<213r>

And whereas by the aforesaid Act made in the seventh year of the reign of her late Majesty the Lord Treasurer of great Britain & Vnder Treasurer, or Commissioners of the Treasury or any three or more of the said Commissioners for the time being, were authorized by order or Warrants to issue out of the Exchequer or dispose of the moneys arising by the Coinage Duties therein granted yearly & every year during the said Act & no longer such summ as he or they should think necessary & reasonable not exceeding in the whole the summ of twelve hundred pounds for the fees & salaries of the Officers of the Mint or Mints in Scotland & towards the providing maintaining & repairing the houses offices & buildings & other necessaries for assaying melting down & coining in the said Mints of Scotland, but no sufficient provision was then made for defraying the charge of coinage: Be it further enacted by the Authority aforesaid that all the moneys arising by this present Act within his Majesty's Dominions of south Britain shall be issued by Order or Warrants as above into the Exchequer of his Majesty's Mint within the Tower of London for the use & service of that Mint as formerly, & all the moneys arising by this Act within his Majesty's dominions of north Britain shall by the like Order or Warrants be issued into the Exchequer of his Majesty's Mint in North Britain for the use & service of the same Mint, & that the Lord Treasurer & Chancellour of the Exchequer for the time being or the Commissioners of the Treasury or any three or more of them for the time being be authorized to issue out of the Exchequer or dispose of by Order or Warrants such further summ arising out of any publick Fund or Funds given or that shall hereafter be given by Act of Parliament, as he or they shall think necessary & reasonable for the support & maintenance of the said Mint in North Britain & for defraying the charge of coinage therein, the whole moneys issued into the said Mint not exceeding the summ of            hundred pounds in any one year & the whole moneys issued into both mints not exceeding the summ of fifteen thousand pounds in the same yeare as above.

And it is hereby further enacted that there shall not be allowed in any one year above the summ of        hundred pounds sterling for the fees & salaries of the Officers of the said Mint in North Britain & for the fees of receiving the moneys aforesaid & the charges of passing the Accounts thereof, & towards the providing maintaining & reparing the houses offices & buildings & other standing necessaries for assaying melting down & coining & that the overplus of the moneys issued into the said Mint as above shall be for & towardsthe expence wast & charge of assaying melting down & coining including the charge of utensils & furnaces imployed for performing the same, & that of keeping the scales & weights exact for receiving assaying sizing & delivering the bullion & <313v> new moneys, & that of stationary where for keeping the Accounts.

<214r>

The enacting clause which continues till 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 then may be added the following clause.

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 Mind in England Be it further enacted that all the moneys arising in England by this Act shall be issued out of yyour Majesty's Exchequer to the Master & Worker or Masters & Workers of your Majesty's Mint or Mints in England by such Order or Warrants as before the Vnion of the two kingdoms & that all the moneys arising in Scotland by this Act shall be issued out of your Majesty's Mint or Mints in Scotland by the like Order or Warrants: to be kept in his Majesty's Office of Receipt in the said Mint or Mints under the usual keys of the Master & worker Warden & Counter Warden or Comptroller for the time being & issued out then from time to time according to the manner & course of his Majesty's Mints & that there shall not be issued out from thence in any one year for the fees & salaries of the Officers of the said Mint or Mints & for fees in receiving the moneys {or} the Accounts of the same & 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 & coining coinage (including the charge of Vtensils & furnaces for performing the same & that of amending & keeping the Ballances & Weights to point for receiving assaying sizing & delivering the Bullion & new moneys & that of Stationary ware for keeping the Accounts) & for & towards the buying in of gold & silver to coin, & not otherwise.

And whereas the moneys arising by this Act have been found insufficient for defraying the charges of both the said Mints Be it further enacted by the authority aforesaid that over & above the said moneys arising by this Act it shall & may be lawfull to & for the Lord Treasurer of great Britain & Vnder Treasurer or Commissioners of the Treasury or any three or more of the said Commissioners for the time being by Order or Warrants to issue out of the Exchequer from any publick fund 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 summs or summs of money as he or they shall think necessary & reasonable &; as together with the said Coinage Duty shall not in any one year exceed the summ of        hundred pounds sterling for the use & service of his Majesty's Mint in Scotland, nor the summ of          thousand pound sterling for the uses & services of both the aforesaid Mints, in any one year & mentioning in the said Order or Warrants that they are for the use & service of the Mint to which they are issued, to be kept together with the said Coinage Moneys in the Office of Receipt of the said Mint & issued out thence from time to time in the same manner & for the same uses with the said Coynage moneys continued by this Act, any thing in any Law Statute or usage to contrary notwithstanding.

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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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