<528r>

In the account of the price of Tinn ye Tinn in Holland stated by me the \selling/ price in English money per C English is

The charges of sending Tynn to Amsterdam (in ye account drawn up by me) amounted to 4l. 5s. 8d {illeg}|p|er C englishing including One per cent 4. 3. 1112 {illeg}|To| wch in the selling I added Interest one per cent intere\the interest of two per cent in/ the setting months forbeareance at 6 per cent & the allowance of one per cent for prompt payment at the {illeg}|end| of that time, both amound|t|ing to 2012: wch made the selling price in English mone 4li. 5s 8d {illeg}|p|er C english, to be turned into Dutch money \per Dutch weight according/ by the course of the exchange. T{illeg}e|hi||s| recconing was at a Medium
    But in between
|&| /& sometimes {illeg}\ But there are secrets & mysteries in trade wch cannot be brought to any recconing. The Merchants themselves know not how to And unless competent allowance be made for the same the Dutch will send to London for Tin & undersell the Queen \a/ {sic} a Amsterstam {sic}.

Particularly in \{illeg}|th|e said/ recconing{illeg}|,| \{illeg}/ Commission {pu p} was put at 9d \per C/, whereas the Dutch can have th{illeg}|ei|r buisiness done by the Pewterers at 6d. \{illeg}/ Insurance at sea was put at 9d whereas the Dutch in times of peace will not reccon it at 3d. And interest for two months for{f}|b|e{i}|a|rance was put at 9d|s|t whereas the Duch {sic} \who can borrow money at four per cent/ will reccon it \but/ at 6d|s|t The And freight was put at 313 st. whereas the Dutch can have it \Tin brought home/ upon their own bottoms at 2st under three stivers\sometimes at at {sic} half the price,/ & sometimes at 2st or {illeg}1st or even for ballast. And if u{illeg}|p|on |all| these considerations about 1s 2d be abated the{illeg} \remaining/ price will be {illeg} 4li 4s 6d. The Duties paid by her Maty in Holland \for the Tin now there/ amounted to 1 Gilder 5{56} that is per 100 Duc|t|{sic} weight, but D{illeg}|u|ch {sic} that is 5s {illeg} \is about/ 2912d per C english. B{illeg}|u|t the a Dutch|m|/an\ {illeg} \usually/ contrives to have their\his/ Tin put on board several ships for lessening the charge of freight & \to/ run as much as they\of it as he/ can fo it for lessening & what they cannot run they endeavour by their a{illeg}|c|quaintance to get taxed {illeg}|l|ow. And what allowance to make for these {illeg}|p|ractises I know not. If only 6d per C should be allowed, it would bring down ye price to 4li. 4s. 0d per C English to be turned into Dutch money p{illeg}|r| Dutch wt /from time to time according to ye course of ye Exchange.\

Out of

Out of this price a deduction is to be made of 1 pr Cent for prompt payment Commission Insurance of payments,\|| one per cent prompt payment \/ one per cent Commission \/ one {illeg}|p|r cent insurance of payments {illeg} & one per cent/ Brokerage & charges at the city weigh-house w{illeg} all wch amount to 3{illeg} \in all four per cent or/ 3d|s| 4d14 \per C/: besides 2d \per C/ for ware house room. Which being deducted from 4li. 4s. 0d leaves 4li. 0. 6d, clear of all charges except the charge{illeg} of returning the moneys {illeg}|f|or wch the Tynn is sold. This charge Mr Beranger \|in the pres|{illeg} be|ence|fore \of/ his|my| Lord {illeg}|T|rea{illeg}|s|urer/ rec{eiv}|con|ed at 9d {illeg} yor\his/ Lordp at 5d \in changing Specie money into Bank money/. In the discourse between him/Mr Beranger\ & me no mention was made of Vsance. For it was proposed \between us/ that he himself should yor |his| Lordps\to his Lps Order/ |ye| price \to be set by his Lp/ clear of all charges \to his Lordps Order/ for so much Tinn as he should sell, & account of the same, same \payments before an Auditor/ provided he could have good vouchers {illeg}|f|or the {illeg}|sam|e \payments/, & |t|{illeg}|h|at the \returns or/ payments should be made without two months after the sales, that time being given to the buyer

Considering the great quantity of the Tinn, & that Mr Beranger does not live in Holland as

Considering the great quantity of the Tinn & that Mr Beranger does not live in Holland, His Lordp when ever it shall be thought fit may send over an Agent to oversee the Sales & Accounts & keep a recconing if them & \& of the Tynn remainin{illeg} {sic}/ {illeg}|h|ave {illeg} |of| keys too the \each/ Warehouses where the Tinn is laid up till it shall begin to be sold|.|, while Mr Berangers Agents have another

Come's Baldini et Franciscus Bianchini adjucient ut obsequeu {tucc restaicutier et gratias ajennt D. Equiti Newton au Eumillime ic adstrictor profitener}

<528v>

To
The Lady Paul

And this price, as the Exchange goes now would amount to 44 {illeg} + 215 of {45} Gilders 4612 Gilders per 100 weight Dutch.

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Professor Rob Iliffe
Director, AHRC Newton Papers Project

Scott Mandelbrote,
Fellow & Perne librarian, Peterhouse, Cambridge

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