|
|
Front Page Titles (by Subject) REPRESENTATION SECOND. - A Select Collection of Scarce and Valuable Tracts on Money
REPRESENTATION SECOND. - John Ramsay McCulloch, A Select Collection of Scarce and Valuable Tracts on Money [1856]Edition used:A Select Collection of Scarce and Valuable Tracts on Money from the Originals of Vaughan, Cotton, Petty, Lowndes, Newton, Prior, Harris, and Others, with a Preface, Notes, and Index (London: Printed for the Political Economy Club, 1856).
About Liberty Fund:Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals. Copyright information:The text is in the public domain.
Fair use statement:
This material is put online to further the educational goals of Liberty Fund, Inc. Unless otherwise stated in the Copyright Information section above, this material may be used freely for educational and academic purposes. It may not be used in any way for profit.
- 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,
REPRESENTATION SECOND.
to the Right Honourable the Earl of Oxford and Earl of Mortimer, Lord High Treasurer of Great Britain. May it please Your Lordship.
IN Obedience to Your Lordship’s Order of Reference signified to me by Mr. Taylor in his Letter of June 16 inst. I have perused the Representation from the Lords of the Privy Council of Ireland, touching a late Order of Council here for giving Currency in that Kingdom by Proclamation to some Foreign Coins, which were omitted in a former Proclamation, a printed Copy of which they have sent, desiring a Clause to be added to the said Order, for making such Allowance for light Pieces as was made in the said Proclamation; and that the Order may comprehend also the foreign Coins mentioned in that Proclamation, because the Original thereof under the Great Seal was destroyed by the late Fire that happened there at the Council-Chamber, so that the Clark of the Council cannot now certify that the printed Copy agrees with the Original verbatim as the late Act of Parliament requires for the Conviction of Counterfeitors of those Coins. And upon comparing the said Representation with the said late Order of Council and printed Proclamation, I humbly represent, that the Weight of the single Pistole and Luidore, being in the said Proclamation put 4 Penny-weight 8 Grains; the Weight of the Double Pistole and Double Luidore ought in Proportion to be put in a new Proclamation 8 Penny-weight 16 Grains, and that of the Quadruple Pistole, or Double Doubloon, 17 Penny-weight 8 Grains. And that the Moydore of Portugal (which as the Merchants bring them hither a little worn, weigh one with another 6 Penny-weight 21¾ Grains, and before wearing may be a Quarter of a Grain heavier or above) may be put in Weight 6 Penny-weight 22 Grains in the same Proclamation, and valued at 30s. For in Ireland, where an English Shilling passes for 13d. the Moydore of this Weight is worth 29s. 11½d. reckoning Gold 22 Carats fine at 4l. per Ounce, as is usually done, and 30s. is a Medium, and the nearest round Number. And a Grain being allowed for Wearing, this Piece will be current till it weighs but 6 Penny-weight 21 Grains, as was stated in the late Order of Council, and after that it will be still current by abating 2d. per Grain in its Value for what it wants of the Weight of 6 Penny-weight 22 Grains. For the latter Part of the printed Proclamation, concerning the Allowance for light Pieces, and concerning the Scales and Weights for weighing them, I am humbly of Opinion, should be continued in the next Proclamation.
I humbly beg leave to represent further to your Lordship, that the Weights and Values of the Silver Coins in the printed Proclamation would answer better to one another, and to the Coins themselves, if 2d. were taken from the Value of the Crusado of Portugal, and 18 or 20 Grains added to the Weight of the Dollars, for the Crusado is reckoned in Portugal to be the 10th part of the Moydore in Value, and the Moydore is worth 30s. in Ireland as above, and yet the Crusado is valued in the Proclamation at 3s. 2d. It’s Weight before Wearing is 11 Penny-weight 4 Grains, and a Crusado of this Weight is worth but 3s.
Rix-Dollars, Cross-Dollars, and other Dollars, are in the Proclamation put of the same Weight and Value of the Pieces of Eight and Lewises, and ought to be 18 or 20 Grains heavier to be of the same Value. Rix-Dollars are of several sorts, and before Wearing Weighed about 18 Penny-weight and 6, 8, or 10 Grains, and Cross-Dollars 18 Penny-weight 1 Grain. That they may be worth 4s. 9d. which is the Value in the Proclamation, they should weigh at least 17 Penny-weight 18 Grains.
I am humbly of Opinion therefore, that the Gold Coins should be of the Weight and Fineness expressed in the Paper hereunto annexed, and the Silver ones, as in the printed Proclamation, unless for the Reasons above mentioned, it should be thought fit to take 2d. from the Value of the Crusadoes, and add 18 Grains to the Weight of the Dollars.
All which is humbly submitted to your Lordship’s great wisdom.Is. Newton. Mint-Office, 23 June, 1712.
|