A letter to a member of Parliament for settling guineas G. H. This text is an enriched version of the TCP digital transcription A44740 of text R40534 in the English Short Title Catalog (Wing H31). Textual changes and metadata enrichments aim at making the text more computationally tractable, easier to read, and suitable for network-based collaborative curation by amateur and professional end users from many walks of life. The text has been tokenized and linguistically annotated with MorphAdorner. The annotation includes standard spellings that support the display of a text in a standardized format that preserves archaic forms ('loveth', 'seekest'). Textual changes aim at restoring the text the author or stationer meant to publish. This text has not been fully proofread Approx. 4 KB of XML-encoded text transcribed from 1 1-bit group-IV TIFF page image. EarlyPrint Project Evanston,IL, Notre Dame, IN, St. Louis, MO 2018 A44740 Wing H31 ESTC R40534 19348460 ocm 19348460 108756 2240871230

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Early English books online. (EEBO-TCP ; phase 1, no. A44740) Transcribed from: (Early English Books Online ; image set 108756) Images scanned from microfilm: (Early English books, 1641-1700 ; 1672:2) A letter to a member of Parliament for settling guineas G. H. 1 broadside. s.n., [London? : 1696] Signed at end: G.H. Answer to: Guineas at 21s. 6d. will make money plenty (1696). Place and date of publication suggested by Wing. Reproduction of original in the Goldsmith's Library. eng Guineas at 21s. 6d. will make money plenty. Finance, Public -- Great Britain -- 1688-1815. Guinea (Coin) Coinage -- England. eebo A letter to a member of Parliament for settling guineas. G. H 1696 1 615 1 0 0 0 0 0 16.26 C The rate of 16.26 defects per 10,000 words puts this text in the C category of texts with between 10 and 35 defects per 10,000 words. 2007-01 Assigned for keying and markup 2007-01 Keyed and coded from ProQuest page images 2007-02 Sampled and proofread 2007-02 Text and markup reviewed and edited 2008-02 Batch review (QC) and XML conversion
A LETTER to a Member of PARLIAMENT for Settling GUINEAS . SIR ,

I Have Perused the Paper you sent me , Entituled , Guineas at 21 s. 6 d. will make Money Plenty — The People will bear it , &c. And I believe it was Writ by One whose private Interest it is to have them so : He endeavours to answer three Objections .

1. The People will not bear it . 2. It will be carried all away . 3. Not Lent to the KING .

TO the 1st . he says , The People will bear it ; and so say I : They must , if compell'd , whether Willing or no : If it will not breed Discontentments , and Heart-Burning , 't is Well . For People to lose so Prodigiously by them 't is very Hard. The Gentleman says , Not One in a Thousand will be any great Sufferer , throughout the Kingdom : And yet ( within three or four Lines afterwards ) he says , He much pitys the Tradesmen , Farmers , and Tenants , both in City and Country : Not Considering they make above three Parts of the Whole of the Kingdom . I know People are for a Settlement what they shall go for , but not for such a One. This I know , When News came from the House , that it was carryed in the Committee at 25 s. I never saw so much Joy and Satisfaction among all People , in the City and Suburbs in my Life , before the other News came that it was thrown out again ; and then they were as Dejected . I verily believe , That if they were settled thereabouts for some time , to the next Sessions of Parliament , or a Year , &c. the Taxes would be speedily and cheerfully Paid , and Trading as quick as for Twenty Years last past : 'T is not amiss to give the People as much Satisfaction and Ease as Possible , under Great Taxes and Dead Trade : And , if the King take them at 25 , or 26 , and the Deficiency made up by a Tax next Sessions , or otherwise , I Humbly Conceive , it would Content the People better than to lose so much now at once .

Secondly , He says , It will not be carried away . I Answer , It will , if Interest will do it ; and 't is Cheaper to carry it to Holland in Specie , than to Remit it thither by Exchange ; ●●nd Guineas too is Cheaper to be carried thither at 24 , or 25 s. than to Remit Money .

Thirdly , It will be Lent to the KING . And be better for his Majesty by a fifth Part of all the Supplies given him ; and will go a fifth Part farther , I Answer , If it be so , then it is 20 per Cent Gain to to the Government , and loss to the Subject ; 't is well if People are so Satisfied —

I Submit the Whole to Your Judgment : But 't is my Opinion there is a Necessity they be Settled now , or else declare by a Vote , You will not this Sessions meddle with them more , then they will go for about 24 , or 25 s. but at present all Trade stands still almost ; and will do till one of these two be done .

G. H.