The Continental Monthly, Vol. 6, No. 6, December 1864: Devoted To Literature And National PolicyVarious
History
The Continental Monthly, Vol. 6, No. 6, December 1864: Devoted To Literature And National Policy
Various
Literature, Modern -- 19th century -- Periodicals; United States -- Politics and government -- 19th century -- Periodicals
We come to more modern coins. England and Ireland were in continual
trouble about the standard of coinage. On the accession of Mary, she
declared the intention of restoring the old standard of silver coinage,
viz., 11 oz. 2 dwt. fine, to 18 dwt. alloy; but, instead of that, the
new coinage was a pennyweight lower than that of Edward. Nor did it mend
matters that her handsome face and Philip's were on the obverse. The
wits of the day had many a joke over it; and Butler's sarcastic pen
could not omit the opportunity of writing:
'Still amorous, fond, and billing,
Like Philip and Mary upon a shilling.'
The first manifestation of displeasure between the mother country and
the colonies was with Massachusetts, of course. The old Bay State was as
impatient toward masters then as later in the Revolution against George,
and still later with the slaveholders. Charles II. was displeased with
the colonists for coining money, which he considered his royal
prerogative, and intimated to Sir Thomas Temple that they must be
punished, and the business stopped. Sir Thomas was considerable of a
wag, and showed the king one of honest John Hull's shillings, on the
reverse of which was the pine tree. The king asked him what sort of a
tree that was. Upon which Sir Thomas replied that, of course, it was the
royal oak, which had saved his majesty's life. The king smiled at the
courtier's wit; but it is not reported that he allowed Hull to continue
the coinage.
The proverbial misfortunes of Ireland have attended even her coinage,
and her troubles in that direction commenced as early as the reign of
Henry VII. He coined sixpences for Ireland worth only fourpence in
England. Mary issued base shillings and groats for Ireland, and
Elizabeth issued still baser ones, while she purified the coinage of
England. James I. struck copper farthings of two sizes, that if they
failed in England, they might be used in Ireland for pence and
halfpence. Charles I. established a mint in Dublin, but, in the
confusion attendant upon his death, the Irish lost it. Cromwell gave
them tokens in place of coins of the realm; and James II. base silver
money, made principally from brass cannon, and even this alloyed stuff
was gradually diminished in size. White metal followed, then lead, and
finally tin. George I. granted a patent to William Wood in 1737 for
coining pence and halfpence for Ireland, but he coined them of smaller
size than was stipulated in the patent. Dean Swift, with his merciless
satire, drove them out of Ireland, and his majesty, having no use for
them in England, sent them to his American colonies. Circulating media
were scarce here at that time, and anything in the shape of coins was
welcome. George II. did better for Ireland, and gave her honest coins.
In 1760 the famous _voce populi_ halfpenny appeared, a company of
gentlemen in Dublin having obtained permission to issue them. There was
a bit of quiet revenge in this halfpenny. The head of the sovereign,
Public-domain text, read in full here on John Shaqi.
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