made three ounces, and in 1576 four ounces; but three years later it was restored to the former proportion of one ounce, at which it remained throughout the rest of the period. But, whereas the pound of silver had originally, as in England, been coined into 20 shillings, or rather into 240 pennies, and even after a century of progressive depreciation had in 1475 been made to produce only 144s.; in 1529 it was coined into 192s.; in 1556 into 260s.; in 1565 into 360s.; in 1571 into 334s.; in 1579 into 440s.; in 1581 into 480s.; in 1597 into 600s.; and finally, in 1601, into 720s. In other words, what was originally only one pound had, by the steady operation of this nefarious and mischievous process, as practised by the government through the space of about three centuries, been made at last to pass current for no less than thirty-six pounds!
END OF VOL. I.
London : Printed by W. Clowes and Sons, Stamford Street.
