The Report is very profuse in arguments, that Ireland is in great want
of copper money.[15] Who were the witnesses to prove it, hath been shewn
already, but in the name of God, Who are to be judges? Does not the
nation best know its own wants? Both Houses of Parliament, the
Privy-council and the whole body of the people declare the contrary: Or
let the wants be what they will, We desire they may not be supplied by
Mr. Wood. We know our own wants but too well; they are many and grievous
to be borne, but quite of another kind. Let England be satisfied: As
things go, they will in a short time have all our gold and silver, and
may keep their adulterate copper at home, for we are determined not to
purchase it with our manufactures, which Wood hath graciously offered to
accept. Our wants are not so bad by an hundredth part as the method he
hath taken to supply them. He hath already tried his faculty in
New-England,[16] and I hope he will meet at least with an equal
reception here; what _that_ was I leave to public intelligence. I am
supposing a wild case, that if there should be any person already
receiving a monstrous pension out of this kingdom, who was instrumental
in procuring this patent, they have either not well consulted their own
interests, or Wood must[17] put more dross into his copper and still
diminish its weight.
[Footnote 15: On this subject of the want of small money in Ireland,
Monck Mason traverses the Report in the following manner:
"There appears to be a manifest prevarication in their lordships' report
upon this part of the subject; they state, that the witnesses testified,
that there was a want of small money in Ireland; they attempt,
therefore, to impose a copper currency, which certainly was not wanted.
To satisfy the reader upon this point, I shall quote, from the
unpublished correspondence of Archbishop King, the following extracts:
the first, from his letter to General Gorge, dated the 17th October,
1724, is to the following purpose.
"'... As to our wanting halfpence for change, it is most false; we have
more halfpence than we need, already; it is true, we want change; but it
is sixpences, shillings, half-crowns, and crowns; our silver and our
guineas being almost gone; and the general current coin of the kingdom
is now moydores, which are thirty shillings a-piece; at least nine pence
above the value in silver: now, they would have us change these for
halfpence, and so the whole cash of the kingdom would be these
halfpence.' ...
"But the true state of the case, as to coin, is more circumstantially
developed in the following letter of the same prelate to Mr. Southwell,
which was written a few months before, viz., on the 9th June, 1724.
Public-domain text, read in full here on John Shaqi.
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