The Prose works of Jonathan Swift PDF Jonathan Swift

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English parliaments, however, invariably disregarded these petitions. Instead of the mint the King gave grants or patents by which a private individual obtained the right to mint coins for the use of the inhabitants. The right was most often given for a handsome consideration, and held for a term of years. In 1660 Charles II. granted such a patent to Sir Thomas Armstrong, permitting him to coin farthings for twenty years. It appears, however, that Armstrong never actually coined the farthings, although he had gone to the expense of establishing a costly plant for the purpose.

Small copper coins becoming scarce, several individuals, without permission, issued tokens; but the practice was stopped. In 1680 Sir William Armstrong, son of Sir Thomas, with Colonel George Legg (afterwards Lord Dartmouth), obtained a patent for twenty-one years, granting them the right to issue copper halfpence. Coins were actually struck and circulated, but the patent itself was sold to J

• Book Name: The Prose works of Jonathan Swift pdf
• Author Name Jonathan Swift
• Product Type pdf,epub Digital Book
• Added Year 2010

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