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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
kingdom_n england_n king_n time_n 11,245 5 3.7746 3 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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time_n of_o augustus_n and_o that_o kymbelines_n own_o image_n be_v stamp_v upon_o the_o coin_n after_o the_o manner_n of_o the_o roman_n concern_v which_o our_o lord_n demand_v who_o image_n and_o superscription_n be_v this_o then_o he_o exhibit_v to_o we_o the_o coin_n of_o arviragus_n and_o galgacus_n british_a king_n in_o the_o time_n of_o the_o emperor_n domitian_n before_o which_o time_n viz._n in_o the_o time_n of_o nero_n agricola_n lieutenant_n of_o nero_n in_o britain_n have_v conquer_a our_o whole_a island_n and_o reduce_v england_n into_o the_o form_n of_o a_o roman_a province_n which_o the_o roman_n hold_v under_o their_o yoke_n and_o dominion_n from_o that_o time_n viz._n about_o anno_fw-la christi_fw-la 60_o until_o the_o reign_n of_o the_o emperor_n honorius_n about_o anno_fw-la christi_fw-la 400._o which_o be_v the_o space_n of_o 340_o year_n during_o all_o which_o time_n it_o appear_v with_o clearness_n our_o predecessor_n the_o britain_n use_v the_o roman_a coin_n 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of_o silver_n in_o each_o piece_n of_o money_n be_v ascertain_v by_o the_o stamp_n it_o bear_v as_o if_o such_o stamp_n of_o authority_n signify_v no_o more_o but_o to_o certify_v the_o people_n that_o such_o a_o piece_n of_o money_n have_v so_o much_o silver_n in_o it_o but_o i_o say_v it_o be_v that_o stamp_n which_o give_v it_o energy_n and_o power_n to_o be_v undeniable_o currant_n in_o england_n and_o to_o be_v repute_v and_o take_v for_o lawful_a money_n of_o this_o kingdom_n by_o all_o the_o subject_n and_o trader_n in_o it_o page_n 23._o say_v the_o only_a way_n to_o bring_v silver_n and_o gold_n into_o the_o mint_n or_o nation_n be_v a_o overbalance_n of_o our_o trade_n i_o say_v the_o set_n of_o a_o high_a esteem_n and_o power_n upon_o they_o by_o english_a authority_n than_o other_o nation_n do_v will_v be_v at_o least_o as_o great_a a_o mean_n of_o bring_v they_o in_o as_o the_o other_o witness_v the_o flood_n of_o guineas_n late_o power_v in_o among_o we_o by_o pass_v they_o at_o a_o high_a esteem_n and_o value_n than_o ordinary_a and_o sudden_a damp_n and_o ebb_n of_o they_o upon_o their_o violent_a and_o impolitic_a debasement_n pag._n 24._o say_v these_o thing_n premise_v he_o will_v now_o come_v to_o argue_v the_o case_n with_o mr._n lownds_o viz._n these_o premise_n pass_v for_o principle_n or_o ground_n in_o the_o disputation_n he_o be_v likely_a to_o prevail_v against_o mr._n lownds_o but_o these_o premise_n or_o principle_n be_v deny_v and_o refute_v sufficient_o will_v it_o seem_v cast_v the_o scale_n and_o overbalance_n on_o the_o other_o side_n he_o say_v silver_n can_v rise_v in_o respect_n of_o itself_o i_o say_v it_o may_v both_o rise_v and_o fall_v in_o respect_n
to_o the_o plenty_n or_o scarceness_n of_o the_o commodity_n or_o mettle_n and_o have_v show_v in_o the_o time_n of_o our_o saxon_a ancestor_n silver_n be_v of_o 7_o time_n the_o value_n of_o what_o it_o now_o bear_v and_o in_o king_n alfred_n time_n of_o 5_o time_n our_o value_n and_o in_o king_n edw._n i._o time_n of_o at_o least_o 3_o time_n our_o value_n viz._n the_o same_o weight_n of_o silver_n in_o the_o first_o time_n will_v have_v buy_v 7_o time_n as_o much_o corn_n or_o cattle_n and_o in_o alfred_n time_n 5_o time_n as_o much_o and_o edw._n i._n time_n above_o 3_o time_n as_o much_o as_o the_o same_o weight_n of_o silver_n can_v buy_v in_o our_o time_n and_o silver_n though_o use_v also_o for_o a_o measure_n be_v itself_o but_o a_o commodity_n and_o like_o all_o other_o commodity_n must_v rise_v and_o fall_v according_a to_o the_o plenty_n and_o scarceness_n of_o it_o pag._n 25._o he_o say_v that_o a_o ounce_n of_o our_o late_a mill_v former_a money_n weigh_v a_o ounce_n and_o a_o quarter_n near_o the_o case_n stand_v thus_o a_o ounce_n troy_n consist_v of_o 480_o grain_n a_o quarter_n of_o which_o be_v 120_o grain_n and_o these_o put_v together_o make_v 600_o grain_n whereas_o the_o say_v mill_v crown-piece_n weigh_v but_o 440_o grain_n the_o shilling_n but_o 88_o grain_n and_o 5_o d._n weigh_v but_o 37_o grain_n these_o 3_o sum_n together_o make_v 565_o grain_n which_o fall_v short_a of_o the_o weight_n of_o a_o ounce_n and_o a_o quarter_n by_o 35_o grain_n this_o seem_v a_o clear_a mistake_n in_o facto_fw-la which_o his_o particle_n now_o seem_v hardly_o large_a enough_o to_o cover_v pag._n 26._o he_o say_v that_o by_o put_v money_n into_o a_o melt_a pot_n one_o may_v for_o a_o penny_n charge_v make_v it_o bullion_n as_o if_o that_o be_v all_o but_o i_o can_v cite_v he_o divers_a statute_n which_o make_v the_o melt_a down_o of_o coin_a money_n a_o great_a and_o punishable_a crime_n he_o hold_v it_o still_o clear_a that_o silver_n consider_v as_o money_n have_v no_o other_o esteem_n but_o for_o its_o quantity_n as_o if_o caesar_n image_n and_o superscription_n be_v nothing_o but_o a_o mark_n and_o token_n what_o weight_n of_o silver_n be_v in_o such_o a_o piece_n but_o i_o think_v that_o have_v be_v sufficient_o refute_v grant_v that_o when_o by_o clip_v the_o coin_n be_v spoil_v it_o be_v not_o then_o money_n or_o current_n and_o must_v have_v ordinary_o no_o other_o estimation_n but_o by_o its_o weight_n and_o as_o a_o common_a commodity_n he_o desire_v to_o be_v tell_v what_o man_n mean_v when_o they_o say_v silver_n or_o gold_n be_v rise_v or_o fall_v and_o i_o refer_v he_o for_o information_n to_o the_o case_n and_o practice_n of_o guineas_n we_o say_v they_o be_v rise_v when_o they_o come_v to_o go_v at_o the_o rate_n and_o esteem_v of_o 30_o s._n and_o we_o now_o find_v they_o cast_v down_o to_o so_o low_a a_o rate_n as_o man_n can_v afford_v to_o sell_v it_o at_o the_o rate_n but_o choose_v rather_o to_o let_v it_o lie_v upon_o their_o hand_n who_o pull_v down_o the_o value_n of_o they_o but_o the_o government_n and_o sure_o they_o who_o pull_v down_o the_o value_n can_v raise_v the_o value_n of_o mettle_n or_o money_n with_o or_o without_o alter_v the_o quantity_n or_o weight_n of_o it_o pag._n 29._o he_o put_v a_o case_n of_o coin_v a_o crown-piece_n into_o 6_o s._n 3_o d._n but_o intend_v to_o save_v that_o labour_n i_o say_v let_v the_o government_n ordain_v such_o a_o crown-piece_n shall_v go_v at_o the_o rate_n or_o value_n of_o 6_o s._n 3_o d._n and_o then_o it_o may_v buy_v such_o a_o ounce_n of_o bullion_n which_o it_o can_v not_o do_v when_o it_o go_v but_o at_o the_o rate_n of_o 5_o s._n here_o but_o then_o those_o who_o transport_v it_o to_o foreign_a place_n make_v 6_o s._n 3_o d._n of_o it_o when_o they_o get_v it_o out_o of_o england_n where_o ignorant_a or_o interest_v man_n be_v please_v to_o set_v a_o low_a rate_n upon_o their_o own_o money_n than_o all_o the_o nation_n round_o about_o they_o do_v and_o it_o be_v that_o pernicious_a fallacy_n which_o i_o desire_v to_o manifest_v and_o to_o my_o small_a power_n to_o rectify_v and_o reform_v he_o call_v a_o change_n of_o value_n by_o the_o government_n a_o change_n of_o the_o denomination_n but_o we_o see_v the_o thing_n to_o be_v more_o than_o so_o we_o call_v guinea_n by_o the_o same_o name_n still_o and_o yet_o by_o act_n of_o state_n their_o value_n have_v receive_v a_o very_a important_a change_n and_o diminution_n and_o if_o in_o nou._n or_o soon_o the_o state_n will_v ordain_v that_o their_o value_n shall_v rise_v immediate_a execution_n will_v follow_v to_o the_o benefit_n of_o the_o kingdom_n court_n and_o army_n for_o who_o gain_n and_o benefit_n by_o a_o mistake_n in_o politic_n the_o great_a alteration_n be_v make_v at_o a_o time_n when_o clip_v money_n be_v forbid_v to_o go_v and_o very_o little_a new_a or_o current_a money_n can_v be_v meet_v withal_o in_o the_o kingdom_n p._n 30._o he_o stand_v upon_o his_o own_o ground_n viz._n that_o the_o value_n and_o quantity_n of_o silver_n viz._n money_n be_v the_o same_o thing_n utter_o deny_v and_o refute_v pag._n 31._o he_o will_v infer_v that_o clip_v money_n do_v not_o go_v like_o unclipped_a only_o for_o its_o defect_n in_o weight_n i_o say_v it_o be_v because_o that_o one_o be_v lawful_a and_o the_o other_o not_o and_o if_o by_o wear_v money_z lose_v as_o much_o as_o by_o clip_v it_o must_v still_o go_v as_o well_o as_o new_a money_n though_o the_o last_o be_v much_o heavy_a pag._n 37._o law_n make_v against_o exportation_n of_o money_n or_o bullion_n will_v be_v all_o in_o vain_a if_o there_o be_v clear_a profit_n to_o be_v get_v by_o it_o he_o deny_v mr._n lownds_o his_o assertion_n viz._n that_o whilst_o we_o continue_v the_o present_a weight_n and_o value_n of_o our_o money_n it_o will_v cause_v the_o melt_a or_o exportation_n of_o it_o till_o we_o shall_v have_v little_a or_o none_o leave_v i_o think_v lownds_n say_v true_a in_o this_o and_o experience_n confirm_v it_o we_o have_v very_o little_o leave_v at_o this_o day_n pag._n 38._o our_o author_n insist_o make_v our_o money_n light_a will_n not_o hinder_v the_o exportation_n of_o one_o ounce_n of_o our_o silver_n i_o say_v it_o will_v hinder_v many_o ounce_n of_o it_o but_o we_o must_v distinguish_v in_o that_o place_n of_o our_o exportation_n it_o will_v not_o hinder_v the_o exportation_n of_o it_o into_o flanders_n for_o the_o payment_n of_o our_o army_n and_o support_v of_o the_o king_n and_o court_n because_o that_o be_v of_o necessity_n and_o will_v require_v money_n of_o one_o sort_n or_o other_o be_v the_o same_o heavy_a or_o light_a but_o the_o lightning_n our_o money_n will_v hinder_v the_o exportation_n of_o it_o to_o other_o place_n by_o make_v it_o rather_o a_o loss_n than_o profit_n to_o those_o who_o shall_v so_o transport_v it_o he_o speak_v of_o have_v more_o money_n in_o flanders_n or_o holland_n than_o we_o have_v occasion_n to_o use_v there_o this_o seem_v a_o absurd_a surmise_n whilst_o we_o have_v such_o tug_n to_o maintain_v in_o those_o country_n pag._n 39_o he_o will_v needs_o attribute_v that_o charge_n and_o loss_n to_o our_o trade_n which_o true_o belong_v to_o the_o charge_n of_o our_o court_n and_o army_n pag._n 47._o he_o speak_v of_o those_o who_o have_v great_a sum_n of_o weighty_a money_n hoard_v up_o by_o they_o partur_fw-la montes_n nascitur_fw-la must_n the_o product_n have_v hitherto_o prove_v very_o small_a which_o make_v the_o consequence_n of_o no_o great_a hope_n but_o be_v like_a to_o pass_v among_o other_o mistake_n in_o politic_n among_o we_o he_o say_v such_o man_n will_v upon_o lightning_n our_o money_n pay_v that_o for_o 5_o s._n which_o they_o receive_v for_o 4_o s._n i_o say_v if_o their_o old_a 4_o s._n weigh_v as_o much_o as_o the_o new_a 5_o s._n there_o be_v no_o wrong_n do_v at_o all_o by_o our_o author_n be_v own_o rule_n for_o here_o the_o 4_o s._n have_v the_o same_o intrinsic_a value_n viz._n weight_n with_o the_o new_a 5_o s._n which_o he_o will_v have_v to_o be_v the_o only_a rule_n in_o money_n and_o so_o there_o can_v be_v no_o gain_n by_o he_o who_o gives_z 4_o heavy_a shilling_n for_o 5_o light_a one_o nor_o a_o real_a loss_n to_o he_o who_o so_o receive_v they_o but_o a_o equal_a market_n between_o they_o both_o pag._n 48._o he_o ask_v who_o shall_v get_v by_o the_o coin_n of_o our_o new_a money_n light_a i_o answer_v the_o intent_n of_o lightning_n our_o money_n be_v not_o to_o make_v a_o profit_n or_o gain_v to_o any_o body_n but_o primely_a or_o only_o to_o keep_v
true_a and_o therefore_o let_v we_o no_o more_o coin_n money_n of_o the_o ancient_a weight_n pag._n 3._o he_o say_v if_o the_o price_n of_o gold_n be_v not_o bring_v down_o we_o can_v keep_v our_o silver_n i_o say_v let_v we_o bring_v down_o the_o weight_n of_o our_o silver_n money_n and_o then_o we_o shall_v keep_v it_o against_o all_o the_o effort_n which_o the_o gold_n can_v make_v upon_o we_o he_o make_v a_o long_a objection_n against_o his_o opinion_n but_o it_o be_v like_o those_o which_o man_n common_o produce_v in_o like_a case_n viz._n a_o very_a weak_a one_o that_o man_n can_v transport_v silver_n because_o it_o be_v forbid_v by_o a_o act_n of_o parliament_n if_o that_o accompanied_z with_o most_o rigorous_a punishment_n can_v have_v serve_v the_o turn_n the_o kingdom_n can_v never_o have_v swarm_v with_o clipper_n and_o coiner_n as_o it_o do_v next_o he_o say_v other_o pretend_v that_o the_o value_n or_o price_n of_o gold_n and_o silver_n be_v rise_v over_o all_o europe_n this_o he_o deny_v and_o say_v it_o be_v absolute_o false_a and_o argue_v the_o case_n from_o many_o topic_n of_o which_o he_o give_v no_o more_o assurance_n than_o his_o own_o assertion_n in_o which_o we_o have_v find_v divers_a mistake_n before_o nor_o seem_v the_o objection_n great_o material_a against_o his_o opinion_n nor_o deserve_v of_o any_o long_a examination_n as_o be_v rather_o amuse_v than_o instructive_a pag._n 4._o he_o say_v again_o silver_n be_v now_o at_o 6_o s._n 2_o d._n the_o ounce_n and_o if_o we_o coin_v new_a money_n to_o be_v currant_n at_o 5_o s._n 2_o d._n the_o ounce_n it_o will_v sink_v into_o the_o melting-pot_n as_o soon_o as_o it_o be_v coin_v and_o then_o pass_v to_o the_o other_o side_n of_o the_o water_n and_o with_o less_o ceremony_n than_o he_o mention_n and_o so_o we_o can_v never_o hope_v to_o have_v any_o plenty_n of_o this_o sort_n of_o new_a money_n and_o i_o say_v the_o truth_n of_o this_o assertion_n be_v so_o evident_a in_o itself_o that_o it_o must_v needs_o pass_v for_o undeniable_a he_o propound_v a_o opinion_n that_o give_v 3_o d._n a_o ounce_n for_o bring_v silver_n into_o the_o mint_n will_v remedy_v this_o but_o he_o reject_v it_o as_o a_o frivolous_a opinion_n to_o think_v that_o to_o gain_v 3_o d._n any_o man_n will_v lose_v 9_o d._n for_o who_o say_v he_o will_v give_v 6_o s._n 2_o d._n a_o ounce_n for_o silver_n and_o then_o bring_v it_o to_o the_o mint_n to_o be_v debase_v by_o the_o coinage_n to_o the_o rate_n and_o value_n of_o 5_o s._n 2_o d._n though_o 3_o d._n be_v allow_v for_o the_o bring_n to_o the_o mint_n i_o say_v that_o herein_o we_o be_v perfect_o agree_v and_o that_o all_o this_o be_v clear_o true_a and_o that_o the_o only_a remedy_n to_o avoid_v these_o apparent_a mischief_n be_v to_o be_v expect_v by_o lightning_n the_o weight_n of_o our_o money_n to_o the_o set_v it_o at_o somewhat_o a_o high_a rate_n than_o bullion_n as_o before_o have_v be_v prove_v and_o will_v both_o bring_v silver_n into_o the_o kingdom_n and_o keep_v it_o there_o when_o it_o be_v coin_v into_o money_n as_o much_o as_o the_o king_n be_v foreign_a necessity_n will_v permit_v next_o he_o say_v there_o be_v no_o way_n to_o sink_v the_o price_n of_o silver_n and_o keep_v our_o money_n when_o coin_v but_o by_o sink_v the_o price_n of_o gold_n i_o answer_v that_o nothing_o that_o england_n can_v do_v be_v able_a to_o alter_v the_o price_n of_o silver_n in_o other_o place_n of_o europe_n from_o whence_o we_o must_v acquire_v and_o obtain_v it_o and_o therefore_o our_o seek_v to_o sink_v it_o will_v be_v a_o vain_a endeavour_n but_o we_o can_v raise_v the_o value_n of_o it_o and_o money_n in_o our_o own_o country_n and_o by_o that_o mean_n draw_v it_o into_o the_o kingdom_n as_o we_o do_v the_o guineas_n and_o keep_v it_o by_o make_v it_o pass_v at_o somewhat_o a_o high_a value_n here_o than_o it_o do_v in_o the_o neighbour_n nation_n and_o this_o i_o conceive_v be_v the_o only_a way_n to_o bring_v silver_n and_o money_n into_o england_n where_o it_o have_v be_v for_o a_o long_a time_n too_o much_o sink_v by_o a_o low_a value_n at_o home_n which_o have_v be_v the_o general_a reason_n of_o transport_v it_o to_o our_o neighbour_n who_o set_v a_o high_a value_n and_o esteem_v upon_o it_o well_o but_o still_o he_o say_v sink_v of_o gold_n at_o home_n will_v sink_v the_o silver_n without_o mention_v his_o reason_n of_o the_o consequence_n or_o the_o manner_n how_o it_o shall_v work_v which_o i_o confess_v pass_v my_o understanding_n and_o beside_o we_o find_v by_o dear_a experience_n that_o he_o be_v very_o much_o mistake_v in_o this_o assertion_n for_o now_o the_o price_n of_o gold_n have_v be_v sink_v very_o low_a among_o we_o for_o the_o space_n of_o two_o month_n or_o more_o and_o what_o effect_n have_v we_o find_v of_o it_o be_v the_o price_n of_o bullion_n sink_v by_o it_o not_o at_o all_o but_o rather_o increase_v what_o then_o why_o it_o have_v drive_v the_o great_a part_n of_o the_o gold_n to_o seek_v a_o new_a settlement_n in_o other_o country_n where_o they_o set_v a_o great_a price_n and_o value_n upon_o it_o a_o guinea_n he_o have_v tell_v we_o go_v at_o the_o rate_n of_o 1_o l._n 7_o s._n in_o holland_n and_o be_v it_o so_o hard_a to_o get_v guineas_n over_o thither_o in_o specie_fw-la that_o those_o who_o have_v they_o will_v rather_o choose_v to_o vent_v they_o here_o at_o 22_o s._n than_o to_o send_v over_o and_o make_v the_o rate_n of_o 27_o s._n of_o they_o or_o pass_v they_o in_o ireland_n at_o 26_o s._n no_o man_n can_v doubt_v but_o the_o set_v this_o low_a rate_n upon_o they_o have_v make_v they_o fly_v into_o foreign_a part_n again_o and_o will_v in_o time_n utter_o banish_v they_o from_o this_o kingdom_n as_o it_o have_v do_v our_o silver_n and_o the_o money_n of_o it_o and_o then_o we_o may_v become_v such_o animal_n as_o his_o sophistry_n pretend_v to_o make_v we_o without_o money_n either_o of_o gold_n or_o silver_n among_o we_o of_o which_o condition_n we_o have_v at_o present_a a_o very_a bitter_a taste_n and_o a_o deep_a sense_n upon_o all_o our_o apprehension_n and_o this_o in_o a_o great_a measure_n have_v be_v the_o true_a and_o sensible_a effect_n of_o our_o state_n follow_v his_o advice_n for_o the_o sink_n of_o guineas_n so_o low_a as_o to_o drive_v the_o use_n of_o they_o from_o among_o we_o at_o a_o time_n when_o clip_v money_n may_v not_o pass_v and_o new_a money_n be_v not_o coin_v to_o any_o degree_n that_o can_v be_v serviceable_a to_o the_o kingdom_n prove_v what_o may_v be_v expect_v in_o future_a from_o our_o reliance_n and_o the_o conduct_n of_o such_o state_n politic_n in_o his_o postscript_n he_o say_v it_o be_v assert_v by_o some_o and_o i_o have_v quote_v he_o for_o one_o of_o those_o assertor_n that_o a_o guinea_n now_o in_o holland_n be_v worth_a 27_o s._n english_a it_o seem_v strange_a he_o do_v not_o tell_v we_o that_o this_o must_v be_v mean_v of_o our_o clip_v shilling_n but_o he_o find_v another_o evasion_n upon_o that_o point_n and_o say_v you_o must_v conceive_v that_o when_o i_o say_v a_o guinea_n there_o be_v worth_a 27_o s._n the_o exchange_n or_o price_n of_o return_n of_o money_n from_o england_n to_o holland_n be_v put_v into_o the_o account_n this_o price_n of_o return_n at_o 20_o per_fw-la cent._n be_v 4_o s._n per_fw-la lib._n but_o say_v he_o this_o 4_o s._n to_o our_o 22_o s._n both_o make_v 26_o s._n but_o neither_o so_o do_v the_o witness_n of_o his_o computation_n agree_v together_o for_o 26_o be_v not_o 27_o but_o the_o truth_n be_v i_o dare_v not_o trust_v he_o any_o long_o upon_o his_o bare_a word_n or_o assertion_n but_o desire_v it_o may_v be_v inquire_v per_fw-la page_n how_o far_o he_o be_v to_o be_v believe_v in_o this_o particular_a in_o which_o we_o may_v be_v soon_o certain_o resolve_v upon_o their_o daily_a experience_n and_o to_o which_o in_o this_o point_n i_o be_o willing_a to_o refer_v myself_o thus_o have_v i_o examine_v our_o author_n book_n and_o two_o letter_n all_o of_o this_o sort_n that_o come_v to_o my_o hand_n of_o his_o write_n without_o omit_v any_o thing_n material_a even_o to_o his_o very_a postscript_n and_o upon_o the_o whole_a i_o find_v a_o great_a inclination_n in_o myself_o to_o conceive_v that_o his_o whole_a progress_n tend_v rather_o to_o the_o promote_a of_o a_o design_n viis_fw-la &_o modis_fw-la than_o to_o a_o sincere_a delivery_n of_o the_o truth_n in_o this_o matter_n i_o have_v before_o observe_v that_o he_o abominate_v the_o injustice_n as_o he_o call_v it_o in_o make_v creditor_n and_o landlord_n take_v