An essay on the coin and commerce of the kingdom trade and treasure (which are twins) being the only supporters thereof next to religion and justice.
About this Item
Title
An essay on the coin and commerce of the kingdom trade and treasure (which are twins) being the only supporters thereof next to religion and justice.
Author
Praed, John.
Publication
London :: printed and published for the consideration of the present and future sessions of Parliament,
1695.
Rights/Permissions
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Subject terms
Coinage -- England -- Early works to 1800.
Great Britain -- Commercial policy -- Early works to 1800.
Link to this Item
http://name.umdl.umich.edu/A55623.0001.001
Cite this Item
"An essay on the coin and commerce of the kingdom trade and treasure (which are twins) being the only supporters thereof next to religion and justice." In the digital collection Early English Books Online 2. https://name.umdl.umich.edu/A55623.0001.001. University of Michigan Library Digital Collections. Accessed June 15, 2024.
Pages
XII.
But I think, it is great pity, that poor innocent People should pay for that guilt, and villainy; whereby many rich Men must have advanced very much Wealth, or no small Gain.* 1.1For it doth not seem very probable, that so much Money should be spent by those poor and mean Wretches, who are commonly discovered to live by this unjust and wicked practice. The Summ is much too big for-them, and one cannot well account, how almost all the Old Silver, that circles round the Nation, should come into those Clippers hands in the compass of a few Years. It must come from such as go up and down, whether in City, or Country, to procure broad Money,* 1.2and from such as sell these
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People broad Money for great gain. And since such great gain must needs have been made by those Mongers and Monopolizers of Money, it would be well if some Ways and Means could be found out to raise some Fund on them, for the recoining the clipp'd and corru∣pted Cash of the Kingdom, which (together with the regulating of Commerce) must be done, with more than Spanish speed, and better policy; or else the whole stock thereof will not be worth a Chip.