The Online Library of Liberty

A project of Liberty Fund, Inc.

• Preface.
• Vaughan, a Discourse of Coin and Coinage
• Chap. I.: Of the First Invention and Use of Money.
• Chap. II.: Of the Matter of Money.
• Chap. III.: Of the Forms of the Money Anciently and Now In Use.
• Chap. IV.: Of the Proportions Held Between Gold and Silver, Antient and Modern.
• Chap. V.: Of the Raising of the Price of Money Both of Silver and Gold.
• Chap. VI.: Of Base Money.
• Chap. VII.: Of the Inconveniences In General Grown In the Matter of Money.
• Chap. VIII.: Of the Low Price of Our Silver.
• Chap. IX.: Of the Prohibition of Forrein Moneys, Especially Spanish.
• Chap. X.: Of the Unequal Coinage of Our Moneys.
• Chap. XI.: Of the Great Increase of the Proportion Between Gold and Silver, and the Things Valued By Them; By Which There Is Grown a Greater Want of Money In England Than Was In Antient Times, and of the Causes Thereof, and of the Remedies Which May
• Chap. XII.: Of the Raising of the Price of Moneys By Our Neighbours, and the Defect of Our Not Raising of Our Moneys Accordingly.
• Chap. XIII.: Of the Benefits Which Do Grow Unto the State By the Raising of Moneys, and the Prejudices Which Do By Not Raising of It.
• Chap. XIV.: The Benefits Which Do Grow to the State By the Not Raising of Money, and the Prejudices Which Do Grow By the Raising of It.
• Chap. XV.: Examinations of the Reasons For the Raising of Money.
• Chap. XVI.: Examinations of the Reasons For the Not Raising of Money.
• Chap. XVII.: Of Contracting With Forrein Nations By Ambassadors to Keep Their Moneys At a Certain Standard.
• Chap. XVIII.: Of the Ordaining of Solid Payments.
• Chap. XIX.: Of Equalizing the Exchange.
• Chap. XX.: Of Reducing Moneys to the Lowness of Ancient Values.
• Chap. XXI.: Of Raising Our Moneys According to the Raising of Our Neighbours.
• Chap. XXII.: Of Introducing Two Different Species of Money.
• Chap. XXIII.: Of Coining of Moneys Without Distinction of Weights.
• Lord Coke’s Account of Coin and Coining.
• Cotton, a Speech Touching the Alteration of Coin.
• The Answer of the Committees Appointed By Your Lordships to the Proposition Delivered By Some Officers of the Mint, For Infeebling His Majesties Monies of Gold and Silver.
• The First Part. the Preamble.
• Questions to Be Proposed to the Merchants, Mint Masters, and Goldsmiths Concerning the Alteration of the Silver-monies.
• Certain General Rules Collected Concerning Money and Bullion Out of the Late Consultation At Court.
• Advice of His Majesty’s Council of Trade, Concerning the Exportation of Gold and Silver In Foreign Coins and Bullion. (concluded December 11. 1660.)
• Reasons Aud Arguments For the Free Exportation of Gold and Silver In Foreign Coin and Bullion.
• Sir William Pettys Quantulumcunque Concerning Money, 1682.
• Questions.
• A Report Containing an Essay For the Amendment of Silver Coins
• The Second General Head Concerning the Present State and Condition of the Gold and Silver Conis.
• The Third General Head Discusses This Question, Whether It Be Or Be Not Absolutely Necessary At This Time to Re-establish the Coins.
• The Fourth General Head Is to Propose the Means That Must Be Obtained, and the Proper Methods to Be Used In and For the Re-establishment of the Silver Coins.
• The Fifth General Head Considers What Must Supply the Commerce, Pay Taxes, &c. Whilst the Clipt Money Is Under Its New Fabrication.
• In Quodam Libro Vocato Nigro Scripto Tempore Regis Henrici Secundi, Per Gervasium Tilburiensem, De Necessariis Scaccarii, Remanente In Curia Receptæ Scaccarii, Inter Alia Sic Continetur.
• A Computation of the Common Weight of a Hundred Pounds By Tale, In Ordinary Silver Money At This Day, Taken From a Medium of the Bags, Weighed At the Receipt of Exchequer, In May, June, and July Last.
• Note On the Re-coinage of 1696-99.
• Representations of Sir Isaac Newton On the Subject of Money. 1712-1717.
• Representation First
• Representation Second.
• Representation Third.
• Tables Illustrative of the Successive Changes In the Standard, In the Weight of the Coins, and In the Relative Values of Gold and Silver In England, From the Conquest Down to 1717.
• Note On Scotch Money, With Tables Showing the Successive Changes In the Standard In the Weight of the Coins, and In the Relative Values of Gold and Silver, From 1107 to 1707, When Scotland Ceased to Have a Peculiar Coinage.
• Observations On Coin In General, With Some Proposals For Regulating the Value of Coin In Ireland.
• Essays On Money and Coin I
• Part I.: The Theories of Commerce, Money, and Exchanges.
• Chapter I.—: Of the Nature and Origin of Wealth and Commerce.
• Chapter II.—: Of Money and Coins.
• Chapter III.: Of Exchanges.
• Essays On Money and Coin Ii
• The Preface.
• Part II.
• Chapter I.: A Summary Account of All the Alterations That Have Been Made In Our Standard of Money, From the Norman Conquest to the Present Time, With the Opinions of Some Very Eminent Men Upon Those Kinds of Measures.
• Chapter II.: The Established Standard of Money Should Not Be Violated Or Altered, Under Any Pretence Whatsoever.
• Postscript. of Standard Measures.
• Reflections On Coin In General
• Raper, an Inquiry Into the Value of the Ancient Greek and Roman Money.
• Introduction.
• § 1.: Of the Attic Drachm.
• § II.: Of the Eginean and Euboïc Talents.
• § III.: Of the Roman Money.
• § 4.: Of the Value of Gold In Greece and Rome.
• § V.: Of the Value of the Ancient Greek and Roman Money.
• Conclusion.
• Tables Showing the Denominations of the Principal Greek and Roman Coins, and Their Values In Sterling Money,

CHAP. XII.

Of the raising of the Price of Moneys by our Neighbours, and the defect of our not raising of our Moneys accordingly.

BOTH these Causes are assigned of the Rarity of Money, and are indeed the same, and do both stand and fall together, and both are assigned for causes of Exportation of our Gold and Silver, and for Impediments of the importation of these Materials unto us: For if it be true that our Neighbours by the raising of the price of their Moneys of Gold and Silver, do the more abound in Gold and Silver, it is true likewise, that if we do not raise ours in the same Proportion, we shall much less abound in the same Materials: And if it be true, that they by raising theirs do draw a greater quantity of Gold and Silver into their States, it is likewise true, that they do not only thereby withdraw from us that quantity of Gold and Silver, which would otherwise be imported unto us, but they do facilitate the exportation from us, of that whereof we are already possessed: But, on the contrary, if these Positions be not true, then all the Consequences inferred upon them are not true likewise; Now because almost all the deliberations in matters of Money do resort to the one or the other side of this main Question, Whether the raising of the price of Moneys doth really and stably increase the abundance of Money in any State, or if it do increase the quantity, whether that increase be not more prejudicial than beneficial to the Commonwealth? I intend to handle this Question, and all the incidents pertaining to it, as exactly as I can. And

First I purpose to set down the benefits that do grow to the State by the raising of the Moneys, and the Prejudices that do grow by the not raising of Moneys: And then I intend to set down the Benefits that do grow by the not raising of Money, and the Prejudices that do grow by the raising of Money: Then I purpose to examine, and to answer, or allow the Reasons made on both sides.

And lastly, I intend to set down what Remedies have been propounded for the avoiding of all Inconveniences which may grow to the State either by the raising or not raising of Moneys, or both of them, and to examine the same: And here I must again require an extraordinary Patience and Attention in the Reader, because that upon the hinges of this Question, the whole Mystery of the Government and ordering of Moneys in the Common-wealth is moved, and the question it self is very intricate and perplexed, and the Reasons alledged on both sides are full of Subtilty.