6. the severe Proclamations for the observation of the Statutes made, concerning the same, and the Articles of entercourse.
7. The prohibition to export Commodities, but at great Ports.
8. The prohibition for Strangers to sell Wares by Retaille.
9. The prohibition for English Merchants to ship in strange bottomes.
10. The Transportation of money, made fellony by Act of Parliament.
11. The attendance of Searchers, Waiters and other Officers.
12. The informaitons in th'Exchequer and other Courts.
13. The Swearing of the Masters of Ships, about moneys.
14. The Reformation of the over-heaviness of our pound Troy of 12 ounces, in the Tower of London.
15. The Reformation of the over-richnesse of our Starlin Standard.
16. The Alteration of the proposition betwixt Gold and Silver.
17. The ****** of more prices out of the pound Troy.
18. The inhauncing of Silver and Gold Coynes in price.
19. The imbasing of money by Allay of Copper.
20. The use of several Standards, and the Reducing of them againe to Two Standards of Gold and Silver.
21. The increase of Coynadge money to hinder exportation.
22. The prohibition to cull out heavy pieces to export.
23. The banishing of light Spanish money out of the Realme, and light Gold to be molten downe.
24. The giving more for Bullion in the Minte.
25. The prohibition of Gold smiths to buy Bullion.
26. The ****** of the principall forraine Coyne, currant in England.
27. The binding of Merchants to bring in Bullion.
28. The prohibition to pay Gold to Merchant Strangers.
29. The prohibition to take Gaine upon Coyne.
30. The Bullion delivered in the Minte by weight, to be restored in Coyne by Tale.
31. The inhauncing of Gold, and undervaluing of Silver.
32. The punishment of the Transporters of money, by great Fines in the Star-chamber.
33. The prohibition by Acts of Parliament, to make exchange for money by Bills for forraine parts without the Kings Licence.
34. Money delivered to Sir Thomas Gresham Knight out of th'Exchequer to Rule the course of exchanges.
35. The Officer of the Kings Royall exchanger, never put in practise, since the merchandising exchange began, whereof there was two Offices, namely, Custos Cambij Regis, erected by King Edward the first in the 11 yeere of his Raigne; and Custos Cambij infra Turrim: which were both put into one mans hands, by a Law made in the Time of K. Henry the Sixt: so that all the precedent meanes, have beene found defective & fruitlesse, as more particularly may be proved, by divers Records and observations:
The Coppies whereof aare in my custodie, to doe his Majestie all dutifull and acceptable service.
Here we are to observe, that the Statute of employment to be Defective, appeareth more manifestly at this time, when Merchants as well English as Strangers, have an ability given them by exchange, to take up money here, and to deliver a Bill of exchange for it, payable beyond the Seas, and can send over that money in specie, and become a great Gayner thereby; insomuch, that if I receive here one hundreth Pieces of 20 shillings, I can send 90 Pieces to pay by Bill of exchange, and put 10 Pieces in my Pocket for an overplus and gaine. The like may be done, by ****** over money from beyond the Seas, to be paied here by exchange; which being received, I can Transport with 15 upon the hundreth, gaines in two moneths and less, advancing thereby an hundreth upon the hundred in a yeere: which exceedeth all the benefit to be made by Commodities, wherewith I need not to entermeddle, neither can the said Statute be any helpe herein, to avoide the same.
Concerning moneys, which doe consist of weight, fineness &Valuation; it is evident, that Gold and silver are but materials, and in the nature of Bullion; but Valuation is the Spirit which giveth life. This Valuation is twofold; the one by the Publicke Authority of Kings and Princes, the other by the Merchants in the course of exchange; and this is Predominant and over-ruleth the Kings Valuation: for when the King hath valued the shilling piece of Starlin money at 12 pence, they doe undervalue the same at 11pence halfe pennie, or 11 pence; which undervaluation causeth the continuall exportation of our moneys, and is the hindrerance of importation of moneys and Bullion, as wee have so often inculcated, to make the motive stronger to produce a sufficient Remedy, as followeth.
