That the monies of gold and silver beyond the
seas were more feeble than the monies of England,
on which account the merchants could not bring
bullion into England for their profit nor for the King's
advantage. But if any manner of bullion of gold were
brought into the kingdom, by persons travelling, it was
sold to those who conveyed it out of England, to their
great gain and to the injury of the whole realm.
That the silver of England which [i.e. when it]
was found to be good and heavy, was taken into Scotland,
because the money of that country was so light.
That the gold of England being so good and
heavy, and that beyond sea so light, the nobles which
came from Calais were gone into Flanders, and the
English nobles were carried beyond the sea, to the
great profit of those who exported them, etc. etc. Page 51