Page:The Works of the Rev. Jonathan Swift, Volume 9.djvu/27

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LETTER I.
17

for this kingdom; which patent, however, did not oblige any one here to take them, unless they pleased. Now you must know, that the halfpence and farthings in England pass for very little more than they are worth; and if you should beat them to pieces, and sell them to the brasier, you would not lose much above a penny in a shilling. Bur Mr. Wood made his halfpence of such base metal, and so much smaller than the English ones, that the brasier would hardly give you above a penny of good money for a shilling of his; so that this sum of 108000l. in good gold and silver, must be given for trash, that will not be worth above eight or nine thousand pounds real value. But this is not the worst; for, Mr. Wood, when he pleases, may by stealth send over another 108000l. and buy all our goods for eleven parts in twelve under the value. For example, if a hatter sells a dozen of hats for five shillings apiece, which amounts to three pounds, and receives the payment in Wood's coin, he really receives only the value of five shillings.

Perhaps, you will wonder how such an ordinary fellow, as this Mr. Wood, could have so much interest, as to get his majesty's broad seal for so great a sum of bad money to be sent to this poor country; and that all the nobility and gentry here could not obtain the same favour, and let us make our own halfpence, as we used to do. Now I will make that matter very plain: we are at great distance from the king's court, and have nobody there to solicit for us, although a great number of lords and 'squires, whose estates are here, and are our countrymen, spend all their lives and fortunes there: but this same Mr. Wood was able to attend constantly

Vol. IX.
C
for