might get it confirmed under five hundred thousand hands.
Sixthly, he would persuade us, that if we sell five shillings worth of our goods or manufactures for two shillings and four pence worth of copper, although the copper were melted down, and that we could get five shillings in gold and silver for the said goods; yet to take the said two shillings and four pence in copper, would be greatly for our advantage.
And, lastly, he makes us a very fair offer, as empowered by Wood, that if we will take off two hundred thousand pounds in his halfpence for our goods, and likewise pay him three per cent interest for thirty years for a hundred and twenty thousand pounds (at which he computes the coinage above the intrinsick value of the copper) for the loan of his coin, he will after that time give us good money for what halfpence will be then left.
Let me place this offer in as clear a light as I can, to show the insupportable villany and impudence of that incorrigible wretch. First (says he) I will send two hundred thousand pounds of my coin into your country: the copper I compute to be, in real value, eighty thousand pounds, and I charge you with a hundred and twenty thousand pounds for the coinage; so that you see, I lend you a hundred and twenty thousand pounds for thirty years; for which you shall pay me three per cent, that is to say, three thousand six hundred pounds per annum, which in thirty years will amount to a hundred and eight thousand pounds. And when these thirty years are expired, return me my copper, and I will give you good money for it.
