<325r> [1]

Sr

Having some business which will unavoidably keep me in the Country for three weeks, & fearing some progress may be made towards coining of Farthings in that time; I give you the trouble of this to inform you, that since I was in London I have been considering of the lowest rate they can possibly be hammer'd at, which is 21d12 to ye pound, & which rate I compute as follows viz

For ye Fillets – – 0. 1. 412
& To ye Tower–––––– 4
To a Comptroler – – 14
& for vending & distributing – – – – 34
1. 912

This last article will certainly be a very expensive one, for let us manage what we can, we must have a house to lodge them in, as well as a Teller or two to pay them to such as come to demand them. As forye coinage being free I am of opinion you will find abundance of inconveniencies therein, (too long to set forth herein) {whereas}, when whereas on ye contrary I hope you will be of opinion that a contract, so limited & restrain'd as we propose it may, will be subject to none. {a}|A|nd I am sure in respect to the publick it will be ye same thing when ye price is once fix'd I cannot be able to {{illeg}|th|}ink of such a contract {I}|m|yself but have desir'd Mr Essington (who has a mill as well as myself, & who is willing to join wth me,) to wait on you, in case any thing should

offer before my return.    I am       Sr yr most humble sert

Cha. Parry

[1] Aprill, 8. 1714

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