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A71218 A true discovery to the commons of England how they have been cheated of almost all the gold and silver coyn of this nation, which hath been, and is daily transported into forraign parts. And how the people of this nation are, and have been abused by light and clipped English money, and the means shewed for the prevention thereof. Humbly presented to the Parliament of the Common-wealth of England. By Thomas Violet a true lover of his countrey. Violet, Thomas, fl. 1634-1662. 1650 (1650) Wing V589; ESTC R218012 34,364 100

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same espied and thereof gave notice to the Treasurer or the States Councel shall have the fourth part 2d. Hen. 6th cap. 12th To the intent that more money be brought into the Mint it is ordained that neither the Master of the Mint not Changer for the time being neither sell no● cause to be sold nor alien to no other use but apply the same wholly to Coyn according to the tenure of the Indenture made betwixt the State and Master of the Mint 4th Hen. 7th cap. 13th Item Where in a Parliament begun and holden at Westminster the 16th of January the 17th of Edw. 4th No person to carry Gold or Silver either in Bullion or Coyn nor Jewels of Gold but such persons as be dispensed with by the Statute of Hen. 4th upon pain of Felonie to be heard and determined as other Felonie is the which Statute to endure from the feast of Easter the 18. of Edw. 4. unto the end of seven years next ensuing Since the which 7 years expired the Gold and Silver Coyn of this Realm hath and daily is conveyed into Flanders Normandy Britany Ireland and other parts beyond the Seas as well by Merchants-strangers as by Denisons to the great impoverishing of the Realm greater is like to be without remedy thereof be hastily provided The King our Sovereign Lord the premises considered by the advice of his Lords Spirituall and Temporall and the Prayers of the Commons in the said Parliament assembled and by the Authority of the same have ordained and enacted and established that the said Statute made in the 16 year of Edw. 4. be and stand a Statute good and effectuall with all the premises in the same observed and kept and put in due execution from the feast of the Purification of our Lady which shall be in the year of our Lord 1489. to endure to the end of 20 years next ensuing 1. Hen. 8. cap. 13. An Act made that whosoever shall carry any Gold or Silver or Jewels out of the Realm shall forfeit double the value the one half to him that shall seize it or therefore sue by action of debt at the Common-Law This Act to endure to the next Parliament 5. And 6. Edw. 6. cap. 19. An act touching the exchange of Gold and Silver that whosoever gives more for Gold and Silver than it is or shall be declared by the Kings Proclamation shall suffer imprisonment by the space of one year and make fine at the Kings pleasure the one moity to his Majesty the other moity to be to the party that seizeth the same or will sue for it by Bill Plaint or Information or otherwise 1. A Proclamation against giving for light Gold more than is currant 21º July 17º Jaci 2. A Proclamation against melting English money 18º Maii. 9º Jaci 3. A Proclamation against buying and selling Gold and Silver at higher prices than the Mint 14º Maii. 1º Jaci 4. A Proclamation against Transporting of Gold 23º Maii. 10º Jaci 5. A Proclamation against profit for Gold and Silver and melting English money for Plate Wast in Gold and Silver 4º Febi 19º Jaci 6. A Proclamation against Transporting Gold and Silver and melting down the currant Coyns of the Natino 25º Maii. 3º Gari From all which Statutes and provisions it may be gathered that the currant money and Bullion of the Nation is the Subjects onely to use between man and man but not to abuse for no man by the Law can buy or sell them by way of Merchandize at higher rates than they are Proclaimed if he do he is finable by the Law he that washeth clippeth or lesseneth the currant Coyns commits Treason He that exports the Treasure of the Nation either in Bullion or currant Coyn being taken loseth them he that melts down the currant Gold or Silver of the Nation for Plate or other Manufactures commits a forfeitute and Transporting of Treasure hath formerly been made Felony as by the severall Statutes and Laws to this purpose appeareth By these and divers other Laws and Statutes our Predecessours have endevoured the retention and preservation of the Coyn and Treasures within this Nation but could hitherto never effect it Nor will these mischiefs ever be stopped till their be Commissions by Act of Parliament according to former presidents when the Nation was defrauded of their Treasure as now it is strictly to enquire of the offendours and bring them to Justice For of late the easie escape of Delinquents for these offences hath given the boldness to offendours to go on and Time the truest Schoolmaster hath taught all ages to know that little penalties could yet never interpose betwixt the Merchant and his profit Whereas this Parliament by their Ordinance 6. of Sept. 1647. did decrie all Clipped Fyled or diminished Money by means whereof great quntities were sold to some Gold-Smiths who have made it a Trade to deal with Receivers of Publick Cashes Grasiers and severall other Persons and insted of melting of these Moneys down some Gold-smiths have issued these Moneys out again in payment whereas at the Tower these Clipped Moneys would make but five shillings the Ounce-Troy these men have vented out these Clipped Moneys to divers il-affected people at five shillings six pence and five shillings eight pence and six shillings the Ounce who have dispersed the said Clipped Moneys so bought from Gold-smiths up and down the Nation again to the great enriching of themselves and defrauding of the good people of this Nation by buying up this Clipped Money since the Ordinance 1647. at the least twenty times over and venting it for currant again which had been helped if there had been but six words put into the Ordinance which was to have required all persons exchanging any Clipt or uncurrant English money with any Gold-smith or others upon forfeiture of double the value to see it cut in two peices or so defaced that it should not be passable after I humbly present this defect of that Ordinance that it may be looked after and amended and I humbly desire that the Act against Transporting Treasure now committed may be enacted with such vigour that the Common-wealth may have the reall benefit and the offenders brought to exemplarie Justice There hath been twenty Millions of Money Coyned within this twenty five years as will appear by the Mint-Books and almost all of it Transported out of the Nation the Gold all gone the currant silver culled out the weightiest melted and transported and that Silver-Moneys which remains is but little and all culled Gold is made as pretious in this Common-wealth as Diamonds What inconveniences will arise by the indirect dealing of private men in this particular to the Common-wealth I shall humbly leave it to you to consider In the year 1643. It was humbly offered to this Parliament to have the offendours discovered and to bring them to Justice and this mischief stopped but by the great Interest of the offendours that had then power in this Nation
the Proposition was slighted and these mischiefs ever since dayly practised to the unspeakable dammage of this Common-wealth for it is far easier to keep the Treasure in the Nation by making strict Laws against Transportation than when it is gon to bring it back as too late experience will make this Common-wealth feel but you have the power to call these offendours to a strict account if you pass the Act fully to enable all people to make their discoveries how and i● what manner other Nations do punis● these offendours you have already presented out of their Placcaets This evil is grown to such a height that both our own Laws put in the strictest execution and the Customs and Laws of other Countries added to them for this particular with the greatest diligence of expert men to make the search for what is past and to prevent these mischiefs for the time to come will be little enough and to make this discovery is a service of more Importance to the Common-wealth than at first sight can be apprehended This is a certain rule no great action in any Common-wealth or State can be done but by Money which all ages have held to be the Sinews of War and Garland of Peace and what occasions we have to use it both for commerce and safety is humbly left to you to consider and in all well regulated States it hath ever been accounted a great service to discover the offendours and abuses practised upon the Treasure of their Nation and to prevent the growth of these mischiefs is the work of every faithfull lover of his Countrey And he or they that shall be against the discovery of these offences and offendours may amongst judicious men be justly suspected to be Parties themselves And though some Merchants and other Interested Persons may for their own Interest either for their profit or fear of Punishment for what they have done speak themselves or get others to oppose the Act against Transporting Treasure to pass the House or procure it to be so altered as it shall not be effectuall to give a full cure to the Common-wealth of the great inconveniences it is now under by severall abuses practised upon Coyn and Bullion To give a cure to the Common-wealth of these great inconveniences and also to take away the great obstructions of your Mint which will never be done till this Act pass and if it were more stricter it would be more beneficial to the Common-wealth especially in these times when you have so many occasions of Money by bringing in presently very great sums of Money to the State by the punishment of the offendours You have here with all humility set down to you the ways and means whereby your neighbour-Countreys use to prevent these mischiefs and to punish the offendours for what is past with several old Statutes of this Nation out of which if you extract the quintessence and make a sharp and vigorous Law and require all your Officers and others to put it in full execution you may in a short time cure this Common-wealth of these dangerous diseases which if you let it go on will prove a Gangrene I humbly beseech you to take notice there hath been within seven years Coyned in ten days more money in the Tower of London than hath been Coyned near upon this three last years now if you suffer Treasure to go out of the Nation every day for want of a Law to give all people power to discover and examine the offendours in a short time you will not have any money left in the Common-wealth for experience in all ages shew that little and slight penalties can never stop some Merchants from their profit so they get to their private they care not what mischiefs the Common-wealth suffers for a Common-wealth without plenty of money looks like a great House unfurnisht and bare Walls is no handsome sight and you will find there will not be money left to pay your just Taxes Customs and Excise and to maintain Trade and commerce if you clear not the obstruction of the Mint and take some effectual course to set i● no work this Act is but a preparation and ground-work to cause your Mint to go and till ●t pass you will never see your Mint flourish for to allow any man to out-give the Mint for Bullion is to shut up the Mint for all men will vent their Treasure where they can have the greatest price not to make a way for the opening of the Mint at this time especially when you have such occasions of Monie I shall humbly leave it to you to consider the inconvenience The Gold-Smiths when they were before the Honourable Committee by their Councellour Mr. Recorder and Mr. Vinstanly being demanded by the Commitee what they could say why an Act should not pass for discovery of such as had Transported the Coyn and Bullion of the Nation did by their Councel and by Sir John Wollaston Alderman Viner and the rest declare their willingness to have the offendours brought to punishment The like they did for all such as Culled or melted down the Currant coyn of this Nation for their own private profit or such as bought up the light Clipped English Money decryed by an Ordinance of Parliament the 6. of Sept. 1647. and did not deface it but contrary to this Ordinance did vent it again into several parts of the Nation and pay it away to the deceit of all the people of the Nation Upon this answer to the Committee it puts me in mind of a custom which is usuall in all mens houses If Glasses be broke or any other mischief done No-body did it But upon a Commission of enquirie many times it is found to be Some-body But to the question that was asked the Gold-Smiths by the Honourable Committee cōcerning buying Gold and Silver above the price of the Mint they pleaded The trade was an ancient Trade that if they were restrained to a Price they and their Families could not subsist that they could not buy Silver but some time the market was ot 5s 1d. 5s 2d. and 5s 3d. and Sir John Wollaston said That he and divers others had given 5s 4d. nay 5s 5d for Sterling-Silver for their trade and for confirmation of the truth of this he did appeal to his Bretheren Alderman Viner and Alderman Nowel and the rest of the Gold-Smiths at the Committee and none of them did denie it Now I shall humbly offer to your consideration First Sterling-Silver will make but 5s in the Mint and it is delivered out of the Mint after it is Coyned at 5s 2d. the Ounce If the Gold-Smiths give 5s 5d. for this Sterling-Silver how can any be brought into the Mint nay how is all the heavy Money Culled and melted down and none left to pass but Light and Clipped And this is the true ground why many Gold-Smiths are Cashers to Merchants and keep servants to receive mens Monies without any reward