Selected quad for the lemma: religion_n

Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
religion_n king_n law_n liberty_n 6,707 5 6.5575 4 true
View all documents for the selected quad

Text snippets containing the quad

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

There is 1 snippet containing the selected quad. | View lemmatised text

in Foreign parts will drain from us under which Wars no Pollicies or Advantages of Trade can make us rich and it will be very well for us if our best Industry and Frugality can and do by God's Blessing enable us to subsist under such burthens as neither we norour Fathers have known and we are now very unwilling and somewhat unable to bear and would certainly be intolerable were it not for the visible and inavoidable need of this vast Expence and the Transportation of our Treasure and Money into Foreign Countries We have an old saying viz. Need makes the old Wife trot even when her self and those who see her think she is scarce able to go Durum telum necessitas and those who see us and consider what we do and what we suffer may fairly conclude that we do willingly and of choice prefer our Religion Liberty and Laws before our Peace or Money and all other our Plenty and Happiness of our being in this World and that our late King James was given over by God to make a very ill and disadvantageous choice when he set himself to attack the Nation and oppress them in these three most sensible and vital Principles of their Affection and Government for which if he heartily repent as I verily believe he hath had and still hath very good cause to do I pray God forgive him and forgive the Nation those hard usages which have been put upon him though they seem not greater than the Merit of his Provocations did deserve for the maintainance of our said beloved Principles he was cast out and for the maintainance of them we do and we suffer all that hath hitherto been demanded of us But such demands are to be made as little burthensom as the urgent necessities of Affairs will permit and that appearing to be done with as little Prouling and Corruption of Officers and Instruments as is possible it seems the Nation will be yet willing to bear such an increase of their Charge as for defence of their beloved Principles shal upon apparent necessity be put upon them And thus exhorted I leave them to the guidance and direction of the Divine Insluence Our before examined Author lays a great stress upon the diminution of Wages to Soldiers and Marriners but that may be easily taken off by a moderate and equitable care in making some such addition to their weekly or monthly Wages as the true state of their cases may require considering them not as hoarders but contented with such Money as will reddily go from them at the same rate which they have received it Thus much for our Money of Silver whence I proceed to our Author's Letter concerning Gold and there pag. 1. he says That Silver was then come to 6 s. 2 d. per ounce and then terms the design of lessening the weight of our Money a silly Project He says That in 30 years past there had been Coined in England six Millions of Mill'd Money and yet there is hardly a piece of it now passing amongst us and if we go on to Coin at that weight fineness and value we put our Money into a fit condition for Exportation He and I have before often differed but in this point and period we are fully agreed viz. that the weight and sineness of our Money was the prime cause of the Exportation of it whereby it was quite drained out of our own Country He says The Parliament must take care of Trade and provide that the Ballance of it may be in favour of our selves a thing easie to be set down in words but not one word of direction how this may be done but which had he any knowledge of he ought to have discovered it to them I do not think that by this exhortation he meant make me one of the Commissioners for the regulation of Trade and then by my extraordinary and yet unrevealed Knowledge in Trade you may expect a wonderful improvement in that Mystery But yet says he after all care that can be taken of Trade or any thing else if you do not suppress the price of Guineas all the endeavour will be to no purpose you must needs suppress their value for if you do not there will be no Silver Money in the Nation He sets down p. 2d proportionable values between Gold and Silver that in the Roman times the proportion was as of one to ten one ounce of Gold was equal in value to ten of Silver That in King Edw. the Thirds time it was as of one to eleven he might have added that down to the times of King James I. and his Son King Charles the proportion was as of one to twelve He says That in King Charles the 2d's time the proportion was of little more than of one to fourteen and that now it is grown to be as of one to sixteen Now says he If we Coin our Silver at the old weight and fineness which he says we certainly ought to do but which I say plainly we ought not to do if we respect the benefit or safety of the Kingdom And I say it will be impossible to adjust the Accounts between him and me concerning the rate of Guineas in our Silver Money until we can come to a consent and resolution concerning the very Weight of our Silver Money His Silver Money is computed at the Weight of 3 Ounces and 320 Grains to the lib. of Money and mine to the weight of three Ounces only And this must needs make a very great difference in our Computations concerning the proportion of Value between Gold and Silver He repeats again that 6 s. 2 d. per Ounce was when he wrote the currant price for Silver deny'd in his other Writings He puts a case of Guineas and Silver compar'd in very great Summs Sed dolus versatur universalibus and therefore I will propound a more particular Computation I say then That the weight of a Guinea is 128 Grains in other terms a quarter of an Ounce and 8 odd Grains the quarter Ounce holding 120 Grains to compare these Grains of Gold to the Value of so many of my Grains of Silver I compute that my quarter Ounce or 120 Grains of Silver values 20 s. and the odd 8 Grains value 1 s. ob fere and together they make 21 s. ob then multiply this by 16 which he says is the proportion between Gold and Silver 16 times 21 s. ob make 344 s. and these put into our ordinary count of Money make 1 l. 8 s. 8 d. of which we will strike off 2 d. to adjust my ferè and then there will remain 1 l. 8 s. 6 d. as the true value of a Guinea according to the Weight and Value of our Silver which I have propounded to be accepted He says after If we Coin our Silver of the ancient Weight and Fineness and cut it out into 3 l. 2 s. still the more of it will be Exported and the greater loss he says