Holograph draft balance sheet for the Edinburgh Mint 1704-9

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According to yo^r Lord^ps verbal order I have have here {illeg} humbly lay before yo^r Lord^p the state of the case about the allowance to be made to {illeg} Master & Worker of her Maj^ts Mint at Edinburgh for the coinage|.| of silv per pound weight.

By the Indenture of her Maj^ties Mint in the t{illeg}|ow|er of London the allowance for coinage \of silver moneys/ in the Tower is after the rate of 16$\frac{1}{2}$^d per lw^t Troy.

By an Act of Parliament made in Scotland A. C. 1686 The Mas the allowance for coinage of silver moneys in her Maj^ties Mint at Edinburgh is after the rate of 20 pounds scotish {sic} per stone weight scottish,|[|& a stone weight Scottish is after the rate of conteins |[|16 pounds, each of 16 ounces Scottish.] conteins 20^℔. 11^oz. 6^dwt 16^gr Troy weight|]|. Whcih a] that is after the rate of about {illeg} 17$\frac{1}{2}$^d \English/ per pound weight Troy And recconing 3 pounds scottish to be worth 4^s 6^d$\frac{1}{2}$ scottish\English, as it is/ according to the intrinsic value of the moneys of both nations.

And|But| by an order of Council of Scotland \made upon the Vnion/ 3 pounds Scottish was put equivalent to 5^s English, & by this recconning this bring the allowance for coinage to 1{illeg}|9|$\frac{1}{11}$^d per lw^t Troy

Quære {illeg}

Quære whether

Quære what shall

The Quære whether the c|l|ate coinage of silver moneys shall be paid |for| according to y^e rate set down in the Indenture of the Mint or according to the Scotis said Act of Parliament rate set down in the said Act of Parliam^t or according to the order of Council & the said Act together.

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The Acc^t of G. Allardes Es Master & Worker of her Maj^ts Mint at Edinburgh from y^e      day of          1705|4| ~ ~ to the      day of        1709

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|In the first case the allowance comes to about 17$\frac{1}{2}$ per pound weight in the second to something more then 17$\frac{1}{2}$^d in the third to about 19$\frac{1}{11}$^d per pound weight Tro{illeg}|y|. Whether the \Mint in Scotland was allowed 20 pounds Sco{illeg}|ts| upon the stone weig{illeg}|h|t of silver moneys for the coynage thereof. And \3 pounds Scots is worth 54$\frac{1}{2}$^s at the just value but/ the Scots valued 13 pounds \shillings/ Scots at 12^d English before the union & at 13^d English at y^e {illeg} in distributing the Equivalent. Quære/|

|{illeg}| By the indenture of the Mint the Master & Worker is allowed sixteen pence half penny for coynage per po{illeg}|u|nd weight Troy for the coynage of silver moneys. The words of the Indenture are \hereunto annexed/. And the said Isaac Newton .... worker. \The question is what shall be allowed in y^e acc^ts of y^e late M^r & W^r per po upon the pd w^t Troy for the late coynage of silver moneys./

By her Maties warrant to w^ch a copy of this Indenture was annexed\of Iune 20, 1707/ the Officers o{illeg}|f| her Maj^ties Mint at Edinburgh \for putting the Act of Vnion in execution/ were directed to observe the {same} rules set down in \the rules of coynage set down in/ the said indenture w^th respect to thei{illeg}|r| several Offices. The words of the Warrant are hereunto annexed.

By \a clause of/ an Act of Parliament made in Scotland A. C. 1686|90| for a free coynage the Officer Master\the Master of the/ |[|entituled An act \Act anent an/ humble offer to his Ma^ty anent for an imposition upon certain commodities for defraying the expence of a free coynage it is ordeined, That the Master of the Mint have allow considering that by the Act of Parliament anent 1686 anent a free coynage there is only allowed eighteen pounds Scots upon the stone weight of silver for defraying the whole charge vast expences & loss upon the its coynage w^ch allowance {illeg} is found by experience to be too small & insufficient: therefore their Ma^ties with advice & consent of the said estates do hereby Rescind in all time coming that clause of the aforesaid Act, & further statute & ordein that the Master of the Mint have allowed to him in time coming twenty pound Scots instead of y^e said eighteen pounds Scots upon the stone weight of silver, as the just & reasonable allowance for defraying the said charge expence & lose upon its coinage in manner provided in the said Act.]

A scots stone weight is in English Troy weight 20^℔. 2^oz. 7^dwt. 14^gr & 20 pounds was|er||e| worth {illeg}|30|^s. 4|4||$\frac{1}{2}$|^d English \at an equal value/ before the union but upon the union was\were/ by the Privy {illeg}|C|ouncil of Scotland valued at 34^s. 4^d english in disposing of the Equivalent, & according to this value the coinage amounts to \about/ 19$\frac{1}{11}$ pence english per pound weight Troy.

|1|2|| These \Scots abovementioned/ Acts of Parliament are ceased & whether there by any other grant of 20 pounds scot{illeg}|s| p^r p{illeg} stone w^t sco{illeg}|t|s still in force \I do not know./, or how far custome \|grounded on these A/cts\|or the Act of {illeg} \to {illeg}/ {illeg}|w|^th the \said/ order/ for this allowance may obtein is the question.\may obtein may obtein, {from}/ or the Act of Vnion f w^th the Indenture of the mint may \be insisted on/ for an less allowance may obtein is the question. of the allowance be stated \of 16$\frac{1}{2}$^d/ \or how the allowance shall be/ \regulated/ by reason \& justice/ according to her Maj^ties pleasure\your Lord^ps great Wisdom/ is the question.

|3.| \If these be no other grant the question is {sic}/ The question{s} is how far {inste} the judgment of the said Parliam^t of 1696|0|, or|&| custome grounded upon their\{illeg}/ Act, \{illeg} Patent/ together with the said order of Council \in a P{illeg}/ may obtein for the {illeg} for this allowance, or the Act of u|V|nion w^th the Indenture of the mint {illeg} prevail for a less allowance, or how y^e allowance shall be regulated by reason & justice according to yo^r Lord^ps great wisdome|.| is the question.

|2|1|.| The Master could have coined the \new/ money cheaper \(but not so well)/ by {his} the\his/ old method of coining then by the new{illeg}|,| tho not so well. but the coinage would not have been performed so well.

M^r Foord