A further cause of disaffection lay in the general impression that the monarch was tampering with the coinage. This impression had its origin naturally enough in the fact that the general diet held in January had repudiated the Swedish "klippings." The reason given for that act was that, the Danish "klippings" having been repudiated in Denmark the year before, merchants were bringing barrelfuls of them into Sweden; so that the Swedish "klipping," being scarcely discernible from its Danish namesake, fell constantly in value, its fluctuations depending upon the importations of the repudiated coin from Denmark. In the Act repudiating the Swedish "klipping" that coin was declared to be worth four "hvitar;" that is, about one half of the amount which the crown had received in issuing it. The outcry which this Act called forth was universal, and the king was forced to issue a letter to the people in which he endeavored to allay their wrath. "We have never," he declared with brazen falsehood,--"we have never altered the coinage either by raising or by lowering its value, but have permitted each coin to pass for the same value as it had before;" and he added with bland simplicity, "the coin has fallen by its own weight." The striking feature in this matter is the audacity of the king. He trusted that the people generally would not have access to the documents which we now possess to contradict him. After issuing this mendacious letter, he approached the Stockholm merchants, and, by certain persuasive arguments whose nature it is easy to conceive, prevailed upon them to deposit all their "klippings" in the treasury, to be weighed and bought by the Government at their actual bullion value. He then began the issue of a new series of coins approximating though still below their face value, and published another letter, this time acknowledging that he had repudiated the "klippings," but asserting that the step was taken to comply with a suggestion made him by the people.[93]