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Signed by Newton and [warden] Richard Sandford.
Table of income and expenditure printed in NC, 6: 278.
To the Right Hon:
May it Please Your Lordships
The Act of Coinage being near expiring We have thought it
Our Duty humbly to lay before your Lordships the annexed abstract
showing what the Moneys Leviable by that Act have amounted unto for
these five years past (exclusive of £1200
Scotland, & about £300
Coiners) and what the Charges of Coinging the Gold & Silver Moneys within
the said time come to exclusive of Sallarys and of Repairs of Houses, Offices,
and Buildings which amount yearly to about £3500.
If the Coinage of Gold continues to be so Great as it has been the
two last years the Charge of the Mint will exceed the Income by about
five or six Thousand pounds yearly this has hitherto been Supplyed out
of the Stock that remained in the Mint which was accrued in time of War
and is now reduced under £1000, which will scarce Suffice to carry on
the Coinage above a Month longer.
Wherefore We humbly propose to your Lordships that the
House of Commons may be Moved that the Act of Coinage may be
Renewed this Session of Parliament with an Augmentation of the Duty
from Ten Shillings
20 p to 30 p per Tun upon Brandy; with such Restrictions, or Application
of the Money arising there from
shall appear that the Income shall exceed the Charge of the Mint
Which is most humbly Submitted to your Lordships great Wisdom
Rich Sandford
Is. Newton
7 Feb. 1715