350 Assembly Proceeding s, Nov. 29-Dec. 17, 1708.

Lib. L. L.
No. 64.

An Act for Selling the Rates of fforreigne Silver Coyns within
this province.

Whereas her Majesty haveing had under Consideration the
Different Rates at which severall species of fforreigne Coynes
do pass in her severall plantations and the inconveniences
thereof by the Indirect practice of drawing the money from one

plantation to another did issue her Royall Proclamation bearing

date the Eighteenth day of June one thousand seven hundred
and four for selling and ascertaining the Current Rate of ffor-
reigne Coynes in the said plantations at Rates therein lymitted,
and it being observed that the said proclamation did not pro-
cure the desired Effect. It was in the sixth yeare of her present
Majestys Reigne by the Parliament of England Enacted in an
Act Intituled an Act for ascertaineing the Rates of fforreigne
Coynes in her Maj^tys plantations in America That no person
after the first day of May which shall be in the yeare of our
Lord one thousand seven hundred and nine account Receive
or pay any the Severall Species of fforreigne silver Coynes
mentioned in the said proclamation at any Greater Rate that

p. 352

at which the Same is thereby Setled without being Subject to
the paines and penaltys therein menconed.
By which it is Conceived that her Gracious Majesty is
desirous to Restraine our neighbouring plantations under pro-
prietors from taking such advantages as they have hitherto
practized against us under her immediate Commission and
Government in Restraineing them from Advancing The Rates
of silver Coyne higher then in the said proclamation is allowed
and allowing us to Come up to the said Rates it is humbly
pray'd that it may be Enacted.
And be it Enacted by the Queens most Excellent Maj^ty by
and with the Advice and Consent of her Maj^tys Governour
Councill and Assembly of this province and the Authority of
the same that from and after the first day of May which shall
be in the yeare of our Lord one thousand seven hundred and
nine the severall Species of fforreigne Silver Coyne mentioned
in the said proclamation shall pass and be Current in this
Province at the Rates therein menconed (that is to say) a peice
of Eight of Sevill pillar and Mexico weighing Seventeen penny
halfe penny weight and of foure Shillings and Six pence
Intrinsick Vallue shall pass Current at Six Shillings, and all
other fforreigne Coynes shall pass proportionably thereto
according to their weight and fineness (as by the Table hereunto
added is sett forth) for the discharge of any Contracts or Bar-
gaines made after the said first day of May one thousand
seven hundred and nine and Likewise shall pass in payments
of all Dutys and Impositions which Is for the Defraying the