325)

Author: Isaac Newton

Source: MINT 19/1/316, National Archives, Kew, Richmond, Surrey, UK

Additional Information
- Notes on the Electronic Edition
  - You are currently reading the diplomatic version of this text. Diplomatic transcriptions offer a detailed representation of the document with minimal editorial intervention. All deletions and additions are rendered in the text and abbreviations have not been expanded. Switching to the normalized view of this text will hide 4 deletions, silently include 6 additions and apply 25 editorial regularizations.
- Revision History
  - 1 January 2001
    - Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young
  - 29 September 2011
    - Catalogue exported to teiHeader by Michael Hawkins
  - 27 January 2017
    - Transcribed by Will Scott
- Download MINT00142.xml and schema (advanced users only)
Related Texts
- This document is a version of:
  Request for an increase in Mint funding [MINT 19/1/325]

<316r>

To the R^t Hon^ble the L^ds Comm^rs of His Ma^ts Treary

May it please yo^r Lord^ps

The Act of Coinage being near expiring We have thought it our Duty humbly to lay before yo^r Lord^ps the annexed Abstract shewing what the Moneys leviable by that Act have amounted unto for these five years past (exclusive of L1200 per annum paid to the Mint in Scotland & about L300 per an paid for prosecuting c|C|lippers & c|C|oyners) & what the charges of Coining the Gold & Silver moneys within the said time come to exclusive of Salaries & Repairs of Houses Officers & Buildings w^ch amount yearly to about L3500.

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 thousands pounds yearly |[|or above|]| This has hitherto been supplied hitherto out of the stock w^ch remained in the Mint w^ch was ac{illeg}|c|rued in time of war & is now reduced under L1000 w^ch will scarce suffice to carry on the Coinage above a month longer.

Wherefore We humbly propose to yo^r Lord^ps that|t|he House of Commons may be moved that the Act of Coynage may be renewed this session of Parliam^t with an augmentation of the Duty from ten shillings per Tunn to fifteen shillings upon Wines &c & from 20^s to 30^s per Tunn upon Brandy with such restrictions or applications of the money arising therefrom as the House shall think fit when it shall appear that the Income shall exceed the charge of the Mint.

Which is most humbly submitted to yo^r Lord^ps great Wisdom

Rich. Sandford

Is. Newton

Mint Office
7 Feb. 1715