But then again, suppose the Money to be Coyned shall be (as our Mill’d Money and diminished hammer’d Money is) pretty near the Intrinsick value of the Silver in each piece, and this will doubtless facilitate Exportation. If a Foreigner for instance bring to _London_ and sells 40 Bales of raw Silk, or 40 Tun of Wine, and meets not here with such a Market for the buying of other Commodities to be Transported as he expected, perhaps those he wants are not of our Growth or Manufacture, or it may be he is in hast, or the Season calls him home; how easie is it for him to sheer away, and go to another Market, having Money in his Pocket passable every where, at the rate he took it, that inconsiderable allowance for Coynage only excepted! This I think is plain, but as yet there is more in it than so; and suppose it, any other Nations turn to want Silver as much as we now do, and Silver should be there at an higher price than with us, then our Money becomes good Merchandice, and he gets most who carries most over: And the lower the value of our Coyn is the less Foreign Commodities we shall have for it. You’ll Prohibit you’ll say the exporting of it, and so you have upon pain of Death prohibited the Exportation of our Wooll, yet to the comfort of our Grasiers ’tis still Exported, though it’s very bulky Ware. But Money lies in a small Compass, a Sea Captain knows very little of his chief business if he knows not where to stow a 1000 _l._ undiscovered. And if after all we should be very severe in the execution of such prohibitory Laws, it would put such a damp to Foreign Trade as every body is not aware of. And indeed if Money were not allowed to be a commodity, yet ’tis a Pledge and Surety of every Traders Property, and I am not reconciled to the Justice of that Law which forbids a man to take his Pledge along with him. Such a Law makes money nothing but a Commodity, and then we must pay dear for what we buy of Foreigners, for most men will sell Cheaper than they will Barter. This Article needs I think no more illustration, if it doth the Merchants can tell more of it than I, and I hope they will grant me this Conclusion. _That if our_ English _Money will pass in any other Country for as much as it doth here, ’tis impracticable to hinder the Exportation of it_. CHAP. VI. _Of melting down the current Coyn of_ England _by our Goldsmiths and other Artificers_. Another great grievance of the Nation in the matters of Coyn may be thought the melting of it down. This hath been a vile and great practice for many Years. The Criminals have been under two temptations: 1. The inequality of the Mint in all the hammered money; some milled Pieces were of more Intrinsick than Extrinsick Value, and some of less, so that in culling out of the bigest, they made an evident advantage.