The Prose Works of Jonathan Swift, D.D. — Volume 06 - The Drapier's Letters by Jonathan Swift
page 88 of 305 (28%)
page 88 of 305 (28%)
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1694 forced to leave off coining, before the end of that year, by the
great crowds of people continually offering to return his coinage upon him. In 1698 he coined again, and was forced to give over for the same reason. This entirely alters the case; for there is no such condition in Wood's patent, which condition was worth a hundred times all other limitations whatsoever.[5] [Footnote 5: It will serve to elucidate this paragraph if an account be given of the various coinage patents issued for Ireland. Monck Mason gives an account in a long note to his biography of Swift; but as he has obtained it from the very ably written tract, "A Defence of the Conduct of the People of Ireland," etc., I have gone to that pamphlet for the present _résumé_. I quote from pp. 21-24 of the Dublin edition, issued in 1724 and printed by George Ewing: "K. Charles 2d. 1660 granted a patent for coining only farthings for the kingdom of Ireland to Coll. Armstrong: But I do not find he ever made any use of it.[A] For all our copper and brass money to the year 1680 was issued by private persons, who obtained particular licences, _on giving security to change their half-pence and farthings for gold and silver_; but some of their securities failing, others pretending the half-pence which were tendered to be changed were counterfeits, the public always suffered. Col. Armstrong's son, finding great profit was made by coining half-pence in Ireland, by virtue of particular licences recallable at pleasure, solicited and obtained a patent in the name of George Legg afterwards Lord Dartmouth, for coining half-pence for Ireland from 1680, for 21 years, _he giving security to exchange them for gold or silver on demand_.[B] In pursuance of this he coined considerable quantities of half-pence for four years; but in 1685 [John] Knox, with the consent of Armstrong, got the remaining part of this term |
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