Chap. IX
A Toleration for Forraign Coins to pass current here at higher rates then their value with our Standard, will not encrease our Treasure.
The discreet Merchant for the better directing of his trade and his exchanges by bills to and from the several places of the world where he is acustomed to deal, doth carefully learn the Parity or equal value of the monies according to their weight and fineness compared with our Standard,Merchants do or ought to know the weight and fineness of forraign Coins. whereby he is able to know perfectly the just profit or loss of his affairs. And I make no doubt but that we trade to divers places where we vent off our native commodities yearly, to a great value, and yet find few or no wares there fitting our use, whereby we are enforced to make our returns in ready mony, which by us is either carried into some of the Countries to be converted into wares which we want, or else it is brought into the Realm in Specie; which being tolerated to pass current here in payment at higher rates then they are worth to be Coined into sterling mony; that seemeth very probable that the greater quantity will be brought in: but when all the circumstances are duly considered, this course
