WOOD'S HALFPENCE: THE FIRST DRAPIER'S LETTER (1724).

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Source.Works of Jonathan Swift. Pp. 13 seqq. Bohn's edition, 1903.

To the Tradesmen, Shop-Keepers, Farmers, and Common People in General of Ireland.

Brethren, Friends, Countrymen and Fellow-Subjects,

What I intend now to say to you, is, next to your duty to God and the care of your salvation, of the greatest concern to yourselves, and your children, your bread and clothing, and every common necessary of life entirely depend upon it. Therefore I do most earnestly exhort you as men, as Christians, as parents, and as lovers of our country, to read this paper with the utmost attention, or get it read to you by others; which that you may do at the less expense, I have ordered the printer to sell it at the lowest rate.

It is a great fault among you, that when a person writes with no other intention than to do you good, you will not be at the pains to read his advice: One copy of this paper may serve a dozen of you, which will be less than a farthing a-piece. It is your folly that you have no common or general interest in your view, not even the wisest among you, neither do you know or enquire, or care who are your friends, or who are your enemies.

About three years ago a little book[3] was written to advise all people to wear the manufactures of this our own dear country: It had no other design, said nothing against the King or Parliament, or any man, yet the POOR PRINTER was prosecuted two years, with the utmost violence, and even some WEAVERS themselves, for whose sake it was written, being upon the JURY, FOUND HIM GUILTY. This would be enough to discourage any man from endeavouring to do you good, when you will either neglect him or fly in his face for his pains, and when he must expect only danger to himself and loss of money, perhaps to his ruin.

However I cannot but warn you once more of the manifest destruction before your eyes, if you do not behave yourselves as you ought.

I will therefore first tell you the plain story of the fact; and then I will lay before you how you ought to act in common prudence, and according to the laws of your country.

The fact is thus: It having been many years since COPPER HALFPENCE OR FARTHINGS were last coined in this kingdom, they have been for some time very scarce, and many counterfeits passed about under the name of raps, several applications were made to England, that we might have liberty to coin new ones, as in former times we did; but they did not succeed. At last one Mr. Wood, a mean ordinary man, a hardware dealer, procured a patent under his Majesty's broad seal to coin fourscore and ten thousand pounds in copper for this kingdom, which patent however did not oblige any one here to take them, unless they pleased. Now you must know, that the halfpence and farthings in England pass for very little more than they are worth. And if you should beat them to pieces, and sell them to the brazier you would not lose above a penny in a shilling. But Mr. Wood made his halfpence of such base metal, and so much smaller than the English ones, that the brazier would not give you above a penny of good money for a shilling of his; so that this sum of fourscore and ten thousand pounds in good gold and silver, must be given for trash that will not be worth above eight or nine thousand pounds real value. But this is not the worst, for Mr. Wood, when he pleases, may by stealth send over another and another fourscore and ten thousand pounds, and buy all our goods for eleven parts in twelve, under the value. For example, if a hatter sells a dozen of hats for five shillings a-piece, which amounts to three pounds, and receives the payment in Mr. Wood's coin, he really receives only the value of five shillings.

Perhaps you will wonder how such an ordinary fellow as this Mr. Wood could have so much interest as to get His Majesty's broad seal for so great a sum of bad money, to be sent to this poor country, and that all the nobility and gentry here could not obtain the same favour, and let us make our own halfpence, as we used to do. Now I will make that matter very plain. We are at a great distance from the King's court, and have nobody there to solicit for us, although a great number of lords and squires, whose estates are here, and are our countrymen, spending all their lives and fortunes there. But this same Mr. Wood was able to attend constantly for his own interest; he is an Englishman and had great friends, and it seems knew very well where to give money, and those that would speak to others that could speak to the King and could tell a fair story. And his Majesty, and perhaps the great lord or lords who advised him, might think it was for our country's good; and so, as the lawyers express it, "the King was deceived in his grant," which often happens in all reigns. And I am sure if his Majesty knew that such a patent, if it should take effect according to the desire of Mr. Wood, would utterly ruin this kingdom, which hath given such great proof of its loyalty, he would immediately recall it, and perhaps show his displeasure to some one or other. But "a word to the wise is enough." Most of you must have heard, with what anger our honourable House of Commons received an account of this Wood's patent. There were several fine speeches made upon it, and plain proof that it was all A WICKED CHEAT from the bottom to the top, and several smart notes were printed, which that same Wood had the assurance to answer likewise in print, and in so confident a way, as if he were a better man than our whole Parliament put together....

The common weight of this halfpence is between four and five to an ounce, suppose five, then three shillings and four-pence will weigh a pound, and consequently twenty shillings will weigh six pound butter weight. Now there are many hundred farmers who pay two hundred pound a year rent. Therefore when one of these farmers comes with his half-year's rent, which is one hundred pound, it will be at least six hundred pound weight, which is three horse load.

If a 'squire has a mind to come to town to buy clothes and wine and spices for himself and family, or perhaps to pass the winter here; he must bring with him five or six horses loaden with sacks as the farmers bring their corn; and when his lady comes in her coach to our shops, it must be followed by a car loaden with Mr. Wood's money. And I hope we shall have the grace to take it for no more than it is worth.

They say 'Squire Conolly [Speaker of the Irish House of Commons] has sixteen thousand pounds a year. Now if he sends for his rent to town, as it is likely he does, he must have two hundred and forty horses to bring up his half-year's rent, and two or three great cellars in his house for stowage. But what the bankers will do I cannot tell. For I am assured, that some great bankers keep by them forty thousand pounds in ready cash to answer all payments, which sum, in Mr. Wood's money, would require twelve hundred horses to carry it.

For my own part, I am already resolved what to do; I have a pretty good shop of Irish stuffs and silks, and instead of taking Mr. Wood's bad copper. I intend to truck with my neighbours the butchers, and bakers, and brewers, and the rest, goods for goods, and the little gold and silver I have, I will keep by me like my heart's blood till better times, or till I am just ready to starve, and then I will buy as my father did the brass money, in K. James's time,[4] I who could buy ten pound of it with a guinea....

When once the kingdom is reduced to such a condition, I will tell you what must be the end: The gentlemen of estates will all turn off their tenants for want of payment, because as I told you before, the tenants are obliged by their leases to pay sterling which is lawful current money of England; then they will turn their own farmers, as too many of them do already, run all into sheep where they can, keeping only such other cattle as are necessary, then they will be their own merchants and send their wool and butter and hides and linen beyond sea for ready money and wine and spices and silks. They will keep only a few miserable cottiers. The farmers must rob or beg, or leave their country. The shopkeepers in this and every other town, must break and starve: for it is the landed man that maintains the merchant, and shopkeeper, and handicraftsman.

But when the 'squire turns farmer and merchant himself, all the good money he gets from abroad, he will hoard up or send for England, and keep some poor tailor or weaver and the like in his own house, who will be glad to get bread at any rate. I should never have done if I were to tell you all the miseries that we shall undergo if we be so foolish and wicked as to take this CURSED COIN. It would be very hard if all Ireland should be put into one scale, and this sorry fellow Wood into the other, that Mr. Wood should weigh down this whole kingdom, by which England gets above a million of good money every year clear into their pockets, and that is more than the English do by all the world besides.

But your great comfort is, that as His Majesty's patent does not oblige you to take this money, so the laws have not given the crown a power of forcing the subjects to take what money the King pleases. For then by the same reason we might be bound to take pebble-stones or cockle-shells or stamped leather for current coin, if ever we should happen to live under an ill prince, who might likewise by the same power make a guinea pass for ten pounds, a shilling for twenty shillings, and so on, by which he would in a short time get all the silver and gold of the kingdom into his own hands, and leave us nothing but brass or leather or what he pleased. Neither is anything reckoned more cruel or oppressive in the French government than their common practice of calling in all their money after they have sunk it very low, and then coining it anew at a much higher value, which however is not the thousandth part so wicked as this abominable project of Mr. Wood. For the French give their subjects silver for silver and gold for gold, but this fellow will not so much as give us good brass or copper for our gold and silver, nor even a twelfth part of their worth.

Having said thus much, I will now go on to tell you the judgments of some great lawyers in this matter, whom I fee'd on purpose for your sakes, and got their opinions under their hands, that I might be sure I went upon good grounds....

I will now, my dear friends, to save you the trouble, set before you in short, what the law obliges you to do, and what it does not oblige you to.

First, You are obliged to take all money in payments which is coined by the King and is of the English standard or weight, provided it be of gold or silver.

Secondly, You are not obliged to take any money which is not of gold or silver, no not the halfpence, or farthings of England, or of any other country, and it is only for convenience, or ease, that you are content to take them, because the custom of coining silver halfpence and farthings hath long been left off, I will suppose on account of their being subject to be lost.

Thirdly, Much less are you obliged to take those vile halfpence of that same Wood, by which you must lose almost eleven-pence in every shilling.

Therefore my friends, stand to it one and all, refuse this filthy trash. It is no treason to rebel against Mr. Wood. His Majesty in his patent obliges nobody to take these halfpence,[5] our gracious prince hath no so ill advisers about him; or if he had, yet you see the laws have not left it in the King's power, to force us to take any coin but what is lawful, of right standard gold and silver; therefore you have nothing to fear.

And let me in the next place apply myself particularly to you who are the poor sort of tradesmen. Perhaps you may think you will not be so great losers as the rich, if these halfpence should pass, because you seldom see any silver, and your customers come to your shops or stalls with nothing but brass, which you likewise find hard to be got. But you may take my word, whenever this money gains footing among you, you will be utterly undone; if you carry these halfpence to a shop for tobacco or brandy, or any other thing you want, the shopkeeper will advance his goods accordingly, or else he must break, and leave the key under the door. Do you think I will sell you a yard of tenpenny stuff for twenty of Mr. Wood's halfpence? No, not under two hundred at least, neither will I be at the trouble of counting, but weigh them in a lump. I will tell you one thing further, that if Mr. Wood's project should take, it will ruin even our beggars; for when I give a beggar an halfpenny, it will quench his thirst, or go a good way to fill his belly, but the twelfth part of a halfpenny will do him no more service than if I should give him three pins out of my sleeve.

In short these halfpence are like "the accursed thing, which," as the Scripture tells us, "the children of Israel were forbidden to touch": they will run about like the plague and destroy every one who lays his hands upon them. I have heard scholars talk of a man who told a king that he invented a way to torment people by putting them into a bull of brass with fire under it, but the prince put the projector first into his own brazen bull to make the experiment;[6] this very much resembles the project of Mr. Wood, and the like of this may possibly be Mr. Wood's fate, that the brass he contrived to torment this kingdom with, may prove his own torment, and his destruction at last.

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 when ever they shall have farther notice of Mr. Wood's halfpence, or any other the like imposture.

[3] Swift's own Proposal for the Universal Use of Irish Manufactures.

[4] The famous "gun-money," coined to meet the exigencies of the Stuart army in Ireland, a crown piece of which was by a proclamation of William III. of July 10, 1690, to pass current as a penny.

[5] The words of the patent are "to pass and to be received as current money, by such as shall or will, voluntarily and wittingly, and not otherwise, receive the same" (the halfpence and farthings). [T. S.]

[6] Phalaris, the genuineness of whose Letters had occasioned the famous controversy which brought about Swift's first venture into literature with the Battle of the Books.

                                                                                                                                                                                                                                                                                                           

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