This may conveniently and safely enough be done before any new Money be coin’d. _When this is new Coin’d, let it be re-deliver’d to the respective Proprietors in proportion, by Tale, to what every one brought into the Mint by Tale._ _Then let all the rest of the Clipt Money be Called in by such a Day, and Cry’d down._ [Sidenote: Postulat. 6, 7.] _And supposing in all_ 2000000 l. _Sterling so melted down, and the Product, after Melting, be half as much, or about_ 3500000 _Ounces of Silver, there may out of this be Coin’d_ 1250000 l. _of New Money, of the same extrinsick value it now hath, and of such an intrinsick value, as that a Crown Piece shall weigh (now that Silver is_ 6 s. 6 d. _an Ounce, or_ 3 l. 18 s. _the Pound Troy) Twelve-penny weight, and about three grains, and have in it the intrinsick value of_ 4 s. _So that the Government hath already saved Two hundred and fifty thousand Pound_. Then will it be known in how short time 1000000 _l._ can be Coined. _According to that time, supposing it (many Mints being set up at once) to be Two Months, let a Proclamation be issued out, encouraging the bringing in_ 4000000 _Ounces of Plate into the Mint, at Four respective Days or Weeks_. _For the first Million, till the end of the first fortnight, shall be paid_ 7 s. 4 d. per _Ounce, which amounts to_ 366666 l. 13 s. 4 d. _till the end of the second fortnight, shall be paid_ 7 s. 2 d. _an ounce, which comes to_ 358333 l. 6 s. 8 d. _till the end of the third fortnight, shall be paid_ 7 s. _an ounce, amounting to_ 350000 l. _And for the last Million_ 6 s. 10 d. _an ounce, amounting to_ 341666 l. 13 s. 4 d. _in all_ 1416666 l. 13 s. 4 d. _So that for one ounce with another, the Government has paid_ 7 s. 1 d. _an ounce_. It may be thought, that a great deal of this may be saved, and perhaps Six-pence in an ounce, which amounts to One hundred thousand Pounds, and that Six shillings and seven pence would be Temptation enough, when the Price of Silver is like to Fall. But I am now providing for the worst Contingences, and the severest Suppositions that may be. Yet the Frugalest way, I presume, would be, to leave the Management of this Article wholly to the _Lords_ of the _Treasury_, who, by publick notice, may vary _pro re natâ_, the _Præmium_ for bringing in Plate, and perhaps may think it expedient nevertheless to begin high, and to abate the _Præmium_ according to the quantity brought in; and after one or two Abatements, People may perhaps bring it in the faster, fearing a greater Fall: Whereas if the _Lords_ of the _Treasury_ should begin low, and afterwards be forced to raise the _Præmium_ higher, Peoples Hopes of their still advancing of it more, would restrain ’em from making so much haste as the necessities of State require. _We suppose then this Silver to be Coining every Day as fast as possible, and that the_ 250000 l. _saved by the Government out of the first Million, shall begin to pay for the Plate, as it comes in_.