from Scotland, as
appears from a proclamation prohibiting the Importation of them in 1697"
("History St. Patrick's Cathedral," p, 340, note d.) [T.S.]]

The next part of the paragraph contains Mr. Wood's voluntary proposals
for "preventing any future objections or apprehensions."

His first proposal is, that "whereas he hath already coined seventeen
thousand pounds, and has copper prepared to make it up forty thousand
pounds, he will be content to coin no more, unless the EXIGENCES OF
TRADE REQUIRE IT, though his patent empowers him to coin a far greater
quantity."

To which if I were to answer it should be thus: "Let Mr. Wood and his
crew of founders and tinkers coin on till there is not an old kettle
left in the kingdom: let them coin old leather, tobacco-pipe clay or the
dirt in the streets, and call their trumpery by what name they please
from a guinea to a farthing, we are not under any concern to know how he
and his tribe or accomplices think fit to employ themselves." But I hope
and trust, that we are all to a man fully determined to have nothing to
do with him or his ware.

The King has given him a patent to coin halfpence, but hath not obliged
us to take them, and I have already shewn in my "Letter to the
Shopkeepers, &c." that the law hath not left it in the power of the
prerogative to compel the subject to take any money, beside gold and
silver of the right sterling and standard.

Wood further proposes, (if I understand him right, for his expressions
are dubious) that "he will not coin above forty thousand pounds, unless
the exigences of trade require it." First, I observe that this sum of
forty thousand pounds is almost double to what I proved to be sufficient
for the whole kingdom, although we had not one of our old halfpence
left. Again I ask, who is to be judge when the exigences of trade
require it? Without doubt he means himself, for as to us of this poor
kingdom, who must be utterly ruined if his project should succeed, we
were never once consulted till the matter was over, and he will judge of
our exigences by his own; neither will these be ever at an end till he
and his accomplices will think they have enough: And it now appears that
he will not be content with all our gold and silver, but intends to buy
up our goods and manufactures with the same coin.

I shall not enter into examination of the prices for which he now
proposes to sell his halfpence, or what he calls his copper, by the
pound;