Suggests considering a revision of the relative value of gold and silver in England on the model of recent French legislation which has brought France into line with the Netherlands

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To the R^t Hon^ble the Lord Comm^rs of his Maj^ties Treasury.

May it please yo^r Lord^ps

By the late Edicts of the French king for raising the monies in France the proportion of the value of Gold to that of silver being altered, I humbly presume to give yo^r Lord^ps notice thereof. By the last of those Edicts the Lewid'or passes for fourteen Livres & the Ecus for three Livres & sixteen sols. At w^ch rate the Lewidor is worth 16^s 7^d sterling supposing the Ecus worth 4^s 6^d as it is recconed in the course of exchange {illeg}|&| as I have found it by {illeg}|s|ome assays. The proportion therefore between gold & silver is now become the same in France as it has been for some year in Holland For at Amsterdam the Lewid'or passes for nine Guilders & nine or ten styvers w^ch in o^r money amounts to 16^s 7^d, & it has past at this rate for the last five or six years, or above

At the same rate a Guinea of due weight & allay is worth 1^li. 00^s. 11^d. {of} {illeg}

In Spai{illeg}|n| Gold is recconed (in stating accompts) worth sixteen times its weight i{s}|is| silver of the same allay, at w^ch rate a Guinea of due weight & allay is worth 1^li. 2^s. {2}^d1^d. but the Spaniards make their payments in gold & will not pay silver without a premium. This premium is not certain but rises & falls accordingly as Spain is sp|u|pplied with Gold or Silver in most plenty from the West-Indies. Last winter it was about 5 p^r cent.

The state of the money in France being unsetled, whether it may {illeg}|a|fford a sufficient argument for making any alteration in the proportion between the values of gold & silver monies in England is most humbly submitted to yo^r Lord^ps great wisdome

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Is. Newton