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england_n edward_n king_n return_v 6,016 5 7.7463 4 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A49842 Observations concerning money and coin and especially those of England Layton, Henry, 1622-1705. 1697 (1697) Wing L755B; Wing O94_CANCELLED; ESTC R43364 50,023 54

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their_o several_a nation_n and_o when_o any_o of_o they_o lighten_v their_o money_n and_o make_v it_o currant_n at_o a_o high_a rate_n than_o the_o usual_a the_o border_a nation_n be_v force_v to_o do_v the_o like_a for_o keep_v their_o own_o coin_n in_o their_o own_o country_n which_o otherwise_o be_v likely_a to_o be_v transport_v into_o those_o part_n or_o place_n where_o the_o money_n be_v lighten_v or_o pass_v at_o a_o high_a account_n and_o consequent_o be_v of_o a_o less_o intrinsic_a worth_n and_o power_n than_o the_o heavy_a or_o low_o rate_v money_n continue_v to_o be_v and_o that_o make_v the_o foreign_a merchant_n desire_v it_o as_o the_o most_o profitable_a commodity_n that_o they_o can_v obtain_v cambden_n remain_n 40._o print_v london_n 1614_o p._n 200._o tell_v we_o the_o saxon_a english_a money_n be_v penny_n each_o weigh_v our_o penny-weigh_a troy_n of_o which_o 20_o go_v to_o a_o ounce_n and_o 12_o ounce_n to_o the_o pound_n of_o their_o money_n which_o be_v 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like_a commodity_n and_o that_o he_o have_v in_o the_o low_a country_n other_o factory_n at_o antwerp_n amsterdam_n rotterdam_n middleburgh_n dort_n or_o other_o place_n for_o the_o reception_n and_o vend_v all_o the_o say_a commodity_n which_o shall_v come_v from_o his_o own_o dominion_n or_o may_v be_v procure_v by_o truck_n and_o tade_n from_o the_o elb._n the_o baltic_a or_o other_o northern_a country_n these_o vend_v in_o the_o low_a country_n for_o ready_a money_n or_o good_a credit_n may_v stop_v a_o great_a part_n of_o our_o leak_n and_o by_o degree_n may_v make_v our_o vessel_n more_o staunch_a and_o steady_a than_o heretofore_o it_o have_v be_v private_a man_n have_v often_o grow_v rich_a by_o the_o gain_n of_o such_o traffic_n but_o if_o the_o king_n make_v but_o his_o own_o of_o it_o he_o will_v be_v satisfy_v by_o save_v 20_o per_fw-la cent_z for_o the_o return_n of_o so_o much_o money_n nay_o and_o if_o he_o lose_v 5_o per_fw-mi cent_z in_o his_o trade_n he_o will_v save_v 15_o per_fw-mi cent_z in_o his_o return_v and_o if_o he_o lose_v 10_o per_fw-mi cent_z or_o 15_o per_fw-mi cent_z in_o the_o trade_n he_o will_v still_o save_v 10_o or_o 5_o per_fw-mi cent_z in_o his_o return_v it_o be_v true_a nihil_fw-la simul_fw-la inventum_fw-la &_o perfectum_fw-la and_o therefore_o man_n ought_v to_o begin_v with_o lesser_a trial_n which_o if_o prosperous_a will_v grow_v to_o more_o perfection_n by_o degree_n and_o if_o this_o or_o a_o like_a proposal_n do_v hit_v divers_a benefit_n may_v arise_v from_o it_o our_o country_n commodity_n may_v thereby_o rise_v in_o their_o value_n it_o may_v give_v employment_n to_o many_o subject_n and_o to_o seaman_n and_o their_o vessel_n it_o may_v cause_v our_o coast_n to_o be_v better_o guard_v for_o protection_n of_o the_o king_n be_v good_n not_o suffer_v our_o man_n of_o war_n to_o fleep_v out_o their_o time_n in_o torbay_n as_o they_o have_v be_v too_o much_o accustom_v to_o do_v but_o put_v they_o in_o active_a guard_n at_o least_o upon_o our_o coast_n so_o long_o as_o the_o season_n of_o the_o summer_n and_o temperate_a weather_n will_v permit_v my_o second_o proposal_n for_o a_o measure_n of_o remedy_n in_o our_o beforementioned_a case_n may_v be_v make_v by_o the_o most_o beneficial_a management_n of_o gold_n and_o guineas_n among_o we_o i_o have_v before_o calculate_v the_o exact_a value_n of_o a_o guinea_n in_o our_o new_a and_o light_a money_n to_o be_v 28_o s._n 6_o d._n this_o guinea_n i_o take_v to_o go_v in_o holland_n at_o the_o rate_n of_o 27_o old_a shilling_n which_o be_v a_o eight_o part_n better_o than_o the_o new_a whence_o those_o 27_o shilling_n be_v 5_o shilling_n at_o least_o better_a than_o our_o 28_o s._n 6_o d._n if_o then_o we_o obtain_v guineas_n here_o at_o the_o rate_n of_o 28_o s._n 6_o d._n and_o put_v they_o off_o in_o holland_n at_o such_o 27_o s._n we_o may_v save_v the_o whole_a 20_o per_fw-la cent_z return_n and_o gain_n beside_o 2_o s._n or_o 3_o s._n in_o every_o guinea_n but_o if_o i_o shall_v count_v with_o mr._n lock_v the_o 20_o per_fw-la cent_z out_o of_o the_o 27_o s._n it_o will_v reduce_v the_o 27_o s._n to_o the_o value_n of_o our_o light_a money_n and_o then_o we_o shall_v buy_v at_o the_o value_n of_o 28_o s._n 6_o d._n and_o sell_v ht_v 27_o s._n by_o this_o mart_n we_o shall_v lose_v but_o 5_o per_fw-mi cent_z and_o that_o will_v save_v we_o 15_o per_fw-mi cent_z of_o our_o 20._o and_o if_o we_o shall_v buy_v at_o 30_o s._n and_o sell_v at_o 27_o s._n it_o be_v a_o loss_n but_o of_o 10_o per_fw-mi cent_z and_o will_v save_v we_o other_o 10._o if_o we_o buy_v at_o 31_o s._n 6_o d._n and_o for_o 27._o we_o shall_v lose_v but_o 15_o per_fw-mi cent_z and_o be_v still_o savour_v of_o 5_o per_fw-la cent._n these_o medium_n i_o leave_v as_o proposal_n to_o be_v well_o consider_v and_o far_o improve_v or_o set_v aside_o by_o put_v better_a proposal_n in_o their_o stead_n and_o not_o by_o let_v the_o matter_n fall_v without_o procure_v some_o redress_n in_o it_o and_o herewith_o shall_v be_v cut_v off_o the_o thread_n of_o this_o discourse_n in_o which_o i_o have_v not_o shun_v or_o forbear_v to_o declare_v to_o my_o country_n the_o true_a and_o whole_a state_n of_o the_o matter_n now_o in_o agitation_n as_o far_o as_o my_o knowledge_n can_v extend_v and_o i_o pray_v god_n to_o give_v it_o a_o success_n suitable_a to_o the_o integrity_n good_a affection_n and_o intention_n of_o the_o writer_n who_o hope_v he_o have_v in_o it_o a_o superior_a assistance_n and_o desire_n there_o may_v be_v render_v to_o the_o only_a great_a fountain_n of_o be_v and_o goodness_n the_o whole_a honour_n and_o glory_n and_o all_o the_o thanks_o praise_n and_o acclamation_n of_o the_o universe_n for_o evermore_o amen_n finis_fw-la