Proposals easie, practicable, and agreeable to the state of the nation, for a new coynage, and repairing the loss in our clipp'd and bad money, without putting any stop to commerce. This text is an enriched version of the TCP digital transcription B28454 of text R225291 in the English Short Title Catalog. Textual changes and metadata enrichments aim at making the text more computationally tractable, easier to read, and suitable for network-based collaborative curation by amateur and professional end users from many walks of life. The text has been tokenized and linguistically annotated with MorphAdorner. The annotation includes standard spellings that support the display of a text in a standardized format that preserves archaic forms ('loveth', 'seekest'). Textual changes aim at restoring the text the author or stationer meant to publish. This text has not been fully proofread Approx. 4KB of XML-encoded text transcribed from 1 1-bit group-IV TIFF page image. EarlyPrint Project Evanston,IL, Notre Dame, IN, St. Louis, MO 2018 B28454 Wing P3721A Interim Tract Supplement Guide 8223.d.38[9] ESTC R225291 ocm99886016

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 Early English books online text creation partnership. (EEBO-TCP ; phase 2, no. B28454) Transcribed from: (Early English Books Online ; image set 186376) Images scanned from microfilm: (Early English books; Tract supplement ; C4:2[9]) Proposals easie, practicable, and agreeable to the state of the nation, for a new coynage, and repairing the loss in our clipp'd and bad money, without putting any stop to commerce. 1 sheet ([1] p.). s.n., [London? : 1695] Imprint from Wing. Reproduction of original in the British Library.

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 eng Legal tender -- England -- Early works to 1800. Coinage -- England -- Early works to 1800. Money -- Early works to 1800. Counterfeits and counterfeiting -- England -- Early works to 1800. eebo Proposals easie, practicable, and agreeable to the state of the nation, for a new coynage, : and repairing the loss in our clipp'd and bad money, with n/a 1695 1 658 0 0 0 0 0 0 0 A This text has no known defects that were recorded as gap elements at the time of transcription. 2014-06 Keyed and coded from ProQuest page images 2014-08 Sampled and proofread 2014-08 Text and markup reviewed and edited 2015-03 Batch review (QC) and XML conversion
PROPOSALS Easie , Practicable , and Agreeable to the State of the Nation , for a New Coynage , and Repairing the Loss in our Clipp'd and Bad Money , without putting any stop to Commerce .

Proposal 1. THAT the Old Clipp'd Money that is Good , be Exchang'd , Tale for Tale , without respect to Weight , as fast as New can be Coined .

Proposal 2. That all the Bad Money , at a very short Warning , be brought in , upon the publick Credit , into an Office or Offices for that purpose , and Counted , and the Complement thereof ( to prevent the Increase ) given in to the Parliament now sitting , to be made good to the Owners , by the Publick , when convenient , which will prevent the Ruin of Thousands , and make the whole Nation easie , the same being melted down , and new Coin'd into small Money at leisure .

Proposal 3. For the better Conveniency of a New Coinage , let a sufficient and sure Fund be settled by Act of Parliament to incourage the bringing in of useless and superfluous Silver ( such as Tankards , Cups , Pots , &c. in publick Houses ) at certain Interest , and at the Currant Price : which Silver being first Coined into Mill'd Money , let a Proclamation be issued for the Calling so much of the Old Money in , as the New Coin'd amounts to : Then Coin the Old into New , and let an equal quantity of the Remaining Old be called in , to answer the Product of the First ; and so do till all be new Minted . By this Method the Mint will be immediately set at Work , and the Running Cash will not be in the least diminished , during the New Coinage ; for the Fund being appropriated to the making Good the Plate to such Persons as bring it in , the Plate will supply the Deficiency of the Clipp'd Money .

This Way , Commerce will be carried on as effectually , as before the Crying down of our Clipp'd and Bad Money , which is the thing Your Honours , in Your Great Wisdom , are about to provide for .

Proposal 4. That Three or more New Mills be added to the Tower Mint , ( where there is Conveniency enough for Ten ) that the New Coynage may be perform'd with greater Expedition .

Proposal 5. That the Guinneas fall gradually , by One Penny the first Day of every Month ; which will prevent Stock-Jobbing of them .

If the New Money , as fast as Coin'd , were sent into the Exchequer , and the Old , as it came in , sent to the Tower in lieu thereof ; all Payments hereafter out of the Exchequer to be made in New Money , and all Taxes paid in Old , the New Money would quickly circulate through the Kingdom , and the Countrey be no more drain'd of its Cash than as the King's Taxes do it gradually ; and this way , 't is thought , all the Old Money in the Countrey will come to the Mint in less than Two Years , without any Trouble or Charge .

A Tax might be levy'd by way of Poll , which would be sufficient for the Service of the Year 1696. for Supplying the Deficiency in our Clipp'd Money , and for other Occasions , without fear of having the Supplies to make good the next Year ; and yet every Man save more in bare House-keeping in a Year ( the Tax being taken off Land , which raises all Provisions above a sixth part ) than he need be Taxed for his Head .