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<DATE>2014-11-25</DATE>
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<NAME>Mona Logarbo</NAME>
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<ITEM>Proofed and reviewed as part of batch B140731.pdcc.</ITEM>
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<STC T="G">816.m.10[51]</STC>
<STC T="C">R224694</STC>
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<VID>185374</VID>
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<DIV1 TYPE="proposals to Parliament">
<PB REF="1" MS="y">
<HEAD>PROPOSALS TO THE PARLIAMENT, FOR REDRESS OF <HI>The Common Calamity</HI> Attending The&s;e Kingdoms at Pre&s;ent in Their COYN and TRADE.</HEAD>
<P>AND fir&s;t, As to its Coyn, That both Bad and Good be Univer&s;ally Called in, and New Coyned of another Stamp than yet afore.</P>
<P>The Bad into &s;ingle Pence, Two-pences, Three-pences, Groats, and Four-pence-half pennies, for changing Money, of which we have almo&s;t none left in the Nation, and we cannot well have too much of; and is at pre&s;ent &s;o extreamly wanted, that in &s;ome parts, e&s;pecially in and about <HI>Exon,</HI> as credibly informed, they are forced for conveniency &s;ake, to make u&s;e of Bra&s;s Dutch Styvers, and French Bra&s;s Sous Marks, in its place.</P>
<P>And it is no great matter what Metal &s;uch &s;mall Money is made of, provided it be equal|ly Trea&s;on to Coyne it, as all other; neither will the lo&s;s of it be &s;o burden&s;ome and di&s;|contenting as at pre&s;ent, if in &s;ome few years after the Charge of the War is over (and you find any Inconvenience in it) you call it in, and coyn others in its place and room.</P>
<P>That every Five-Shilling-Piece, and &s;o <HI>pro rato,</HI> all of more or le&s;s value, exceed not Four Shillings Nine-pence in Silver, as Silver at farthe&s;t is now worth by the Ounce.</P>
<P>That the pre&s;ent Ounce Rates of both Silver and Gold may not be le&s;&s;ened for the&s;e Ten Years to come, (unle&s;s on its Experiment you find apparent Cau&s;e to the contrary:) For that no doubt it will be of wonderful good effect, to both Trade and el&s;e; e&s;pecially in the more grateful and ea&s;ie carrying on of the War, to the&s;e Nations.</P>
<P>That there be an exact Account kept by faithful able hands, Debtor and Creditor, of both the Lo&s;s of Bad and Clipt (of what, as above, to be a-new Coyned at) and Profit on the Unclipt Moneys, &s;aid to have Six Shillings and two pence of Silver in every Five-Shil|ling-Piece, as now Silver is worth.</P>
<P>That as there is to be no lo&s;s to any Particular on the Clipt, &s;o no Profit to any on the Unclipt, as long as they are to receive what will pa&s;s from them by Law for like value in payment again; but both Profit and Lo&s;s to the Publick.</P>
<P>That for prevention of Fraud, no Unclipt Money to be melted down, but by the Mint, under Trea&s;on; nor Concealed from the Mint, under great Penalty: For that it is concei|ved, that if all be brought forth, the Profit on the Good, would almo&s;t, if not altogether, equal the Lo&s;s on the Bad, who&s;e Out-cry &s;eems more numerous and a&s;righting than really it is, by not only Moneyed Mens, but others al&s;o keeping in the Good, (fearing el&s;e to have again Bad in its place) and managing Trade only a<GAP DESC="illegible" EXTENT="1 letter"> it were with the &s;aid Bad.</P>
<P>That it be Trea&s;on either to Offer or Receive any Clipt Money for time to come, whe|ther Old or New Coyn, and a hundred pound Reward to every Di&s;coverer of every mani|fe&s;t fal&s;e Coyner, that is brought to, and &s;uffers condign Puni&s;hment.</P>
<PB REF="2" MS="y">
<P> That there be a convenient quantity of Silver borrowed on the Publick Credit, until it can be repaid (at Intere&s;t, to be added to what other lo&s;s, if any) to be Coyned as a Stock ready aforehand, to be i&s;&s;ued in Payment of &s;uch Moneys, as above, as &s;hall Enter, until it can be New Coyned, that Trade be not hindered.</P>
<P>That if there be any Lo&s;s on the whole matter, it be equally rai&s;ed on both Land and Trade, in manner as the Four Shillings <HI>per</HI> Pound Tax, that Particulars be not ruinated by a greater Grievance.</P>
<P>For &s;hould it be Ordered it &s;hould not be taken in, but every one &s;hould bear his own lo&s;s at it falls, it will immediately influence hardly any, and tho&s;e very little, if any, but Trades-Men; four parts, it may be, in five of which, being Cloth-Workers, Serge and Stuff-Makers, Retale Shop-Keepers of all &s;orts, Handy-Craft, and other Trades-Men and Wo|men too, are not able to bear: That it's feared, they will be turbulent in &s;uch Ca&s;e.</P>
<P>Be&s;ides, wherein will the Profit of we Landed Men be thereby, if we &s;o far, and &s;ing|ly too, di&s;courage the Trading part of the Nation? Are they not our great Benefactors? And pray what would become of our Lands, and our Grandeurs likewi&s;e, of the Fruits of our Fields, our Corn, our Milk, Chee&s;e, Butter, Fle&s;h, and el&s;e what&s;oever, if almo&s;t Nine parts in Ten of it were not brought up and Expended by the &s;everal Cities, Corpo|rations, Towns and Traders, that are within our own &s;everal Countries, which have no other way or means to Purcha&s;e it of us, our Tenants and the like, but Trade? That in all things, I think, it highly imports us to Cheri&s;h it and them as our own Lives.</P>
<P>Next, As to our Monies pa&s;&s;ing &s;omewhat above its Value, it highly imports the&s;e Three Kingdoms, and the Enriching both the Noble and Ignoble in it, is in part amply Illu&s;tra|ted in the Ca&s;e of Guineas now before us at this In&s;tant, running about two Shillings in Thirty above its Value in Gold, hath not only returned them us from abroad (which el&s;e we had never &s;een more) but for re-tran&s;porting their Value, rai&s;ed our Manufactories, and our other Productions, twice as much as that comes too, in &s;ome four Shillings in every &s;uch thirty (in Dre&s;t Calf-Skins more, &s;ome from Ten Pence to Sixteen Pence each Pound weight:) Be&s;ides, occa&s;ioned the carrying off very unu&s;ual and far greater quantities thereof, that Wooll it &s;elf is thereby Advanced extreamly; and our Poor (before almo&s;t, many of them and their Families ready to peri&s;h for want of Work) recovered as from the Dead; all which is &s;o notorious, that You may with ea&s;e inform Your Selves of its undeniable Truth.</P>
<P>Moreover your Le&s;&s;ening the value of your Coyn, as above, will hinder its Tran&s;por|tation, which through its former greatne&s;s in weight, hath been, it &s;eems, a common Commerce from our South-Coa&s;t; I my &s;elf having in the Long Parliaments Days &s;een it &s;old to a great Banker in a great Port of <HI>France</HI> by the Ounce and Pound as Goods, (not|with&s;tanding the then Law to the contrary, through its weakne&s;s) to greater Profit to the Merchant Seller, than by our mo&s;t-demanded-there Manufactories; and that they buy it too, and their Advantage lies in melting it down, is evident, in both their &s;ending it in&s;tant|ly for <HI>Paris,</HI> and giving for quantities of it more by the Ounce, than it will there pa&s;s for in Coyn; which they likewi&s;e pick up there and ingro&s;s, it is &s;o profitable to that End and Service, &s;o fa&s;t, that there is hardly any of it to be found in any part of their Countrey unmelted.</P>
<P>It will al&s;o nip the growing de&s;troying Evil to the&s;e Nations of the great Trade by Ex|change, in&s;tead of our yet afore Manufactories, and other our Productions, which antient|ly &s;upplied its room, and that beyond all doubt too; for the&s;e Kingdoms with their other Productions, have more Woolls of their own by far, (&s;etting Spani&s;h and others a&s;ide, the Manufactoring of which here, is of va&s;t Advantage to us) than, if Manufactored all with us here at home within our &s;elves, will &s;upply us with more than we want from abroad, (the <HI>Ea&s;t Indies</HI> and our own <HI>Plantations</HI> only excepted) &s;o that we need not at all to carry out our Money and Trea&s;ure to do it.</P>
<P>If the great Wi&s;dom of this Nations <HI>Parliament</HI> would but adjoyn to it an Act making it as well Confi&s;cation of Ship and Goods, as Trea&s;on, where-ever found, (<HI>France</HI> doth more, extending it &s;ometimes to Mens other E&s;tates be&s;ides (and that on le&s;&s;er moments, by which Severity they find intire Obedience) to every one and all that &s;hall dare to tran&s;|port from among&s;t our &s;elves, any of our own (or others, once imported here) Woolls un|manufactored.</P>
<P>Our yet-afore-made weaker Law, although in pre&s;ent force, will not do it; their Pro|&s;ecution is made &s;o Intricate, Trouble&s;ome, Dilatory and Chargeable withal, to the Pro|&s;ecutor, that none cares to meddle therein; when as &s;uch Laws &s;hould rather be made ea&s;ie, Tryals &s;hort and &s;peedy, followed with an unmitigated uncompoundable, &s;wift Execu|tion,
<PB REF="2">to the greater Terror o<GAP DESC="illegible" EXTENT="1 letter"> the O<GAP DESC="illegible" EXTENT="2 letters">ende<GAP DESC="illegible" EXTENT="1 letter">, and all &s;o far from the <GAP DESC="illegible" EXTENT="1 letter">eart Charge to the <GAP DESC="illegible" EXTENT="2 letters">o<GAP DESC="illegible" EXTENT="1 letter">ecu|tor, that it &s;hould be done at the Publick's, <GAP DESC="illegible" EXTENT="1 letter">nd <GAP DESC="illegible" EXTENT="2 letters">t<GAP DESC="illegible" EXTENT="1 letter">nded be&s;ides from thence with his very great Reward, &s;uitable to the unexpre&s;&s;ablene&s;s of &s;o Publick a Benefit.</P>
<P>The contrary (with Submi&s;&s;ion) will mo&s;t certainly Deba&s;e and Impoveri&s;h us, whatever our Oratorical, High &s;trained Elaborate Writers &s;ugge&s;t; foor if our Woolls be carried out, they can not only Manufactor them, but cheaper than we, having their Poor at lower Rates, and &s;o will take and reap that Benefit from us, which is far greater than the Wooll its &s;elf. Be&s;ides, we mu&s;t then, if we will have any of their Growths, carry them our Moneys fir&s;t or la&s;t, one way or other, whether by that masked Covert of the Exchange, or more immediately; to their great inriching, in our &s;teads.</P>
<P>Let it never be forgotten that about Fourty Years ago, <HI>France</HI> was &s;o exceeding &s;carce of Silver in their Country, that they were forced to manage a great part of their Trade and their other Affairs with Bra&s;s Deneirs, to &s;o great inconveniency, that on their Pay|ments, they were forced to carry them on Porters backs, and many times in Carts with Hor&s;es from Hou&s;e to Hou&s;e; but &s;ince abounding in Trade and Clothing, through our neglect, they have mightily increa&s;ed and abounded in both Silver and Gold, or their Monarch could not have No&s;ed &s;o many Powerful Princes at this day; when it is not long &s;ince he paid a kind of Homage in <HI>Dunkirk</HI> to <HI>Oliver,</HI> as &s;ome in&s;tance of his then Hu|mility, and future good Behaviour in that time of his great Weakne&s;s and Indigent Creep|ing, Lowne&s;s and Poverty.</P>
<P>And whereas &s;ome have mi&s;takenly and ignorantly thought, that the Tran&s;porting Woolls would add to their price; Ancient Experience &s;hews the Contrary. (But &s;uppo&s;e it, although fal&s;e, would not it be lo&s;t again &s;everal times over in its Non-manufactoring there right) for when all was Manufactured here at Home, it was worth almo&s;t, if not quite, double to what it is now.</P>
<P>Be&s;ides, In&s;tead of being dearer for it, with what is carried out hence, and the <HI>Iri&s;h</HI> Act together ju&s;t before the Wars, <HI>Iri&s;h</HI> Wooll was &s;old in <HI>France</HI> cheaper than in <HI>England;</HI> that &s;et a&s;ide a few fine mixed Clothes that they cannot learn the Art and Secret of mixing as yet, they can not only give them&s;elves a full &s;upply cheaper than we can, but begin to furni&s;h other People al&s;o in our &s;tead; yea, and we our &s;elves too, with &s;ome of their Stuffs made there with our own Wooll: Which cannot (if not timely and effectually prevented) Centre in any other, than our own Ruine at la&s;t.</P>
<P>It was but a little times before the War, that a great Whole-Sale <HI>French</HI> Woollen-Draper told me upbraidingly, to the be&s;t of my remembrance, That they either did already, or would &s;uddenly make more Broad-Clothes in <HI>France</HI> than in <HI>England;</HI> for that in <HI>Langue|doc,</HI> they had a great many Thou&s;and of Cloth-Workers, be&s;ides el&s;ewhere, which is &s;o mightily encouraged by their King, that they have gotten to a great Degree therein of Perfection.</P>
<P>It was not for nothing, that our Ance&s;tors Ordered their Seats in Parliament on Wooll-Packs, that They might never forget to keep and &s;ecure this great Trea&s;ure within Their Own Bowels, as the Main Wheel on which Their All &s;eemed mo&s;tly to depend, and was a great &s;econdary Cau&s;e of both Their Power, Strength and Riches, and therefore calls loudly for the Deepe&s;t Endeavours, and Utmo&s;t Con&s;ults for its Pre&s;ervation.</P>
<P>For mo&s;t certainly, this, and no other, with Pro&s;tration of my Mite, to Your Great, Deep, and Profound Trea&s;ury can advance Your Lands, fill Your Private and Publick Trea&s;ures too, by bringing in, in&s;tead of carrying out, Gold and Silver in abundance; which mu&s;t naturally return in Manufactory and all other Productions, and make the&s;e the Three Riche&s;t, and consequently the mo&s;t Powerful Three Kingdoms in the whole Univer&s;e.</P>
<P>This will renown You, draw the Prayers of the Poor to a&s;cend for You, cau&s;e Your Names to live to Po&s;terity and Ages to come, to Celebrate Your Prai&s;es; and truly it is worth Your Con&s;ideration how many Scores of Thou&s;ands of the&s;e of our Three King|doms All depends upon that &s;ingle Manufactory of Woolls; and it may be, You will find the Number beyond Your Belief.</P>
</DIV1>
<DIV1 TYPE="postscript">
<PB REF="3" MS="y">
<HEAD>POSTSCIPT.</HEAD>
<P>I Can neither apprehend or learn from utmo&s;t Search and Enquiry, how it will be any the lea&s;t Di&s;advantage to the&s;e Nations (or other than great Profit) to Value Bulloyn with us, &s;omewhat above other Kingdoms; and con&s;equently our Coyn in a &s;uitable proportion to it, above its worth in Silver or Gold.</P>
<P>For that whether in already, or brought in hereafter, by either Our Selves or Strangers, it mu&s;t fix it here, from recarrying back in Specie.</P>
<P>Nor yet by Exportation, but in lieu and place of our Manufactories and Productions, as we &s;hall from time to time have abroad, over and above, and be&s;ides whatever of their Growths we &s;hall have occa&s;ion of from thence.</P>
<P>So that whether Abroad or at Home, by Exchange or otherwi&s;e, whatever Silver or Gold is brought into the&s;e Kingdoms, their Effects and Proceeds mu&s;t unavoidly one way or other, fir&s;t or la&s;t, in &s;uch ca&s;e be Inve&s;ted and Employed in our Manufactories or other Productions, if ever it will be returned again without great lo&s;s, which will not an&s;wer the end of the Bringers.</P>
<P>Be&s;ides, It mu&s;t needs force a greater Expence of our Productions, and con&s;equently, &s;uch a Demand thereon, as mu&s;t of nece&s;&s;ity advance them far beyond the Difference of our Bullyon and Coyn with Forreigners.</P>
<P>When note, it will occa&s;ion the Expence, Sale, and Di&s;patch of what we have, not for one or two years only, but always, and every year in abundance, and what other Nations cannot be without, as we can without theirs; &s;o that the greater Obligation lies on their part.</P>
<P>Keeping here &s;till but a little before others in Your Bulloyn, if Gold and Silver increa&s;e never &s;o much Abroad, it can never hurt You, as long as You give but Your Own Manu|factories and Productions for it, which ari&s;eth &s;o Free, Naturally, and Con&s;tantly to You as the Fruits of Your Country; But contrariwi&s;e You will thereby drain their Mines for them, and make Your Selves a Bank for Trea&s;ure, Power and Strength, and con&s;equent|ly be the Fear of all about You.</P>
</DIV1>
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<DIV1 TYPE="colophon">
<P><HI>LONDON:</HI> Printed for the Widow <HI>Whitlock,</HI> near <HI>Stationers-Hall,</HI> 1696.</P>
</DIV1>
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