Holograph notes concerning the selling of tin

Author: Isaac Newton

Source: MINT 19/3/538, National Archives, Kew, Richmond, Surrey, UK

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- Revision History
  - 1 January 2001
    - Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young
  - 29 September 2011
    - Catalogue exported to teiHeader by Michael Hawkins
  - 22 March 2017
    - Transcribed by Will Scott
  - 22 May 2017
    - Named changed from "'Considerations about selling the Tinn'." by Will Scott, owing to the absence of such a quote from the text
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<538r>

Paid annually for 1600 Tuns of Tin at 3^li. 10^s p^r C stan. w^t		112000
Coinage Duty 6400^li. Post Groats about 300^li		6700
Freignt to London about		2000
Salaries (including 30^li paid to y^e corporation of Truro)		2890
Incidents, Salaries, {sic} Letters, striking of Tallys & passing acc^ts		1050
Losses by enemy sea & accidents & abatem^ts for encouragement of exportation	}	4000
Total expence		128640

{illeg}|W|hich is 4^li 0^s 5^d per C stan. weight, besides the interest of about 200000^li w^ch is equipollent to 7^s 6^d per C.

Whereas 3^li 16^s per C avoirdepois, is but 4^li 1^s 5^d per C stan.

So her Ma^ty loses 6^s 6^d per C stan. w^t. w^ch in seven years amounts to 72000, besides the loss by the fall of the price in the end of the contract

If the Coinage Duty & Post Groats had not been remitted, & her Ma^ty had paid only 3^li 8^s 6^d per C stan. w^t, the contract would {illeg}|h|ave been nearly equal, except the loss by the fall of the price in the end of it.

This loss, if {illeg}|th|e contract should cease at Christmas come twelve month might amount to 50 or 60 thousand poun{ts}|d|s & so is equipollent to about 5^s p^r C stan. w^t in the price.

For every hundred Tunns added to the annual quantity\purchase/ of Tin, about {1}|2|^s {4}^d \per C w^t/ ought to be abated in the price if the war continue.

And one hundred Tunns added to y^e annual quantity purchased, is equipolle{d}|n|t to 2^s added to y^e price