[The History of England in Three Volumes, Vol.I., Part B. by David Hume]@TWC D-Link bookThe History of England in Three Volumes, Vol.I., Part B. CHAPTER XIX 49/50
Ireland cost two thousand pounds a year, over and above its own revenue; which was certainly very low.
Every thing conspires to give us a very mean idea of the state of Europe in those ages. From the most early times till the reign of Edward III., the denomination of money had never been altered; a pound sterling was still a pound troy; that is, about three pounds of our present money.
That conqueror was the first that innovated in this important article.
In the twentieth of his reign, he coined twenty-two shillings from a pound troy; in his twenty-seventh year, he coined twenty-five shillings. But Henry V., who was also a conqueror, raised still farther the denomination, and counted thirty shillings from a pound troy:[****] his revenue therefore must have been about one hundred and ten thousand pounds of our present money; and by the cheapness of provisions, was equivalent to above three hundred and thirty thousand pounds. * Rymer, vol.x.p.
114. ** Liv.iv.chap.
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