Related Archive: Wood's Halfpence

Wood's Patent

Wood's Patent

Archived: 13 October 2026

Abstract

In 1722 George I authorised English ironmaster William Wood to mint up to 360 tons of copper halfpence and farthings for Ireland, initiating a controversy over currency, trade and political authority. Issued in London without Irish parliamentary consultation, the fourteen-year patent alarmed critics amid Ireland’s restricted autonomy following the 1720 Declaratory Act, although Swift’s attacks and parliamentary condemnation came later. Ireland’s rural economy, unequal imperial trade and unreliable small change formed its background. Executive government, policing proclamations and penal restrictions demonstrated state power. Dublin simultaneously celebrated Hanoverian rule with George I’s statue, while print culture widened constitutional unease more widely.

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