325), with a table of income and expenditure over five years (1711-15)

Author: Isaac Newton

Source: MINT 19/1/313-14, 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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  - 20 August 2016
    - Transcribed by Will Scott
  - 22 September 2016
    - Will Scott finished transcription
  - 16 April 2020
    - Kees-Jan Schilt edited transcription
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<313r>

To the Right Hon:^ble the Lords Commissioners of His Majestys Treasury

May it Please Your Lordships

The Act of Coinage being near expiring We have thought it Our Duty humbly to lay before your Lordships the annexed abstract showing what the Moneys Leviable by that Act have amounted unto for these five years past (exclusive of £1200 ꝑ annum paid to the Mint in Scotland, & about £300 ꝑ annum paid for prosecuting Clippers and Coiners) and what the Charges of Coinging the Gold & Silver Moneys within the said time come to exclusive of Sallarys and of Repairs of Houses, Offices, and Buildings which amount yearly to about £3500.

If the Coinage of Gold continues to be so Great as it has been the two last years the Charge of the Mint will exceed the Income by about five or six Thousand pounds yearly this has hitherto been Supplyed out of the Stock that remained in the Mint which was accrued in time of War and is now reduced under £1000, which will scarce Suffice to carry on the Coinage above a Month longer.

Wherefore We humbly propose to your Lordships that the House of Commons may be Moved that the Act of Coinage may be Renewed this Session of Parliament with an Augmentation of the Duty from Ten Shillings ꝑ Tun, to Fifteen Shillings upon Wines &c, & from 20 p to 30 p per Tun upon Brandy; with such Restrictions, or Application of the Money arising there from \as/ the House shall think fitt, when it shall appear that the Income shall exceed the Charge of the Mint

Which is most humbly Submitted to your Lordships great Wisdom

Rich Sandford

Is. Newton

7 Feb. 1715

<314r>

Abstract of Moneys Received out of the Exchequer out of the Coinage Duty, exclusive of what has been paid for the Mint in Scotland and for prosecuting Clippers and Coiners.				Charge of the Coinage of Gold and Silver Moneys Exclusive of Sallarys, and Repairs of houses Offices and Buildings.
1711	5865:	13:	06 $\frac{1}{2}$	1711	5178:	08:	03
1712	4051:	16:	09 $\frac{1}{2}$	1712	1243:	17:	01 $\frac{1}{2}$
1713	5055:	05:	02 $\frac{1}{2}$	1713	4796:	03:	09
1714	10036:	19:	07	1714	10228:	03:	03
1715	9706:	15:	01	1715	13430:	06:	01.
	34716:	10:	02 $\frac{1}{2}$		34876:	18:	05 $\frac{1}{2}$