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The Prose Works of Jonathan Swift, D.D. — Volume 06 - The Drapier's Letters by Jonathan Swift
page 90 of 305 (29%)
to receive large sums in it; for the officers of the crown were
industrious dispensers of it, for which he allowed them a premium. It
was common at that time for one to compound for 1/4 copper, and the
collectors paid nothing else. The country being thus overcharged with a
base coin, everyone tendered it to Col. Moore to be changed. This he
refused, on pretence they were counterfeits.... On this he quitted
coining in 1698, but left us in a miserable condition, which is lively
represented in a Memorial presented by Will. Trench, Esq. to the Lords
of the Treasury, on Mr. Wood's obtaining his patent, and which our
Commissioners referred to.... Col. Moore finding the sweet of such a
patent, applied to King William for a renewal of it; but his petition
being referred to the government of Ireland, the affair was fairly
represented to the king, whereby his designs were frustrated.

"In the reign of the late Queen, application was made by Robert Baird
and William Harnill, Trustees for the garrison which defended
Londonderry, for a patent to coin base money for Ireland ... their
petition was rejected.... Since this time there have been many
applications made for such patents." [T.S.]]

Put the case, that the two Houses of Lords and Commons of England, and
the Privy-council there should address His Majesty to recall a patent,
from whence they apprehend the most ruinous consequences to the whole
kingdom: And to make it stronger if possible, that the whole nation,
almost to a man, should thereupon discover the "most dismal
apprehensions" (as Mr. Wood styles them) would His Majesty debate half
an hour what he had to do? Would any minister dare advise him against
recalling such a patent? Or would the matter be referred to the
Privy-Council or to Westminster-hall, the two Houses of Parliament
plaintiffs, and William Wood defendant? And is there even the smallest
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