WILLIAM by the Grace of God , King of Great-Britain , France , and Ireland , Defender of the Faith , To _____ Macers of Our Privy Council , Messengers at Arms , Our Sheriffs in that part , conjunctly and severally , specially Constitute ; Greeting , Forasmuch as , We are informed , that several of Our Subjects within this Our Ancient Kingdom of Scotland , Have of late at their own hands , without any Warrand , taken upon them to refuse the old Scots Merk-Pieces , and their Fractions , albeit they be not Clipped ; and the broad Un-clipped English Money , to the great Interruption of Trade , and hindering the payment of Lawful Debts : Therefore , We with Advice of the Lords of Our Privy Council , Do hereby peremptorly Ordain , and Command the saids old Un-clipped Merk-Pieces , and their Fractions , and all broad Un-clipped English Money , to be Currant , and to pass among all Persons within this Kingdom , in all Payments , whether of Debts , Merchandize , or others whatsomever , And Discharges any Persons to refuse the same , as they will be answerable . Our Will is Herefore , and we Charge you strictly , and Command , That in Continent thir Our Letters seen , ye pass to the Mercat-Cross of Edinburgh , and to the Mercat-Crosses of the remanent Head-Burghs of the several Shires and Stewartries within this Kingdom , and There in Our Name and Authority , by open Proclamation , make Intimation hereof , that none may pretend ignorance . And Ordains these Presents to be Printed .