Observations on William Wood half-pence patent and resolutions
Patentee Wilexyam Wood submits Observations to the House of Commons committee on copper farthings and half-pence, defending the patent. The committee concludes coinage harms the royal revenue, trade, and subjects’ rights, but acknowledges potential revenue gains from imports and questions weight and authenticity. The document discusses weight, cost, and premiums, asserting misrepresentation and urging scrutiny of the patent’s terms and effects on the kingdom.