A Treatise on the Coins of the Realm: In a Letter to the King

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Pàgina 270 - And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current money with the merchant.
Pàgina 144 - ... that no tender in payment of money made in the silver coin of this realm, of any sum exceeding the sum of 251. at any one time, shall be reputed in law, or allowed to be a legal tender, within Great Britain or Ireland, for more than according to its value by weight, after the rate of 5s. 2d. for each ounce of silver.
Pàgina 129 - The proportion of value between pure Gold and fine Silver, alters as the Earth and Industry of Men produce more of one than of the other ; that is to say, Gold has been worth but twelve times its own weight in Silver; of late it has been worth fourteen, because more Silver has been gotten.
Pàgina 87 - For an Ounce of Silver, whether in Pence, Qroats, or Crown Pieces, Stivers or Ducatoons, or in Bullion, is and always eternally will be of equal Value to any other Ounce of Silver, under what Stamp or Denomination soever...
Pàgina 91 - If things be let alone till silver money be a little scarcer, the gold will fall of itself; for people are already backward to give silver for gold, and will, in a little time, refuse to make payments in silver without a premium...
Pàgina 129 - Two metals, as gold and silver, cannot be the measure of commerce both together in any country; because the measure of commerce must be perpetually the same, invariable, and keeping the same proportion of value in all its parts. But so only one metal does, or can do to itself: so silver is to silver, and gold to gold.
Pàgina 80 - Treasury ... in consequence of the vitiating, diminishing, and counterfeiting of the current monies, it is come to pass, that great contentions do daily arise amongst the king's subjects, in fairs, markets, shops, and other places throughout the kingdom, about the passing or refusing of the same, to the disturbance of the public peace ; many bargains, doings, and dealings are totally prevented and laid aside ; which lessens trade in general...
Pàgina 93 - though its value occasionally varied, and it might be " worth something less, whenever there was a great " demand for the export of Silver, particularly to the " East Indies, and perhaps something more, whenever " a Plate fleet was just arrived from Spanish America." He then suggested, that 6d. should be taken off from the value of the Guinea, in order to diminish the temptation to export and melt down the Silver Coin ; acknowledging however that I0d.
Pàgina 23 - Ill, c. 13. So that the king's prerogative seemeth not to extend to the debasing or enhancing the value of the coin, below or above the sterling value, though Sir Matthew Hale appears to be of another opinion.
Pàgina 157 - CHAP.IT. in reference to the quantity of Gold Coins, for which they could be exchanged; in like manner as they took their value in a former period, in reference to the Silver Coins. On this account the present deficiency of the Silver Coins, great as it is, is not taken into consideration, in paying the price of any commodity, to the extent in which they are legal tender. It is clear therefore, that the Gold Coins are now become, in the practice and opinion of the people, the principal measure of...

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