Note 19 — LETTER II.
Reading edition
This Resolution was taken by his Majesty in 1725, on account of a Recoinage, which the Hamburghers thought necessary, partly in order to hinder their Silver from being carried out of their City to Denmark. This Dispute had considerable Consequences; so that the King of Denmark not being able to bring the Hamburghers to his Terms, push'd Matters so far as to fit out a couple of Frigats to cruise at the Mouth of the Elbe, which seized all Merchant Ships bound for that City. But in March 1736, the Affair was happily accommodated.