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Printed in NC, 7: 457-9. Clerical copy, dated 11 February 1707/8, in Mint 1/8.152, MINT01214.
Details of the amounts to be paid to the Edinburgh Mint's employees and contractors and the sources from which this money should come (mainly advances from the bullion collectors, though certain items can be met from the Equivalent). Details of accounting procedure, with stress on the warden's responsibility for checking that money is correctly allocated.
To the R
May it please rp
In obedience to rpseth of December
last, we have perused the annexed memorial of Mr Allardes the Master of
her tiese
to the Moneyers by her Majesties Warrant above 9d per t
of silver are extraordinary & so are the charges of refining the coursest
ingots of silver to bring the rest to standard: and therefore both these
charges are in rty
bullion for coinage belonging to that Mint & to be placed by the Master
among the incidents charges in his accounts. The extraordinary charges allowed
to the Moneyers may amount to about three farthings per t
the charges of their journey.
And we are further of opinion that for preventing any stop to the coinage
the tbleties
to give orders from time to tim
account such summs of money to the said Master as they shall find sufficient
for defraying as well the extraordinary as the ordinary charges of the coinage,
& to direct the Wardens of that Mint to see that the moneys so paid be applied
And as to the first melting, we hu
As for the melting of the old moneys into ingots we are humbly of
th
it being the usual price ch
silver into ingots in London. But this allowance cannot be paid out
bullion belonging to th
and silver ought to be in the ingot when imported into the Mint, & if i
not in the ingot the owner causes it to be melted into ingots by whom he pleas
at his own charge & bears the loss by wast. And this must be done before the
Master of the Mint can receive it from him by weight & assay upon his
Note in order to coin it, & therefore is always done at the owners charge. Accord
ing to this method the Importer did beare the whole loss by this melting in the
late recoinage of the hammered moneys in England, & the same should be now
born by the Importers in Scotland & placed among the losses mentioned in the
Act of Vnion in these words.
aforesaid summ (
found necessary
by reducing the coin of Scotland to the standard & value of the coin
of England may be made good.ble
of Scotland having appointed this melting of the old moneys into ingots, we humbly
offer to rps
if they think fit to appoint also the recompence for performing this melting.
All which is most humbly submitted