hly sensible of the duty and
regard which every honest man owes to his country and to his
fellow-subjects, do hereby declare, that I will not be concerned,
directly or indirectly, in entering, landing, importing, receiving, or
uttering any of the said Wood's halfpence, for that I am fully
convinced, as well from the addresses of both Houses of Parliament, as
otherwise, that the importing and uttering the said halfpence will be
destructive to this nation, and prejudicial to his Majesty's revenue.
"And of this my resolution I gave notice by letter to the person who
sent me the bills of lading, the very day I received them, and have sent
back the said bills to him.
"THO. HANDY.
"Dublin, 29th. August, 1724." [T.S.]]
After which, let the officers to whom these orders are directed, (I
would willingly except the military) come with their exhortations,
their arguments and their eloquence, to persuade us to find our interest
in our undoing. Let Wood and his accomplices travel about the country
with cart-loads of their ware, and see who will take it off their hands,
there will be no fear of his being robbed, for a highwayman would scorn
to touch it.
I am only in pain how the commissioners of the revenue will proceed in
this juncture; because I am told they are obliged by act of Parliament
to take nothing but gold and silver in payment for His Majesty's
customs, and I think they cannot justly offer this coinage of Mr. Wood
to others, unless they will be content to receive it themselves.
The sum of the whole is this. The "Committee advises the King to send
immediate orders to all his officers here, that Wood's coin be suffered
and permitted without any let, suit, trouble, &c. to pass and be
received as current money by such as shall be willing to receive the
same." It is probable, that the first willing receivers may be those who
must receive it whether they will or no, at least under the penalty of
losing an office. But the landed undepending men, the merchants, the
shopkeepers and bulk of the people, I hope, and am almost confident,
will never receive it. What must the consequence be? The owners will
sell it for as much as they can get. Wood's halfpence will come to be
offered for six a penny (yet then he will be a sufficient gainer) and
the necessary receivers will be losers of two-thirds in their salaries
or pay.
This puts me in mind of a passage I was told many years ago in England.
At a quarter-sessions in Lei
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