The Real Causes of the High Rate of Exchange And the Only True Remedies 8

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the Bank of En- gland fhould be obliged to fend out agents there, to circulate their Notes, and give them for the currency of the Country, by which means the Traders in thefe Iflands, would be able to remit home at par.
The ' ( 54 ) The lafl: propofed Remedy, which will be taken notice of, is one ftated in a pam-» phlet lately put limed, and which the au-, thor afTerts, is radical, practicable, and free from any folid objection, it is, that Qovernment Jhould make their payments at the 'Tredfary
...-m Bank of England Notes. This boailed cure for the i\ls of the Country- might be refuted, by a repetition of the.
fimple queflion. where or how is the Go-r vernment in this Country to procure thefe Notes? but as ttie Author has employed twenty pages, in what he either conceives- to be* or wifhes to pafs for, fair argu- ments in fupport of this Remedy, for fear of his doctrine gaining credit, it will be ne- ceffary to mew at more length, the fal» lacy of the meafure, and this will be done, not by following him through a Labyrinth of Sophifticalions, but by a plain flate- ment of what effects it would haye* i£- adopted.


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