The Prose Works of Jonathan Swift, D.D. — Volume 06 eBook

This eBook from the Gutenberg Project consists of approximately 302 pages of information about The Prose Works of Jonathan Swift, D.D. — Volume 06.

The Prose Works of Jonathan Swift, D.D. — Volume 06 eBook

This eBook from the Gutenberg Project consists of approximately 302 pages of information about The Prose Works of Jonathan Swift, D.D. — Volume 06.

4th.  That two shillings and sixpence per pound weight is making the said coin of very small value, the said coin ought not to weigh or exceed two shillings in each pound weight as the English Halfpence are.

5th.  That all such money brought to this Nation manufactured, is to be entered at value, which value is in the Book of Rates, ten per cent duty and excise.

6th.  That no security is given to this Nation to make such money in any one point, the same may be found defective in either, as to baseness of metal, workmanship or weight, or to give gold and silver for the same, when the subject was, or may be burthened therewith.

7th.  That if such monies as aforesaid be permitted to pass in this nation, all persons that have gold or silver by them would not part therewith, but Brass money must be carried from House to House on Truckles, and in the county by carts and horses, with troops to guard them.

8th.  That such money will raise the price of all commodities from abroad, probably to three or four hundred per cent.

9th.  That linen, yarn, beef, butter, tallow, hides and all other commodities, will raise to that degree by being bought with half-pence, and workmen paid with brass money, that commissions from abroad will not reach them, therefore such goods must lie on hands and remain a drugg.

10th.  That the excise of beer, ale, brandy, &c., and hearth-money will be paid in such coin, the same falling first into the hands of the poor and middling people.

11th.  That if any trouble should happen in this nation, no army could be raised with such specie, but an enemy in all appearance would be admitted with their gold and silver, and which would drive the nation before them.

12th.  The Courts of Law could not subsist, for all the suits there must be supported and maintained with ready money.  Viz.  Gold and Silver.

13th.  That all the bankers must shut up their shops, no lodgment would be made except Halfpence, such as would lodge their money with them, would rather draw off and cause a run on them, fearing that their specie should be turned into the said brass and copper money.

14th.  That such bills as are drawn to the country, viz.  Cork, Limerick, Waterford, Kingsale, Deny, &c.  The Exchange would be instead of a quarter per cent, twenty per cent and then paid in the said Brass specie, by means of its being brought on cars, carts, or waggons, and guards to attend the same.

15th.  That all the rent in the Kingdom would be paid in half-pence; no man would give gold or silver, when he had brass money to pay the same.

16th.  That no one can coin or manufacture such a quantity of halfpence or farthings for this Kingdom, out of the same, but either he must be ruined in the undertaking or the nation undone by his project, in taking such light money, by reason of ten per cent, duty, and probably this session be made twenty or thirty per cent duty, and the exchange nine or ten per cent.  Ten per cent abated to circulate them.  Ten per cent factorage, freight, gabberage, key-porters, &c. all which is forty per cent, charged on the same.

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The Prose Works of Jonathan Swift, D.D. — Volume 06 from Project Gutenberg. Public domain.