A rude method--would we had a better--of suspending Cash-payments, and paying by bank-notes instead!' thinks Friedrich, I suppose.

From his Prussian Mints, from his Saxon [which are his for the present], and from the little Anhalt-Bernburg Mint [of which he expressly purchased the sad privilege,--for we are not a Coiner, we are a King reduced to suspend Cash-payments, for the time being], Friedrich poured out over all Germany, in all manner of kinds, huge quantities of bad Coin.

This, so long as it would last, is more and more a copious fountain of supply.

This, for the first time, has had to appear as an item in War-Budget 1759: and it fails in no following, but expands more and more.

It was done through Ephraim, the not lovely Berlin Jew, whom we used to hear of in Voltaire's time;--through Ephraim and two others, Ephraim as President: in return for a net Sum, these shall have privilege to coin such and such amounts, so and so alloyed; shall pay to General Tauentzien, Army Treasurer, at fixed terms, the Sums specified: 'Go, and do it; our Mint-Officers sharply watching you; Mint-Officers, and General Tauentzien [with a young Herr Lessing, as his Chief Clerk, of whom the King knows nothing]; Go, ye unlovely!' And Ephraim and Company are making a great deal of money by the unlovely job.