Page:Survey of London by John Stow.djvu/81

Rh and the ounce of silver at three shillings and nine pence in value. In the year 1544, the 35th of Henry VIII., on the 16th of May, proclamation was made for the enhancing of gold to forty-eight shillings, and silver to four shillings the ounce. Also the king caused to be coined base moneys, to wit, pieces of twelve pence, six pence, four pence, two pence, and a penny, in weight as the late sterling, in show good silver, but inwardly copper. These pieces had whole, or broad faces, and continued current after that rate till the 5th of Edward VI., when they were on the 9th of July called down, the shilling to nine pence, the groat to three pence, etc., and on the 17th of August from nine pence to six pence, etc. And on the 30th of October was published new coins of silver and gold to be made, a piece of silver five shillings sterling, a piece of two shillings and five pence, of twelve pence, of six pence, a penny with a double rose, half-penny a single rose, and a farthing with a portclose. Coins of fine gold: a whole sovereign of thirty shillings, an angel of ten shillings, an angelet of five shillings. Of crown gold: a sovereign twenty shillings, half-sovereign ten shillings, five shillings, two shillings and six pence, and base moneys to pass as before, which continued till the 2nd of Queen Elizabeth, then called to a lower rate, taken to the mint, and refined, the silver whereof being coined with a new stamp of her majesty, the dross was carried to foul highways, to heighten them. This base money, for the time, caused the old sterling moneys to be hoarded up, so that I have seen twenty-one shillings current given for one old angel to gild withal. Also rents of lands and tenements, with prices of victuals, were raised far beyond the former rates, hardly since to be brought down. Thus much for base moneys coined and current in England have I known. But for leather moneys, as many people have fondly talked, I find no such matter. I read, that King John of France, being taken prisoner by Edward the Black Prince at the battle of Poictiers, paid a ransom of three millions of florences, whereby he brought the realm into such poverty, that many years after they used leather money, with a little stud or nail of silver in the middle thereof. Thus much for mint and coinage, by occasion of this Tower (under correction of others more skilful) may suffice. And now to other accidents there.

In the year 1360, the peace between England and France being confirmed, King Edward came over into England, and