Draft of MINT00140 (Mint 19/1/325)

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To the Rt Honble the Lds Commrs of His Mats Treary

May it please yor Lordps

The Act of Coinage being near expiring We have thought it our Duty humbly to lay before yor Lordps the annexed Abstract shewing what the Moneys leviable by that Act have amounted unto for these five years past (exclusive of L1200 per annum paid to the Mint in Scotland & about L300 per an paid for prosecuting cClippers & cCoyners) & what the charges of Coining the Gold & Silver moneys within the said time come to exclusive of Salaries & Repairs of Houses Officers & Buildings wch amount yearly to about L3500.

If the coinage of Gold 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 thousands pounds yearly [or above] This has hitherto been supplied hitherto out of the stock wch remained in the Mint wch was ac{illeg}crued in time of war & is now reduced under L1000 wch will scarce suffice to carry on the Coinage above a month longer.

Wherefore We humbly propose to yor Lordps thatthe House of Commons may be moved that the Act of Coynage may be renewed this session of Parliamt with an augmentation of the Duty from ten shillings per Tunn to fifteen shillings upon Wines &c & from 20s to 30s per Tunn upon Brandy with such restrictions or applications of the money arising therefrom as the House shall think fit when it shall appear that the Income shall exceed the charge of the Mint.

Which is most humbly submitted to yor Lordps great Wisdom

Rich. Sandford

Is. Newton

Mint Office
7 Feb. 1715