But your news-letter says that an assay was made of the coin. How
impudent and insupportable is this? Wood takes care to coin a dozen or
two half-pence of good metal, sends them to the Tower and they are
approved, and these must answer all that he hath already coined or
shall coin for the future. It is true, indeed, that a gentleman often
sends to my shop for a pattern of stuff, I cut it fairly off, and if
he likes it he comes or sends and compares the pattern with the whole
piece, and probably we come to a bargain. But if I were to buy an
hundred sheep, and the grazier should bring me one single weather fat
and well fleeced by way of pattern, and expect the same price round
for the whole hundred, without suffering me to see them before he was
paid, or giving me good security to restore my money for those that
were lean or shorn or scabby, I would be none of his customer. I have
heard of a man who had a mind to sell his house, and therefore carried
a piece of brick in his pocket, which he showed as a pattern to
encourage purchasers: and this is directly the case in point with Mr.
Wood's assay.
The next part of the paragraph contains Mr. Wood's voluntary proposals
for preventing any future objections or apprehensions.
His first proposal is, that whereas he hath already coined seventeen
thousand pounds, and has copper prepared to make it up forty thousand
pounds, he will be content to coin no more, unless the exigences of
trade require it, though his patent empowers him to coin a far greater
quantity.
To which if I were to answer it should be thus: Let Mr. Wood and his
crew of founders and tinkers coin on till there is not an old kettle
left in the kingdom; let them coin old leather, tobacco-pipe clay, or
the dirt in the streets, and call their trumpery by what name they
please from a guinea to a farthing, we are not under any concern to
know how he and his tribe or accomplices think fit to employ
themselves. But I hope and trust that we are all to a man fully
determined to have nothing to do with him or his ware.
The king has given him a patent to coin half-pence, but hath not
obliged us to take them, and I have already shown in my Letter to the
Shop-keepers, etc., that the law hath not left it in the power of the
prerogative to compel the subject to take any money, beside gold and
silver of the right sterling and standard.
Public-domain text, read in full here on John Shaqi.
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