Selected quad for the lemma: money_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
money_n	creditor_n	good_n	sell_v	1,795	5	10.5105	5	true

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A39135	The toutch-stone of mony and commerce: or an expedient for increase of trade mony, and shiping in England. Shewing also how the arrears of the army, and other publique debts, may be forthwith satisfied, without laying more impositions upon the people, or burthen on trade. Together with custome and excise regulated. Wherein is manifest the destruction of trade, by its irregular mannagement at present: with means to prevent the like inconvenience from time to come. By S. E. A lover of his country.	S. E.	1654 (1654)	Wing E41; ESTC R224198	20,809	38

the Mint by so much as the labour of Coynage is less I now propose the means for encrease thereof with advance to Trade and the Publique Revennue That from hence forward the English Shilling may The English shillings to be made less contain in wait but 11d and the Silver to be a penny courser so that 10d in vallue according to the present Standard may futurely be allowed taken and reputed for 12d Sterling and so be Stamped and the standard fixed according to that vallue all other Coyn runing alike in proportion That the Mint in London with others to be erected The Mint to be set going and all Mony new Coyned in the most proper places of England Scotland and Ireland may be set going and all Monyes in the States hands above the vallue of groats the smaler being worn and not considerable to return a profit may be forthwith new Coyned according to that standard and by degrees calling in the old Coyn and paying the owners again with new they allowing for all Clypt and Broken all the Mony in England will without obstruction of Trade be new Coyned into more necessary peeces as ⅔ parts into half Crowns and the other ⅓ into Shillings and Six pences whereof at present there is to great a proportion as being the more troblesome in counting The Spaniard being so expert in this manner of new Coyning his Mony that I have known all the Brass Mony of his Kingdome which cannot be less in number of peeces then 6 times the Sterling Mony in England new Coyned in two moneths time which I here intimate to shew the facility of that which some perhaps may think to be a work of great difficulty But not approving of that cheat in Spain I return to prevent the Cheats that some may also suggest will be practised in England by false Coyning To pr●vent cheats in falce Coynage though for my own part I apprehend need not be feared That it may be ordered upon some penalty that all Mony within London and lines of Communication may be brought into the Guild-Hall or some other safe place within the Citty Or otherwise into some treasury to be appointed in every Parish there to remain as in Banck until new Mony be given in Exchange so that all sums considerable contracted for by Marchants or others may be aswell paid from one to another in Banck as if actually told and delivered the experience Moni●… to be brought into Bank whereof we find continueally practised in Holland Genoway and amongst other Bankers who find both ease and profit thereby and I think would be also of great use in England if here erected And for all petty sums for pocket use it will presently be supplyed by the Monyes first to be issued out of the Mint The like manner of bringing their Monies into a Treasury may be observed in other Citties and places of Commerce and no Monies be suffered to pass in payments but of the new Coyn Provided that any sum of Monies payable at a day certain by persons either of Citty or Country if delivered into the next Bank or Treasury may be held paid and Credit given for so much to the person that of right ought to have it And since I have hinted at a Bank I shall give the manner of it I suppose not known to all persons but worth observation to some A Bank is a Certain number of sufficient men of Credit and Estates joyned together in a sto●k as it 〈◊〉 for keeping several mens Cash in one Treasury and The nature of a Bank letting out imaginary Mony at Interest for 2 ½ or 3 per Cent. to Trades-men or others that agree with them for the same and making payment thereof by assignation passing each mans account from one to another yet paying no monies in so much that if a Marchant or other person want Mony If he have or can but procure credit in Bank he may make as good payment by assignment in Bank without it As for Example the said Marchant buyes Cloath of a Cloathier for 100 lb. value more or less and goes with him to the Bank where he is debtor for so much monies as he takes up and the Clothier is made Creditor for so much as he sold his goods for to the said Marchant Then such Clothier having occasion to pay Mony to a Stapler or Wool-monger for Wool bought the said Clothier is made Debtor and the Wool-monger Creditor upon account the said Wool-monger buys Wool of a Country Farmer for so much Mony more or less so the Wool-monger is made Debtor and the Farmer Creditor the Farmer must pay Rent to his Landlord and is likewise made Debtor and his Landlord Creditor the said Landlord for his occasions buys good of a Mercer Grocer Vintner or the like or from all then he is made Debtor and such Mercer or other Trades-man Creditor then peradventure such Mercer or other Trads-man buyes goods from the same Marchants that took up the first Credit in Bank and stands yet Debtor there but upon sale of his goods to the Mercer or other Trads-man both clears their accounts in Bank and so in all Trads as occasion presents which is practised in many places as aforesaid and is of very great use and advantadge to Trade the payment made therein being generally esteemed better by ½ per Cent. then out of Bank as preventing troble and the receiving Clipt or bad Mony but being already published at large in Mr Lambs description thereof a Book writen by Mr. Lamb who is worthy of incouragement therein I shall not stay longer hereon but return to my purpose That to prevent the melting down of any Coyn by Gold-Smiths or others to the prejudice of the State and To prevent the melting down of Plate decrease of Monies An Impossition of 12d upon every ounce of Silver and the like proportionably upon Gold may be laid upon all Plate already wrought and to be wrought into any form for use other then the Mint aswell in the hands of Gold-Smiths as other persons whatsoever and an Office to be appointed in London and each respective County of England for the same to be paid upon penalty of forfeiture and to receive in testimony thereof some stamp of the Office and accordingly to be regestred Alwaies provided that such as will bring in wrought Plate to the Mint may be allowed to Coyn it upon like terms as at present That all Gold may be Coyned alike in proportion New Coynage of Gold regard being had to its current value which now runs higher then Silver by 2sh in the pound so that out of every 20sh peece of Gold will be taken the waight of 5sh 4d to make its parrity or quallity equal with that Standard That the superfluous wearing of Silver and Gold Lace Buttons c. may be prevented by good To prevent the waring of Silver Lace example given of some other more