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A31561 To the Honourable, the knights, citizens, and burgesses, in Parliament assembled proposals humbly offered, for passing an act to prevent clipping and counterfeiting of mony [sic]. Chaloner, William. 1694 (1694) Wing C1809; ESTC R224687 6,954 4

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will be at which is but a small trouble and charge when a Man first Sets up his Trade or being once or twice in seven Years But the Coyners use great quantities of these Sheers Flasts c. If it be yet Objected That then the Coyners will Employ Goldsmiths Tin-men Brasiers c. to procure Sheers Flasts c. for them It is Humbly Answered To prevent that there must be kept Books of Record of those that have bought Sheers Flasts c. and if they offer to Buy more than two or three pair in seven Years they shall be questioned and suspected to be Coyers If it be further Objected That they will get private Smiths to make Sheers Flatting-Mills c. or procure them out of the Country It is Humbly Answered These Sheers Flatting-Mills c. are a curious piece of Work So none but those whose Trade chiefly it is can make them and there are not above Eight or Ten that make them in London and but Three or Four in Sheffeild and Burmingham All which easily may be observed by the Keeper and his Deputies all over England whether they make any for the Use of Coyners or not That to detect Thieves as well as prevent Clippers and Coyners buying or selling melted Silver no Person shall buy sell or receive any melted Silver but such only as have a Certificate from the Keeper of the said Seal and to be obtained as aforesaid to certifie they are Goldsmiths Refiners c. and do use melted Silver in their lawful Employments That by this method no Person can deal or Trade in melted Silver but such only as use Silver in their lawful Employments which will in a great measure prevent Transporting of Bullion That there are several Precedents by Act of Parliament for this way of Sealing or Marking which proves very effectual in preventing Cheats in Plate Leather Cloth c. For were it not for the Seal put upon Silver Plate called the Hall Mark there would be as much false Siver as there is false mony for if any false Plate be brought to be Marked it is immediately broke in pieces and if any ill Tann'd Leather is offered to be Sealed or good Leather sold unmarked it is all Forfeited c. In which Sealing and Marking they find no great trouble although it is used in their whole Trade This being but upon three peculiar Tools and but a few of them used in seven Years time so that it will be but little trouble to the Subject That March the 5th 1692. the Masters of the Mint ordered the Proposer hereof to draw up a method that would prevent Clipping and Counterfeiting of mony He therefore drew up these Proposals and sent them to the Warden of the Mint who laid them before the Honourable the Lords Commissioners of His Majesties Treasury and their Lordships were pleased to Refer the same to the Attorney General now Lord Keeper of the Great Seal of England And that all the Persons aforesaid with most of the Company of Goldsmiths and Ironmongers have highly approved hereof Concluding these to be the most effectual means to suppress all Offences of this Nature and prevent such abuses for the future From Eagle-Street in Red-Lyon-Fields Feb. 11th 1694. William Chaloner The Minters have been a great cause of Clipping and false Coyning The Value of the old Mony What value the Mony should be when Recoyn'd How the Mony shall be called in How the Mint stall have a Stock The mony Recoyned with very little trouble or charge When the mony shall be Coyned the Intrinsick worth The Kingdom will lose greatly by any other method but this The Mony may be called in afterwards with little trouble This methed no dishonour to England Mony so Coyn'd will be no hindrance to Trade The Minters cannot Coyn more then allowed by Law They cannot Counterfeit our Mony beyond Sea Impossible for a private Person to Counterfeit Mony Examples to prove that mony cannot be Counterfeited The Standard of our mony The Price of Bullion Silver sometimes dear Merchants get great profit by Coyning The Kingdom much abused by Coyning Our Coyn is melted down to make Plate of The different prices of Bullion is grievous The King should have the profit of Coyning The Coyn should be of a new Standard How Coyning is done None shall keep Tools that are used in Coyning Very little trouble or charge to the Subject To prevent Goldsmiths c. To prevent Smiths To prevent Thieves Clippers and Coyners selling melted Silxer To prevent Transporting of Bullion Precedents for this method Orders of the Masters of the Mint