£2,000 had been the customary security for the mastership until the previous incumbent, Thomas Neale, gave £15,000 to allay doubts raised by his somewhat dubious financial history

Author: Isaac Newton

Source: MINT 19/1/64, National Archives, Kew, Richmond, Surrey, UK

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- Revision History
  - 1 January 2001
    - Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young
  - 29 September 2011
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  - 21 July 2015
    - Transcribed by Will Scott
  - 18 September 2016
    - Will Scott finished transcription
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<64r>

To the R^t Hon^ble the Lords Comm^rs of his Maj^ts Treasury.

May it please yo^r Lord^ps

It has been usual for the Masters & Workers of his Maj^ts Mint to give 2000^℔ security to the King before the sealing of the Indenture of the Mint and to mention the same in the Indenture. Thus did S^r Rob^t Harley in the second year of King Charles the first, S^r Ralph Freeman in the twelft year of King Charles the second and M^r Slingsby in the 22^th year of the same King. M^r Neale being \far/ in debt {&}\having spent a large estate and being far in debt/ made his way into y^e place by granting half the profits thereof to other Officers of the Mint & giving 15000^℔ security to the King and had time given him to find this security after the sealing of his Indenture. But his Melter M^r Ambrose (through whose hands all the coynage was to pass) gave but 2000^℔ security to M^r Neale. The coynage being now much less then in the time of any of the Masters & Workers above mentioned, if yo^r Lord^ps please to accept of the usual security of 2000^℔ I am ready to give it that it may be entred in the Indenture now to be sealed. All w^ch is most humbly submitted to yo^r Lord^ps great wisdome

Is. Newton

^[1]

^[1] Mint Office.
Iune 21. 1700.