<57r>

I have seen the Copy of {illeg} {Doctor} {illeg} Coll. Montgomerys Indenture in the Treasury. & there are \no/ salaries for clerks besides the Kings Clerks. And the Salaries in this Indenture {will} amount only to 980li including \50li to the {illeg}ul{p}/ the Clerk of ye Bulloin, & 50li extraordinary to ye Warden which being temporary & private allowances are not to be considered in the standing constitution of the Mint. If these be deducted {illeg}|&| {illeg} seventy\{illeg}{00} 70/ pounds be added for repa the Min repairing the mint house & \for Incidents/ necessaries {illeg} {elating} thereunto & 40li for\for/ prosecuting Clippers & Coiners the whole will amount unto {9}90li 9000li\{th} supporting the Mint/ the whole will amount und|t|o 950li & {illeg}

|1| I have seen the Copy of the Indenture Mr Montgomeries Indenture in the Treasury & there are in it no salaries for Clerks. If the 100li from the 1200li allowed in the by Parliam for salaries repairs of ye Mint house & Incidents the 120li recconed for Clerks {&c} be deducted & the \late/ Clerk of the Bullion be made Comptroller of the Mint {illeg}& his |so| |so {sic}| {{illeg}|t|}hat his salary \allowance of 50li per an/ as Clerk of the Bullion may become void & cease, & \about/ 30li per an be deducted for new coining tool be also deducted, there will remain 1000li per an {&} to fill up the blank in the Bill. This Article before + This Article the + The Parliament of Scotland ye Vnion allowed ony

|3| All the business of Clerks will not amount to \more then three or/ four good days work in a year. \& therefore they are not necessary superfluous./ And when Mr Dr{illeg}|u|mmonds place becomes void there will be 50li per\more/ pr an saved in the salaries. And upon these con|siderations I have proposed only 1000li to Mr Lownds.|

|2| + The Parliament of Scotland before the Vnion alow in their Coinage Act {wa} allowed only 12000 pounds Scots upon this Article {illeg} wch after the rate of 4s 6d to the 60 shillings pie 3 pounds Scots amounts only to 900li sterling.

|4| I have it to you to offer what clau{illeg}|s|e you please for moneys not exceeding what clause you please {{illeg}|50|}li per an for prosecuting Coiners.

Sr

I have consulted the Copy of Mr Montgomeries Indenture entred in the \book of the/ Treasury & there are in it no salaries allowed for Clerks. {all the} except to the Kings Clerk. All the buisines of the other Clerks will not amount to above three or four good days work in a year; & therefore they\those Clerks/ are superfluous. All the salaries in the Indenture amount only to 980li {illeg}including Mr Drummonds additional salary of 50li per an & the pension of the late Clerk of the Bullion of 50li per an, both wch are extraordinary & annexed to their Persons, & ought not to affect the standing constitution of the Mint. If from the 1200li allowed \by the last Act Coinage Act/to your Mint for Salaries repairs of buildings the Minthouse\the Fabric new tools/ & Incidents {illeg} the 120li per an recconed for three Clerks be deducted & the late Clerk of the Bullion be made Comptroller of the Mint so that his Pension of 50li per an may cease, & about 30li per an for new coining tools be also deducted there will remain 1000li per an to fill up the blank in the Bill.\{illeg} in this clause AA./ And when Mr Drummons place bec{illeg}|o|mes void there will be 50li per an saved in the salaries.

The Parliament of Scotland in their Coinage Act made \about/ thirty years ago allowed only 12000 pounds Scots upon this Article\for Salaries repairs & Incidents/, which in those days amounted only to about 900li Sterling recconing a 60 shillings piece Scots at 4s 6d English, & the coinage did not \then/ amount to {illeg}|th|ree hundred pounds per an more per annum one year with another as I understand by your discourse. And there upon all these considerations I have proposed <57v> to Mr Lowndes+ < insertion from lower down f 57v > + that a summ not exceeding one thousand \pounds/ sterling be allowed for Salaries the Fabric & Incidents & that a further summ not exceeding 400li be allowed for coinage, {next} coinage, if you think fit to put a limit to the last allowance{sic} < text from f 57v resumes > that the saiaforesaid blank be filled up wth 3|1|000li sterling & that a summ not exceeding 400li per an be all further allowed for the coinage, if you think fit to put a limit to this allowance.

I leave it to you to offer to the House what clause you think fit for an allowance not exceeding 50li per an for bearing the charges of prosecuting coynerclippers & coiners

I have it .... coiners

I have sent you herewith a Copy of the Bill so far as it relates to the Mint, with {illeg}|p|roposed amendments partly interlined, partly in the margin, & partly in the clause AA thereunto annexed. And in the margin of the clause AA I have set down one thousand pounds to fill up the clause in {t} blank in this|at| clause.

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