I remember when there was a great deal of _Clipt_ and _Counterfeit Money_, and very Plenty of both, that every one that had either a Counterfeit Piece, or Money that was cut very small, always studied what to _buy_ with it, that they might pass the one away, or part with the other. The Difference to the _East-India_ Company, in buying _Bullion_, or _Pieces of Eight_, in _Holland_, is Seven or Eight _per Cent._ more than what it stands them in when they can be supply'd with it at Home; and if they were prohibited the _Exportation_ of _Bullion_ from _Foreign Countries_, and suffer'd to export our own _Coin_, or such Ingots as shall have the _Tower-Mark_, our _Government_ would have the Advantage which the _Dutch_ now gain, and no Loss to the _East-India_ Company. For it will be then equally the same to them, whether they export it from hence, or from _Holland_, to _India_. There is no other Way of preventing our _Bullion_ and _Silver_ being carry'd out of the Land, but by the Prohibition of the one, by paying a Difference to the _Government_; _viz._ such a Difference as comes pretty near to what is lost by _Remittances_; and suffering the other (_viz._ our _Crowns_ and _Half-Crown Pieces_, coin'd with a proportionable Allay) to be exported. All which would help to pay off the _Nation's Debts_, and make us a Flourishing People. Our _Half-Crowns_ and _Crowns_ being recoined to such a Standard, I say, would be of equal Advantage to the _East-India_ Company, whether they exported _Bullion_ or _Pieces of Eight_, from hence or from _Holland_: For by the Bank of _Holland_, or rather _Amsterdam_, all _Exchanges_ are chiefly govern'd; and as the _Hollanders_ are the nearest concern'd with us in _Trade_, so by them we are to regulate and proportion the Difference between our _Bank-Money_ and our Current Cash. * * * * * The Bank of _England_ is establish'd upon the Standard of our present _Coin_: Let it so remain, till the _Government_ sees fit to alter, or pay them off; and let _Bills of Exchange_ be paid _in Banco_, or, if they so please, in Current Cash; the Difference or _Agio_ to be allow'd in like manner as they do in _Holland_. There has been a considerable Profit made, by _Melting down_ and _Exporting_ our own Coin; and there will always be those that will do it, tho' punish'd with Death, as in _Portugal_. And where there is a great Loss in Melting down, or Exporting the _Current Coin_, tho' there is no _Penalty_, the Money will be preserv'd; as in _Holland_. Let the Merchant have a _Profit_ in carrying Gold and Silver to the _Mint_ to be coined, or there will little or none go there: But if the Merchant finds a _Profit_ (tho' small) in the Coinage, there will be great Quantities coined. That they who act with the greatest _Prudence_ and _Honour_, and have most Money, will always have most Credit; this needs no Proof.