_v deny_v but_o that_o where_o any_o man_n have_v a_o rent-sec_a that_o can_v never_o be_v more_o this_o may_v somewhat_o affect_v it_o but_o so_o very_o little_a it_o will_v scarce_o ever_o at_o all_o be_v perceive_v ans._n as_o much_o as_o it_o will_v be_v gain_n to_o melt_v down_o their_o coin_n so_o much_o loss_n will_v it_o ●e_v to_o those_o who_o be_v pay_v in_o the_o new_a 〈◊〉_d 5_o per_fw-la cent●_n ●_z which_o i_o suppose_v be_v more_o than_o the_o author_n will_v be_v willing_a to_o lose_v unless_o he_o get_v by_o it_o another_o way_n rem_fw-la and_o if_o the_o alteration_n design_v shall_v have_v the_o effect_n of_o make_v our_o native_a commodity_n any_o way_n dear_a ans._n here_o the_o author_n confess_v that_o proportionable_o as_o your_o money_n be_v raise_v the_o price_n of_o other_o thing_n will_v be_v raise_v too_o but_o to_o make_v amends_o he_o say_v rem_fw-la it_o do_v at_o the_o same_o time_n make_v the_o land_n which_o produce_v they_o of_o more_o than_o so_o much_o more_o in_o value_n ans._n this_o more_o than_o so_o much_o more_o in_o value_n be_v more_o than_o our_o author_n or_o any_o body_n else_o for_o he_o will_v ever_o be_v able_a to_o make_v out_o the_o price_n of_o thing_n will_v always_o be_v estimate_v by_o the_o quantity_n of_o silver_n be_v give_v in_o exchange_n for_o they_o and_o if_o you_o make_v your_o money_n less_o in_o weight_n it_o must_v be_v make_v up_o in_o tale._n this_o be_v all_o this_o great_a mystery_n of_o raise_v money_n and_o raise_v land_n for_o example_n the_o manor_n of_o blackacre_n will_v yesterday_o have_v yield_v 100000_o crown_n which_o let_v we_o suppose_v numero_fw-la re●und●_n to_o be_v ounce_n a_o piece_n of_o standard_n silver_n to_o day_n your_o new_a coin_n come_v in_o play_n which_o be_v 5_o per_fw-mi cent_z light_a there_o be_v your_o money_n raise_v the_o land_n now_o at_o sale_n yield_v 105000_o crown_n which_o be_v just_a the_o same_o 100000_o ounce_n of_o standard_n silver_n there_o be_v the_o land_n raise_v and_o be_v not_o this_o a_o admirable_a invention_n for_o which_o the_o public_a aught_o to_o be_v at_o charge_n for_o new_a coinage_n and_o all_o your_o commerce_n put_v in_o disorder_n and_o then_o to_o recommend_v this_o invention_n you_o be_v tell_v as_o a_o great_a secret_n that_o have_v not_o money_n from_o time_n to_o time_n be_v raise_v in_o its_o denomination_n land_n have_v not_o so_o rise_v too_o which_o be_v to_o say_v have_v not_o your_o money_n be_v make_v light_a few_o piece_n of_o it_o will_v have_v buy_v as_o much_o land_n as_o a_o great_a number_n do_v now_o rem_fw-la the_o loss_n of_o payment_n therespoken_v of_o will_n in_o no_o sort_n be_v so_o great_a as_o if_o the_o party_n to_o who_o these_o debt_n be_v owe_v be_v now_o bind_v to_o receive_v they_o in_o the_o money_n now_o pass_v and_o then_o to_o melt_v the_o same_o down_o so_o at_o this_o they_o will_v have_v no_o cause_n to_o complain_v ans._n a_o very_a good_a argument_n the_o clipper_n have_v robe_v the_o public_a of_o a_o good_a part_n of_o their_o money_n which_o man_n will_v some_o time_n or_o other_o find_v in_o the_o payment_n they_o receive_v and_o it_o be_v desire_v the_o mint_n may_v have_v a_o liberty_n to_o be_v beforehand_o in_o it_o they_o be_v tell_v they_o will_v have_v no_o reason_n to_o complain_v at_o it_o who_o suffer_v this_o loss_n because_o it_o be_v not_o so_o great_a as_o the_o other_o the_o damage_n be_v already_o do_v to_o the_o public_a by_o clip_v where_o at_o last_o it_o will_v light_v i_o can_v tell_v but_o man_n who_o receive_v clip_v money_n not_o be_v force_v to_o melt_v it_o down_o do_v not_o yet_o receive_v any_o loss_n by_o it_o when_o clip_v money_n will_v no_o long_o change_v for_o weighty_a than_o those_o who_o have_v clip_v money_n in_o their_o hand_n will_v find_v the_o loss_n of_o it_o rem_fw-la it_o will_v make_v the_o custom_n better_o pay_v because_o there_o will_v be_v more_o money_n ans._n that_o there_o will_v be_v more_o money_n in_o tale_n it_o be_v possible_a that_o there_o will_v be_v more_o money_n in_o weight_n and_o worth_n the_o author_n ought_v to_o show_v and_o then_o whatever_o become_v of_o the_o custom_n which_o i_o do_v not_o hear_v be_v unpaid_a now_o the_o king_n will_v lose_v in_o the_o excise_n above_o 30000_o l._n per_fw-la annum_fw-la for_o in_o all_o tax_n where_o so_o many_o pound_n shilling_n or_o penny_n be_v determine_v by_o the_o law_n to_o be_v pay_v there_o the_o king_n will_v lose_v 5_o per_fw-la cent._n the_o author_n here_o as_o in_o other_o place_n give_v a_o good_a reason_n for_o it_o for_o his_o majesty_n be_v to_o pay_v away_o this_o money_n by_o tale_n as_o he_o receive_v it_o it_o will_v be_v to_o he_o no_o loss_n at_o all_o as_o if_o my_o receive_v my_o rent_n in_o full_a tale_n but_o in_o money_n of_o undervalue_v 5_o per_fw-mi cent_z be_v not_o so_o much_o loss_n to_o i_o because_o i_o be_v to_o pay_v it_o away_o again_o by_o tale._n try_v it_o at_o 50_o per_fw-la cent._n the_o odds_o only_o be_v that_o one_o be_v great_a than_o the_o other_o will_v make_v more_o noise_n but_o our_o author_n be_v great_a refuge_n in_o this_o be_v that_o it_o will_v not_o be_v perceive_v remark_n if_o all_o foreign_a commodity_n be_v to_o be_v purchase_v with_o this_o new_a species_n of_o money_n send_v out_o we_o agree_v that_o with_o 100_o l._n of_o it_o there_o can_v not_o be_v so_o much_o silver_n or_o other_o commodity_n buy_v as_o with_o 100_o l._n in_o crown_n piece_n as_o now_o coin_v because_o they_o will_v be_v heavy_a and_o all_o coin_n in_o any_o kingdom_n but_o where_o it_o be_v coin_v only_o go_v by_o weight_n and_o for_o the_o same_o weight_n of_o silver_n the_o same_o every_o where_o still_o will_v be_v buy_v and_o so_o there_o will_v with_o the_o same_o quantity_n of_o good_n and_o if_o those_o good_n shall_v cost_v 5_o per_fw-mi cent_z more_fw-mi here_o in_o england_n than_o 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preference_n with_o other_o conveniency_n and_o therefore_o in_o any_o one_o of_o these_o commodity_n the_o value_n rise_v only_o as_o its_o quantity_n be_v less_o and_o vent_v great_a which_o depend_v upon_o its_o be_v prefer_v to_o other_o thing_n in_o its_o consumption_n for_o suppose_v that_o at_o the_o same_o time_n that_o there_o be_v a_o g●●at_a scarcity_n of_o wh●●t_n and_o other_o grain_n there_o be_v a_o considerable_a quantity_n of_o o●●s_n man_n no_o question_n will_v give_v far_o more_o for_o wheat_n than_o oat_n as_o be_v the_o healthy_a pleasant_a and_o more_o convenient_a food_n but_o since_o oat_n will_v serve_v to_o supply_v that_o absolute_a necessity_n of_o sustain_a life_n man_n will_v not_o rob_v themselves_o of_o all_o other_o conveniency_n of_o life_n by_o pay_v all_o their_o money_n for_o wheat_n when_o oat_n that_o be_v cheap_a though_o with_o some_o inconvenience_n will_v supply_v that_o defect_n it_o may_v then_o so_o happen_v at_o the_o same_o time_n that_o half_o a_o ounce_n of_o silver_n that_o the_o year_n before_o will_v buy_v one_o bushel_n of_o wheat_n will_v this_o year_n buy_v but_o 1_o 10_o of_o a_o bushel_n half_o a_o ounce_n of_o silver_n that_o the_o year_n before_o will_v have_v buy_v three_o bushel_n of_o oat_n will_v this_o year_n still_o buy_v one_o bushel_n and_o at_o the_o same_o time_n half_a a_o ounce_n of_o silver_n that_o will_v the_o year_n before_o have_v buy_v 15_o pound_n of_o lead_n will_v still_o buy_v the_o same_o quantity_n so_o that_o at_o the_o same_o time_n silver_n in_o respect_n of_o wheat_n be_v 9_o 10_o less_o worth_a than_o it_o be_v in_o respect_n of_o oat_n ⅔_n less_o worth_a and_o in_o respect_n of_o lead_n as_o much_o worth_n as_o before_o the_o fall_n therefore_o or_o rise_v of_o interest_n make_v
it_o to_o the_o value_n of_o 20._o for_o if_o 19_o ounce_n of_o silver_n can_v be_v worth_a 20_o ounce_n of_o silver_n or_o pay_v for_o as_o much_o of_o any_o other_o commodity_n than_o 18_o 1●_n or_o ●_o ounce_n may_v do_v the_o same_o for_o if_o the_o abate_v 1_o 20_o of_o the_o quantity_n of_o silver_n of_o any_o coin_n do_v not_o lessen_v its_o value_n the_o abate_v 1●_n 20_o of_o the_o quantity_n of_o the_o silver_n of_o any_o coin_n will_v not_o abate_v its_o value_n and_o so_o a_o single_a threepence_n or_o a_o single_a penny_n be_v call_v a_o crown_n will_v buy_v as_o much_o spice_n or_o silk_n or_o any_o other_o commodity_n as_o a_o crown-piece_n which_o contain_v 20_o or_o 60_o time_n as_o much_o silver_n which_o be_v a_o absurdity_n so_o great_a that_o i_o think_v no_o body_n will_v want_v eye_n to_o see_v and_o sense_n to_o disow_v now_o this_o raise_v your_o money_n or_o give_v a_o less_o quantity_n of_o silver_n the_o stamp_n and_o denomination_n of_o a_o great_a may_v 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but_o 2_o ●_o of_o the_o weight_n that_o those_o species_n be_v coin_v at_o now_o or_o else_o be_v of_o the_o same_o weight_n be_v alloy_v with_o ⅓_n of_o copper_n 〈…〉_z 〈…〉_z and_o shall_v thus_o by_o law_n be_v make_v current_n the_o rest_n of_o your_o silver_n money_n be_v keep_v to_o the_o present_a standard_n in_o weight_n and_o fineness_n it_o be_v plain_a those_o species_n will_v be_v raise_v ⅓_n part_n that_o pass_v for_o 6_o d_o which_o have_v but_o the_o silver_n of_o 4_o d_o in_o it_o and_o will_v be_v all_o one_o as_o if_o a_o groat_n shall_v by_o law_n be_v make_v current_n for_o 6_o d_o and_o every_o 6_o d_o in_o payment_n pass_v for_o 9_o d._n this_o be_v true_o raise_v the_o species_n but_o be_v no_o more_o in_o effect_n than_o if_o the_o mine_n shall_v coin_v clip_v money_n and_o have_v beside_o the_o cheat_n that_o be_v put_v by_o such_o base_a or_o light_a money_n on_o every_o particular_a man_n that_o receive_v it_o that_o he_o want_v ⅓_n of_o that_o real_a value_n which_o the_o public_a aught_o to_o secure_v he_o in_o the_o money_n it_o oblige_v he_o to_o receive_v as_o lawful_a and_o current_a it_o has●_n i_o say_v this_o great_a and_o unavoidable_a inconvenience_n to_o the_o public_a that_o beside_o the_o opportunity_n it_o give_v to_o domestic_a coin●●●_n to_o cheat_v you_o with_o lawful_a money_n it_o p●●●_n it_o into_o the_o hand_n of_o foreigner_n to_o 〈◊〉_d away_o your_o money_n without_o any_o commodity_n for_o it●_n for_o if_o they_o find_v that_o twopenny_n weight_n of_o silver_n mark_v with_o a_o certain_a impression_n shall_v ●●re_v in_o e●gland_n be_v equivalent_a to_o 3_o d_o weight_n mark_v with_o another_o impression_n they_o will_v not_o fail_v to_o 〈◊〉_d piece_n of_o that_o fashion_n and_o so_o import_v that_o base_a and_o low_a coin_n will_n here_o in_o england_n receive_v 3_o d_o for_o 2_o d_o and_o quick_o carry_v away_o your_o silver_n in_o exchange_n for_o copper_n or_o bare_o the_o charge_n of_o coinage_n this_o be_v 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to_o be_v keep_v in_o each_o species_n according_a to_o the_o respective_a rate_n set_v on_o each_o of_o they_o by_o law_n and_o when_o this_o be_v ever_o vary_v from_o it_o be_v but_o a_o trick_n to_o serve_v some_o present_a occasion_n but_o be_v always_o with_o loss_n to_o the_o country_n where_o the_o trick_n be_v play_v 2._o the_o other_o way_n of_o raise_v m●ny_n be_v by_o raise_v all_o your_o silver_n coin_n at_o once_o the_o proportion_n of_o a_o crown_n a_o shilling_n and_o a_o penny_n in_o reference_n to_o one_o another_o be_v still_o keep_v viz._n that_o a_o shilling_n shall_v weigh_v 1_o ●_o of_o a_o crown_n piece_n and_o a_o penny_n weigh_v 1_o 12_o of_o a_o shilling_n in_o standard_n silver_n but_o out_o of_o every_o one_o of_o these_o you_o abate_v 1_o 20_o of_o the_o silver_n they_o be_v wont_a to_o have_v in_o they_o if_o all_o the_o species_n of_o money_n be_v as_o it_o be_v call_v raise_v by_o make_v each_o of_o they_o to_o have_v 1_o 2d_o less_o of_o silver_n in_o 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confess_v your_o money_n be_v not_o raise_v in_o value_n but_o in_o denomination_n since_o what_o your_o new_a piece_n want_v in_o weight_n must_v now_o be_v make_v up_o in_o their_o number_n but_o which_o way_n ever_o this_o fall_n it_o be_v certain_a the_o public_a which_o most_o man_n think_v aught_o to_o be_v the_o only_a reason_n of_o change_v a_o settle_a law_n and_o disturb_v the_o common_a current_a course_n of_o thing_n receive_v not_o the_o least_o profit_n by_o it_o nay_o as_o we_o shall_v see_v by_o and_o by_o it_o will_v be_v a_o great_a charge_n and_o loss_n to_o the_o kingdom_n but_o this_o at_o first_o
two_o different_a thing_n steady_o at_o the_o same_o price_n one_o with_o another_o as_o to_o keep_v two_o thing_n in_o a_o aequilibrium_fw-la where_o their_o vary_a weight_n depend_v on_o different_a cause_n put_v a_o piece_n of_o sponge_n in_o one_o scale_n and_o a_o exact_a counterpoise_n of_o silver_n in_o the_o other_o you_o will_v be_v mighty_o mistake_v if_o you_o imagine_v that_o because_o th●t_o they_o be_v to_o day_n equal_a they_o shall_v always_o remain_v so_o the_o weight_n of_o the_o sponge_n vary_v with_o every_o change_n of_o moisture_n in_o the_o air_n the_o silver_n in_o the_o opposite_a scale_n will_v sometime_o rise_v and_o sometime_o fall_n this_o be_v just_a the_o state_n of_o silver_n and_o gold_n in_o regard_n of_o their_o mutual_a value_n their_o proportion_n or_o use_v may_v nay_o constant_o do_v vary_v and_o with_o it_o their_o price_n for_o be_v estimate_v one_o in_o reference_n to_o the_o other_o they_o be_v as_o it_o be_v put_v in_o opposite_a scale_n and_o as_o the_o one_o rise_v the_o other_o fall_v and_o so_o on_o the_o contrary_n farthing_n make_v of_o a_o base_a metal_n may_v on_o this_o account_n too_o deserve_v your_o consideration_n for_o whatsoever_o coin_n you_o make_v current_n above_o the_o intrinsic_a value_n will_v always_o be_v damage_n to_o the_o public_a whoever_o get_v by_o it_o but_o of_o this_o i_o shall_v not_o at_o present_a enter_v into_o a_o more_o particular_a enquiry_n only_o this_o i_o will_v confident_o affirm_v that_o it_o be_v the_o interest_n of_o every_o country_n that_o all_o the_o current_n money_n of_o it_o shall_v be_v of_o one_o and_o the_o same_o metal_n that_o the_o several_a species_n shall_v be_v all_o of_o the_o same_o alloy_n and_o none_o of_o a_o base_a mixture_n and_o that_o the_o standard_n once_o thus_o settle_v shall_v be_v inviolable_o and_o immutable_o keep_v to_o perpetuity_n for_o whenever_o that_o be_v alter_v upon_o what_o pretence_n soever_o the_o public_a will_v lose_v by_o it_o since_o than_o it_o will_v neither_o bring_v we_o in_o more_o money_n bullion_n nor_o trade_n nor_o keep_v that_o we_o have_v here_o nor_o hinder_v our_o weighty_a money_n of_o what_o denomination_n soever_o from_o be_v melt_v to_o what_o purpose_n shall_v the_o kingdom_n be_v at_o the_o charge_n of_o coin_v all_o our_o money_n anew_o for_o i_o do_v not_o suppose_v any_o body_n can_v propose_v that_o we_o shall_v have_v two_o sort_n of_o money_n at_o the_o same_o time_n one_o heavy_a and_o the_o other_o light_a as_o it_o come_v from_o the_o mint_n that_o be_v very_o absurd_a to_o imagine_v so_o that_o if_o all_o your_o old_a money_n must_v be_v coin_v over_o again_o it_o will_v indeed_o be_v some_o advantage_n and_o that_o a_o very_a considerable_a one_o to_o the_o officer_n of_o the_o mint_n for_o they_o be_v allow_v 3_o s._n 6_o d._n for_o the_o coinage_n of_o every_o pound_n troy_n which_o be_v very_o near_o 5_o ½_o per_fw-la cent_z if_o our_o money_n be_v six_o million_o and_o must_v be_v coin_v all_o over_o again_o it_o will_v cost_v the_o nation_n to_o the_o mint_n 330000_o l._n if_o the_o c●ipt_n money_n must_v escape_v because_o it_o be_v already_o as_o light_v as_o your_o new_a standard_n do_v you_o not_o own_o that_o this_o design_n of_o new_a coinage_n be_v just_a of_o the_o nature_n of_o c●ipping_v this_o business_n of_o money_n and_o coinage_n be_v by_o some_o man_n and_o among_o they_o some_o very_a ingenious_a person_n think_v a_o great_a mystery_n and_o very_o hard_a to_o be_v understand_v not_o that_o true_o in_o itself_o it_o be_v so_o but_o because_o interest_v people_n that_o treat_v of_o it_o wrap_v up_o the_o secret_a they_o make_v advantage_n of_o in_o mystical_a obscure_a and_o unintelligible_a way_n of_o talk_v which_o man_n from_o a_o preconceived_a opinion_n of_o the_o difficulty_n of_o the_o subject_n take_v for_o sense_n in_o a_o matter_n not_o easy_a to_o be_v penetrate_v but_o by_o the_o man_n of_o art_n let_v pass_v for_o current_n without_o examination_n whereas_o will_v they_o look_v into_o those_o discourse_n inquire_v what_o meaning_n their_o word_n have_v they_o will_v find_v for_o the_o most_o part_n either_o their_o position_n to_o be_v false_a their_o deduction_n to_o be_v wrong_n or_o which_o often_o happen_v their_o word_n to_o have_v no_o distinct_a meaning_n at_o all_o where_o none_o of_o these_o be_v there_o their_o plain_n true●_n honest_a sense_n will_v prove_v very_o easy_a and_o intelligible_a if_o express_v in_o ordinary_a and_o direct_a language_n that_o this_o be_v so_o i_o shall_v show_v by_o examine_v a_o print_a sheet_n on_o this_o subject_a entitle_v remark_n on_o a_o paper_n give_v in_o to_o the_o lord_n etc._n etc._n remark_n it_o be_v certain_a that_o what_o place_n soever_o will_v give_v most_o for_o silver_n by_o weight_n it_o will_v thither_o be_v carry_v and_o sell_v and_o if_o of_o the_o money_n which_o now_o pass_v in_o england_n there_o can_v be_v 5_o s._n 5_o d._n the_o ounce_n give_v for_o standard_n silver_n at_o the_o mint_n when_o but_o 5_o s._n 4_o d._n of_o the_o very_a same_o money_n can_v be_v give_v elsewhere_o for_o it_o it_o will_v be_v certain_o bring_v to_o the_o mint_n and_o when_o coin_v can_v be_v sell_v have_v one_o penny_n overvalue_v set_v upon_o it_o by_o the_o ounce_n for_o the_o same_o that_o other_o plate_n may_v be_v buy_v for_o so_o will_v be_v leave_v unmelted_a at_o least_o it_o will_v be_v the_o interest_n of_o any_o exporter_n to_o buy_v plate_n to_o send_v out_o before_o money_n whereas_o now_o it_o be_v his_o interest_n to_o buy_v money_n to_o send_v out_o before_o plate_n answ._n the_o author_n will_v do_v well_o to_o make_v it_o intelligible_a how_o of_o the_o money_n that_o now_o pass_v in_o england_n at_o the_o mint_n can_v be_v give_v 5_o s._n 5_o d._n the_o ounce_n for_o standard_n silver_n when_o but_o 5_o s._n 4_o d._n of_o the_o same_o money_n can_v be_v give_v elsewhere_o for_o it_o next_o how_o it_o have_v one_o penny_n overvalue_v set_v upon_o it_o by_o the_o ounce_n so_o that_o when_o coin_v it_o can_v be_v sold._n this_o to_o a_o ordinary_a reader_n look_v very_o mysterious_a and_o i_o fear_v be_v so_o as_o either_o signify_v nothing_o at_o all_o or_o nothing_o that_o will_v hold_v for_o 1._o i_o ask_v who_o be_v it_o at_o the_o mint_n that_o can_v give_v 5_o s._n 5_o d._n per_fw-la ounce_n for_o standard_n silver_n when_o no_o body_n else_o can_v give_v above_o 5_o s._n 4_o d_o be_v it_o the_o king_n or_o be_v it_o the_o master_n worker_n or_o any_o of_o the_o officer_n for_o to_o give_v 5_o s._n 5_o d._n for_o what_o will_v yield_v but_o 5_o s._n 4_o d._n to_o any_o body_n else_o be_v to_o give_v 1_o ●5_n part_v more_o than_o it_o be_v worth_a for_o so_o much_o every_o thing_n be_v worth_a as_o it_o will_v yield_v and_o i_o do_v not_o see_v how_o this_o can_v turn_v to_o account_v to_o the_o king_n or_o be_v bear_v by_o any_o body_n else_o 2._o i_o ask_v how_o a_o penny_n overvalue_v can_v be_v set_v upon_o it_o by_o the_o o●ne●_n so_o that_o it_o can_v be_v sell_v this_o be_v so_o mysterious_a that_o i_o think_v it_o near_o impossible_a for_o a_o equal_a quantity_n of_o standard_n silver_n will_v always_o be_v just_o worth_a a_o equal_a quantity_n of_o standard_n silver_n and_o it_o be_v utter_o impossible_a to_o make_v 64_o part_n of_o standard_n silver_n equal_a to_o or_o worth_a 65_o part_n of_o the_o same_o standard_n silver_n which_o be_v mean_v by_o set_v a_o penny_n overvalue_v upon_o it_o by_o the_o ounce_n if_o that_o have_v any_o meaning_n at_o all_o indeed_o by_o the_o workmanship_n of_o it_o 64_o ounce_n of_o standard_n silver_n may_v be_v make_v not_o only_o worth_a 65_o ounce_n but_o 70_o or_o 80._o but_o the_o coinage_n which_o be_v all_o the_o workmanship_n here_o be_v pay_v for_o by_o a_o tax_n i_o do_v not_o see_v how_o that_o can_v be_v reckon_v at_o all_o or_o if_o it_o be_v it_o must_v raise_v every_o 5_o s_z and_o 4_o d_o coin_v to_o above_o 5_o s._n 5_o d._n if_o i_o carry_v 64_o ounce_n of_o standard_n silver_n in_o bullion_n to_o the_o mint_n to_o be_v coin_v shall_v i_o not_o have_v just_a 64_o ounce_n back_o again_o for_o it_o in_o coin_n and_o if_o so_o can_v these_o 64_o ounce_n of_o coin_v standard_n silver_n be_v possible_o make_v worth_n 65_o ounce_n of_o the_o same_o standard_n silver_n uncoined_a when_o they_o cost_v i_o no_o more_o and_o i_o can_v for_o bare_o go_v to_o the_o mint_n have_v 64_o ounce_n of_o standard_n silver_n in_o bullion_n turn_v into_o coin_n cheapness_n of_o coinage_n in_o england_n where_o it_o cost_v nothing_o will_n indeed_o make_v money_n be_v soon_o
lose_a trade_n contract_v debt_n with_o our_o neighbour_n they_o will_v put_v a_o great_a value_n on_o our_o silver_n and_o more_o money_n will_v be_v get_v by_o transport_v silver_n than_o any_o thing_n can_v be_v send_v which_o come_v about_o thus_o suppose_v that_o by_o a_o overbalance_n of_o their_o trade_n whether_o by_o a_o sale_n of_o pepper_n spice_n and_o other_o east-india_n commodity_n it_o matter_n not_o we_o have_v receive_v great_a quantity_n of_o good_n within_o these_o two_o or_o three_o month_n from_o h●lland_n and_o send_v but_o little_a thither_o so_o that_o the_o account_n balance_v between_o the_o inhabitant_n of_o england_n and_o the_o unite_a province_n we_o of_o england_n be_v a_o million_o in_o their_o debt_n what_o will_v follow_v from_o hence_o this_o that_o these_o dutch_a creditor_n desire_v to_o have_v what_o be_v due_a to_o they_o give_v order_n to_o their_o factor_n and_o correspondent_n here_o to_o return_v it_o they_o for_o inquire_v as_o we_o do_v what_o be_v the_o effect_n of_o a_o overbalance_n of_o trade_n we_o must_v not_o suppose_v they_o invest_v their_o debt_n in_o commodity_n and_o return_v their_o effect_n that_o way_n a_o million_o then_o be_v to_o be_v return_v from_o england_n to_o holland_n in_o money_n every_o one_o seek_v bill_n of_o exchange_n but_o englishman_n not_o have_v debt_n in_o holland_n to_o answer_v this_o million_o or_o any_o the_o least_o part_n of_o it_o bill_n be_v not_o to_o be_v get_v this_o present_o make_v the_o exchange_n very_o high_a upon_o which_o the_o banker_n etc._n etc._n who_o have_v the_o command_n of_o great_a quantity_n of_o money_n and_o bullion_n send_v that_o away_o to_o holland_n in_o specie_fw-la and_o so_o take_v money_n here_o to_o pay_v it_o again_o there_o upon_o their_o bill_n at_o such_o a_o rate_n of_o exchange_n as_o give_v they_o five_o ten_o fifteen_o etc._n etc._n per_fw-la cent._n profit_n and_o thus_o sometime_o a_o 5_o s._n piece_n of_o our_o milled_a money_n may_v true_o be_v say_v to_o be_v worth_a 5_o s._n 3_o d._n 4_o d._n 6_o d._n 9_o d._n in_o holland_n and_o if_o this_o be_v the_o great_a value_n of_o silver_n in_o this_o part_n of_o the_o world_n i_o easy_o grant_v it_o he_o but_o this_o great_a value_n be_v to_o be_v remedy_v not_o by_o the_o alteration_n of_o our_o mint_n but_o by_o the_o regulation_n and_o balance_n of_o our_o trade_n for_o be_v your_o coin_n what_o it_o will_v our_o neighbour_n if_o they_o overbalance_n we_o in_o trade_n will_v not_o only_o have_v a_o great_a value_n for_o our_o silver_n but_o get_v it_o too_o and_o there_o will_v be_v more_o to_o be_v get_v by_o export_v silver_n to_o they_o than_o by_o any_o other_o thing_n can_v be_v send_v remark_n the_o alteration_n of_o the_o coin_n in_o spain_n and_o portugal_n be_v no_o way_n at_o all_o like_a this_o for_o there_o they_o alter_v in_o denomination_n near_o half_a to_o deceive_v those_o they_o pay_v with_o pay_v those_o to_o who_o they_o owe_v one_o ounce_n of_o silver_n but_o half_o a_o ounce_n for_o it_o but_o in_o the_o alteration_n here_o design_v to_o whoever_o a_o ounce_n of_o silver_n be_v owe_v a_o ounce_n will_v be_v pay_v in_o this_o money_n it_o be_v here_o only_o design_v that_o a_o ounce_n of_o money_n shall_v equal_v a_o ounce_n of_o silver_n in_o value_n at_o home_n as_o well_o as_o abroad_o which_o now_o it_o do_v not_o answer_n in_o this_o paragraph_n the_o author_n confess_v the_o alteration_n of_o the_o coin_n in_o spain_n and_o portugal_n be_v a_o cheat_n but_o the_o alteration_n here_o design_v he_o say_v be_v not_o but_o the_o reason_n he_o give_v for_o it_o be_v admirable_a viz._n because_o they_o there_o alter_v in_o denomination_n near_o half_a and_o here_o the_o denomination_n be_v alter_v but_o 5_o per_fw-mi cent_z for_o so_o in_o truth_n it_o be_v whatever_o be_v design_v as_o if_o 50_o per_fw-la cent_z be_v a_o cheat_n but_o 5_o per_fw-mi cent_z be_v not_o because_o perhaps_o less_o perceivable_a for_o the_o two_o thing_n that_o be_v pretend_v to_o be_v do_v here_o by_o this_o new_a coinage_n i_o fear_v will_n both_o fail_v viz._n 1._o that_o to_o who_o 〈◊〉_d a_o ounce_n of_o silver_n be_v owe_v a_o ounce_n 〈◊〉_d silver_n shall_v be_v pay_v in_o this_o money_n for_o when_o a_o ounce_n of_o silver_n be_v coin_v as_o be_v propose_v into_o 5_o s._n 5_o d._n which_o be_v to_o make_v our_o money_n 5_o per_fw-la cent._n high_o than_o it_o be_v now_o i_o that_o be_o to_o receive_v a_o 100_o l._n per_fw-la annum_fw-la fee_fw-mi farm_n rent_n shall_v i_o in_o this_o new_a money_n receive_v 105_o l._n or_o bare_o 100_o l._n the_o first_o i_o think_v will_v not_o be_v say_v for_o if_o by_o law_n you_o have_v make_v it_o 100_o l._n it_o be_v certain_a the_o tenant_n will_v pay_v i_o no_o more_o if_o you_o do_v not_o mean_v that_o 400_o crown_n or_o 2000_o shilling_n of_o your_o new_a coin_n shall_v be_v a_o 100_o l._n but_o there_o must_v be_v 5_o per_fw-mi cent_z in_o tale_n add_v to_o every_o 100_o you_o be_v at_o the_o charge_n of_o new_a coinage_n to_o no_o other_o purpose_n but_o to_o breed_v confusion_n if_o i_o must_v receive_v 100_o l_o by_o tale_n of_o this_o new_a money_n for_o my_o fee_fw-mi farm_n rent_n it_o be_v demonstration_n that_o i_o lose_v five_o ounce_n per_fw-la cent_z of_o the_o silver_n be_v due_a to_o i_o this_o a_o little_a low_o he_o confess_v in_o these_o word_n that_o where_o a_o man_n have_v a_o rent-sec_a that_o can_v never_o be_v more_o this_o may_v somewhat_o affect_v it_o but_o so_o very_o little_a that_o it_o will_v scarce_o ever_o at_o all_o be_v perceive_v this_o very_a little_a be_v 5_o per_fw-la cent._n and_o if_o a_o man_n be_v cheat_v of_o that_o so_o he_o perceive_v it_o not_o it_o go_v for_o nothing_o but_o this_o loss_n will_v not_o affect_v only_o such_o rent_n as_o can_v never_o be_v more_o but_o all_o payment_n whatsoever_o that_o be_v contract_v for_o before_o this_o alteration_n of_o our_o money_n 2._o if_o it_o be_v true_a what_o he_o affirm_v that_o a_o ounce_n of_o money_n do_v equal_a a_o ounce_n of_o silver_n in_o value_n abroad_o but_o not_o at_o home_n then_o this_o part_n of_o the_o undertake_n will_v also_o fail_v for_o i_o deny_v that_o the_o stamp_n on_o our_o money_n do_v any_o more_o debase_v it_o here_o at_o home_n than_o abroad_o or_o make_v the_o silver_n in_o our_o money_n not_o equal_a in_o value_n to_o the_o same_o weight_n of_o silver_n every_o where_o the_o author_n will_v have_v do_v well_o to_o have_v make_v it_o out_o and_o not_o leave_v so_o great_a a_o paradox_n only_o to_o the_o credit_n of_o a_o single_a assertion_n remark_n and_o for_o what_o be_v say_v in_o this_o bill_n to_o prevent_v exportation_n relate_v only_o to_o the_o keep_n in_o our_o coin_n and_o bullion_n and_o leave_v all_o foreign_a to_o be_v export_v still_o answer_n what_o the_o author_n mean_v by_o our_o own_o and_o foreign_a bullion_n will_v need_v some_o explication_n remark_n there_o be_v now_o no_o such_o thing_n as_o payment_n make_v in_o weighty_a and_o milled_a money_n answer_n i_o believe_v there_o be_v very_o few_o in_o town_n who_o do_v not_o very_o often_o receive_v a_o milled_a crown_n for_o 5_o s._n and_o a_o mill_v half_a crown_n for_o 2_o s._n 6_o d._n but_o he_o mean_v i_o suppose_v in_o great_a and_o entire_a sum_n of_o milled_a money_n but_o i_o ask_v if_o all_o the_o clip_v money_n be_v call_v in_o whether_o then_o all_o the_o payment_n will_v not_o be_v in_o weighty_a money_n and_o that_o not_o be_v call_v in_o whether_o if_o it_o be_v light_a than_o your_o new_a milled_a money_n the_o new_a mill_v money_n will_v not_o be_v melt_v down_o as_o much_o as_o the_o old_a which_o i_o think_v the_o author_n there_o confess_v or_o else_o i_o understand_v he_o not_o remark_n nor_o will_v this_o any_o way_n interrupt_v trade_n for_o trade_n will_v find_v its_o own_o course_n the_o denomination_n of_o money_n in_o any_o country_n no_o way_n concern_v that_o answ._n the_o denomination_n to_o a_o certain_a weight_n of_o money_n in_o all_o country_n concern_v trade_n and_o the_o alteration_n of_o that_o necessary_o bring_v disturbance_n to_o it_o remark_n for_o if_o so_o be_v it_o occasion_n the_o coin_v more_o money_n answ._n he_o talk_v as_o if_o it_o will_v be_v the_o occasion_n of_o coin_v more_o money_n out_o of_o what_o out_o of_o money_n already_o coin_v or_o out_o of_o bullion_n for_o i_o will_v be_v glad_a to_o know_v where_o it_o be_v remark_n it_o may_v be_v some_o gain_n to_o those_o that_o will_v venture_v to_o melt_v down_o the_o coin_n but_o very_o small_a loss_n if_o any_o to_o those_o that_o
legal_a or_o that_o the_o man_n bind_v to_o i_o be_v honest_a or_o responsible_a and_o so_o be_v not_o valuable_a enough_o to_o become_v a_o current_a pledge_n nor_o can_v by_o public_a authority_n be_v well_o make_v so_o as_o in_o the_o case_n of_o assign_v of_o bill_n because_o a_o law_n can_v give_v to_o bill_n that_o intrinsic_a value_n which_o the_o universal_a consent_n of_o mankind_n have_v annex_v to_o silver_n and_o gold_n and_o hence_o foreigner_n can_v never_o be_v bring_v to_o take_v your_o bill_n or_o write_n for_o any_o part_n of_o payment_n though_o perhaps_o they_o may_v pass_v as_o valuable_a consideration_n among_o your_o own_o people_n do_v not_o this_o very_a much_o hinder_v it_o viz._n that_o they_o be_v liable_a to_o unavoidable_a doubt_n dispute_v and_o counterfeit_n and_o require_v other_o proof_n to_o assure_v we_o they_o be_v true_a and_o good_a security_n than_o our_o eye_n or_o a_o touchstone_n and_o at_o best_a this_o course_n if_o practicable_a will_v not_o hinder_v we_o from_o be_v poor_a but_o may_v be_v suspect_v to_o help_v to_o make_v we_o so_o by_o keep_v we_o from_o feel_v our_o poverty_n which_o in_o distress_n will_v be_v sure_a to_o find_v we_o with_o great_a disadvantage_n though_o it_o be_v certain_a it_o be_v better_a than_o let_v any_o part_n of_o our_o trade_n fall_v for_o want_v of_o current_a pledge_n and_o better_a too_o than_o borrow_a money_n of_o our_o neighbour_n upon_o use_n if_o this_o way_n of_o assign_v bill_n can_v be_v make_v so_o easy_a safe_a and_o universal_a at_o home_n as_o to_o hinder_v it_o to_o return_v to_o the_o business_n in_o hand_n and_o show_v the_o necessity_n of_o a_o proportion_n of_o money_n to_o trade_n every_o man_n therefore_o must_v have_v at_o least_o so_o much_o money_n or_o so_o timely_a recruit_n as_o may_v in_o hand_n or_o in_o a_o short_a distance_n of_o time_n satisfy_v the_o man_n who_o supply_v he_o with_o the_o necessary_n of_o life_n or_o of_o his_o trade_n for_o no_o body_n have_v any_o long_a these_o necessary_a supply_n than_o he_o have_v money_n or_o credit_n which_o be_v nothing_o else_o but_o a_o assurance_n of_o money_n in_o some_o short_a time_n so_o that_o it_o be_v requisite_a to_o trade_n there_o shall_v be_v so_o much_o money_n as_o to_o keep_v up_o the_o landholders_n labourer_n and_o broker_n credit_v and_o therefore_o ready_a money_n must_v be_v constant_o exchange_v for_o ware_n and_o labour_n or_o follow_v within_o a_o short_a time_n after_o this_o show_v the_o necessity_n of_o some_o proportion_n of_o money_n to_o trade_n but_o what_o proportion_n that_o be_v be_v hard_o to_o determine_v because_o it_o depend_v not_o bare_o on_o the_o quantity_n of_o money_n but_o the_o quickness_n of_o its_o circulation_n which_o since_o it_o can_v be_v easy_o trace_v for_o the_o very_a same_o shilling_n may_v at_o one_o time_n pay_v 20_o man_n in_o 20_o day_n at_o another_o rest_n in_o the_o same_o hand_n 100_o day_n together_o to_o make_v some_o probable_a guess_n we_o be_v to_o consider_v how_o much_o money_n it_o be_v necessary_a to_o suppose_v must_v rest_v constant_o in_o each_o man_n hand_n as_o requisite_a to_o the_o carry_v on_o of_o trade_n first_o therefore_o the_o labourer_n live_v general_o but_o from_o hand_n to_o mouth_n and_o indeed_o consider_v as_o labourer_n in_o order_n to_o trade_n may_v well_o enough_o carry_v on_o their_o part_n if_o they_o have_v but_o money_n enough_o to_o buy_v victual_n clothes_n and_o tool_n all_o which_o may_v very_o well_o be_v provide_v without_o any_o great_a sum_n of_o money_n lie_v still_o in_o their_o hand_n the_o labourer_n therefore_o be_v usual_o pay_v once_o a_o week_n if_o the_o time_n of_o payment_n be_v seldomer_n there_o must_v be_v more_o money_n for_o the_o carry_v on_o this_o part_n of_o trade_n we_o may_v suppose_v there_o be_v constant_o among_o they_o one_o with_o another_o or_o those_o who_o be_v to_o pay_v they_o always_o one_o week_n wage_n in_o ready_a money_n for_o it_o can_v be_v think_v that_o all_o or_o most_o of_o the_o labourer_n pay_v away_o all_o their_o wage_n constant_o as_o soon_o as_o they_o receive_v it_o and_o live_v upon_o trust_n till_o next_o pay_v day_n this_o the_o farmer_n and_o tradesman_n can_v not_o well_o bear_v be_v it_o every_o labourer_n case_n and_o every_o one_o to_o be_v trust_v and_o therefore_o they_o must_v of_o necessity_n keep_v some_o money_n in_o their_o hand_n to_o go_v to_o market_n for_o victual_n and_o to_o other_o tradesman_n as_o poor_a as_o themselves_o for_o tool_n and_o lay_v up_o money_n too_o to_o buy_v clothes_n or_o pay_v for_o those_o they_o buy_v upon_o credit_n which_o money_n thus_o necessary_o rest_v in_o their_o hand_n we_o can_v imagine_v to_o be_v one_o with_o another_o much_o less_o than_o a_o week_n wage_n that_o must_v be_v in_o their_o pocket_n or_o ready_a in_o the_o farmer_n be_v hand_n for_o he_o who_o employ_v a_o labourer_n at_o 1_o s._n per_fw-la day_n and_o pay_v he_o on_o saturday_n night_n can_v be_v suppose_v constant_o to_o receive_v that_o 6_o s._n just_a the_o same_o saturday_n it_o must_v ordinary_o be_v in_o his_o hand●_n one_o time_n with_o another_o if_o not_o a_o whole_a week_n yet_o several_a day_n before_o this_o be_v the_o ordinary_a course_n while_o we_o have_v money_n run_v in_o the_o several_a channel_n o●_n commerce_n but_o that_o now_o very_o much_o fail_v and_o the_o farmer_n not_o have_v money_n to_o pay_v the_o labourer_n supply_v he_o with_o corn_n which_o in_o this_o great_a plenty_n the_o labourer_n will_v have_v at_o his_o own_o rate_n or_o else_o not_o take_v it_o off_o his_o hand_n for_o wage_n and_o as_o for_o the_o workman_n who_o be_v employ_v in_o our_o manufacture_n especial_o the_o woollen_a one_o these_o the_o clothier_n not_o have_v ready_a money_n to_o pay_v furnish_v with_o the_o necessary_n of_o life_n and_o so_o truck_v commodity_n for_o work_n which_o such_o as_o they_o be_v good_a or_o bad_a the_o workman_n must_v take_v at_o his_o master_n rate_n or_o sit_v still_o and_o starve_v while_o by_o this_o mean_v this_o new_a sort_n of_o ing●oners_n or_o forestaller_n have_v the_o feed_n and_o supply_v this_o numerous_a body_n of_o workman_n out_o of_o their_o warehouse_n for_o they_o have_v now_o magazine_n of_o all_o sort_n of_o ware_n set_v the_o price_n upon_o the_o poor_a landholder_n so_o that_o the_o market_n now_o be_v destroy_v and_o the_o farmer_n not_o find_v vent_n there_o for_o his_o butter_n cheese_n bacon_n and_o corn_n etc._n etc._n for_o which_o he_o be_v wont_a to_o bring_v home_o ready_a money_n must_v sell_v it_o to_o these_o engrosser_n on_o their_o own_o term_n of_o time_n and_o rate_n and_o allow_v it_o to_o their_o own_o day-labourer_n under_o the_o true_a market-price_n which_o what_o kind_n of_o influence_n it_o be_v like_a to_o have_v upon_o land_n and_o how_o this_o way_n rent_n be_v like_a to_o be_v pay_v at_o quarter-day_n be_v easy_a to_o apprehend_v and_o it_o be_v no_o wonder_n to_o hear_v every_o day_n of_o farmer_n break_v and_o run_v away_o for_o if_o they_o can_v receive_v money_n for_o their_o good_n at_o market_n it_o will_v be_v impossible_a for_o they_o to_o pay_v their_o landlord_n rent_n and_o if_o any_o one_o doubt_n whether_o this_o be_v so_o i_o desire_v he_o to_o inquire_v how_o many_o farmer_n in_o the_o west_n be_v break_v and_o go_v since_o michaelmas_n last_o want_v of_o money_n be_v to_o this_o degree_n work_v both_o way_n upon_o the_o landholder_n for_o first_o the_o engross_n forestall_a let_n not_o the_o money_n come_v to_o market_n but_o supply_v the_o workman_n who_o be_v employ_v by_o he_o in_o manufacture_n with_o necessary_n impose_v his_o price_n and_o forbearance_n on_o the_o farmer_n who_o can_v sell_v to_o the_o other_o and_o the_o labourer_n who_o be_v employ_v by_o the_o landholder_n in_o husbandry_n impose_v also_o his_o rate_n on_o he_o for_o the_o commodity_n he_o take_v for_o there_o be_v a_o want_n of_o day-labourer_n in_o the_o country_n they_o must_v be_v humour_v or_o else_o they_o will_v neither_o work_v for_o you_o nor_o take_v your_o commodity_n for_o their_o labour_n second_o as_o for_o the_o landholder_n since_o his_o tenant_n can_v coin_v their_o rent_n just_a at_o quarter-day_n but_o must_v gather_v it_o up_o by_o degree_n and_o lodge_v it_o with_o they_o till_o payday_n or_o borrow_v it_o of_o those_o who_o have_v it_o lie_v by_o they_o or_o do_v gather_v it_o up_o by_o degree_n which_o be_v the_o same_o thing_n and_o must_v be_v necessary_o so_o much_o money_n for_o some_o time_n lie_v still_o for_o all_o that_o be_v pay_v in_o great_a sum_n must_v somewhere_o be_v gather_v up_o by_o the_o retail_n income_n of_o a_o
not_o like_a to_o be_v find_v in_o the_o practice_n of_o mankind_n since_o navigation_n and_o commerce_n have_v bring_v all_o part_n acquaint_v with_o one_o another_o and_o introduce_v the_o use_n of_o gold_n and_o silver_n money_n into_o all_o trade_n part_n of_o the_o world_n they_o serve_v rather_o to_o give_v we_o some_o light_n into_o the_o nature_n of_o money_n than_o to_o teach_v here_o a_o new_a measure_n of_o traffic_n though_o it_o be_v certain_a that_o that_o part_n of_o the_o world_n which_o breed_v most_o of_o our_o gold_n and_o silver_n use_v least_o of_o it_o in_o exchange_n and_o use_v it_o not_o for_o money_n 17._o that_o therefore_o in_o any_o country_n that_o have_v commerce_n with_o the_o rest_n of_o the_o world_n it_o be_v almost_o impossible_a now_o to_o be_v without_o the_o use_n of_o silver_n coin_n and_o have_v money_n of_o that_o and_o account_n keep_v in_o such_o money_n it_o be_v impossible_a to_o have_v any_o stand_n unalterable_a measure_n of_o the_o value_n of_o thing_n for_o while_o the_o mine_n supply_v to_o mankind_n more_o than_o waste_v and_o consume_v in_o its_o use_n the_o quantity_n of_o it_o will_v daily_o grow_v great_a in_o respect_n of_o other_o commodity_n and_o its_o value_n less_o 18._o that_o in_o a_o country_n that_o have_v open_a commerce_n with_o the_o rest_n of_o the_o world_n and_o use_v money_n make_v of_o the_o same_o material_n with_o their_o neighbour_n any_o quantity_n of_o that_o money_n will_v not_o serve_v to_o drive_v any_o quantity_n of_o trade_n but_o that_o there_o must_v be_v a_o certain_a proportion_n between_o money_n and_o trade_n the_o reason_n whereof_o be_v this_o because_o to_o keep_v your_o trade_n go_v without_o loss_n your_o comodities_n among_o you_o must_v keep_v a_o equal_a or_o at_o least_o near_o the_o price_n of_o the_o same_o species_n of_o commodity_n in_o the_o neighbour_n country_n which_o they_o can_v do_v if_o your_o money_n be_v far_o less_o than_o in_o other_o country_n 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bring_v to_o the_o mint_n than_o any_o where_o else_o because_o there_o i_o have_v the_o convenience_n of_o have_v it_o make_v into_o money_n for_o nothing_o but_o this_o will_v no_o more_o keep_v it_o in_o england_n than_o if_o it_o be_v perfect_a bullion_n nor_o will_v it_o hinder_v it_o from_o be_v melt_v down_o because_o it_o cost_v no_o more_o in_o coin_n than_o in_o bullion_n and_o this_o equal_o whether_o your_o piece_n of_o the_o same_o denomination_n be_v light_a heavy_a or_o just_a as_o they_o be_v before_o this_o be_v explain_v it_o will_v be_v easy_a to_o see_v whether_o the_o other_o thing_n say_v in_o the_o same_o paragraph_n be_v true_a or_o false_a and_o particular_o whether_o it_o will_v be_v the_o interest_n of_o every_o exporter_n to_o buy_v plate_n to_o send_v out_o before_o money_n remark_n it_o be_v only_o bare_o assert_v that_o 〈◊〉_d silver_n be_v raise_v at_o the_o mint_n that_o it_o will_v ●●ise_v elsewhere_o above_o it_o but_o can_v never_o be_v know_v till_o it_o be_v try_v answ._n the_o author_n tell_v we_o in_o the_o last_o paragraph_n that_o si●u●r_a th●t_n be_v worth_a but_o 5_o s._n 2_o d._n per_fw-la ounce_n at_o the_o 〈◊〉_d be_v w●●th_o 5_o s._n 4_o d._n elsewhere_o this_o how_o true_a or_o what_o inconvenience_n it_o 〈…〉_z not_o here_o examine_v but_o be_v the_o inconvenience_n of_o it_o what_o it_o will_v this_o raise_v the_o money_n he_o propose_v as_o a_o remedy_n and_o to_o those_o who_o say_v upon_o raise_v our_o money_n silver_n will_v rise_v too_o he_o make_v this_o answer_n that_o it_o can_v never_o be_v know_v whether_o it_o will_v or_o no_o till_o it_o be_v try_v to_o which_o i_o reply_v that_o it_o may_v be_v know_v as_o certain_o without_o trial_n as_o it_o can_v that_o two_o piece_n of_o silver_n that_o weigh_v equal_o yesterday_o will_v weigh_v equal_o again_o to_o morrow_n in_o the_o same_o scale_n there_o be_v silver_n say_v our_o author_n whereof_o a_o ounce_n i._n e._n 480_o grain_n will_v change_v for_o 5_o s._n 4_o d._n i._n e._n 496_o grain_n of_o our_o standard_n silver_n coin_v to_o morrow_n you_o coin_v your_o money_n light_a so_o that_o then_o 5_o s._n 4_o d._n will_v have_v but_o 472_o grain_n of_o coin_a standard_n silver_n in_o it_o can_v it_o not_o then_o be_v know_v without_o trial_n whether_o that_o ounce_n of_o silver_n which_o to_o day_n will_v change_v for_o 496_o grain_n of_o standard_n silver_n coin_v will_v change_v to_o morrow_n but_o for_o 472_o grain_n of_o the_o same_o standard_n silver_n coin_v or_o can_v any_o one_o imagine_v that_o 480_o grain_n of_o the_o same_o silver_n which_o to_o day_n be_v worth_a 496_o grain_n of_o our_o coin_a silver_n will_v to_o morrow_n be_v worth_a but_o 472_o grain_n of_o the_o same_o silver_n a_o little_a different_o coin_v he_o that_o can_v have_v a_o doubt_v about_o this_o till_o it_o be_v try_v may_v as_o well_o demand_v a_o trial_n to_o be_v make_v to_o prove_v that_o the_o same_o thing_n be_v aequiponderent_fw-la or_o equivalent_a 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his_o conceit_n but_o since_o the_o money_n of_o any_o country_n be_v not_o present_o to_o be_v change_v upon_o any_o private_a man_n groundless_a conceit_n i_o suppose_v this_o argument_n will_v not_o be_v of_o much_o weight_n with_o many_o men._n i_o make_v bold_a to_o call_v it_o a_o groundless_a conceit_n for_o if_o the_o author_n please_v to_o remember_v the_o great_a sum_n of_o money_n be_v carry_v every_o year_n to_o the_o east-indies_n for_o which_o we_o bring_v home_o consumable_a commodity_n though_o i_o must_v own_o that_o it_o pay_v we_o again_o with_o advantage_n or_o if_o he_o will_v examine_v how_o much_o only_a two_o commodity_n whole_o consume_v here_o cost_v we_o yearly_o in_o money_n i_o mean_v canary_n wine_n and_o currant_n more_o than_o we_o pay_v for_o with_o good_n export_v to_o the_o canary_n and_o zant_n beside_o the_o overbalance_n of_o trade_n upon_o we_o in_o several_a other_o place_n he_o will_v have_v little_a reason_n to_o say_v he_o do_v not_o 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