Recommend rejection of Robert Ball's tender to handle tin, his price being far too low to cover transport, insurance and other expenses

<556r>

In obedience to yor Lordps order signified to us by Mr Lowndes his letter of Ian 29 upon the annexed proposal of Mr Robt Balle merchant, vizt that if yor Lordps shall ship off & deliver {illeg}200 Tunns of Tin to his factor at Leghorn, upon his factors receipt thereof he will pay for ye same three pounds 16s pr C either here or at Leghorn as your Lordps shall think fit: we have considered the same, & humbly represent that Sr Theodore Ianssen paid 4li 10 per C to the late Ld Treasurer for tinn runn into barrs barrelled & shipt off at her Majts charge & delivered at Genoa & Leghorn, [without including the losses wch always happned by imbezz3lmts of {illeg}some Tin by the seamen & by breaking of the barrels in removing them from shipp to ship & wch usually amounted to about 2s 6d per C.

The charges of running the Tin into barrs barrelling & shipping it off	0. 2. 11	]
InsuranceFreight to Leghorn 4. 6. Insurance at 10 pr cent 8s	0. 12. 6
Imbezzelments	0 2. 6
	0. 17. 11

& yet her Maty wasseems to have been a loser by that price. For the charges of running the Tin into barrels barrelling & shipping it off came to 2s. 11d. per C & recconmts for Freight to Leghorn at 4s 6d & 8s for insurance at 10 pr cent {illeg}(8s,) The whole will be 15s. 5d which added to 3l 16s ye price at the Tower makes 4. 11 5 besides the losses by imbezzelments by seamen wch one {illeg}voiage wth another amounted to about 2s 6d pr C So that We are humbly of opinion therefore that by the proposal above mentioned, her Maty would be a great loser.