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440 but bare Metal which was Money before it was worn and abused into Inequality.

Qu. 2. At whose Charge?

Answ. At the States Charge, as it now is: Because the Owner was no cause of its Inequality, but the States neglect in preventing and punishing such Abuses, which are remedied by new Coinage.

Qu. 3. Of what weight and fineness ought the new Shilling to be?

Answ. Of the same with the other present new Money, and which the old was of, when it was new: Because all must be like, all according to the Statute; and all fit to pay ancient Debts, according to what was really lent. |2|

Qu. 4. Suppose 20s. of old Money may make but 18s. of new, who shall bear the loss of the two shillings?

Answ. Not the States: Because men would clip their own Money: But the Owner himself must bear the loss, because he might have refused light and defective Money, or put it away in time; it being sufficient that he shall have new regular beautiful Money for his old unequal Money, at the States Charge, Ounce for Ounce weight.

Qu. 5. After this Reformation of Coin, Will more Silver be carried out of England, suppose into the East Indies, then before; and to the Damage of England?

Answ. Somewhat more: But none to the Damage of England, Eo Nomine; but rather to its Profit: Because the Merchant will be considered for the Manufacture of the new Money; besides the Metal of it, as he only was when he carried out Spanish Reals.

Qu. 6. Whereas the Merchant carries Scarlet and Silver to the Indies, will he not now carry only the new coined Silver?

Answ. The Merchant will buy as much Scarlet as he can for 100 new Shillings, and then consider whether he shall get more Silk in the Indies for that Scarlet than for another 100 of the like Shillings: And, according to this Conjecture, he will carry Scarlet or Shillings in specie, or part one, part the other, if he be in doubt.