An essay on the coyn and credit of England as they stand with respect to its trade by John Cary.
About this Item
- Title
- An essay on the coyn and credit of England as they stand with respect to its trade by John Cary.
- Author
- Cary, John, d. 1720?
- Publication
- Bristol :: Printed by Will. Bonny and sold by the Booksellers of London and Bristol,
- 1696.
- Rights/Permissions
-
To the extent possible under law, the Text Creation Partnership has waived all copyright and related or neighboring rights to this keyboarded and encoded edition of the work described above, according to the terms of the CC0 1.0 Public Domain Dedication (http://creativecommons.org/publicdomain/zero/1.0/). This waiver does not extend to any page images or other supplementary files associated with this work, which may be protected by copyright or other license restrictions. Please go to http://www.textcreationpartnership.org/ for more information.
- Subject terms
- Coinage -- England.
- Credit -- England.
- Monetary policy -- England.
- Link to this Item
-
http://name.umdl.umich.edu/A35196.0001.001
- Cite this Item
-
"An essay on the coyn and credit of England as they stand with respect to its trade by John Cary." In the digital collection Early English Books Online. https://name.umdl.umich.edu/A35196.0001.001. University of Michigan Library Digital Collections. Accessed May 10, 2025.
Pages
Page [unnumbered]
To the Right Honourable, the LORDS Spiritual and Temporal, and to the Honourable the Com∣mons of ENGLAND, in Parliament Assem∣bled.
May it please Your Honours,
I Humbly present You with this little Tract, the Design whereof is to set forth how Useful and Advantageous a Well Setled redit would be to the Nation, which, no∣thing but a Sence of the Calami∣ty we labour under for want of it
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hath made me Undertake; 'Tis a Subject I Confess deserves a better Pen, but seeing it hath lain so long Neglected, I have adventured to of∣fer my Mite towards it; If Your Honours agree it to be Necessary, I doubt not but it may be rendred Practicable; The setling the Coyn of this Kingdom (so happily ef∣fected in your last Sessions) hath given fresh Occasions to our Money Mongers to imploy their Corrupt Wits in finding out new Ways to elude your good Intentions, who since they cannot get Thirty per Cent by
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ping our Old Money, have endea∣voured to get Twenty per Cent by Hoarding up our New, Things equal∣ly prejudicial in themselves; And so far have they already advanced in these their wicked Projects, as to make near so much Difference be∣tween our Money and our Trade; Which Evil, if not speedily prevented, will daily Increase, and like a Le∣prosie over-spread this Nation, so that the very Sence of its being a Crime will wear off, and Time will make it familiar to those, who now seem to startle at it; Dulcis Odor
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Lucri ex re Qualiabet. Nor can a Stop be put thereto so well, as by Esta∣blishing a Credit, large enough to an∣swer all the Occasions of the Nation, both Publick and Private, without which, I humbly Conceive, other Means will prove Ineffectual; I pray God, who is the Fountain of Wisdom, to di∣rect you Councels to his Glory, and the Welfare of this Kingdom.
Your Honours Most Obedient Servant, John Cary.