Page:History of England (Froude) Vol 4.djvu/539

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1550.]
THE REFORMED ADMINISTRATION.
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in a remarkable letter from a London merchant to Cecil; and it is well to see with contemporary eyes the extent and bearing of that deep evil which the Government, in despair perhaps of any better resource, persisted in inflicting upon the country—teaching the people to execrate, however unjustly, the very name of a Reformation which had brought so dark a curse upon them.

'Forasmuch,' wrote a certain William Lane to Cecil, 'as[1] you be in place where matters concerning our commonwealth are many times talked of, and I in my heart wishing a redress of things that seemeth to me amiss, I am so bold as to utter to you my judgment in these cases following, without redress whereof our commonwealth shall run headlong into more misery; and for that I see a present mischief in hand or coming, I would it were prevented with speedy remedy.

'Of late not twelve days passed I talked with Mr Yorke of the mint, who showed me that he was in hand to make a new coin of fine silver that should be eleven oz. fine, and coined in pieces of two shillings the piece, whereof five pieces or a little more should make one oz.; whereof I made the reckoning that one oz. of silver fine being sold to the mint at 6s. 8d, being coined, should make eleven shillings to be paid out again, or little more or less. I said, although the silver were fine, yet was it too dear and the money naught. He answered, that it was richer than the other money late made, or now amaking, and much other communication we had not.

  1. William Lane, Merchant of London, to Sir William Cecil: MS. Domestic, Edward VI. vol. xiii. State Paper Office.