Selected quad for the lemma: kingdom_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
kingdom_n	good_a	people_n	time_n	1,769	5	3.1061	3	false

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A70269	The alteration of the coyn, with a feasible method to do it most humbly proposed to both houses of Parliament. To which is annexed, a projection, or scheem of reasonable terms, for establishing a firm and general peace in Europe. / By Thomas Houghton, of Lyme-Street, Gent.	Houghton, Thomas, Gent.; Houghton, Thomas, Gent. Europe's glory.	1695 (1695)	Wing H2923A; ESTC R20595	29,306	52

is and will be Destructive to the Coyn of the Kingdom which all People hope and believe You will do all You can to prevent and more-especially since His Majesty hath been Graciously Pleased to Recommend the Care thereof to You in His SPEECH Fourteenthly So that the first Step to Prevent the Turning of New Money into Plate and to Preserve it from being melted down and Exported under the Name of Foreign Bullion will be to Enact THAT all Bullion or Pieces of Eight Imported from and after the First Day of next Ensuing being equal to Standard Silver and no better shall always be Valued Eight Grains in the Ounce under the Price the New Money when Coyned shall be Rated at And if the Bullion or Dollars Imported be finer than the Standard Silver or Coyn of this Kingdom then to be Valued proportionably above the Price of New Money according as the Fineness thereof may deserve always allowing Eight Grains for the Difference of Standard Bullion or Dollars and Standard Coyn and from thence to compute what the Finer Dollars or Bullion are worth For when the Silver-Smiths find they can have Standard Bullion Eight Grains in an Ounce cheaper than they can have New Money which is Standard they will work upon Bullion and leave the Money the Bullion being cheaper by about Eleven Shillings at Thirty Two Pounds Ten Shillings than the New Coyned Money will be provided You Rate it when Coyned at the Price hereafter-mentioned which Price will be absolutely necessary to Fix it at if You think to Preserve it from being melted down and sent to those Hungry Countries that so much Want and Desire it and who and where those are is before recited From hence it appears if what is above-said may be Enacted The First of these Mischiefs will be totally taken away that is The Turning of New Money into Plate by the Silver-Smiths for In-land Use The Second Mischief is The Melting of it down for Foreign Use which being also removed or prevented the Money will remain in the Kingdom when New Coyned in its Species without Alteration To accomplish which it will also be necessary to rate it so that the Price may conduce to Preserve it from being Melted down and Transported otherwise it will be better to let it alone and to remain in the Condition it now is than to Alter it if effectual Care be not taken to Keep it when Altered so that before I mention that Price which I judge convenient to set upon the Money when New Coyned be pleased to consider It is unreasonable for any to think or believe That the Estates of the Landed Men in England and Wales should make good the Damage or Loss of the Moneyed Men that will arise by the Clipt and Counterfeit Money And it will be difficult to find Ways and Means or a sufficient Fund in these times to make good the Counterfeit and Clipt Money without affecting or as I may say squeezing the Landed Men with more than they can possibly bear of this Burthen So that when all Circumstances are well considered with the Loss and Damage the Nation must sustain by the Clipt and Counterfeit Money which being reckoned together cannot be thought less than Forty Five Pounds per Cent. to supply which if there be Six Millions of Money in the Kingdom there will go Two Millions and Nine Hundred Thousand Pounds to make them good which Sum besides all the present Cares and other Impositions that must be further raised for carrying on the Wars is too great a Charge for the People to bear at one and the same time especially when the Money is calling in So that in all Humility I Humbly Propose That the Money may at present bear the greatest Part of its own Damage by Raising it in the Value when New Coyned Thirty Pounds per Cent during His Majesty's Pleasure or so long as the Wars continue whereby the People will be made easie and freed from most of their Damage at present by that which is Clipt and Counterfeit and the Money when New Coyn'd will by this means in a great Measure be prevented from being Melted down and Sent Abroad which certainly will be done if any lesser Price be set upon it for as You have before heard and as Experience hath plainly prov'd there are so many high Bidders abroad for it that Six Shillings and Six Pence an Ounce will scarcely preserve it from them And if the Wars continue Two Years longer I am of Opinion You will certainly find they will give Seven Shillings an Ounce for it before they will be without it So that to call the Money in and to suffer Forty Five Pounds per Cent. Damage by it and when New Coyned to Value it at a lesser Price by Twenty Pounds per Cent. than the Foreigners now bid for it who would gladly give Twenty Pounds per Cent. above Standard Price to have it I say to Value it thus is the ready way to serve and uphold them and an infallible way to pull down and impoverish our Selves which the whole Nation believes You in Your Great Wisdom will take Care to prevent Fifteenthly And whereas a Five Shilling Piece of the late Mill'd Money weigh'd or ought to have weigh'd Four Hundred Sixty Four Grains and an half yet there is not One in Ten scarcely weighs above Four Hundred Sixty Two Grains which is Nineteen Penny Weight and Six Grains Therefore I Propose That a Piece of the same Weight and Fineness may be rated and pass at Six Shillings and Six Pence which is Thirty per Cent. more than it went for before and that a Piece of the same Weight and Fineness as the late New Half-Crown was may pass for Three Shillings and Three Pence and the Shilling for Nineteen Pence Half-Penny and the Six-Pence to contain Forty Five Grains and an half For without this Advance upon the Money when New Coyn'd it will be Melted down and Shipp'd off for the Reasons aforesaid If this Method be taken then the Coyn remains in the Weight and Purity it was in before and if there should happen to be Plenty of Silver at any time hereafter You may then reduce it without Calling it in or Altering the Form according as You find we are then supply'd with Plenty of Bullion either to the present Value or what You think fit But if it be Allay'd any thing considerably with Base Metal then it will be subject to be Counterfeited and there may be to the Value of Six Pence or Eight Pence of Base Metal put in a Crown Piece more than the Allay there ought to be and will not be distinguished unless by such who are well Skill'd in Money which Opportunity the Counterfeit Coyners would be glad of Eight Pence in a Crown Piece being Encouragement enough to set them on Coyning For which Reason I do not approve of Allaying the Coyn or Lessening the Fineness thereof by any Means Sixteenthly THAT after the First

THE ALTERATION OF THE COYN WITH A Feasible Method TO DO IT Most Humbly PROPOSED to Both Houses of PARLIAMENT To which is ANNEXED A PROJECTION or SCHEEM of Reasonable Terms for Establishing a Firm and General Peace in Europe By Thomas Houghton of Lyme-street Gent. LONDON Printed for the AUTHOUR 1695. THE Alteration of the Coyn Most Humbly Proposed to Both Houses of Parliament Most Great and Prudent Senators YOU cannot but be very sensible of the deplorable Misfortune Your Selves and the People of this Nation are under by the Clipt and Counterfeit Money of this Kingdom the Good Money which is now left being so small and little in Substance that 't is scarcely to be known and distinguished from the Bad and Counterfeit except it be by such who are daily Receivers and Payers of Sums of Money for 't is every Day more and more manifest That there are abundance of Rich as well as Poor People extreamly Cheated who not being able to know Good and Bad Money asunder are great Sufferers by it which too frequently falls amongst the Poor to their great Grief and Trouble with whose Clamours and Complaints the whole Nation rings the Distemper and Infection being as it were Epidemical and universally spread through the Nation so that every one is ready to cry Lord have Mercy upon us It is therefore reasonable to believe You will All unanimously grant That there is an absolute Necessity to alter the Coyn and that You will consider and think upon some proper Way or Method this Sessions of Parliament to amend this overgrown Mischief which if not speedily prevented will in a little time sink the Nation to a low degree The real and true Silver Coyn being thus shamefully Clipp'd and the Mill'd Money Melted down and carried off there is little left to Trade with but such that is Counterfeit or half Clipp'd away which creates so much difficulty in Paying and Receiving that Business is found to be a Burthen and Paying and Receiving of Money become the greatest Perplexity of the People so that all Persons hope and believe it will be Your Care with all the Expedition that may be to VOTE The Alteration of the Coyn and to use Your Endeavours that it may be Alter'd and new Regulated which may happily prevent many Disorders that may otherwise fall amongst Multitudes of People in this Kingdom and that You will do it in this juncture of Time by such Ways and Methods as will be least Burthensome to the KING and all degrees of his Subjects considering the great Taxes and Impositions that are to be Paid for Carrying on the Wars till an Honourable and Lasting PEACE can be procured which Taxes and Impositions will be difficultly raised upon the Calling in the Money unless the People find Yours and His Majesty's Favour in Regulating and Valuing the Coyn and fixing a certain Price upon Guinneas And in what point that Favour for Indulging the People doth consist is in the following Paragraphs further exprest So that before I come to set forth any of those Ways and Methods for Altering the COYN and Favouring the People it may not be amiss to say something concerning the Encrease and Production of SILVER and GOLD how and by who they have been procur'd when and from whence brought to this degree in Quantity as they are now found to be in EUROPE IT is therefore to be understood and I doubt not but all People will grant That SILVER and GOLD are the Hinges upon which all Trade and Commerce moves in the most Flourishing Kingdoms on the Earth and those Nations and Kingdoms that abound with the greatest Plenty thereof are by all other Trading Nations most frequented with their Goods in Order to obtain them knowing them to be the most necessary and lasting Instruments to procure all things that are or shall be found useful or any ways serviceable to Mankind being Portable and Durable when most other Goods are Burthensome subject to Perish and Decay Experience having proved This in all Times and Places makes Silver and Gold the more coveted and desired for every Nation as they abound therewith are more or less able to carry on Foreign Trades to make Improvements at Home or Abroad to build Ships and fit out Fleets to Sea to maintain Wars or to do and execute any other Thing or Things that requires Labour or Expence all Nations as well as private Persons driving their Trades according to the Proportion of Silver and Gold they have whereby to procure Goods to Trade with IT is also to be considered That the Trades of EUROPE especially those of the English and Dutch are an Hundred times greater now than they were Two Hundred and Twenty Years since for where there was One Thousand Pounds worth of Goods imported or exported by either of them in those times there is an Hundred Thousand Pounds worth imported and exported by Both of them now The principle and chief Reason of This hath been the Discoveries of GUINEY and AMERICA for to them the Improvement of all Trade in and to most Parts of the Earth is chiefly owing They having furnished Silver and Gold whose Circulation hath procured Goods not only for EUROPE but for AFRICA and ASIA many Parts of EAST-INDIA having been supply'd since their Discoveries with great Quantities of Money and Silver both Cony'd and Uncoyn'd and especially with Dollars or Pieces of Eight by the English Dutch French Portuguiese and Spaniards for although Silver and Gold be inanimate nevertheless they have like a grateful Of-spring plentifully supply'd AFRICA and AMERICA again with all necessary and serviceable Things there wanted for Humane Use in Return thereof So that it may be necessary for the Information of some People to shew how Gold and Silver have of late Years been expanded or spread abroad in the World and by who and from whence they came and when they begun to have this commanding Power and Influence upon Trade as well as upon Mankind IN the Year 1471. The Portuguiese discovered and found the Gold Coast of GUINEY from whence they brought some Quantities of Gold near the Value of Ten Thousand Pounds per Annum before which time there was but very little of Silver Coyn in ENGLAND HOLLAND or FRANCE and but small Quantities of Gold in EUROPE in Comparison to what there is now so that since the Portuguiese discovered those Parts of AFRICA they have had some Settlements there and a Trade with the Natives and have brought sometimes greater or lesser Quantities of Gold from thence into EUROPE IN the Year 1492. Christopher Columbus a Man Born at Genoa being Fifty Years of Age first found some Parts of AMERICA and amongst them the Island of Hispaniola from whence some Gold was brought to Spain to the Value of 200000 Ducats per Annum which is 22222 l. and 18 s. valuing the Ducat as formerly it was at 9 s. And after the Discovery of Hispaniola and the Adjacent Islands the said Columbus with

Expressions of such People as neither know nor consider what Use or Occasion all the North-East Parts of Europe have for our Cloathing in these times such Persons never thinking what Consumption and Expence there is of them in Holland Flanders Germany Poland Russia Sweedland Norway Hamborough and Denmark if they did they might see or understand there hath been no more Bought than what there is present Demand and Occasion for and so 't will be found they 'll be as ready to Buy the next Year as they have been this especially if they could hear of the Fall of your Goods and the Price of Guinneas Another sort of People are so Ignorant to affirm by our taking their Guinneas at high Prices they have drain'd us of our Goods I wonder at the Weakness of such People and tell them at this Day there is in England in the Oars of Tin and Lead and in those Morals ready made in Wool and the Woolen Manufactures ready wrought up above the Value of Two Millions in Pounds Sterling all which we are ready to part with for good Prices and should be either glad of more Gold or Silver for them Knowing very well we can soon make as many more But I desire such Persons to consider and understand It is not Holland Hamborough nor any Part of Europe that is in a Condition or can and will spare or part with One Million of Guinneas or the Value thereof in other Gold in these times unless we English will sell them our Goods for little or nothing as we have done of late Years and then doubtless they 'd be ready to purchase them Is there any thing more fresh in Memory than what the People of this Kingdom have suffered for Six Years last past during all which time the Manufactures and Goods of our Product as Lead Tin all sorts of Cloathing c. have been at such low Prices that many Thousands of Families could scarcely get Bread nay Multitudes have been forc'd to go a Begging and leave their Habitations because those that had Stocks of Money and used to Imploy them cast them off in regard they could get nothing by their Labour when they had Wrought it up by reason of the low Price of our Goods Did not this Discourage the Undertakers for Imploying them upon which many have been frequently heard say lamenting their Condition What should I Work for My Work affords me nothing when I have made it Can this be thought any thing but a dismal and deplorable State of the People and since those times are grown better by the Advance of Guinneas which occasioned this Rise of Goods is it not necessary to keep Both up whereby to prevent the People from Groaning under that Burthen again What better can any Person be by Lowering the Price of Guinneas which have done so much Good I am sure there are few if any in England that will be Gainers by their Fall but 't is certain Abundance would be very great Losers if their Price should come lower And You may conclude The Foreigners desire nothing more than the Fall of Guinneas here whereby they might have an Opportunity to compass them and then they doubt not but to bring down the Price of our Goods again and so free themselves from Bearing any Part of our Charges of the War Therefore I will lay down this for a Maxim Whilst such Goods of our own Growth carry a high Price as are Exported for Foreign Vse all Parts of the Earth where-ever they are used contribute towards our Charges of the War and when such Goods are low here we only bear the Burthen and the Foreigners have the Advantage thereof Therefore What Prudence can there be in Lowering the Price of Guinneas which have caused so much Good If Guinneas fall the Price of Goods go down and then You will hear of fresh Complaints from these People and Places following who for Six Years past have labour'd under very great Difficulties and a Multitude more in England besides these whose Number is not a few In the County of Cornwall there may be Imployed in the Tin-Mines and such as have a Dependance upon them for their Livings one way or another about 30000 People And upon Lead-Mines in the Counties of Somerset Cardigan Montgomery Denby Flint Shrewsbury Derby York Westmoreland Cumberland Northumberland and Durham about 120000. In all Sorts of Woolen Manufactures and Cloathing Trade in the Counties of England and Wales at least 1500000. Making in all 1650000. Working People who if Guinneas fall and the Price of Goods go down at a time when the Money 's Call'd in and they Charg'd with further Taxes than they have been which together with their then Want of Credit added to to the Loss by Clipt and Counterfeit Money will render them inclinable to reckon themselves like so many Victims Sacrific'd by Oppression and thereby appear both Unable and Unwilling to Pay their Proportions of their Taxes So that with Submission in all Humility I Humbly offer it as my Opinion for the Good of the People That Guinneas be Establish'd at Thirty Shillings during the Time of the War or till there is greater Plenty of Silver and good Money abroad in the Nation which will add very much to make the People easie and enable them to Pay their Taxes chearfully and also conduce to the Keeping up the Prices of such Goods as are fit for Foreign Vse whereby our Exports will over-balance our Imports and in a little time remove that great Mischief and Damage there is at present by the Exchange of Money which Loss hath insensibly stol'n upon us by Reason of the low Price our Goods have Sold at for some Years past For Example Suppose my Correspondent at Amsterdam in May last sent me One Hundred Pounds Weight of Cloves at Four Shillings a Pound which cometh to Twenty Pounds and ordered me to Return him Two Fodders of Lead by the same Ships which being very low at Nine Pounds a Fodder came to Eighteen Pounds so I became Forty Shillings indebted to him by reason of the low Price of the Lead which if it had been at Eleven Pounds a Fodder as it hath been since the Rise of Guinneas he must have allow'd me Twenty Two Pounds for my Lead and then he would have been Forty Shillings Indebted to me and so my Export had over-balanc'd my Import This hath been the unhappy Circumstance we have lain under for several Years past in all Goods which if this Sessions of Parliament would be pleased to consider and think upon some Expedient to Remedy this Mischief it would alter the Exchange and cause a considerable Advantage to the English To Accomplish which I shall offer my Opinion as followeth It is very well known The Danes Sweeds Norwegians Bremors Hamburghers Hollanders and Flemmings can fetch our Goods from Yarmouth Boston Hull Stockton and Newcastle and carry them into any of their Countries as Cheap as we can bring them from