Proposals for raising one million, by a tax upon all plate wrought, and bullion already imported. This text is an enriched version of the TCP digital transcription B28456 of text R224787 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. 2KB of XML-encoded text transcribed from 2 1-bit group-IV TIFF page images. EarlyPrint Project Evanston,IL, Notre Dame, IN, St. Louis, MO 2018 B28456 Wing P3741 Interim Tract Supplement Guide 816.m.6[21] ESTC R224787 ocm99885654

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 Early English books online text creation partnership. (EEBO-TCP ; phase 2, no. B28456) Transcribed from: (Early English Books Online ; image set 201571) Images scanned from microfilm: (Early English books; Tract supplement ; C25:3[22]) Proposals for raising one million, by a tax upon all plate wrought, and bullion already imported. 1 sheet ([2] p.). s.n., [London : 1696] Imprint suggested by Wing. Reproduction of the original in the British Library.

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 eng Coinage -- England -- Early works to 1800. Finance, Public -- England -- Early works to 1800. Taxation -- England -- Early works to 1800. eebo Proposals for raising one million, by a tax upon all plate wrought, : and bullion already imported. n/a 1696 2 363 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 FOR Raising one Million , BY A Tax upon all PLATE wrought , And Bullion already Imported .

THe Current Cash of the Kingdom hath been often Computed at six Millions , and the Plate twice as much , or more .

The Cash ( by computation ) is decreased ( at least ) one third , by carrying it out of the Nation , and Melting it down , ( by both which there is Gain ) and by this means there 's scarce any other but Clipt Coyn in the Kingdom , and so the Plate which is of the Use is increased , and the Coynage ( which only makes Silver useful ) is destroyed .

Now to make this Plate useful , it is Proposed ,

1. That in all Coynage hereafter to be made , the Crown-piece which is now 19 d . weight , be reduced to 18 d . weight , and all Money proportionable .

2. That all Persons shall bring in all their wrought Plate , and Bullion already imported , into the Mint , ( or the Officers that shall be appointed under it ) either to be Coyned into this Coyn ( and for every Ounce of Plate or Bullion so brought in to be Coyned shall receive 5 s . 2 d . in this Coyn ) or else ( at their election ) shall keep their Plate , paying 6 d . per Ounce for it , and receiving a Stamp upon it , noting it to be Licensed Plate .

By this means the Government will get by all Plate and Bullion Coyned , and 6 d . per Ounce for all Plate not Coyned , which by Computation will amount to One Million .

This Tax is only upon the Rich , and arises from a Commodity used for Fancy and not Necessity , and will Occasion the Coyning several Millions in the Kingdom , and prevent it from being Exported or Melted down , ( which all Acts heretofore made for that purpose could never yet effect . )

FOR Raising one Million .