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<REVDESCR>
<CHANGE>
<DATE>2014-06-25</DATE>
<RESPSTMT>
<NAME>Mona Logarbo</NAME>
<RESP>MURP</RESP>
</RESPSTMT>
<ITEM>Proofed and reviewed as part of batch B140313.pdcc.</ITEM>
</CHANGE>
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<EEBO>
<IDG S="marc" R="UM" ID="B24309">
<STC T="W">H2788B</STC>
<STC T="G">816.m.10[47]</STC>
<STC T="C">R224692</STC>
<BIBNO T="umi">99885597</BIBNO>
<VID>185370</VID>
</IDG><!-- alt.stc G816.m.10[47] --><!-- alt.stc Cr224692 -->
<TEXT LANG="eng">
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<DIV1 TYPE="text">
<PB REF="1" MS="y">
<HEAD>HORN's PROPOSALS, Humbly Offered to the Honourable Hou&s;e of Commons.</HEAD>
<HEAD TYPE="sub">Setting forth the only true and ea&s;ie Method how to Change the <HI>Coin</HI> of this Kingdom, both Good and Bad, and in &s;o doing, to Rai&s;e the King near <HI>2000000</HI> of Moneys, more or le&s;s according to what the Deficiency of the Coin and bad Money will amount to, if it was all full Weight and right Standard, which if I do not make Good by the Permi&s;&s;ion of this <HI>Honorable Hou&s;e,</HI> and with <HI>20000 l.</HI> to begin with, both for Fund, and to Defray Charges, I dare lo&s;e my Life, I am &s;o grounded in my Project, which is as follows.</HEAD>
<P><HI>Imprimis,</HI> THAT there be 3 Mints, and 3 Grand Offices, be&s;ides the Offices for the Counties, to wit, One Mint and a Grand Office at <HI>London,</HI> another at <HI>York,</HI> and another at <HI>Exeter,</HI> and more if they can be allow|ed, or fewer, if there be any Rea&s;on to the contrary; but &s;uppo&s;ing 3. then, I propo&s;e the&s;e follow|ing Rules;</P>
<P><HI>Fir&s;t,</HI> To divide <HI>England</HI> and <HI>Wales</HI> into 3 Divi&s;ions, for which every Divi&s;ion hath a Mint, and a Grand Office.</P>
<P><HI>Secondly,</HI> THAT every County Change their Moneys di&s;tinctly; al&s;o that every Pari&s;h do the &s;ame; and where there are large Pari&s;hes, That every Ward Change di&s;tinctly, as they &s;hall have Notice given them by a Me&s;&s;enger from the Office of the County, or from the Grand Office of the Divi&s;ion; and that every Pari&s;h or Ward (&s;o coming to Change) chu&s;e out &s;uch Per&s;ons to be with them during the time of their Change, as be&s;t knows the Inhabitants of &s;uch Pari&s;h or Ward, the bet|ter to di&s;cover &s;uch as have &s;o Metamorphiz'd the Coin. Having &s;hew'd the Method of Changing; I now come to the Man|ner or Changing, which is thus;</P>
<P><HI>Fir&s;t,</HI> I'll &s;uppo&s;e there may be 2000000 of Moneys Fal&s;e and Deficient to be made Good, if allow'd; I will draw it into the Hands of 400000 Per&s;ons; Thus by giving Change for no Summ of fal&s;e Coin,<NOTE PLACE="marg"><HI>Note,</HI> That &s;uch who&s;e Sums will not amount &s;o high as 5 <HI>l.</HI> and that they may not part from their Moneys at any rate, the King may give them 10 <HI>d.</HI> for every Shil|ling; and &s;o Tally it as the others, and &s;uch as will take &s;uch Tal|ly in Change, or buy the &s;ame &s;hall have 2 <HI>d.</HI> in the Shilling Advance, which the o|ther lo&s;t; which in 5 <HI>l.</HI> will be 16 <HI>s.</HI> 8 <HI>d.</HI> for which advance the King will have Buyers enough. Note that if the&s;e Mints may be removed from County to County, it will be the ea|&s;ier for the People.</NOTE> and the Deficiency in the Good under 5 <HI>l.</HI> which will cau&s;e People to joyn together, or &s;ell their Moneys to &s;uch as have larger Sums, which they may do for a very &s;mall Lo&s;s, and have Buyers enough, if they have no Friend that they are minded to Joyn with; by doing of which will draw it into tho&s;e 400000 Hands, before mentioned, if not many fewer. Then give them a Tally for this bad Moneys, and that which the Good wants of Weight in &s;uch Sums as they &s;hall de&s;ire it: None being given under 5 <HI>l.</HI> and al&s;o give them their Tallies, pa&s;&s;ible in &s;uch Counties, as they de&s;ire them; provided that County have done, or begun to Change; and for the Remainder of the Good Moneys, give it them in <HI>Mill'd. Moneys.</HI></P>
<P><HI>Secondly,</HI> How to make this be come all Good to the King, and to Rai&s;e him 2000000 of <HI>Moneys</HI> upon it, is thus;</P>
<P><HI>Fir&s;t,</HI> THAT every Tally pa&s;s as &s;o much Ready <HI>Moneys,</HI> and that every time it pa&s;s in Payment, or is Sold or Lent, there be 2 <HI>d.</HI> deducted out of every Pound for the King, which is to be given to him that Receives the Tally, and Indors'd on the &s;aid Tally; and &s;o all along, always making the Receiver of the Tally the Receiver of the King's Tax; and intru&s;ting &s;uch Indor&s;ements always in the Hands of him that owns the Tally, until they amount to 20 <HI>s.</HI> and then the Tally to pa&s;s no more in Payment, until the 20 <HI>s.</HI> of Indor&s;ments be paid into the Office, and a new Tally given the Owner thereof in Lieu of his o|ther Tally, that hath &s;o wa&s;ted it &s;elf 20 <HI>s.</HI> and that the Prior-Tally be &s;truck out: Thus if my Tally was fir&s;t 5 <HI>l.</HI> in going thro' 24 Hands, it Rai&s;eth 20 <HI>s.</HI> to the King, then in who&s;e hands it lies it be carried to the Office, as I &s;aid before, and take a New Tally of 4 <HI>l.</HI> and &s;o on until it be wa&s;ted to 20 <HI>s.</HI> then that the Owner thereof Receive in lieu of that Tally, having &s;o wa&s;ted it &s;elf, 20 <HI>s.</HI> in <HI>Ready Moneys;</HI> and that the <HI>Ma&s;ter</HI> of the &s;aid Office be Impower'd to add the 20 <HI>s.</HI> &s;o bought to the next Tally that comes to his Hand to be renew'd, and that he receive 20 <HI>s.</HI> in lieu thereof, which he had before given for the &s;ame; and that then the Prior-Tally be di&s;charg'd. This I hope makes it plain, that it will make all this <HI>Moneys</HI> become Good to the King, whe|ther there be more or le&s;s of it, excepting 20 <HI>s.</HI> in every County, which will be the la&s;t Tally of every County; &s;o that by con&s;e|quence, having no Tally left to Charge it upon, it mu&s;t be the Kings Lo&s;s, which will be but 51 <HI>l.</HI> throughout <HI>England</HI> and <HI>Wales.</HI></P>
<P><HI>Secondly,</HI> It is convenient to give an Example, how the&s;e Tallies are to be paid, and how the <HI>Moneys</HI> will be Rai&s;ed, and the Tally wa&s;ted; which to make it more plain, is thus;</P>
<P><HI>Impr. A.</HI> Hath a Tally of 5 <HI>l. A.</HI> pays this Tally to <HI>B.</HI> being indebted to him &s;uch a Summ, and gives <HI>B.</HI> al&s;o Five <HI>Groats</HI> more than the Tally of 5 <HI>l.</HI> which is Half for the King, and the other Half &s;unk; which Half for the King <HI>A.</HI> takes care to Indor&s;e upon the Tally; &s;o that <HI>A.</HI> hath lo&s;t Five <HI>Groats</HI> by his Tally of 5 <HI>l.</HI> and every time a Tally of 5 <HI>l.</HI> comes into his hands, he lo&s;eth Five <HI>Groats</HI> by putting it off.</P>
<P><HI>Note,</HI> That if there was no Tax laid upon this bad <HI>Moneys,</HI> then <HI>A.</HI> would lo&s;e but 10 <HI>d. per</HI> time by putting off his Tally, but &s;ince a Tax mu&s;t be Rai&s;ed, and the bad <HI>Moneys</HI> thrown away, and the Deficiency of the good Coin made good, it is no mat|ter how great a Tax is laid upon it, 'twill the &s;ooner be over, and the &s;ooner Rai&s;e the <HI>Moneys</HI> for the King; and without grudging, by rea&s;on it mu&s;t be throw'd away, one way or other; and there can be no other way found out, &s;o plea&s;ing and advantagious.</P>
<P><HI>Secondly,</HI> To &s;hew how equally this will be Levied, and how ea&s;ily; for as Ca&s;es now &s;tands, the Rich and cunning Men hath ridded this bad <HI>Moneys</HI> out of their Hands, but the poorer Sort of Traders and Tenants cannot get rid of it; which if &s;ome &s;uch way be not taken to Di&s;per&s;e it again, that every Man may bear a Share of the Lo&s;s, according to his Dealings in the World, the&s;e poorer Sort of People mu&s;t all be utterly ruined; but as to &s;hewing how equally it will be Levied, and how ea&s;ily; Suppo&s;ing there be 2000000 of this <HI>Moneys;</HI> and it be drawn into 400000 Per&s;ons hands, at 5 <HI>l. per</HI> Per&s;on; then &s;up|po&s;e there may be 6000000 of People to make this Good, every one will contribute according to their Dealings. Suppo&s;e I Deal for 100 <HI>l. per Annum,</HI> and no more, if all my Dealings be in Tally, I pay but 14 <HI>s.</HI> towards wa&s;ting this Tally of 5 <HI>l.</HI> and towards Rai&s;ing the King his 2000000 of <HI>Moneys,</HI> and &s;oon proportionably according to his Dealings, for a Tally will thru&s;t it &s;elf into the hands of &s;uch as are great Dealers; for they will never lie &s;till, till they have &s;pent them&s;elves, Now hoping I have Laid all things &s;o plain and ea&s;ie, that they may be under&s;tood, but if any Objection may ari&s;e, I crave Leave to an&s;wer to the &s;ame; for it is as plain to me as the Alphabet; But it may be &s;uppo&s;ed, that &s;o Great an Undertaking cannot be &s;een through at the fir&s;t &s;ight, which brings me to Sub&s;cribe my &s;elf,</P>
<CLOSER><SIGNED>Your Honours mo&s;t Dutiful Servant, And &s;hall ever Pray, as in Duty bound.</SIGNED>
<POSTSCRIPT>
<P><HI>Note,</HI> That any Per&s;on may return his Tally out of one County into the other, at his plea&s;ure, and make it become Payable any where.</P>
<P><HI>Note al&s;o,</HI> That the King hath but one Receiver in a County, that He pays to; &s;o that the Tax is ea&s;ily Gathered, for every Man is his own Collector, and his own Taxer; &s;o that he can neither complain that he is too hardly Tax'd, or too &s;everely dealt with by the Collectors; neither can he &s;ay he hath no <HI>Moneys</HI> to pay this Tax.</P>
</POSTSCRIPT></CLOSER>
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