The Act of 18 Car. II, chap. 5, saith that no moneys leviable by& payable by this Act shall be applied or converted to any use or uses whatsoever other then to the defraying the charge or expence of the Mint or Mints, & [that] of the Assaying melting down wast & coinage of Gold & & Silver & the encouragement of bringing in of Gold & Silver into the said Mint or Mints there to be coyned &c. The first is the charge of supporting a standing Mint, the second is the further charge of carrying on yethe coynage in that Mint. And by the next Clause of the Act the first is limited to 3000li for preventing extravagance, & the other is left unlimited for encouraging the coynage. The words are: And it is hereby further enacted, that there shall not be issued out of the Exchequer of the said moneys, in any one year, for the fees & salaries of the Officers of the Mint or Mints & towards the providing maintaining & repairing of the Houses Offices & Buildings & other [standing] necessaries for assaying melting down & coyning above the summ of three thousand pounds sterling money, & the overplus of the said moneys so kept or to be kept as aforesaid shall be employed for & towards the [contingent] expence wast & charges of assaying melting down & coynage & buying in of gold & silver to be coyned, & not otherwise Here the charge of salaries & buildings with their appurtenances necessary for constituting a Mint (such as are convenient Hearths floors benches blocks chimneys & places for furnaces Anvils Anvills Mills Presses Cutters & other instruments) are limitlimited to & chimneys & convenient for furnaces, floors convenient for Mill rooms, blocks for the presses & flatters benches for yethe cutters & for the Graver & smith, tables for weighing & telling & sizing stalls & Desks for the Clarks & money chests & boxes for the Treasury, & Pix limitedells Pumps & Pipes for water doors & locks for the Offices, Gates for the Mint &c) are limited to 3000li, & the overplus is for defraying the charges arising by the coynage such as are the charge of stationary ware for the clerks ballances & weights for the several Offices, Furnaces Cuppels water-silver, Aqua fortis & charcoal for the Assay Office, refining & allyay for bringing the gold & silver to standard, flasks furnaces melting & wast in the melting houses Mills Dyes coyning & wast in the other offices. And in this Carriages, water candles, fires, servants, hired servants, brooms, Indentures & Warrants for carrying on the coynage, & charges of making trial pieces & trying the Pix.

After the making of this Act the salaries upon the establishment of the Indenture amounted unto 2600li & there remained only 400li for the providing & repairing of buildings wchwhich charge in the old Accounts usually amounted unto two or three & sometimes almost 400li per anannum And the Incidents in the Wardens Account came to about 180li per anannum or within 120 or 205li over or under. And there is an Article in the Indenture wchwhich obliges the Master to pay unto yethe Warden such summ & summs as are payable by him for salaries & repairs & such other expences of the Mint as have been heretofore usually paid by thiem Warden.

The Act made in yethe 4th & 5t year of her MatyMajesty reign for enlarging the summ of 3000li to that of 3500li was not intended to charge the 3000li wthwith any sorts of payments wchwhich had not been used to be put upon it but on the contrary to make more room for bearing those sorts of payments wchwhich used to be put upon it, as the words of the Preamble import. And accordingly a new salary of 400l per anannum was settled upon the Moneyers presently after the passing of the Act. And the Salaries of the Clarks of the Mint being thought too small were intended to be augmented. But it was thought fit first to take care of the old buildings wchwhich were ready to fall. And since that time time there has been spent upon rebuilding old houses & offices & extraordinary repairs about 900 or 1000li. And a part of the charges of rebuilding the Engineers shop comes into yethe Account of yethe year 1712.

In thise Account of that year the salaries upon the Indenture payable by the Warden are 1435li, those payable by the Master to the Officers 1080li, to yethe Smith 40li in lieu of 50li, & to the Graver for an Apprentice. 35li in lieu of 95li. The new salary to the Moneyers is 400li. And the charge of the buildings in the Wardens Account is in one article 389li. 2s in another 11. 13. 6. Total 32390l. 15s. 6d. Besides 40li extraordinary to yethe Wardens second Clerks., wchwhich Aabout eight years ago I ordered this salary of 120li to be deducted fromplaced within the 3000li, but it is now ceased. The Incidents in the Wardens Acctounts abot the Paviers Scale-makes & Stationers Bills amount unto 153li. 4s. Which with the two former summs amount unto 3483li. 19s. 6d.