Holograph draft memorandum on various tenders made in 1713 and 1714

Author: Isaac Newton

Source: MINT 19/2/454, National Archives, Kew, Richmond, Surrey, UK

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  - 1 January 2001
    - Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young
  - 29 September 2011
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<454r>

There was also in February 171 $\frac{2}{3}$ a Petition of M^r Charles Parry \Proprietor of the Tower Mills at Mitcham/ to coyne deliver blanks of fine hammered copper at 18^d per {lw} pound weight, or of fine cast & rolled copper at 15^d per lw^t, to be coy{illeg}|n|ed in the Tower, or to deliver fillets of fine hammered copper ready for the Roller at 15^d per lw^t & take back the scissel at at {sic} 12^d. The fine hammered copper to be of equall fineness with the blanks of Swedish copper coined in king Charles the reign of King Charles the second.

There was also at the same time a Petition of Iohn Pery Iohn Shorey, Leonard Fitchew & Thomas Humfrevile & others Proprietors of the Copper & brass works called Temple Mills neare great Marlow in Buckinghamshire, to deliver into y^e Min{illeg}|t| blanks of the finest copper at 17 $\frac{1}{2}$ per Lw^t or else to deliver plates drawn {illeg} fit for cutting, at 15^d per Lw^t & to take back the scissel at 12^d.

There was also a Memorial \in Aug. 1713 a Proposal/ of Charles Tunnah & William Dale to coin \in {illeg}|t|enn years a thousand Tunns of/ half pence & farthings of a mixt metall that \should look &/ tou{illeg}|c|heth like Gold ordinary Gold cutting a pound weight into 32 pence.

There was also a Proposal of {illeg}

And upon one M^r Eyres has \since/ proposed to deliver into the Mint barrs plates of fine copper malleable when red hot without cracking & drawn fit for cutting at 15^d & blanc{illeg}d|he|d, {illeg} paying him 15^d per Lw^t {&} for the blanks cut out of the same & returning back the residue

And the Officers of the Mint being directed in November last to lay before the L^ds Commers of his Maj^ts Treary any Propositions as have been made or should be made they should think fit {illeg}|to| make for coyning half pence or farthings of English Coppe{illeg}|r|: they represented that such money be made of fine English copper malleable under the hammer when red hot, because such copper is free from mixture & is of about the same degree of fineness with the {illeg}|S|edish {sic} copper money & with {illeg}|c|opper vessells made at the battering mills. And \They represented also/ that such Copper be made into fillets or barrs plates of a due breadth & thickness either at the battering mills or at the drawing mills & be received at the Mint \by weight & assay &/ upon the Master & Worker Mint-masters note expressing the weight thereof & that the Mint-Master upon delivering back to the Importer the same weight of copper in scissel & money together be discharged of his Receipt; the Importer ad|t| the same time paying to the Mint-master a certain Seigniorage for bearing the charges of the Mint & coinage & the Mint-master being accountable for the seigniorage |[|alone as in the coinage of gold {illeg}|&| {illeg}|silver| before the coynage {a}|A|ct was made. They represented also that the s{illeg}|eig|niorage might be 4^d per lw^t for paying the Graver & Smith & Moneyers, & Assayer & Weigher & Clerks & incident charges all other charges, & recommended the Proposal of M^r Eyres as the best \for importing the copper in the form of barrs plates/. And these proposalls were {report}ed\thought reasonable/ by the Lords Comm^rs of the Treasury. But M^r Eyres demanding refusing to put away the Copper money \to the people/ without a premium, their Lord^ps were of opinion that the Mint-master should put away the|a||t| copper {illeg}|m|oney & to y^e people & pay the Importer of the Copper in other moeny. & that the] \The seigniorage proposed was 4^d per Lw^t./ And M^r Eyres desiring a recompence for putting off the copper m{illeg}|o|ney, their Lord^ps were of opinion that no more should be coyned then would go off without a premium, & that the Mint-master should deliver it to those that came voluntarily for {illeg}|it|.|]| The seigni{illeg}|o|rage \{illeg}|t|hen/ proposed was 4^d per Lw^t whereof 3^d for making the Puncheons & Dyes & coyning, & a penny more for other charges. keeping the coining tools in{to} repair, & a penny more for putting them in repair for & the in repair, & defraying the charges of Assaying weighin the buildings & of assaying, weighing, accounting, entring in books, & accountin{illeg}|g| & other incidents. And M^r Ey{illeg}|res| desiring a recompense for putting off the copper money &c