mories whenever they shall have farther notice of Mr. Wood's
halfpence, or any other the like imposture.

LETTER II.

TO MR. HARDING THE PRINTER.

NOTE.

Towards the beginning of the August of 1724, the Committee of Inquiry
had finished their report on Wood's patent. Somehow, an advance notice
of the contents of the report found its way, probably directed by
Walpole himself, into the pages of a London journal, from whence it was
reprinted in Dublin, in Harding's Newspaper on the 1st of August. The
notice stated that the Committee had recommended a reduction in the
amount of coin Wood was to issue to L40,000. It informed the public that
the report notified that Wood was willing to take goods in exchange for
his coins, if enough silver were not to be had, and he agreed to
restrict the amount of each payment to 5-1/2_d_. But a pretty broad hint
was given that a refusal to accept the compromise offered might possibly
provoke the higher powers to an assertion of the prerogative.

Walpole also had already endeavoured to calm the situation by consenting
to a minute examination of the coins themselves at the London Mint. The
Lords Commissioners had instructed Sir Isaac Newton, the Master of the
Mint, Edward Southwell, and Thomas Scroope, to make an assay of Wood's
money. The report of the assayists was issued on April 27th, 1724;[1]
and certified that the coins submitted had been tested and found to be
correct both as to weight and quality. In addition to this evidence of
good faith, Walpole had nominated Carteret in place of the Duke of
Grafton to the Lord-Lieutenancy. Carteret was a favourite with the best
men in Ireland, and a man of culture as well as ability. It was hoped
that his influence would smooth down the members of the opposition by an
acceptance of the altered measure. He was in the way in London, and he
might be of great service in Dublin; so to Dublin he went.

[Footnote 1: A full reprint of this report is given in Appendix II.]

But Walpole had not reckoned with the Drapier. In the paragraph in
Harding's sheet, Swift saw a diplomatist's move to win the game by
diplomatic methods. Compromise was the one result Swift was determined
to render impossible; and the Drapier's second letter, "To Mr. Harding
the Printer," renews the conflict with yet stronger passion and with
even more satirical force. It is evident Swift was bent now on raising a
deeper question than merely this of the acceptance or re