<368r>

And Whereas by the Act of Vnion made in the sixt year of Queen Ann, a Mint is to be continued in Scotland under the same Rules as the Mint in England: Be it further enacted that all the moneys arising in Scotland by this Act shall be Issued out of His Exchequer to the Master & Worker or Masters & Workers of His Majestys Mint in Scotland for the use & service of that Mint by such Order or Warrant as the like moneys arising in England by the Acts for encouragement of coinage are issued to the Master & Worker of his Majestys Mint in England; to be kept in his Majestys Office of Receipt in the said Mint of Scotland under the keys of the Master & Worker Warden & Comptroller of the said Mint for the time being & issued out thence from time to time according to the manner & course of his Majestys Mint in England.

And it is hereby further enacted that there shall not be issued out of the said OOffice of Receipt in any one Year for the fees & salaries of the Officers of the said Mint & Officers who pass the Accounts of the said moneys & towards the providing maintaining & repairing of the houses offices & buildings & other Incidents of the said Mint necessary for assaying melting down & coinage above the summ of one thousand pounds sterling money & the overplus of the said moneys so kept or to be kept as aforesaid, shall be imployed for & towards the expence wast & charge of assaying melting down & coinage & of the necessary incidents relating thereunto & accompanying the same & not otherwise.

Provided nevertheless that over & above the said summe of one thousand pounds there may be issued usually out {of} the said Officer of Receipt the summ of 50 pounds to the late Clerk of the Bullion during his life, & also the summ of 50 pounds to Mr John Drummond Warden fo the said Mint as an addition to his salary of one hundred pounds per annum, during his continuance in that Office & no longer.

And to the end the Importers of Gold & Silver into the Mints may not be discouraged by any Deficiency of the Revenue by this Act setled for defraying the coinage thereof Be it further enacted by the Authority aforesaid, that it shall & may be lawfull to & for the Commissioners of the Treasury or any        or more of htem now being or the Lord High Treasurer or any      or more of the Commissioners of the Treasury for the time being, out of any of the publick supplies granted or to be granted by Parliament to cause so much money to be issued upon account by such Orders or Warrants as above to the Masters & Workers of the said Mints or either of them, as shall be <369r> necessary for defraying the expences of the said Mint or Mints respectively so as the same together with the coinage Duties arising by this Act do not exceed in any one year the summ of fifteen thousand pounds; & that the charge of Assaying melting & coinage be paid out of the coinage moneys in the first place & the Deficiency (if there be any) remain upon the salaries untill it shall be made good out of the other moneys so issued.

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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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