Memorandum on the royal tin trade

Author: Newton, Isaac

Normalised TextCatalogue Entry

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1. If her Majts tTinn continue to be sold after the rate of 76li per Tunn, her Majty will be a great run above 3thirty or forty thousand pounds intoo debt years till till the term of the bargain be expired, & after all the Tin is sold off be a great loser by ye bargain.

2 The raising of the price will not much abate the consumption & notwithstanding such abatement will bring in more money annually then comes in by the present price.

45 It will be three years before the Dutch can have Tinn f{illeg}rom India & after that {illeg}they will have but two years more to prejudice her Majties bargain.

43 The higher the price the more it is for her Majts advantage & for the advantage of the nation provided pthe price be not immoderate.

54w w the Farmers of Tin have formerly sold it at 6li ꝑr Hundred & if it therefore we beleive {sic} it may be reasonably set at 5li 5s {illeg}as in the Proposall & if it should be set at 5li 10s or 6li pr hundred {illeg}as formerly, we should not think the price immoderate. And we are humbly of opinion that ye price be raised at once.

56 It will be three years before the Dutch can have Tinn from India & after that they will have but two years {illeg}more to prejudice her Majts bargain. And that prejudice may be {illeg} prevented or at least diminished by imprloying some East-India Merchants to buy at Malacia one after another {illeg}a few Tons of India Tinn at a prices above the Market {illeg} & at ye same time to let the Indians know that Tinn foor one or two {illeg} years or two to raise the price of Tin in India by such methods as they are {illeg}acquanted wth & to lower the price of that tin in Europe. is grown very dear in Europe. For by these means they {illeg}may raise the price {illeg} of Tinn will be raised there by steps s{illeg}o that ye Dutch shall be able to make little or no advantage by buying it.

7 And it up it be declared here that {illeg} tin

6 7 If upon raising the price of her Majts Tin it be declared here tha{illeg}t no Tin shall be sold under that price during the next three years, udner the price to wch it is raised the merchants will hav{illeg}ey time to dispose of what they buy {illeg} at fir & thereby bee incoured {sic} to buythe merchants here will venture to buy at that price be incouraged to buy because they will have time to sell beforewithout abating of their price the price abates & the Dutch {illeg} will be discouraged not venture to buy much {illeg} Indian last noTin because they know not what price th{illeg}at Tinn will bear after the three years are expired. hence when they bring it home.

675 For quick{illeg}ning the sale of the Tinn the blockthe {sic} it may be sold 5s 4 or 5s pr hundred cheaper upon ye wharf then in the Tower, Wharf to them who for every three two or three Tins of blocks will take of one Ton of small barrs at ye same price wth the blocks in ye Tower

{illeg}8 If the price of Tin should be raised at prsent wth a declaration that after a month or two it shall not be sold during the space of three years under such a higher price as shall be named, this would might quickly carry off what Tin is now in the Tower, but [afterwards the sale would stop till that wch is alread {sic} sold be consumed & therefore] we {illeg}beleive {sic} it more for her Majts advan{illeg}tage to raise the price at once & the small barrs

78 And for further preventing any prejudice from the {illeg} importation of the Indian [Tin [the Dutch East Indian comparing may be] her Majts Envoy in Holland or some other fit person may propose to ye Dutch East India company {illeg}that if they willthat if they {illeg}will covenant wth her Majty that they shall bring over no more Tinn during her Mats contract annuallythen they used to do (supposewch is about about 20 Tunn annualy {sic}) {illeg}her Majty will {illeg} quietly permit they shall may make their advantage of it by raising the price thereof proportional to ye price of her Majesties Tin wthout any molestat impediment from her Majts subjetcts, otherwise not: & the English East India company may be treated with to raise the price of {illeg} Tinn in the Indies if the Dutch E company do not by such me{illeg}thods as they are acquainted with in case the Dutch company do not {illeg} enter into ye said contract or do afterwards break it

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Lady D 1704 to Iune 20 3601.0.14 1400.0. 1
Iune 20 1704 to Sept 28 2551.3.0 TCqrgr
6152.3.14 = 307.12.3.14.
In {illeg}Octob 36.10.0
Decem {illeg}22. {illeg}1{illeg}. 0
Novem 15.14.{illeg}0 319.2.{illeg}2.21
Decemb. 1.2 84.15.0.0
Ian 0.0
Feb 16.14.1
377.123.40  

Tin exported in time of pea{illeg}ce {illeg}1274 Tuns pr ann by a medium of ye 5414 years between the two ways.

Tin exported in the last year of the first war {illeg} 9{illeg}47012

Tin expotrted in the first year of this war 921912.

From
Sept 29. 696
to
Mich. 696		 From
Mich. 1697
to
Mich. 1698		 From
Chr. 1698{illeg}
to
Chr. 1699		 From
Chr 1699
to
Chr. 1700		 From
Chr. 1700
to
Chr 1701		 From
Chr 1701
to
Chr 1702
Cqrli Cqrli Cqrli Cqrli Cqrli Cqrli
East India 100 11.0.0 14.3 60.0.0
Flanders 1252.3.0 3449.3.14 1203.0.26 1730.0.0 1065.2.14 177.3.0
France 0.0.0 2092.3.18 726.2634. 2.1. 1912 23467757. 1.2. 1216 7757.5532. 2.2. 1626 5532.8. 2.0. 260
Holland 7162.3.26 2010.3.14 2608.1.27 3394.0.04 3260.0.21 3176.1.12
Italy 81.3.26 624.0.13 1500.0.0 214.0.0 1176.3.12 970.0.0
Spain 824.1.0 1426.3.0 852.3.21 852.1443. 3.3. 2122 1443.1152. 3.3. 2214 1152.501. 3.0. 140
Streights 2345.2.0 4708.2.0 7042.0.14 3153.3.20 3915.2.0 2675.0.0
Turkey 58.0.0 2509.3.0 816{illeg}13.2.014 1152.0.0 1986.3.21 709.0.0
Venice 98.0.21 8.1.0 369.3.0 198.0.0 322.3.2 40.00