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A65922 An account of the proceedings in the House of Commons in relation to the recoining the clipp'd money, and falling the price of guineas together with a particular list of the names of the members consenting and dissenting : in answer to a letter out of the countrey. Wagstaffe, Thomas, 1645-1712. 1696 (1696) Wing W201; ESTC R7420 10,441 29

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they were at length over-rul'd by a Majority which they could not help and had us'd all their endeavours to hinder And it is the highest Injustice in the World to ascribe that to them which they were so far from concurring in that they oppos'd to the last and the utmost Ingratitude for the People to repay them with Hatred only for endeavouring faithfully to serve them tho they were not able to effect it But this arises from two Causes the one is the Station and Circumstances of the Generality of the People they have no opportunities to know the particular Proceedings in Parliament nor means to distinguish between their Faithful Representatives and others for tho the Votes are Printed the Yeas and Noes the Names of the Persons concurring and dissenting are not and the Nation hath no way of knowing that but by particular Information And I confess I have often wonder'd that those Gentlemen who had so signally distinguished themselves in Parliament should hitherto suffer themselves to lie under the common Obloquy and Hatred and not endeavour to remove it by informing the respective Counties Cities and Boroughs of their Honest and Faithful Care to preserve them from those terrible Inconveniencies which they foresaw these Proceedings would inevitably bring upon them Another cause of this sinister and undistinguishing Construction is the Artifice of the Leading Men and the Great Sticklers who having themselves been the Sole Authors of these unhappy Circumstances and at the same time being sensible how very ungrateful and prejudical they are to the People are very industrious to keep the People Hoodwinkt hoping thereby to pass undiscern'd and undistinguish'd in the Crowd and that they may escape well enough so long as they lie in Common and have no particular Mark set upon them nay in good truth some of these are not contented to do all the Mischief themselves but think they have not play'd the whole Game out 'till they have laid the Blame on other Mens Backs and I cannot forbear remarking to you that at this very time in several Cities and Counties perhaps in all these very Men who were the most active forward and made it their Business to bring this dreadful Desolation on the Kingdom are washing their Hands and wiping their Mouths and craftily insinuating into the credulous Multitude that the present Calamities are purely owing to the other Members and that they honest Men are harmless and clear of the whole matter and so think to escape themselves by diverting the Stream of the Peoples Rage on innocent Men and thereby hope to gain too Points both to cover their own Guilts and at the same time to satiate their Revenge by exposing to popular Fury those who would not be as bad as themselves ev'n as Joseph's Mistress attempted his Chastity and then transferred it to him to hide her own Crime and to be reveng'd on him for his Refusal This must be consessed to be a high slight in Politicks but 't is great Pity but it was turned upon them by setting things in a true Light that is by giving a full State of this Matter that the People may know their Friends from their Foes and plainly see whom they are to thank for this consuming Act which hath devoured our Trade and in a short time will swallow up all the Money in the Nation And this leads me to the Third and Last part of your Letter And that is you desire from me an account of the Management of this whole Affair in Parliament and withal you desire me to be very particular and express because you say you have been apt hitherto to err with the Multitude and you think it becomes every honest Man to rectify his Mistakes and to have a right Opinion both of Persons and Things And in order to your entire Satisfaction in this Point I shall First give you the plain Matter of Fact and lay before you a short Abstract of the Progress of this matter in the House of Commons And Secondly I shall give you a List as far as my Memory serves of all the Yeas and Noes that is of all the Persons who consented and who dissented who were for and who against the finking of the Guineas c. whereby you will be fully enabled to judge uprightly of this Matter to translate the Opinion of Persons and Things to their true Obiects and according to the English Proverb To lay the Saddle on the Right Horse As to the First of these when I have repnesented to you the several Steps and Movements of this matter in Parliament and laid them together before you you will have a direct view of the whole you will at once see the Original the Rise Progress and Perfection of it you will easily perceive the Struglings of the Members and how at length the Court Party carry'd it you will see what Overtures have been made to scoure and uphold the People with respect to it and how those have been rejected and in short you will have before you the Methods or in Parliamentary Langnage the Ways and Means whereby the Contrey hath been brought into these desolate Circumstances and then in the Second Place by the particular List you will see by whom Be pleased then to observe that at the opening of the Parliament the King recommended to them the redressing the ill State of the Coin and in pursuance of that Martis 10 Dec. 1695. Colonel Granvil reports from the Committee appointed to consider the State of the Nation several Resolutions relating to the Recoining of Clipt Money and putting a stop to the Currency of it after a certain time which were agreed unto by the House And 14 Dec. an Address was agreed upon to his Majesty pursuant to the said Resolutions and 17 Dec. the Chancellor of the Exchequer Mr. Mountague to whom the said Resolutions were chiefly owing reported the Address and likewise the King's Answer to it That he would issue his Proclamation accordingly with all convenient speed and at the same time Mr. Mountague presents a Bill to the House for regulating the Coinage of the Silver Money But when the Proclamation was issued the Days appointed by it for putting a stop to the Currency of Clipt Money were so sudden and the same done as is said by the Advice of Mr. Mountague contrary to that of the major part of the Council that an immediate Stop and great Difficulties ensued in Trade and Commerce which being represented and every Gentleman sensible of it 31 Dec. they resolved on the morrow to consider in a Committee of the whole House farther of the State of the Coin and for preventing the Stop of Commerce during the Recoining of Clipt Money And after some Debates on several days Jan. 9. Colonel Granvil reports from the Committee of the whole House who were to consider of the State of the Coin several Resolutions very different from the former which were agreed unto by the House and a Bill ordered to