Three partial holograph drafts similar to MINT00457 (Mint 19/3/56) but suggesting a compromise Newton has proposed to the Treasury, raising the Edinburgh Mint's allowance to £1,450 p.a.

<57r>

I have seen the Copy of {illeg} Doctor {illeg} Coll. Montgomerys Indenture in the Treasury. & there are no salaries for clerks besides the Kings Clerks. And the Salaries in this Indenture will amount only to 980li including 50li to the {illeg}ulp the Clerk of ye Bulloin, & 50li extraordinary to ye Warden which being temporary & private allowances are not to be considered in the standing constitution of the Mint. If these be deducted {illeg}& {illeg} seventy{illeg}00 70 pounds be added for repa the Min repairing the mint house & for Incidents necessaries {illeg} elating thereunto & 40li forfor prosecuting Clippers & Coiners the whole will amount unto 990li 9000lith supporting the Mint the whole will amount undto 950li & {illeg}

1 I have seen the Copy of the Indenture Mr Montgomeries Indenture in the Treasury & there are in it no salaries for Clerks. If the 100li from the 1200li allowed in the by Parliam for salaries repairs of ye Mint house & Incidents the 120li recconed for Clerks &c be deducted & the late Clerk of the Bullion be made Comptroller of the Mint {illeg}& his so so {sic} {illeg}that his salary allowance of 50li per an as Clerk of the Bullion may become void & cease, & about 30li per an be deducted for new coining tool be also deducted, there will remain 1000li per an & to fill up the blank in the Bill. This Article before + This Article the + The Parliament of Scotland ye Vnion allowed ony

3 All the business of Clerks will not amount to more then three or four good days work in a year. & therefore they are not necessary superfluous. And when Mr Dr{illeg}ummonds place becomes void there will be 50li permore pr an saved in the salaries. And upon these considerations I have proposed only 1000li to Mr Lownds.

2 + The Parliament of Scotland before the Vnion alow in their Coinage Act wa allowed only 12000 pounds Scots upon this Article {illeg} wch after the rate of 4s 6d to the 60 shillings pie 3 pounds Scots amounts only to 900li sterling.

4 I have it to you to offer what clau{illeg}se you please for moneys not exceeding what clause you please {illeg}50li per an for prosecuting Coiners.

Sr

I have consulted the Copy of Mr Montgomeries Indenture entred in the book of the Treasury & there are in it no salaries allowed for Clerks. all the except to the Kings Clerk. All the buisines of the other Clerks will not amount to above three or four good days work in a year; & therefore theythose Clerks are superfluous. All the salaries in the Indenture amount only to 980li {illeg}including Mr Drummonds additional salary of 50li per an & the pension of the late Clerk of the Bullion of 50li per an, both wch are extraordinary & annexed to their Persons, & ought not to affect the standing constitution of the Mint. If from the 1200li allowed by the last Act Coinage Actto your Mint for Salaries repairs of buildings the Minthousethe Fabric new tools & Incidents {illeg} the 120li per an recconed for three Clerks be deducted & the late Clerk of the Bullion be made Comptroller of the Mint so that his Pension of 50li per an may cease, & about 30li per an for new coining tools be also deducted there will remain 1000li per an to fill up the blank in the Bill.{illeg} in this clause AA. And when Mr Drummons place bec{illeg}omes void there will be 50li per an saved in the salaries.

The Parliament of Scotland in their Coinage Act made about thirty years ago allowed only 12000 pounds Scots upon this Articlefor Salaries repairs & Incidents, which in those days amounted only to about 900li Sterling recconing a 60 shillings piece Scots at 4s 6d English, & the coinage did not then amount to {illeg}three hundred pounds per an more per annum one year with another as I understand by your discourse. And there upon all these considerations I have proposed <57v> to Mr Lowndes+ < insertion from lower down f 57v > + that a summ not exceeding one thousand pounds sterling be allowed for Salaries the Fabric & Incidents & that a further summ not exceeding 400li be allowed for coinage, next coinage, if you think fit to put a limit to the last allowance. {sic} < text from f 57v resumes > that the saiaforesaid blank be filled up wth 31000li sterling & that a summ not exceeding 400li per an be all further allowed for the coinage, if you think fit to put a limit to this allowance.

I leave it to you to offer to the House what clause you think fit for an allowance not exceeding 50li per an for bearing the charges of prosecuting coynerclippers & coiners

I leave it .... coiners

I have sent you herewith a Copy of the Bill so far as it relates to the Mint, with {illeg}proposed amendments partly interlined, partly in the margin, & partly in the clause AA thereunto annexed. And in the margin of the clause AA I have set down one thousand pounds to fill up the clause in t blank in thisat clause.