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<title>Holograph notes concerning the selling of tin</title>
<author xml:id="in"><persName key="nameid_1" sort="Newton, Isaac" ref="nameid_1" xml:base="http://www.newtonproject.sussex.ac.uk/catalogue/xml/persNames.xml">Isaac Newton</persName></author>

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<extent><hi rend="italic">c.</hi> <num n="word_count" value="260">260</num> words</extent>
<publicationStmt>
<authority>The Newton Project</authority>
<pubPlace>Oxford</pubPlace>
<date>2017</date>
<publisher>Newton Project, University of Oxford</publisher>
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<note type="metadataLine">1706, <hi rend="italic">c.</hi> 260 words.</note>
<note n="scopecontent">
<p>Detailed financial summary of the Crown's losses to date on the contract with the tin-mine owners of Cornwall and Devon.</p>
</note>
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<sourceDesc><bibl type="simple" n="custodian_27" sortKey="mint_19/03/538" subtype="Manuscript">MINT 19/3/538, National Archives, Kew, Richmond, Surrey, UK</bibl>
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<country>UK</country><region>Surrey</region><settlement>Kew, Richmond</settlement><repository n="custodian_27">National Archives</repository>
<idno n="MINT 19/03/538">MINT 19/3/538</idno>
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<origDate when="1706-01-01">1706</origDate>
<origPlace>England</origPlace>
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<language ident="eng">English</language>
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<handNote sameAs="#in">Holograph</handNote>
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<classDecl><taxonomy><category><catDesc n="Mint">Mint</catDesc><category><catDesc n="TinTrade">Tin Trade</catDesc></category></category></taxonomy></classDecl>
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<change when="2001-01-01" type="metadata">Catalogue information compiled by Rob Iliffe, Peter Spargo &amp; John Young</change>
<change when="2011-09-29" type="metadata">Catalogue exported to teiHeader by <name>Michael Hawkins</name></change>
    <change when="2017-03-22">Transcribed by <name>Will Scott</name></change>
    <change when="2017-05-22">Named changed from "'Considerations about selling the Tinn'." by <name>Will Scott</name>, owing to the absence of such a quote from the text</change>
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    <pb xml:id="p538r" n="538r"/><fw type="pag" place="bottomLeft">538</fw>
    
    <table>
        <row>
            <cell cols="2">Paid annually for 1600 Tuns of Tin at 3<hi rend="superscript">li</hi>. 10<hi rend="superscript">s</hi> <choice><abbr>p<hi rend="superscript">r</hi></abbr><expan>per</expan></choice> <choice><abbr>C</abbr><expan>cwt</expan></choice> <choice><abbr>stan.</abbr><expan>standard</expan></choice> <choice><abbr>w<hi rend="superscript">t</hi></abbr><expan>weight</expan></choice></cell>
            <cell>112000</cell>
        </row>
        <row>
            <cell cols="2">Coinage Duty 6400<hi rend="superscript">li</hi>. Post Groats about 300<hi rend="superscript">li</hi></cell>
            <cell>6700</cell>
        </row>
        <row>
            <cell cols="2">Freignt to London about</cell>
            <cell>2000</cell>
        </row>
        <row>
            <cell cols="2">Salaries (including 30<hi rend="superscript">li</hi> paid to <choice><abbr>y<hi rend="superscript">e</hi></abbr><expan>the</expan></choice> corporation of Truro)</cell>
            <cell>2890</cell>
        </row>
        <row>
            <cell cols="2">Incidents, <del type="strikethrough">Salaries</del><choice><sic>,</sic><corr type="delText">,</corr></choice> Letters, striking of Tallys &amp; passing <choice><abbr>acc<hi rend="superscript">ts</hi></abbr><expan>accounts</expan></choice></cell>
            <cell>1050</cell>
        </row>
        <row>
            <cell>Losses by enemy sea &amp; accidents &amp; abatem<choice><orig><hi rend="superscript">ts</hi></orig><reg>ents</reg></choice> for <lb xml:id="l1"/>encouragement of exportation</cell>
            <cell><hi rend="large">}</hi></cell>
            <cell><hi rend="underline">4000</hi></cell>
        </row>
        <row>
            <cell cols="2"><p rend="right" xml:id="par1">Total expence</p></cell>
            <cell>128640</cell>
        </row>
    </table>
    
    <p xml:id="par2"><del type="over"><gap reason="illgblDel" unit="chars" extent="1"/></del><add place="over" indicator="no">W</add>hich is 4<hi rend="superscript">li</hi> 0<hi rend="superscript">s</hi> 5<hi rend="superscript">d</hi> per <choice><abbr>C</abbr><expan>cwt</expan></choice> <choice><abbr>stan.</abbr><expan>standard</expan></choice> weight, besides the interest of <lb xml:id="l2"/>about 200000<hi rend="superscript">li</hi> <choice><abbr>w<hi rend="superscript">ch</hi></abbr><expan>which</expan></choice> is equipollent to 7<hi rend="superscript">s</hi> 6<hi rend="superscript">d</hi> per <choice><abbr>C</abbr><expan>cwt</expan></choice>.</p>
    
    <p xml:id="par3">Whereas 3<hi rend="superscript"><hi rend="overline">li</hi></hi> 16<hi rend="superscript">s</hi> per <choice><abbr>C</abbr><expan>cwt</expan></choice> avoirdepois, is but 4<hi rend="superscript">li</hi> 1<hi rend="superscript">s</hi> 5<hi rend="superscript">d</hi> per <choice><abbr>C</abbr><expan>cwt</expan></choice> <choice><abbr>stan</abbr><expan>standard</expan></choice>.</p>
    
    <p xml:id="par4">So her <choice><abbr>Ma<hi rend="superscript">ty</hi></abbr><expan>Majesty</expan></choice> loses 6<hi rend="superscript">s</hi> 6<hi rend="superscript">d</hi> per <choice><abbr>C</abbr><expan>cwt</expan></choice> <choice><abbr>stan.</abbr><expan>standard</expan></choice> <choice><abbr>w<hi rend="superscript">t</hi>.</abbr><expan>weight</expan></choice> <choice><abbr>w<hi rend="superscript">ch</hi></abbr><expan>which</expan></choice> in seven years <lb xml:id="l3"/>amounts to 72000, besides the loss by the fall of the price in <lb xml:id="l4"/>the end of the contract</p>
    
    <p xml:id="par5">If the Coinage Duty &amp; Post Groats had not been remitted, &amp; <lb xml:id="l5"/>her <choice><abbr>Ma<hi rend="superscript">ty</hi></abbr><expan>Majesty</expan></choice> had paid only 3<hi rend="superscript"><hi rend="overline">li</hi></hi> 8<hi rend="superscript">s</hi> 6<hi rend="superscript">d</hi> per <choice><abbr>C</abbr><expan>cwt</expan></choice> <choice><abbr>stan.</abbr><expan>standard</expan></choice> <choice><abbr>w<hi rend="superscript">t</hi></abbr><expan>weight</expan></choice>, the contract <lb xml:id="l6"/>would <del type="over"><gap reason="illgblDel" unit="chars" extent="1"/></del><add place="over" indicator="no">h</add>ave been nearly equal, except the loss by the fall of <lb xml:id="l7"/>the price in the end of it.</p>
    
    <p xml:id="par6">This loss, if <del type="over"><gap reason="illgblDel" unit="chars" extent="2"/></del><add place="over" indicator="no">th</add>e contract should cease at Christmas come <lb xml:id="l8"/>twelve month might amount to 50 or 60 thousand poun<del type="over"><unclear reason="del" cert="low">ts</unclear></del><add place="over" indicator="no">d</add>s &amp; so <lb xml:id="l9"/>is equipollent to about 5<hi rend="superscript">s</hi> <choice><abbr>p<hi rend="superscript">r</hi></abbr><expan>per</expan></choice> <choice><abbr>C</abbr><expan>cwt</expan></choice> <choice><abbr>stan.</abbr><expan>standard</expan></choice> <choice><abbr>w<hi rend="superscript">t</hi></abbr><expan>weight</expan></choice> in the price.</p>
    
    <p xml:id="par7"><del type="blockStrikethrough">For every hundred Tunns added to the annual <del type="strikethrough">quantity</del><add place="supralinear" indicator="no">purchase</add> of Tin, <lb xml:id="l10"/>about <del type="over"><unclear reason="del" cert="low">1</unclear></del><add place="over" indicator="no">2</add><hi rend="superscript">s</hi> <del type="cancelled"><unclear reason="del" cert="low">4</unclear><hi rend="superscript">d</hi></del> <add place="supralinear" indicator="yes">per <choice><abbr>C</abbr><expan>cwt</expan></choice> w<hi rend="superscript">t</hi></add> ought to be abated in the price if the war continue.</del></p>
    
    <p xml:id="par8">And one hundred Tunns added to <choice><abbr>y<hi rend="superscript">e</hi></abbr><expan>the</expan></choice> annual <del type="strikethrough">quantity</del> purchased, <lb xml:id="l11"/>is equipolle<del type="over"><unclear reason="del" cert="low">d</unclear></del><add place="over" indicator="no">n</add>t to 2<hi rend="superscript">s</hi> added to <choice><abbr>y<hi rend="superscript">e</hi></abbr><expan>the</expan></choice> price</p>
    
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