pass for ten pounds, a shilling for twenty shillings and so on; by which he would, in a short time, get all the silver and gold of the kingdom into his own hands, and leave us nothing but brass or leather, or what he pleased. Neither is any thing reckoned more cruel and oppressive in the French government, than their common practice of calling in all their money, after they have sunk it very low, and then coining it anew at a much higher value; which, however, is not the thousandth part so wicked as this abominable project of Mr. Wood. For, the French give their subjects silver for silver, and gold for gold; but this fellow will not so much as give us good brass or copper for our gold and silver, nor even a twelfth part of their worth.
Having said this much, I will now go on to tell you the judgment of some great lawyers in this matter; whom I feed on purpose for your sakes, and got their opinions under their hands, that I might be sure I went upon good grounds.
A famous law-book, called the Mirror of Justice, discoursing of the charters (or laws) ordained by our ancient kings, declares the law to be as follows: it was ordained that no king of this realm should change or impair the money, or make any other money than of gold or silver, without the assent of all the counties; that is, as my lord Coke[1] says, without the assent of parliament.
This book is very ancient, and of great authority for the time in which it was written, and with that character is often quoted by that great lawyer
- ↑ I Inst. 576.
