A proposal to make good the coyn of this kingdom without diminishing the species thereof.
         T. H.
      
       
         
           1695
        
      
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         A43319
         Wing H144
         ESTC R216502
         99828229
         99828229
         32656
         
           
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             A proposal to make good the coyn of this kingdom without diminishing the species thereof.
             T. H.
          
           1 sheet ([1] p.)
           
             s.n.,
             [London? :
             1695]
          
           
             Imprint suggested by Wing.
             Reproduction of the original in the Goldsmiths' Library, University of London.
          
        
      
    
     
       
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         eng
      
       
         
           Coinage -- England -- Early works to 1800.
           Money -- England -- Early works to 1800.
           Lotteries -- England -- Early works to 1800.
        
      
    
     
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           A
           PROPOSAL
           To
           Make
           Good
           the
           Coyn
           of
           this
           Kingdom
           ,
           Without
           Diminishing
           the
           Species
           thereof
           .
        
         
           WHEREAS
           the
           great
           Difficulty
           that
           appears
           in
           bringing
           this
           Matter
           to
           bare
           ,
           proceeds
           from
           the
           Consideration
           ,
           That
           the
           Calling
           in
           all
           the
           
             Clipt
             Money
          
           ,
           (
           being
           so
           general
           )
           will
           occasion
           a
           great
           stop
           in
           Trade
           ,
           the
           Market
           thereby
           not
           able
           to
           be
           Supply'd
           ,
           besides
           the
           many
           further
           Inconveniences
           that
           may
           Naturally
           arise
           :
           YET
           the
           Necessity
           for
           our
           Moneys
           to
           be
           Regulated
           is
           such
           ,
           That
           it
           were
           much
           more
           Eligible
           to
           be
           subject
           to
           the
           hazard
           of
           such
           mischiefs
           ,
           than
           not
           put
           a
           stop
           to
           that
           growing
           evil
           :
           Both
           which
           to
           prevent
           ,
           it
           's
           
             Humbly
             Proposed
          
           as
           an
           expedient
           to
           render
           it
           easy
           and
           practicable
           ,
           as
           followeth
           :
        
         
           THAT
           a
           FUND
           (
           being
           made
           for
           a
           Lottery
           of
           a
           Million
           ,
           or
           more
           ,
           if
           thought
           fit
           ,
           to
           be
           Advanced
           by
           such
           Persons
           only
           as
           shall
           purchase
           their
           Interest
           by
           bringing
           in
           Plate
           ;
           forthwith
           to
           be
           Coined
           before
           the
           
             Clipt
             Money
          
           be
           called
           in
           )
           would
           certainly
           Answer
           in
           lieu
           of
           Ballion
           ,
           to
           give
           an
           immediate
           Supply
           to
           the
           Market
           ,
           keep
           our
           Money
           circulating
           ,
           and
           remove
           all
           Objections
           .
        
         
           THE
           Quantity
           of
           the
           
             Superfluous
             Plate
          
           in
           this
           Kingdom
           is
           so
           considerable
           .
           which
           ,
           together
           with
           the
           Useless
           Plate
           in
           
             Publick
             Houses
          
           ,
           being
           Prohibited
           ,
           it
           's
           not
           to
           be
           doubted
           ,
           but
           One
           Million
           ,
           at
           least
           ,
           would
           be
           soon
           Advanced
           .
        
         
           ESPECIALLY
           when
           we
           consider
           the
           Price
           that
           Plate
           now
           bares
           ,
           and
           how
           desirous
           the
           People
           are
           of
           coming
           into
           another
           Lottery
           ,
           as
           plainly
           appears
           by
           the
           Prizes
           and
           Blanks
           in
           the
           
             Million
             Adventure
          
           ,
           when
           once
           past
           the
           hopes
           of
           another
           Lottery
           ,
           this
           Sessions
           Advanc'd
           from
           Six
           Years
           Purchase
           to
           Seven
           and
           an
           half
           .
        
         
           THE
           Way
           and
           Method
           for
           all
           such
           Persons
           as
           intend
           to
           be
           Proprietors
           in
           this
           Adventure
           is
           Propos'd
           ,
           that
           they
           carry
           their
           Plate
           to
           the
           Mint
           ,
           there
           to
           receive
           Tickets
           according
           to
           the
           Value
           ,
           Accounting
           so
           many
           Ounces
           as
           shall
           be
           proportioned
           to
           a
           Ticket
           ,
           and
           for
           every
           odd
           Sum
           that
           shall
           happen
           over
           and
           above
           ,
           to
           receive
           a
           Note
           for
           the
           same
           ,
           Payable
           at
           a
           certain
           time
           ,
           after
           Coming
           .
        
         
           BUT
           if
           if
           it
           shall
           be
           thought
           fit
           to
           have
           such
           Plate
           brought
           into
           the
           Bank
           ,
           on
           the
           same
           Conditions
           as
           above
           ,
           thence
           to
           be
           Transmitted
           to
           the
           Mint
           ,
           to
           return
           in
           Coin
           ;
           the
           Mint
           will
           be
           greatly
           eas'd
           ,
           considering
           the
           Work
           upon
           their
           hands
           ,
           and
           the
           Money
           made
           much
           more
           Defusive
           .
        
         
           FOR
           the
           Bank
           thereby
           being
           enabled
           to
           answer
           the
           Defficiency
           of
           the
           Mint
           ,
           all
           Persons
           of
           Worth
           and
           Credit
           ,
           that
           shall
           bring
           their
           Money
           to
           be
           Coin'd
           ,
           will
           readily
           take
           Notes
           upon
           the
           Bank
           ,
           for
           what
           shall
           fall
           short
           ,
           which
           being
           for
           their
           ease
           ;
           and
           having
           a
           free
           Credit
           ,
           the
           Million
           in
           Specie
           will
           remain
           in
           the
           Bank
           to
           supply
           the
           Poorer
           sort
           of
           People
           ,
           that
           can
           afford
           no
           Credit
           ,
           having
           no
           more
           than
           bare
           Subsistance
           .
        
         
           SO
           consequently
           ,
           The
           Bank
           will
           supply
           the
           Mint
           ,
           and
           the
           Mint
           be
           able
           to
           supply
           the
           Bank
           before
           Occasion
           :
           Therefore
           no
           possibility
           of
           Stoppage
           in
           Commerce
           ,
           or
           want
           of
           Current
           Money
           .
        
         
           BY
           these
           means
           ,
           not
           only
           the
           present
           Occasion
           is
           answered
           ,
           by
           Facilitating
           the
           Coynage
           of
           all
           the
           Clipt
           Money
           ,
           but
           a
           Million
           in
           Specie
           is
           created
           more
           ;
           without
           which
           ,
           it
           's
           directly
           linking
           a
           Million
           from
           what
           was
           in
           the
           Nation
           before
           ,
           which
           is
           conceiv'd
           can
           hardly
           be
           spared
           at
           this
           time
           .
        
         
           THE
           Proposer
           
             craves
             leave
             further
             to
             Observe
             ,
             that
             considering
             the
             Honourable
             the
          
           House
           of
           Commons
           
             has
             so
             far
             proceeded
             in
             Relation
             to
             the
             Regulating
             this
             intollerable
             Abuse
             ,
             if
             not
             effectually
             Rem●dy'd
             this
             Sessions
             ,
             it
             has
             given
             such
             an
             Alarum
             ,
             that
             ,
             before
             the
             next
             Sessions
             ,
             it
             will
             be
             ,
             in
             a
             mann●●i●●●ssible
             to
             preserve
             any
             one
             piece
             of
             Money
             ,
             that
             is
             now
             of
             Good
             Value
             ,
             from
             receiving
             the
             same
             Injury
             :
             And
             how
             far
             this
             will
             add
             to
             the
             Misfortune
             of
             the
             Nation
             ,
             is
             Humbly
             submitted
             to
             their
             Great
             Wisdom
             .
          
        
         
           By
           
             T.
             H.