Recommend rejection of Robert Ball's tender to handle tin, his price being far too low to cover transport, insurance and other expenses Isaac Newton c. 301 words The Newton Project Oxford 2017 Newton Project, University of Oxford

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 c. 2 February 1711, c. 301 words. Treasury

Draft of T. 1/131.37, MINT00960 (dated 2 February 1710/1 and printed in NC, 5: 93-4).

 MINT 19/3/556, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives MINT 19/3/556 c. 2 February 1711 England English Holograph MintTin Trade Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young Catalogue exported to teiHeader by Michael Hawkins Transcribed by Will Scott Checked by Will Scott Metadata amended by Will Scott
556

In obedience to yoryour LordpsLordships order signified to us by Mr Lowndes his letter of IJan 29 upon the annexed proposal of Mr Robt Balle merchant, vizt that if yoryour LordpsLordships shall ship off & deliver 200 Tunns of Tin to his factor at Leghorn, upon his factors receipt thereof he will pay for yethe same three pounds 16s prper Ccwt either here or at Leghorn as your LordpsLordships shall think fit: we have considered the same, & humbly represent that SrSir Theodore Ianssen paid 4li 10 per Ccwt to the late LdLord Treasurer for tinn runn into barrs barrelled & shipt off at her MajtsMajestys charge & delivered at Genoa & Leghorn, [without including the losses wchwhich always happned by imbezz3lmts of some Tin by the seamen & by breaking of the barrels in removing them from shipp to ship & wchwhich usually amounted to about 2s 6d per Ccwt.

The charges of running the Tin into barrs barrelling & shipping it off 0. 2. 11 ] InsuranceFreight to Leghorn 4. 6. Insurance at 10 prper cent 8s 0. 12. 6 Imbezzelments 0 2. 6 0. 17. 11

& yet her MatyMajesty wasseems to have been a loser by that price. For the charges of running the Tin into barrels barrelling & shipping it off came to 2s. 11d. per Ccwt & recconmtsrecconments for Freight to Leghorn at 4s 6d & 8s for insurance at 10 prper cent (8s,) The whole will be 15s. 5d which added to 3l 16s yethe price at the Tower makes 4. 11 5 besides the losses by imbezzelments by seamen wchwhich one voiage wthwith another amounted to about 2s 6d prper Ccwt So that We are humbly of opinion therefore that by the proposal above mentioned, her MatyMajesty would be a great loser.