Rough partial holograph draft of MINT00140 (Mint 19/1/325)
To the Rt Honble the Lord Commissioners of his Majesties Treasury.
May it please yor Lordps
The Act of Coinage being neare expiring We have thought it or Duty humbly to [lay before yor Lordps the present state of the Mint represent to yor Lordps that the moneys leviable by this Act have usually with respe in the Tower of London & at Edinburgh with respect to that Act.]ab mamounted to about 10000li per an in times of peace, & since the last peace have during the tree years ending at Christamas last amounted to which is after the rate of about per an one year with an{illeg}other at a medium.
That th{illeg} time of war the when the coinage was very small the per
That in the same three years the charge of Coinage has increased every year been very great & encreased every year so as in the last year to amount unto 134876. 18. 5 between Christmas & Christmas & in all the three years to unto 3428454. 13. 1 to which if 13500l per an allowed forby Act of Parliament {illeg} or Salaries & Repairs of buildings & officers in his Majts Mint in the Tower of London & 1200li per an allowed by ye to his Mats Mint in Scotland &at Edinburgh & about {illeg}350li per an allowed for prosecuting Clippers & Coyners, be added the whole charge of the two Mints during the last three years will amount unto about 43454li. 12. 1. wch &is after the rate of 14500 about 14500li per ann at a medium. And this {illeg} expence is {illeg}bigger then then {sic} the Inc annual Income by {illeg}about {illeg}one half or in the proportion of three to two. And if the char expence continues to be so great as it has been the two last years, th it will exceed the income by above 5000li per an.
This expen{illeg}ce has been hitherto supplied out of the stock
Source
MINT 19/1/269, National Archives, Kew, Richmond, Surrey, UKCa. February 1715 [= 1716] , c. 326 words.