A letter to a member of Parliament for settling guineas

A letter to a member of Parliament for settling guineas

Table of contents

A LETTER to a Member of PARLIAMENT for Settling GUINEAS.

[Page]

A LETTER to a Member of PARLIAMENT for Settling GUINEAS.

SIR,

I Have Perused the Paper you sent me, Entituled, Guineas at 21 s. 6d. will make Money Plenty—The People will bear it, &c. And I believe it was Writ by One whose private Interest it is to have them so: He endeavours to answer three Objections.

1. The People will not bear it.

2. It will be carried all away.

3. Not Lent to the KING.

TO the 1st. he says, The People will bear it; and so say I: They must, if compell'd, whether Willing or no: If it will not breed Discontentments, and Heart-Burning, 'tis Well. For People to lose so Prodigiously by them 'tis very Hard. The Gentleman says, Not One in a Thousand will be any great Sufferer, throughout the Kingdom: And yet (within three or four Lines afterwards) he says, He much pitys the Tradesmen, Farmers, and Tenants, both in City and Country: Not Considering they make above three Parts of the Whole of the Kingdom. I know People are for a Settlement what they shall go for, but not for such a One. This I know, When News came from the House, that it was carryed in the Committee at 25 s. I never saw so much Joy and Satisfaction among all People, in the City and Suburbs in my Life, before the other News came that it was thrown out again; and then they were as Dejected. I verily believe, That if they were settled thereabouts for some time, to the next Sessions of Parliament, or a Year, &c. the Taxes would be speedily and cheerfully Paid, and Trading as quick as for Twenty Years last past: 'Tis not amiss to give the People as much Satisfaction and Ease as Possible, under Great Taxes and Dead Trade: And, if the King take them at 25, or 26, and the Deficiency made up by a Tax next Sessions, or otherwise, I Humbly Conceive, it would Content the People better than to lose so much now at once.

Secondly, He says, It will not be carried away. I Answer, It will, if Interest will do it; and 'tis Cheaper to carry it to Holland in Specie, than to Remit it thither by Exchange; [...]nd Guineas too is Cheaper to be carried thither at 24, or 25 s. than to Remit Money.

Thirdly, It will be Lent to the KING. And be better for his Majesty by a fifth Part of all the Supplies given him; and will go a fifth Part farther, I Answer, If it be so, then it is 20 per Cent Gain to to the Government, and loss to the Subject; 'tis well if People are so Satisfied—

I Submit the Whole to Your Judgment: But 'tis my Opinion there is a Necessity they be Settled now, or else declare by a Vote, You will not this Sessions meddle with them more, then they will go for about 24, or 25 s. but at present all Trade stands still almost; and will do till one of these two be done.

G. H.

Information about this book

Title statement

A letter to a member of Parliament for settling guineas

G. H.

Edition statement

1696

Publication

Publisher

Text Creation Partnership,

Place of publication

Ann Arbor, MI ; Oxford (UK) :

Date

2008-09 (EEBO-TCP Phase 1).

ID [DLPS]

A44740

ID [STC]

Wing H31

ID [STC]

ESTC R40534

ID [EEBO-CITATION]

19348460

ID [OCLC]

ocm 19348460

ID [VID]

108756

Availability

This keyboarded and encoded edition of the work described above is co-owned by the institutions providing financial support to the Early English Books Online Text Creation Partnership. This Phase I text is available for reuse, according to the terms of Creative Commons 0 1.0 Universal. The text can be copied, modified, distributed and performed, even for commercial purposes, all without asking permission.

Series

Early English books online.

Notes

(EEBO-TCP ; phase 1, no. A44740)

Transcribed from: (Early English Books Online ; image set 108756)

Images scanned from microfilm: (Early English books, 1641-1700 ; 1672:2)

Source

— A letter to a member of Parliament for settling guineas, G. H..

Extent

1 broadside.

s.n.,. [London? :: 1696]. (Signed at end: G.H.) (Answer to: Guineas at 21s. 6d. will make money plenty (1696).) (Place and date of publication suggested by Wing.) (Reproduction of original in the Goldsmith's Library.)

Creation

Created by converting TCP files to TEI P5 using tcp2tei.xsl, TEI @ Oxford.

Editorial practices

EEBO-TCP is a partnership between the Universities of Michigan and Oxford and the publisher ProQuest to create accurately transcribed and encoded texts based on the image sets published by ProQuest via their Early English Books Online (EEBO) database (http://eebo.chadwyck.com). The general aim of EEBO-TCP is to encode one copy (usually the first edition) of every monographic English-language title published between 1473 and 1700 available in EEBO.

EEBO-TCP aimed to produce large quantities of textual data within the usual project restraints of time and funding, and therefore chose to create diplomatic transcriptions (as opposed to critical editions) with light-touch, mainly structural encoding based on the Text Encoding Initiative (http://www.tei-c.org).

The EEBO-TCP project was divided into two phases. The 25,363 texts created during Phase 1 of the project have been released into the public domain as of 1 January 2015. Anyone can now take and use these texts for their own purposes, but we respectfully request that due credit and attribution is given to their original source.

Users should be aware of the process of creating the TCP texts, and therefore of any assumptions that can be made about the data.

Text selection was based on the New Cambridge Bibliography of English Literature (NCBEL). If an author (or for an anonymous work, the title) appears in NCBEL, then their works are eligible for inclusion. Selection was intended to range over a wide variety of subject areas, to reflect the true nature of the print record of the period. In general, first editions of a works in English were prioritized, although there are a number of works in other languages, notably Latin and Welsh, included and sometimes a second or later edition of a work was chosen if there was a compelling reason to do so.

Image sets were sent to external keying companies for transcription and basic encoding. Quality assurance was then carried out by editorial teams in Oxford and Michigan. 5% (or 5 pages, whichever is the greater) of each text was proofread for accuracy and those which did not meet QA standards were returned to the keyers to be redone. After proofreading, the encoding was enhanced and/or corrected and characters marked as illegible were corrected where possible up to a limit of 100 instances per text. Any remaining illegibles were encoded as <gap>s. Understanding these processes should make clear that, while the overall quality of TCP data is very good, some errors will remain and some readable characters will be marked as illegible. Users should bear in mind that in all likelihood such instances will never have been looked at by a TCP editor.

The texts were encoded and linked to page images in accordance with level 4 of the TEI in Libraries guidelines.

Copies of the texts have been issued variously as SGML (TCP schema; ASCII text with mnemonic sdata character entities); displayable XML (TCP schema; characters represented either as UTF-8 Unicode or text strings within braces); or lossless XML (TEI P5, characters represented either as UTF-8 Unicode or TEI g elements).

Keying and markup guidelines are available at the Text Creation Partnership web site.