378)

Author: Isaac Newton

Source: MINT 19/1/374-5, National Archives, Kew, Richmond, Surrey, UK

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- 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
  - 30 January 2017
    - Transcribed by Will Scott, with retrofitting from MINT00461
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Related Texts
- This document is a version of:
  Draft clause for insertion into the Coinage Act [MINT 19/1/378]

<374r>

The enacting Clause which continues all the former Acts may be restrained to the Mint or Mints in England by inserting the words [with relation to the Mint or Mints in England] or some such words. And the following Clauses may succeed it.

And whereas by the Act of Vnion made in the sixt year of the reign 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 England by this Act shall be continue to be issued out of his Majesty's Exchequer to the Master & Worker or Masters & Workers of his Majesty's Mint or Mints in England by the Order or Warrants of the Lord Treasurer of great Britain & Chancellour of the Exchequer or Commissioners of the Treasury or the three or more of the said Commissioners for the time being, as before the union of the two kingdoms, and that all the moneys arising in Scotland by this Act shall be Issued out of his Majesty's Exchequer to the Master & Worker or Masters & Workers of his Majesty's Mint or Mints in Scotland by the like Order or Warrants & be kept in his Majesty's Office of Receipt in the said Mint or Mints in Scotland under the usuall keys of the Master & Worker, Warden & Counter-Warden or Comptroller of the said Mint for the time being & issued out thence from time to time according to the Manner & course of his Majesty's Mint in England, & that here shall not be issued out from thence in any one year for the fees and salaries of the Officers of the said Mint or Mints & of the Officers who pass the Accounts, & towards the providing maintaining & repairing of the Houses Offices & Buildings & other things necessary to the said Mint for assaying melting down & coining, above the summ of hundred pounds sterling moneys, & the overplus of the said moneys so kept or to be kept as aforesaid shall be employed for & towards the expence wast & charge of assaying melting down & coinage & the buying in of gold & silver to coyn, & the charges of incidents which accompany the coiange & not otherwise.

And whereas the moneys arising by this Act have been found insufficient for defraying the charges of both the said Mint, Be it further enacted by the authority aforesaid that over and above the moneys arising by this Act it shall & may be lawful to & for the Lord Treasurer of great Britain & Vnder Treasurer or Commissioners of the Treasury or any place three or more of the said Commissioners for the time being, by Irder or Warrants to Issue out of the Exchequer or dispose of the Moneys in any publick funds or funds given or which shall be given by Act of Parliament yearly & every year from & after the commencement & during the continuance of this Act & no longer such summ or summs of moneys as he or they shall think necessary & reasonable for the use & service of the said Mints or either of them & mentioning that they are for the use & service of the Mint to which they are imprest, which moneys together with the Coinage Duty shall not in any one year exceed the summ of fifteen thousand pounds sterling for the use & service of both the said Mints, nor the summ of hundred pounds sterling for the use & service of the Mint in Scotland alone & shall be kept under the usual keys in the Office of his Majesty's Mint to which they are imprest, & be issued out thence from time to time in the same manner & for the same uses and under the same restrictions with the said Coinage Duty, any thing in any Law Statute or usage to the contrary notwithstanding.

<374v>

Provided always & be it further enacted that no Moneys of gold & silver shall be coined in the said Mint in Scotland otherwise then by the hands of Moneyers as in the Mint of England, the Master & Worker Warden & Counter Warden attending to survey the assaying melting & coining so that the moneys may be well coined in fineness weight & form.

<375v>

p. 1. lin. 10. by the Order or Warrants of the Lord Treasurer of great Britain & Chancellour of the Exchequer, or Lords Commissioners of the Treasury or any thre{e} or more of the said Commissioners for the time being, and that

Provided always & be it further enacted that no moneys of Gold or silver sha{ll} be coined in the said Mint in Scotland otherwise then by the hands of Moneyers, the Master & Worker, Warden & Counterwarden attending to survey the assaying melting, & coining so that the mon{ey} may be well & justly coined in weight finenes & form.