Whereas the exportation of silver in the form of Bullion only occasions the coyning considerable quantities ofthereof by the Indians in such Ports of the East Indies where the Merchants tradeing to the East Indies those countries have not a Mint of their own for which coynage the Indians receive of the Indians Merchants a considerable seigniorage or Duty at discretion, and whereas the bringings of bullionforreign silver to the Mint may tend to the increase of the coyn of this kingdom and the coynage of such Bullionsilver in England will be encouraged by giving liberty to export so much money by weight and no more as shall be coyned out of such forreign silver and the said monies by circulating in England till exportation will be usefull to the Merchant and be an addition to the coyn of this kingdom and so much thereof as shall at any time be exported will by circulating in forreign countries make this kingdome appear abroad more rich and potent then at present to the great credit of the English nation: Be it enacted by the authority aforesaid

Memm.Memorandum Mr Harrison says that thôough they should export our Silver mony the E.East India Co.Company would be obliged to retain it.