







 
   
     
       
         Overtures offered to the Parliament in which this proposition is advanced that a small summ imposed on the nation, for reforming our standard, and for repairing the losses of the African and Indian Company, &c. bestowed in the method propos'd, will be of ten times more value to the nation in general, &c. to almost the whole individual persons in the kingdom, than the samen [sic] summ will be, if retained in each particulars hand.
         Fletcher, Andrew, 1655-1716.
      
       
         
           1700
        
      
       Approx. 19 KB of XML-encoded text transcribed from 7 1-bit group-IV TIFF page images.
       
         Text Creation Partnership,
         Ann Arbor, MI ; Oxford (UK) :
         2009-03 (EEBO-TCP Phase 1).
         A39784
         Wing F1296
         ESTC R215771
         99827544
         99827544
         31965
         
           
            This keyboarded and encoded edition of the work described above is co-owned by the institutions providing financial support to the Early English Books Online Text Creation Partnership. This Phase I text is available for reuse, according to the terms of
             Creative Commons 0 1.0 Universal
            . The text can be copied, modified, distributed and performed, even for commercial purposes, all without asking permission.
          
        
      
       
         Early English books online.
      
       
         (EEBO-TCP ; phase 1, no. A39784)
         Transcribed from: (Early English Books Online ; image set 31965)
         Images scanned from microfilm: (Early English books, 1641-1700 ; 1847:16)
      
       
         
           
             Overtures offered to the Parliament in which this proposition is advanced that a small summ imposed on the nation, for reforming our standard, and for repairing the losses of the African and Indian Company, &c. bestowed in the method propos'd, will be of ten times more value to the nation in general, &c. to almost the whole individual persons in the kingdom, than the samen [sic] summ will be, if retained in each particulars hand.
             Fletcher, Andrew, 1655-1716.
          
           [6], 7, [1] p.
           
             printed by John Reid,
             Edinburgh :
             in the year M D CC. [1700]
          
           
             By Andrew Fletcher.
             Reproduction of the original in the Goldsmiths' Library, University of London.
          
        
      
    
     
       
         Created by converting TCP files to TEI P5 using tcp2tei.xsl, TEI @ Oxford.
         Re-processed by University of Nebraska-Lincoln and Northwestern, with changes to facilitate morpho-syntactic tagging. Gap elements of known extent have been transformed into placeholder characters or elements to simplify the filling in of gaps by user contributors.
      
       
         EEBO-TCP is a partnership between the Universities of Michigan and Oxford and the publisher ProQuest to create accurately transcribed and encoded texts based on the image sets published by ProQuest via their Early English Books Online (EEBO) database (http://eebo.chadwyck.com). The general aim of EEBO-TCP is to encode one copy (usually the first edition) of every monographic English-language title published between 1473 and 1700 available in EEBO.
         EEBO-TCP aimed to produce large quantities of textual data within the usual project restraints of time and funding, and therefore chose to create diplomatic transcriptions (as opposed to critical editions) with light-touch, mainly structural encoding based on the Text Encoding Initiative (http://www.tei-c.org).
         The EEBO-TCP project was divided into two phases. The 25,363 texts created during Phase 1 of the project have been released into the public domain as of 1 January 2015. Anyone can now take and use these texts for their own purposes, but we respectfully request that due credit and attribution is given to their original source.
         Users should be aware of the process of creating the TCP texts, and therefore of any assumptions that can be made about the data.
         Text selection was based on the New Cambridge Bibliography of English Literature (NCBEL). If an author (or for an anonymous work, the title) appears in NCBEL, then their works are eligible for inclusion. Selection was intended to range over a wide variety of subject areas, to reflect the true nature of the print record of the period. In general, first editions of a works in English were prioritized, although there are a number of works in other languages, notably Latin and Welsh, included and sometimes a second or later edition of a work was chosen if there was a compelling reason to do so.
         Image sets were sent to external keying companies for transcription and basic encoding. Quality assurance was then carried out by editorial teams in Oxford and Michigan. 5% (or 5 pages, whichever is the greater) of each text was proofread for accuracy and those which did not meet QA standards were returned to the keyers to be redone. After proofreading, the encoding was enhanced and/or corrected and characters marked as illegible were corrected where possible up to a limit of 100 instances per text. Any remaining illegibles were encoded as <gap>s. Understanding these processes should make clear that, while the overall quality of TCP data is very good, some errors will remain and some readable characters will be marked as illegible. Users should bear in mind that in all likelihood such instances will never have been looked at by a TCP editor.
         The texts were encoded and linked to page images in accordance with level 4 of the TEI in Libraries guidelines.
         Copies of the texts have been issued variously as SGML (TCP schema; ASCII text with mnemonic sdata character entities); displayable XML (TCP schema; characters represented either as UTF-8 Unicode or text strings within braces); or lossless XML (TEI P5, characters represented either as UTF-8 Unicode or TEI g elements).
         
          Keying and markup guidelines are available at the
           Text Creation Partnership web site
          .
        
      
       
         
         
      
    
     
       
         eng
      
       
         
           Coinage -- Scotland -- Early works to 1800.
           Inflation (Finance) -- Scotland -- Early works to 1800.
        
      
    
     
        2007-06 TCP
        Assigned for keying and markup
      
        2007-07 Apex CoVantage
        Keyed and coded from ProQuest page images
      
        2008-03 Elspeth Healey
        Sampled and proofread
      
        2008-03 Elspeth Healey
        Text and markup reviewed and edited
      
        2008-09 pfs
        Batch review (QC) and XML conversion
      
    
  
   
     
       
         
         
         
           OVERTURES
           Offered
           to
           the
           PARLIAMENT
           In
           which
           this
           Proposition
           is
           Advanced
           .
        
         
           
             That
             a
             small
             Summ
             imposed
             on
             the
             Nation
             ,
             for
             Reforming
             Our
             Standard
             ,
             and
             for
             Repairing
             the
             Losses
             of
             the
          
           AFRICAN
           and
           INDIAN
           
             Company
             ,
             &c.
             bestowed
             in
             the
             Method
             propos'd
             ,
             will
             be
             of
             ten
             times
             more
             value
             to
             the
             Nation
             in
             General
             ,
             &c.
             
             To
             almost
             the
             whole
             individual
             Persons
             in
             the
             Kingdom
             ,
             than
             the
             samen
             Summ
             will
             be
             ,
             if
             Retained
             in
             each
             Particulars
             Hand
             .
          
        
         
           EDINBURGH
           ,
           Printed
           by
           
             John
             Reid
          
           ,
           in
           the
           Year
           M
           D
           CC.
           
        
      
       
         
         
         
           THE
           PREFACE
           .
        
         
           THE
           Errors
           in
           Laws
           and
           Mistakes
           in
           Governours
           ,
           are
           so
           often
           Represented
           in
           Malicious
           Designs
           ,
           That
           it
           is
           some
           times
           dangerous
           to
           Propall
           them
           .
           Yet
           when
           it
           is
           done
           with
           Discretion
           and
           Sobrietie
           ,
           and
           in
           these
           Methods
           by
           which
           they
           are
           most
           probablie
           recommended
           ,
           and
           in
           order
           to
           be
           redressed
           ,
           without
           Reveange
           ,
           it
           is
           not
           criminal
           .
           In
           this
           Method
           ,
           the
           Proposer
           of
           the
           following
           Articles
           may
           presume
           himself
           sheltred
           ,
           not
           only
           by
           his
           good
           Intentions
           ,
           but
           also
           by
           the
           Nature
           of
           the
           things
           ,
           and
           by
           the
           Judicature
           to
           whom
           he
           humblie
           directs
           his
           Opinion
           ,
           with
           Submission
           to
           either
           Approbation
           or
           Rejection
           :
           Laws
           cannot
           be
           otherwise
           corrected
           then
           by
           the
           Legislative
           Power
           ;
           And
           there
           are
           few
           Laws
           so
           perféct
           ,
           thô
           apparentlie
           expedient
           ,
           when
           they
           were
           constitut
           ,
           that
           yet
           may
           not
           beget
           prejudicial
           Consequences
           ;
           which
           may
           be
           occasioned
           by
           change
           of
           Circumstances
           in
           Persons
           ,
           and
           things
           :
           And
           no
           Example
           can
           better
           verifie
           this
           ,
           than
           that
           of
           the
           Matter
           of
           Monie
           ,
           which
           is
           one
           of
           the
           chief
           Inconveniencies
           mentioned
           in
           the
           following
           Papers
           .
        
         
           One
           of
           the
           great
           Ends
           of
           Parliaments
           ,
           being
           to
           deliver
           the
           People
           from
           Inconveniencies
           ;
           And
           the
           Laws
           ,
           and
           true
           Priviledge
           of
           the
           People
           ,
           allowing
           or
           rather
           requiring
           a
           Discreet
           Freedom
           ,
           in
           discovering
           of
           Publict
           Evils
           ,
           especiallie
           in
           ,
           and
           to
           Parliaments
           ,
           what
           I
           now
           write
           ,
           needs
           no
           Apology
           :
           If
           I
           be
           mistaken
           ,
           I
           shall
           be
           well
           pleased
           ,
           that
           my
           Propositions
           may
           be
           rejected
           .
           But
           if
           I
           shall
           expose
           publict
           Inconveniencies
           ,
           then
           I
           hope
           my
           proposed
           Remedies
           will
           be
           allowed
           ,
           or
           better
           put
           in
           their
           place
           ;
           which
           shall
           
           likeways
           better
           please
           me
           :
           And
           because
           ▪
           when
           such
           Matters
           are
           offered
           in
           Parliament
           ,
           either
           time
           is
           wanting
           for
           Mature
           Consideration
           ,
           or
           else
           it
           is
           bestow'd
           perhaps
           on
           lesser
           Matters
           ,
           if
           they
           be
           proposed
           by
           greater
           Men
           ;
           And
           some
           things
           contained
           in
           these
           Papers
           ,
           may
           be
           weighty
           enough
           ,
           and
           deserve
           more
           Deliberation
           ,
           than
           the
           shortness
           of
           a
           Sederunt
           can
           allow
           .
           And
           several
           things
           ,
           will
           have
           a
           very
           far
           different
           View
           in
           serious
           Reflection
           ,
           from
           what
           they
           had
           in
           a
           hastie
           Glimpse
           :
           Therefore
           I
           have
           Printed
           them
           ,
           and
           Published
           them
           ,
           for
           the
           Use
           of
           these
           Members
           of
           Parliament
           ,
           who
           will
           bestow
           a
           little
           of
           their
           time
           ,
           to
           study
           the
           true
           Causes
           of
           our
           Evils
           ,
           and
           to
           invite
           them
           to
           Redress
           what
           they
           shall
           be
           convinced
           of
           to
           be
           such
           .
        
         
           I
           think
           few
           ,
           if
           any
           ,
           will
           deny
           that
           our
           Nation
           is
           at
           present
           under
           many
           Inconveniencies
           ,
           such
           as
           Profanity
           ,
           Poverty
           ,
           and
           Contempt
           ,
           amongst
           other
           Causes
           of
           the
           first
           ,
           the
           Non-Execution
           of
           Paenal
           Laws
           by
           Inferiour
           Magistrates
           ,
           the
           not
           Alimenting
           of
           the
           Beggars
           ,
           who
           are
           necessarly
           indigent
           ,
           and
           the
           licensing
           of
           many
           Licentious
           ones
           who
           are
           not
           so
           ;
           And
           a
           third
           Cause
           ,
           the
           Vacancy
           of
           Numerous
           Churches
           ,
           and
           their
           long
           Continuance
           in
           that
           State.
           
        
         
           As
           to
           our
           Poverty
           ,
           amongst
           many
           Causes
           I
           hint
           at
           these
           three
           ,
           the
           Baseness
           of
           Current
           Coyn
           ,
           and
           to
           that
           Excess
           that
           it
           were
           sufficient
           to
           depauperat
           the
           Richest
           Kingdom
           in
           Europe
           ,
           in
           proportion
           to
           its
           Product
           and
           Trade
           .
           2do
           .
           Our
           Luxurie
           ,
           unsutable
           to
           our
           Religion
           ,
           and
           unproportionable
           to
           our
           Fortunes
           .
           3tio
           .
           The
           Consumption
           of
           our
           Estates
           Abroad
           and
           not
           at
           Home
           .
        
         
           And
           how
           necessarly
           must
           we
           be
           contemptible
           ,
           whilst
           in
           the
           great
           Concerns
           of
           Peace
           and
           War
           ,
           we
           alwise
           intrude
           Our Selves
           into
           the
           Misfortunes
           of
           England
           ;
           whilst
           they
           never
           allow
           one
           Ray
           of
           their
           Prosperity
           to
           glance
           on
           Us.
           being
           alwayes
           under
           the
           Sinisttruous
           Influence
           of
           their
           State
           ,
           but
           never
           under
           the
           Benign
           ,
        
         
         
           I
           am
           far
           from
           supposing
           or
           intending
           an
           Enumeration
           of
           all
           our
           Evils
           ,
           and
           as
           far
           from
           thinking
           that
           I
           touch
           all
           the
           Causes
           :
           But
           although
           I
           cannot
           do
           much
           ,
           yet
           my
           Dutie
           calls
           to
           do
           apart
           ;
           And
           I
           leave
           the
           greater
           Burdens
           on
           Greater
           Men
           ,
           and
           better
           Heads
           .
           And
           it
           will
           be
           some
           Satisfaction
           to
           me
           ,
           if
           I
           contribute
           in
           the
           least
           to
           any
           Amendment
           ;
           And
           the
           lowest
           of
           my
           Hope
           is
           ,
           that
           what
           was
           undervalued
           by
           some
           ,
           when
           I
           offered
           my
           private
           Thoughts
           on
           prior
           Occasions
           ,
           may
           be
           more
           noticed
           ,
           if
           not
           more
           respected
           by
           the
           Body
           of
           the
           Parliament
           ;
           And
           however
           ,
           
             in
             magnis
             voluisse
             sat
             est
          
           .
        
         
           In
           the
           following
           Papers
           ,
           I
           advance
           my
           Opinion
           for
           some
           Measures
           to
           remove
           Prophanitie
           ,
           by
           planting
           of
           Churches
           :
           And
           where
           that
           is
           neglected
           ,
           thereby
           to
           raise
           a
           Fond
           for
           entertaining
           of
           the
           Poor
           ;
           For
           which
           End
           also
           ,
           I
           offer
           some
           other
           Mediums
           ,
           And
           for
           our
           Povertie
           ,
           I
           expose
           the
           Mischiefs
           of
           our
           Coin
           with
           the
           Remedie
           ,
           and
           offers
           both
           my
           Opinion
           and
           my
           Wish
           ,
           for
           Reforming
           our
           Luxury
           ;
           And
           in
           Order
           thereto
           ,
           to
           direct
           our
           Trade
           to
           its
           profitable
           Subjects
           .
        
         
           If
           they
           be
           not
           digested
           in
           fit
           Method
           and
           Order
           ,
           this
           may
           excuse
           me
           ,
           that
           having
           litlte
           share
           in
           publick
           Trust
           ,
           I
           am
           not
           Debitor
           to
           it
           ,
           in
           so
           much
           time
           ,
           as
           those
           are
           whose
           Province
           does
           oblige
           them
           to
           manage
           it
           :
           And
           I
           hope
           they
           will
           Supply
           all
           my
           Defects
           :
           But
           when
           at
           any
           time
           ,
           what
           I
           have
           write
           ▪
           occur
           to
           my
           Thoughts
           ,
           I
           bestow
           that
           time
           to
           write
           it
           down
           ;
           And
           for
           my
           Goodwill
           ,
           all
           that
           〈◊〉
           require
           ,
           is
           ,
           that
           the
           Reader
           may
           take
           it
           in
           good
           part
           .
        
      
    
     
       
         
         
         
           A
           PROPOSITION
           For
           Remeding
           the
           Debasement
           of
           COYNE
           IN
           SCOTLAND
           .
        
         
           IT
           is
           evident
           that
           the
           Raising
           of
           the
           Denomination
           of
           the
           Standard
           of
           our
           Coyne
           above
           the
           Standard
           of
           England
           ,
           by
           the
           Act
           of
           Parliament
           1686.
           and
           what
           hath
           followed
           on
           the
           said
           Act
           ,
           is
           not
           only
           expresly
           contrair
           to
           the
           Mutual
           Contract
           betwixt
           the
           two
           Kingdoms
           ,
           Anno
           16
           —
           but
           is
           in
           it self
           one
           of
           the
           great
           Causes
           of
           the
           Nations
           Poverty
           ;
           For
           ,
           by
           it
           all
           our
           Goods
           are
           sold
           at
           an
           unperceaved
           Undervalue
           :
           in
           so
           far
           ,
           that
           we
           own
           and
           receave
           the
           English
           Crown
           (
           and
           so
           every
           Species
           of
           their
           Money
           proportionably
           )
           at
           5
           sh
           .
           5
           
             d.
             sterl
          
           .
           which
           is
           8
           ⅓
           more
           than
           its
           Value
           in
           England
           ,
           and
           when
           we
           give
           back
           that
           Crown
           to
           England
           ,
           they
           will
           receave
           it
           only
           at
           5
           sh
           .
           So
           we
           give
           our
           Goods
           for
           8
           ⅓
           less
           than
           we
           are
           aware
           of
           ;
           and
           when
           we
           Buy
           ,
           we
           loose
           8
           ⅓
           of
           what
           
           Money
           we
           pay
           in
           English
           Coyne
           .
           I
           Know
           it's
           thought
           that
           the
           Raising
           of
           the
           English
           Crown
           ,
           &c.
           will
           induce
           People
           to
           bring
           in
           many
           more
           of
           these
           Crowns
           ,
           &c.
           than
           other
           wayes
           they
           would
           do
           ;
           which
           is
           a
           Mistake
           :
           For
           ,
           any
           who
           was
           to
           bring
           in
           13
           of
           these
           Crowns
           ,
           to
           Buy
           Scots
           Goods
           ,
           if
           the
           Crown
           did
           pass
           at
           5
           
             sh
             .
             sterline
          
           ,
           needs
           only
           now
           bring
           12
           of
           them
           ;
           because
           ,
           the
           5
           d.
           rais'd
           on
           each
           one
           ,
           makes
           up
           the
           13
           th
           .
           And
           so
           it
           is
           evident
           it
           occasions
           a
           fewer
           Number
           of
           Crowns
           to
           be
           imported
           .
           And
           if
           it
           be
           said
           ,
           that
           yet
           it
           invites
           People
           to
           bring
           more
           12
           Crowns
           ,
           because
           12
           gain
           1
           to
           them
           ,
           and
           so
           it
           will
           occasion
           more
           of
           our
           Goods
           to
           be
           bought
           .
           This
           Thought
           creeps
           in
           on
           men
           who
           do
           not
           examine
           things
           ;
           for
           ,
           1
           
           o.
           The
           Evidence
           still
           proves
           ,
           that
           in
           Place
           of
           13
           ,
           there
           are
           but
           12
           imported
           .
           2
           
           o.
           It
           proves
           ,
           in
           Place
           of
           5
           sh
           .
           &
           5
           d.
           we
           get
           but
           real
           5
           sh
           ,
           3
           
           o.
           The
           Merchand
           who
           needs
           our
           Goods
           will
           Buy
           what
           he
           needs
           ,
           or
           so
           much
           of
           it
           as
           he
           knows
           of
           Mercat
           for
           ,
           albeit
           his
           Crown
           were
           receaved
           at
           no
           more
           than
           5
           sh
           .
           And
           albeit
           his
           Crown
           were
           taken
           at
           5
           sh
           .
           6
           d.
           He
           will
           buy
           no
           more
           than
           will
           answer
           his
           End
           ,
           and
           suit
           his
           Mercat
           ,
           4
           
           o.
           If
           Money
           be
           raised
           only
           to
           invite
           Merchands
           to
           buy
           greater
           Quantities
           of
           our
           Goods
           ,
           we
           have
           an
           easier
           Medium
           for
           that
           End
           :
           viz.
           to
           Sell
           a
           Crowns
           worth
           at
           4
           sh
           .
           &
           7
           d.
           and
           so
           the
           Merchand
           has
           our
           Goods
           cheaper
           by
           5
           d.
           and
           by
           the
           rais'd
           Crown
           he
           hath
           no
           more
           .
           And
           as
           this
           is
           easier
           ,
           so
           it
           is
           safer
           than
           the
           raising
           of
           Denominations
           ,
           as
           will
           appear
           by
           the
           following
           other
           Mischiefs
           of
           our
           raised
           Standard
           ;
           
             viz
             ▪
          
        
         
           The
           raising
           of
           Money
           ,
           in
           one
           Species
           ,
           hath
           naturalie
           obliged
           us
           to
           raise
           all
           other
           Coins
           proportionablie
           ,
           not
           only
           our
           own
           ,
           but
           all
           Forraign
           Coins
           ;
           So
           that
           now
           ,
           from
           whence
           soever
           Money
           is
           brought
           to
           buy
           our
           Goods
           ,
           they
           
           bring
           in
           8
           ⅓
           less
           Money
           than
           they
           would
           bring
           in
           ,
           were
           our
           Standard
           as
           formerlie
           .
           We
           also
           Sell
           all
           our
           Goods
           to
           every
           Nation
           or
           Person
           at
           8
           ⅓
           less
           than
           they
           payed
           to
           us
           formerly
           ,
           and
           whatever
           We
           buy
           from
           any
           forreign
           Place
           or
           People
           ,
           we
           must
           add
           8
           ⅓
           more
           of
           Money
           to
           ●uy
           it
           than
           we
           did
           formerly
           ;
           For
           as
           was
           demonstrat
           in
           the
           English
           Crown
           ,
           so
           it
           is
           as
           plain
           in
           the
           ordinary
           Dollar
           ,
           for
           who
           formerly
           payed
           at
           58
           
             d.
             Sterl
          
           .
           in
           Cross-Dollars
           or
           Patacoons
           ,
           behoved
           to
           give
           Us
           2
           d.
           to
           make
           up
           the
           58
           d
           :
           But
           now
           he
           payes
           Us
           58.
           and
           keeps
           his
           2
           d.
           to
           himself
           .
           And
           in
           like
           manner
           ,
           he
           who
           payed
           us
           60
           d.
           in
           Bank
           or
           some
           Imperial-Dollars
           ,
           behoved
           to
           give
           Us
           a
           Bank-Dollar
           ,
           and
           2
           d.
           more
           ,
           now
           he
           payes
           us
           60
           d.
           by
           the
           Dollar
           alone
           ,
           and
           keeps
           the
           2
           d.
           So
           in
           Ducatons
           ,
           he
           who
           payed
           us
           74
           d.
           behoved
           to
           add
           4
           d.
           to
           make
           up
           74
           d.
           Now
           the
           bare
           Ducatons
           pays
           74
           d.
           and
           he
           Retains
           4
           d.
           to
           himself
           .
        
         
           And
           as
           we
           loss
           so
           much
           ,
           by
           what
           the
           Importer
           of
           Money
           brings
           in
           ,
           less
           than
           he
           would
           have
           done
           ,
           had
           our
           Standard
           stood
           as
           it
           was
           formerly
           ;
           so
           when
           ever
           we
           pay
           58
           d.
           to
           a
           forreigner
           for
           his
           Goods
           ,
           we
           must
           add
           2
           d.
           to
           the
           Patacoon
           ,
           to
           make
           up
           58
           d.
           When
           we
           pay
           60
           d.
           we
           must
           add
           2
           d.
           to
           the
           Bank-Dollar
           .
           And
           when
           we
           pay
           74
           d.
           to
           a
           forreigner
           ,
           we
           must
           add
           4
           d.
           to
           the
           Ducatoon
           .
        
         
           But
           it
           may
           be
           said
           ,
           we
           will
           raise
           the
           Price
           of
           our
           Native
           Goods
           in
           proportion
           to
           what
           we
           want
           by
           the
           Coyn.
           The
           weakness
           of
           this
           Argument
           will
           appear
           ,
           if
           you
           Reflect
           ,
           that
           in
           the
           first
           place
           ,
           before
           we
           raise
           our
           Goods
           ,
           we
           are
           cheated
           ,
           and
           untill
           their
           price
           rise
           ,
           and
           rise
           from
           this
           cause
           ;
           for
           if
           the
           price
           rise
           by
           other
           causes
           as
           by
           the
           scarsity
           of
           our
           Goods
           in
           other
           places
           ,
           or
           other
           emergent
           causes
           ;
           then
           the
           forreigner
           behoved
           to
           import
           the
           Money
           at
           the
           former
           Standart
           ,
           and
           as
           much
           more
           also
           ,
           as
           our
           Goods
           were
           more
           valued
           abroad
           ,
           than
           formerly
           .
           but
           
           this
           Solution
           refutes
           what
           was
           argued
           before
           for
           raising
           the
           
             Standard
             ,
             viz.
          
           that
           of
           raising
           the
           Denomination
           ,
           people
           were
           invited
           to
           import
           Money
           ,
           for
           if
           he
           must
           still
           pay
           as
           much
           Money
           as
           he
           did
           formerlie
           ,
           what
           Invitation
           does
           He
           get
           ,
           from
           raising
           the
           Denomination
           ?
        
         
           To
           what
           's
           thus
           argued
           against
           raising
           the
           of
           the
           Standart
           ,
           add
           these
           yet
           more
           Weighty
           Arguments
           ;
        
         
           10.
           
           Money
           gives
           no
           more
           abroad
           by
           our
           raising
           its
           Denomination
           ,
           So
           that
           Money
           imployed
           in
           Trade
           by
           Cambion
           ,
           is
           in
           other
           places
           ,
           especiallie
           with
           all
           prudent
           Nations
           ;
           The
           same
           it
           was
           ,
           without
           any
           Alteration
           ,
           by
           our
           raising
           it
           .
        
         
           So
           that
           ,
           as
           less
           is
           brought
           in
           to
           us
           for
           our
           Goods
           ,
           so
           we
           must
           send
           out
           the
           same
           in
           Value
           and
           more
           of
           our
           Denomination
           than
           we
           sent
           out
           formerlie
           .
        
         
           20.
           
           That
           Money
           is
           of
           no
           more
           use
           than
           dead
           uncoyned
           Metal
           ,
           unless
           it
           be
           imployed
           in
           Merchandice
           ,
           Trade
           or
           Cambion
           .
        
         
           30.
           
           When
           I
           sell
           my
           Estate
           at
           20
           Years
           purchase
           payed
           in
           new
           Denomination
           ,
           in
           Order
           to
           Imploy
           it
           ,
           as
           a
           Merchant
           or
           Bankier
           ,
           when
           I
           Transfer
           it
           to
           these
           Uses
           ;
           my
           100
           is
           trulie
           ,
           &
           will
           prove
           to
           be
           ,
           But
           91
           ⅔
           and
           so
           much
           I
           have
           lost
           of
           my
           Heritage
           .
           If
           I
           get
           100
           payed
           me
           of
           my
           Yearlie
           Rent
           ,
           in
           the
           new
           Denomination
           ;
           when
           I
           imploy
           this
           in
           Trade
           or
           Cambion
           ,
           I
           shall
           find
           I
           have
           but
           91
           ⅔
        
         
           40.
           
           The
           King
           ,
           whatever
           he
           gets
           of
           his
           own
           Revenue
           ,
           or
           new
           Taxes
           ,
           Tho'
           he
           get
           100
           from
           the
           Subject
           ,
           and
           what
           is
           trulie
           100
           out
           of
           the
           Subjects
           Estate
           ,
           yet
           to
           any
           use
           for
           buying
           of
           foreign
           Goods
           or
           manageing
           of
           foreign
           Affairs
           ,
           or
           paying
           his
           Forces
           by
           Sea
           or
           Land
           abroad
           ,
           he
           gets
           but
           91
           ⅔
        
         
           50.
           
           And
           which
           demonstrats
           all
           the
           rest
           ,
           to
           all
           ,
           who
           understand
           Trade
           ,
           when
           I
           would
           have
           Money
           to
           do
           my
           business
           in
           Trade
           or
           otherwayes
           in
           
             England
             ,
             Holland
          
           ,
           or
           any
           where
           
           (
           But
           in
           Ireland
           ,
           our
           Neigbours
           in
           Error
           ,
           as
           well
           as
           in
           situation
           )
           I
           desire
           
             Money
             ,
             Ex.
             Gr.
          
           To
           be
           answered
           me
           at
           
             London
             ,
             viz.
          
           100
           lib.
           The
           Bankier
           he
           tels
           me
           ,
           this
           100
           lib.
           which
           you
           give
           me
           here
           ,
           is
           short
           of
           the
           Value
           of
           my
           Money
           at
           London
           8
           ⅓
           of
           the
           100
           ,
           so
           I
           must
           pay
           in
           to
           him
           108
           ⅓
           for
           100
           lib.
           at
           London
           ,
           and
           that
           beside
           the
           Rate
           of
           Exchange
           ,
           or
           other
           Accounts
           ,
           to
           be
           hereafter
           mentioned
           .
        
         
           And
           it
           is
           the
           same
           thing
           ,
           whether
           Money
           be
           raised
           in
           Denomination
           ,
           without
           altering
           ,
           or
           debasing
           the
           Standard
           ,
           or
           to
           keep
           the
           former
           Denomination
           ,
           and
           to
           give
           more
           Allay
           ,
           and
           so
           to
           debase
           the
           Standart
           ,
           or
           to
           give
           the
           same
           Denomination
           to
           a
           lesser
           weight
           of
           the
           Coyne
           .
        
         
           Add
           yet
           to
           these
           Considerations
           ,
           the
           sad
           and
           sensible
           Experiment
           of
           the
           state
           of
           Money
           in
           Scotland
           ,
           which
           hath
           allways
           been
           diminishing
           ,
           and
           the
           Nation
           descending
           insensibly
           toward
           Poverty
           ,
           since
           that
           Aera
           of
           our
           Mistake
           ,
           which
           neither
           written
           Representations
           to
           
             The
             Lords
             of
             the
             Articles
          
           in
           that
           Parliament
           ,
           could
           prevent
           ;
           nor
           printed
           Informations
           since
           ,
           could
           redress
           ,
           doth
           experimentaly
           evince
           to
           our
           shame
           and
           Hurt
           .
        
         
           And
           which
           (
           in
           the
           Proposer's
           humble
           Opinion
           )
           is
           no
           other
           way
           to
           be
           redrest
           ,
           than
           by
           restoring
           our
           Money
           to
           the
           same
           Standard
           ,
           in
           Weight
           and
           Fineness
           ,
           with
           that
           of
           England
           .
        
         
           And
           in
           place
           of
           many
           Arguments
           to
           perswade
           this
           Remedy
           ,
           the
           sole
           Example
           of
           
           England's
           useing
           the
           very
           same
           Cure
           against
           the
           like
           Evil
           ,
           lately
           to
           their
           Honour
           ,
           Profit
           ,
           and
           declaration
           of
           their
           Generosity
           and
           Prudence
           ,
           whereby
           their
           state
           hath
           escaped
           from
           Consumption
           which
           ceded
           to
           no
           other
           cure
           .
           All
           the
           other
           Remedies
           of
           Banks
           ,
           Loans
           and
           such
           like
           Raggends
           of
           wit
           ,
           were
           [
           as
           the
           wonderfull
           Lord
           Burleigh
           in
           Q.
           Elizabeths
           time
           did
           aptly
           name
           them
           ]
           Monte-Bank
           
           Recepts
           for
           State
           Evils
           :
           so
           that
           the
           Reputation
           of
           their
           Coin
           ,
           the
           Credit
           of
           their
           Merchants
           ,
           the
           true
           Par
           of
           their
           Exchange
           ,
           the
           solidity
           of
           their
           estates
           both
           in
           Lands
           and
           Money
           ▪
           are
           establisht
           ;
           and
           if
           after
           their
           Example
           ,
           the
           Loss
           be
           Rationally
           computed
           and
           imposed
           on
           the
           Nation
           in
           general
           ,
           it
           will
           prove
           to
           be
           our
           safty
           from
           greater
           Evils
           ,
           as
           it
           hath
           been
           theirs
           :
           it
           were
           easy
           not
           only
           to
           Prove
           but
           to
           compute
           how
           much
           less
           everie
           one
           will
           pay
           of
           Cess
           imposed
           for
           that
           end
           now
           when
           there
           is
           so
           little
           real
           Cash
           in
           the
           Nation
           ,
           than
           they
           will
           Loose
           if
           the
           Standart
           continue
           in
           it's
           Lowness
           or
           rather
           in
           it's
           Over-value
           (
           which
           on
           the
           matter
           ,
           signifies
           the
           same
           thing
           )
           and
           our
           Mischiefs
           thereby
           increase
           .
        
         
           The
           other
           Consideration
           and
           Proposall
           for
           Remeiding
           of
           the
           swelling
           of
           our
           Exchange
           ,
           and
           Consequently
           the
           Ruine
           of
           all
           our
           Trade
           ,
           by
           Import
           of
           Superfluities
           of
           many
           kinds
           ;
           will
           appear
           more
           particularly
           in
           some
           other
           Proposalls
           hereafter
           :
           Here
           I
           shall
           only
           take
           notice
           ,
           that
           by
           our
           buying
           more
           Superfluous
           goods
           in
           
             London
             ,
             France
             ,
             Holland
          
           and
           other
           places
           ,
           than
           we
           send
           of
           Goods
           thither
           ;
           it
           necessarly
           falls
           out
           ,
           that
           our
           Merchants
           need
           more
           money
           there
           ;
           than
           the
           Merchants
           of
           those
           places
           do
           need
           Here
           ;
           and
           therefore
           wee
           must
           pay
           more
           to
           them
           for
           money
           in
           any
           of
           these
           places
           ,
           than
           they
           will
           give
           to
           us
           for
           money
           here
           ;
           and
           that
           in
           proportion
           ef●…ering
           to
           the
           different
           values
           ,
           'twixt
           what
           We
           Import
           from
           these
           Places
           and
           Export
           to
           them
           ;
           which
           by
           the
           now
           current
           Exchange
           at
           15
           
             per
             Cent
          
           :
           is
           vast
           ;
           and
           enough
           shortly
           to
           drain
           our
           money
           altogether
           from
           us
           ;
           for
           if
           a
           Merchant
           change
           his
           Money
           ,
           Six
           or
           Seven
           times
           ,
           it
           is
           evident
           ,
           that
           ●…e
           most
           Loss
           six
           or
           seven
           times
           the
           Exchange
           ;
           that
           is
           ;
           the
           whole
           stock
           ;
           and
           all
           that
           we
           can
           hope
           for
           supply
           ,
           to
           this
           Wast
           ,
           is
           the
           little
           that
           our
           Highland
           Cows
           ,
           Linnen
           ,
           and
           some
           Salt
           ,
           and
           
           Fish
           Exported
           do
           yeeld
           :
           for
           the
           other
           branch
           of
           our
           Export
           viz.
           Woolen
           Manufacture
           ,
           is
           now
           by
           the
           illegal
           ,
           tho'
           too
           much
           tolerated
           Export
           of
           the
           materiall
           of
           that
           Trade
           ,
           alltogether
           lost
           ,
           to
           the
           Starving
           of
           50000
           Christian
           Work-People
           ,
           and
           to
           little
           gain
           ,
           even
           of
           those
           who
           seem
           to
           reap
           it
           ,
           For
           if
           a
           Ship
           sink
           ,
           a
           close
           Cabine
           will
           sink
           with
           it
           ;
           if
           there
           be
           no
           Money
           in
           the
           Nation
           ,
           these
           who
           gain
           by
           the
           Wool
           of
           their
           Estates
           will
           soon
           loose
           more
           by
           inlack
           of
           their
           other
           Estate
           and
           Species
           of
           their
           Rents
           .
        
         
           To
           evince
           that
           it
           is
           the
           Nations
           Interest
           to
           Imitate
           England
           ,
           in
           their
           Prudent
           measure
           of
           Remeding
           this
           Mortall
           Wound
           ,
           if
           not
           hastily
           Cured
           :
           viz.
           To
           estimate
           what
           Summ
           may
           Pay
           the
           Debasement
           of
           all
           the
           Cash
           now
           in
           Scotland
           ,
           which
           by
           probable
           conjecture
           does
           not
           amount
           to
           300000
           
             lib.
             ster
          
           .
           the
           loss
           whereof
           amounts
           to
           about
           24000
           
             lib.
             ster
             .
             viz.
          
           to
           six
           Moneths
           Cess
           ,
           and
           add
           a
           half
           for
           any
           Fraction
           ,
           and
           to
           defray
           the
           Expence
           of
           the
           Committee
           for
           money
           ,
           is
           in
           all
           27000.
           
             lib.
             ster
             .
             viz.
          
           4
           Months
           and
           a
           halfs
           Cess
           ;
           Now
           ,
           every
           Subject
           looses
           (
           as
           is
           above
           proved
           )
           the
           8
           th
           .
           Part
           of
           his
           Rent
           .
           and
           valueing
           the
           Totall
           Rent
           very
           low
           ,
           viz.
           at
           600000
           
             lib.
             ster
          
           .
           The
           8
           th
           part
           of
           that
           ,
           which
           is
           75000
           
             lib.
             ster
          
           .
           doth
           exceed
           the
           Cess
           by
           8000
           
             lib.
             ster
          
           .
           even
           in
           one
           Year
           :
           but
           in
           two
           Years
           time
           the
           Debasement
           of
           the
           money
           ,
           will
           be
           of
           more
           loss
           to
           every
           Particular
           man
           ,
           than
           thirteen
           Months
           Cess
           :
           And
           besides
           every
           man
           who
           sells
           his
           Lands
           or
           houses
           will
           certainly
           loss
           the
           eight
           part
           of
           the
           stock
           ,
           or
           Price
           of
           the
           Lands
           Sold
           :
           and
           if
           one
           per
           100.
           of
           all
           Annual-Rent
           be
           payed
           in
           ,
           for
           a
           part
           of
           the
           loss
           (
           which
           Money'd
           men
           have
           best
           Reason
           to
           pay
           )
           then
           3
           Months
           Cess
           and
           a
           half
           may
           make
           the
           remedy
           in
           all
           ,
        
         
           FINIS
           .
        
      
    
     
  

