[1706/10/204]¹

Procedure: committee report read

A report brought in from the committee to whom the consideration of the coin was remitted, was read.

It is the opinion of the committee that it is necessary that the government reduce the current coin of this nation to the standard of that of England, whereby trade may be put on an equal footing, and that in case the union take effect the loss that may happen to the then proprietors of the silver coin be made up out of the equivalent, and that there be presently a proclamation emitted to certify the lieges that, notwithstanding of all the rumours that have lately been anent the coin, that in the meantime the same is to pass at the rates it now does within this kingdom.

[Signed] Alexander Campbell, in the presence of the committee.

As also, a draft of a proclamation in relation thereto and, after reasoning thereon, both were remitted back to the said committee to be further considered.