Page:PettyWilliam1899EconomicWritingsVol2.djvu/134



Uppose that 20s. of new mill'd Money doth weigh 4 Ounces Troy, according to Custom or Statute. Suppose that 20s. of old Eliz. and James's Money, which ought also to weigh four Ounces Troy, doth weigh three Ounces Troy; and vary variously between 3 and 4 Ounces, viz. none under 3, and none full 4.

Suppose that much of the new mill'd regular Money is carried into the East-Indies, but none of the old light and unequal Money.

Qu. 1. Whether the old unequal Money ought to be new Coined, and brought to an equality?

Answ. It ought: Because Money made of Gold and Silver is the best Rule of Commerce, and must therefore be equal, or else it is no Rule; and consequently no Money, and