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d. 49.

On the other hand all our remitances had been made through Holland, & the specie lodg'd there on our account was seldom if ever issu'd to the Troops in any other shape than the Dutch Schelling a base currency, so that England was forc'd not only to make up the defects of her own Coin, but to suffer also the Dutch to put their base Coin upon unclear afterwards.

The Bank Company therefore believing that in the right of their Country they might be allow'd an occasional Mint of their own, they apply'd for this privilege of modifying their own Money; but they met with such opposition that they were oblig'd to abandon the point, tho on account of their losses, & to silence their