Wood comes
to demand any gold and silver, or commodities for which I have paid my
gold and silver, in exchange for his trash, can he deserve or expect
better treatment?
When the evil day is come (if it must come) let us mark and observe
those who presume to offer these halfpence in payment. Let their names,
and trades, and places of abode be made public, that every one may be
aware of them, as betrayers of their country, and confederates with Mr.
Wood. Let them be watched at markets and fairs, and let the first honest
discoverer give the word about, that Wood's halfpence have been offered,
and caution the poor innocent people not to receive them.
Perhaps I have been too tedious; but there would never be an end, if I
attempted to say all that this melancholy subject will bear. I will
conclude with humbly offering one proposal, which, if it were put in
practice, would blow up this destructive project at once. Let some
skilful judicious pen draw up an advertisement to the following purpose.
That "Whereas one William Wood hardware-man, now or lately sojourning
in the city of London, hath, by many misrepresentations, procured a
patent for coining an hundred and forty thousand pounds[12] in copper
halfpence for this kingdom, which is a sum five times greater than our
occasions require. And whereas it is notorious that the said Wood hath
coined his halfpence of such base metal and false weight, that they are,
at least, six parts in seven below the real value. And whereas we have
reason to apprehend, that the said Wood may, at any time hereafter,
clandestinely coin as many more halfpence as he pleases. And whereas the
said patent neither doth nor can oblige His Majesty's subjects to
receive the said halfpence in any payment, but leaves it to their
voluntary choice, because, by law the subject cannot be obliged to
take any money except gold or silver. And whereas, contrary to the
letter and meaning of the said patent, the said Wood hath declared that
every person shall be obliged to take fivepence halfpenny of his coin
in every payment. And whereas the House of Commons and Privy-council
have severally addressed his Most Sacred Majesty, representing the ill
consequences which the said coinage may have upon this kingdom. And
lastly whereas it is universally agreed, that the whole nation to a man
(except Mr. Wood and his confederates) are in the utmost apprehensions
of the ruinous consequences, that must follow from the said coinage.
Therefore we whose names are underwritten, being persons of considerable
estates in this kingdom, and residers therein, do unanimously resolve
and declare that we will never receive, one farthing or halfpenny of the
said Wood's coining, and that we will direct all our tenants to refuse
the said coin from any person whatsoever; Of which that they may not be
ignorant, we have sent them a copy of this advertisement, to be read to
them by our stewards, receivers, &c."
[Footnote 12: In the first paragraph of this letter the sum was given as
£104,000. [T.S.]]
I could wish, that a paper of this nature might be drawn up, and signed
by two or three hundred principal gentlemen of this kingdom, and printed
copies thereof sent to their several tenants; I am deceived, if anything
could sooner defeat this execrable design of Wood and his accomplices.
This would immediately give the alarm, and set the kingdom on their
guard. This would give courage to the meanest tenant and cottager. "How
long, O Lord, righteous and true."
I must tell you in particular, Mr. Harding, that you are much to blame.
Several hundred persons have enquired at your house for my "Letter to
the Shopkeepers, &c." and you had none to sell them. Pray keep yourself
provided with that letter, and with this; you have got very well by the
former, but I did not then write for your sake, any more than I do now.
Pray advertise both in every newspaper, and let it not be your fault
or mine, if our countrymen will not take warning. I desire you
likewise to sell them as cheap as you can.
I am your servant,
M.B.
Aug. 4, 1724.
The Report of the Committee of the Lords of His
Majesty's most honourable Privy-Council, in
relation to Mr. Wood's Halfpence
and Farthings, etc.[1]
AT THE COUNCIL CHAMBER AT WHITEHALL, THE 24TH DAY
OF JULY, 1724.
In obedience to your Majesty's order of reference, upon the several
resolutions and addresses of both Houses of Parliament of Ireland,
during their late session, the late address of your Majesty's justices,
and Privy-council of that kingdom, and the petitions of the county and
city of Dublin, concerning a patent granted by your Majesty to William
Wood Esq; for the coining and uttering copper halfpence and farthings in
the kingdom of Ireland, to such persons as would voluntarily accept the
same; and upon the petition of the said William Wood, concerning the
same coinage, the Lords of the Committee have taken into their
consideration the said patent, addresses, petitions, and all matters and
papers relating thereto, and have heard and examined all such persons,
as upon due and sufficient notice, were desirous and willing to be heard
upon the subject matter under their consideration, and have agreed upon
the following Report, containing a true state of the whole matter, as it
appeared before them, with their humble opinion, to be laid before your
Majesty for your royal consideration and determination, upon a matter of
such importance.
[Footnote 1: For the story of the origin of this report see the Note
prefixed to Letter III. [T.S.]]
The several addresses to your Majesty from your subjects of Ireland,
contain in general terms the strongest representations of the great
apprehensions they were under, from the importing and uttering copper
halfpence and farthings in Ireland, by virtue of the patent granted to
Mr. Wood, which they conceived would prove highly prejudicial to your
Majesty's revenue, destructive of the trade and commerce of the kingdom,
and of dangerous consequence to the properties of the subject. They
represent, That the patent had been obtained in a clandestine and
unprecedented manner, and by notorious misrepresentations of the state
of Ireland; That if the terms of the patent had been complied with, this
coinage would have been of infinite loss to the kingdom, but that the
patentee, under colour of the powers granted to him, had imported and
endeavoured to utter great quantities of different impressions, and of
less weight, than required by the patent, and had been guilty of
notorious frauds and deceit in coining the said copper money: And they
humbly beseech your Majesty, that you would give such directions, as in
your great wisdom you should think proper, to prevent the fatal effects
of uttering any half pence or farthings by virtue of the said patent:
And the House of Commons of Ireland, in a second address upon this
subject, pray, That your Majesty would be pleased to give directions to
the several officers intrusted in the receipt of your Majesty's revenue,
That they do not on any pretence whatever, receive or utter any of the
said copper halfpence or farthings.
In answer to the addresses of the Houses of Parliament of Ireland, your
Majesty was most graciously pleased to assure them, "That if any abuses
had been committed by the patentee, you would give the necessary orders
for enquiring into and punishing those abuses; and that your Majesty
would do everything, that was in your power, for the satisfaction of
your people."
In pursuance of this your Majesty's most gracious declaration, your
Majesty was pleased to take this matter into you royal consideration;
and that you might be the better enabled effectually to answer the
expectations of your people of Ireland, your Majesty was pleased by a
letter from Lord Carteret, one of your principal secretaries of state,
dated March 10, 1723-4, to signify your pleasure to your Lord Lieutenant
of Ireland, "That he should give directions for sending over such papers
and witnesses as should be thought proper to support the objections made
against the patent, and against the patentee, in the execution of the
powers given him by the patent."
Upon the receipt of these your Majesty's orders, the Lord Lieutenant, by
his letter of the 20th of March, 1723-4, represented the great
difficulty he found himself under, to comply with these your Majesty's
orders; and by another letter of the 24th of March 1723-4, "after
consulting the principal members of both Houses, who were immediately in
your Majesty's service, and of the Privy Council," acquainted your
Majesty, "That none of them would take upon them to advise, how any
material persons or papers might be sent over on this occasion; but they
all seemed apprehensive of the ill temper any miscarriage, in a trial,
upon scire facias brought against the patentee, might occasion in both
Houses, if the evidence were not laid as full before a jury, as it was
before them," and did therefore, a second time, decline sending over
any persons, papers or materials whatsoever, to support this charge
brought against your Majesty's patent and the patentee.
As this proceeding seemed very extraordinary, that in a matter that had
raised so great and universal a clamour in Ireland, no one person could
be prevailed upon to come over from Ireland, in support of the united
sense of both Houses of Parliament of Ireland; That no papers, no
materials, no evidence whatsoever of the mischiefs arising from this
patent, or of the notorious frauds and deceit committed in the execution
of it, could now be had, to give your Majesty satisfaction herein; "your
Majesty however, desirous to give your people of Ireland all possible
satisfaction, but sensible that you cannot in any case proceed against
any of the meanest of your subjects, but according to the known rules
and maxims of law and justice," repeated your orders to your Lord
Lieutenant of Ireland, that by persuasion, and making proper allowances
for their expenses, new endeavours might be used to procure and send
over such witnesses as should be thought material to make good the
charge against the patent.
In answer to these orders, the Lord Lieutenant of Ireland acquaints your
Majesty, by his letter of the 23d of April to one of your principal
secretaries of state, "That in order to obey your Majesty's commands as
far as possibly he could, at a meeting with my Lord Chancellor, the
Chief Judges, your Majesty's Attorney and Solicitor-General, he had
earnestly desired their advice and assistance, to enable him to send
over such witnesses as might be necessary to support the charge against
Mr. Wood's patent, and the execution of it. The result of this meeting
was such, that the Lord Lieutenant could not reap the least advantage or
assistance from it, every one being so guarded with caution, against
giving any advice or opinion in this matter of state, apprehending great
danger to themselves from meddling in it."
The Lords of the Committee think it very strange, that there should be
such great difficulty in prevailing with persons, who had already given
their evidence before the Parliament of Ireland, to come over and give
the same evidence here, and especially, that the chief difficulty should
arise, from a general apprehension of a miscarriage, in an enquiry
before your Majesty, or in a proceeding by due course of law, in a case,
where both Houses of Parliament had declared themselves so fully
convinced, and satisfied upon evidence, and examinations taken in the
most solemn manner.
At the same time that your Majesty sent your orders to the Lord
Lieutenant of Ireland, to send over such evidences as were thought
material to support the charge against the patent, that your Majesty
might, without any further loss of time than was absolutely necessary,
be as fully informed as was possible, and that the abuses and frauds
alleged to be committed by the patentee, in executing the powers granted
to him, might be fully and strictly enquired into, and examined, your
Majesty was pleased to order that an assay should be made of the
fineness, value, and weight of this copper money, and the goodness
thereof, compared with the former coinages of copper money for Ireland,
and the copper money coined in your Majesty's Mint in England; and it
was accordingly referred to Sir Isaac Newton, Edward Southwell, and
Thomas Scroope, Esqs. to make the said assay and trial.
By the reports made of this assay, which are hereunto annexed, it
appears,[2] "That the pix of the copper moneys coined at Bristol by Mr.
Wood for Ireland, containing the trial pieces, which was sealed and
locked up at the time of coining, was opened at your Majesty's mint at
the Tower; that the comptroller's account of the quantities of halfpence
and farthings coined, agreed with Mr. Wood's account, amounting to 59
tons, 3 hundred, 1 quarter, 11 pounds, and 4 ounces; That by the
specimens of this coinage, which had from time to time been taken from
the several parcels coined, and sealed up in papers, and put into the
pix, 60 halfpence weighed 14 ounces troy, and 18 penny-weight, which is
about a quarter of an ounce above one pound weight avoirdupois; and 30
farthings weighed 3 ounces and 3 quarters of an ounce troy, and 46
grams, which is also above the weight required by the patent. It also
appears, that both halfpence and farthings when heated red-hot spread
thin under the hammer without cracking; that the copper of which Mr.
Wood's coinage is made, is of the same goodness and value with the
copper of which the copper money is coined in your Majesty's mint for
England, and worth in the market about 13 pence per pound weight
avoirdupois; That a pound of copper wrought into bars of fillets, and
made fit for coinage, before brought into the mint at the Tower of
London, is worth 18 pence per pound, and always cost as much, and is
coined into 23 pence of copper money by tale, for England; It likewise
appears, that the halfpence and farthings coined by Mr. Wood, when
compared with the copper money coined for Ireland, in the reigns of King
Charles II. King James II. and King William and Queen Mary, considerably
exceeds them all in weight, very far exceeds them all in goodness,
fineness, and value of the copper, none of them bearing the fire so
well, not being malleable, wasting very much in the fire, and great part
of them burning into a cinder of little or no value at all; Specimens
of all which, as likewise of Mr.
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