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Proposal that Mint receipts should be accepted in lieu of cash as payment of government loans.
[This legislation was passed on 1 May 1711: see MINT00543 (Mint 19/2/508).]
That for encouraging the bringing wrought Plate into the
Mint to be coined, there shall be allowed after the rate of five
shillings & sameof the plate
of the Ingots melted out of the same.
Tty
worker of her Mint to receive all such wrought Plate as shall
be brought to t
next & give Receipts to such persons as shall bring the same
for the amount thereof, according to the rate & price agreed by
the
brought to the Mint to be coined & that the same be immediate
ly coined into
her ts
That all
of the Mint for any wrought Plate shall be accepted & taken
for the full amount thereof in any payments to be made upon
any loans or any contributions upon any fund to be granted this
Session of t
That it be an instruction to the Committee to receive a
clause that the Receipts given by the Master & Worker of the
Mint for Plate brought in before the
pursuant to the Resolution of th
accepted as so much money in the contributions towards
summ of not exceeding
This clause to be so worded that the Receips
the upon
third & fourth payments into the said fund.