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 Armes , Our Sheriffs in that Part , conjunctly and severally , specially , constitute Greeting ; FORASMUCHAS , The Subjects , & interest of this Our Antient Kingdom do sustain a great & growing Prejudice , by the inbringing great Quantities of the small French Money called the three Sous piece , and passing the same at three Shilling six Pennies Scots a rate far above their true Worth and Value ; And that several of Our Leidges does Scruple and Demur to receive in Payments the Fourty Penny Pieces Coined and Minted within this Kingdom by Our Predecessors at the Rate of three Shilling six Pennies Scots , upon pretence that they are Bare and Worn through Use , albeit the Print and Vestige of the Coine of this Kingdom be visible upon them : Therefore , and for remeed of the Fonesaids Abuses , We with Advice of the Lords of Our Privy Council , Do hereby Prohibite and Discharge the small French Money called the three Sous Piece , which heretofore passed at three Shilling six Pennies Scots , to pass for hereafter , or be offered in Payments , but at the rate of three Shilling Scots only , and to be received at no higher Rate or Value by any of Our Leidges : Ordaining and Commanding , nevertheless , the French Crown to pass at fifty eight shilling Scots , with its half and Quarter proportionally as before : And farder We with advice foresaid Require and Command all Our Leidges to Pass and receave in payments of all Sorts , the fourty Penny Pieces of the Coine and Mint of this Kingdom , at three Shilling six Pennies Scots Money how bare soever and Worne by use the famen be , if the Print and Vestige of the Coine of this Kingdom be visible upon them ; Discharging hereby any of Our Leidges to refuse the saids Scots fourty Penny Pieces , at the Rate of three Shilling six Pennie , under the pain of being lyable to pay the Double of what they refuse to the Party who offered the same , which is immediatly without any Process to be decerned and exacted from the Refuser by any Magistrat within this Kingdom in Favours and to the behove of him from whom any of the said fourty Penny Pieces is refused . OUR WILL IS HEREFORE , And We Charge you strictly and Commands , that incontinent these Our Letters seen ye pass to the Mercat Cross of Edinburgh , and to the remanent Mercat Crosses of the 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 .