The great acquisition of esteem and influence was made by the Drapier's Letters, in 1724. One Wood, of Wolverhampton, in Staffordshire, a man enterprising and rapacious, had, as is said, by a present to the dutchess of Munster, obtained a patent, empowering him to coin one hundred and eighty thousand pounds of halfpence and farthings for the kingdom of Ireland, in which there was a very inconvenient and embarrassing scarcity of copper coin; so that it was possible to run in debt upon the credit of a piece of money; for the cook or keeper of an alehouse could not refuse to supply a man that had silver in his hand, and the buyer would not leave his money without change. The project was therefore plausible. The scarcity, which was already great, Wood took care to make greater, by agents who gathered up the old halfpence; and was about to turn his brass into gold, by pouring the treasures of his new mint upon Ireland; when Swift, finding that the metal was debased to an enormous degree, wrote letters, under the name of M. B. Drapier, to show the folly of receiving, and the mischief that must ensue by giving gold and silver for coin worth, perhaps, not a third part of its nominal value. The nation was alarmed; the new coin was universally refused; but the governors of Ireland considered resistance to the king's patent as highly criminal; and one Whitshed, then chief justice, who had tried the printer of the former pamphlet, and sent out the jury nine times, till, by clamour and menaces, they were frighted into a special verdict, now presented the Drapier, but could not prevail on the grand jury to find the bill.