than_o it_o be_v to_o be_v suspect_v that_o the_o price_n of_o all_o staple_n commodity_n have_v increase_v in_o equal_a proportion_n or_o that_o they_o be_v in_o such_o a_o proportion_n now_o high_a than_o they_o will_v have_v be_v for_o gold_n and_o silver_n be_v reciprocal_o the_o standard_n and_o measure_n of_o proportion_n of_o one_o another_o be_v so_o of_o every_o thing_n else_o and_o if_o i_o can_v now_o buy_v as_o many_o ounce_n and_o penny_n weight_n of_o silver_n for_o a_o guinea_n as_o i_o can_v have_v do_v former_o then_o be_v not_o silver_n rise_v more_o than_o gold_n and_o if_o i_o can_v buy_v as_o many_o grain_n of_o gold_n now_o with_o a_o ounce_n of_o silver_n as_o i_o can_v former_o then_o be_v not_o gold_n rise_v more_o than_o silver_n and_o this_o be_v perhaps_o more_o than_o a_o supposition_n for_o when_o silver_n be_v 5_o s._n a_o ounce_n i_o can_v buy_v 4_o ounce_n 6_o peny-wt_a with_o a_o guinea_n and_o so_o i_o can_v now_o that_o silver_n be_v 6_o s._n 6_o d._n per_fw-la ounce_n again_o when_o gold_n be_v about_o 3_o l._n 14_o s._n a_o ounce_n i_o can_v buy_v a_o ounce_n of_o gold_n with_o 15_o ounce_n of_o silver_n and_o so_o i_o can_v now_o or_o near_o the_o matter_n so_o that_o the_o commodity_n of_o gold_n and_o silver_n answer_v one_o another_o as_o they_o do_v or_o near_o thereabouts_o abate_v only_o for_o the_o portableness_n of_o gold_n and_o its_o coinage_n whereas_o no_o coinage_n be_v now_o allowable_a for_o those_o piece_n of_o silver_n wherein_o the_o coinage_n be_v deface_v and_o spoil_v and_o if_o those_o two_o commodity_n be_v so_o much_o high_a than_o they_o will_v have_v be_v for_o they_o be_v the_o measure_n and_o rule_n of_o proportion_n of_o all_o then_o when_o the_o value_n of_o gold_n and_o silver_n rise_v the_o intrinsic_n value_v of_o all_o commodity_n rise_v with_o they_o for_o supposean_a eastland_n or_o hamburgh_n merchant_n bring_v over_o a_o barrel_n of_o mom_o which_o he_o when_o our_o money_n be_v old_a standard_n sell_v for_o 3_o l._n he_o dislike_a our_o money_n now_o sell_v his_o mom_o not_o according_a to_o the_o extrinsic_n valuation_n of_o our_o money_n which_o be_v rise_v since_o he_o be_v here_o last_o because_o the_o intrinsic_n be_v diminish_v but_o according_a to_o the_o common_a value_n of_o gold_n and_o silver_n in_o the_o world_n and_o therefore_o require_v now_o 4_o l._n because_o he_o judge_v our_o silver_n to_o be_v a_o four_o part_n worse_o than_o it_o be_v or_o if_o at_o 5_o l._n he_o judge_v it_o to_o be_v 2_o part_n in_o 5_o worse_a again_o suppose_v he_o sell_v his_o mom_o for_o gold_n or_o be_v to_o exchange_v his_o silver_n for_o gold_n that_o which_o he_o be_v wont_a to_o sell_v for_o 3_o guineas_n he_o expect_v 3_o guineas_n for_o still_o or_o if_o you_o be_v to_o pay_v he_o in_o silver_n he_o expect_v as_o much_o as_o he_o can_v change_v for_o 3_o guineas_n he_o will_v be_v fob_v off_o with_o less_o so_o the_o merchant_n sell_v as_o cheap_a as_o ever_o but_o we_o pay_v more_o because_o what_o we_o pay_v be_v dear_a than_o it_o be_v you_o will_v object_v against_o this_o way_n of_o reason_v and_o say_v it_o be_v the_o risk_n of_o the_o sea_n and_o obstruction_n of_o trade_n now_o in_o time_n of_o war_n make_v all_o foreign_a commodity_n dear_a but_o i_o hope_v i_o do_v err_v in_o say_v that_o the_o merchant_n notwithstanding_o the_o war_n will_v take_v less_o of_o our_o silver_n coin_n for_o the_o same_o commodity_n if_o it_o be_v better_a and_o less_o gold_n of_o we_o if_o it_o will_v buy_v as_o much_o silver_n in_o his_o own_o country_n and_o there_o be_v reason_n which_o may_v balance_v the_o danger_n of_o the_o sea_n in_o time_n of_o war_n in_o reference_n to_o our_o commerce_n with_o the_o subject_n of_o neutral_a prince_n on_o our_o side_n tax_n be_v great_a and_o the_o subject_n can_v afford_v to_o buy_v so_o many_o foreign_a commodity_n as_o at_o other_o time_n and_o on_o their_o side_n they_o have_v not_o so_o good_a a_o vent_n as_o they_o have_v so_o their_o commodity_n must_v stick_v on_o hand_n unless_o sell_v so_o cheap_a as_o may_v make_v amends_o for_o the_o hazard_n of_o the_o sea_n and_o the_o cheapness_n of_o commodity_n will_v be_v the_o natural_a effect_n of_o scarcity_n of_o money_n if_o our_o money_n have_v the_o same_o real_a value_n as_o former_o again_o a_o collier_n who_o trade_v to_o newcastle_n be_v wont_a to_o receive_v a_o guinea_n for_o every_o cauldron_n of_o coal_n he_o bring_v into_o the_o river_n at_o such_o a_o time_n of_o year_n and_o so_o he_o do_v still_o and_o no_o more_o and_o who_o can_v say_v coal_n be_v rise_v and_o mum_o it_o rise_v no_o such_o thing_n but_o gold_n and_o silver_n be_v rise_v and_o when_o we_o give_v the_o same_o gold_n and_o silver_n for_o a_o commodity_n as_o we_o do_v we_o wrongful_o say_v the_o commodity_n be_v dear_a when_o it_o be_v not_o that_o but_o the_o gold_n and_o silver_n which_o cost_v we_o more_o we_o give_v the_o same_o labour_n the_o same_o leather_n the_o same_o malt_n for_o the_o same_o quantity_n of_o gold_n and_o silver_n which_o we_o do_v and_o now_o it_o be_v the_o country_n gentleman_n artisan_n and_o day-labourer_n have_v the_o hard_a bargain_n of_o all_o the_o farmer_n sell_v his_o own_o corn_n and_o cattle_n according_a to_o the_o value_n of_o gold_n and_o silver_n and_o the_o mercer_n his_o silk_n and_o the_o draper_n his_o cloth_n and_o the_o tanner_n his_o leather_n but_o the_o farmer_n in_o the_o mean_a time_n pay_v his_o rent_n and_o husbandman_n and_o artisan_n according_a to_o the_o value_n of_o our_o present_a coin_n and_o when_o he_o pay_v 28_o guineas_n a_o quarter_n former_o twenty_o shall_v serve_v turn_n now_o and_o the_o scrivener_n buy_v the_o country_n gentleman_n land_n according_a to_o the_o valuation_n of_o coin_n and_o not_o metal_n and_o the_o land_n which_o cost_v the_o father_n 600_o guineas_n be_v now_o sell_v by_o the_o son_n for_o 430_o and_o half_o a_o year_n hence_o it_o may_v be_v proffer_v for_o 300._o this_o be_v nothing_o but_o ruin_n and_o confusion_n to_o the_o land_a man_n of_o the_o kingdom_n but_o if_o the_o buyer_n of_o land_n as_o the_o merchant_n banker_n and_o scrivener_n be_v be_v seller_n too_o we_o shall_v find_v land_n rise_v in_o proportion_n to_o every_o thing_n else_o and_o whereas_o you_o will_v say_v that_o farmer_n and_o grazier_n be_v no_o merchant_n and_o will_v be_v as_o well_o content_v with_o passable_a coin_n as_o old_a standard_n it_o be_v very_o true_a but_o they_o keep_v up_o to_o such_o price_n as_o their_o wholesale_n chapman_n can_v afford_v to_o give_v they_o and_o when_o a_o factor_n sell_v his_o cloth_n at_o blackwell-hall_n he_o consider_v the_o necessity_n of_o the_o buyer_n as_o well_o as_o expense_n of_o the_o clothier_n when_o a_o merchant_n can_v make_v a_o better_a profit_n it_o be_v expect_v he_o shall_v give_v a_o good_a price_n but_o this_o with_o some_o unthinking_a people_n be_v the_o effect_n of_o war_n and_o because_o some_o thing_n be_v dear_a upon_o this_o account_n than_o other_o therefore_o every_o thing_n else_o that_o be_v dear_a must_v have_v the_o same_o cause_n assign_v but_o a_o general_a cheapness_n of_o thing_n shall_v methinks_v be_v the_o natural_a effect_n of_o our_o war_n if_o our_o money_n with_o which_o we_o go_v to_o market_n be_v as_o it_o shall_v be_v the_o war_n consume_v but_o little_a of_o our_o product_n and_o manufacture_n it_o carry_v a_o great_a many_o mouth_n into_o flanders_n and_o that_o will_v natural_o make_v provision_n cheap_a many_o of_o these_o mouth_n have_v idle_a hand_n and_o so_o they_o be_v not_o miss_v in_o the_o manufacture_n but_o instead_o of_o they_o a_o great_a many_o industrious_a foreigner_n come_v among_o we_o who_o eat_v little_a and_o work_n much_o the_o tax_n as_o i_o say_v be_v great_a inducement_n to_o frugality_n and_o the_o advantage_n people_n have_v of_o late_o make_v of_o money_n have_v be_v no_o less_o these_o and_o other_o such_o like_a thing_n if_o the_o price_n of_o gold_n and_o silver_n have_v not_o rise_v must_v have_v occasion_v a_o fall_n of_o most_o other_o commodity_n and_o now_o let_v we_o consider_v the_o danger_n of_o the_o high_a price_n of_o gold_n as_o it_o stand_v at_o present_a coin_n be_v the_o most_o portable_a commodity_n and_o gold_n the_o most_o portable_a coin_n but_o we_o have_v run_v it_o up_o high_a and_o therefore_o do_v at_o present_n fear_v exportation_n but_o then_o if_o it_o be_v considerable_o high_a than_o among_o our_o neighbour_n there_o be_v great_a reason_n to_o fear_v too_o great_a a_o importation_n may_v be_v as_o dangerous_a as_o a_o disadvantageous_a one_o
per_fw-la cent._n be_v come_v towards_o they_o apace_o for_o now_o the_o present_a necessity_n and_o the_o danger_n of_o it_o be_v obviate_v the_o price_n of_o silver_n begin_v to_o fall_v and_o settle_v as_o the_o prospect_n of_o a_o plenty_n draw_v near_a though_o we_o can_v never_o suppose_v it_o will_v fall_v low_a than_o in_o other_o country_n or_o much_o low_a at_o all_o during_o the_o war_n between_o france_n and_o spain_n and_o be_v it_o at_o what_o price_n it_o will_v the_o merchant_n will_v from_o all_o part_n bring_v his_o silver_n to_o the_o tower_n because_o the_o market_n be_v here_o quick_a and_o he_o be_v sure_a of_o ready-money_n for_o what_o he_o sels_z the_o king_n can_v afford_v now_o to_o coin_n which_o he_o can_v not_o do_v of_o late_a year_n and_o therefore_o a_o three_o and_o four_o million_o will_v be_v soon_o buy_v and_o coin_v and_o the_o government_n out_o of_o every_o million_o buy_v will_n save_o a_o four_o part_n for_o the_o new-coined_a money_n must_v bear_v a_o proportion_n to_o the_o price_n of_o silver_n as_o four_o to_o five_o and_o 800000_o l._n worth_n of_o silver_n be_v to_o be_v in_o 1000000_o l._n of_o new_a coin_n no_o more_o nor_o less_o and_o out_o of_o the_o four_o million-worth_n of_o silver_n beside_o the_o million_o of_o plate_n the_o king_n will_v have_v save_v a_o five_o million_o by_o which_o gain_v million_o the_o clip_v money_n will_v be_v entire_o satisfy_v for_o at_o no_o more_o than_o 250000_o l._n present_a cost_n to_o the_o government_n q._n e._n d._n for_o the_o case_n will_v stand_v thus_o there_o will_v be_v 5000000_o l._n of_o new_a coin_n viz._n out_o of_o the_o clip_v money_n 1250000_o l._n out_o of_o the_o plate_n 1250000_o l._n or_o if_o the_o last_o 250000_o l._n be_v not_o coin_v but_o export_v then_o there_o will_v be_v out_o of_o the_o plate_n out_o 1000000_o l._n and_o out_o of_o the_o last_o two_o million_o worth_n of_o silver_n coin_v 2500000_o l._n so_o that_o there_o will_v be_v in_o the_o nation_n at_o least_o four_o million_o seven_o hundred_o and_o fifty_o thousand_o pound_n new_a money_n the_o king_n after_o all_o this_o buy_v 750000_o ounce_n of_o bullion_n and_o coin_v it_o without_o profit_n into_o 250000_o l._n this_o make_v up_o 5000000_o l._n complete_a and_o then_o the_o royal_a mint_n be_v to_o be_v at_o a_o stand_n as_o at_o present_a until_o the_o parliament_n shall_v have_v resolve_v what_o more_o be_v to_o be_v do_v our_o present_a necessity_n be_v supply_v and_o this_o which_o we_o shall_v have_v will_v not_o be_v diminish_v these_o five_o million_o now_o want_v a_o five_o part_n of_o the_o intrinsic_a value_n of_o the_o coin_n and_o unless_o a_o real_a value_n be_v give_v it_o to_o make_v amends_o for_o the_o want_n of_o the_o intrinsic_a and_o to_o equal_a the_o extrinsic_a i_o have_v after_o all_o i_o confess_v do_v nothing_o according_a to_o my_o four_o axiom_n i_o humble_o therefore_o propose_v that_o a_o land-tax_n may_v make_v it_o good_a if_o it_o do_v not_o exceed_v twopence_n in_o the_o pound_n but_o after_o what_o manner_n it_o be_v to_o be_v make_v good_a be_v the_o great_a question_n if_o they_o into_o who_o hand_n the_o new-coined_a silver_n shall_v first_o come_v shall_v be_v allow_v for_o the_o intrinsic_a want_n of_o it_o then_o in_o the_o pay_v it_o out_o again_o they_o must_v transmit_v the_o allowance_n the_o state_n give_v or_o else_o the_o first_o receiver_n will_v be_v saviour_n and_o the_o rest_n loser_n but_o if_o the_o state_n must_v immediate_o give_v the_o full_a allowance_n than_o it_o may_v as_o well_o have_v coin_v to_o the_o full_a intrinsic_a value_n but_o the_o intrinsic_a value_n be_v lessen_v and_o the_o real_a give_v because_o the_o government_n be_v better_a qualify_v at_o present_a to_o pay_v interest_n than_o principal_a therefore_o a_o interest_n be_v to_o be_v pay_v equivalent_a to_o the_o extrinsic_a value_n and_o full_o satisfactory_a for_o the_o want_n of_o intrinsic_a that_o so_o the_o subject_n may_v be_v no_o loser_n and_o the_o government_n put_v to_o no_o difficulty_n beside_o that_o money_n will_v return_v to_o its_o intrinsic_a value_n if_o a_o shilling_n be_v always_o to_o be_v tack_v to_o a_o crown_n or_o four-shilling_n piece_n which_o be_v one_o of_o the_o chief_a thing_n we_o be_v to_o avoid_v let_v this_o interest_n be_v 5_o per_fw-la cent._n and_o let_v it_o be_v look_v upon_o as_o a_o sufficient_a interest_n as_o it_o better_o will_v appear_v to_o be_v when_o i_o come_v to_o answer_v the_o objection_n which_o may_v be_v make_v to_o this_o method_n the_o interest_n of_o a_o million_o of_o pound_n sterling_n which_o be_v want_v to_o make_v up_o the_o real_a value_n of_o the_o new_a coin_n at_o 5_o per_fw-la cent._n amount_n to_o fifty_o thousand_o pound_n per_fw-la annum_fw-la but_o to_o ease_n the_o nation_n of_o half_a this_o charge_n let_v it_o be_v due_o and_o careful_o consider_v that_o if_o the_o present_a possessor_n of_o a_o entire_a 100_o l._n be_v entitle_v to_o this_o interest_n and_o not_o of_o a_o less_o sum_n every_o less_o sum_n will_v have_v such_o a_o value_n real_a as_o the_o possessor_n of_o a_o entire_a 100_o l._n can_v make_v of_o it_o and_o will_v allow_v for_o it_o and_o there_o will_v be_v no_o occasion_n for_o the_o government_n to_o pay_v interest_n for_o lesser_a sum_n because_o the_o valuation_n of_o lesser_a sum_n will_v always_o bear_v that_o proportion_n which_o merchant_n goldsmith_n and_o banker_n will_v receive_v they_o at_o from_o the_o least_o sum_n to_o the_o great_a if_o i_o pay_v in_o for_o instance_n to_o a_o goldsmith_n fifty_o pound_n to_o day_n and_o fifty_o pound_n to_o morrow_n he_o will_v no_o more_o scruple_n to_o give_v i_o a_o note_n for_o one_o hundred_o pound_n than_o if_o i_o have_v pay_v it_o in_o at_o once_o and_o if_o i_o pay_v my_o brewer_n five_o pound_n a_o week_n as_o he_o bring_v in_o my_o drink_n for_o twenty_o week_n together_o he_o will_v look_v upon_o it_o as_o good_a pay_n as_o if_o i_o pay_v he_o at_o the_o twenty_o week_n end_n one_o hundred_o pound_n together_o and_o if_o five_o pound_n will_v pass_v from_o i_o as_o the_o five_o part_n of_o a_o hundred_o why_o not_o by_o the_o same_o rule_n of_o proportion_n 20_o shilling_n for_o the_o hundred_o part_n that_o which_o have_v the_o value_n of_o five_o pound_n lumbardstreet_n have_v the_o same_o in_o pater-noster-row_n and_o the_o same_o likewise_o at_o brentford_n or_o elsewhere_o and_o there_o can_v be_v no_o instance_n or_o reason_n give_v why_o money_n of_o the_o like_a weight_n intrinsic_a and_o extrinsic_a value_n shall_v not_o be_v as_o passable_a in_o little_a sum_n as_o in_o great_a since_o there_o be_v a_o easy_a resort_v and_o at_o hand_n always_o in_o which_o without_o any_o distinction_n they_o daily_o determine_v where_o a_o hundred_o pound_n will_v be_v receive_v there_o will_v ninety_o nine_o and_o ninety_o eight_o and_o so_o downward_o for_o where_o can_v you_o stop_v to_o the_o single_a penny_n and_o of_o the_o run_v cash_n of_o england_n we_o may_v reasonable_o suppose_v that_o one_o half_o be_v not_o in_o sum_n exceed_v twenty_o pound_n and_o they_o who_o have_v less_o sum_n than_o that_o will_v have_v no_o great_a encouragement_n to_o look_v after_o interest_n the_o five_o part_n which_o twenty_o pound_n want_v of_o its_o intrinsic_a value_n be_v but_o four_o pound_n and_o that_o at_z 5_o per_fw-la cent._n be_v but_o four_o shilling_n a_o year_n from_o which_o the_o trouble_n of_o receive_v by_o enter_v into_o combination_n with_o other_o will_v for_o the_o most_o part_n take_v off_o and_o not_o make_v it_o worth_a the_o while_n so_o that_o the_o whole_a money_n of_o england_n that_o be_v new_o coin_v not_o amount_v to_o above_o 5000000_o l._n and_o but_o half_a that_o to_o be_v pay_v interest_n for_o viz._n 2500000_o l._n and_o there_o want_v but_o a_o five_o part_n of_o that_o viz._n 500000_o l._n the_o interest_n of_o 500000_o l._n at_o 5_o per_fw-la cent._n amount_n to_o just_a 25000_o l._n per_fw-la annum_fw-la but_o then_o suppose_v that_o interest_n be_v demand_v for_o 3_o 5_o of_o the_o new-coined_a money_n and_o that_o by_o a_o unexpected_a combination_n every_o sum_n of_o five_o pound_n shall_v be_v bring_v in_o yet_o then_o the_o whole_a interest_n amount_v to_o no_o more_o than_o 30000_o l._n per_fw-la annum_fw-la and_o the_o case_n stand_v thus_o the_o parliament_n have_v borrow_v of_o the_o whole_a people_n of_o england_n a_o million_o of_o pound_n sterling_n and_o no_o more_o to_o be_v repay_v at_o the_o end_n of_o the_o war_n and_o in_o the_o mean_a time_n till_o it_o be_v repay_v they_o give_v five_o pound_n per_fw-la cent._n interest_n upon_o a_o land-tax_n thus_o the_o
of_o be_v more_o effectual_o and_o sudden_o ruin_v by_o our_o friend_n for_o if_o this_o session_n of_o parliament_n shall_v break_v up_o without_o regulate_v the_o coin_n what_o consequence_n may_v possible_o ensue_v it_o be_v not_o impossible_a that_o foreigner_n in_o all_o part_n of_o christendom_n shall_v immediate_o set_v themselves_o to_o counterfeit_v our_o base_a money_n there_o be_v beyond_o sea_n as_o good_a chemist_n and_o black_a smith_n as_o at_o london_n or_o birmingham_n and_o it_o be_v not_o impossible_a that_o they_o shall_v secret_o import_n as_o much_o base_a money_n resemble_v that_o which_o go_v current_n among_o we_o and_o which_o have_v not_o the_o intrinsic_n value_v of_o one_o shilling_n in_o three_o as_o if_o they_o please_v may_v not_o only_o buy_v up_o and_o export_v two_o or_o three_o million_o worth_n of_o our_o staple_n commodity_n afford_v they_o cheaper_o abroad_o than_o we_o can_v at_o home_n but_o as_o much_o worth_n of_o our_o import_v commodity_n even_o gold_n itself_o if_o they_o like_o that_o trade_n better_o such_o a_o importation_n of_o money_n will_v i_o fear_v be_v of_o worse_a consequence_n than_o all_o our_o exportation_n of_o silver_n and_o gold_n can_v prove_v if_o what_o cost_v our_o merchant_n a_o shilling_n they_o shall_v sell_v for_o a_o groat_n or_o if_o they_o shall_v buy_v of_o we_o a_o ounce_n of_o gold_n for_o three_o or_o four_o ounce_n of_o silver_n or_o suppose_v they_o to_o buy_v it_o at_o 6_o s._n 6_o d._n per_fw-la ounce_n they_o shall_v buy_v a_o ounce_n for_o as_o much_o counterfeit_n money_n as_o shall_v not_o have_v 7_o peny-weight_n of_o true_a bullion_n in_o it_o this_o will_v give_v our_o balance_n of_o trade_n such_o a_o terrible_a swing_n as_o no_o true_a heart_a englishman_n will_v be_v willing_a to_o see_v this_o be_v a_o danger_n which_o the_o easiness_n and_o small_a charge_n of_o counterfeit_v old_a clip_v money_n threaten_v very_o much_o unless_o it_o be_v speedy_o cry_v down_o and_o in_o the_o mean_a time_n let_v we_o consider_v the_o condition_n of_o the_o other_o coin_n among_o we_o not_o counterfeit_v but_o clip_v fill_v or_o otherwise_o diminish_v it_o be_v plain_o demonstrable_a by_o the_o receipt_n of_o money_n in_o his_o majesty_n exchequer_n that_o one_o half_a of_o the_o silver_n be_v already_o clip_v away_o and_o there_o be_v no_o security_n why_o half_a what_o remain_v wo'n_v be_v take_v off_o too_o the_o law_n be_v severe_a enough_o make_v and_o put_v in_o execution_n and_o yet_o newgate_n be_v perhaps_o now_o as_o full_a of_o clipper_n as_o it_o be_v three_o or_o four_o year_n ago_o nothing_o but_o a_o sense_n of_o religion_n do_v restrain_v man_n from_o profitable_a sin_n and_o the_o ordinary_a of_o newgate_n can_v inform_v we_o how_o little_a the_o gild_n of_o clip_v affect_v the_o criminal_n conscience_n nor_o will_n preach_v do_v much_o good_a upon_o those_o that_o never_o come_v to_o church_n clip_v be_v the_o gainfule_a sin_n that_o ever_o be_v invent_v and_o sit_v the_o easy_a upon_o the_o sinner_n mind_n and_o it_o be_v never_o to_o be_v remedy_v but_o by_o make_v it_o impracticable_a which_o mill_v money_n only_o and_o no_o other_o to_o be_v currant_n can_v do_v and_o what_o a_o perpetual_a discontent_n and_o confusion_n must_v it_o end_v in_o if_o people_n shall_v come_v at_o last_o to_o proffer_v a_o groat_n for_o a_o shilling_n this_o must_v increase_v still_o vast_o the_o value_n of_o guineas_n this_o must_v raise_v the_o price_n of_o all_o commodity_n this_o must_v make_v it_o impossible_a to_o expect_v any_o money_n at_o all_o either_o for_o the_o king_n use_n or_o balance_n of_o trade_n and_o this_o will_v not_o only_o force_v we_o to_o recall_v our_o troop_n from_o flanders_n and_o by_o a_o natural_a consequence_n let_v in_o the_o war_n upon_o we_o but_o it_o will_v put_v a_o sudden_a and_o universal_a stop_n to_o all_o foreign_a trade_n and_o what_o fatal_a consequence_n may_v it_o have_v in_o the_o mean_a time_n at_o home_n let_v we_o consider_v it_o may_v very_o well_o be_v suppose_v that_o a_o dragooner_o may_v proffer_v to_o a_o corn-chandler_n 2_o s._n for_o a_o bushel_n of_o oat_n and_o that_o the_o corn-chandler_n see_v that_o there_o be_v not_o three_o penny_n with_o or_o 9_o penny_n worth_a of_o silver_n in_o both_o the_o shilling_n shall_v not_o like_o the_o bargain_n what_o be_v now_o to_o be_v do_v shall_v there_o be_v a_o law_n with_o penalty_n for_o refuse_v clip_v coin_n as_o there_o be_v for_o crack_v six_o pence_n this_o will_v encourage_v clipper_n to_o leave_v nothing_o remain_v in_o a_o shilling_n but_o the_o figure_n xii_o shall_v the_o law_n prohibit_v the_o pass_n of_o all_o silver_n clip_v within_o the_o ring_n than_o two_o three_o of_o the_o present_a money_n of_o england_n will_v be_v immediate_o cry_v down_o then_o the_o loss_n of_o clip_v as_o well_o as_o counterfeit_v money_n will_v be_v very_o hard_a upon_o the_o proprietor_n and_o we_o shall_v have_v two_o three_o less_o money_o for_o carry_v on_o our_o trade_n and_o now_o we_o have_v two_o three_o less_o than_o we_o shall_v have_v and_o if_o that_o two_o three_o which_o be_v cry_v down_o at_o the_o owner_n loss_n shall_v be_v carry_v to_o the_o mint_n and_o new_o coin_v it_o will_v scarce_o yield_v a_o twelve_o part_n of_o what_o we_o shall_v then_o want_v if_o the_o law_n shall_v put_v down_o all_o silver_n money_n but_o of_o such_o a_o weight_n then_o certain_o all_o money_n above_o that_o weight_n will_v be_v clip_v down_o to_o it_o and_o every_o man_n must_v carry_v a_o pair_n of_o scale_n in_o his_o pocket_n and_o we_o be_v still_o subject_a to_o the_o consequence_n of_o the_o former_a paragraph_n as_o that_o former_a paragraph_n will_v be_v to_o the_o first_o conclusion_n of_o this_o viz._n that_o all_o money_n will_v be_v soon_o clip_v down_o to_o the_o public_a standard_n let_v the_o matter_n be_v canvas_v never_o so_o much_o it_o must_v at_o last_o come_v to_o this_o conclusion_n we_o can_v subsist_v either_o in_o war_n or_o peace_n if_o the_o coin_n of_o england_n be_v not_o speedy_o regulate_v chap._n ii_o of_o the_o present_a scarcity_n of_o silver_n coin_n in_o england_n now_o let_v we_o consider_v that_o if_o all_o the_o current_a silver_n coin_n of_o england_n be_v passable_a and_o unalterable_a yet_o we_o have_v vast_o too_o little_a in_o tale_n for_o carry_v on_o the_o trade_n of_o the_o nation_n and_o this_o will_v appear_v several_a way_n but_o chief_o by_o the_o high_a price_n of_o guineas_n and_o the_o cause_n thereof_o guineas_n have_v rise_v from_o 21_o s._n 6_o d._n to_o 30_o s._n either_o because_o the_o intrinsic_n value_v of_o gold_n have_v rise_v near_o in_o proportion_n to_o the_o diminution_n of_o the_o intrinsic_n value_v of_o silver_n coin_n or_o by_o reason_n of_o the_o scarcity_n of_o the_o silver_n coin_n or_o the_o uncertainty_n of_o it_o or_o partly_o by_o reason_n of_o one_o and_o partly_o other_o which_o i_o believe_v be_v the_o truth_n that_o the_o badness_n and_o scarcity_n of_o silver_n coin_n have_v occasion_v a_o extravagant_a rise_n of_o gold_n now_o if_o so_o much_o as_o concern_v the_o scarcity_n of_o silver_n be_v grant_v i_o than_o i_o have_v nothing_o to_o do_v upon_o this_o article_n but_o show_v that_o the_o present_a high_a price_n of_o gold_n be_v dangerous_a to_o the_o nation_n and_o more_o dangerous_a will_v a_o far_o advance_v of_o the_o price_n thereof_o be_v and_o to_o they_o who_o think_v the_o badness_n of_o our_o coin_n the_o great_a reason_n of_o the_o present_a high_a valuation_n of_o gold_n i_o shall_v in_o the_o mean_a time_n say_v that_o if_o the_o price_n of_o gold_n have_v rise_v suppose_v 4_o s._n or_o 5_o s_o in_o a_o guinea_n upon_o the_o account_n only_o of_o the_o baseness_n of_o our_o silver_n coin_n then_o in_o handle_v that_o notion_n we_o must_v look_v upon_o gold_n not_o so_o much_o a_o coin_n as_o a_o commodity_n and_o so_o indeed_o it_o be_v at_o this_o present_a because_o the_o price_n of_o gold_n in_o the_o oar_n or_o ingott_n have_v rise_v almost_o proportionable_o to_o that_o which_o be_v coin_v so_o that_o a_o man_n do_v not_o take_v a_o guinea_n rather_o than_o 29_o clip_v shilling_n because_o the_o king_n impress_n be_v upon_o it_o for_o so_o it_o be_v upon_o the_o shilling_n or_o because_o authority_n have_v make_v it_o pass_v so_o for_o that_o authority_n be_v want_v but_o because_o it_o be_v of_o a_o great_a intrinsic_n value_v than_o be_v in_o 29_o shilling_n of_o clip_v or_o counterfeit_a money_n which_o be_v now_o most_o current_a so_o that_o the_o valuation_n of_o the_o commodity_n gold_n have_v increase_v as_o the_o intrinsic_n value_v of_o our_o silver_n coin_n have_v decrease_v and_o if_o so_o
can_v be_v make_v equal_a to_o the_o exportation_n and_o a_o balance_n in_o this_o particular_a only_o will_v do_v our_o business_n in_o vain_a therefore_o we_o labour_v to_o find_v out_o a_o way_n to_o force_v a_o national_a trade_n above_o what_o the_o state_n of_o europe_n in_o general_a or_o our_o own_o nation_n in_o particular_a will_v allow_v if_o that_o be_v not_o the_o case_n where_o will_v be_v the_o inconvenience_n of_o a_o war_n this_o be_v a_o evil_n never_o to_o be_v cure_v but_o in_o time_n of_o peace_n but_o our_o comfort_n be_v that_o even_o in_o these_o time_n of_o war_n the_o nation_n notwithstanding_o the_o balance_n of_o trade_n appear_v as_o wealthy_a as_o ever_o except_v only_o in_o the_o article_n of_o coin_n so_o that_o it_o be_v not_o only_o fruitless_a but_o very_o needless_a to_o speak_v now_o of_o the_o balance_n of_o trade_n either_o in_o general_n or_o upon_o any_o article_n but_o that_o of_o money_n beside_o if_o we_o shall_v begin_v at_o that_o end_n it_o will_v be_v a_o round_a about_o way_n and_o so_o long_o in_o compass_v that_o we_o may_v be_v at_o the_o last_o gasp_n before_o we_o attain_v our_o end_n he_o will_v be_v account_v no_o good_a physician_n who_o in_o the_o case_n of_o a_o haemorrhage_n when_o the_o danger_n be_v very_o present_a shall_v talk_v of_o diet_n drink_v and_o alterative_n whereas_o a_o actual_a and_o immediate_a application_n to_o the_o part_n affect_v or_o a_o sudden_a revulsion_n be_v more_o to_o the_o purpose_n but_o be_v the_o balance_n of_o trade_n in_o general_n how_o it_o will_v it_o be_v impossible_a it_o shall_v be_v sudden_o remedy_v fâ—t_o all_o during_o the_o war._n but_o if_o we_o can_v balance_v a_o little_a between_o that_o article_n of_o trade_n which_o relate_v to_o the_o importation_n of_o bullion_n it_o will_v be_v soon_o much_o better_a with_o we_o than_o it_o be_v at_o present_a it_o be_v something_o if_o we_o can_v give_v present_a ease_n and_o not_o increase_v the_o danger_n and_o more_o if_o we_o can_v lessen_v the_o danger_n which_o the_o want_n of_o ease_n seem_v to_o threaten_v suppose_v for_o instance_n then_o the_o whole_a trade_n of_o england_n to_o all_o part_n of_o the_o world_n to_o be_v carry_v on_o by_o two_o merchant_n one_o at_o london_n and_o the_o other_o at_o amsterdam_n and_o the_o only_a commodity_n to_o be_v cloth_n and_o silk_n suppose_v he_o at_o london_n export_v every_o year_n 1000_o l._n worth_n of_o broad_a cloth_n and_o no_o more_o and_o he_o at_o amsterdam_n import_v hither_o 1500_o l._n worth_n of_o silk_n that_o here_o be_v a_o inevitable_a necessity_n of_o the_o londoner_n export_v every_o year_n 500_o l_o in_o bullion_n can_v be_v deny_v and_o if_o this_o continue_v year_n by_o year_n it_o will_v be_v you_o will_v say_v of_o pernicious_a consequence_n to_o england_n and_o it_o will_v be_v a_o wonderful_a hard_a matter_n at_o this_o time_n to_o help_v such_o a_o case_n but_o if_o we_o can_v at_o present_a so_o order_v it_o that_o instead_o of_o import_v 1500_o l._n worth_n of_o silk_n we_o shall_v import_v 1000_o l._n worth_n of_o silk_n and_o 500_o l._n worth_n of_o silver_n we_o shall_v be_v no_o loser_n in_o the_o article_n i_o be_o upon_o and_o which_o be_v the_o only_a thing_n i_o have_v undertake_v to_o look_v after_o viz._n that_o the_o nation_n shall_v never_o want_v money_n be_v the_o trade_n what_o it_o will_v for_o if_o 500_o l._n in_o silver_n be_v export_v and_o as_o much_o import_v every_o year_n we_o can_v never_o have_v a_o penny_n worth_a of_o bullion_n less_o than_o we_o have_v and_o if_o other_o nation_n must_v get_v by_o we_o they_o have_v better_o get_v any_o thing_n than_o our_o money_n if_o what_o they_o get_v by_o we_o they_o must_v be_v force_v to_o spend_v among_o we_o it_o will_v lessen_v i_o hope_v the_o calamity_n as_o will_v appear_v more_o hereafter_o now_o this_o be_v not_o to_o be_v do_v by_o give_v our_o coin_n a_o nominal_a fictitious_a or_o extrinsic_a value_n only_o above_o its_o intrinsic_a foreigner_n be_v not_o such_o fool_n to_o be_v deal_v with_o at_o that_o rate_n as_o to_o pay_v you_o a_o rex_fw-la dollar_n of_o 18_o d._n weight_n 18_o grain_n in_o amsterdam_n or_o brussels_n for_o a_o piece_n of_o money_n of_o 15_o penny_n weight_n in_o london_n turn_v the_o table_n and_o suppose_v the_o king_n of_o spain_n shall_v advance_v his_o real_a of_o eight_o weigh_v but_o 17_o penny_n weight_n 12_o grain_n to_o double_a the_o value_n it_o now_o bear_v 306._o sir_n robert_n cotton_n answer_n of_o the_o committee_n september_n 1626._o pag._n 306._o and_o yet_o need_v by_o reason_n of_o the_o barrenness_n of_o his_o country_n more_o of_o foreign_a ware_n than_o he_o can_v countervail_v by_o barter_n with_o his_o own_o he_o must_v part_v with_o his_o money_n and_o not_o gain_v by_o enhaunce_v his_o coyn._n one_o real_a of_o eight_o will_v not_o then_o buy_v of_o we_o as_o good_a a_o yard_n of_o broad_a cloth_n as_o two_o do_v now_o and_o why_o shall_v we_o think_v to_o over_o reach_v they_o more_o than_o they_o we_o but_o then_o again_o suppose_v the_o money_n to_o be_v coin_v shall_v be_v as_o our_o milled_a money_n and_o diminish_v hammer_v money_n be_v pretty_a near_o the_o intrinsic_a value_n of_o the_o silver_n in_o each_o piece_n and_o this_o will_v doubtless_o facilitate_v exportation_n if_o a_o foreigner_n for_o instance_n bring_v to_o london_n and_o sell_v 40_o bales_n of_o raw_a silk_n or_o 40_o tun_n of_o wine_n and_o meet_v not_o here_o with_o such_o a_o market_n for_o the_o buy_n of_o other_o commodity_n to_o be_v transport_v as_o he_o expect_v perhaps_o those_o he_o want_v be_v not_o of_o our_o growth_n or_o manufacture_n or_o it_o may_v be_v he_o be_v in_o haste_n or_o the_o season_n call_v he_o home_o how_o easy_a be_v it_o for_o he_o to_o sheer_a away_o and_o go_v to_o another_o market_n have_v money_n in_o his_o pocket_n passable_a every_o where_n at_o the_o rate_n he_o take_v it_o that_o inconsiderable_a allowance_n for_o coinage_n only_o except_v this_o i_o think_v be_v plain_a but_o as_o yet_o there_o be_v more_o in_o it_o than_o so_o and_o suppose_v it_o any_o other_o nation_n turn_v to_o want_v silver_n as_o much_o as_o we_o now_o do_v and_o silver_n shall_v be_v there_o at_o a_o high_a price_n than_o with_o we_o than_o our_o money_n become_v good_a merchandise_n and_o he_o get_v most_o who_o carry_v most_o over_o and_o the_o low_a the_o value_n of_o our_o coin_n be_v the_o less_o foreign_a commodity_n we_o shall_v have_v for_o it_o you_o will_v prohibit_v you_o will_v say_v the_o export_n of_o it_o and_o so_o you_o have_v upon_o pain_n of_o death_n prohibit_v the_o exportation_n of_o our_o wool_n yet_o to_o the_o comfort_n of_o our_o grazier_n it_o be_v still_o export_v though_o it_o be_v very_o bulky_a ware_n but_o money_n lie_v in_o a_o small_a compass_n a_o sea_n captain_n know_v very_o little_a of_o his_o chief_a business_n if_o he_o know_v not_o where_o to_o stow_v a_o 1000_o l._n undiscovered_a and_o if_o after_o all_o we_o shall_v be_v very_o severe_a in_o the_o execution_n of_o such_o prohibitory_a law_n it_o will_v put_v such_o a_o damp_n to_o foreign_a trade_n as_o every_o body_n be_v not_o a_o ware_n of_o and_o indeed_o if_o money_n be_v not_o allow_v to_o be_v a_o commodity_n yet_o it_o be_v a_o pledge_n and_o surety_n of_o every_o trader_n property_n and_o i_o be_o not_o reconcile_v to_o the_o justice_n of_o that_o law_n which_o forbid_v a_o man_n to_o take_v his_o pledge_n along_o with_o he_o such_o a_o law_n make_v money_n nothing_o but_o a_o commodity_n and_o then_o we_o must_v pay_v dear_a for_o what_o we_o buy_v of_o foreigner_n for_o most_o man_n will_v sell_v cheaper_o than_o they_o will_v barter_n this_o article_n needs_o i_o think_v no_o more_o illustration_n if_o it_o do_v the_o merchant_n can_v tell_v more_o of_o it_o than_o i_o and_o i_o hope_v they_o will_v grant_v i_o this_o conclusion_n that_o if_o our_o english_a money_n will_v pass_v in_o any_o other_o country_n for_o as_o much_o as_o it_o do_v here_o it_o be_v impracticable_a to_o hinder_v the_o exportation_n of_o it_o chap._n vi_o of_o melt_v down_o the_o current_a coin_n of_o england_n by_o our_o goldsmith_n and_o other_o artificer_n another_o great_a grievance_n of_o the_o nation_n in_o the_o matter_n of_o coin_n may_v be_v think_v the_o melt_a of_o it_o down_o this_o have_v be_v a_o vile_a and_o great_a practice_n for_o many_o year_n the_o criminal_n have_v be_v under_o two_o temptation_n 1._o the_o inequality_n of_o the_o mint_n in_o all_o the_o hammer_a money_n some_o milled_a piece_n be_v of_o more_o intrinsic_a than_o extrinsic_a value_n and_o some_o