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The mint erected at a reasonable charge or price shall be farmed, paying to the King for every pound weight of silver that shall be coined 2s 2d. Irish, to be answered by 2s. English in England, if it be required, and cleared of all manner of charge, which in a 100 thousand will be 10 thousand pounds English money.
English moneys must be no more current, nor any other coins whatsoever within Ireland saving only the moneys which are minted there and evermore to be kept within that kingdom. Whereupon, as well the money present as all other moneys brought out of Spain will be brought into the mint with good and ready wills: first, because the whole nation will be glad of a royal mint; next, the exchange will be pleasing to all when the Irish moneys grow so near in value to the English; third, bullion shall then be minted with greater advantage and increase of moneys than now when they sell the same to strangers, who carry away their treasure, to the great impoverishing of the country.
The sorts of coin may be these : crowns of 5s. Irish in silver, half-crowns, shillings, testers, groats, and no silver coins under the groat.
For small moneys. As the Irish nation hath in all ages been ever more accustomed to red moneys, therefore the penny, halfpenny, farthing (which cannot be manuable of silver) may conveniently be made of copper; viz., to every 12 oz of silver and to every oz. of gold to coin 2s. in such small moneys. Nevertheless, no man shall be compelled (unless voluntarily he will require them for his needful uses) to receive any red moneys but upon necessity, having not silver moneys to make exchange. And in payments of rents and specialties no man shall receive more than after the rate of 5d. in the pound, or 20s. Irish. Without those red moneys, the charge of coinage cannot be defrayed, neither can the subject for his 12 oz. silver minted receive 65s, clear, nor the King his 2s 2d., both which amount to 67s. 2d. upon every pound weight silver or ounce of gold, which must not be answered but in moneys of silver or gold.
Coins of gold.—Nobles of 6s. 8d., half nobles 3s. 4d, quarters 20d. Irish. Three nobles and a quarter are by exchange 20s. English.
P. 3. Endorsed : “For a royal mint in Ireland.”
4. COPPER MONEYS.
“A Project for Ireland for Copper Moneys, by Edward Hayes, in anno 1602. “To coin harps of fine silver worth 9d, sterling; the same to go current in Ireland for 12d.; and no piece to be made of silver less than the harp of 12d. Towards the coinage of these harps a supply shall be had of silver in Ireland, as in the 4th article doth appear.
“To coin also copper pieces of 2d., 1d, 3d, 4d.; the same to be made current in England and all the dominions annexed thereunto; viz., 12 copper pence to be current for 12d, ster.; nine copper pence to be current for a silver harp. These copper moneys shall never abound to hurt the State of England, as hereunder is made apparent by the course that shall be taken in the banks.
“To defray all manner of charges for the wars in Ireland with the said moneys, paying part in silver harps and part in copper small moneys; for which copper small moneys (being current also in England) an exchange of sterling shall be given for 10 pro cento;” and the bank shall be undertaken at the charges and adventure of private men, as afterwards shall appear.
“To decry afterwards the commixt moneys of Ireland now in being the shilling to a groat Irish, and so in the rest, which shall be answerable to the value of the silver harp worth 9d, ster.; and three of these commixt shillings, decried to groats, do also hold 9d, sterling silver.
“These commixt moneys decried as aforesaid (the shilling to a groat) shall be all redeemed and bought up for the copper moneys by giving four copper pence, which shall be worth 4.d. sterl., for a groat of the commixt moneys, which shall be worth but 3d, ster, whereby he that selleth the commixt groats shall gain 25l. in the 100, which gains shall draw in all the commixt moneys within the kingdom of Ireland.
“And every 20s, of copper moneys (English accompt) shall redeem 20s. of Irish commixt groats, which shall make 20s. into silver harps. So by this means 100,000l. may be advanced of silver harps only for 100,000l. of copper moneys.
“Banks to be undertaken by private men for exchanges, yet under the prince's authority, but not at his Majesty's charge nor adventure. The same to be held in three several places in England, viz., London, Winchester, and Bristow, and in like manner in convenient places in Ireland, as Dublin and Cork, &c.
“To make exchanges in manner following:—
“Whosoever shall be coming out of Ireland, and would have sterling moncy in England, he shall put his copper money (current also in England and after English accompt) into the bank at Dublin, and for 20s. of copper moneys he shall receive, upon sight of his bill, 18 shillings sterling in London.
“Again, whosoever is to go from England into Ireland (whither he may not carry sterling) and would have current moneys there with advantage, for 20s, sterling delivered into any of the banks in England he shall receive 22s. copper
moneys in Ireland after English accompt, or after Irish accompt 39s. and 4d., which is eight groats gain upon the pound.
“For what consideration those bankers must be held:—
“1. First, it is to be considered that these copper moneys are to be issued first in Ireland, and the Bank in Ireland shall bind and detain the copper moneys there, where the same are first issued. *
“2. Secondly, the Bank in England shall revert, and still send over the copper moneys out of England into Ireland.
“To prove the first: No man that carrieth his copper money into England can make exchange there out of the banker, for he must leave his copper money in Ireland if he will have sterling money in England.
“Then, considering the weight and cumbersome portage of the copper moneys, whereof 100l. shall weigh 400l. sterling or more, no man will endure the trouble and charges to carry any great quantity thereof into England, where he must stay a time to utter the same, when he may, by leaving his load at Dublin, receive sterling in London at ten pro cento.
“To prove the second: Whosover will incur the penalty of laws to transport sterling out of England into Ireland he is led thereto for profit. But it shall be both lawful and profitable for any man to leave his sterling behind in the banks of Chester or Bristow, and thence to carry copper moneys into Ireland, for 20s, sterling are worth in silver but 26s. 8d. Irish in silver harps, which hold also 20s, sterling silver; but 22s, copper moneys, English accompt (which is the price of the exchange for sterling delivered into the banks) shall be worth 29s. 4d. Irish, even in silver harps; whereby he shall gain eight groats more in the pound by carrying of copper moneys than by carrying of sterling into Ireland, with danger of punished besides for trespassing the law.
“And forasmuch as the harps in Ireland shall be as good silver as the sterling of England, why should any men venture (with loss of eight groats in the pound) to carry sterling out of England, but rather the copper moneys with safety and gains, the same being current in both kingdoms?
“For these considerations the banker shall be needful, and deserve to have good contracts and conditions to encourage the undertakers.”
Vol. 619, p. 167. 5. A BRIEF RELATION of the REBELLION of the CITY of CORK. After the Lord Deputy had, the 5th of April, proclaimed his Majesty King of England, &c., he dispatched Captain Robert Morgan with the proclamation to the Commissioners of Munster, who came to Cork the 11th of April, Sir Charles Wilmot being at that time in Kerry persecuting Mr. G. Morris. The letters and proclamations were delivered to Sir George Tounton (sic), who repaired to the Lord Carew's house, sending for Justice Saxie (then Chief Justice of Munster) and the rest of the Council, and acquainted them therewith, who thought fit to send for the mayor and his brethren that they might proclaim the same. Thomas Sarsfeld being mayor of Cork, and William Meade, recorder, who, with divers aldermen, repaired unto the Lord Carew's house, where Sir George Tounton acquainted them with the direction sent him by the Deputy. The mayor answered he would go and consult with his brethren, and afterwards make them answer; but it was replied it was not fit to use any protraction, because they knew the lawful right was descended to his Majesty by the death of the Queen, and also for settling the country, which had been but lately in combustion, and without good care might grow into some great disorder, and having the example before their faces that the Lord Deputy and State at Dublin had proclaimed the same. The mayor and his brethren did not deny the reasons, but alleged the privilege of their charter, which gave them leave, for the more assurance, to defer it - * days. They declared that Perkinge Warbeck had been also proclaimed at Dublin, and what danger the kingdom had come into by being too officious therein. But after many incitements by Sir George Tounton and the rest, declaring how well it would betoken their readiness to own his Majesty, and what danger they might incur by being backward in it, they made no other answer but that by their charter they might forbear it, and that they would advise amongst themselves before they would do it. Justice Saxie growing sore, being impatient of their delays, said that they ought not to defer it, and that they were worthy to be committed for refusing. Upon this speech William Meade, the recorder, proudly said, “I do not know any here have the authority to do it;” whereupon they departed abruptly, and went to the town house to sit in council. Soon after, Sir George Tounton, with the rest of the commanders and gentlemen in the town, walked forth into the streets, and sent to the mayor and the rest of his brethren to see whether they had resolved themselves for proclaming his Majesty, who returned answer that about an hour after they should know, which hour being spent in walking the streets, Sir George Tounton sent again to know their answer, but now they defer to the next day; whereupon Sir George Tounton sent them word that if he might not have their company for doing it, he would do it himself without them. They sent him word back again that he had no authority, neither should he do it in their liberties, and therefore willed him to forbear.
From that time they grew more and more insolent against the army and the authority of the Commissioners, so that Sir George Tounton, having stayed two days, expecting to have the mayor and corporation join with him in the proclamation, went into the town and proclaimed it there. The 16th of April the mayor and corporation made the proclamation at the Cross in the town, and all the solemnities and ceremony they stayed so long for was but the drinking of a hogshead of wine in the streets annongst the people.
Now they begin to keep great guards of men-in-arms at all the ports, to set up images and use the mass, saying that they did not know but that the King was of their religion, and use their discipline upon Good Friday by whipping themselves, and carry the Cross about the streets and force men to reverence it.
The Lady Carew, seeing their insolence grow more and more, removed to Shandon Castle. Sir George Tounton stayed yet in the town, thinking that his presence would combine them in better obedience; but now their pride [grew] from ill to worse; [they] seize upon the munition and victuals going down to the fort of Halebolinge; deny to suffer any victuals to come forth of the town for the relief of the soldiers then living in the suburbs; lay hold upon Michael Hughes, clerk of the munition; took the keys from him, and, under the conduct of one Christopher Morragh, enter upon all his Majesty's store there, not suffering any to come forth of the town for the use of the soldiers. Sir George Tounton, seeing this, thought it fittest to leave the town, and with Sir Richard Percy, Captain Slingslye, and Mr. Apsley, to go to Shandon Castle, to the Lady Carew; but Mr. Apsley, then chief victualler for the province of Mounster, took occasion to stay, and both he and the clerk of the munition they treated ill and imprisoned, and took away the arms from the Englishmen then remaining in the town. The day of April Sir Charles Wilmot, with some more companies, came to Shandon Castle, and treated with the townsmen to have the King's victuals and munition for the use of the King's army, saying that they had received the Lord Deputy's letters signifying that it was the King's pleasure that the Commissioners should hold their authority as formerly they had done; yet nothing prevailed with them. They refused all commands, and next day began to pull down the fort on the south side of the town, built by the Lord President against the coming of the Spaniards. Sir Charles Wilmot did not now see how he could any longer forbear to enter into open acts of hostility as against rebels; whereupon he drew over the ford about Gille Abbey some six companies, and being drawn into a body there, and seeing the most part of the people of the town, as well without arms as with arms, in that fort deforming and spoiling it, commanded Thomas Sully (?), lieutenant to Captain Slingsbye, to take 40 men of his company, and to go