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Printed in NC, 4: 373-4.
To the tblersties
May it please rps
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 rps
last of those Edicts the Lewis d'or passes for fourteen Livres & the Ecus or
French crown for three Livres & sixteen sols. At ch
is worth 16s 7d sterling supposing the Ecus worth 4s 6d as it is recconed
in the course of exchange & as I have found it by some Assays. The
proportion therefore between gold & silver is now become the same in
France as it has been in Holland for some years. For at Amsterdam
the Lewis d'or passes for nine Guilders & nine or ten styvers ch
money amounts to 16s 7d & it has past at this rate for the last five
or six years.
At the same rate a Guinea of due weight & allay is worth
1 li. 00
In Spain Gold is recconed (in stating Accompts) worth sixteen times
its weight of silver of the same allay, at ch
due weight & allay is worth 1 li. 2
The state of the money in France being unsetled, whether
it may afford a sufficient argument for altering the proportion
of the values of Gold & Silver monies in England is most humbly
submitted to rps
Is. Newton.
r Newtons Memorial
concerning the proportion of
Gold to silver in value.