Summary history of Jones's proposals and Newton's response to them Isaac Newton c. 543 words The Newton Project Oxford 2017 Newton Project, University of Oxford

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 c. July 1718 or later, c. 543 words. Treasury MINT 19/2/451, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives MINT 19/2/451 c. July 1718 or later England English Holograph MintCopper Coinage Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young Catalogue exported to teiHeader by Michael Hawkins Transcribed by Will Scott
451356

To the RtRight HonbleHonourable the Lordss CommrsCommissioners of his MatysMajestys TrearyTreasury.

May it please yoryour LordpsLordships

One Mr Iones last Spring gave in a Proposal at yethe door of the HonbleHonourable House of Commons to coyne copper money of the finest copper cutting a pound weight into 24 pence & giving 6d to thereof to yethe publick, & offering 2d two pence half penny to the Officers of the Mint to coyn the same, or else to that he would coine the same himlfhimself in the Irish if he might have the use of the Irish Mint & of the coining tools used in the last coinage of irish money. belonging to yethe King that is, that is if I understand his Proposal that he would coynfind the copper make the samemake theit into blanks at 165d12 per Lwtpound weight & coyn the same at 212d more.

And Aafter an Account of all the Proposals wchwhich had been made for coyning of Copper money & of what had been done thereupon had been delivered into yethe House of Commons, they were pleased to address the King that when his MatyMajesty shall think it necessary that more farthingds & half pence should be coyned, they be made of the finest British copper & as neare the intrinsic value as is possible, & that if any advantage is made thereby, it may be applied to the service of the publick. TBy this vote the pound weight being reduced f By this vote the tax of six pence upon the pound weight is rejectedreected & the pound weight accordingin tosin in yethe proposal of Mr Iones the pound wtweight is to be cut into 18d. If any Proposer or number of Pro VndertakerVndertaker person or persons will make the blanks of the finest British copper (such as under the hammer when made hot will hammer thin without cracking) & cutting a pound weight into eighteen pence without crackingor within the Remedy of a penny more unlesss & pay the remedy to the King & & pay the pence half penny per Lwtto the Master & worker of the Mint for coyning the same balnks: & well keeping an account of the Remedy & give out to the Government the surplus above 18d per Lwt of any such surplus there is; it may be done & whenever the people be& take back such parcells of copper uncoyned as do not endure the assay or are not within the Remedy & so soon as the people are satisfied, will upon notice from the LdLord H.High TrearerTreasurer or LdsLords CommrsCommissioners of the TrearyTreasury suspendIs. Newton. the coynage for threetwo or fourthrethree years; such an undertaking may be performed or untill more copper money be Currenting desired I am ready to do my part in such an undertaking provided it be in my power to refuse such copper as is cut into more then doth not Is Newton ensure the assaydithh not endure the Assay or is cut into more then 19d per Lwt or above or is not within the Remedy.. wthwithout expecting above 212d per lwtpound weight for the coynage & for taking care of the assays & payi keeping the Remedy Is. Newton. for the King.