id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
A33407	Clement, Simon.	A Dialogue between a countrey gentleman and a merchant concerning the falling of guinea's wherein the whole agrument relating to our money is discuss'd.	1696.0		.xml	application/xml	7060	155	54	You 'll please to note , Sir , that I had the Caution to say , that it could not rise ( in that sence ) with respect to Forreigners ; and yet I 'll make it as plain to you , that ( excepting a small matter ) silver is not really capable of rising and falling amongst our selves ; for this seeming and nominal Advance upon it was indeed no advance at all , for you must note , that he that bought silver at 7 s. per Ounce , was to pay for 't either in Guinea's at 30 s. ( and in that sort of Payment his Ounce of silver was indeed worth about 7 s. 3 d. ) or in the clipt and counterfeit Money , of which perhaps the true value of what was call'd 7 s. might not be 4 s. but you may assure your self , that none of these Buyers of silver would give a new mill'd Crown and a 6 d. for an ounce of silver , because they know how to throw them into the melting Pot , and bring out above the weight of an ounce ; and this Rule is so certain , that it can never vary more than such a Value , as People will be content to give for silver when they have occasion to transport it , rather than incur the danger of the Law by melting down , or transporting the currant Coin ; and that difference ( when our currant Money was good ) hath rarely been known to be more than 3 d. or 4 d. per Ounce : If you should yet have the least scruple , pray try whether you can by any sort of reasoning perswade your self , that an Ounce of ●nncoyn'd Silver can have more real Value in it than an Ounce of Silver of the same fineness coyn'd into Money , as a late Ingenious Author hath well observed . Gent. But now you 'll readily agree with me , that if the French King should raise the Denomination of his Crown , and cause it to pass among his own People for 4 Livers , we should still esteem it worth no more than 4 s. 6 d. as we did before , because it had nothing added to its former weight of Silver ; so that in reality the true value of Money is only to be reckoned by the weight of the Silver and Gold that it bears , and t is altogether needless for us to trouble our Heads with the nice distinction of extrinsic , intrinsic , and real Value , for it must all be resolv'd into this one Proposition of Weight , every Man's or Nation 's Riches being truly to be measured , according to the more or less weight of Silver which they possess : And that I may give you an infallible Demonstration that silver is only a standard to its self , and as such , is not capable of being rais'd or lower'd with respect to Forreigners :	cache/A33407.xml	txt/A33407.txt
