Treatise on the restitution of coin

Document excerpt

90 For as much as yo[u]r Loving and moste obedyent subiectes, moste godly and moste vertuous cheiften Peynes, doo expecte all goodnes and prosperitye to co[m]me vnto them with yo[u]r moste fortunate seigne, amonst many other thinges that they truste to haue reformation of, the cheeffely hope for restitution of yo[u]r yeares coyne, to the former purenes and inteyrytye: For as the reseruation therof is and shalbe to the inestymable losse and damage as well of yo[u]r highnes and yo[u]r gownde peryncypally, as also of yo[u]r subiecte specyally the noblytye and possyones of this realme: So shalbe the resytutyon therof be not onely to the greate weale and profytte of yo[u]r grace and of yo[u]r wholle Realme, but also to the redresse of inlymyte yffyres that growe in this Realme by or as you of the sayd coyne being abaced to the rate it is now. Albeit it is well knowen that yo[u]r highnes muche desyret[he]r the same; as ye doo the anomplysment of all other good thinges, and wolde be gladde to bestowe much of yo[u]r owne trefure in the begynyng therof to passe: for proofe and begynyng wherof, yo[u]r highnes hath alredy devysed a coyne of as pure a standerde as ever was the steebyng: yet because yo[u]r bare coyne doth yet eynne in the markett being vnequall in value to yo[u]r sayd new coyne, it is thowghte not withowte greate coniecture and presumption, that yo[u]r yeares new coyne aforesayd as faste as it is made, is layde by and vsed as merchandize for the paynes that is in hit above the comen currant coyne, for lytle therof is seen to yoo abroade in the markett, whiche matter begyn true, that waye shalbe so farre from the eighte weane of the resytutyon of the sayd coyne, that it shalbe rather a mynyssyng of the theasure of this Realme, for the more syluer is so coyned, yf it be carryed awaye, the lesse theasure is lefte in yo[u]r Realme, and all is because yo[u]r bare coyne is not browghte in, or the fyne be made to be currante be valued equyvalently with the sayd new coyne. Therfore as this matter towcheth all men of this yo[u]r yeares realme, it becometh all men to teavayle for theis caparytye, for the beste waye that yo[u]r sayd coyne mighte be redressed with as lytle chayres of yo[u]r highnes and as lytle losse of yo[u]r subiectes as maye be: I haue therfore yo[u]r moste humble servaunte and subiecte devysed in a waye whiche in my poore oppynyon maye not onely beinge the sayd coyne to his former vneytye, but also to the equall value that it was in the xxijth yere of the seigne of yo[u]r moste noble ffather Emyn Henrye the eighte, and that withowte any notable chayre eyther of yo[u]r highnes, or of yo[u]r subiectes (whiche thinges being browghte oues to passe, shall not onely so amende and encrease the revenewes of yo[u]r highnes Crowne, as yo[u]r grace shall neuer or very seldome, but vpon moste urgent causes, be compelled to sett or requyred any imposytion other then oreynarye of yo[u]r Subiectes, but also browghte yo[u]r noblytye and possesyoners to theis former wealth and prosperitye, and all other thinges beyng nowe amysse in yo[u]r comen weale whiche dependeth of money to theis former estate and prosperitye, that they were in at the begynyngue of the