Page:Mun - England's treasure by forraign trade.djvu/59

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Chap. VIII

The enhancing or debasing our Moneys cannot enrich the Kingdom with treasure, nor hinder the exportation thereof.


There are three ways by which the Moneys of a Kingdom are commonly altered. The first is when the Coins in their several Denominations are made current at more or less pounds, shillings or pence than formerly. The second is when the said Coins are altered in their weight, and yet continue currant at the former rates. The third is when the Standard is either debased or enriched in the fineness of the Gold and Silver, yet the Moneys continue in their former values.

In all occasions of want or plenty of Money in the Kingdom we do ever find divers men, who using their wits for a remedy to supply the first and preserve the last, they fall presently upon altering the moneys; for, say they, the raising of the Coins in value will cause it to be brought into the Realm from divers places in hope of the gain: and the debasing of the monies in the fineness or weight will keep it here for fear of the loss. But these men pleasing themselves with the beginning onely of this weighty business, consider not the