[Footnote 35: It is curious to find Swift so referring to Phalaris, of whom he had heard so much in the days of the "Battle of the Books." [SIR H. CRAIK.]]
N.B. The author of this paper is informed by persons who have made it their business to be exact in their observations on the true value of these halfpence, that any person may expect to get a quart of twopenny ale for thirty-six of them.
I desire all persons may keep this paper carefully by them to refresh their memories whenever they shall have farther notice of Mr. Wood"s halfpence, or any other the like imposture.
LETTER II.
TO MR. HARDING THE PRINTER.
NOTE.
Towards the beginning of the August of 1724, the Committee of Inquiry had finished their report on Wood"s patent. Somehow, an advance notice of the contents of the report found its way, probably directed by Walpole himself, into the pages of a London journal, from whence it was reprinted in Dublin, in Harding"s Newspaper on the 1st of August. The notice stated that the Committee had recommended a reduction in the amount of coin Wood was to issue to 40,000. It informed the public that the report notified that Wood was willing to take goods in exchange for his coins, if enough silver were not to be had, and he agreed to restrict the amount of each payment to 5-1/2_d_. But a pretty broad hint was given that a refusal to accept the compromise offered might possibly provoke the higher powers to an a.s.sertion of the prerogative.
Walpole also had already endeavoured to calm the situation by consenting to a minute examination of the coins themselves at the London Mint. The Lords Commissioners had instructed Sir Isaac Newton, the Master of the Mint, Edward Southwell, and Thomas Scroope, to make an a.s.say of Wood"s money. The report of the a.s.sayists was issued on April 27th, 1724;[1]
and certified that the coins submitted had been tested and found to be correct both as to weight and quality. In addition to this evidence of good faith, Walpole had nominated Carteret in place of the Duke of Grafton to the Lord-Lieutenancy. Carteret was a favourite with the best men in Ireland, and a man of culture as well as ability. It was hoped that his influence would smooth down the members of the opposition by an acceptance of the altered measure. He was in the way in London, and he might be of great service in Dublin; so to Dublin he went.
[Footnote 1: A full reprint of this report is given in Appendix II.]
But Walpole had not reckoned with the Drapier. In the paragraph in Harding"s sheet, Swift saw a diplomatist"s move to win the game by diplomatic methods. Compromise was the one result Swift was determined to render impossible; and the Drapier"s second letter, "To Mr. Harding the Printer," renews the conflict with yet stronger pa.s.sion and with even more satirical force. It is evident Swift was bent now on raising a deeper question than merely this of the acceptance or refusal of Wood"s halfpence and farthings. There was a principle here that had to be insisted and a right to be safeguarded. Mr. Churton Collins ably expresses Swift"s att.i.tude at this juncture when he says:[2] "Nothing can be more certain than that it was Swift"s design from the very beginning to make the controversy with Wood the basis of far more extensive operations. It had furnished him with the means of waking Ireland from long lethargy into fiery life. He looked to it to furnish him with the means of elevating her from servitude to independence, from ignominy to honour. His only fear was lest the spirit which he had kindled should burn itself out or be prematurely quenched. And of this he must have felt that there was some danger, when it was announced that England had given way much more than it was expected she would give way, and much more than she had ever given way before."
[Footnote 2: "Jonathan Swift," pp. 179-180.]
This letter to Harding was but the preliminary leading up to the famous fourth letter "to the whole people of Ireland." It was also an introduction to, and preparation of the public mind for, the drastic criticism of the Privy Council"s Report, the arrival of which was expected shortly.
The present text of this second letter is that given by Sir W. Scott, collated with the copies of the original edition in the possession of the late Colonel F. Grant and in the British Museum. It has also been compared with Faulkner"s issue of 1725, in "Fraud Detected."
[T.S.]
[Ill.u.s.tration: A *LETTER*
TO Mr. _Harding_ the Printer, Upon Occasion of a
**PARAGRAPH**
*IN HIS*
**News-Paper**
of _Aug_. 1st.
Relating to Mr. _Wood"s_ Half-pence.
_By_ M.B. _Drapier_.
AUTHOR of the LETTER to the SHOP-KEEPERS, &c.
DUBLIN: Printed by _J. Harding_ in _Molesworth"s-Court_.
LETTER II.
TO MR. HARDING THE PRINTER.
Sir, In your Newsletter of the 1st. instant there is a paragraph dated from London, July 25th. relating to Wood"s halfpence; whereby it is plain what I foretold in my "Letter to the Shopkeepers, &c." that this vile fellow would never be at rest, and that the danger of our ruin approaches nearer, and therefore the kingdom requires NEW and FRESH WARNING; however I take that paragraph to be, in a great measure, an imposition upon the public, at least I hope so, because I am informed that Wood is generally his own newswriter. I cannot but observe from that paragraph that this public enemy of ours, not satisfied to ruin us with his trash, takes every occasion to treat this kingdom with the utmost contempt. He represents "several of our merchants and traders upon examination before a committee of council, agreeing that there was the utmost necessity of copper money here, before his patent, so that several gentlemen have been forced to tally with their workmen and give them bits of cards sealed and subscribed with their names." What then?
If a physician prescribes to a patient a dram of physic, shall a rascal apothecary cram him with a pound, and mix it up with poison? And is not a landlord"s hand and seal to his own labourers a better security for five or ten shillings, than Wood"s bra.s.s seven times below the real value, can be to the kingdom, for an hundred and four thousand pounds?[3]
[Footnote 3: Thus in original edition. 108,000 is the amount generally given. See note on p. 15. [T.S.]]
But who are these merchants and traders of Ireland that make this report of "the utmost necessity we are under of copper money"? They are only a few betrayers of their country, confederates with Wood, from whom they are to purchase a great quant.i.ty of his coin, perhaps at half value, and vend it among us to the ruin of the public, and their own private advantage. Are not these excellent witnesses, upon whose integrity the fate of a kingdom must depend, who are evidences in their own cause, and sharers in this work of iniquity?
If we could have deserved the liberty of coining for ourselves, as we formerly did, and why we have not _is everybody"s wonder as well as mine_,[4] ten thousand pounds might have been coined here in Dublin of only one-fifth below the intrinsic value, and this sum, with the stock of halfpence we then had, would have been sufficient:[5] But Wood by his emissaries, enemies to G.o.d and this kingdom, hath taken care to buy up as many of our old halfpence as he could, and from thence the present want of change arises; to remove which, by Mr. Wood"s remedy, would be, to cure a scratch on the finger by cutting off the arm. But supposing there were not one farthing of change in the whole nation, I will maintain, that five and twenty thousand pounds would be a sum fully sufficient to answer all our occasions. I am no inconsiderable shopkeeper in this town, I have discoursed with several of my own and other trades, with many gentlemen both of city and country, and also with great numbers of farmers, cottagers, and labourers, who all agree that two shillings in change for every family would be more than necessary in all dealings. Now by the largest computation (even before that grievous discouragement of agriculture, which hath so much lessened our numbers [6]) the souls in this kingdom are computed to be one million and a half, which, allowing but six to a family, makes two hundred and fifty thousand families, and consequently two shillings to each family will amount only to five and twenty thousand pounds, whereas this honest liberal hardwareman Wood would impose upon us above four times that sum.
[Footnote 4: Time and again Ireland had pet.i.tioned the King of England for the establishment of a mint in Dublin. Both Houses of Parliament addressed King Charles I. in 1634, begging for a mint which should coin money in Ireland of the same standard and values as those of England, and allowing the profits to the government. Wentworth supported the address; but it was refused (Carte"s "Ormond," vol. i., pp. 79-80). When Lord Cornwallis"s pet.i.tion for a renewal of his patent for minting coins was presented in 1700, it was referred to a committee of the Lords Justices. In their report the Lords Justices condemned the system in vogue, and urged the establishment of a mint, in which the coining of money should be in the hands of the government and in those of a subject. No notice was taken of this advice. See Lecky"s "Ireland," vol.
i., p. 448 (ed 1892) [T.S.]]
[Footnote 5: Boulter stated that 10,000 or 15,000 would have amply fulfilled the demand ("Letters," vol. i., pp. 4, 11). [T.S.]]
[Footnote 6: It was not alone the direct discouragement of agriculture which lessened the population. This result was also largely brought about by the anti-Catholic legislation of Queen Anne"s reign, which "reduced the Roman Catholics to a state of depression," and caused thousands of them to go elsewhere for the means of living. See Crawford"s "Ireland," vol. ii., pp. 264-267. [T.S.]]
Your paragraph relates further, that Sir Isaac Newton reported an a.s.say taken at the Tower of Wood"s metal, by which it appears, that Wood had in all respects performed his contract[7]. His contract! With whom? Was it with the parliament or people of Ireland? Are not they to be the purchasers? But they detest, abhor, and reject it, as corrupt, fraudulent, mingled with dirt and trash. Upon which he grows angry, goes to law, and will impose his goods upon us by force.
[Footnote 7: For the full text of Newton"s report see Appendix, No. II.
[T.S.]]
But your Newsletter says that an a.s.say was made of the coin. How impudent and insupportable is this? Wood takes care to coin a dozen or two halfpence of good metal, sends them to the Tower and they are approved, and these must answer all that he hath already coined or shall coin for the future. It is true indeed, that a gentleman often sends to my shop for a pattern of stuff, I cut it fairly off, and if he likes it, he comes or sends and compares the pattern with the whole piece, and probably we come to a bargain. But if I were to buy an hundred sheep, and the grazier should bring me one single wether fat and well fleeced by way of pattern, and expect the same price round for the whole hundred, without suffering me to see them before he was paid, or giving me good security to restore my money for those that were lean or shorn or scabby, I would be none of his customer. I have heard of a man who had a mind to sell his house, and therefore carried a piece of brick in his pocket, which he shewed as a pattern to encourage purchasers: And this is directly the case in point with Mr. Wood"s a.s.say.[8]
[Footnote 8: Monck Mason remarks on this a.s.say that "the a.s.say-masters do not report that Mr. Wood"s coinage was superior to that of former kings, but only to those specimens of such coinages as were exhibited by Mr. Wood, which, it is admitted were much worn. Whether the money coined in the preceding reign was good or bad is in fact nothing to the purpose." ""What argument,"" quotes Monck Mason from the tract issued in 1724 ent.i.tled, "A Defence of the Conduct of the People of Ireland, in their unanimous refusal of Mr. Wood"s Copper Money," ""can be drawn from the badness of our former coinages but this, that because we have formerly been cheated by our coiners, we ought to suffer Mr. Wood to cheat us over again? Whereas, one reason for our so vigorously opposing Mr. Wood"s coinage, is, because we have always been imposed upon in our copper money, and we find he is treading exactly in the steps of his predecessors, and thinks he has a right to cheat us because he can shew a precedent for it." In truth, there was a vast number of counterfeits of those coins, which had been imported, chiefly from Scotland, as appears from a proclamation prohibiting the Importation of them in 1697"
("History St. Patrick"s Cathedral," p, 340, note d.) [T.S.]]
The next part of the paragraph contains Mr. Wood"s voluntary proposals for "preventing any future objections or apprehensions."
His first proposal is, that "whereas he hath already coined seventeen thousand pounds, and has copper prepared to make it up forty thousand pounds, he will be content to coin no more, unless the EXIGENCES OF TRADE REQUIRE IT, though his patent empowers him to coin a far greater quant.i.ty."
To which if I were to answer it should be thus: "Let Mr. Wood and his crew of founders and tinkers coin on till there is not an old kettle left in the kingdom: let them coin old leather, tobacco-pipe clay or the dirt in the streets, and call their trumpery by what name they please from a guinea to a farthing, we are not under any concern to know how he and his tribe or accomplices think fit to employ themselves." But I hope and trust, that we are all to a man fully determined to have nothing to do with him or his ware.
The King has given him a patent to coin halfpence, but hath not obliged us to take them, and I have already shewn in my "Letter to the Shopkeepers, &c." that the law hath not left it in the power of the prerogative to compel the subject to take any money, beside gold and silver of the right sterling and standard.
Wood further proposes, (if I understand him right, for his expressions are dubious) that "he will not coin above forty thousand pounds, unless the exigences of trade require it." First, I observe that this sum of forty thousand pounds is almost double to what I proved to be sufficient for the whole kingdom, although we had not one of our old halfpence left. Again I ask, who is to be judge when the exigences of trade require it? Without doubt he means himself, for as to us of this poor kingdom, who must be utterly ruined if his project should succeed, we were never once consulted till the matter was over, and he will judge of our exigences by his own; neither will these be ever at an end till he and his accomplices will think they have enough: And it now appears that he will not be content with all our gold and silver, but intends to buy up our goods and manufactures with the same coin.
I shall not enter into examination of the prices for which he now proposes to sell his halfpence, or what he calls his copper, by the pound; I have said enough of it in my former letter, and it hath likewise been considered by others. It is certain that by his own first computation, we were to pay three shillings for what was intrinsically worth but one,[9] although it had been of the true weight and standard for which he pretended to have contracted; but there is so great a difference both in weight and badness in several of his coins that some of them have been nine in ten below the intrinsic value, and most of them six or seven.[10]
[Footnote 9: The report of the Committee of the Privy Council which sat on Wood"s coinage, stated that copper ready for minting cost eighteen pence per pound before it was brought into the Mint at the Tower of London. See the Report prefixed to Letter III. and Appendix II., in which it is also stated that Wood"s copper was worth thirteen pence per pound. [T.S.]]
[Footnote 10: Newton"s a.s.say report says that Wood"s pieces were of unequal weight. [T.S.]]
His last proposal being of a peculiar strain and nature, deserves to be very particularly considered, both on account of the matter and the style. It is as follows.