ttances; and suffering the other (viz. our Crowns and Half-Crown Pieces, coin'd with a proportionable Allay) to be exported. All which would help to pay off the Nation's Debts, and make us a Flourishing People.
Our Half-Crowns and Crowns being recoined to such a Standard, I say, would be of equal Advantage to the East-India Company, whether they exported Bullion or Pieces of Eight, from hence or from Holland: For by the Bank of Holland, or rather Amsterdam, all Exchanges are chiefly govern'd; and as the Hollanders are the nearest concern'd with us in Trade, so by them we are to regulate and proportion the Difference between our Bank-Money and our Current Cash.
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The Bank of England is establish'd upon the Standard of our present Coin: Let it so remain, till the Government sees fit to alter, or pay them off;