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[Page 4]
& this not from the mass of the People or indeed any classes of People but the Brewers & their dependants the Victualers, nor do these complaints appear on examination to be so much founded on the actual excess of copper currency as to on the circumstance of Mr. Boultons having forced his Tokens into circulation rather too rapidly, by supplying Persons who have large numbers of Laborers or others sectors, who receiving daily pay, Dependent upon them, who to save themselves the trouble of collecting Silver coin for their weekly payments as they were used to do, have of late paid them in Mr. Boultons unbroken Rouleaux of two shillings worth each instead of Silver coins
London has hitherto received no more than 400 Tons of new Tokens in current value Equal to £89,600. There cannot however be a doubt that the quantity of Tokens of all sorts in London is very much beyond the necessary proportions as all the Mint Tokens & most of the Counterfeit ones that have disappeared in the countrey where the new ones now are in use, have no doubt been sent to the Capital & there is little doubt that it was the holders of these who used the Lord Mayor to issue the proclamation which has renewed their currency, but for that measure it is more than possible that Lord Liverpools opinion would have been verified, that the predilection of the public for the new Tokens would be so great as to induce the holders of the old ones to withdraw them silently from circulation & submit to the loss incurred by selling them as Old Copper, This