The three Guilder piece of Holland is worth5s 2∟d12.
Ten Guilders 15 Stivers in such money are worth18s.. 7234.
Ten Guilders 10 Stivers worth18. 234
Loss by the exchange1. 914
Allowed to ye soldiers in part of their loss0. 5524
Loss to the soldies1. 4124


The French Crown is worth 5 livers5s. 1d
The English Crown is valed {sic} at 17|4|.£ 5sous
Seventeen Livers are worth17. 325
Loss by the exchange2. 835
Whereof 14th allowed to ye soldiers0. 8320=0.lw. 13712sous
Totall allowed to ye soldiers{4} 17.lw 13712.sous.


And {sic} English Crown is worth in French specie money5|4|livrs. 18sous. 5d
Twenty shillings are worth intrinsecally19. 12|3|. 8
                           Extrinsecally17
Loss by exchange2. 13. 8
A quarter of that loss0. 13. 5
Allowed to ye soldiers17. 13. 5
An English Crown is \intrinsecally/ worth in Dutch specie money2G. 1712|35|
Twenty Shillings English are worth \intrinsecally/ in Dutch specie money11. 1025
                                  extrinsically10. 10
|Loss| Allowed to ye Soldiers a quarter of that loss.      wch is about a quarter of the whole loss0. 4. 0
Total allowed to the soldiers10. 15. 0
   The three Guilder piece of Holland is worth new out of the Mint is worth in new English silver speci money at a medium}{illeg}|5|d. 2d34.
   And thence 20s in new english silver money is worth \in/ new Dutch silver money at a medium}11G. 9st. 534denar.
   Twenty shillings English silver pass in Holland for10. 10. 0
   Loss by the exchange 812 pr cent0. 19. 534
   Whereof Her Maty allowed the soldiers\Forces in Flanders/0. 5. 0
   And the forces bare the loss of
   [Which allowance is a very little more then a quarter to the whole loss as 10 to 39 quamproxime. And the soldiers still lose|t| 14st. 534d] wch is|w|as about 613 per cent by the exchange.-0. 14. 534
   The French Crown new species is worth in \new/ English Silver money 5s. 1d. And thence twenty shillings English are worth in French silver money new species}19.Livrs 8{14} s 13.s 5∟3d
Twenty Shillings English money pass in Holland France\at Dunkirk/ for17. 0.
Loss by the Exchange2. 8{45} 13.5∟3

And as 39 to 10 so is this loss to 13{illeg} sous 812 deniers. And the next round number is 14 sous {illeg} an allowance proportional to ye loss. And the next round number is 14 sous. Which if her Maty should think fit to add to the 17 Livers, the allowance for 20s English will amount {un}to 17Liv. 14sous in Dunkirk.|,| |recconing a new french crown at 5 Livers, & the soldiers will still lose about ten pr cent by the exchange|

Quære whether the loss by the exchange\value of English money in Dunkirk/ may not diminish\encrease/ in times of peace & what allowance may be made on that acct

Which loss being divided between her Maty & the forces in the same proportion as before, her Majts allowance will come to 13{illeg}d sous 812 deniers or the next round number, 14 sous, & the loss born by the souldiers will be 1.liv. 19.sous 5∟3d wch is about ten per cent. This allowance added to <159v> the 17 livers makes 17 lvers, {illeg}14 sous to be paid at Dunkirk for 20s e|E|nglish, recconing the French crown new species at 5 livre{illeg}|s|. Whether her Majty will make this allowance or increase or diminish it is hum most humbly submitted to her Majts pleasure.

<160r>
    The three Gilder piece of Holland new out of the
mint is worth in new English silver mone{illeg}|y| at a 5s 2d34 at a medium. And thence twenty shillings s|n|ew English silver money is worth in new {illeg} Dutch silver money 11 Guilders 9 Stivers 534 deniers at a medium}11Gil. 9st. 534den
    Twenty shillings of English silver money \lately/ pass|ed| in Holland for10. 10. 0
    The loss by the exchange was0. 19. 534
    Whereof her Maty allowed to the forces in Flanders0. 5. 0
    And the forces {illeg}|ba|re the rest of the loss \vizt/ 14.sous 534denairs amounting to 613 per cent.}0. 14. 534
The French Crown new species \passed at Dunkirk for 5 livres &/ is worth in new English silver money 5s 1d ad|t| a medium. And thence twenty shillings of the new species 19livers 13.sous 5∟3denais|r|s at a medium.}4{illeg}|9|.liv. 14.sous 5∟3dern
    Twenty shillings of English silver money passes at Dunkirk for10.{illeg}|7.00|. 00
    The loss by the Exchange is{illeg}|2|. 13. 5∟3

Which loss being divided between her Majty & the forces at Dunkir amounts in the same proportion as in the payment of the forces a|i|n Flanders, her Majesties allowance to the forces at Dunkirk in part of that loss will come to 13.sous 812deniers, or, in the next round number, |to| 14 sous.

And the loss \to be/ born by the soldiers will be 1 liver, 19 sous, 5∟3 derniers which is about 10 per cent.

Whether

According to this recconing the forces will receive 17.liv 14sous for at Dunkirk for {illeg}|20|s English, \recconing a French Crown new species at 5 livres./ But whether her Majty shall think fit to approve or alter this allowance is most humbly submitted to her Majts pleasure.

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Professor Rob Iliffe
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Scott Mandelbrote,
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