A
plain
and
easie
Way
to
reduce
GUINEAS
,
which
now
is
the
only
passable
Coin
for
Payments
,
in
such
method
that
neither
the
KING
nor
any
of
his
Subjects
will
lay
under
the
least
Disadvantage
;
but
by
so
doing
,
will
produce
a
speedy
Supply
to
his
Majesty
and
all
his
Revenues
,
and
thereby
all
the
Nobility
and
Gentry
of
England
will
have
their
Revenues
will
paid
;
which
will
encourage
Trade
,
and
quicken
Payment
to
Merchants
and
Tradesman
,
and
by
the
means
following
will
bring
back
Guineas
out
of
Foreign
Countries
,
and
make
them
plentiful
here
:
And
likewise
a
Method
for
setling
of
the
Silver
Coin
in
this
Nation
,
during
the
time
of
reducing
Guineas
.
Humbly
presented
to
the
Consideration
of
both
Houses
in
Parliament
.
THE
Method
will
then
be
,
To
reduce
every
Guinea
from
Thirty
Shillings
to
Twenty
five
Shillings
,
and
to
pass
Currant
in
the
the
King's
Exchequer
,
Custom-House
,
Excise
,
and
all
Banks
and
Places
whatsoever
,
in
this
his
Majesty's
Kingdom
,
at
Thirty
Shillings
per
Guinea
until
the
25th
of
March
,
1696.
And
from
thence
to
lessen
the
Value
of
every
Guinea
Six
Pence
,
every
Quarter
of
a
Year
;
which
in
Two
Years
and
an
half's
Time
will
reduce
every
Guinea
to
the
Value
of
Twenty
five
Shillings
:
which
,
if
settled
by
Act
of
Parliament
,
will
be
of
great
Satisfaction
to
all
People
,
with
a
severe
Penalty
upon
any
that
shall
Raise
or
Refuse
them
.
|
|
|
s
|
d
|
|
|
And
so
from
the
25th
of
March
1696.
to
the
|
24th
of
June
following
at
|
29
|
6
|
per
Piece
.
|
|
From
thence
to
the
|
29th
of
September
,
1696.
at
|
29
|
|
|
25th
of
December
,
at
|
28
|
6
|
|
25th
of
March
,
1697.
at
|
28
|
|
|
24th
of
June
,
at
|
27
|
6
|
|
29th
of
September
,
at
|
27
|
|
|
25th
of
December
,
at
|
26
|
6
|
|
25th
of
March
,
1698.
at
|
26
|
|
|
24th
of
June
,
at
|
25
|
6
|
|
29th
of
September
,
at
|
25
|
|
The
Method
for
settling
the
Silver-Coin
of
this
Nation
,
and
for
the
Increase
and
Plenty
thereof
to
be
preserved
,
will
be
by
reducing
its
Value
;
which
may
be
accomplish'd
in
Two
Years
.
And
the
first
Year
,
without
any
Charge
,
all
the
Mill'd
Mony
and
Large
Old
Mony
,
of
full
Standard
,
being
new-coin'd
,
with
the
Allowance
of
Ten
Pound
per Cent
.
to
such
as
bring
in
their
Mony
,
will
do
;
as
for
Example
;
|
Standard
for
Old
Mony
.
|
Standard
for
the
New
.
|
The
allowance
of
10
l.
per
cent
.
|
The
Over-plus
.
|
1
Ounce
is
20
Peny-weight
,
and
1
Peny-weight
is
24
Grains
.
|
5
s
.
is
19
d
.
w
.
12
gr.
|
to
be
16
d
.
w
.
0
gr.
|
is
2
d
.
w
.
0
gr.
|
1
d
.
w
.
12
gr.
|
2
s
.
6
d
.
is
9
d
.
w
.
18
gr.
|
to
be
8
d
.
w
.
0
gr.
|
is
1
d
.
w
.
0
gr.
|
0
d
.
w
.
18
gr.
|
And
in
proportion
for
smaller
Coin
.
Note
,
All
the
Old
Coin
being
thus
●educed
,
there
remains
36
Grains
,
being
one
Penny-weight
and
an
half
,
which
is
full
Seven
Pounds
ten
Shillings
per Cent
.
which
may
lye
in
Bank
towards
the
making
good
Clipt
Mony
,
when
coin'd
.
Note
also
,
That
there
is
abundance
of
Old
Clip'd
Mony
,
and
likewise
Old
Mony
,
that
is
not
Clip'd
,
which
,
weigh'd
together
,
will
hold
the
New
Standard
without
Loss
.
So
that
when
all
this
Coin
,
which
is
now
hoarded
up
,
being
thus
reduc'd
,
it
will
appear
that
all
the
Small
Clip'd
Mony
,
which
no
Person
have
or
will
lay
up
,
will
be
found
to
be
but
of
small
Quantity
,
in
comparison
of
the
whole
Coin
in
the
N●tion
,
and
a
small
Tax
will
make
it
good
;
unless
being
thus
reduced
,
we
may
be
in
danger
of
losing
the
greatest
part
of
the
Silver
Coin
during
the
War
.