<148r>

To the most Honble the Lord High Treasurer of great Britain.

May it please yor Lordp

According to yor Lordps verbal order I humbly lay before yor Lordp the state of the case relating to the allowance to|fo||r| be made to the Master & Worker of\coynage in/ her Majties Mint at Edinburgh for coinage

By the Indenture of her Majties Mint the allowance for coynage is|o|f silver moneys is after the rate of sixteen pence half penny per pound weight Troy

By an Act of Parliament \wch was/ made in Scotland A. C. 1686 & expired at ye union, the allowed for coinage of silver moneys in her Maties Mint at Edinburgh is|w||as| after the rate of 20 livers Scottish per stone weight Scottish, that is after the rate of about seventeen pence halfpenny English per pound weight Troy.|,| |three livers be{illeg}|ing,| \really/ worth \but/ 4s 612d english|

By an order of Council of Scotland made u{illeg}|p|on the Vnion three livers Scottish wch |a|is|re| worth but 4s 6d 12d \english/, was|er||e| put equivalent to 5s English, & this brings the allowance for coinage to 19d 111d per pound weight Troy.

Quære {illeg} What shall be allowed to the late Master & Worker in his accounts for the \late/ coynage of silver moneys per pound weight Troy

NB There is due to the Master & At an allowance of 19111d per pound wt Troy there will due to ye Mr & Wr of that mint about 67000 pounds sterling |[|whereof 2446li. 3s. 3d12 is due to ye {illeg}|M|oneyers from ye Master at an allowance of 9d pr lwt Troy for coina{illeg}|g|e:|]| & that there is but about 3000 {illeg} li in the hands of the {M} Collectors in Scotland \&/ for paying off\in the Exchequer/ paying this acct.

Note also that\There is/ 2446li. 3s. 3d12 is due to the Moneyers from ye Masrter of ye said Mint, & that untill this debt is discharged the Masters account cannot regularly pass not be sworn to

Not also that ye Master{t}|T|here is further due to the Moneyers 254{illeg}|li| |2s| not yet placed in the Masters account.

<148v>

By an Act of P. for a free co wch \was/ made in Scotland A. C. 1686 for a free coynage & expired at the union, the Master & Wr of her Mats Mint at Edinburgh was allowed 20 pounds Scottish {illeg} per stone weight \Scottish/ for coinage \of Silver moneys/ {illeg}|&| 3 pounds scottish was then worth 4s 6d12 english \{illeg}|a|ccording to the intrinsic value of the moneys/ but upon the union was va was valued at 5s English by the Lords of the Council of Scotland in disposing of the Equivalent.|,| {sic} |{illeg}|And| {illeg} the Act of| /Parliament ceased at ye union & the Scottish is no longer current.\

By the Indenture of the Mint \in the Tower/ the |[|wch the Officers of |t|her Majts Mint of |at| Edinburgh were by her Majties warrant were directed to observe in respect of their seval {sic} Offices, the said {illeg}|]| the Master at her Majts Mint & worker is allowed for coinage of silver moneys after the rate of 1612d per pound weight Troy & thisf{illeg} Indenture is ann a coppy of this Indenture examined {illeg}|&| signed by the Officers of the this {a}|i|nt & \was/ annexed to her Majties Warrant wherein her Maty commands|e||d| the Officers of her Majties Mint in Scotland to observe the same wth respect to ye sev their several Offices that the constitution of both Mints might be alike ac{illeg}|co|ding {sic} to the intent of the Act of union.

Quare. Whether is the Masters \to be/ allowan|ed|ce pr lwt Troy \for coinage of silver moneys/ 20 pounds Scottish per stone weight Scottish or {illeg}|16|12d per pound weight Troy.

A {li} pound Scottish was worth 1s 616d {illeg} \eighteen pence & the sixt part of a penny/ English before the union & at the Vnion was valued by the at 20 1s 8d\twenty pence/ English by the Lords of ye Council of Scotland in disposing of ye equivalent. And a stone weight Scottish conteins 16 pounds Scottish each of 16 ounces scottish in ye pound

By an Act of P. wch was made in Scotland A. C 1686 for a free coynage & expired\ceased/ at the union, the Mr & Wr of her Majts Mint at Edinburgh \& this allowance amounts to 1738d per lwt Troy & by the valuation of the Council of Scotland/ was allowed 20 pounds Sc{illeg}|o|tish {sic} per Stone weight Scottish &|f|or coinage of silver moneys & {illeg} & the Scottish money is now \also/ \is also/ ceased|.| at the recoinage.

By the Indenture of the Mint in the Tower the Master & Wr is allowed for coinage of silver moneys after the rate of 1s 412d per poudn weight Troy & \{sic} for conforming the Scottish Mint to \the english/ pursuant to the Act of union/ was anne\x/{illeg}|d| to her Majesties Warrant whereby her Majty commanded the Officers of her Mint at Edinburgh to observe the same with respect to their several Offices /& the words of the Warrant\ |The words of the Indenture < insertion from f 149r > are < text from f 148v resumes > |

Q. 1. Whether is the Master of ye Mint ad|t| Edinburgh to be allowed for \the {late}/ coynage of the late silver moneys after the rate of 1612d pr pound weight Troy or 20 pounds Scottish pr stone wt scottish, or 1612d english pr pound weight Troy

Q. 2. What \And if the first then what are {illeg}/ /What are\ 20 pounds Scottish {illeg} to be valued at in English money? Whether at 1816 pence |30s. 3d{12}|13|| English {illeg} wch was their just value before the union while the said Sco{illeg}|tt|{illeg}\ish/ Act was in forcce, o{illeg}|r| at 20 pence\33s 4d/ English as the Lords of ye Council of Scotland valued them in {illeg}|d|isposing of the Equivalent. |In the first case the allowance \per lwt Troy/ will about to 1738d \pence in the < insertion from f 149r > 2d to 19111 d|p|ence < text from f 148v resumes > / pr lwt| /Troy\{sic} in ye second to 19111d per pound Troy

Twenty pounds scottish six stone weight Scottish is after the rate of

If a pound Scottish be valued at 1816d \20/ pence English, then 20 pounds |Scottish| per stone weight Scottish is after the rate of 17|9|38|111| pence per pound wt Troy If at {illeg}|18|16 pence, then 20 pounds Scottish per stone wt scottish is after the rate of 1738d pence per pound weight Troy.

By the Indenture of the Mint

{sic}

© 2019 The Newton Project

Professor Rob Iliffe
Director, AHRC Newton Papers Project

Scott Mandelbrote,
Fellow & Perne librarian, Peterhouse, Cambridge

Faculty of History, George Street, Oxford, OX1 2RL - newtonproject@history.ox.ac.uk

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