and has so much by the
pound for every pound that is coyned to find a constant supply of dyes)
to an engine above, which is moveable by a screw, which is pulled by
men; and then a piece being clapped by one sitting below between the two
dyes, when they meet the impression is set, and then the man with his
finger strikes off the piece and claps another in, and then the other
men they pull again and that is marked, and then another and another
with great speed. They say that this way is more charge to the King than
the old way, but it is neater, freer from clipping or counterfeiting,
the putting of the words upon the edges being not to be done (though
counterfeited) without an engine of the charge and noise that no
counterfeit will be at or venture upon, and it employs as many men as
the old and speedier. They now coyne between L16 and L24,000 in a week.
At dinner they did discourse very finely to us of the probability that
there is a vast deal of money hid in the land, from this:--that in King
Charles's time there was near ten millions of money coyned, besides what
was then in being of King James's and Queene Elizabeth's, of which there
is a good deal at this day in being. Next, that there was but L750,000
coyned of the Harp and Crosse money,
[The Commonwealth coins (stamped with the cross and harp, and the
inscription, "The Commonwealth of England") were called in by
proclamation, September, 1660, and when brought to the Mint an equal
amount of lawful money was allowed for them, weight for weight,
deducting only for the coinage (Ruding's "Annals of the Coinage," 18
19, vol. iii., p. 293). The harp was taken out of the naval flags
in May, 1660.]
and of this there was L500,000 brought in upon its being called in. And
from very good arguments they find that there cannot be less of it
in Ireland and Scotland than L100,000; so that there is but L150,000
missing; and of that, suppose that there should be not above 650,000
still remaining, either melted down, hid, or lost, or hoarded up in
England, there will then be but L100,000 left to be thought to have been
transported. Now, if L750,000 in twelve years' time lost but a L100,000
in danger of being transported, then within thirty-five years' time
will have lost but L3,888,880 and odd pounds; and as there is L650,000
remaining after twelve years' time in England, so after thirty-five
years' time, which was within this two years, there ou
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