"Report of the Officers of the Mint upon Mr Ball's proposal"
To the Right Honourable the Lords Commissioners of her Majesties Treasury
May it please your Lordships
In obedience to your Lordships order of Reference signified to us by Mr Lowndes his Letter of Jan 29 upon the annexed proposal of MrRobt Ball merchant for paying three pounds sixteen shillings per cwt for 200 Tunns of Tin upon his factors receipt thereof at Leghorn we have considered this proposal & humbly represent that Sir Theodore Ianssen paid 4li 10s per cwt to the late Lord Treasurer for Tin runn into barrs barrelled shipt of & delivered at Leghorn & Genoa at her Majesties charge
li | s | d | ||
The price at the Tower is | 3. | 16. | 00. | |
Charges of melting into barrs barrelling & porters | 0. | 2. | 06. | |
Shipping off if carried to the Nore | 0. | 0. | 05. | |
Freight to Leghorn | 0. | 4. | 06. | |
Insurance 10 per cent | 0. | 8. | 00. | |
Total | 4. | 11. | 05 | |
Something is also to be recconed for imbezzlements of Tin by the seamen if carried in her Majesties ships, which one voyage with another came to about 2s 6d per cwt. And something also for forbearance of payment till the Tin arrived at Leghorn. |
All which being considered, wee are humbly of opinion that by the Proposal above mentioned her Majesty would be a great loser, but submit it to your Lordships great wisdome.
C: Peyton
Is. Newton
In Ellis
<131v><text in Unknown Hand begins>Report of the Officers of the Mint upon mr. Balls proposal
Source
T 1/131.37, National Archives, Kew, Richmond, Surrey, UK2 Feb. 1710/1, c. 238 words.