I will now, my dear friends, to save you the trouble, set before you,
in short, what the law obliges you to do, and what it does not oblige
you to.
First, You are oblig'd to take all money in payments which is coin'd
by the king and is of the English standard or weight, provided it be
of gold or silver.
Secondly, You are not oblig'd to take any money which is not of gold
or silver, not only the half-pence or farthings of England, or of any
other country; and it is only for convenience, or ease, that you are
content to take them, because the custom of coining silver half-pence
and farthings hath long been left off, I will suppose on account of
their being subject to be lost.
Thirdly, Much less are we oblig'd to take those vile half-pence of
that same Wood, by which you must lose almost eleven-pence in every
shilling.
Therefore, my friends, stand to it one and all, refuse this filthy
trash: it is no treason to rebel against Mr. Wood; his majesty in his
patent obliges nobody to take these half-pence; our gracious prince
hath no so ill advisers about him; or if he had, yet you see the laws
have not left it in the king's power, to force us to take any coin but
what is lawful, of right standard, gold and silver; therefore you have
nothing to fear.
And let me in the next place apply myself particularly to you who are
the poor sort of tradesmen: perhaps you may think you will not be so
great losers as the rich if these half-pence should pass, because you
seldom see any silver, and your customers come to your shops or stalls
with nothing but brass, which you likewise find hard to be got; but
you may take my word, whenever this money gains footing among you, you
will be utterly undone; if you carry these half-pence to a shop for
tobacco or brandy, or any other thing you want, the shop-keeper will
advance his goods accordingly, or else he must break and leave the key
under the door. Do you think I will sell you a yard of tenpenny stuff
for twenty of Mr. Wood's half-pence? No, not under two hundred at
least, neither will I be at the trouble of counting, but weigh them in
a lump. I will tell you one thing further, that if Mr. Wood's project
should take it will ruin even our beggars: for when I give a beggar an
half-penny, it will quench his thirst, or go a good way to fill his
belly; but the twelfth part of a half-penny will do him no more
service than if I should give him three pins out of my sleeve.
Public-domain text, read in full here on John Shaqi.
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