# Variant holograph draft of MINT00314 (II.172).

Gentlemen,

I have reexamined the paper I left in your hands last week concerning her Majestys allowance to her forces at Dunkirk per 20^{s} sterling, & send it to you under my hand.

The three Guilder piece of Holland new out of the Mint is worth in new English silver money at a medium 5^{s} 2^{d}$\frac{3}{4}$. And thence 20^{s} in new English silver money is intrinsically worth in new Dutch silver money at a medium 11 Guilders 9 ^{stivers} 5$\frac{3}{4}$ deniers . But 20^{s} English have of late passed in Holland for ten Guilders & 9 or 10 styvers, or at a medium, for ten Guilders & 9$\frac{1}{2}$ styvers. And by consequence the loss by the exchange was about one Guilder. Of this loss her Majesty allowed the forces in Flanders 5$\frac{1}{2}$ styvers & the forces lost about 14$\frac{1}{2}$ styvers. Her Majestys allowance was after the rate of 2$\frac{2}{5}$ per cent & the loss of the forces after the rate of 6$\frac{1}{3}$ per cent.

The French crown new species fresh out of the Mint is worth in new English silver 5^{s} 1^{d}. And thence 20^{s} English are worth in French silver money new species 19^{Livres} 13^{sous} 5_{∟}3 deniers, at a medium But 20^{s} English silver money pass at Dunkirk for 17^{s}. 00. 00. And by consequence the loss by the exchange is 2^{livres}. 13^{sous}. 5_{∟}3^{den} And this loss being divided between her Majesty & the forces at Dunkirk in the same proportion as before in Flanders: her Majestys allowance will come to 14$\frac{7}{10}$ livres, or in the next round number to 15 sous, which is after the rate of 3$\frac{4}{5}$ per cent And the forces at Dunkirk will beare the loss of 1^{liver} 18^{sous} 5_{∟}3 deniers which is after the rate of 9$\frac{3}{4}$ per cent.

According to the proportion therefore allowed in Flanders her Majestys allowance to the forces at Dunkirk for 20^{s} will amount 17 livres, 15 sous reconning a crown piece new species of France at 5 livres. But her Majesty may vary the proportion at pleasure.