Holograph draft notice to tax receivers reducing the accepted value of moidores

Normalised TextCatalogue Entry

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Whereas Moyders {illeg}one wth another are not worth above 1one pound seven shillings & seven pence {illeg}farthing halfpenny a piece, & by reason of their being a forreign coyn & the charge of recoining {illeg}have {illeg}of late then received at 1li. 7s 76d a piece by the approbation of the Ld Comrs of his {illeg}Mts Treary & yet Edward Elliot Es pPaymaster for for the sixt contracts & Francis Manaton Es rReceiver general of the land-tax have give publick notice that they & others {illeg} (for advance (under pretence of advancing trade in Cornwall) will from henceforthward receive & pay all Moyders at one pound eight shillings: This is to give notice that the paying away forreign money without the royal authority, for more then the just value, is a fraud upon the people nation of the same nature ad& consequence withpeople of sEngland like that of putting away light or clipt money, th{illeg}o not yet made punishable by law, & that the said Receivers & others ought to forbear this practise till th{illeg}ey have authority for what they do. assisting the Merchants in making an unlawful profit of Moyder making an putting away Moyders at more then the just value till they have authority for what they do.