WHEREAS We have by former Proclamations of the eighteenth and twenty seventh days of June last , for the reasons therein set forth ; ordained and declared that a certain Coyn made by Our Order of a certain mettal mixed of Copper and Brass , and marked and stamped as in the said Proclamations is expressed , in six penny , twelve penny , and half-crown pieces , should during Our pleasure pass as currant Money among all Our Subjects within this Realm according to the rates and values in the said Proclamations mentioned , and in all payments to be made either to vs or from vs , or to or by any of Our Subjects within this Kingdom ; excepting Mortgages , Bills , Bonds , or Obligations , Debts due by Record , and Money heretofore left in trust or keeping with any person : And whereas it hath been since represented to vs , that such restriction upon the said Coyn is a great hindrance to Trade and Industry , and to the circulation of the said Money , in regard men of Trade and Industry cannot have credit without passing Bonds or Iudgments , which since they cannot satisfy by the said Money , they are therefore the less industrious to acquire it by the sale of any of their Goods or Merchandizes , as are also the generality of all others , because ●hen they have acquired any quantity thereof , they cannot thereby pay their ●ebts , nor clear their Estates from incumbrances ; Wherefore We have ●●ought fit , by the Advice of Our Privy-Council , further to declare and or●ain , that the aforesaid Money made of a mixture of Copper and Brass as foresaid , shall hereafter during Our pleasure pass as currant Money with●● this Realm , not only in all payments in the said former Proclamations mentioned , but also in all the said payments of Bills , Bonds , Debts by Record , Mortgages , and all other payments whatsoever in the said former Proclamations excepted . And whereas this is ordered at this time to supply the present scarcity of Money , and remedy the great inconveniences which would otherwise ensue , We do therefore hereby promise and declare to all Our Loving Subjects , that as soon as the said Money shall be called in , and decried , We shall thereupon not only receive from all Our Loving Subjects within this Kingdom such proportion thereof as shall be in any of their hands at such time as it shall be so decried , according to the value for which it now passes , in satisfaction of any Rents , Customs Excise , Debts or Duties which they shall owe to vs ; but also where no such Debts or Duties shall be due to vs , We will make full satisfaction for the same in Gold or Silver of the currant Coyn of this Kingdom .