"Memoriall about Mint Money" Isaac Newton c. 464 words The Newton Project Oxford 2016 Newton Project, University of Oxford

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 6 May 1696, c. 464 words.

Signed by the Mint Board.

Printed in NC, 4: 202-3.

 T 1/37.57, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives T 1/37.57 6 May 1696 England English Unknown Hand (1) Unknown Hand (2) MintAccounts and Expenses MintCorrespondence Transcribed by Will Scott Metadata amended & document catalogued by Will Scott
57.2478

To the Right Honble.Honourable the Lords Commissrs.Commissioners of his Majties.Majesties Treasury

May it please yor.your Lopps.Lordshipps

On the 28th. April last Wee laid the following Memorial before yor.your Lopps.Lordshipps vizt.

Wee have read the Act to incourage the bringing plate into the Mint to be Coyned and for the further remedying the ill State of the Coyne of the Kingdom.

And find the plate is order'd to be melted down in the Mint to be cast into Ingots (which is a melting more than is usual in the Mint & beyond the agreement with the Melter) but there is no Direction in the Act how this Melting shall be paid for, nor for the refineing of this Silver, the much greatest part of which will be worse than Standard; & some of it exceeding course. & if a great quantity should be brought in it will come to a great Summe of money. which if it were intended should be paid out of the Coynage Duty Wee humbly informe yor.your Lopps.Lordshipps that the money arising by that Act is not sufficient to answer what was to be paid out of it before, much lesse to do this and pay for the presses that people bring in by directions of this Act. Wherefore Wee most humbly pray yor.your Lopps.Lordshipps to take it into yor.your Consideration & to give such Orders in it as yor.your Lordps:Lordships shall think fit.

And

And now Wee further humbly represent to yor.your Lordpps.Lordshipps the great want of money there is for the uses before mention'd, And also for the paying the Carpenter & other Workmens bills, which amount to 8678li: 00s: 00d and likewise for paying the salaries of the severall Officers & Clerks due at Lady day last amounting to 800li. and the old presses which have been brought in by direction of the Act of Parliament come to about 300li. making altogether 9778li: 00s: 00d. in part of which there has been recdreceived out of the Exchequer.

li On the 28th. of March last 400 the 14th. of April 700 the 30th of ditto 600 1700 li Paid the Workmen above mencondmentioned in part of their Bills 1330 } 1630 Paid Mr. Western for new presses &c 200 Paid for an old presse & charges by Warrant } 100

Which 1630li being Substracted from the 9778li: abovemention'd there wants to pay the Workmen & the Salaries and for the old presses, 8148li: but wee are humbly of opinion that the work done by the Carpenter and the rest of the workmen ought to be survay'd & valued before their whole bills are paid off.

All wch:which is humbly submitted

to yor:your Lordpps:Lordshipps

Isaac Newton

Tho. Neale

Tho. Hall

Mint office 6th: May 1696.

Memoriall about Mint Money