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A93779 To the knights, citizens, and burgesses, of the honourable House of Commons now assembled in Parliament. The humble proposals of Captain Anthony Stampe, for regulating the abuses of the curra[] coyns, and for raising the price of money, and plate, within the kingdom of England. Stampe, Anthony. 1690 (1690) Wing S5193; ESTC R225287 6,017 4

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TO THE KNIGHTS CITIZENS and BURGESSES Of the HONOURABLE House of Commons Now Assembled in PARLIAMENT The humble Proposals of Captain Anthony Stampe for Regulating the Abuses of the Curra●● Coyns and for Raising the Price of Money and Plate within the KINGDOM of ENGLAND HERE is humbly presented to this Honourable House such safe and profitable Ways as may supply the Necessity of their Majesties being agreeable to your Honours late Votes To find out such Ways and Means as may perfect your affectionate good Intentions to their Majesties Service and to the accomplishing of what is wanting to make up the gross Sum so much desired The Proposer hath laboured out of his Zeal to the present Government to find out the most acceptable easiest and gratefulest Ways to effect the same and thereupon he humbly offers his Mite into the Scale to turn the Beam to the Advantage of the Publick by raising of several Millions of coyned Money without laying any manner of Burthen upon their Majesties Subjects for it towards defraying the great Charge this Kingdom will be at in their Wars Which he performs by raising the weighty currant Coyn and Plate of this Realm to a higher Value and that too without Damage to the Owners and the Overpulsh thereof accrewing over and above the intrinsick Value of the said raised Money and Plate is to redown unto their Majesties towards the speedy reducing of Ireland and the effectual carrying on their War against France Which ways being put into Practice will keep the weighty Money in this Realm from being further transported and melted down at home and likewise will be the only means to Import Foreign Gold and Silver into Their Majestie Royal Mint to be Coyned into Money And moreover will redress the Complain●s ●f their Subjects from being longer imposed upon by the evil Practices of an innumerable Number of wicked Persons who have defaced and diminished their Majesties currant Coyn both of Gold and Silver in their Clipping Fileing Drilling and Washing of the weighty Money that the greatest art of the running Money is clipped and light which are sufficient Evidences in themselves to prove the Fact and also all the currant Coyns have and are daily counterfeited with base mix'd Mettals some of them mill'd and plated over ringed about to bear the Touch and others double Silver'd and gilt to the cheating of the Receivers All which irregular and insufferable Practices ought to be remeded as being dishonourable to their Majesties and a great Grievance to the Nation For the preventing of the like Abuses for the future and to bring easily and speedily to pass the raising of so vast a Fund as he doubts not of which with humble Submission he conceives may prove by the Authority of this August Assembly an additional Supply to their Majesties Necessities besides it will give a vigorous Life to the now dying Trade and Manufacture of this Kingdom bringing along with it Peace Security and Tranquility at home under their now Majesties most Happy and Auspicious Reign From these weighty needful and pressing Considerations follows his Propositions and Reasons to make good the Sufficiency of his said Proposals I. THat all the currant Money both of Gold and Silver within this Kingdom of England and Dominion of Wales which is not clip'd or defac'd he humbly proposeth may be ordered to be brought into Their Majesties Mint and other places to be appointed through the Realm to receive from thence their Majesties Royal Stamp to be struck upon all the said Money denoting what each of the several Coyns are raised in value to pass currant for in all Payments whatsoever by the Authority of this present Parliament viz. Two Pence to pass for Two Pence Half penny Four Mites Three Pence to pass for Four Pence a quarter of a thirteen-pence-half-Thirteen-pence-half-penny to pass for four-pence-half-Four-pence-half-penny Four Pence to pass for Five Pence Farthing Two Mites four-pence-half-Four-pence-half-penny to pass for Six Pence Six Pence to pass for Eight Pence half a thirteen-pence-half-Thirteen-Pence-half-penny to pass for Nine Pence Nine Pence to pass for Twelve Pence Twelve Pence to pass for One Shilling and Four Pence half a Crown to pass for Three Shillings and Four Pence and a Crown to pass for Six Shillings and Eight Pence In like manner all the Gold Coyn are to be raised viz. A Guinea which now goes for Twenty one Shillings and Six Pence to pass for Twenty Eight Shillings and Eight Pence a half Guinea to pass for Fourteen Shillings and Four Pence an old broad Twenty Shilling piece which now goes without Authority for Twenty three Shillings and Six Pence to pass for Thirty one Shillings and Four Pence the Ten Shilling piece which now goes for Eleven Shillings and nine Pence to pass for Fifteen Shillings and Eight Pence and the Five Shilling piece which now goes for Five Shillings and Ten Pence half Penny to pass for Seven Shillings and the old broad Twenty two Shilling piece which now goes without Authority for Twenty Five Shillings and Six Pence to pass for One Pound Fourteen Shillings and the Eleven Shilling piece to pass for Seventeen Shillings and the Five Shillings and Six Penny piece to pass for Eight Shillings and Six Pence II. That the Owners or bringers in of any one kind of Coyn be it Gold or Silver is to deliver Four into the Mint or other places appointed and to receive out Three of the same kind of Coyn with Their Majesties Stamp struck thereon with their several weights which will then by vertue thereof be made of equal Value to the said Four Pieces More especially the Gold Crown and half Crown pieces are to be weighed and gaged which ways will discover the currant Money from the Counterfeited As for Instance let Four Ninepences be delivered into the Mint c. Which now goes for Three Shillings the bringers in of them are to receive out Three of the same stamped Ninepences which are then to pass at Twelve Pence apiece which said Three are of equal Value to the said Four Le● Four Guineas of Twenty one Shillings and Six Pence a piece be delivered in like manner into any one of the said places which comes to Four Pounds Six Shillings they shall receive out from thence Three Guineas which are so stamped at Twenty Eight Shillings and Eight Pence per piece which exactly comes to Four Pound Six Shillings which said Three Guineas stamped are of equal Value and Worth to the said Four Guineas unstamped This Proportion holds good in all the rest of the said Coyns as Eeight delivered Six to be taken out and so is 16 to 12 20 to 15 32 to 24 40 to 30 400 to 300 8000 to 6000 c. The telling of this raised Money is as easie as the Money now passable III. That Their Majesties would be graciously pleased for the preventing of the future clipping c. of the currant Coyn of this Realm to cause their Royal Proclamation for the crying down of clip'd