Account of the state of the tin in mortgage Isaac Newton c. 412 words The Newton Project Oxford 2016 Newton Project, University of Oxford

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 20 Aug 1711, c. 412 words.

Printed in NC, 5: 188-9.

 T 1/136.38, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives T 1/136.38 20 Aug 1711 England English Clerical Hand Unknown Hand MintTin Trade MintCorrespondence Transcribed by Will Scott Metadata amended & document catalogued by Will Scott
3846150

To the Most Honble:Honourable the Earle of Oxford and Earle Mortimer Lord High Treasurer of Great Britain

May it please yor:your Lordp.Lordship

In obedience to your Lordships direction to lay a State before your Lop.Lordship of the several parcells of Tin that are now under Mortgage, the persons to whome, the places where, for what Terms, and upon what Conditions, wthwith the Charge of keeping the said Tin: We humbly represent to your Lordp.Lordship that upon a Loan of 100'000li. made Iuly the 1st. 1710; 1600 Tunns of Tin were mortgaged to Mr. Moses Berenger and sent into Holland at her Maties.Majesties Charge, That upon a Loan of 10'000li. 1st. Iuly 1710. 160 Tunns of Tinn were mortgaged to Sr.Sir Theodore Ianssen and remain still in yethe Mint under the key of the Storekeeper, That upon a Loan first of 40'000li. 1st. of September 1710. and then of 20'000li. more 4th. October. following, 960 Tuns of Tinn Were Mortgaged to Sr.Sir IJohn Lambert, Mr. Edward Gibbon, and Mr. Francis Stratford and sent to Hamburgh at her Maties.Majesties Charge.

That these several summs were Lent at yethe Interest of 6 per cent & that yethe Charges of Warehouse room Commission or reward in Holland and at Hamburgh are paid out of this Interest without any further Charge to her MatyMajesty.

That Mr. Berenger is to be paid 30'000li'. at Christmas next 30'000L. more at Lady day next and 40'000li. more at Midsummer next. SrSir Theodore Ianssen is to be paid his 10'000li. at Christmas next, and Sr.Sir IJohn Lambert and partners 40'000li. at Christmas 1712. and 20'000li. at Christmas 1713. and upon these payments the said parties are to return to her Majesty the said Tin mortgaged in proportion to the sum̄mmes paid to them, ytthat is for every 10'000li. the quantity of 160 Tunns of Tinn, and in default of payment the said several partyes are allowed to sell and dispose of her MajtiesMajesties Tinn at the best Market price that can be gotten in such proportions as shall be sufficient to make good the repayment of the Principall and Interest, they yethe sd.said severall parties being answerable to her Majty.Majesty for the overplus; But we do not find that they have yet begun to sell any of the sd.said Tinn.

All which is most humbly submitted

to yor.your Lordships great Wisdom

Mint Office the 20th Augst 1711

Cra: Peyton

Is. Newton

Offrs:Officers of the Mint state of the Tin mortgage