Great Britain -- Economic conditions; Great Britain -- Social conditions
_The oath of the searchers._--You shall swear that you will well and
lawfully make search of all the things contained in your commission
whereof search ought to be made according to the commission, and that
you will lawfully perform all the other things contained in the same,
and that you will lawfully charge yourself with that which you shall
find forfeited to the King and will make a lawful indenture thereof and
render a lawful account, and that you will spare none for love or for
favour, to have private gain, whereby the King may be a loser. So help
you God and his saints.
9. OPINIONS OF OFFICERS OF THE MINT ON THE STATE OF ENGLISH MONEY [_Rot.
Parl., III._, 126-7], 1381-2.
To our lord the King and to all the lords and commons of his realm, make
known, as they have often done before these times without being heard,
the officers over the moneys of the Tower of London, how for lack of
good ordinance no gold or silver comes into England, but of that which
is in England a great part has been and from day to day is carried out
of the land, and that which remains in England by fault of the deceit of
clippers and otherwise is become right feeble, and from day to day such
damage increases. Wherefore please it you to take good counsel and
remedy hereon, otherwise we, the said officers, warn you, and before God
and before you we will be excused, that if you do not apply a speedy
remedy thereto in short time to come, where you think to have 5s. you
will not have 4s.
_Richard Leicester._--First, as to this that no gold or silver comes
into England, but that which is in England is carried beyond the sea, I
maintain that it is because the land spends too much in merchandise, as
in grocery, mercery and peltry, or wines, red, white and sweet, and also
in exchanges made to the Court of Rome in divers ways. Wherefore the
remedy seems to me to be that each merchant bringing merchandise into
England take out of the commodities of the land as much as his
merchandise aforesaid shall amount to; and that none carry gold or
silver beyond the sea, as it is ordained by statute. And let a good
ordinance be made hereof, as well by search as otherwise. And so meseems
that the money that is in England will remain, and great quantity of
money and bullion will come from the parts beyond the sea.
As to this, that the gold is right feeble because of clipping, there
seems to me no other remedy than that gold be generally weighed by those
who shall take it; and hereon let proclamation be made, and this will be
a smaller loss than to change the money, as may be more fully declared.
As to this, that there is a great lack of halfpence and farthings, the
Master is bound by his indenture to make halfpence according to the
quantity of his work of silver. Let the Warden of the Mint be charged to
survey that the Master of the Mint do in all points that which
appertains to his office.
Public-domain text, read in full here on John Shaqi.
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