The Regulating Silver Coin, Made Practicable and Easie, to the Government and Subject
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About This Book
The pamphlet analyzes causes and consequences of the debasement and scarcity of silver coin, defines key terms of intrinsic, extrinsic, and real value, and examines importation, alteration, export, melting by artisans, and hoarding. Addressing Parliament and using mathematical reasoning, it diagnoses threats to credit, trade, and national reputation, warns of counterfeiting and loss of confidence, and proposes a practical scheme to regulate coinage that seeks to prevent both undervaluation and export. It closes by outlining anticipated advantages and conveniences from the proposed reforms.
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