Some Proposals to the Parliament for Encouraging Gold and Silver to be brought into this Kingdom, and Discouraging the carrying of it out, whereby great Profit may a [...]erue to the King and Kingdom.
LEt Guinys pass at twenty four Shillings, each; and Silver Money be made (twelve Pence in an Ounce) courser, each piece of the same weight as formerly. Several Reasons may be shown for it, and Examples from other Nations.
First, Guinys going at twenty four Shillings a piece, will prevent their being carried beyond the Seas, whereby the Manufacture of England will be much Encouraged, and Trade thereby greatly encreased, by the Transporting of Goods instead of Money.
2dly, It will be of vast Advantage to their Majesties in the Coyning of them.
3dly, It will be of large advantage to the Subject, in those that are already Coyned, whereby they will be enabled plentifully to assist their Majesties in this and other ensuing Taxes, and no Person can be prejudiced by it.
The Spaniards Silver Money being fine, is the reason of its being so much transported, which keeps that Nation poor and Idle.
The Dutch Money being Course, little of it is carried abroad, but abundance of Merchandize is transported, which keeps all Hands at work, and few Nations flourish more than that.