<336r>

By the Act of 18 Caral. II chap v saith that there shall not be issued out of ye Exchequer of the said [coynage] moneys in any one year, for the Fees & {illeg}|Sa|laries of the Officers of ye Mint or Mint or {sic} Mints & towards the providing, main{illeg}|ta|ining & repairing of the Houses Offices & other necessaries [or {illeg}|a|ppurtenances] for assaying melting down & coy{illeg}|n|ing, above the summ of three thousand pounds sterling money & the overplus of the said moneys so kept or to be kept as aforesaid shall be employed for & towards the expence of wast & charge of assaying melting down & coynage & buying {illeg}|in| of Gold & silver to coyn & not others|w||ise.| And in the preceding paragraph {illeg}|th|ese charges are called the [standing] charge of the Mint or Mints, & [that] of the assaying melting down wast & coynage of gold & silver \& the encouragement of the bringing in of gold & silver/ into ye said Mint or Mints there to be coyned &c.

The first part of ye charge limited to 3000li I reccon to be ye standing charge of Salaries & buildings wth their nece{illeg}|es|sary appurtenc{illeg}|e|s (such as are convenient Chimne{illeg}|y|s, Hearths, floors, \tables/ & places therein) for constituting a Mint. The latter part to be the charge of the instruments materials workmanshi{illeg}|p| & wast arising from the quantity of coynage & proportional to it, & {coyn} as|&| well as requisite for carrying it on. And of this sort I reccon \Mills/ furnaces, coppels, coats for ye Assay office, water silver, Aqua fortis, refining, allaying &c. And in this sense the Act has been constantly interp{illeg}|r|eted, as may be under|s|s|t|ood by the old Accounts of the Warden & Master.

In those Accts the salaries upon the establishment of ye Indenture amounted \formerly/ to 2600li. And the charges of repairs came to two three & s{illeg}|o|metimes almost 400li more. The Articles in the Masters Accts for furnaces & charges of assaying refining & allaying were always recconed to ye charges of coyning. And the extraordinary salaries upon Warrant went wth the incident charges as an Article{s} not provided for by the Act, excepting that the Master about eight or nine years ago ordered the extraordinary salary of the Wardens Cler second Clerk amounting to 40li per an to be recconed into ye 3000li.

In {illeg}|t|he Accts for ye 16|7|12 {illeg}|t|he salaries upon ye Indenture payable by the Wardens amount unto 1435, those payable by the Master unto 1080. The Wardens second Clerk 40, the Graver's Apprentice 35li The Smith assistant to ye Gravers 40li & the Moneyers 400li. T|A|nd the Repairs of the buildings in the Wardens Ac{o}|c|ts 3{illeg}|8|9li 2s \+ 1.. 13. 6/. The w{illeg}|h|ole amounts unto 3{illeg}9 {illeg} |3430. 15. 6.|

The Articles of incidents in the Wardens Acct (amounting to 180. 7. 0 11. 13. 6) was ne{illeg}|{v}{w}| yet recconed to the 3000 pounds. And sometimes there are {illeg}|s|uch large incidents as will not admit of such a recconing as for instance 120li charge of ye last trial of the Pix & 160li the making the last trial pieces. The Press room is ready to tumble fall down & it ye allowance of 3000li (now 3500) be too much crouded there will be no room {f} money to rebuild it.

<336v>

vizt the charge of \stationary ware for the/ ballances weights, \{illeg} Mills/ furnaces, coppels, \water silver Aqua fortis &/ charcoale for the Assay office, water silver, aqua fortis refining, allaying melting & coyning

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Professor Rob Iliffe
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Scott Mandelbrote,
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Faculty of History, George Street, Oxford, OX1 2RL - newtonproject@history.ox.ac.uk

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