Page:Mun - England's treasure by forraign trade.djvu/97

From Wikisource
Jump to navigation Jump to search
This page has been proofread, but needs to be validated.

France it self to this day. Nay we will grant likewise that the Banks were banished, when the Bankers were punished; yet all this proves nothing against Exchangers, for Kings and States enact many Statutes, and suddenly repeale them, they do and undo;Mainenance of free trade, p. 76, 77, 78, and 79. Princes may err, or else Malynes is grosly mistaken, where he setteth down 35 several Statutes and other ordinances enacted by this State in 350 years time to remedy the decay of Trade, and yet all are found defective; only his reformation of the Exchange, or Par pro Pari, is effectual, if we would believe him; but we know better, and so we leave him.

I might here take occasion to say something against another project of the same brood that lately attended upon the sucess of this Par pro pari, as I have been credibly informed, which is, the changing and re-changing here within the Realm, of all the Plate, Bullion and Monies, Forraign or Sterling, to pass only by an office called, The Kings Royal Exchanger, or his Deputies, paying them a Peny upon the value of every Noble: which might raise much to their private good, and destroy more to the publique hurt. For it would decay the Kings Coinage, deprive the Kingdom of much Treasure, abridge the Subjects of their just liberty, and utterly overthrow the worthy trade of the Goldsmiths, all which being plain and easie to the weakest understandings, I will therefore omit to amplify upon these particulars.