<539r>
1600 Tunns cost at 3li {illeg}|14|sd|C| cost 118{illeg}|4|00.
Post groats one {par} wth another about 300
Scobels acct for salaries & incidens|t|s in Cornw{illeg}|a|ll 2290
Anstis's acct for salaries & incidents in London 1{illeg}|9|44
2142. 16. 3
{illeg}|40|86 16 3
2|1|22|4|776. 16. 3
\If there be allowed for/ Losses by {enemy} sea & accidents & encouragements for\for/ promoting the exportations & consumption {is} Suppose about 5{illeg}|5|08. 18. 0
The ta|o|tal will be 129776|30285|. 1{illeg}|4|. 3
1600 Tuns stannary wt reduced to averd{illeg}|{e}|pois wt, makes 1714Tuns 4|5|{C} 2{illeg}|qts|. 24{illeg}|| & sold at 76s pr C comes to 130285. 14. 3
Gained 508. 1{8}.
The interest of 80000li \constantly/ advanced come{illeg}|s|{illeg}{illeg}|to| 3s per C to be deducted from ye price, & so in proportion for a greate ye interest of a greater or lesser summ \constantly/ {illeg}|a|dvanced.
1600 Tunns of Tin {illeg}|at| 3li 14s per C stannary wt \(including coynage Duty)/ comes to 118400
Freight \to London/ at {illeg}|2|5s per Tunn stanna avoir de pois |is| 2142. 16. 2|3|
Salaries (including 30li pr an to Truro) 2890.
If there be allowed for losses by {illeg} enemy sea & accidents & for promoting the exportation & consumption |about| } 5502. 18. 0
The total expence will be |annually| 13028{illeg}|5| 14. 3
And 1600 Tunns stannary wt reduced to averdupois wt makes 1714 Tuns 5C, 2grs, 24 &|wch| sold at 3li 16s pr {comes} {to}|br|ings in annually } 130285. 14. 3

The interest of {illeg}|8|00000li constantly advanced comes to 3s p stannary weight to be deducted from ye price of {illeg}|3|li 14s per C. And so in proportion for t{illeg}|he| interest of a greater or lesse{illeg}|r| summ advanced. And \therefore/ is ever since ye first year & half \of the present {illeg}|interest|/ the Queen {illeg}|has| been advanced more or less about 200000li {illeg} \the interest/ comes to 7s 6d to be deducted from ye pr C to be deducted from ye present price {&}|o|f {illeg} 3li 14s pr C, & so leaves 3li 6s 6s {sic} as an equitable price pr C including {s}|t|he Coynage Duty: And this without considering the further loss wch the Queen\Crown/ will sustain at {the} {illeg} of ye contract by the fall of the price of the Tin.

<539v>
Sixteen hundred Tunns of Tin at 3li 14s per C stannary w{illeg}|ch| including {y}|co|ynage duty amounts to } 118400. 00. 00
Freight of 1600 Tunns thereof avoir de pois \sent/ to London at 25s per Tunn } 2000. 00. 00
Salaries (including {illeg}|3|0li pr an paid to Truro) 200|89|0. 00. 00
Incidents, Po{illeg}|s|t groats, & Letters, about 1350. 00. 00
If there be allowed for losses by enemy sea & accidents & for promoting the exportation |about| } 5645. 14. 03
      The total expence will be annually 23725. 14. 03/130285. 14. 03\

So that ye account is about eaven wthout recconing interest for money advanced.

The interest of every 20000li advanced is \at 6 pr cent amounts to/ 9d per C stannary weight. And therefore if after ye first years & half of the \present/ contract there has been \about/ 200000li (more or lesse) advanced, the interest amounts to 7s 6d per C stannary wt. to d|b|e deducted out of the price of 3li. 14s per C. {illeg}|W|hich abatement being made\And by this deduction/ the price {remainging} becomes 3li. 6s. 6d per C stannary weight.|,| |including coynage duty.|

And in this reccoing, the loss wch the crown may sustein in the end of the contract by the fall of ye price \of Tin/ is not \{yet} {illeg}|c|onsidered./

1600 Tunns cost 118400
Freight to London 2000
Salaries 2890
Incidents
Post groats, Incidents & {illeg}|L|etters about 1350
Losses by enemy sea & accidents {of}|&| \abatements for/ encouragemt of exportation 5000
Interest of 200000 \more or less/ advanced 12000

Total

141640

Which is 4li. 8s. 6d14 per C stannary wt, whereas 3li 16 per C avoir de pois is but 4. 1. 518 per C stannary|.| so that |ye| Queen\So her Maty/ loses 7s. 1d18 per C stannary besides the loss of by the fall of the price in the end of the contract: wch if the contract should now cease

1661Tuns. 16C. 36Lwt in 1706 cost 122974.
Scobels acct for sal & Incidents at Cornwall 2828
Anst{e}|i|s's for sal & Incidents at London 5730
Interest of 200000' 12000
Losses by enemy sea &{illeg} accidents &c 5000

Total

148532

Wch is {illeg}|4|s|l|i. 9s. 4d12 per C stannary wt, whereas 3li {illeg}|16|s per C, avoirdepois is but 4. 1. 518 per C stannary,|.| So her Majty loses 7s. 11d38 pr C stan.

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Professor Rob Iliffe
Director, AHRC Newton Papers Project

Scott Mandelbrote,
Fellow & Perne librarian, Peterhouse, Cambridge

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

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