ne thousand moidores in silver, would thus amount in
clear profit, to 37_l_. 10,_s_. The shopkeepers, and other traders, who
go to London to buy goods, followed the same practice, by which we have
been driven into this insupportable distress.
To a common thinker, it should seem, that nothing would be more easy,
than for the government to redress this evil, at any time they shall
please. When the value of guineas was lowered in England, from 21_s_.
6_d_. to only 21_s_.[11] the consequences to this kingdom, were obvious,
and manifest to us all; and a sober man, may be allowed at least to
wonder, though he dare not complain, why a new regulation of coin among
us, was not then made; much more, why it hath never been since. It would
surely require no very profound skill in algebra, to reduce the
difference of ninepence in thirty shillings, or threepence in a guinea,
to less than a farthing; and so small a fraction could be no temptation,
either to bankers, to hazard their silver at sea, or tradesmen to load
themselves with it, in their journeys to England. In my humble opinion,
it would be no unseasonable condescension, if the government would
graciously please, to signify to the poor loyal Protestant subjects of
Ireland, either that this miserable want of silver, is not possible to be
remedied in any degree, by the nicest skill in arithmetic; or else, that
it doth not stand with the good pleasure of England, to suffer any silver
at all among us. In the former case, it would be madness, to expect
impossibilities: and in the other, we must submit: For, lives, and
fortunes are always at the mercy of the CONQUEROR.
The question hath been often put in printed papers, by the DRAPIER,[12]
and others, or perhaps by the same WRITER, under different styles, why
this kingdom should not be permitted to have a mint of its own, for the
coinage of gold, silver, and copper, which is a power exercised by many
bishops, and every petty prince in Germany. But this question hath never
been answered, nor the least application that I have heard of, made to
the Crown from hence, for the grant of a public mint, although it stands
upon record, that several cities, and corporations here, had the liberty
of coining silver. I can see no reasons, why we alone of all nations, are
thus restrained, but such as I dare not mention; only thus far, I may
venture, that Ireland is the first imperial kingdom, since Nimrod, which
ever wanted power, to coin their
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