Raps, are fo eafily diftinguished, even from the most worn genuine halfpenny, that nobody will now take them for a farthing, although under the great present want of change. I fhall here fubjoin fome computations relating to Mr. M'Culla's copper notes. They were fent to me by a person well fkilled in fuch calculations, and therefore I refer them to the reader. Mr. M'Culla charges good copper at fourteen pence per pound, but I know not whether he means Avoirdupois or Troy weight. Avoirdupois is 16 oz. tó a lb. 6960 grains. 5760 grains. Mr. M'Culla's copper is fourteen pence per pound avoirdupois. Two of Mr. M'Culla's penny-notes, one with another, weigh · By which computation, 2 s. of his notes, which he fells for 524 grains. 1 lb. weight, will weigh - - 6288 grains. But I lb. avoirdupois weighs, as above, - 6960 grains. This difference makes 10 per cent. to Mr. M'Culla's profit, in point of weight. The old Patrick and David half penny weighs Mr. M'Culla's halfpenny weighs The difference is Which is equal to 10 per cent, The English halfpenny of King M'Culla's halfpenny weighs 131 grains, 36 The difference Which difference allowed a fifth part is 20 per cent, Another Computation. Mr. M'Culla allows his pound of copper (coinage included) to be worth twenty pence, for which he demands two fhillings. His coinage he computes at fix pence per pound weight; therefore, he laying out only twenty pence, and gaining four pence, he makes per cent. profit 20 The fix pence per pound weight, al- 10 By all which, (viz. coinage, profit, If Mr. M'Culla's coins will not pass, and he refufes to receive them back, the owner cannot fell them at above twelve-pence per pound weight; whereby, with the defect of weight of 10 per cent. he will lofe 60 per cent. The scheme of the fociety, raised as high as it can poffibly be, will be only thus: For intereft of their money, per cent. For coinage, instead of 10, fuppofe, at moft, per cent. For 300 l. laid out for tools, a mint, and houfe-rent, charge 3 per cent. upon the coinage of 10,000 l. Charges in all upon intereft, coinage, &c. per cent. 8 20 3 31 Which, with all the advantages abovementioned of the goodness of the metal, the largeness of the coin, the deepness and fairness of the impreffion, the affurance of the fociety confining itself to such a fum as they undertake, or as the kingdom shall approve; and, laftly, their paying in geld or filver for all their coin returned upon their hands, without any defalcation, would be of mighty benefit to the king dom; and, with a little steadiness and activity, could, I doubt not, be eafily com paffed. I would not in this fcheme recommend the method of promiffory notes after Mr. M'Culla's manner; but, as I have seen in old Irish coins, the words Civitas Dublin on one fide, with the year of our Lord, and the Irish Harp, on the reverse. DOING GO O D: A SERMON, On the Occafion of WOOD'S PROJECT. Written in the Year M DCCXXIV. GALATIANS vi. 10. As we have therefore opportunity, let us do NAT ATURE directs every one of us, and God permits us, to confult our own private Good before the private Good of any other person whatfoever. We are, indeed, commanded to love our neighbour as ourfelves, but not as well as ourselves. The love we have for ourselves is to be the pattern of that love we ought to have towards our neighbour: But, as the copy doth not equal the original, so my neighbour cannot think it hard, if I prefer myself, who am the original, before him, who is only the copy. Thus, if any matter equally concern the life, the reputation, the profit of my neighbour, and my own; the law |