148 A
Mr. M'Culla's Project about Halfpence, and a new
one proposed.
Written in Mdccxxix.


YOU desire to know my opinion concerning Mr. M'Culla's project, of circulating notes stamped on copper, that shall pass for the value of Halfpence and Pence. I have some knowledge of the man; and, about a month ago, he brought me his book, with a couple of his halfpenny notes: But I was then out of order, and he could not be admitted. Since that time I called at his house, where I discoursed the whole affair with him as thoroughly as I could. I am altogether a stranger to his character. He talked to me in the usual style, with a great profession of zeal for the public good; which is the common cant of all projectors in their bills, from a first minister of state down to a corn-cutter. But, I stopped him short, as I would have done a better man; because it is too gross a practice to pass at any time, and especially in this age, where we all know one another so well. Yet, whoever proposeth any scheme, which may prove to be a public benefit, I shall not quarrel, if it prove likewise very beneficial to himself. It is certain, that, next to the want of silver, our greatest distress in point of coin is the want of small change, which may be some poor relief for the defect of the former, since the crown will not please to take that work upon them here as they do in England.