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    
    
		
	
	
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