NOTE
About the year 1720 it was generally acknowledged in Ireland that there was a want there of the small change, necessary in the transaction of petty dealings with shopkeepers and tradesmen. It has been indignantly denied by contemporary writers that this small change meant copper coins. They asserted that there was no lack of copper money, but that there was a great want of small silver. Be that as it may, the report that small change was wanting was sufficiently substantiated to the English government to warrant it to proceed to satisfy the want. In its dealings with Ireland, however, English governments appear to have consistently assumed that attitude which would most likely cause friction and arouse disturbance. In England coins for currency proceeded from a mint established under government supervision. In Scotland such a mint was specially provided for in the Act of Union. But in Ireland, the government acted otherwise.
The Irish people had again and again begged that they should be permitted to establish a mint in which coins could be issued of the same standard and intrinsic value as those used in England. English parliaments, however, invariably disregarded these petitions. Instead of the mint the King gave grants or patents by which a private individual obtained the right to mint coins for the use of the inhabitants. The right was most often given for a handsome consideration, and held for a term of years. In 1660 Charles II. granted such a patent to Sir Thomas Armstrong, permitting him to coin farthings for twenty years. It appears, however, that Armstrong never actually coined the farthings, although he had gone to the expense of establishing a costly plant for the purpose.
Small copper coins becoming scarce, several individuals, without permission, issued tokens; but the practice was stopped. In 1680 Sir William Armstrong, son of Sir Thomas, with Colonel George Legg (afterwards Lord Dartmouth), obtained a patent for twenty-one years, granting them the right to issue copper halfpence. Coins were actually struck and circulated, but the patent itself was sold to John Knox in the very year of its issue. Knox, however, had his patent specially renewed, but his coinage was interrupted when James II. issued his debased money during the Revolution (see Monck Mason, p. 334, and the notes on this matter to the Drapier's Third Letter, in present edition).
Knox sold his patent to Colonel Roger Moore, who overstocked the country with his coins to such an extent that the currency became undervalued. When, in 1705, Moore endeavoured to obtain a renewal of his patent, his application was refused. By 1722, owing either to Moore's bad coinage, or to the importation of debased coins from other countries, the copper money had degraded considerably. In a pamphlet[1] issued by George Ewing in Dublin (1724), it is stated that in that year, W. Trench presented a memorial to the Lords of the Treasury, complaining of the condition of the copper coinage, and pointing out that the evil results had been brought about by the system of grants to private individuals. Notwithstanding this memorial, it was attempted to overcome the difficulty by a continuance of the old methods. A new patent was issued to an English iron merchant, William Wood by name, who, according to Coxe, submitted proposal with many others, for the amelioration of the grievance. Wood's proposals, say this same authority, were accepted "as beneficial to Ireland." The letters patent bear the date July 12th, 1722, and were prepared in accordance with the King's instructions to the Attorney and Solicitor General sent in a letter from Kensington on June 16th, 1722. The letter commanded "that a bill should be prepared for his royal signature, containing and importing an indenture, whereof one part was to pass the Great Seal of Great Britain." This indenture, notes Monck Mason,[2] between His Majesty of the one part, "and William Wood, of Wolverhampton, in the County of Stafford, Esq.," of the other, signifies that His Majesty
"has received information that, in his kingdom of Ireland, there was a great want of small money for making small payments, and that retailers and others did suffer by reason of such want."
[Footnote 1: "A Defence of the Conduct of the People of Ireland in their unanimous refusal of Mr. Wood's Copper Money," pp. 22-23.]
[Footnote 2: "History of St. Patrick's Cathedral," note v, pp. 326-327.]
By virtue, therefore, of his prerogative royal, and in consideration of the rents, covenants, and agreements therein expressed, His Majesty granted to William Wood, his executors, assigns, etc., "full, free, sole, and absolute power, privilege, licence, and authority," during fourteen years, from the annunciation of the Blessed Virgin, 1722, to coin halfpence and farthings of copper, to be uttered and disposed of in Ireland, and not elsewhere. It was provided that the whole quantity coined should not exceed 360 tons of copper, whereof 100 tons only were to be coined in the first year, and 20 tons in each of the last thirteen, said farthings and halfpence to be of good, pure, and merchantable copper, and of such size and bigness, that one avoirdupois pound weight of copper should not be converted into more farthings and halfpence than would make thirty pence by tale; all the said farthings and halfpence to be of equal weight in themselves, or as near thereunto as might be, allowing a remedy not exceeding two farthings over or under in each pound. The same "to pass and to be received as current money, by such as shall or will, voluntarily and willingly, and not otherwise, receive the same, within the said kingdom of Ireland, and not elsewhere." Wood also covenanted to pay to the King's clerk or comptroller of the coinage, £200 yearly, and £100 per annum into his Majesty's treasury.
Most of the accounts of this transaction and its consequent agitation in Ireland, particularly those given by Sir W. Scott and Earl Stanhope, are taken from Coxe's "Life of Walpole." Monck Mason, however, in his various notes appended to his life of Swift, has once and for all placed Coxe's narrative in its true light, and exposed the specious special pleading on behalf of his hero, Walpole. But even Coxe cannot hide the fact that the granting of the patent and the circumstances under which it was granted, amounted to a disgraceful job, by which an opportunity was seized to benefit a "noble person" in England at the expense of Ireland. The patent was really granted to the King's mistress, the Duchess of Kendal, who sold it to William Wood for the sum of £10,000, and (as it was reported with, probably, much truth) for a share in the profits of the coining. The job was alluded to by Swift when he wrote:
"When late a feminine magician,
Join'd with a brazen politician,
Expos'd, to blind a nation's eyes,
A parchment of prodigious size."
Coxe endeavors to exonerate Walpole from the disgrace attached to this business, by expatiating on Carteret's opposition to Walpole, an opposition which went so far as to attempt to injure the financial minister's reputation by fomenting jealousies and using the Wood patent agitation to arouse against him the popular indignation; but this does not explain away the fact itself. He lays some blame for the agitation on Wood's indiscretion in flaunting his rights and publicly boasting of what the great minister would do for him. At the same time he takes care to censure the government for its misconduct in not consulting with the Lord Lieutenant and his Privy Council before granting the patent. His censure, however, is founded on the consideration that this want of attention was injudicious and was the cause of the spread of exaggerated rumours of the patent's evil tendency. He has nothing to say of the rights and liberties of a people which had thereby been infringed and ignored.
The English parliament had rarely shown much consideration for Irish feelings or Irish rights. Its attitude towards the Irish Houses of Legislation had been high-handed and even dictatorial; so that constitutional struggles were not at all infrequent towards the end of the seventeenth and during the first quarter of the eighteenth century. The efforts of Sir Constantine Phipps towards a non-parliamentary government,[3] and the reversal by the English House of Lords of the decision given by the Irish House of Lords in the famous Annesley case, had prepared the Irish people for a revolt against any further attempts to dictate to its properly elected representatives assembled in parliament. Moreover, the wretched material condition of the people, as it largely had been brought about by a selfish, persecuting legislation that practically isolated Ireland commercially in prohibiting the exportation of its industrial products, was a danger and a menace to the governing country. The two nations were facing each other threateningly. When, therefore, Wood began to import his coin, suspicion was immediately aroused.
[Footnote 3: See Lecky's "History of Ireland," vol. i., p. 446, etc.]
The masses took little notice of it at first; but the commissioners of revenue in Dublin took action in a letter they addressed to the Right Hon. Edward Hopkins, secretary to the Lord Lieutenant. This letter, dated August 7th, 1722, began by expressing surprise at the patent granted to Mr. Wood, and asked the secretary "to lay before the Lord Lieutenant a memorial, presented by their agent to the Lords of the Treasury, concerning this patent, and also a report of some former Commissioners of the revenue on the like occasion, and to acquaint his Grace, that they concurred in all the objections in those papers, and were of opinion, that such a patent would be highly prejudicial to the trade, and welfare of this kingdom, and more particularly to his Majesty's revenue, which they had formerly found to have suffered very much, by too great a quantity of such base coin."[4] No reply was received to this letter.
[Footnote 4: "A Defence of the Conduct of the People of Ireland," etc., p. 6.]
Fears began to be generally felt, and the early murmurs of an agitation to be heard when, on September 19th, 1722, the Commissioners addressed a second letter, this time to the Lords Commissioners of His Majesty's Treasury. The letter assured their Lordships "that they had been applied to by many persons of rank and fortune, and by the merchants and traders in Ireland, to represent the ill effects of Mr. Wood's patent, and that they could from former experience assure their Lordships, it would be particularly detrimental to his Majesty's revenue. They represented that this matter had made a great noise here, and that there did not appear the least want of such small species of coin for change, and hoped that the importance of the occasion would excuse their making this representation of a matter that had not been referred to them."[5]
[Footnote 5: Ibid, pp. 6-7.]
To this letter also no reply was vouchsafed. In the meantime, Wood kept sending in his coins, landing them at most of the ports of the kingdom.
"Then everyone that was not interested in the success of this coinage," writes the author of the pamphlet already quoted, "by having contracted for a great quantity of his halfpence at a large discount, or biassed by the hopes of immoderate gain to be made out of the ruins of their country, expressed their apprehensions of the pernicious consequences of this copper money; and resolved to make use of the right they had by law to refuse the same".[6]
[Footnote 6: Ibid, p. 7.]
The Lord Lieutenant, the Duke of Grafton, had arrived in August, 1723, and parliament sat early in September. Its first attention was paid to the Wood patent. After the early excitement had subsided, they resolved to appeal to the King. During the early stages of the discussion, however, the Commons addressed the Lord Lieutenant, asking that a copy of the patent and other papers relating to it, be laid before them. This was on September 13th. On the following day Mr. Hopkins informed the House that the Lord Lieutenant had no such copy, nor any papers. The House then unanimously resolved to inquire into the matter on its own account, and issued orders for several persons to appear before it to give evidence, fixing the day for examination for September 16th. On that day, however, Mr. Hopkins appeared before the members with a copy of the patent, and informed them that the Lord Lieutenant had received it since his last communication with them. This incident served but to arouse further ridicule. A broadside, published at the time with the title "A Creed of an Irish Commoner," amusingly reveals the lameness of the excuse for this non-production of the exemplification. Coxe says that the cause for the delay was due to the fact that the copy of the patent had been delivered to the Lord Lieutenant's servant, instead of to his private secretary; but this excuse is probably no more happily founded than the one offered.
On Friday, September 20th, the House resolved itself into a committee "to take into consideration the state of the nation, particularly in relation to the importing and uttering of copper halfpence and farthings in this kingdom." After three days' debate, and after examining competent witnesses under oath, it passed resolutions to the following effect
(1) That Wood's patent is highly prejudicial to his Majesty's revenue, and is destructive of trade and commerce, and most dangerous to the rights and properties of the subject.
(2) That for the purpose of obtaining the patent Wood had notoriously misrepresented the state of the nation.
(3) That great quantities of the coin had been imported of different impressions and of much less weight than the patent called for.
(4) That the loss to the nation by the uttering of this coin would amount to 150 per cent.
(5) That in coining the halfpence Wood was guilty of a notorious fraud.
(6) "That it is the opinion of this Committee, that it hath been always highly prejudicial to this kingdom to grant the power or privilege of coining money to private persons; and that it will, at all times, be of dangerous consequence to grant any such power to any body politic, or corporate, or any private person or persons whatsoever."[7]
[Footnote 7: "Comm. Journals," vol. iii., pp. 317-325.]
Addresses to his Majesty in conformity with these resolutions were voted on September 27th.
The House of Lords passed similar resolutions on September 26th, and voted addresses embodying them on September 28th.[8]
[Footnote 8: "Lords' Journals," vol. ii., pp. 745-751.]
These Addresses received a better attention than did the letters from the revenue commissioners. The Houses were courteously informed that their communications would receive His Majesty's careful consideration. Walpole kept his promise, but not before he had fought hard to maintain the English prerogative, as he might have called it. The "secret" history as narrated in Coxe's lively manner, throws some light on the situation. Coxe really finds his hero's conduct not marked with "his usual caution." The Lord Lieutenant was permitted to go to Ireland without proper instructions; the information on which Walpole acted was not reliable; and he did not sufficiently appreciate the influence of Chancellor Midleton and his family. "He bitterly accused Lord Midleton of treachery and low cunning, of having made, in his speeches, distinction between the King and his ministers, of caballing with Carteret, Cadogan, and Roxburgh, and of pursuing that line of conduct, because he was of opinion the opposite party would gain the ascendency in the cabinet. He did not believe the disturbances to be so serious as they were represented, nor was he satisfied with the Duke of Grafton's conduct, as being solely directed by Conolly, but declared that the part acted by Conolly, almost excused what the Brodricks had done." Carteret complained to the King and proved to him that Walpole's policy was a dangerous one. The King became irritated and Walpole "ashamed." He even became "uneasy," and it is to be supposed, took a more "cautious" course; for he managed to conciliate the Brodricks and the powers in Dublin. But the devil was not ill long. The cabinet crisis resulted in the triumph of Townshend and Walpole, and the devil got well again. Carteret must be removed and the patent promoted. But Midleton and the Brodricks must be kept friendly. So Carteret went to Ireland as Lord Lieutenant, Midleton remained Chancellor, and constituted a lord justice, and St. John Brodrick was nominated a member of the Privy Council. Still farther on his "cautious" way, Ireland must be given some consideration; hence the Committee of the Privy Council, specially called to inquire into the grievances complained of by the Irish Houses of Parliament in their loyal addresses.
The Committee sat for several weeks, and the report it issued forms the subject of Swift's animadversions in the Drapier's third letter. But the time spent by the Committee in London was being utilized in quite a different fashion by Swift in Ireland. "Cautious" as was Walpole, he had not reckoned with the champion of his political opponents of Queen Anne's days. Swift had little humour for court intrigues and cabinet cabals. He came out into the open to fight the good fight of the people to whom courts and cabinets should be servants and not self-seeking masters. Whatever doubts the people of Ireland may have had about the legal validity of their resentment towards Wood and his coins, were quickly dissipated when they read "A Letter to the Shop Keepers, Tradesmen, Farmers, and Common People of Ireland, concerning the Brass Half-pence coined by Mr. Wood," and signed, "M.B. Drapier." The letter, as Lord Orrery remarked, acted like the sound of a trumpet. At that sound "a spirit arose among the people, that in the eastern phrase, was like unto a trumpet in the day of the whirlwind. Every person of every rank, party, and denomination was convinced, that the admission of Wood's copper must prove fatal to the Commonwealth. The papist, the fanatic, the Tory, the Whig, all listed themselves volunteers under the banners of M.B. Drapier, and were all equally zealous to serve the Common cause."
The present text of the first of the Drapier's letters is based on that given by Sir W. Scott, carefully collated with two copies of the first edition which differed from each other in many particulars. One belonged to the late Colonel F. Grant, and the other is in the British Museum. It has also been read with the collection of the Drapier's Letters issued by the Drapier Club in 1725, with the title, "Fraud Detected"; with the London edition of "The Hibernian Patriot" (1730), and with Faulkner's text issued in his collected edition of Swift's Works in 1735.