ou to be of the
kingdom's side in this dispute, by shewing, without reserve, your
disapprobation of Mr. Wood's design; at least if you have been so frank
to others as you were to me; which indeed I could not but wonder at,
considering how much we differ in other points; and therefore I could
get but few believers, when I attempted to justify you in this article
from your own words.
I would humbly offer another thought, which I do not remember to have
fallen under the Drapier's observation. If these halfpence should once
gain admittance; it is agreed, that in no long space of time, what by
the clandestine practices of the coiner, what by his own counterfeits,
and those of others, either from abroad or at home; his limited quantity
would be trebled upon us, until there would not be a grain of gold or
silver visible in the nation. This, in my opinion would lay a heavy
charge upon the crown, by creating a necessity of transmitting money
from England to pay the salaries at least of the principal civil
officers: For I do not conceive how a judge (for instance) could support
his dignity with a thousand pounds a year in Wood's coin; which would
not intrinsically be worth near two hundred. To argue that these
halfpence, if no other coin were current, would answer the general ends
of commerce among ourselves, is a great mistake; and the Drapier hath
made that matter too clear to admit an answer; by shewing us what every
owner of land must be forced to do with the products of it in such a
distress. You may read his remarks at large in his second and third
letter; to which I refer you.
Before I conclude, I cannot but observe, that for several months past,
there have more papers been written in this town, such as they are, all
upon the best public principle, the love of our country, than, perhaps,
hath been known in any other nation, and in so short a time: I speak in
general, from the Drapier down to the maker of ballads; and all without
any regard to the common motives of writers: which are profit, favour,
and reputation. As to profit, I am assured by persons of credit, that
the best ballad upon Mr. Wood will not yield above a groat to the
author; and the unfortunate adventurer Harding, declares he never made
the Drapier any present, except one pair of scissors. As to favour,
whoever thinks to make his court by opposing Mr. Wood is not very deep
in politics. And as to reputation, certainly no man of worth and
learning, would e
|