Catalogue Entry: MINT00729

'The state of the Tinn'

Author: Isaac Newton

Source: MINT 19/3/542-3, National Archives, Kew, Richmond, Surrey, UK

[Normalized Text] [Diplomatic Text]


Summary history of Queen Anne's contract with the Cornish tin-mine owners of December 1703, renewed 2 June 1710. Unsold stock had built up to 5,240 tons by the Queen's death, which she left in the hands of the trustees charged with settling her debts. But such a large quantity cannot be sold quickly without flooding the market, causing prices to plummet and creating 'great discontent and murmuring' among the Cornish. Recommends that the King should buy up Queen Anne's tin (to protect the market) and negotiate a new contract for a much reduced annual uptake of Cornish tin.

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Professor Rob Iliffe
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