<538r>
Paid annually for 1600 Tuns of Tin at 3li. 10s pr ton symbol in text stan. wt 112000
Coinage Duty 6400li. Post Groats about 300li 6700
Freignt to London about 2000
Salaries (including 30li paid to ye corporation of Truro) 2890
Incidents, Salaries{sic} Letters, striking of Tallys & passing accts 1050
Losses by enemy sea & accidents & abatemts for encouragement of exportation } 4000

Total expence

128640

{illeg}|W|hich is 4li 0s 5d per ton symbol in text stan. weight, besides teh interest of about 200000li wch is equipollent to 7s 6d per ton symbol in text.

Whereas 3li 16s per ton symbol in text avoirdepois, is but 4li 1s 5d per ton symbol in text stan.

So her Maty loses 6s 6d per ton symbol in text stan. wt. wch 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 Maty had paid only 3li 8s 6d per ton symbol in text stan. wt, 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 5s pr ton symbol in text stan. wt in the price.

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

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

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Professor Rob Iliffe
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Scott Mandelbrote,
Fellow & Perne librarian, Peterhouse, Cambridge

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

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