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[Page 3]
cheaper for it seems at once impossible that the abstraction of a market & the Greatest if not the only market in the Island Can have renderd the Commodity this market requird dearer unless it may be that an artificial scarcity of the Commodity is Created by the want of a market for it which could be instantly relievd if a new market was opend
What then Can be the Reason why gold has so suddenly risen in Price & why it keeps so Steadily at the new value it has so lately assumed?
This is Question of much difficulty but it may not be unimportant to Remark in the first Place that Silver for which a Content [Constant] & a very Quick market has been kept up Rose Rapidly for some time & of Late Even before the Capture of the Spanish Plate Ships sunk almost to Coinage Price
The Bullion Coind by any nation is by the act of Coinage taken at once out of the market of Profit & Loss, it instantly on assuming the price of Coin becomes an article which Every man will part with without expecting any advantage from the transfer, his advantage being drawn from an other Sources the Pleasure advantage he derives from the Posession of the article he Purchases or that the Profit he hopes to derive from the future Sale of it
for Great Britain then there are 30,000,000 of