<179r>

To the Rt Honble the Lords Commers of his Majts Treasury.



May it please yoer Lordps

In obedience to yoer Lordps Order of Reference signified to me by Mr Tilson's Letter of {illeg}|th|e 5t Instant, that I should report the value of Imperial Dollars both intrinsecally & by way of Exchange \wth Sweden/: I humbly represent that ye Guldens of Hanover, Zell, Brandenburg, Saxony, Magdeburg &c are by the weight & assay worth 28d English & pass in paymts for 16 Gute Grosch or 24 Marien Grosh & a|O|ne Gulden & an half or 36 {illeg}|M|arien Grosh is the common Doller of the Empire in respect of wch the Gulden is usually marked 23 & two Guldens \or 48 Marien Grosh/ make the Rix Dollar of full value. The common Dollar is therefore wirth 3s 6d & the Rix Dollar of full value is worth 4.s 8d. But they|| \Rix Dollars/ seldom coined to this value & therefore pass among the Iews (especially those of the late Emperors) for only 47 or 46 Marien Grosh; & accordingly I have found them by the assay worth only 4s 7d or 4s 6d & sometimes less. The difficulty is to know whether by the Imprerial Dollar, the common Dollar or the Rix Dollar is to be understood. If any payments of Imprerial Dollars have been made since the Treaty made 616 Jan. 1700, the f|p|resident is to be followed \as the best interpreter of the Treaty/. {illeg}|I|f none, the a|Q|uestion depends upon criticisms in the German Language, of wch I am not master.

All wch is most humbly submitted by yoer Lordps great       widsome

The Exchanges wth London at present are almost at a par. Between London & Hamburgh the allowance for exchange is|w||as| {illeg}\on Friday last/ 112 per cent. But the exchanges rise{illeg}|s| daily. |How they are\it is/ etween London & Stockholm I do not find in the Tables of Exchange.|

All wch is most humbly sudbmitted to yoer Lordps great           wisdome.                                         Is. Newton

16 Gute Grosh or 24 Marien Grosh make the Gulde or Guilder & that the Gulde or Guilder is worth 2s 4d & is usually marked 23 to signify that it is two thirds of the G|C|ommon Doll{illeg}|a|r, \of the Empire. This Dollar is therefore 36 Marien Grosh or 3s 6d in value/ & the Rix Dolar is or ought to be\in some places/ two Gulden in value or 48 Marien Grosh \or 4s 8d/ in value.|,| But this Doller is isially\& in other places it/ coined of less value by one or two Marien Grosh, {illeg} the several Princes of the Empire coining it of several values.|,| ) And accordingly \& the Rix Dollars/ of the late Emperors passes among the Iews for \only/ 47 or 4{illeg}|6| Marien Grosh.

The difficulty is to know whether by the Imperial Dollar the common Dollar of the Empire or the Rix Dollar is to be understood.

If any payments

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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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