<223r>

To the most honble the Earl of Oxford & Earl Mortimer Lord High Treasurer of Great Britain.

May it please yor Lordp

According to yor Lordps Order of Reference signified to us by Lowndes his Letter dated 29th |of| April 1714 last we have considered the \annexed/ Letter of the Lords of the Privy Council in Ireland concerning the making current the new French moneys of Gold & Silver in that kingdom, & \together with/ the Re annexed Report of Mr Vincent Kidder Assaymaster there concerning the intrinsic values of those moneys. And by the weight of 55000 {illeg}|Lou|idiors of the new species amounting to 1197Lwt 4|1|oz 11dwt we find that \singly/ they are in weight one with another 5dwt 4gr 912mi And by the Assays of several Ingots melted out of new Louidors compared with the Assays of many single pieces We find that they are \at a medium/ one grain & one 12th part of a grain worse then standard|.| {b} And therefore by the weight & assay together they are singly worth by|u||t| twenty shillings & six pence in England. And in Ireland where a Guinea passes for 1li 3s they are worth 1li 1s 11d12, & in our humble opinion should not pass \there/ for more then 1li 2s. At wch rate the half Lewidor may pas for 11s & the Quarter for 5s 6d.

Fifteen hundred new silver Lo{illeg}|u|isses of the new species weighed 1470 ounces, & therefore one with another they weigh singly an ounce wanting 9gr 12mites. They are an halfpenny weight worse then standard one with another, & therefore their standard weight at a medium is an ounce wanting 1013gr grains. And so they are wroth 5s & three farthings a piece in England at present. And in Ireland where a Crown piece English passes for 5s 5d these Lewises may pass for \singly are worth/ 5s 5d34116, {illeg}\&/ in the nearest rownd number \may pass/ for 5s 6d & the half Lewises for 2s 9d & the Quarter pieces for 1612d.

All wch is most humbly submitted to yor Lordps great wisdome

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Professor Rob Iliffe
Director, AHRC Newton Papers Project

Scott Mandelbrote,
Fellow & Perne librarian, Peterhouse, Cambridge

Faculty of History, George Street, Oxford, OX1 2RL - newtonproject@history.ox.ac.uk

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