Draft of <ref target="/catalogue/record/MINT00140">MINT00140</ref> (Mint 19/1/325) Isaac Newton c. 288 words The Newton Project Oxford 2017 Newton Project, University of Oxford

This text is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

 Ca. February 1715/6, c. 288 words.

Mint 19/1/316 is dated 7 February 1715 [= 1716].

 Request for an increase in Mint funding [MINT 19/1/325] MINT 19/1/328, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives MINT 19/1/328 Ca. February 1715/6 England English Holograph MintAccounts and Expenses Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young Catalogue exported to teiHeader by Michael Hawkins Transcribed by Will Scott
328

To the Right HonbleHonourable the Lord Commissioners of his Majesties Treasury.

May it please your Lordships

The Act of Coinage being near expiring, We have thought it our Duty humbly to lay before your Lordships the annexed Abstract shewing what the Moneys leviable by that Act have abmounted unto these five three years past last past, & what the charges of the Mints in the Tower & at Edinburgh have abmounted unto during the same time. And the TBy this Abstract the Income has been about 9600li yearly at a medium & the Expence about 142380 yearly which isAnd ttthis expence is to the Income as about 3 to 2.

The coynage has been increasinedg every year since the peace & if it continues to be so great as it has been the two last years the charge of the Mint will exceed the income by about five or six thousand pounds yearly. This charge has been supplied hitherto out of the stock which accrued to the Mint in the time of the war when the coynage was small, & by the great coinage di since the was peace this stock is now reduced to less then one thousand pounds, which will scarce suffice to carry on the coinage above a month longer.

Wherefore We humbly propose to yoryour Lordships that the House of Commons may be moved that the Act of Coinage may be renewed this session of Parliament with an augmentation of the Duty from ten shillings in the Tun per Tun to fifteen shillings per Tun upon wines &c & from 20s to 30s per Tun upon Brandy, with such Restrictions or Aplplications of the money arising therefrom as the House shall think fitt.