dom, out of the same, but either he must be
ruined in the undertaking or the nation undone by his project, in taking
such light money, by reason of ten per cent, duty, and probably this
session be made twenty or thirty per cent duty, and the exchange nine or
ten per cent. Ten per cent abated to circulate them. Ten per cent
factorage, freight, gabberage, key-porters, &c. all which is forty per
cent, charged on the same.

17th. That if the said Wood was obliged to make his light money not to
exceed two shillings in the pound weight according to the English coin,
he would give up such grant, for six pence in each pound weight is 25
per cent.

18th. That the said twenty-five per cent is 19,360_l._ sterl. on the
said 360 ton of copper, loss to this nation, by being coined out of this
Kingdom, besides 80,690_l._ of gold and silver sent out of the Kingdom
for brass or copper money.

19th. That the copper mines of this Kingdom is believed to be the metal
such copper is made of, which verifies the English saying, That Irish
people are wild, that would part with 200,000_l._ sterl. of their gold
and silver, for their own copper mines, which cost them not one pound
sterl.

20th. That the said Wood's factors probably may send in fourteen years
double the quantity of copper which is 720 ton, then this Kingdom loses
38,720_l._ sterl. and parts with 161,280_l._ sterl. of their gold and
silver for almost nothing.

21st. If any great sum was to be raised by this nation, on any emergency
extraordinary, to serve his Majesty and his Kingdom how would it be
possible to do the same; copper half-pence would not stem the tide, no
silver now to be had of value, then no gold to be seen.

22d. That England also must be a great loser by such money, by reason
the said half-pence being from 20 to 40 grains lighter and less in value
than their own, so that the same will not pass in that Kingdom scarce
for farthings a piece, how then shall the vast quantities of goods be
paid for, that are brought from that Kingdom here, a considerable part
of this island must be broke and run away for want of silver and gold to
pay them their debts.

23d. That if the said Wood should get all that money, what power would
he regard, and what temptation would he be subject unto on that head, he
is but a man, and one almost as little known or heard of, as any one
subject the king has on this side the water.

24th. That the vast quantity of sea-coal brought from