I am your servant,

M.B.

Aug. 4, 1724.

The Report of the Committee of the Lords of His Majesty’s most honourable Privy-Council, in relation to Mr. Wood’s Halfpence and Farthings, etc.[1]

AT THE COUNCIL CHAMBER AT WHITEHALL, THE 24TH DAY
OF JULY, 1724.

In obedience to your Majesty’s order of reference, upon the several resolutions and addresses of both Houses of Parliament of Ireland, during their late session, the late address of your Majesty’s justices, and Privy-council of that kingdom, and the petitions of the county and city of Dublin, concerning a patent granted by your Majesty to William Wood Esq; for the coining and uttering copper halfpence and farthings in the kingdom of Ireland, to such persons as would voluntarily accept the same; and upon the petition of the said William Wood, concerning the same coinage, the Lords of the Committee have taken into their consideration the said patent, addresses, petitions, and all matters and papers relating thereto, and have heard and examined all such persons, as upon due and sufficient notice, were desirous and willing to be heard upon the subject matter under their consideration, and have agreed upon the following Report, containing a true state of the whole matter, as it appeared before them, with their humble opinion, to be laid before your Majesty for your royal consideration and determination, upon a matter of such importance.

[Footnote 1:  For the story of the origin of this report see the Note prefixed to Letter III. [T.S.]]

The several addresses to your Majesty from your subjects of Ireland, contain in general terms the strongest representations of the great apprehensions they were under, from the importing and uttering copper halfpence and farthings in Ireland, by virtue of the patent granted to Mr. Wood, which they conceived would prove highly prejudicial to your Majesty’s revenue, destructive of the trade and commerce of the kingdom, and of dangerous consequence to the properties of the subject.  They represent, That the patent had been obtained in a clandestine and unprecedented manner, and by notorious misrepresentations of the state of Ireland; That if the terms of the patent had been complied with, this coinage would have been of infinite loss to the kingdom, but that the patentee, under colour of the powers granted to him, had imported and endeavoured to utter great quantities of different impressions, and of less weight, than required by the patent, and had been guilty of notorious frauds and deceit in coining the said copper money:  And they humbly beseech your Majesty, that you would give such directions, as in your great wisdom you should think proper, to prevent the fatal effects of uttering any half pence or farthings by virtue of the said patent:  And the House of Commons of Ireland, in a second address upon this subject, pray, That your Majesty would be pleased to give directions to the several officers intrusted in the receipt of your Majesty’s revenue, That they do not on any pretence whatever, receive or utter any of the said copper halfpence or farthings.