To the RtRight HonbleHonourable the Lords CommrsCommissioners of his MajtsMajestys Treasury.

May it please yoryour LordpsLordship

The Corporation of the Moneyers represent that they have been brought up Apprentices to the trade of coining with relation to England & that to set up new Mints in England without them diminishes the right of their Apprenticeship. They represent also that the multiplying of Mints tends to promote the skill of counterfeiting the gold & silver moneys as happened in the coinage of Tin half pence & farthings in the beginning of the reign of K.King WillmWilliam & QQueen Mary. For obviating these objections & that of the insignificancy of a Controller alone without other checks of such a Mint, I humbly propose that Mr Wood prepare the blanks of fine Copper & make them fit to be stamped & then send them to the Mint in the Tower to be delivered by weight, toassayed, & stamped as Counters to& delivered back by the same weight without concerning me in the value.. This may be done by a signe Manual appointing the Assay & the number of pieces in the pound weight & the stamp of the Medals or Counters & yearly Quantity without them & what shall be allowed to the a Clerk fo seeing the Copper weighed & assayed & entring all receipts by weight & deliveries in books, & seing the copper weighed & essayed. & acquainting me wthwith what he meets with amiss. The whole charge will be much the same with what he as as in the late copper coynage, vizt about 2$\frac{1}{2}$d or 2$\frac{1}{4}$dnot exceed two per halfpenny per pound weight: for I reccon nothing for medals my self. This I propose as a better method safer for the governmt then to erectgive to subjects to erect new Mints without account or practicable control& hope if it may be done by vertue of the power reserved in his MatyMajesty & Lordps of controlling the proceedings of Mr Wood. All wchwhich is most humbly submitted. for my self. This method I propose as safest for the government, if it may be done by vertue of the power reserved in his MatyMajesty & your LordpsLordships of controlling the proceedings of Mr Wood. All wchwhich is most humbly submitted.