







 
   
     
       
         A fund for supplying and preserving our coin, or, An essay on the project of new-coining our silver
         Chamberlen, Hugh.
      
       
         
           1695
        
      
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         A31622
         Wing C1874
         ESTC R3961
         11791897
         ocm 11791897
         49237
         
           
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             A fund for supplying and preserving our coin, or, An essay on the project of new-coining our silver
             Chamberlen, Hugh.
          
           15, [1] p.
           
             s.n.,
             [S.l. :
             1696?]
          
           
             Caption title.
             Attributed to Hugh Chamberlen. Cf. Wing.
             Date of publication from Wing.
             Reproduction of original in Columbia University Library.
          
        
      
    
     
       
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         eng
      
       
         
           Coinage -- Great Britain.
        
      
    
     
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           A
           FUND
           For
           Supplying
           and
           Preserving
           Our
           COIN
           .
           OR
           ,
           An
           Essay
           on
           the
           Project
           of
           New-Coining
           our
           SILVER
           .
        
         
           WHen
           I
           had
           read
           the
           REPORT
           ,
           &c.
           and
           considered
           the
           Author's
           Pains
           ,
           and
           the
           Search
           he
           had
           made
           ,
           and
           thereby
           brought
           to
           light
           ,
           the
           state
           of
           our
           Coin
           for
           many
           Ages
           ;
           I
           could
           not
           but
           approve
           his
           Industry
           and
           Care
           in
           this
           so
           great
           a
           Concern
           ,
           as
           our
           Nation
           hath
           of
           late
           labour'd
           under
           .
        
         
           And
           therefore
           gave
           my self
           diligently
           to
           consider
           ,
           what
           weight
           might
           be
           in
           those
           that
           oppose
           his
           Reasons
           .
        
         
         
           And
           to
           examine
           the
           force
           of
           their
           Arguments
           ,
           it
           may
           not
           be
           improper
           to
           reduce
           them
           to
           a
           few
           Heads
           ,
           wherein
           I
           hope
           to
           Contract
           the
           Substance
           of
           their
           several
           strongest
           Allegations
           ,
           at
           least
           so
           far
           as
           may
           be
           worth
           notice
           .
        
         
           And
           I
           shall
           begin
           with
           theirs
           ,
           who
           say
           ,
        
         
           
             1.
             
             The
             Alteration
             of
             our
             Coin
             to
             be
             less
             in
             Weight
             than
             heretofore
             ,
             will
             be
             of
             no
             Advantage
             to
             us
             .
          
           
             2.
             
             Our
             Money
             will
             then
             purchase
             no
             more
             of
             Inland
             or
             Forreign
             Commodities
             than
             before
             ;
             because
             Wares
             will
             rise
             proportionable
             to
             the
             advance
             in
             Money
             ,
             so
             that
             Silver
             by
             the
             Ounce
             will
             buy
             no
             more
             Goods
             than
             it
             did
             before
             .
          
           
             3.
             
             The
             Exchange
             they
             say
             ,
             will
             always
             follow
             our
             state
             of
             the
             Coin
             ,
             be
             it
             Better
             or
             Worse
             .
          
           
             4.
             
             'T
             will
             have
             no
             influence
             to
             make
             Coin'd
             or
             Vncoin'd
             Silver
             more
             plenty
             among
             us
             .
          
           
             5.
             
             The
             Ballance
             of
             Trade
             sometimes
             requires
             ,
             that
             Bullion
             either
             Coin'd
             or
             Vncoin'd
             ,
             must
             be
             sent
             out
             of
             the
             Nation
             ;
             and
             when
             it
             comes
             abroad
             ,
             they
             'll
             put
             no
             more
             Value
             on
             it
             than
             before
             .
          
           
             6.
             
             All
             Bargainers
             will
             be
             Cheated
             ,
             in
             receiving
             less
             than
             their
             Agreements
             ,
             as
             Landlords
             less
             Rents
             ,
             Merchants
             less
             Silver
             in
             payment
             ,
             and
             the
             King
             less
             Taxes
             .
          
           
             7.
             
             That
             Forreigner's
             that
             have
             Lent
             to
             the
             Crown
             ,
             will
             have
             less
             by
             receiving
             Smaller
             Money
             ,
             and
             thereby
             be
             discourag'd
             from
             Lending
             again
             .
          
           
             8.
             
             That
             all
             these
             together
             will
             Ruin
             us
             .
          
        
         
           And
           in
           order
           to
           plenary
           Satisfaction
           to
           all
           Unbyassed
           Persons
           ,
           I
           shall
           endeavour
           to
           Answer
           them
           one
           by
           one
           .
        
         
           1.
           
           
             'T
             is
             Alledged
          
           ,
           The
           Alteration
           of
           our
           Coin
           to
           be
           less
           in
           Weight
           than
           heretofore
           ,
           will
           be
           of
           no
           Advantage
           to
           us
           .
        
         
           I
           humbly
           propose
           it
           will
           ;
           for
           as
           we
           have
           cause
           to
           believe
           ,
           former
           Ages
           saw
           good
           Reasons
           from
           time
           to
           time
           to
           lighten
           our
           Coin
           ,
           from
           20
           
             s.
             3
             d.
          
           for
           the
           Pound
           Troy-weight
           ,
           to
           
           3
           
             l.
             2
             s.
          
           so
           I
           hope
           to
           demonstrate
           our
           Governours
           now
           have
           cause
           ,
           if
           they
           New-Coin
           the
           Money
           to
           lighten
           it
           yet
           once
           more
           ,
           from
           3
           
             l.
             2
             s.
          
           the
           Pound
           Troy-weight
           ,
           to
           about
           3
           
             l.
             18
             s.
          
           or
           4
           l.
           especially
           if
           it
           shall
           be
           consider'd
           ,
           that
           if
           it
           be
           now
           Coin'd
           at
           the
           said
           Rate
           of
           4
           l.
           to
           a
           Pound
           Troy-weight
           ,
           it
           is
           but
           to
           continue
           it
           about
           its
           present
           state
           ;
           whereas
           it
           must
           be
           granted
           ,
           that
           to
           New-Coin
           it
           at
           the
           old
           weight
           ,
           is
           to
           make
           an
           Alteration
           ,
           and
           that
           at
           a
           time
           very
           unfit
           ,
           when
           the
           Nation
           is
           in
           an
           Expensive
           War
           ,
           and
           when
           Forreigners
           have
           great
           Estates
           here
           ,
           which
           they
           want
           to
           carry
           Home
           .
        
         
           2.
           
           
             But
             say
             they
          
           ,
           If
           our
           Money
           be
           New-Coin'd
           lighter
           ,
           't
           will
           purchase
           no
           more
           Inland
           or
           Forreign
           Commodities
           than
           before
           ,
           because
           Wares
           do
           and
           will
           rise
           proportionable
           to
           the
           Advance
           in
           Money
           ,
           so
           that
           Silver
           by
           the
           Ounce
           will
           buy
           no
           more
           than
           it
           did
           before
           .
        
         
           I
           Answer
           ,
           that
           Position
           is
           not
           always
           true
           ,
           nor
           is
           it
           the
           only
           Reason
           of
           our
           present
           Advance
           on
           Goods
           ,
           but
           't
           is
           complicated
           with
           other
           Causes
           ,
           as
           the
           Losses
           of
           great
           quantities
           of
           Goods
           by
           the
           War
           ,
           especially
           homewards
           ,
           whereby
           those
           Goods
           that
           are
           left
           Sell
           quick
           ,
           and
           would
           have
           Sold
           quick
           ,
           had
           the
           state
           of
           our
           Money
           remain'd
           as
           formerly
           ;
           for
           may
           it
           not
           be
           well-acknowledged
           what
           great
           Rates
           (
           even
           as
           great
           as
           now
           )
           Goods
           Sold
           at
           in
           a
           former
           War
           ,
           viz.
           about
           Anno
           1667
           ?
        
         
           And
           yet
           the
           Money
           was
           then
           almost
           twice
           as
           heavy
           as
           now
           .
           And
           tho'
           we
           should
           make
           it
           heavy
           again
           ,
           yet
           it
           may
           most
           reasonably
           be
           judged
           Forreign
           Goods
           will
           Sell
           quick
           and
           high
           ,
           while
           Trade
           is
           liable
           to
           the
           Obstructions
           and
           Hazards
           of
           War
           :
           But
           should
           the
           making
           our
           Coin
           heavier
           ,
           thereby
           make
           our
           own
           Commodities
           Cheaper
           ,
           I
           hope
           there
           's
           none
           but
           will
           grant
           ,
           that
           were
           then
           
           England's
           great
           Disadvantage
           .
        
         
           3.
           
           Again
           ,
           They
           say
           the
           Exchange
           will
           always
           follow
           our
           state
           of
           the
           Coin
           ,
           be
           it
           Better
           or
           Worse
           .
        
         
           But
           that
           I
           deny
           ,
           for
           this
           Age
           hath
           furnisht
           us
           with
           Experience
           to
           the
           contrary
           ;
           and
           that
           when
           our
           Coin
           was
           weighty
           ,
           the
           Exchange
           sometimes
           varied
           heretofore
           greatly
           ,
           upon
           great
           
           Emergencies
           of
           State
           and
           Trade
           ,
           as
           well
           as
           now
           ,
           and
           yet
           it
           was
           then
           esteem'd
           ,
           no
           Cause
           of
           altering
           our
           Money
           ;
           nor
           was
           the
           Exchange
           so
           much
           alter'd
           this
           time
           Twelve-month
           ,
           tho'
           our
           Money
           was
           then
           near
           as
           Bad
           as
           now
           ,
           and
           worse
           than
           it
           would
           be
           ,
           were
           it
           New-Coin'd
           at
           a
           quarter
           or
           third
           part
           less
           in
           weight
           ,
           than
           the
           old
           Standard
           .
        
         
           Besides
           ,
           they
           argue
           to
           our
           Loss
           ,
           who
           say
           ,
           The
           Exchange
           will
           rise
           in
           proportion
           to
           our
           New-Coining
           the
           Money
           ,
           if
           we
           make
           it
           of
           the
           old
           weight
           .
           And
           to
           shew
           they
           propose
           our
           Loss
           ,
           let
           's
           draw
           their
           Argument
           into
           a
           Demonstration
           .
        
         
           Suppose
           by
           their
           Rule
           our
           Pound
           Sterling
           should
           again
           be
           made
           near
           Four
           Ounces
           ,
           then
           the
           Exchange
           will
           rise
           to
           35s
           .
           Flemish
           per
           Pound
           Sterling
           .
        
         
           First
           ,
           I
           say
           ,
           How
           can
           they
           tell
           that
           ?
           Yet
           for
           the
           present
           let
           's
           grant
           it
           ,
           and
           then
           we
           shall
           see
           that
           One
           Ounce
           weight
           of
           our
           Silver
           purchaseth
           8
           
             s.
             9
             d.
          
           Flemish
           ,
           and
           Four
           Ounces
           at
           8
           
             s.
             9
             d.
          
           Flemish
           per
           Pound
           Sterling
           is
           35
           s.
           Flemish
           .
        
         
           Which
           I
           hope
           is
           thus
           demonstrable
           to
           be
           vastly
           our
           Prejudice
           ,
           for
           our
           present
           state
           of
           the
           Coin
           and
           Exchange
           is
           30
           
             per
             Cent.
          
           better
           ;
           because
           now
           our
           Pound
           Sterling
           while
           it
           weighs
           but
           about
           Two
           Ounces
           and
           a
           half
           ,
           is
           worth
           about
           28
           
             s.
             4
             d.
          
           Flemish
           ,
           whereby
           we
           have
           11
           
             s.
             4
             d.
             per
          
           Ounce
           weight
           of
           Silver
           ;
           so
           that
           the
           Change
           they
           would
           have
           us
           make
           (
           by
           their
           own
           Rule
           )
           is
           visibly
           30
           
             per
             Cent.
          
           Loss
           to
           England
           ;
           as
           you
           may
           see
           by
           Substracting
           the
           Purchase
           of
           One
           Ounce
           of
           Silver
           in
           Flemish
           Money
           at
           their
           Rate
           ,
           which
           is
           8
           
             s.
             9
             d.
          
           from
           the
           present
           Course
           ,
           which
           is
           11
           
             s.
             4
             d.
          
           the
           difference
           whereof
           is
           2
           
             s.
             7
             d.
          
           and
           that
           is
           about
           30
           
             per
             Cent.
          
           
        
         
           So
           that
           if
           the
           Subject
           hath
           occasion
           then
           to
           remit
           1000
           l.
           of
           New-Money
           of
           Four
           Ounces
           to
           the
           Pound
           ,
           at
           35
           s.
           Flemish
           ,
           he
           will
           lose
           300
           l.
           by
           it
           ,
           of
           what
           he
           would
           do
           ,
           to
           remit
           1000
           l.
           of
           our
           present
           Money
           at
           our
           present
           Exchange
           of
           28
           
             s.
             4
             d.
          
           And
           if
           the
           King
           were
           to
           remit
           Three
           Millions
           in
           Pound
           Sterling
           of
           Four
           Ounces
           at
           35
           s.
           Flemish
           per
           Pound
           ,
           he
           would
           
           lose
           near
           a
           Million
           by
           it
           ,
           of
           what
           he
           would
           do
           at
           the
           present
           Exchange
           ,
           by
           the
           aforesaid
           Demonstration
           .
        
         
           Their
           Fourth
           Mistake
           is
           ,
           
             'T
             will
             have
             no
             influence
             to
             make
             Coin'd
             or
             Vncoin'd
             Silver
             more
             plenty
             amongst
             us
          
           ;
           and
           they
           give
           some
           Reasons
           for
           it
           ,
           as
           they
           think
           ,
           but
           they
           go
           but
           a
           little
           way
           :
           They
           say
           indeed
           ,
           If
           the
           Silver
           be
           Coin'd
           a
           quarter
           or
           third
           part
           less
           ,
           Commodities
           will
           rise
           proportionable
           ,
           so
           that
           I
           shall
           then
           Buy
           no
           more
           Commodities
           with
           a
           Hundred
           Ounces
           of
           Silver
           than
           I
           did
           before
           .
           But
           did
           I
           yield
           them
           that
           to
           be
           true
           ;
           yet
           here
           they
           go
           from
           their
           own
           Arguments
           ,
           which
           was
           ,
           that
           it
           would
           not
           make
           either
           Coin'd
           or
           Uncoin'd
           Silver
           more
           plentiful
           ,
           which
           I
           call
           their
           Mistake
           ;
           for
           let
           them
           consider
           ,
           in
           that
           Country
           where
           a
           Commodity
           will
           yield
           most
           ,
           thither
           't
           will
           go
           ,
           and
           that
           made
           Forreigners
           get
           our
           Crown-pieces
           ;
           and
           if
           our
           Coin
           be
           New
           made
           about
           a
           quarter
           or
           third
           part
           lighter
           ,
           and
           our
           old
           Crowns
           made
           to
           go
           at
           6
           
             s.
             3
             d.
          
           or
           6
           
             s.
             8
             d.
          
           't
           will
           make
           our
           old
           Crown-pieces
           return
           hither
           again
           ,
           if
           any
           of
           them
           are
           abroad
           unmelted
           :
           It
           being
           certain
           ,
           as
           I
           said
           ,
           that
           in
           what
           Country
           any
           thing
           is
           most
           Valued
           thither
           't
           will
           go
           .
           And
           so
           much
           Silver
           come
           to
           our
           Mint
           .
        
         
           And
           as
           the
           new
           Coining
           our
           Crown-pieces
           one
           quarter
           or
           one
           third
           part
           lighter
           ,
           may
           bring
           back
           some
           old
           Ones
           ;
           so
           't
           will
           certainly
           bring
           us
           in
           great
           quantity
           of
           Bullion
           to
           be
           Coin'd
           ;
           for
           if
           it
           be
           worth
           ,
           as
           they
           say
           ,
           but
           5
           s.
           2
           d.
           per
           Ounce
           abroad
           ,
           yet
           if
           an
           Ounce
           Coin'd
           here
           ,
           be
           worth
           6
           s.
           3
           d.
           or
           6
           s.
           8
           d.
           't
           will
           invite
           all
           the
           Bullion
           in
           Europe
           hither
           to
           be
           Coin'd
           ,
           or
           to
           be
           sold
           as
           Bullion
           :
           For
           it
           's
           granted
           ,
           Bullion
           also
           will
           hold
           up
           the
           Price
           ,
           if
           the
           new
           Crown-pieces
           be
           Coin'd
           one
           quarter
           or
           one
           third
           part
           lighter
           .
        
         
           5.
           
           They
           think
           ,
           
             the
             Ballance
             of
             Trade
             sometimes
             requires
             that
             Bullion
             either
             Coin'd
             or
             Vncoin'd
             must
             be
             sent
             out
             of
             the
             Nation
             ,
             and
             when
             it
             comes
             abroad
             ,
             say
             they
             ,
             Forreigners
             will
             put
             no
             more
             value
             on
             it
             than
             before
             .
          
           I
           Answer
           ,
           That
           's
           a
           great
           mistake
           at
           this
           time
           ,
           and
           if
           ever
           true
           ,
           't
           is
           only
           when
           we
           are
           guilty
           
           of
           Egregious
           False
           Policy
           ,
           in
           valuing
           our
           Coin
           lower
           than
           other
           Nations
           :
           Which
           the
           better
           to
           prove
           ,
           let
           's
           observe
           a
           little
           of
           what
           this
           Ballance
           of
           Trade
           is
           ;
           and
           it
           is
           ,
           when
           there
           is
           Imported
           into
           England
           in
           Goods
           twelve
           hundred
           thousand
           pound
           in
           a
           Year
           ,
           and
           Exported
           but
           eleven
           hundred
           thousand
           pound
           ,
           there
           the
           Ballance
           of
           Trade
           is
           one
           hundred
           thousand
           pound
           which
           England
           is
           Debtor
           .
           Which
           ,
           say
           they
           ,
           must
           be
           paid
           in
           Money
           .
           I
           say
           no
           Necessity
           for
           that
           ,
           for
           suppose
           one
           of
           those
           Forreigners
           ,
           that
           sent
           in
           part
           of
           the
           Goods
           which
           belongs
           to
           this
           Ballance
           of
           Trade
           ,
           he
           never
           thinks
           of
           that
           ,
           but
           bethinks
           him
           how
           most
           to
           his
           Profit
           to
           draw
           home
           his
           Estate
           ;
           whether
           by
           Exchange
           ,
           or
           by
           Manufactures
           ,
           or
           Bullion
           Coin'd
           or
           Uncoin'd
           :
           And
           if
           he
           chuses
           Bullion
           ,
           't
           is
           because
           that
           is
           more
           valued
           in
           his
           own
           Countrey
           than
           here
           ,
           and
           perhaps
           will
           yield
           him
           more
           Profit
           then
           he
           can
           get
           by
           Commodities
           ,
           so
           that
           't
           is
           our
           Silver
           and
           Gold
           being
           too
           often
           under-valued
           here
           makes
           them
           be
           taken
           away
           ,
           and
           our
           Commodities
           left
           ,
           and
           not
           any
           otherwise
           does
           our
           over-Ballance
           of
           Trade
           mostly
           come
           ,
           for
           can
           any
           Merchant
           tell
           the
           Time
           when
           he
           might
           not
           have
           laid
           out
           his
           Money
           plentifully
           enough
           in
           Cloath
           ,
           Serges
           ,
           Lead
           ,
           Tyn
           ,
           Leather
           ,
           West-India
           Goods
           ,
           &c.
           without
           ever
           carrying
           away
           our
           Coin
           ,
           and
           that
           upon
           a
           suppos'd
           Necessity
           ?
        
         
           Again
           ,
           whenever
           we
           value
           our
           Gold
           and
           Silver
           less
           than
           Forreigners
           ,
           it
           tends
           to
           lower
           our
           Commodities
           ,
           and
           our
           Rents
           ,
           and
           our
           Lands
           ;
           as
           when
           Guineas
           went
           here
           at
           22s
           .
           and
           abroad
           at
           23s
           .
           then
           were
           they
           often
           carryed
           out
           ,
           and
           the
           Commodities
           left
           ,
           and
           the
           Commodities
           thereby
           falling
           ,
           must
           need
           fall
           the
           Land
           they
           rise
           out
           of
           .
           And
           the
           Tenant
           and
           Occupier
           of
           Land
           ,
           not
           being
           able
           to
           sell
           his
           Produce
           ,
           can't
           pay
           his
           Rent
           ;
           therefore
           Landlords
           look
           you
           to
           it
           ,
           if
           you
           make
           the
           Money
           fit
           for
           Forreigners
           to
           carry
           away
           ,
           you
           lower
           your
           Tenants
           Manufactures
           ,
           and
           your
           Lands
           produce
           first
           ,
           and
           then
           your
           Lands
           also
           .
        
         
           Another
           Erroneous
           part
           of
           their
           pretence
           is
           ,
           that
           let
           us
           over-value
           
           our
           Coin
           never
           so
           much
           ,
           Forreigners
           will
           not
           follow
           us
           therein
           .
        
         
           But
           the
           contrary
           is
           evident
           ,
           and
           I
           appeal
           to
           any
           Man
           of
           Knowledge
           herein
           ;
           Whether
           Guineas
           han't
           of
           late
           been
           sold
           for
           more
           Gilders
           in
           Holland
           since
           May-day
           ,
           than
           this
           Time
           twelve-Month
           ,
           so
           that
           at
           last
           't
           was
           hardly
           worth
           their
           while
           to
           bring
           them
           hither
           ?
        
         
           And
           before
           I
           go
           from
           this
           Proposition
           about
           the
           over-Ballance
           of
           Trade
           ,
           I
           would
           offer
           one
           Consideration
           more
           ,
           viz.
           Whenever
           our
           Money
           is
           more
           profitable
           to
           Export
           than
           Commodities
           ,
           it
           makes
           England
           Debtor
           upon
           the
           Ballance
           of
           Trade
           ;
           and
           that
           too
           in
           a
           very
           disadvantageous
           Case
           ,
           for
           we
           thereby
           exchange
           an
           unperishable
           Commodity
           ,
           as
           our
           Coin
           is
           allowed
           to
           be
           ,
           for
           perishable
           Commodities
           ;
           I
           mean
           for
           Eating
           ,
           Drinking
           and
           Apparel
           ,
           and
           this
           has
           been
           to
           often
           our
           Case
           ,
           while
           we
           had
           broad
           Money
           ,
           or
           Guineas
           left
           ,
           that
           they
           could
           get
           by
           fetching
           away
           .
        
         
           
             The
             next
             Proposition
             to
             be
             answer'd
             is
             ,
             if
             the
             Money
             be
             made
             less
             than
             formerly
             ,
          
           all
           Bargainers
           will
           be
           cheated
           in
           receiving
           less
           than
           their
           Agreements
           ,
           as
           Landlords
           ,
           less
           Rents
           ,
           Merchants
           less
           Silver
           ,
           and
           the
           King
           less
           Taxes
           .
        
         
           But
           pray
           consider
           ,
           did
           the
           Landlord
           Lett
           his
           Land
           to
           be
           paid
           in
           Money
           as
           big
           again
           ,
           as
           that
           which
           is
           Current
           ?
           Or
           did
           the
           Merchant
           sell
           his
           Goods
           to
           be
           paid
           in
           a
           new
           Coin
           ?
           Or
           the
           Mortgagee
           to
           be
           paid
           in
           bigger
           Money
           then
           he
           Lent
           ?
           No
           such
           matter
           ,
           therefore
           if
           the
           Money
           be
           new
           Coin'd
           larger
           ,
           than
           it
           has
           been
           this
           Year
           or
           two
           ;
           't
           will
           be
           as
           great
           a
           loss
           in
           reality
           upon
           he
           that
           pays
           great
           Money
           ,
           as
           't
           is
           in
           pretence
           on
           the
           other
           side
           .
        
         
           But
           say
           they
           ,
           Forreigners
           that
           have
           Lent
           to
           the
           Crown
           ,
           will
           have
           loss
           by
           receiving
           it
           back
           in
           smaller
           Money
           ,
           and
           thereby
           be
           discouraged
           from
           lending
           again
           .
        
         
           And
           now
           methinks
           ,
           I
           could
           be
           glad
           the
           whole
           Cause
           were
           to
           be
           tried
           on
           this
           one
           Issue
           :
           For
           ,
           did
           Forreigners
           lend
           to
           the
           Crown
           Money
           of
           four
           Ounces
           to
           a
           Pound
           Sterling
           ?
           Or
           did
           
           they
           lend
           such
           as
           was
           Current
           ;
           and
           such
           as
           they
           Lent
           ,
           such
           let
           them
           have
           again
           ;
           if
           they
           Lent
           hundred
           Pound
           Bags
           of
           16.
           or
           18
           l.
           weight
           ,
           let
           them
           have
           such
           again
           .
           But
           what
           Policy
           is
           it
           to
           Coin
           them
           new
           Money
           of
           32
           l.
           in
           a
           hundred
           Pound
           ,
           to
           pay
           them
           who
           Lent
           but
           16
           l.
           or
           18
           l.
           in
           a
           hundred
           Pound
           ;
           pray
           consider
           well
           of
           it
           .
        
         
           For
           hereby
           you
           'll
           prevent
           Forreigners
           from
           lending
           any
           more
           ;
           because
           when
           you
           have
           paid
           them
           in
           such
           weighty
           Money
           ,
           away
           goes
           their
           Estates
           that
           are
           here
           with
           this
           new
           heavy
           Money
           ,
           and
           so
           they
           leave
           none
           here
           to
           lend
           .
        
         
           Whereas
           keep
           but
           Forreigners
           Stocks
           here
           ,
           which
           are
           come
           over
           in
           Guineas
           ,
           and
           you
           may
           have
           Money
           enough
           .
           Lent
           ,
           and
           that
           at
           Interest
           low
           enough
           :
           For
           they
           can't
           carry
           back
           their
           Estates
           as
           yet
           ,
           and
           great
           Estates
           without
           doubt
           they
           have
           here
           ,
           by
           the
           pouring
           in
           Guineas
           ,
           and
           lowering
           the
           Exchange
           ;
           which
           brings
           me
           to
           their
           eighth
           Argument
        
         
           8.
           
           Wherein
           they
           say
           ,
           the
           Consequence
           is
           ,
           
             That
             all
             these
             things
             will
             ruin
             us
             .
          
        
         
           They
           mean
           ,
           unless
           the
           Money
           be
           made
           heavy
           by
           a
           speedy
           Alteration
           of
           the
           Coin
           to
           the
           old
           weight
           .
        
         
           In
           Answer
           to
           which
           ,
           I
           offer
           this
           Position
           ,
           and
           hope
           the
           following
           Lines
           will
           prove
           it
           .
        
         
           That
           if
           an
           Alteration
           be
           now
           made
           of
           the
           Coin
           ,
           to
           about
           an
           Ounce
           of
           Silver
           in
           a
           Crown-piece
           ,
           't
           will
           be
           ruinous
           to
           the
           Nation
           ,
           and
           that
           in
           a
           very
           vast
           degree
           .
        
         
           First
           ,
           'T
           is
           evident
           ,
           the
           War
           and
           our
           Neighbours
           have
           carried
           away
           ,
           our
           East
           and
           West-India
           Goods
           ,
           and
           our
           home-made
           Commodities
           also
           :
           And
           if
           the
           Silver
           be
           made
           heavy
           as
           formerly
           ,
           there
           's
           enow
           will
           carry
           that
           away
           too
           .
        
         
           Nor
           will
           they
           then
           leave
           us
           the
           Gold
           ;
           for
           if
           we
           new-Coin
           our
           Silver
           Money
           heavy
           ,
           that
           will
           lower
           the
           Guineas
           ;
           and
           that
           will
           infallibly
           carry
           them
           away
           too
           ;
           nay
           ,
           perhaps
           to
           the
           profit
           of
           those
           very
           Men
           that
           got
           25
           
             per
             Cent.
          
           by
           bringing
           them
           in
           ;
           and
           may
           get
           near
           half
           as
           much
           ,
           by
           carrying
           them
           away
           .
        
         
         
           Nor
           will
           it
           be
           less
           fatal
           to
           us
           in
           the
           Exchange
           ,
           for
           if
           they
           of
           the
           other
           side
           are
           in
           the
           right
           ,
           they
           expect
           our
           Pound
           Sterling
           (
           when
           we
           shall
           make
           it
           weigh
           near
           four
           Ounces
           )
           to
           procure
           us
           but
           35s
           .
           Flemish
           ,
           which
           is
           about
           8
           s.
           9
           d.
           an
           Ounce
           .
        
         
           Whereas
           at
           present
           ,
           we
           have
           11
           s.
           4
           d.
           Flemish
           ,
           for
           an
           Ounce
           of
           Silver
           ,
           as
           is
           before
           demonstrated
           .
        
         
           So
           that
           to
           alter
           our
           Money
           at
           this
           Time
           ,
           is
           to
           make
           the
           Exporters
           thereof
           a
           profit
           ,
           which
           they
           greatly
           desire
           ;
           and
           they
           will
           greatly
           admire
           our
           Prudence
           ,
           so
           to
           fit
           our
           Crowns
           to
           their
           Politick-Heads
           ,
           and
           our
           Coin
           to
           their
           Covetous
           Purses
           .
        
         
           Nor
           is
           this
           all
           the
           fatality
           attends
           us
           ,
           from
           their
           carrying
           back
           their
           Estates
           in
           Coin
           ,
           who
           brought
           it
           in
           Guineas
           ;
           but
           it
           will
           also
           stop
           their
           laying
           out
           their
           Stocks
           ,
           (
           they
           have
           here
           )
           in
           English
           Produce
           and
           Manufactures
           ,
           which
           they
           have
           begun
           to
           buy
           ,
           and
           will
           go
           on
           to
           do
           ,
           if
           we
           don't
           inconsiderately
           furnish
           them
           another
           way
           to
           carry
           off
           their
           Estates
           .
        
         
           For
           it
           must
           be
           granted
           ,
           that
           ,
           though
           some
           of
           the
           Guineas
           that
           came
           ,
           were
           sent
           for
           by
           our
           own
           People
           :
           Yet
           vast
           quantities
           of
           them
           ,
           were
           sent
           hither
           by
           Forreigners
           ;
           and
           of
           such
           Forreigners
           Estates
           prodigious
           summs
           ,
           may
           well
           be
           supposed
           to
           lye
           here
           still
           ,
           and
           groan
           to
           get
           home
           ;
           and
           therefore
           they
           use
           their
           skill
           ,
           to
           have
           the
           same
           Guineas
           ,
           or
           other
           Coin
           adapted
           to
           their
           devices
           .
        
         
           Nor
           is
           it
           Forreigners
           only
           ;
           but
           also
           some
           of
           our
           own
           People
           ,
           would
           by
           it
           make
           themselves
           an
           advantage
           ;
           and
           they
           are
           of
           two
           sorts
           .
        
         
           First
           ,
           Such
           as
           are
           for
           any
           gain
           they
           can
           come
           at
           ,
           and
           will
           venture
           Exporting
           Money
           when
           so
           very
           profitable
           ,
           though
           it
           be
           so
           positively
           against
           Law
           ;
           which
           fairer
           Traders
           scorn
           to
           do
           :
           And
           to
           give
           those
           Secret
           designers
           ,
           an
           opportunity
           to
           out-do
           Honester
           Men
           ,
           is
           no
           true
           Policy
           ;
           if
           it
           were
           not
           attended
           with
           these
           general
           damages
           to
           the
           Nation
           .
        
         
         
           The
           other
           sort
           of
           our
           own
           People
           ,
           that
           fall
           in
           with
           this
           Interest
           of
           Forreigners
           ;
           may
           be
           those
           ,
           who
           have
           undertaken
           to
           remit
           Money
           for
           the
           Government
           ,
           and
           they
           will
           needs
           get
           by
           their
           Trade
           ,
           and
           't
           is
           very
           good
           Reason
           they
           should
           ;
           yet
           can't
           they
           propose
           another
           way
           ,
           than
           that
           ,
           which
           will
           rob
           us
           of
           our
           Treasure
           .
        
         
           For
           that
           's
           the
           plain
           Consequence
           of
           making
           our
           Money
           so
           heavy
           .
        
         
           Ever
           since
           Anno
           1660.
           the
           weight
           has
           robb'd
           us
           of
           it
           ,
           by
           Exporting
           ,
           or
           Melting
           ,
           or
           both
           .
        
         
           And
           is
           not
           35
           Years
           Experience
           sufficient
           to
           shew
           us
           ,
           we
           must
           take
           a
           contrary
           Method
           ,
           if
           ever
           we
           will
           preserve
           it
           here
           ?
        
         
           For
           those
           designing
           Men
           ,
           whose
           Interest
           it
           is
           to
           Melt
           or
           Transport
           it
           ,
           will
           hardly
           forbear
           ,
           though
           it
           were
           ever
           so
           Penal
           ;
           because
           they
           can
           transact
           it
           with
           Privacy
           .
        
         
           Therefore
           ,
           consider
           the
           Proposals
           in
           Esquire
           
           Lowns's
           Report
           :
           Where
           he
           doth
           not
           only
           propose
           as
           our
           Advantage
           ,
           that
           our
           Coin
           be
           made
           lighter
           .
           But
           shews
           ,
           that
           in
           former
           Times
           our
           Ancestors
           did
           often
           find
           occasion
           so
           to
           do
           ,
           and
           pray
           what
           dishonour
           did
           ever
           attend
           their
           making
           it
           lesser
           ;
           when
           they
           kept
           up
           to
           the
           Fineness
           ?
        
         
           It
           may
           be
           granted
           ,
           when
           the
           Money
           has
           been
           made
           Courser
           ,
           they
           have
           soon
           found
           Reason
           to
           alter
           it
           .
        
         
           But
           did
           they
           ever
           see
           cause
           to
           reform
           ,
           after
           they
           had
           lighten'd
           it
           ?
           And
           what
           ever
           Reasons
           they
           had
           ,
           we
           seem
           to
           have
           much
           more
           .
        
         
           For
           I
           appeal
           to
           all
           judicious
           Men
           ,
           whether
           ever
           Forreigners
           had
           such
           vast
           Estates
           here
           as
           now
           ,
           and
           when
           they
           please
           to
           have
           them
           home
           ,
           have
           they
           any
           more
           then
           these
           four
           Ways
           ,
           viz.
           in
           Silver
           ,
           in
           Gold
           ,
           in
           Exchange
           ,
           or
           in
           Goods
           ?
        
         
           1.
           
           They
           can't
           carry
           away
           our
           Silver
           at
           the
           present
           value
           of
           it
           here
           ,
           not
           Uncoin'd
           Silver
           ,
           because
           't
           is
           worth
           here
           6
           s.
           5
           d.
           and
           abroad
           about
           5
           s.
           2
           d.
           nor
           can
           they
           carry
           it
           off
           in
           our
           Coin
           as
           it
           now
           is
           ,
           (
           or
           if
           new
           Coin'd
           at
           one
           quarter
           or
           one
           
           third
           part
           advance
           )
           because
           it
           goes
           for
           much
           more
           here
           ,
           then
           it
           would
           there
           .
        
         
           But
           should
           our
           Silver
           be
           reduc'd
           ,
           that
           one
           Pound
           Sterling
           should
           have
           in
           it
           near
           four
           Ounces
           of
           Silver
           ,
           away
           they
           'd
           carry
           that
           .
        
         
           Or
           should
           we
           thereby
           lower
           Uncoin'd
           Silver
           to
           5
           s.
           2
           d.
           upon
           a
           small
           turn
           of
           the
           Exchange
           ,
           away
           goes
           that
           too
           .
        
         
           And
           the
           Consequence
           is
           the
           same
           upon
           Guineas
           ;
           and
           pray
           consider
           ,
           that
           unless
           they
           will
           take
           them
           of
           us
           at
           that
           Rate
           ,
           we
           have
           took
           them
           from
           them
           ,
           they
           ought
           not
           to
           carry
           them
           away
           ;
           but
           rather
           leave
           them
           where
           they
           are
           .
        
         
           3.
           
           Nor
           can
           they
           carry
           it
           all
           away
           by
           Exchange
           ;
           for
           if
           very
           many
           of
           them
           should
           go
           about
           that
           ,
           t'
           would
           lower
           the
           Exchange
           to
           their
           loss
           ;
           perhaps
           more
           than
           they
           got
           by
           bringing
           in
           Guineas
           .
        
         
           But
           as
           the
           Case
           now
           is
           ,
           't
           is
           their
           Interest
           ,
           as
           well
           as
           our
           own
           ,
           to
           keep
           up
           the
           Exchange
           .
        
         
           Whereas
           ,
           if
           we
           gratifie
           them
           in
           falling
           our
           Guineas
           ,
           and
           greatening
           our
           Silver
           ,
           't
           will
           also
           raise
           the
           Exchange
           :
           So
           that
           then
           they
           have
           three
           ways
           to
           chuse
           ,
           and
           may
           leave
           our
           Manufactures
           to
           fall
           .
        
         
           But
           should
           we
           so
           see
           their
           devices
           (
           and
           the
           ruine
           impends
           us
           thereby
           )
           as
           to
           avoid
           fitting
           their
           Interest
           ,
           in
           either
           of
           the
           said
           three
           ways
           ;
           then
           they
           have
           but
           one
           left
           ,
           and
           that
           's
           the
           Fourth
           .
        
         
           4.
           
           Viz.
           To
           carry
           off
           our
           Commodities
           ,
           and
           they
           are
           Men
           but
           of
           short
           sight
           ,
           that
           see
           not
           how
           greatly
           that
           will
           still
           raise
           our
           Commodities
           :
           Although
           perhaps
           they
           are
           as
           much
           advanced
           already
           ,
           as
           the
           Guineas
           are
           .
        
         
           Yet
           for
           the
           Forreigners
           to
           carry
           back
           their
           Estates
           in
           Commodities
           ;
           the
           English
           growth
           and
           Manufacture
           ,
           and
           that
           of
           our
           Plantations
           ,
           must
           yet
           still
           advance
           ;
           to
           the
           great
           enriching
           of
           this
           Industrious
           Nation
           .
        
         
           And
           were
           it
           not
           false
           Policy
           with
           a
           witness
           ,
           to
           lose
           this
           
           opportunity
           of
           selling
           our
           Goods
           50
           
             per
             Cent.
          
           above
           whatever
           they
           would
           give
           for
           them
           ,
           when
           they
           could
           get
           by
           carrying
           away
           our
           Coin
           :
           Especially
           ,
           when
           we
           have
           given
           them
           so
           dear
           for
           their
           Money
           .
        
         
           Rather
           let
           it
           stay
           and
           circulate
           three
           Times
           ,
           through
           the
           Manufactures
           of
           England
           ,
           while
           our
           Goods
           are
           at
           these
           advanced
           Prizes
           ;
           then
           in
           the
           thrice
           circulating
           ,
           we
           shall
           not
           only
           get
           the
           advance
           ,
           the
           Guineas
           has
           got
           ,
           but
           also
           the
           whole
           Guinea
           .
        
         
           But
           they
           say
           ,
           if
           our
           Commodities
           are
           so
           dear
           ,
           they
           won't
           turn
           to
           account
           abroad
           :
           That
           I
           deny
           too
           ,
           unless
           there
           was
           another
           Virginia
           to
           afford
           them
           Tobacco
           ,
           or
           another
           Barbadoes
           to
           yield
           them
           Sugar
           ,
           or
           another
           England
           to
           yield
           them
           broad
           Cloaths
           ,
           Serges
           ,
           Kersies
           ,
           Bays
           ,
           and
           Stockins
           ,
           Lead
           ,
           Tin
           ,
           and
           Leather
           ;
           for
           seeing
           this
           is
           the
           Store-house
           ,
           from
           whence
           they
           must
           have
           these
           useful
           Commodities
           for
           Trade
           ;
           when
           they
           have
           them
           abroad
           ,
           they
           'll
           go
           near
           to
           ask
           as
           much
           profit
           upon
           them
           ,
           as
           they
           did
           before
           ,
           when
           bought
           here
           at
           40
           
             per
             Cent.
          
           less
           .
        
         
           And
           though
           it
           be
           objected
           ,
           That
           they
           who
           bought
           early
           ,
           whether
           Forreigners
           or
           English
           ,
           will
           under-sell
           the
           Dear
           Buyers
           at
           Markets
           abroad
           ;
           yet
           that
           will
           soon
           be
           over
           ,
           and
           then
           all
           may
           run
           equal
           .
        
         
           Besides
           ,
           if
           we
           continue
           our
           Coin
           ,
           about
           the
           weight
           the
           currant
           Money
           now
           is
           ,
           Silver
           will
           hold
           about
           6
           
             s.
             5
             d.
          
           or
           6
           d.
           and
           that
           may
           Incourage
           Forreigners
           to
           send
           theirs
           hither
           ,
           and
           that
           will
           raise
           the
           price
           with
           them
           ,
           as
           it
           has
           done
           with
           us
           ;
           and
           so
           it
           hath
           done
           already
           with
           Guineas
           ,
           for
           they
           could
           not
           lately
           be
           bought
           ,
           to
           bring
           hither
           with
           much
           Advantage
           ;
           but
           't
           will
           be
           with
           large
           Advantage
           they
           'll
           carry
           them
           out
           ,
           and
           our
           New
           Money
           too
           ,
           if
           we
           make
           it
           large
           .
        
         
           And
           though
           they
           boast
           they
           have
           gull'd
           our
           People
           ,
           to
           get
           the
           Guineas
           taken
           at
           these
           high
           Rates
           ,
           yet
           it
           's
           much
           to
           be
           hoped
           ,
           our
           Government
           will
           not
           be
           over-reacht
           by
           them
           ,
           so
           
           as
           to
           make
           it
           their
           Advantage
           to
           carry
           it
           away
           ,
           with
           as
           much
           Profit
           as
           they
           brought
           it
           in
           .
        
         
           But
           if
           it
           shall
           seem
           meet
           to
           the
           Wisdom
           of
           the
           Parliament
           ,
           to
           New-Coin
           it
           again
           ,
           please
           to
           consider
           ,
           nothing
           is
           so
           like
           to
           keep
           it
           here
           ,
           as
           to
           make
           100
           l.
           of
           Sterling
           ,
           to
           weigh
           about
           so
           many
           Pound
           of
           Silver
           ,
           as
           it
           now
           does
           ;
           and
           then
           it
           will
           equally
           answer
           all
           Bargains
           now
           on
           foot
           ;
           and
           the
           King
           will
           equally
           pay
           those
           that
           have
           Lent
           Money
           ,
           according
           to
           the
           goodness
           or
           weight
           of
           the
           Money
           they
           Lent
           ;
           and
           thereby
           the
           Estates
           of
           Forreigners
           will
           still
           be
           continued
           here
           ,
           and
           be
           probably
           Lent
           to
           the
           Crown
           ,
           if
           need
           should
           require
           ,
           at
           Four
           or
           Five
           
             per
             Cent.
          
           Interest
           .
        
         
           Whereas
           should
           the
           Coin
           now
           be
           made
           large
           ,
           and
           thereby
           ,
           as
           is
           before-demonstrated
           ,
           it
           be
           all
           ,
           or
           most
           of
           it
           carried
           away
           ,
           what
           shall
           we
           have
           to
           Lend
           the
           Government
           ,
           or
           Pay
           our
           Merchants
           and
           Landlords
           ?
           Will
           they
           be
           willing
           to
           take
           Hens
           ,
           and
           Pease
           ,
           and
           Barley
           ,
           for
           Rent
           ,
           as
           is
           common
           in
           Scotland
           ?
        
         
           For
           the
           Reducing
           our
           Coin
           to
           half
           the
           quantity
           which
           it
           now
           is
           ,
           will
           render
           the
           Nation
           so
           bare
           of
           Money
           :
           First
           ,
           By
           its
           quantity
           ,
           being
           less
           .
           Secondly
           ,
           By
           their
           carrying
           much
           of
           it
           away
           ;
           that
           each
           Trader
           will
           have
           little
           enough
           left
           to
           maintain
           the
           Necessary
           Payments
           of
           Trade
           ,
           and
           Expences
           ,
           and
           Taxes
           ,
           and
           the
           fewer
           to
           spare
           to
           Lend
           to
           the
           King.
           
        
         
           But
           some
           may
           Object
           ,
           This
           great
           uneasiness
           in
           the
           People
           ,
           under
           the
           present
           Circumstances
           of
           the
           Badness
           of
           Money
           ,
           necessitates
           somewhat
           to
           be
           done
           .
        
         
           'T
           is
           true
           ,
           there
           is
           the
           Disease
           ;
           but
           it
           don't
           need
           so
           desperate
           a
           Remedy
           .
        
         
           For
           if
           the
           Government
           should
           see
           good
           to
           make
           the
           Guineas
           every
           where
           passable
           at
           30s
           .
           and
           they
           thereby
           become
           Currant
           at
           the
           Exchequer
           ,
           the
           
             Custom-House
             ,
             Excise-Office
          
           ,
           and
           in
           payment
           for
           other
           Taxes
           ;
           then
           will
           the
           People
           also
           take
           them
           freely
           ,
           and
           we
           should
           have
           Money
           Circulate
           amain
           ;
           then
           would
           Taxes
           come
           in
           easily
           ,
           Rents
           be
           well
           paid
           ,
           and
           great
           
           quantities
           of
           Money
           ready
           to
           purchase
           Lands
           of
           any
           Seller
           ,
           and
           quantities
           ready
           for
           the
           Crown
           ;
           and
           all
           the
           uses
           of
           Money
           well-supplied
           ,
           without
           the
           Charge
           of
           Altering
           the
           Money
           at
           all
           ,
           at
           this
           Juncture
           ,
           when
           it
           can
           so
           ill
           be
           done
           ;
           or
           when
           such
           Difficulties
           attend
           the
           finding
           any
           other
           Fund
           at
           this
           time
           to
           answer
           the
           Loss
           :
           And
           this
           is
           the
           Fund
           I
           propose
           ,
           both
           to
           supply
           our
           want
           of
           Acceptable
           Cash
           to
           pay
           every
           Body
           ,
           and
           to
           carry
           on
           the
           Affairs
           of
           the
           Nation
           ,
           by
           making
           the
           Guineas
           passable
           at
           30
           s.
           
        
         
           And
           for
           the
           Counterfeit
           Money
           ,
           a
           little
           time
           will
           furnish
           most
           People
           with
           Judgment
           enough
           to
           avoid
           that
           ;
           and
           then
           where
           's
           our
           need
           of
           an
           Alteration
           ,
           till
           the
           Nation
           is
           again
           in
           Peace
           and
           Prosperity
           ;
           and
           by
           that
           time
           you
           may
           so
           find
           the
           sweet
           of
           keeping
           the
           Money
           here
           ,
           as
           willingly
           to
           Coin
           it
           in
           such
           Bulk
           as
           may
           continue
           it
           with
           us
           hereafter
           .
        
         
           It
           will
           also
           be
           made
           yet
           more
           easie
           ,
           if
           the
           next
           Fifty
           or
           a
           Hundred
           Thousand
           Pounds
           of
           Gold
           that
           shall
           be
           Coin'd
           ,
           be
           done
           in
           half
           Guineas
           ,
           to
           go
           at
           15s
           .
           Thirds
           of
           Guineas
           ,
           to
           go
           at
           10s
           .
           Sixths
           of
           Guineas
           ,
           to
           go
           at
           5s
           .
           then
           surely
           we
           shall
           not
           need
           to
           go
           upon
           this
           Chargeable
           and
           Ruinous
           Affair
           now
           at
           this
           time
           ,
           when
           the
           Nation
           hath
           so
           many
           ways
           for
           all
           the
           Money
           they
           can
           spare
           ,
           both
           at
           Home
           for
           our
           Navy
           ,
           and
           Abroad
           for
           our
           Army
           .
        
         
           Ay
           ,
           say
           they
           ,
           for
           our
           Army
           ,
           how
           will
           you
           pay
           and
           supply
           them
           ?
        
         
           And
           truly
           if
           this
           were
           rightly
           answer'd
           ,
           I
           hope
           their
           Cause
           were
           at
           an
           end
           .
        
         
           Therefore
           let
           's
           divide
           their
           Objection
           into
           two
           parts
           ,
           and
           answer
           them
           asunder
           ;
           
             and
             First
             for
             the
             Pay.
          
           
        
         
           For
           that
           ,
           let
           us
           give
           the
           King
           so
           much
           the
           more
           ;
           we
           were
           better
           do
           that
           ,
           than
           Ruin
           us
           all
           ;
           as
           would
           be
           the
           going
           away
           of
           all
           our
           Coin.
           And
           if
           we
           give
           the
           King
           ,
           in
           the
           Quota
           Allotted
           to
           pay
           the
           Army
           one
           fourth
           part
           more
           ,
           that
           will
           be
           
           a
           much
           less
           Inconvenience
           ;
           and
           keeping
           the
           rest
           here
           ,
           our
           Commodities
           will
           Sell
           well
           and
           quick
           ,
           and
           the
           Nation
           grow
           Rich
           under
           all
           ;
           especially
           ,
           if
           Providence
           Bless
           the
           Care
           of
           our
           Superiors
           ,
           in
           protecting
           our
           Trade
           with
           Success
           .
        
         
           As
           for
           the
           other
           part
           of
           their
           Objection
           ,
           
             The
             Supply
             of
             the
             Army
             with
             Necessaries
          
           ;
           let
           them
           eat
           our
           own
           Bread
           ,
           and
           wear
           our
           Apparel
           :
           I
           mean
           ,
           let
           them
           be
           Cloath'd
           from
           England
           as
           before
           ;
           let
           their
           Beef
           be
           sent
           them
           from
           England
           or
           Ireland
           ,
           and
           their
           Bread
           ready
           Bak'd
           ,
           and
           Cheese
           ,
           and
           Pease
           ,
           and
           Fish
           ,
           as
           are
           provided
           for
           the
           Navy
           ,
           and
           most
           part
           will
           Circulate
           among
           our selves
           .
        
         
           And
           thus
           having
           Answer'd
           all
           their
           Valuable
           Objections
           I
           have
           met
           withal
           ;
           I
           shall
           close
           this
           Discourse
           with
           a
           Brief
           Summary
           of
           the
           whole
           Matter
           .
        
         
           'T
           is
           our
           Interest
           to
           be
           Keepers
           of
           our
           own
           Coin
           our selves
           .
        
         
           If
           Forreigners
           have
           Estates
           here
           ,
           let
           them
           take
           them
           home
           in
           English
           Commodities
           at
           these
           Advanced
           Prizes
           they
           now
           bear
           ,
           and
           that
           's
           the
           way
           to
           equal
           the
           Ballance
           of
           Trade
           ;
           for
           the
           more
           Commodities
           goes
           out
           ,
           the
           less
           the
           Nation
           is
           Debtor
           on
           the
           Ballance
           of
           Trade
           .
        
         
           Or
           if
           they
           won't
           do
           so
           ,
           let
           them
           leave
           them
           here
           to
           Lend
           the
           Government
           .
        
         
           But
           don't
           let
           us
           make
           it
           their
           Interest
           ,
           to
           Rob
           us
           of
           our
           Treasure
           ,
           instead
           of
           Buying
           our
           Commodities
           .
        
         
           May
           the
           Almighty
           Bless
           the
           Debates
           of
           our
           Grandees
           ,
           and
           give
           a
           Happy
           Issue
           to
           their
           Consultations
           ,
           is
           the
           Hearty
           Desire
           of
           
           England's
           Well-wisher
           .
        
         
           FINIS
           .
        
      
    
     
       
         
         
           A
           FUND
           For
           Supplying
           and
           Increasing
           Our
           COIN
           .
        
         
      
    
  

