Penny Dreadfuls, 1736 · page 16 of 16
Thoughts on Trade — page 16: what you’re looking at
What you’re looking at
# Analysis of Page 16 This is a **running prose page** from what appears to be an early economic treatise (not a penny dreadful, contrary to the prompt's framing). The visible text discusses trade deficits and currency regulation in England and Ireland. The author argues that losses in trade have drained cash reserves, forcing reliance on paper credit, which will similarly decline if trade decay continues. He advocates for coining unused gold and silver, urging swift action to avoid prolonged delays. The page concludes with an advertisement: someone named Lloyd seeks to negotiate business opportunities in Dublin and northern Ireland, proposing to depart July 1st and return to London by October. The text references a promised "Second Part" discussing lowering the coin, suggesting this is part of a longer work.
📄 Transcribed text from this page (OCR, searchable)
Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.
16, ‘Value than Gold and Silver fold for ; bu when we came to lofe the Advantage in Dealing, we were drained of our Cafh to fupply that Lofs, which. at length. obliged us to. have Recourfe to Paper Credit, which alfo muft fink in Proportion. to the Lofs in Trade, if the Decay in our Trade continue. So that we have now two Evils, to rectify the Advantage in Trade, is no other Ways to, be obtained but by exerting Induftry, as we have a large Quantity of Gold and Silver uncoined, or in foreign Specie; in England, Ireland, &c. the Coins may. be regulated, and the fooner we go about the Work, the better; for to delay the fame, may oblige us to be an Age doing, whatmay at this time be done in afew Years. Of which expect ‘more in the Second Part, on the Author's return from. Ire/and ; with Sentiments on Lowering the Coin. : “KDVER TISEME N°“T, | Ojine{s:of any Kind in Dublin, or any ED where not much out of the Road to ~ London-Derry, zz the North of Ire- land, will be Negotiated on the Employer's own Terms. ~ Lloyd propofes to fet out the sft of July next, and to return to London the beginning of Oober, or fooner, if need be.