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

Diplomatic TextCatalogue Entry

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Whereas Moyders one with another are not worth above one pound seven shillings & seven pence farthing a piece, & by reason of their being a forreign coyn & the charge of recoining have of late then received at 1li. 7s 6d a piece by the approbation of the Lord Commissioners of his Majestys Treasury & yet Edward Elliot Es Paymaster for for the sixt contracts & Francis Manaton Es Receiver general of the land-tax have give publick notice that they & others (under pretence of advancing trade in Cornwall) will from henceforward 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 of England like that of putting away light or clipt money, tho not yet made punishable by law, & that the said Receivers & others ought to forbear assisting the Merchants in putting away Moyders at more then the just value till they have authority for what they do.