WHEREAS for remedy of the present scarcity of Money in this Our Kingdom , and that Our standing Forces may be the better paid and subsisted , and that Our Subjects of this Realm may be the better enabled to pay and discharge the Taxes , Excise , Customs , Rents , and other debts and duties which are or shall be hereafter payable to vs ; We have ordered a certain quantity of Copper and Brass Money to be Coyned to pass currant in this Our Kingdom during Our pleasure , in six penny pieces ; each piece having of one side the Effigies or Figure of Our Head , with this Inscription round , Jacobus II Dei gratia , and upon the other side , the stamp or impression of Cross Scepters and a Crown , between , J. R. with VI . above , the moneth wherein they are coyned below , with this Inscription round , Mag. Brit . Fran . & Hiber . Rex . 1689. and fringed round , each of the said pieces to be of the metal of Copper and Brass . All which pieces of Money , We have thought fit , by the advice of Our Privy Council , to make currant Money within this our Kingdom . We do therefore hereby Publish and Declare by the advice aforesaid , that the said pieces of Copper and Brass coyned , or hereafter to be coyned by Our said Order , marked and stampt as aforesaid , shall pass during Our Pleasure , as currant Money amongst all Our Subjects within this Realm , and in all payments to be made either to vs or from vs , or to or from any of Our Subjects within this Kingdom , according to the Rates following ; that is to say , each of the said pieces called six penny pieces , marked and stamped as aforesaid , to pass for six pence ; the said pieces to pass at the rates aforesaid in all payments , excepting the duties of Customs and Excise upon the importation of Forreign Goods into this Kingdom , Money left in trust or keeping with any person , and excepting mortgages , and debts now due by Record , or by Bills , Bonds , or Obligations , and that the same shall also pass currant at the Rates aforesaid , for the interest which hereafter shall fall due for such Mortgages and Debts due by Records , Bills , Bonds or Obligations , and likewise for any of the said Principal debts so secured where the debtor or his Goods are or shall be taken in Execution for the same , and We do hereby Strictly Charge and Command all and every of Our Subjects of this Kingdome to take & receive in all Payments to be made to them ( excepting as aforesaid ) the said Pieces of Money according to the Rates aforesaid , hereby declaring that such of Our Subjects within this Kingdom as shall Refuse to Receive the said Pieces of Copper and Brass Mony at the Rates aforesaid ( excepting as aforesaid ) being tendred to them for payment shall be Punished according to the utmost Rigour of the Law , as Contemners of Our Royal Prerogative and Command , Provided always that this Our Proclamation shall not be Construed , to oblige any Merchant or Merchants , Importing any Goods into this Kingdom to Receive upon the first Sale of such Goods so Imported any of the said Copper or Brass Mony : And whereas We have caused the said Copper and Brass Mony to be made currant mony for present Necessity , and therefore do not intend that the same shall continue for any long time . We do by this Our Royal Proclamation Promise and Engage to all our Subjects here , that as soon as the said Mony shall be Decried and made Null , that we shall thereupon receive from all and Every Our Subjects within this Kingdom such Proportion of the said Mony as shall be , and remain in their respective hands at the time the same shall be so Decried and made Void ; and at the same time either allow for the same to them the Value thereof at the Rates aforesaid , Out of what Rent , Duties or Debts they respectively shall owe to vs , or make them full satisfaction for the same according the Rates aforesaid , in Gold or Silver of the Currant Coyne of this Kingdom .