in 1634, begging for a mint which should coin
money in Ireland of the same standard and values as those of England,
and allowing the profits to the government. Wentworth supported the
address; but it was refused (Carte's "Ormond," vol. i., pp. 79-80). When
Lord Cornwallis's petition for a renewal of his patent for minting coins
was presented in 1700, it was referred to a committee of the Lords
Justices. In their report the Lords Justices condemned the system in
vogue, and urged the establishment of a mint, in which the coining of
money should be in the hands of the government and in those of a
subject. No notice was taken of this advice. See Lecky's "Ireland," vol.
i., p. 448 (ed 1892) [T.S.]]
[Footnote 5: Boulter stated that £10,000 or £15,000 would have amply
fulfilled the demand ("Letters," vol. i., pp. 4, 11). [T.S.]]
[Footnote 6: It was not alone the direct discouragement of agriculture
which lessened the population. This result was also largely brought
about by the anti-Catholic legislation of Queen Anne's reign, which
"reduced the Roman Catholics to a state of depression," and caused
thousands of them to go elsewhere for the means of living. See
Crawford's "Ireland," vol. ii., pp. 264-267. [T.S.]]
Your paragraph relates further, that Sir Isaac Newton reported an assay
taken at the Tower of Wood's metal, by which it appears, that Wood had
in all respects performed his contract[7]. His contract! With whom? Was
it with the parliament or people of Ireland? Are not they to be the
purchasers? But they detest, abhor, and reject it, as corrupt,
fraudulent, mingled with dirt and trash. Upon which he grows angry, goes
to law, and will impose his goods upon us by force.
[Footnote 7: For the full text of Newton's report see Appendix, No. II.
[T.S.]]
But your Newsletter says that an assay was made of the coin. How
impudent and insupportable is this? Wood takes care to coin a dozen or
two halfpence of good metal, sends them to the Tower and they are
approved, and these must answer all that he hath already coined or shall
coin for the future. It is true indeed, that a gentleman often sends to
my shop for a pattern of stuff, I cut it fairly off, and if he likes it,
he comes or sends and compares the pattern with the whole piece, and
probably we come to a bargain. But if I were to buy an hundred sheep,
and the grazier should bring me one single wether fat and well fleeced
by way of pattern, and expect the same price round for the whole
hundred, without suffering me to see them before he was paid, or giving
me good security to restore my money for those that were lean or shorn
or scabby, I would be none of his customer. I have heard of a man who
had a mind to sell his house, and therefore carried a piece of brick in
his pocket, which he shewed as a pattern to encourage purchasers: And
this is directly the case in point with Mr. Wood's assay.[8]
[Footnote 8: Monck Mason remarks on this assay that "the assay-masters
do not report that Mr. Wood's coinage was superior to that of former
kings, but only to those specimens of such coinages as were exhibited by
Mr. Wood, which, it is admitted were much worn. Whether the money coined
in the preceding reign was good or bad is in fact nothing to the
purpose." "'What argument,'" quotes Monck Mason from the tract issued in
1724 entitled, "A Defence of the Conduct of the People of Ireland, in
their unanimous refusal of Mr. Wood's Copper Money," "'can be drawn from
the badness of our former coinages but this, that because we have
formerly been cheated by our coiners, we ought to suffer Mr. Wood to
cheat us over again? Whereas, one reason for our so vigorously opposing
Mr.
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