ENGLISH LAWS RESPECTING TRANSMUTATION.
So great an alarm was conceived about this time respecting the art of transmutation, that an act of parliament was passed in the fifth year of Henry IV, 1404, which lord Coke states as the shortest of our statutes, determining that the making of gold or silver shall be deemed felony. This law is said to have resulted from the fear at that time entertained by the houses of lords and commons, lest the executive power, finding itself by these means enabled to increase the revenue of the crown to any degree it pleased, should disdain to ask aid from the legislature; and in consequence should degenerate into tyranny and arbitrary power. [185]
George Ripley, of Ripley in the county of York, is mentioned, towards the latter part of the fifteenth century, as having discovered the philosopher's stone, and by its means contributed one hundred thousand pounds to the knights of Rhodes, the better to enable them to carry on their war against the Turks. [186]
About this time however the tide appears to have turned, and the alarm respecting the multiplication of the precious metals so greatly to have abated, that patents were issued in the thirty-fifth year of Henry VI, for the encouragement of such as were disposed to seek the universal medicine, and to endeavour the transmutation of inferior metals into gold. [187]